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Amara Raja Energy & Mobility Ltd.

ARE&MConsumer Discretionary filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

4 transcript(s)/analyst meet(s) served; 2 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 4 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202006082020-03-31yes
TRANSCRIPT202408092024-06-30yes
COVER_LETTER202411122024-09-30no
TRANSCRIPT202506042025-03-31yes
TRANSCRIPT202508222025-06-30yes
TRANSCRIPT202511122025-09-30yes
TRANSCRIPT202606022026-03-31yes
DUPLICATE202606022026-03-31no
TRANSCRIPT202608142026-06-30yes

ARE&M

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close795.40
52-week range672.45 – 1016.45
Return 1M-13.62%
Return 3M-4.72%
Return 1Y-20.67%
Return 3Y24.93%
Return 5Y8.1%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations4,215.00
Other income20.00
Total income4,234.00
Cost of materials consumed2,352.00
Purchases of stock-in-trade391.00
Changes in inventories233.00
Employee benefit expense267.00
Finance costs12.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.330.00
institutions foreign0.170.00
institutions domestic0.15-0.02
mutual funds0.06-0.01
public0.670.00

Documents on file

ClassMost recentOn file
COVER_LETTER2024-09-301
DUPLICATE2026-03-311
TRANSCRIPT2026-06-307

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations2,700.002,638.002,429.002,796.002,959.003,044.002,908.003,263.003,251.003,272.003,060.003,401.003,467.003,410.003,536.004,215.00
Other income24.0027.0025.0023.0029.0024.0033.0030.0025.0035.0026.0018.0028.0033.0027.0020.00
Total income2,724.002,664.002,454.002,819.002,989.003,068.002,941.003,293.003,276.003,307.003,086.003,420.003,495.003,443.003,563.004,234.00
Cost of materials consumed1,740.001,824.001,490.001,546.001,873.002,001.001,607.001,693.001,836.002,043.001,716.001,801.002,096.002,247.002,205.002,352.00
Purchases of stock-in-trade139.0054.00154.00383.00293.00180.00313.00489.00388.00288.00392.00584.00288.00175.00207.00391.00
Changes in inventories-2.00-121.00-16.0062.00-127.00-114.00-11.0064.00-29.00-142.00-57.00-1.00-82.00-156.0011.00233.00
Employee benefit expense151.00161.00147.00164.00170.00177.00176.00202.00208.00212.00201.00222.00251.00236.00246.00267.00
Finance costs5.006.006.006.006.006.0011.009.0014.0011.0010.0011.009.0010.0015.0012.00
Depreciation and amortisation102.00115.00114.00111.00116.00116.00123.00123.00127.00132.00144.00142.00150.00157.00158.00159.00
Other expenses314.00325.00317.00289.00350.00369.00413.00379.00415.00467.00466.00431.00540.00535.00481.00566.00
Total expenses2,449.002,364.002,213.002,561.002,679.002,736.002,632.002,958.002,959.003,009.002,873.003,191.003,252.003,203.003,323.003,979.00
Profit before exceptional items and tax275.00301.00241.00258.00310.00332.00309.00335.00317.00298.00213.00229.00243.00240.00240.00255.00
Exceptional items0.000.00-48.000.000.000.000.000.000.00111.000.000.00122.00-48.00181.000.00
Profit before tax275.00301.00194.00258.00310.00332.00309.00335.00317.00409.00213.00229.00365.00192.00421.00255.00
Current tax71.0076.0058.0064.0082.0086.0086.0067.0066.00128.0066.0057.0094.0061.00110.0070.00
Deferred tax3.003.00-4.002.001.00-8.00-7.0019.0016.00-18.00-15.007.00-6.00-8.00-3.00-6.00
Tax expense74.0079.0054.0066.0083.0078.0080.0086.0081.00110.0051.0064.0088.0052.00107.0064.00
Profit for the period201.00222.00139.00192.00226.00255.00230.00249.00236.00298.00162.00165.00276.00140.00314.00191.00
Profit attributable to owners201.00222.00139.00192.00226.00255.00230.00249.00236.00—0.000.00276.00140.000.000.00
Profit attributable to non-controlling interests0.000.000.000.000.000.000.000.000.00—0.000.000.000.000.000.00
Other comprehensive income110.00-2.001.00-2.00-1.001.00-4.0056.0020.00-132.00-108.00-1.003.00-0.006.00-3.00
Total comprehensive income311.00220.00140.00190.00225.00256.00226.00305.00255.00167.0054.00164.00279.00140.00321.00188.00
Earnings per share, basic11.7812.998.1611.2513.2514.9112.5513.6112.8716.308.839.0015.117.6617.1710.43
Earnings per share, diluted11.7812.998.1611.2513.2514.9112.5513.6112.8716.308.839.0015.117.6617.1710.43

