Summary of Key Information:
Reporting Period: Quarter ended 30 June 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results
Audit Opinion:
Clean - No qualifications or modifications. The limited review report states: "nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement."
Key Financial Highlights [₹ Crores]:
Standalone Results:
Revenue from Operations: ₹5,305.05 (Q1 FY26: ₹4,509.81, YoY growth: 17.6%)
Total Income: ₹5,319.09 (Q1 FY26: ₹4,527.97)
EBITDA: Not explicitly stated in financial tables, but press release indicates ₹655 crores
Net Profit: ₹407.26 (Q1 FY26: ₹320.45, YoY growth: 27.1%)
EPS: ₹4.79 (not annualized) (Q1 FY26: ₹3.77)
Other Equity: Not Specified
Cash and Cash Equivalents: Not Specified
Debt: Not Specified, but press release states "zero debt"
Consolidated Results:
Revenue from Operations: ₹5,528.38 (Q1 FY26: ₹4,695.12)
Total Income: ₹5,555.25 (Q1 FY26: ₹4,722.69)
EBITDA: Not explicitly stated in financial tables
Net Profit: ₹351.30, with attribution: Owners of the Company: ₹350.47, Non-controlling interests: ₹0.83 (Q1 FY26: ₹274.58)
EPS: ₹4.12 (not annualized) (Q1 FY26: ₹3.21)
Other Equity: ₹13,819.85 (as of 31 March 2026)
Cash and Cash Equivalents: Not Specified
Debt: Not Specified
Segment-wise Performance:
The Company's business activity falls within a single operating segment of "Storage Batteries and Allied Product." Hence, no separate segment information is disclosed.
Corporate Actions:
Dividend: Not Specified
Share split/bonus/buyback: Not Specified
Capital raising: The Company infused ₹100 Crores of equity into Exide Energy Solutions Limited (EESL) during July 2026, taking cumulative equity investment to ₹4,902 crores.
Other Significant Information:
Lithium-ion Business Update:
- Exide Energy Solutions Limited (EESL) achieved critical project milestones at its Bengaluru gigafactory
- 100% of equipment across all four production lines delivered and installed
- 100% of utilities operationalised at the facility
- First NMC cylindrical line commenced customer sample deliveries during Q1 FY27
- LFP prismatic line commenced sample supplies for 3-wheeler and telecom applications
- Revenue contribution expected to commence during FY27
- Completed product certifications including BIS - IS 16046, IS 16893, IS 16085, and UN 38.3 certification
Business Performance Highlights:
- Automotive OEM business: 25%+ YoY growth for 3rd consecutive quarter
- 2W/4W Replacement business: Double-digit growth for 3rd consecutive quarter
- Industrial Infrastructure business (excluding Telecom): Low double-digit YoY growth
- Inverters and Solar businesses: Over 20% YoY growth
- Exports business: 20%+ YoY increase
Market Conditions:
- Increased affordability and positive sentiment from GST 2.0 reforms driving automotive demand
- Headwinds across all key raw material costs due to West Asia conflict
- Rupee depreciation against USD added pressure on input costs
- Company took calibrated price adjustments to mitigate higher input costs