Eveready Industries India Limited — Others, 10-07-2025: Shareholders meeting

Eveready Industries India Limited has announced a board meeting on August 5, 2025, to consider the financial results for the quarter and half-year. The company reported steady revenue growth of 2.3% to ₹1,343.92 Cr, with operating EBITDA rising 8.6% to ₹152.31 Cr and margin expanding to 11.3%. Profit after tax increased 23.5% to ₹82.38 Cr, with a PAT margin of 6.1%. The board has proposed a final dividend of ₹1.50 per share (30% of face value), subject to shareholder approval. Key growth drivers include strong performance in batteries, especially alkaline segment with 65.3% volume growth, and rechargeable flashlights offsetting declines in traditional models. A new greenfield alkaline battery plant in Jammu, with ₹180 Cr investment, is expected to commission by FY 2025-26, enhancing manufacturing capabilities and market share. The lighting segment showed marginal growth amid pricing pressures, focusing on volume expansion and institutional business. The company maintains a dominant 53% market share in dry cell batteries and continues to invest in brand building, innovation, and distribution expansion. Financial discipline is reflected in a net debt to equity ratio of 0.68 and improved interest coverage. The company faces contingent liability of ₹172 Cr related to a penalty imposed by the Competition Commission of India, currently under appeal. Corporate governance remains strong with a diversified board and active committees overseeing risk, CSR, and ESG initiatives.