RATING

RECOMMENDATION

Strong Sell

  • ROFR Required
  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

  • Primary

  • Secondary

RATING

RECOMMENDATION

Strong Sell

Business Type

Traditional Business

RATING

RECOMMENDATION

Strong Sell

Business Type

Traditional Business

ISIN

INE034E01013

Face Value

₹10.00

Total Share

4,48,08,000

Total Income

₹363.32 Cr

Profit After Tax

₹7.52 Cr

Promoter Holding

96.66 %

EPS

₹1.68

P/E

136.90

P/B

4.77

Market Capitalisation

₹1,030.58 Cr

Enterprise Value

₹899.82 Cr

Book Value

₹48.24

Intrinsic Value

₹221.00

Earnings Yield

0.73 %

Sector

Materials

Sub-sector

Electronic Equipments

Category

Micro Cap

Cashflow - Operations

₹65.15 Cr

Cashflow - Financing

-₹1.50 Cr

Xerox India Growth

Compounded Sales Growth

  • 8.32%

    1 Year

  • -10.45%

    4 Year

  • -6.32%

    6 Year

Pro Only

Compounded Profit Growth

  • NA

    1 Year

  • -31.31%

    3 Year

  • -14.25%

    6 Year

Pro Only

Return On Equity

  • 3.48%

    2022

  • 7.10%

    2019

  • 25.12%

    2017

Pro Only

About Xerox India

  • Xerox India Limited is a subsidiary of Xerox Holdings Corporation. It provides document management solutions to government, education, commercial and other public sector customers. It offers printing and publishing systems; digital multifunction devices; digital copiers; laser and ink printers; fax machines; document-management software; and supplies, such as toner, paper, and ink.
  • The company also provides software and solutions that are used by businesses to print books, create personalized documents, and scan and route digital information. In addition, it offers document management services, such as operating in-house production centers, developing online document repositories, and analyzing how customers create and share documents in the office.
  • The company was formerly known as Xerox ModiCorp Ltd. and changed its name to Xerox India Limited in March 2005. The company was founded in 1983 and is based in Gurugram, India. Xerox India Limited operates as a subsidiary of Xerox Corporation.

  • Xerox India IPO Details

The company has no plan to public as of now.

  • Xerox India Merger & Acquisition

Acquisition

  • On 29 September 2017, Xerox Investments Europe B.V. acquired a 7% stake in Xerox India Limited from Modi Rubber Limited for approximately INR 250 Mn. Modi Rubber Limited sold 3.14 Mn shares at the price of INR 80 per share.
  • On 30 September 1999, Xerox Modicorp Ltd. announced that it has acquired public holdings of Modi Xerox Ltd. for INR 968.2 million (US $22.66 Mn). It has acquired 64,54,552 shares of Modi Xerox.
  • Xerox India Subsidiaries

  • The company does not have any subsidiary/ joint venture/ associate company.

Xerox India Business Model

  • The company operates in xerographic equipment, multi-function gadgets, laser printers, systems, consumables, paper, and after-sale services.
  • Xerox India Revenue Segmentation

  • Revenue generated from traded of Equipment
  • Revenue generated from traded of Components
  • Other Operating revenue
  • Revenue generated from traded of paper
  • Other Income
  • Revenue generated from services
  • Xerox India Product & Services

Products:

  • Desktop Printer
  • Office Printer
  • Scanners
  • Office Software

Services:

  • Intelligent Workplace Services: Through the use of its portfolio of analytics, cloud, digitization, and ConnectKey technologies, Intelligent Workplace Services (IWS), which goes beyond the traditional MPS offering, enables businesses to optimize their print infrastructure, secure their print environment, and automate related business processes.
  • Workplace Solutions: Four major pillars make up Workplace Solutions. The business offers entry-level and mid-range goods in the A3 and A4 categories that are built on the same technological, industrial, and product platforms. The firm provides a variety of customizable license choices for its products that may be scaled up as needed to fit the needs of any business. Depending on the needs of the customer, the firm offers both Workplace Suite and Workplace Cloud.
  • Production Solutions: Customers with large volume printing needs in graphic communications and production print environments are the target audience for production solutions.
  • Xerox India Assets

Assets as on March 2022:
Assets Amount in Lacs.
Leasehold land Rs.36
Buildings Rs.52
FurnitureRs.4
Office EquipmentRs.29
ComputersRs.70
  • Xerox India Industry Overview

Industry Statistics

Printer Industry:

