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Exide Industries Ltd share price logo

Exide Industries Ltd

(EXIDEIND)

₹415.351.46%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Exide Industries Ltd Analyst Rating

based on 19 analysts

HOLD

45.00%

Buy

35.00%

Hold

20.00%

Sell

Based on 19 analysts offering long term price targets for Exide Industries Ltd. An average target of ₹462.32

Source: S&P Global Market Intelligence

Exide Industries Ltd Share analysis

Exide Industries Ltd price forecast by 19 analysts

Upside of9.68%

High

₹570

Target

₹462.32

Low

₹275

Exide Industries Ltd target price ₹462.32, a slight upside of 9.68% compared to current price of ₹415.35. According to 19 analysts rating.

Source: S&P Global Market Intelligence

Exide Industries Ltd Performance

  • Day's Low

    Day's High

    ₹411
    ₹420.95
  • 52 Week's Low

    52 Week's High

    ₹278.5
    ₹620.35
1 Month Return-13.42 %
3 Month Return-17.03 %
1 Year Return+ 47.58 %
Previous Close₹421.50
Open₹420.95
Volume17.47L
Upper Circuit-
Lower Circuit-
Market Cap₹35,827.50Cr

Exide Industries Ltd Key Statistics

P/E Ratio42.84
PEG Ratio-107.09
Market Cap₹35,827.50 Cr
P/B Ratio1.97
EPS10.39
Dividend Yield0.66
SectorAuto Ancillaries
ROE8.65

Exide Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹35,827.50 Cr24.9%0.52₹882 Cr₹16,769 Cr
BUY₹22,837.90 Cr13.47%0.53₹934 Cr₹11,708 Cr

About Exide Industries Ltd

Exide Industries Ltd is one of India's oldest and most trusted companies. Established in 1947, Exide Industries Ltd is a leading manufacturer of a wide range of batteries and related power storage solutions. It has a strong presence in India, with a network of over 2,200 customer touch points.

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: ₹415.35 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹35,827.50Cr as of today
Revenue: ₹4,450.00Cr as on September 2024 (Q3 24)
Net Profit: ₹233.40Cr as on September 2024 (Q3 24)
Listing date: 02 Jan, 1995
Chairperson Name: Bharat Shah
OrganisationExide Industries Ltd
Headquarters
IndustryAuto Ancillaries
E-voting on sharesClick here to vote
Exide Batteries Share Price

Key events for Exide Industries Ltd

  • Nomura Downgrades Exide Industries Amid Profitability Concerns - 13 Nov, 2024

    Nomura downgraded Exide Industries from Buy to Neutral due to missed earnings estimates and concerns over declining lithium cell prices and slower EV adoption. The price target was reduced to Rs 439 from Rs 589.

  • Exide Industries Invests in Subsidiary Exide Energy Solutions - 12 Nov, 2024

    Exide Industries Limited announced a Rs. 99.99 crore investment in its subsidiary, Exide Energy Solutions, through a rights issue, raising total investment to Rs. 2,952.24 crore. Analysts have mixed views, with Sharekhan maintaining a Buy rating and Prabhudas Lilladher advising Hold due to subdued growth outlook.

  • Exide Industries Faces Continued Stock Decline - 08 Nov, 2024

    Exide Industries shares have dropped 30% from July's high, with Q2 earnings disappointing analysts. Price targets have been revised down by multiple brokerages amid ongoing selling pressure.

  • Telangana Emerges as Automotive and EV Hub - 06 Nov, 2024

    Exide Industries is part of a transformative initiative in Telangana, where advanced manufacturing facilities are being established for traditional automotive components and electric vehicle technologies.

  • Exide Industries Faces Challenges Post Q2 Results - 05 Nov, 2024

    Exide Industries reported a smaller-than-expected Q2 profit, leading to a five-month low in shares. Brokerages cut target prices due to weak demand and rising costs, though Nomura remains optimistic about future growth in auto replacement demand.

  • Exide Industries Q2 Results Show Profit Decline - 04 Nov, 2024

    Exide Industries reported a 13.66% decline in Q2 PAT to Rs 233.4 crore, with shares dropping 4% after missing profit estimates. Despite robust demand in some segments, higher expenses impacted profitability.

  • Exide Industries Ltd Sees Positive Momentum - 30 Oct, 2024

    Exide Industries Ltd shares rose 1.23% to Rs 472.8, marking a third consecutive session of gains. The stock has surged 85.12% over the past year, outperforming both NIFTY and the Nifty Auto index. However, it has dropped 7.58% in the last month. The trading volume today was lower than the monthly average.

  • Atul Greentech Partners with EESL for Battery Supply - 23 Oct, 2024

    Atul Greentech Pvt Ltd, a subsidiary of Atul Auto, will source lithium-ion battery packs from EESL's facility in Gujarat and cells from its upcoming Bangalore plant.

  • Exide Industries Signs Solar Pact and Bullish Outlook - 15 Oct, 2024

    Exide Industries is experiencing renewed bullish momentum, with an analyst targeting Rs 585-590. The company also signed a solar power supply agreement and acquired a stake in Clean Max Beta Pvt.

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.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 22.39% to 23.72% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 12.15% to 12.59% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 4.00K Cr → 4.49K Cr (in ₹), with an average increase of 3.7% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 184.74 Cr → 231.28 Cr (in ₹), with an average increase of 10.5% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 45.99% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Samvardhana Motherson International Ltd has given 86.9% return, outperforming this stock by 39.3%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 275.4% return, outperforming this stock by 126.9%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 13.74% to 12.31% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, EXIDEIND stock has moved down by -13.4%

News

Adani Group investments: Are Congress and its allies practicing what they preach?

