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Exide Industries | Investor Presentation | Q2 FY27 ‘One Exide’ Multiple Technologies Investor Presentation Q2 FY27 C O R E B U S I N E S S Lead-acid N E W E N E R G Y B U S I N E S S Lithium-ion
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Exide Industries | Investor Presentation | Q2 FY27 Table of Contents 1 Exide at a glance 2 Strategic Enablers 3 Business Presence & Growth Levers 4 New Launches, Outreach & Digitization 5 New Energy Business 6 Financial Performance 7 Growing Responsibly 8 Summary
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Exide Industries | Investor Presentation | Q2 FY27 Exide at a glance * Includes 2 plants of Exide Energy Solutions Limited (EESL) and 3 lead recycling plants of Chloride Metals Limited (CML) - wholly owned subsidiaries of Exide Industries Ltd. Trusted legacy 79 Years of legacy • A brand built over nearly 8 decades. • Profitable and paying dividends since inception. • Publicly listed since 1979. Product & operational strength 16 Manufacturing plants* • Portfolio spanning 2.5Ah - 20,200Ah. • 70+ countries served, pan-India sales & service network. • 5 global technical collaborations. Financial resilience Zero-debt Balance sheet • Healthy liquidity and strong cash flows. • ICRA AAA (Stable) & A1+ credit ratings. • Consistent dividends, long-term value focus. 6 GWh Li-ion cell capacity Preparing for tomorrow • EESL gigafactory commissioned in September 2026. • NMC cylindrical & LFP prismatic cells. • For electric mobility and energy storage. NMC: Nickel Manganese Cobalt | LFP: Lithium Iron Phosphate
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Exide Industries | Investor Presentation | Q2 FY27 Strategic Enablers Efficient interplay of Channel & OEM strength, Integrated manufacturing, Multi-application portfolio & Innovation EESL: Exide Energy Solutions Limited | CML: Chloride Metals Limited One Exide D E M A N D V I S I B I L I T Y S C A L E A N D C O S T M A R K E T F E E D B A C K N E W P R O D U C T S 2 Integrated manufacturing 16 plants, including CML-3 and EESL-2 Integrated production, captive recycling and new- energy capacity strengthen resilience and cost control. 3 Multi-application portfolio 2.5Ah - 20,200Ah product range Mobility, backup power, critical infrastructure and specialized applications. 4 Innovation 50 years of the R&D centre Global technical collaborations and in-house R&D support innovation, new launches and speed to market. 1 Channel & OEM strength 120,000+ touchpoints Nationwide sales and service channel drives replacement demand. OEM partnerships give demand visibility and early access to new platforms. 75+ OEMs
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Exide Industries | Investor Presentation | Q2 FY27 Channel & OEM Strength 01 Channel & OEM strength 02 Integrated manufacturing 03 Multi-application portfolio 04 Innovation Deep distribution, long-standing OEM partnerships & reliable doorstep Service CHANNEL STRENGTH 120,000+ Network touchpoints across India 20,000+ Villages reached 60+ Warehouses 1,200+ Spare-part and accessories outlets S E RVICE N E T WORK 1,600+ Exide Care outlets Batmobile: India’s first doorstep battery service Digital warranty and diagnostics OEM PARTNERSHIPS 75+ Automotive OEMs served 100% share of business on key new models with large OEMs Advanced EFB, AGM and EV-auxiliary batteries for new vehicle platforms Long-standing relationships give demand visibility and early access to new platforms EFB: Enhanced Flooded Battery | AGM: Absorbent Glass Mat
