Xerox India Limited Unlisted Shares
vs. prev. close ₹221
52W High
₹222
52W Low
₹218
Market cap
₹995 Cr
IPO stage
No DRHP filed
Risk level
Moderate
CIN
U72200HR1995PLC049183
Price History
52W High
₹222
52W Low
₹218
About Xerox India Limited Unlisted Shares
Xerox India Limited, the 30-year-old Indian distributor of Xerox print and document technology across India and five South Asian markets, saw FY26 revenue decline 9.43% to Rs 409.12 crore and PAT dip 3.24% to Rs 17.69 crore, with EPS of Rs 3.95 and ROE improving to 9.05%, after paying out a Rs 20 per share dividend during the year.
The Short Version :
Xerox India Limited (XIL), incorporated in 1995 and marking its 30th Annual Report, distributes and services Xerox's print and document technology, including managed print services, across India and five South Asian markets (Bangladesh, Sri Lanka, Nepal, Maldives, Bhutan). FY26 revenue from operations fell 9.43% to Rs 409.12 crore from Rs 451.73 crore, with PAT down 3.24% to Rs 17.69 crore from Rs 18.29 crore. EPS came in at Rs 3.95 versus Rs 4.08 a year earlier, while ROE rose to 9.05% from 6.85% and Book Value per Share fell to Rs 43.64 from Rs 59.54, after a large dividend payout during the year.
Why It Trades Where It Does :
XIL reads as a mature, cash-generative distribution business rather than a growth story: both revenue and PAT declined in FY26, yet ROE improved to 9.05% from 6.85% as the company paid out a Rs 20 per share interim dividend (Rs 89.62 crore, relating to FY25 earnings) during the year, shrinking the equity base faster than profit fell. Book Value per Share fell correspondingly, from Rs 59.54 to Rs 43.64. With no subsidiaries, joint ventures, or associates, the standalone balance sheet is the whole business, nothing is consolidated in or out. The case here rests on consistent profitability and dividend capacity, not on topline expansion.
Top Risks :
Revenue from operations declined 9.43% in FY26, reflecting pressure on legacy print and document volumes as the market shifts toward digital.
A 2022 board-approved capital reduction (targeting about 15 lakh public shares) remains unexecuted, an open corporate action that could still affect the share count.
No subsidiaries or diversified business lines to offset a further decline in the core print/document category.
Top Opportunities :
ROE improved to 9.05% from 6.85% even as revenue fell, pointing to disciplined cost control alongside the topline pressure.
A consistent large-dividend track record (Rs 20/share paid in FY26) signals management's willingness to return surplus cash to shareholders.
Regional footprint spanning India and five South Asian markets gives it geographic diversification most India-only peers lack.
Disclaimer :
Priveq.in is an informational platform for unlisted and pre-IPO shares, operated by Priveq Investech Private Limited (the named counterparty on transactions). Unlisted shares carry risks including illiquidity, valuation uncertainty, and limited regulatory disclosure. This page is informational only and does not constitute investment advice.
Company Details
Industry
Information Technology
Founded
1983
Headquarters
Gurugram, Haryana
Min Lot Size
1
Face Value
₹10.00
Total Shares
44808000
Regulatory Information
Corporate Identity Number (CIN)
U72200HR1995PLC049183
PAN Number
AAACM8634R
ISIN
INE034E01013
Key Valuation Ratios
Valuation
Market Cap
₹994.74 Cr
P/E Ratio
56.23×
P/S Ratio
2.43×
P/B Ratio
5.09×
EV / EBITDA
34.25×
Returns & Per Share
ROE
9.05%
EPS
₹3.95
Book Value / Share
₹43.64
Solvency
Debt / Equity
—
Interest Coverage
77.79×
Company Fundamentals
As of FY2026 Annual · updated 07 Sept 2026Gross Profit
₹124.47 Cr
EBITDA
₹26.82 Cr
Revenue Growth
-9.43%
Profit Margin
4.32%
Performance Trends
4 annual periods · derived from filed statements
Revenue
₹ Cr
Net Profit
₹ Cr · losses in red
Earnings Per Share
₹ per share
Return on Equity
ROE %
Return on Capital Employed
ROCE %
EBITDA Margin
6.56%
Interest Coverage
77.79×
