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Exicom Tele-Systems share price today

Exicom Tele-Systems Ltd · NSE: EXICOM · Capital Goods - Electric General · price as of the 4 November 2026 close, updated every trading day · results updated weekly · research updated 10 August 2026

Exicom Tele-Systems share price today: ₹143.57 at the NSE close on 4 November 2026, up 6.3% in a year. Exicom Tele-Systems (NSE: EXICOM) is worth ₹1,998 crore, trades at a P/E of 85.3 and has closed between ₹83.22 and ₹182.28 over the past 52 weeks. Latest change: indian funds and insurers (DIIs) cut their stake for 4 quarters in a row.

₹143.57Price +6.3% in a year
85.3×P/E lower than 60% of the last 11 months
₹331 CrRevenue (Jun 2026) +61.5% on a year ago
−₹74.0 CrProfit (Jun 2026)
−7.0%Operating margin +12.0 points on a year ago
−15%ROCE FY26
−16.5%ROIC against a 12.0% cost of capital: −28.5 points
113%Profit that came in as cash last 3 years

Exicom Tele-Systems Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

The main question: promoters moved −4.4 percentage points over 8 quarters while the business went the other way.

The price has been rising for 20 weeks, and the P/E is lower than 60% of its own last 11 months. Over the last four quarters, results have been improving, and 113% of the last 3 years' profit came in as cash. What will decide it: whether the owners’ moves turn back in line with the business.

What is the Exicom Tele-Systems share price today?

Exicom Tele-Systems Ltd's share price was ₹143.57 at the close on 4 November 2026. It has been rising for 20 weeks. That is 1.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹83 and ₹182, and at that close it sat 61% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Exicom Tele-Systems Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 7 weeks running.

1Y

Nov 2026: ₹144, 1.4% below its 200-day average. The price has been rising for 20 weeks.

  • Price ₹144
  • 50-day avg ₹149
  • 200-day avg ₹146
Nov 2026: ₹144, 1.4% below its 200-day average. The price has been rising for 20 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹139₹146₹176
7 Nov 2025₹135₹145₹175
14 Nov 2025₹133₹143₹173
21 Nov 2025₹121₹140₹170
28 Nov 2025₹112₹135₹168
5 Dec 2025₹107₹130₹165
12 Dec 2025₹111₹126₹162
19 Dec 2025₹120₹125₹160
26 Dec 2025₹118₹124₹158
2 Jan 2026₹119₹123₹156
9 Jan 2026₹106₹121₹154
16 Jan 2026₹111₹119₹152
23 Jan 2026₹100₹116₹150
1 Feb 2026₹98₹113₹147
6 Feb 2026₹98₹110₹145
13 Feb 2026₹97₹108₹143
20 Feb 2026₹96₹106₹141
27 Feb 2026₹93₹104₹138
6 Mar 2026₹88₹102₹136
13 Mar 2026₹86₹99₹134
20 Mar 2026₹89₹97₹132
27 Mar 2026₹83₹95₹130
2 Apr 2026₹85₹94₹128
10 Apr 2026₹104₹94₹127
17 Apr 2026₹111₹97₹126
24 Apr 2026₹117₹101₹126
30 Apr 2026₹115₹103₹125
8 May 2026₹119₹106₹125
15 May 2026₹114₹107₹125
22 May 2026₹158₹111₹125
29 May 2026₹159₹117₹126
4 Jun 2026₹145₹123₹127
5 Jun 2026₹134₹123₹127
10 Jun 2026₹150₹126₹128
12 Jun 2026₹142₹127₹128
17 Jun 2026₹165₹131₹129
19 Jun 2026₹173₹134₹130
24 Jun 2026₹165₹138₹131
25 Jun 2026₹158₹139₹131
1 Jul 2026₹167₹142₹132
3 Jul 2026₹178₹144₹133
10 Jul 2026₹170₹148₹135
17 Jul 2026₹162₹151₹136
24 Jul 2026₹160₹154₹138
31 Jul 2026₹158₹155₹139
7 Aug 2026₹159₹157₹140
14 Aug 2026₹152₹155₹140
21 Aug 2026₹160₹155₹141
28 Aug 2026₹168₹156₹142
4 Sep 2026₹178₹158₹143
11 Sep 2026₹182₹162₹145
18 Sep 2026₹164₹163₹146
25 Sep 2026₹161₹163₹147
1 Oct 2026₹151₹161₹147
9 Oct 2026₹145₹159₹147
16 Oct 2026₹143₹157₹147
23 Oct 2026₹126₹153₹146
30 Oct 2026₹125₹149₹146
4 Nov 2026₹144₹149₹146
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹144, 1.4% below its 200-day average. The price has been rising for 20 weeks.

