Company Overview

Xelpmoc Design and Tech Ltd, incorporated on September 16, 2015, and converted to a public limited company on July 20, 2018, is a prominent player in India's technology consulting landscape. The company specializes in providing professional and technical consulting services in product development, data science, and analytics, positioning itself at the forefront of digital transformation.

The company excels in developing next-generation Artificial Intelligence (AI) and Machine Learning (ML) technologies, with expertise in Natural Language Processing (NLP) and Data Analytics. Xelpmoc acts as a Technology Partner and Consultant, collaborating with a diverse range of clients including governments, businesses, individuals, and startups, assisting them in optimizing their data. This broad client approach has established a robust foundation for the company in the rapidly evolving technology sector.

Core Products and Services

Xelpmoc's product portfolio features innovative tools such as:

- X-Pand: An intelligence tool that integrates internal sales and customer data with relevant external data.

- X-Tact: A tool designed to help candidates identify issues and refine communication strategies.

- Claire.ai: A solution for extracting information, identifying key insights, performing large-scale text analysis, and integrating outputs into communication platforms.

In addition to these products, Xelpmoc provides comprehensive technology services and solutions to public and private sector clients across industries like e-commerce, hospitality, healthcare, and education. Their consulting services are built on an intricate focus on AI and ML, combined with NLP and Data Analytics, catering to product development and data science needs for corporates and startups. Since commencing operations in Bengaluru in 2015, the company has expanded its reach across four Indian states, with business operations segmented into technology services and technology solutions/products.

Market Presence and Client Base

As of September 30, 2023, Xelpmoc Design & Tech Ltd had approximately 14 investee companies and served around 61 clients. This client base has since grown to 63 clients, demonstrating consistent expansion in market reach. The company has strategically shifted its focus from startups to the corporate segment, a move expected to stabilize revenue streams and reflect a more mature business sustainability approach.

The company's journey includes its first agreement for services with a government organization in October 2017. It successfully launched its Initial Public Offering (IPO) in January 2019, raising ₹23 crores by issuing 35,01,442 equity shares. Further strategic expansions include acquiring 100% equity shares of Signal Analytics Private Limited as a wholly owned subsidiary in 2020-21, and establishing Xelpmoc Design and Tech UK Limited, a wholly owned foreign subsidiary, in 2022 for international market penetration.

Financial Performance and Market Metrics

The market capitalization of Xelpmoc Design & Tech Ltd stood at ₹134.36 Crores as of July 24, 2025. The stock has experienced significant volatility, with a 52-week high of ₹173.30 and a low of ₹80.21.

Recent financial performance indicates a mixed trend. Quarter-on-quarter revenue saw an increase from ₹7.3 million in Q1 FY25 to ₹16.3 million in Q2 FY25. However, year-on-year revenue decreased from ₹21.1 million in Q2 FY24 to ₹16.3 million in Q2 FY25. This decline is attributed to the strategic transition from serving startups to focusing on corporates and the discontinuation of certain government projects. Operating EBITDA losses have reduced considerably, decreasing from ₹36.6 million in Q2 FY24 to ₹10.2 million in Q2 FY25, showcasing an improvement in operational efficiency.

Key Financial Metrics & Performance Highlights:

- Revenue: Reported at ₹3.90 crores with a net loss of ₹8.08 crores for a period (specific period needs clarification).

- Net Loss (Q2 FY25): ₹1.17 crores in Q2 FY25 (September 2024), an improvement from ₹4.43 crores in Q2 FY24. Sales declined by 22.75% to ₹1.63 crores in Q2 FY25.

- Net Profit (Q3 2024-2025): Reported a significant decline of 421.88% year-over-year, resulting in a net loss of ₹-2.06 crores.

Shareholding Pattern and Corporate Governance

As of March 2025, promoter holding constituted 52.19% of the company's stake, with no pledged shares. This reflects a slight decrease from 53.17% in June 2024, indicating minor dilution but maintaining majority control.

- Promoter Holding: 52.19% (as of March 2025)

- Auditor: JHS & Associates LLP

- Key Personnel: Tushar Trivedi (Chairman), Vaishali Kondbhar (Company Secretary)

Strategic Initiatives and Future Outlook

Xelpmoc has optimized its team size to 49 employees, interns, and consultants, down from 63 in Q1 FY25, emphasizing a focus on operational efficiency. The company's investment portfolio value has grown to approximately ₹572.8 million as of September 30, 2024, compared to ₹533.9 million in the previous year.

The company is currently selective in onboarding new startups, preferring those that present exceptional opportunities, indicating a cautious yet strategic approach to growth. While revenue from licensing and other services has increased, Xelpmoc acknowledges that establishing a reliable revenue forecast will take a few more quarters. The company is concentrating on maximizing current opportunities and expanding its customer base.

Xelpmoc Design & Tech Ltd operates within the Information Technology (IT) Services & Consulting sub-sector. It is strategically positioned to leverage India's expanding digital economy and the increasing demand for AI-powered solutions across diverse industries.