EVEREADY INDS. IND. LTD.

Manufactures and sells dry cell batteries, flashlights and lighting products to Indian retail consumers. Per the FY26 BRSR, batteries account for 65% of turnover, lighting 23% and flashlights 12%. Within batteries, carbon zinc is the core range; an alkaline sub-segment is now about 10% of the battery business and growing at over 20% volume CAGR. A new ₹200 crore alkaline battery plant at Jammu was commissioned in April–May 2026, described by management as India's only operating alkaline plant, with first-year production targeted at over 100 million units and peak capacity of 360 million units per year, replacing imported alkaline with domestic production. The company has been expanding into adjacencies such as mosquito racquets and power banks (the latter launched via e-commerce), and exited its older Noida manufacturing base, using roughly ₹251 crore from sale of the two Noida plots to cut debt by over ₹100 crore in FY26. Materials form the biggest cost line at 37% of revenue, with zinc a key input — management flagged steep, sustained zinc cost pressure through H2 FY26 and took pricing actions in both carbon zinc and alkaline to partly offset it. FY26 revenue stood at ₹1,455.39 crore with an EBITDA margin of about 14.8%.