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Eveready Ind posts 9.4% jump in revenue growth in March quarter
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Eveready Reports 9.4% Revenue Growth in March Quarter, Surpassing Expectations
Economy

Eveready Reports 9.4% Revenue Growth in March Quarter, Surpassing Expectations

Indianewsweek By Indianewsweek May 1, 2026 3 Min Read
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Eveready Industries India Ltd reported a 9.4% increase in consolidated revenue, reaching ₹327.2 crore for the quarter ending March 31, 2026, compared to ₹299.0 crore in the same quarter of the previous year. This marks the sixth consecutive quarter of revenue growth for the company. For the entire financial year FY26, consolidated revenue rose by 8.2% to ₹1,455.4 crore, up from ₹1,344.5 crore in FY25.

The company’s profit after tax for Q4 FY26 was ₹141.8 crore, a significant increase from ₹10.4 crore in Q4 FY25. This figure includes an exceptional income of ₹102.7 crore from the transfer of leasehold rights for its Noida plant. For the full fiscal year, profit after tax totaled ₹171.5 crore, compared to ₹82.4 crore in FY25, with net exceptional gains of ₹48.6 crore included in this total. Excluding exceptional items, profit before exceptional items and tax for FY26 stood at ₹118.3 crore, reflecting a year-on-year increase of 20.1%.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the fourth quarter increased by 10.7% to ₹28.7 crore, with margins slightly improving to 8.8% compared to 8.7% last year. The full-year EBITDA margin remained steady at 11.5%, compared to 11.4% in FY25.

A pivotal development for the company was the launch of a ₹200 crore alkaline battery manufacturing facility in Bari Brahmana, Jammu. This facility, inaugurated on April 22 by the Lieutenant Governor of Jammu and Kashmir, is touted as India’s only operational alkaline battery plant, with a peak capacity of 360 million units. Revenues from alkaline batteries surged by 82% in Q4 FY26, although this segment accounted for only 12% of the overall battery revenue mix.

Batteries continued to represent the largest portion of revenue, comprising 67% of Q4 sales, with an 8.6% year-on-year growth. The lighting segment experienced the fastest growth, increasing by 17% in Q4, while flashlight sales rose modestly by 3.3%.

The company also successfully reduced its net debt by over ₹100 crore during the year, resulting in a closing net debt of ₹178 crore. As of Thursday, the stock traded at ₹333.00 on the NSE, which marked an increase of 1.88%, with a market capitalization of approximately ₹2,420 crore.

This information was published on April 30, 2026.

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