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 ₹ 2,284 Cr.
- Current Price ₹ 314
- High / Low ₹ 413 / 255
- Stock P/E 48.1
- Book Value ₹ 40.6
- Dividend Yield 0.00 %
- ROCE 14.1 %
- ROE 17.4 %
- Face Value ₹ 5.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 37.35%
Cons
- Stock is trading at 7.74 times its book value
- The company has delivered a poor sales growth of -2.29% over past five years.
- Promoter holding is low: 4.90%
- Tax rate seems low
- Promoter holding has decreased over last 3 years: -39.20%
* 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 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
951 | 980 | 1,035 | 1,153 | 1,279 | 1,324 | 1,355 | 1,456 | 1,458 | 1,211 | 1,249 | 1,207 | |
857 | 930 | 970 | 1,063 | 1,155 | 1,202 | 1,222 | 1,351 | 1,335 | 1,089 | 1,021 | 1,086 | |
Operating Profit | 95 | 51 | 66 | 91 | 124 | 122 | 134 | 105 | 123 | 122 | 228 | 120 |
OPM % | 10% | 5% | 6% | 8% | 10% | 9% | 10% | 7% | 8% | 10% | 18% | 10% |
9 | -69 | 9 | 9 | 4 | 8 | 9 | 20 | 12 | 198 | -628 | 5 | |
Interest | 33 | 36 | 40 | 41 | 34 | 30 | 23 | 29 | 54 | 70 | 52 | 48 |
Depreciation | 25 | 24 | 35 | 42 | 32 | 14 | 15 | 19 | 22 | 29 | 27 | 27 |
Profit before tax | 46 | -79 | -1 | 16 | 62 | 86 | 105 | 77 | 59 | 220 | -480 | 49 |
Tax % | 15% | -1% | 779% | 18% | 21% | 19% | 11% | 29% | 20% | 18% | 36% | 4% |
Net Profit | 39 | -80 | 5 | 14 | 49 | 69 | 94 | 55 | 47 | 180 | -309 | 47 |
EPS in Rs | 5.42 | -10.99 | 0.70 | 1.87 | 6.75 | 9.50 | 12.88 | 7.53 | 6.50 | 24.70 | -42.53 | 6.53 |
Dividend Payout % | 9% | 0% | 0% | 27% | 0% | 21% | 0% | 20% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | -2% |
3 Years: | -6% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | 26% |
5 Years: | -13% |
3 Years: | -8% |
TTM: | -86% |
Stock Price CAGR | |
---|---|
10 Years: | 33% |
5 Years: | 0% |
3 Years: | 56% |
1 Year: | 2% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 30% |
3 Years: | 37% |
Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | |
Reserves | 649 | 552 | 548 | 557 | 588 | 170 | 253 | 308 | 340 | 521 | 213 | 259 |
Borrowings | 262 | 286 | 276 | 225 | 207 | 187 | 197 | 246 | 384 | 394 | 441 | 396 |
227 | 238 | 244 | 290 | 267 | 273 | 319 | 441 | 419 | 311 | 333 | 257 | |
Total Liabilities | 1,175 | 1,113 | 1,104 | 1,109 | 1,099 | 667 | 806 | 1,031 | 1,180 | 1,262 | 1,023 | 948 |
802 | 792 | 764 | 730 | 696 | 222 | 334 | 357 | 343 | 328 | 314 | 306 | |
CWIP | 14 | 11 | 9 | 14 | 28 | 22 | 6 | 3 | 5 | 3 | 3 | 3 |
Investments | 41 | 0 | 0 | 1 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 10 |
318 | 309 | 332 | 363 | 372 | 420 | 462 | 669 | 822 | 920 | 696 | 629 | |
Total Assets | 1,175 | 1,113 | 1,104 | 1,109 | 1,099 | 667 | 806 | 1,031 | 1,180 | 1,262 | 1,023 | 948 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
83 | 51 | 64 | 94 | 89 | 116 | 90 | 81 | 75 | 110 | 172 | 135 | |
-24 | -29 | -12 | -7 | -31 | -56 | -68 | -101 | -145 | -16 | -105 | -55 | |
-57 | -26 | -51 | -90 | -56 | -71 | -11 | -35 | 71 | -89 | -9 | -108 | |
Net Cash Flow | 2 | -4 | 1 | -4 | 2 | -11 | 11 | -55 | 1 | 5 | 57 | -28 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 16 | 16 | 16 | 16 | 14 | 19 | 23 | 30 | 26 | 15 | 10 | 11 |
Inventory Days | 115 | 121 | 117 | 122 | 117 | 105 | 124 | 121 | 100 | 106 | 131 | 122 |
Days Payable | 76 | 82 | 81 | 79 | 98 | 93 | 105 | 132 | 101 | 93 | 96 | 83 |
Cash Conversion Cycle | 56 | 55 | 52 | 58 | 34 | 31 | 42 | 19 | 25 | 28 | 45 | 49 |
Working Capital Days | 19 | 22 | 26 | 19 | 26 | 31 | 29 | 49 | 77 | 155 | 22 | -25 |
ROCE % | 8% | 4% | 5% | 6% | 12% | 19% | 29% | 19% | 19% | 16% | 25% | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
24h - In terms of Section 124(6) of the Companies Act, 2013 read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24h
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Announcement Under Regulation 30
1d - The Company has initiated proceedings before the Hon ''able High Court at Calcutta, on May 20, 2022, for recovery of certain amounts due from Williamson …
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Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - Dear Sirs, In accordance with Circular No. CIR/CFD/CMDl/27 /2019 dated February 8, 2019 of SEBI, we enclose a copy of the Secretarial Compliance report of …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
Annual reports
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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 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
from nse
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
from nse
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]