Eveready Industries India Limited — PPTs, 05-08-2025: Investor Presentation

Here's a summary of the attached investor presentation:

**Financial Highlights:**

Revenue from operations grew 7.1% YoY to INR 374.1 Cr in Q1 FY26. Operating EBITDA increased 7.7% to INR 53.7 Cr, maintaining a strong 14.3% margin. Profit after Tax (PAT) saw a 2.8% increase to INR 30.2 Cr. Excluding a non-recurring exceptional item of INR 7.1 Cr, PAT growth was approximately 22.7%. The company reported volume growth across key categories.

**Strategic Initiatives & Growth Drivers:**

The company is focused on accelerating premium portfolio growth, supported by an upcoming greenfield facility and revamped distribution for efficiency. Innovation, driven by dedicated R&D, is key for category-wide development. A Jammu Alkaline plant is slated for commissioning by end of FY26. The Lighting segment targets 3x revenue growth through strategic premiumization and product diversification.

**Business Developments:**

Alkaline batteries demonstrated strong performance with 58% growth and a 50 bps QoQ market share expansion to 15.3%. Rechargeable flashlights clocked significant growth at 39%. The company has aligned with Q-commerce and Modern retail channels. A notable business update is the settlement of an arbitration proceeding where the company paid INR 15 Cr, restoring operational flexibility.

**Market Position & Competitive Advantage:**

Eveready maintains a dominant 53% overall market share in dry cell batteries. Rural markets are showing gradual recovery, supported by moderate inflation and positive monsoon prospects. An upcoming BIS mandate in flashlights is expected to create a level playing field, potentially benefiting established players.

**Investor Implications:**

The results indicate positive growth potential, especially given the strong performance in alkaline batteries and rechargeable flashlights. Strategic investments in a new alkaline plant and premiumization initiatives could further boost future growth. Investors should monitor the execution of these expansion plans.