Exicom Opens FY27 with Order Wins Across Both Businesses as Revenue Grows Sharply Year on Year
Standalone revenue up ~57% YoY, EBITDA more than doubles
Consolidated EBITDA loss narrower YoY; margin under pressure NEW DELHI , Aug. 10, 2026 /PRNewswire/ -- Exicom Tele-Systems Limited (BSE: 544133) (NSE: EXICOM), one of India's leading EV charging and critical power companies, today announced its financial results for the first quarter of FY27. Standalone revenue rose ~57% year on year to ₹237 crore and EBITDA more than doubled to ~₹21 crore, lifting the EBITDA margin for Q1 to 8.8%. On a Consolidated basis, revenue grew 61% to ₹331 crore, with the EBITDA loss narrowing to ~₹22 crore from ~₹39 crore last year.A Quarter That Moved the Year Forward, With Margin Still to FollowMeasured against the same quarter last year, both businesses grew strongly and consolidated losses narrowed. Revenue and profitability, however, declined sequentially, from Q4 FY26, as is usually the case in the first quarter. Most of the gap is visible in the (consolidated) gross margin - 31.7% against 39.4% a year ago. A bulk of this can be attributed to the external cost environment including exchange rate volatility and input cost pressures owing to key component prices. We are addressing it at source, building resilience into our supply chain. Underneath the quarterly numbers, both businesses built a strong order book.EV Charging: A Quarter Spent Winning the Year's BusinessIndia's EV market marked a pivotal moment this quarter, crossing 80,000 electric four-wheeler sales for the first time. A market of that size gives Exicom a materially larger base to sell into, across home charging and the public networks operators build. On the AC side, Exicom recorded a YoY growth of 35% in Q1 FY27. DC sales ran softer, as the first quarter is when charging network operators set budgets and plan sites. Exicom's India EV business grew revenue 15% year-on-year, and order booking stayed healthy. Some of the key business highlights are captured below:
