Amara Raja Energy & Mobility Ltd · NSE:ARE&M
Amara Raja Energy & Mobility — Q4 FY2025 Earnings Presentation
57 slides from Amara Raja Energy & Mobility's earnings presentation, May 29, 2025
Slide 1: Regulation 30 intimation letter to stock exchanges
May 29, 2025 National Stock Exchange of India Limited BSE Limited Listing Compliance Department Corporate Relations Department “Exchange Plaza” Phiroze Jeejeebhoy Towers Bandra – Kurla Complex Dalal Street, Fort Bandra East, Mumbai – 400 051 Mumbai – 400 001 NSE Symbol: ARE&M BSE SCRIP CODE: 500008
Slide 2: Investor Presentation May 2025
A m a r a R a j a E n e rg y & M o b i l i t y L i m i t e d (formerly Known as Amara Raja Batteries Limited) I N V E S TO R P R E S E N TAT I O N May 2025
Slide 3: Snapshot
Snapshot BUSINESS OPERATIONS FINANCIALS 12 Manufacturing Facilities(including Market Cap ~ INR 184 Bn+(As on 4 decades of experience 2 plastic units and 2 New Energy Mar 31, 2025 Plants) 65+ Million units annualized Leading Automotive Battery Brand Minimal debt in the books Capacity for Automotive b
Slide 4: Overview
Overview ▪ Amara Raja Energy & Mobility Limited, (ARE&M), formerly known as Amara Raja CONSOLIDATED INCOME (INR Mn) & EBITDA MARGIN(%) Batteries Limited, is one of the largest manufacturers of lead-acid batteries in 1,40,000 13.8% 14.2% 16.0% 1,20,000 12.6% 14.0% India. 1,28,463 12.0% 1,00,000 1,17,
Slide 5: Q4 / FY25 Financial Highlights
Q4 / FY25 F I NA N C I A L H I G H L I G H T S
Slide 6: Q4 FY25/FY25 Key Financial Highlights
Q4 FY25/FY25 Key Financial Highlights Q4-FY25 FINANCIAL FY25 FINANCIAL PERFORMANCE-CONSOLIDATED PERFORMANCE - CONSOLIDATED REVENUE FROM EBITDA EBITDA MARGIN REVENUE FROM EBITDA EBITDA MARGIN OPERATIONS OPERATIONS INR 30,601 Mn INR 3,409 Mn 11.1% INR 128,463 Mn INR 16,165 Mn 12.6% PAT PAT MARGIN DILU
Slide 7: Q4/FY25 Segment Highlights - Consolidated
Q4/FY25 Segment Highlights - Consolidated Q4-FY25 LEAD ACID BATT. REVENUES (INR Mn) OTHER BUSINESS REVENUES (INR Mn) 31,548 1,571 27,915 29,030 1,164 1,177 GEOGRAPHICAL REVENUE SPLIT (INR Mn) 1,12,501 1,02,367 Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY24 Q3 FY25 Q4 FY25 FY25 14,717 15,962 LEAD ACID BATT. REVENUE
Slide 8: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance PARTICULARS (INR Mn) Q4-FY25 Q4-FY24 Y-O-Y Q3-FY25 Q-O-Q Operational Revenue 30,601 29,079 5.2% 32,725 (6.5%) Total Expenses 27,192 24,975 8.9% 28,667 (5.1%) EBITDA 3,409 4,104 (16.9%) 4,058 (16.0%) EBITDA Margin (%) 11.1% 14.1% ( 297) bps 12.4% (126) bps
Slide 9: Consolidated Financial Performance
C o n s o l i d a t e d F i n a n c i a l Pe r f o r m a n c e PARTICULARS (INR Mn) FY25 FY24* Y-O-Y Operational Revenue 1,28,463 1,17,084 9.7% Total Expenses 1,12,299 1,00,499 11.7% EBITDA 16,165 16,585 (2.5%) EBITDA Margin (%) 12.6% 14.2% ( 158) bps Other Income 1,156 1,104 4.7% Depreciation 5,257
Slide 10: Operational Highlights (LAB) – Q4/FY25
Operational Highlights (LAB) – Q4/FY25 Automotive ➢ After market – Healthy late single–digit volume growth in 4W segment & consistent doubt digit growth in 2W segment on Y-O-Y basis ➢ OEM - 2W and 3W segment registered robust growth during Q4 reflecting industry growth momentum ➢ Other Applications-
Slide 11: Capex Project Update- Lead Acid Battery
Capex Project Update- Lead Acid Battery Battery Recyling Plant at Cheyyar- TN Tubular Battery Plant at ARGC- Chittoor • 1.5 Lac MTPA (Phase I and Phase II) State-of-the-art Advanced Green field • 1.5 Mn+ Battery/ Annum Advanced Tubular Manufacturing plant Lead Acid Battery Recycling plant • Plant Re