Annual results, as filed

Line2020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations6,839.007,150.008,697.0010,388.0011,708.0012,846.0013,814.00
Other income55.0087.0078.0092.00110.00116.00106.00
Total income6,894.007,237.008,775.0010,480.0011,819.0012,962.0013,920.00
Cost of materials consumed4,219.004,383.005,969.006,639.006,883.007,287.008,350.00
Purchases of stock-in-trade176.00430.00474.00487.001,168.001,556.001,254.00
Changes in inventories52.00-68.00-322.0061.00-192.00-164.00-228.00
Employee benefit expense386.00427.00499.00592.00735.00823.00955.00
Finance costs12.0011.0015.0022.0034.0044.0045.00
Depreciation and amortisation301.00319.00396.00427.00484.00526.00607.00
Other expenses908.00863.001,053.001,257.001,456.001,727.001,987.00
Total expenses6,054.006,364.008,084.009,485.0010,569.0011,800.0012,969.00
Profit before exceptional items and tax841.00873.00691.00995.001,250.001,162.00952.00
Exceptional items0.000.000.00-48.000.00111.00255.00
Profit before tax841.00873.00691.00947.001,250.001,273.001,207.00
Current tax232.00230.00188.00248.00329.00326.00321.00
Deferred tax-52.00-3.00-9.004.00-13.003.00-10.00
Tax expense180.00227.00179.00253.00316.00328.00311.00
Profit for the period661.00647.00513.00695.00934.00945.00896.00
Profit attributable to owners———695.00934.000.000.00
Profit attributable to non-controlling interests———0.000.000.000.00
Other comprehensive income-9.00-7.001.00110.00-6.00-164.008.00
Total comprehensive income651.00640.00513.00805.00928.00781.00904.00
Earnings per share, basic38.6937.8730.0140.6651.0551.6248.95
Earnings per share, diluted38.6937.8730.0140.6651.0551.6248.95

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets6,945.007,124.007,864.008,978.0010,040.0010,168.0010,847.0011,457.00
Non-current assets3,826.003,716.003,887.005,108.005,904.005,922.006,294.006,924.00
Current assets3,119.003,408.003,976.003,869.004,136.004,247.004,553.004,533.00
Property, plant and equipment2,669.002,890.002,981.003,318.003,369.003,532.003,999.004,192.00
Capital work-in-progress694.00248.00282.00626.001,110.001,298.001,201.001,585.00
Goodwill0.000.0027.00436.00436.00436.00436.00436.00
Other intangible assets70.0066.0061.0054.0059.0047.0037.0029.00
Inventories1,561.001,702.001,761.001,948.002,064.002,195.002,504.002,515.00
Trade receivables966.00887.001,126.001,136.001,139.001,263.001,323.001,243.00
Cash and cash equivalents81.0095.00116.0098.00174.00158.0040.00226.00
Total equity and liabilities6,945.007,124.007,864.008,978.0010,040.0010,168.0010,847.0011,457.00
Equity4,989.005,299.005,660.006,799.007,266.007,389.007,737.008,099.00
Equity share capital17.0017.0017.0018.0018.0018.0018.0018.00
Other equity4,972.005,282.005,643.006,780.007,248.007,371.007,719.008,081.00
Total liabilities1,956.001,825.002,204.002,179.002,774.002,779.003,110.003,358.00
Non-current liabilities369.00373.00380.00454.00479.00466.00541.00595.00
Current liabilities1,587.001,452.001,824.001,725.002,296.002,313.002,569.002,762.00
Borrowings, non-current17.0010.0010.0026.000.000.000.000.00
Borrowings, current7.007.007.0027.00217.00145.00189.00276.00
Trade payables912.00757.001,044.00856.001,060.001,087.001,282.001,184.00

