Amara Raja Batteries -overview

Amara Raja is manufacturing batteries for industrial and automotive purposes. It introduced Valve Regulated Lead Acid (VRLA) batteries for industrial purposes. These batteries supply to the telecom sector and UPS back-up systems during power shortage while other end-user departments include the Indian Railways and power utilities.

They are manufacturing large, medium and small VRLA batteries to Original Equipment Manufacturers (OEMs). Conducts automotive batteries business through JV with Johnson Controls Inc. During Q2 2009, net sales increased by 6% y-o-y to INR3, 606 m. PAT stood at INR479 m, recording a growth of 155% over Q2 2009.

Amara Raja batteries is having strong segmental growth. The industrial batteries business maintained its momentum and recorded a 50% CAGR in the past 4 years. They are continuing the preferred supplier status among all the leading telecom operators and UPS manufacturers, telecom and UPS segments remained the main drivers of the industrial battery business. In automotive battery business, it tied up with Maruti India .this is one of the best stock for long-term perspective. So try to accumulate at the lower rates and make profit as your convenience