Exide lifts Q1 EBITDA margin to 12.4% on price hikes and cost controls
Exide Industries reported a 20-basis-point year-on-year EBITDA-margin expansion in Q1 FY27 after 4%–6% price corrections and tighter costs. The battery maker is also planning to localise 50%–60% of its lithium-ion bill of materials within two to three years amid China supply-policy risks.
Exide lifted Q1 FY27 EBITDA margin to 12.4% through revenue growth, price hikes and cost controls. It expects continued lithium-ion import dependence initially, targets 50-60% component localisation within three years, and is monitoring China supply and export-policy risks.
Why this matters
The margin gain follows Exide’s recent Q1 FY27 updates reporting profit growth of 28% to ₹351 crore on replacement demand and 27% to ₹407 crore on ₹5,305 crore revenue.
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