Best Battery Stocks in June 2025 5yr CAGR Basis: Eveready Industries, Amara Raja Energy & Mobility, & More

India's lithium-ion battery market was valued at USD 573.07 million in 2023 and is projected to grow at a CAGR of 38.7% between 2024 and 2030. This rapid expansion is driven by the rising adoption of electric vehicles (EVs) and the growing integration of renewable energy sources like wind and solar into the national grid, which is fueling demand for efficient energy storage systems. Additionally, favourable government policies are further accelerating the market's growth in the country. In this article, check the best battery stocks in India for June 2025, based on the 5yr CAGR and other parameters like net profit margin and return on investment.

Best Battery Stocks in June 2025 - Based on 5yr CAGR

Note: The best battery stocks list provided here is as of May 28, 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 June 2025

1. HBL Engineering Ltd

HBL Power System Ltd is involved in the manufacturing and services of various types of batteries, e-mobility, and other products. In Q4 FY 2025, the company’s total income was ₹15,200.65 lakh, which dropped from ₹60,453.76 lakh during the same period in the previous year. Profit After Tax (PAT) was ₹5,838.98 lakh, down from ₹7,845.11 lakh during the same period in the previous year. 

Key metrics:

• Return on Capital Employed (ROCE): 29.35%
• Return on Equity (ROE): 25.87%

2. Eveready Industries India Ltd

Eveready Industries India Limited is amongst the well-known battery company stocks in India. The company offers batteries, lighting solutions, flashlights, and home appliances. In Q4 FY25, the company reported a total income from operations of ₹298.8 crore, marking a 6.4% growth compared to ₹280.9 crore in Q4 FY24. PAT stood at ₹10.5 crore, reflecting a year-on-year growth of 31.3% from ₹8.0 crore in the same quarter last year.

Key metrics:

• ROCE: 22.25%
• ROE: 18.91%

3. Exide Industries Ltd

Exide Industries Ltd is primarily engaged in the manufacturing of storage batteries and related products in India. In Q4 FY25, the company's standalone revenue from operations amounted to ₹4,159 crore, slightly down from ₹4,009 crore recorded in Q3 FY24. PAT also saw a decrease, reaching ₹255 crore in Q4 FY25 compared to ₹284 crore in the same period last year.

Key metrics:

• ROCE: 9.70%
• ROE: 7.29%

4. Amara Raja Energy & Mobility Ltd

Amara Raja Batteries Limited (ARBL) is the flagship company of the Amara Raja Group. The company is one of the largest manufacturers of lead-acid batteries for both industrial and automotive applications in the Indian storage battery industry. In Q3 FY25, the company's operational revenue stood at ₹32,725 million, reflecting a 7.5% year-on-year growth from ₹30,446 million in Q3 FY24. PAT also saw an 11.4% increase, rising to ₹2,984 million from ₹2,679 million in the same period last year.

Key metrics:

• ROCE: 17.72%
• ROE: 14.59%

Best Battery Stocks in June 2025 - Based on Net Profit Margin

Note: The best battery sector stocks list provided here is as of May 28, 2025. The stocks are with a positive 5yr CAGR and sorted based on the net profit margin. 

Best Battery Stocks in June 2025 - Based on Return on Investment 

Note: The best battery stocks list provided here is as of May 28, 2025. The stocks are sorted based on the return on investment. 

Growth of the Indian Battery Sector

India is poised to become a key investment destination for battery manufacturers in the coming years, driven by strong government policy support aimed at boosting the manufacturing sector. The country's automotive market is largely dominated by the two-wheeler segment, fueled by a growing middle-class population and a large base of young consumers.

The Indian lithium-ion battery market was valued at USD 573.07 million in 2023 and is projected to grow at a robust CAGR of 38.7% from 2024 to 2030. This rapid growth is primarily attributed to the rising adoption of electric vehicles (EVs) and the increasing integration of renewable energy sources such as wind and solar into the power grid, which is driving the need for reliable energy storage systems. Supportive government initiatives further strengthen this upward trend. 

With the global transition towards sustainable modes of transport to curb carbon emissions and mitigate climate change, the demand for lithium-ion batteries is steadily increasing. These batteries are essential components of electric vehicles and are valued for their lightweight design, compact size, and long service life. According to the Ministry of Road Transport & Highways (MoRTH), India recorded the sale of 1,531,926 battery-operated vehicles (BOVs) in 2023, representing a significant 49.2% rise over 2022 figures.

Also Read: Best Water Management Stocks in India in June 2025!

Conclusion

Apart from the battery companies stocks mentioned above, there can be several other companies that are into battery manufacturing. It's crucial to evaluate each company's business model, financials, and long-term potential before making investment decisions. 

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.