Investor Presentation

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: Investor Presentation Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed an Investor Presentation – Q2 FY27 on the Unaudited Financial Results (standalone and consolidated) of the Company for the quarter and half year ended 30th September 2026. The presentation 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 Q2 FY27 Investor Presentation October 2026 Powered by PURPOSE Business Environment Powered by Give Me Power. Give Me Red. PURPOSE BATTERIES • FLASHLIGHTS • LIGHTING Business Environment Demand Outlook Operating Environment Trade Channel Continued investment in Value-conscious purchases and Elevated commodity costs continue distribution and supply chain affordability remain important amid to pose margin pressures across with a sharper focus on General uneven rural and urban demand. consumer businesses. Trade expansion Weak monsoon conditions led Currency volatility and inflationary Modern Trade, E-commerce and moderated rural offtakes, while pressures reinforce the need for Quick Commerce continued their urban demand remained resilient pricing and cost management. growth momentum Improving demand and channel expansion continue to support growth momentum Resilient demand, evolving trade channels and tactical price increases shape growth amid cost pressures Industry & Business Landscape Alkaline Expansion Rising Consumer Adoption Growing use of electronic and Alkaline battery penetration offers high-drain devices drives demand significant conversion potential and for high-performance batteries premiumisation opportunity Market Formalisation Domestic Manufacturing Growing adoption of rechargeable Domestic alkaline manufacturing flashlights is supporting demand enhances supply-chain resilience, for branded products strengthens capacity, and supporting scalable growth. Market Leadership Lighting Landscape Stabilising LED prices unlock Eveready’s 50%+ dry-cell market opportunSityies in premium and share and pan-India distribution smart lighting reinforces its market leadership Company Overview Powered by Give Me Power. Give Me Red. PURPOSE BATTERIES • FLASHLIGHTS • LIGHTING Company Snapshot – H1FY27 100+ Years ~ 53 % 1.3 Bn+ ~ 5 Mn Battery Market Retail Outlets Legacy Batteries Sold Annually Share Key Business Categories Batteries Flashlights Lighting 64 % Category Leadership 14 % Established Franchise 22 % Diversified Portfolio Revenue Revenue Revenue Building a stronger core with portfolio premiumisation, innovation-led growth and sustained brand investment A stronger core enables portfolio premiumisation, innovation-led growth and sustained brand investment Driving Value through Innovation and Operational Excellence Innovation Operating Discipline Premiumisation Prudent capital allocation, Expand alkaline and Driving consumer-focused hedging strategy and tactical rechargeable offerings to innovation and market pricing to remain a key priority improve mix and increase leadership, supported by two to sustain margins and long- participation in higher-value patent applications term growth segments. Manufacturing Excellence backed by Technology Manufacturing Locations Assam Lucknow Maddur Haridwar Kolkata Jammu Innovation Infrastructure Technology & Quality Innovation pipeline backed by an Globally benchmarked R&D facility approved by DSIR, technology platforms and best- Jammu Ministry of Science and Technology, in-class standards. Government of India. ISO 9000 | ISO 14000 Key Financial Highlights Powered by Give Me Power. Give Me Red. PURPOSE BATTERIES • FLASHLIGHTS • LIGHTING Key Highlights: Q2 FY27 8th Consecutive Quarter of YoY Revenue Growth Jammu Plant INR crores YoY Quarterly