Exicom Tele-Systems Ltd
Incorporated in 1994, Exicom Tele-Systems Ltd manufactures EV chargers and Critical Power components[1]
- Market Cap ₹ 1,843 Cr.
- Current Price ₹ 133
- High / Low ₹ 284 / 125
- Stock P/E
- Book Value ₹ 53.5
- Dividend Yield 0.00 %
- ROCE -5.94 %
- ROE -16.5 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -3.02%
- Company has a low return on equity of -2.69% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 513 | 843 | 708 | 1,020 | 868 | 949 | |
| 483 | 775 | 655 | 907 | 905 | 1,068 | |
| Operating Profit | 30 | 67 | 53 | 113 | -37 | -119 |
| OPM % | 6% | 8% | 8% | 11% | -4% | -13% |
| 2 | -19 | -10 | 18 | 31 | 9 | |
| Interest | 14 | 19 | 19 | 19 | 43 | 60 |
| Depreciation | 14 | 15 | 16 | 19 | 56 | 96 |
| Profit before tax | 4 | 15 | 8 | 93 | -105 | -266 |
| Tax % | 4% | 65% | -5% | 31% | 5% | |
| 3 | 5 | 8 | 64 | -110 | -263 | |
| EPS in Rs | 4.16 | 6.19 | 9.65 | 4.60 | -7.92 | -18.94 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -761% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -55% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -3% |
| Last Year: | -16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 121 | 121 | 139 |
| Reserves | 206 | 214 | 225 | 601 | 493 | 604 |
| 122 | 128 | 133 | 46 | 707 | 582 | |
| 343 | 254 | 340 | 245 | 347 | 513 | |
| Total Liabilities | 678 | 603 | 705 | 1,013 | 1,668 | 1,839 |
| 93 | 101 | 79 | 92 | 586 | 645 | |
| CWIP | 19 | 18 | 5 | 22 | 79 | 117 |
| Investments | 1 | 1 | 1 | 1 | 1 | 1 |
| 565 | 484 | 620 | 898 | 1,002 | 1,076 | |
| Total Assets | 678 | 603 | 705 | 1,013 | 1,668 | 1,839 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -13 | 56 | 3 | 28 | -169 | |
| -20 | -10 | 8 | -286 | -489 | |
| 46 | -17 | -16 | 317 | 614 | |
| Net Cash Flow | 13 | 29 | -5 | 60 | -44 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 234 | 73 | 162 | 79 | 140 |
| Inventory Days | 110 | 76 | 90 | 98 | 177 |
| Days Payable | 275 | 93 | 199 | 101 | 133 |
| Cash Conversion Cycle | 68 | 57 | 54 | 76 | 184 |
| Working Capital Days | 88 | 43 | 79 | 88 | 81 |
| ROCE % | 17% | 15% | 20% | -6% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
12 Nov - Transcript of Investors'' Conference Call held on Monday November 10, 2025 at 4:30 p.m. (IST) to discuss Unaudited Financial Results of the Company for the …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
10 Nov - Audio of Nov 10, 2025 Q2/H1 results call (ended Sept 30, 2025) hosted on company website.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
10 Nov - Monitoring reports: Rs400cr IPO, Rs259.41cr rights; minor delays, ~Rs17.3cr unutilized; extension to Mar 31, 2026.
- Announcement under Regulation 30 (LODR)-Investor Presentation 10 Nov
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
10 Nov - Q2 FY26: consolidated revenue ₹282cr, EBITDA loss ₹32.7cr; standalone EBITDA ₹15.17cr; Exicom BV approved up to $40m financing; guidance cut.
Concalls
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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May 2025TranscriptNotesPPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
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Aug 2024TranscriptNotesPPT
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May 2024Transcript PPT
Business Overview:[1][2][3]
ETSL is in the business of manufacturing critical power components such as rectifiers, AC to DC converters, etc. and also offers energy storage solutions, along with production of EV chargers. It is a sustainable energy transition vertically integrated company with a service network of 200+ engineers across 26+ states (450+ Cities). Company operates on 2 business fronts:
a) Enabling electrification of transportation through the EV charging products
b) Facilitating energy stability of digital communication infrastructure with power conversion systems and energy storage solutions.