Cash flow, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities667.00914.00664.001,266.00865.001,351.00529.001,118.00
Net cash from investing activities-595.00-754.00-569.00-1,020.00-831.00-1,132.00-567.00-924.00
Net cash from financing activities-26.00-100.00-74.00-242.0041.00-160.00-80.00-126.00
Purchase of property, plant and equipment278.00492.00309.00871.00622.001,200.00642.001,341.00
Net increase in cash46.0060.0021.003.0076.0059.00-117.0068.00
con:CFO.BEFORE_TAX760.001,155.00807.001,604.001,011.001,682.00647.001,424.00
con:INTEREST_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING93.00240.00143.00338.00146.00331.00118.00306.00
con:CF_OTHER.OPERATING0.000.000.000.000.000.000.000.00
con:INVESTMENTS_PURCHASED78.0078.00132.000.000.000.000.000.00
con:INVESTMENTS_SOLD0.000.000.000.000.000.000.000.00
con:PPE_DISPOSALS0.001.001.003.003.008.001.003.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.00132.000.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group28.0628.0628.0628.0632.8632.8632.8632.8632.8632.860.330.330.330.33
Domestic institutions9.2110.4716.8117.9215.3514.5515.3614.8114.5814.000.160.170.170.15
Mutual funds—————————5.670.070.070.070.06
Insurance companies0.000.007.2511.3210.379.118.437.978.107.840.090.100.090.09
Foreign institutions36.1935.2224.6424.0024.4523.8422.3421.8220.7019.390.180.170.170.17
Public71.9471.9471.9471.9467.1467.1467.1467.1467.1467.140.670.670.670.67
Non-institutional26.5426.2530.4830.0127.3328.7529.4430.5131.8533.750.330.330.330.34
Shares outstanding170812500170812500170812500170812500183025364183025364183025364183025364183025364183025364183025364183025364183025364183025364

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Amara Raja Infra Private Limited (ARIPL)Common DirectorsAdvance, Any other transaction, Interest received, P2,725,500,000.0016
Mangal Industries Limited (MIL)PromoterAdvance, Any other transaction, Interest received, P2,262,000,000.0013
Amara Raja Electronics Limited (AREL)Common DirectorsAdvance, Any other transaction, Interest received, P961,400,000.0012
Mr. Jayadev GallaPromoter/KMPAny other transaction, Remuneration, Sale of goods o388,800,000.005
Amara Raja Advanced Cell Technologies Private Limited(ARACTPWholly owned subsidiaryAny other transaction, Interest received, Purchase o291,700,000.0011
Amara Raja Circular Solutions Private Limited (ARCSPL)Wholly owned subsidiaryAny other transaction, Sale of fixed assets247,600,000.003
Amara Raja Power Systems Limited (ARPSL)Wholly owned subsidiaryAny other transaction, Purchase of goods or services186,600,000.003
Harshavardhana GourineniPromoter/KMPAny other transaction, Remuneration181,300,000.002
Vikramadithya GourineniPromoter/KMPAny other transaction, Remuneration181,300,000.002
Rajanna FoundationEntity in which KMP/Relative of KMAny other transaction78,000,000.001
Amara Raja Educational SocietyEntity in which KMP/Relative of KMAny other transaction50,200,000.001
Amara Raja Batteries Middle East (FZE)Wholly owned subsidiaryAny other transaction, Purchase of goods or services46,700,000.003
Dr. G RamadeviPromoter/Relative of KMPAny other transaction24,400,000.003
RN Galla Family Private Limited (RFPL)PromoterAny other transaction, Interest received, Purchase o11,800,000.005
Dr. Ramachandra N GallaPromoter/Relative of KMPAny other transaction3,200,000.002

