Eveready Industries India Limited - History, Latest Updates, Milestones, Subsidiaries & Share Price
Eveready Industries India Limited - Company Overview
Eveready Industries India Ltd (EIIL), whose origins go back to 1905 in the time of Union Carbide, has been a market leader in India's dry cell battery and flashlight industry. Over the years, the business ventured into LED lighting and small electrical appliances, making Eveready one of the best-known consumer brands in India.
Based in Kolkata, the Eveready brand of the firm is now virtually synonymous with batteries in India. The turnaround, however, only began to happen in 2022, when the Burman group (of Dabur India) took control and pushed the business towards a new era of restructuring, premium product expansion, and operational rigor.
Eveready dominates about half of the organized Indian battery industry today and has a healthy presence in LED lighting and torches. Its distribution network, at over 4 million retail outlets, offers it unparalleled market reach. From a financial perspective, FY24–25 saw steady growth through improved operating margins, stronger cash flows, and reduced debt levels.
This article examines the firm's past history, strategic changes, recent news, and Eveready industries India ltd share price, all providing useful context to investors.
Eveready Industries: Important Developments during 2025
May 2025
FY25 profits improved 18% YoY, led by increased demand for batteries and LED products.
Plans for expanding production announced in Madhya Pradesh and Assam.
A final dividend was announced on the back of good results.
June 2025
Board approved capex for automated battery lines.
Launched a new range of rechargeable batteries for high-drain devices.
Eveready Share price moved close to a year-high of Rs. 425.
July 2025
Announced 14% YoY revenue growth in Q1 FY26.
Eveready Share price momentarily rose to Rs. 440, indicating positive investor sentiment.
Started structuring sourcing alliances to reduce LED component import expenses.
August 2025
Market correction of sorts took Eveready share price down to the vicinity of Rs. 390.
Announced entry into solar-based lighting to tap rural demand.
Interim dividend announced.
September 2025
Eveready stock is trading as of 1 September 2025 near Rs. 395, in a 52-week range of Rs. 280–445.
Investor updates highlighted premium product concentration, exports, and digital distribution enhancements.
Evolution of Eveready Industries India Ltd
1905
The journey started when Union Carbide introduced dry cell batteries to India in the Eveready brand. This was the beginning of what would prove to be one of India's longest-running consumer brands.
1934
The "Eveready" trademark was launched in India, going on to become the benchmark for dry cell batteries for home use in a remarkably short space of time.
1941
The firm established its initial Indian battery factory in Kolkata, decreasing the reliance on import and providing Eveready with a cost and supply advantage.
1950s–1960s
The expansion speeded up, with more plants in Lucknow, Chennai, and Hyderabad. The time frame saw Eveready become the undisputed market leader in the Indian battery industry.
Flashlights (torches) were introduced into the product line, and they became household items.
1970s
As rural electrification problems increased, Eveready batteries and torches became essential in India's semi-urban and rural sectors.
The company spent money on distribution, getting its products to far-flung areas of the nation.
1993
Turning point: Union Carbide sold off Indian battery business after global restructuring.
Eveready Industries India Ltd (EIIL) was officially incorporated as an independent company.
2000
Ventured into lighting with the launch of Compact Fluorescent Lamps (CFLs), diversifying away from batteries and torches.
2005
Commemorated 100 years of Eveready in India.
The firm dominated more than 50% of the organized dry cell trade and led the flashlight segment by this stage.
2010–2015
Ventured into LED light products and tested small household appliances to exploit India's expanding consumer durables market.
Improved marketing campaigns with the popular "Give Me Red" tagline, which enhanced brand recall.
2016–2020
The business grappled with increasing competition from low-cost imports and other power options.
Weak margins and debt pressures impacted performance, causing slower expansion during this period.
2021–2022
There was a significant change in ownership: the Burman family (Dabur India promoters) took a controlling stake of approximately 38%.
This brought in new leadership, governance restructuring, and a more focused approach to profitable growth.
2023
Launched a turnaround strategy including cost optimization, premiumization of the product portfolio, and debt reduction.
