| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 367.24 | 5.0% | 10.1% |
| Total Income | 367.61 | 5.0% | 10.1% |
| Expenditure | 346.02 | 1.1% | 8.9% |
| PBT | 12.21 | 2939.5% | 23.4% |
| Net Profit | 7.45 | 194.2% | 43.1% |
| OPM | 6.43% | 3.48pp | 5.82pp |
| NPM | 2.03% | 4.07pp | 1.89pp |
| EPS | 1.02 | 6.4% | 43.3% |
Eveready Industries Reports 10.1% Revenue Growth in Q3 FY26; EBITDA Up by 13.0%
05 Feb 2026 · 5 Feb, 5:52 pm
Summary
Eveready Industries India Ltd reported a 10.1% increase in consolidated revenue from operations for Q3 FY26, amounting to INR 367.2 crore. The EBITDA also increased by 13.0% to INR 33.3 crore. The growth was driven by a strong performance in the batteries business, which grew by 11.1%, and a 72% growth in Alkaline batteries. The lighting business also witnessed a 10.5% growth. The profit after tax stood at INR 7.5 crore after factoring in a one-time exceptional charge of INR 9.4 crore. The net debt was INR 317 crores including INR 167 crores Capex for Alkaline Battery facility at Jammu.
Key Highlights
- 1
Q3 FY26 consolidated revenue from operations stood at INR 367.2 crore
- 2
EBITDA increased to INR 33.3 crore in Q3 FY26
- 3
Batteries business grew by 11.1% in Q3 FY26
- 4
Alkaline batteries grew by 72% in Q3 FY26
- 5
Lighting business grew by 10.5% in Q3 FY26
- 6
Profit after tax stood at INR 7.5 crore in Q3 FY26
- 7
Net debt was INR 317 crores including INR 167 crores Capex for Alkaline Battery facility at Jammu
Management Comments
Anirban Banerjee
Q3 FY26 marked another quarter of steady progress for Eveready, with growth sustained despite a challenging operating environment. The batteries business continued to anchor performance, with alkaline market share reaching the 19% milestone. Calibrated pricing actions and effective hedging strategies helped mitigate the impact of elevated zinc prices and currency volatility. While certain categories experienced near-term softness, our continued focus on portfolio upgradation, cost discipline, and execution consistency positions the Company well to benefit from improved operating leverage as demand conditions normalize.
Bibek Agarwala
During the quarter, we continued to make steady progress across our key operational and financial priorities. Construction of our new alkaline battery manufacturing facility in Jammu is on track for completion by the end of the current fiscal year, reinforcing our long-term growth platform. We have also initiated the divestment of our Noida land parcel as part of our focused efforts to reduce debt and strengthen balance-sheet resilience. Additionally, the Board’s approval of the Company’s first-ever Employee Stock Options Plan reflects our commitment to attracting, retaining, and motivating talent aligned with Eveready’s long-term value creation.
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