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Incorporated in 1934, Eveready Industries India Limited is one of the leading manufacturers of dry cell batteries in India and offers products such as batteries, flashlights, lighting solutions, and home appliances.
Eveready achieved its 7th consecutive quarter of revenue growth, with Q1 FY27 revenue up 9% to INR 407.7 Cr. Profit after tax rose 22.3% to INR 37.0 Cr, maintaining a stable 15.1% EBITDA margin despite inflation. Its new Jammu alkaline battery facility commenced commercial production.
Eveready's Q1 FY27 revenue grew 9% to 407.7 Cr, with PAT up 22.3% to 37.0 Cr. The Jammu plant commenced alkaline production. New product innovations include a patent-applied portable liquid vaporizer and hybrid flashlights. Batteries segment saw double-digit growth.
Eveready commissioned India’s only operating alkaline battery facility in Jammu with a ₹200 crore investment. This plant has 456 million annual installed capacity, boosting domestic manufacturing, reducing imports, and expanding the premium alkaline segment.
Eveready finalized the sale of its Noida leasehold property for ₹251.55 Cr, following prior board approval. This asset, contributing ~1% to annual turnover, is part of a strategic divestment.
Eveready reported Q3 FY26 revenue up 10.1% to ₹367.2 Cr & EBITDA up 13.0% to ₹33.3 Cr, driven by batteries. PAT was ₹7.5 Cr due to a one-time ₹9.4 Cr charge. Divestment of Noida land is underway to reduce ₹317 Cr debt; Jammu plant on track.