Slide 12: Operational Highlights (NEB) – Q4/FY25
Operational Highlights (NEB) – Q4/FY25 Business Performance Mobility ➢ Uptick in EV charger volumes post completion of Localization of Portable EV chargers for 2W and 3W electric Vehicles ➢ Muted Revenue growth in EV battery packs due to lower OEM offtake ➢ Focused approach to onboard new customers
Slide 13: Capex Project Update- New Energy Business
Capex Project Update- New Energy Business Customer Qualification Plant- Divitipally Giga-Cell Factory- Divitipally E-Hub, Hyderabad • Foundation stone laid on August 10, 2024 • Foundation stone laid on March 2, 2025 • Expected to commence operation in Q2/Q3-FY2026 • Operations expected to commence f
Slide 14: Business Overview
aN ())) AMARA RAJA BUSINESS OVERVIEW
Slide 15: Overview of business & Subsidiaries
Overview of business & Subsidiaries Lead Acid Business ARE&M: o One of the largest manufacturers of lead-acid batteries in India o Catering to both automotive & industrial applications ARCSPL: Amara Raja Energy o Incorporated in 2022 to promote circular economy & Mobility Limited o Eventual capacity
Slide 16: Operations At A Glance
Operations At A Glance LEAD ACID BATTERIES AUTOMOTIVE | INDUSTRIAL Lead Recycling plant • Li Cell and Pack Manufacturing AUTOMOTIVE • EV Charging Products • Applications – 2W, 3W, 4W & CV’s • Energy Storage Solutions • First AGM battery manufacturer for 2W • Developed India’s First 21700 Cylindrical
Slide 17: ARE&M : Journey So Far
ARE&M : Journey So Far • Inauguration of 2nd • ARE&M introduces VRLA technology in India battery pack plant in new • Launched VRLA batteries in Indian Railways for energy business rolling stack application • Goes public • PowerZone Brand launched • 2nd automotive battery plant • ARE&M launched 2 Whe
Slide 18: Marquee OEM Clientele
Marquee OEM Clientele Lead Acid Business- LAB New Energy Business- NEB* Automotive Industrial Mobility & Stationery Airtel EicherLogo *New Energy Business- Other than Lead acid batteries(including lithium-ion batteries) 17
Slide 19: State Of Art Manufacturing Facilities- LAB
State Of Art Manufacturing Facilities- LAB KARAKAMBADI PLANTS AMARA RAJA GROWTH CORRIDOR 4W Battery Two 4W Plants & one 2W Plant LVRLA Battery MVRLA Battery 2W Battery Tubular Plant Plastic Component Plant Plastic Component Plant 2 Plastic component plants are towards captive consumption 18
Slide 20: Manufacturing Capacities - LAB
Manufacturing Capacities - LAB Capacities- Prior to Throughput efforts Capacities- Post Throughput efforts Institutionalised Amara Raja Operating System (AROS) Industrial Structured approach to unlock the value potential by optimising existing processes Industrial 3.1 Bn Ah 3.2 Bn Ah Throughput Enha
Slide 21: State Of Art Manufacturing Facilities - NEB
State Of Art Manufacturing Facilities - NEB Pack Assembly Plant- Stationery- Tirupathi Pack Assembly Plant- Mobility- Divitipally Capacity ~ 1 GWh Capacity ~ 1.5 GWh Products across EV & Stationary space Telecom battery 3W Battery 2W Battery 20
Slide 22: Awards And Customer Recognitions
Awards And Customer Recognitions Overall Excellence Award from BOSCH India Limited Excellence in customer delight- in QCDM parameters AGM First time supplies shield from Hyundai from Hyundai Quality Award for Outstanding Commitment to Quality & Excellence at the Best mould maintenance practices from
