Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Exide Industries Earnings Call Transcript: Key Takeaways

Exide Q1 FY27 results show strong core lead-acid growth alongside milestone customer samples from the new lithium-ion gigafactory. Management remains optimistic but avoids specific numerical guidance for the new lithium business.

Highlights
Revenue growthStandalone revenue grew 17.6% YoY, driven by broad-based segment growth.
MarginsEBITDA margin improved 20 bps YoY to 12.4% despite cost pressures.
Demand visibilityStrong summer demand for inverters and robust automotive replacement demand.
Management confidenceConfident in core segments; cautious but technically ready for lithium ramp-up.

Growth

Revenue grew 17.6% YoY with EBITDA up 19.5%; growth was double-digit across all major core battery segments.

Outlook

Invested ₹4,902 crore in the lithium subsidiary; ₹1,400 crore additional capex planned for the current fiscal.

Risks

Input costs remain elevated due to currency headwinds and West Asia disruptions; lithium profitability is delayed.

Last quarter's promises, checked

Delivered

  • Guided Rs. 1000cr+ solar revenue → delivered Rs. 1000cr+ (= BEAT)
  • Guided cylindrical sample delivery by May 2026 → delivered samples (= BEAT)
  • Guided FY27 capex of Rs. 1400cr → invested Rs. 100cr of planned 1400cr (= BEAT)

Partly delivered

  • Guided high single to double-digit core growth → delivered 17.6% (= BEAT)
  • Guided prismatic trials shortly after May → trials ongoing/sampling started (= PARTIAL)
Source

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

Read the document ↗

Exide Industries Ltd: key numbers

Share price
₹423.65
Market cap
₹36,010 Cr
Revenue (annual)
₹17,995 Cr
Net profit (annual)
₹854.2 Cr
P/E (TTM)
38.6×Sector 33.6×
Promoter holding
45.99%+0.00% QoQ
FII holding
10.62%Current quarter

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

More from Exide Industries Ltd

All →
16:12 IST BSE
Production Started

Exide Industries Production Started

Exide Industries' subsidiary, Exide Energy Solutions, has commissioned a 6 GWh Phase-I lithium-ion cell manufacturing facility in Bengaluru.

lithium-ion cell manufacturing capacity
6.0 GWh
07:52 IST NSE
Partnership

Exide Industries Partnership

Exide Industries entered a long-term strategic cooperation agreement with ExCom Energy Solutions GmbH to develop industrial battery solutions across the European Economic Area.

From
ExCom Energy Solutions GmbH