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Expleo Solutions Limited

Expleo Solutions Limited

EXPLEOSOL.BO
Expleo Solutions LimitedIN flagBombay Stock Exchange
817.60
INR
+0.15
- -
12.69BMarket Cap
Expleo Solutions Limited
EXPLEOSOL.BO
(Bombay Stock Exchange)

Recent

price

817.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
82.5
120.82
160.4
191.18
206.34
249.48
243.61
253.64
263.95
259.99
293.48
724.22
582.03
621.71
660.28
713.94
713.94
Revenue per Share
1.86
11.32
19.32
29.53
20.86
34.85
22.32
29.9
33.79
38.51
49.2
66.01
86.27
58.27
66.52
79.89
79.89
Basic EPS, GAAP
-14.62
1.05
-6.61
20.84
29.51
51.52
33.01
22.19
35.63
13.87
60.43
-1.16
-13.6
34.71
110.5
75.07
- -
Free Cash Flow per Basic Share
1
3
5.99
7.99
7.98
23.96
23.99
23.99
20
- -
- -
- -
- -
5
50
- -
- -
Dividend per Share
51.82
56.42
67.12
82.99
71.35
96.83
86.95
85.13
91.62
122.56
172.31
476.7
402.33
454.56
470.44
10
10
Book Value per Share
65.92
72.25
85.73
104.16
96.1
124.91
117.28
119.26
129.42
146.85
196.89
382.39
324.42
377.62
402.09
499.91
499.91
Tangible Book Value per Share
10
10
10
10
10
11
11
11
11
10
10
10
16
16
16
16
16
Basic Weighted Avg Shares
829
1,214
1,614
1,944
2,142
2,642
2,599
2,712
2,828
2,694
3,009
7,425
9,033
9,649
10,248
11,080
11,080
Sales/Revenue/Turnover
0.76
9.61
15.84
18.18
14.92
18.94
18.04
14.94
19.1
17.62
21.46
14.2
19.19
11.91
12.52
12.78
17.61
Operating Margin (%)
28
37
46
57
52
41
52
56
55
58
58
188
279
337
393
283
283
Depreciation Expense
19
114
194
300
216
369
238
320
362
399
504
677
1,339
904
1,032
1,240
1,240
Net Income, GAAP
41.57
38.5
26.58
28.88
32.43
34.35
35.69
33.27
32.42
26.18
26.26
38.53
28.06
24.37
25.85
23.73
23.73
Effective Tax Rate (%)
2.26
9.37
12.04
15.45
10.11
13.97
9.16
11.79
12.8
14.81
16.76
9.11
14.82
9.37
10.07
11.19
11.19
Profit Margin (%)
528
636
663
867
820
1,029
945
1,007
1,103
1,240
1,710
2,739
3,851
4,941
4,187
5,831
5,831
Working Capital
- -
- -
114
96
73
- -
- -
- -
- -
65
51
110
223
210
221
51
51
LT Debt
700
755
882
1,082
1,018
1,345
1,271
1,286
1,388
1,522
2,019
3,946
5,302
6,112
6,358
7,763
7,763
Total Equity
0.52
9.76
21.44
23.12
18.83
25.68
21.6
19.13
25
22.6
24.65
20.04
24.65
14.09
14.32
14.66
20.2
Return on Invested Capital (%)
3.62
20.91
28.65
36.2
25.47
39.7
24.51
35
38.32
34.87
32.15
19.93
23.48
13.37
14.17
32.09
32.09
Return on Capital (%)
3.62
20.91
31.29
39.53
27.32
41.79
24.39
34.79
38.27
35.44
33.22
20.34
24.06
13.6
14.38
33.25
33.25
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
69
- -
28
LT Borrowings
- -
- -
- -
LT Finance Leases
133
- -
51
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
- -
16
Market Capitalization
15,246
15,018
10,064

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
6,547
- -
7,112
Cash, Cash Equivalents & STI
3,665
- -
4,509
Accounts Receivable, Net
2,489
- -
2,296
Inventories
- -
- -
- -
Total Current Liabilities
1,801
- -
1,281
Payables & Accruals
- -
- -
- -
ST Debt
69
- -
28
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.71%
34.25%
22.09%
Free Cash Flow
166.07%
279.82%
-32.07%
Net Income, GAAP
18.25%
26.76%
20.09%
Sales/Revenue/Turnover
20.35%
37.92%
8.12%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,251
2,341
2,502
2,554
9,649
2025
2,522
2,593
2,576
2,558
10,248
2026
2,596
2,827
2,793
2,863
11,080

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13.01
13.22
21.93
- -
58.27
2025
15.4
22.86
12.75
15.51
66.52
2026
13.16
25.62
14.26
26.85
79.89

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5
2025
- -
- -
- -
- -
50
2026
- -
- -
- -
- -
- -
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Business
Expleo Solutions Limited, a subsidiary of Expleo Technology Germany GmbH, provides software validation and verification services primarily to the banking, financial services, and insurance (BFSI) industries worldwide; it offers quality engineering, quality management, software testing, DevOps, test automation, process automation, digital transformation, product and process engineering, computer programming, consultancy, customer support, maintenance, big data development, testing and administration, functional testing, non-functional testing, compliance testing, UX/CX testing, mobile testing, managed testing services, AI engineering, cybersecurity, and data science solutions. The company operates through subsidiaries in the USA, UK, UAE, Singapore, and Saudi Arabia (following its February 2025 investment of SAR 939,000 to make Expleo Solutions Arabia Limited a wholly owned subsidiary), branches in the Philippines and Belgium, and global delivery centers in Mumbai and Coimbatore, India, serving clients across APAC, Europe, the Middle East, and North America with a focus on sectors including aerospace, automotive, defense, energy, retail, healthcare, and manufacturing. Founded in 1998 and headquartered in Chennai, Tamil Nadu, India (ticker: EXPLEOSOL.BO), Expleo Solutions underwent a name change to its current form in 2019 from prior iterations including SQS India; recent developments include the May 2022 acquisition of Lucid Technologies & Solutions to bolster data governance, privacy, protection, and augmented analytics capabilities, the June 2025 approval to incorporate a new wholly owned subsidiary in GIFT City, Gujarat, for financial services, and the launch of the expleo.ai platform with ongoing revenue generation amid investments in AI, alongside evaluations of two complementary acquisitions as of mid-2025.