Exicom Tele-Systems Ltd
Incorporated in 1994, Exicom Tele-Systems Ltd manufactures EV chargers and Critical Power components[1]
- Market Cap ₹ 2,044 Cr.
- Current Price ₹ 147
- High / Low ₹ 361 / 125
- Stock P/E
- Book Value ₹ 44.2
- Dividend Yield 0.00 %
- ROCE -5.94 %
- ROE -16.5 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.33 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -3.09%
- 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 | 821 | |
483 | 775 | 655 | 907 | 905 | 922 | |
Operating Profit | 30 | 67 | 53 | 113 | -37 | -101 |
OPM % | 6% | 8% | 8% | 11% | -4% | -12% |
2 | -19 | -10 | 18 | 31 | 20 | |
Interest | 14 | 19 | 19 | 19 | 43 | 56 |
Depreciation | 14 | 15 | 16 | 19 | 56 | 76 |
Profit before tax | 4 | 15 | 8 | 93 | -105 | -212 |
Tax % | 4% | 65% | -5% | 31% | 5% | |
3 | 5 | 8 | 64 | -110 | -211 | |
EPS in Rs | 4.16 | 6.19 | 9.65 | 4.60 | -7.92 | -15.22 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 1% |
TTM: | -18% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -375% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -49% |
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 | |
---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 121 | 121 |
Reserves | 206 | 214 | 225 | 601 | 493 |
122 | 128 | 133 | 46 | 707 | |
343 | 254 | 340 | 245 | 347 | |
Total Liabilities | 678 | 603 | 705 | 1,013 | 1,668 |
93 | 101 | 79 | 92 | 586 | |
CWIP | 19 | 18 | 5 | 22 | 79 |
Investments | 1 | 1 | 1 | 1 | 1 |
565 | 484 | 620 | 898 | 1,002 | |
Total Assets | 678 | 603 | 705 | 1,013 | 1,668 |
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
-
Intimation Of Show Cause Notice
3 Oct - Received Customs SCN dated September 30, 2025 seeking Rs.14,48,80,677 plus interest/penalty for alleged mis-declaration.
-
Cancellation Of Stock Options
29 Sep - Cancelled 6,36,437 (2023) and 9,36,027 (2025) ESOPs; resolution dated 29 Sep 2025.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
25 Sep - 31st AGM (24 Sep 2025): five resolutions passed including FY2024-25 financials, director reappointment, auditors appointed.
- Closure of Trading Window 25 Sep
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
24 Sep - 31st AGM (Sep 24, 2025): adopted FY25 financials; reappointed director; appointed secretarial and cost auditors; e-voting.
Concalls
-
Aug 2025Transcript PPT
-
May 2025Transcript PPT
-
May 2025TranscriptNotesPPT
-
Feb 2025Transcript PPT REC
-
Nov 2024Transcript PPT REC
-
Aug 2024Transcript PPT REC
-
Aug 2024TranscriptNotesPPT
-
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.