Q2 2025 Eveready Industries India Ltd Earnings Call Transcript
Key Points
- Eveready Industries India Ltd (BOM:531508) retained a robust 53% market share in the battery segment, demonstrating ongoing leadership.
- The alkaline battery segment saw an impressive 62% growth in value, indicating a promising trend as consumer preferences shift.
- The company is building a manufacturing facility for alkaline batteries, which will be the only one in the country, aiming to drive gains in quality and cost efficiency.
- Flashlights segment reported a 16% revenue growth during the quarter, driven by innovative product launches.
- The company is focusing on expanding its product lineup and distribution reach, which is expected to spur growth in the lighting business.
- Overall revenue for the quarter was muted at 362.4 Crore compared to 364.9 Crore previously, indicating stagnant growth.
- The rural segment showed weak demand, leading to a modest contraction in the overall battery segment.
- Price erosion in the lighting industry continues to impact the consumer segment, affecting overall top-line growth.
- Manpower costs increased by 12% due to investments in the lighting segment, impacting profitability.
- The company faces challenges in the carbon zinc battery market, which still constitutes a significant portion of domestic demand.
Ladies and gentlemen, good day. And welcome to everyday Industries Limited Q2 FY 25 earnings conference call as a reminder, all partisan lines will be in listen-only mode and there will be an option for you to ask questions after the presentation concludes. Should you need assistance during this conference call? Please signal an operator by pressing star and zero on your touchtone phone.
Please note that this conference is being recorded and I'll hand the conference OSAT. So from CDR India. Thank you and over to you, sir.
Thank you. Good afternoon, everyone and welcome to Industries India's Q2 FY 25 earnings conference call. Today we are joined by senior members of the management team including Mr Sumaho, managing director and Mr Bik Awal, executive director and Chief Financial Officer. We will begin the call by sharing the standard disclaimer. Some of the statements that may be made on today's conference call could be forward-looking in nature and the actual results could vary from these forward-looking
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