Exicom Tele-Systems Limited (NSE: EXICOM) announced its financial results for the first quarter of FY27, marking a strong start with significant order wins across both businesses. Standalone revenue rose sharply by ~57% year on year to ₹237 crore, and EBITDA more than doubled to ~₹21 crore, lifting the EBITDA margin for Q1 to 8.8%.

EV Charging Business Gains Momentum

The EV charging business saw robust growth, with a YoY increase of 35% in Q1 FY27. Exicom recorded a 15% year-on-year revenue growth in its India EV business, and order booking remained healthy. Notably, Exicom became the sole supplier of 7.4 kW units to a leading carmaker and launched an AI-chatbot, SpinWise, along with a new generation of its Spin Control app.

Tritium and Critical Power Drive Order Intake

Tritium recorded USD 10.3 million in revenue and 508 charger sales in the current quarter. The business booked USD 20.8 million in orders, roughly double the previous quarter. The next phase of Tritium’s progress is now showing in its order book, with its newest high power charging system TRI-FLEX under lab validation with the largest open public charging network in the US.

Critical Power revenue grew 80% year on year, driven by 5G site expansion and Bharat Net Phase 3. Exicom’s Battery Energy Storage Systems (BESS) portfolio added 14 customers and close to ₹20 crore in bookings in Q1. Anant Nahata, Managing Director and CEO, remarked on the performance, stating, “Against the same quarter last year this is a stronger business. The Q1 revenue trajectory materialized as planned, however, cost pressure took more out of margins than what we anticipated. Looking at FY27, we are excited to see the EV market expand beyond its current shape and form. I am confident about the year ahead, and that confidence comes from where both our businesses now sit, with more customers, more geographies, a deeper order book, and commitments that deliver through FY27.”

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Exicom Tele-Systems Limited

Exicom Tele-Systems Limited belongs to the Industrials › Electrical Equipment & Parts sector. Here’s a quick read on where the business and the stock stand today.

Exicom gains 33.1% over three months and trades near its 52-week highs. Margins at 23.8% are impressive but need to be sustained — any compression would be a red flag. 5 loss quarters over five years is a serious red flag — earnings quality is poor and recovery is not guaranteed. The stock trades at 78% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Revenue grows at 17.6% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of Exicom Tele-Systems Limited.