Eveready Industries Unveils Growth Strategy Amid Strong Q1 Performance

2 min read     Updated on 05 Aug 2025, 10:54 PM
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Overview

Eveready Industries reported a 7.1% increase in revenue to ₹374.14 crore for Q1 FY2026, with PAT rising 2.8% to ₹30.20 crore. The company plans to expand premium alkaline battery production at its Jammu plant by FY2026. Eveready aims to triple revenue from the lighting segment and maintain leadership in rechargeable flashlights. The batteries segment grew 9.8%, with alkaline batteries showing 58% growth. The company's strategy focuses on premium portfolio expansion, distribution network revamp, and innovation.

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*this image is generated using AI for illustrative purposes only.

Eveready Industries , a leading player in the consumer goods sector, has outlined an ambitious growth strategy while reporting robust financial results for the first quarter of FY2026.

Expansion Plans and Strategic Focus

The company has announced plans to expand its premium alkaline battery production at its Jammu plant by FY2026. This move is part of Eveready's broader strategy to strengthen its position in the high-end battery segment. The focus on premium products is expected to drive growth and improve profit margins.

In addition to batteries, Eveready Industries aims to maintain its leadership in the rechargeable flashlight category. The company has set an ambitious target to triple its revenue from the lighting segment, with a particular emphasis on high-end products.

Q1 FY2026 Financial Highlights

Eveready Industries has reported strong financial performance for the quarter ended June 30, 2025:

  • Revenue from operations increased by 7.1% year-on-year to ₹374.14 crore
  • Operating EBITDA grew by 7.7% to ₹53.60 crore
  • Profit after tax (PAT) rose by 2.8% to ₹30.20 crore

The company maintained a healthy EBITDA margin of 14.3% during the quarter.

Segment-wise Performance

Segment Revenue (₹ Crore) Y-o-Y Growth
Batteries 238.30 9.8%
Flashlights 67.50 12.8%
Lighting 77.90 -4.4%

The batteries segment, which contributes 62% to the topline, showed strong growth in both carbon-zinc and alkaline categories. Notably, the alkaline battery portfolio experienced a remarkable 58% growth in revenue.

The flashlight segment also performed well, with a 12.8% increase in revenue. Rechargeable flashlights were particularly strong, registering a 39% growth.

While the lighting segment faced a slight decline of 4.4%, the company remains optimistic about its future prospects, especially in the professional lighting category.

Strategic Initiatives

Eveready's growth strategy is built on three core pillars:

  1. Accelerate: Focus on premium portfolio expansion, supported by the upcoming greenfield facility.
  2. Collaborate: Revamping distribution networks for improved efficiency and profitability.
  3. Innovate: Driving category-wide innovation through dedicated R&D efforts.

The company is also aligning itself with emerging trade channels, including quick-commerce and modern retail, to enhance its market reach.

Outlook

Suvamoy Saha, Managing Director of Eveready Industries, commented on the results and strategy, stating, "Our focus on premium offerings and innovation is yielding positive results. The strong performance in batteries and flashlights, coupled with our strategic initiatives, positions us well for sustained growth."

As Eveready Industries continues to execute its growth strategy, the company appears well-positioned to capitalize on the evolving consumer goods market, with a clear focus on premium products and technological innovation.

Historical Stock Returns for Eveready Industries

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Eveready Industries Reports Marginal Growth in Q1 EBITDA and Margin

2 min read     Updated on 05 Aug 2025, 02:32 PM
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Reviewed by
Radhika SahaniScanX News Team
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Overview

Eveready Industries India Ltd reported a 7.09% increase in revenue to ₹374.14 crore and a 7.85% rise in EBITDA to ₹53.60 crore for Q1 FY2026. The EBITDA margin improved slightly to 14.3%. The company recognized an exceptional charge of ₹7.07 crore for non-recurring ex-gratia payments. Despite challenges, the company demonstrated resilience in its financial performance.

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*this image is generated using AI for illustrative purposes only.

Eveready Industries India Ltd , a leading manufacturer of batteries and flashlights, has reported a slight increase in both profit and revenue for the first quarter. The company's financial results show resilience in a challenging market environment.

Financial Highlights

Eveready Industries reported Q1 EBITDA of ₹53.60 crore compared to ₹49.70 crore in the same period last year, representing year-over-year growth of 7.85%. The company's EBITDA margin improved slightly to 14.3% from 14.2% in the previous year's corresponding quarter.

The company's revenue from operations rose to ₹374.14 crore from ₹349.37 crore year-over-year, representing a growth of 7.09%.

Key Financial Metrics

Particulars (₹ in crore) Q1 FY2026 Q1 FY2025 % Change
Revenue from Operations 374.14 349.37 7.09
EBITDA 53.60 49.70 7.85
EBITDA Margin 14.3% 14.2% 0.10

Operational Performance

The company's total income for the quarter stood at ₹376.56 crore, including other income of ₹2.42 crore. Despite facing challenges, Eveready Industries managed to control its expenses effectively. The total expenses for the quarter were ₹333.28 crore, compared to ₹314.18 crore in the corresponding quarter of the previous year.

Exceptional Item

During the quarter, Eveready Industries recognized an exceptional charge of ₹7.07 crore related to non-recurring ex-gratia payments made to workmen on separation. This impacted the company's profit before tax, which stood at ₹36.21 crore for the quarter.

Management Commentary

Suvamoy Saha, Managing Director of Eveready Industries India Ltd, stated in the company's filing, "The Board of Directors has reviewed and approved the unaudited Financial Results for the quarter ended 30th June 2025. Despite challenges, we have managed to achieve growth in both revenue and profit, reflecting the resilience of our business model and the strength of our brand."

Future Outlook

While the company continues to face ongoing litigation with the Competition Commission of India regarding a penalty imposed in 2018, it has received legal advice that the final penalty amount cannot be reliably estimated at this stage due to the uncertainty of the litigation's outcome.

Eveready Industries remains focused on its core business of consumer goods, including dry cell batteries, rechargeable batteries, flashlights, and lighting products. The company's ability to maintain growth in a competitive market environment suggests a stable outlook for the coming quarters.

Note: The financial results are subject to limited review by the statutory auditors of the company.

Historical Stock Returns for Eveready Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.17%+10.82%+16.92%+51.33%-1.08%+215.64%
Eveready Industries
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