Exide Industries Ltd
Exide Industries Ltd is primarily engaged in the manufacturing of storage batteries and allied products in India. [1]
- Market Cap ₹ 35,305 Cr.
- Current Price ₹ 415
- High / Low ₹ 620 / 278
- Stock P/E 42.2
- Book Value ₹ 163
- Dividend Yield 0.48 %
- ROCE 10.2 %
- ROE 7.05 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 2.55 times its book value
* 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 BSE 250 SmallCap Index Nifty 500 Nifty LargeMidcap 250 Nifty 500 Multicap 50:25:25 Nifty Auto
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
6,308 | 8,254 | 9,471 | 9,477 | 11,179 | 12,808 | 14,721 | 14,471 | 10,359 | 12,789 | 15,078 | 16,770 | 17,038 | |
5,452 | 7,385 | 8,528 | 8,289 | 9,805 | 11,400 | 13,159 | 13,014 | 8,994 | 11,387 | 13,485 | 14,946 | 15,213 | |
Operating Profit | 855 | 869 | 944 | 1,187 | 1,374 | 1,408 | 1,562 | 1,457 | 1,366 | 1,402 | 1,593 | 1,823 | 1,825 |
OPM % | 14% | 11% | 10% | 13% | 12% | 11% | 11% | 10% | 13% | 11% | 11% | 11% | 11% |
56 | 73 | 94 | 59 | 102 | 21 | 148 | 40 | 132 | 3,725 | 125 | 88 | 87 | |
Interest | 12 | 14 | 9 | 79 | 153 | 114 | 117 | 108 | 37 | 64 | 79 | 120 | 126 |
Depreciation | 122 | 140 | 155 | 175 | 226 | 267 | 344 | 418 | 394 | 440 | 502 | 560 | 576 |
Profit before tax | 777 | 787 | 874 | 992 | 1,097 | 1,048 | 1,249 | 972 | 1,068 | 4,623 | 1,138 | 1,231 | 1,210 |
Tax % | 31% | 31% | 29% | 29% | 27% | 34% | 32% | 22% | 25% | 6% | 28% | 28% | |
551 | 546 | 616 | 700 | 804 | 694 | 847 | 762 | 803 | 4,357 | 823 | 883 | 843 | |
EPS in Rs | 6.46 | 6.41 | 7.23 | 8.20 | 9.42 | 8.13 | 9.95 | 9.14 | 9.53 | 51.38 | 9.68 | 10.31 | 9.84 |
Dividend Payout % | 25% | 28% | 30% | 29% | 25% | 30% | 24% | 45% | 21% | 4% | 21% | 19% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 3% |
3 Years: | 17% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 2% |
3 Years: | 2% |
TTM: | -4% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 17% |
3 Years: | 35% |
1 Year: | 47% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 17% |
3 Years: | 19% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 |
Reserves | 2,995 | 3,375 | 3,756 | 4,305 | 4,947 | 5,344 | 6,022 | 6,382 | 7,187 | 10,499 | 11,047 | 12,801 | 13,740 |
51 | 35 | 58 | 115 | 187 | 60 | 89 | 196 | 509 | 520 | 588 | 1,123 | 1,867 | |
8,178 | 8,999 | 9,989 | 10,866 | 12,546 | 14,326 | 16,235 | 17,688 | 20,625 | 2,799 | 3,037 | 4,140 | 4,592 | |
Total Liabilities | 11,309 | 12,494 | 13,887 | 15,370 | 17,765 | 19,815 | 22,431 | 24,351 | 28,406 | 13,902 | 14,758 | 18,149 | 20,284 |
1,677 | 1,686 | 1,781 | 1,975 | 2,259 | 2,681 | 3,080 | 3,248 | 3,599 | 3,361 | 3,682 | 3,853 | 4,061 | |
CWIP | 61 | 63 | 115 | 192 | 149 | 241 | 300 | 405 | 431 | 341 | 525 | 1,352 | 2,464 |
Investments | 6,787 | 7,890 | 8,817 | 10,446 | 11,884 | 12,490 | 14,328 | 15,816 | 18,807 | 5,558 | 5,106 | 5,940 | 6,774 |
2,784 | 2,855 | 3,175 | 2,757 | 3,474 | 4,402 | 4,723 | 4,883 | 5,570 | 4,642 | 5,444 | 7,004 | 6,985 | |
Total Assets | 11,309 | 12,494 | 13,887 | 15,370 | 17,765 | 19,815 | 22,431 | 24,351 | 28,406 | 13,902 | 14,758 | 18,149 | 20,284 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
399 | 872 | 180 | 1,583 | 937 | 914 | 1,687 | 1,619 | 2,263 | 61 | 768 | 1,531 | |
-86 | -591 | -61 | -1,329 | -727 | -535 | -1,438 | -1,097 | -2,082 | 66 | -799 | -1,458 | |
-155 | -215 | -199 | -167 | -182 | -386 | -217 | -532 | -170 | -172 | -30 | 110 | |
Net Cash Flow | 158 | 66 | -79 | 87 | 28 | -6 | 32 | -9 | 11 | -45 | -61 | 183 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 34 | 29 | 27 | 28 | 24 | 31 | 31 | 27 | 38 | 31 | 30 | 30 |
Inventory Days | 126 | 118 | 129 | 106 | 131 | 120 | 107 | 138 | 144 | 120 | 121 | 124 |
Days Payable | 89 | 100 | 82 | 96 | 93 | 91 | 81 | 92 | 130 | 78 | 65 | 87 |
Cash Conversion Cycle | 71 | 47 | 74 | 37 | 61 | 60 | 56 | 73 | 52 | 74 | 85 | 67 |
Working Capital Days | 40 | 12 | 22 | 2 | 16 | 23 | 17 | 23 | -11 | 44 | 50 | 37 |
ROCE % | 27% | 24% | 23% | 26% | 26% | 23% | 21% | 17% | 14% | 11% | 10% | 10% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
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Appointment Of Senior Management Personnel
1d - Appointment of Mr. Rajeev Khandelwal as Senior Management Personnel.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper publication wrt. completion of Postal Ballot Notice of Company on 18th November 2024.
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
18 Nov - Postal ballot notice for appointing independent director.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
18 Nov - Transcript of Q2 FY 2024-25 earnings call.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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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.