EXIDEIND

Exide Industries Ltd — Company Overview

Business Summary Exide Industries is India’s leading battery and energy storage company, producing lead-acid batteries for automobiles, industrial power backup, telecom, solar, and UPS systems. Through Exide Energy, it is entering lithium-ion cell manufacturing as well. Strengths Long-standing brand leadership in automotive batteries (OEM + aftermarket). Expanding into lithium-ion gigafactory, supporting EV and energy storage systems. Strong distribution network with 60,000+ channel partners. Growing share in UPS, solar, telecom, and data-center backup solutions. Growth Drivers EV adoption → higher lithium cell demand. Replacement battery cycle remains a stable revenue engine. Government focus on energy storage & green mobility. Risks Competition from Amara Raja, Tata-backed lithium players. Lead price volatility impacting margins. Execution risk in lithium-ion expansion.