NSEPress Release7h ago · 31 Oct 2026, 03:04 pm
Press Release
Eveready Industries India Limited · EVEREADY
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Eveready Industries India Limited has announced its unaudited financial results for the quarter and half year ended 30th September 2026, reporting double-digit revenue growth and maintaining stable EBITDA margins.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
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Balance Sheet Risk2/10
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Market Sentiment8/10
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Eveready Industries India Limited has informed the Exchange regarding a press release dated October 31, 2026, titled "Press Release".
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EVEREADY_31102026150414_SEIntimation_Press_Release.pdf
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Date: 31st October 2026
The National Stock Exchange of India Ltd. BSE Limited The Calcutta Stock
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Exchange Limited
Bandra Kurla Complex Towers, Dalal Street 7, Lyons Range
Bandra (E), Mumbai - 400 051 Mumbai - 400 001 Kolkata - 700 001
[Symbol: EVEREADY] [Scrip Code: 531508] [Scrip Code: 000029]
Dear Sirs/Madam,
Sub: Press Release
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find enclosed a Press Release issued by the Company in respect of the
Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and
half year ended 30th September 2026.
The press release is being made available on the website of the Company i.e. www.eveready.in.
This is for your information and record.
Thanking you,
Yours sincerely,
For Eveready Industries India Limited
Shampa Ghosh Ray
Company Secretary
Encl: as above
Eveready Industries India Limited
Eveready Industries continues growth momentum in Q2 FY27;
Revenue up 10.7 % with stable EBITDA margins at 12.6%
Posted eighth consecutive quarter of YoY revenue growth on an expanding base
Kolkata, 31st October 2026: Eveready Industries India Limited (BSE: 531508 | NSE: EVEREADY | CSE: 000029) today announced
its unaudited financial results for the quarter and half year ended 30th September 2026. The Company reported double-digit
revenue growth, marking its eighth consecutive quarter of YoY growth. Margins were maintained despite rising input costs,
while lower-than-normal rainfall affected seasonal demand.
Q2 and H1 FY27 Financial Highlights
• Consolidated revenue from operations stood at INR 428.2 crore (Q2 FY26: INR 386.8 crore), registering growth of 10.7%.
• EBITDA stood at INR 53.8 crore (Q2 FY26: INR 49.4 crore), with EBITDA margin at 12.6%, despite higher zinc prices and
other inflationary pressures.
• Profit after tax stood at INR 31.9 crore (Q2 FY26: INR -7.9 crore, which included an exceptional loss of INR 37.7 crore).
• For H1 FY27, consolidated revenue stood at INR 836.0 crore, up 9.9% YoY, while profit after tax was INR 68.9 crore, up
209.0%.
• Commodity hedging and tactical pricing actions helped maintain margins amid higher input costs.
Business and Strategic Highlights- Q2
• Battery segment: The overall battery segment grew 9.1% in value while Alkaline batteries sustained strong momentum,
with value growth of 36.5% and volume up by 30.0%.
• Jammu alkaline facility: The facility has commenced commercial production in May 2026 and now supports the Company’s
manufacturing localization plans and the growth of its alkaline battery portfolio.
• Flashlights: While the Overall flashlights grew 17.3%, the rechargeable segment grew by 33.2%, supporting overall
segment growth despite softer conventional battery-operated demand and monsoon-related headwinds.
• Lighting and electrical accessories: The lighting segment recorded a strong growth of 10.4% led by the Emergency LED
bulbs growth of 26.3%. Electrical accessories continue to build on the growth momentum.
• New product development:
• SHOR- India’s only torch with an animal alarm to ward off stray animals for farm protection. Eveready was also the
developer of SIREN torch with an alarm for personal safety.
• Xtra Bright emergency LED – Emergency bulb with 2X the brightness vs other EME bulbs during power cuts,
strengthening our emergency portfolio.
• Mosquito racquets – A part of the emerging homecare portfolio, it performed well, with Eveready establishing a position
among the leading brands within three years of launch.
• Liquid vaporizers: Eveready is strengthening its Home Care portfolio with India’s 1st portable, rechargeable anti-mosquito
liquid vaporizer that enhance consumer convenience and offer greater flexibility beyond conventional formats.
• Distribution: All our B2C channels grew strong with E-commerce and Quick commerce growing 50%+ YoY.
“Our eighth consecutive quarter of revenue growth reflects the strength of the business and gives us confidence in sustaining
this progress. Alkaline batteries and rechargeable products remain important growth drivers, while portable Liquid vaporizers
expand our mosquito protection portfolio, supported by the launch of the “Unplug and use anywhere campaign”. Our focus
remains on strengthening the product portfolio, expanding market presence and driving sustainable growth.” - Anirban
Banerjee, Chief Executive Officer
“We remain focused on profitable growth, disciplined working capital management and strengthening the balance sheet. We
are taking calibrated pricing action to protect profitability and maintain margin stability, while commodity and forex hedging
helped us manage the impact of higher input costs. As the Jammu facility ramps up, our priority will be to improve capacity
utilisation and realise the cost benefits of local manufacturing.” - Bibek Agarwala, Executive Director & Chief Financial
Officer
Q2 FY27 Press Release Page 1
Eveready Industries India Limited
Balance Sheet and Outlook
Net Debt at 30th September 2026 stood at INR 153 crore (INR 164 crore at Q1 FY27). The registration/transfer of Plot B2 of
the Noida property was completed subsequent to the reporting date on 13th October, 2026.
Looking ahead, Eveready remains focused on scaling up the Alkaline portfolio, building adoption of liquid vaporizers, and other
rechargeable products. Higher input costs remain a watchpoint. The Company will continue to review pricing in line with input-
cost movements while progressing the Jammu facility ramp-up.
About Eveready Industries India Limited
With a legacy of over 100 years, Eveready Industries India Limited (NSE Symbol: EVEREADY, BSE Scrip Code: 531508, CSE Scrip
Code: 000029) is a household name in dry cell batteries and flashlights, with an emerging presence in lighting and adjacent
consumer categories. Eveready products were first sold in India in 1905, marking the beginning of the brand’s journey. The
Company, founded in 1934, subsequently rose to leadership in the dry cell battery market and today offers innovative, portable
energy and lighting solutions.
Eveready’s manufacturing facilities are located at Matia, Lucknow, Haridwar, Maddur, Kolkata and Jammu. The facilities
operate on globally benchmarked technology platforms and follow stringent quality and environmental standards. The
Company’s Research and Development facility is approved by the Department of Scientific and Industrial Research, Ministry
of Science and Technology, Government of India.
For more information, please visit www.eveready.in
Safe Harbor Statement
Statements in this document relating to future status, events or circumstances, including statements regarding plans,
objectives, market conditions, operating performance, project timelines and expected outcomes, are forward-looking
statements based on current estimates and assumptions. Such statements are subject to risks and uncertainties and are not
necessarily predictive of future results. Actual outcomes may differ materially from those anticipated. The Company assumes
no obligation to update forward-looking statements to reflect subsequent events, changed assumptions or other factors.
Company Investor Relations Advisors
Eveready Industries India Limited Adfactors PR Private Limited
Anirban Ghosh Vikas Sahni
Email: anirban.ghosh@eveready.in Vikas.sahni@adfactorspr.com
Ashish Sahu
ashish.sahu@adfactorspr.com
Teameveready@adfactorspr.com
Q2 FY27 Press Release Page 2