Eveready Industries expects its non-battery business to make up 45% of total revenue, its CEO told Outlook Business.

Today about two-thirds of revenue comes from batteries and one-third from flashlights and lighting.

CEO Anirban Banerjee aims for a roughly 50-50 split within two to three years.

The company has posted double-digit top-line growth for about eight straight quarters.

New launches include flashlights for farmers to ward off animals.

Its Eveready ULTIMA liquid vaporiser enters the Rs 2,800 crore portable mosquito repellent segment.

Q1 FY27 net profit rose 22.3% to Rs 37 crore on revenue of Rs 407.7 crore.

Eveready has set a target of becoming debt-free within the next four to five quarters.

Read the full article for more details on Eveready’s diversification plan.