Exide Industries Ltd (EXIDEIND)
₹539.85
Analyst Rating
based on 19 analysts
54.55%
Buy
22.73%
Hold
22.73%
Sell
Based on 19 analysts offering long term price targets for Exide Industries Ltd. An average target of ₹462.63
Source: S&P Global Market Intelligence
Exide Industries Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹538.05₹550.1552 Week's Low
52 Week's High
₹241.7₹620.35
| Returns % | |
| 1 Month Return | -4.72 % |
| 3 Month Return | + 22.99 % |
| 1 Year Return | + 117.4 % |
| Market Stats | |
| Previous Close | ₹546.75 |
| Open | ₹546.75 |
| Volume | 38.26L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹46,473.75Cr |
Key Statistics
| P/E Ratio | 53.03 |
| PEG Ratio | 84.18 |
| Market Cap | ₹46,473.75 Cr |
| P/B Ratio | 1.97 |
| EPS | 8.97 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹46,473.75 Cr | 39.48% | 0.52 | ₹882 Cr | ₹16,769 Cr |
 | HOLD | ₹28,294.81 Cr | 28.81% | 0.53 | ₹934 Cr | ₹11,708 Cr |
Company Information
Exide Industries Ltd is involved in the production and sale of a variety of products and services related to batteries and power storage solutions. It offers automotive batteries, home UPS, inverters, solar solutions, two-wheeler batteries, and industrial batteries, to name a few. Its popular brands include Exide, SF Sonic, and PowerSafe.
Exide Industries Ltd is also involved in the production of lead and lead alloys, and provides recycling services for lead acid batteries. Its products are widely used in automotive, industrial, telecom, and solar energy applications.
Share Price: ₹539.85 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹46,473.75Cr as of today
Revenue: ₹4,172.90Cr as on March 2024 (Q1 24)
Net Profit: ₹185.70Cr as on March 2024 (Q1 24)
Listing date: 02 Jan, 1995
Chairperson Name: Bharat Shah
| Organisation | Exide Industries Ltd |
| Headquarters | |
| Industry | Auto Ancillaries |
| E-voting on shares | Click here to vote |
Key events for Exide Industries Ltd
Citi Hikes Target Price for Exide Industries Shares - 23 Jul, 2024
Brokerage firm Citi has increased its earning estimates by up to 20% over FY25-27, citing strong demand growth. It maintained a BUY rating on Exide Industries shares and raised the target price to Rs 630 from Rs 560.
Exide Industries to Pay Whopping Dividend - 22 Jul, 2024
Exide Industries is set to reward its investors by paying a dividend of 200% per stock. The company has also announced a final dividend of Rs 2 with an ex-date on July 22.
Exide Industries Shareholders Earn 46% CAGR Over Last Three Years - 14 Jul, 2024
Exide Industries shareholders have earned a 46% CAGR over the last three years, with the share price up 204%. The company's EPS grew at 5.8% per year over three years, but the 45% per year gain in the share price outpaces this growth. Exide Industries' TSR for the last 3 years was 210%, largely due to its dividend payments.
Exide Industries Plans Aggressive Bids for Submarine Battery Orders; Stock Falls Due to Profit Booking - 10 Jul, 2024
Exide Industries is planning to bid aggressively for submarine battery supply orders in Russia and Algeria. However, the company's stock has fallen by 5% to ₹549 apiece due to profit booking after reaching an all-time high of ₹620 on June 25, leading to a 12% decline to date.
Exide Industries Launches New Battery Products, Sets Up Lithium-Ion Cell Manufacturing Plant - 04 Jul, 2024
Exide Industries is set to introduce new Absorbent Glass Mat (AGM) batteries for the automotive market and expects them to become a significant portion of all four-wheeler battery requirements. The company is also setting up a Gigafactory for lithium-ion cell manufacturing in Karnataka.
Exide Invests Rs 50 Crore in Wholly-Owned Subsidiary - 27 Jun, 2024
Exide Industries has invested Rs 50 crore in its wholly-owned subsidiary, Exide Energy Solutions, to fund a greenfield project in Bengaluru. The investment brings the total amount invested by Exide Industries in EESL to Rs 2,502.24 crore.
Exide Industries Stock Hits Record High Amid Lithium-Ion Battery Push - 25 Jun, 2024
Exide Industries invests in its lithium-ion battery subsidiary, secures rights to use and commercialize SVOLT's technology, but faces risks of cannibalization and potential moderation of valuation multiples.
