Exide Industries
327.85
+6.65(+2.07%)
Market Cap₹27,867.25 Cr
PE Ratio32.86
IndustryAutomobiles
Company Performance:
1D+2.07%
1M-10.84%
6M-13.55%
1Y-12.26%
5Y+62.79%
View Company Insightsright
More news about Exide Industries
30Jan 26
Exide Industries Q3 Net Profit Up 5.31% to ₹2.58B Despite Telecom, Export Weakness
Exide Industries delivered steady Q3 performance with standalone net profit rising 5.31% to ₹2.58 billion year-on-year, though falling short of analyst estimates by ₹0.05 billion. Despite overall growth, the battery manufacturer faced sector-specific headwinds with weak performance reported in both telecom and export business divisions.
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28Jan 26
Exide Industries Invests Rs. 50 Crore in Subsidiary for Lithium-Ion Battery Manufacturing
Exide Industries Limited invested Rs. 50 crore in wholly owned subsidiary Exide Energy Solutions Limited on January 28, 2026, bringing total investment to Rs. 4,252.23 crore. The subsidiary, incorporated in March 2022, manufactures lithium-ion batteries for electric vehicles and is setting up a greenfield plant in Bengaluru. The investment maintains 100% shareholding and will fund expansion projects.
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28Jan 26
Exide Industries Announces Q3FY26 Earnings Conference Call Scheduled for February 3, 2026
Exide Industries Limited has scheduled an earnings conference call for February 03, 2026 at 12:00 PM IST to discuss Q3FY25-26 results. The call will be hosted by Investec Capital Services and will feature senior management including MD & CEO Mr. Avik Roy, CFO Mr. Manoj Kumar Agarwal, and other key executives. The announcement was made in compliance with SEBI regulations and communicated to major stock exchanges on January 28, 2026.
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12Jan 26
Exide Industries Appoints Indranil Chatterjee as Senior Management Personnel
Exide Industries Limited has appointed Mr. Indranil Chatterjee as Senior Management Personnel effective January 12, 2026, in his capacity as Executive Vice President and Head Operations. With over three decades of experience in manufacturing excellence and operational leadership, Chatterjee previously served as MD & CEO of Chloride Metals Limited, leading it to achieve turnover exceeding ₹6,000.00 crore. His appointment strengthens the company's senior leadership team with proven expertise in large-scale operations and business transformation.
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29Dec 25
Exide Industries Schedules Board Meeting on January 30, 2026 for Q3FY26 Financial Results
Exide Industries has scheduled a board meeting for January 30, 2026, to approve Q3FY26 unaudited financial results for the quarter and nine months ending December 31, 2025. The company has notified all stock exchanges in compliance with SEBI regulations. The trading window for company securities remains closed and will reopen on February 4, 2026, following insider trading prevention protocols.
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23Dec 25
Exide Industries Invests ₹180 Cr in EESL on Dec 23, Appoints New CEO
Exide Industries made a strategic equity investment of ₹180 crores in its wholly-owned subsidiary EESL on December 23, 2025, increasing total investment to ₹4,202.23 crores. The company also announced a leadership change with Pravin Ramchandra Saraf replacing Mandar V Deo as MD & CEO of EESL following the latter's resignation on December 22, 2025.
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25Nov 25
Exide Industries Invests ₹75 Crore in Subsidiary for Lithium-Ion Battery Manufacturing
Exide Industries Limited (EIL) has invested ₹75 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights issue. This brings EIL's total investment in EESL to ₹4,022.23 crore. The investment involves the allotment of 1,87,50,000 equity shares at ₹10 per share with a premium of ₹30 per share. The funds will support EESL's greenfield project in Bengaluru for manufacturing lithium-ion battery cells, modules, and packs for electric vehicles and stationary applications. EESL, incorporated in March 2022, reported a turnover of ₹116.89 crore and a loss after tax of ₹209.12 crore for FY 2024-25.
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21Nov 25
Exide Industries Reports Q2 Revenue Decline Amid GST Rate Cut Impact
Exide Industries experienced a 2.1% revenue decline in Q2, primarily due to GST rate reduction on batteries from 28% to 18%. This led to distributor destocking and short-term supply chain disruptions. The company implemented production cuts to manage inventory and faced margin pressure from input cost inflation. Despite challenges, Exide's lithium-ion cell manufacturing project is nearing completion, with production expected to start by fiscal year-end. The company remains optimistic about future demand, particularly in the auto OEM sector.