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Exide Industries | Investor Presentation | Q2 FY27 Integrated Manufacturing 01 Channel & OEM strength 02 Integrated manufacturing 03 Multi-application portfolio 04 Innovation Core business New energy business 11 Exide plants 3 Lead recycling plants (CML) 1 2 Multiple chemistries & form factors 3 Lithium-ion cells, packs & modules • India-made advanced lithium-ion cell plant in Bengaluru • Packs & Modules manufacturing at Prantij (Gujarat) • 6 GWh commissioned in September 2026 Commercial production initiated • Lithium Iron Phosphate (LFP) & Nickel Manganese Cobalt (NMC) • Cylindrical & Prismatic form factors 1 Manufacturing Base • Key product categories. • Decades of scale, operational know-how & manufacturing efficiency. 2 Recycling Integration • Chloride Metals Limited (subsidiary) recovers raw material • Circularity with input-cost control 3 Strategic Relevance • Stronger supply-chain • Quality control, better cost and sustainability 1 2 3 3 2 EESL plants 6 GWh Capacity
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Exide Industries | Investor Presentation | Q2 FY27 Multi-application Portfolio 01 Channel & OEM strength 02 Integrated manufacturing 03 Multi-application portfolio 04 Innovation Core Business Battery capacity range across the portfolio 2.5Ah 20,200Ah Automotive Replacement and OEM Home Power backup and rooftop solar Inverter batteries Home UPS Solar solutions Industrial Critical power for infrastructure projects Railways Data centres Power projects Submarines New Energy Business Lithium-ion cells, packs and modules in cylindrical and prismatic formats for electric mobility and stationary storage applications 6 GWh Capacity Cylindrical Prismatic
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Exide Industries | Investor Presentation | Q2 FY27 Core Business Innovation-led capabilities strengthening a diversified and resilient lead-acid business 01 Channel & OEM strength 02 Integrated manufacturing 03 Multi-application portfolio 04 Innovation
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Exide Industries | Investor Presentation | Q2 FY27 Innovation- Core Business VRLA-Valve-Regulated Lead-Acid | SLI-AGM: Starting, Lighting, and Ignition - Absorbent Glass Mat | EFB: Enhanced Flooded Battery | ADAS- Advanced Driver Assistance Systems 50 Years of the R&D center (Kolkata) 5 Strategic global collaborations 4 NABL-accredited laboratories 70+ Member R&D team Industrial and energy storage ▪ SOLARNXT range expanded for renewable storage. ▪ InvaGen range for Home-UPS (Sealed Maintenance Free). ▪ High-power front-terminal VRLA for critical backup. Mobility solutions ▪ Advanced EFB for start-stop -only approved supplier for select OEM. SLI-AGM for vehicles with ADAS. ▪ Auxiliary batteries for EV and hybrid platforms. ▪ EXIDE DARE- India’s first SUV- ready battery. Specialised applications ▪ Specialised battery systems for submarines. ▪ Heavy-duty batteries for mining & earthmoving equipment. ▪ JIS and DIN traction batteries. IP & process technology ▪ 38 registered designs. 3 patents granted and 4 more applied for. ▪ 752 registered trademarks across India and overseas. ▪ Applied for 109 new trademarks. 01 Channel & OEM strength 02 Integrated manufacturing 03 Multi-application portfolio 04 Innovation 1st Battery R&D centre in Asia, outside Japan 2 Batteries sold every second Top 7 Battery manufacturer globally
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Exide Industries | Investor Presentation | Q2 FY27 Business Presence & Growth Levers
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Exide Industries | Investor Presentation | Q2 FY27 Business Presence PREFERRED OEM PARTNER Auto OEM Advanced EFB, AGM and EV-auxiliary solutions for major OEMs. 100% share of business on key new models with large OEMs. LOCAL MOBILITY Last-mile connectivity Batteries for e-rickshaws, intra-city logistics and delivery fleets. POWER BACKUP Home Inverters Inverter and battery solutions for urban and rural households. RENEWABLE ENERGY Solar End-to-end rooftop solutions across PV modules, inverters and batteries. Integrated generation, conversion & storage for residential needs. INDUSTRIAL POWER BACKUP I-UPS Batteries for power backup supporting data centers, BFSI, IT, healthcare and commercial infrastructure. CRITICAL APPLICATIONS Infrastructure Battery storage solutions across railways and metro, traction, power projects and submarine applications. GLOBAL PRESENCE Exports Presence in 70+ countries. Diversified export footprint supported by technology partnerships and portfolio depth. CATEGORY LEADERSHIP Replacement market Established brand across 2W, 3W and 4W replacement, backed by a pan- India sales and service network. A broad installed base and expanding applications support multiple demand pools
