Reported Earnings • May 28
Full year 2026 earnings released: EPS: ₹0.84 (vs ₹0.74 in FY 2025) Full year 2026 results: EPS: ₹0.84 (up from ₹0.74 in FY 2025). Revenue: ₹3.69b (up 58% from FY 2025). Net income: ₹146.2m (up 48% from FY 2025). Profit margin: 4.0% (down from 4.2% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year. Tillkännagivande • May 20
XTGlobal Infotech Limited to Report Q4, 2026 Results on May 26, 2026 XTGlobal Infotech Limited announced that they will report Q4, 2026 results on May 26, 2026 Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹33.88, the stock trades at a trailing P/E ratio of 45.7x. Average trailing P/E is 23x in the IT industry in India. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₹38.72, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 21x in the IT industry in India. Total returns to shareholders of 66% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.22 (vs ₹0.28 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.22 (down from ₹0.28 in 3Q 2025). Revenue: ₹929.8m (up 88% from 3Q 2025). Net income: ₹29.2m (down 21% from 3Q 2025). Profit margin: 3.1% (down from 7.4% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Tillkännagivande • Feb 05
XTGlobal Infotech Limited to Report Q3, 2026 Results on Feb 14, 2026 XTGlobal Infotech Limited announced that they will report Q3, 2026 results at 9:15 AM, Indian Standard Time on Feb 14, 2026 Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹30.60, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 12% over the past three years. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹0.20 (vs ₹0.20 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.20 (in line with 2Q 2025). Revenue: ₹943.0m (up 90% from 2Q 2025). Net income: ₹27.4m (flat on 2Q 2025). Profit margin: 2.9% (down from 5.5% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 05
XTGlobal Infotech Limited to Report Q2, 2026 Results on Nov 13, 2025 XTGlobal Infotech Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹44.58, the stock trades at a trailing P/E ratio of 55.8x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹42.00, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 26x in the IT industry in India. Negligible returns to shareholders over past three years. New Risk • Aug 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (3.8% net profit margin). Market cap is less than US$100m (₹4.11b market cap, or US$46.9m). New Risk • Aug 06
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 5.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.3% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (3.8% net profit margin). Market cap is less than US$100m (₹5.04b market cap, or US$57.4m). Reported Earnings • Aug 06
First quarter 2026 earnings released: EPS: ₹0.22 (vs ₹0.16 in 1Q 2025) First quarter 2026 results: EPS: ₹0.22 (up from ₹0.16 in 1Q 2025). Revenue: ₹923.7m (up 84% from 1Q 2025). Net income: ₹29.3m (up 35% from 1Q 2025). Profit margin: 3.2% (down from 4.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Aug 05
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 7.8% to ₹37.72. The fair value is estimated to be ₹29.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 34%. Tillkännagivande • Jul 30
XTGlobal Infotech Limited to Report Q1, 2026 Results on Aug 05, 2025 XTGlobal Infotech Limited announced that they will report Q1, 2026 results on Aug 05, 2025 Reported Earnings • May 31
Full year 2025 earnings released: EPS: ₹0.66 (vs ₹0.88 in FY 2024) Full year 2025 results: EPS: ₹0.66 (down from ₹0.88 in FY 2024). Revenue: ₹2.36b (up 7.4% from FY 2024). Net income: ₹99.1m (down 15% from FY 2024). Profit margin: 4.2% (down from 5.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Tillkännagivande • May 23
XTGlobal Infotech Limited to Report Q4, 2025 Results on May 30, 2025 XTGlobal Infotech Limited announced that they will report Q4, 2025 results on May 30, 2025 Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹39.26, the stock trades at a trailing P/E ratio of 55.3x. Average trailing P/E is 29x in the IT industry in India. Total loss to shareholders of 31% over the past three years. New Risk • Feb 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (₹4.85b market cap, or US$55.9m). Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹0.28 (vs ₹0.35 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.28 (down from ₹0.35 in 3Q 2024). Revenue: ₹493.9m (down 12% from 3Q 2024). Net income: ₹36.8m (down 20% from 3Q 2024). Profit margin: 7.4% (down from 8.1% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Tillkännagivande • Feb 07
XTGlobal Infotech Limited to Report Q3, 2025 Results on Feb 14, 2025 XTGlobal Infotech Limited announced that they will report Q3, 2025 results at 9:15 AM, Indian Standard Time on Feb 14, 2025 Tillkännagivande • Jan 08
XTGlobal Infotech Limited (BSE:531225) completed the acquisition of an additional 7% stake in Network Objects, Inc. from Srinivasa Raju Kosuri. XTGlobal Infotech Limited (BSE:531225) agreed to acquire an additional 7% stake in Network Objects, Inc. from Srinivasa Raju Kosuri for $0.7 million on March 14, 2024.
