Amara Raja Energy & Mobility Ltd · NSE:ARE&M
Amara Raja Energy & Mobility — Q4 FY26 Earnings Presentation
58 slides from Amara Raja Energy & Mobility's earnings presentation, May 25, 2026
Slide 1: Intimation under Regulation 30 – Earnings Presentation
May 25, 2026 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 2026
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 2026
Slide 3: Contents
Investor Presentation Contents 01 Company Snapshot Business model, Operations, and Financials. 02 Q4 & FY26- Financial Highlights Revenue, margins & Key metrics 03 Business Overview Segments, Products, Manufacturing capability A clear walk-through of where we are, what we’ve built, and the 04 Lead A
Slide 4: Snapshot
Snapshot BUSINESS OPERATIONS FINANCIALS Market Cap ~ INR 123 Bn+(As on 4 decades of experience 14 Manufacturing Facilities Mar 31, 2026) ~70 Million units annualized Leading Automotive Battery Brand Minimal debt in the books Capacity for Automotive batteries Market Leader in Telecom and ~2.4 Billion
Slide 5: Overview
Overview Amara Raja Energy & Mobility Limited, (ARE&M), formerly known as Amara Raja CONSOLIDATED INCOME (INR Mn) & EBITDA MARGINS(%) Batteries Limited, is one of the largest manufacturers of lead-acid batteries in 1,60,000 1,38,140 16.0% 1,28,463 India. 1,17,084 1,40,000 14.0% 1,20,000 14.2% 12.0
Slide 6: Q4/FY26 Financial Highlights
Q4/FY26 FINANCIAL HIGHLIGHTS
Slide 7: Q4-FY26 Key Financial highlights - Consolidated
Q4- FY26 Key Financial highlights- Consolidated- INR MN CONSOLIDATED REVENUE REVENUE SPLIT BY SEGMENTS GEOGRAPHICAL REVENUE SPLIT (%) 35,357 40,000 40,000 34,102 11% 30,601 12% 35,000 35,000 8% 3,846 12% 3,996 7% 2,810 30,000 30,000 3,724 25,000 2,364 25,000 20,000 5% 20,000 88% 89% 1,571 92% 88% 30
Slide 8: Q4-FY26/FY26 Key Financial Highlights
Q4-FY26/FY26 Key Financial Highlights Q4-FY26 FINANCIAL FY26 FINANCIAL PERFORMANCE-CONSOLIDATED PERFORMANCE - CONSOLIDATED REVENUE FROM EBITDA EBITDA MARGINS REVENUE FROM EBITDA EBITDA MARGINS OPERATIONS OPERATIONS INR 35,357 Mn INR 3,855 Mn 10.9% INR 1,38,140 Mn INR 14,971 Mn 10.8% PAT PAT MARGINS
Slide 9: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance PARTICULARS (INR Mn) Q4-FY26 Q4-FY25 Y-O-Y Q3-FY26 Q-O-Q Operational Revenue 35,357 30,601 15.5% 34,102 3.7% Total Expenses 31,502 27,192 15.8% 30,364 3.7% EBITDA 3,855 3,409 13.1% 3,738 3.1% EBITDA Margins (%) 10.9% 11.1% (24) Bps 11.0% (6) Bps Other Inc
Slide 10: Annual Consolidated Financial Performance
Annual Consolidated Financial Performance PARTICULARS (INR Mn) FY26 FY25 Y-O-Y Operational Revenue 1,38,140 1,28,463 7.5% Total Expenses 1,23,169 1,12,299 9.7% EBITDA 14,971 16,165 (7.4%) EBITDA Margins (%) 10.8% 12.6% (175) bps Other Income 1,062 1,156 (8.1%) Depreciation 6,072 5,257 15.5% Finance
Slide 11: Operational Highlights – Q4-FY26 / FY26
Operational Highlights – Q4- FY26 / FY26 Lead-Acid Business 4W OEM volumes continue to sustain the double-digit growth Inverter battery sales witnessed robust growth, with majority of sales from in-house manufacturing Domestic aftermarket volumes registered stable growth during the quarter L
Slide 12: Capex Project Update- New Energy Business
Capex Project Update- New Energy Business Customer Qualification Plant- Divitipally Giga-Cell Factory- Divitipally E-Hub, Hyderabad Current Views/Pictures • Commissioning under progress • Phase 1 (2 GWh) to commence in Q2-CY27 • Expected to commence operation in Q2-FY27 • Full scale operation expect
Slide 13: Business Overview
aN ())) AMARA RAJA BUSINESS OVERVIEW
Slide 14: 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 & Mobility Limited o Incorporated in 2022 to promote circular economy o Eventual capacity
