More about Exide Industries Limited
Fundamentals for Exide Industries Limited
Regulatory Filings for Exide Industries Limited
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Fundamentals for Exide Industries Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Auto Parts
Exide Industries Limited designs, manufactures, markets, and sells lead acid storage batteries in India and internationally. The company operates through Automotive and Industrial segments. It also offers automotive, industrial, genset, solar, inverter, institutional uninterrupted power supply (UPS), and submarine batteries, as well as home UPS systems, integrated power back-up systems, and e-rickshaw vehicles. In addition, the company manufactures and supplies recycled lead and lead alloys; offers lithium-ion batteries; produces and distributes industrial battery chargers, rectifiers, and parts; and provides energy storage solutions, as well as engages in the non-conventional energy business. Further, the company offers solutions in the areas of equipment selection, battery sizing, optimum room layout, installation, operation, and maintenance. It sells its batteries under the Exide, Index, Dynex, SF Sonic, Black Panther, Nexcharge, Chloride, and CEIL brand names through a distribution network of dealers. The company's products are used in power, solar, railways, telecom, UPS, projects, traction, and other industries. Exide Industries Limited was formerly known as Chloride Industries Ltd. and changed its name to Exide Industries Limited in August 1995. The company was founded in 1916 and is headquartered in Kolkata, India.
Revenue projections:
With EXIDEIND's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 23.892822 |
| debtToEquity | 11.151000 |
| earningsGrowth | 0.245000 |
| revenueGrowth | 0.046000 |
| grossMargins | 0.320310 |
| operatingMargins | 0.072100 |
| trailingEps | 9.730000 |
| forwardEps | 15.046360 |
EXIDEIND's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
EXIDEIND's Debt-to-Equity ratio is low, indicating the company is not over-leveraged. This suggests a prudent approach to financing, with minimal dependence on debt, reducing the financial risk associated with high leverage, and signaling a stable financial outlook.
Exide Industries Limited's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that Exide Industries Limited is projected to improve its financial performance compared to the previous year.
Price projections:
Over time, EXIDEIND's price projections have consistently been revised lower. This downward shift suggests analysts are becoming more cautious about the company's future, possibly due to emerging risks or challenges.
Recommendation changes over time:
With analysts showing a buy bias for EXIDEIND, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning EXIDEIND as a safe and profitable place for investors to allocate their funds and seek growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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