Exide Industries (500086) Q1 24/25 earnings summary

Executive summary

• Revenue from operations grew 5.9% year-over-year in Q1FY25, reaching ₹4,313 crore, driven by volume growth across business verticals.

• Profit before tax increased 16.1% year-over-year to ₹374 crore, with net profit after tax at ₹280 crore, up from ₹242 crore in Q1FY24.

• EBITDA rose 14.4% year-over-year to ₹494 crore, with margin improvement to 11.5% from 10.6% in the prior year.

• Both automotive and industrial divisions delivered growth, supported by strong demand and cost optimization.

Financial highlights

• Standalone revenue from operations: ₹4,313 crore (Q1FY25) vs ₹4,073 crore (Q1FY24).

• Standalone EBITDA: ₹494 crore (Q1FY25) vs ₹432 crore (Q1FY24); EBITDA margin at 11.5%.

• Standalone PAT: ₹280 crore (Q1FY25) vs ₹242 crore (Q1FY24); EPS at ₹3.29 vs ₹2.85.

• Consolidated revenue from operations: ₹4,436 crore (Q1FY25) vs ₹4,245 crore (Q1FY24).

• Consolidated PAT: ₹221 crore (Q1FY25) vs ₹224 crore (Q1FY24); EPS at ₹2.59.

Outlook and guidance

• Management expects continued demand growth in both automotive and industrial sectors, with a focus on innovation, digitalization, and cost optimization.

• Rising commodity prices are noted, but the company aims to maintain healthy profitability over the medium term.