Which Battery Stocks in India showed the strongest 5yr CAGR in 2025
The battery stocks in India that showed the strongest 5-year CAGR in 2025 are led by HBL Engineering Ltd, which significantly outperformed its sector peers.
Top Battery Stocks by 5-Year CAGR
| Name | Market Cap (₹ crore) | 5Y CAGR (%) |
| HBL Engineering Ltd | 16,305 – 17,004 | 106.94 – 117.27 |
| Eveready Industries India Ltd | 2,277 – 3,141 | 29.05 – 47.13 |
| Exide Industries Ltd | 32,742 – 34,956 | 17.29 – 19.86 |
| Amara Raja Energy & Mobility Ltd | 18,483 – 21,671 | 7.36 – 11.39 |
| Indo National Ltd | 359 | 13.24 |
Key Insights
- HBL Engineering Ltd stands out as the top performer, with a 5-year CAGR consistently above 100%, reflecting rapid sector innovation and strong demand.
- Eveready Industries India Ltd maintained solid growth with a 5-year CAGR between 29% and 47% across sources.
- Exide Industries Ltd and Amara Raja Energy & Mobility Ltd continue to be sector leaders, though their CAGR figures are lower than HBL’s, consistent with their established market positions and scale.
Investors looking for strong 5-year returns in India’s battery sector should focus on HBL Engineering Ltd, followed by Eveready and Exide Industries
