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Earnings Call Transcript

Eveready Industries India Earnings Call Transcript: Key Takeaways

Eveready reported resilient Q1 FY27 results with 9% revenue growth and 22.3% PAT growth despite high commodity prices. Strategy focuses on premiumization, alkaline battery localization via the new Jammu plant, and lighting segment breakeven.

Highlights
Revenue growth9% YoY growth in Q1 FY27.
MarginsEBITDA margin at 15.1%; pricing actions taken to offset commodity inflation.
Demand visibilityResilient consumer demand in key categories; soft in conventional flashlights.
Management confidenceHigh; citing seven consecutive quarters of YoY revenue growth.

Growth

Revenue reached INR 407.7 Cr (9% YoY); EBITDA INR 61.5 Cr; PAT INR 37 Cr (22.3% YoY).

Outlook

Alkaline market share target 25-30% in 2 years; Jammu plant expects 10% gross margin increment once stabilized.

Risks

Zinc prices elevated at $3,500/ton; inflationary pressures in raw materials; geopolitical uncertainty; soft flashlight demand due to monsoons.

Last quarter's promises, checked

Delivered

  • Debt reduction >INR 100 Cr in FY26 → delivered >INR 100 Cr (= BEAT)
  • A&P expenses ~10% of sales → delivered 10% (= BEAT)
  • Jammu plant operational by Q1 FY27 → delivered April 2026 (= BEAT)

Partly delivered

  • Realize INR 251 Cr from Noida land sale → delivered INR 116 Cr in Q1 (INR 135 Cr pending B2 closure) (= PARTIAL)

Missed

  • Maintain 11.5% EBITDA margin → delivered 15.1% (Inconsistent reporting base, but current performance exceeded previous floor) (= BEAT)
Source

Earnings Call Transcript filed with BSE, NSE: EVEREADY. Summary written with AI assistance from the document.

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Eveready Industries India Ltd: key numbers

Share price
₹322.00
Market cap
₹2,341 Cr
Revenue (annual)
₹1,455 Cr
Net profit (annual)
₹171.5 Cr
P/E (TTM)
13.1×Sector 45.9×
Promoter holding
43.60%+0.40% QoQ
FII holding
5.44%Current quarter

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

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12:33 IST BSE
Promoter Buying (Off-Market)

Eveready Industries India Promoter Buying (Off-Market): ₹10.14 Cr

Eveready Industries' promoter group, Times Horizon Private Limited, acquired 307,400 shares from Bennett Coleman & Company Limited via an off-market inter-se transfer.

Value
₹10.14 Cr
Promoter stake change
+0.42%
15:58 IST NSE
Financial Results

Eveready Industries India Q4 FY26 Results: Net Profit ₹141.8 Cr, Up 1263.5% YoY

Eveready Industries India Ltd reported revenue from operations of ₹327.2 Cr (+9.4% YoY) and net profit of ₹141.8 Cr (+1263.5% YoY) for Q4 FY26.

Key figure
Net profit ₹141.8 Cr · +1263.5% YoY