Insights on Exide Industries Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 1 Year
In the last 1 year, EXIDEIND has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 13.57% to 13.74% in Jun 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 4.00K Cr → 4.17K Cr (in ₹), with an average increase of 4.1% per quarter
- POSITIVE IMPACT
Price Rise
In the last 6 months, EXIDEIND stock has moved up by 73.4%
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 21.87% to 22.39% in Jun 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 45.99% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Cummins India Ltd has given 319.9% return, outperforming this stock by 113.1%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 3 quarters, 269.4 Cr → 184.74 Cr (in ₹), with an average decrease of 16.7% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 13.23% to 12.15% in Jun 2024 quarter
News
Tech Mahindra Q1 Preview: Revenue may fall 2% YoY on seasonal impact; deal wins to be muted
Tech Mahindra's Q1 FY24 revenue growth faced seasonal decline in Comviva business but saw a 24% net profit jump. Deal wins remained muted amid macro uncertainty... Read more
24 Jul, 2024 02:32 PMTech Mahindra Q1 earnings preview: Analysts forecast 30% profit boost, marginal revenue increase
According to the average of 10 estimates compiled by Moneycontrol, Tech Mahindra's net profit is projected to increase over 30 percent quarter-over-quarter, rea... Read more
24 Jul, 2024 04:16 PMTech Mahindra Q1 Results 2024: Date, Time, Where to Watch?
Tech Mahindra's official website (www.techmahindra.com) typically publishes their financial statements and quarterly results under the Investors or Investor Rel... Read more
24 Jul, 2024 05:51 PMCompany Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹4,172.90Cr | ↑4.85% |
Net Income | ₹185.70Cr | ↓8.38% |
Net Profit Margin | 4.45% | ↓12.57% |
| 2024 | Y/Y Change | |
|---|---|---|
Revenue | ₹16,769.73Cr | ↑11.22% |
Net Income | ₹882.82Cr | ↑7.30% |
Net Profit Margin | 5.26% | ↓3.66% |
| 2024 | Y/Y Change | |
|---|---|---|
Total Assets | ₹16,931.82Cr | ↑19.73% |
Total Liabilities | ₹3,794.58Cr | ↑29.43% |
| 2024 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹1,996.52Cr | ↑135.34% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 45.99% | 0.00 | |
| Foreign Institutions | 13.74% | 1.26 | |
| Mutual Funds | 12.15% | ||
| Retail Investors | 22.39% | 2.38 | |
| Others | 5.73% | 7.29 |
Key Indicators
Exide Industries Ltd Valuation
Exide Industries Ltd in the last 5 years
Lowest (2.57x)
June 20, 2022
Today (53.03x)
July 23, 2024
Industry (62.42x)
July 23, 2024
Highest (56.22x)
June 25, 2024
Earnings and Dividends
Exide Industries Ltd Earnings Results
Exide Industries Ltd’s net profit jumped 2.56% since last year same period to ₹184.74Cr in the Q4 2023-2024. On a quarterly growth basis, Exide Industries Ltd has generated -7.74% fall in its net profits since last 3-months.
Read More about Earnings ResultsExide Industries Ltd Dividends April,2024
In the quarter ending March 2024, Exide Industries Ltd has declared dividend of ₹2 - translating a dividend yield of 0.73%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Exide Industries Ltd is currently in a Neutral trading position according to technical analysis indicators.
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Exide Industries Ltd shares.
Exide Industries Ltd (EXIDEIND) share price today is ₹539.85
Exide Industries Ltd is listed on NSE
Exide Industries Ltd is listed on BSE
- Today’s highest price of Exide Industries Ltd is ₹550.15.
- Today’s lowest price of Exide Industries Ltd is ₹538.05.
PE Ratio of Exide Industries Ltd is 53.03
PE ratio = Exide Industries Ltd Market price per share / Exide Industries Ltd Earnings per share
Today’s traded volume of Exide Industries Ltd(EXIDEIND) is 38.26L.
Today’s market capitalisation of Exide Industries Ltd(EXIDEIND) is ₹46473.75Cr.
| Exide Industries Ltd(EXIDEIND | Price |
|---|---|
52 Week High | ₹620.35 |
52 Week Low | ₹241.7 |
Exide Industries Ltd(EXIDEIND) share price is ₹539.85. It is down -12.98% from its 52 Week High price of ₹620.35
Exide Industries Ltd(EXIDEIND) share price is ₹539.85. It is up 123.36% from its 52 Week Low price of ₹241.7
| Exide Industries Ltd(EXIDEIND | Returns |
|---|---|
1 Day Returns | -6.9% |
1 Month Returns | -4.72% |
3 Month Returns | 22.99% |
1 Year Returns | 117.4% |