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Exide Industries Limited

Exide Industries Limited

EXIDEIND.NS
Exide Industries LimitedIN flagNational Stock Exchange of India
415.75
INR
-0.85
- -
353.39BMarket Cap
Exide Industries Limited
EXIDEIND.NS
(National Stock Exchange of India)

Recent

price

415.75

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
332,456
307,711
244,688

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 specializes in the development, production, commercialization, and distribution of lead-acid storage batteries and related power solutions, serving both Indian and international markets. The company operates across automotive and industrial sectors, offering a broad spectrum of energy storage products. Its extensive product line includes batteries for cars, two-wheelers, three-wheelers, e-rickshaws, and various industrial applications such as power, solar, railway, telecom, UPS, projects, traction, mining, and defense. Exide also provides home UPS systems and a comprehensive suite of solutions encompassing equipment selection, battery sizing, optimal layout, installation, operation, and maintenance. Demonstrating a forward-looking strategy, Exide is making significant strides in the advanced chemistry battery segment through its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL). This initiative involves substantial investment in manufacturing lithium-ion cells, modules, and packs, primarily targeting India's burgeoning electric vehicle (EV) market across two-wheelers, three-wheelers, passenger vehicles, and commercial fleets, alongside stationary energy storage applications. The company is establishing a large-scale lithium-ion cell manufacturing facility in Bengaluru, Karnataka, with phase one expected to be completed by the end of fiscal year 2025. Initial production will focus on NCM-based cylindrical cells for two-wheelers, with plans to introduce prismatic LFP lines for stationary uses. Exide maintains a robust operational footprint, boasting numerous manufacturing plants across India dedicated to batteries and home UPS systems. Its business model also incorporates substantial lead recycling facilities through Chloride Metals Limited, underscoring a commitment to sustainable practices and raw material security. The company's reach extends globally, exporting batteries to over 60 countries, supported by a vast distribution network of approximately 48,000 direct and indirect dealers. Recent strategic collaborations include a memorandum of understanding with Hyundai Motor Company and Kia Corporation for EV battery localization in India, and technical cooperation with SVOLT Energy Solutions Company Ltd for lithium-ion cell manufacturing and supply chain development. The company's diverse brands, including EXIDE, INDEX, DYNEX, SF SONIC, CHLORIDE, CEIL, and DAGENITE, cater to a wide range of automotive and industrial clientele. Exide Industries Limited, initially incorporated in 1947 as Associated Battery Makers (Eastern) Limited and later rebranded in August 1995, continues to be headquartered in Kolkata, India. It remains a key player in India's energy storage landscape, recognized for its commitment to innovation and sustainability, including being honored as 'India's Best Battery Manufacturer' in 2024.