Date: 8th August 2026

Financial Results (Standalone & Consolidated)

Q1 FY27 Performance (₹ crore):

  • Revenue: ₹407.5 crore (Q1 FY26: ₹373.9 crore) - 9.0% YoY growth
  • EBITDA: ₹61.5 crore (Q1 FY26: ₹56.1 crore) - 9.6% YoY growth
  • EBITDA Margin: 15.1% (Q1 FY26: 15.0%)
  • Profit before exceptional items and tax: ₹50.9 crore (Q1 FY26: ₹43.3 crore)
  • Exceptional items: None in Q1 FY27 (Q1 FY26: ₹7.1 crore)
  • Profit before Tax: ₹50.9 crore (Q1 FY26: ₹36.2 crore) - 40.5% YoY growth
  • Current Tax: ₹14.0 crore (Q1 FY26: ₹6.4 crore)
  • Deferred Tax: Not specified for Q1 FY27 (Q1 FY26: ₹-0.4 crore)
  • Profit after Tax: ₹37.0 crore (Q1 FY26: ₹30.2 crore) - 22.3% YoY growth
  • PAT Margin: 9.1% (Q1 FY26: 8.1%)

Segment-wise Performance Overview - Q1 FY27:

Batteries Segment:

  • Revenue split: Alkaline Batteries 12%, Carbon Zinc & others 88%
  • Alkaline batteries delivered ~48% volume growth with market share at ~18%
  • Carbon-Zinc maintained steady volumes with market share at 58%

Flashlights Segment:

  • Sold 17 million+ flashlights annually
  • Rechargeable flashlights delivered 20%+ revenue growth
  • Battery-operated flashlights continue to cater to mass-market demand

Lighting Segment:

  • Delivered double-digit revenue growth
  • Sold 36 million+ LED lights annually
  • Price erosion stabilized, improving revenue visibility and margin resilience

Execution and Outcomes

Operational Highlights:

  • Commercial operations of the Jammu plant started on 29th May 2026
  • New product innovation with first-of-its-kind, patent-applied portable liquid vaporizer with rechargeable lithium-ion battery
  • Launched hybrid flashlights combining battery and rechargeable convenience
  • Double-digit growth in batteries segment
  • Exponential digital channel growth, led by Quick Commerce and E-commerce

Manufacturing Facilities:

  • Operations at Matia, Lucknow, Haridwar, Maddur, Kolkata, and Jammu
  • Jammu facility has 456 million annual capacity for alkaline batteries
  • Facilities have ISO 9000 and ISO 14000 certifications
  • DSIR-approved Research & Development facility

Company Profile

Eveready Industries India Limited is a household name in batteries and flashlights with emerging presence in lighting. Legacy of over 100 years, established in 1934. Portfolio spans carbon-zinc, alkaline, rechargeable, and lithium batteries. Also produces mobile accessories, mosquito racquets, small appliances, electrical accessories, wires, and MCBs.

Business Environment

Demand Outlook:

  • Rural demand remains strong
  • Urban demand continues gradual recovery
  • Delayed monsoon and cautious near-term outlook expected to keep demand under pressure

Operating Environment:

  • Premiumization continues to support category expansion
  • Competitive intensity remains elevated
  • Operating environment may get affected by increased input costs and currency volatility

Channel Strategy:

  • Strengthening distribution and supply chain across General and Modern Trade
  • Scaling E-commerce and Quick Commerce channels to drive sustained growth

Strategic Initiatives

Accelerate: Drive premium portfolio expansion through localized manufacturing at Jammu facility

Collaborate: Expanding omnichannel reach across General Trade, Modern Trade, E-commerce and Quick Commerce

Innovate: Expanded innovation pipeline with patent-applied portable liquid vaporizer and hybrid flashlights

Cautionary Note

The presentation contains forward-looking statements subject to various risks and uncertainties including fluctuations in earnings, competitive intensity, pricing environment, economic conditions, input costs, supply chain management, political stability, government regulations, climatic conditions, commodity price fluctuations, currency rate fluctuations, and litigation.