Exicom Delivers a Steady Q3, Expands Order Book and Growth Runway for FY27

Exicom Tele-Systems Limited, one of India’s leading EV charging and critical power companies, announced its financial results for Q3 FY26, maintaining both topline and bottom line, reflecting resilient performance at both standalone and consolidated levels. The company reported consolidated revenues of ~¥277 crore, marking ~41% year-on-year growth, driven by continued traction in domestic business. On a standalone basis, both businesses continued their growth momentum, delivering revenues of ~¥234 crore, up 58% YoY, and EBITDA of ~%16 crore. The company maintained a steady consolidated bottom line, with an EBITDA loss of ~%32 crore. Highlights include Tritium’s order bookings rising to ~USD 9 million, securing projects with the San Francisco Bay Ferry REEF programme, and receiving a combination of purchase orders and forecasts totalling to ~USD 30 million from a large US-based customer. Tritium launched GRID-FLEX, an 800V DC bidirectional, liquid-cooled inverter platform for data centres and renewable energy integration. Exicom’s EV charger sales gained traction, growing slightly faster than the market at ~4% (~%70 crore revenue vs ~367 crore in Q2 FY26 and 367 crore in Q3 Fy25). The Critical Power Business more than doubled revenues YoY driven by full-scale deliveries under the BharatNet programme.