XTGlobal Infotech Limited (BSE:531225) completed the acquisition of an additional 7% stake in Network Objects, Inc. from Srinivasa Raju Kosuri on January 6, 2025. Consideration is composed of $0.08 million, paid in cash and $0.61 million, which will be paid in remaining 7 tranches. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹46.71, the stock trades at a trailing P/E ratio of 59.9x. Average trailing P/E is 35x in the IT industry in India. Total loss to shareholders of 1.4% over the past three years. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹49.41, the stock trades at a trailing P/E ratio of 63.4x. Average trailing P/E is 37x in the IT industry in India. Total returns to shareholders of 41% over the past three years. Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: ₹0.20 (vs ₹0.38 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.20 (down from ₹0.38 in 2Q 2024). Revenue: ₹496.1m (down 14% from 2Q 2024). Net income: ₹27.1m (down 47% from 2Q 2024). Profit margin: 5.5% (down from 8.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 05
XTGlobal Infotech Limited to Report Q2, 2025 Results on Nov 13, 2024 XTGlobal Infotech Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹47.98, the stock trades at a trailing P/E ratio of 50.2x. Average trailing P/E is 40x in the IT industry in India. Total returns to shareholders of 18% over the past three years. New Risk • Sep 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₹6.65b market cap, or US$79.6m). Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹48.01, the stock trades at a trailing P/E ratio of 50.2x. Average trailing P/E is 41x in the IT industry in India. Total returns to shareholders of 18% over the past three years. Tillkännagivande • Sep 09
XTGlobal Infotech Limited, Annual General Meeting, Sep 30, 2024 XTGlobal Infotech Limited, Annual General Meeting, Sep 30, 2024, at 10:00 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹0.16 (vs ₹0.08 in 1Q 2024) First quarter 2025 results: EPS: ₹0.16 (up from ₹0.08 in 1Q 2024). Revenue: ₹501.5m (down 7.8% from 1Q 2024). Net income: ₹21.7m (up 93% from 1Q 2024). Profit margin: 4.3% (up from 2.1% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Tillkännagivande • Aug 05
XTGlobal Infotech Limited to Report Q1, 2025 Results on Aug 13, 2024 XTGlobal Infotech Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹0.86 (vs ₹0.94 in FY 2023) Full year 2024 results: EPS: ₹0.86 (down from ₹0.94 in FY 2023). Revenue: ₹2.20b (down 11% from FY 2023). Net income: ₹116.7m (down 6.3% from FY 2023). Profit margin: 5.3% (up from 5.1% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Tillkännagivande • May 24
XTGlobal Infotech Limited to Report Q4, 2024 Results on May 30, 2024 XTGlobal Infotech Limited announced that they will report Q4, 2024 results on May 30, 2024 Tillkännagivande • Apr 21
XTGlobal Infotech Limited Announces Resignation of Shikha Gangrade as Company Secretary and Compliance Officer, Effective 23 April 2024 XTGlobal Infotech Limited announced that Ms. Shikha Gangrade has submitted her resignation from the post of company secretary and compliance officer of the company with effect from closing of working hours of 23 April 2024. Recent Insider Transactions • Mar 30
Chairman & MD recently bought ₹1.9m worth of stock On the 27th of March, Ramarao Mullapudi bought around 45k shares on-market at roughly ₹42.25 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹4.6m. Ramarao has been a buyer over the last 12 months, purchasing a net total of ₹8.9m worth in shares. Recent Insider Transactions • Mar 21
Chairman & MD recently bought ₹4.6m worth of stock On the 18th of March, Ramarao Mullapudi bought around 100k shares on-market at roughly ₹45.63 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ramarao has been a buyer over the last 12 months, purchasing a net total of ₹7.0m worth in shares. Tillkännagivande • Mar 14
XTGlobal Infotech Limited (BSE:531225) agreed to acquire an additional 7% stake in Network Objects, Inc. from Srinivasa Raju Kosuri XTGlobal Infotech Limited (BSE:531225) agreed to acquire an additional 7% stake in Network Objects, Inc. from Srinivasa Raju Kosuri on March 14, 2024. Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: ₹0.35 (vs ₹0.29 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.35 (up from ₹0.29 in 3Q 2023). Revenue: ₹563.5m (down 11% from 3Q 2023). Net income: ₹45.9m (up 18% from 3Q 2023). Profit margin: 8.1% (up from 6.1% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Tillkännagivande • Feb 01
