What we do Exide Industries Limited manufactures and sells lead acid storage batteries and inverters for automotive, industrial, and solar sectors with global presence. |
Founded in 1,947 |
Market share A leading battery manufacturer in India with a strong market share in automotive replacement, industrial UPS, and solar segments. |
Problem solved Provides reliable energy storage solutions to power automotive vehicles, industrial equipment, and solar applications with sustainable technologies. |
Top clients or who we serve Serves automotive OEMs, replacement markets, industrial and solar sectors; global exports to 60 countries; primarily B2B and B2C. |
Key management Avik Kumar Roy (MD & CEO, experienced leader), Manoj Kumar Agarwal (Director-Finance & CFO). |
Our journey and innovations Founded in 1947; expanded through acquisitions and collaborations; advanced battery tech via global partners like East Penn, SVOLT, and Moura. |
Where we operate Operations primarily in India with subsidiaries in UK, Singapore, Sri Lanka; exports to over 60 countries across six continents. |
Top products or what we offer Lead acid automotive, industrial, submarine batteries; lithium-ion cells; solar batteries; inverters; Home UPS systems; EV battery modules. |
Top brands Exide (automotive & industrial batteries), Exide Life Insurance, Exide Solarblitz (solar batteries), Exide Integra (lithium-ion backup). |
Raw materials needed Lead, plastic, acid, battery components for manufacturing storage batteries. |
Raw materials supplier Internal subsidiaries like Chloride Metals Ltd recycle lead; also sources from industry suppliers. |
Recurring vs cyclical contribution Revenue is a mix with strong recurring replacement demand complemented by cyclical OEM and industrial project sales. |
Our industry position Market leader in lead acid batteries in India with expanding lithium-ion presence; recognized for strong R&D and quality. |
Financial highlights FY25 revenue Rs 16,588 crore, PAT Rs 1,077 crore, EBITDA margin ~11.4%, consistent growth over years. |
Geographical revenue split Approximately 90% revenue from India, 10% from overseas markets including exports. |
Order book Strong order book fueled by automotive replacement, industrial UPS, and solar segments with growing exports. |
Whats driving growth Growth driven by rural penetration, solar energy adoption, electric mobility, exports, and product innovation. |
Our future plans Scaling lithium-ion cell manufacturing, expanding green tech solutions, investing Rs 1,000 crore+ in EV battery projects. |
Our green promise Committed to sustainability with lead recycling plants, renewable energy use, plastics recycling, and ESG integration. |
Our people and values Engages 3.75 lakh beneficiaries via CSR, fosters safety, inclusivity, and continuous learning with 1,500 premium dealers. |
Key challenges ahead Challenges include evolving battery technologies, regulatory changes, raw material price volatility, and global competition. |
Interesting facts Only Indian battery maker with 3 large lead recycling plants; first lithium-ion home backup systems launched. |
Risks and strategy Risks from raw material costs and tech shifts; mitigated via vertical integration, R&D, and global collaborations. |