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Exide Industries | Investor Presentation | Q2 FY27 Growth drivers across businesses Favourable regulatory and macroeconomic trends support medium to long-term growth opportunities A U T O M O T I V E E X P A N S I O N 28% → 18% GST on batteries ▪ Rural recovery and GST cut aiding a shift to branded batteries in upcountry markets ▪ Low passenger vehicle penetration (~40 cars per 1,000 people) and rising affordability ▪ Record OEM volumes are expanding the vehicle base, fuelling future replacement demand S O L A R P O W E R 1 crore households Targeted under PM Surya Ghar Yojana ▪ Rs. 75,000 cr. outlay for rooftop solar ▪ 60 lakh+ households already covered ▪ GST on solar cut from 12% to 5% ▪ 500 GW renewable energy target by 2030 ▪ Battery back-up: Govt plans storage with rooftop solar; boost for lead-acid & Li-ion I N F R A S T R U C T U R E Capex push Across public and private sectors ▪ Infra and industrial capex driving backup and motive-power demand ▪ Railway electrification and data centers as structural opportunities ▪ Logistics, warehousing and material handling expand motive power
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Exide Industries | Investor Presentation | Q2 FY27 New Launches, Outreach & Digitization
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Exide Industries | Investor Presentation | Q2 FY27 New Product Launches & Marketing Campaigns Marketing CampaignsOEM Wins - Q2 FY27 New Launches 2W campaign: Outdoor + Digital ‘Bharose Ki Ride’ in key markets Social Media Collaboration Consumer Outreach Exide DARE: India’s first SUV-ready battery Pan-India expansion 100% Share of business for Exide’s Auxiliary battery, on both EV and PHEV MG Hector Tomahawk Tata Aeris 100% Share of business in CNG models
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Exide Industries | Investor Presentation | Q2 FY27 Expanding Rural & Service Touchpoints Strengthening Service NetworkRural Outreach QR code Website WhatsApp Vehicle-linked API Digital warranty registration Faster validation and claim processing Better product lifecycle traceability Stronger warranty governance and data accuracy Higher digital adoption, smoother customer experience 20k+ Presence in villages 200+ Rural meets during Q2 FY27 Registration-Linked Warranty Policy Standardized warranty practices across the channel network, with more transparency for customers July’26 o n w a r d s S E R V I C E 1 . 0 Dealer enablement Dealer enablement with diagnostic tools and streamlining warranty S E R V I C E 2 . 0 Direct to customer Direct customer support through WhatsApp, calls & online channels India’s first doorstep battery service Exide Care Exclusive service outlet 1,600+ Exide Care outlets pan India 1 lakh+ Customer calls received per month 4+ rating For over 80% of outlets
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Exide Industries | Investor Presentation | Q2 FY27 Digital at the Core of Transformation 1 Manufacturing & Supply Chain • AI-led planning • E-proof of delivery, e- sourcing & approvals 2 Channel Partners • Partner portal and dealer finder • AI enabled market potential capture being piloted 3 Sales Force • AI-enabled analysis, invoice processing and visit planning • Churn alerts, loyalty app for mechanics and electricians • Exide Vantage upgraded with AI visit recommendations and next best action for Sales Executives 4 End Customer & Service • Digital warranty and technician allocation • WhatsApp, web and contact- centre support • Marketing automation • Voice bot-based service booking Secure & Intelligent Operations 5 • Exide GPT extended to regional and area sales teams for faster insights • AI-led battery test & validation • AI also being leveraged in key functions like HR and Finance Exide GPT
