Amara Raja Energy & Mobility will host a virtual meeting with analysts and investors on August 28, 2026. The session is scheduled for 4:00 pm IST.

The company disclosed the schedule under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. While the initial disclosure specified OysterRock Capital as the counterparty, the updated filing broadens the scope to include analysts and other investors. No presentation will be made during the meeting.

Meeting Details

The virtual interaction aims to facilitate dialogue between the management team and market participants. The company emphasized that no unpublished price-sensitive information will be shared during the session.

Vikas Sabharwal, Company Secretary and General Counsel, signed the disclosure. The date and time of the meeting remain subject to change due to exigencies on the part of the investor or the company.

Amara Raja Energy & Mobility has indicated it anticipates a recovery in automotive international sales after recording a 20% decline in Q1, a drop primarily attributed to challenges in the Middle East market. The company remains focused on navigating these headwinds while advancing its strategic investments across both its legacy lead-acid and emerging new energy businesses.

Capital Expenditure Plans for FY '27

Amara Raja has outlined a significant capital allocation strategy for FY '27, with total capital expenditure estimated at INR 1,700 crores. The following table provides a breakdown of the planned expenditure:

The substantial tilt toward new energy underscores the company's strategic pivot, with INR 1,300 crores directed toward new energy initiatives and the rest designated for the lead-acid segment, which includes recycling operations.

Giga-1 Plant and BESS Project Progress

Amara Raja's Giga-1 plant is set for launch in H1 FY '28, with the Battery Energy Storage System (BESS) factory reported to be on schedule. Key details of the BESS project are outlined below:

The BESS project is expected to require INR 250 to 300 crores for a 10 GWh capacity. Operating margins for this segment are targeted in the range of 5% to 7%, with the potential to rise to 7% to 8% upon commencement of local production.

Lead-Acid Battery Business Outlook

On the domestic front, Amara Raja projects 9% to 10% revenue growth for its lead-acid battery business. This growth is expected to be fueled by domestic aftermarket gains, with the following segment-wise expectations:

• Two-Wheeler Aftermarket: Lower double-digit growth
• Four-Wheeler Aftermarket: 7% to 8% growth

The domestic aftermarket segment is anticipated to be a key driver of revenue momentum for the lead-acid battery division, even as the company manages the recovery in its international automotive sales.

Key Highlights

• Automotive international sales declined 20% in Q1 due to Middle East market challenges; recovery is anticipated
• FY '27 total capex estimated at INR 1,700 crores, with INR 1,300 crores for new energy initiatives
• Giga-1 plant launch targeted for H1 FY '28; BESS factory on schedule
• BESS project requires INR 250 to 300 crores for 10 GWh capacity
• BESS operating margins targeted at 5% to 7%, rising to 7% to 8% with local production
• Lead-acid battery revenue growth projected at 9% to 10%