Slide 15: 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 16: ARE&M : Journey So Far
ARE&M : Journey So Far • 2nd automotive battery plant Inauguration of 2nd • ARE&M introduces VRLA technology in India • inaugurated battery pack plant in • Launched VRLA batteries in Indian Railways • ARE&M inaugurated Tubular new energy business for rolling stack application battery plant • Goes pu
Slide 17: Marquee OEM Clientele
Marquee OEM Clientele Lead Acid Business- LAB New Energy Business- NEB* Automotive Industrial Mobility & Stationary *New Energy Business- Other than Lead acid batteries(including lithium-ion batteries) 16
Slide 18: State Of Art Manufacturing Facilities- LAB
State Of Art Manufacturing Facilities- LAB KARAKAMBADI PLANTS AMARA RAJA GROWTH CORRIDOR CHEYYAR PLANT 4W Battery Two 4W Plants & one 2W Plant Battery Recycling Plant LVRLA Battery MVRLA Battery 2W Battery Tubular Plant SEGMENTS ANNUALISED CAPACITY LOCATION Automotive ~70 Mn Tirupathi & Chittoor- AP
Slide 19: State Of Art Manufacturing Facilities - NEB
State Of Art Manufacturing Facilities - NEB Pack Assembly Plant- Stationary- Pack Assembly Plant- Mobility- Assembly Plant- AC/DC Chargers- Tirupathi Divitipally Tirupathi Capacity ~ 1.2 GWh Capacity ~ 1.5 GWh Telecom battery 3W Battery 2W Battery 7.4KW Type-1 AC 180KW DC Fast Chargers 18
Slide 20: State of Art Recycling Plant- Lead Acid batteries
State of Art Recycling Plant- Lead Acid batteries Circular Solution Refining Capacities Refinery Capacity : 150,000 MT/annum Ambition to provide Cradle-to-Cradle Current Capacity : 100,000 MT/annum solutions, Recycling Plant located at Cheyyar Eventual Capacity : 150,000 MT/annum 19
Slide 21: Awards And Customer Recognitions
Awards And Customer Recognitions Amara Raja was honoured with Excellence in Amara Raja’s ISBU division won the ESG Amara Raja ranked among top 25 Manufacturing Delivery award by Daimler India pathfinder award in supplier category by Indus Workplaces by Great Place to Work Towers Best Quality Award a
Slide 22: Lead Acid Batteries
aN ())) AMARA RAJA Lead Acid Batteries
Slide 23: Lead Acid Battery - Business Outlook
Lead Acid Battery - Business Outlook INDIAN LEAD-ACID BATTERY MARKET (USD Bn) India’s Lead acid battery market is projected to reach USD 6.2 billion by FY2031 with a CAGR of ~ 4.2% 6.2 Global Lead acid battery market is projected to reach USD 64.2 billion by FY2031 with a 5.0 CAGR of ~ 4.4% As
Slide 24: 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 25: Growth Drivers For Automotive & Home Energy Segment
Growth Drivers For Automotive & Home Energy Segment Growing Demand: Rise in middle class income, gender diversity and young population resulting in growing demand for PV Aftermarket demand for Lead Acid Battery is expected to remain resilient supported by a large vehicle parc Demand from comme
Slide 26: Automotive- Domestic Distribution Network
Automotive- Domestic Distribution Network Increasing the presence through Amaron franchise network Digital initiatives to enhance Customer Experience Go Paperless with new AMARON KONNECT APP JAM DISTRIBUTION POINTS ZRK HAR DEL RUD GUR GZB LKN SIL GAU JAI VAR PAT AMD MAND RAN JMD KOL Digital Warranty
Slide 27: Driving efficiency in Channel Network
Driving efficiency in Channel Network Digital initiatives to enhance the experience for esteemed partners Dealer Collections Solution Program: Bundled payment gateway solution- End-to-End platform for streamlining dealer collections Integrated Payment Gateway Auto Reconciliation Collection Efficienc
Slide 28: Amaron strengthens Brand Presence
