Exide Industries Share Price
EXIDEIND
Exide Industries Share Price Chart
About Exide Industries
Exide Industries Financials
Market cap ₹39,330 Crs | Open ₹454.00 | Close ₹453.45 |
Circuit range ₹508.95 - ₹416.45 | Day range ₹452.40 - ₹465.80 | Year range ₹278.50 - ₹620.35 |
Volume 35,12,144 | Avg. traded ₹461.23 | Revenue (12m) ₹17,038 Crs |
Exide Industries Ltd is a significant player in battery production globally. The Kolkata headquartered company was founded in 1947. Exide is one of India's foremost storage battery companies, offering an extensive range including traditional flooded and cutting-edge VRLA (valve regulated lead acid) batteries. Beyond the domestic market, the company exports batteries that are quite popular in Southeast Asian and European markets.
The company manufactures the widest range of storage batteries catering to different industries. Exide Industries markets its products in India under the brand names of Exide, SF, Sonic and Standard Furukawa. The company is also a major supplier of batteries to car and two-wheeler manufacturers. In the international market the company’s products are sold under the Dynex, Index and Sonic brands.
The market capitalisation of Exide Industries Ltd stood at ₹24,654 crore as of December 21, 2023. Exide Industries share price has gained 51% in the last three years.
Business operations
In its journey of over seven decades, Exide Industries has expanded its operations globally. It operates subsidiaries in the United Kingdom, Singapore and Sri Lanka. It exports products to 60 countries across 6 continents.
Exide's manufacturing operations are carried out at ten factories across India. Seven of these factories are dedicated to battery production, while the remaining two focus on home UPS systems. Together, these factories have an annual output of 54 million automotive batteries (including those for motorcycles) and over 5.8 billion Ampere-Hours of industrial power supply.
In 1976, Exide Industries established its R&D centre, which is known as a leading battery research facility globally. Exide has also acquired new technology through collaborations with leading international battery manufacturers. Exide has partnerships with Furukuwa of Japan, Oldham of the UK and East Penn Manufacturing of the US.
Exide designs, produces and markets the most extensive variety of lead acid storage batteries worldwide, ranging from 2.5Ah to 20,600Ah capacity. This diverse range caters to many sectors such as automobile, power, telecom, infrastructure projects, computer industries, railways, mining and defence sectors.
The company produces a diverse range of batteries catering to automotive industry, industrial users, submarine producers and domestic users. The company also manufactures inverter batteries, UPS systems, integrated power backup systems, solar products, batteries for gensets, e-rickshaw batteries. Its industrial batteries primarily cater to railways, telecom, power plants and solar energy projects.
Exide Industries is one among the only five companies in the world who have the capability to produce submarine batteries for Russian and German types.
Exide also provides services including equipment selection, battery sizing, optimal room layout, installation, operation and maintenance services.
The company’s subsidiaries include Chloride Metals Ltd, Exide Energy Pvt Ltd, Exide Energy Solutions Ltd, Chloride International Ltd, Chloride Batteries SE Asia Pte Ltd, ESPEX Batteries Ltd and Associated Battery Manufacturers (Ceylon) Ltd.
Financial highlights
Revenue from operations for FY 2022-23 stood at ₹15,078.16 crore, up 17.8% from ₹12,789.22 crore in FY22. Profit after tax (PAT) increased 18% to ₹904 crore in FY23. In FY23, the earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at ₹1,568 crore, reflecting a growth of 12.1% from the previous year's ₹1,398 crore. The company's earnings per share (EPS) stood at ₹9.68 in FY23 compared to ₹51.38 in the previous financial year.
Exide Industries Key indicators
52 week high ₹620.35 | 52 week low ₹278.50 | P/E ratio 47 |
P/B ratio 2.84 | ROE 8.65% | ROCE 11.99% |
Dividend yield 0.43% | Debt/Equity ratio | EPS 12.39 |
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Analyst ratings:
Analyst ratings:
47%
Hold
35%
Sell
18%
This analysis is based on the reviews of 17 experts in the last 7 days
Exide Industries Fundamentals
Exide Industries Financial Ratios
Operating profit margin12.21% | Net profit margin6.57% |
ROE8.65% | ROA6.84% |
ROCE11.99% |
Quick ratio0.63 | Current ratio1.63 |
Interest coverage29.36 | Asset turnover1.04 |
Debt to Equity0 |
P/E ratio47 | P/B ratio2.84 |
EV / EBITDA13.11 | |
Dividend yield0.43% |
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Revenue statement
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Exide Industries Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Dec 6 2024 | ₹454.00 | ₹462.70 | |
Thu, Dec 5 2024 | ₹456.80 | ₹453.45 | -0.27% |
Wed, Dec 4 2024 | ₹455.65 | ₹454.70 | -0.19% |
Tue, Dec 3 2024 | ₹453.75 | ₹455.55 | |
Mon, Dec 2 2024 | ₹456.70 | ₹451.25 | -0.30% |
Fri, Nov 29 2024 | ₹457.00 | ₹452.60 | -0.97% |
Thu, Nov 28 2024 | ₹445.05 | ₹457.05 | |
Wed, Nov 27 2024 | ₹426.00 | ₹445.05 |
Events
Corporate actions
Dividend • ₹2/share
Ex date 22 Jul 2024
Dividend • ₹2/share
Ex date 01 Aug 2023
Dividend • ₹2/share
Ex date 07 Feb 2022
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Exide Industries Futures & Options
Expiry dates | Current price | Change % |
---|---|---|
EXIDEIND 470 CE 26 DEC 24 | ₹10.45 | |
EXIDEIND 460 CE 26 DEC 24 | ₹15.40 | |
EXIDEIND 500 CE 26 DEC 24 | ₹2.80 | |
EXIDEIND 480 CE 26 DEC 24 | ₹6.80 |