Exide Industries has expressed confidence in sustaining its growth momentum as it moves from Q3 into Q4. The company anticipates continued positive performance across its core business segments during this transition period.

Lead Acid Business Outlook

The company maintains a positive outlook for its lead acid business in Q4 FY26. This optimism is grounded in the expanding market demand across several key sectors that rely heavily on lead acid battery solutions.

Key Growth Drivers

The anticipated growth is expected to be fueled by rising demand across three primary sectors:

• Automotive Sector: Continued demand from the automotive industry for lead acid batteries
• Solar Energy: Growing applications in solar energy storage solutions
• Power Backup: Increasing requirements for power backup systems

Market Positioning

The diversified demand across automotive, renewable energy, and power backup sectors positions Exide Industries to capitalize on multiple growth opportunities. The company's lead acid business appears well-positioned to benefit from the expanding applications of battery technology across these varied market segments.

The positive business outlook reflects the company's strategic positioning in sectors experiencing sustained demand growth, particularly in the evolving energy storage and automotive markets.

Exide Industries management has provided clarity on the company's recent pricing strategy during a conference call, outlining a measured approach to price adjustments in response to market conditions.

Q3 Pricing Strategy

The company confirmed that no price increases were implemented during the third quarter. This decision reflects the management's cautious approach during the quarter, likely considering market dynamics and competitive positioning.

January Price Implementation

Following the Q3 period, Exide Industries implemented a price hike in January. This timing suggests the company waited for the new calendar year to adjust its pricing structure, potentially to align with budget cycles and market expectations.

Future Pricing Outlook

Management has indicated that additional stage-wise price increases remain under consideration. The company's approach will be:

• Monitoring macro-economic conditions closely
• Implementing increases in stages rather than large single adjustments
• Maintaining flexibility based on market dynamics

This strategic pricing approach demonstrates the company's commitment to balancing profitability with market competitiveness while remaining responsive to broader economic trends.