Eveready Industries India Ltd

Eveready Industries India Ltd

₹ 321 3.26%
16 May - close price
About

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]

Key Points

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]

  • Market Cap 2,335 Cr.
  • Current Price 321
  • High / Low 505 / 272
  • Stock P/E 28.4
  • Book Value 63.0
  • Dividend Yield 0.31 %
  • ROCE 17.0 %
  • ROE 19.6 %
  • Face Value 5.00

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 15.7%

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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
241 335 376 330 286 364 365 305 281 349 362 333 299
277 293 333 306 285 320 319 280 255 300 315 304 273
Operating Profit -36 42 43 24 1 44 46 25 26 50 48 29 26
OPM % -15% 13% 11% 7% 0% 12% 13% 8% 9% 14% 13% 9% 9%
1 0 0 0 0 3 0 0 -0 0 1 0 0
Interest 10 11 16 10 21 9 8 8 7 7 6 7 6
Depreciation 7 7 7 7 7 7 7 7 9 8 7 7 8
Profit before tax -52 25 21 8 -27 30 31 10 9 35 35 16 12
Tax % -26% 14% 30% 28% -18% 18% 18% 19% 9% 17% 16% 18% 14%
-38 22 15 5 -22 25 25 8 8 29 30 13 10
EPS in Rs -5.28 3.01 2.02 0.75 -3.01 3.42 3.50 1.15 1.11 4.04 4.06 1.80 1.44
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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
1,153 1,279 1,324 1,355 1,456 1,458 1,211 1,249 1,207 1,328 1,314 1,344
1,063 1,155 1,202 1,222 1,351 1,335 1,089 1,021 1,086 1,218 1,173 1,192
Operating Profit 91 124 122 134 105 123 122 228 120 110 141 152
OPM % 8% 10% 9% 10% 7% 8% 10% 18% 10% 8% 11% 11%
9 4 8 9 20 12 198 -628 5 1 2 1
Interest 41 34 30 23 29 54 70 52 48 57 32 26
Depreciation 42 32 14 15 19 22 29 27 27 27 30 30
Profit before tax 16 62 86 105 77 59 220 -480 49 27 81 98
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
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
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: 2%
Compounded Profit Growth
10 Years: 5%
5 Years: 10%
3 Years: 20%
TTM: 22%
Stock Price CAGR
10 Years: 2%
5 Years: 36%
3 Years: 1%
1 Year: -3%
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
730 696 222 334 357 343 328 314 305 310 293 305
CWIP 14 28 22 6 3 5 3 3 4 1 8 80
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 7 17 17 21 35 55 126 -1 33 53 55 55
ROCE % 6% 12% 19% 29% 19% 19% 16% 25% 14% 12% 16% 17%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
4.84% 43.21% 43.21% 43.21% 43.21% 43.21% 43.21% 43.20% 43.19% 43.19% 43.19% 43.19%
0.88% 0.87% 0.62% 0.44% 0.40% 0.48% 0.46% 3.60% 3.68% 3.92% 4.21% 4.86%
1.17% 1.65% 1.54% 2.42% 2.17% 2.93% 2.55% 2.66% 2.59% 2.61% 2.77% 2.63%
93.10% 54.26% 54.64% 53.92% 54.21% 53.39% 53.78% 50.53% 50.53% 50.28% 49.82% 49.34%
No. of Shareholders 56,18653,00750,85850,34649,59554,25658,52157,63966,00269,97969,55569,212

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls