Stock Performance and Price Movement
On 25 Nov 2025, Exicom Tele-Systems recorded an intraday low of Rs.109.05, which also stands as its all-time low. This price point represents a notable drop from its 52-week high of Rs.295.10, indicating a substantial contraction in market valuation over the past year. The stock has been on a losing streak for 11 consecutive trading sessions, resulting in a cumulative return of -21.33% during this period alone.
Today's trading session saw the stock underperform its sector by 2.81%, with a day change of -2.60%. Additionally, the stock's price is currently below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bearish momentum.
Comparison with Market Benchmarks
While Exicom Tele-Systems has faced significant headwinds, the broader market has shown relative resilience. The Sensex opened higher at 85,008.93 points, gaining 108.22 points (0.13%) before trading near 84,923.07 points, just 1.03% shy of its 52-week high of 85,801.70. The Sensex is trading above its 50-day moving average, which itself is positioned above the 200-day moving average, indicating a bullish trend for the benchmark index.
Small-cap stocks have also led market gains, with the BSE Small Cap index rising by 0.1% on the day. In contrast, Exicom Tele-Systems has lagged significantly, with a one-year return of -58.23%, compared to the Sensex's positive 6.01% return over the same period.
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Financial Performance and Profitability Trends
Exicom Tele-Systems has reported negative results for five consecutive quarters, reflecting ongoing financial strain. The company’s Profit Before Tax (PBT) excluding other income for the most recent quarter stood at a loss of Rs.73.01 crores, representing a decline of 25.7% compared to the average of the previous four quarters. Similarly, the Profit After Tax (PAT) for the quarter was a loss of Rs.66.65 crores, down by 33.7% relative to the prior four-quarter average.
Interest expenses for the nine-month period reached Rs.43.77 crores, showing a growth of 54.5%, which adds to the financial burden. The company’s Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) remains negative, contributing to concerns about its ability to generate operating cash flow.
Debt and Long-Term Financial Health
The company’s debt servicing capacity is under pressure, with a Debt to EBITDA ratio of -1.00 times, indicating that earnings are insufficient to cover debt obligations. This metric highlights the challenges faced in managing leverage effectively. Over the past five years, operating profit has grown at an annual rate of 8.40%, which is modest and has not translated into sustained profitability or improved financial stability.
These factors contribute to a weak long-term fundamental strength assessment, reflecting the company’s difficulties in reversing its financial trajectory.
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Valuation and Risk Considerations
Exicom Tele-Systems is trading at valuations that are considered risky relative to its historical averages. The stock’s performance over the past year, with a return of -58.23%, is accompanied by a 68% decline in profits, underscoring the challenges in maintaining shareholder value. The stock has also underperformed the BSE500 index over the last three years, one year, and three months, indicating persistent underperformance relative to a broad market benchmark.
These valuation and performance metrics suggest that the stock remains under pressure amid ongoing financial difficulties and subdued market sentiment.
Sector Context and Industry Position
Operating within the Heavy Electrical Equipment sector, Exicom Tele-Systems faces competition from peers that have shown more stable financial metrics and market performance. The sector itself has seen mixed results, with some companies benefiting from infrastructure investments and others grappling with demand fluctuations. Exicom’s current position reflects a combination of internal financial challenges and broader sector dynamics.
Despite the sector’s overall activity, the stock’s recent price action and financial results highlight the hurdles it faces in regaining momentum.
Summary of Key Metrics
To summarise, Exicom Tele-Systems’ key recent metrics include:
- New 52-week low and all-time low price of Rs.109.05
- Eleven consecutive days of price decline, with a cumulative loss of 21.33%
- One-year return of -58.23% versus Sensex’s 6.01%
- Negative EBITDA and operating losses over multiple quarters
- Interest expenses growing by 54.5% over nine months
- Debt to EBITDA ratio of -1.00 times, indicating leverage concerns
- Operating profit growth at 8.40% annually over five years, reflecting modest expansion
These figures provide a comprehensive view of the company’s current financial and market standing.
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