Exicom Tele Systems IPO: Introduction
The Exicom Tele-Systems IPO is generating significant buzz in the financial markets. As an investor, understanding the fundamentals of this offering is crucial. Let’s delve into the details.
Exicom Tele Systems IPO: Company Overview
Exicom Tele-Systems, established in 1994, is an Indian power management solutions provider with two core business verticals:
EV Charging Solutions:
Exicom is a market leader in EV chargers, commanding a 60% share in residential and 25% in public charging.
Critical Power Infrastructure:
The company specialises in vital power solutions for telecommunications and enterprise environments, including DC power systems and Li-ion batteries.
Exicom Tele Systems IPO: Details
- IPO Dates:
}February 27, 2024, to February 29, 2024 - Listing Date:
March 5, 2024 - Issue Type:
Book Built Issue - Price Range:
₹135 to ₹142 per share - Lot Size:
100 shares - Allotment:
Expected to be finalised on March 1, 2024 - Total Issue Size:
₹429.00 crores
Exicom Tele Systems IPO: Fundamental Analysis
Let’s dissect Exicom Tele-Systems’ financial performance:
Revenue Growth:
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- The company’s revenue surged from ₹51,290.05 million in 2021 to ₹70,079.30 million in 2023. Although there was a slight dip in 2022, the overall trend is positive1.
Equity Growth:
- The company’s revenue surged from ₹51,290.05 million in 2021 to ₹70,079.30 million in 2023. Although there was a slight dip in 2022, the overall trend is positive1.
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- Equity steadily increased from ₹2,134.42 million in 2021 to ₹2,319.99 million in 2023, indicating a robust shareholder base1.
Profitability:
- Equity steadily increased from ₹2,134.42 million in 2021 to ₹2,319.99 million in 2023, indicating a robust shareholder base1.
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- Net profit consistently improved, rising from ₹34.50 million in 2021 to ₹63.72 million in 20231.
Return on Net Worth (RoNW):
- Net profit consistently improved, rising from ₹34.50 million in 2021 to ₹63.72 million in 20231.
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- RoNW reached 13.38% in 2023, reflecting the efficient utilisation of equity for generating profits.
Earnings Per Share (EPS):
- RoNW reached 13.38% in 2023, reflecting the efficient utilisation of equity for generating profits.
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- EPS surged from ₹1.38 in 2021 to ₹3.38 in 2023, signalling higher profitability per share1.
Exicom Tele Systems IPO: Investment Thesis
Exicom Tele-Systems is poised to capitalise on the growing EV market and critical power infrastructure needs. As an investor, consider the following factors:
EV Revolution:
With the global shift toward electric vehicles, Exicom’s EV charging solutions are well-positioned for growth.
Telecom Sector Demand:
The demand for critical power infrastructure remains robust due to increasing digital communication needs.
Sustainable Energy Transition:
Exicom contributes to environmental responsibility by electrifying transportation and ensuring energy stability.
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Conclusion
The Exicom Tele-Systems IPO presents an exciting investment opportunity. Evaluate your risk appetite, conduct due diligence, and consider participating in this IPO. Remember, informed decisions lead to profitable outcomes.
Shubham Chaudhary is the founder of PositionalCalls, an independent Indian stock market research website. He writes company fundamentals, quarterly results analysis, IPO analysis and sector research for NSE and BSE listed companies, with a focus on banking stocks, insurance and long-term value investing. Every article is built from primary sources such as RBI, SEBI, NSE and BSE filings and company annual reports, and states its risks plainly in simple language for retail investors.
Coverage areas Our research standards- Numbers checked against NSE, BSE and SEBI filings
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