Eveready Q4 FY26 Revenue Up 9.4% to ₹327.2 Crore; Alkaline Facility Commissioned
Eveready Industries reported Q4 FY26 revenue of ₹327.2 crore, up 9.4%, and EBITDA of ₹28.7 crore, up 10.7%. FY26 revenue was ₹1455.4 crore, up 8.2%. India's only operational Alkaline Battery Facility in Jammu was commissioned on April 22, 2026. The company also reduced debt by over ₹100 crore.
The strong financial performance, coupled with the commissioning of a key manufacturing facility that enhances competitive positioning and reduces import reliance, is expected to have a significant positive impact on the company's future growth and profitability.
The company reported robust revenue and EBITDA growth for Q4 FY26 and the full year FY26. The commissioning of a new, strategic alkaline battery facility and significant debt reduction further contribute to a positive outlook.
Eveready Industries India Limited announced its audited financial results for the quarter and full year ended March 31, 2026. The company reported a 9.4% revenue growth in Q4 FY26, reaching ₹327.2 crore (₹299.0 crore in Q4 FY25), driven by strong performance in batteries, particularly an 82% growth in Alkaline batteries, and a 17.0% increase in the lighting segment.
EBITDA for Q4 FY26 rose by 10.7% to ₹28.7 crore (₹25.9 crore in Q4 FY25), attributed to improved realisations and disciplined cost management despite input cost pressures. The profit after tax for the quarter was ₹141.8 crore, which includes an exceptional gain of ₹102.7 crore, compared to ₹10.4 crore in Q4 FY25.
For the full financial year 2026, consolidated revenue from operations grew by 8.2% year-on-year to ₹1455.4 crore (₹1344.5 crore in FY25). EBITDA margin stood at 11.5% (11.4% in FY25). Profit after tax for FY26 was ₹171.5 crore, including a net exceptional gain of ₹48.6 crore, compared to ₹82.4 crore in FY25.
The company highlighted its strengthening market share, with the alkaline segment approaching 20% and maintaining over 52% in the dry cell battery segment. A significant strategic milestone was the commissioning of India's only operational Alkaline Battery Facility in Jammu on April 22, 2026, inaugurated by Shri Manoj Sinha, the Hon'ble Lieutenant Governor of Jammu and Kashmir. This facility is expected to enhance manufacturing scale, reduce reliance on imports, and support the company's ambition for premium power solutions.
Anirban Banerjee, Chief Executive Officer, stated that FY26 was a year of steady operational progress, and the company is well-positioned for FY27 with investments in capacity, portfolio upgradation, and new product development. Bibek Agarwala, Executive Director & Chief Financial Officer, noted that FY26 is an inflection point due to the Jammu facility and mentioned a debt reduction of over ₹100 crore in the current fiscal.
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