Slide 23: Lead Acid Batteries
aN ())) AMARA RAJA Lead Acid Batteries
Slide 24: Lead Acid Battery - Industry Outlook
Lead Acid Battery - Industry Outlook INDIAN LEAD-ACID BATTERY MARKET (USD Bn) ❑ India’s Lead acid battery market is projected to reach USD 5.8 billion by FY2030 5.8 ❑ Global Lead acid battery market is projected to reach USD 61.2 billion by FY2030 4.6 ❑ Asia- Pacific is the largest & fastest growing
Slide 25: Automotive- Multifold Applications With Strong Brand Recall
Automotive- Multifold Applications With Strong Brand Recall Products for multiple applications Strong Brand Recall Automotive 4-W 3-W 2-W Farm Bus E-Rick Vehicles • Caters to both domestic and international Markets • Zero Maintenance, Extended Warranty, High Cranking Power, and Enhanced Safety • Pio
Slide 26: Growth Drivers For Automotive Segment
Growth Drivers For Automotive Segment Growing Demand: ▪ Rise in middle class income, gender diversity and young population resulting in growing demand for PV ▪ Commercial Vehicle may increase due to high level of activity in infrastructure Policy Support to the sector ▪ Initiatives like Make in Indi
Slide 27: Automotive- Domestic Distribution Network
Automotive- Domestic Distribution Network Increasing the presence through Amaron franchise network DISTRIBUTION POINTS JAM ZRK HAR BRANCHES DISTRIBUTION POINTS RUD GUR DEL GZB LKN SIL JAI PAT GAU 23 40 VAR MAND RAN AMD IND JAB PITH JMD KOL RAI NAG BHU BWD POINTS OF SALE DIRECT PARTNERS NSK AUR PUNE
Slide 28: Automotive- Domestic Distribution Network
Automotive- Domestic Distribution Network Digital initiatives to enhance the experience for esteemed partners Go Paperless with new AMARON KONNECT APP Lubes Digital Warranty Quick & seamless REWARDS FOR LUBES PARTNERS : • Improving market outreach in lubes business card • Improving trust and relatio
Slide 29: Enhancing product portfolio with range of new products
Enhancing product portfolio with range of new products… New Range of Lubricants in domestic business Expanding Automotive range Internationally Automotive Lubricants Industrial Lubricants A new range of lubricants to cater to both automotive Advanced batteries for Marine, Trucks, and Lawn Movers and
Slide 30: Automotive- Reaching Out To International Markets
Automotive- Reaching Out To International Markets Enhancing brand image and strengthening global supply chain Initiatives and Expo Participation in international markets Dubai Automechanika & Dubai Boat Show Product Training Auto Show at Manila 29
Slide 31: Growing Automotive Footprint
Growing Automotive Footprint Presence in Establish Presence in ~13% Leading brand in APAC and 60+ 80+ Of ARE&M Sales is from MEA countries Countries by FY’30 International Business 397 A UK RUSSIA A Poland Netherlands A A Italy UNITED STATES A Greece A A MOROCCO A LEBANON A A IRAQ A KUWAIT A BAHRAIN
Slide 32: Lead Acid Batteries – Industrial
Lead Acid Batteries – Industrial Products across verticals ❑ Pioneers in Valve Regulated Lead-Acid(VRLA) batteries in India Telecom UPS ❑ UPS and telecom contribute a dominating share of revenue ❑ Market leader in Telecommunication batteries in domestic market Railways Solar Exports ❑ First and only
Slide 33: Growth Drivers For Industrial Segment
