What were Exicom's key achievements in Q2 FY26?

Exicom, a leading EV charging and critical power solutions provider, reported strong Q2 FY26 results with 84% year-on-year revenue growth and a solid turnaround in its standalone business, with EBITDA up 72% quarter-on-quarter and 154% year-on-year.

How did Exicom's critical power business perform in Q2 FY26?

Exicom's critical power business bounced back strongly this quarter, with around ₹170 crore in consolidated revenues, driven by renewed project activity post-monsoons and the company's delivery of smart power and energy storage systems for over 5,000 Bharat Net sites.

Home / Business and Economy / Exicom Surges Ahead: EV Charging and Critical Power Solutions Shine in Q2 FY26

Exicom Surges Ahead: EV Charging and Critical Power Solutions Shine in Q2 FY26

Q: What were the highlights of Exicom's EV Charging business in Q2 FY26?

Exicom witnessed strong momentum in its EV Charging business, with around 51,000 4w EVs sold this quarter, strong activity in e-buses and e-trucks, and rising investments by CPOs and OEMs towards fast-charging infrastructure, resulting in consolidated EVSE revenues of around ₹112 crore.

10 Nov

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Summary

Exicom reports 84% year-on-year and 37% quarter-on-quarter revenue growth
Standalone business delivers 72% QoQ and 154% YoY EBITDA growth
Secures new orders for Bharat Net and EV charging, expands global footprint

Exicom Surges Ahead: EV Charging and Critical Power Solutions Shine in Q2 FY26

Exicom Tele-Systems Limited, one of India's leading EV charging and critical power companies, has announced its financial results for Q2 FY26, reporting impressive growth. The company's consolidated revenues stood at around ₹282 crore, an 84% year-on-year and 37% quarter-on-quarter increase. While the consolidated bottom line remained under pressure with an EBITDA loss of ₹32.7 crore, the company's standalone business delivered a solid turnaround in both revenue and profitability.

Standalone revenues for Exicom reached around ₹228 crore, rising over 50% both sequentially and year-on-year. This was driven by a sharper focus on technology-led differentiation and customer engagement amid industry tailwinds. Standalone EBITDA for Q2 FY26 was ₹15.17 crore, up 72% quarter-on-quarter and 154% year-on-year.

The company's critical power business also bounced back strongly this quarter, with around ₹170 crore in consolidated revenues. This growth was driven by renewed project activity post-monsoons, where Exicom delivered smart power and energy storage systems for over 5,000 Bharat Net sites. The company also added a new system integrator under Bharat Net through a multi-year supply and AMC contract, further strengthening its role in rural connectivity.

In the EV Charging business, Exicom witnessed strong momentum, with around 51,000 4w EVs sold this quarter, strong activity in e-buses and e-trucks, and rising investments by CPOs and OEMs towards fast-charging infrastructure. Exicom's consolidated EVSE revenues reached around ₹112 crore, with broad-based wins across customer segments.

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