Eveready Industries Sustains Growth Momentum in Q1 FY27; Revenue Jumps 9% with Stable EBITDA Margin

Eveready Industries Sustains Growth Momentum in Q1 FY27; Revenue Jumps 9% with Stable EBITDA Margin​

Kolkata, August 8, 2026: Eveready Industries India Limited announced its unaudited financial results for the quarter ended June 30, 2026. The company reported strong top-line momentum, achieving its seventh consecutive quarter of revenue growth while maintaining stable EBITDA margins despite inflationary pressures across raw materials and input costs.

The performance highlights show sustained operational strength across key consumer segments.


Segment Performance and Strategic Moves

The battery segment registered significant growth, driven by strong alkaline performance and a recovery in carbon zinc batteries. Alkaline volumes increased by approximately 48%, while carbon zinc volumes returned to growth of about 1%. The company also announced the commencement of commercial production at its new facility in Jammu, which is India's only operational alkaline battery plant. This plant aims to support import substitution and drive long-term cost leverage as utilization increases.

In the lighting segment, Eveready recorded a solid 13.7% growth, supported by robust volumes across LED bulbs, emergency lighting, and accessories. The company noted that signs of moderating price erosion were visible during the quarter.

The rechargeable flashlight category saw strong consumer adoption, with sales growing over 20%. However, the segment's overall revenue declined by approximately 6.7%, attributed primarily to delayed seasonal demand resulting from the monsoon, which impacted conventional battery-operated flashlights.

Eveready also introduced new product innovations across its portfolio. The company strengthened its position in the mosquito racket market and launched a rechargeable torch SHOR featuring a powerful 100 decibel animal alarm combined with a red UV strobe light to assist farmers in crop protection. Furthermore, Xtra Bright LED bulb was launched into the emergency portfolio, offering up to 2X brighter illumination during power outages.

Management Perspective on Stability and Growth

Anirban Banerjee, Chief Executive Officer of Eveready Industries, stated that the company continues to see healthy topline momentum across various channels and segments, anticipating this growth trajectory to continue. He added that while commodity prices, input costs, and currency movements remain key pressure points, management is closely monitoring macro developments and implementing calibrated actions to protect profitability and maintain margin stability.

Bibek Agarwala, Executive Director and Chief Financial Officer, commented that margins remained broadly stable despite inflation in zinc and other crucial inputs, thanks to calibrated pricing, foreign exchange management, and cost discipline. He noted that the localization provided by the Jammu alkaline facility should support efficiency as it scales up, confirming the company's focus on cash generation and strengthening its balance sheet.

EVEREADY Stock Price Movement​

Shares of Eveready Industries India Limited slipped on Friday, settling at ₹356.80 after shedding 1.18% against the previous close. The stock saw a traded volume of 95,680 shares during the session.