Eveready Industries India Limited — Investor Meet, 05-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates
Eveready Industries posted FY26 revenue growth of 8.2% and EBITDA growth of 8.9%, with EBITDA margin at 11.5%. The battery segment grew 9.3%, driven by alkaline batteries, which now constitute ~10% of the business and are doubling in volume. Flashlights grew 3% and lighting 8.1%. The new Jammu alkaline battery facility, an INR200 Cr investment with 360 million unit peak capacity, will begin commercial production soon, targeting over 100 million units in FY27, enhancing margins. Debt was reduced by over INR100 Cr, partly via the INR116 Cr sale of Noida Plot B1 (total INR251 Cr expected). Management is optimistic for FY27, focusing on alkaline penetration, premiumization, and maintaining double-digit operating margins despite commodity volatility. The company conveys a confident outlook.
