Xchanging Solutions files FY26 sustainability report; turnover ₹4,105 lakh

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Xchanging Solutions filed its FY26 BRSR report disclosing a turnover of ₹4,105.16 lakh
  • Net worth stood at ₹30,459.16 lakh as on March 31, 2026
  • Exports accounted for 67.80% of total turnover
  • Permanent employee count was 86 with a 10.5% attrition rate
  • Related parties constituted 85.92% of purchases and 61.22% of sales
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Xchanging Solutions filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 31, 2026, with the stock exchanges on August 21, 2026. The IT services company disclosed a turnover of ₹4,105.16 lakh and a net worth of ₹30,459.16 lakh as on the reporting date.

The Bengaluru-headquartered entity operates primarily in the information technology sector, deriving 100% of its turnover from computer programming activities. It maintains two domestic offices in Bengaluru and Chennai, serving banks and private sector companies. Exports contributed 67.80% to the total turnover during the period.

Workforce and Governance

The company employed 86 permanent staff members at the end of FY26, comprising 79.06% male and 20.94% female employees. The overall employee turnover rate for permanent staff stood at 10.5% for FY26, compared to 9.90% in FY25 and 4.9% in FY24. Women constitute 33.33% of the Board of Directors and 33% of Key Managerial Personnel.

Financial and Operational Metrics

Metric FY26 FY25
Turnover ₹4,105.16 lakh Not Disclosed
Net Worth ₹30,459.16 lakh Not Disclosed
Accounts Payable Days 46 66

The firm reduced its accounts payable days from 66 in FY25 to 46 in FY26. Related party transactions remained significant, accounting for 85.92% of purchases and 61.22% of sales in FY26. All investments made by the entity were directed toward related parties.

What the Numbers Show

The divergence between high related-party sales concentration (61.22%) and substantial export contribution (67.80%) suggests that the majority of the company’s revenue is generated through cross-border transactions with its parent group or affiliates rather than independent third-party clients. This structural dependency highlights the integrated nature of its operations within the broader DXC Technology ecosystem.

Sustainability Initiatives

Under Principle 8, the company reported CSR spending in aspirational districts of Madhya Pradesh, including Guna (₹1,14,645) and Chattarpur (₹1,52,860). CSR projects benefited 8,300 individuals through women’s economic resilience programs and 800 students via fellowship initiatives. The entity recorded zero complaints regarding sexual harassment, discrimination, or child labour during the financial year.

Historical Stock Returns for Xchanging Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-0.05%-6.83%-5.58%-8.21%-30.23%-40.07%

How might the rising employee turnover rate from 4.9% in FY24 to 10.5% in FY26 impact Xchanging's ability to retain key talent and maintain service quality for its banking clients?

Given that 61.22% of sales are derived from related parties, what is the strategic risk to Xchanging's valuation if the broader DXC Technology ecosystem faces market headwinds?

Will the significant reduction in accounts payable days from 66 to 46 indicate improved operational efficiency or a shift in negotiating power with suppliers?

Xchanging Solutions shares FY26 annual report web-link

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Xchanging Solutions provides web-link for FY26 Annual Report access
  • 25th AGM scheduled for September 15, 2026, via VC/OAVM
  • Shareholders urged to update email IDs for electronic communications
  • Documents also available on BSE and NSE websites
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Xchanging Solutions has provided a web-link for shareholders to access its Annual Report for FY26. The company is complying with SEBI Listing Regulations regarding electronic communication.

Corporate Action Details

The 25th Annual General Meeting (AGM) is scheduled for Tuesday, September 15, 2026, at 10:00 am. The meeting will be held through Video Conferencing or Other Audio Visual Means (VC/OAVM). This arrangement aligns with circulars issued by the Ministry of Corporate Affairs and SEBI.

Shareholders who have registered their email addresses with the company, KFin Technologies Limited, or their Depository Participants will receive the Notice and Annual Report electronically. Those without registered emails are directed to use the provided web-link to view the documents.

Accessing the Report

The Notice and Annual Report for FY26 can be accessed via the investor relations section of the company website. The documents are also available on the BSE and NSE websites. Shareholders are requested to update their email addresses with their depository participants or the Registrar and Share Transfer Agent to receive future communications electronically.

Radhika Khurana, Company Secretary and Compliance Officer, signed the intimation letter dated August 21, 2026.

Historical Stock Returns for Xchanging Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-0.05%-6.83%-5.58%-8.21%-30.23%-40.07%

How might the FY26 financial performance detailed in the annual report influence Xchanging Solutions' stock valuation ahead of the September AGM?

What strategic initiatives or capital allocation plans are expected to be proposed for shareholder approval during the 25th AGM?

Could the shift to fully electronic communication and VC/OAVM meetings signal a broader trend in corporate governance efficiency for mid-cap Indian IT firms?

More News on Xchanging Solutions

1 Year Returns:-30.23%