Exide Industries Limited

BSE:500086 Stock Report

Market Cap: ₹358.1b

Exide Industries Future Growth

Future criteria checks 2/6

Exide Industries is forecast to grow earnings and revenue by 19% and 5.8% per annum respectively. EPS is expected to grow by 19% per annum. Return on equity is forecast to be 9.3% in 3 years.

Key information

19.0%

Earnings growth rate

19.03%

EPS growth rate

Auto Components earnings growth18.4%
Revenue growth rate5.8%
Future return on equity9.32%
Analyst coverage

Good

Last updated08 Jul 2026

Recent future growth updates

Recent updates

Narrative Update • Jul 02

500086: Higher Fair Value And Upcoming Results Will Support Upside

Analysts have lifted their price target on Exide Industries from ₹450 to ₹480, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of this change. What's in the News Exide Industries has scheduled a board meeting on May 4, 2026 to consider and approve the audited financial results for the financial year ending March 31, 2026, along with a recommendation of final dividend, if any, on the equity shares for FY 2025-26, and to convene the Annual General Meeting.
Narrative Update • Jun 18

500086: Upcoming Board Meeting And Maintained Fair Value Will Support Upside

Analysts have maintained their fair value estimate for Exide Industries at ₹450, citing only modest tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions rather than a material shift in the overall valuation view. What’s in the News for Exide Industries Exide Industries has scheduled a board meeting on 4 May 2026 at 12:00 Indian Standard Time.
Narrative Update • Jun 03

500086: Upcoming Board Meeting And Higher Future P E Will Support Upside

Analysts have nudged their fair value estimate for Exide Industries up from ₹440 to ₹450, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E. What's in the News Exide Industries has scheduled a board meeting for 4 May 2026 at 12:00 Indian Standard Time to consider and approve the audited financial results for the year ending 31 March 2026.
Narrative Update • May 01

500086: Refined Discount Rate And P/E Assumptions Will Guide Future Return Expectations

Analysts have modestly reduced their price target for Exide Industries from ₹383.64 to ₹367.07, citing updated assumptions around the discount rate, revenue growth, profit margins and future P/E multiples. Valuation Changes Fair Value: Trimmed from ₹383.64 to ₹367.07, a modest reduction in the implied valuation per share.
Narrative Update • Apr 16

500086: Higher Margin Outlook And Conservative P E Assumptions Will Support Upside

Analysts have trimmed their price target on Exide Industries by ₹20, reducing it from ₹460 to ₹440, citing updated assumptions for discount rate, long term revenue growth, profit margins and a slightly lower future P/E multiple. Valuation Changes Fair Value: Price target revised from ₹460 to ₹440, a reduction of ₹20.
Narrative Update • Apr 02

500086: Higher Margin Outlook And Subsidiary Investment Will Support Further Upside

Analysts have trimmed their price target on Exide Industries from ₹520.66 to ₹460.00, reflecting updated assumptions around revenue growth, profit margins and future P/E expectations. Valuation Changes Fair Value: Revised down from ₹520.66 to ₹460.00, a reduction of around 11.6%.
Narrative Update • Mar 18

500086: Upcoming Subsidiary Investment Decision Will Support Confidence In Future Returns

Analysts have trimmed their price target on Exide Industries from about ₹403 to roughly ₹384, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E expectations. What's in the News Board meeting scheduled on Jan 30, 2026 at 12:00 Indian Standard Time to review and approve unaudited financial results for the quarter and nine months ending Dec 31, 2025 (Company filing) Board to consider an investment in Exide Energy Solutions Limited, a wholly owned subsidiary, at the same Jan 30, 2026 meeting (Company filing) Valuation Changes Fair Value: Trimmed from ₹403.33 to ₹383.64, a cut of about 4.9% in the modelled estimate.
Narrative Update • Mar 04

500086: Subsidiary Investment And Upcoming Results Will Support Further Upside

Analysts have nudged their fair value estimate for Exide Industries slightly higher, with the price target moving from around ₹515.70 to approximately ₹520.66. This reflects updated assumptions on discount rate, revenue growth, profit margin and future P/E.
Narrative Update • Feb 17

500086: Further Subsidiary Investment And Upcoming Results Are Expected To Support Upside

Analysts have nudged their price target on Exide Industries slightly higher to ₹515.70 from ₹511.67, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E. What's in the News Board meeting scheduled on January 30, 2026, at 12:00 Indian Standard Time to review and approve unaudited financial results for the quarter and nine months ending December 31, 2025 (Key Developments).
Narrative Update • Feb 03

500086: Future Subsidiary Investment Will Drive Confidence In Profitability Outlook

