In ₹ Crore except Per Share Latest Annual	XCHANGING FY26	KSOLVES FY26	INNOVANA FY26	SOFTTECH FY26	Peer Average
Valuation — at last close
P/E	◆ 10.86×	14.33×	15.91×	120.14×	50.13× -78%
P/B	◆ 1.63×	16.74×	2.15×	3.46×	7.45× -78%
EV/EBITDA	◆ 5.92×	10.07×	12.85×	18.27×	13.73× -57%
Market Cap	₹646 Cr	₹492 Cr	₹584 Cr	₹594 Cr	₹557 Cr +16%
Growth
Revenue CAGR 3Y	5.17%	◆ 27.59%	—	26.66%	27.13% -81%
Revenue CAGR 5Y	0.72%	—	—	—	—
Net Income CAGR 3Y	9.81%	11.57%	—	◆ 13.79%	12.68% -23%
Revenue YoY (latest Q)	0.76%	-4.72%	21.43%	◆ 23.22%	13.31% -94%
Net Income YoY (latest Q)	-6.58%	-13.83%	-57.81%	◆ 4.99%	-22.22% +70%
Profitability
EBITDA Margin	33.77%	29.71%	◆ 34.55%	24.22%	29.49% +15%
Net Income Margin	◆ 29.30%	21.10%	27.65%	4.01%	17.59% +67%
Return on Common Equity	15.75%	◆ 136.94%	15.77%	2.90%	51.87% -70%
Return on Capital Employed	15.47%	◆ 131.67%	12.20%	5.08%	49.65% -69%
Return on Assets	11.58%	◆ 57.97%	11.38%	2.12%	23.82% -51%
Credit & Quality
Total Debt/Equity	0.18×	0.05×	◆ 0.03×	0.19×	0.09× +100%
Interest Coverage	12.69×	◆ 52.75×	7.66×	2.30×	20.90× -39%
Scale — latest FY
Revenue / Total Income	₹203 Cr	₹163 Cr	₹132 Cr	₹133 Cr	₹143 Cr +42%
Net Income	₹59.5 Cr	₹34.3 Cr	₹36.6 Cr	₹5.3 Cr	₹25.4 Cr +134%
Total Assets	₹523 Cr	₹62.1 Cr	₹365 Cr	₹254 Cr	₹227 Cr +130%
EPS	₹5.34	₹14.48	₹17.78	₹3.57	₹11.94 -55%
Book Value per Share	₹35.55	₹12.39	₹131.87	₹124.08	₹89.45 -60%

◆ best value in the comp set per metric · Δ = subject vs average of the other companies.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.