# Exicom Tele-Systems share price today (Exicom Tele-Systems Ltd, NSE: EXICOM)

> 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. > Exicom Tele-Systems Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. EXICOM · Capital Goods - Electric General · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/exicom-tele-systems-ltd

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## Key numbers

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

The main question: promoters moved −4.4 percentage points over 8 quarters while the business went the other way. ## 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. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 7 weeks running. 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

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹331 crore | ₹205 crore | +61.5% |
| Profit | loss of ₹74.0 crore | loss of ₹83.0 crore | n/a |
| Earnings per share | ₹−5.29 | ₹−5.98 | n/a |
| 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

| When | Close | Change 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](https://files.tijorifinance.com/insight/india/57605/Conference Call/CC-Aug26.pdf). (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. - 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. ## 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. The last four reported quarters add to ₹1,278 Cr. FY26 revenue was ₹1,152 Cr, +32.7% on the year 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. 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. ## 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. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. 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. 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. 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. 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. 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. 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. ## 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). 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. ## 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. ## 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. 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. ## 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. ## 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. [Modison Ltd](https://www.sectoralpha.in/stocks/modison-ltd) MODISONLTD · leader · Most evidence points up · 100% evidence 78.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Revenue 84.9% · Profit 100% · Operating margin change -2 points · 100% evidence Capital efficiency 17.1/25 · ROCE 31% · Operating margin 11% · 100% evidence Valuation 15.1/20 · P/E 9.6× · PEG 0.46 · 100% evidence Relative 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 ahead Exact 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. [Rishabh Instruments Ltd](https://www.sectoralpha.in/stocks/rishabh-instruments-ltd) RISHABH · leader · Most evidence points up · 96% evidence 68.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.8/35 · Revenue 5.8% · Profit 100% · Operating margin change 2 points · 88% evidence Capital efficiency 16.9/25 · ROCE 14.5% · Operating margin 17% · 100% evidence Valuation 10.8/20 · P/E 30× · PEG 1.24 · 100% evidence Relative 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 ahead Exact 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. [Spectrum Electrical Industries Ltd](https://www.sectoralpha.in/stocks/spectrum-electrical-industries-ltd) SPECTRUM · leader · Most evidence points up · 89% evidence 68.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.3/35 · Revenue 40.8% · Profit 92.3% · Operating margin change 1 points · 88% evidence Capital efficiency 17.2/25 · ROCE 17.8% · Operating margin 15% · 100% evidence Valuation 6.7/20 · P/E 135× · PEG 1.9 · 65% evidence Relative 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 ahead Exact 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. [Modern Insulators Ltd](https://www.sectoralpha.in/stocks/modern-insulators-ltd) MODINSULAT · turning · Most evidence points up · 78% evidence 68.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.5/35 · Revenue 41.6% · Profit 100% · Operating margin change 8 points · 83% evidence Capital efficiency 18.3/25 · ROCE 19.3% · Operating margin 17% · 76% evidence Valuation 7.7/20 · P/E 22.4× · PEG n/a · 50% evidence Relative 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 ahead Exact 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. [V-Guard Industries Ltd](https://www.sectoralpha.in/stocks/v-guard-industries-ltd) VGUARD · quiet · Evidence leans up · 100% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.7/35 · Revenue 21.5% · Profit 41.7% · Operating margin change 1 points · 100% evidence Capital efficiency 16.1/25 · ROCE 18.4% · Operating margin 9% · 100% evidence Valuation 14.7/20 · P/E 28.7× · PEG 1.12 · 100% evidence Relative 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 ahead Exact 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. [Insolation Energy Ltd](https://www.sectoralpha.in/stocks/insolation-energy-ltd) INA · quiet · Evidence leans up · 81% evidence 59.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.3/35 · Revenue 81.7% · Profit 45.2% · Operating margin change -6 points · 88% evidence Capital efficiency 16.5/25 · ROCE 22.4% · Operating margin 10% · 100% evidence Valuation 19.5/20 · P/E 7.8× · PEG 0.23 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -36.5% · 1 year -61.5% · 25% evidence · 0 of 12 weeks ahead Exact 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. [Alpex Solar Ltd](https://www.sectoralpha.in/stocks/alpex-solar-ltd) ALPEXSOLAR · quiet · Evidence leans up · 64% evidence 57.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Revenue 100% · Profit 61.3% · Operating margin change -1 points · 88% evidence Capital efficiency 19.7/25 · ROCE 44.8% · Operating margin 15% · 100% evidence Valuation 11.3/20 · P/E 8.4× · PEG n/a · 15% evidence Relative strength 7.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -21.8% · 1 year -45% · 25% evidence · 1 of 12 weeks ahead Exact 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. [Ravindra Energy Ltd](https://www.sectoralpha.in/stocks/ravindra-energy-ltd) RELTD · quiet · Evidence leans up · 79% evidence 54.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.3/35 · Revenue 28.2% · Profit 53% · Operating margin change 14.6 points · 88% evidence Capital efficiency 15.3/25 · ROCE 14.4% · Operating margin 31.8% · 100% evidence Valuation 9.4/20 · P/E 44.7× · PEG n/a · 15% evidence Relative 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 ahead Exact 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. [IKIO Technologies Ltd](https://www.sectoralpha.in/stocks/ikio-technologies-ltd) IKIO · quiet · Evidence leans up · 78% evidence 53.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.2/35 · Revenue 34.5% · Profit 100% · Operating margin change 4 points · 83% evidence Capital efficiency 9.5/25 · ROCE 9.5% · Operating margin 13% · 76% evidence Valuation 13.1/20 · P/E 26.8× · PEG n/a · 50% evidence Relative 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 ahead Exact 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. [Siemens Ltd](https://www.sectoralpha.in/stocks/siemens-ltd) SIEMENS · losing its lead · Evidence leans up · 78% evidence 50.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/35 · Revenue 13.2% · Profit 33.7% · Operating margin change -4 points · 83% evidence Capital efficiency 17.2/25 · ROCE 21.4% · Operating margin 9% · 76% evidence Valuation 5.5/20 · P/E 78.2× · PEG n/a · 50% evidence Relative 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 ahead Exact 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. [Swelect Energy Systems Ltd](https://www.sectoralpha.in/stocks/swelect-energy-systems-ltd) SWELECTES · turning · Evidence leans down · 89% evidence 48.9 out of 100 Growth Capital Valuation Relative
12. [HPL Electric & Power Ltd](https://www.sectoralpha.in/stocks/hpl-electric-power-ltd) HPL · quiet · Evidence leans down · 81% evidence 48.3 out of 100 Growth Capital Valuation Relative
13. [Kirloskar Electric Company Ltd](https://www.sectoralpha.in/stocks/kirloskar-electric-company-ltd) KECL · quiet · Evidence leans down · 79% evidence 43.3 out of 100 Growth Capital Valuation Relative
14. [Salzer Electronics Ltd](https://www.sectoralpha.in/stocks/salzer-electronics-ltd) SALZERELEC · quiet · Evidence leans down · 81% evidence 41.4 out of 100 Growth Capital Valuation Relative
15. [Servotech Renewable Power System Ltd](https://www.sectoralpha.in/stocks/servotech-renewable-power-system-ltd) SERVOTECH · basing · Evidence leans down · 78% evidence 39.7 out of 100 Growth Capital Valuation Relative
16. [Honda India Power Products Ltd](https://www.sectoralpha.in/stocks/honda-india-power-products-ltd) HONDAPOWER · quiet · Evidence leans down · 81% evidence 39.4 out of 100 Growth Capital Valuation Relative
17. Exicom Tele-Systems Ltd this page EXICOM · quiet · Evidence leans down · 68% evidence 38.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.7/35 · Revenue 55.7% · Profit -25.6% · Operating margin change 12 points · 65% evidence Capital efficiency 0.0/25 · ROCE -14.7% · Operating margin -7% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative 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 ahead Exact 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. [Focus Lighting & Fixtures Ltd](https://www.sectoralpha.in/stocks/focus-lighting-fixtures-ltd) FOCUS · Most evidence points down · 69% evidence 24.4 out of 100 Growth Capital Valuation Relative
19. [Igarashi Motors India Ltd](https://www.sectoralpha.in/stocks/igarashi-motors-india-ltd) IGARASHI · quiet · Most evidence points down · 89% evidence 23.4 out of 100 Growth Capital Valuation Relative

