CARE Ratings ne Exicom Tele-Systems ki haalat par roshni daali hai. Jab company ne IPO se ₹400 crore aur Rights Issue se ₹259.41 crore raise kiye the, toh plans bade the.
Par bhai, projects time par chal nahi rahe. Telangana mein jo naya manufacturing facility ban raha tha, woh 9 mahine peeche hai. R&D aur working capital ke bhi kaam late hain. Is liye, IPO funds use karne ki last date ab March 31, 2026 kar di gayi hai, aur abhi bhi IPO ke ₹18.66 crore use nahi hue hain.
Sabse bada headwind ban gaya hai Tritium, jo Australia ki EV fast charger company hai. Exicom ne ise kharid toh liya, par yeh company itna loss karwa rahi hai ki Exicom ka consolidated PBILDT (profit before interest, taxes, depreciation) losses ₹91 crore tak pahunch gaya hai H1FY26 mein. H1FY25 mein company ka revenue ₹405 crore tha, jo H1FY26 mein badh kar ₹487 crore ho gaya. Revenue badha, par loss bhi badh gaya!
Is sab ka asar company ki financial health par bhi dikh raha hai. FY25 mein aaye losses ke karan Exicom ki tangible net worth bhi kam ho gayi hai. Investors ab dekh rahe hain ki company kaise in delays ko dur karti hai aur Tritium ko profit mein laati hai.