Exicom's Strong Start to FY27: Order Wins and Revenue Surge
In a testament to its robust strategic positioning, Exicom Tele-Systems Limited has kicked off FY27 with notable order wins, reflecting its growing prowess in the EV charging and critical power sectors. The company, which has now entrenched itself as a key player in these industries, reported a substantial year-on-year revenue increase, underscoring its upward trajectory.
Despite grappling with wider PAT losses in FY26, Exicom clarifies that these are due to structural reasons rather than operational inefficiencies. The inclusion of a full year of operations from Tritium, in contrast to seven months in FY25, contributed significantly to this disparity.
Strategic Expansion and Revenue Growth
In its Q2 FY26 financial results, Exicom announced consolidated revenues of approximately ₹282 crore, reflecting an impressive 84% year-on-year growth. This surge not only highlights the company's ability to capitalise on the burgeoning demand for EV infrastructure but also its adeptness at navigating market challenges.
Integral to this growth is Exicom's state-of-the-art facility in Hyderabad, established with an investment of ₹216 crore. Covering 18.4 acres, this facility bolsters the company's capacity to deliver integrated EV charging and critical power solutions, catering to both AC and DC charging segments.
The Road Ahead
Looking ahead, Exicom anticipates around 20% year-on-year growth for FY26, having already clocked approximately ₹613 crore in revenue during the first nine months. This optimism is fuelled by its strategic expansions and the increasing shift towards electric mobility in India.
Listed on both the Bombay Stock Exchange and the National Stock Exchange, Exicom's ability to sustain its growth momentum will be closely watched by stakeholders. As the company continues to harness opportunities in the EV sector, its trajectory serves as a bellwether for the industry at large.
