- Total income
- ₹17,571 Cr
- Profit
- ₹795 Cr

About Exide Industries Limited
Data last updated:
Exide Industries Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 31 January 1947 and has been in existence for over 79 years.
Exide Industries is ranked #163 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Rajan Raheja and family are #103 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L31402WB1947PLC014919. Its GSTIN is 19AAACE6641E2ZR (West Bengal). The company holds 32 GST registrations, of which 18 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500086 and NSE: EXIDEIND.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹85 Cr. It was formerly known as Chloride India Limited and Associated Battery Makers (Eastern) Limited. It is led by directors including Avik Kumar Roy (Managing Director) and Rajeev Khandelwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Exide House 59E Chowringhee Road, Kolkata, West Bengal, India – 700020.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹17,995 Cr, a growth of 4.4% compared to the previous year. For the same year it recorded a net profit of ₹830.4 Cr (net margin 4.6%) and EBITDA of ₹1,865.51 Cr (EBITDA margin 10.4%). The net worth stands at ₹13,905 Cr (down 0.1% YoY). Total assets are valued at ₹15,641 Cr (down 3.1% YoY).
The company has about 4,795 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 3 brands: Battery Big Bazaar, Exide and Exide Life. As per MCA filings, the company has open charges of ₹1,345 Cr and satisfied charges of ₹862.65 Cr on record. Court records list 868 cases involving the company, including 571 filed by the company and 297 filed against it; 183 cases are pending. The company has 21 deals on record (17 market trades, 2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹689.5 Cr; the latest was in June 2024. Its 4 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 1 smaller; the largest is Padget Electronics Private Limited with revenue of ₹27,964 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 402 overdue payments to 123 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website exideindustries.com.
Company details
Name history
Exide Industries has undergone 2 name changes throughout its history. The company was previously known as Chloride India Limited, and Associated Battery Makers (Eastern) Limited. The current legal name is Exide Industries Limited.
| Company Name | Status |
|---|---|
| Exide Industries Limited | Current |
| Chloride India Limited | Previous |
| Associated Battery Makers (Eastern) Limited | Previous |
CIN history
Exide Industries has one previous CIN (Corporate Identification Number): L31402WB1970PLC014919. The current CIN is L31402WB1947PLC014919, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31402WB1947PLC014919 | Current |
| L31402WB1970PLC014919 | Previous |
Recognitions & Rankings of Exide Industries
- Valuation
- ₹39,700 Cr
- #103 Rajan Raheja & family ₹32,600 Cr
Contact details
Exide Industries Limited's registered office is in Kolkata, West Bengal. Its website is exideindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressExide House 59E Chowringhee Road, Kolkata, West Bengal, India – 700020
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Exide Industries Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Exide Industries operates multiple associated brands including Battery Big Bazaar, Exide, and Exide Life. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sells car, inverter, and other batteries online with free delivery services. | batterybigbazaar.com | |
| Exide is recognized as India's largest battery manufacturer. | exideindustries.com | |
| Exide Life Insurance | exidelife.in |
Business activity
The main business activity of Exide Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Exide Industries Limited, buy the company report.
