What we do Eveready Industries India Ltd manufactures and markets batteries, flashlights, lighting, and electrical products in India, serving consumer and institutional markets. |
Founded in 1,934 |
Market share Holds over 50% market share in India's battery segment and 75% in organized flashlights. |
Problem solved Provides portable energy and lighting solutions for everyday consumer and professional needs. |
Top clients or who we serve Serves retail consumers, institutional buyers, and modern trade across India; B2C and B2B segments. |
Key management - |
Our journey and innovations Founded in 1934, Eveready evolved from carbon zinc to alkaline batteries, expanding into LED lighting and home appliances with a strong R&D focus. |
Where we operate Primarily India with some exports to other countries. |
Top products or what we offer Dry cell and rechargeable batteries, flashlights, LED lighting, electrical products, and small home appliances. |
Top brands Eveready: #1 battery brand in India, iconic legacy brand, market leader; PowerCell and Uniross also key brands. |
Raw materials needed Zinc, manganese dioxide, chemicals used in battery production. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenues are moderately cyclical based on consumer demand and raw material cost cycles. |
Our industry position Market leader in batteries and flashlights, expanding presence in lighting and consumer appliances. |
Financial highlights FY 2024-25 revenue Rs 1344.52 Cr, PAT Rs 82.45 Cr, EBITDA growth driven by batteries and alkaline segment expansion. |
Geographical revenue split India contributes over 97% of revenue, with minor revenue from other countries. |
Order book - |
Whats driving growth Growth driven by alkaline batteries adoption, rechargeable flashlights, LED lighting expansion, and distribution reach. |
Our future plans Investing Rs 180 Cr in greenfield alkaline battery plant in Jammu; expanding rechargeable and home appliance offerings. |
Our green promise Adheres to ISO 14000 environmental standards and sustainability initiatives in manufacturing. |
Our people and values Strong workforce emphasis on quality, innovation, and continuous development; transparent governance. |
Key challenges ahead Raw material cost volatility, competitive pricing, regulatory compliance, and market share retention. |
Interesting facts Eveready has sold over 1.3 billion dry cell batteries annually and maintains leadership in India's portable power market. |
Risks and strategy Mitigates risks via operational efficiencies, diversified portfolio, brand building, and legal compliance strategies. |