Exicom Tele-Systems Reports Significant Decline in Financial Performance for Q3 2024

Exicom Tele-Systems, a smallcap company in the capital goods industry, recently declared its financial results for the quarter ending September 2024. However, the news is not positive as the company has seen a significant decline in its financial performance.

According to MarketsMOJO, the stock call for Exicom Tele-Systems is 'Sell'. The company's score has fallen from 1 to -30 in the last 3 months, indicating a very negative trend.

The company's net sales for the quarter were at Rs 153.37 crore, which is a decrease of 39.1% compared to the average net sales of the previous four quarters. This decline in sales is a cause for concern and the near-term sales trend is also negative.

Exicom Tele-Systems also saw a significant decrease in its profit before tax (PBT) and profit after tax (PAT) for the quarter. The PBT fell by 246.9% and the PAT fell by 193.9% compared to the average of the previous four quarters. The company's interest costs have also increased, indicating a rise in borrowings.

The company's operating profit to interest ratio is at its lowest in the last five quarters, indicating a deteriorating ability to manage interest payments. The operating profit margin is also at its lowest, showing a decline in the company's efficiency.

Exicom Tele-Systems' earnings per share (EPS) for the quarter were at its lowest in the last five quarters, indicating a decline in profitability and lower earnings for shareholders. The company's non-operating income has increased, but it may not be sustainable as it comes from non-business activities.

Overall, Exicom Tele-Systems' financial performance for the quarter ending September 2024 has been very negative. The company's sales, profits, and efficiency have all declined, and the stock call is 'Sell' according to MarketsMOJO.