Top 10 Battery Company in India

The battery industry in India is a critical sector supporting various applications from automotive to renewable energy storage. This article explores the top 10 battery companies in India, highlighting their market presence, innovations, and contributions to the industry.

The battery industry in India has seen significant growth over the decades, evolving from basic lead-acid batteries to advanced lithium-ion and other technology-driven solutions. Early developments laid the groundwork for a robust and diversified battery market.

Today, the battery market in India is characterized by high competition, rapid technological advancements, and increasing demand for efficient and sustainable energy storage solutions. Both domestic and international players are active in the market, driving innovation and expansion.

Top Battery Company List by Market Capitalisation

India has witnessed a rapid growth in the battery industry, with several companies emerging as key players in the market. In this blog post, we will explore the top 10 battery companies in India that are making waves in the industry.

Also Read: Top Solar Panel manufacturers in India listed companies

1. Exide Industries Ltd

• Market Cap: ₹ 41735.00 Cr.
• Sales (latest quarter): ₹ 4172.90 Cr.
• Net Profit (latest quarter): ₹ 185.70 Cr.
• Quarterly profit growth: 2.56 %
• Exchange: BSE, NSE
• Official Website: exideindustries.com

Exide Industries Limited is one of the oldest battery manufacturers in India and is a leading player in the automotive and industrial batteries segment. The company offers a wide range of batteries, including automotive batteries, industrial batteries, and home inverter batteries. With its strong research and development capabilities, Exide Industries Limited continues to innovate and improve their battery offerings.

Exide Industries Ltd was founded in 1947 and has a rich history of innovation and excellence. From its humble beginnings as a battery manufacturer, the company has expanded its operations to become a leading provider of batteries across various industries.

Over the years, Exide Industries Ltd has made significant advancements in battery technology. The company's commitment to research and development has led to the development of advanced battery solutions that meet the demands of various industries.

Exide Industries Ltd offers a wide range of products to cater to different industries. Some of its notable products include Automotive Batteries, Industrial Batteries, and Energy Storage Systems.

2. Amara Raja Energy & Mobility Ltd

• Market Cap: ₹ 22255.88 Cr.
• Sales (latest quarter): ₹ 2796.73 Cr.
• Net Profit (latest quarter): ₹ 228.03 Cr.
• Quarterly profit growth: 30.98 %
• Exchange: BSE, NSE
• Official Website: amararajabatteries.com

Amara Raja Batteries Limited is another well-established battery manufacturer in India. The company offers a wide range of automotive batteries, two-wheeler batteries, and energy storage solutions. Amara Raja Batteries Limited is known for its high-quality products and reliable performance. Their batteries are widely used in various sectors, including automobiles, renewable energy, and telecommunications.

AREM offers a wide range of products and services across the energy sector and mobility sector. Some key offerings include Electric Vehicles (EVs), Electric Vehicle Charging Infrastructure, Battery Manufacturing, Solar Power Solutions and Hybrid Vehicles.

3. HBL Power Systems Ltd

• Market Cap: ₹ 12777.63 Cr.
• Sales (latest quarter): ₹ 610.09 Cr.
• Net Profit (latest quarter): ₹ 81.21 Cr.
• Quarterly profit growth: 174.77 %
• Exchange: BSE, NSE
• Official Website: hbl.in

HBL Power Systems Ltd. is a well-known Indian company specializing in the design, development, and manufacture of a wide range of power solutions, including batteries, power electronics, and renewable energy systems. The company serves various sectors such as industrial, telecom, defense, and railways, both domestically and internationally.

HBL Power Systems Ltd was founded in the year 1990 with a vision to create cutting-edge power solutions that exceed customer expectations. Over the years, the company has successfully expanded its operations and established a strong presence in several key markets.

HBL Power Systems Ltd offers a wide range of products and services to cater to the power needs of various industries. Some key offerings include, Gas Turbines, Combined Cycle Power Plants, Renewable Energy Solutions, Power Distribution and Transmission and Maintenance and Service.

4. Eveready Industries India Ltd

• Market Cap: ₹ 2317.36 Cr.
• Sales (latest quarter): ₹ 280.90 Cr.
• Net Profit (latest quarter): ₹ 8.05 Cr.
• Quarterly profit growth: 155.94 %
• Exchange: BSE, NSE
• Official Website: evereadyindustries.com

Eveready Industries India Ltd. is a leading player in the Indian market, well-known for its batteries, flashlights, and lighting solutions. With a rich history and a strong brand presence, Eveready has become synonymous with quality and reliability in the power solutions sector.

Eveready Industries India Ltd was founded by Mahinder Jain, who was also known as the "Father of the Flashlight." The company initially manufactured dry batteries and flashlights and expanded its product line over the years to include batteries for automobiles, industrial equipment, and consumer appliances.

