Relux Electric Pvt Ltd, an electric vehicle charging infrastructure provider, has outlined plans to more than double its revenue in FY27 while expanding its EV charging network fourfold to 100 stations in the near term.
Strong growth momentum
The Chennai-based company reported a 110% increase in revenue to ₹22.5 crore in FY26 from ₹10.7 crore in the previous year. It has also recorded three consecutive years of positive EBITDA and net profit, underscoring improving operational performance.
Ambitious expansion plans
Currently operating 25 EV charging stations across Punjab and Rajasthan, the company aims to scale up to 100 stations on key routes and high-growth areas in other cities in the near future. It is also in advanced discussions with multiple State governments to expand its footprint and build a nationwide EV charging ecosystem.
“Our multi-channel strategy across public charging, enterprise, EPC, and technology-driven segments will drive balanced and diversified growth. This year we plan to invest in highway land parcels across major highways to set up our own landmark hubs,” Relux Electric Pvt Ltd, Managing Director, S. Karthikeyan, said.
Strategic partnerships
Relux Electric has collaborated with Tamil Nadu Green Energy Corporation Ltd to set up 500 EV charging stations across Tamil Nadu, supporting the State’s ambition to become a leading EV hub.
Technology-led sustainable model
The company’s expansion strategy integrates renewable energy sources, battery storage and high-speed charging infrastructure to ensure sustainable and reliable operations.
With charging capacities ranging from 120 kW to 1 MW, the network is designed to cater to both passenger and commercial EVs across long-distance and intra-city travel.
Pan-India presence and outlook
Relux Electric currently operates across Tamil Nadu, Puducherry, Kerala, Telangana, Gujarat and Madhya Pradesh, offering end-to-end EV charging solutions for both private and public sectors.
The company is also targeting net-zero goals this fiscal, aligning with its broader commitment to sustainability and green energy adoption.
Relux offers individuals an entrepreneurial business model to participate in the EV revolution by starting their own charging stations with a 100% investment guarantee. Relux’s solutions are suited for home, commercial establishments and corporates.