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Exicom Achieves EBITDA Breakeven as EV Charging Soars
20 May
Summary
- Consolidated EBITDA reached breakeven, a first since the Tritium acquisition.
- Standalone revenue grew 19% YoY to ~₹895 crore, consolidated revenue up 33% YoY.
- Exicom's Hyderabad plant, a new Industry 4.0 facility, increases manufacturing capacity 2.5x.
Exicom Tele-Systems Limited reported a significant financial turnaround in Q4 FY26, achieving consolidated EBITDA breakeven for the first time since its acquisition of Tritium. This milestone was driven by strong performance across its divisions.
The company's standalone revenue for FY26 reached approximately ₹895 crore, a 19% year-over-year increase, while consolidated revenue climbed to approximately ₹1,152 crore, a 33% year-over-year rise. The fourth quarter specifically showed substantial improvement, with consolidated EBITDA moving to breakeven from a loss of approximately ₹32 crore in Q3 FY26.
Exicom's EV charging segment demonstrated robust growth, tracking well above the market with a 27% quarter-over-quarter increase. This performance included record quarterly EVSE revenue and significant achievements in deploying charging infrastructure for major automotive OEMs. Tritium, the acquired company, also delivered its strongest quarter, generating USD $9.7 million in revenue and securing a substantial backlog.
The critical power division navigated a softer industry cycle but secured a landmark order for DC power systems and achieved its highest-ever quarterly exports to Africa, the Middle East, and Southeast Asia. Complementing these operational successes, Exicom inaugurated its integrated Hyderabad manufacturing facility in March 2026, a ₹216 crore investment expanding capacity 2.5 times and incorporating Industry 4.0 principles.
