Exicom Tele-Systems is a power management solution provider. It operates under two main segments, namely Critical power and EV (electric vehicle) charger segments.
Being an early entrant, Exicom Tele-Systems has a 60 per cent and 25 per cent market share in residential and public charging segments, respectively.
Vertically integrated operations supported by 2 R&D and 3 in-house manufacturing facilities help it provide end-to-end product development in their B2B category.
The company's top 5 customers generated over 50% of revenue from operations. Further, it relies heavily on only a few local and global suppliers for its raw materials.
The company faces stiff competition. Its critical power segment, accounting for 67.1% of its FY23 revenue, holds just 16% market share in the DC power systems market.
Is the company's net debt-to-equity ratio less than one? Yes. Its net debt-to-equity ratio, as of September 2023, was 0.3 times.