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Exide Industries | Investor Presentation | Q2 FY27 New Energy Business Advanced chemistry battery manufacturing
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Exide Industries | Investor Presentation | Q2 FY27 Exide Energy Solutions Limited 6 GWh Gigafactory commissioned at Bengaluru
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Exide Industries | Investor Presentation | Q2 FY27 Industry Context 2026 ~25 GWh Current market Largely imported 2030 140–150 GWh Demand potential EV + stationary applications 60–70% Demand from EVs Expected by 2030 1 Demand drivers • Climate action accelerating green mobility, with more EV launches and wider consumer acceptance • Electrification across transport, homes and industry • Grid intermittency and overload from rising RE, making battery storage essential • Overall power requirement increasing sharply driven by data centres, AI usage, etc. 2 Localization advantage • Shorter working-capital cycle • Supply security and closer quality engagement • Potential policy support ~6x Expected 2030 penetration* Current EV penetration (Sep 2026) Expected EV penetration (2030E) 0% 20% 40% 60% 80% 3W ~53-54% 70%+ 2W ~11-12% 30%+ PV ~8-9% 15%+ * Represents share of new vehicles Source: Vahan and BCG estimates India’s advanced chemistry battery demand to move from import-led to localization-led Source: BCG estimates 3W: 3 Wheeler | 2W: 2 Wheeler | PV: Passenger Vehicles
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Exide Industries | Investor Presentation | Q2 FY27 NMC: Nickel Manganese Cobalt | LFP: Lithium Iron Phosphate N O WA C H I E V E D | S E P T 2 0 2 6 Commercial production started 6 GWh plant commissioned in September 2026 I N P R O G R E S S Customer approval in progress Validation and qualification with leading 2W EV OEMs and telecom players in progress From commissioning to commercial supplies 6 GWh commissioned in September 2026 100% utilities operationalised NMC + LFP cell samples supplied to leading OEM and telecom players Product Certificates 5 Ah (NMC) 102 Ah (LFP) IS 16046 ✓ Certified ✓ Certified IS 16893 ✓ Certified ✓ Certified UN 38.3 ✓ Certified ✓ Certified Cylindrical cells CYLINDRICAL LINE Prismatic cells PRISMATIC LINE
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Exide Industries | Investor Presentation | Q2 FY27 Localized Lithium-ion cells End-to-end product and solution offering ▪ Multiple chemistries and form factors ▪ Customizable solutions for EV and energy storage applications ▪ Joint product development aligned with OEMs High focus on competitive costing ▪ Strategic raw material sourcing partnerships ▪ Automation and technology-led manufacturing efficiency Backed by global technology & quality processes ▪ Technology partnership with a global lithium-ion cell player ▪ Automated assembly and in-process quality checks Scalable operations to meet customer needs ▪ Multi-line plant designed for scale-up ▪ Leverage Exide’s market access and after- sales support ecosystem 1 2 3 4
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Exide Industries | Investor Presentation | Q2 FY27 Standalone Financial Performance
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Exide Industries | Investor Presentation | Q2 FY27 Q2 & H1 FY27 Performance Q2 FY27 vs Q2 FY26 R E V E N U E ▲ 20.3% YoY 4,178 5,026 Q2 FY26 Q2 FY27 E B I T D A ▲ 53.6% YoY 395 606 Q2 FY26 Q2 FY27 P B T ▲ 75.5% YoY 298 522 Q2 FY26 Q2 FY27 P A T ▲ 75.1% YoY 221 386 Q2 FY26 Q2 FY27 H1 FY27 vs H1 FY26 R E V E N U E ▲ 18.9% YoY 8,688 10,331 H1 FY26 H1 FY27 E B I T D A ▲ 33.8% YoY 943 1,262 H1 FY26 H1 FY27 P B T ▲ 46.5% YoY 727 1,066 H1 FY26 H1 FY27 P A T ▲ 46.7% YoY 541 794 H1 FY26 H1 FY27 All figures in Rs. cr. Margin 9.4% +270 bps 12.1% Margin 7.1% +330 bps 10.4% Margin 5.3% +240 bps 7.7% Margin 10.9% +130 bps 12.2% Margin 6.2% +150 bps 7.7%Margin 8.4% +190 bps 10.3%
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Exide Industries | Investor Presentation | Q2 FY27 Growing Responsibly
