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Amara Raja Energy & Mobility (500008) investor relations material
Amara Raja Energy & Mobility Q1 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated revenue grew 24% year-over-year to INR 4,215 crores, with 95% from lead-acid business (up 22%) and new energy business up over 70% to INR 209 crores.
Four-wheeler and two-wheeler aftermarket volumes rose 15%; OEM volumes up 24% (four-wheeler) and 35% (two-wheeler) year-over-year.
Name change in 2023 reflects a broader vision to lead India's energy transition, with a focus on comprehensive energy and mobility solutions.
Forayed into the New Energy business in 2022, with significant capex for Giga Corridor and advanced cell technologies.
Unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, were approved by the Board on August 10, 2026.
Financial highlights
Q1 FY27 consolidated revenue rose 23.9% year-over-year to INR 42,145 Mn; EBITDA up 11.7% to INR 4,059 Mn; PAT up 15.8% to INR 1,909 Mn.
Standalone EBITDA margin at 10.1%, consolidated margin at 9.6%, impacted by higher material costs and increased brand promotion and strategic investments.
Margin dilution of 0.9% due to strategic initiatives and brand investments, including IPL sponsorship and Amaron Assist pilot.
Standalone revenue from operations reached ₹4,041.44 crore, up from ₹3,349.92 crore year-over-year.
Earnings per share (consolidated) stood at ₹10.43, up from ₹9.00 year-over-year.
Outlook and guidance
New Energy business to scale with 16 GWh cell capacity by FY30 and 10 GWh BESS Giga facility under construction.
Further price hikes of 2-3% planned to offset raw material cost increases.
Lead-acid battery business expected to achieve 9-10% revenue growth in the medium term, with volume growth of 7-8% for four-wheelers and low double digits for two-wheelers.
BESS plant expected to ramp up to 5 GWh utilization within six months of commissioning, with strong domestic order visibility.
Customer Qualification Plant commissioned in July 2026; E+ve plant commercialization expected in Q2 FY27.
- Q4 revenue and profit rose, margins held firm, and new energy investment accelerated.500008
Q4 25/26 - Revenue up 4.2% YoY, but margins fell on cost pressures and exceptional gratuity expenses.500008
Q3 25/26 - Q2 FY26 revenue and profit grew, driven by lead-acid and new energy, plus insurance claim gains.500008
Q2 25/26 - Q1 FY25 delivered strong revenue and profit growth, led by automotive, new energy, and major investments.500008
Q1 24/25 - Revenue and profit rose, margin recovery expected as new plants and gigafactory ramp up.500008
Q2 24/25 - Q3 FY25 revenue up 7.5% YoY, profit and EPS higher, with strong aftermarket and NEB focus.500008
Q3 24/25 - FY25 revenue up 9.7% YoY, PAT at INR 9,447 Mn, with higher dividends and global expansion.500008
Q4 24/25 - Q1 FY26 revenue up 4%, margins and profit declined, with new energy investments ongoing.500008
Q1 25/26
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