XTGlobal Infotech Limited to Report Q3, 2024 Results on Feb 08, 2024 XTGlobal Infotech Limited announced that they will report Q3, 2024 results on Feb 08, 2024 Board Change • Jan 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Additional Non-Executive Independent Director Srinivasa Pendyala was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 17
Second quarter 2024 earnings released: EPS: ₹0.38 (vs ₹0.20 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.38 (up from ₹0.20 in 2Q 2023). Revenue: ₹574.4m (down 4.4% from 2Q 2023). Net income: ₹50.7m (up 88% from 2Q 2023). Profit margin: 8.8% (up from 4.5% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 16
XTglobal Infotech Limited Approves Dividend for the Financial Year 2023-24 The Board of Directors of XTGlobal Infotech Limited in their meeting held on 14th November, 2023 has considered and approved payment of Interim Dividend of INR 0.05 (Rupees Five Paisa only) on the fully paid equity shares of INR 1 each for the financial year 2023 -24. This dividend pertains to the entire issued, subscribed, and paid-up share capital of the Company, comprising 13,29,68,455 equity shares with a nominal value of INR 1 each. The dividend will be disbursed to all the registered members on or before 11th December 2023. Additionally, the Board has set the record date for the payment of the dividend as 24 November 2023. New Risk • Oct 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (4.5% net profit margin). Market cap is less than US$100m (₹6.39b market cap, or US$76.7m). Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹46.66, the stock trades at a trailing P/E ratio of 58.9x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 65% over the past three years. Tillkännagivande • Sep 08
XTGlobal Infotech Limited, Annual General Meeting, Sep 29, 2023 XTGlobal Infotech Limited, Annual General Meeting, Sep 29, 2023, at 10:00 Indian Standard Time. Agenda: To consider the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon; to consider the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023, together with the Report of the Auditors thereon; to consider Board changes; and to consider any other matter thereof. Reported Earnings • Aug 15
First quarter 2024 earnings released: EPS: ₹0.08 (vs ₹0.48 in 1Q 2023) First quarter 2024 results: EPS: ₹0.08 (down from ₹0.48 in 1Q 2023). Revenue: ₹532.4m (down 12% from 1Q 2023). Net income: ₹11.2m (down 82% from 1Q 2023). Profit margin: 2.1% (down from 11% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Aug 06
XTGlobal Infotech Limited to Report Q1, 2024 Results on Aug 14, 2023 XTGlobal Infotech Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Recent Insider Transactions • Jun 28
Chairman & MD recently bought ₹2.4m worth of stock On the 23rd of June, Ramarao Mullapudi bought around 60k shares on-market at roughly ₹40.07 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ramarao's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹39.77, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 146% over the past three years. Reported Earnings • May 31
Full year 2023 earnings released: EPS: ₹1.25 (vs ₹1.64 in FY 2022) Full year 2023 results: EPS: ₹1.25 (down from ₹1.64 in FY 2022). Revenue: ₹2.44b (up 13% from FY 2022). Net income: ₹157.5m (down 22% from FY 2022). Profit margin: 6.4% (down from 9.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 20
XTGlobal Infotech Limited to Report Q4, 2023 Results on May 30, 2023 XTGlobal Infotech Limited announced that they will report Q4, 2023 results on May 30, 2023 Valuation Update With 7 Day Price Move • May 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹34.00, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 188% over the past three years. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹29.38, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 203% over the past three years. Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ₹0.29 (vs ₹0.50 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.29 (down from ₹0.50 in 3Q 2022). Revenue: ₹631.8m (up 15% from 3Q 2022). Net income: ₹39.0m (down 35% from 3Q 2022). Profit margin: 6.2% (down from 11% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 05
XTGlobal Infotech Limited to Report Q3, 2023 Results on Feb 13, 2023 XTGlobal Infotech Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹0.20 (vs ₹0.49 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.20 (down from ₹0.49 in 2Q 2022). Revenue: ₹597.4m (up 14% from 2Q 2022). Net income: ₹26.9m (down 54% from 2Q 2022). Profit margin: 4.5% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Additional Non-Executive Independent Director Srinivasa Pendyala was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 06
