Exide Industries reported a strong financial performance for the quarter ended March 31, 2026, with standalone revenue increasing 9.4% year-on-year to Rs. 4,551 crore. The company saw a 22.6% increase in Profit Before Tax, buoyed by robust demand across automotive and industrial sectors. Additionally, the Board recommended a dividend of Rs. 2.00 per share, reflecting 200% of the face value, subject to shareholder approval at the upcoming Annual General Meeting.
Financial Highlights for Q4 FY26
During the final quarter of the fiscal year, Exide Industries achieved standalone revenues of Rs. 4,551 crore. Despite pressure from raw material costs and global geopolitical tensions, the company successfully grew its EBITDA margin to 11.7%, an improvement of nearly 50 basis points compared to the previous year. The Profit After Tax (PAT) for the quarter stood at Rs. 312 crore, compared to Rs. 255 crore in the same period last year.
Business Segment Performance
The company’s performance was driven by a 25%+ year-on-year growth in the Auto OEM segment, marking its highest-ever quarterly revenue. Double-digit growth was also observed in the 2W/4W replacement business, Industrial Infra (excluding telecom), and the Inverter/Solar categories. While the domestic business grew by 12.5%, international exports faced headwinds due to shipping route disruptions and geopolitical challenges.
Strategic Lithium-Ion Progress
Exide Energy Solutions Limited (EESL) continues to advance its greenfield lithium-ion manufacturing project in Bengaluru. The company invested an additional Rs. 600 crore during Q4, bringing the total equity investment in the subsidiary to Rs. 1,500 crore for the year. The total cumulative investment in the project has now reached Rs. 4,802.23 crore. The company expects to begin customer sample deliveries for cylindrical cells by Q1 FY27, with product trials for prismatic lines to follow.
Shareholder Returns
The Board of Directors has recommended a final dividend of Rs. 2.00 per equity share, having a face value of Re. 1/- each. This proposal represents a 200% dividend payout for the financial year. The record date for the dividend is set for July 3, 2026, with payments to be processed within 30 days of the 79th Annual General Meeting, which is scheduled for July 10, 2026.
Source: BSE
