Exicom

EV Charging Infrastructureexicom.in

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

EV charging infrastructure
DC fast chargers
Critical power systems
Telecom power solutions
Home EV chargers

Where Exicom is headquartered

Location

Headquarters

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 offering

Core 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 profile

Named customers3 records

Segments7 records

Ideal customer profiles6 records

Exicom technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature7 records

Exicom partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

Leading EV ManufacturercoreStrategic or Co-development Partner · 18 December 2025Partnership 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 WheelsminorStrategic or Co-development Partner · 25 September 2025Exicom 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.
ChargeZonecoreStrategic or Co-development Partner · 1 January 2025Partnership 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.
IonageminorStrategic or Co-development PartnerPartnership as part of Exicom's ecosystem strengthening strategy for EV charging infrastructure.
Mufin Green InframinorStrategic or Co-development PartnerPartnership 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 assessment

Direct 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 financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Exicom leadership team

Management profile

Number of profiles

Profiles1 record

Exicom subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Exicom funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Exicom M&A and investment

M&A and investment

M&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?

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.