BRS in Telangana is questioning the Congress on its double standards — signing contracts with Adani while accusing him of corruption.21 Nov, 2024 03:56 PM

Ambuja Cements Reacts to U.S. DOJ and SEC Actions on Azure

Ambuja Cements Ltd has acknowledged the actions taken by the U.S. Department of Justice and SEC involving former directors and officers of Azure. The company has been cooperative and stresses their co21 Nov, 2024 04:21 PM

Adani Group Stocks Rebound After US Bribery and Fraud Allegations, Clarification Issued

Adani Group stocks recover in late trading after a clarification regarding US bribery and fraud charges.21 Nov, 2024 05:07 PM
View More

Exide Industries Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹4,371.52Cr (-)₹3,979.83Cr (↓8.96%)₹4,172.90Cr (↑4.85%)₹4,435.71Cr (↑6.30%)₹4,450.00Cr (↑0.32%)
Net Income₹270.32Cr (-)₹202.69Cr (↓25.02%)₹185.70Cr (↓8.38%)₹220.75Cr (↑18.87%)₹233.40Cr (↑5.73%)
Net Profit Margin6.18% (-)5.09% (↓17.64%)4.45% (↓12.57%)4.98% (↑11.91%)5.24% (↑5.22%)
Value in ₹ crore
Details2021202220232024
Total Assets₹9,669.98Cr (-)₹13,471.00Cr (↑39.31%)₹14,141.40Cr (↑4.98%)₹16,931.82Cr (↑19.73%)
Total Liabilities₹2,776.47Cr (-)₹2,872.90Cr (↑3.47%)₹2,931.65Cr (↑2.04%)₹3,794.58Cr (↑29.43%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹913.63Cr (-)₹1,413.39Cr (↑54.70%)₹20.45Cr (↓98.55%)₹848.37Cr (↑4,048.51%)₹1,996.52Cr (↑135.34%)

Index Inclusions

Nifty Midcap 100

₹54,385.35

-0.3 (-162.9%)

BSE 500

₹34,361.41

-0.84 (-289.42%)

BSE Auto

₹52,303.81

-0.91 (-478.58%)

Nifty Auto

₹23,145.90

-0.91 (-213.6%)

Nifty Midcap 150

₹20,180.90

-0.38 (-77.2%)

Nifty LargeMidcap 250

₹15,236.40

-0.68 (-104.3%)

Nifty 200

₹13,129.70

-0.87 (-115.1%)

S&P BSE 400 MidSmallCap

₹11,623.42

-0.49 (-57.13%)

Nifty MidSmallcap 400

₹18,989.75

-0.45 (-86.25%)

Nifty 500

₹21,820.85

-0.83 (-183.5%)

S&P BSE 250 SmallCap

₹6,734.99

-0.72 (-48.51%)

BSE Mid-Cap

₹44,467.99

-0.37 (-162.97%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Exide Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
45.99%
0.00
Foreign Institutions
12.31%
-10.41
Mutual Funds
12.59%
3.66
Retail Investors
23.72%
5.94
Others
5.38%
-6.02

Exide Industries Ltd Key Indicators

Details20202021202220232024
Book Value Per Share (₹)76.0985.56124.51130.97151.6
Details20202021202220232024
Earning Per Share (₹)8.979.4551.269.6810.39
Details20202021202220232024
Return On Equity %13.4411.59.748.298.65
Details20202021202220232024
Return On Assets %9.398.3832.425.825.18

Exide Industries Ltd Valuation

Exide Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (2.57x)

June 20, 2022

Today (42.84x)

November 19, 2024

Industry (50.62x)

November 19, 2024

Highest (56.27x)

July 9, 2024

LowHigh

Exide Industries Ltd Earnings and Dividends

  • Exide Industries Ltd Earnings Results

    Exide Industries Ltd’s net profit fell -14.15% since last year same period to ₹231.28Cr in the Q2 2024-2025. On a quarterly growth basis, Exide Industries Ltd has generated 5.1% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Exide Industries Ltd Dividends April,2024

    In the quarter ending March 2024, Exide Industries Ltd has declared dividend of ₹2 - translating a dividend yield of 0.95%.

    Read More about Dividends

Exide Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Exide Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Exide Industries Ltd

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Exide Industries Ltd (EXIDEIND) share price today is ₹415.35

Exide Industries Ltd is listed on NSE

Exide Industries Ltd is listed on BSE

  • Today’s highest price of Exide Industries Ltd is ₹420.95.
  • Today’s lowest price of Exide Industries Ltd is ₹411.

PE Ratio of Exide Industries Ltd is 42.84

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 17.47L.

Today’s market capitalisation of Exide Industries Ltd(EXIDEIND) is ₹35827.5Cr.

Exide Industries Ltd(EXIDEINDPrice
52 Week High
₹620.35
52 Week Low
₹278.5

Exide Industries Ltd(EXIDEIND) share price is ₹415.35. It is down -33.05% from its 52 Week High price of ₹620.35

Exide Industries Ltd(EXIDEIND) share price is ₹415.35. It is up 49.14% from its 52 Week Low price of ₹278.5

Exide Industries Ltd(EXIDEINDReturns
1 Day Returns
-6.15%
1 Month Returns
-13.42%
3 Month Returns
-17.03%
1 Year Returns
47.58%