Any current/future new fundraising through debt or equity?

No explicit mention of new fundraising through equity in the disclosed transcript. Capex planned for an alkaline battery manufacturing facility, with estimated additional debt of around INR 150 crore. Current debt is INR 256 crore and is being continuously reduced. Post the alkaline project Capex, peak debt expected to be around INR 400 crore. Existing debt will decrease per repayment schedules, with INR 150 crore likely added for the new plant. No mention of plans for any fresh equity infusion or other fund-raising routes in the near term.

Any current/future capex/capital investment/strategic investment?

Eveready is building a manufacturing facility for alkaline batteries, which will be the only such facility in India. The alkaline plant aims to improve margins through local manufacturing versus importing. The plant will be a multi-product facility, potentially producing other battery types (like Carbon Zinc) and related products such as flashlights to improve economies of scale. Location finalization for the alkaline plant is expected by mid-December. Commercial production is targeted for the second half of FY 2026 (around October 1). The capex for the alkaline project is estimated to add app

Future growth expectations in sales/revenue/volumes?

The company expects modest full-year growth, with improved momentum in H2, supported by better performance in batteries, flashlights, and lighting segments. Battery segment: Focus on Zinc, Carbon, and Alkaline batteries with stable performance expected by year-end; alkaline segment showing strong 62% value growth. Flashlights: Rechargeable flashlights growing steadily; category grew 16% in Q2 and 7% for H1, expected to maintain momentum. Lighting: Despite ongoing price erosion, volume growth continues; professional luminaires segment showing promising growth from a small base. Future growth dr

Future growth expectations in earnings/operating earnings/profits/EPS?

Management expects modest revenue growth for the full year, with stronger momentum in the second half (H2) driven by RTM (Route-to-Market) improvements starting Q3 and fully benefiting in Q4. Battery segment poised for stable performance with growth in alkaline batteries offsetting muted Carbon-Zinc space. Flashlights and lighting segments are targeted for healthy growth, especially with new innovative products and increased focus on professional luminaires. Lighting business aims to cross INR400 crore revenue to achieve break-even and targets 5%+ EBITDA margin at INR500-600 crore revenu

Eveready Inds.Q2 FY25Household Products

Eveready Inds. Q2 FY25 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹316P/E: 14.7Market Cap: ₹2.3K CrSector: Household Products

Management growth scorecard

Revenue

Category 4

Margin

Category 3

Fundraise

N/A

Order

N/A

Capex

Yes

1 of 3 growth signals are positive — mixed outlook.

Full analysis

Revenue guidance

Category 4

The company expects modest full-year growth, with improved momentum in H2, supported by better performance in batteries, flashlights, and lighting segments.
Battery segment: Focus on Zinc, Carbon, and Alkaline batteries with stable performance expected by year-end; alkaline segment showing strong 62% value growth.
Flashlights: Rechargeable flashlights growing steadily; category grew 16% in Q2 and 7% for H1, expected to maintain momentum.
Lighting: Despite ongoing price erosion, volume growth continues; professional luminaires segment showing promising growth from a small base.
Future growth driven by expanded product portfolios, enhanced distribution (reaching ~5 million outlets), and new adjacent products like mosquito rackets and power banks.
The alkaline battery manufacturing facility planned to be operational by H2 FY26, expected to boost growth and margins.
Long-term goal to reach $100 million revenue in lighting in 4-5 years, with break-even at INR400 crore revenue, and 5% EBITDA margin targeted between INR500-600 crore revenue.

Margin guidance

Category 3

Management expects modest revenue growth for the full year, with stronger momentum in the second half (H2) driven by RTM (Route-to-Market) improvements starting Q3 and fully benefiting in Q4.
Battery segment poised for stable performance with growth in alkaline batteries offsetting muted Carbon-Zinc space.
Flashlights and lighting segments are targeted for healthy growth, especially with new innovative products and increased focus on professional luminaires.
Lighting business aims to cross INR400 crore revenue to achieve break-even and targets 5%+ EBITDA margin at INR500-600 crore revenue levels over time.
Price erosion in lighting segment is moderating, expected to stabilize with volume growth contributing to absolute profit gains rather than margin expansion initially.
Interest cost savings due to debt reduction will support profitability.
EPS and operating profits are expected to improve leveraging revenue growth and operational efficiencies, though margin improvement will be gradual.

See what Eveready Inds. management said on margin guidance — free account, 30 seconds.

Fundraise plans

No explicit mention of new fundraising through equity in the disclosed transcript.
Capex planned for an alkaline battery manufacturing facility, with estimated additional debt of around INR 150 crore.
Current debt is INR 256 crore and is being continuously reduced.
Post the alkaline project Capex, peak debt expected to be around INR 400 crore.
Existing debt will decrease per repayment schedules, with INR 150 crore likely added for the new plant.
No mention of plans for any fresh equity infusion or other fund-raising routes in the near term.

Order book

The transcript does not explicitly mention the current or expected order book or pending orders for Eveready Industries India. However, key points related to business outlook and growth are: - The company is expecting improved growth outlook for the second half of the year. - Initiatives such as distribution restructuring and new product launches are underway, which may positively impact order inflow. - Lighting business aims for significant growth despite price erosion challenges. - The company is diversifying into adjacent products (e.g., mosquito rackets, power banks) to boost turnover. - Battery segment is stable with expected growth supported by stronger alkaline battery presence. - Flashlight segment has seen 16% revenue growth, driven by new innovative models. - Overall, the company anticipates modest growth for the year, with stronger second half performance. No direct figures or specific details on order backlog or pending orders are provided in the transcript.

See what Eveready Inds. management said on order book — free account, 30 seconds.

Capex plans

Yes

Eveready is building a manufacturing facility for alkaline batteries, which will be the only such facility in India.
The alkaline plant aims to improve margins through local manufacturing versus importing.
The plant will be a multi-product facility, potentially producing other battery types (like Carbon Zinc) and related products such as flashlights to improve economies of scale.
Location finalization for the alkaline plant is expected by mid-December.
Commercial production is targeted for the second half of FY 2026 (around October 1).
The capex for the alkaline project is estimated to add approximately INR 150 crore debt, with total peak debt around INR 400 crore.
This investment is strategic to capture growth in the alkaline segment and enhance cost and quality control.

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