Amara Raja Energy & Mobility logo

Amara Raja Energy & Mobility share price

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Amara Raja Energy & Mobility Limited · Formerly Amara Raja Batteries · Face value ₹1 · Listed Sep 2003
Last close ₹686.85down ₹17.25 (2.45%)BSE ₹686.85

Share price at the NSE close on 30 Oct 2026. Previous close ₹704.10.

30 Oct: open ₹702.00, high ₹702.00, low ₹685.00

52-week range of traded prices to 30 Oct 2026
₹670.00Low, 30 Mar 2026₹1,023.00High, 31 Oct 2025
Market cap
₹12,571 Cr417th largest listed
P/E
13.64
P/E without one-offs
18.86
P/B
1.55
Dividend yield
1.54%
ROE
11.9%
ROE without one-offs
8.6%
ROCE
10.9%
Debt to equity
0.03
Volume, NSE
4,44,375

Amara Raja Energy & Mobility share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−32.4%over a year

Results20-session average 3,53,475 shares a day, 47.6% delivered

About Amara Raja Energy & Mobility

Amara Raja Energy & Mobility Limited makes lead-acid batteries for vehicles and industry, and sells automotive and home inverter batteries and lubricants under brands including Amaron, PowerZone, Quanta and Power Stack.1 Its batteries serve vehicles, telecom networks, UPS (uninterruptible power supply) systems, Indian Railways, material handling and power utilities.1 It is also building a business in lithium-ion cells, battery packs, EV chargers and energy storage systems.2

Its wholly owned subsidiaries include Amara Raja Advanced Cell Technologies, which makes lithium-ion cells and battery packs, Amara Raja Power Systems, which makes chargers and power systems, and Amara Raja Circular Solutions, which is setting up a battery recycling facility.34 Its own battery plants are at Karakambadi and the Amara Raja Growth Corridor in Andhra Pradesh.5 Its automotive batteries, sold as Amaron, PowerZone and ELITO, reach customers in more than 70 countries across Asia Pacific, the Middle East, Africa, Europe and the Americas.6

It was incorporated in 1985.7 Jayadev Galla is its Chairman, Managing Director and CEO, and its promoters held 32.86% of its shares at the end of June 2026.78

Amara Raja Energy & Mobility key points

Results

  • In the quarter to Jun 2026, consolidated revenue from operations was ₹42,145 million, up 23.9% from ₹34,011 million a year earlier. EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹4,059 million, a 9.6% margin, and profit after tax ₹1,909 million.91011
  • In the year to Mar 2026, consolidated revenue from operations was ₹1,38,140 million, against ₹1,28,463 million a year earlier; the EBITDA margin was 10.8%, against 12.6%, and profit after tax ₹8,958 million, against ₹9,447 million.12
  • Profit for the year to Mar 2026 included net one-time income of ₹2,553 million: insurance claims on the tubular battery plant, net of a ₹476 million labour code charge.13

Market position

  • In the quarter to Jun 2026, the company held over 60% of the telecom battery market on a combined basis, as the company states it.14
  • In UPS batteries for manufacturing industries, its market share rose from 55% to 60% in the year to Mar 2026.15

Business segments

  • Lead-acid batteries (about 95% of revenue). Lead-acid revenue grew about 22% in the quarter to Jun 2026; aftermarket (replacement) battery volumes rose about 15%, and volumes sold to vehicle makers about 24% for 4-wheelers and over 35% for 2-wheelers.16
  • New Energy (non-lead-acid products, including lithium-ion). New Energy revenue was about ₹209 crore in the quarter to Jun 2026, up more than 70%, with electric-vehicle and telecom pack volumes each up more than 50%.171819
  • Home energy. The home energy business, including tubular batteries (heavy-duty batteries for home power backup), grew more than 60% in the quarter to Jun 2026; traded batteries (bought from other makers) were about 15% of lead-acid revenue.20
  • Industrial batteries. Industrial lead-acid revenue grew about 2% in the quarter to Jun 2026; UPS battery volumes rose about 10% while telecom lead-acid volumes fell as users move to lithium-ion.21

Where revenue comes from

  • Automotive export revenue fell about 20% in the quarter to Jun 2026 on lower Middle East volumes.22
  • On its earnings call of 11 Aug 2026, the company said it expects to recover its Middle East volumes in the subsequent quarters.22

Plants and capacity

  • Annual lead-acid battery capacity2324
    Itemyear to Mar 2026
    4-wheeler batteries25 million units
    2-wheeler batteries45 million units
    Tubular batteries1.8 million units
    VRLA (sealed valve-regulated) batteries2.4 billion ampere-hours
    Amara Raja Energy & Mobility itself has 10 manufacturing plants.
  • The Cheyyar, Tamil Nadu, recycling plant has refining capacity of 100,000 metric tonnes a year, eventually 150,000; battery breaking there began in February 2026 and is being ramped up.2526
  • The lithium-ion pack assembly plant at Divitipally has 1.5 GWh of fully operational capacity for 2-wheeler and 3-wheeler packs; the company lists a further 1.2 GWh of capacity for stationary uses.27

Expansion and capital spending

  • On its earnings call of 11 Aug 2026, the company said it expects capital spending of about ₹1,700 crore in the year to Mar 2027, about ₹1,300 crore on New Energy; about ₹450 crore was spent by June 2026.2829
  • In its presentation of 10 Aug 2026, the company said its Divitipally lithium-ion cell gigafactory should start a first 2 GWh phase in the quarter to Jun 2027 and reach 16 GWh by the year to Mar 2030.3031
  • On its earnings call of 11 Aug 2026, the company said capacity milestones could change with demand, while it still aims for 15% to 20% of the lithium cell market.32
  • On its earnings call of 11 Aug 2026, the company put the initial outlay for its 10 GWh battery energy storage system (BESS) factory at ₹250 crore to ₹300 crore and said it is on track.3334

Recent events

  • On 10 Aug 2026, the board approved investing a further ₹500 crore in Amara Raja Advanced Cell Technologies, beyond ₹2,000 crore already approved, and ₹50 crore more in Amara Raja Power Systems.35
  • On 15 Jul 2026, the company opened its Customer Qualification Plant, a multi-chemistry, multi-form-factor pilot facility for pilot production runs and product optimisation to meet customer requirements.36

Litigation and regulatory matters

  • On 18 Jul 2026, the Andhra Pradesh Pollution Control Board revoked its closure order of 30 Apr 2021 against the company, which withdrew its writ petition in the Andhra Pradesh High Court.37
  • On 14 Jan 2026, a Delhi GST appeals authority upheld a ₹11,03,08,991 tax demand and an equal penalty; on 19 Jan 2026 the company said it would appeal to the GST Tribunal once formed and had disclosed the liability as contingent (possible, not yet owed).38
  • On 29 Dec 2025, the income tax department raised a ₹15,26,97,878 demand, including interest; on 30 Dec 2025 the company said the demand is not maintainable, it is appealing, and the order has no impact on its financials.39

Last updated

All 39 sources, each with its page
  1. 1. Annual report, 17 Jul 2026, page 135
  2. 2. Annual report, 17 Jul 2026, page 25
  3. 3. Annual report, 17 Jul 2026, page 82
  4. 4. Annual report, 17 Jul 2026, page 83
  5. 5. Annual report, 17 Jul 2026, page 8
  6. 6. Annual report, 17 Jul 2026, page 19
  7. 7. Annual report, 17 Jul 2026, page 80
  8. 8. Investor presentation, 10 Aug 2026, page 31
  9. 9. Investor presentation, 10 Aug 2026, page 26
  10. 10. Investor presentation, 10 Aug 2026, page 25
  11. 11. Earnings call, 11 Aug 2026, page 4
  12. 12. Investor presentation, 10 Aug 2026, page 27
  13. 13. Investor presentation, 10 Aug 2026, page 27
  14. 14. Earnings call, 11 Aug 2026, page 3
  15. 15. Annual report, 17 Jul 2026, page 22
  16. 16. Earnings call, 11 Aug 2026, page 3
  17. 17. Earnings call, 11 Aug 2026, page 3
  18. 18. Earnings call, 11 Aug 2026, page 4
  19. 19. Investor presentation, 10 Aug 2026, page 9
  20. 20. Earnings call, 11 Aug 2026, page 3
  21. 21. Earnings call, 11 Aug 2026, page 3
  22. 22. Earnings call, 11 Aug 2026, page 3
  23. 23. Annual report, 17 Jul 2026, page 44
  24. 24. Annual report, 17 Jul 2026, page 43
  25. 25. Investor presentation, 10 Aug 2026, page 15
  26. 26. Annual report, 17 Jul 2026, page 24
  27. 27. Investor presentation, 10 Aug 2026, page 16
  28. 28. Earnings call, 11 Aug 2026, page 4
  29. 29. Earnings call, 11 Aug 2026, page 5
  30. 30. Investor presentation, 10 Aug 2026, page 19
  31. 31. Investor presentation, 10 Aug 2026, page 16
  32. 32. Earnings call, 11 Aug 2026, page 11
  33. 33. Earnings call, 11 Aug 2026, page 6
  34. 34. Earnings call, 11 Aug 2026, page 4
  35. 35. Exchange filing, 10 Aug 2026, page 1
  36. 36. Investor presentation, 10 Aug 2026, page 17
  37. 37. Earnings call, 11 Aug 2026, page 5
  38. 38. Exchange filing, 19 Jan 2026, page 2
  39. 39. Exchange filing, 30 Dec 2025, page 3

Results

Standalone, as consolidated accounts are on record for only 8 of the last ten years; ₹ crore.Amara Raja Energy & Mobility quarterly results

Revenue growth, 12 months
+12.7%
Net profit growth, 12 months
+7.2%

Quarter to Jun 2026, against the quarter before

Revenue
₹4,041 Crup 16.81%
Net profit
₹203 Crdown 37.08%
Net margin
5.0%

Revenue by quarter

₹3,136 CrSep 24₹3,164 CrDec 24₹2,974 CrMar 25₹3,350 CrJun 25₹3,388 CrSep 25₹3,351 CrDec 25₹3,460 CrMar 26₹4,041 CrJun 26
Peak revenue ₹4,041 Cr, quarter to Jun 2026; lowest ₹2,974 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

₹241 CrSep 24₹312 CrDec 24₹167 CrMar 25₹194 CrJun 25₹302 CrSep 25₹152 CrDec 25₹322 CrMar 26₹203 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue3,1363,1642,9743,3503,3883,3513,4604,041
Net profit241312167194302152322203
Net margin7.7%9.9%5.6%5.8%8.9%4.5%9.3%5.0%
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Lead acid batteries and allied products₹13,005 Crup 5.35%94.1%
  • New energy business₹809 Cr5.9%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.Amara Raja Energy & Mobility PE ratio and valuation

Price to earnings

At or below today's level on 33% of 2,348 trading days over the last 10 years.

LowestHighest
Its median21.81Industry median23.74
Price to book

At or below today's level on 0.1% of 1,948 trading days since Nov 2018.

LowestHighest
Its median2.54Industry median2.81
Dividend yield

At or below today's level on 87% of 2,479 trading days over the last 10 years.

LowestHighest
Its median0.89%Industry median0.61%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−31.4%+0.7%−33.4%1.6%
3 years+6.4%+9.3%−3.8%1.3%
5 years−3.5%+7.0%−10.9%1.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2025 and Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Amara Raja Energy & Mobility shareholding pattern

Shareholding by group

  • Promoters32.86%
  • Foreign institutions17.24%
  • Indian institutions14.93%
  • Individuals and others34.97%
Holder
Amara Raja Enterprises Private Limited (formerly RNGalla Family Private Limited)Promoter32.86%
NALANDA INDIA EQUITY FUND LIMITEDForeign portfolio investors, category I8.67%
LIFE INSURANCE CORPORATION OF INDIA - P & GS FUNDInsurance companies7.87%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.10 pts, Indian institutions −0.37 pts, mutual funds −0.38 pts.

