Exide Industries Limited — Investor Meet, 09-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Exide Industries recorded ~5% YoY sales growth in Q3 FY26, with domestic sales (ex-telecom) up 10%, achieving over INR4,000 Cr. Auto OEM and aftermarket segments reached record quarterly revenues, while Industrial Infra saw double-digit growth. Telecom, now ~1% of revenue, and exports declined. EBITDA margin stood at 11.7% YoY, improving sequentially due to cost efficiencies. A 2% price hike was implemented in January to counter rising commodity costs. The company invested INR320 Cr in Q3 in lithium-ion, totaling INR4,252 Cr equity. Cylindrical cell line validation is underway, and commercial dispatches, including LFP prismatic cells for 3-wheelers, are expected soon. Management expressed confidence in the core business outlook and the de-risked margins for lithium-ion from commodity indexing.