Xchanging Peer Comparison

NSE: XCHANGING | BSE: 532616

₹58.09

₹0.14 (0.24%)

As on 04-Nov-2026IST

Market cap

₹646 Cr

Revenue (TTM)

₹207 Cr

P/E Ratio

10.8

P/B Ratio

1.6

Div. Yield

3.5 %

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	Xchanging	Tata Technologies	Honeywell Automat	Nazara Tech	eClerx Services
Market cap (₹ Cr)	646	26,489	26,304	17,242	14,699
Revenue (₹ Cr)	207	6,301	4,778	2,036	4,519
Net Profit (₹ Cr)	59.73	528.13	565.30	133.85	726.30
Net Margin (%)	27.07	8.21	11.40	6.31	15.72
RoE (%)	14.74	15.24	12.59	0.38	26.52
Price to Earnings	10.81	47.05	46.53	1,310.18	20.24
Price-To-Book	1.56	6.91	5.64	3.78	5.04

Income Statement (₹ Cr)

	Xchanging	Tata Technologies	Honeywell Automat	Nazara Tech	eClerx Services
Operating Revenue	206.97	6,301.38	4,777.70	2,035.67	4,518.63
Total Income	220.69	6,432.23	4,959.10	2,120.19	4,620.32
Total Expenditure	135.40	5,315.69	4,117.80	1,756.34	3,409.67
EBITDA	71.57	985.69	659.90	279.33	1,108.96
Depreciation	0.00	183.72	55.40	226.49	201.39
EBIT	71.57	801.97	604.50	52.84	907.57
Interest	4.93	60.24	9.50	17.93	51.70
Other Income	13.72	130.85	181.40	84.52	101.69
Exceptional Items	0.00	-107.73	-12.30	-1.09	0.00
Profit before Tax	80.36	764.85	764.10	118.34	957.55
Provision for Tax	20.63	236.72	198.80	-15.51	231.26
Profit after Tax	59.73	528.13	565.30	133.85	726.30

	Xchanging	Tata Technologies	Honeywell Automat	Nazara Tech	eClerx Services
Shareholder's Funds	414.57	3,832.59	4,663.30	3,831.56	2,915.17
Minority Interest	0.00	0.00	0.00	-4.27	-0.23
Non-Current Liabilities	49.23	1,259.79	106.20	311.58	503.10
Current Liabilities	46.08	3,478.25	1,554.00	3,077.93	640.42
Total Liabilities	652.15	8,860.15	8,292.30	4,342.42	3,690.64

	Xchanging	Tata Technologies	Honeywell Automat	Nazara Tech	eClerx Services
Non-Current Assets	159.72	2,422.06	204.10	5,824.79	887.09
Current Assets	332.06	5,133.34	5,921.60	1,298.36	2,648.82
Total Assets	652.15	8,860.15	8,292.30	4,342.42	3,690.64
Total Debt*	71.11	665.56	0.00	111.51	0.00
Net Current Assets	285.98	1,655.09	4,367.60	-1,779.57	2,008.39
Contingent Liabilities	81.05	40.68	71.40	286.71	32.35

	Xchanging	Tata Technologies	Honeywell Automat	Nazara Tech	eClerx Services
Cash From Operating Activities	41.15	775.70	492.60	148.63	873.47
Cash Flow from Investing Activities	12.90	-870.92	-2,963.70	-542.48	-140.82
Cash from Financing Activities	-49.68	15.63	-116.10	360.88	-621.57
Net Cash Inflow / Outflow	4.37	-79.59	-2,587.20	-32.97	111.08

	Xchanging	Tata Technologies	Honeywell Automat	Nazara Tech	eClerx Services
ROCE (%)	18.02	19.56	17.04	2.10	40.23
ROE (%)	14.74	15.24	12.59	0.38	26.52
ROA (%)	11.68	6.72	9.37	2.32	19.13
EBIT Margin (%)	34.58	12.73	12.65	2.60	20.09
Net Margin (%)	27.07	8.21	11.40	6.31	15.72
Cash Profit Margin (%)	29.30	0.00	0.00	0.00	0.00

	Xchanging	Tata Technologies	Honeywell Automat	Nazara Tech	eClerx Services
Revenue Growth (%)	3.91	21.87	5.29	-2.14	22.41
EBIT Growth (%)	10.41	6.71	16.14	470.03	19.11
Net Profit Growth (%)	0.96	-22.23	9.53	-52.82	18.15
EPS Growth (%)	0.96	-14.84	11.29	-95.59	-24.68
Book Value Growth (%)	10.42	9.68	10.47	21.26	10.18

	Xchanging	Tata Technologies	Honeywell Automat	Nazara Tech	eClerx Services
Price / Earnings	10.81	44.80	46.06	1,485.35	16.08
Price / Book Value	1.56	6.91	5.67	3.79	5.03
Dividend Yield (%)	3.43	1.79	0.37	0.00	0.06
EV/EBITDA	5.66	26.00	34.32	59.61	12.30
Market Cap (₹ Cr)	531.83	20,683.88	23,185.24	8,608.64	12,772.25

	Xchanging	Tata Technologies	Honeywell Automat	Nazara Tech	eClerx Services
Debt to Equity	0.12	0.14	0.00	0.01	0.00
Short term debt to equity ratio	--	0.02	--	0.02	--
Current Ratio	7.21	1.48	3.81	0.42	4.14
Quick Ratio	7.21	1.48	3.64	0.42	4.14
Interest Coverage	17.30	13.70	81.43	7.60	19.52

	Xchanging	Tata Technologies	Honeywell Automat	Nazara Tech	eClerx Services
Debtors to sales (%)	5.77	22.56	22.48	25.13	23.68
Asset Turnover	0.40	0.80	0.79	0.35	1.19
Receivable days	25.92	72.67	89.19	95.01	79.98
Inventory Days	0.00	0.00	17.70	0.59	0.04
Payable days	--	199.65	125.42	6,054.56	--
Cash Conversion Cycle	--	-126.98	-18.52	-5,958.95	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.