Exicom
Exicom Tele-Systems (NSE: EXICOM) is an India-based public company that designs and manufactures EV charging infrastructure and critical power systems for telecom and data centre operators, serving Charge Point Operators, fleets, EV manufacturers, and government programs across 15+ countries.
- Company typePublic
- Founded1995
- HeadquartersGurugram, India
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Exicom does
Exicom Tele-Systems Limited (NSE/BSE: EXICOM) is an India-based public company founded in 1994/1995 and headquartered in Gurugram that operates two business segments: EV charging infrastructure and critical power systems for telecom and data centre operators. The company designs, manufactures, and sells AC home chargers (Spin Air, Spin Free), a portfolio of DC fast chargers (Harmony Direct 2.0, Slim 60 2.0, Harmony Wall, Harmony Distributed, Harmony Boost), software platforms (ChargeX, Harmony Connect, Spin Control App), and a turnkey deployment solution called Exicom One, alongside critical power products including rectifiers, solar chargers, M2000 controllers, power systems, telecom battery systems, and data centre power solutions. The core technology leverages three decades of telecom power electronics expertise for reliability in extreme environments, supplemented by Tritium's liquid-cooled DC fast charging technology (TRI-FLEX) acquired in September 2024 for USD 37 million, which added a US manufacturing footprint in Tennessee and R&D in Brisbane.
The company's revenue model is primarily hardware sales across both segments, supplemented by managed services bundled with Exicom One and software subscriptions. Go-to-market combines direct enterprise sales to CPOs, fleet operators, EV manufacturers, and government/telecom buyers, alongside an online marketplace for residential products and channel partnerships with CPOs and EV manufacturers. Customer segments include Charge Point Operators, Fleet Operators, EV Manufacturers (primary), Workplaces, Hotels, Heavy Duty Vehicles, and Telecom/Data Centre operators. Named enterprise and government customers include BharatNet (BharatNet III program), BSNL (4G Saturation Project), and San Francisco Bay Ferry (electric ferry charging). The company reported FY26 consolidated revenue of ₹1,152 crore (+33% YoY), operates in 15+ countries across South Asia, Southeast Asia, Middle East, Africa, Australia, the USA, and Europe, and has deployed 175,000+ chargers globally. A ₹216 crore integrated manufacturing facility in Hyderabad was inaugurated in March 2026, expanding production capacity 2.5X with Industry 4.0 automation and creating 750+ jobs. The company remains loss-making at the net level (Q3 FY26 net loss of ₹-54.31 crore) but achieved first consolidated EBITDA breakeven in Q4 FY26 since the Tritium acquisition.
Exicom firmographics
Firmographics- Name
- Exicom
- Legal name
- Exicom Tele-Systems Limited
- Website
- https://exicom.in
- Company type
- Public
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Exicom Tele-Systems (NSE: EXICOM) is an India-based public company that designs and manufactures EV charging infrastructure and critical power systems for telecom and data centre operators, serving Charge Point Operators, fleets, EV manufacturers, and government programs across 15+ countries.
- Ownership category
- akta.pro rank
Exicom industry classification
Industry- Product category
- EV Charging Infrastructure
- NAICS
- Electrical Equipment Manufacturing (3353), Battery Manufacturing (33591), Relay and Industrial Control Manufacturing (335314), Power, Distribution, and Specialty Transformer Manufacturing (335311)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600), Power, Distribution & Specialty Transformers (3612)
- akta.pro primary industry
- EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers) (IMACACAE)
- akta.pro secondary industries
- EV & Fleet Charging Equipment (AC/DC chargers, depot charging systems) (IMAGAHAF), Charging Infrastructure Components (connectors, cables, dispensers, payment/controls) (IMAGAHAH), EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG), Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), E-Mobility Chargers & Charging Docks (Consumer) (CRACASAJ)
Keywords
Where Exicom is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
Exicom business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure
Revenue model
- EV Charging Hardware: Sale of EV charging equipment including AC home chargers (Spin Air, Spin Free) and DC fast chargers (Harmony Direct 2.0, Slim 60 2.0, Harmony Wall, Harmony Boost). Revenue recognized upon product delivery. Primary revenue driver representing majority of company sales.
