Exide Industries Limited — Investor Meet, 13-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Exide Industries reported 4% sales growth in Q4 FY25, driven by strong double-digit growth in mobility aftermarket, solar, and IUPS, while OEM auto, telecom, and home inverters faced softness. EBITDA grew 4% sequentially to near 13% margins after a INR25 Cr one-time write-off and higher antimony costs. Transitioning 2-wheeler batteries to punched grid technology aims to boost efficiency. Lithium-ion cell production is progressing, with INR3,602 Cr invested and commercial output expected FY26. Management is optimistic on steady lead-acid growth, margin improvement as cost pressures ease, and long-term lithium-ion profitability hinging on ramp-up and yields.