Is Exicom Tele-Systems Ltd (EXICOM) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Exicom Tele-Systems Ltd is a average quality company .

Is Exicom Tele-Systems Ltd (EXICOM) undervalued or overvalued?

The key valuation ratios of Exicom Tele-Systems Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Exicom Tele-Systems Ltd (EXICOM) share price return in the past 10 years?

Data is not available for this company

Is Exicom Tele-Systems Ltd (EXICOM) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Exicom Tele-Systems Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the share price of Exicom Tele-Systems Ltd (EXICOM)?

Company share prices are keep on changing according to the market conditions. The current trading price of Exicom Tele-Systems Ltd (EXICOM) on 17-Apr-2026 16:59:59 at 16:59 is 111.47.

What is the P/E ratio of Exicom Tele-Systems?

The latest standalone P/E ratio of Exicom Tele-Systems as of 17-Apr-2026 is 249.13.

What is the P/B ratio of Exicom Tele-Systems Ltd (EXICOM)?

The latest standalone P/B ratio of Exicom Tele-Systems Ltd (EXICOM) as of 17-Apr-2026 is 1.69.

What is the 52-week high and low of Exicom Tele-Systems Ltd (EXICOM)?

The 52-week high of Exicom Tele-Systems Ltd (EXICOM) is Rs. 208.79 and the 52-week low is Rs. 75.80.

Exicom Tele-Systems Ltd (EXICOM) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Exicom Tele-Systems Ltd (EXICOM)
Brand: Exicom Tele-Systems

Key Metrics

Market Cap

₹1,550 Cr.

P/E Ratio

249.13

Price to Book (P/B)

1.69

Price to Sales (P/S)

1.88

EV/EBITDA

20.03

Return on Capital Employed (ROCE)

7.27%

Current Price

₹111.5

Return on Equity (ROE)

3.26%

Return on Assets (ROA)

1.82%

Operating Profit Margin

5.3%

Net Profit Margin

2.78%

Gross Profit Margin

6.3%

Book Value per Share

₹66

Sales Growth (YoY)

-13.14%

Sales Growth (3 Years)

30.89%

Operating Profit Growth (1 Year)

-65.46%

Operating Profit Growth (3 Years)

11.05%

Net Profit Growth (1 Year)

-68.48%

52-Week Low / High

₹76 / 209

Net Profit Growth (3 Years)

-10.61%

Dividend Yield

0.00%

Promoter Holding

66.47%

Pledged shares (%)
of Promoter's holding (%)

2.78%

Check Before You Invest

Q.1 Revenue growth of Exicom Tele-Systems Ltd?

Exicom Tele-Systems Ltd revenue growth is -13.1% for FY-2025 , which is below its 5 year CAGR of 22.3% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Exicom Tele-Systems Ltd?

Promoters hold 66.47% of the Exicom Tele-Systems Ltd, with 2.78% of their stake pledged, indicating low pledge risk.

Q.1 Revenue growth of Exicom Tele-Systems Ltd vs industry peers?

Exicom Tele-Systems Ltd revenue CAGR is 22.26% , compared to the industry median CAGR of 13.21% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does Exicom Tele-Systems Ltd belong to?

Exicom Tele-Systems Ltd belongs to the Capital Goods & Industrial Consumables sector, operating specifically within the Electric Equipment segment.

Q.1 Stock return of Exicom Tele-Systems Ltd over the last decade?

Over the last 1 year(s), the stock has delivered a CAGR of -33.49% based on the current price.

DeciZen - make an informed investing decision on Exicom Tele-Systems

Based on:

Data

Overall Rating ⓘ
Login to view analysis.