XTGlobal Infotech Limited to Report Q2, 2023 Results on Nov 14, 2022 XTGlobal Infotech Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Tillkännagivande • Sep 24
XTGlobal Infotech Limited Announces Regularization of the Appointment of Srinivas Pendyala as an Non-Executive Independent Director XTGlobal Infotech Limited announced the regularization of the Appointment of Mr. Srinivas Pendyala (DIN:09340407),who was appointed as an Independent Director with effect from September 30, 2021. He holds an MBA from I.I.M. Bangalore and a BS in Engineering from I.I.T. Chennai. He is the co-founder of Hexplora and is also a President of Infowave Systems Inc. The company appointed as a Non-Executive Independent Director of the Company not liable to retire by rotation, to hold office for a period of three years with effect from September 30, 2021 till September 29, 2024. Tillkännagivande • Aug 31
XTGlobal Infotech Limited, Annual General Meeting, Sep 23, 2022 XTGlobal Infotech Limited, Annual General Meeting, Sep 23, 2022, at 10:30 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone and Consolidated Balance Sheet as at March 31, 2022, the Profit & Loss Account and Cash Flow Statement for the period ended on March 31, 2022 along with schedules and annexure and the reports of the Board of Directors and Auditors thereon and in this regard to pass the following resolution as an ordinary resolution; to appoint a director in place of Mr. Srinivasa Raju Kosuri (DIN: 05186948), who retires by rotation, and being eligible, offers himself for re-appointment. Reported Earnings • Aug 18
First quarter 2023 earnings released: EPS: ₹0.48 (vs ₹0.20 in 1Q 2022) First quarter 2023 results: EPS: ₹0.48 (up from ₹0.20 in 1Q 2022). Revenue: ₹598.1m (up 16% from 1Q 2022). Net income: ₹63.4m (up 169% from 1Q 2022). Profit margin: 11% (up from 4.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 156% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Aug 06
XTGlobal Infotech Limited to Report Q1, 2023 Results on Aug 13, 2022 XTGlobal Infotech Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 16% share price gain to ₹43.65, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 1,421% over the past three years. Reported Earnings • May 28
Full year 2022 earnings released: EPS: ₹1.61 (vs ₹1.68 in FY 2021) Full year 2022 results: EPS: ₹1.61. Revenue: ₹2.16b (up 19% from FY 2021). Net income: ₹202.2m (flat on FY 2021). Profit margin: 9.4% (down from 11% in FY 2021). The decrease in margin was driven by higher expenses. Tillkännagivande • May 19
XTGlobal Infotech Limited to Report Q4, 2022 Results on May 26, 2022 XTGlobal Infotech Limited announced that they will report Q4, 2022 results on May 26, 2022 Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 16% share price gain to ₹52.45, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 29x in the IT industry in India. Total returns to shareholders of 1,570% over the past three years. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Additional Non-Executive Independent Director Srinivasa Pendyala was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹54.65, the stock trades at a trailing P/E ratio of 39.2x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 123% over the past year. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.50 (down from ₹1.20 in 3Q 2021). Revenue: ₹549.8m (up 19% from 3Q 2021). Net income: ₹60.3m (down 58% from 3Q 2021). Profit margin: 11% (down from 31% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has increased by 172% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 04
XTGlobal Infotech Limited to Report Q3, 2022 Results on Feb 11, 2022 XTGlobal Infotech Limited announced that they will report Q3, 2022 results on Feb 11, 2022 Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improved over the past week After last week's 17% share price gain to ₹60.25, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 32x in the IT industry in India. Total returns to shareholders of 1,636% over the past three years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 17% share price gain to ₹40.00, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 39% over the past year. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 19% share price gain to ₹35.10, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 945% over the past three years. Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS ₹0.20 (vs ₹0.02 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹502.4m (up 14% from 1Q 2021). Net income: ₹23.6m (up ₹26.2m from 1Q 2021). Profit margin: 4.7% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has increased by 142% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 25% share price gain to ₹43.70, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 60x in the Healthcare Services industry in Asia. Total returns to shareholders of 1,357% over the past three years. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improved over the past week After last week's 32% share price gain to ₹34.70, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 59x in the Healthcare Services industry in Asia. Total returns to shareholders of 1,072% over the past three years. Reported Earnings • May 22
