Panasonic Energy India Co. Ltd. (PECIN), a subsidiary of Japan’s Panasonic Holdings Corporation, on Wednesday reported a 14.35% rise in profit before tax (PBT) for the financial year ended March 31, 2025, as profitability improved despite a marginal decline in revenue.
The company reported an EBITDA of ₹220.72 million, up 14.96% from ₹192.00 million in the previous year, driven by operational efficiencies and growth in its core dry-cell battery segment. Earnings per share (EPS) stood at ₹15.70, compared to ₹15.52 a year earlier. PECIN closed the fiscal year with a market capitalisation of over ₹2.58 billion.
“The slight dip in revenue was due to an exceptional B2B order in the previous year, but our core business still grew 3% year-on-year,” said Akinori Isomura, Chairman and Managing Director, PECIN. “India remains a high-potential market and we are steadily investing in our long-term growth strategy.”
The company outlined a three-pillar approach to drive future growth: strategic investment in Salesforce automation, portfolio expansion across customer segments including quick-commerce platforms, and increased investment in brand-building to deepen consumer connect for Panasonic’s dry cell batteries.
On the manufacturing front, PECIN continues to focus on sustainability and environmental compliance. Its Pithampur plant in Madhya Pradesh is a certified carbon-neutral facility, verified by Verra and certified under the International REC Standard. The company has recently installed solar panels generating 150kV to cover 30% of the plant’s energy needs — the maximum allowed by local regulations — contributing to CO₂ emission reduction goals.
Additionally, the factory operates with zero wastewater discharge and maintains forest cover on 50% of its land area. PECIN currently uses around 6% recycled materials in its products and plans to scale up green initiatives under its Corporate Social Responsibility (CSR) commitments aligned with Schedule VII of the Companies Act, 2013.
The company’s product mix currently comprises 87% zinc carbon batteries, 5% alkaline batteries, 5% rechargeable batteries, and 3% lithium coin batteries. All products are free from harmful substances such as mercury, cadmium, and lead, and comply with the European Union’s RoHS Directive 2015/863.
PECIN reiterated its focus on improving the quality of human life and environmental preservation through eco-friendly manufacturing and responsible sourcing.