1. Quality

2. Valuation

3. Price Trend

Exicom Tele-Systems stock performance

Key Ratios

Is Exicom Tele-Systems Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	10.6%	12.3%	17.2%	19.6%	-11.9%	-3.7%	22%	21.7%	25.1%	7.3%	-
Value Creation Index ⓘ	-0.3	-0.1	0.2	0.4	-1.9	-1.3	0.6	0.6	0.8	-0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	146	187	274	346	275	309	336	516	866	752	826
Sales YoY Gr.	-	27.3%	46.6%	26.4%	-20.4%	12.2%	8.5%	53.7%	67.9%	-13.1%	-
Adj EPS ⓘ	1.4	1.6	2.8	1.6	-4.2	-1.4	3.2	3.8	5.2	1.5	0.5
YoY Gr.	-	20.7%	70.6%	-42.5%	-359.4%	NA	NA	19.4%	35.4%	-71.7%	-
BVPS (₹) ⓘ	11.6	13.2	17.5	19.1	15	15.3	15.9	16.7	50.4	52	66
Adj Net Profit ⓘ	8.6	13.1	25.1	14.4	-37.4	-12.5	28.7	34.3	64.8	18.3	6
Cash Flow from Ops. ⓘ	-13.3	38.3	14.6	21.5	34.4	-16.8	16.2	8.7	9.7	18.9	-
Debt/CF from Ops. ⓘ	-4.8	1	2.9	2.7	1.3	-5.8	6	12.2	3.1	24.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	19.9%	22.3%	30.9%	-13.1%
Adj EPS ⓘ	0.9%	NA	-22.9%	-71.7%
BVPSⓘ	18.1%	28.2%	48.6%	3.3%
Share Price	-	-	-	-33.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	11.2	12.5	18	8.7	-24.3	-9.1	20.4	23.4	16.6	2.8	0.8
Op. Profit Mgn % ⓘ	11.6	13.5	9.8	6.3	-15.9	-1.9	8.6	10.5	13.3	5.3	6.3
Net Profit Mgn % ⓘ	5.9	7	9.2	4.2	-13.6	-4.1	8.6	6.7	7.5	2.4	0.8
Debt to Equity ⓘ	0.7	0.3	0.3	0.3	0.3	0.7	0.7	0.7	0.1	0.7	-
Working Cap Days ⓘ	275	244	238	264	355	333	353	235	163	302	182
Cash Conv. Cycle ⓘ	105	103	84	85	135	93	62	52	40	76	77

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	0.5	-20.3
TTM Sales (₹ Cr.)	826	1,029
BVPS (₹) ⓘ	66	48.6
Reserves (₹ Cr.) ⓘ	778	537
P/BV ⓘ	1.69	2.29
PE ⓘ	249.13	0.00

From the Market
52 Week Low / High (₹)	75.80 / 208.79
All Time Low / High (₹)	75.80 / 510.46
Market Cap (₹ Cr.)	1,550
Equity (₹ Cr.)	139.1
Face Value (₹)	10
Industry PE ⓘ	58.6

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

3.05

2.78

* Pledged shares as % of Promoter's holding (%)

Valuation of Exicom Tele-Systems - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	146	187	274	346	275	309	336	516	866	752
Operating Expenses ⓘ +	130	161	249	324	319	315	307	465	752	713
Manufacturing Costs	11	5	7	11	30	19	16	20	36	34
Material Costs	80	104	153	217	193	213	206	348	589	535
Employee Cost	19	24	32	45	53	50	46	53	65	82
Other Costs ⓘ	20	28	56	52	43	33	38	44	62	62
Operating Profit ⓘ	17	25	25	22	-44	-6	29	51	114	39
Operating Profit Margin (%)	11.6%	13.5%	9.0%	6.3%	-15.9%	-2.0%	8.6%	9.9%	13.2%	5.2%
Other Income ⓘ +	1	1	16	29	36	14	38	18	19	46
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	5	6	6	9	11	16	18	17	19	38
Depreciation ⓘ	5	7	9	8	16	16	15	16	18	21
Profit Before Tax ⓘ	8	13	24	33	-35	-23	35	37	96	27
Tax ⓘ	-0	0	-1	18	1	-13	6	4	30	6
Profit After Tax	9	13	25	15	-36	-11	29	32	66	21
PAT Margin (%)	5.9%	7.1%	9.3%	4.3%	-13.2%	-3.5%	8.7%	6.3%	7.7%	2.8%
Adjusted EPS (₹)	1.4	1.6	2.8	1.6	-4.0	-1.2	3.3	3.6	5.3	1.7
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	89	122	158	172	135	138	143	151	633	653
Share Capital ⓘ	20	21	7	7	7	7	7	7	121	121
Reserves ⓘ	69	100	150	165	128	131	136	143	512	533
Debt +	63	37	41	56	44	98	98	105	30	417
Long Term Debt	38	20	13	11	8	66	70	72	7	238
Short Term Debt	25	17	28	45	37	32	28	33	23	179
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	34	47	92	128	132	168	156	137	201	195
Others Liabilities ⓘ	13	22	9	23	61	32	81	56	57	113
Total Liabilities ⓘ	199	228	299	379	373	436	478	448	921	1,379
Fixed Assets
Net Fixed Assets ⓘ +	20	61	61	78	98	72	98	77	90	92
Gross Block	50	98	104	128	160	142	197	159	185	208
Accumulated Depreciation	30	37	43	51	62	71	99	82	95	116
CWIP ⓘ	27	1	1	1	1	12	11	5	22	79
Investments ⓘ	18	20	8	10	7	0	7	7	4	250
Inventories	31	38	77	131	118	110	127	116	185	137
Trade Receivables	80	80	116	99	99	133	115	128	192	266
Cash Equivalents	5	5	8	11	11	24	21	25	315	179
Others Assets ⓘ	19	23	28	51	39	85	100	91	113	376
Total Assets ⓘ	199	228	299	379	373	436	478	448	921	1,379