Increased emphasis on growing rechargeable and high-performance batteries and energy-efficient LED solutions.
2024
Posted robust recovery with better revenues and margins.
Announced expansion of capacities in Assam and Madhya Pradesh plants.
This provided the groundwork for entering solar-based lighting solutions for rural India.
2025
Continued growth path with investment in automated production lines, new-age premium product launches, and new distribution models.
Eveready became a rejuvenated leader in batteries and lighting by September 2025, with Eveready share price also reflecting market confidence.
Eveready Industries India Ltd Information
| Company Information | |
| Trade Name | Eveready Industries India Ltd |
| Founded year | 1905 (incorporated as EIIL in 1993) |
| Headquarters | Kolkata, West Bengal |
| Industry | Consumer Durables (Batteries, Lighting, Appliances) |
| Chairman | Aditya Burman |
| Revenue | Approx. Rs. 1,750 crores |
| NSE code | EVEREADY |
| BSE code | 531508 |
Eveready Industries News, Major Corporate Milestones & Announcements during 2025
Growth and Innovation in Products
Capacity Growth: The firm sanctioned substantial investments towards upgrading and mechanizing its battery production lines in Madhya Pradesh and Assam, with the objective of boosting efficiency and minimizing costs.
New Products: Eveready launched a new series of next-generation rechargeable batteries, targeting gadgets, toys, and other high-drain electronic appliances.
Solar Lighting Initiative: In furtherance of its rural market strategy, Eveready made plans to venture into solar torches and lanterns, consolidating its position as an energy-access brand.
Corporate Announcements & Governance
Dividend Declaration: Interim and final dividend were declared during the year, which was a reflection of enhanced cash flows and profitability.
Investor Communication: The company enhanced investor engagement through frequent presentations and quarterly updates, setting out turnaround progress.
Leadership Strategy: The management during the Burman family's tenure focused on premiumization, digital distribution, and export expansion as the key strategies for long-term growth.
Financial Highlights 2025
FY25 figures recorded a near 18% YoY profit surge, driven by robust battery and LED sales.
FY26 (reported mid-2025) clocked 14% revenue growth, led by double-digit urban and rural demand.
Even after market corrections, the firm had a healthy financial perspective with reduced debt and better margins.
Market & Share Price Movements
Eveready share price reached a year high of about Rs. 440 in July 2025 after robust quarterly performance.
Market volatility during August 2025 made the Eveready share price ease off and drift around Rs. 390–395 in September 2025.
Eveready share price also exhibited strength, remaining in a 52-week range of Rs. 280–445, reflecting both investor faith and robust long-term prospects.
Eveready Share Price
| Company Name | Sector | Share Price Link |
| Eveready Industries India Ltd | Manufacturing | Eveready Share Price |
Conclusion
Eveready Industries has transformed itself from a heritage battery manufacturer to a contemporary consumer durables player, driven by new management and strategic direction. With leadership in batteries, growing LED and torch businesses, and innovation around sustainable lighting, the company is poised for growth in the future.
Eveready share price captures this better outlook, going up since 2022 even as it witnessed near-term volatility. Robust fundamentals, a reliable brand presence, and growing product portfolio make it a stock to watch in India's FMCG–durables domain.
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Frequently Asked Questions
At what price is Eveready currently listed?
As of September 2025, Eveready stock price is around Rs. 395.
Where do I look to see Eveready share price today ?
You can check for Eveready share price on Enrich Money.
How has the Eveready share price performed in 2025?
Eveready industries stock price has remained volatile but on a positive note with a range of Rs. 280–445.
What is the ticker symbol of Eveready on the NSE?
Ticker symbol: EVEREADY.
Is Eveready also listed on BSE?
Yes, listed with code 531508.
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Eveready Industries India Ltd. Technical Analysis
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Eveready Industries India Ltd. Financial Statements
Eveready Industries India Ltd. Shareholding Pattern
Eveready Industries India Ltd. Latest Corporate News
Eveready Industries India Ltd. Stock/Company Overview
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