Exicom Tele-Systems Ltd., a prominent player in India’s electric vehicle (EV) charging and critical power solutions sector, experienced a significant market setback following the release of its Q4 FY25 financial results. The company’s stock plummeted over 9% in a single trading session, reflecting investor concerns over its recent performance.
Financial Performance Overview
In FY25, Exicom reported a consolidated revenue of ₹868 crore, marking a 14.9% decline from ₹1,020 crore in FY24. The company also transitioned from a net profit of ₹64 crore in FY24 to a net loss of ₹110 crore in FY25. Specifically, Q4 FY25 saw a net loss of ₹62 crore, a stark contrast to the ₹27 crore profit recorded in Q4 FY24.
Segment-Wise Analysis
EV Charging Business: The EV charging segment remained stagnant year-on-year but experienced a 17% decline in quarterly revenues, attributed to intensified competition. However, Exicom anticipates a turnaround in FY26 with the introduction of its second-generation DC charger and alignment with client expectations.
Critical Power Business: This segment witnessed a 33% year-on-year revenue drop but achieved an 88% quarterly increase, driven by the revival of telecom infrastructure projects. Exicom expects robust traction in Africa, Southeast Asia, and the Middle East, supported by the commencement of BharatNet projects in Q2 FY26 and an open order book exceeding ₹1,500 crore.
Market Position and Outlook
Exicom’s market capitalization currently stands at ₹2,067 crore, with shares trading at ₹171, a significant decrease from its 52-week high of ₹530. Despite recent challenges, the company maintains a substantial global presence, having installed over 150,000 chargers worldwide. Its critical power solutions are integral to communication networks, ensuring uninterrupted power supplies essential for telecom infrastructure.
Conclusion
While Exicom Tele-Systems faces immediate financial hurdles, its strategic initiatives and global footprint position it for potential recovery. Investors and stakeholders will closely monitor the company’s efforts to navigate the competitive landscape and capitalize on emerging opportunities in the EV and critical power sectors.