  • The printing industry is the sector that deals with the production of printed materials. Digital printing systems are cutting-edge printing technology that prints electronic files created using computer software. Digital printing transfers pictures to different media surfaces such as paper, cloth, and ceramic utilizing digital formats such as PDF and JIP. The end-use manufacturer may expedite the digital printing technology's image design and production process.
  • According to Euromonitor, India has the fifth-highest printing industry turnover in the Asia Pacific. Since exports made up 5.4% of total manufacturing output in FY20, the printing sector is mostly dependent on growth in local demand. In terms of export share, India comes in third in the Asia Pacific area. In FY20, industry expenses dropped by 10.2%. Costs incurred in B2B transactions, which made up 73% of all industry spending in FY20, had a significant influence on the change. The industry's productivity fell over the year as a result of a 9.4% decrease in turnover per employee in Fy20, which outpaced the increase in labor costs.


Covid-19 Impact on Indian Printer Industry:

  • The COVID-19 pandemic is anticipated to have completely subsided by FY22, and the industry's turnover is anticipated the rank will drop by FY25. The sector's production value is anticipated to increase between FY20 and FY25 at a CAGR of 5.6%.

Growth Drivers in Printing Industry:

  • An increase in the use of highly customized labels- The implementation of digital printing has become critical as big consumer-oriented manufacturers steadily migrate to customized packaging to improve shelf visibility and, as a result, attract customers. Digital prints wrapped over the glass fronts of office buildings and large digitally printed banners draped along the sides of buildings are in high demand. 
  • Innovation and Digitalization: Innovations and digital integration are aligned as significant drivers, as market players take advantage of replacing toner in less than 20 seconds, loading paper less frequently, hands-free voice-activated printing, and reducing common printing interruptions. Mobile scanning, Ethernet, and Wi-Fi Direct are all available on business-oriented printers, which also support printing from an iPad, iPhone, Android tablet, or smartphone.

Market Trend in Printing Industry:

  • Touchless solutions: We must avoid coming into contact with their production process, supply chain, and service delivery because we are all aware of the coronavirus's capacity for rapid transmission. As a result, OEMs began producing printers that include touchless components like ID cards, RFID tags, or smart barcodes for touchless automation. In the coming years, we anticipate that touchless gadgets will become increasingly crucial in the new global order.
  • Cloud printing: Although cloud printing was nothing new, the epidemic has made it quite evident that it will be the way printing is done in the future. The ground-breaking technology makes printing simpler and significantly lowers the total cost of ownership. By implementing QR/ Barcoding, businesses are moving toward more automated and predictive solutions to increase efficiency across the whole product production process, including automation in the supply chain management of a large number of printed documents. Additionally, printed materials are becoming more customized, and printing with changeable data is becoming common.

Peers:

  • Canon, HP, Richo, and Konica Minolta are the peers of the company.

Future Prospects

Outlook:

  • The fast expansion in industrialization has resulted in an increase in demand for digital printing. In addition, digital printing is increasingly being utilized for printing labels in E-commerce shipments, with the rise in the number of E-commerce shipments in India functioning as a significant driving force. According to Chromatus Global Industry Reports, growth in FY28 would be approximately $2.1Bn., up 43% from FY17. From FY17 to FY28, the industry's CAGR is predicted to be 10%.

Government Initiatives

Government Regulator

  • Ministry of Electronics and Information Technology - The Ministry of Electronics and Information Technology (MeitY) is a cabinet-level agency of the Republic of India's Union Government. On July 19, 2016, it was separated from the Ministry of Communications and Information Technology to become a separate ministerial agency in charge of IT policy, strategy, and development in the electronics sector.
  •  India's Ministry of Home Affairs and the National Critical Information Infrastructure Protection Centre are developing a new national cybersecurity policy.
  • Software Technology Park of India and Special Economic Zones receive government help in the form of tax exemptions. The government announced intentions to develop a national artificial intelligence program and create a national artificial intelligence site in the 2018 Union Budget.

  • All India Federation of Master Printers (AIFMP) - The All India Federation of Master Printers (AIFMP), which was founded in 1953, is the world's biggest printers' organization, representing over 250,000 printing enterprises in India. The AIFMP is made up of several regional organizations from all around the United States. AIFMP supports, participates in, and organizes several regional, national, and international events to lobby for Indian printers' interests, showcasing the Indian printing industry's achievements, and holding technical seminars to educate printers about global trends and technologies to strengthen the printing industry.

