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Exide Industries Ltd

EXIDEIND

Exide Industries Ltd

EXIDEIND
IndustrialsBatteries
MidcapWith a market cap of ₹35,555 cr, stock is ranked 230
Moderate RiskStock is 2.84x as volatile as Nifty
418.300.04% (+0.15)
418.300.04% (+0.15)

Price Chart

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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsBatteries
MidcapWith a market cap of ₹35,555 cr, stock is ranked 230
Moderate RiskStock is 2.84x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsBatteries
MidcapWith a market cap of ₹35,555 cr, stock is ranked 230
Moderate RiskStock is 2.84x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
42.512.760.48%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
49.106.930.56%

Forecast & Ratings

Detailed Forecast 
50%
Analysts have suggested that investors can buy this stock

from 18 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Exide Industries Limited manufactures, markets and sells a range of lead acid storage batteries. The Company makes batteries for the automotive, power, telecom, infrastructure projects, computer industries, railways, mining and defense sector.

Investor Presentation

View older 

Nov 10, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 2.55%, vs industry avg of 5.66%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 58.72% to 50.58%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 0.73%, vs industry avg of 8.89%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue9,598.5411,281.3412,875.7314,869.0514,532.8910,491.5816,513.8215,202.9716,860.2317,125.56
Raw Materialssubtract4,063.645,081.586,268.877,129.216,621.646,687.278,946.4110,663.2911,697.9215,213.46
Power & Fuel Costsubtract251.66293.57332.01383.58382.56321.92424.17549.15583.44
Employee Costsubtract838.13867.70962.091,034.251,118.93816.58906.361,002.621,166.63
Selling & Administrative Expensessubtract1,174.441,243.701,291.021,543.661,547.27875.341,055.241,276.001,413.71
Operating & Other expensessubtract2,024.342,318.892,592.353,068.703,364.84292.6254.62-6.2986.82
Depreciation/Amortizationsubtract175.30225.93267.21343.54417.58393.51439.52501.91560.42576.20
Interest & Other Itemssubtract78.82152.83114.31117.10108.1936.5264.3678.70120.12126.22
Taxes & Other Itemssubtract294.81296.09356.91403.46195.13257.92256.21314.89354.49373.37
EPS8.209.428.139.959.149.5351.389.6810.319.84
DPS2.402.402.402.404.102.002.002.002.002.00
Payout ratio0.290.250.300.240.450.210.040.210.190.20

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2023

Annual report

PDF

Investor Presentation

May 11PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 10PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsBatteries

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Exide Industries Ltd40.562.760.48%
Amara Raja Energy & Mobility Ltd23.633.250.82%
HBL Engineering Ltd62.3714.360.08%
Eveready Industries India Ltd42.317.310.26%

Price Comparison

Compare EXIDEIND with any stock or ETF
Compare EXIDEIND with any stock or ETF
EXIDEIND
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Increased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 1.39%

Decreased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has decreased by 1.43%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding45.99%12.59%5.38%12.31%23.72%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep12.86%12.81%12.94%13.57%13.74%12.31%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Exide Industries Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Kotak Emerging Equity Fund - Growth - Direct Plan

Growth
2.8521%1.95%-0.20%10/78 (0)
Aditya Birla Sun Life Flexi Cap Fund - Growth - Direct Plan

Growth
0.7573%1.20%-0.06%22/89 (-1)
Kotak Small Cap Fund - Growth - Direct Plan

Growth
0.7305%1.47%-0.14%23/83 (+24)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Exide Industries Ltd

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.48%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹4.78 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 22, 2024

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Jul 22, 2024

Cash Dividend

Ex DateEx DateAug 1, 2023

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Aug 1, 2023

Cash Dividend

Ex DateEx DateFeb 7, 2022

Interim
Interim | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Feb 7, 2022

Cash Dividend

Ex DateEx DateFeb 4, 2021

Interim
Interim | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Feb 4, 2021

Cash Dividend

Ex DateEx DateMar 4, 2020

Interim 2
Interim 2 | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Mar 4, 2020

News & Opinions
Spotlight
Exide Industries Ltd slips for fifth straight session

Exide Industries Ltd dropped for a fifth straight session today. The stock is quoting at Rs 419.4, down 1.62% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.4% on the day, quoting at 23682.349609375. The Sensex is at 78309.92, up 0.34%.Exide Industries Ltd has lost around 2.09% in last one month.Meanwhile, Nifty Auto index of which Exide Industries Ltd is a constituent, has eased around 4.87% in last one month and is currently quoting at 22580, down 0.08% on the day. The volume in the stock stood at 21.85 lakh shares today, compared to the daily average of 35.72 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 418.9, down 1.69% on the day. Exide Industries Ltd jumped 41.52% in last one year as compared to a 10.45% rally in NIFTY and a 25.67% spurt in the Nifty Auto index.The PE of the stock is 32.86 based on TTM earnings ending September 24.Powered by Capital Market - Live

