Manufactures power electronics and EV charging equipment in two segments. Critical Power makes DC power systems, battery energy storage, and related solutions for telecom operators, data centres, and off-grid/solar applications, and accounted for about 69% of segment revenue in FY26 with revenue of 617.66 crore. EV Charger sells AC and DC chargers for electric vehicles, including through its US-based subsidiary Tritium acquired in September 2025, contributing 31% of segment revenue at 277.14 crore. In Q4 FY26 alone, EV charging posted an all-time-high 88 crore in revenue, while Critical Power grew 23% year-on-year to 194.15 crore. The order book stood at about 1,000 crore with an additional 400 crore pipeline, and the new Hyderabad manufacturing facility, built on a 216 crore investment, is fully operational. The largest input cost is materials and components at 69% of revenue, followed by employee costs at 19%, and the business is capital-heavy with capex of 199.69 crore in FY26. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Critical Power (69%), EV Charger (31%). Capital-intensive, manufacturing-led power electronics and EV charging hardware
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 1,020 | 868 | 1,152 |
| EBITDA (ex other income) | 112 | (37) | (120) |
| margin % | 11.0 | (4.3) | (10.4) |
| Owners' profit | 64 | (110) | (274) |
| EPS, as reported (₹) | 6.70 | (9.11) | (20.36) |
| ROE % · ROCE % | 8.9 · 15.0 | (17.9) · (5.6) | (42.1) · (19.6) |
| Debt / equity (x) | 0.04 | 0.74 | 0.68 |
| Cash from operations | 28 | (169) | (87) |
| Capex | (37) | (443) | (200) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 153 | 197 | 266 | 205 | 282 | 277 | 388 | 331 |
| Profit before tax | (16) | (52) | (61) | (83) | (70) | (68) | (49) | (72) |
| Net profit | (17) | (49) | (62) | (83) | (69) | (68) | (54) | (74) |
| EPS (₹) | (1.41) | (4.05) | (5.15) | (6.87) | (5.35) | (5.12) | (4.03) | (4.98) |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Critical Power | 642 | 55.7 |
| EV Charger | 510 | 44.3 |
| Total, before eliminations | 1,152 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ABB INDIA LIMITED | 1,54,136 | 51.6 | 16.50 | — | 23.0 | 10.2 | — | 15.2 |
| BHEL | 1,50,076 | 61.7 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 31 Aug 2026 · Customs order imposes Rs 14.49 crore duty liability; company to appeal | regulatory legal | high | — | — |
| 31 Aug 2026 · Reply to BSE query on sudden rise in trading volume | regulatory legal | medium | — | — |
| 31 Aug 2026 · BSE seeks clarification from Exicom on volume movement | regulatory legal | medium | — | — |
| 28 Aug 2026 · Exicom clarifies volume spike, says no undisclosed material info | regulatory legal | medium | — | — |
| 28 Aug 2026 · Exicom publishes 32nd AGM notice; e-voting Sep 24 to 27 | compliance | minimal | — | — |
| 28 Aug 2026 · NSE seeks clarification on unusual trading volume | regulatory legal | medium | — | — |
| 27 Aug 2026 · Exicom Tele-Systems: Letter sent to shareholders for 32nd AGM notice access | compliance | minimal | — | — |
| 27 Aug 2026 · Exicom Tele-Systems files newspaper ad for 32nd AGM notice dispatch | compliance | minimal | — | — |
| 26 Aug 2026 · Exicom 32nd AGM on Sep 28, 2026 - RPT approvals up to Rs 760 cr | board shareholder meetings | low | — | — |
| 21 Aug 2026 · Exicom 32nd AGM on Sep 28, 2026 via video conferencing | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 5.74 |
| 49.8 |
| 6.1 |
| 4.7 |
| 14.3 |
| 9.3 |
| CG POWER AND IND SOL LTD | 1,43,168 | 93.7 | 17.46 | 77.9 | 14.6 | 19.2 | 33.2 | 14.7 |
| SIEMENS LTD | 1,40,869 | 43.0 | 10.17 | 39.7 | 19.9 | 20.6 | 31.1 | 11.6 |
| HITACHI ENERGY INDIA LTD | 1,40,200 | 121.8 | 27.09 | — | 19.1 | 24.7 | — | 16.9 |
| GE VERNOVA T&D INDIA LTD | 1,16,454 | 89.2 | 43.29 | — | 45.8 | 57.9 | — | 27.4 |
| SIEMENS ENERGY INDIA LTD | 1,13,147 | 76.0 | 23.51 | — | 14.3 | 15.8 | — | 25.9 |
| SUZLON ENERGY LIMITED | 60,678 | 19.4 | 6.41 | 18.8 | 33.4 | 22.7 | 38.0 | 16.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 3.9 | 5.7 | 11 of 33 | 69% |
| ROCE | (24.8) | 16.6 | 35 of 36 | 3% |
| ROE | (42.1) | 14.6 | 34 of 35 | 3% |
| Debt / Equity | 0.7 | 0.1 | 33 of 35 | 6% |
| EBITDA margin | (5.1) | 16.4 | 35 of 35 | 0% |
| Revenue growth | 61.3 | 17.7 | 6 of 33 | 84% |
| Profit growth | 11.5 | 6.7 | 16 of 32 | 52% |
| Market cap | 2537 | 7198 | 24 of 35 | 32% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
