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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Exicom Tele-Systems Ltd

Exicom Tele-Systems Q2 FY27 Results: Consolidated Revenue ₹388.3 Cr, Tritium Divestment Approved

RESULTS ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 04 Nov 2026, 02:58 PM IST  ·  BSE ID: 29a6f389-9537-4337-a016-1f9e43afaf95
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported higher quarterly revenue and positive consolidated profit before interest and taxes, while also deciding to sell a global fast-charging arm.
🤖 AI Summary
  • Exicom Tele-Systems reported consolidated revenue of ~₹388 crore for Q2 FY27, a 38% sequential increase.
  • Consolidated EBITDA turned positive at ~₹2 crore in Q2 FY27, compared to a loss of ₹32.7 crore in Q2 FY26.
  • The Board approved the divestment of the Tritium business at an indicative enterprise valuation of USD 85 million.
  • Standalone EVSE (Electric Vehicle Supply Equipment) revenue surpassed ₹100 crore for the first time in Q2 FY27.
  • Standalone business revenue grew 21.3% year-on-year to ~₹277 crore in the second quarter of FY27.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Consolidated Revenue (Q2 FY27)
~₹388 crore
Consolidated EBITDA (Q2 FY27)
~₹2 crore
Consolidated EBITDA (Q2 FY26)
₹-32.7 crore
Consolidated PAT (Q2 FY27)
₹-57.8 crore
Standalone Revenue (Q2 FY27)
~₹277 crore
21.3%
Standalone EBITDA (Q2 FY27)
₹25.6 crore
69%
Tritium Divestment Valuation
USD 85 million
🏢 How This Affects the Company
📈
Business Impact
The divestment of Tritium allows Exicom to focus financial resources on its core Indian EV charging and critical power markets, retaining perpetual licence to TRI-FLEX technology. The company also expanded its market share in the uncovered villages connectivity program and secured a large order for ~5K DC power systems with a tier 1 telecom operator.
💰
Financial Impact
Consolidated EBITDA turned positive at ~₹2 crore in Q2 FY27 from a loss of ₹32.7 crore in Q2 FY26. The Tritium divestment positions the company to potentially become debt-free in the near future and redeploy capital for aggressive growth.
⚙️
Operational Impact
The company's EV charging segment produced 2.5x AC and 2x DC chargers this quarter and entered 10 new countries with 10 new distribution partners for exports. The critical power business added new customers in Africa and the Middle East.
⚠️
Risk Impact
The divestment of the capital-intensive Tritium business decreases capital allocation risk for the company, while the reliance on the growing Indian EV and telecom infrastructure sectors continues.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this filing.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, including consolidated PAT loss narrowing to ₹57.8 crore, and the strategic decision to divest the Tritium business.
🔍
Management Signal
Management is signaling a strategic shift to double down on core Indian EV and critical power markets, aiming for stronger financial performance and a debt-free balance sheet through the Tritium divestment.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Q3 FY27 financial results — monitor consolidated profitability post-Tritium divestment.
Updates on Tritium divestment — confirmation of definitive transaction documents and closing.
Growth in EVSE revenue — check if it sustains above ₹100 crore in subsequent quarters.
MEDIUM RISK Continued consolidated PAT losses and the dependency on the execution of the Tritium divestment process introduce some risk.
💡 Investor Takeaway
Exicom Tele-Systems reported consolidated revenue of ~₹388 crore in Q2 FY27. Consolidated EBITDA turned positive at ~₹2 crore from a loss of ₹32.7 crore in Q2 FY26. The Board approved the divestment of its Tritium business at an indicative enterprise valuation of USD 85 million, aiming for a debt-free position.
⚖️ Strengths & Concerns

✅ Positives

  • Consolidated EBITDA shifted from a loss of ₹32.7 crore in Q2 FY26 to a positive ~₹2 crore in Q2 FY27.
  • Standalone revenue increased by 21.3% year-on-year to ~₹277 crore, with EVSE revenue crossing ₹100 crore for the first time.

⚠️ Concerns

  • Consolidated PAT losses narrowed to ₹57.8 crore in Q2 FY27 from ₹68.8 crore a year ago, still reflecting a net loss.
  • Consolidated EBITDA margin remained low at 0.5% in Q2 FY27, despite turning positive.
📅 Company Track Record
Exicom Tele-Systems previously filed its Q2 FY27 and half-year financial results on November 4, 2026, and separately announced Board approval for the USD 85 million Tritium business divestment on the same date. The company was recently listed via an IPO in March 2024, providing a limited public track record.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was Exicom Tele-Systems' consolidated revenue in Q2 FY27?
Exicom Tele-Systems reported consolidated revenue of ~₹388 crore for the second quarter ended September 30, 2026, of FY27.
What was Exicom Tele-Systems' consolidated EBITDA in Q2 FY27 compared to the prior year?
Consolidated EBITDA for Exicom Tele-Systems in Q2 FY27 was ~₹2 crore, compared to a loss of ₹32.7 crore in Q2 FY26.
What is the status of the Tritium business divestment by Exicom Tele-Systems?
Exicom Tele-Systems' Board approved the divestment of the Tritium business at an indicative enterprise valuation of USD 85 million, subject to due diligence and definitive agreements.
How much did Exicom Tele-Systems' standalone revenue grow in Q2 FY27?
Exicom Tele-Systems' standalone business revenue grew 21.3% year-on-year to ~₹277 crore in Q2 FY27.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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