Exide Industries reported a robust financial performance for Q4 FY26, with revenue rising 9.4% year-on-year to Rs. 4,551 crore. The company’s annual revenue for FY26 reached Rs. 17,269 crore. Profit before tax for the final quarter grew by 22.6%, driven by significant growth in the automotive OEM business. Additionally, the Board has recommended a final dividend of Rs. 2.00 per share for the fiscal year.
Financial Highlights
Exide Industries achieved a strong finish to FY26. For the quarter ending March 31, 2026, the company recorded a revenue of Rs. 4,551 crore, compared to Rs. 4,159 crore in the same period last year. The annual revenue for the full fiscal year stood at Rs. 17,269 crore, showcasing sustained growth despite a challenging global environment. The company reported an EBITDA margin of 11.7%, bolstered by cost excellence initiatives and improved product mix.
Business Segment Performance
The company’s performance was underpinned by a 25%+ growth in the Auto OEM business, which achieved its highest-ever quarterly revenue. Domestic business growth was healthy at 12.5%, effectively offsetting a 50% de-growth in the telecom sector. While international operations faced headwinds due to geopolitical tensions and shipping disruptions, domestic segments—including 2W/4W replacement and industrial infrastructure—continued their double-digit growth trajectory.
Strategic Progress and Dividends
Exide is making significant strides in its lithium-ion manufacturing project through its subsidiary, Exide Energy Solutions Limited (EESL). The company invested an additional Rs. 600 crore in Q4, bringing the total equity investment to Rs. 1,500 crore for the year. Customer sample deliveries for cylindrical cells are expected to begin shortly, marking a key milestone in the company’s energy transition strategy.
Reflecting its commitment to shareholder value, the Board has recommended a dividend of Rs. 2.00 per equity share (200% of the face value of Re. 1/-). The record date for the dividend payment is set for Friday, July 3, 2026, with the 79th Annual General Meeting scheduled for July 10, 2026.
Source: BSE
