Jammu alkaline plant to start at 25-30% capacity utilization in FY27
The Jammu alkaline battery facility will begin commercial production by end of FY26, targeting 25-30% utilization in the first year, ramping to 40-50% by year two.
EVEREADYINDIA / guidance tracker
Keep management guidance in view.
Eveready Industries India · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
expansion
Alkaline plant to improve margin profile by ~10%
In-house manufacturing of alkaline batteries is expected to improve operating margins by approximately 10% compared to imported alternatives.
NOA land monetization target of ₹250 Cr within 6 months
Board approved divestment of non-core land parcel at NOA with a minimum price of ₹250 Cr, expected to close within the next six months.
Price increases in premium portfolios to offset input cost inflation
Calibrated price increases taken in premium battery portfolios (zinc and alkaline) at end of Q3; full impact expected in Q4 and next fiscal. Further hikes possible if zinc remains elevated.
EBITDA margin to hold around 11.5% in FY27
Management expects to maintain similar EBITDA margins as FY26 (11.5%) despite zinc cost headwinds, supported by pricing and cost controls.
Jammu plant to produce >100M units in first year
The new alkaline battery plant is expected to produce over 100 million units in its first year of operations, with commercial production starting in Q1 FY27.
Alkaline market share target of 20% by FY27 exit
Management targets exiting FY27 with 20% market share in alkaline batteries, up from ~16% currently.
Further debt reduction in FY27 from land sale proceeds
Debt will be reduced further using ~₹250 crore proceeds from Noida land sales, with ~₹95 crore expected in FY27.