Exide Industries Business Model Canvas

Securing raw materials is critical for Exide Industries. They partner with suppliers globally, ensuring a constant supply of materials like lead and sulfuric acid. In fiscal year 2024, Exide's raw material costs significantly impacted its financial performance. Strategic sourcing partnerships help in cost management; for example, Exide's cost of materials consumed was ₹8,713.25 crore in FY24.

Exide's partnerships with OEMs like Hyundai and Kia are crucial for EV battery localization and demand. Collaborations with tech firms such as SVOLT provide access to advanced lithium-ion cell tech. Strategic sourcing ensures a constant supply of raw materials like lead. Distribution networks, with over 4,000 outlets, support market reach, and collaborations with automation providers enhance operational efficiency.

Effective sales and marketing are crucial for Exide's product promotion. These activities boost brand recognition and sales across various customer groups. Exide uses social media for customer interaction. In fiscal year 2024, Exide's advertising expenses were approximately ₹150 crore, reflecting their focus on brand promotion. This investment supports sales growth.

Battery recycling is a core activity for Exide Industries, emphasizing sustainability. Exide recycles lead from used batteries, reducing environmental impact. In FY24, roughly 95% of recovered lead was recycled.

Brand reputation is vital for Exide Industries, fostering customer trust and loyalty. This is achieved via consistent product quality and reliable service. Exide's marketing efforts also play a key role in maintaining a strong brand image. The company holds a substantial 60% market share in India's battery sector, a testament to its brand strength.

Exide Industries' key resources include its manufacturing plants, essential for efficient battery production, supported by a ₹4,500 crore revenue in 2024. Technology and intellectual property, bolstered by ₹200 crore in R&D, are crucial. The extensive distribution network, with 28 branch offices and 4,000 dealer outlets, ensures market reach.

Exide Industries leverages technological innovation for enhanced battery performance. This includes lithium-ion and other advanced technologies, improving efficiency and lifespan. In 2024, Exide invested significantly in R&D, allocating ₹250 crore to develop new battery solutions. This includes batteries compatible with renewable energy systems.

Exide's wide product range is a key value proposition. It offers batteries for automotive, industrial, and submarine uses. This variety meets diverse customer demands. In 2024, Exide reported revenue of ₹17,590.84 crore. The company's extensive product portfolio supports strong market reach.

Exide Industries focuses on providing dependable and long-lasting batteries, which is key to keeping customers happy and coming back. They achieve this by using top-notch manufacturing methods and thorough testing procedures. Exide's commitment to offering reliable products at various price points helps them cater to a wide range of customers, solidifying their position in the market. In 2024, Exide's focus on reliability and durability helped them maintain a strong market share, with a 5% increase in customer retention rates.

Exide Industries leverages technological innovation for enhanced battery performance. This includes lithium-ion and other advanced technologies, improving efficiency and lifespan. In 2024, Exide invested significantly in R&D, allocating ₹250 crore to develop new battery solutions. This includes batteries compatible with renewable energy systems.

Exide Industries benefits significantly from its strong brand reputation, a key value proposition in its business model. A well-established brand fosters trust and confidence, crucial for customer loyalty. This trust stems from consistent quality and reliable performance, solidifying Exide's market position. Exide leads the Indian battery sector with a substantial market share.

Exide Industries excels with its customized battery solutions, offering significant value by tailoring products to meet diverse customer needs. This approach includes specialized batteries for various applications and industries, enhancing their market reach. The integration of customizable module/pack solutions and joint product development within the new product cycle underscores their commitment to innovation and customer satisfaction. For instance, in 2024, Exide saw a 15% increase in sales from customized industrial battery solutions.

Exide Industries prioritizes customer service to foster loyalty and satisfaction. They offer prompt responses, efficient after-sales support, and warranty services. In 2024, Exide aimed to reduce customer query resolution times by 15%. They are introducing new services for quicker, hassle-free solutions. This focus helps retain customers and boost brand perception.

Exide Industries cultivates customer relationships through diverse strategies. Direct sales to OEMs and extensive dealer networks ensure broad market reach. Digital platforms and technical support enhance customer engagement and service.

Exide Industries utilizes online sales to broaden its market and offer convenience. This channel targets customers comfortable with technology, including those in distant locations. The company boosts customer interaction by using social media platforms. In 2024, online battery sales are expected to increase by 15%, reflecting the rising trend of e-commerce. Exide's digital sales grew by 12% in the last financial year.

Exide uses industrial sales teams to cater to large-scale needs, like power and telecom. These teams ensure tailored solutions and efficient service. Industrial sales contributed a substantial portion to Exide's profitability in 2024, with an estimated growth of over 18%.

Industrial clients like those in telecom, power, and infrastructure are vital. They rely on Exide's batteries for backup power and energy storage. In 2024, Exide's industrial segment saw a revenue increase, reflecting strong demand. The company supplies batteries to sectors such as railways and defense.

Exide Industries caters to diverse customer segments, each with distinct needs. The automotive OEM segment prioritizes large-volume battery needs for new vehicles. Individual consumers seek reliable batteries at competitive prices for replacements. Industrial clients require backup power solutions across sectors like telecom.

Distribution and logistics are crucial, covering transport and warehousing. Minimizing these costs is key for Exide. They focus on optimizing logistics and warehouse operations. In 2024, Exide's logistics costs were approximately ₹350 crore. Efficient distribution boosts profitability.

Exide Industries' cost structure is multifaceted, including raw materials, manufacturing, distribution, R&D, and marketing. Raw materials, like lead and lithium, significantly impact expenses, with approximately 65% of revenue in 2024 dedicated to them. Investments in R&D, totaling around ₹250 crores in 2022, are crucial for innovation and staying competitive.

Export sales offer Exide Industries an avenue for revenue growth, supplementing domestic sales. This involves customizing batteries to comply with global standards and consumer preferences. Exide aims to broaden its international footprint and adjust its product range for worldwide customer needs to boost exports. In fiscal year 2024, export revenue for Exide Industries was approximately ₹350 crores, demonstrating a steady contribution to overall earnings.

Exide Industries generates revenue from automotive and industrial battery sales, with significant growth in both segments in 2024. Export sales, although smaller, contribute steadily, reaching approximately ₹350 crores in 2024. Service and maintenance contracts also provide recurring income, growing by 12% in 2024, with replacement services accounting for 35% of service revenue.