Exide Industries Targets High Single to Double Digit Growth in Core Business

0 min read     Updated on 06 May 2026, 12:22 PM
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Suketu GScanX News Team
AI Summary

Exide Industries has expressed confidence that its core business can achieve high single to double digit growth. The company also expects its overall revenue growth to improve in the next year compared to the current year. These statements reflect the management's positive outlook on the company's near-term business performance.

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Exide Industries has outlined a positive growth outlook for its core business, with the company expressing confidence in achieving high single to double digit growth. This forward guidance underscores the management's belief in the underlying strength of its primary operations.

Revenue Growth Outlook

Alongside the core business growth expectations, Exide Industries has indicated that its overall revenue growth is expected to improve in the next year compared to the current year. This broader revenue improvement reflects the company's confidence in its operational momentum across segments.

Key Growth Highlights

The following summarizes the key growth expectations shared by Exide Industries:

Parameter: Details
Core Business Growth Target: High single to double digit growth
Overall Revenue Growth Outlook: Expected to improve next year vs. current year

The management's commentary points to a constructive trajectory for Exide Industries, with both core business performance and overall revenue metrics expected to trend positively in the period ahead.

Historical Stock Returns for Exide Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+3.63%+0.28%+21.97%-4.05%-1.57%+99.37%

Which specific business segments are expected to be the primary drivers of Exide Industries' double-digit growth, and how will the EV battery transition impact segment-wise revenue mix?

How might increasing competition from lithium-ion battery manufacturers and new market entrants affect Exide Industries' ability to sustain its projected high single to double digit growth trajectory?

What capital expenditure plans does Exide Industries have in place to support its revenue growth ambitions, particularly in expanding its lithium-ion battery manufacturing capacity?

Exide Industries Appoints Amol Mehra as President and Chief Procurement Officer

1 min read     Updated on 04 May 2026, 04:27 PM
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AI Summary

Exide Industries has appointed Mr. Amol Mehra as President and Chief Procurement Officer, effective 4th May 2026, under Regulation 30 of SEBI Listing Regulations. Mr. Mehra brings close to 28 years of expertise in commodities, non-ferrous metals, coal, and B2B and B2C sales and trading. He has previously held senior roles at Adani Group, Vedanta Group, Trafigura, Great Eastern Shipping, and Ballarpur Industries, with deep exposure to global markets across Africa, the Middle East, SE Asia, and China.

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Exide Industries has announced the appointment of Mr. Amol Mehra as President and Chief Procurement Officer, designating him as Senior Management Personnel (SMP) of the company with effect from 4th May 2026. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, with requisite details filed in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026.

Appointment Details

The key details of the appointment, as disclosed under Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are as follows:

Parameter: Details
Name: Mr. Amol Mehra
Designation: President and Chief Procurement Officer
Category: Senior Management Personnel (SMP)
Date of Appointment: 4th May 2026
Term: Full-time employment
Relationship with Directors: N.A.

Profile of Mr. Amol Mehra

Mr. Amol Mehra brings close to 28 years of expertise in the field of commodities, including non-ferrous metals and coal, as well as sales and trading across B2B and B2C segments. He has worked with reputed Indian and international organisations, including:

  • Adani Group
  • Vedanta Group
  • Trafigura
  • Great Eastern Shipping
  • Ballarpur Industries

Mr. Mehra has extensive experience in Indian markets as well as deep knowledge of global markets, including Africa, the Middle East, SE Asia, and China. In his most recent role, he served as Chief Business Officer & Jt. President at Adani Enterprise Limited, within their Integrated Resource Management Business, part of the Natural Resource Vertical.

He holds an MBA in Marketing and Production and a BE in Mechanical Engineering. Mr. Mehra joined Exide Industries on 2nd December 2024.

The disclosure has also been made available on the company's website at www.exideindustries.com . The intimation was signed by Jitendra Kumar, Company Secretary and President (Legal & Corporate Affairs), ACS No. 11159.

Historical Stock Returns for Exide Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+3.63%+0.28%+21.97%-4.05%-1.57%+99.37%

How might Mr. Mehra's deep expertise in non-ferrous metals sourcing, particularly from Africa and China, reshape Exide Industries' lead and lithium procurement strategy amid global supply chain volatility?

Could Mr. Mehra's background with Trafigura and Adani's commodity trading operations accelerate Exide's push to secure long-term raw material contracts for its lithium-ion battery gigafactory?

How will the strengthened procurement leadership impact Exide Industries' cost margins and competitive positioning against rivals like Amara Raja in an environment of fluctuating lead prices?

More News on Exide Industries

1 Year Returns:-1.57%