Financial Statements
| Line item | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|
| Total Income | ||||
| Revenue from operationsDisclosed | 435.39₹ Crore | 439.64₹ Crore | 451.73₹ Crore | 409.12₹ Crore |
| Other incomeDisclosed | 10.07₹ Crore | 7.62₹ Crore | 10.7₹ Crore | 17.16₹ Crore |
| Total IncomeDerived | 445.46₹ Crore | 447.26₹ Crore | 462.43₹ Crore | 426.28₹ Crore |
| Expenses | ||||
| Cost of goods soldDisclosed | 341.78₹ Crore | 326.16₹ Crore | 332.47₹ Crore | 284.65₹ Crore |
| Changes in inventoriesDisclosed | -27.38₹ Crore | -15.6₹ Crore | 1.65₹ Crore | 13.75₹ Crore |
| Employee benefits expenseDisclosed | 56.17₹ Crore | 62.63₹ Crore | 55.59₹ Crore | 52.58₹ Crore |
| Finance costsDisclosed | 66₹ Lakh | 33₹ Lakh | 33₹ Lakh | 29₹ Lakh |
| Depreciation and amortization expenseDisclosed | 10.91₹ Crore | 7.04₹ Crore | 4.61₹ Crore | 4.26₹ Crore |
| Other expensesDisclosed | 41.36₹ Crore | 41.97₹ Crore | 44.53₹ Crore | 43.37₹ Crore |
| Total ExpensesDerived | 423.5₹ Crore | 422.53₹ Crore | 439.18₹ Crore | 398.9₹ Crore |
| Profit | ||||
| Exceptional itemsDisclosed | — | — | — | -5.11₹ Crore |
| Profit before taxDerived | 21.96₹ Crore | 24.73₹ Crore | 23.25₹ Crore | 22.27₹ Crore |
| Current tax expenseDisclosed | 5.75₹ Crore | 3.47₹ Crore | 6.98₹ Crore | 5.08₹ Crore |
| Deferred tax expenseDisclosed | 11₹ Lakh | 2.6₹ Crore | -2.07₹ Crore | -34₹ Lakh |
| Tax expenseDisclosed | 9.01₹ Crore | 6.27₹ Crore | 4.96₹ Crore | 4.58₹ Crore |
| Profit After TaxDerived | 12.95₹ Crore | 18.46₹ Crore | 18.29₹ Crore | 17.69₹ Crore |
| Other comprehensive incomeDisclosed | -2.6₹ Crore | -2₹ Lakh | 0₹ Crore | 67₹ Lakh |
| Total Comprehensive IncomeDerived | 10.35₹ Crore | 18.44₹ Crore | 18.29₹ Crore | 18.36₹ Crore |
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Current Price
₹222Secure & Verified Transaction
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About Xerox India Limited Unlisted Shares unlisted shares
Indicative · updated dailyXerox India Limited unlisted share price today
Xerox India Limited unlisted share price today is ₹222 as of 23 October 2026.
Xerox India Limited Unlisted Shares — frequently asked questions
- What is the grey market price for Xerox India Limited?
No IPO is currently announced for Xerox India Limited, so no grey market exists; the price above reflects Priveq's own desk valuation.
- Has Xerox India Limited filed for an IPO, and when might it list?
Xerox India Limited has not filed a draft red herring prospectus, so no IPO is currently announced and no listing date has been set.
- How does Xerox India Limited compare to its listed peers?
There is no closely comparable listed company for Xerox India Limited in India today.
- Is Xerox India Limited on the SME or Mainboard IPO track?
Xerox India Limited has not filed a draft red herring prospectus, so no IPO track is set yet.
- What is Xerox India Limited's CIN and registered office?
Xerox India Limited's Corporate Identity Number is U72200HR1995PLC049183, registered at Gurugram, Haryana .
- What is Xerox India Limited's market capitalisation?
Xerox India Limited's market capitalisation is approximately ₹995 crore, based on its current unlisted share price.
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All Information Technology →Buying, selling and holding unlisted shares
Applies to every company on Priveq- How do I buy Xerox India Limited unlisted shares?
Priveq Investech Private Limited is the named counterparty on every transaction. To buy Xerox India Limited unlisted shares: complete KYC once (PAN, Aadhaar, bank details, and demat account information — SEBI-compliant, typically approved within 24 hours), then submit your order through your Priveq dashboard specifying quantity. Our team confirms price and payment details with you directly. Once payment is confirmed, Xerox India Limited shares are transferred off-market straight to your demat account, with no pooling and no middlemen.
- How do I sell Xerox India Limited unlisted shares?
