Eveready Industries India Ltd has reported a consolidated net profit of Rs 302.3 million for the quarter ended June 2025, supported by resilient demand in its battery and flashlight segments. The company’s consolidated revenue from operations stood at Rs 3.74 billion, reflecting a steady performance in a competitive consumer durables market.
The results highlight Eveready’s continued focus on product innovation, cost control, and brand strength, even as it navigates evolving consumer preferences and input cost pressures.
Key financial highlights
- Consolidated revenue from operations reached Rs 3.74 billion in Q1 FY26
- Net profit for the quarter stood at Rs 302.3 million, marking a healthy year-on-year growth
- EBITDA margins improved due to better product mix and operating efficiencies
- Earnings per share (EPS) rose to Rs 3.12, up from Rs 2.45 in the same quarter last year
Segment performance and product trends
Eveready Industries operates across dry cell batteries, flashlights, lighting products, and small appliances. The battery segment continues to be the primary revenue driver.
1. Batteries
- Alkaline and rechargeable batteries saw increased adoption across urban and semi-urban markets
- Premium variants such as Eveready Ultima gained traction due to longer shelf life and anti-leak technology
- Institutional sales to telecom and industrial clients remained stable
2. Flashlights and lighting
- LED torches and emergency lights performed well, especially in rural and Tier 2 markets
- Seasonal demand for portable lighting products supported volume growth
- New launches in rechargeable flashlight categories received positive consumer response
3. Appliances and other products
- Mixer grinders, irons, and air purifiers contributed modestly to revenue
- Focus remained on test marketing and selective expansion in high-margin SKUs
- Online sales of small appliances saw moderate growth through e-commerce platforms
Strategic initiatives and operational updates
Eveready Industries has undertaken several initiatives to strengthen its market position and operational efficiency:
- Continued investment in brand building through digital and regional campaigns
- Optimized distribution network to improve reach and reduce turnaround time
- Enhanced procurement practices to mitigate commodity price volatility
- Strengthened ESG practices, including battery recycling and energy-efficient manufacturing
Challenges and market dynamics
Despite the strong quarterly performance, the company faces several industry-wide challenges:
- Intense competition from imported alkaline batteries and unorganized players
- Volatility in raw material prices, particularly zinc and carbon components
- Shifting consumer preferences toward rechargeable and eco-friendly alternatives
- Seasonal fluctuations in flashlight demand and rural purchasing power
Outlook and growth strategy
Eveready Industries remains cautiously optimistic about its growth prospects for FY26, with the following priorities:
- Expand alkaline and rechargeable battery portfolio to capture premium market share
- Deepen rural penetration through targeted distribution and pricing strategies
- Accelerate product innovation in lighting and small appliances
- Explore strategic partnerships for technology transfer and market expansion
The company expects festive season demand and back-to-school sales to support volumes in Q2. Management remains focused on balancing growth with profitability and operational discipline.
Conclusion
Eveready Industries India Ltd has posted a solid Q1 FY26 performance, with Rs 3.74 billion in revenue and Rs 302.3 million in net profit. The results reflect the company’s strategic agility, brand strength, and operational discipline. As it continues to innovate and expand its product portfolio, Eveready is well-positioned to navigate market challenges and deliver sustained value to stakeholders.
Sources: Business Standard, Economic Times, Moneycontrol, Eveready Industries Corporate Filings, Trendlyne
