#NSE0079– Exicom: Sustainable EV Charging & Critical Power solutions
Exicom Tele-Systems Ltd. is a key player in critical power solutions and electric vehicle (EV) charging infrastructure, leading India’s shift towards sustainable transportation. Here’s an overview of the company’s operations, achievements, and future plans:
Company Overview
- Industry Focus: Critical power systems and EV charging infrastructure.
- Market Leadership: 16% market share in the DC power systems market in India, with significant shares in the residential (60%) and public (25%) EV charging segments.
- Clientele: Over 70 customers including automotive OEMs, CPOs, and fleet aggregators.
- International Presence: Certifications for Thailand and Malaysia, sales offices in the UK and New Zealand.
Business Verticals
- Power Systems:
- Provides DC power systems and Li-ion-based energy storage solutions for telecommunications and enterprise environments.
- Ensures uninterrupted power supplies crucial for telecom infrastructure.
- EV Charging Solutions:
- Manufactures both slow (residential AC chargers) and fast (urban and highway DC chargers) charging solutions.
- Over 70,000 chargers installed globally across India, Southeast Asia, Europe, and the Middle East.
Manufacturing and R&D
- Manufacturing Facilities: Three locations in India (Solan, Himachal Pradesh, and Gurugram, Haryana).
- Annual production capacity: 12,000 DC power systems, 44,400 AC chargers, and DC fast chargers.
- R&D Centers: Two centers in Gurugram and Bengaluru, with 145 employees.
- New Facility: Investing ₹34.5 Cr in a new manufacturing unit in Telangana for critical power systems, EV chargers, and Li-ion batteries.
Recent Developments
- Product Launch: Harmony Gen 1.5 DC Fast Chargers with AI-driven remote management and high operational efficiency.
- Modular construction offering power outputs from 60 kW to 400 kW.
- Expansion: New manufacturing facility in Telangana, enhancing production capacity and technological capabilities.
Key Strengths
- Government Support: Benefit from policies like FAME II, promoting EV infrastructure and electrification.
- Strong Order Book: ₹491.10 crore, with significant orders from telecom and EV charging sectors.
- Advanced R&D: Recognized by the Government of India, with an investment of ₹19.32 Cr in FY23.
- Experienced Leadership: Qualified management team driving innovation and growth.
Financial Snapshot
- Shareholding Pattern:
- Promoters: 69.57%
- Foreign Institutional Investors (FIIs): 1.53%
- Domestic Institutional Investors (DIIs): 10.19%
- Retail Investors: 18.71%
Exicom Tele-Systems Ltd. is strategically positioned to capitalize on the growing demand for EV infrastructure and critical power solutions, backed by robust manufacturing capabilities, a strong R&D foundation, and significant market share in key segments.
Disclaimer-
It’s important to note that discussions like are for informational purposes only and should not be taken as specific We are not SEBI registered investment advisor. Whether analyzing a company’s financial health, examining market trends, or discussing technical chart patterns, the goal is to provide insights and perspectives that can help you make more informed decisions according to your own research and investment strategy. Always consider consulting with a financial advisor or conducting thorough personal research before making any investment decisions.
