Eveready Industries India Limited — Investor Meet, 12-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates
12-02-2026 | 05:59 pm
12-02-2026 | 05:59 pm
Eveready reported Q3 FY26 revenue growth of 10.1% and EBITDA growth of 13%, marking its fifth consecutive quarter of expansion. The battery business led with 11.1% growth, driven by a 72% surge in alkaline volumes, maintaining a 51.9% overall battery market share despite gross margin pressure from elevated zinc and dollar costs. Management implemented strategic price increases in premium segments. The new Jammu alkaline battery facility, nearing completion, is set to improve margins by 10% and support white-labeling. The Board approved divesting a Noida land parcel, targeting INR250 Cr for debt reduction within six months. Management is confident in sustaining growth through premiumization and strategic initiatives.
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