Growth Drivers For Industrial Segment UPS ▪ Witnessing steady growth in Data Centers on account of digitization and rising demands for data localization in India. ▪ The Growth in Industrial UPS market in India was led by growth in manufacturing sector and overall economic progress ▪ Growth expected
Slide 34: New Energy Business
aN ())) AMARA RAJA New Energy Business
Slide 35: Lithium-Ion Batteries - Industry Outlook
Lithium-Ion Batteries - Industry Outlook Mobility outlook- EV Projected LiB Demand in India (GWh) • Strong thrust on Electrification, the demand for LiB is expected to be 100 to 110 GWh by 2030. 100-110 • Envisaged EV penetration by FY30 35-40% 60-65% ~10 10-15% 7-10% 2025 2030E • EV Transition is m
Slide 36: New Energy Business
New Energy Business PRODUCT PORTFOLIO PAVING THE WAY FOR THE FUTURE Battery Packs Chargers • Amara Raja Advanced Cell Technologies (ARACT) was incorporated to focus on developing advanced cell chemistries , battery packs and chargers 3-W 2-W Portable • Lithium Battery packs currently being supplied
Slide 37: Long term growth drivers - for Lithium-Ion Battery market Segment
Long term growth drivers - for Lithium-Ion Battery market Segment Policy push ▪ PLI ACC scheme announced to encourage domestic production of cells ▪ Financial subsidies including manufacturing subsidies valued 50000 cr+ Telecom sector ▪ Advent of 5G leading to growth in telecom towers ▪ Secondary de
Slide 38: New Energy Business going forward
New Energy Business going forward…. Focus on Pack business and build state of art manufacturing facilities…. • Scale pack business by entering into new mobility applications and building Pack Assembly plant: sustainable customer base Tirupathi & Divitipally • Fully operational 1.5 GWh pack capacity
Slide 39: Focus On R&D For Innovative Technologies
Focus On R&D For Innovative Technologies R&D LAB FOR DEVELOPING LI-ION CELLS AND BATTERY PACK ASSEMBLY 1st in INDIA Achieved IATF 16949:2016 & ISO 9001:2015 certification for Li-Ion Batteries Facility will be equipped Development of innovative with advanced clean energy storage laboratories and test
Slide 40: New Energy Business Thought Leadership
New Energy Business Thought Leadership UNIQUE CONCLAVE on Advanced battery Technologies ❑ To foster enriching exchange of ideas among industry leaders, policymakers, energy and mobility experts, manufacturers, and delegates. ❑ It aims to develop a consensus on the way forward in the Battery Storage
Slide 41: Strategic Overview
aN ())) AMARA RAJA STRATEGIC OVERVIEW
Slide 42: Growth Strategy- LAB
Growth Strategy- LAB Existing Auto business- AUTOMOTIVE- DOMESTIC • Focus on market share protection and geographical dispersion of existing brand & channel strength (DRIVE EFFICIENCY) Robust new product pipeline- • Solar, Lithium HUPS, Advanced Home Energy Solutions & Other Ancillaries • Leverage t
Slide 43: Growth Strategy- NEB
Growth Strategy- NEB • Establish E Positive Energy Labs, enhance in-house competency in cell technology TECHNOLOGY • Build strategic technology partnerships • Create best-in-class product portfolio for both EV and ESS • Leveraging ongoing customer relationships and codevelop custom built products CU
Slide 44: ESG
aN ())) AMARA RAJA ESG
Slide 45: Sustainability At Amara Raja
Sustainability At Amara Raja Energy and Carbon • Committed to Net Zero by 2050, net zero plan aligned with SBTi limiting to 1.5 deg increase as per Paris agreement • Reduced intensity of Scope 1&2 emissions by 43% over FY22. • 27.6% Renewable energy share with captive renewable at 66.9 MW Water Mana