  • Price ₹144
  • 50-day avg ₹149
  • 200-day avg ₹146
Nov 2026: ₹144, 1.4% below its 200-day average. The price has been rising for 20 weeks.
WeekPrice50-day avg200-day avg
7 Mar 2024₹229₹218₹217
15 Mar 2024₹219₹214₹216
22 Mar 2024₹206₹214₹216
28 Mar 2024₹190₹212₹215
5 Apr 2024₹216₹210₹215
12 Apr 2024₹233₹212₹215
19 Apr 2024₹281₹219₹217
26 Apr 2024₹268₹228₹219
3 May 2024₹281₹237₹222
10 May 2024₹251₹241₹224
18 May 2024₹274₹246₹226
24 May 2024₹257₹249₹228
31 May 2024₹302₹253₹230
7 Jun 2024₹293₹259₹232
14 Jun 2024₹307₹267₹236
21 Jun 2024₹390₹281₹241
28 Jun 2024₹437₹306₹249
5 Jul 2024₹468₹338₹261
12 Jul 2024₹428₹356₹269
19 Jul 2024₹416₹368₹276
26 Jul 2024₹439₹378₹283
2 Aug 2024₹427₹389₹291
9 Aug 2024₹408₹390₹296
16 Aug 2024₹379₹389₹299
23 Aug 2024₹386₹388₹303
30 Aug 2024₹371₹386₹307
6 Sep 2024₹335₹379₹309
13 Sep 2024₹334₹370₹310
20 Sep 2024₹315₹361₹310
27 Sep 2024₹305₹352₹310
4 Oct 2024₹297₹344₹310
11 Oct 2024₹315₹338₹310
18 Oct 2024₹314₹335₹311
25 Oct 2024₹300₹329₹310
1 Nov 2024₹312₹323₹310
8 Nov 2024₹341₹326₹311
14 Nov 2024₹295₹325₹311
22 Nov 2024₹260₹316₹309
29 Nov 2024₹267₹306₹307
6 Dec 2024₹274₹300₹305
13 Dec 2024₹264₹294₹304
20 Dec 2024₹252₹288₹301
27 Dec 2024₹245₹282₹299
3 Jan 2025₹243₹274₹296
10 Jan 2025₹246₹268₹294
17 Jan 2025₹239₹262₹291
24 Jan 2025₹235₹256₹288
1 Feb 2025₹231₹251₹284
7 Feb 2025₹192₹245₹281
14 Feb 2025₹168₹232₹276
21 Feb 2025₹163₹219₹270
28 Feb 2025₹148₹210₹266
7 Mar 2025₹150₹198₹260
13 Mar 2025₹131₹189₹255
21 Mar 2025₹148₹180₹249
28 Mar 2025₹142₹174₹245
4 Apr 2025₹152₹171₹241
11 Apr 2025₹151₹167₹237
17 Apr 2025₹167₹167₹235
25 Apr 2025₹156₹167₹232
2 May 2025₹149₹165₹229
9 May 2025₹146₹161₹225
16 May 2025₹167₹161₹222
23 May 2025₹176₹164₹219
30 May 2025₹172₹166₹217
6 Jun 2025₹178₹168₹215
13 Jun 2025₹188₹171₹214
20 Jun 2025₹173₹172₹212
27 Jun 2025₹194₹175₹211
4 Jul 2025₹193₹178₹210
11 Jul 2025₹177₹179₹208
18 Jul 2025₹176₹178₹207
25 Jul 2025₹164₹177₹205
1 Aug 2025₹155₹174₹203
8 Aug 2025₹142₹169₹200
14 Aug 2025₹137₹165₹198
22 Aug 2025₹144₹161₹195
29 Aug 2025₹142₹158₹193
5 Sep 2025₹145₹156₹191
12 Sep 2025₹145₹154₹189
19 Sep 2025₹164₹153₹187
26 Sep 2025₹146₹153₹185
3 Oct 2025₹148₹152₹183
10 Oct 2025₹144₹150₹182
17 Oct 2025₹142₹149₹180
24 Oct 2025₹139₹148₹178
31 Oct 2025₹139₹146₹176
7 Nov 2025₹135₹145₹175
14 Nov 2025₹133₹143₹173
21 Nov 2025₹121₹140₹170
28 Nov 2025₹112₹135₹168
5 Dec 2025₹107₹130₹165
12 Dec 2025₹111₹126₹162
19 Dec 2025₹120₹125₹160
26 Dec 2025₹118₹124₹158
2 Jan 2026₹119₹123₹156
9 Jan 2026₹106₹121₹154
16 Jan 2026₹111₹119₹152
23 Jan 2026₹100₹116₹150
1 Feb 2026₹98₹113₹147
6 Feb 2026₹98₹110₹145
13 Feb 2026₹97₹108₹143
20 Feb 2026₹96₹106₹141
27 Feb 2026₹93₹104₹138
6 Mar 2026₹88₹102₹136
13 Mar 2026₹86₹99₹134
20 Mar 2026₹89₹97₹132
27 Mar 2026₹83₹95₹130
2 Apr 2026₹85₹94₹128
10 Apr 2026₹104₹94₹127
17 Apr 2026₹111₹97₹126
24 Apr 2026₹117₹101₹126
30 Apr 2026₹115₹103₹125
8 May 2026₹119₹106₹125
15 May 2026₹114₹107₹125
22 May 2026₹158₹111₹125
29 May 2026₹159₹117₹126
4 Jun 2026₹145₹123₹127
5 Jun 2026₹134₹123₹127
10 Jun 2026₹150₹126₹128
12 Jun 2026₹142₹127₹128
17 Jun 2026₹165₹131₹129
19 Jun 2026₹173₹134₹130
24 Jun 2026₹165₹138₹131
25 Jun 2026₹158₹139₹131
1 Jul 2026₹167₹142₹132
3 Jul 2026₹178₹144₹133
10 Jul 2026₹170₹148₹135
17 Jul 2026₹162₹151₹136
24 Jul 2026₹160₹154₹138
31 Jul 2026₹158₹155₹139
7 Aug 2026₹159₹157₹140
14 Aug 2026₹152₹155₹140
21 Aug 2026₹160₹155₹141
28 Aug 2026₹168₹156₹142
4 Sep 2026₹178₹158₹143
11 Sep 2026₹182₹162₹145
18 Sep 2026₹164₹163₹146
25 Sep 2026₹161₹163₹147
1 Oct 2026₹151₹161₹147
9 Oct 2026₹145₹159₹147
16 Oct 2026₹143₹157₹147
23 Oct 2026₹126₹153₹146
30 Oct 2026₹125₹149₹146
4 Nov 2026₹144₹149₹146
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

Price stage: Falling from Oct 2025 to Jun 2026; Rising from Jul 2026 to Oct 2026.

Price stage: Falling from Mar 2024 to May 2024; Rising from May 2024 to Nov 2024; Falling from Nov 2024 to Jun 2026; Rising from Jul 2026 to Oct 2026.

Week by week since 2024: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 49 of 132 weeks