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-06-02Q4FY26ENERGY & MOBILITY LIMITEDRead the call
2025-08-22Q1FY26Read the call
2025-06-04Q4FY25ENERGY & MOBILITY LIMITEDRead the call
2020-06-08Q4FY20Read the call

What they said about it, quarter by quarter

TopicQ1FY26Q4FY20Q4FY25Q4FY26
CapexAs far as capex is concerned, I think we continue to project about INR1,200 crores to INR1,300 crores of capex for the current fiscal.Firstly on the capex front you talked about expansion on the four wheeler side I think there was some expansion going on, on the two wheeler battery a…And also, as Harsha was mentioning, some of the throughput enhancement, for example, you would have seen in the presentation that we have placed in th…And in the INR9,500 crores-odd capex that you have planned, what is the ROCE you've underwritten?
Capital allocationMy question is that, as Amara Raja scales its New Energy business and deepens its focus on advanced chemistry, how are you approaching talent acquisit…Going forward over the next two, three years I am sure it will start paying dividend in terms of the operational performance of the company.——
CostsRecently, we have seen some uptick at the raw material level, but we are yet to see that translating into price change at the cell level.On the material savings any numbers you can give say X percentage of raw material cost saved?And are you facing any further cost pressures in the coming quarters?My second question was you referred to the raw material input cost inflation.
Debt and cashTo that extent, the overall working capital burden that will be there on the company also will come down.—It may change by maybe about 15%, 20% in terms of cash flow.—
DemandAnd during the current quarter, the OEM demand was robust along with the aftermarket growth in the 4-wheeler as well as 2- wheeler segments.Maybe this is because of five-six weeks of freezing of economic activity, a bit of pent-up demand is reappearing and May month has seen reasonable tra…So all this should give us more help in the coming period, we'll be able to meet higher demand requirements without much of a capex getting invested i…And when I look at what the industry says, there are announcements, if I Amara Raja Energy and Mobility Limited May 26, 2026 tally up about 290 gigawa…
GuidanceSo as far as the overall New Energy business is concerned, the revenue was about INR122 crores, where it was aided by a very strong growth on the stor…Okay Sir and Sir lastly in terms of telecom segment over the last four years it is declining, now that probably bandwidth consumption has gone up duri…We expected about 40 bps impact because of the fuel cost going up.And also, if you can share your thoughts on outlook for FY '27 in Replacement and Industrial segments, that will be helpful?
MarginIf I adjust it for the lithium revenues that come into the stand-alone financials, the EBITDA margin is around 11.7% or so.My question is that in FY2020 we did see better mix, which contributed to gross margin expansion.Could you give us some details in terms of how those margin levers will work?But if we can look at that kind of cost disadvantage getting factored, if we can achieve a scale of about 8 to 10 gigawatt hour, we see that there is …
People—Compared to pre-lockdown utilization level across different segments what kind of level now we have reached in the utilization of plant?—So how does that play into your utilization equation and customer conversations?
PricingSo just wanted to understand how much is the under recovery, whether more price hikes will be taken and whether traded mix will also normalize in the …We lost it for a couple of years in between because of pricing issues, but I think the continued collaboration with customers and offering them soluti…Sir, on the pricing, can you also mention how much increase we have done?So as you know, Raghu, about 70% of the material is between lead and alloys and naturally alloys like tin, antimony, all these are showing increasing …
Revenue growthDuring the Q1 of FY '26, the consolidated revenues stood at INR3,401 crores, that's a growth of about 4% over the previous year, whereas on a quarter-…—And if we sees our revenue growth from 2015 to '16, revenue growth has grown more than 3 to 4x and our bottom line also growing in the similar lines.Congratulations on the good revenue growth in challenging times.