Eveready Industries India Ltd
Incorporated in 1934, Eveready Industries India Limited is one of the leading manufacturers of dry cell batteries in India and offers products such as batteries, flashlights, lighting solutions, and home appliances. [1]
- Market Cap ₹ 2,761 Cr.
- Current Price ₹ 380
- High / Low ₹ 475 / 272
- Stock P/E 31.0
- Book Value ₹ 63.0
- Dividend Yield 0.39 %
- ROCE 17.0 %
- ROE 19.6 %
- Face Value ₹ 5.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 15.8%
Cons
- The company has delivered a poor sales growth of 2.11% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,153 | 1,279 | 1,324 | 1,355 | 1,456 | 1,458 | 1,211 | 1,249 | 1,207 | 1,328 | 1,314 | 1,344 | 1,369 | |
| 1,063 | 1,155 | 1,202 | 1,222 | 1,351 | 1,335 | 1,089 | 1,021 | 1,086 | 1,218 | 1,173 | 1,191 | 1,212 | |
| Operating Profit | 91 | 124 | 122 | 134 | 105 | 123 | 122 | 228 | 120 | 110 | 141 | 152 | 156 |
| OPM % | 8% | 10% | 9% | 10% | 7% | 8% | 10% | 18% | 10% | 8% | 11% | 11% | 11% |
| 9 | 4 | 8 | 9 | 20 | 12 | 198 | -628 | 5 | 1 | 2 | 1 | -3 | |
| Interest | 41 | 34 | 30 | 23 | 29 | 54 | 70 | 52 | 48 | 57 | 32 | 26 | 24 |
| Depreciation | 42 | 32 | 14 | 15 | 19 | 22 | 29 | 27 | 27 | 27 | 30 | 30 | 29 |
| Profit before tax | 16 | 62 | 86 | 105 | 77 | 59 | 220 | -480 | 49 | 27 | 81 | 98 | 99 |
| Tax % | 18% | 21% | 19% | 11% | 29% | 20% | 18% | -36% | 4% | 26% | 17% | 16% | |
| 14 | 49 | 69 | 94 | 55 | 47 | 180 | -309 | 47 | 20 | 67 | 82 | 83 | |
| EPS in Rs | 1.87 | 6.75 | 9.50 | 12.88 | 7.53 | 6.50 | 24.70 | -42.53 | 6.53 | 2.77 | 9.18 | 11.33 | 11.45 |
| Dividend Payout % | 27% | -0% | 21% | -0% | 20% | -0% | -0% | -0% | -0% | -0% | 11% | 13% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 2% |
| 3 Years: | 4% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 10% |
| 3 Years: | 21% |
| TTM: | 25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 23% |
| 3 Years: | 9% |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 31% |
| 3 Years: | 16% |
| Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 |
| Reserves | 557 | 588 | 170 | 253 | 308 | 340 | 521 | 213 | 259 | 280 | 347 | 422 |
| 225 | 207 | 187 | 197 | 246 | 384 | 394 | 447 | 396 | 398 | 307 | 312 | |
| 290 | 267 | 273 | 319 | 441 | 419 | 311 | 333 | 257 | 270 | 270 | 314 | |
| Total Liabilities | 1,109 | 1,099 | 667 | 806 | 1,031 | 1,180 | 1,262 | 1,029 | 948 | 985 | 960 | 1,084 |
| 730 | 696 | 222 | 334 | 357 | 343 | 328 | 314 | 305 | 310 | 293 | 304 | |
| CWIP | 14 | 28 | 22 | 6 | 3 | 5 | 3 | 3 | 4 | 1 | 8 | 81 |
| Investments | 1 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| 363 | 372 | 420 | 462 | 669 | 822 | 920 | 702 | 629 | 663 | 649 | 689 | |
| Total Assets | 1,109 | 1,099 | 667 | 806 | 1,031 | 1,180 | 1,262 | 1,029 | 948 | 985 | 960 | 1,084 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 94 | 89 | 116 | 90 | 81 | 75 | 110 | 172 | 135 | 37 | 149 | 130 | |
| -7 | -31 | -56 | -68 | -101 | -145 | -16 | -105 | -55 | -19 | -23 | -95 | |
| -90 | -56 | -71 | -11 | -35 | 71 | -89 | -4 | -108 | -59 | -127 | -36 | |
| Net Cash Flow | -4 | 2 | -11 | 11 | -55 | 1 | 5 | 62 | -28 | -41 | -0 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 16 | 14 | 19 | 23 | 30 | 26 | 15 | 10 | 11 | 28 | 32 | 28 |
| Inventory Days | 122 | 117 | 105 | 124 | 121 | 100 | 106 | 131 | 122 | 115 | 122 | 143 |
| Days Payable | 110 | 98 | 93 | 105 | 132 | 101 | 93 | 96 | 83 | 76 | 82 | 102 |
| Cash Conversion Cycle | 28 | 34 | 31 | 42 | 19 | 25 | 28 | 45 | 49 | 67 | 72 | 68 |
| Working Capital Days | -37 | -18 | -3 | 2 | 9 | 34 | 87 | -39 | -25 | 6 | 14 | 18 |
| ROCE % | 6% | 12% | 19% | 29% | 19% | 19% | 16% | 25% | 14% | 12% | 16% | 17% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
2m - India Ratings and Research Limited has on 31st October 2025 upgraded the long term rating on the Company''s bank facilities to ''IND A+'' with a …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
28 Oct - Details of Q2 FY26 Earnings Conference Call scheduled to be held on Thursday, 6th November 2025 at 4:30 PM IST is attached.
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Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Half Year Ended 30Th September 2025
28 Oct - Board meeting on 5 Nov 2025 to approve Q2/H1 unaudited results (30 Sep 2025); trading window closed till 48hrs post-declaration.
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Announcement under Regulation 30 (LODR)-Credit Rating
18 Oct - CRISIL assigned Fund-based & Term Loans A+/Stable; Non-fund based A1 on 17-Oct-2025.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 17 Oct
Annual reports
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Financial Year 2025
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Concalls
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Aug 2025Transcript PPT
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May 2025TranscriptPPT
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May 2024TranscriptPPTREC
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Nov 2022TranscriptPPT
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Aug 2022TranscriptPPT
Products
The Company’s products include - Dry cell and rechargeable batteries under the brand names 'Eveready', 'Powercell' and 'Uniross'; 'Eveready' and 'Powercell' Flashlights and lanterns; 'Eveready' and 'Powercell' LED Bulbs and luminaires; 'Eveready' Small home appliances and Confectioneries under the brand name “Jollies”. [1]