Quick Take | Eveready: Stake sale positive, but other issues remain

Confectionery business should add Rs 100-150 cr by FY20: Eveready

Eveready Industries India had a mixed set of results in Q3, revenue growth was steady but margins took a hit. In an interview to CNBC-TV18, Amritanshu Khaitan, MD of Eveready discussed the company's Q3 performance.

July sales have been encouraging, things will normalise by end of Q2: Eveready

Eveready Industries India posted a subdued set of earnings in Q1 as EBITDA margins were weak and battery volumes took a hit because of goods and services tax (GST). In an interview to CNBC-TV18, Amritanshu Khaitan, MD of Eveready India spoke about the results and his outlook for the company.

Will take price hikes in AA & AAA batteries: Eveready

In an interview to CNBC-TV18, Amritanshu Khaitan, MD of Eveready India spoke about the results and his outlook for the company. The company is in the process of implementing certain price hikes in AA and AAA categories to mitigate the cost pressure which has impacted margins in Q4, he said.

Battery volumes to grow by 3-4%, topline by 7-8%: Eveready India

Amritanshu Khaitan, MD of the company said flashlight and battery business was impacted due to demonetisation. However, both the businesses will show see huge growth in volumes in FY18.

LED biz growing; expect better topline growth by Q4: Eveready

"Because of better margins in the LED segment and better efficiencies in manufacturing, in the battery segment, the company has been able to post its highest ever operating margin in the recent few quarters", Amritanshu Khaitan, MD of Eveready India told CNBC-TV18.

Eveready hit by low volumes, LED product delays in Q1: MD

Amritanshu Khaitan, Managing Director of Eveready India, attributes to the flat topline growth in the first quarter to lower batter volumes and a revenue hit on account of some delays in commissioning of LED products.

Aim at doubling LED sales to Rs 250 cr in FY17: Eveready Ind

The company is planning a large capex for the battery business to the tune of Rs 100 crore and plan to set up a 400-million plant in Assam.

Expect LED biz to go from 7% to 20% by next year: Eveready

In an interview with CNBC-TV18, Amritanshu Khaitan, MD of Eveready India, discussed the company's third quarter earnings and shared details about a government order in which it would supply seven million LED bulbs.

Aim 11% margins, 15% growth for FY16: Eveready

The company reported a 49.9 percent jump in net profit at Rs 15.89 crore for Q1FY16 as against Rs 10.6 crore for the corresponding period last fiscal.

See 10-15% rev growth for FY16, no price hikes: Eveready

Currently the company is not looking at price increases at least upto July but will continue to watch raw material prices and currency movements, said Amritanshu Khaitan, ED, Eveready India.

See 10% EBITDA margins for FY15: Eveready India

Amritanshu Khaitan, ED, Eveready India is confident of seeing a double-digit growth number in FY16.

See topline grow 10-15%, margins at 10% for FY15: Eveready

The small cap company is expecting its sales growth to increase to 13-15 percent in H2 FY15. ED Amritanshu Khaitan believes the growth is stable in battery segment with the AAA segment growing at 15-20 percent.

Eveready sees 10-15% revenue growth in FY15

Going forward into next financial year, Eveready seems very confident to keep growing the companies topline by 10-15 percent again next year and EBITDA expansion should also take place.

Will maintain margins, improve sales to 15% in H2: Eveready

Eveready Industries' Amritanshu Khaitan is upbeat on the company's growth and hopes to maintain margins of 8 percent in H2FY14. Also, good monsoons and compulsory digitisation will further improve the growth of the company, he adds.

Eveready expects sales to jump 10-15% in FY14

Speaking on the back of Q4 results for FY13, Amritanshu Khaitan told CNBC-TV18 that he expected a turnover growth of 10-15 percent for FY14. With better operations, he expects a better bottomline for FY14.

Target better margins by hiking products' price: Eveready

After launching new products like smartphone chargers and lighting products, Eveready says it is aiming at a 10-15 percent revenue growth in FY14.

See margins at current levels till FY13-end: Eveready

Eveready posted a near 31 percent decline in net profit to Rs 2.08 crore for the quarter ended September 30 compared with Rs 3.03 crore in the year-ago period. Its net sales grew 12 percent to Rs 286.64 crore. During the same period last year, net sales stood at Rs 255.93 crore.

Eveready may further hike prices in July

Deepak Khaitan, Executive Vice Chairman of Eveready India, in an interview with CNBC-TV18's Udayan Mukherjee, gave his perspective of the fourth quarter performance and their divulged future plans.

Looking at inorganic acquisition in India: Eveready Inds

In an interview with CNBC-TV18, Deepak Khaitan, Executive Vice Chairman, Eveready Industries, spoke about the results and his outlook for the company.