Exide Industries Limited — Investor Meet, 06-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Exide Industries reported robust Q1 FY27 financial results. Revenue surged 17.6%, with EBITDA up 19.5% to INR655 Cr, achieving a 12.4% margin. This growth was broad-based across segments, led by auto OEM, home UPS, solar (highest ever quarterly revenue over INR400 Cr), and exports.

Management highlighted positive demand, robust replacement market, and calibrated price adjustments amid elevated input costs due to West Asia disruptions and currency movements. Progress on the Bangalore giga factory is strong: equipment across all 4 production lines is installed, with NCM cylindrical and LFP prismatic lines starting customer sample deliveries for 2-wheelers, 3-wheelers, and telecom applications. Revenue contribution from this is anticipated in FY27. Cumulative investment in Exide Energy Solutions reached INR4,902 Cr.

The company is exploring new PLI opportunities for advanced chemistry cells and aims for 50-60% raw material localization within 2-3 years. Management is confident in leveraging existing market demand for lithium-ion cells, adapting to evolving market dynamics, and continued investment in its core lead-acid capacity.