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](https://www.sectoralpha.in/sectors/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](https://www.sectoralpha.in/stocks/ravindra-energy-ltd) ₹2,671 crore
2. [Rishabh Instruments Ltd](https://www.sectoralpha.in/stocks/rishabh-instruments-ltd) ₹2,424 crore
3. [Honda India Power Products Ltd](https://www.sectoralpha.in/stocks/honda-india-power-products-ltd) ₹1,777 crore
4. Exicom Tele-Systems Ltd ₹1,740 crore
5. [Alpex Solar Ltd](https://www.sectoralpha.in/stocks/alpex-solar-ltd) ₹1,687 crore
6. [Insolation Energy Ltd](https://www.sectoralpha.in/stocks/insolation-energy-ltd) ₹1,518 crore
7. [HPL Electric & Power Ltd](https://www.sectoralpha.in/stocks/hpl-electric-power-ltd) ₹1,452 crore

[All 19 Capital Goods - Electric General companies, largest first](https://www.sectoralpha.in/sectors/capital-goods-electric-general#all-companies)

### Companies close in size in other industries

1. [NINtec Systems Ltd](https://www.sectoralpha.in/stocks/nintec-systems-ltd) ₹1,745 crore · IT - Software
2. [Nitco Ltd](https://www.sectoralpha.in/stocks/nitco-ltd) ₹1,741 crore · Ceramics/Tiles/Sanitaryware
3. Exicom Tele-Systems Ltd ₹1,740 crore
4. [Euro Pratik Sales Ltd](https://www.sectoralpha.in/stocks/euro-pratik-sales-ltd) ₹1,736 crore · Trading
5. [Gaja Alternative Asset Management Ltd](https://www.sectoralpha.in/stocks/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. This is research, not advice. We’re not SEBI-registered.