Eveready Industries India Limited (eveready) Q1 FY27: Revenue Up 9%, Ebitda Margin at 15.1%

Eveready Industries India Limited (NSE: EVEREADY) today announced its unaudited financial results for the quarter ended 30 June 2026. The company reported continued top-line momentum, marking its seventh consecutive quarter of revenue growth, while maintaining stable EBITDA margins despite inflation in commodities and other input costs.

Financial Highlights

The consolidated revenue from operations stood at INR 407.7 crore (Q1 FY26: INR 374.1 crore), registering growth of 9% YoY. EBITDA stood at INR 61.5 crore (Q1 FY26: INR 56.1 crore), with EBITDA margin at 15.1%, remaining stable YoY despite inflation in zinc, other raw materials and foreign-exchange-linked inputs. Profit after tax stood at INR 37.0 crore compared with INR 30.2 crore in Q1 FY26, registering a growth of 22.3%. Calibrated pricing actions, procurement/forex interventions and cost discipline helped to maintain profitability.

Business and Strategic Highlights

The battery segment revenue grew by 11.9%, led by strong alkaline battery performance and a recovery in carbon zinc batteries. Alkaline volumes increased by approximately 48%, while carbon zinc volumes returned to growth of approximately 1%. The flashlights segment continued to register strong growth of over 20%, reflecting the ongoing consumer shift towards rechargeable products and their increasing adoption across urban usage occasions. However, the segment’s overall revenue declined by around 6.7%, primarily due to the delayed onset of the monsoon, which deferred seasonal demand and resulted in lower volumes of conventional battery-operated flashlights.

The lighting segment recorded 13.7% growth, supported by healthy volumes across LED bulbs, emergency lighting and accessories. Price erosion showed signs of moderating during the quarter. Eveready continued to strengthen its position in the mosquito rackets category within the organized segment. The quarter also saw the launch of a rechargeable torch SHOR with the feature of an animal alarm for farm protection.

“We continue to see healthy topline momentum across channels and key segments and expect this growth trajectory to continue. Commodity prices, input costs and currency movements remain key pressure points. We are closely monitoring macro developments and taking calibrated actions to protect profitability and maintain margin stability. At the same time, we remain focused on strengthening our product portfolio, expanding market presence and driving sustainable growth.” – Anirban Banerjee, Chief Executive Officer

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Eveready Industries India Limited

Eveready Industries India Limited belongs to the Industrials › Electrical Equipment & Parts sector. Here’s a quick read on where the business and the stock stand today.

Eveready moves sideways over three months, with neither buyers nor sellers taking control. The PEG of 0.18 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Revenue grows at 2.9% CAGR. The company generates cash but does not compound aggressively. The stock holds at 45% of its 52-week range with RSI at 54. In other words, neither side has a clear edge right now. The stock rises 7.8% in three months on 2.9% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Eveready Industries India Limited.