| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 387.95 | 40.2% | 46.1% |
| Total Income | 389.85 | 37.2% | 45.0% |
| Expenditure | 438.18 | 25.2% | 32.7% |
| PBT | -48.88 | 27.6% | 20.4% |
| Net Profit | -54.31 | 20.0% | 12.8% |
| OPM | -0.07% | 12.24pp | 6.11pp |
| NPM | -13.93% | 9.95pp | 9.23pp |
| EPS | 4.03 | 21.3% | 21.8% |
Exicom FY26: Standalone Revenue at ₹895 Cr, Up 19% YoY
19 May 2026 · 19 May, 3:14 pm
Summary
Exicom Tele-Systems Limited announced robust financial results for Q4 and full year FY26, with consolidated revenue growing by 33% year-over-year to approximately ₹1,152 crore. The standalone business also demonstrated strong performance, with its Q4 revenue increasing 33% year-over-year and achieving its highest EBITDA margin of 10.6% for the fiscal year. A significant milestone was reached as consolidated EBITDA turned breakeven in Q4 FY26, a first since the Tritium acquisition, attributed to an improved product mix and sharper execution. While full-year consolidated PAT losses widened due to Tritium's full-year operational contribution, CEO Anant Nahata emphasized that Q4's trajectory validates the year's strategic direction and the company's future potential. The company also highlighted strong momentum in EV charging, including a doubling of EV export revenue and Tritium's record commercial quarter, coupled with a robust order pipeline for FY27.
Key Highlights
- 1
Consolidated revenue for the full financial year FY26 grew by 33% year-over-year to approximately ₹1,152 crore.
- 2
The standalone business recorded a Q4 FY26 revenue increase of 33% year-over-year, achieving an EBITDA margin of 10.6%, which was the highest for the fiscal year.
- 3
Standalone EBITDA for FY26 reached approximately ₹70 crore, with Profit After Tax (PAT) reported at about ₹13.6 crore.
- 4
Consolidated EBITDA turned breakeven in Q4 FY26, a notable first since the acquisition of Tritium.
- 5
EV exports revenue for the year surged by more than two times from the previous year, reaching approximately ₹30 crore, building a strong order pipeline for FY27.
- 6
Tritium, under Exicom ownership, achieved its strongest commercial quarter yet with USD $9.7 million in revenue, representing a 157% quarter-over-quarter growth.
- 7
Full-year consolidated PAT losses were wider in FY26 compared to FY25, primarily due to Tritium's full twelve months of operations.
Management Comments
Anant Nahata
FY26 demanded a lot of us, and Q4 reflects the result of that work. Revenues grew strongly, with both India and the global business contributing meaningfully. Our standalone business posted a strong EBITDA, and the consolidated business turned EBITDA-breakeven for the first time since the Tritium acquisition - reflecting better product mix, sharper execution, and Tritium beginning to scale commercially.
Informational and educational content only. Not investment advice.