Financials of Exide Industries Limited
FY 2025-26 filings availableExide Industries Limited reported revenue of ₹17,995 Cr (up 4.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 17,995 | 17,238 | 16,770 | 15,078 | 12,789 | 10,359 | 14,471 |
| Revenue growth | +4.4% | +2.8% | +11.2% | +17.9% | +23.5% | -28.4% | - |
| EBITDA | 1,866 | 1,805 | 1,821 | 1,593 | 1,402 | 1,366 | 1,436 |
| EBITDA margin | +10.4% | +10.5% | +10.9% | +10.6% | +11.0% | +13.2% | +9.9% |
| Profit before tax | 1,249 | 1,176 | 1,231 | 1,138 | 4,623 | 1,068 | 972 |
| Net profit | 830 | 769 | 846 | 791 | 4,345 | 810 | 787 |
| Net profit margin | +4.6% | +4.5% | +5.1% | +5.3% | +34.0% | +7.8% | +5.4% |
| EPS (₹) | 10.05 | 9.35 | 10.31 | 9.68 | 51.38 | 9.53 | 9.14 |
| Balance sheet | |||||||
| Total assets | 15,641 | 16,136 | 14,190 | 11,881 | 11,220 | 23,610 | 20,955 |
| Net worth | 13,905 | 13,913 | 12,886 | 11,132 | 10,584 | 7,272 | 6,467 |
| Total debt | 1,575 | 2,017 | 1,123 | 588 | 520 | 509 | 196 |
| Cash & bank | 258 | 188 | 331 | 140 | 199 | 354 | 342 |
| Net working capital | 670 | 1,638 | 2,034 | 2,212 | 1,728 | 27.82 | 1,249 |
| Cash flow | |||||||
| Cash from operations | 2,413 | 1,273 | 1,533 | 768 | 61.25 | 2,263 | 1,619 |
| Cash from investing | (1,551) | (1,934) | (1,458) | (799) | 66.33 | (2,082) | (1,097) |
| Cash from financing | (805) | 515 | 108 | (30.10) | (172) | (170) | (532) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,528 | 4,735 | 4,201 | 4,365 | 4,695 | 4,335 | 4,017 | 4,450 |
| Revenue growth (YoY) | +17.8% | +9.2% | +4.6% | -1.9% | +5.9% | - | - | - |
| Other income | 27.43 | 4.24 | 15.72 | 53.75 | 27.91 | 44.08 | 12.79 | 40.25 |
| EBITDA | 621 | 488 | 442 | 391 | 538 | 428 | 425 | 472 |
| EBITDA margin | +11.2% | +10.3% | +10.5% | +9.0% | +11.5% | +9.9% | +10.6% | +10.6% |
| Depreciation | 142 | 138 | 149 | 152 | 149 | 148 | 145 | 146 |
| Interest | 19.81 | 26.62 | 25.07 | 39.74 | 32.40 | 34.86 | 54.36 | 34.02 |
| Profit before tax | 487 | 327 | 283 | 253 | 385 | 290 | 238 | 332 |
| Tax | 136 | 111 | 88.15 | 79.69 | 110 | 102 | 79.58 | 98.97 |
| Net profit | 351 | 217 | 195 | 174 | 275 | 188 | 158 | 233 |
| EPS (₹) | 4.12 | 2.53 | 2.29 | 2.02 | 3.21 | 2.20 | 1.84 | 2.72 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 17,269 | 16,588 | 16,029 | 14,592 | 12,410 | 10,041 | 9,857 |
| Revenue growth | +4.1% | +3.5% | +9.9% | +17.6% | +23.6% | +1.9% | - |
| EBITDA | 1,935 | 1,894 | 1,872 | 1,569 | 1,399 | 1,357 | 1,345 |
| EBITDA margin | +11.2% | +11.4% | +11.7% | +10.8% | +11.3% | +13.5% | +13.7% |
| Profit before tax | 1,491 | 1,441 | 1,410 | 1,215 | 5,720 | 1,018 | 1,035 |
| Net profit | 1,090 | 1,033 | 1,021 | 869 | 852 | 758 | 843 |
| Net profit margin | +6.3% | +6.2% | +6.4% | +6.0% | +6.9% | +7.6% | +8.6% |
| EPS (₹) | 13.07 | 12.67 | 12.39 | 10.63 | 55.11 | 8.92 | 9.71 |
| Balance sheet | |||||||
| Total assets | 15,139 | 14,917 | 13,617 | 11,559 | 10,954 | 7,243 | 6,397 |
| Net worth | 14,674 | 14,442 | 13,137 | 11,210 | 10,598 | 6,894 | 6,296 |
