Exicom Tele-Systems Announces Q1 FY26 Results: Standalone Profitability Contrasts with Consolidated Losses
Exicom Tele-Systems Ltd has released its Unaudited Financial Results for the first quarter ended June 30, 2026, presenting both standalone and consolidated figures. The Company’s Board of Directors approved these results at a meeting held on August 10, 2026, following a review by the Audit Committee and the statutory auditors, M/s Khandelwal Jain & Co.The Financial Results have been prepared in accordance with Indian Accounting Standard 34 (Ind AS) and are available alongside the Independent Auditor's Review Reports from Khandelwal Jain & Co.
Q1 Financial Performance Summary
The standalone results show a healthy profit, while the consolidated segment reports significant losses, as detailed below:| Metric | Standalone (Three Months Ended June 30, 2026) | Consolidated (Three Months Ended June 30, 2026) |
|---|---|---|
| Total Income | 23,682.91 Lakhs | 33,106.97 Lakhs |
| Total Expenses | 23,768.97 Lakhs | 40,803.36 Lakhs |
| Profit / (Loss) before Tax | 64,078 Lakhs | (7,203.53) Lakhs |
| Profit / (Loss) for the Period | 49,181 Lakhs | (7,357.31) Lakhs |
Segment Performance Analysis
The results segmented by business area provide insight into operational strengths and challenges within Exicom Tele-Systems Ltd.Key segment revenues and pre-tax profits are summarized in the following table:
| Segment | Revenue from Operations (Lakhs) | Profit before Tax (Lakhs) |
|---|---|---|
| Critical Power | 17,601.95 | 1,537.71 |
| EV Charger | 6,080.96 | 24,390 |
Consolidated Operations and Subsidiaries
The consolidated unaudited financial results encompass the operations of Exicom Tele-Systems Limited (the Holding Company) and its subsidiaries across various global entities. These subsidiaries include:- Horizon Tele-Systems SDN BHD
- Exicom Tele-Systems (Singapore) Pte. Ltd.
- Exicom Power Solutions B.V, Netherlands
- Tritium NexGen Solutions B.V., Netherlands
- Tritium Power Solutions, USA
- Tritium Power Solutions, UK
- Horizon Power Solution L.L.C-FZ, Dubai
- Tritium Power Solutions Pty, Australia
Management noted that Exicom Power Solutions B.V. ceased to be a wholly-owned subsidiary of the Company effective April 22, 2026.
Notes on IPO and Offer Proceeds Utilization
The company's notes provided specific details regarding its Initial Public Offer (IPO) and related placements. Shares were placed during the pre-IPO placement at an issue price of Rs. 135.00 per equity share for cash consideration, aggregating to Rs. 7,100.00 lakhs.The IPO proceeds totaling Rs. 40,000.00 lakhs as of June 30, 2026, have been fully utilized according to the objects stated in the Offer Document. The utilization details are summarized:
| Offer Motive | Amount (Rs, In Lakhs) |
|---|---|
| Fresh Issue | 32,899.98 |
| Offer for Sale | 9,999.97 |
| Total | 42,899.90 |
Additionally, the use of funds was categorized across several areas:
- Funding Incremental Working Capital Requirements: Rs. 690,000 Lakhs
- Investment in R&D and Product Development: Rs. 400,000 Lakhs
- General Corporate Purposes: Rs. 610,004 Lakhs
- Offer Related Expenses: Rs. 282,273 Lakhs
The Company confirmed that the timeline for utilizing unutilized IPO proceeds was extended up to September 30, 2026.
EXICOM Stock Price Movement
As of 2:59 PM, shares of Exicom Tele-Systems Limited are tumbling by 5.05% in live trading, currently dropping to ₹150.88 as the stock sheds ₹8.02 per share. The equity moves amidst a significant trading volume of approximately 2.2 million shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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