Revenue Growth (%) ▪ Commercial operations commenced from May26 with annual capacity of 450 mn+ 428.2 batteries 386.8 9.4% 6.5% 7.1% 6.7% 10.1% 9.4% 9.0% ▪ Reduces import dependence and enhances costcompetitiveness ▪ Plant is well equipped to make flashlights, lighting productsandaccessories Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY26 Q2FY27 % growth provided on a YoY basis for each quarter Segment wise Performance overview – Q2 FY27 INR 281.5 Crs | 64 % Revenue INR 55.6 Crs | 13 % Revenue INR 102.0 Crs | 23 % Revenue 9.1 % YoY Growth 17.3 % YoY Growth 10.4 % YoY Growth Key Highlights: Q2 & H1FY27 Highlights Revenue EBITDA PAT INR 428.2 Crore INR 53.8 Crore INR 31.9 Crore Q2 FY27 10.7 % YoY Growth 12.6 % of Revenue 7.5 % of Revenue INR 836.0 Crore INR 115.2 Crore INR 68.9 Crore H1 FY27 9.9 % YoY Growth 13.8 % of Revenue 8.2 % of Revenue Operational Highlights • 8 Consecutive Quarters of YoY Revenue Growth on an Expanding Base • Launch of rechargeable liquid vaporizer to strengthen presence in home care portfolio • Growth across all business segments led by batteries; Alkaline value growth at 36.5% Q2 & H1FY27 – Profit & Loss Statement INR Crore Q2 FY27 Q2FY26 Y-o-Y (%) H1 FY27 H1 FY26 Y-o-Y (%) Revenue 428.2 386.8 10.7 % 836.0 760.9 9.9 % EBITDA 53.8 49.4 115.2 105.5 EBITDA Margin (%) 12.6 % 12.8 % 13.8 % 13.9 % Profit before exceptional items & tax 40.0 37.3 7.2 % 90.9 80.6 12.8 % Exceptional items # - 37.7 - 44.8 Profit before Tax 40.0 (0.4) - 90.9 35.8 153.6 % Income Tax - (6.4) - - Deferred Tax 8.0 13.9 22.0 13.5 Profit after Tax 31.9 (7.9) - 68.9 22.3 209.0 % PAT Margin (% ) of Revenue 7.5 % (2.0 %) 8.2% 2.9 % #Exceptionalitemsinclude: H1FY26INR29.8Crore/Q2FY26INR22.7Crorefornon-recurringex-gratiapaidtoworkmenonseparation;H1FY26/Q2FY26INR15.0CroretowardssettlementwithRealTouchintheKKRmatter Financials based on consolidated results Execution & Outcomes Powered by Give Me Power. Give Me Red. PURPOSE BATTERIES • FLASHLIGHTS • LIGHTING Segmental Performance - Batteries Alkaline Segmental Split • Sustained growthmomentum by delivering ~ 30 % volume growth with growing market share Carbon-Zinc Alkaline Batteries 11 % • Steady volumes and disciplined price increases helped sustain profitability. • Market share at ~ 57 %.Legacy portfoliogrowth was driven by scale and distribution strength Revenue Spilt for Q2 FY27 Overview • The Jammu facility is now operational, adding manufacturing scale and driving operational performance • Recorded 17% emerging channel growth, led by Quick Commerce and E-commerce. Carbon Zinc & others 89 % Revenue Growth in Alkaline Segment 29.5 21.6 Q2FY26 Q2FY27 INR Crore Portfolio splits basis value performance 14 Batteries – Portfolio Carbon zinc batteries Offerings 1% Alkaline batteries 1.3 billion+ Dry cell batteries sold annually Accessories Rechargeable and Coin & others 15 Batteries Batteries – Strengthening the Core, Innovating for Tomorrow Scaling up with High-Performance Alkaline and adjacent innovation Core Engineering Tomorrow's Portfolio Adjacencies Strengthening leadership through reliability and innovation Innovation in Liquid Vapouriser Pioneering a First-of-Its-Kind Rechargeable Portable Liquid Vaporizer; Patent Applied Image Placeholder Shaping the Future Portfolio for Maximized Value Mosquito Racquets Redefining Mosquito Protection with Ready-to-Use Solutions Image Placeholder Strengthening Leadership in Mosquito Protection Solutions Segmental Performance – Flashlights Segmental Split Battery-operated Revenue Spilt for Q2 FY27 Rechargeable flashlights65% Battery-operated • Continues to anchor mass market demand, driving replacement led consumption Revenue G [Showing first 8,000 characters — download PDF for full document]