Submit an Express Sell Interest for Xerox India Limited through your Priveq dashboard, specifying quantity, the same way a buy order is placed. Priveq quotes you a bid price, which may differ from the live Buy price shown to buyers, since unlisted-share pricing works on a bid-ask basis rather than a single quote. Once you accept, you'll need to provide your Client Master List (CML), a cancelled cheque or bank details, and PAN. If you hold shares with CDSL, transfer can also be completed digitally via CDSL Easiest. You transfer Xerox India Limited shares to Priveq first, and payment follows once the transfer is confirmed received, typically the same day, T+1, or occasionally T+2, communicated to you directly. For sizeable transactions worth crores of rupees, an escrow arrangement can be used instead, at the sole consent of both parties.
- What is the minimum investment for Xerox India Limited unlisted shares?
Minimum investment varies by company and is shown as the Min Investment figure on this page. Xerox India Limited's minimum is ₹222.
- Is there a maximum investment limit?
There's no fixed maximum investment limit for Xerox India Limited unlisted shares. For sizeable transactions worth crores of rupees, an escrow arrangement can be used at the sole consent of both parties, the same mechanism available on the sell side.
- Is buying Xerox India Limited unlisted shares legal in India?
Yes. Buying and selling unlisted shares in India is legal and is subject to relevant SEBI regulations, including the mandatory lock-in period after listing, stamp duty, and depository participant charges on each transaction. Priveq's own KYC process is built to be SEBI-compliant.
- What is the lock-in period for Xerox India Limited unlisted shares?
Xerox India Limited has not filed a DRHP yet, so no listing date or lock-in period applies at this stage. Once an IPO is filed, this answer updates to reflect the applicable SME or Mainboard lock-in.
- What happens if Xerox India Limited's IPO is delayed or withdrawn?
If an IPO is delayed, shares remain unlisted and continue to trade on the desk at Priveq's indicative price, with no lock-in in effect until an actual listing happens. If a company formally withdraws its DRHP, the same applies: shares stay unlisted, with no lock-in period until and unless a fresh IPO process begins.
- How are capital gains on Xerox India Limited unlisted shares taxed?
If you sell unlisted shares, including Xerox India Limited, within 24 months of purchase, the gain is taxed as short-term capital gain at your applicable income tax slab rate. Beyond 24 months, it is taxed as long-term capital gain at 12.5 percent, without indexation benefit, under the rules effective from 23 July 2024. If Xerox India Limited lists and you sell after listing, the applicable tax treatment shifts to listed-security rates, with the holding period still measured from your original unlisted purchase date. This is general information, not tax advice; investors should confirm their specific position with a tax advisor.
- Can NRIs invest in Xerox India Limited unlisted shares?
Yes, on a non-repatriable basis. NRIs can invest using funds from an NRO account; sale proceeds stay within India unless repatriated separately under RBI's own limits. Priveq does not currently support repatriable investment (NRE/FCNR-funded), which would require the investee company to file additional RBI paperwork as foreign direct investment.
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- How does Priveq determine the desk price for Xerox India Limited?
Priveq's desk price reflects several inputs together, not a single formula: the seller's ask price at the time, current demand and supply on the platform for Xerox India Limited specifically, broader sentiment in the unlisted and pre-IPO market, how Xerox India Limited's sector and listed peers are trading, the company's own recent financial performance and IPO-stage developments, and recent transaction history where deals have actually closed.
Because unlisted shares trade over the counter rather than on an exchange, this price is indicative, not a continuously live quoted market price, and the actual deal price is confirmed with you directly before a transaction closes.
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Priveq is not a SEBI-registered stock exchange and not a SEBI-registered investment adviser. Priveq Investech Private Limited operates Priveq.in as a research and information platform for unlisted and pre-IPO shares, and is the named counterparty on transactions executed through the platform. Nothing on this page is investment advice; it's information to help you evaluate a company and decide for yourself.
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Yes. Priveq isn't a stock exchange with membership restrictions, and investing isn't limited to HNIs. Depending on the company, entry points can start as low as ₹20,000, though the minimum for any specific company is shown as the Min Investment figure on its page.
- What documents do I receive after buying unlisted shares?
You receive an email acknowledging and confirming your order, along with a deal note or invoice recording the transaction details.
- What happens to my shares or money if a deal falls through?
Because Priveq is the direct counterparty on every transaction rather than just connecting a buyer and seller, this risk sits with Priveq, not with you. If a deal falls through after you've committed funds or shares, they remain safe, and Priveq guarantees a refund.