Analysts have lifted their price target on Exide Industries to ₹403 from about ₹398, citing updated assumptions for slightly higher revenue growth, improved profit margins, a modestly higher discount rate, and a lower future P/E multiple. What's in the News Board meeting scheduled on January 30, 2026 at 12:00 Indian Standard Time to review and approve unaudited financial results for the quarter and nine months ending December 31, 2025 (company filing).
Narrative Update • Jan 20

500086: Steady Outlook Will Meet Key Update At Upcoming Results Meeting

Analysts have kept their fair value estimate for Exide Industries steady at ₹315.00, with only small tweaks to underlying assumptions such as discount rate, revenue growth, profit margin and future P/E. This suggests their overall view on the stock is largely unchanged.
Narrative Update • Jan 06

500086: Elevated Risk As Upcoming Board Meeting Will Likely Pressure Shares

Analysts have kept their fair value estimate for Exide Industries steady at ₹315.00, citing only slight model adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions rather than any major shift in their outlook. What's in the News A board meeting is scheduled for January 30, 2026, to review and approve unaudited financial results for the quarter and nine months ending December 31, 2025 (Key Developments).
Narrative Update • Dec 15

500086: Elevated Risk And Upcoming Board Decisions Will Likely Pressure Shares

Analysts have nudged their price target on Exide Industries higher to ₹315.00 from ₹315.00, reflecting slightly stronger expectations for revenue growth and profit margins that more than offset a modestly higher discount rate and a marginally lower assumed future P/E multiple. What's in the News A special/extraordinary shareholders meeting is scheduled via postal ballot on October 24, 2025, to consider appointing Rajeev Ramesh Chand Khandelwal and Pravin Ramchandra Saraf as whole time directors of the company (Key Developments).
User avatar
New Narrative • Dec 15

Lithium-Ion Expansion And Global Demand Poised To Boost Earnings And Profitability

Organizational realignment and leadership changes aim to enhance market strategy and drive revenue growth in B2C and B2B markets.

Earnings and Revenue Growth Forecasts

BSE:500086 - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2029216,19116,04315,32721,6336
3/31/2028205,36014,61513,82819,20115
3/31/2027189,64212,60012,46416,60016
3/31/2026179,9548,54212,60524,132N/A
12/31/2025175,9568,258N/AN/AN/A
9/30/2025174,1187,8867,64320,932N/A
6/30/2025174,9738,480N/AN/AN/A
3/31/2025172,3797,950-6,75812,729N/A
12/31/2024170,7537,929N/AN/AN/A
9/30/2024170,3848,363-18,1026,473N/A
6/30/2024169,6008,744N/AN/AN/A
3/31/2024167,6978,767-3,42915,331N/A
12/31/2023162,7368,721N/AN/AN/A
9/30/2023158,3238,7042,33512,555N/A
6/30/2023153,0198,422N/AN/AN/A
3/31/2023150,7828,227-2,2517,682N/A
12/31/2022149,2397,895N/AN/AN/A
9/30/2022146,9717,895-6958,850N/A
6/30/2022142,4557,829N/AN/AN/A
3/31/2022127,8927,044-6,046613N/A
12/31/2021172,2798,652N/AN/AN/A
9/30/2021170,6027,9271,1707,694N/A
6/30/2021163,1348,535N/AN/AN/A
3/31/2021103,5947,40217,69422,631N/A
12/31/2020142,0877,365N/AN/AN/A
9/30/2020135,6586,13917,11522,060N/A
6/30/2020133,3296,042N/AN/AN/A
3/31/2020144,7107,76810,11116,192N/A
12/31/2019152,4798,313N/AN/AN/A
9/30/2019149,7768,539N/A20,789N/A
6/30/2019148,3218,195N/AN/AN/A
3/31/2019147,2098,456N/A16,868N/A
3/31/2018128,0816,910N/A9,144N/A
3/31/2017111,7868,011N/A9,373N/A
3/31/201695,3566,974N/A15,828N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 500086's forecast earnings growth (19% per year) is above the savings rate (6.9%).

Earnings vs Market: 500086's earnings (19% per year) are forecast to grow faster than the Indian market (16.2% per year).

High Growth Earnings: 500086's earnings are forecast to grow, but not significantly.

Revenue vs Market: 500086's revenue (5.8% per year) is forecast to grow slower than the Indian market (11% per year).

High Growth Revenue: 500086's revenue (5.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 500086's Return on Equity is forecast to be low in 3 years time (9.3%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/08 10:53
End of Day Share Price 2026/07/08 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Exide Industries Limited is covered by 43 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Annamalai Jayaraj360 ONE Capital Market Private Limited
null nullAnand Rathi Shares and Stock Brokers Limited
Mumuksh MandleshaAnand Rathi Shares and Stock Brokers Limited