Eveready Industries India Ltd operates manufacturing facilities across India, including states like Tamil Nadu, Uttar Pradesh, and West Bengal. The company has a strong distribution network, ensuring the availability of its products across the country. Eveready Industries India Ltd also has a strong export presence, with its products reaching markets in over 50 countries.

5. High Energy Batteries (India) Ltd

• Market Cap: ₹ 673.23 Cr.
• Sales (latest quarter): ₹ 19.87 Cr.
• Net Profit (latest quarter): ₹ 4.70 Cr.
• Quarterly profit growth: -32.57 %
• Exchange: BSE
• official Website: highenergyltd.co.in

High Energy Batteries (India) Ltd. is a prominent Indian company specializing in the manufacture and supply of high-energy battery solutions for a range of applications, particularly in the defense and aerospace sectors. The company is known for its advanced technology and commitment to quality, making it a key player in the battery industry.

6. Indo National Ltd

• Market Cap: ₹ 421.80 Cr.
• Sales (latest quarter): ₹ 168.93 Cr.
• Net Profit (latest quarter): ₹ 9.08 Cr.
• Quarterly profit growth: 248.15 %
• Exchange: BSE, NSE
• Official Website: nippo.in

Indo National Ltd, popularly known by its brand name "Nippo," is a well-established Indian company known for manufacturing batteries, flashlights, and other consumer electrical products. The company has a long-standing reputation for quality and reliability in the Indian market.

We offer a wide range of electrical products to meet the diverse needs of customers worldwide. From energy-efficient LED lights to state-of-the-art circuit breakers, our products are designed to meet the highest industry standards.

7. Panasonic Energy India Company Ltd

• Market Cap: ₹ 376.43 Cr.
• Sales (latest quarter): ₹ 19.20 Cr.
• Net Profit (latest quarter): ₹ 1.07 Cr.
• Quarterly profit growth: 122.48 %
• Exchange: BSE
• Official Website: panasonicenergyindia.in

Panasonic Energy India Company Ltd (PEICL) is a leading energy solutions provider in India. The company offers a wide range of products and services to meet the growing demand for clean and sustainable energy in the country.

PEICL was established in 2010 as a joint venture between Panasonic Corporation, a Japanese multinational electronics company, and Tata Power, one of India's largest power companies. The idea behind forming this partnership was to collaborate on developing innovative energy solutions to address India's growing energy needs.

PEICL offers a wide range of products and services to cater to the diverse energy needs of customers in India. Some of their key offerings include Solar Solutions, Energy Storage Systems, Electrical Systems and Energy Management Systems.

8. Sungarner Energies Ltd

• Market Cap: ₹ 87.19 Cr.
• Sales (latest quarter): ₹ 10.47 Cr.
• Net Profit (latest quarter): ₹ 0.80 Cr.
• Quarterly profit growth: 0 %
• Exchange: NSE
• Official Website: sungarner.com

Sungarner Energies Ltd is a renewable energy company dedicated to harnessing the power of the sun and converting it into clean energy. With a strong commitment to sustainability, Sungarner Energies aims to contribute to the global fight against climate change by promoting the use of renewable energy sources.

Sungarner Energies offers a wide range of products and services to meet the diverse energy needs of our customers. Our product portfolio includes Solar panels, Solar systems, Solar battery storage and Solar services.

9. Luminous

• Market Cap: ₹  Cr.
• Sales (latest quarter): ₹  Cr.
• Net Profit (latest quarter): ₹  Cr.
• Quarterly profit growth:  %
• Exchange: BSE, NSE
• Official Website: luminousindia.com

Luminous is a revolutionary new lighting technology that offers numerous advantages over traditional lighting solutions. It is characterized by its ability to provide bright, energy-efficient, and long-lasting illumination. In this article, we will explore the features of luminous and how it can benefit various applications.

One of the biggest advantages of luminous is its energy efficiency. Compared to traditional lighting technologies, luminous consumes significantly less power, leading to significant cost savings. This reduction in energy consumption not only benefits the environment but also reduces the overall burden on power grids.

10. Amaron

• Market Cap: ₹  Cr.
• Sales (latest quarter): ₹  Cr.
• Net Profit (latest quarter): ₹  Cr.
• Quarterly profit growth:  %
• Exchange: BSE, NSE
• Official Website: amaron.com

Amaron is a leading manufacturer of batteries in India. With a strong focus on innovation and quality, Amaron offers a wide range of batteries to suit various automotive and power needs.

Amaron was established in 1966 and is headquartered in Chennai, India. Over the years, the company has expanded its operations and established a strong distribution network across the country.

Also Read: Top 10 Wire Company in India 2024

Conclusion

In conclusion, the top 10 battery companies in India are at the forefront of the industry, offering high-quality batteries for various segments. These companies continue to innovate and improve their offerings to meet the growing demand for batteries in India. With their focus on reliability, durability, and customer satisfaction, they are shaping the future of the battery industry in the country.