- Critical Power Solutions: Power systems for telecom, data centers, and industrial applications including rectifiers, solar chargers, controllers, power systems, telecom battery systems. Q3 FY26 segment revenue doubled YoY to ₹164.2 crore driven by BharatNet deliveries.
- Managed Services: Operations and maintenance services bundled with Exicom One turnkey solution, providing ongoing revenue from deployed charging infrastructure networks
- Software Subscriptions: Software platforms including ChargeX for charging network management and Spin Control App for home charging monitoring
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Home charging products (Spin Air, Spin Free) |
| Unit Pricing | Pay-as-you-go | Public DC fast chargers (Harmony series) |
| Other | Multi-year contract | Exicom One turnkey solution |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Exicom product offering
Product offeringCore offering
Exicom designs, manufactures, and sells EV charging hardware (AC home chargers Spin Air/Free and DC fast chargers Harmony series), software platforms for charging network management (ChargeX, Harmony Connect, Spin Control App), and turnkey deployment services (Exicom One). It also produces critical power solutions for telecom, data centers, and industrial applications (rectifiers, solar chargers, controllers, power systems, telecom battery systems). Following its acquisition of Australia's Tritium, it offers liquid-cooled high-power DC fast charging technology globally.
Product overview
Exicom offers a comprehensive EV charging and critical power solutions portfolio. The EV charging business spans home charging products (Spin Air, Spin Free with Spin Control App), public charging solutions (Harmony Direct 2.0, Slim 60 2.0, Harmony Wall, Harmony Distributed, Harmony Boost), integrated deployment platform (Exicom One), and software platforms (ChargeX, Harmony Connect). The critical power segment includes rectifiers, solar chargers, M2000 controllers, power systems, telecom battery systems, and data center solutions. Following the September 2024 acquisition of Australia's Tritium, Exicom also offers TRI-FLEX liquid-cooled power modules. The company operates manufacturing facilities in India (Gurugram and Hyderabad) and internationally through Tritium.
Differentiator
Problem solved
Functional benefit
Brands
- Spin: Home EV charging products including Spin Air and Spin Free wall box chargers
- Harmony
- Exicom One
- ChargeX
- Tritium
Products and services
- Spin Air Home EV wall box charger designed for residential use, part of Exicom's home charging product line.
- Spin Free
- Spin Control App
- Harmony Direct 2.0 Advanced DC fast charger for public charging infrastructure, offering enhanced reliability and efficiency for commercial deployment.
- Slim 60 2.0
- Harmony Wall
- Harmony Distributed
- Harmony Boost
- Exicom One Turnkey EV charging infrastructure solution combining site surveys, electrical setup, hardware, software, operations, and maintenance for Charge Point Operators and EV manufacturers.
- ChargeX
- Harmony Connect
- Rectifiers
- Solar Chargers
- M2000 Controller
- Power System
- Telecom Battery System
- Data Center Solutions
- Tritium DC Fast Chargers DC fast charger portfolio acquired via the Tritium acquisition, including TRI-FLEX liquid-cooled high-power charging modules for global markets.
Quantifiable outcome
- AC charger capacity increased to nearly 2 lakh units annually
- +4 more outcomes
Companies that use Exicom
Customer profileNamed customers3 records
Segments7 records
Ideal customer profiles6 records
Exicom technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Exicom partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Leading EV ManufacturercorePartnership for end-to-end high-power charging station rollout along key highway corridors and high-traffic locations using Exicom One platform. EV manufacturer leverages Exicom's turnkey deployment capabilities.
- Charger on WheelsminorExicom supports Charger on Wheels, a startup providing mobile EV charging services, to pilot and expand mobile charging solutions addressing urban grid capacity constraints. Collaboration aims to offer flexible, cost-effective charging options and accelerate EV adoption in India.
- ChargeZonecorePartnership for deployment of 500 renewable energy-integrated charging stations combining Exicom's hardware with ChargeZone's platform capabilities. Supports India's EV infrastructure buildout with sustainable charging solutions.
