Exide Industries Ltd — earnings calls

Exide Industries reported standalone revenue growth of 17.6% in Q1 FY27, with EBITDA of Rs 655 crore, up 19.5% year-on-year, and EBITDA margin at 12.4%. Management said all major businesses recorded double-digit growth, led by 2-wheeler and 4-wheeler OEM, home UPS, solar, replacement business and exports, while input costs remained elevated due to West Asia disruptions and rupee depreciation. Management also gave an update on the lithium-ion giga factory in Bangalore, noting that customer sample deliveries had commenced on the NCM cylindrical line and the LFP prismatic line.

Exide Industries reported Q4 FY26 revenue growth of 9.4% year-on-year, its highest-ever quarterly revenue, with domestic business growing 12.5% and EBITDA margin maintained sequentially at 11.7%. For full year FY26, revenue grew 4.1% year-on-year with the domestic business up about 7.5%. Management discussed rising commodity costs, particularly sulfur and plastics, price increases taken across January to April, and progress on the lithium-ion cell manufacturing project where cylindrical line customer sample delivery was expected to begin around May 2026.