[Click eStock] "T-Robotics Forms 'Triumvirate' of Vacuum Robots, ESS, and Humanoids... Accelerating Profit Growth in 2027"

Following a recovery in shipments of vacuum robots for displays, T-Robotics is expected to accelerate its earnings growth in 2027 as the company ramps up new revenue streams from Energy Storage Systems (ESS) and launches its industrial humanoid business in earnest.

Sunjae Heo, a research analyst at SK Securities, projected in a report on the 23rd that T-Robotics would achieve sales of 9.83 billion won and an operating profit of 710 million won in 2027. He did not provide an investment opinion or a target price.

T-Robotics mainly manufactures vacuum robots used in display and semiconductor processes, as well as Autonomous Mobile Robots (AMRs). Its main clients include an unnamed American company, Samsung Display, LG Display, BOE, and Ford Energy.

This year, the company expects the recovery in its vacuum robot business to be driven by renewed investment from display makers in the Greater China region. Analyst Heo explained, "T-Robotics suffered a downturn in the first quarter due to a gap in client investments, but starting in the third quarter, shipments to Chinese panel makers such as BOE are expected to surge, resulting in annual vacuum robot sales of about 4.24 billion won this year." He added, "This is a 25.8% increase year-on-year and far exceeds the average sales of around 3 billion won posted annually from 2023 to 2025."

The ESS business is also emerging as a new growth driver. T-Robotics secured Ford Energy as a new customer this year and has accumulated 1.86 billion won in orders through September. As a result, this year's sales of autonomous mobile robots are expected to reach 980 million won, a 133.3% increase year-on-year.

The commercialization of the humanoid business is also becoming more tangible. T-Robotics is conducting field testing of its proprietary industrial humanoid "TR-WORKS" within the "KAIROS" physical AI dark factory demonstration platform, a project supported by the Ministry of Science and ICT.

TR-WORKS combines an upper-body unit based on vacuum robot technology with the autonomous mobile robot platform and is a type of industrial humanoid specialized in transport and loading operations between manufacturing processes. The company expects to begin supplying related products starting next year.

"With the KAIROS demonstration as a catalyst, supply expansion is anticipated to extend to the North Jeolla AX business and the Saemangeum Physical AI Cluster," said analyst Heo. "In particular, Hyundai Motor Group is building a robotics manufacturing and parts cluster as part of an AI industry hub in Saemangeum, North Jeolla, laying the foundation for mid- to long-term supply growth."

Strong performance improvement is also anticipated. Analyst Heo forecasts consolidated sales for T-Robotics to reach 6.21 billion won this year, up 41.8% from a year earlier. In the third quarter specifically, the company is expected to post 1.7 billion won in operating profit, returning to profitability for the first time in six quarters.

The company’s growth trajectory is expected to widen next year as the existing vacuum robot business rebounds and ESS and humanoid businesses are added. Heo projected, "With new ESS client acquisitions, the start of humanoid supply, and business expansion from AI Robotics' client growth, 2027 sales will climb 58.1% year-on-year to 9.83 billion won, with an operating profit of 710 million won, marking a turnaround in profitability."

T-Robotics is expected to accelerate its performance improvement in 2027 by broadening its business scope from the recovery of its vacuum robot business to include ESS as well as industrial humanoids.

This content was produced with the assistance of AI translation services.