Overall Fundamental outlook

Business Operations:

Sector: Consumer Cyclical
Industry: 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:

Revenue projections for EXIDEIND
Revenue projections for EXIDEIND

With Exide Industries Limited's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.

Financial Ratios:

currentRatio 1.225000
forwardPE 23.035877
debtToEquity 14.473000
earningsGrowth 0.014000
revenueGrowth 0.039000
grossMargins 0.327210
operatingMargins 0.064650
trailingEps 9.360000
forwardEps 0.000000

Exide Industries Limited's current ratio is 1.225, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting Exide Industries Limited has no trouble covering its short-term financial obligations.
EXIDEIND's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
Exide Industries Limited's low Debt-to-Equity ratio means the company is not highly leveraged. This suggests a sound financial position with minimal reliance on debt, reducing risk and ensuring greater financial flexibility, making it a more stable option for investors.
EXIDEIND's negative gross and operating margins suggest that the company is currently facing financial difficulties, as it is unable to cover production and operational costs. This could result in significant losses if not addressed.

Price projections:

Price projections for EXIDEIND
Price projections for EXIDEIND

Price projections for Exide Industries Limited have been steadily revised downward over time, indicating growing concerns about the company's future performance. This downward trend reflects reduced optimism among analysts regarding Exide Industries Limited's ability to meet previous expectations.

Recommendation changes over time:

Recommendations trend for EXIDEIND
Recommendations trend for EXIDEIND


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.