Exicom Tele-Systems Ltd

Exicom TeleSystems FY2025: EV Charger Growth Amid Revenue Dip & Rights Issue Plan 🔌📊

- EV Charger Business revenue grew at a CAGR of 22.14% from 2024 to 2025

- Total income from operations was ₹8,676.06 million in FY2025, down from ₹10,195.98 million in FY2024

- Net loss after tax was ₹1,100.32 million in FY2025 compared to a net profit of ₹639.16 million in FY2024

- Related party transactions amounted to 11.53% of total revenue in 2025

- Rights issue of 18,140,840 Equity Shares at ₹143 per share, aggregating up to ₹2,594.14 million

- Net proceeds will be used for investment in subsidiaries (₹850 million), repayment of borrowings (₹1,618.66 million), and general corporate purposes (₹98.25 million)

- Total employees as of March 31, 2025: 1,252 (421 contractual), including 710 technically qualified employees

- Overseas subsidiaries have 328 employees

- Outstanding borrowings: ₹952.29 million (fund-based) and ₹655.24 million (non-fund-based)

- Contingent liabilities: ₹608.49 million in bank guarantees and ₹29.95 million in disputed tax demands

- 49.57% revenue from top five customers in Critical Power Business

- Expansion challenges in new markets (Southeast Asia, USA, Australia, Europe) involve high costs and competition