Board Meeting Details

The Board of Directors meeting was held on Monday, May 25, 2026, commencing at 2:00 PM IST and concluding at 5:30 PM IST.

Financial Results Approval

The Board approved the Audited (Standalone and Consolidated) Financial Results for the Quarter & Year ended March 31, 2026. The Joint Statutory Auditors (Price Waterhouse Chartered Accountants LLP and K.S. Rao & Co) issued audit reports with 'Unmodified Opinion' on both standalone and consolidated financial statements.

Dividend Recommendation

The final dividend is in addition to the Interim Dividend of ₹5.40 per equity share (representing 540%) declared by the Board on November 06, 2025. Total dividend for FY2025-26 amounts to ₹10.60 per equity share (FY2024-25: ₹10.50 per equity share).

Standalone Financial Performance (₹ in crores)

Income Statement Highlights:

  • Q4 FY26 Revenue from operations: ₹3,459.92 (Q4 FY25: ₹2,973.85)
  • Q4 FY26 Total Income: ₹3,487.48 (Q4 FY25: ₹2,993.87)
  • FY26 Revenue from operations: ₹13,548.86 (FY25: ₹12,404.89)
  • FY26 Total Income: ₹13,640.78 (FY25: ₹12,498.18)
  • FY26 Net Profit after tax: ₹970.43 (FY25: ₹963.90)
  • FY26 Earnings per share (Basic and Diluted): ₹53.02 (FY25: ₹52.66)

Balance Sheet Position (as of March 31, 2026):

  • Total Assets: ₹11,125.31 crore (March 31, 2025: ₹9,993.01 crore)
  • Equity Share Capital: ₹18.30 crore
  • Reserves: ₹8,142.45 crore (March 31, 2025: ₹7,359.97 crore)
  • Total Equity: ₹8,160.75 crore (March 31, 2025: ₹7,378.27 crore)

Cash Flow Statement (FY26):

  • Net cash from operating activities: ₹1,340.03 crore
  • Net cash used in investing activities: ₹1,264.48 crore
  • Net cash used in financing activities: ₹125.74 crore
  • Net decrease in cash equivalents: ₹50.19 crore

Exceptional Items

The financial results include exceptional items (net) of ₹(259.14) crore for FY26, comprising:

1. Labor Code Implementation Impact (₹43.80 crore): Arising from enactment of new labor codes (Code on Wages 2019, Industrial Relations Code 2020, Code on Social Security 2020, and Occupational Safety Code 2020) resulting in increased gratuity liability from past service cost.

2. Insurance Settlement (₹186.72 crore received): Full and final settlement from insurance company for reinstatement of property, plant and equipment damaged in fire accident at Chittoor manufacturing facility on January 30, 2023. Difference of ₹181.15 crore between amount received and insurance claim receivable recognized as exceptional item.

3. Business Interruption Claim (₹121.79 crore): Received during quarter ended September 2025 for business interruption claim.

Subsidiary Investment

The Company infused ₹100 crores during the quarter into Amara Raja Advanced Cell Technologies Private Limited (ARACT), a wholly-owned subsidiary, for its capital requirements as investment in equity shares. Total investment in ARACT now stands at ₹1,500.01 crores.

Consolidated Financial Performance (₹ in crores)

Income Statement Highlights:

  • FY26 Consolidated Revenue from operations: ₹13,814.00 (FY25: ₹12,846.32)
  • FY26 Consolidated Net Profit after tax: ₹895.77 (FY25: ₹944.67)
  • FY26 Consolidated Earnings per share: ₹48.95 (FY25: ₹51.62)

Segment-wise Performance (FY26):

  • Lead acid batteries and allied products: Revenue ₹13,005.29 crore, Segment result ₹1,270.46 crore
  • New energy business: Revenue ₹808.71 crore, Segment result ₹(135.15) crore

Consolidated Balance Sheet (as of March 31, 2026):

  • Total Assets: ₹11,456.72 crore (March 31, 2025: ₹10,168.29 crore)
  • Total Equity: ₹8,098.96 crore (March 31, 2025: ₹7,389.13 crore)

Subsidiaries Included in Consolidation

The consolidated financial results include:

1. Amara Raja Batteries Middle East (FZE), U.A.E. (Subsidiary)

2. Amara Raja Circular Solutions Private Limited, India (Subsidiary)

3. Amara Raja Advanced Cell Technologies Private Limited, India (Subsidiary)

4. Amara Raja Power Systems Limited, India (Subsidiary)

Notes to Financial Results

The figures for the quarter ended March 31, 2026 and March 31, 2025 are balancing figures between audited figures of the full financial year and published unaudited year-to-date figures up to the third quarter.