Integrated Filing — IndAS



General information about company

Scrip Code 531508
NSE Symbol EVEREADY
MSEI Symbol NOTLISTED
ISIN INE128A01029
Name of company EVEREADY INDUSTRIES INDIA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 05-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 28-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Consumer goods
Start date and time of board meeting 05-11-2025   14:00:00
End date and time of board meeting 05-11-2025   16:15:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 38,678.00 76,092.00
Other income 28.00 270.00
Total income 38,706.00 76,362.00
2 Expenses
(a) Cost of materials consumed 14,061.00 26,960.00
(b) Purchases of stock-in-trade 8,123.00 15,361.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (302.00) 218.00
(d) Employee benefit expense 4,555.00 9,126.00
(e) Finance costs 492.00 1,059.00
(f) Depreciation, depletion and amortisation expense 721.00 1,432.00
(f) Other Expenses
1 Other expenses 7,331.00 14,149.00
Total other expenses 7,331.00 14,149.00
Total expenses 34,981.00 68,305.00
3 Total profit before exceptional items and tax 3,725.00 8,057.00
4 Exceptional items (3,768.00) (4,475.00)
5 Total profit before tax (43.00) 3,582.00
6 Tax expense
7 Current tax (637.00) 0.00
8 Deferred tax 1,385.00 1,350.00
9 Total tax expenses 748.00 1,350.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (791.00) 2,232.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (791.00) 2,232.00
17 Other comprehensive income net of taxes 96.00 23.00
18 Total Comprehensive Income for the period (695.00) 2,255.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (791.00) 2,232.00
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 96.00 23.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 3,634.00 3,634.00
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -1.09 3.07
Diluted earnings (loss) per share from continuing operations -1.09 3.07
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -1.09 3.07
Diluted earnings (loss) per share from continuing and discontinued operations -1.09 3.07
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) NOTES 1The above results were reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on November 05 2025 and subjected to a limited review by the Statutory Auditors of the Company 2The consolidated results of the Group include the results of the Company and its subsidiaries Greendale India Limited and Everspark Hong Kong Private Limited 3The consolidated results have been prepared in accordance with the principles and procedures as set out in the Ind AS 110 Consolidated Financial Statements 4The Company is engaged in the business of marketing of dry cell batteries rechargeable batteries flashlights and lighting products which come under a single business segment known as Consumer Goods 5The Competition Commission of India CCI issued an Order dated April 19 2018 concerning contravention of the Competition Act 2002 the Act and imposed a penalty of Rs 171.55 crore on the Holding Company. On the Holding Companys appeal against the CCIs said Order the National Company Law Appellate Tribunal NCLAT has granted stay on the said penalty subject to deposit of 10% of the penalty amount with the Registry of the NCLAT which has since been deposited. The Holding Company has received legal advice that owing to the uncertainty of the future outcome of the litigation the amount of penalty that would be finally imposed on the Holding Company cannot be reliably estimated at this stage and hence no provision is deemed required to be made. 6The Holding Company was impleaded as a party to an arbitration proceeding under the rules of the International Chambers of Commerce in relation to certain alleged dues of the promoters of the Company under a facility agreement entered into by such promoters in the year 2017 with the Claimant an NBFC. The Holding Company was neither a signatory to such facility agreement nor to any related documentation but had been impleaded on account of group of Companies doctrine. During the current quarter the Holding Company and the Claimant Real Touch Finance Limited a NBFC entered into a settlement agreement on July 25 2025 pursuant to which the company paid Rs 15 crore and assigned and transferred to the Claimant certain loan receivables and recoverables of the Holding Company having a carrying value of Rs Nil which had been fully provided writeoff in the financial year 2020 21 along with all connected rights and interest. The settlement is without admission of liability and was entered into in the commercial interest of the Company to bring the arbitration to an end vacate the restraint order and restore operational and financial flexibility of the companies On October 1 2025 the Holding Company received the final award from the Arbitral Tribunal dated September 22 2025 taking on record the said settlement stating that arbitration proceedings are withdrawn and stand terminated and vacating the restraint order qua the Company. Accordingly the Holding Company has recognized the settlement payment of Rs 15 crore and derecognized the loans receivables and recoverable as explained above along with related tax implications in the consolidated financial statements for quarter ended September 30 2025. The arbitration proceedings are now concluded and no further liability is expected to arise from this matter. 7 Exceptional item included in result are as below During the half year ended September 30 2025 the company recognized a charge of Rs 29.75 crore (Rs 7.07 crore in Q1 FY26 and Rs 22.68 crore in Q2 FY26) relating to non-recurring ex gratia payment to workmen on separation. Rs 15 crore towards settlement of arbitration proceeding (as stated in note 6 above)



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 29,752.00
Capital work-in-progress 12,800.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 469.00
Intangible assets under development 88.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 750.00
Trade receivables, non-current
Loans, non-current 17.00
Other non-current financial assets 830.00
Total non-current financial assets 1,597.00
Deferred tax assets (net) 14,925.00
Other non-current assets 1,545.00
Total non-current assets 61,176.00
2 Current assets
Inventories 28,457.00
Current financial asset
Current investments 0.00
Trade receivables, current 13,197.00
Cash and cash equivalents 658.00
Bank balance other than cash and cash equivalents 61.00
Loans, current 19.00
Other current financial assets 3,880.00
Total current financial assets 17,815.00
Current tax assets (net) 8,639.00
Other current assets
Total current assets 54,911.00
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1,16,087.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 3,634.00
Other equity 43,643.00
Total equity attributable to owners of parent 47,277.00
Non controlling interest
Total equity 47,277.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 16,904.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 307.00
Total non-current financial liabilities 17,211.00
Provisions, non-current 529.00
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities 2,524.00
Total non-current liabilities 20,264.00
Current liabilities
Current financial liabilities
Borrowings, current 15,733.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 408.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 21,483.00
Total Trade payable 21,891.00
Other current financial liabilities 1,677.00
Total current financial liabilities 39,301.00
Other current liabilities 6,731.00
Provisions, current 2,005.00
Current tax liabilities (Net) 509.00
Deferred government grants, Current
Total current liabilities 48,546.00
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 68,810.00
Total equity and liabilites 1,16,087.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement gain/(loss) on defined benefit plan 85.00 0.00
2 Exchange difference in translating the financial statements of foreign exchange 26.00 23.00
Total Amount of items that will not be reclassified to profit and loss 111.00 23.00
2 Income tax relating to items that will not be reclassified to profit or loss 15.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 96.00 23.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 3,582.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,059.00
Adjustments for decrease (increase) in inventories 158.00
Adjustments for decrease (increase) in trade receivables, current (2,817.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (349.00)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current (612.00)
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 1,353.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 644.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,432.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 159.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (3.00)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (125.00)
Adjustments for dividend income 0.00
Adjustments for interest income 7.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) (2.00)
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships (29.00)
Total adjustments for reconcile profit (loss) 861.00
Net cash flows from (used in) operations 4,443.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 307.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 4,136.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 10.00
Purchase of property, plant and equipment 5,429.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 7.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (5,412.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 6,972.00
Repayments of borrowings 3,190.00
Payments of lease liabilities 479.00
Dividends paid 1,097.00
Interest paid 904.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 1,302.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 26.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 23.00
Net increase (decrease) in cash and cash equivalents 49.00
Cash and cash equivalents cash flow statement at beginning of period 609.00
Cash and cash equivalents cash flow statement at end of period 658.00