Full year 2021 earnings released: EPS ₹1.69 (vs ₹0.55 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹1.82b (down 7.1% from FY 2020). Net income: ₹201.7m (up 419% from FY 2020). Profit margin: 11% (up from 2.0% in FY 2020). Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 115% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 26% share price gain to ₹27.10, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 51x in the Healthcare Services industry in Asia. Total returns to shareholders of 861% over the past three years. Is New 90 Day High Low • Feb 23
New 90-day low: ₹24.50 The company is down 2.0% from its price of ₹24.90 on 25 November 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Healthcare Services industry, which is up 14% over the same period. Reported Earnings • Feb 04
Third quarter 2021 earnings released: EPS ₹1.20 (vs ₹0.06 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: ₹461.9m (up ₹447.1m from 3Q 2020). Net income: ₹144.2m (up ₹139.6m from 3Q 2020). Profit margin: 31% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has increased by 129% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jan 29
XTGlobal Infotech Limited to Report Q3, 2021 Results on Feb 03, 2021 XTGlobal Infotech Limited announced that they will report Q3, 2021 results on Feb 03, 2021 Tillkännagivande • Dec 10
XTGlobal Infotech Limited (BSE:531225) agreed to acquire a 44.33% stake in Network Objects, Inc. for approximately INR 390 million. XTGlobal Infotech Limited (BSE:531225) agreed to acquire a 44.33% stake in Network Objects, Inc. for approximately INR 390 million on December 8, 2020. This is an all stock deal, to be completed through swapping of shares. As a part of consideration, XTGlobal Infotech Limited will allot 13.000828 million shares on a preferential basis at an issue price of INR 25.2 per share to the shareholders of Network Objects, Inc. In a related transaction, XTGlobal Inc., USA a step-down subsidiary of XTGlobal Infotech Limited agreed to acquire remaining 55.67% stake in Network Objects, Inc. on December 8, 2020. Allotment of share to the shareholders of Network Objects, Inc. is subject to approval of shareholders of XTGlobal Infotech Limited, further legal procedures and obtaining statutory approvals as may be required. Valuation Update With 7 Day Price Move • Dec 07
Market bids up stock over the past week After last week's 21% share price gain to ₹30.25, the stock is trading at a trailing P/E ratio of 65x, up from the previous P/E ratio of 53.8x. This compares to an average P/E of 77x in the Healthcare Services industry in Asia. Total returns to shareholders over the past three years are 2,001%. Is New 90 Day High Low • Dec 07
New 90-day high: ₹30.25 The company is up 18% from its price of ₹25.60 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Healthcare Services industry, which is up 19% over the same period. Tillkännagivande • Nov 07
XTGlobal Infotech Limited Appoints Saibaba Karuturi as an Additional, Independent Non-Executive Director on the Board XTGlobal Infotech Limited in its board meeting held on November 6, 2020 has appointed Mr. Saibaba Karuturi, as an Additional, Independent Non-Executive Director on the Board of the Company. Reported Earnings • Nov 07
Second quarter 2021 earnings released: EPS ₹0.15 The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ₹431.7m (up ₹420.4m from 2Q 2020). Net income: ₹17.4m (up ₹14.7m from 2Q 2020). Profit margin: 4.0% (down from 24% in 2Q 2020). The decrease in margin was driven by higher expenses. Tillkännagivande • Nov 07
XTGlobal Infotech Limited to Report Q2, 2021 Results on Nov 06, 2020 XTGlobal Infotech Limited announced that they will report Q2, 2021 results on Nov 06, 2020 Is New 90 Day High Low • Oct 07
New 90-day high: ₹26.65 The company is up 92% from its price of ₹13.89 on 09 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Healthcare Services industry, which is up 2.0% over the same period. 
