Exide Industries Limited

$ 381.70 -0.84 %

Exide Industries Limited is a leading manufacturer and supplier of lead-acid storage batteries, distributing its products across India and internationally. The company's operations are structured into two main divisions: Automotive and Industrial. Its extensive product portfolio includes a wide array of battery solutions for various applications, such as automotive vehicles, industrial machinery, gensets, solar power systems, inverters, institutional uninterruptible power supplies (UPS), and even submarines. Beyond batteries, Exide also offers home UPS systems, integrated power backup solutions, and e-rickshaw vehicles. The company is further involved in the production and supply of recycled lead and lead alloys, and actively develops lithium-ion batteries. Additionally, it manufactures industrial battery chargers, rectifiers, and associated components, provides comprehensive energy storage solutions, and engages in the non-conventional energy business. Exide also offers specialized services encompassing equipment selection, battery sizing, efficient room layout planning, installation, operational support, and ongoing maintenance. These diverse products are marketed under several prominent brand names, including Exide, Index, Dynex, SF Sonic, Black Panther, Nexcharge, Chloride, and CEIL. Distribution is managed through an extensive network of direct and indirect dealers. Exide's offerings are widely utilized across critical sectors such as power generation, solar energy, railways, telecommunications, UPS systems, various project applications, and traction. Founded in 1916, the company was originally known as Chloride Industries Ltd. It officially adopted the name Exide Industries Limited in August 1995. The corporate headquarters are situated in Kolkata, India.

CEO: Avik Kumar Roy - https://www.exideindustries.com

Price objectif

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Recommandation

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DCF

$ 117.85

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EXIDEIND.BO vs S&P500

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Quick ratio

0.53

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

39.19

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

9.74

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

6.05 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

9.13 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

6.88

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.11

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

9.67

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

19.90 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
3 indicates worrying financial health
Altman score
3.66 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.04 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.07 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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