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The Manager
Listing Department,
National Stock Exchange of India Ltd.
'Exchange Plaza', C-1, Block G,
Bandra Kurla Complex, Bandra (E),
Mumbai 40005 1.
corn&
Secretary
Encl: as above
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Reg. OtTw: 501,Silver Metropolis, Westan Expm Highway, Gmegaoo Ea . nbai 400 063.
Tel: +9122 42904290:Fu: el22 42904291;Website: wmvzicon~can;CIN: L32109MHl994PLCOlU391
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Muntbui, November 14, 2016: Zicom Electronic Security Systems Limited (BSE Code: 531404; NSE
Code: ZICOM), India's leading electronic security company, announced its Unaudited Financial Results
for the second quarter ended September 30,2016.
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At the Board Meeting held today, the Company declared its Consolidated and Standalone Unaudited
Financial Results.
On Consolidated basis the Company has earned Total Income of Rs. 252.23 crores for the quarter ended
September 30, 2016, as against Rs. 317.23 crores in the correspond'mg previous quarter resulting in
decrease of Total Income by 20%. This has resulted in drop in EBDITA to Rs.35.1 8 c r m s and Net Profit
AAer Tax and Minority Interest to Rs. 2.23 mores.
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Commenting on the malty, Mr. Manohar Bidaye, Chairman - Zicom Electronic Security Systems .
Limited said, "The consolidafedperJornumceof the Company continuous to be under presswe due to .
slowdown in M a e .&st market. The MddIe East economic situation continues to be subdued The
business situation in Qakuis relotvely better as compared to UAE. Therefore, Phoenix has shown better
perJormance as compared to Unisde LMai in the current quarter.
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As trend goes, SaaS business continues to perJorm better and better with reported EBDlTA of Rs. 20
crores, while Distribution business needs some lime to settle down due to d h p t i o n in market caused by
reduction in custom duly on finished goods under Make in India movement. The Comprmy has taken
initial steps in this direction and started, on pilot basis, assembly of security products through tie-up with
established Nmufbzhuer. l
h loca1ly made security equipments me well accepted by the distributors and
channelp&ers andsoon we are hope@ thai Distribution business wiggain momentum"
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Zicom SaaS Pvt. Ltd., wholly owned subsidiary, offers security services to protect retail shops, bank
branches, ATMs, residences, apartments and remotely located assets using state-of-the-art electronic
security equipments and Command and Control Station located in Mumbai.
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