Vicky Kaushal is the New Face of Reid & Taylor
October 8, 2024
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Exide Batteries offers a wide range of products across various categories, including: Automotive Batteries
1. Exide Premium: High-performance batteries for passenger vehicles
2. Exide Gold: Long-life batteries for commercial vehicles
3. Exide Silver: Economical batteries for entry-level vehicles
4. Exide Bike: Batteries specifically designed for two-wheelers Industrial Batteries
1. Exide Industrial: Batteries for industrial applications, such as UPS, inverters, and generators
2. Exide Solar: Batteries for solar power systems
3. Exide Telecom: Batteries for telecommunications equipment Inverter Batteries
1. Exide Inva: Tubular batteries for home inverters
2. Exide Inva Master: High-capacity batteries for heavy-duty inverters
3. Exide Inva Plus: Advanced batteries with improved performance Home UPS Batteries
1. Exide Home UPS: Batteries for home UPS systems
2. Exide Home UPS Plus: High-capacity batteries for heavy-duty home UPS systems Two-Wheeler Batteries
1. Exide Bike: Batteries specifically designed for two-wheelers
2. Exide Bike Plus: High-performance batteries for premium two-wheelers Commercial Vehicle Batteries
1. Exide Truck: Batteries for commercial vehicles, such as trucks and buses
2. Exide Truck Plus: High-capacity batteries for heavy-duty commercial vehicles Solar Batteries
1. Exide Solar: Batteries for solar power systems
2. Exide Solar Plus: Advanced batteries with improved performance for solar applications Other Products
1. Exide Battery Chargers
2. Exide Battery Testers
3. Exide Battery Accessories Exide Batteries also offers a range of services, including battery testing, charging, and maintenance, to ensure optimal performance and longevity of its products. Exide Batteries offers a wide range of products across various categories, including: Automotive Batteries
1. Exide Premium: High-performance batteries for passenger vehicles
2. Exide Gold: Long-life batteries for commercial vehicles
3. Exide Silver: Economical batteries for entry-level vehicles
4. Exide Bike: Batteries specifically designed for two-wheelers Industrial Batteries
1. Exide Industrial: Batteries for industrial applications, such as UPS, inverters, and generators
2. Exide Solar: Batteries for solar power systems
3. Exide Telecom: Batteries for telecommunications equipment Inverter Batteries Solar Batteries
1. Exide Solar: Batteries for solar power systems
2. Exide Solar Plus: Advanced batteries with improved performance for solar applications Other Products
1. Exide Battery Chargers
2. Exide Battery Testers
3. Exide Battery Accessories Exide Batteries also offers a range of services, including battery testing, charging, and maintenance, to ensure optimal performance and longevity of its products.
1. Exide Inva: Tubular batteries for home inverters
2. Exide Inva Master: High-capacity batteries for heavy-duty inverters
3. Exide Inva Plus: Advanced batteries with improved performance Home UPS Batteries
1. Exide Home UPS: Batteries for home UPS systems
2. Exide Home UPS Plus: High-capacity batteries for heavy-duty home UPS systems Two-Wheeler Batteries
1. Exide Bike: Batteries specifically designed for two-wheelers
2. Exide Bike Plus: High-performance batteries for premium two-wheelers Commercial Vehicle Batteries
1. Exide Truck: Batteries for commercial vehicles, such as trucks and buses
2. Exide Truck Plus: High-capacity batteries for heavy-duty commercial vehicles Exide Batteries, an Indian multinational battery manufacturer, has a successful story spanning over nine decades. Here are some key milestones:
1. Humble Beginnings (1947): Founded by Tilloo Irani, Shapoorji Pallonji Mistry, and Chinubhai Madhowlal as Chloride Industries Limited in Calcutta.
2. Initial Success (1950s): Started manufacturing batteries for the Indian Railways and became a leading supplier of batteries to the Indian automotive industry.
3. Expansion (1960s-1970s): Expanded product line to include batteries for industrial, agricultural, and consumer applications.
4. Innovations (1980s): Introduced maintenance-free batteries and pioneered the use of calcium-alloy technology in battery manufacturing.
5. Global Expansion (1990s): Established subsidiaries and joint ventures in Southeast Asia, the Middle East, and Africa.
6. Acquisitions (2000s): Acquired several companies, including Chloride Group (UK) and Dynacell (USA).
7. Sustainability Initiatives (2010s): Implemented eco-friendly practices, reduced carbon footprint, and introduced lead-recycling facilities.
8. Awards and Recognition (2010s): Received numerous awards for innovation, quality, and sustainability.
Today, Exide Batteries is: - India's largest battery manufacturer - A global leader in the battery industry - A pioneer in innovative battery technologies - A company committed to sustainability and environmental responsibility Exide Batteries' successful story is a testament to its innovative spirit, strategic expansions, and dedication to quality and customer satisfaction. Some notable achievements include: - Over 75 years of experience in battery manufacturing - Presence in over 50 countries - Manufacturing capacity of over 12 million batteries per annum - Strong R&D focus, with over 100 patents filed - Recognized as one of India's most trusted brands Exide Industries' turnover has seen significant growth over the years. In the fiscal year 2022-23, the company reported a net sales turnover of Rs 150,782 million, which is a 17.9% increase from the previous year ¹. The operating income also rose by 17.9% on a year-on-year basis, while the operating profit increased by 13.6% YoY ¹. The company's revenue growth can be attributed to its diversified product portfolio, which includes automotive batteries, industrial batteries, inverter batteries, and home UPS systems. Exide Industries has also been expanding its presence in the lithium-ion battery market, with plans to set up a 12 GWh green-field cell manufacturing plant in two phases of 6 GWh each ². Here's a breakdown of Exide Industries' income statement for the fiscal year 2022-23: - Net Sales: Rs 150,782 million (17.9% increase from the previous year) - Other Income: Rs 1,247 million (101% increase from the previous year) - Total Revenues: Rs 152,029 million (18.3% increase from the previous year) - Gross Profit: Rs 15,937 million (13.6% increase from the previous year) - Depreciation: Increased by 14.2% YoY - Finance Costs: Increased by 22.3% YoY - Net Profit: Increased by 18.5% YoY ¹
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