Amara Raja Energy & Mobility Ltd (ARE)

Amara Raja Batteries Limited [1] (ARBL), the flagship company of the Amara Raja Group, is the technology leader and is one of the largest manufacturers of lead-acid batteries for both industrial and automotive applications in the Indian storage battery industry. ARBL has prestigious OEMs as its clients. The Company's Industrial and Automotive batteries are exported to over 50 countries across the globe. In India, Amara Raja is the preferred supplier to major telecom service providers, Telecom equipment manufacturers, UPS sector (OEM & Replacement), Indian Railways and to Power, Oil & Gas among other industry segments. Termination of Shareholders Agreement (tie up) with Johnson Control [2]

Key Ratios

• Current Price: INR 915.0
• Price Change: -0.54%
• Market Capitalization: 16739.0 Cr
• P/E Ratio: 20.7
• Book Value: INR 425.0
• Dividend Yield: 1.15%
• ROCE: 16.8%
• ROE: 12.3%
• Face Value: INR 1.0

About Business

Amara Raja Batteries Limited [1] (ARBL), the flagship company of the Amara Raja Group, is the technology leader and is one of the largest manufacturers of lead-acid batteries for both industrial and automotive applications in the Indian storage battery industry. ARBL has prestigious OEMs as its clients. The Company's Industrial and Automotive batteries are exported to over 50 countries across the globe. In India, Amara Raja is the preferred supplier to major telecom service providers, Telecom equipment manufacturers, UPS sector (OEM & Replacement), Indian Railways and to Power, Oil & Gas among other industry segments. Termination of Shareholders Agreement (tie up) with Johnson Control [2]

Key Points

Business Segments [1] [2] [3] [4] 1. Lead Acid Batteries (96% in Q3 FY25 vs 98% in FY23): The company is one of the largest lead-acid battery (LAB) manufacturers for industrial and automotive applications in India’s storage battery industry. a) Automotive Batteries: It is a leading player in the Indian battery industry, known for its popular Amaron brand, the country's largest-selling aftermarket automotive battery brand. It is the largest exporter of automotive Batteries. It manufactures batteries for 2W, 3W, 4W & CVs. Brands include Amaron, Powerzone, and Elito. It serves customers, including Maruti Suzuki, Tata Motors, Hyundai, Honda, Eicher, Mahindra, Ashok Leyland, and many more. b) Industrial Batteries: It is a pioneer in manufacturing Valve Regulated Lead Acid (VRLA) batteries in India, offering a wide range of industrial batteries catering to various segments like UPS, Telecom, Railways, etc. It is a market leader in the Telecom sector and the largest exporter of VRLA batteries. Brands include Power Stack, Amaron Sleek, Amaron Volt, Amaron Brute, Amaron Quanta, and Li-on. It serves customers, including Indus Tower, BSNL, Airtel, ABB, Infosys, Indian Railways, and many more. [5]