1. India Stocks

  2. •

    Industrials

  3. •

    Electrical Equipment & Parts
Eveready Industries India Limited

Eveready Industries India Limited

EVEREADY.BO
Eveready Industries India LimitedIN flagBombay Stock Exchange
361.35
INR
+6.75
- -
26.27BMarket Cap
Eveready Industries India Limited
EVEREADY.BO
(Bombay Stock Exchange)

Recent

price

361.35

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
147.6
151.34
142.44
158.68
175.95
182.33
186.6
200.67
205.11
166.23
170.17
164.6
181.62
178.92
184.94
200.24
200.07
Revenue per Share
-1.92
-12.11
0.7
1.87
6.73
9.5
12.87
7.31
6.58
24.53
-42.86
6.39
3.8
9.19
11.34
23.6
23.58
Basic EPS, GAAP
6.17
1.12
7.04
10.04
9.86
13.34
-3.42
5.39
-1.88
15.94
22.17
16.8
1.67
16.46
4.57
-1.58
- -
Free Cash Flow per Basic Share
0.57
0.49
- -
0.07
0.49
1
1
- -
1.5
- -
- -
- -
- -
- -
1
1.51
- -
Dividend per Share
5
-11.87
-0.72
0.56
4.84
-11.79
-0.24
7.11
11.64
36.29
-6.41
-0.23
3.76
13.01
23.21
5
5
Book Value per Share
13.16
-4.22
9.14
13.1
19.59
27.82
38.99
46.71
50.28
75.31
32.83
39.09
43.1
52.14
62.59
85.04
84.97
Tangible Book Value per Share
73
73
73
73
73
73
73
73
73
73
73
73
73
73
73
73
73
Basic Weighted Avg Shares
10,729
11,001
10,353
11,534
12,789
13,253
13,563
14,586
14,909
12,083
12,369
11,965
13,202
13,005
13,445
14,554
14,554
Sales/Revenue/Turnover
-72.74
1.2
2.93
4.24
7.28
8.33
8.78
5.93
6.61
8.33
16.41
7.83
6.32
8.58
9.13
9.18
9.18
Operating Margin (%)
333
292
351
418
320
139
149
192
218
290
272
275
274
303
296
302
302
Depreciation Expense
-140
-881
51
136
489
690
935
532
478
1,783
-3,115
465
276
668
824
1,715
1,715
Net Income, GAAP
- -
- -
- -
17.53
20.97
19.36
10.59
29.69
20.01
18.52
- -
4.05
20.29
17.21
16.31
- -
55.59
Effective Tax Rate (%)
-1.3
-8
0.49
1.18
3.83
5.21
6.9
3.64
3.21
14.76
-25.18
3.88
2.09
5.13
6.13
11.79
11.79
Profit Margin (%)
528
-1,467
-1,135
-1,161
-643
-39
123
405
1,426
3,016
-386
-252
339
590
715
1,400
1,400
Working Capital
195
1,508
832
460
526
665
945
854
2,100
1,686
2,378
2,034
2,266
1,592
1,741
1,346
1,346
LT Debt
6,454
5,051
5,841
5,935
1,459
2,063
2,895
3,427
3,759
5,555
2,449
2,901
3,194
3,867
4,611
6,229
6,229
Total Equity
- -
- -
- -
5.09
13.03
23.28
22.57
10.5
11.09
9.25
- -
13
9.47
13.14
14.05
- -
- -
Return on Invested Capital (%)
- -
- -
- -
19.36
34.68
53.11
68.52
27.21
20.47
40.66
- -
22.95
16.57
22.51
23.57
- -
- -
Return on Capital (%)
-38.41
- -
- -
- -
248.91
133.35
- -
- -
70.19
102.34
- -
- -
- -
109.55
62.62
167.28
472.01
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1,663
- -
672
LT Borrowings
1,690
- -
1,203
LT Finance Leases
214
- -
143
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
73
- -
73
Market Capitalization
27,456
23,994
19,106

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
5,491
- -
5,746
Cash, Cash Equivalents & STI
460
- -
447
Accounts Receivable, Net
1,320
- -
1,173
Inventories
2,846
- -
3,018
Total Current Liabilities
4,855
- -
4,346
Payables & Accruals
- -
- -
- -
ST Debt
1,663
- -
672
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.42%
20.79%
35.1%
Free Cash Flow
-86.7%
112.37%
-134.52%
Net Income, GAAP
9.81%
23.55%
108.07%
Sales/Revenue/Turnover
1.27%
3.44%
8.25%
Total Cash Common Dividend
- -
- -
50.76%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,636
3,649
3,049
2,671
13,005
2025
3,494
3,626
3,335
2,990
13,445
2026
3,741
3,868
3,672
3,272
14,554

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.42
3.5
1.16
- -
9.19
2025
4.04
4.07
1.8
1.43
11.34
2026
4.16
-1.09
1.02
19.5
23.6

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
1.51
Similar Companies
FW Thorpe Plc (TFW.L)
ZHEJIANG NARADA POWER SOURCE Co. , Ltd. (300068.SZ)
Chicony Power Technology Co., Ltd. (6412.TW)
Middle East Specialized Cables Co. (2370.SR)
Linc Limited (LINCPEN.NS)
Landis+Gyr Group AG (0RTL.L)
Business
Eveready Industries India Limited manufactures and markets dry cell batteries, rechargeable batteries, flashlights, lanterns, lighting products, and electrical accessories in India and select international markets. The company's core offerings include zinc carbon and alkaline batteries under brands such as Eveready, Eveready Ultima, PowerCell, Shakti, and Uniross; flashlights and portable lanterns featuring trendy plastic, brass, aluminum, and rechargeable models under Eveready and PowerCell; and a comprehensive range of lighting solutions encompassing LED bulbs, emergency LEDs, smart ambient lighting, LED panels, downlights, spotlights, battens, floodlights, streetlights, indoor commercial lighting, industrial lighting, and outdoor lighting under Eveready and PowerCell. It also provides electrical accessories to support modern consumer needs. Founded in 1934 and headquartered in Kolkata, West Bengal, the company operates manufacturing facilities in locations including Matia, Lucknow, Noida, Haridwar, Maddur, and Kolkata, adhering to ISO 9000 quality and ISO 14000 environmental standards with a DSIR-approved R&D facility. Eveready commands over 50% market share in India's battery segment and targets both consumer (B2C) and business-to-business (B2B) customers, including OEMs for applications like medical devices, across rural and urban markets primarily in India. In recent developments, Eveready forayed into the mobile accessories segment in September 2025 with fast-charging power banks and chargers, expanding its portable energy portfolio to address digital connectivity demands. The company acquired a greenfield production facility for premium alkaline batteries in Jammu, targeting up to 450 million units annually to enhance cost competitiveness for B2C, B2B OEM, and export opportunities, with operations slated for late 2025 or FY2026 alongside INR 180 crore CapEx funded by a mix of self-financing and debt. It continues to pursue revenue tripling in the lighting segment through premium products and maintains leadership in rechargeable flashlights.