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Exide Industries Limited

Exide Industries Limited

EXIDEIND.BO
Exide Industries LimitedIN flagBombay Stock Exchange
414.40
INR
-1.35
- -
352.24BMarket Cap
Exide Industries Limited
EXIDEIND.BO
(Bombay Stock Exchange)

Recent

price

414.40

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
56.07
62.54
74.84
94.9
107.76
105.62
118.64
139.44
160.26
155.05
121.25
149.56
176.24
196.15
201.7
210.68
211.73
Revenue per Share
7.76
5.25
6.46
6.41
7.23
8.2
9.42
8.13
9.95
9.14
9.53
51.38
9.68
10.31
9.35
10.05
10.05
Basic EPS, GAAP
1.8
4.61
2.67
8.41
-1.78
13.64
5.84
1.25
10.3
11.9
9.87
1.15
-2.65
-4.03
-7.95
14.83
- -
Free Cash Flow per Basic Share
1.8
1.69
1.91
2.02
2.63
2.78
2.92
2.92
2.89
5.91
2
2
- -
2
2
2
- -
Dividend per Share
18.67
21.88
1
1
36.79
42.14
48.73
54.14
61.22
64.34
71.79
125.09
134.55
142.88
150.16
158.27
158.29
Book Value per Share
27.63
31.07
29.29
33.71
39.99
44.61
52.17
56.79
64.49
68.72
78.1
123.35
127.63
148.49
160.41
160.02
160.03
Tangible Book Value per Share
850
850
850
850
850
850
850
850
850
850
850
850
850
850
850
850
850
Basic Weighted Avg Shares
47,661
53,156
63,611
80,663
91,600
89,780
100,842
118,528
136,223
131,794
103,058
127,128
149,807
166,730
171,445
179,080
179,954
Sales/Revenue/Turnover
18.17
12.29
11.62
12.56
11.09
11.21
16.18
12.64
14.11
13.3
9.44
7.58
7.29
7.71
7.29
7.35
7.12
Operating Margin (%)
896
1,084
1,220
1,404
1,553
1,753
2,259
2,672
3,435
4,176
3,935
4,395
5,010
5,604
5,823
5,888
5,888
Depreciation Expense
6,595
4,461
5,494
5,447
6,146
6,974
8,010
6,910
8,456
7,768
8,099
43,669
8,227
8,767
7,950
8,542
8,542
Net Income, GAAP
31.09
29.87
30.51
30.58
29.44
29.44
26.72
33.76
32.16
21.55
26.52
27.72
27.67
28.29
31.93
31.14
31.14
Effective Tax Rate (%)
13.84
8.39
8.64
6.75
6.71
7.77
7.94
5.83
6.21
5.89
7.86
34.35
5.49
5.26
4.64
4.77
4.75
Profit Margin (%)
11,166
12,718
15,699
13,353
15,587
18,580
22,278
20,350
20,853
21,584
14,511
23,034
26,668
18,040
13,237
12,970
12,970
Working Capital
80
26
24
43
33
26
8
89
98
1,104
4,268
3,836
4,404
6,340
13,843
13,708
13,708
LT Debt
23,958
26,998
30,908
34,713
40,055
44,044
50,479
54,473
61,399
65,143
73,185
106,240
111,413
129,015
139,341
139,312
139,312
Total Equity
25.81
17.36
17.15
20.82
18.73
16.39
24.24
18.17
21.72
20.91
9.72
7.23
6.81
7.08
5.61
5.7
5.55
Return on Invested Capital (%)
44.48
25.18
53.99
393.29
36.94
21.61
22.48
16.79
18.32
15.71
13.59
49.54
7.54
7.53
6.35
6.2
6.25
Return on Capital (%)
48.77
25.89
56.5
640.78
38.27
20.79
20.74
15.8
17.25
14.56
14
52.19
7.46
7.44
6.38
6.52
6.52
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
2,635
- -
2,046
LT Borrowings
9,465
- -
9,064
LT Finance Leases
4,347
- -
4,643
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
850
- -
850
Market Capitalization
332,499
307,795
244,773

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
66,499
- -
70,785
Cash, Cash Equivalents & STI
9,026
- -
10,820
Accounts Receivable, Net
15,312
- -
15,748
Inventories
38,893
- -
40,040
Total Current Liabilities
54,596
- -
57,814
Payables & Accruals
- -
- -
- -
ST Debt
2,635
- -
2,046
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.75%
14.76%
-0.02%
Free Cash Flow
2.88%
-110.96%
-286.52%
Net Income, GAAP
38.23%
72.54%
7.44%
Sales/Revenue/Turnover
7.95%
11.95%
4.45%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
42,455
43,715
39,798
40,761
166,730
2025
44,357
44,500
40,167
43,354
171,445
2026
46,951
43,645
42,006
47,351
179,080

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.62
3.16
2.36
- -
10.31
2025
2.59
2.72
1.84
2.2
9.35
2026
3.21
2.02
2.29
2.53
10.05

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2
2025
- -
- -
- -
- -
2
2026
- -
- -
- -
- -
2
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Business
Exide Industries Limited is an Indian multinational company primarily engaged in the manufacturing and sale of lead-acid storage batteries and power storage solutions. Founded in 1947 and headquartered in Kolkata, India, Exide operates across automotive, industrial, and energy storage segments. The company offers a comprehensive product range including automotive batteries for two-wheelers, three-wheelers, and four-wheelers under various brands such as Exide Eko, Invamore, Xpress, Champion, and Xplore; industrial batteries for telecom, power, infrastructure, railways, mining, and defense applications; and home UPS and inverter batteries. It also provides battery energy storage solutions integrating renewable power for remote areas and supplies specialized submarine batteries to the Indian Navy. Exide has manufacturing facilities in India across ten plants and additional facilities in Sri Lanka, the UK, and Singapore with exports to over 60 countries. In recent developments, Exide Industries has intensified its focus on electric vehicle (EV) battery technology and energy storage solutions through its wholly owned subsidiary Exide Energy Solutions Limited (EESL). The company has made a significant investment exceeding Rs 2950 crore in EESL, which is establishing a 12 gigawatt-hour lithium-ion cell manufacturing facility in Bengaluru to serve the growing Indian EV market and stationary energy applications. In 2024, Exide Energy Solutions entered a strategic partnership and memorandum of understanding with Hyundai Motor Company and Kia Corporation to localize EV battery production and supply for their Indian EV operations using advanced lithium-ion technology acquired through a technical collaboration with SVOLT, a leading battery technology firm. Exide reported a healthy rise in consolidated net profit for the first quarter of fiscal year 2026, supported by improved operational efficiencies. The company continues to expand its renewable and EV battery production capabilities, positioning itself as a key player in India’s electric mobility and energy transition landscape. Exide Industries operates across India with factories located in states such as Maharashtra, West Bengal, Uttarakhand, Tamil Nadu, Haryana, and Gujarat. The company services a broad customer base including automotive manufacturers, industrial sectors, telecom operators, infrastructure projects, defense, and civilian markets. Exide Energy Solutions is a strategic arm spearheading innovation in lithium-ion battery technology, reinforcing the parent company’s footprint in advanced energy solutions. This expansion into green technology and EV batteries marks a significant strategic shift over the past two years, complementing Exide’s heritage leadership in lead-acid battery manufacturing. The company maintains strong ties with global technology partners and invests in greenfield manufacturing projects to support India’s evolving mobility and energy storage needs.