Why is XPRO India Ltd ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.40 times
2
Poor long term growth as Net Sales has grown by an annual rate of 6.25% and Operating profit at -7.29% over the last 5 years
3
The company has declared positive results in Mar'2026 after 6 consecutive negative quarters
- OPERATING PROFIT TO INTEREST(Q) Highest at 7.51 times
- PBDIT(Q) Highest at Rs 16.22 cr.
- OPERATING PROFIT TO NET SALES(Q) Highest at 12.07%
4
Technical trend is Sideways signifying no clear price momentum
- The technical trend has improved from Sideways on 21-May-26 and has generated 0.64% returns since then
5
With ROE of 2.5, it has a Very Expensive valuation with a 3.6 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -8.45%, its profits have fallen by -49.4%
6
Falling Participation by Institutional Investors
- Institutional investors have decreased their stake by -0.98% over the previous quarter and collectively hold 16.81% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
How much should you hold?
- Overall Portfolio exposure to XPRO India should be less than 10%
- Overall Portfolio exposure to Packaging should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Packaging)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is XPRO India for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
XPRO India
-5.35%
-0.19
45.30%
Sensex
-1.65%
-0.49
12.94%
Quality key factors
Factor
Value
Sales Growth (5y)
4.07%
EBIT Growth (5y)
-3.36%
EBIT to Interest (avg)
6.61
Debt to EBITDA (avg)
3.54
Net Debt to Equity (avg)
0.03
Sales to Capital Employed (avg)
1.23
Tax Ratio
28.43%
Dividend Payout Ratio
24.40%
Pledged Shares
0
Institutional Holding
16.78%
ROCE (avg)
16.43%
ROE (avg)
12.48%
Valuation Key Factors 
Factor
Value
P/E Ratio
77
Industry P/E
34
Price to Book Value
3.30
EV to EBIT
70.53
EV to EBITDA
50.64
EV to Capital Employed
3.23
EV to Sales
4.73
PEG Ratio
1.13
Dividend Yield
0.19%
ROCE (Latest)
2.51%
ROE (Latest)
2.53%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
Bullish
Technical Movement
21What is working for the Company
PBT LESS OI(Q)
At Rs 7.57 cr has Grown at 205.29%
PAT(Q)
At Rs 7.94 cr has Grown at 244.9%
DPR(Y)
Highest at 24.40%
NET SALES(Q)
Highest at Rs 174.42 cr
-12What is not working for the Company
INVENTORY TURNOVER RATIO(HY)
Lowest at 6.95 times
INTEREST(Q)
Highest at Rs 3.18 cr
NON-OPERATING INCOME(Q)
is 34.52 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for XPRO India
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 7.57 cr has Grown at 205.29%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 7.94 cr has Grown at 244.9%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Dividend Payout Ratio (DPR) - Annually
Highest at 24.40% and Grown
each year in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Net Sales - Quarterly
Highest at Rs 174.42 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 174.42 cr has Grown at 20.37%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for XPRO India
Interest - Quarterly
At Rs 3.18 cr has Grown at 47.22%
Quarter on Quarter (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Inventory Turnover Ratio- Half Yearly
Lowest at 6.95 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Interest - Quarterly
Highest at Rs 3.18 cr
in the last five quarters and Increased by 47.22 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Non Operating Income - Quarterly
is 34.52 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT