Exide Industries Limited

BSE:500086 Stock Report

Market Cap: ₹378.0b

Exide Industries Valuation

Is 500086 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 500086 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 500086 (₹444.7) is trading above our estimate of fair value (₹280.31)

Significantly Below Fair Value: 500086 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 500086?

Key metric: As 500086 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 500086. This is calculated by dividing 500086's market cap by their current earnings.
What is 500086's PE Ratio?
PE Ratio45.2x
Earnings₹8.36b
Market Cap₹378.00b

Price to Earnings Ratio vs Peers

How does 500086's PE Ratio compare to its peers?

The above table shows the PE ratio for 500086 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average48x
SONACOMS Sona BLW Precision Forgings
66.9x25.1%₹379.8b
MSUMI Motherson Sumi Wiring India
41.7x18.9%₹275.3b
ENDURANCE Endurance Technologies
40.6x20.4%₹312.2b
SUNDRMFAST Sundram Fasteners
42.7x21.7%₹233.2b
500086 Exide Industries
45.2x18.9%₹378.0b

Price-To-Earnings vs Peers: 500086 is good value based on its Price-To-Earnings Ratio (45.2x) compared to the peer average (48x).

Price to Earnings Ratio vs Industry

How does 500086's PE Ratio compare vs other companies in the IN Auto Components Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
513262 Steel Strips Wheels
4.8x-31.3%US$375.54m
INNOVATIVE Innovative Tyres & Tubes
0.3xn/aUS$1.22m
505100 India Radiators
0.9xn/aUS$98.76k
523415 Coventry Coil-O-Matic (Haryana)
0.9xn/aUS$88.40k
No more companies available in this PE range
500086 45.2xIndustry Avg. 33.1xNo. of Companies15PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 500086 is expensive based on its Price-To-Earnings Ratio (45.2x) compared to the Indian Auto Components industry average (33.1x).

Price to Earnings Ratio vs Fair Ratio

What is 500086's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

500086 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio45.2x
Fair PE Ratio35.3x

Price-To-Earnings vs Fair Ratio: 500086 is expensive based on its Price-To-Earnings Ratio (45.2x) compared to the estimated Fair Price-To-Earnings Ratio (35.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 500086 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹444.70
₹463.00
+4.1%
19.1%₹570.00₹275.00n/a19
Dec ’25₹452.65
₹463.00
+2.3%
19.1%₹570.00₹275.00n/a19
Nov ’25₹458.80
₹495.53
+8.0%
21.2%₹610.00₹275.00n/a19
Oct ’25₹511.90
₹494.05
-3.5%
21.0%₹610.00₹275.00n/a19
Sep ’25₹492.80
₹482.35
-2.1%
23.5%₹610.00₹260.00n/a20
Aug ’25₹512.75
₹464.75
-9.4%
26.0%₹610.00₹260.00n/a20
Jul ’25₹569.30
₹448.00
-21.3%
25.2%₹589.00₹250.00n/a21
Jun ’25₹488.25
₹436.86
-10.5%
26.4%₹589.00₹250.00n/a22
May ’25₹472.30
₹383.45
-18.8%
24.7%₹540.00₹240.00n/a22
Apr ’25₹310.55
₹327.90
+5.6%
16.2%₹400.00₹240.00n/a21
Mar ’25₹324.05
₹326.48
+0.7%
16.1%₹400.00₹230.00n/a21
Feb ’25₹334.20
₹312.15
-6.6%
17.5%₹400.00₹212.00n/a20
Jan ’25₹321.75
₹290.30
-9.8%
13.5%₹369.00₹212.00n/a20
Dec ’24₹291.45
₹289.05
-0.8%
12.0%₹335.00₹212.00₹452.6519
Nov ’24₹252.50
₹260.35
+3.1%
14.6%₹335.00₹182.00₹458.8020
Oct ’24₹260.75
₹257.68
-1.2%
14.5%₹335.00₹182.00₹511.9019
Sep ’24₹265.60
₹253.67
-4.5%
14.7%₹335.00₹182.00₹492.8018
Aug ’24₹262.95
₹248.88
-5.3%
13.1%₹300.00₹182.00₹512.7517
Jul ’24₹236.75
₹220.19
-7.0%
11.5%₹275.00₹182.00₹569.3016
Jun ’24₹211.45
₹213.31
+0.9%
8.3%₹245.00₹182.00₹488.2516
May ’24₹195.65
₹212.31
+8.5%
9.6%₹265.00₹175.00₹472.3016
Apr ’24₹178.00
₹211.53
+18.8%
9.2%₹265.00₹175.00₹310.5517
Mar ’24₹178.95
₹206.25
+15.3%
11.0%₹265.00₹155.00₹324.0520
Feb ’24₹182.60
₹206.15
+12.9%
10.9%₹265.00₹155.00₹334.2020
Jan ’24₹180.25
₹204.30
+13.3%
11.4%₹265.00₹155.00₹321.7520
Dec ’23₹188.35
₹204.00
+8.3%
11.9%₹265.00₹155.00₹291.4519

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 01:04
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Exide Industries Limited is covered by 54 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Mumuksh MandleshaAnand Rathi Shares and Stock Brokers Limited
Vaishali JajooAngel Broking Private Limited