Amara Raja Energy & Mobility Limited (500008) Earnings Call Transcripts

Amara Raja Energy & Mobility Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Amara Raja Energy & Mobility Limited reported a consolidated revenue of INR 3,530 crores, reflecting a 15% year-over-year growth. The Lead Acid Battery segment contributed 92% of total revenue, while the New Energy business generated INR 280 crores, marking a significant increase. Management maintained a cautious outlook for FY '27, projecting continued growth in the domestic automotive market, albeit tempered by geopolitical challenges affecting exports.

Reported metrics

Guidance from management

Management maintained a cautious outlook for FY '27, projecting continued growth in domestic automotive volumes but acknowledged potential headwinds from geopolitical challenges impacting exports.

What management said

I think it's possible, right? But if we look at this -- the notification you mentioned, this is actually Phase 2 of [ ALMM, ] right? So already after Phase 1, costs have increased, but it hasn't really slowed down the Indian renewable trajectory. I think these are -- when the entire industry eats the cost uniformly, the costs are -- the increase in cost is baked in and the industry moves accordingly. So I do believe ...

I think one picture we can keep in mind is if we ever approach a peak OE production of ICE vehicles, which we have, we have to remember that there's a tapering and there's a huge car parc product available for replacement. And I don't think -- it's clear we haven't approached that stage yet. So I think there's good growth ahead of us, challenging times, but those challenges bring good opportunities.

What analysts pressed on

Analysts expressed concerns regarding the sustainability of margins amidst rising raw material costs and the potential impact of geopolitical issues on export volumes. There were also questions about the competitive landscape in the New Energy sector and the long-term viability of Lead Acid Batteries as EV adoption increases.

Main topics on the call

• Strong Revenue Growth — The company achieved a consolidated revenue of INR 3,530 crores in Q4 FY '26, representing a 15% increase year-over-year. Management noted, "The current quarter has seen a robust growth from the Lead Acid Battery busines...
• New Energy Business Expansion — The New Energy segment reported INR 280 crores in revenue, growing 1.5x compared to the previous year. Management stated, "We have almost supplied 300-megawatt hour of telecom packs to various telecom players," indicatin...
• Margin Pressures — Despite revenue growth, the company faced cost pressures, with EBITDA margins at 11% for the quarter. Management highlighted, "We are able to sustain operating margins about 12% despite tremendous cost pressures that we ...
• Geopolitical Challenges Impacting Exports — Management noted muted growth in export volumes due to geopolitical issues, stating, "We have seen a muted growth in the export volumes of Automotive business." This could affect future revenue streams.

Read the full Amara Raja Energy & Mobility Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 17 Amara Raja Energy & Mobility Limited earnings call transcripts on record, spanning June 1, 2020 to August 11, 2026. Based on this history, Amara Raja Energy & Mobility Limited reports semi-annually. The most recent call on file is dated August 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

500008

Country

IN

Sector

Industrials

Industry

Electrical Equipment

Calls on record

17

First call

June 1, 2020

Most recent

August 11, 2026

Reporting cadence

semi-annually