Exicom Tele-Systems Ltd
Exicom TeleSystems Secures Major Global EV Deal & Expands Manufacturing 🚀🔋
- Secured global framework agreement with major Southeast Asian clean energy player for EV chargers (first international deal)
- New Hyderabad manufacturing plant to start production October 2025, boosting automation/digitization
- Maintains FY25-26 guidance: 50% revenue growth & 2.5x EBITDA growth (standalone)
- Expects consolidated profitability by FY27
- Q1 standalone revenue: ₹151 cr, adjusted EBITDA: ₹12.6 cr, PAT: ₹1 cr
- Q1 consolidated revenue: ₹205 cr, adjusted EBITDA: -₹38 cr, PAT: -₹71 cr (Tritium subsidiary impact)
- Critical Power business: ₹98 cr (standalone), ₹102 cr (consolidated)
- EV Charger business: ₹53 cr standalone revenue (61% YoY growth)
- Launched Harmony Gen 2 & Tritium TRI-FLEX chargers with improved margins
- Completed ₹260 cr rights issue, reducing debt (promoter holding now 66.5%)
- R&D focus: 60% EV charging, 40% Critical Power (including battery-integrated solutions)