Exide Industries Ltd: Q4FY26 results
Exide Industries Ltd reported revenue of Rs 4,735 cr and net profit of Rs 217 cr for Q4FY26.
Filed 04 May 2026, 13:51 IST · Exide Industries Ltd (EXIDEIND)
Price around the results
What was reported
Exide Industries Ltd reported revenue of Rs 4,735 cr and net profit of Rs 217 cr for Q4FY26. Figures are consolidated.
How it compares
Revenue changed +9.22% from a year earlier. Against the previous quarter revenue changed +12.73%.
How the stock reacted
The stock closed -0.42% on the session after the results.
Q4FY26 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q4FY26 | Q3FY26 | QoQ | YoY |
|---|---|---|---|---|
| Revenue | ₹4,735 cr | ₹4,201 cr | +12.73% | +9.22% |
| Other income | ₹4 cr | ₹5 cr | -26.03% | -91.04% |
| Expenses | ₹4,247 cr | ₹3,748 cr | +13.29% | +8.68% |
| Operating profit | ₹489 cr | ₹452 cr | +8.03% | +14.15% |
| Operating margin (%) | 10.32% | 10.76% | — | — |
| Interest | ₹27 cr | ₹25 cr | +6.18% | -23.64% |
| Depreciation | ₹138 cr | ₹149 cr | -7.33% | -6.27% |
| Profit before tax | ₹327 cr | ₹283 cr | +15.66% | +13.10% |
| Tax | ₹111 cr | ₹88 cr | +25.60% | +8.97% |
| Net profit | ₹217 cr | ₹195 cr | +11.16% | +15.34% |
| EPS (₹) | ₹2.53 | ₹2.29 | +10.48% | +15.00% |
Operating margin of 10.32% compares with a Consumer Discretionary sector median of 14.81% across 93 peers that have reported Q4FY26.
How the stock reacted
| Window | Stock | vs NIFTY |
|---|---|---|
| Results day | -0.42% | -0.92% |
| Next session | +0.17% | — |
| 5 sessions | -2.18% | -1.42% |
| 15 sessions | -3.97% | — |
| 30 sessions | +7.77% | — |
Volume on the results session was 3.20× its 20-day average.
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
Guidance & outlook
- Three-wheeler penetration is expected to rise from about 36% to more than 70% by 2030.
- Two-wheeler penetration is expected to rise from about 9–10% to more than 30% by 2030.
Expansion
- Both cylindrical and prismatic gigafactory lines are leading the validation process.
- The multi-line plant is designed to scale up operations.
New products
- The new energy business includes lithium iron phosphate cells.
- The new energy business includes nickel manganese cobalt cells.
New initiatives
- The company has a technology partnership with a global lithium-ion cell player.
Problems & risks
- EV and stationary lithium-ion applications are largely imported.