Week by week since 2024: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
7 Mar 2024no NIFTY 500 reading
15 Mar 2024no NIFTY 500 reading
22 Mar 2024no NIFTY 500 reading
28 Mar 2024no NIFTY 500 reading
5 Apr 2024no NIFTY 500 reading
12 Apr 2024no NIFTY 500 reading
19 Apr 2024no NIFTY 500 reading
26 Apr 2024no NIFTY 500 reading
3 May 2024no NIFTY 500 reading
10 May 2024no NIFTY 500 reading
18 May 2024no NIFTY 500 reading
24 May 2024no NIFTY 500 reading
31 May 2024no NIFTY 500 reading
7 Jun 2024+15.9%
14 Jun 2024+26.9%
21 Jun 2024+77.1%
28 Jun 2024+119.1%
5 Jul 2024+107.0%
12 Jul 2024+70.4%
19 Jul 2024+37.7%
26 Jul 2024+51.6%
2 Aug 2024+41.9%
9 Aug 2024+53.3%
16 Aug 2024+28.5%
23 Aug 2024+39.5%
30 Aug 2024+10.3%
6 Sep 2024+7.5%
13 Sep 2024+1.1%
20 Sep 2024−27.7%
27 Sep 2024−36.3%
4 Oct 2024−39.2%
11 Oct 2024−28.5%
18 Oct 2024−24.3%
25 Oct 2024−28.3%
1 Nov 2024−27.7%
8 Nov 2024−13.1%
14 Nov 2024−16.4%
22 Nov 2024−28.6%
29 Nov 2024−25.3%
6 Dec 2024−17.5%
13 Dec 2024−16.8%
20 Dec 2024−11.9%
27 Dec 2024−12.1%
3 Jan 2025−12.3%
10 Jan 2025−12.7%
17 Jan 2025−17.3%
24 Jan 2025−15.2%
1 Feb 2025−20.5%
7 Feb 2025−38.9%
14 Feb 2025−37.4%
21 Feb 2025−27.4%
28 Feb 2025−32.4%
7 Mar 2025−32.1%
13 Mar 2025−41.3%
21 Mar 2025−36.2%
28 Mar 2025−37.0%
4 Apr 2025−29.2%
11 Apr 2025−38.1%
17 Apr 2025−34.0%
25 Apr 2025−37.1%
2 May 2025−37.1%
9 May 2025−31.7%
16 May 2025−10.1%
23 May 2025−3.4%
30 May 2025+4.2%
6 Jun 2025+3.8%
13 Jun 2025+33.3%
20 Jun 2025+7.2%
27 Jun 2025+25.7%
4 Jul 2025+11.7%
11 Jul 2025+7.9%
18 Jul 2025−0.4%
25 Jul 2025+0.2%
1 Aug 2025+1.6%
8 Aug 2025−3.6%
14 Aug 2025−19.8%
22 Aug 2025−18.3%
29 Aug 2025−17.7%
5 Sep 2025−17.2%
12 Sep 2025−25.1%
19 Sep 2025−4.8%
26 Sep 2025−22.0%
3 Oct 2025−21.7%
10 Oct 2025−18.2%
17 Oct 2025−20.8%
24 Oct 2025−18.9%
31 Oct 2025−14.9%
7 Nov 2025−9.9%
14 Nov 2025−6.4%
21 Nov 2025−21.2%
28 Nov 2025−25.1%
5 Dec 2025−27.6%
12 Dec 2025−23.4%
19 Dec 2025−29.7%
26 Dec 2025−23.5%
2 Jan 2026−23.2%
9 Jan 2026−26.7%
16 Jan 2026−17.8%
23 Jan 2026−24.5%
1 Feb 2026−28.7%
6 Feb 2026−27.1%
13 Feb 2026−26.1%
20 Feb 2026−18.7%
27 Feb 2026−11.5%
6 Mar 2026−13.7%
13 Mar 2026−16.2%
20 Mar 2026−16.2%
27 Mar 2026−17.0%
2 Apr 2026−21.0%
10 Apr 2026+1.5%
17 Apr 2026−0.2%
24 Apr 2026+17.8%
30 Apr 2026+19.7%
8 May 2026+26.9%
15 May 2026+22.6%
22 May 2026+68.2%
29 May 2026+70.5%
4 Jun 2026+64.2%
5 Jun 2026+53.7%
10 Jun 2026+63.8%
12 Jun 2026+62.4%
17 Jun 2026+89.8%
19 Jun 2026+63.4%
24 Jun 2026+47.7%
25 Jun 2026+34.0%
1 Jul 2026+43.6%
3 Jul 2026+45.7%
10 Jul 2026+45.8%
17 Jul 2026−0.7%
24 Jul 2026−0.6%
31 Jul 2026+4.8%
7 Aug 2026+13.2%
14 Aug 2026−2.9%
21 Aug 2026+8.6%
28 Aug 2026+0.1%
4 Sep 2026+2.6%
11 Sep 2026+11.5%
18 Sep 2026+4.7%
25 Sep 2026−0.3%
1 Oct 2026−8.9%
9 Oct 2026−8.1%
16 Oct 2026−6.6%
23 Oct 2026−15.0%
30 Oct 2026−14.4%
4 Nov 2026−2.0%
Each bar is one week, from 2024 to now (132 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 2.7 years the share price moved −37% while the NIFTY 500 moved +11%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 18 September 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Exicom Tele-Systems this quarter?

Three changes stood out: indian funds and insurers (DIIs) cut their stake for 4 quarters in a row, operating margin up 12 points on a year earlier and revenue up on a year earlier for 4 quarters in a row.

  1. Indian funds and insurers (DIIs) cut their stake for 4 quarters in a row

    From 3.9% to 0.3% of the company by the September 2026 quarter.

  2. Operating margin up 12 points on a year earlier

    -7% in the June 2026 quarter, from -19%.

    Why: More sales in India and at Tritium lifted operating profit before interest, tax and some other costs.

    Next results: check whether the company breaks even in Q2 or Q3.

    From the earnings call on 10 Aug 2026.

  3. Revenue up on a year earlier for 4 quarters in a row

    In the June 2026 quarter revenue was ₹331 crore, +61.5% on a year earlier.

    Why: Critical Power brought the growth, with more business from private phone companies, BharatNet, exports and battery storage.

    Next results: check export mix, BharatNet work and battery storage order conversion.

    From the earnings call on 10 Aug 2026.

What are Exicom Tele-Systems' latest quarterly results?

For April to June 2026 (the quarter ended 30 June 2026), Exicom Tele-Systems reported revenue of ₹331 crore, up 61.5% from ₹205 crore a year earlier, and a loss of ₹74.0 crore.

Exicom Tele-Systems results: April to June 2026 against a year earlier

Exicom Tele-Systems results: April to June 2026 against a year earlier
MeasureApril to June 2026April to June 2025Change
Revenue₹331 crore₹205 crore+61.5%
Profitloss of ₹74.0 croreloss of ₹83.0 crore—
Earnings per share₹−5.29₹−5.98—
Operating margin−7.0%−19.0%+12.0 points

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Exicom Tele-Systems' management discussed these results on a call held on 10 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

What is the Exicom Tele-Systems share price history?

Exicom Tele-Systems closed at ₹143.57 on 4 November 2026, up 6.3% from ₹135.05 a year earlier (7 November 2025). Its highest weekly close since March 2024 was ₹467.95 on 5 July 2024.

Exicom Tele-Systems share price: then and now

Exicom Tele-Systems share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹125.06+14.8%
1 month ago · 1 Oct 2026₹151.10−5.0%
6 months ago · 8 May 2026₹119.35+20.3%
1 year ago · 7 Nov 2025₹135.05+6.3%
Earliest weekly close in our records · 7 Mar 2024₹229.26−37.4%
Highest weekly close since March 2024 · 5 Jul 2024₹467.95−69.3%
Lowest weekly close since March 2024, also the 52-week low · 27 Mar 2026₹83.22+72.5%
52-week high (weekly close) · 11 Sep 2026₹182.28−21.2%

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

145 weekly closes from 7 March 2024 to 4 November 2026.

What is the latest news on Exicom Tele-Systems?

4 Nov 2026: Exicom Tele-Systems closed at ₹143.57, up 14.8% on the week and down 5.0% on the month. 10 Aug 2026: Exicom Tele-Systems held its results call for April to June 2026. Management guided: Critical Power exports planned at roughly 15% of segment sales within the current financial year from 8% in Q1; BharatNet carries ₹700 crore open orders and an ₹800 crore service opportunity over 10 years; BSNL Phase 2 is estimated at ₹90-100 crore.

Earlier

  • Results for April to June 2026: Revenue up 61.5% on a year earlier.

What dividend does Exicom Tele-Systems pay?

Exicom Tele-Systems has paid no dividend on the NSE since its first NSE close in our records (7 March 2024), the start of the period we checked.

