Lead acid storage batteries are designed, produced, marketed, and sold by Exide Industries Limited both domestically and abroad. In August 1995, the company changed its name from Chloride Industries Ltd. to Exide Industries Limited. based in Kolkata, India. It is India’s biggest producer of lead-acid storage batteries and supplier of power storage systems.
Exide Industries – Quick Overview
| Particular | Details |
| Company Name | Exide Industries Limited |
| Type | Public Listed Battery Manufacturing Company |
| Industry | Storage Batteries & Power Solutions |
| Founded / Incorporated | 1947 (establishment of manufacturing unit) |
| Headquarters | Kolkata, West Bengal, India |
| Chairman | Sridhar Gorthi (Chairman & Independent Director) |
| MD & CEO | Avik Kumar Roy |
| Core Business | Design, manufacture, marketing & sale of lead-acid storage batteries and energy storage solutions |
| Major Products / Services | Automotive batteries (2W, 3W, 4W), industrial batteries (telecom, power backup, solar), home UPS systems, inverter batteries, recycled lead & alloys, lithium-ion modules & packs |
| Technology & New Growth | Lithium-ion battery cell & pack manufacturing through Exide Energy Solutions Ltd (EESL) for EV & stationary applications |
| Manufacturing Footprint | 10 factories in India (Maharashtra, West Bengal, Uttarakhand, Tamil Nadu, Haryana, Gujarat) plus facilities/operations in Sri Lanka, UK & Singapore |
| Area Served | India & 60+ countries worldwide |
| Distribution Network | Extensive network of dealers, distributors and sub-dealers across India |
| Employees | Thousands (wide workforce across manufacturing, sales & R&D) |
| Stock Exchange Listing | BSE & NSE (NSE ticker: EXIDEIND) |
| CIN | L31402WB1947PLC014919 |
| Market Position | Largest manufacturer of lead-acid storage batteries in India with strong presence in automotive and industrial segments |
| Strategic Focus | Expansion in EV batteries & energy storage; boosting exports & technology innovation |
| Official Website | exideindustries.com |
Net Worth and Market Cap
The market capitalization or net worth of Exide Industries is INR 274.72 billion. 283.33 billion is the enterprise value.
Corporate Leadership
Exide Industries Limited is based in Kolkata, India, and was established in 1916. Among the company’s key personnel are Manoj Kumar Agarwal (CFO), Avik Kumar Roy (MD & CEO), and Sridhar Gorthi (Chairman & Independent Director).
Overview of Services
In addition to household UPS systems, integrated power backup systems, and e-rickshaw vehicles, it provides automotive, infrastructure, genset, solar, inverter, institutional UPS, and submarine batteries.
In addition, the company makes and distributes lithium-ion batteries, recovered lead and lead alloys, industrial battery chargers and rectifiers, energy storage systems, and non-conventional energy.
Through a network of distributors, it offers batteries under the Exide, Index, Black Panther, Dynex, SF Sonic, Digenite, Chloride, Jupiter, and CEIL brand names.
Scale of Operations
The Automotive and Industrial segments comprise the company’s operations. The company runs ten plants in five Indian states, two of which make residential UPS systems and eight of which make lead-acid batteries. Ahmednagar, Chinchwad, and Taloja in Maharashtra; Haldia and Shyamnagar in West Bengal; Roorkee and Haridwar in Uttarakhand; Hosur in Tamil Nadu; Bawal in Haryana; and Prantij in Gujarat are the locations of the industries. Additionally, Exide conducts business internationally through its subsidiaries and foreign affiliates and has production sites in Singapore, Sri Lanka, and the United Kingdom.