| Total debt | 375 | 386 | 396 | 278 | 290 | 286 | 28.00 |
| Cash & bank | 169 | 116 | 223 | 74.48 | 161 | 91.35 | 155 |
| Net working capital | 1,274 | 1,881 | 1,802 | 2,040 | 1,625 | 1,204 | 1,577 |
| Cash flow | |||||||
| Cash from operations | 2,231 | 1,298 | 1,997 | 848 | 20.45 | 1,413 | 914 |
| Cash from investing | (1,963) | (1,180) | (1,617) | (888) | 275 | (1,277) | (325) |
| Cash from financing | (215) | (224) | (230) | (46.08) | (225) | (199) | (509) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,305 | 4,551 | 4,030 | 4,178 | 4,510 | 4,159 | 3,849 | 4,267 |
| Revenue growth (YoY) | +17.6% | +9.4% | +4.7% | -2.1% | +4.6% | - | - | - |
| Other income | 14.04 | 14.19 | 18.29 | 42.43 | 18.16 | 16.05 | 13.15 | 52.81 |
| Total expenses | 4,650 | 4,021 | 3,569 | 3,784 | 3,962 | 3,693 | 3,400 | 3,784 |
| EBITDA | 655 | 530 | 461 | 395 | 548 | 467 | 449 | 484 |
| EBITDA margin | +12.4% | +11.7% | +11.4% | +9.4% | +12.2% | +11.2% | +11.7% | +11.3% |
| Depreciation | 118 | 116 | 127 | 131 | 128 | 127 | 124 | 127 |
| Interest | 8.31 | 8.40 | 8.46 | 8.93 | 9.07 | 12.98 | 11.96 | 10.29 |
| Profit before tax | 543 | 420 | 343 | 298 | 430 | 343 | 325 | 399 |
| Tax | 136 | 108 | 85.68 | 76.84 | 109 | 88.39 | 80.32 | 101 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,528 | 4,735 | 4,201 | 4,365 | 4,695 | 4,335 | 4,017 | 4,450 |
| Revenue growth (YoY) | +17.8% | +9.2% | +4.6% | -1.9% | +5.9% | - | - | - |
| Other income | 27.43 | 4.24 | 15.72 | 53.75 | 27.91 | 44.08 | 12.79 | 40.25 |
| EBITDA | 621 | 488 | 442 | 391 | 538 | 428 | 425 | 472 |
| EBITDA margin | +11.2% | +10.3% | +10.5% | +9.0% | +11.5% | +9.9% | +10.6% | +10.6% |
| Depreciation | 142 | 138 | 149 | 152 | 149 | 148 | 145 | 146 |
| Interest | 19.81 | 26.62 | 25.07 | 39.74 | 32.40 | 34.86 | 54.36 | 34.02 |
| Profit before tax | 487 | 327 | 283 | 253 | 385 | 290 | 238 | 332 |
| Tax | 136 | 111 | 88.15 | 79.69 | 110 | 102 | 79.58 | 98.97 |
| Net profit | 351 | 217 | 195 | 174 | 275 | 188 | 158 | 233 |
| EPS (₹) | 4.12 | 2.53 | 2.29 | 2.02 | 3.21 | 2.20 | 1.84 | 2.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 17,995 | 17,238 | 16,770 | 15,078 | 12,789 | 10,359 | 14,471 |
| Revenue growth | +4.4% | +2.8% | +11.2% | +17.9% | +23.5% | -28.4% | - |
| Other income | 101 | 113 | 90.50 | 125 | 3,725 | 132 | 61.88 |
| Total expenses | 16,130 | 15,433 | 14,949 | 13,485 | 11,387 | 8,994 | 13,035 |
| Employee cost | 1,372 | 1,296 | 1,167 | 1,003 | 906 | 817 | 1,119 |
| EBITDA | 1,866 | 1,805 | 1,821 | 1,593 | 1,402 | 1,366 | 1,436 |
| EBITDA margin | +10.4% | +10.5% | +10.9% | +10.6% | +11.0% | +13.2% | +9.9% |
| Depreciation | 589 | 582 | 560 | 502 | 440 | 394 | 418 |
| Interest | 129 | 160 | 120 | 78.70 | 64.36 | 36.52 | 108 |
| Profit before tax | 1,249 | 1,176 | 1,231 | 1,138 | 4,623 | 1,068 | 972 |
| Tax | 389 | 375 | 348 | 315 | 266 | 265 | 209 |
| Net profit | 830 | 769 | 846 | 791 | 4,345 | 810 | 787 |
| Net profit margin | +4.6% | +4.5% | +5.1% | +5.3% | +34.0% | +7.8% | +5.4% |