3 days agoCapital Market - Live
Spotlight
Exide Inds invests Rs 100 crore in subsidiary, EESL

Exide Energy Solutions (EESL) is engaged in the business of manufacturing & selling lithium-ion battery cells, modules and packs for India's electric vehicle market and stationary applications. Its turnover was Rs 239.14 crore in FY24. EESL has allotted 2,77,77,777 equity shares of Rs 10 each at a premium of Rs 26 per share aggregating to Rs 99,99,99,972. The company has invested in EESL on a right basis to establish green field plant in Bengaluru for manufacturing & selling lithium 'ion battery cells, modules and pack batteries. With this investment, the total investment made by the Company in EESL stands to Rs 3,152.24 crore. EIL shareholding in EESL remains unchanged at 100%. Exide Industries is primarily engaged in the manufacturing of storage batteries and allied products in India. The company reported 3.75% rise in net profit to Rs 297.77 crore on 3.91% rise in revenue from operations to Rs 4,267.30 crore in Q2 FY25 over Q2 FY24. The scrip declined 2.02% to end at Rs 450.85 on Tuesday, 17 December 2024.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Exide Industries invests Rs 99.99 cr in Exide Industries Solutions

Exide Industries has invested Rs 99.99 crore in its subsidiary, Exide Energy Solutions by way of subscription to equity share capital on rights basis. With this, the company's total investment in Exide Energy Solutions stands at Rs 3,152.24 crore. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Exide Industries furthers invests Rs 99.99 cr in Exide Energy Solutions

Exide Industries has further invested Rs 99.99 crore in the share capital of Exide Energy Solutions (EESL) on rights basis. With this investment, the total investment of the company in EESL stands at Rs 3,052.24 crore. There is no change in the shareholding percentage of the Company in EESL pursuant to such an acquisition. Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Exide Industries to declare Quarterly Result

Exide Industries will hold a meeting of the Board of Directors of the Company on 28 January 2025Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Exide Industries Ltd drops for fifth straight session

Exide Industries Ltd fell for a fifth straight session today. The stock is quoting at Rs 422.75, down 2.1% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.94% on the day, quoting at 23659.1. The Sensex is at 78018.99, down 0.83%.Exide Industries Ltd has eased around 20.29% in last one month.Meanwhile, Nifty Auto index of which Exide Industries Ltd is a constituent, has eased around 14.07% in last one month and is currently quoting at 23269.1, down 2.27% on the day. The volume in the stock stood at 37.26 lakh shares today, compared to the daily average of 37.77 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 424.5, down 2% on the day. Exide Industries Ltd jumped 55.25% in last one year as compared to a 20.25% rally in NIFTY and a 36.59% spurt in the Nifty Auto index.The PE of the stock is 33.31 based on TTM earnings ending September 24.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Exide Industries consolidated net profit declines 14.15% in the September 2024 quarter

Net profit of Exide Industries declined 14.15% to Rs 231.28 crore in the quarter ended September 2024 as against Rs 269.40 crore during the previous quarter ended September 2023. Sales rose 1.80% to Rs 4450.00 crore in the quarter ended September 2024 as against Rs 4371.52 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales4450.004371.52 2 OPM %10.6111.42 - PBDT478.28507.00 -6 PBT332.37365.54 -9 NP231.28269.40 -14 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Exide Industries invests Rs 100 cr in Exide Energy Solutions

Exide Industries has invested Rs 99.99 crore in its wholly owned subsidiary, Exide Energy Solutions (EESL)by way of subscription to rights issue. With this investment, the total investment of the company in EESL stands at Rs 2,852.24 crore. There is no change in the shareholding percentage of the Company in EESL pursuant to such an acquisitionPowered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Exide Industries Ltd gains for third straight session

Exide Industries Ltd is up for a third straight session today. The stock is quoting at Rs 512.3, up 1.94% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.13% on the day, quoting at 25777.65. The Sensex is at 84211.69, down 0.1%. Exide Industries Ltd has gained around 4.44% in last one month. Meanwhile, Nifty Auto index of which Exide Industries Ltd is a constituent, has gained around 3.79% in last one month and is currently quoting at 27027.2, up 0.12% on the day. The volume in the stock stood at 36.82 lakh shares today, compared to the daily average of 31.78 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 515.9, up 1.96% on the day. Exide Industries Ltd is up 97.04% in last one year as compared to a 32% jump in NIFTY and a 69.22% jump in the Nifty Auto index.The PE of the stock is 39.17 based on TTM earnings ending June 24.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Exide Industries to table results

Exide Industries will hold a meeting of the Board of Directors of the Company on 4 November 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live