Exide Industries
Market Cap
₹173.5b
Last Updated
2021/03/06 12:19 UTC
Data Sources
Company Financials
Executive Summary
Exide Industries Limited designs, manufactures, markets, and sells lead acid storage batteries and allied products in India and internationally. More Details
Rewards
PE ratio (23.6x) is below the Auto Components industry average (33.5x)
Risk Analysis
No risks detected for 500086 from our risk checks.
Snowflake Analysis
Excellent balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Exide Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500086 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 500086's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
0.8%
500086
2.1%
IN Auto Components
3.2%
IN Market
1 Year Return
28.2%
500086
52.4%
IN Auto Components
40.6%
IN Market
Return vs Industry: 500086 underperformed the Indian Auto Components industry which returned 52.7% over the past year.
Return vs Market: 500086 underperformed the Indian Market which returned 41% over the past year.
Shareholder returns
| 500086 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | 2.1% | 3.2% |
| 30 Day | 0.3% | 5.6% | 4.2% |
| 90 Day | 9.3% | 20.8% | 15.8% |
| 1 Year | 29.4%28.2% | 53.7%52.4% | 43.1%40.6% |
| 3 Year | 2.2%-2.5% | 3.5%0.4% | 29.1%22.5% |
| 5 Year | 66.2%54.7% | 76.4%68.7% | 93.5%78.3% |
Long-Term Price Volatility Vs. Market
How volatile is Exide Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
Exide Industries Limited (BOM:500086): What We Can Expect From This Growth StockValuation
Is Exide Industries undervalued compared to its fair value and its price relative to the market?
23.57x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500086 (₹204.1) is trading above our estimate of fair value (₹112.71)
Significantly Below Fair Value: 500086 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500086 is good value based on its PE Ratio (23.6x) compared to the IN Auto Components industry average (33.5x).
PE vs Market: 500086 is poor value based on its PE Ratio (23.6x) compared to the Indian market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500086's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500086 is overvalued based on its PB Ratio (2.7x) compared to the IN Auto Components industry average (1.8x).
Next Steps
Future Growth
How is Exide Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
45.7%
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Exide Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Exide Industries's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Exide Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Automobiles industry.
Past Performance
How has Exide Industries performed over the past 5 years?
0.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500086 has high quality earnings.
Growing Profit Margin: 500086's current net profit margins (5.2%) are lower than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: 500086's earnings have grown by 0.5% per year over the past 5 years.
Accelerating Growth: 500086's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 500086 had negative earnings growth (-11.3%) over the past year, making it difficult to compare to the Auto Components industry average (-36.7%).
Return on Equity
High ROE: 500086's Return on Equity (11%) is considered low.
Next Steps
Financial Health
How is Exide Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 500086's short term assets (₹54.1B) exceed its short term liabilities (₹32.5B).
Long Term Liabilities: 500086's short term assets (₹54.1B) do not cover its long term liabilities (₹146.0B).
Debt to Equity History and Analysis
Debt Level: 500086's debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: 500086's debt to equity ratio has reduced from 1.8% to 1% over the past 5 years.
Debt Coverage: 500086's debt is well covered by operating cash flow (2403.1%).
Interest Coverage: 500086's interest payments on its debt are well covered by EBIT (30.1x coverage).
Balance Sheet
Next Steps
Dividend
What is Exide Industries's current dividend yield, its reliability and sustainability?
2.20%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500086's dividend (2.2%) is higher than the bottom 25% of dividend payers in the Indian market (0.42%).
High Dividend: 500086's dividend (2.2%) is in the top 25% of dividend payers in the Indian market (1.76%)
Stability and Growth of Payments
Stable Dividend: 500086's dividends per share have been stable in the past 10 years.
Growing Dividend: 500086's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.1%), 500086's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Gautam Chatterjee (70 yo)
4.83yrs
Tenure
₹45,771,668
Compensation
Mr. Gautam Chatterjee has been the Chief Executive Officer and Managing Director of Exide Industries Limited since May 01, 2016. Mr. Chatterjee has been an Executive Director of Exide Industries Limited si...
CEO Compensation Analysis
Compensation vs Market: Gautam's total compensation ($USD624.67K) is above average for companies of similar size in the Indian market ($USD465.22K).
Compensation vs Earnings: Gautam's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 4.83yrs | ₹45.77m | 0.0012% ₹ 2.0m | |
| Director of Finance | 13.92yrs | ₹25.99m | 0.00012% ₹ 208.2k | |
| Company Secretary | 2.67yrs | ₹9.02m | no data | |
| Deputy MD & Executive Director | 7.83yrs | ₹19.98m | 0.00013% ₹ 225.5k | |
| Director of Automotive & Whole-Time Director | 4.83yrs | ₹16.23m | 0.00014% ₹ 242.9k | |
| General Manager of Operations | no data | no data | no data | |
| Executive Vice President of HR | 3.17yrs | no data | no data | |
| MD & Director of Caldyne Automatics Ltd (Caldyne) | no data | no data | no data | |
| President of New Business | 2.17yrs | no data | no data | |
| President of Finance & Strategy | 3.17yrs | no data | no data | |
| President of Industrial | 2.17yrs | no data | no data | |
| President of R&D | 3.17yrs | no data | no data |
3.2yrs
Average Tenure
61yo
Average Age
Experienced Management: 500086's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 4.83yrs | ₹45.77m | 0.0012% ₹ 2.0m | |
| Director of Finance | 13.92yrs | ₹25.99m | 0.00012% ₹ 208.2k | |
| Deputy MD & Executive Director | 7.83yrs | ₹19.98m | 0.00013% ₹ 225.5k | |
| Director of Automotive & Whole-Time Director | 4.83yrs | ₹16.23m | 0.00014% ₹ 242.9k | |
| MD & Director of Caldyne Automatics Ltd (Caldyne) | no data | no data | no data | |
| Independent Non-Executive Director | 8.42yrs | ₹2.18m | 0.0022% ₹ 3.9m | |
| Non-Executive Vice Chairman | no data | ₹225.00k | no data | |
| Independent Non-Executive Director | 10.92yrs | ₹2.18m | 0.0092% ₹ 16.0m | |
| Independent Non-Executive Chairman | 4.67yrs | ₹4.38m | 0.0051% ₹ 8.8m | |
| Independent Non-Executive Director | 3.42yrs | ₹2.18m | no data |
8.1yrs
Average Tenure
63yo
Average Age
Experienced Board: 500086's board of directors are considered experienced (8.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Exide Industries Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Exide Industries Limited
- Ticker: 500086
- Exchange: BSE
- Founded: 1916
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₹173.485b
- Shares outstanding: 850.00m
- Website: https://www.exideindustries.com
Number of Employees
Location
- Exide Industries Limited
- Exide House
- 59E Chowringhee Road
- Kolkata
- West Bengal
- 700020
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500086 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Mar 1999 |
| EXIDEIND | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Mar 1999 |
Biography
Exide Industries Limited designs, manufactures, markets, and sells lead acid storage batteries and allied products in India and internationally. It operates in two segments, Automotive and Industrial. The ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/06 12:19 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.