| EPS (₹) | 10.05 | 9.35 | 10.31 | 9.68 | 51.38 | 9.53 | 9.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 85.00 | 85.00 | 85.00 | 85.00 | 85.00 | 85.00 | 85.00 |
| Reserves & surplus | 13,820 | 13,828 | 12,801 | 11,047 | 10,499 | 7,187 | 6,382 |
| Shareholders' funds (net worth) | 13,905 | 13,913 | 12,886 | 11,132 | 10,584 | 7,272 | 6,467 |
| Minority interest | 26.37 | 20.64 | 15.16 | 9.02 | 40.21 | 46.22 | 46.94 |
| Secured loans | 1,088 | 1,556 | 691 | 274 | 203 | 132 | 64.12 |
| Unsecured loans | 487 | 461 | 431 | 315 | 316 | 377 | 132 |
| Total debt | 1,575 | 2,017 | 1,123 | 588 | 520 | 509 | 196 |
| Total liabilities | 15,641 | 16,136 | 14,190 | 11,881 | 11,220 | 23,610 | 20,955 |
| Assets | |||||||
| Gross block | 8,110 | 7,489 | 6,891 | 6,316 | 5,501 | 5,422 | 4,653 |
| Net block | 4,006 | 3,935 | 3,853 | 3,682 | 3,361 | 3,599 | 3,248 |
| Capital work in progress | 4,198 | 3,643 | 1,352 | 525 | 341 | 431 | 405 |
| Investments | 6,131 | 6,468 | 5,940 | 5,106 | 5,558 | 18,807 | 15,816 |
| Inventories | 4,004 | 4,565 | 3,869 | 3,436 | 2,855 | 2,637 | 2,415 |
| Sundry debtors | 1,575 | 1,686 | 1,382 | 1,230 | 1,098 | 1,076 | 1,061 |
| Cash & bank balances | 258 | 188 | 331 | 140 | 199 | 354 | 342 |
| Loans & advances | 411 | 446 | 411 | 281 | 258 | 684 | 598 |
| Total current assets | 6,247 | 6,886 | 5,993 | 5,088 | 4,410 | 4,751 | 4,415 |
| Total current liabilities | 5,577 | 5,248 | 3,959 | 2,876 | 2,682 | 4,723 | 3,165 |
| Net working capital | 670 | 1,638 | 2,034 | 2,212 | 1,728 | 27.82 | 1,249 |
| Total assets | 15,641 | 16,136 | 14,190 | 11,881 | 11,220 | 23,610 | 20,955 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 181 | 323 | 132 | 189 | 342 | 331 | 341 |
| Net cash from operating activities | 2,413 | 1,273 | 1,533 | 768 | 61.25 | 2,263 | 1,619 |
| Net cash from investing activities | (1,551) | (1,934) | (1,458) | (799) | 66.33 | (2,082) | (1,097) |
| Net cash from financing activities | (805) | 515 | 108 | (30.10) | (172) | (170) | (532) |
| Net change in cash | 57.45 | (146) | 183 | (60.68) | (44.74) | 10.96 | (9.47) |
| Closing cash | 258 | 188 | 331 | 140 | 199 | 354 | 342 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +4.4% | +2.8% | +11.2% | +17.9% | +23.5% | -28.4% | - |
| EBITDA growth | +3.4% | -0.9% | +14.3% | +13.6% | +2.7% | -4.9% | - |
| PBT growth | +6.2% | -4.5% | +8.2% | -75.4% | +333.0% | +9.9% | -22.2% |
| Net income growth | +8.0% | -9.1% | +7.0% | -81.8% | +436.4% | +3.0% | - |
| Revenue CAGR (3Y) | +6.1% | +10.5% | +17.4% | +1.4% | -4.6% | -6.8% | +9.0% |
| EBITDA CAGR (3Y) | +5.4% | +8.8% | +10.1% | +3.5% | -3.5% | +0.1% | +1.5% |
| Profitability & leverage | |||||||
| Net income margin | +4.8% | +4.6% | +5.3% | +5.5% | +34.1% | +7.8% | +5.3% |
| Return on capital employed | +8.7% | +8.8% | +10.4% | +10.6% | +5.7% | +4.9% | +5.4% |
| Return on net worth | +6.2% | +6.0% | +7.4% | +7.6% | +48.6% | +11.7% | +12.1% |
| Debt / equity | 0.13 | 0.12 | 0.08 | 0.05 | 0.06 | 0.05 | 0.02 |
