Battery and flashlights maker Eveready Industries India Ltd delivered exceptional financial performance in Q4FY26, with consolidated net profit rising more than 13 times to ₹142 crore from ₹10.4 crore in the same quarter last year. According to reports from CNBC TV18, the profit figure includes an exceptional gain of ₹102.7 crore. Revenue for the quarter increased 9.4% year-on-year to ₹327 crore from ₹299 crore a year earlier, while EBITDA also rose 9.4% to ₹28 crore from ₹26 crore last year, with the EBITDA margin remaining steady at 9%.
The company's battery segment performance was driven by strong momentum in alkaline products, which grew 82% in Q4, while the lighting segment registered 17% growth. As reported by CNBC TV18, Eveready noted continued market share gains, with the alkaline segment nearing 20% share and maintaining over 52% share in the dry cell battery category. The company also commissioned India's only operational alkaline facility during the period, marking a strategic milestone in its manufacturing capabilities.
For the full financial year FY26, consolidated revenue from operations rose 8.2% to ₹1,455.4 crore from ₹1,344.5 crore in FY25, with growth driven by batteries, flashlights, and lighting segments. According to CNBC TV18, full-year profit after tax was ₹171.5 crore, compared with ₹82.4 crore in FY25, including a net exceptional gain of ₹48.6 crore. The EBITDA margin stood at 11.5% versus 11.4% in the previous year.
The board recommended a dividend at the rate of ₹2.50 per equity share of ₹5 each (50%) for the financial year ended March 31, 2026, subject to shareholder approval at the company's 91st annual general meeting. As reported by CNBC TV18, shares of Eveready Industries India Ltd ended at ₹331.80, up by ₹5.50, or 1.69% on the BSE on April 30, reflecting positive market sentiment towards the strong quarterly results.
Anirban Banerjee, Chief Executive Officer, highlighted that FY26 marked steady operational progress led by sustained momentum in the batteries business and recovery in the lighting segment. According to CNBC TV18, he emphasized that the commissioning of the Jammu facility is a key strategic milestone enhancing manufacturing scale and supporting ambitions for delivering premium power solutions. The company is well-positioned for FY27 with investments in capacity, portfolio upgradation, and new product development to drive deeper penetration and market share gains.
