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5315

Eveready Industries IndiaBSE:531508 Stock Report

Market Cap

₹26.1b

7D

-6.4%

1Y

165.8%

Updated

21 Oct, 2021

Data

Company Financials
531508 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

531508 Overview

Eveready Industries India Limited, together with its subsidiaries, manufactures and markets dry cell and rechargeable batteries, flashlights, and general lighting and electrical products in India.

Price History & Performance

Summary of all time highs, changes and price drops for Eveready Industries India
Historical stock prices
Current Share Price₹359.35
52 Week High₹128.20
52 Week Low₹413.30
Beta1.5
1 Month Change1.63%
3 Month Change12.68%
1 Year Change165.79%
3 Year Change84.85%
5 Year Change41.48%
Change since IPO139.57%

Recent News & Updates

Shareholder Returns

531508IN Household ProductsIN Market
7D-6.4%-7.6%-2.4%
1Y165.8%12.5%62.6%

Return vs Industry: 531508 exceeded the Indian Household Products industry which returned 14.9% over the past year.

Return vs Market: 531508 exceeded the Indian Market which returned 63.7% over the past year.

Price Volatility

Is 531508's price volatile compared to industry and market?
531508 volatility
531508 Beta1.5
Industry Beta0.74
Market Beta1

Stable Share Price: 531508 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 531508's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19052,179Suvamoy Sahahttps://www.evereadyindia.com

Eveready Industries India Limited, together with its subsidiaries, manufactures and markets dry cell and rechargeable batteries, flashlights, and general lighting and electrical products in India. It offers various batteries comprising zinc carbon, alkaline, and rechargeable batteries, as well as power banks under the Eveready, Eveready Ultima, PowerCell, and Uniross brands. The company also provides plastic, brass and aluminum, and rechargeable torches, as well as portable and digiLED lanterns under the Eveready and PowerCell brand names.

Eveready Industries India Fundamentals Summary

How do Eveready Industries India's earnings and revenue compare to its market cap?
531508 fundamental statistics
Market Cap₹26.12b
Earnings (TTM)-₹3.06b
Revenue (TTM)₹12.68b

2.1x

P/S Ratio

-8.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
531508 income statement (TTM)
Revenue₹12.68b
Cost of Revenue₹6.94b
Gross Profit₹5.74b
Expenses₹8.80b
Earnings-₹3.06b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-42.15
Gross Margin45.28%
Net Profit Margin-24.17%
Debt/Equity Ratio209.0%

How did 531508 perform over the long term?

See historical performance and comparison

Valuation

Is Eveready Industries India undervalued compared to its fair value and its price relative to the market?

14.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 531508 (₹359.35) is trading below our estimate of fair value (₹422.26)

Significantly Below Fair Value: 531508 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 531508 is unprofitable, so we can't compare its PE Ratio to the Asian Household Products industry average.

PE vs Market: 531508 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 531508's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531508 is overvalued based on its PB Ratio (10.7x) compared to the IN Household Products industry average (3.7x).


Future Growth

How is Eveready Industries India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.7%

Forecasted Household 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 Eveready Industries India 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.


Past Performance

How has Eveready Industries India performed over the past 5 years?

-27.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531508 is currently unprofitable.

Growing Profit Margin: 531508 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 531508 is unprofitable, and losses have increased over the past 5 years at a rate of 27.6% per year.

Accelerating Growth: Unable to compare 531508's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 531508 is unprofitable, making it difficult to compare its past year earnings growth to the Household Products industry (4.8%).


Return on Equity

High ROE: 531508 has a negative Return on Equity (-125.09%), as it is currently unprofitable.


Financial Health

How is Eveready Industries India's financial position?


Financial Position Analysis

Short Term Liabilities: 531508's short term assets (₹4.8B) do not cover its short term liabilities (₹5.2B).

Long Term Liabilities: 531508's short term assets (₹4.8B) exceed its long term liabilities (₹2.5B).


Debt to Equity History and Analysis

Debt Level: 531508's debt to equity ratio (209%) is considered high.

Reducing Debt: 531508's debt to equity ratio has increased from 89.9% to 209% over the past 5 years.

Debt Coverage: 531508's debt is well covered by operating cash flow (33.8%).

Interest Coverage: 531508's interest payments on its debt are well covered by EBIT (4.2x coverage).


Balance Sheet


Dividend

What is Eveready Industries India current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 531508's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 531508's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 531508's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 531508's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 531508 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 531508's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Suvamoy Saha (62 yo)

0.17

Tenure

₹22,687,858

Compensation

Mr. Suvamoy Saha serves as Joint Managing Director and Director at Eveready Industries India Limited since August 10 2021. He served as a Non Executive Director at Eveready Industries India Ltd. since May...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Suvamoy's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Suvamoy's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 531508's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: 531508's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 531508 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Eveready Industries India Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Eveready Industries India Limited
  • Ticker: 531508
  • Exchange: BSE
  • Founded: 1905
  • Industry: Household Products
  • Sector: Household
  • Market Cap: ₹26.120b
  • Shares outstanding: 72.69m
  • Website: https://www.evereadyindia.com

Number of Employees


Location

  • Eveready Industries India Limited
  • 2, Rainey Park
  • Kolkata
  • West Bengal
  • 700019
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:02
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.