| Long-term debt / equity | 0.10 | 0.08 | 0.05 | 0.04 | 0.05 | 0.04 | 0.01 |
| Interest cover | 10.13 | 13.06 | 9.53 | 7.21 | 6.68 | 3.76 | 10.63 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.31 | 2.40 | 2.54 | 2.55 | 2.34 | 2.06 | 3.32 |
| Inventory turnover | 4.20 | 4.09 | 4.59 | 4.79 | 4.66 | 4.10 | 6.46 |
| Debtors turnover | 11.04 | 11.23 | 12.84 | 12.96 | 11.77 | 9.70 | 12.55 |
| EPS (₹) | 10.05 | 9.35 | 10.31 | 9.68 | 51.38 | 9.53 | 9.14 |
| Dividend per share (₹) | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 4.10 |
| Book value per share (₹) | 163.59 | 163.69 | 151.60 | 130.97 | 124.51 | 85.56 | 76.09 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,305 | 4,551 | 4,030 | 4,178 | 4,510 | 4,159 | 3,849 | 4,267 |
| Revenue growth (YoY) | +17.6% | +9.4% | +4.7% | -2.1% | +4.6% | - | - | - |
| Other income | 14.04 | 14.19 | 18.29 | 42.43 | 18.16 | 16.05 | 13.15 | 52.81 |
| Total expenses | 4,650 | 4,021 | 3,569 | 3,784 | 3,962 | 3,693 | 3,400 | 3,784 |
| EBITDA | 655 | 530 | 461 | 395 | 548 | 467 | 449 | 484 |
| EBITDA margin | +12.4% | +11.7% | +11.4% | +9.4% | +12.2% | +11.2% | +11.7% | +11.3% |
| Depreciation | 118 | 116 | 127 | 131 | 128 | 127 | 124 | 127 |
| Interest | 8.31 | 8.40 | 8.46 | 8.93 | 9.07 | 12.98 | 11.96 | 10.29 |
| Profit before tax | 543 | 420 | 343 | 298 | 430 | 343 | 325 | 399 |
| Tax | 136 | 108 | 85.68 | 76.84 | 109 | 88.39 | 80.32 | 101 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 17,269 | 16,588 | 16,029 | 14,592 | 12,410 | 10,041 | 9,857 |
| Revenue growth | +4.1% | +3.5% | +9.9% | +17.6% | +23.6% | +1.9% | - |
| Other income | 93.07 | 96.16 | 84.54 | 132 | 4,774 | 65.44 | 63.94 |
| Total expenses | 15,334 | 14,694 | 14,157 | 13,023 | 11,011 | 8,684 | 8,512 |
| Employee cost | 1,081 | 1,056 | 983 | 872 | 802 | 722 | 666 |
| EBITDA | 1,935 | 1,894 | 1,872 | 1,569 | 1,399 | 1,357 | 1,345 |
| EBITDA margin | +11.2% | +11.4% | +11.7% | +10.8% | +11.3% | +13.5% | +13.7% |
| Depreciation | 501 | 504 | 497 | 456 | 413 | 379 | 363 |
| Interest | 36.01 | 44.96 | 49.71 | 30.42 | 40.33 | 24.79 | 11.07 |
| Profit before tax | 1,491 | 1,441 | 1,410 | 1,215 | 5,720 | 1,018 | 1,035 |
| Tax | 380 | 365 | 357 | 311 | 1,036 | 260 | 210 |
| Net profit | 1,090 | 1,033 | 1,021 | 869 | 852 | 758 | 843 |
| Net profit margin | +6.3% | +6.2% | +6.4% | +6.0% | +6.9% | +7.6% | +8.6% |
| EPS (₹) | 13.07 | 12.67 | 12.39 | 10.63 | 55.11 | 8.92 | 9.71 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 85.00 | 85.00 | 85.00 | 85.00 | 85.00 | 85.00 | 85.00 |
| Reserves & surplus | 14,589 | 14,357 | 13,052 | 11,125 | 10,513 | 6,809 | 6,211 |
| Shareholders' funds (net worth) | 14,674 | 14,442 | 13,137 | 11,210 | 10,598 | 6,894 | 6,296 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 7.06 | 0.00 | 0.00 |
| Unsecured loans | 375 | 386 | 396 | 278 | 283 | 286 | 28.00 |
| Total debt | 375 | 386 | 396 | 278 | 290 | 286 | 28.00 |
| Total liabilities | 15,139 | 14,917 | 13,617 | 11,559 | 10,954 | 7,243 | 6,397 |
| Assets | |||||||