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-13	38	15	22	34	-17	16	9	10	19
PBT ⓘ	8	13	24	33	-35	-23	35	12	96	27
Adjustment ⓘ	10	12	27	16	27	29	-5	38	33	23
Changes in Working Capital ⓘ	-30	15	-31	-19	43	-17	-10	-41	-115	-21
Tax Paid ⓘ	-2	-3	-5	-9	0	-5	-4	0	-5	-11
Cash Flow From Investing Activity ⓘ +	-26	-24	-12	-26	-11	-28	14	9	-286	-438
Capex	-22	-21	-9	-25	-11	-17	-18	9	-21	-17
Net Investments	0	0	0	0	0	-12	8	-1	-251	-146
Others ⓘ	-4	-2	-3	-1	1	1	24	1	-14	-275
Cash Flow From Financing Activity ⓘ +	39	-15	-2	6	-25	46	-23	-16	317	385
Net Proceeds from Shares ⓘ	15	20	0	0	0	0	0	0	400	1
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	2	3	-24	231
Interest Paid ⓘ	-3	-8	-7	-9	-9	-14	-17	-18	-17	-36
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	27	-26	4	15	-16	60	-8	0	-42	189
Net Cash Flow ⓘ	0	-0	0	2	-1	2	7	2	41	-34

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	12.36	14.66	19.26	8.98	-23.69	-7.79	20.86	22.14	16.96	3.26
ROCE (%)	10.56	12.28	17.16	19.6	-11.86	-3.68	22.02	21.68	25.12	7.27
Asset Turnover Ratio	0.88	0.94	1.05	1.02	0.73	0.76	0.73	1.13	1.35	0.67
PAT to CFO Conversion(x)	-1.44	2.92	0.6	1.47	N/A	N/A	0.55	0.28	0.15	0.9
Working Capital Days
Receivable Days	160	144	129	113	131	137	135	85	63	109
Inventory Days	73	62	76	110	165	135	129	84	60	77
Payable Days	185	141	165	185	246	257	286	153	105	135

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Exicom Tele-Systems Ltd FAQs

The current trading price of Exicom Tele-Systems on 17-Apr-2026 16:59 is ₹111.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of Exicom Tele-Systems stood at ₹1,550.3 Cr

The latest P/E ratio of Exicom Tele-Systems as of 16-Apr-2026 is 249.1.

The latest P/B ratio of Exicom Tele-Systems as of 16-Apr-2026 is 1.69.

The 52-week high of Exicom Tele-Systems is ₹208.8 and the 52-week low is ₹75.80.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Exicom Tele-Systems is ₹826 ( Cr.) .

About Exicom Tele-Systems Ltd

Exicom Tele-Systems Limited was incorporated as ‘Himachal Exicom Communications Limited’, a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh, situated at Jalandhar on May 9, 1994. The Company was granted a certificate of commencement of business on May 11, 1994, by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh, situated at Jalandhar. The name of the Company was changed to ‘Exicom Tele-Systems Limited’, pursuant to a resolution passed by its Shareholders on August 6, 2008, and a fresh certificate of incorporation consequent upon change of name issued by the RoC on August 11, 2008.

The company is an India headquartered power management solutions provider, operating under two business verticals, (i) its critical power solutions business, wherein it designs, manufactures and service DC Power Systems and Li-ion based energy storage solutions to deliver overall energy management at telecommunications sites and enterprise environments in India and overseas (Critical Power Business); and (ii) its electric vehicle supply equipment (EV Charger) solutions business, wherein it provides smart charging systems with innovative technology for residential, business, and public charging use in India (EV Charger Business) and which commenced commercial sales in the Financial Year ended March 31, 2019.

The company was amongst the first entrants in the EV Chargers manufacturing segment in India and as of March 31, 2023. Furthermore, in its Critical Power Business, it occupies a market share of 16% in the DC Power Systems market and is recognized in the market for Li-ion Batteries for application in the telecommunications sector. It aims to be an impact business contributing to the sustainable energy transition by enabling electrification of transportation, and energy stability of digital communication infrastructure.

Its Critical Power Business delivers overall energy management at telecommunications sites and enterprise environments. Under this business vertical, it offers a diversified portfolio of DC power conversion systems (DC Power Systems) and Li-ion based energy storage solutions to deliver back-up power during grid interruptions (Li-ion Batteries or Energy Storage Solutions) and has deployments in India, South East Asia and Africa. Moreover, it leveraged its nearly three decades of domain experience and know-how in power conversion, energy management and de-carbonization solutions, along with tapping into its existing manufacturing and supply chain operations, to commence its EV Charger Business in 2019, which provides smart electric vehicle (EV) charging products and solutions.

