Q1 FY27 results:Exide Industries shares surged 5.5% to hit a 52-week high of ₹459.90 apiece as investors cheered the company’s strong earnings for the quarter ended June 30, 2026 (Q1 FY27), with revenue and net profit growth reflecting operating leverage and sharper execution.
The auto components and equipment-making firm reported a 28% surge in its consolidated net profit at ₹350 crore for Q1 FY27 as against ₹745 crore in the same period last year.
The company’s revenue from operations increased 18% in the April-June period to ₹5,528 crore as compared to ₹4,695 crore on a year-on-year (YoY) basis.
On the operational front, Exide Industries’ earnings before interest, taxes, depreciation & amortisation (EBITDA) for the quarter grew 15% to ₹621 crore in Q1 FY27 from ₹538 crore in the corresponding quarter for the previous fiscal year.
The EBITDA margin for the quarter, however, contracted marginally to 11.23% in the reporting quarter in contrast to 11.46% YoY.
Exide Industries said it has reported broad-based growth momentum in Q1 FY27, with all major businesses recording double-digit YoY growth.
The automotive OEM segment delivered over 25% yearly growth for the third consecutive quarter, continuing to be one of the fastest-growing segments for the company. The two-wheeler and four-wheeler replacement business also posted its third straight quarter of double-digit growth, indicating sustained demand in the aftermarket segment.
Commenting on the performance, Avik Roy, MD & CEO, said: “We have entered FY27 with confidence, building on the strong momentum achieved in the second half of FY26. The continued benefits of GST rationalisation have further strengthened end-customer demand across the automotive sector, with the replacement market remaining robust. Growth opportunities also remain encouraging across automotive OEMs, home inverters, industrial UPS, solar, other infrastructure-related projects and exports.”
The industrial infrastructure business, excluding telecom, maintained low double-digit year-on-year growth, supported by demand from infrastructure-linked and industrial applications. Meanwhile, the inverters and solar segments grew by over 20% annually, aided by seasonal demand and ongoing strategic initiatives.
The export business returned to growth, registering over a 20% YoY increase on a low base, reflecting continued efforts towards geographic expansion and the opening up of shipping routes to key markets.
Exide Industries in a statement said demand for automotive products in the new financial year continued to be supported by increased affordability and positive sentiment following GST 2.0 reforms.
The company noted headwinds across key raw material costs, along with prolonged disruptions linked to the West Asia conflict. Additionally, depreciation of the rupee against the US dollar added further pressure on input costs.
To mitigate these impacts, Exide Industries implemented calibrated price adjustments while continuing to benefit from cost excellence initiatives and supply-chain efficiencies. The company added that its liquidity position remains strong, supported by zero debt and healthy cash flow generation.
“During the quarter, we successfully dispatched the first cell samples from the facility, marking a significant milestone in our lithium-ion business journey. We remain on track to commence revenue generation during FY27. These achievements reinforce our confidence that we are progressing in the right direction and building a strong foundation in new energy business,” said Roy.
At 2:25 PM, Exide Industries shares were trading at ₹445.80 apiece on the National Stock Exchange, gaining 2.33%. The company has a market capitalisation of ₹37,910 crore as of July 30, 2026.