Key Financial Figures

  • FY26 Financials: Revenue ₹11,677 million, EBITDA ₹1,471 million, PAT ₹847 million
  • H1 FY27 Export Revenue: ₹2,441 million (compared to FY24: ₹816 million, FY25: ₹2,751 million, FY26: ₹4,651 million)

Operational Highlights

  • Installed Capacity: 156,950 MTPA (metric tons per annum) as of 30th September 2026
  • Manufacturing Facility: Located in Naidupet, Andhra Pradesh, spread over 7.61 acres
  • Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018
  • Production Process: Uses oxygen-enriched combustion and recycled pyrolysis oil for optimized energy use

Business Overview

  • Established in 1993 with 33+ years of experience in lead recycling
  • Product Portfolio: Pure lead and lead alloys including lead calcium, lead antimony, lead tin, lead silver, and lead cadmium alloys
  • Export Presence: 8 export countries, 85+ sourcing countries, 150+ supplier base
  • Customer Base: 50+ customers served across 6+ industries
  • Exchange Listings: 'Ardee Lead 9997' brand listed on both MCX and London Metal Exchange (LME)
  • Hedging Strategy: Hedges 100% of lead price exposure through LME-based futures contracts

Regulatory Environment

  • Battery Waste Management Rules 2022: Mandatory 35% recycled content in new lead-acid batteries (increasing to 40% by FY30), recyclers must recover 60% of material
  • EPR Requirements: Producers must recycle 100% of what they collect, with 80%+ collection target for 2026-27
  • Reverse Charge Mechanism (RCM): Applies GST on battery scrap purchases, promoting formal transactions

Management Commentary

Chairman and Managing Director Mr. Sandeep Aggarwal stated: "We continue to strengthen our position in the organised lead recycling industry, leveraging our expanded manufacturing capabilities, integrated business model and established customer relationships to capitalise on emerging opportunities." He highlighted that regulatory developments provide structural tailwinds for organised players and that company priorities include optimizing capacity utilization, diversifying sourcing, expanding customer base, and increasing share of value-added products.

Board of Directors & Key Management Personnel

  • Sandeep Aggarwal: Chairman and Managing Director (30+ years experience)
  • Nikunj Aggarwal: Whole-time Director (8+ years experience, ISB alumnus)
  • Esha Gupta: Whole-time Director (4+ years HR experience)
  • Archana Jain: Independent Director (Chartered Accountant, 14+ years experience)
  • Anand Tandon: Independent Director (15+ years banking experience)
  • Vivek Sarbhai: Independent Director (10+ years supply chain experience)
  • Arun Kumar Mallik: Chief Financial Officer (30+ years experience)
  • Manish Kumar Rai: Company Secretary & Compliance Officer (18+ years experience)

Additional Information

  • Factory Address: Plot 8A & 8B, (Block B) Industrial Park Naidupet, Menakur Village, Tirupati, Andhra Pradesh 524126
  • The presentation is available on the company website at https://ardeeindustries.com/investors/