Conference Call with Exide Industries Management and Analysts on Q3FY26 Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Exide Industries announced Q3FY26 results Revenue: Rs 4,030 crore against Rs 3,849 crore during Q3FY25, change 5%. EBITDA: Rs 470 crore against Rs 449 crore during Q3FY25, change 5%. PBT: Rs 352 crore against Rs 325 crore during Q3FY25, change 8%. PAT: Rs 258 crore against Rs 245 crore during Q3FY25, change 5%. EPS: 3.03 for Q3FY26. Avik Roy, MD & CEO, said: 'Q3FY26 revenues showed a strong recovery post slowdown in Q2. GST 2.0 resulted in overall growth in the automotive sector which Exide capitalised on. Macroeconomic conditions in India continue to be favourable with low inflation, lower income tax rates, lower Repo rates and positive consumer sentiment. However, metals such as Silver, Copper, Sulphur and Tin are at or near a/I-time high rates, contributing to increased cost pressures. Rupee depreciation is further creating challenges on the cost side. In this environment, the company's priority has been on managing profitable growth and focusing on preserving cash. The company continues to deliver stable performance along with maintaining strong balance sheet and positive cash flow generation, thereby establishing the strength of our brand and trade network. During the quarter, the company achieved 25%+ growth in the auto OEM segment. The auto replacement and infrastructure segment (exclude telecom) also showed double-digit growth. International business was impacted due to global tariff uncertainties. We expect both the auto replacement and OEM business to continue their strong growth momentum into Q4. The company continues to focus on better sales mix, innovative products and achieving cost efficiencies in its manufacturing facilities. Various investments in improving the Lead Acid Battery manufacturing technologies have started showing results. The company is planning investments in process automation to further drive operational efficiency and improve quality. In the lithium-ion cell manufacturing project, installation and commissioning work is going on in full swing. Product validation trials have started for the cylindrical line.' Result PDF
Conference Call with Exide Industries Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Exide Industries announced Q2FY26 results Revenue: Rs 4,178 crore against Rs 4,267 crore during Q2FY25. EBITDA: Rs 395 crore against Rs 484 crore during Q2FY25. PBT: Rs 298 crore against Rs 399 crore during Q2FY25. PAT: Rs 221 crore against Rs 298 crore during Q2FY25. EPS: Rs 2.60 for Q2FY26. Avik Roy, MD & CEO, said: 'We had a strong first half of the quarter until mid-August when the GST cut was announced. The growth was muted in the second half, especially in trade business, driven by channel destocking. However, it is a welcome move by the government as it will drive demand in H2FY26. Global trade situation remained uncertain and impacted our exports. Domestic Macro outlook is favourable with low inflation, low interest rates and higher disposable incomes. We expect the strong growth momentum, especially in Trade and Automotive OEM business, to be back in Q3. There is continuous pressure from input material costs. In this environment, the company's priority has been on managing profitable growth and focusing on preserving cash. We proactively cut down production in the second half of the quarter in anticipation of the muted demand from channel partners. This helped us to reduce our inventory levels. Investments in our manufacturing technologies have started showing results which will be further realized as volumes grow. In our lithium-ion cell manufacturing project, construction work is going on in full swing to ensure timely project completion. We wish to commercialise operations in FY26.' Result PDF