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21Nov 25
LIC Boosts Stake in Exide Industries to Over 5% Through Market Purchase
Life Insurance Corporation of India (LIC) has increased its shareholding in Exide Industries through an open market purchase of 262,000 shares on November 19, 2025. This acquisition has raised LIC's stake from 4.992% to 5.023%, triggering mandatory disclosure requirements under SEBI regulations. The move by LIC, a major institutional investor, may be seen as a sign of confidence in the battery manufacturer's prospects.
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17Nov 25
Exide Industries Reports Q2 Results: Revenue Decline, Export Challenges, and Strategic Advancements
Exide Industries experienced an 18% revenue decline in Q2 compared to last year. The company faces export challenges due to tariff-related issues. Despite this, management is confident about Q3 sales growth and targets 12-13% margins. Exide's lithium-ion cell manufacturing facility is nearing 100% utility readiness. The company plans to expand its solar business, citing favorable government schemes and reduced GST rates. Exide remains debt-free, focusing on market expansion, digitization, and green technology solutions.
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12Nov 25
Exide Industries Gears Up for Q2 FY26 Earnings Call on November 17
Exide Industries Limited has scheduled an earnings conference call for November 17, 2025, at 12:00 PM IST to discuss Q2 FY25-26 business updates. The call will feature key executives including Managing Director & CEO Avik Roy, Director-Finance & CFO Manoj Kumar Agarwal, and President (Legal & Corp. Affairs) & Company Secretary Jitendra Kumar. International dial-in options are available for Singapore, Hong Kong, and UK participants. Interested parties can access the call via Express Login with Diamond Pass.
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06Nov 25
Exide Industries Reschedules Board Meeting Following Income Tax Survey
Exide Industries has rescheduled its Board of Directors meeting from October 30 to November 14, 2025, following an Income Tax department survey at its offices and manufacturing units across India. The survey, conducted under section 133A of the Income Tax Act, concluded on November 5, 2025. The rescheduled meeting will consider Q2 and H1 2025 financial results. The trading window for company securities will remain closed until November 18, reopening on November 19, 2025.
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30Oct 25
Exide Industries Postpones Board Meeting Amid Income Tax Survey
Exide Industries has postponed its scheduled board meeting due to an ongoing income tax survey at its offices and manufacturing units across India. The meeting was intended to approve Q2 financial results. The company assures that business operations remain largely unaffected and promises full cooperation with tax authorities. Exide has informed stock exchanges about the postponement and will announce a revised meeting date later. The trading window for insiders remains closed until 48 hours after the Q2 results declaration.
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28Oct 25
Exide Industries Bolsters Subsidiary with ₹65 Crore Investment
Exide Industries Limited has invested an additional ₹65 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL), bringing the total investment to ₹3,947.23 crore. The investment was made through a subscription to 1,62,50,000 equity shares at ₹40 per share. EESL focuses on manufacturing lithium-ion batteries for electric vehicles and energy storage solutions. As of March 31, 2025, EESL reported a paid-up equity share capital of ₹1,290.46 crore, a net worth of ₹2,738.06 crore, and a turnover of ₹116.89 crore, with a loss after tax of ₹209.12 crore.
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24Oct 25
Exide Industries Shareholders Approve Appointment of Two Whole-time Directors
Exide Industries Limited shareholders have approved the appointment of Rajeev Ramesh Chand Khandelwal and Pravin Ramchandra Saraf as Whole-time Directors for a three-year term from September 1, 2025, to August 31, 2028. The postal ballot, conducted through remote e-voting, saw strong support with both resolutions receiving over 98% votes in favor. The voting process, which concluded on October 24, 2025, had active participation from various shareholder categories, including 100% participation from the Promoter and Promoter Group.
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25Sept 25
Exide Industries Invests ₹80 Crore in Subsidiary for Lithium-Ion Cell Plant
Exide Industries has invested ₹80 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL), to fund a lithium-ion cell manufacturing plant in Bengaluru. This investment, made through a subscription to EESL's equity share capital, brings Exide's total investment in EESL to ₹3,882.23 crore. EESL, incorporated in March 2022, focuses on manufacturing lithium-ion battery cells, modules, and packs for electric vehicles and stationary applications. The Bengaluru plant will produce advanced chemistry lithium-ion cells in various form factors. This move aligns with India's push towards electric mobility and renewable energy storage solutions.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Exide Industries
327.85
+6.65
(+2.07%)
1 Year Returns:-12.26%
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