Eveready Industries India Ltd

₹ 280 -0.23%
Jan 25 10:00 a.m.
About

Eveready Industries India is engaged in the business of marketing of dry cell batteries, rechargeable batteries, flashlights, packet tea, general lighting products, small home appliances and confectioneries which come under a single business segment known as Consumer Goods.

  • Market Cap 2,036 Cr.
  • Current Price 280
  • High / Low 413 / 185
  • Stock P/E 6.87
  • Book Value 42.2
  • Dividend Yield 0.00 %
  • ROCE 24.7 %
  • ROE 79.1 %
  • Face Value 5.00

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 34.91%

Cons

  • The company has delivered a poor sales growth of -1.15% over past five years.
  • Promoter holding is low: 4.85%
  • Promoter holding has decreased over last 3 years: -39.49%

* 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.

Peer comparison

Sector: Dry cells Industry: Dry Cells

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
408 332 331 348 317 224 263 373 340 273 282 357
373 319 306 317 282 196 223 298 274 233 224 301
Operating Profit 35 13 25 32 36 28 41 75 67 40 58 56
OPM % 9% 4% 8% 9% 11% 12% 16% 20% 20% 15% 21% 16%
Other Income -15 14 8 16 100 74 12 11 11 -660 1 1
Interest 17 15 16 20 18 17 14 14 12 12 14 13
Depreciation 5 6 7 8 7 7 7 7 7 7 7 7
Profit before tax -2 6 9 21 111 78 32 64 60 -638 38 38
Tax % 101% 25% 25% 13% 19% 19% 21% 11% 18% 31% 20% 19%
Net Profit 0 5 7 18 90 63 25 57 49 -443 30 31
EPS in Rs 0.00 0.62 0.95 2.49 12.41 8.68 3.44 7.87 6.71 -60.88 4.15 4.27

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
1,103 1,074 1,100 1,035 1,153 1,279 1,324 1,357 1,456 1,507 1,221 1,249 1,253
1,113 1,005 1,058 970 1,063 1,155 1,201 1,223 1,352 1,382 1,100 1,024 1,032
Operating Profit -10 69 42 66 91 124 123 134 104 124 121 225 221
OPM % -1% 6% 4% 6% 8% 10% 9% 10% 7% 8% 10% 18% 18%
Other Income 221 -7 -62 9 9 4 8 9 20 12 198 -628 -646
Interest 34 35 38 40 41 34 31 24 29 55 71 52 50
Depreciation 26 33 29 35 42 32 14 15 19 22 29 27 27
Profit before tax 150 -7 -87 -1 16 62 86 105 76 60 219 -482 -502
Tax % 15% -112% -1% 768% 18% 21% 19% 11% 30% 20% 19% 35%
Net Profit 127 -14 -88 5 14 49 69 94 53 48 178 -312 -333
EPS in Rs 17.50 -1.92 -12.11 0.70 1.87 6.73 9.50 12.87 7.31 6.58 24.53 -42.86 -45.75
Dividend Payout % 3% -26% 0% 0% 267% 0% 21% 0% 21% 0% 0% 0%
Compounded Sales Growth
10 Years: 2%
5 Years: -1%
3 Years: -5%
TTM: 6%
Compounded Profit Growth
10 Years: 47%
5 Years: 36%
3 Years: 86%
TTM: 164%
Stock Price CAGR
10 Years: 26%
5 Years: 3%
3 Years: 10%
1 Year: 50%
Return on Equity
10 Years: 15%
5 Years: 32%
3 Years: 35%
Last Year: 79%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sep 2021
36 36 36 36 36 36 36 36 36 36 36 36 36
Reserves 612 574 471 548 557 588 170 253 306 340 519 209 270
Borrowings 340 343 372 276 225 228 200 216 264 408 394 441 378
361 308 291 244 289 248 263 300 422 423 307 330 267
Total Liabilities 1,349 1,261 1,170 1,104 1,108 1,101 669 805 1,029 1,207 1,256 1,016 952
908 871 795 764 730 696 222 334 357 343 328 314 311
CWIP 13 14 11 9 14 28 22 6 3 5 3 3 2
Investments 0 0 0 0 0 0 0 0 0 7 5 1 0
427 377 363 332 363 376 425 465 668 853 919 698 638
Total Assets 1,349 1,261 1,170 1,104 1,108 1,101 669 805 1,029 1,207 1,256 1,016 952

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
57 65 37 64 93 72 125 82 81 70 133 173
-18 -16 -18 -12 -6 -29 -56 -68 -100 -145 -15 -106
-39 -56 -27 -51 -90 -37 -80 -5 -37 76 -114 -9
Net Cash Flow -0 -8 -8 1 -3 6 -11 9 -56 2 4 58

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 22 23 21 16 16 14 19 23 30 33 15 10
Inventory Days 128 111 118 117 122 117 105 124 121 95 104 131
Days Payable 106 85 87 81 79 89 88 96 124 98 89 95
Cash Conversion Cycle 43 49 52 52 59 42 36 50 27 30 30 46
Working Capital Days 17 15 22 26 20 32 34 34 54 81 154 23
ROCE % 5% 3% 5% 6% 11% 18% 28% 18% 19% 15% 25%

Shareholding Pattern

Numbers in percentages

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
44.11 42.17 30.83 27.39 22.99 22.16 7.26 4.92 4.77 4.77 4.84 4.84
19.20 18.64 14.96 8.36 3.98 3.94 2.20 2.04 2.17 2.15 2.21 2.47
10.47 6.50 11.81 11.71 0.70 1.96 0.55 0.55 0.75 1.35 1.43 1.17
26.22 32.70 42.40 52.54 72.33 71.94 89.99 92.49 92.30 91.72 91.52 91.52

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