500008 Stock Overview
Amara Raja Batteries Limited manufactures and sells lead-acid storage batteries for industrial and automotive applications in India.
Amara Raja Batteries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹529.10|
|52 Week High||₹804.05|
|52 Week Low||₹493.70|
|1 Month Change||-7.31%|
|3 Month Change||-11.25%|
|1 Year Change||-33.17%|
|3 Year Change||-17.05%|
|5 Year Change||-38.95%|
|Change since IPO||9,746.91%|
Recent News & Updates
|500008||IN Electrical||IN Market|
Return vs Industry: 500008 underperformed the Indian Electrical industry which returned 24.6% over the past year.
Return vs Market: 500008 underperformed the Indian Market which returned 9.6% over the past year.
|500008 Average Weekly Movement||4.8%|
|Electrical Industry Average Movement||7.2%|
|Market Average Movement||7.3%|
|10% most volatile stocks in IN Market||10.0%|
|10% least volatile stocks in IN Market||4.8%|
Stable Share Price: 500008 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 500008's weekly volatility (5%) has been stable over the past year.
About the Company
Amara Raja Batteries Limited manufactures and sells lead-acid storage batteries for industrial and automotive applications in India. The company also provides installation, commissioning, and maintenance services. It sells its batteries under the Amaron, PowerZone, Power Stack, AmaronVolt, and Quanta brands.
Amara Raja Batteries Fundamentals Summary
|500008 fundamental statistics|
Is 500008 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500008 income statement (TTM)|
|Cost of Revenue||₹0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||35.31|
|Net Profit Margin||7.00%|
How did 500008 perform over the long term?See historical performance and comparison
1.9%Current Dividend Yield
Is Amara Raja Batteries undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500008 (₹529.1) is trading above our estimate of fair value (₹112.37)
Significantly Below Fair Value: 500008 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500008 is good value based on its PE Ratio (15x) compared to the Indian Electrical industry average (19.3x).
PE vs Market: 500008 is good value based on its PE Ratio (15x) compared to the Indian market (20.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500008's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500008 is overvalued based on its PB Ratio (2.1x) compared to the IN Electrical industry average (1.5x).
How is Amara Raja Batteries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Capital Goods 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 Amara Raja Batteries 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.
How has Amara Raja Batteries performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500008 has high quality earnings.
Growing Profit Margin: 500008's current net profit margins (7%) are lower than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: 500008's earnings have grown by 9.1% per year over the past 5 years.
Accelerating Growth: 500008's earnings growth over the past year (1.4%) is below its 5-year average (9.1% per year).
Earnings vs Industry: 500008 earnings growth over the past year (1.4%) underperformed the Electrical industry 52%.
Return on Equity
High ROE: 500008's Return on Equity (13.8%) is considered low.
How is Amara Raja Batteries's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 500008's short term assets (₹29.7B) exceed its short term liabilities (₹14.8B).
Long Term Liabilities: 500008's short term assets (₹29.7B) exceed its long term liabilities (₹2.7B).
Debt to Equity History and Analysis
Debt Level: 500008 has more cash than its total debt.
Reducing Debt: 500008's debt to equity ratio has reduced from 3% to 2.2% over the past 5 years.
Debt Coverage: 500008's debt is well covered by operating cash flow (663.1%).
Interest Coverage: 500008 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Amara Raja Batteries's current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500008's dividend (1.89%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).
High Dividend: 500008's dividend (1.89%) is in the top 25% of dividend payers in the Indian market (1.59%)
Stability and Growth of Payments
Stable Dividend: 500008's dividends per share have been stable in the past 10 years.
Growing Dividend: 500008's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.3%), 500008's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (329.6%), 500008's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jay Galla (51 yo)
Mr. Jayadev Galla, also known as Jay, has been the Managing Director at Amara Raja Batteries Limited since August 2003 and serves as its Chief Executive Officer since June 12, 2021. He Co-Founded Amara Raj...
CEO Compensation Analysis
Compensation vs Market: Jay's total compensation ($USD6.09M) is above average for companies of similar size in the Indian market ($USD344.63K).
Compensation vs Earnings: Jay's compensation has been consistent with company performance over the past year.
Experienced Management: 500008's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: 500008's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Amara Raja Batteries Limited's employee growth, exchange listings and data sources
- Name: Amara Raja Batteries Limited
- Ticker: 500008
- Exchange: BSE
- Founded: 1985
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Implied Market Cap: ₹90.377b
- Shares outstanding: 170.81m
- Website: https://www.amararaja.com
Number of Employees
- Amara Raja Batteries Limited
- Terminal A
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 00:00|
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.