Exide Industries Ltd — Q1FY27 earnings call summary

Filed 06 August 2026 · Official transcript

Lithium-ion plant utilization target 25-30% in FY27; capacity 6 GWh Phase 1, potential expansion to 12 GWh
Lead acid battery capex INR500 Cr annually for capacity and tech upgrades; focus on bottlenecks and brownfield expansions
Standalone Q1 FY27 revenue grew 17.6% y-y; EBITDA INR655 Cr +19.5% y-y; margin 12.4%, +20 bps y-y
Export business grew 20%+; government tenders muted but expected to pick up in H2 FY27
Raw materials mostly imported currently; pilot projects with Indian suppliers underway; electrolyte expected to localize first
Price hikes of 4-6% taken in Q1; further hikes under review; cost pressures from currency and input costs
Automotive OEM business grew 25% y-y; home UPS and solar grew over 20% y-y; solar revenue crossed INR400 Cr
Lithium-ion giga factory: 4 lines installed; NCM cylindrical and LFP prismatic lines started sample deliveries