Xtglobal Infotech Ltd (formerly Frontier Informatics Limited), incorporated in 1986, is a veteran in Software Development in India. As a CMMI-Dev Level 3 (v2.0) appraised and ISO 27001 certified organization, XTGIL provides comprehensive IT, BPO, and consulting services. The company is publicly traded on both the NSE (XTGLOBAL) and BSE (531225), establishing its significant presence in India's technology services sector.
Founded by a team of highly qualified professionals with extensive experience in complex software projects globally, XTGLOBAL offers end-to-end development services including cloud migration, low-code app development, robotic process automation, and advanced data analytics. Its client base spans across various geographies, showcasing its global reach and technical acumen.
The market capitalization of Xtglobal Infotech Ltd (XTGLOBAL) stood at ₹461.72 Cr as of June 6, 2025. For FY25, the company presented mixed financial results, with revenue growth accompanied by a decline in profitability.
Quarterly Performance (Q4 FY25 vs. Q4 FY24):
- Sales: Increased by 72.65% to ₹87.05 crore in Q4 FY25, up from ₹50.42 crore in Q4 FY24.
- Net Profit: Declined by 33.71% to ₹0.59 crore in Q4 FY25, compared to ₹0.89 crore in Q4 FY24.
Annual Performance (FY25 vs. FY24):
- Sales: Grew by 7.83% to ₹234.14 crore in FY25, from ₹217.13 crore in FY24.
- Net Profit: Decreased by 21.59% to ₹9.15 crore in FY25, down from ₹11.67 crore in FY24.
The company operates within the Information Technology sector and the IT Services & Consulting sub-sector. XTGLOBAL has demonstrated a remarkable growth trajectory, with revenue growing at a yearly rate of 249.94% over the last 5 years, significantly outperforming the industry average of 11.48%. Similarly, its net income has grown at an impressive yearly rate of 229.66% over the same period, compared to the industry average of 9.27%.
- Market Capitalization: ₹461.72 Cr (as of June 6, 2025)
- 52-Week High: ₹56.70
- 52-Week Low: ₹28.65
- P/E Ratio: 50.41
- P/B Ratio: 2.74
- Revenue Growth (5-Year Avg): 249.94% (vs. Industry Avg: 11.48%)
- Net Income Growth (5-Year Avg): 229.66% (vs. Industry Avg: 9.27%)
- Q4 FY25 Sales: ₹87.05 Cr
- Q4 FY25 Net Profit: ₹0.59 Cr
- FY25 Sales: ₹234.14 Cr
- FY25 Net Profit: ₹9.15 Cr
XTGlobal Infotech operates through multiple specialized service verticals designed to meet diverse client needs.
- Oracle Solutions: This comprehensive suite includes Oracle Cloud, Oracle On-Premises, Oracle Services, Oracle Value Models, Oracle Integrations, and Oracle Analytics, positioning the company as a specialized partner for Oracle technology users.
- Software Services: This division covers Application Transformation Management, Cloud and Infrastructure, Digital Business Services, Quality Assurance, Robotic Process Automation, and Product Engineering.
- Automation Solutions: Focused on helping clients automate business processes, this segment includes Robotic Process Automation, Automation by Functions, and Automation by Industries.
The company's current engagements include on-site Consultancy Services, Offshore Software Development, Product Development, and Internet-enabled Services, offering a full spectrum of IT solutions.
XTGLOBAL has implemented several strategic initiatives to bolster its market standing:
- Rebranding: In 2017, the company rebranded its AP Automation and BPO services as 'Circulus'.
- Acquisition: In 2021-22, XTGLOBAL acquired a 44.33% stake in Network Objects Inc. (USA), making it an Associate Company.
- Merger: Xenosoft Technologies (India) Private Limited, a Wholly Owned Subsidiary, was merged with the Company on October 14, 2021.
These strategic moves underline the company's commitment to expanding its capabilities and geographical footprint, particularly in the US market via the Network Objects acquisition.
XTGlobal Infotech has built a strong reputation for delivering high-quality solutions to a distinguished clientele. Its global and domestic clients include prominent organizations such as:
- Cumberland Farms (USA)
- Liberty Mutual Insurance (USA)
- Lombard Odier and Cie
- San Jose Mercury News (USA)
- Honda Motors (Japan)
- Wright Express (USA)
This impressive client roster highlights the company's ability to serve large, established organizations across various industries and regions.
The company boasts a highly qualified IT workforce with degrees from top Indian educational institutions and expertise in software development. Project teams utilize advanced tools like Rational Tools for design, development, testing, and documentation. XTGLOBAL was the second company in Andhra Pradesh to achieve ISO 9001 certification from BVQI UK and is listed on the Bombay Stock Exchange. Its commitment to operational excellence is further evidenced by its CMMI Level 3 certification and ISO 27001 compliance, ensuring adherence to international quality and security standards essential for serving enterprise clients.