Slide 46: Sustainability At Amara Raja
Sustainability At Amara Raja People and Community • Roll out of Amara Raja Sustainability Academy • All Amara Raja Group companies recognized as Best Place to Work awards from the Great Place to Work Institute • Safety by Design in our state-of-the-art manufacturing & maintaining zero fatality statu
Slide 47: Sustainability At Amara Raja
Sustainability At Amara Raja School at Diguvamagham Check Dams Social Forestry Zero Liquid Discharge Units Solar panels (ground mounted) Fume and Dust extraction systems 46
Slide 48: Sustainability At Amara Raja
Sustainability At Amara Raja Recognition for our ESG efforts S&P Global ESG rating Our ranking in Electrical ARE&M HO & ARGC bagged Components & the Gold and Bronze Awards Equipment Sector: respectively for Excellence in Environment, Health and ▪ #1 in India Safety (EHS), CII ▪ #2 in Asia Pacific ▪
Slide 49: Policy Framework – Sustainability
Policy Framework – Sustainability Environment Social Governance Environmental Management Occupational Health & Exposure Control Code of Ethics Circularity Critical safety standards Board Diversity Value Chain Engagement Road safety Anti Bribery & Anti-Corruption 5S Corporate Social Respon
Slide 50: Financial Overview
aN ())) AMARA RAJA FINANCIAL OVERVIEW
Slide 51: Historical Consolidated Income Statement
Historical Consolidated Income Statement PARTICULARS (INR Mn) FY23 FY24 FY25 Operational Revenue 1,03,920 1,17,084 1,28,463 Total Expenses 89,600 1,00,499 1,12,299 EBITDA 14,320 16,585 16,165 EBITDA Margin (%) 13.8% 14.2% 12.6% Other Income 924 1,104 1,156 Depreciation 4,504 4,843 5,257 Finance Cost
Slide 52: Consolidated Balance Sheet
Consolidated Balance Sheet PARTICULARS (INR Mn) FY23 FY24 FY25 PARTICULARS (INR Mn) FY23 FY24 FY25 Assets Equity And Liabilities (1) Non-Current Assets (1) Equity 60,070 67,987 73,891 (A) Property, Plant And Equipment 28,555 29,095 31,164 (A) Equity Share Capital 171 183 183 (B) Right Of Use Asset 3
Slide 53: Consolidated Financial Charts
Consolidated Financial Charts REVENUES (INR Mn) EBITDA (INR Mn) & EBITDA MARGIN (%) PAT (INR Mn) & PAT MARGIN (%) 22,000 20.0% 10,000 8.0% 9.0 1,28,463 9,000 7.0% 1,17,084 18.0% 8.0 14.2% 8,000 7.4% 1,03,920 13.8% 17,000 16.0% 7.0 7,000 12.6% 14.0% 6,000 6.0 12,000 5,000 12.0% 5.0 4,000 10.0% 7,000
Slide 54: Standalone Financial Charts
Standalone Financial Charts EBITDA (INR Mn) & EBITDA MARGIN (%) PAT (INR Mn) & PAT MARGIN (%) REVENUES (INR Mn) 8.0% 22,000 10,000 19.0% 9,000 1,24,049 17,000 17.0% 8,000 7.0% 7.8% 14.4% 7,000 13.8% 13.1% 15.0% 6,000 1,12,603 12,000 5,000 13.0% 4,000 1,03,897 7,000 11.0% 3,000 2,000 9.0% 2,000 14,35
Slide 55: Capital Market Data
Capital Market Data NSE: ARE&M | BSE: 500008 | Bloomberg: AMRJ:IN | Reuters: AMAR.NS / AMAR.BO 1 YEAR STOCK PERFORMANCE 140% 120% 100% 80% 60% 40% 20% 0% -20% Apr-24 May-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Amara Sensex PRICE DATA (AS ON 31st MARCH, 2025) I
Slide 56: Disclaimer
Disclaimer This presentation by Amara Raja Energy and Mobility Limited (including its subsidiaries) is general background information about the Company’s activities at the date of this presentation. Said information is provided in summary form only and does not purport to be complete, does not conta
Slide 57: Thank You
aN ())) AMARA RAJA THANK YOU
Amara Raja Energy & Mobility — Q4 FY2025 Earnings Presentation on 6ix