Exide Industries Q2 FY27 Standalone PAT up 75.1% to Rs. 386 Cr
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 04 Nov 2026, 01:26 PM IST · BSE ID: 0b0f4a57-9a72-478f-b799-eb0b928197f0
View Original BSE Filing (PDF)
💡
In Simple Terms
Exide Industries reported higher profits and revenue for the quarter, while also starting operations at its new battery factory.
🤖 AI Summary
- Standalone Revenue for Q2 FY27 grew 20.3% YoY to Rs. 5,026 Crore.
- Standalone PAT increased 75.1% YoY to Rs. 386 Crore in Q2 FY27.
- EBITDA margin expanded by 270 bps YoY to 12.1% in Q2 FY27.
- 6 GWh lithium-ion cell gigafactory commissioned by Exide Energy Solutions Limited (EESL) in Bengaluru.
- Equity infusion of Rs. 550 Crore into EESL, bringing cumulative investment to Rs. 5,352 Crore.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Revenue Q2 FY27
Rs. 5,026 Cr.
+20.3%
EBITDA Q2 FY27
Rs. 606 Cr.
+53.6%
EBITDA margin Q2 FY27
12.1% In %
+270 bps
PBT Q2 FY27
Rs. 522 Cr.
+75.5%
PAT Q2 FY27
Rs. 386 Cr.
+75.1%
EPS Q2 FY27
4.55 Rs. / share
Revenue H1 FY27
Rs. 10,331 Cr.
+18.9%
PAT H1 FY27
Rs. 794 Cr.
+46.7%
Cumulative Equity Investment in EESL
Rs. 5,352 crores
🏢 How This Affects the Company
The company maintained broad-based growth across key businesses, including Automotive OEM (25%+ YoY), 2W/4W Replacement (double-digit), Home Inverters & Solar (20%+ YoY), and Exports (20%+ YoY). The commissioning of the 6 GWh lithium-ion cell gigafactory establishes a new manufacturing capability in the New Energy business.
Standalone revenue increased by 20.3% YoY to Rs. 5,026 Crore for Q2 FY27, and PAT grew 75.1% YoY to Rs. 386 Crore. EBITDA margin improved by 270 bps to 12.1% for the quarter, reflecting cost optimisation and operating leverage. The cumulative equity investment in EESL reached Rs. 5,352 Crore.
The commissioning of the 6 GWh lithium-ion cell gigafactory in Bengaluru marks a significant operational milestone for the New Energy business. The company also signed a long-term strategic cooperation agreement with ExCom Energy Solutions GmbH to expand its industrial battery and energy storage business in Europe.
Input costs remained elevated YoY due to geopolitical challenges, and a weaker Rupee limited full benefits from softer Lead LME and antimony prices QoQ, indicating ongoing commodity and currency volatility.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported financial performance, including the 75.1% YoY increase in standalone PAT to Rs. 386 Crore and the commissioning of the 6 GWh lithium-ion cell gigafactory.
🔍
Management Signal
Management's focus on sustaining growth momentum, cost optimisation, and strategic expansion into the New Energy business via gigafactory commissioning is evident.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — monitor sustained growth across business segments.
Updates on lithium-ion gigafactory stabilization, yields, and customer qualifications.
Progress on ExCom Energy Solutions GmbH strategic cooperation agreement in Europe.
MEDIUM RISK
Elevated input costs and currency fluctuations present ongoing challenges, impacting margins despite cost optimisation efforts.
💡 Investor Takeaway
Exide Industries reported Q2 FY27 standalone revenue of Rs. 5,026 Crore, up 20.3% YoY, with PAT at Rs. 386 Crore, a 75.1% YoY increase. EBITDA margin expanded to 12.1%. The company completed commissioning of its 6 GWh lithium-ion cell gigafactory in Bengaluru, a significant new energy business milestone.
⚖️ Strengths & Concerns
✅ Positives
- Standalone PAT increased by 75.1% YoY to Rs. 386 Crore in Q2 FY27, demonstrating strong profit growth.
- EBITDA margin expanded by 270 bps YoY to 12.1% in Q2 FY27, driven by cost optimisation and calibrated price increases.
⚠️ Concerns
- Input costs remained elevated YoY due to prolonged geopolitical challenges, impacting overall cost structure.
- Full benefit of softer Lead LME and antimony prices could not be realized QoQ due to a weaker Rupee.
📅 Company Track Record
Exide Industries' previous filing indicated a board meeting to approve Q1 FY27 results on July 30, 2026. This filing reports strong Q2 FY27 performance following a period of sustained growth across key businesses.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Exide Industries' standalone revenue for Q2 FY27?
Exide Industries reported standalone revenue of Rs. 5,026 Crore for Q2 FY27, marking a 20.3% YoY increase from Rs. 4,178 Crore in Q2 FY26.
What was Exide Industries' standalone net profit (PAT) in Q2 FY27?
The standalone PAT for Exide Industries in Q2 FY27 was Rs. 386 Crore, representing a 75.1% YoY growth compared to Rs. 221 Crore in Q2 FY26.
What was the EBITDA margin for Exide Industries in Q2 FY27?
Exide Industries' EBITDA margin for Q2 FY27 was 12.1%, an expansion of 270 basis points YoY from 9.4% in Q2 FY26.
What is the status of Exide Industries' lithium-ion cell gigafactory?
Exide Industries' wholly-owned subsidiary, Exide Energy Solutions Limited (EESL), completed the commissioning of its 6 GWh lithium-ion cell gigafactory in Bengaluru on September 23, 2026.
How much equity has Exide Industries invested in Exide Energy Solutions Limited (EESL) so far?
Exide Industries has infused Rs. 550 Crores of equity into EESL between April 2026 and October 2026, bringing the cumulative equity investment to Rs. 5,352 Crores.
Questions based on this BSE filing only. For information purposes.