| Gross block | 6,604 | 6,245 | 5,800 | 5,347 | 4,860 | 4,309 | 3,637 |
| Net block | 2,771 | 2,876 | 2,865 | 2,850 | 2,808 | 2,672 | 2,374 |
| Capital work in progress | 162 | 138 | 202 | 101 | 312 | 201 | 297 |
| Investments | 10,734 | 9,972 | 8,621 | 6,341 | 6,036 | 3,059 | 2,071 |
| Inventories | 3,492 | 3,827 | 3,249 | 2,989 | 2,465 | 2,346 | 2,192 |
| Sundry debtors | 1,460 | 1,577 | 1,264 | 1,274 | 1,194 | 887 | 815 |
| Cash & bank balances | 169 | 116 | 223 | 74.48 | 161 | 91.35 | 155 |
| Loans & advances | 270 | 253 | 314 | 194 | 214 | 187 | 159 |
| Total current assets | 5,392 | 5,773 | 5,051 | 4,532 | 4,035 | 3,512 | 3,321 |
| Total current liabilities | 4,118 | 3,892 | 3,249 | 2,492 | 2,409 | 2,309 | 1,744 |
| Net working capital | 1,274 | 1,881 | 1,802 | 2,040 | 1,625 | 1,204 | 1,577 |
| Total assets | 15,139 | 14,917 | 13,617 | 11,559 | 10,954 | 7,243 | 6,397 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 111 | 217 | 68.12 | 154 | 82.74 | 145 | 64.70 |
| Net cash from operating activities | 2,231 | 1,298 | 1,997 | 848 | 20.45 | 1,413 | 914 |
| Net cash from investing activities | (1,963) | (1,180) | (1,617) | (888) | 275 | (1,277) | (325) |
| Net cash from financing activities | (215) | (224) | (230) | (46.08) | (225) | (199) | (509) |
| Net change in cash | 53.35 | (106) | 149 | (85.50) | 70.88 | (62.33) | 80.17 |
| Closing cash | 169 | 116 | 223 | 74.48 | 161 | 91.35 | 155 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +4.1% | +3.5% | +9.9% | +17.6% | +23.6% | +1.9% | - |
| EBITDA growth | +2.2% | +1.2% | +19.4% | +12.1% | +3.1% | +0.9% | - |
| PBT growth | +3.4% | +2.2% | +16.0% | -78.8% | +461.9% | -1.7% | -16.4% |
| Net income growth | +5.5% | +1.1% | +17.5% | +2.0% | +12.4% | -10.0% | - |
| Revenue CAGR (3Y) | +5.8% | +10.2% | +16.9% | +14.0% | +5.4% | +3.0% | +9.1% |
| EBITDA CAGR (3Y) | +7.2% | +10.6% | +11.3% | +5.3% | -0.3% | +4.2% | +7.5% |
| Profitability & leverage | |||||||
| Net income margin | +6.4% | +6.5% | +6.6% | +6.2% | +37.8% | +7.6% | +8.4% |
| Return on capital employed | +10.2% | +10.4% | +11.6% | +11.1% | +11.5% | +15.3% | +16.8% |
| Return on net worth | +7.6% | +7.8% | +8.7% | +8.3% | +9.7% | +11.5% | +13.4% |
| Debt / equity | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.00 |
| Long-term debt / equity | 0.03 | 0.03 | 0.03 | 0.02 | 0.03 | 0.02 | 0.00 |
| Interest cover | 2.51 | 3.23 | 3.62 | 2.73 | 4.09 | 2.54 | 1.13 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.69 | 2.75 | 2.88 | 2.86 | 2.71 | 2.53 | 2.88 |
| Inventory turnover | 4.72 | 4.69 | 5.14 | 5.35 | 5.16 | 4.42 | 4.93 |
| Debtors turnover | 11.37 | 11.68 | 12.63 | 11.82 | 11.92 | 11.79 | 10.40 |
| EPS (₹) | 13.07 | 12.67 | 12.39 | 10.63 | 55.11 | 8.92 | 9.71 |
| Dividend per share (₹) | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 4.10 |
| Book value per share (₹) | 172.63 | 169.91 | 154.56 | 131.88 | 124.68 | 81.10 | 74.07 |
To see the full year-wise statements and ratios of Exide Industries Limited, buy the company report.
