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Amara Raja Energy & Mobility Earnings Call: Key Takeaways

Amara Raja reports Q4 FY26 consolidated revenue of ₹3,530cr, up 15% YoY, driven by robust 4-wheeler OEM growth and tubular batteries.

Highlights
Revenue growthQ4 revenue grew 15% YoY to ₹3,530cr; FY26 up 7.5%.
MarginsFY26 consolidated EBITDA margin 10.8%; lead-acid business at 12.2%.
Demand visibilityStrong domestic OEM demand; 2-wheeler and 4-wheeler volumes up 30%.
Management confidenceHigh; leveraging brand Amaron and expanding into multi-chemistry low-voltage solutions.

Growth

FY26 consolidated revenue reached ₹13,814cr (up 7.5% YoY). Q4 lead-acid business grew 12%, while New Energy grew 1.5x.

Outlook

FY27 capex planned at ₹1,500-1,700cr. Giga-1 factory on track for June 2027 start; 16-20 GWh target maintained.

Risks

Lead price inflation, rupee depreciation, and geopolitical tensions impacting exports; challenges in sourcing Chinese engineering experts for commissioning.

Source

Earnings Call filed with BSE, BSE: 500008. Summary written with AI assistance from the document.

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Amara Raja Energy & Mobility Ltd: key numbers

Share price
₹791.95
Market cap
₹14,495 Cr
Revenue (annual)
₹13,814 Cr
Net profit (annual)
₹895.8 Cr
P/E (TTM)
15.7×Sector 33.6×
Promoter holding
32.86%+0.00% QoQ
FII holding
17.34%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Board Meeting Date

Amara Raja Energy & Mobility Board Meeting Date

Amara Raja Energy & Mobility Ltd has scheduled a board meeting on November 2, 2026. The board will consider Q2 FY27 financial results and an interim dividend declaration.