Exide Industries presented its Q3 FY26 performance, revealing a 4.7% increase in revenue, reaching ₹4,030 Cr. EBITDA also saw a 4.7% rise to ₹470 Cr, maintaining a 11.7% margin. Profit After Tax (PAT) grew by 5.2% to ₹258 Cr, with a margin of 6.4%. Strategic initiatives and green technology solutions were also showcased.
Financial Performance Q3 FY26
Exide Industries reported a strong financial performance for Q3 FY26:
- Revenue: Increased by 4.7% to ₹4,030 Cr from ₹3,849 Cr in Q3 FY25.
- EBITDA: Rose by 4.7% to ₹470 Cr from ₹449 Cr, maintaining a margin of 11.7%.
- PAT: Increased by 5.2% to ₹258 Cr from ₹245 Cr, resulting in a margin of 6.4%.
The Q3 FY26 PBT included an exceptional loss of ~₹9 Cr due to Labour code revision.
9M FY26 Performance Overview
The company’s performance over the first nine months of FY26 included:
- Revenue: Grew by 2.3% to ₹12,718 Cr.
- EBITDA: Reached ₹1,412 Cr with a margin of 11.1%.
- PAT: Totaled ₹799 Cr, resulting in a margin of 6.3%.
The 9M FY26 PBT includes exceptional loss of ~₹9 Cr due to Labour code revision.
Strategic Business Initiatives
Exide Industries is focusing on sustained profitable growth through:
- Revenue Growth: Targeting white spaces in channels and leveraging existing strengths.
- Customer Centricity: Enhancing touchpoints with end customers and building on brand legacy.
- Digitization: Empowering the ecosystem with sales force enablement and channel partner programs.
- Process Automation: Improving operational efficiencies and ensuring process stability.
Growth Drivers
- Automotive Sector: Benefiting from reduced GST rates and improving rural sentiment.
- Solar Power: Capitalizing on government initiatives and increasing renewable energy targets.
- Industrial Infrastructure: Rising railway electrification and electrification of material handling equipment.
Lithium-ion Cell Manufacturing
The company’s lithium-ion cell manufacturing plant is nearing production, with cylindrical and prismatic lines in progress. Supporting buildings are also under construction to facilitate operations.
Commitment to Sustainability
Exide Industries is focused on sustainability, reflected in their improved S&P Global Corporate Sustainability Assessment (CSA) score of 65/100, placing them in the Top 5 percentile in the Auto-Components industry.
Source: BSE
