India’s Top 500 Companies 2019

INDIA’S TOP 500 COMPANIES 2019 163 Advertorial Exide Industries Limited About the Company Exide Industries Ltd (Exide) was incorporated in 1947 by setting up a manufacturing unit in Shamnagar, WB. Exide mainly offers lead acid storage batteries ranging from 2.5Ah to 20,600Ah (Ampere-Hours) capacity and power storage solutions. The company manufactures batteries for a wide range of applications including automotive, power, telecom, infrastructure projects and industrial applications. Exide operates through nine factories located across the country. Out of these nine factories, seven factories are dedicated to manufacturing batteries and the two for home UPS systems. The company’s manufacturing facilities cumulatively produce an annual output of 15 million units in automobile batteries and over 420 mnAh of industrial power. The company caters to its domestic clients through a distribution network of over 48,000 outlets and more than 180 sales and service touch points. It also caters to clients from over 50 countries across the world through its distribution network. The company has four subsidiaries in India and three subsidiaries abroad with each located in Singapore, Sri Lanka and UK. Exide has also entered into technological collaboration with Shin Kobe and Furukuwa of Japan as well as East Penn Manufacturing Company, USA. Business Profile The company’s business profile can be classified in terms of end-use segments like automotive, industrial, genset, solar, submarine (defence) and home UPS systems. Automotive batteries : Exide supplies automotive batteries to passenger vehicles, light & heavy commercial vehicles, two-wheelers, three-wheelers and e-rickshawmanufacturers in the country. The company markets a range of brands like Epiq, Matrix, Mileage, Gold, Eko, Xplore, Bikerz-VRLA and E-Ride Plus among others under this segment. Industrial batteries : The company’s industrial battery segment caters to segments like power backup equipment (UPS), traction equipment (forklifts, golf carts, electric vehicles) and infrastructure sector (railway, telecom, solar, power generation and utilities). The major brands of Exide are Exide, SF and CEIL in domestic market and CEIL, Chloride and Index in international market. Genset batteries : Under this segment, the company offers maintenance-free genset batteries under the brand name GENPLUS. Solar batteries : Under this segment, the company offers tubular solar batteries. Submarine batteries : The company manufactures submarine batteries for a wide range of submarine designs, such as Russian (Foxtrot/Romeo/ Kilo/636/Amur classes), German (209 class), French (Scorpene class) and indigenous (Nuclear) submarines. Inverter batteries and Home UPS systems : The company manufactures tubular and flat plate inverter batteries. Under home UPS systems, the company manufactures higher KVA and lower KVA lead acid batteries. Major Highlights of FY19 • In June 2018, Exide and Leclanché SA announced a joint venture to build lithium-ion batteries. With this, the company has entered into lithium-ion batteries industry to provide energy storage systems for India’s electric vehicle market and grid-based applications. • In November 2018, the company launched a new range of next generation online UPS named Power NXT for small office, home office segment and large format retailers. • The company reported revenue from operations of ` 105.88 bn as on March 31, 2019. Financial Snapshot (In ` mn) Total Income 95,182.1 Net Profit 6,683.5 Networth 53,893.1 Ratios NPM (%) 7.0 RONW (%) 12.4 Current Ratio (times) 1.8 (As on Mar 31, 2018) Management Details Chairman & Independent Director Bharat Dhirajlal Shah Vice Chairman & Non-Executive Director R B Raheja Managing Director & CEO Gautam Chatterjee Deputy Managing Director Subir Chakraborty Director – Automotive Arun Mittal Director – Finance & CFO A K Mukherjee Address & Website Exide House, 59 E, Chowringhee Road, Kolkata - 700020, WB www.exideindustries.com Gautam Chatterjee Managing Director & CEO Dun & Bradstreet D-U-N-S® No 65-005-8019 Top 500 Ranking Income 108 Net Profit 126 Networth 123 D un & Bradstreet