Eveready Q4 FY26 Earnings Call: Jammu Plant Commissioned

Eveready reported FY26 revenue growth of 8.2% and EBITDA growth of 8.9%, with margins at 11.5% despite zinc cost pressures.
The company commissioned its INR200 crore Jammu alkaline battery plant on April 22, 2026, with a peak capacity of 360 million units annually.
Management reduced debt by over INR100 crore in FY26 and targets further reduction, while expecting to maintain FY27 EBITDA margins around 11.5%.
Alkaline battery business grew 9.3% in FY26, now representing 10% of battery sales, with a target to reach 20% market share.