No. Exicom Tele-Systems Ltd paid out 0% of its profit as dividends in each of its last 6 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

What did Exicom Tele-Systems management say on the latest results call?

On the call for April to June 2026, held on 10 August 2026, Exicom Tele-Systems' management guided: Critical Power exports planned at roughly 15% of segment sales within the current financial year from 8% in Q1; BharatNet carries ₹700 crore open orders and an ₹800 crore service opportunity over 10 years; BSNL Phase 2 is estimated at ₹90-100 crore.

“However, based on the order book that Tritium has today and the order book that Exicom Tele-Systems Ltd. has today, I still expect Tritium EBITDA breakeven in Q4 FY27. On a consolidated basis, breakeven may occur over the next 2 quarters itself. …”Ananth Nahata, MD & CEO, on the call for April to June 2026

What management guided

  • Commercial and industrial BESS execution to scale in H2 after battery-supply normalization; order booking momentum expected to continue through Q3 and Q4.
  • Tritium planned at 3x revenue growth versus last year and operating profit breakeven in January to March 2027; January to March 2026 was separately described as the revenue/profitability starting point.
  • Consolidated operating profit breakeven expected in Q2 or Q3, with the exact quarter unspecified.
  • AC charger monthly production run rate to rise nearly 50% over the next 3 months, followed by another 50% increase.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 10 August 2026.

What to watch in Exicom Tele-Systems' next results?

When Exicom Tele-Systems reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Tritium strategic-product trials - check whether qualification converts into signed contracts and revenue from the commercial pipeline.

Exicom Tele-Systems: what to watch next quarter
What to check (from the call)
Tritium strategic-product trials - check whether qualification converts into signed contracts and revenue from the commercial pipeline.
Consolidated operating profit trajectory - check whether losses narrow toward the stated near-term breakeven window.
Hyderabad transition - check fixed-cost absorption, inventory normalization and material availability as Gurgaon operations wind down.
Critical Power pipeline - check export mix, BharatNet execution and BESS backlog conversion in the next print.

Which stock lists is Exicom Tele-Systems on?

Exicom Tele-Systems is not on any of our India lists this week.

Is Exicom Tele-Systems profitable?

Exicom Tele-Systems Ltd posted a net loss of ₹74.0 Cr in the Jun 2026 quarter. The full FY26 year was a loss of ₹274 Cr. That loss is 22.4% of the quarter's revenue. The same quarter a year earlier lost ₹83.0 Cr. 8 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

FY26 profit −₹274 Cr

  • Net profit −₹274
FY26 profit −₹274 Cr
QuarterNet profit
FY21₹3
FY22₹5
FY23₹8
FY24₹64
FY25−₹110
FY26−₹274

Growth on a year earlier

  • Growth on a year earlier −271.9%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2266.7%
FY2360%
FY24700%
FY25−271.9%
FY26–
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 6-year window. A grey bar is lower than the year before.

Jun 2026: −₹74.0 Cr

  • Net profit (quarterly) −₹74.0
Jun 2026: −₹74.0 Cr
QuarterNet profit (quarterly)
Sep 2023₹18
Dec 2023₹9
Mar 2024₹27
Jun 2024₹18
Sep 2024−₹17
Dec 2024−₹49
Mar 2025−₹62
Jun 2025−₹83
Sep 2025−₹69
Dec 2025−₹68
Mar 2026−₹54
Jun 2026−₹74

Growth on a year earlier

  • Growth on a year earlier −561.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 202350%
Mar 2024−3.6%
Jun 202480%
Sep 2024−194.4%
Dec 2024−644.4%
Mar 2025−329.6%
Jun 2025−561.1%
Sep 2025–
Dec 2025–
Mar 2026–
Jun 2026–
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

How much revenue does Exicom Tele-Systems make, and is it growing?

Exicom Tele-Systems Ltd reported ₹331 Cr of revenue in the Jun 2026 quarter, +61.5% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 5 years it has grown 17.6% a year on average. The last full year, FY26, came in at ₹1,152 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,278 Cr.

FY26 revenue was ₹1,152 Cr, +32.7% on the year before.

FY26 revenue ₹1,152 Cr (+32.7% on the year before), 17.6% a year over 5 years

  • Revenue ₹1,152
FY26 revenue ₹1,152 Cr (+32.7% on the year before), 17.6% a year over 5 years
QuarterRevenue
FY21₹513
FY22₹843
FY23₹708
FY24₹1,020
FY25₹868
FY26₹1,152

Growth on a year earlier

  • Growth on a year earlier 32.7%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2264.3%
FY23−16%
FY2444.1%
FY25−14.9%
FY2632.7%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 6-year window. A grey bar is lower than the year before.

Jun 2026: ₹331 Cr (+61.5% on a year earlier), the 4th quarter in a row of growth

  • Revenue (quarterly) ₹331
Jun 2026: ₹331 Cr (+61.5% on a year earlier), the 4th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023₹190
Dec 2023₹264
Mar 2024₹301
Jun 2024₹252
Sep 2024₹153
Dec 2024₹197
Mar 2025₹266
Jun 2025₹205
Sep 2025₹282
Dec 2025₹277
Mar 2026₹388
Jun 2026₹331

Growth on a year earlier

  • Growth on a year earlier 61.5%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 202380.8%
Mar 2024−13%
Jun 2024−4.9%
Sep 2024−19.5%
Dec 2024−25.4%
Mar 2025−11.6%
Jun 2025−18.7%
Sep 202584.3%
Dec 202540.6%
Mar 202645.9%
Jun 202661.5%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +58.1% on average, against 17.6% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +55.7%, against +12.7% a year over the last 8 quarters (accelerating).

How much of every ₹100 of sales does Exicom Tele-Systems keep?

Exicom Tele-Systems Ltd's operating margin was −7.0% in the Jun 2026 quarter, 12.0 percentage points higher than the same quarter a year ago. Across 6 years it has been between −9.0% and 11.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +12.2 percentage points on the year while gross margin changed −7.8 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26: −9.0%, within a range of −9.0% to 11.0% over 6 years

  • Operating margin −9.0%
FY26: −9.0%, within a range of −9.0% to 11.0% over 6 years
QuarterOperating margin
FY216%
FY228%
FY238%
FY2411%
FY25−4.3%
FY26−9%

Change on the year before (points)

  • Change on the year before (points) −4.7 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22+2.0 pts
FY230.0 pts
FY24+3.0 pts
FY25−15.3 pts
FY26−4.7 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 6-year window.

