Exicom Tele-Systems Releases Q1 Financial Results for FY26-27; Board Approves Material Related Party Transactions
Exicom Tele-Systems Ltd. has announced its unaudited financial results and key board decisions for the first quarter of the financial year 2026-27. The company reported segment-wise performance data, including revenues and profitability across its key business areas. The Board of Directors approved the results and discussed matters relating to related party transactions.The Company's management confirmed that the unaudited financial results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors on August 10, 2026. Statutory auditors have issued an unmodified report on these consolidated and standalone results.
Financial Performance Highlights (Q1 FY 2026-27)
The unaudited financial results for both the standalone and consolidated entities were released, detailing the performance metrics for the quarter ended June 30, 2026.Key aggregated financial data across periods is presented below:
| Financial Metric | Q1 FY26-27 (Standalone, ₹) | Q4 FY25-26 (Audited, ₹) |
|---|---|---|
| Total Income | 23,682.91 Lakhs | 15,065.97 Lakhs |
| Profit before Tax | 64,078 Lakhs | (749.78) Lakhs |
Segment Performance Breakdown
The company's segment results show varying performance across Critical Power and EV Charger segments. The profitability figures are detailed in lakhs:| Segment | Q1 FY26-27 Revenue (lakhs) | Profit before Tax (lakhs) |
|---|---|---|
| Critical Power | 1,537.71 | 64,078 |
| EV Charger | 24,390 | (7,203.53) |
Board Approval and Corporate Governance Matters
During the Board meeting held on August 10, 2026, the Company approved proposed material related party transactions involving subsidiaries and step-down subsidiaries, where the company is not a direct party. These transactions were reviewed and approved by the Audit Committee, pending approval from shareholders at the upcoming Annual General Meeting.The Board also approved the draft Notice for the ensuing Annual General Meeting (AGM), which seeks shareholder approval for these material related party transactions along with other business items.
Initial Public Offer Proceeds Utilization
Regarding its IPO proceeds, the Company confirmed that as of June 30, 2026, all net proceeds amounting to ₹40,000.00 lakhs have been fully utilized in accordance with the objects stated in the Offer Document.The utilization details for the Initial Public Offer (IPO) are as follows:
| Offer Type | Number of Shares | Issue Price | Premium | Amount Utilized (₹ in Lakhs) |
|---|---|---|---|---|
| Fresh Issue | 23,169,000 | ₹182/- | ₹132/ | 32,899.98 |
| Offer for Sale | 7,042,200 | ₹142/ | ₹132/ | 9,999.97 |
| Total | 30,211,200 | ₹142/- | ₹132/- | 42,899.90 |
Consolidated Financial Results and Subsidiaries
The consolidated results for the first quarter ended June 30, 2026, include the results of several international entities managed by Exicom Tele-Systems Ltd. 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
The management has confirmed that Exicom Power Solutions B.V. ceased to be a wholly owned subsidiary of the Company as of April 22, 2026.
EXICOM Stock Price Movement
As of 3:07 PM, shares of Exicom Tele-Systems Limited are slipping by 4.64% in live trading, currently at ₹151.53 after shedding ₹7.37 in the market. The stock has been traded on a significant volume of 1.68 million shares so far 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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