04-Nov-2026 15:00:35
EXICOM TELE-SYSTEMS Q2 FY27: CONSOLIDATED REVENUE UP 38% QOQ, EBITDA TURNS POSITIVE; EV CHARGING REVENUE CROSSES ₹100 CR, BOARD APPROVES TRITIUM DIVESTMENT AT INDICATIVE $85 MN VALUATION
• EV Charging Business: Quarterly revenue crossed ₹100 Cr for the first time, with AC charger production at 2.5x and DC charger production at 2x. • Tritium Divestment: Board approved proposed divestment at indicative enterprise valuation of $85 Mn, subject to due diligence and definitive agreements. • Technology Retention: Exicom retains perpetual licence to TRI-FLEX technology, supporting future EV charging expansion. • Export Expansion: Entered 10 new countries and onboarded 10 distribution partners. • Telecom Orders: Secured approximately 5,000 DC power systems order from a leading telecom operator. • Market Opportunity: Company estimates annual demand potential of 130,000 AC chargers, 25,000 DC chargers and 6,000 high-power chargers. • Management Outlook: Focused on accelerating India EV charging growth, expanding exports and strengthening profitability, with Tritium divestment potentially enabling a debt-free position.
EXICOM TELE SYSTEMS LTD