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ARE&M Diversified 06 Nov 2025

Amara Raja Energy & Mobility Limited — Q2 FY26

Amara Raja's Q2 FY26 consolidated revenue grew 6.5% YoY to ₹3,467 crore, driven by 30% YoY growth in OEM volumes for lead-acid batteries, while aftermarket remained flat due to...

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Revenue ₹3,467 Cr +6.5%
EBITDA
PAT ₹276 Cr
EBITDA Margin 12%
Duration 45 min
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter2
Delivered0
Missed2

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q1 FY26

Tubular battery plant to reach full capacity in 2-3 months

Commercial production started in July; full capacity of 150,000 batteries per month expected by October 2025.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1
Q1 FY26

Margins expected to improve from Q2 onwards

Driven by normalization of trading mix, resolution of power cost issues, and stabilization of antimony prices.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1