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Exide Industries | Investor Presentation | Q2 FY27 CSR: Touching Lives and Livelihoods Our 5 Core Pillars 4 lakh+ Beneficiaries of CSR projects 80%+ From vulnerable communities 10 States in India 24 Districts reached On-ground execution driving tangible community upliftment Before After Pond Rejuvenation at Bawal (Haryana) Impact
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Exide Industries | Investor Presentation | Q2 FY27 Sustainability: External Ratings & Recognitions S&P Global FY26 Score: 65/100 Top 5%: Auto-Components EcoVadis FY26 Score: 67/100 Bronze Medal Other Ratings 2026 ESG Risk Rating: 15.8 Low Risk Score: 64/100 Category - Strong
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Exide Industries | Investor Presentation | Q2 FY27 Governance & Accolades ~44% Independent board composition Separate Chairman and MD positions ICRA AAA Stable outlook. A1+ short-term Dividends Since listing B S R & Co. Statutory auditors TCFD/IFRS S2 Aligned climate-risk assessment. Published climate action report Governance Awards and Recognition ESG Transformation Award The House of ESG Aug’26 Clean Energy Champion TVS Motors Dec’25 India’s Most Sustainable Companies BW Businessworld Mar’26 Most Valuable Partner Indus Towers Dec’25
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Exide Industries | Investor Presentation | Q2 FY27 Dependable Partner for India’s Energy Resilience • Leadership in the Core business: Sustained through cycles. • Investing in New-Energy to serve India's evolving energy and mobility needs. • Prudent capital allocation: Zero-debt balance sheet. • Well positioned to capture opportunities across key global markets.
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Exide Industries | Investor Presentation | Q2 FY27 Shareholding Pattern & Capital Market Information Category Holding (in %) Promoters 46% Domestic Institutional 18% Foreign Institutional 13% Others 23% Shareholding pattern (as on Sept 30, 2026) Promoters 46% DIIs 18% FIIs 13% Others 23% Market Cap: Rs. 35,090 cr. (as on Sept 30, 2026)
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Exide Industries | Investor Presentation | Q2 FY27 Our Leadership: Board of Directors Sridhar Gorthi Chairman and Independent Director R B Raheja Vice-Chairman & Non-Executive, Non-Independent Director Avik Roy Managing Director and Chief Executive Officer Manoj Kumar Agarwal Director - Finance and Chief Financial Officer Surin Kapadia Independent Director Radhika Govind Rajan Independent Director Jaidit Singh Brar Independent Director Rajeev Khandelwal Executive Director Pravin Saraf Executive Director
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Exide Industries | Investor Presentation | Q2 FY27 In this document, we have disclosed forward-looking information to enable analysts and investors comprehend our prospects and take investment decisions. This document and other statements - written and oral - that we periodically make, contain forward-looking statements that set out anticipated results based on the management’s plans and assumptions. We cannot guarantee that these forward- looking statements will be realised, although we believe we have been prudent in our assumptions. The achievements of results are subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or uncertainties materialise, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. We undertake no obligation to publicly update any forward-looking statement or comparative assessments, whether as a result of any new information, future events or otherwise. We accept no responsibility for any loss and/or damages, risks and/or liabilities, which may be incurred and/or suffered by any investor on account of or arising from the use of the information by investors. We make no warranties of any kind, whether express or implied, as to the adequacy of such information for any intended purpose of the investors. Disclaimer
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Thank You Exide Industries Limited