- IonageminorPartnership as part of Exicom's ecosystem strengthening strategy for EV charging infrastructure.
- Mufin Green InframinorPartnership as part of Exicom's broader strategy to strengthen EV charging ecosystem in India.
Scale indicators16 records
Recent moves7 records
Expansion highlights6 records
Exicom competitors and assessment
Company assessmentDirect peers
- Tata Power: One of India's largest EV charging network operators with EZ Charge brand, deploying AC and DC chargers across highways and cities. Directly competes with Exicom's domestic CPO and enterprise segments.
- Statiq: Indian EV charging network operator with one of the largest public charging footprints in India. Competes directly with Exicom on public DC fast charger deployments for CPOs and enterprises.
- ChargePoint: US-headquartered public EV charging network with global AC and DC charging hardware plus cloud software. Directly comparable to Exicom's combined hardware-software public charging proposition.
- Wallbox: Spanish smart EV charging company offering residential and public AC/DC chargers plus energy management software. Directly comparable product portfolio to Exicom's Spin and Harmony lines.
- Reliance Jio-BP: Joint venture between Reliance and BP building EV charging and battery swap infrastructure across India. Competes with Exicom on highway corridor charging and large enterprise/CPO contracts.
- Vertiv Holdings: US-listed critical digital infrastructure provider offering power, cooling, and IT systems for data centers and telecom networks. Comparable to Exicom's Critical Power segment for data centers and telecom operators.
Broad incumbents
- ABB E-mobility: Global leader in DC fast charging hardware for automotive, fleet, and heavy-duty applications. A larger incumbent with overlapping high-power DC charging portfolio targeting CPOs and fleets worldwide.
- Schneider Electric: Global energy management and automation major offering EVlink EV charging solutions alongside its industrial, data center, and power systems businesses. Overlaps with Exicom's critical power and EV charging portfolio.
- Delta Electronics India: Taiwanese power electronics giant with strong presence in EV charging (AC and DC), telecom power, and industrial automation. Directly comparable in both EV charging hardware and critical power for telecom.
- Eaton: Global power management company with EV charging solutions, UPS systems, and data center power infrastructure. Competes with Exicom in critical power and increasingly in EV charging as the markets converge.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks2 records
Key highlights7 records
Customer concentration
Exicom social profiles
Digital presenceExicom financial estimates
Financial estimateRevenue estimate
Valuation estimate
Exicom leadership team
Management profileNumber of profiles
Profiles1 record
Exicom subsidiaries and ownership
Company hierarchySubsidiaries2 records
Exicom funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Exicom M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Exicom
What does Exicom do?
Exicom designs, manufactures, and sells EV charging hardware (AC home chargers Spin Air/Free and DC fast chargers Harmony series), software platforms for charging network management (ChargeX, Harmony Connect, Spin Control App), and turnkey deployment services (Exicom One). It also produces critical power solutions for telecom, data centers, and industrial applications (rectifiers, solar chargers, controllers, power systems, telecom battery systems). Following its acquisition of Australia's Tritium, it offers liquid-cooled high-power DC fast charging technology globally.
Is Exicom a public or private company?
Exicom is a public company. It is classified as public and is currently operating.
When was Exicom founded?
Exicom was founded in 1995. It employs 1,001 to 5,000 people.
Where is Exicom based?
Exicom is headquartered in Gurugram, India, in the Asia region.
How does Exicom make money?
Four revenue lines are on record. EV Charging Hardware is the primary driver. The others are critical Power Solutions, managed Services and software Subscriptions.
Who are Exicom's main competitors?
Direct peers on record are Tata Power, Statiq, ChargePoint, Wallbox, Reliance Jio-BP and Vertiv Holdings. Broad incumbents are ABB E-mobility, Schneider Electric, Delta Electronics India and Eaton.
Does Exicom have an API?
No public API is recorded for Exicom.
What industry is Exicom in?
Exicom's product category is EV Charging Infrastructure. Its primary akta.pro industry code is IMACACAE, EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers), with a secondary code of IMAGAHAF, EV & Fleet Charging Equipment (AC/DC chargers, depot charging systems). Its NAICS code is 3353 and its SIC code is 3600.