Xerox India Strengths

  • The company is a subsidiary of Xerox Corporation Holding which is a very big brand in the market. Brand recognition will help the company to capture its market share.
  • The company has minimal debt which shows a strong solvency position.
  • As per the MNS credit management on the basis of the financials of FY21, the company got 62 points out of 100 which signifies a good position in the market. Thought it is worth noticing that the financial position of the company has improved in FY22.

Xerox India Shortcomings

  • The demand for products and services is totally dependent on the value of Xerox Corporation's holding. If it will fall then eventually the company will fall.

Xerox India Opportunities

  • Custom clothing printing, which includes custom t-shirt printing, is likewise dominated by the Asia-Pacific area. In addition, the region is predicted to develop at a high rate in the next years. As a result, big format printer demand is likely to grow, which offers a great opportunity for the company to increase their production in this segment.

Xerox India Threats

  • Due to excessive market rivalry and lower costs for their goods and services, the new businesses have flooded the market. India is a market where prices are important. The company's revenue might be significantly impacted.
Xerox India Rating

  • RECOMMENDATION

    Strong Sell

  • Xerox India Detail Info

Industry Statistics

PRIVATE LIMITED

Registered In

India

last Updated

28/07/2022

Registered Date

29/12/1995

Planify Ticker

Xerox

Reg Office: Xerox India Limited 5th Floor, Block One, Vatika Business Park, Sector 49, Sohna Road, Gurugram - 122018, Haryana

Visit Website

Frequently Ask Questions

Please find below the procedure for buying stock_name_auto Unlisted Shares at Planify.
• 1. You confirm booking of stock_name_auto Unlisted Shares with us at a trading price.
• 2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
• 3. We will provide the bank details.
• 4. You need to transfer funds in that account.
• 5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
• 6. Payment has to be done from the same account in which shares are to be credited.
• 7. We will transfer the shares in 24 hours if funds are credited before 2 pm.
Important Note: Please note that the lock-in period for selling stock_name_auto Unlisted Shares is 6 months after listing. Hence you can’t sell stock_name_auto Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date.

Please find below the procedure for selling stock_name_auto Unlisted Shares at Planify.
• 1. We will confirm our buying price of stock_name_auto Unlisted Shares.
• 2. We will give you our client master report and you will transfer the stock_name_auto Unlisted Shares to our demat account.
• 3. We will ask for bank details of yours once the stock_name_auto Unlisted Shares are received in our demat account..
• 4. We will transfer the funds in your bank account within 24 hrs of receiving the stock_name_auto Unlisted Shares.
• 5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
• 6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.
Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of stock_name_auto Unlisted Shares depends upon category of investors.
• 1. Venture Capital Funds or Alternate Investment Fund of Category -I or II, or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of stock_name_auto Unlisted Shares.
• 2. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of stock_name_auto Unlisted Shares.
This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the stock_name_auto Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
• a. ISIN number of stock_name_auto Unlisted Shares.
• b. Name of stock_name_auto Unlisted Shares
• c. Quantity of stock_name_auto Unlisted Shares
• d. Cosideration Amount
• e. Target DP ID and Client ID
• f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the stock_name_auto Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the stock_name_auto Unlisted Shares by filling the details similar to Ofline-DIS.

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. Generally via our Planify platform, if somebody wants to buy Unlisted Shares then minimum investment would be 35-50k.To know about the minimum lot size of stock_name_auto, kindly click on this hyperlink - stock_name_auto.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable.

If you buy stock_name_auto Unlisted Shares from Planify then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.
Check credit of stock_name_auto Unlisted Shares Instantly?
• 1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
• By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
• Demat Account = DP ID + Client ID. (16 Characters )
• "DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
• Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
• In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
• Example:
• CDSL = 12345678(DP ID) and 91234567(Client ID).
• NSDL = IN123456 (DP ID) and 78912345(Client ID).
• Check in brokers application?
• Credit of stock_name_auto Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The stock_name_auto Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of stock_name_auto Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on Planify.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"Planify is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, Planify has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with Planify."

We at Planify do the valuation based on 2 methods.
• 1. We check the last funding that is being done in the stock_name_auto Unlisted Shares to ascertain the benchmark valuation.
• 2. If there is no funding happened in the company, then we try to find a business similar to stock_name_auto Unlisted Shares in the listed space and do comparison method to ascertain the valuation.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their stock_name_auto Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their stock_name_auto Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about stock_name_auto Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of stock_name_auto Ltd unlisted share.

We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of stock_name_auto Ltd unlisted shares with us.

The financials of stock_name_auto Ltd which includes the P/L of stock_name_auto Ltd and the Balance Sheet of stock_name_auto Ltd is in the financials section.

The annual report of stock_name_auto Ltd is available in the annual report section.