Board of directors of Exide Industries Limited
Exide Industries has 9 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avik Kumar Roy | Managing Director | 01 May 2021 | 5 Years 5 Months | Current |
| Sridhar Gorthi Also directs: Snark Capital Advisors LLP, Kshna Capital Advisors LLP, Piramal Pharma Limited and 3 more | Director | 29 Jul 2022 | 4 Years 2 Months | Current |
| Rajan Beharilal Raheja Also directs: Supreme Petrochem Limited, Prism Johnson Limited, Exide Energy Solutions Limited and 5 more | Director | 12 Dec 1991 | 34 Years 10 Months | Current |
| Surin Kapadia Also directs: Exide Energy Solutions Limited, Thiante Consultancy Services LLP, Viems Agencies LLP and 5 more | Director | 25 Oct 2017 | 9 Years 0 Months | Current |
| Rajeev Khandelwal | Whole-Time Director | 01 Sep 2025 | 1 Years 1 Months | Current |
| Pravin Ramchandra Saraf Also directs: Exide Energy Solutions Limited | Whole-Time Director | 01 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Exide Industries Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Padget Electronics Private Limited | ₹27,964 Cr (FY 2025) | 187.0% | Noida, Uttar Pradesh, India | |||
| Polycab India Limited | ₹22,616 Cr (FY 2025) | 24.0% | Panchamahal, Gujarat, India | |||
| Havells India Limited | ₹22,081 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Exide Industries Limitedthis company | ₹17,995 Cr (FY 2026) | ₹830.4 Cr | 4.6% | 4.4% | 4,795 | Kolkata, West Bengal, India |
| Crompton Greaves Consumer Electricals Limited | ₹7,932.38 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Exide Industries Limited, buy the company report.
Auditor
Exide Industries Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 46.00%, foreign institutional investors hold 10.60%, domestic institutional investors hold 19.30% and retail and other public shareholders hold 24.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 46.00% | 46.00% | 46.00% | 46.00% |
| Public | 54.00% | 54.00% | 54.00% | 54.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2022 | 100575204 | Others | ₹130 Cr | Open | |
| 29 Jul 2021 | 100469600 | Others | ₹150 Cr | Open | |
| 31 Oct 2014 | 10532938 | State Bank of India | ₹110 Cr | Open | |
| 21 Feb 2014 | 10484072 | Axis Bank Limited | ₹130 Cr | Open | |
| 20 Dec 2013 | 10476484 | Yes Bank Limited | ₹25 Cr | Open |
To see the full charge records of Exide Industries Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Exide Industries Limited has 21 deals on record (17 market trades, 2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹689.5 Cr; the latest was in June 2024.
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Market trade | ₹269.24 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Apr 2024 | Market trade | ₹207.28 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Apr 2024 | Market trade | ₹187.17 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2024 | Market trade | ₹28.46 Cr | Buyer: The Jupiter Global Fund-Jupiter India Select Seller: Jupiter South Asia Investment Company Limited |
| Mar 2010 | Funding round | ₹539.5 Cr | Investors: Others - Exide Industries Limited, Merrill Lynich Capital Markets Espana SASV, HSBC Global Investment Funds A/c HSBC Global Investment Funds Mauritius Limited |
To see the full deal history of Exide Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Exide Industries Limited has 868 court cases on record: 571 filed by Exide Industries, 297 filed against it. 183 cases are pending and 685 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 476 | 138 | 58 |
| District courts | 342 | 140 | 111 |
| Supreme Court | 45 | 18 | 14 |
| NCLT | 3 | 1 | 0 |
| NCLAT | 2 | 0 | 0 |
Cases on record (5 of 868)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2701-Intellectual Property Rights Law and Information Technology : Copyright, patent, trade mark, design, passing off) | Filed against the company by Amara Raja Energy Mobility Ltd | Disposed |
| Supreme Court | Court case (2901-Labour and Industrial Laws : Appointment, retrenchment, termination, dismissal, removal, disciplinary proceedings against labour/workmen) | Filed against the company by an individual | Disposed |
| District court, Khurda, Odisha | Commercial suit | Filed against the company by Sa Infosys Pvt Ltd Representedabhishek Poddar and Another | Pending |
| Calcutta High Court | Court case (CO) | Filed against the company by Dalhousie Holdings Limited | Pending |
| Calcutta High Court | Court case (CO) | Filed by the company against Dalhousie Holdings Limited and Ors | Pending |
To see the full case history of Exide Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Exide Industries Limited was last rated by Icra on 30 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Jun 2021 |
To see the full credit ratings and regulatory alerts of Exide Industries Limited, buy the company report.
