Eveready Inds. Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Published 25 Aug 2026 | Household Products | Market Cap: ₹2.5K Cr

Alkaline battery segment growing at ~20% CAGR, driving overall battery market growth. Eveready has delivered seven consecutive quarters of year-on-year revenue growth, showcasing strong operational resilience.

From Eveready Inds.'s Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Price

353

Market Cap

₹2.5K Cr

P/E Ratio

16.0

Revenue Rank

Rank 3

Margin Rank

Rank 3

How does Eveready Inds. rank in Household Products?

Compare Eveready Inds. against every Household Products company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 3
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Eveready Inds. — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹327 Cr, net profit ₹142 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 3
  • Alkaline battery segment growing at ~20% CAGR, driving overall battery market growth.
  • Alkaline market share expected to increase from current 18% to 25-30% over next 2 years.
  • Overall battery market size around INR4,100 crores, with alkaline segment about INR550 crores and growing.
  • Lighting business showing positive traction; broken even in Q1 with potential for 1.5x-2x growth on existing fixed costs.
  • Expansion in emerging channels like modern trade and electrical channels to boost sales.
  • Wires and cables segment recently entered; aim to double current sales and attain ~1-2% market share.
  • Long-term strategy focuses on sustainable growth and capturing increased demand driven by rising adoption of power-hungry devices using alkaline batteries.
  • No immediate fund infusion planned; company generating healthy operating cash flows and targeting debt-free status within 4-5 quarters.

📈 Profitability & Margins

Rank 3
  • Eveready has delivered seven consecutive quarters of year-on-year revenue growth, showcasing strong operational resilience.
  • Alkaline battery segment is a key growth driver, with close to 48% volume growth recently and an expanding market share from 3% to 18% in 30 months; expected to reach 25%-30% market share in next 2 years.
  • Jammu plant commissioning expected to improve operating margins by approximately 10% at gross margin level due to local manufacturing versus imports.
  • Company anticipates stable EBITDA margin (~15%) and sustainable profitable growth despite commodity inflationary pressures.
  • Debt is expected to be fully repaid within 4-5 quarters, improving financial health.
  • Lighting business recently broke even; potential for modest growth in specific sub-segments like emergency LED bulbs.
  • Long-term EBITDA or turnover CAGR guidance to be provided in 1-2 quarters after further evaluation.
  • Focus on asset-light renewable energy investments and strategic market expansion through innovation and distribution to fuel sustained profit growth.

🏗️ Capital Expenditure Plans

Yes
  • The Jammu plant investment is around INR 90-95 crores in plant and machinery, recently commissioned (Page 11).
  • Ongoing rationalization of manufacturing footprint includes the sale of Noida plant assets; future asset rationalization may be considered (Page 13).
  • Focus on an asset-light model for renewable energy, with investments in solar panels and grid connection at Jammu facility; preference for leasing or rental models due to rapid changes in capital costs (Page 16).
  • No immediate plan for fund infusion; company is currently generating healthy operating cash flows and reducing debt (Page 13).
  • Strategic consideration of potential acquisitions is underway but no concrete plans disclosed; long-term approach expected in next 2-3 quarters (Page 11).
  • Expansion in lighting business with selective product focus (e.g., emergency bulbs) and leveraging dual-channel distribution but no specific capex stated (Page 17).

💰 Fundraising & Capital Structure

No
  • Currently, there is no immediate need for extra fund infusion.
  • The company is performing well and is paying down its debt ahead of schedule.
  • As part of the long-term strategy, potential fund infusion might be considered if needed in the future.
  • No ongoing fundraising through debt or equity is planned at this moment.
  • Investors are requested to wait for 2-3 quarters before the company provides any long-term financial plans or forecasts.

📋 Order Book & Pipeline

No information
The transcript on page 17 of the Eveready Industries India Limited Q1 FY27 Earnings Conference Call does not explicitly mention any details regarding the current or expected order book or pending orders. The discussion primarily focuses on: - Regional versus national business strategy in lighting products. - Market share dynamics, especially in dry cell batteries and alkaline batteries. - Operational updates such as employee optimization, Jammu facility, renewable energy efforts, and pricing strategies. - Growth prospects in alkaline batteries and lighting segments. - Regulatory compliance and market competition. No specific data or commentary on order book status or pending orders is provided in the transcript.

Key Metrics

Revenue

Rank 3

Margin

Rank 3

Capex

Yes

Fundraise

No

Order Book

No information

Frequently Asked Questions

What were Eveready Inds. Q1 FY27 results?

Alkaline battery segment growing at ~20% CAGR, driving overall battery market growth. Eveready has delivered seven consecutive quarters of year-on-year revenue growth, showcasing strong operational resilience.

What is Eveready Inds. share price analysis?

Eveready Inds. currently shows a below-average growth signal. The stock trades at a P/E of 16.0 with a market cap of ₹2,536 Cr. Investors should review the full earnings analysis for detailed insights.

Is Eveready Inds. planning capital expenditure?

The Jammu plant investment is around INR 90-95 crores in plant and machinery, recently commissioned (Page 11).

Keep Eveready Inds. on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

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