Exide Industries , a leading battery manufacturer, has released its financial results for the second quarter, revealing a significant decline in revenue alongside strategic advancements in its lithium-ion cell manufacturing capabilities. The company also faces ongoing challenges in its export business but expresses confidence in a strong Q3 performance and rapid expansion of its solar business.

Financial Performance

Exide Industries reported an 18.00% decline in revenue for the quarter compared to the same period last year. While specific figures were not disclosed, this downturn highlights the challenges faced by the company in the current market environment.

Export Challenges

During a recent conference call, Exide's management indicated that the company's export business is expected to face continued difficulties in upcoming quarters. These anticipated challenges are attributed to ongoing tariff-related situations affecting the company's international sales operations.

Management Outlook on Q3 and Margins

Despite the Q2 challenges, Exide's management expressed confidence in sales growth for the upcoming quarter. They expect pent-up demand from Q2 to materialize in Q3, which could drive sales performance upward.

Additionally, the management stated that the company aims to demonstrate margins of 12.00-13.00%. This guidance indicates the company's target for improved profitability levels in its operations.

Progress in Lithium-ion Manufacturing

Despite the revenue setback and export challenges, Exide Industries shared positive developments regarding its lithium-ion cell manufacturing facility:

• The facility is approaching 100.00% utility readiness, indicating substantial progress in the company's foray into advanced battery technology.
• This achievement underscores Exide's commitment to diversifying its product portfolio and positioning itself in the growing electric vehicle and renewable energy storage markets.

Strategic Initiatives

Exide Industries outlined several key strategic initiatives aimed at strengthening its market position and driving future growth:

1. Market Expansion: The company is actively pursuing opportunities to broaden its market reach, potentially tapping into new segments or geographical areas.

2. Digitization Efforts: Exide is investing in digital transformation to enhance operational efficiency and improve customer experience.

3. Green Technology Solutions: The focus on lithium-ion cell manufacturing aligns with the company's broader strategy to develop and offer environmentally friendly energy storage solutions.

Solar Business Expansion

During the conference call, Exide announced plans to scale up its solar business. The company attributes this optimistic outlook to government schemes and reduced GST rates in the solar sector. This expansion into the solar market aligns with Exide's focus on green technology solutions and diversification strategy.

Financial Stability

An important highlight from the update is Exide Industries' continued debt-free status. This financial prudence provides the company with a solid foundation to weather market fluctuations and invest in future growth opportunities.

Outlook

While the revenue decline and export challenges present immediate concerns, Exide Industries' strategic focus on lithium-ion technology, green solutions, and solar business expansion positions the company to capitalize on the evolving energy storage and renewable energy markets. The progress in its manufacturing facility, coupled with ongoing market expansion and digitization efforts, suggests a forward-looking approach to addressing changing market dynamics.

The management's confidence in Q3 sales recovery, the anticipated growth in the solar business, and the targeted 12.00-13.00% margin demonstration add positive notes to the company's near-term prospects. Investors and industry observers will likely keep a close watch on how these initiatives and the anticipated Q3 recovery translate into financial performance in the coming quarters, particularly as the lithium-ion facility ramps up to full operational capacity and the solar business expands. Additionally, the company's ability to navigate the export challenges and tariff-related issues will be crucial for its international business performance.

Exide Industries Limited, a leading player in the automotive battery sector, has announced its upcoming earnings conference call to discuss the Q2 FY25-26 business updates. The call is scheduled for Monday, November 17, 2025, at 12:00 PM IST, providing investors and analysts with an opportunity to gain insights into the company's recent performance.

Key Details of the Earnings Call

Senior Management Participation

The call will feature key members of Exide Industries' leadership team:

• Mr. Avik Roy, Managing Director & CEO
• Mr. Manoj Kumar Agarwal, Director-Finance & CFO
• Mr. Jitendra Kumar, President (Legal & Corp. Affairs) & Company Secretary

International Dial-in Information

For international participants, the call timings are as follows:

Accessing the Call

Investors and analysts interested in participating can use the Express Login with Diamond Pass feature by visiting the provided link: https://tinyurl.com/ExideQ2FY26

Significance for Investors

This earnings call presents a valuable opportunity for stakeholders to:

1. Gain direct insights into Exide Industries' financial performance for Q2 FY25-26
2. Understand the company's strategic direction and future outlook
3. Engage with the senior management through a potential Q&A session

The participation of key executives in the call underscores the company's commitment to transparency and open communication with its investors and the analyst community.

As Exide Industries continues to navigate the dynamic automotive and energy storage markets, this earnings call will likely provide crucial information for assessing the company's market position and financial health.

Investors and interested parties are advised to register for the call in advance to ensure their participation in this important corporate event.