Exide Industries
377.35
-2.50(-0.66%)
Market Cap₹32,074.80 Cr
PE Ratio37.53
IndustryAutomobiles
Company Performance:
1D-0.66%
1M-6.33%
6M+0.35%
1Y-15.73%
5Y+126.98%
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More news about Exide Industries
24Sept 25
Exide Industries Seeks Shareholder Approval for Two New Executive Directors
Exide Industries has announced plans to expand its board by appointing two new Executive Directors. The company seeks shareholder approval for Rajeev Ramesh Chand Khandelwal and Pravin Ramchandra Saraf to join as Executive Directors for a three-year term from September 1, 2025, to August 31, 2028. Khandelwal will oversee marketing, sales, and service functions of the Trade business, while Saraf will be responsible for Manufacturing, Supply Chain Management, Operational Excellence, Projects, and R&D. The appointments aim to enhance operational expertise and ensure balanced board composition. Shareholders can vote on these appointments through remote e-voting from September 25 to October 24, 2025.
03Sept 25
Exide Industries May Benefit from Potential Government Incentives for Critical Mineral Recycling
The Indian government is considering an incentive program to promote critical mineral recycling processes, which could significantly impact the battery sector. As a leading battery manufacturer, Exide Industries may potentially benefit from this initiative. The program aims to boost recycling of critical minerals used in batteries, such as lithium, cobalt, nickel, manganese, and graphite. This could lead to increased recycling capacity, cost reduction, environmental benefits, and competitive advantages for companies with established recycling capabilities.
20Aug 25
Exide Industries Injects ₹100 Crore into Subsidiary for EV Battery Plant
Exide Industries has invested an additional ₹100 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL), bringing the total investment to ₹3,802.00 crore. The investment, made through subscription to 2,50,00,000 equity shares at ₹40.00 per share, aims to support EESL's ongoing greenfield lithium-ion cell manufacturing plant project in Bengaluru. EESL, incorporated in March 2022, focuses on manufacturing lithium-ion battery cells for EVs and stationary applications. Despite reporting a loss after tax of ₹209.12 crore, EESL's net worth stands at ₹2,738.06 crore. This move strengthens Exide's position in the growing EV battery market.
05Aug 25
Exide Industries Reports Progress on Lithium-Ion Project and Q1 Results
Exide Industries announced significant progress on its lithium-ion cell manufacturing project through its subsidiary, Exide Energy Solutions Limited (EESL). The project is on track for commercialization in FY26, with equipment installation and construction nearing completion. The company has invested a total of Rs 3,702.23 crore in EESL. Exide also reported robust Q1 financial results, with revenue increasing 4.6% YoY to Rs 4,510.00 crore and PAT growing 14.3% to Rs 320.00 crore. The EBITDA margin improved to 12.2%. The solar business emerged as the fastest-growing segment, while the replacement market for two-wheeler and four-wheeler batteries showed strong demand. However, the auto OEM business faced challenges due to lower demand from vehicle manufacturers.
05Aug 25
Exide Industries Reports 24% Jump in Net Profit to Rs 275 Crore
Exide Industries posted strong Q1 results with a 24% YoY increase in consolidated net profit to Rs 275.00 crore. Revenue grew 5.9% to Rs 4,695.00 crore. EBITDA margin improved to 12.2%. The company saw double-digit growth in auto replacement, solar, and industrial UPS segments, while auto OEM and exports remained subdued. Its lithium-ion subsidiary, EESL, invested Rs 300.00 crore in Q1 with production expected to start by fiscal year-end.
22Jul 25
Exide Industries Invests ₹100 Crore in Subsidiary for Advanced Battery Cell Manufacturing
Exide Industries Limited has invested ₹100 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL), by subscribing to 2,50,00,000 equity shares at ₹40 per share. This investment brings Exide's total investment in EESL to ₹3,702.23 crore. The funds will support EESL's greenfield plant in Bengaluru for manufacturing lithium-ion battery cells, modules, and packs, targeting India's electric vehicle market and stationary applications. EESL, incorporated in March 2022, reported a net worth of ₹2,738.06 crore and a turnover of ₹116.89 crore as of March 31, 2025.
