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Expleo Solutions Limited (EXPLEOSOL) AI Stock Analysis

IN:EXPLEOSOL

Expleo Solutions Limited

(NSE:EXPLEOSOL)

Select Model
Rating:81Outperform
Price Target:INR 929.00â–²(15.48% Upside)
Action:reiterated
Date:08/18/26

The overall score reflects a combination of strong financial health and attractive valuation, supported by revenue and profit growth, a virtually debt‑free balance sheet, and robust free cash flow. The low P/E and high dividend yield further enhance the investment case, indicating the market is not pricing the stock aggressively relative to its cash generation and profitability. Technicals show a sustained uptrend but also highlight stretched momentum, with the high RSI signaling increased short‑term downside risk after recent gains.

Positive Factors
Steady growth and profitabilityConsistent revenue expansion alongside solid net and EBIT margins indicates durable demand for Expleo’s engineering, testing, digital, and consulting services. This combination supports continued reinvestment and provides a foundation for sustained earnings generation over the coming quarters.
Negative Factors
Margin volatilityUneven margins indicate that Expleo’s profitability remains sensitive to cost structure and project mix. Even with healthy current margins, further variability could make earnings less predictable and limit the extent to which revenue growth translates into durable operating profit over the next several quarters.

Expleo Solutions Limited (EXPLEOSOL) vs. iShares MSCI India ETF (INDA)

-40%-30%-20%-10%0%10%20%IN:EXPLEOSOL-9.02%INDA-12.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
INR 12.40B
Dividend Yield
13.66%
Average Volume (3M)
7,560
Price to Earnings (P/E)
9.5
Beta (1Y)
0.96
Revenue Growth
10.42%
EPS Growth
38.06%
Country
India
Employees
3,968
Sector
General
Sector Strength
55
Industry
Information Technology Services

Expleo Solutions Limited Business Overview & Revenue Model

Company Description

Expleo Solutions Limited, encompassing its various subsidiaries, specializes in providing global software validation and verification services, primarily catering to the banking, financial services, and insurance industries. The company's comprehensi...

How the Company Makes Money

Expleo Solutions Limited primarily makes money by delivering professional services to client organizations under commercial contracts. Key revenue streams typically include: (1) Engineering and product development services (e.g., design, development...

Expleo Solutions Limited Financial Statement Overview

Summary

Financials are strong, with mid‑single‑digit revenue growth, rising net income, very low debt, solid ROE, and robust free cash flow, offset by some margin compression and less consistent operating cash flow.

Income Statement

76Positive

Balance Sheet

88Very Positive

Cash Flow

81Very Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue10.94B11.08B10.25B9.65B9.03B7.43B
Gross Profit3.76B3.75B4.09B1.92B3.54B3.73B
EBITDA1.91B1.93B1.82B1.56B2.15B1.30B
Net Income1.32B1.24B1.03B904.39M1.34B676.78M
Balance Sheet
Total Assets09.29B8.31B7.65B7.30B5.94B
Cash, Cash Equivalents and Short-Term Investments3.55B3.76B2.95B1.96B1.53B1.76B
Total Debt078.52M297.98M260.56M262.58M147.09M
Total Liabilities-7.76B1.53B1.95B1.54B2.00B1.99B
Stockholders Equity7.76B7.76B6.36B6.11B5.30B3.95B
Cash Flow
Free Cash Flow01.27B1.72B517.31M-211.14M-11.93M
Operating Cash Flow01.30B1.79B692.14M230.81M242.35M
Investing Cash Flow0212.85M-531.60M-291.89M-359.88M41.67M
Financing Cash Flow0-94.55M-870.97M-152.01M-65.71M-103.64M

Expleo Solutions Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price804.50

Price Trends

50DMA867.58Negative
100DMA807.41Negative
200DMA769.51Positive

Market Momentum

MACD-16.23Positive
RSI37.46Neutral
STOCH11.37Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EXPLEOSOL, the sentiment is Negative. The current price of 804.50 is below the 20-day moving average (MA) of 849.50, below the 50-day MA of 867.58, and above the 200-day MA of 769.51, indicating a neutral trend. The MACD of -16.23 indicates Positive momentum. The RSI at 37.46 is Neutral, neither overbought nor oversold. The STOCH value of 11.37 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:EXPLEOSOL.

Expleo Solutions Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:EXPLEOSOL against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:PERSISTENTIN:PERSISTENT81OutperformINR 1.00T52.58―0.30%27.10%7.08%
IN:EXPLEOSOLIN:EXPLEOSOL81OutperformINR 12.49B9.48―13.66%10.42%38.06%
IN:LTTSIN:LTTS80OutperformINR 454.01B29.48―1.40%2.45%20.32%
IN:KPITTECHIN:KPITTECH63NeutralINR 145.57B27.02―1.42%9.16%-31.00%
IN:TATATECHIN:TATATECH61NeutralINR 262.70B46.69―1.29%21.87%-18.85%
IN:SASKENIN:SASKEN56NeutralINR 26.07B30.96―1.46%51.46%113.40%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%

* General Sector Average

Performance Comparison

-50%0%50%IN:EXPLEOSOLIN:KPITTECHIN:LTTSIN:PERSISTENTIN:SASKENIN:TATATECHDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
IN:EXPLEOSOL and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:EXPLEOSOLExpleo Solutions Limited804.50-81.88-9.24%
IN:KPITTECHKPIT Technologies Limited531.00-621.49-53.93%
IN:LTTSL&T Technology Services Ltd.4279.25226.895.60%
IN:PERSISTENTPersistent Systems Limited6045.00159.642.71%
IN:SASKENSasken Technologies Ltd1715.95367.5127.25%
IN:TATATECHTata Technologies Limited646.95-38.77-5.65%

Expleo Solutions Limited Corporate Events

Expleo Solutions Publishes Q1 FY2026 Unaudited Results in Newspapers

Aug 15, 2026

Expleo Solutions Limited has notified the stock exchanges that it has published newspaper advertisements detailing its unaudited financial results for the quarter ended June 30, 2026, in Financial Express (All India Edition) and the Tamil daily Makka...

Expleo Solutions Q1FY27 income rises 12% amid focus on AI and efficiency

Aug 14, 2026

Expleo Solutions Limited reported a 12% year-on-year rise in total income to Rs 2,985 million for the first quarter of FY27 ended June 30, 2026, with income from operations increasing 1.8% on a sequential basis despite challenging market conditions....

Expleo Solutions Files Q1 FY27 Earnings Presentation With Indian Exchanges

Aug 14, 2026

Expleo Solutions Limited has submitted its earnings presentation for the quarter ended June 30, 2026, to the BSE and National Stock Exchange of India, where its shares are listed. The company has also made this Q1 FY27 presentation available on its i...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 18, 2026