Eveready Q4 profit surges over 13x, driven by 82% alkaline battery growth

Eveready Q4 profit surges over 13x, driven by 82% alkaline battery growth


Battery and flashlights maker Eveready Industries India Ltd on Thursday (April 30) reported a sharp increase in consolidated net profit for Q4FY26, which rose more than 13 times to ₹142 crore from ₹10.4 crore in the same quarter last year. The profit figure includes an exceptional gain of ₹102.7 crore.

Revenue for the quarter increased 9.4% year-on-year to ₹327 crore from ₹299 crore a year earlier. EBITDA also rose 9.4% to ₹28 crore from ₹26 crore last year. The EBITDA margin remained steady at 9%.

For the full year FY26, consolidated revenue from operations rose 8.2% to ₹1,455.4 crore from ₹1,344.5 crore in FY25. Growth was driven by batteries, flashlights, and lighting segments. The EBITDA margin stood at 11.5% versus 11.4% in the previous year. Full-year profit after tax was ₹171.5 crore, compared with ₹82.4 crore in FY25, including a net exceptional gain of ₹48.6 crore.

ALSO READ | Eveready sets up ₹200 crore battery plant in Jammu to boost local production

In Q4, the battery segment performance was supported by strong momentum in alkaline products, which grew 82%, while the lighting segment registered 17% growth. The company noted continued market share gains, with the alkaline segment nearing 20% share and maintaining over 52% share in the dry cell battery category.

Eveready also commissioned India’s only operational alkaline facility during the period.

The company has recommended a dividend at the rate of ₹2.50 per equity share of ₹5 each (50%) for the financial year ended March 31, 2026. The dividend is subject to approval by shareholders at the company’s 91st annual general meeting (AGM). The company said details regarding the record date and dividend payment date will be communicated in due course.

ALSO READ | Eveready Industries Q3: Profit dives 42%; revenue, EBITDA see double-digit growth

Anirban Banerjee, Chief Executive Officer, said, “FY26 marked a year of steady operational progress, led by sustained momentum in the batteries business, improving mix in flashlights, and a recovery in the lighting segment. The commissioning of the Jammu facility is a key strategic milestone, enhancing our manufacturing scale and enabling greater efficiencies, while supporting our ambition of delivering premium, reliable, high-performance power solutions.”

He added, “With investments in capacity, portfolio upgradation and new product development, we are well-positioned for FY27 as we drive deeper penetration, operational optimisation, and market share gains amid evolving consumer demand.”

ALSO READ | Burman family makes open offer to buy 26% additional stake in Eveready Industries

Shares of Eveready Industries India Ltd ended at ₹331.80, up by ₹5.50, or 1.69%, on the BSE today, April 30.



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