Jun 2026: operating margin −7.0% (+12.0 points on a year earlier)

  • Operating margin −7.0%
Jun 2026: operating margin −7.0% (+12.0 points on a year earlier)
QuarterOperating margin
Sep 202312%
Dec 202312%
Mar 202413%
Jun 202410%
Sep 2024−10%
Dec 2024−16%
Mar 2025−6%
Jun 2025−19%
Sep 2025−12%
Dec 2025−12%
Mar 20260.1%
Jun 2026−7%

Change on a year earlier (points)

  • Change on a year earlier (points) +12.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023–
Dec 2023+1.0 pts
Mar 2024+4.0 pts
Jun 2024+3.0 pts
Sep 2024−22.0 pts
Dec 2024−28.0 pts
Mar 2025−19.0 pts
Jun 2025−29.0 pts
Sep 2025−2.0 pts
Dec 2025+4.0 pts
Mar 2026+6.1 pts
Jun 2026+12.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Exicom Tele-Systems' profit turning into cash?

Over the last 3 years, 113% of Exicom Tele-Systems Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 its operations used ₹87.0 Cr of cash, against −₹274 Cr of profit. After ₹319 Cr of spending on assets, free cash was −₹406 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash −₹87.0 Cr against profit −₹274 Cr; 113% of 3 years' profit came in as cash

  • Operating cash −₹87.0
  • Net profit −₹274
  • Free cash −₹406
FY26: operating cash −₹87.0 Cr against profit −₹274 Cr; 113% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21−₹13₹3–
FY22₹56₹5₹34
FY23₹3₹8₹22
FY24₹28₹64−₹21
FY25−₹169−₹110–
FY26−₹87−₹274−₹406
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 6-year window, yearly figures. FY25 was an acquisition year, so its point is cut off at the edge.

FY26: operating cash was 44% of profit (113% over three years)

  • Operating cash as % of profit 44%
  • Break-even line 100%
FY26: operating cash was 44% of profit (113% over three years)
QuarterOperating cash as % of profitBreak-even line
FY21−433%100%
FY22300%100%
FY2338%100%
FY2444%100%
FY25–100%
FY26–100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.

Why 113% of profit came in as cash: the cash cycle got 84 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 5.1× depreciation over three years. The next section checks what that spending is building.

Where does Exicom Tele-Systems' cash go?

Exicom Tele-Systems Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 152 days in FY26, up from 68 days in FY21. It spent ₹975 Cr on assets over the last 3 years. Customers take 130 days to pay, and stock sits for 193 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,152 Cr, each day of that cycle ties up about ₹3.2 Cr, so roughly ₹480 Cr is tied up in the business at any time.

FY26: customers took 130 days to pay and stock sat for 193 days, about 6.3 months of sales sitting as stock, for a full cycle of 152 days, longer than FY21's 68.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 193 days. Customers pay about 130 days after that. Suppliers are paid at 171 days. Together that makes the 152-day cycle.

FY26: a 152-day cash cycle, +84 days compared with FY21

  • Cash cycle 152d
  • Inventory days 193d
  • Debtor days 130d
  • Payable days 171d
FY26: a 152-day cash cycle, +84 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY2168d110d234d275d
FY2257d76d73d93d
FY2354d90d162d199d
FY2476d98d79d101d
FY25184d177d140d133d
FY26152d193d130d171d
Debtor days, inventory days, payable days and the full cash cycle, each year. 6-year window.

Spending on assets: ₹975 Cr over the last 3 years, against ₹191 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹7.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹319 Cr, work in progress ₹7.0 Cr, a build-out

  • Capex ₹319
  • Work-in-progress ₹7.0
FY26: capex ₹319 Cr, work in progress ₹7.0 Cr, a build-out
QuarterCapexWork-in-progress
FY22₹22₹18
FY23−₹19₹5
FY24₹49₹22
FY25₹607₹79
FY26₹319₹7
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Exicom Tele-Systems' P/E ratio, and how does it compare with its own history?

Exicom Tele-Systems Ltd's P/E is 85.3×, in the middle of its own history: higher than 40% of past readings. Its usual P/E (the middle reading) is 90.7×, over 11 months of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 85.3× against a usual 90.7×: in the middle of its own history: higher than 40% of past readings

  • P/E 85.3×
  • Median 90.7×
P/E 85.3× against a usual 90.7×: in the middle of its own history: higher than 40% of past readings
WeekP/EMedian
7 Mar 2024272.0×90.7×
15 Mar 2024272.0×90.7×
22 Mar 2024272.0×90.7×
28 Mar 2024272.0×90.7×
5 Apr 2024272.0×90.7×
12 Apr 2024272.0×90.7×
19 Apr 2024272.0×90.7×
26 Apr 2024272.0×90.7×
3 May 2024272.0×90.7×
10 May 2024272.0×90.7×
18 May 2024272.0×90.7×
24 May 2024272.0×90.7×
31 May 202465.5×90.7×
7 Jun 202463.6×90.7×
14 Jun 202466.7×90.7×
21 Jun 202484.7×90.7×
28 Jun 202495.0×90.7×
5 Jul 2024101.7×90.7×
12 Jul 202493.1×90.7×
19 Jul 202490.5×90.7×
26 Jul 202495.4×90.7×
2 Aug 202492.8×90.7×
9 Aug 202478.1×90.7×
16 Aug 202472.7×90.7×
23 Aug 202474.0×90.7×
30 Aug 202471.1×90.7×
6 Sep 202464.2×90.7×
13 Sep 202463.9×90.7×
20 Sep 202460.4×90.7×
27 Sep 202458.5×90.7×
4 Oct 202456.9×90.7×
11 Oct 202460.3×90.7×
18 Oct 202460.1×90.7×
25 Oct 202457.5×90.7×
1 Nov 202459.8×90.7×
8 Nov 202465.3×90.7×
14 Nov 2024108.8×90.7×
22 Nov 202496.0×90.7×
29 Nov 202498.5×90.7×
6 Dec 2024101.1×90.7×
13 Dec 202497.4×90.7×
20 Dec 202493.0×90.7×
27 Dec 202490.2×90.7×
3 Jan 202589.7×90.7×
10 Jan 202590.8×90.7×
17 Jan 202588.3×90.7×
24 Jan 202586.6×90.7×
1 Feb 202585.3×90.7×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹3
Earnings per share, 12 months
WeekEarnings per share, 12 months
7 Mar 2024–
15 Mar 2024–
22 Mar 2024–
28 Mar 2024₹1
5 Apr 2024₹1
12 Apr 2024₹1
19 Apr 2024₹1
26 Apr 2024₹1
3 May 2024₹1
10 May 2024₹1
18 May 2024₹1
24 May 2024₹1
31 May 2024₹1
7 Jun 2024₹1
14 Jun 2024₹1
21 Jun 2024₹1
28 Jun 2024₹5
5 Jul 2024₹5
12 Jul 2024₹5
19 Jul 2024₹5
26 Jul 2024₹5
2 Aug 2024₹5
9 Aug 2024₹5
16 Aug 2024₹5
23 Aug 2024₹5
30 Aug 2024₹5
6 Sep 2024₹5
13 Sep 2024₹5
20 Sep 2024₹5
27 Sep 2024₹5
4 Oct 2024₹5
11 Oct 2024₹5
18 Oct 2024₹5
25 Oct 2024₹5
1 Nov 2024₹5
8 Nov 2024₹5
14 Nov 2024₹5
22 Nov 2024₹5
29 Nov 2024₹5
6 Dec 2024₹5
13 Dec 2024₹5
20 Dec 2024₹5
27 Dec 2024₹3
3 Jan 2025₹3
10 Jan 2025₹3
17 Jan 2025₹3
24 Jan 2025₹3
1 Feb 2025₹3
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 11 months of history; short peaks above 272× are drawn at the top edge.
85.3×P/E · lower than 60% of its last 11 months
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

Is the Exicom Tele-Systems business getting better or worse?

