Best Battery Stocks in July 2025 Based On 5Y CAGR: Exide Industries, Amara Raja Energy & Mobility, & More

India is accelerating its journey toward net-zero carbon emissions by 2070, with EV adoption playing a pivotal role. The rising demand for electric vehicles is fuelling growth in the battery segment, supported by breakthroughs in technology, expanded charging infrastructure, and proactive government support.

Initiatives like the Production Linked Incentive (PLI) Scheme, tax benefits, and R&D investments are catalysing domestic battery manufacturing. These efforts aim to position India as a global EV battery hub while meeting sustainability targets. In this light, let’s decode India’s topmost battery companies based on different parameters.

Best Battery Stocks in July 2025 - Based on 5Y CAGR and Net Profit Margin

Note: The best battery stocks list provided here is as of June 24, 2025. The stocks have a market cap of more than ₹1,000 crore and are sorted based on the 5-year CAGR.

Overview of the Best Battery Stocks in July 2025

Exide Industries Ltd

Exide Industries reported a 4% sales growth in Q4 FY 2024-25, supported by strong performance despite rising antimony costs. The company is transitioning to a functional structure, investing in lithium-ion tech and modern manufacturing.

While lead-acid outlook is mixed, Exide remains optimistic about EV-driven growth. With zero debt and strong cash flow, it is well-positioned to scale domestic production and meet evolving market needs.

Key Metrics:

• EPS (Q): ₹2.20
• Return on Equity (%): 7.29

Amara Raja Energy & Mobility Ltd

Despite a 5% YoY revenue growth to ₹3,060 crore in Q4 FY25, the compnay faced margin pressures due to rising material and power costs, which impacted profitability. However, the New Energy Business of Amara Raja saw a 35% surge in revenue, supported by investments in local manufacturing and home energy solutions.

Key Metrics:

• EPS (Q): ₹8.83
• Return on Equity (%): 14.59

HBL Engineering Ltd

Over the last 5 years, the company has seen its revenue growing at 12.02% annually—more than double the industry average of 5.65%. The company’s market share rose from 5.08% to 6.76%, indicating expanding dominance in its sub-sector. Most notably, net income surged at an impressive 58.89% CAGR, far outpacing the industry average of 8.83%.

Key Metrics:

• EPS (Q): ₹1.66
• Return on Equity (%): 25.87

Eveready Industries India Ltd

It is a key player in FMCG segments like dry cell and rechargeable batteries, flashlights, tea, and lighting products, has shown resilience in a competitive market. While revenue declined at a -3.1% CAGR over the past five years, the company has maintained profitability with a 6.91% net income growth, close to the industry average of 8.83%.

Key Metrics:

• EPS (Q): ₹1.43
• Return on Equity (%): 18.91

Best Battery Stocks in July 2025 - Based on Cash Flow Margin

HBL Engineering Ltd. demonstrates the highest Cash Flow Margin at ₹12.04 crore among the listed stocks. This indicates its strong operational efficiency in converting sales into cash.

Here is a full breakdown of all stocks:

Note: The best battery stocks list provided here is as of June 24, 2025. The stocks have a market cap of more than ₹1,000 crore and are sorted based on the cash flow margin.

Best Battery Stocks in July 2025 - Based on PE Ratio 

Amara Raja Energy & Mobility Ltd. has the lowest PE Ratio at 18.88 among these companies. This could indicate a potentially attractive entry point for investors, assuming its growth prospects and industry standing are robust.

Here is a full breakdown of PE ratios for all stocks:

Note: The best battery stocks list provided here is as of June 24, 2025. The stocks have a market cap of more than ₹1,000 crore and are sorted based on the PE ratio.

Read more: Best Jewellery Stocks In India In July 2025- Sky Gold and Diamonds, Goldiam International, and Others

Conclusion

With EV demand surging and strong policy backing, battery manufacturers are at the heart of India's green revolution. Investors seeking long-term growth may find opportunities in this evolving sector, where innovation, efficiency, and strategic expansion are setting the pace.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.