Business area of the company

The company is an India headquartered power management solutions provider, operating under two business verticals- (i) critical power solutions business; and (ii) its electric vehicle supply equipment (EV Charger) solutions business.

Products of the company

Critical Power Business (DC Power Systems)

Indoor power system
Outdoor power system
Hybrid power system

Critical power Business (Li-ion Batteries)

EV Charger business

AC chargers
DC chargers

Awards, accreditations and recognitions

2018: Awarded the ‘Energy Storage Company of the Year’ at the Energy Storage India 2018 Conference, Expo and Gala Awards.
2019: Awarded the ‘EV Infrastructure Company of the Year’ at the Industry Excellence Awards, 2019 by India Energy Storage Alliance.
2019: Awarded the ‘Moving Towards a Greener Transportation’ at the 3rd ASSOCHAM Auto Forum & Awards, 2019 by ASSOCHAM India.
2020: Received ISO 14001:2015 and ISO 45001:2018 accreditation for the scope of manufacturing and supply of electric vehicle charger, SMR, SMPsbased power plants, centralized battery & energy management solutionsfor Gurugram Facility I, Corporate Office, R&D centre and Solan Facility.
2020: Awarded the ‘Company of the Year - EVSE’ at the EV ChargeIndia Awards, 2020 by EMobility.
2020: Awarded the ‘EV Charging Infrastructure Company of the Year’ at the 4thIndustry Excellence Awards, 2020 by India Energy Storage Alliance.
2022: Awarded the ‘Company of the Year - EV Infrastructure OEM’ at the 5th Industry Excellence Awards, 2022 by India Energy Storage Alliance
2023: Received ITAF 16949:2016 accreditation for design and manufacturing of electric vehicle chargerfor Gurugram FacilityI, R&D centre and Corporate Office.
2023: Received ISO 9001:2015 accreditation for manufacture, supply, installation, commissioning & service of electric vehicle charger, SMR, SMPs based power plants, centralized battery & energy management solutionsfor Gurugram Facility I.
2023: Received ISO 9001:2015 accreditation for manufacturing of SMR & SMPs power plants for its Solan Facility.
2023: Received ISO 14001:2015 and ISO 45001:2018 accreditation for manufacturing and supply of electric vehicle charger, SMR, SMPs based power plants, centralized battery & energy management solutions for its Gurugram Facility I, Corporate Office, R&D centre and Solan Facility.
2023: Received ISO 9001:2015 accreditation for design, manufacture and in-house service of lithium-ion battery pack for stationary application for Gurugram Facility II.
2023: Received ISO 14001:2015 accreditation for design, manufacture and in-house service of lithium-ion battery pack for stationary application for Gurugram Facility II.
2023: Received ISO 45001:2018 accreditation for design, manufacture and in-house service of lithium-ion battery pack for stationary application for Gurugram Facility II.
2023: Awarded the ‘Star Charger Manufacturer of the Year’ at the India EV Awards, 2023 by Franchise India.
2023: Awarded the ‘Going Extra Mile Award’ at Annual Supplier Conference by Tata Motors.

History and milestones

1994: Incorporation of the Company.
1995: Commenced manufacturing of DC Power Systems at the erstwhile Solan facility.
2008: Change of name of the Company to ‘Exicom Tele-Systems Limited’.
2012: Incorporation of its wholly owned subsidiary, Exicom Tele-Systems (Singapore) Pte. Ltd., in Singapore.
2012: Incorporation of its indirect subsidiary, Horizon Tele-Systems SDN BHD, in Malaysia.
2013: Commenced trading of Li-ion batteries.
2016: Commenced manufacture of DC Power Systemsat Gurugram FacilityI.
2022: Core membership of Charging Interface Initiative (international charging standard body) obtained.
2022: Started manufacturing of EV Chargersat Gurugram Facility I.
2022: Divestment of its business and assets related to the manufacturing and service of the Li-ion batteries of electric vehicles on a slump sale basis to Exicom Energy Systems Private , a member of its Promoter Group.
2023: Commenced manufacture of Li-ion batteries at Gurugram Facility II.
2023: Incorporation of its wholly owned subsidiary, Horizon Power Solutions L.L.C-FZ, in Dubai, United Arab Emirates.
2024: Incorporation of its wholly owned subsidiary, Exicom Power Solutions B.V., in Netherlands.

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Exicom Tele-Systems Ltd (EXICOM) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Exicom Tele-Systems Share Price