Exicom Tele-Systems Limited has informed the Exchange about Transcript of the Investors conference call held on Wednesday, August 13, 2025 at 10:00 A.M. (IST) to discuss Unaudited Financial Results of the Company for the 1st Quarter ended June 30, 2025 of the FY 2025-26.
EXICOM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Exicom Tele-Systems filed the transcript of its Q1 FY26 earnings call where management acknowledged the quarter fell short of expectations. Standalone revenue was INR 151 crores (down 29% QoQ, 38% YoY) with adjusted EBITDA of INR 12.6 crores and adjusted PAT of INR 1.1 crore. Consolidated revenue was INR 205 crores with a loss of INR 71 crores, mainly due to continued losses at subsidiary Tritium. Management maintained full-year guidance of 50% revenue growth and 2.5x EBITDA growth on a standalone basis, backed by an order book exceeding INR 1,500 crores (with INR 1,200+ crores in hardware orders). The company highlighted a new global framework agreement with a major Southeast Asian clean energy player, entry into electric trucking, and a German luxury carmaker OEM win. Standalone gross margin improved sharply to 32.7% from 21.3% in the prior quarter. A recently completed INR 260 crore rights issue improved the debt-equity ratio from 0.7 to 0.35 and lifted net worth to INR 910 crores. The new Hyderabad plant is expected to begin production in October 2025. Consolidated profitability is now guided for FY27, not FY26, due to Tritium.
Mixed near-term picture: weak Q1 numbers and Tritium losses weigh on consolidated performance, but maintained full-year guidance, a strong order pipeline, debt reduction via the rights issue, and margin improvement signal potential recovery in coming quarters. Shareholders should watch Q2 execution on deferred projects and the October Hyderabad plant ramp-up as key triggers.