27May 25
Exide Industries Faces Potential Supply Chain Disruption as China Halts Magnet Exports to India
Exide Industries, a leading Indian battery manufacturer, may experience significant production disruptions due to China's reported halt on magnet exports to India. These magnets are crucial for battery manufacturing, potentially impacting Exide's supply chain and operations. The situation highlights the vulnerability of India's battery industry to international supply disruptions and may necessitate alternative sourcing strategies or technological adaptations.
07May 25
Exide Industries Reports Slight EBITDA Margin Pressure Amid Rising Raw Material Costs
Exide Industries, a leading battery manufacturer, reported a 4.82% increase in revenue to Rs 4,379.50 crore for Q4 FY2025. Despite facing pressure on EBITDA margins due to increased raw material costs, the company managed to grow its EBITDA by 4.15% to Rs 472.00 crore. Net profit rose by 1.18% to Rs 187.90 crore. The company's ability to maintain growth while navigating raw material cost challenges demonstrates its strong market position and effective cost management strategies.
30Apr 25
Exide Industries Reports Q4 Profit Dip, Announces Leadership Changes
Exide Industries reported a 3.7% increase in standalone revenue to Rs 4,159.42 crore for Q4 FY25, but net profit decreased by 10% to Rs 254.60 crore. Full-year revenue grew 3.5% to Rs 16,588.11 crore, with net profit up 2.3% to Rs 1,076.93 crore. The company saw strong performance in automotive replacement and industrial UPS markets, but faced challenges in Home-UPS and Auto OEM segments. Significant leadership changes were announced, including the retirement of Chairman Bharat D Shah and the appointment of Sridhar Gorthi as the new Chairman. The company also reported progress on its lithium-ion cell manufacturing project.
30Apr 25
Exide Industries Reports Strong Growth in Q4, Advances on Lithium-Ion Plant
Exide Industries posted standalone revenues of Rs. 4,159.00 crore in Q4 FY2024-25, up 3.50% YoY and 8.10% QoQ. EBITDA stood at Rs. 467.00 crore, up 4.00% QoQ. The company saw strong growth in replacement markets and industrial UPS trade business. Its lithium-ion cell manufacturing project progressed with Rs. 1,000.00 crore invested in FY2024-25. The Board proposed a final dividend of Rs. 2.00 per equity share.
30Apr 25
Exide Industries: Q4 Profit Declines 11%, Demand Expected to Improve
Exide Industries reported a 4% increase in Q4 FY2024-25 revenue to 4,159.00 crore rupees, but faced profitability challenges with an 11% decrease in net profit to 254.00 crore rupees. The company plans to invest up to 1,200.00 crore rupees in Exide Energy Solutions and declared a dividend of 2.00 rupees per equity share. Despite Q4 challenges, Exide maintains a positive outlook on future demand.
21Apr 25
Exide Industries Bolsters Energy Solutions Arm with ₹300 Crore Investment
Exide Industries has announced a strategic investment of ₹300 crore in its subsidiary, Exide Energy Solutions. This move aims to strengthen the company's position in the energy storage and management sector, aligning with global trends in renewable energy and electric mobility. The investment is expected to drive innovation, diversify Exide's portfolio beyond traditional lead-acid batteries, and enhance its market positioning in the competitive energy solutions market.
17Apr 25
Exide Industries Bolsters Energy Solutions Arm with ₹300 Crore Investment
Exide Industries has invested ₹300 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL), by subscribing to 8.33 million equity shares at ₹36 per share. This brings Exide's total investment in EESL to ₹3,602.23 crore, while maintaining 100% ownership. EESL, focused on lithium-ion battery production for electric vehicles and stationary applications, is setting up a plant in Bengaluru. As of March 31, 2024, EESL reported a net worth of ₹1,981.56 crore, turnover of ₹239.14 crore, and a loss after tax of ₹149.45 crore.
Exide Industries
377.35
-2.50
(-0.66%)
1 Year Returns:-15.73%
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