Amaron strengthens Brand Presence…Drove unprecedented Brand Equity across ATL, Vernacular and On- ground IPL elevated Amaron from a silent, functional product Launched AMARON ASSIST — our pilot initiative focused Our association with leading marathons directly anchored into an active cultural powerh
Slide 29: Digital Transformation
Digital Transformation Three connected pillars driving operational excellence across the enterprise 01 02 03 Data Analytics Enterprise AI Capability Dealer Management System Unified plant and supply-chain data to Building AI platforms, talent, and A connected platform for sales, service, deliv
Slide 30: Automotive- Reaching Out To International Markets
Automotive- Reaching Out To International Markets Enhancing brand image and strengthening global supply chain Initiatives through Brand promotions & Expanding Footprint Established first International Office in Dubai Launch of Amaron Hi-Life Lubes in Kuwait Qatar Boat Show- Amaron Pearl, Amaron in B
Slide 31: Growing Automotive Footprint
Growing Automotive Footprint Presence in Establish Presence in 70+ 80+ Leading brand in APAC and ~12% of sales- FY26 MEA countries Countries by FY’30 FINLAND 397 A A UK RUSSIA A NETHERLANDS POLAND A A A BELGIUM ITALY UNITED STATES A GREECE A A MOROCCO A LEBANON A A IRAQ A KUWAIT A BAHRAIN AFGHANISTA
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 contribute to significant share of revenue Market leader in Telecommunication batteries in domestic market Railways Solar Exports First and only company w
Slide 33: Growth Drivers For Industrial Segment
Growth Drivers For Industrial Segment UPS and Data Centers Witnessing steady growth in Data Centers on account of digitization and rising demands for data localization in India. Sustained economic growth and increased investments in manufacturing- positioning India as a manufacturing hub have dr
Slide 34: New Energy Business
aN ())) AMARA RAJA New Energy Business
Slide 35: Lithium-Ion Batteries - Business Outlook
Lithium-Ion Batteries - Business Outlook Mobility outlook- EV Projected LiB Demand in India (GWh) • Strong thrust on Electrification, the demand for LiB is expected to be ~100 GWh by ~100 2031. • Envisaged EV penetration by FY31 20-25% 70-75% ~15 10-15% 7-10% • EV Transition is majorly happening thr
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: 50GWh domestic manufacturing target Government focus on ALBM and advanced battery ecosystem development Telecom sector Advent of 5G leading to growth in telecom towers Secondary demand for replacement of e
Slide 38: 5 GWh BESS Giga Facility
5 GWh BESS Giga Facility Growth Drivers Policy push for renewable energy Annual Demand for BESS Rapid growth of Renewables - India aiming FY26 FY31 25GWh- 30GWh 500GW by 2030 Peak Demand Growth & management Obligation to overcome RE intermittency. Supportive Policies- 1 GWh ESO- Energy Sto
Slide 39: 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 sustainable Pack Assembly plant: customer base Tirupathi & Divitipally • Fully operational 1.5 GWh pack capacity
Slide 40: Focus On R&D For Innovative Technologies- E+ve Labs
Focus On R&D For Innovative Technologies- E+ve Labs ARE&M* is leading the way in In-house manufacturing Capability to build both Dedicated Test Lab for cell 1ST in India Li-ion technology and R&D capabilities- Developed EV and Stationary testing & pack testing to achieve IATF 16949:2016 & ISO 9001:2
Slide 41: Building Future-Ready Solutions- E+ve Labs / Talent
Building Future- Ready Solutions- E+ve Labs 01 / Talent Engineers & Scientists 200+ Experienced work force for material/new chemistry development & product development 02 / New Facility E+ Lab R&D Center 2.2L Sq ft Proposed E+ Energy Labs Achieved IATF 16949:2016 & ISO 9001:2015 certification for Li
