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

EXIDEIND's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 23.372498
debtToEquity 14.473000
earningsGrowth 0.239000
revenueGrowth 0.058000
grossMargins 0.323920
operatingMargins 0.082940
trailingEps 9.990000
forwardEps 0.000000

EXIDEIND's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains.
EXIDEIND's low Debt-to-Equity ratio shows that the company isn't heavily reliant on debt for financing. This implies a conservative approach to leveraging, reducing financial risk and demonstrating a solid financial foundation, which can enhance investor confidence in the company's long-term stability.

Price projections:

Price projections for EXIDEIND
Price projections for EXIDEIND

EXIDEIND's price has consistently been situated near the lower end of expected values. This ongoing trend may reflect investor skepticism about the company's growth potential and overall performance.

Recommendation changes over time:

Recommendations trend for EXIDEIND
Recommendations trend for EXIDEIND


Exide Industries Limited has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view Exide Industries Limited as a stable option to park their money and potentially benefit from the company's continued growth and profitability.