3 weeks ago
Exicom Opens FY27 with Order Wins, Revenue Grows Sharply
Exicom is a company that makes chargers for electric cars and big backup power systems.
It told everyone how much money it made in the first part of the year.
It made a lot more money than it did one year ago.
Its sales of chargers and power equipment grew very quickly.
Rising costs for parts and changing exchange rates squeezed some of its profit.
More people in India are buying electric cars than ever before — over 80,000 in one quarter.
Because of that, Exicom is getting many new orders from all over the world.
It is also building new fast chargers and smarter charging apps.
The boss of the company says he is confident about the year ahead.
Exicom Tele-Systems Limited reported Q1 FY27 standalone revenue of ₹237 crore, up ~57% year on year, and consolidated revenue of ₹331 crore, up 61%.
Standalone EBITDA more than doubled to ~₹21 crore with an 8.8% margin, while the consolidated EBITDA loss narrowed to ~₹22 crore from ~₹39 crore.
India's EV market crossed 80,000 electric four-wheeler sales for the first time; Exicom's India EV business grew revenue 15% YoY, with AC charging up 35%.
Tritium booked USD 20.8 million in orders, roughly double the previous quarter, sold 508 chargers, and recorded USD 10.3 million in revenue.
Critical Power revenue grew 80% YoY, driven by 5G site expansion and Bharat Net Phase 3, where Exicom holds over 60% wallet share.
- Who
- Exicom Tele-Systems Limited, an Indian EV charging and critical power company led by Managing Director and CEO Anant Nahata
- What
- Announced Q1 FY27 results with strong year-on-year revenue growth — standalone revenue up ~57% to ₹237 crore and consolidated revenue up 61% to ₹331 crore — alongside order wins across its EV charging and critical power businesses
- Where
- New Delhi, India
- When
- First quarter of FY27, announced on August 10
- Why
- Growth was driven by India's EV market expansion, which crossed 80,000 electric four-wheeler sales for the first time, plus 5G site expansion and Bharat Net Phase 3, though input costs and exchange rate volatility pressured margins
Key facts
- Company
- Exicom Tele-Systems Limited (BSE: 544133, NSE: EXICOM)
- Standalone Revenue (Q1 FY27)
- ₹237 crore, up ~57% YoY
- Consolidated Revenue (Q1 FY27)
- ₹331 crore, up 61% YoY
- Standalone EBITDA
- ~₹21 crore; margin 8.8%
- Consolidated EBITDA Loss
- ~₹22 crore, narrowed from ~₹39 crore
- Tritium Revenue
- USD 10.3 million; 508 chargers sold
- Tritium Order Intake
- USD 20.8 million, roughly double the previous quarter
- India EV Market Milestone
- Crossed 80,000 electric four-wheeler sales in a single quarter
Quotes
Anant Nahata
Managing Director and CEO of Exicom Tele-Systems Limited
“"Against the same quarter last year this is a stronger business. The Q1 revenue trajectory materialised as planned, however, cost pressure took more out of margins than what we anticipated. Looking at FY27, we are excited to see the EV market expand beyond its current shape and form. I am confident about the year ahead, and that confidence comes from where both our businesses now sit, with more customers, more geographies, a deeper order book, and commitments that deliver through FY27."”
theprint.in
Sources
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