Eveready Ind posts 9.4% jump in revenue growth in March quarter

Eveready Industries India Ltd reported a 9.4 per cent rise in consolidated revenue at ₹327.2 crore for the quarter ended March 31, 2026, compared to ₹299.0 crore in the same quarter last year, marking the sixth consecutive quarter of revenue growth. For the full financial year FY26, consolidated revenue grew 8.2 per cent to ₹1,455.4 crore from ₹1,344.5 crore in FY25.

Profit after tax for Q4 FY26 stood at ₹141.8 crore , sharply higher than ₹10.4 crore in Q4 FY25, though this includes an exceptional income of ₹102.7 crore from the transfer of leasehold rights for its Noida plant. For the full year, PAT came in at ₹1,71.5 crore against ₹82.4 crore in FY25, with net exceptional gains of ₹48.6 crore embedded in the figure. Stripping out exceptional items, profit before exceptional items and tax for FY26 was ₹118.3 crore, up 20.1 per cent year-on-year.

EBITDA for the quarter rose 10.7 per cent to ₹28.7 crore, with margins at 8.8 per cent, slightly above last year’s 8.7 per cent. Full-year EBITDA margin held steady at 11.5 per cent versus 11.4 per cent in FY25.

New facility

The headline strategic development was the commissioning of a roughly ₹200 crore alkaline battery manufacturing facility at Bari Brahmana, Jammu — positioned as India’s only operational alkaline battery plant — inaugurated on April 22 by the Lieutenant Governor of Jammu and Kashmir. The facility has a peak capacity of 360 million units and is expected to reduce import dependence. Alkaline battery revenues surged 82 per cent in Q4 FY26, though the segment remains a small share of the overall battery mix at 12 per cent of revenue.

Batteries remained the dominant business at 67 per cent of Q4 revenue, growing 8.6 per cent year-on-year. Lighting was the fastest-growing segment, up 17 per cent in Q4. Flashlights grew a modest 3.3 per cent.

The company reduced net debt by over ₹100 crore during the year, bringing closing net debt to ₹178 crore. The stock closed at ₹333.00 on NSE on Thursday, up 1.88 per cent, with a market capitalisation of approximately ₹2,420 crore.



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