Slide 42: Strategic Overview
aN ())) AMARA RAJA STRATEGIC OVERVIEW
Slide 43: Growth Strategy- LAB
Growth Strategy- LAB Existing Auto business- AUTOMOTIVE- DOMESTIC • Focus on market share protection, strengthen the brand and channel (DRIVE EFFICIENCY) • Deepen brand relevance across all demographics Robust new product pipeline- • Solar, Advanced Home Energy Solutions & Other Ancillaries • Levera
Slide 44: 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 • Standard and custom-built products to be developed CUSTOMERS • Capitalize CQP- p
Slide 45: ESG
aN ())) AMARA RAJA ESG
Slide 46: 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 36.8% over FY22. • 21.5% Renewable energy share with captive renewable at 66.9 MW Water Ma
Slide 47: Sustainability At Amara Raja
Sustainability At Amara Raja People and Community • 17 internal and 5 external training programs conducted against AR Sustainability Training calendar. • ~8,900 employees underwent Defensive Driving Training (DDT) • Recognized as Best Place to Work awards from the Great Place to Work Institute • Saf
Slide 48: Sustainability At Amara Raja
Sustainability At Amara Raja School at Diguvamagham Check Dams Zero Liquid Discharge Units Fume and Dust extraction systems Solar panels (ground mounted) Social Forestry 47
Slide 49: Sustainability At Amara Raja
Sustainability At Amara Raja Ratings received by ARE&M Recognition of our ESG efforts Sustainability Award from Hero Received Platinum Award from 19th ICC MotoCorp, Supplier Meet- Delhi Environmental Excellence Awards 2025 Recognition at BW (Businessworld) Sustainable World Conclave 2026 48
Slide 50: 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 51: Financial Overview
aN ())) AMARA RAJA FINANCIAL OVERVIEW
Slide 52: Historical Consolidated Income Statement
Historical Consolidated Income Statement PARTICULARS (INR Mn) FY24 FY25 FY26 Operational Revenue 1,17,084 1,28,463 1,38,140 Total Expenses 1,00,499 1,12,299 1,23,169 EBITDA 16,585 16,165 14,971 EBITDA Margins (%) 14.2% 12.6% 10.8% Other Income 1,104 1,156 1,062 Depreciation 4,843 5,257 6,072 Finance
Slide 53: Consolidated Balance Sheet
Consolidated Balance Sheet PARTICULARS (INR Mn) FY24 FY25 FY26 PARTICULARS (INR Mn) FY24 FY25 FY26 Assets Equity And Liabilities (1) Non-Current Assets (1) Equity 67,987 73,891 80,990 (A) Property, Plant And Equipment 29,095 31,164 37,695 (A) Equity Share Capital 183 183 183 (B) Right Of Use Asset 4
Slide 54: Consolidated Financial Charts
Consolidated Financial Charts REVENUES (INR Mn) EBITDA (INR Mn) & EBITDA MARGINS (%) PAT (INR Mn) & PAT MARGINS (%) 1,38,140 16,585 9,344 9,447 8,958 16,165 1,28,463 10,000 9.5% 14,971 18,000 14.0% 1,17,084 9,000 8.5% 14.2% 16,000 12.0% 10.8% 8,000 7.5% 12.6% 8.0% 14,000 7.4% 7,000 6.5% 12,000 10.0%
Slide 55: Standalone Financial Charts
Standalone Financial Charts REVENUES (INR Mn) EBITDA (INR Mn) & EBITDA MARGINS (%) PAT (INR Mn) & PAT MARGINS (%) 9,059 9,639 9,704 16,214 16,291 15,442 10.0% 1,35,489 18,000 10,000 9.0% 1,24,049 15.0% 16,000 1,12,603 8.0% 14.4% 8,000 14,000 8.0% 7.8% 7.0% 13.0% 13.1% 7.2% 12,000 11.4% 6.0% 6,000 10
Slide 56: Capital Market Data
Capital Market Data NSE: ARE&M | BSE: 500008 | Bloomberg: AMRJ:IN | Reuters: AMAR.NS / AMAR.BO 1 YEAR STOCK PERFORMANCE 20% 0% -20% -40% Apr-25 May-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Amara Sensex PRICE DATA (AS ON 31st MARCH, 2026) INR SHAREHOLDING PATTER
Slide 57: 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 58: Thank You
aN ())) AMARA RAJA THANK YOU
Amara Raja Energy & Mobility — Q4 FY26 Earnings Presentation on 6ix