Eveready – Can new promoters improve the company?

Eveready KTA: 14-15% topline growth with 10-12% margins (FY23 Marings – 8%) in FY24.

1. Focus on doubling the topline in 4 years.

2. battery would be 50% while 30% lighting and 18% flash lights contribution to the revenue.

3. Battery is a mature category. will grow 7%. Other will grow 20%.

4. We are a leader in carbon sink batteries with 50% market share.

5. Today 90% of the market is Carbon sink.

6. Alkaline batteries markets share is 7% will go to double digit.

7. Current gross block is sufficient to double the turnover.

8. Lighting – flattish margins will go to mid-single digit.

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