Exide Industries Ltd
Exide Industries Ltd is primarily engaged in the manufacturing of storage batteries and allied products in India. [1]
- Market Cap ₹ 29,907 Cr.
- Current Price ₹ 352
- High / Low ₹ 620 / 328
- Stock P/E 37.6
- Book Value ₹ 164
- Dividend Yield 0.57 %
- ROCE 8.87 %
- ROE 5.93 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 20.5%
Cons
- The company has delivered a poor sales growth of 3.56% over past five years.
- Company has a low return on equity of 6.71% over last 3 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.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Part of Nifty 500 BSE Allcap Nifty Midcap 100 Nifty Auto Nifty 200
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8,254 | 9,471 | 9,477 | 11,179 | 12,808 | 14,721 | 14,471 | 10,359 | 12,789 | 15,078 | 16,770 | 17,238 | |
7,385 | 8,528 | 8,289 | 9,805 | 11,400 | 13,159 | 13,014 | 8,994 | 11,387 | 13,485 | 14,946 | 15,440 | |
Operating Profit | 869 | 944 | 1,187 | 1,374 | 1,408 | 1,562 | 1,457 | 1,366 | 1,402 | 1,593 | 1,823 | 1,798 |
OPM % | 11% | 10% | 13% | 12% | 11% | 11% | 10% | 13% | 11% | 11% | 11% | 10% |
73 | 94 | 59 | 102 | 21 | 148 | 40 | 132 | 3,725 | 125 | 88 | 113 | |
Interest | 14 | 9 | 79 | 153 | 114 | 117 | 108 | 37 | 64 | 79 | 120 | 153 |
Depreciation | 140 | 155 | 175 | 226 | 267 | 344 | 418 | 394 | 440 | 502 | 560 | 582 |
Profit before tax | 787 | 874 | 992 | 1,097 | 1,048 | 1,249 | 972 | 1,068 | 4,623 | 1,138 | 1,231 | 1,176 |
Tax % | 31% | 29% | 29% | 27% | 34% | 32% | 22% | 25% | 6% | 28% | 28% | 32% |
546 | 616 | 700 | 804 | 694 | 847 | 762 | 803 | 4,357 | 823 | 883 | 800 | |
EPS in Rs | 6.41 | 7.23 | 8.20 | 9.42 | 8.13 | 9.95 | 9.14 | 9.53 | 51.38 | 9.68 | 10.31 | 9.35 |
Dividend Payout % | 28% | 30% | 29% | 25% | 30% | 24% | 45% | 21% | 4% | 21% | 19% | 21% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 4% |
3 Years: | 10% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 1% |
3 Years: | -43% |
TTM: | -6% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 17% |
3 Years: | 32% |
1 Year: | -26% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 15% |
3 Years: | 7% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 |
Reserves | 3,375 | 3,756 | 4,305 | 4,947 | 5,344 | 6,022 | 6,382 | 7,187 | 10,499 | 11,047 | 12,801 | 13,828 |
35 | 58 | 115 | 187 | 60 | 89 | 196 | 509 | 520 | 588 | 1,123 | 2,017 | |
8,999 | 9,989 | 10,866 | 12,546 | 14,326 | 16,235 | 17,688 | 20,625 | 2,799 | 3,037 | 4,140 | 5,466 | |
Total Liabilities | 12,494 | 13,887 | 15,370 | 17,765 | 19,815 | 22,431 | 24,351 | 28,406 | 13,902 | 14,758 | 18,149 | 21,396 |
1,686 | 1,781 | 1,975 | 2,259 | 2,681 | 3,080 | 3,248 | 3,599 | 3,361 | 3,682 | 3,853 | 4,153 | |
CWIP | 63 | 115 | 192 | 149 | 241 | 300 | 405 | 431 | 341 | 525 | 1,352 | 3,426 |
Investments | 7,890 | 8,817 | 10,446 | 11,884 | 12,490 | 14,328 | 15,816 | 18,807 | 5,558 | 5,106 | 5,940 | 6,468 |
2,855 | 3,175 | 2,757 | 3,474 | 4,402 | 4,723 | 4,883 | 5,570 | 4,642 | 5,444 | 7,004 | 7,350 | |
Total Assets | 12,494 | 13,887 | 15,370 | 17,765 | 19,815 | 22,431 | 24,351 | 28,406 | 13,902 | 14,758 | 18,149 | 21,396 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
872 | 180 | 1,583 | 937 | 914 | 1,687 | 1,619 | 2,263 | 61 | 768 | 1,531 | 1,273 | |
-591 | -61 | -1,329 | -727 | -535 | -1,438 | -1,097 | -2,082 | 66 | -799 | -1,458 | -1,934 | |
-215 | -199 | -167 | -182 | -386 | -217 | -532 | -170 | -172 | -30 | 110 | 515 | |
Net Cash Flow | 66 | -79 | 87 | 28 | -6 | 32 | -9 | 11 | -45 | -61 | 183 | -146 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 29 | 27 | 28 | 24 | 31 | 31 | 27 | 38 | 31 | 30 | 30 | 36 |
Inventory Days | 118 | 129 | 106 | 131 | 120 | 107 | 138 | 144 | 120 | 121 | 124 | 144 |
Days Payable | 100 | 82 | 96 | 93 | 91 | 81 | 92 | 130 | 78 | 65 | 87 | 105 |
Cash Conversion Cycle | 47 | 74 | 37 | 61 | 60 | 56 | 73 | 52 | 74 | 85 | 67 | 74 |
Working Capital Days | 12 | 22 | 2 | 16 | 23 | 17 | 23 | -11 | 44 | 50 | 37 | 37 |
ROCE % | 24% | 23% | 26% | 26% | 23% | 21% | 17% | 14% | 11% | 10% | 10% | 9% |
Documents
Announcements
- Annual General Meeting - 26Th July 2025 4h
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
4h - FY25 audited results approved; Rs.2/share dividend recommended; new Chairman and CFO appointed; Rs.1200 Cr investment in EV battery subsidiary.
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Record Date - 19Th July 2025
5h - Approved FY25 results; Rs.2 dividend; new Chairman and CFO; Rs.1200 Cr lithium-ion cell investment.
-
Corporate Action-Board to consider Dividend
5h - Exide reports FY25 audited results, declares Rs.2 dividend, appoints new CFO and Chairman, plans Rs.1200 Cr green energy investment.
- Financials Results For The Quarter And Financial Year Ended 31St March 2025 5h
Annual reports
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Financial Year 2024
from bse
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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
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Concalls
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Nov 2024Transcript PPT REC
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May 2024Transcript PPT REC
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Feb 2024TranscriptNotesPPT
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Nov 2023Transcript PPT REC
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Sep 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Nov 2022TranscriptPPT
Products[1]
The company manufactures batteries for automotive sector like 2 wheeler, 4 wheeler, 3 wheeler, E-rickshaws and H-UPS. It manufactures batteries from 2.5 Ah for 2-wheelers to 260 Ah for Non vehicular. It also manufactures for industrial use from 7 Ah to 3200 Ah for multiple applications and for submarine uses too.