Exicom Tele-Systems Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 8 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +32.7% in FY26

  • Revenue growth 32.7%
Growth year by year: revenue +32.7% in FY26
QuarterRevenue growth
FY21–
FY2264.3%
FY23−16%
FY2444.1%
FY25−14.9%
FY2632.7%

Profit growth, EPS growth

  • Profit growth −271.9%
  • EPS growth −272.2%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY2266.7%48.6%
FY2360%53.8%
FY24300%300%
FY25−271.9%−272.2%
FY26––
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue accelerating

  • Revenue 55.7%
Three growth lines over twelve quarters: revenue accelerating
QuarterRevenue
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 20242.4%
Dec 2024−15.2%
Mar 2025−14.9%
Jun 2025−18.5%
Sep 2025−2.1%
Dec 202514.1%
Mar 202632.7%
Jun 202655.7%

Profit, EPS

  • Profit −300%
  • EPS −300%
Profit, EPS
QuarterProfitEPS
Sep 2023––
Dec 202350%–
Mar 2024−3.6%–
Jun 202480%–
Sep 2024−194.4%−93.3%
Dec 2024−300%−104%
Mar 2025−300%−244.7%
Jun 2025−300%−300%
Sep 2025–−300%
Dec 2025––
Mar 2026––
Jun 2026––
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 3.3%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 202325.6%
Dec 202330.1%
Mar 202420.8%
Jun 202422.4%
Sep 202412.4%
Dec 20243.3%
Mar 2025–
Jun 2025–
Sep 2025–
Dec 2025–
Mar 2026–
Jun 2026–
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RisingRevenue growth · latest +55.7%, range −18.5% to +55.7%
FallingROCE · latest 3.3%, range 3.3% to 30.1%

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+32.7%+17.6%+17.6%—
Share price+6.3%———
+61.5%Revenue growth (Jun 2026) · latest quarter against a year ago
17.6%Revenue, 5 years · yearly growth over the long run

How much does Exicom Tele-Systems earn on its capital?

Exicom Tele-Systems Ltd earned a ROCE of −15% in FY26. Its return on capital used (ROIC) is 28.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −23.8% net margin and 0.58× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a −23.8% net margin × 0.58× asset turnover × 3.06× leverage (assets divided by equity) ≈ −42.2% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: −16.5% − 12.0% = −28.5 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

FY26: ROCE −15%, the full history

  • ROCE −15%
  • ROIC (annual) −16.8%
  • Cost of capital 12%
FY26: ROCE −15%, the full history
QuarterROCEROIC (annual)Cost of capital
FY2217%13.7%12%
FY2315%16.3%12%
FY2420%14.4%12%
FY25−6%−9.4%12%
FY26−15%−16.8%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q4 FY26: ROCE −20.1% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) −20.1%
  • ROIC (12 months) −18.5%
  • Cost of capital 12.0%
Q4 FY26: ROCE −20.1% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q4 FY2317.6%–12%
Q2 FY2424.1%–12%
Q3 FY24––12%
Q4 FY2413.9%–12%
Q1 FY25––12%
Q2 FY256.7%–12%
Q4 FY25−8.2%–12%
Q1 FY26––12%
Q2 FY26−18.6%–12%
Q3 FY26–−19.3%12%
Q4 FY26−20.1%−20.1%12%
Q1 FY27–−18.5%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Exicom Tele-Systems have too much debt?

Exicom Tele-Systems Ltd has total debt of ₹713 Cr against shareholder equity of ₹651 Cr as of Jun 2026, so its debt is 1.10× its equity. Year by year, that ratio went from 0.57 in FY23 to 1.10 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹713 Cr, 1.10× equity

  • Total debt ₹713
FY26: debt ₹713 Cr, 1.10× equity
QuarterTotal debt
FY23₹133
FY24₹46
FY25₹707
FY26₹713

Debt-to-equity

  • Debt-to-equity 1.10×
Debt-to-equity
QuarterDebt-to-equity
FY230.57×
FY240.06×
FY251.15×
FY261.10×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 4-year window.

Jun 2026: debt ₹713 Cr, debt-to-equity 1.10

  • Total debt (quarterly) ₹713
Jun 2026: debt ₹713 Cr, debt-to-equity 1.10
QuarterTotal debt (quarterly)
Mar 2023₹133
Jun 2023₹133
Sep 2023₹86
Mar 2024₹46
Sep 2024₹620
Dec 2024₹620
Mar 2025₹707
Jun 2025₹707
Sep 2025₹582
Dec 2025₹582
Mar 2026₹713
Jun 2026₹713

Debt-to-equity

  • Debt-to-equity 1.10×
Debt-to-equity
QuarterDebt-to-equity
Mar 20230.57×
Jun 20230.57×
Sep 20230.28×
Mar 20240.06×
Sep 20240.85×
Dec 20240.85×
Mar 20251.15×
Jun 20251.15×
Sep 20250.78×
Dec 20250.78×
Mar 20261.10×
Jun 20261.10×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Exicom Tele-Systems shareholding pattern?

Domestic institutions cut their stake in Exicom Tele-Systems Ltd by 6.2 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 0.3% of the company. Promoters moved −4.4 points over the same period, to 65.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: −6.2 points over 8 quarters, to 0.3%; Promoters: −4.4 points over 8 quarters, to 65.2%; Foreign institutions: +0.0 points over 8 quarters, to 1.0%.

Why the owners changed: domestic institutions drove it (−6.2 points), together with promoters (−4.4 points). They reduced their stake.

Year ends: promoters −3.1 points from Mar 2024 to Mar 2026

  • Promoters 66.47%
  • Foreign inst. 0.2%
  • Domestic inst. 3.46%
  • Public 29.86%
Year ends: promoters −3.1 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202469.57%1.53%10.19%18.71%
Mar 202569.57%0.6%3.79%26.03%
Mar 202666.47%0.2%3.46%29.86%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Domestic institutions cut their stake by 6.2 points over 8 quarters

  • Promoters 65.2%
  • Foreign inst. 0.97%
  • Domestic inst. 0.25%
  • Public 33.6%
Domestic institutions cut their stake by 6.2 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202469.57%1.53%10.19%18.71%
Jun 202469.57%1%8.49%20.93%
Sep 202469.57%0.95%6.48%22.99%
Dec 202469.57%0.74%5.66%24.04%
Mar 202569.57%0.6%3.79%26.03%
Jun 202569.5%0.48%3.82%26.18%
Sep 202566.47%0.52%3.88%29.13%
Dec 202566.47%0.06%3.68%29.78%
Mar 202666.47%0.2%3.46%29.86%
Jun 202665.2%0.2%0.31%34.29%
Sep 202665.2%0.97%0.25%33.6%
Shareholding by owner group, % of the company, each quarter, last 11 quarters.

How far is Exicom Tele-Systems from balance-sheet trouble?

For Exicom Tele-Systems Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Exicom Tele-Systems rank in its industry?

38.9 out of 100, rank 17 of 19 in Capital Goods - Electric General, with 68% of the evidence available.

Exicom Tele-Systems Ltd scores 38.9 out of 100 against the 19 companies it is compared with in Capital Goods - Electric General, ranking 17. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 19.7 + 0 + 10 + 9.2 = 38.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Exicom Tele-Systems compared with?

Exicom Tele-Systems ranks 17 of 19 Capital Goods - Electric General companies on the 4-Factor Sector Score, with 38.9 out of 100.

  1. 1Modison LtdMODISONLTD · leader · Most evidence points up · 100% evidence78.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.1/35 · Revenue 84.9% · Profit 100% · Operating margin change -2 points · 100% evidenceCapital efficiency 17.1/25 · ROCE 31% · Operating margin 11% · 100% evidenceValuation 15.1/20 · P/E 9.6× · PEG 0.46 · 100% evidenceRelative strength 18.7/20 · Lead over its industry 47.3% · Lead over NIFTY 500 46.8% · 1 year 128.5% · 100% evidence · 12 of 12 weeks aheadExact sum: 27.1 + 17.1 + 15.1 + 18.7 = 78 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2Rishabh Instruments LtdRISHABH · leader · Most evidence points up · 96% evidence68.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.8/35 · Revenue 5.8% · Profit 100% · Operating margin change 2 points · 88% evidenceCapital efficiency 16.9/25 · ROCE 14.5% · Operating margin 17% · 100% evidenceValuation 10.8/20 · P/E 30× · PEG 1.24 · 100% evidenceRelative strength 16.3/20 · Lead over its industry 22.8% · Lead over NIFTY 500 25.5% · 1 year 52.4% · 100% evidence · 12 of 12 weeks aheadExact sum: 24.8 + 16.9 + 10.8 + 16.3 = 68.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  3. 3Spectrum Electrical Industries LtdSPECTRUM · leader · Most evidence points up · 89% evidence68.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.3/35 · Revenue 40.8% · Profit 92.3% · Operating margin change 1 points · 88% evidenceCapital efficiency 17.2/25 · ROCE 17.8% · Operating margin 15% · 100% evidenceValuation 6.7/20 · P/E 135× · PEG 1.9 · 65% evidenceRelative strength 20.0/20 · Lead over its industry 119.7% · Lead over NIFTY 500 122.5% · 1 year 158.8% · 100% evidence · 12 of 12 weeks aheadExact sum: 24.3 + 17.2 + 6.7 + 20 = 68.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  4. 4Modern Insulators LtdMODINSULAT · turning · Most evidence points up · 78% evidence68.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 29.5/35 · Revenue 41.6% · Profit 100% · Operating margin change 8 points · 83% evidenceCapital efficiency 18.3/25 · ROCE 19.3% · Operating margin 17% · 76% evidenceValuation 7.7/20 · P/E 22.4× · PEG — · 50% evidenceRelative strength 12.6/20 · Lead over its industry 35.3% · Lead over NIFTY 500 36.4% · 1 year 195.4% · 100% evidence · 4 of 12 weeks aheadExact sum: 29.5 + 18.3 + 7.7 + 12.6 = 68.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  5. 5V-Guard Industries LtdVGUARD · quiet · Evidence leans up · 100% evidence62.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.7/35 · Revenue 21.5% · Profit 41.7% · Operating margin change 1 points · 100% evidenceCapital efficiency 16.1/25 · ROCE 18.4% · Operating margin 9% · 100% evidenceValuation 14.7/20 · P/E 28.7× · PEG 1.12 · 100% evidenceRelative strength 7.3/20 · Lead over its industry -12.4% · Lead over NIFTY 500 -7.7% · 1 year -22.7% · 100% evidence · 5 of 12 weeks aheadExact sum: 24.7 + 16.1 + 14.7 + 7.3 = 62.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Insolation Energy LtdINA · quiet · Evidence leans up · 81% evidence59.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.3/35 · Revenue 81.7% · Profit 45.2% · Operating margin change -6 points · 88% evidenceCapital efficiency 16.5/25 · ROCE 22.4% · Operating margin 10% · 100% evidenceValuation 19.5/20 · P/E 7.8× · PEG 0.23 · 100% evidenceRelative strength 7.5/20 · Lead over its industry — · Lead over NIFTY 500 -36.5% · 1 year -61.5% · 25% evidence · 0 of 12 weeks aheadExact sum: 16.3 + 16.5 + 19.5 + 7.5 = 59.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Alpex Solar LtdALPEXSOLAR · quiet · Evidence leans up · 64% evidence57.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.7/35 · Revenue 100% · Profit 61.3% · Operating margin change -1 points · 88% evidenceCapital efficiency 19.7/25 · ROCE 44.8% · Operating margin 15% · 100% evidenceValuation 11.3/20 · P/E 8.4× · PEG — · 15% evidenceRelative strength 7.9/20 · Lead over its industry — · Lead over NIFTY 500 -21.8% · 1 year -45% · 25% evidence · 1 of 12 weeks aheadExact sum: 18.7 + 19.7 + 11.3 + 7.9 = 57.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Ravindra Energy LtdRELTD · quiet · Evidence leans up · 79% evidence54.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.3/35 · Revenue 28.2% · Profit 53% · Operating margin change 14.6 points · 88% evidenceCapital efficiency 15.3/25 · ROCE 14.4% · Operating margin 31.8% · 100% evidenceValuation 9.4/20 · P/E 44.7× · PEG — · 15% evidenceRelative strength 4.1/20 · Lead over its industry -8.7% · Lead over NIFTY 500 -4.4% · 1 year -16.4% · 100% evidence · 5 of 12 weeks aheadExact sum: 25.3 + 15.3 + 9.4 + 4.1 = 54.1 · What this means: Earnings are strong; relative strength in its sector is -8.7% and the one-year return is -16.4%.
  9. 9IKIO Technologies LtdIKIO · quiet · Evidence leans up · 78% evidence53.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.2/35 · Revenue 34.5% · Profit 100% · Operating margin change 4 points · 83% evidenceCapital efficiency 9.5/25 · ROCE 9.5% · Operating margin 13% · 76% evidenceValuation 13.1/20 · P/E 26.8× · PEG — · 50% evidenceRelative strength 5.5/20 · Lead over its industry -5.4% · Lead over NIFTY 500 -1.9% · 1 year -22.8% · 100% evidence · 7 of 12 weeks aheadExact sum: 25.2 + 9.5 + 13.1 + 5.5 = 53.3 · What this means: Earnings are strong; relative strength in its sector is -5.4% and the one-year return is -22.8%.
  10. 10Siemens LtdSIEMENS · losing its lead · Evidence leans up · 78% evidence50.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.3/35 · Revenue 13.2% · Profit 33.7% · Operating margin change -4 points · 83% evidenceCapital efficiency 17.2/25 · ROCE 21.4% · Operating margin 9% · 76% evidenceValuation 5.5/20 · P/E 78.2× · PEG — · 50% evidenceRelative strength 8.8/20 · Lead over its industry -4.2% · Lead over NIFTY 500 -0.3% · 1 year 6.7% · 100% evidence · 7 of 12 weeks aheadExact sum: 19.3 + 17.2 + 5.5 + 8.8 = 50.8 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.
  11. 11Swelect Energy Systems LtdSWELECTES · turning · Evidence leans down · 89% evidence48.9out of 100GrowthCapitalValuationRelative
  12. 12HPL Electric & Power LtdHPL · quiet · Evidence leans down · 81% evidence48.3out of 100GrowthCapitalValuationRelative
  13. 13Kirloskar Electric Company LtdKECL · quiet · Evidence leans down · 79% evidence43.3out of 100GrowthCapitalValuationRelative
  14. 14Salzer Electronics LtdSALZERELEC · quiet · Evidence leans down · 81% evidence41.4out of 100GrowthCapitalValuationRelative
  15. 15Servotech Renewable Power System LtdSERVOTECH · basing · Evidence leans down · 78% evidence39.7out of 100GrowthCapitalValuationRelative
  16. 16Honda India Power Products LtdHONDAPOWER · quiet · Evidence leans down · 81% evidence39.4out of 100GrowthCapitalValuationRelative
  17. 17Exicom Tele-Systems Ltd this pageEXICOM · quiet · Evidence leans down · 68% evidence38.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.7/35 · Revenue 55.7% · Profit -25.6% · Operating margin change 12 points · 65% evidenceCapital efficiency 0.0/25 · ROCE -14.7% · Operating margin -7% · 100% evidenceValuation 10.0/20 · P/E — · PEG — · 0% evidenceRelative strength 9.2/20 · Lead over its industry -1.4% · Lead over NIFTY 500 1.1% · 1 year -9.9% · 100% evidence · 4 of 12 weeks aheadExact sum: 19.7 + 0 + 10 + 9.2 = 38.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  18. 18Focus Lighting & Fixtures LtdFOCUS · Most evidence points down · 69% evidence24.4out of 100GrowthCapitalValuationRelative
  19. 19Igarashi Motors India LtdIGARASHI · quiet · Most evidence points down · 89% evidence23.4out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Capital Goods - Electric General, all 19 compared on one page.