Mutual fund holdings

80 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 58 of the 65 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 80 funds holding Amara Raja Energy & Mobility

Bought again
1
Added
24
Cut
41
Held unchanged
14
Sold out
4
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Amara Raja Energy & Mobility competitors and peers

Auto Components & Equipments, 155 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Amara Raja Energy & Mobility in market cap.Automobile companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Minda Corporation logoMinda CorporationMINDACORP15,12130.185.72+26.6%+95.3%20.7%13.8%0.22%
Lumax Auto Technologies logoLumax Auto TechnologiesLUMAXTECH13,78638.019.82+32.8%+71.5%29.5%22.4%0.27%
SEDEMAC Mechatronics logoSEDEMAC MechatronicsSEDEMAC13,777–30.67––––0.00%
CIE Automotive India logoCIE Automotive IndiaCIEINDIA13,38414.351.73+12.4%+15.3%12.7%13.6%1.98%
Ramkrishna Forgings logoRamkrishna ForgingsRKFORGE12,005112.313.65+8.5%–3.4%6.4%0.15%
Varroc Engineering logoVarroc EngineeringVARROC11,70659.356.58+14.7%+47.3%11.8%20.4%0.20%
ASK Automotive logoASK AutomotiveASKAUTOLTD11,16435.298.52+27.9%+23.2%26.9%23.0%0.33%
JBM Auto logoJBM AutoJBMA11,06048.056.83+15.9%+10.5%15.2%13.0%0.18%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Amara Raja Energy & Mobility dividend history

Dividend per share, ₹, restated for later splits and bonuses

4.3Mar 174.2Mar 187.1Mar 1911Mar 2011Mar 214.5Mar 226.1Mar 239.9Mar 2411Mar 2511Mar 26
Highest ₹11.00 a share, years to Mar 2020 and Mar 2021.
Ex-dateTypePer share
27 Jul 2026Final₹5.20
13 Nov 2025Interim₹5.40
1 Aug 2025Final₹5.20
14 Nov 2024Interim₹5.30
18 Jul 2024Final₹5.10
10 Nov 2023Interim₹4.80
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Amara Raja Energy & Mobility announcements

Amara Raja Energy & Mobility share price by year

Each calendar year to 2025.Amara Raja Energy & Mobility share price history

YearClose at year endChangeHighest closeLowest close
2025909.55−24.2%1,210.50894.90
20241,199.95+47.1%1,714.95748.35
2023816.00+42.7%820.45554.95
2022571.75−10.3%664.00445.30
2021637.15−31.0%1,013.75591.40
2020923.95+27.6%958.10380.15
2019724.35−2.5%785.20581.40
2018742.85−11.6%891.80697.45
2017840.20−3.5%937.70680.85
2016870.30+1.0%1,063.70787.95
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
29 Oct 2026708.90709.70688.05704.10696.275,55,98339.3%
28 Oct 2026709.50718.75703.55708.90711.212,91,05441.6%
27 Oct 2026694.35719.50691.00713.10707.934,14,54949.4%
26 Oct 2026683.80698.00678.00693.75689.153,11,16447.0%
23 Oct 2026700.00700.05683.00687.20687.294,47,11148.1%
22 Oct 2026712.35715.00698.15701.20703.273,78,14152.9%
21 Oct 2026732.90734.95709.60712.05717.293,78,42256.9%
19 Oct 2026743.55745.35731.00732.90736.232,56,66548.5%
16 Oct 2026737.70749.35734.15743.00742.792,73,05341.2%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
25 Sep 2012Split0.5000Each share became 2.
14 Oct 2008Bonus0.6667Holders received 1 bonus share for every 2 held.
19 Sep 2007Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details