Exide Industries Past Earnings Performance
Past criteria checks 4/6
Exide Industries has been growing earnings at an average annual rate of 1.3%, while the Auto Components industry saw earnings growing at 17.7% annually. Revenues have been growing at an average rate of 3.8% per year. Exide Industries's return on equity is 6.7%, and it has net margins of 4.9%.
Key information
1.35%
Earnings growth rate
1.38%
EPS growth rate
| Auto Components Industry Growth | 16.66% |
| Revenue growth rate | 3.80% |
| Return on equity | 6.72% |
| Net Margin | 4.95% |
| Last Earnings Update | 30 Jun 2026 |
Recent past performance updates
Recent updates
Narrative Update • Aug 13
500086: Elevated Expectations Will Depend On Bearish Jul 30 Board Outcome
Analysts have nudged their fair value estimate for Exide Industries up from ₹300 to ₹325, reflecting updated assumptions around discount rate, revenue growth, profit margins and future P/E expectations. What’s in the News for Exide Industries Exide Industries has scheduled a board meeting for Jul 30, 2026 to consider and approve unaudited financial results for the quarter ending Jun 30, 2026.
Narrative Update • Jul 30
500086: Higher Future P/E Assumptions Will Drive Cautious Return Expectations
Analysts have lifted their fair value estimate for Exide Industries to ₹384 from ₹367, citing updated assumptions on discount rate, revenue growth, profit margins, and future P/E that together support a slightly higher price target. What's in the News for Exide Industries A board meeting is scheduled on Jul 30, 2026 to consider and approve the unaudited financial results for the quarter ending Jun 30, 2026.Narrative Update • Jul 16
500086: Trimmed Outlook Will Rely On Upcoming Board Results Decisions
Analysts have trimmed their fair value estimate for Exide Industries from ₹315.00 to ₹300.00, citing updated assumptions on the discount rate, revenue growth, profit margin and future P/E as the basis for the revised price target. What's in the News Exide Industries has scheduled a board meeting on May 4, 2026, at 12:00 Indian Standard Time to consider and approve the audited financial results for the financial year ending March 31, 2026.
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).
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.Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Exide Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 26 | 188,286 | 9,317 | 15,523 | 0 |
| 31 Mar 26 | 179,954 | 8,542 | 15,148 | 0 |
| 31 Dec 25 | 175,956 | 8,258 | 14,463 | 0 |
| 30 Sep 25 | 174,118 | 7,886 | 14,357 | 0 |
| 30 Jun 25 | 174,973 | 8,480 | 14,234 | 0 |
| 31 Mar 25 | 172,379 | 7,950 | 14,009 | 0 |
| 31 Dec 24 | 170,753 | 7,929 | 13,892 | 0 |
| 30 Sep 24 | 170,384 | 8,363 | 13,595 | 0 |
| 30 Jun 24 | 169,600 | 8,744 | 13,296 | 0 |
| 31 Mar 24 | 167,697 | 8,767 | 12,834 | 0 |
| 31 Dec 23 | 162,736 | 8,721 | 12,242 | 0 |
| 30 Sep 23 | 158,323 | 8,704 | 11,773 | 0 |
| 30 Jun 23 | 153,019 | 8,422 | 11,350 | 0 |
| 31 Mar 23 | 150,782 | 8,227 | 11,065 | 0 |
| 31 Dec 22 | 149,239 | 7,895 | 10,713 | 0 |
| 30 Sep 22 | 146,971 | 7,895 | 10,590 | 0 |
| 30 Jun 22 | 142,455 | 7,829 | 9,433 | 0 |
| 31 Mar 22 | 127,892 | 7,044 | 10,064 | 0 |
| 31 Dec 21 | 172,279 | 8,652 | 14,481 | 0 |
| 30 Sep 21 | 170,602 | 7,927 | 14,337 | 0 |
| 30 Jun 21 | 163,134 | 8,535 | 11,743 | 0 |
| 31 Mar 21 | 103,594 | 7,402 | 9,011 | 0 |
| 31 Dec 20 | 142,087 | 7,365 | 14,369 | 0 |
| 30 Sep 20 | 135,658 | 6,139 | 14,057 | 0 |
| 30 Jun 20 | 133,329 | 6,042 | 10,810 | 0 |
| 31 Mar 20 | 144,710 | 7,768 | 14,486 | 0 |
| 31 Dec 19 | 152,479 | 8,313 | 14,609 | 0 |
| 30 Sep 19 | 149,776 | 8,539 | 14,548 | 0 |
| 30 Jun 19 | 148,321 | 8,195 | 14,191 | 0 |
| 31 Mar 19 | 147,209 | 8,456 | 14,090 | 0 |
| 31 Mar 18 | 128,081 | 6,910 | 12,885 | 0 |
| 31 Mar 17 | 111,786 | 8,011 | 11,853 | 0 |
| 31 Mar 16 | 95,356 | 6,974 | 11,457 | 0 |
Quality Earnings: 500086 has high quality earnings.
Growing Profit Margin: 500086's current net profit margins (4.9%) are higher than last year (4.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 500086's earnings have grown by 1.3% per year over the past 5 years.
Accelerating Growth: 500086's earnings growth over the past year (9.9%) exceeds its 5-year average (1.3% per year).
Earnings vs Industry: 500086 earnings growth over the past year (9.9%) did not outperform the Auto Components industry 16.6%.
Return on Equity
High ROE: 500086's Return on Equity (6.7%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/23 15:19 |
| End of Day Share Price | 2026/08/21 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2026/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 44 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.
| Analyst | Institution |
|---|---|
| Annamalai Jayaraj | 360 ONE Capital Market Private Limited |
| null null | Anand Rathi Shares and Stock Brokers Limited |
| Mumuksh Mandlesha | Anand Rathi Shares and Stock Brokers Limited |