MSME payment delays
Exide Industries Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 402 overdue payments to 123 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 123)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Gator Systems Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Paras Compressors |
To see the full MSME payment records of Exide Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Exide Industries has 4 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Exide Energy Solutions Limited | U31100WB2022PLC252459 | |
| Chloride International Limited | U31402WB1947PLC014918 | |
| Chloride Metals Limited | U34300WB1998PLC181003 | |
| Exide Energy Private Limited | U74999GJ2018PTC104468 |
To see the full group structure of Exide Industries Limited, buy the company report.
Employees & EPFO
Exide Industries Limited has a workforce of 4,795 employees on its EPFO records as of Apr 08, 2024, across 12 active EPFO establishments.
GST
Exide Industries has 32 GST registrations: 18 active and 14 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACE6641E2ZR | West Bengal | Active | 05 Sep 2017 |
| 06AAACE6641E1ZZ | Haryana | Active | 01 Jul 2017 |
| 07AAACE6641E1ZX | Delhi | Active | 01 Jul 2017 |
| 08AAACE6641E1ZV | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Exide Industries Limited, buy the company report.
Recent activity
Exide Industries Limited has 58 board changes on record since 1976: 34 appointments and 24 cessations. The latest: Pravin Ramchandra Saraf was appointed as Whole-Time Director on 01 Sep 2025.
108 earlier events are in the company report.
News
Frequently asked questions
Exide Industries is an active public limited company based in Kolkata, West Bengal, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 31 January 1947 (79+ years old) and is registered under CIN L31402WB1947PLC014919. Listed on BSE: 500086 and NSE: EXIDEIND.
Exide Industries reported revenue of ₹17,995 Cr for FY 2025-26 (up 4.4% YoY) based on consolidated financials.
Exide Industries has 9 current directors:
- Avik Kumar Roy - Managing Director
- Rajeev Khandelwal - Whole-Time Director
- Pravin Ramchandra Saraf - Whole-Time Director
- Manoj Kumar Agarwal - Whole-Time Director
- Sridhar Gorthi - Director
- Rajan Beharilal Raheja - Director
- Surin Kapadia - Director
- Radhika Govind Rajan - Director
- Jaidit Singh Brar - Director
The latest financial statements of Exide Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Exide Industries is 19AAACE6641E2ZR, registered in West Bengal. The company has 32 GST registrations in all, of which 18 are active and 14 are cancelled or inactive. Other active GSTINs include 06AAACE6641E1ZZ (Haryana), 07AAACE6641E1ZX (Delhi), 08AAACE6641E1ZV (Rajasthan).
The CIN (Corporate Identification Number) of Exide Industries is L31402WB1947PLC014919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Exide Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 500086) and NSE (symbol: EXIDEIND).
Exide Industries has 868 court cases on record: 571 filed by the company and 297 filed against it. 183 are pending. Most are in the high courts.
Exide Industries was incorporated on 31 January 1947, making it 79+ years old. It is registered with the Registrar of Companies, Kolkata.
Exide Industries has 21 deals on record (17 market trades, 2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹689.5 Cr; the latest was in June 2024.
The peers of Exide Industries by revenue are Padget Electronics Private Limited, Polycab India Limited, Havells India Limited, Crompton Greaves Consumer Electricals Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Pravin Ramchandra Saraf was appointed as Whole-Time Director on 01 Sep 2025. Rajeev Khandelwal was appointed as Whole-Time Director on 01 Sep 2025. Asish Kumar Mukherjee ceased to be CFO on 01 May 2025. Exide Industries has 58 board changes on record in total.