Which companies are close to Exicom Tele-Systems in size?

Exicom Tele-Systems is the 7th largest of 19 Capital Goods - Electric General companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Ravindra Energy, Rishabh Instruments and Honda India Power Products. Just below it: Alpex Solar, Insolation Energy and HPL Electric & Power.

Capital Goods - Electric General companies close in size

  1. Ravindra Energy Ltd ₹2,671 crore
  2. Rishabh Instruments Ltd ₹2,424 crore
  3. Honda India Power Products Ltd ₹1,777 crore
  4. Exicom Tele-Systems Ltd ₹1,740 crore
  5. Alpex Solar Ltd ₹1,687 crore
  6. Insolation Energy Ltd ₹1,518 crore
  7. HPL Electric & Power Ltd ₹1,452 crore

All 19 Capital Goods - Electric General companies, largest first

Companies close in size in other industries

  1. NINtec Systems Ltd ₹1,745 crore · IT - Software
  2. Nitco Ltd ₹1,741 crore · Ceramics/Tiles/Sanitaryware
  3. Exicom Tele-Systems Ltd ₹1,740 crore
  4. Euro Pratik Sales Ltd ₹1,736 crore · Trading
  5. Gaja Alternative Asset Management Ltd ₹1,735 crore

What else do people ask about Exicom Tele-Systems?

What is Exicom Tele-Systems's share price today?

Exicom Tele-Systems Ltd's share price is ₹143.57, +6.3% over the past year. The whole company is worth ₹1,998 Cr on the market.

In the last 52 weeks it traded between ₹83 to ₹182; today it is 61% of the way up from the low, 1.4% below its 200-day average (as of 4 November 2026).

What were Exicom Tele-Systems's latest quarterly results?

Exicom Tele-Systems Ltd reported revenue of ₹331 Cr and a net loss of ₹74.0 Cr for the Jun 2026 quarter. Earnings per share were −₹5.29. The operating margin was −7.0%, 12.0 percentage points higher than a year earlier (as of 4 November 2026).

What is Exicom Tele-Systems's market cap?

Exicom Tele-Systems Ltd's market capitalisation is ₹1,998 Cr at a share price of ₹143.57. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Exicom Tele-Systems performing?

Exicom Tele-Systems Ltd's share price has been rising for 20 weeks. Over the past 13 weeks it has done worse than the NIFTY 500, for 7 weeks running. This describes what the data did, not a rating (as of 4 November 2026).

Will Exicom Tele-Systems's share price go up?

This page does not forecast Exicom Tele-Systems Ltd's share price. What it shows instead: the share price is ₹143.57, and it has been rising for 20 weeks. Its P/E of 85.3× is higher than 40% of its own last 1 years (as of 4 November 2026).

Is Exicom Tele-Systems's profit real cash?

Yes, over the last 3 years, 113% of Exicom Tele-Systems Ltd's reported profit came in as cash from operations. The latest year was lower at 32%, so the trend is worth watching. In FY26, operating cash was −₹87.0 Cr against reported profit of −₹274 Cr.

Most of that cash then goes into building new capacity. These are yearly figures (as of 4 November 2026).

Where is Exicom Tele-Systems in its business cycle?

Exicom Tele-Systems Ltd's FY26 operating margin was −9.0%, against a 6-year range of −9.0% to 11.0%: the low end of its own range, which is often where recoveries start. The latest quarter was −7.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Exicom Tele-Systems story?

The main question: promoters moved −4.4 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Exicom Tele-Systems a stock worth studying right now?

What the numbers show: Exicom Tele-Systems Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the owners’ moves turn back in line with the business.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Is there a Exicom Tele-Systems share price forecast for 2026?

What management itself guided: Critical Power exports planned at roughly 15% of segment sales within the current financial year from 8% in Q1; BharatNet carries ₹700 crore open orders and an ₹800 crore service opportunity over 10 years; BSNL Phase 2 is estimated at ₹90-100 crore.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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