Eveready Industries India Limited, together with its subsidiaries, manufactures and markets batteries, flashlights, and general lighting and electrical products in India and internationally. More Details
Slightly overvalued with imperfect balance sheet.
Share Price & News
How has Eveready Industries India's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EVEREADY is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: EVEREADY's weekly volatility (7%) has been stable over the past year.
7 Day Return
IN Household Products
1 Year Return
IN Household Products
Return vs Industry: EVEREADY exceeded the Indian Household Products industry which returned 16.8% over the past year.
Return vs Market: EVEREADY exceeded the Indian Market which returned 59.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Eveready Industries India's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Eveready Industries India Limited's(NSE:EVEREADY) Recent Stock Performance Tethered To Its Strong Fundamentals?
1 month ago | Simply Wall StEveready Industries India (NSE:EVEREADY) Is Reinvesting To Multiply In Value
1 month ago | Simply Wall StWhat Is The Ownership Structure Like For Eveready Industries India Limited (NSE:EVEREADY)?
Is Eveready Industries India undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EVEREADY (₹306.85) is trading below our estimate of fair value (₹574.01)
Significantly Below Fair Value: EVEREADY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EVEREADY is unprofitable, so we can't compare its PE Ratio to the Asian Household Products industry average.
PE vs Market: EVEREADY 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 EVEREADY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EVEREADY is overvalued based on its PB Ratio (9.1x) compared to the IN Household Products industry average (3.1x).
How is Eveready Industries India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Eveready Industries India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EVEREADY is currently unprofitable.
Growing Profit Margin: EVEREADY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EVEREADY is unprofitable, and losses have increased over the past 5 years at a rate of 2.2% per year.
Accelerating Growth: Unable to compare EVEREADY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EVEREADY is unprofitable, making it difficult to compare its past year earnings growth to the Household Products industry (28.6%).
Return on Equity
High ROE: EVEREADY has a negative Return on Equity (-127.19%), as it is currently unprofitable.
How is Eveready Industries India's financial position?
Financial Position Analysis
Short Term Liabilities: EVEREADY's short term assets (₹4.8B) do not cover its short term liabilities (₹5.2B).
Long Term Liabilities: EVEREADY's short term assets (₹4.8B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: EVEREADY's debt to equity ratio (199.4%) is considered high.
Reducing Debt: EVEREADY's debt to equity ratio has increased from 97.1% to 199.4% over the past 5 years.
Debt Coverage: EVEREADY's debt is well covered by operating cash flow (35.4%).
Interest Coverage: EVEREADY is unprofitable, therefore interest payments are not well covered by earnings.
What is Eveready Industries India current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EVEREADY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EVEREADY'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 EVEREADY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EVEREADY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: EVEREADY is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EVEREADY's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Amritanshu Khaitan (38 yo)
Mr. Amritanshu K. Khaitan, B. Com (Hons.), MBA (London), has been the Managing Director of Eveready Industries India Limited since May 5, 2014. Mr. Khaitan serves as an Executive Director of Eveready Indus...
CEO Compensation Analysis
Compensation vs Market: Amritanshu's total compensation ($USD553.24K) is above average for companies of similar size in the Indian market ($USD322.21K).
Compensation vs Earnings: Amritanshu's compensation has been consistent with company performance over the past year.
Experienced Management: EVEREADY's management team is considered experienced (2.1 years average tenure).
Experienced Board: EVEREADY's board of directors are not considered experienced ( 1.3 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.
Eveready Industries India Limited's company bio, employee growth, exchange listings and data sources
- Name: Eveready Industries India Limited
- Ticker: EVEREADY
- Exchange: NSEI
- Founded: 1905
- Industry: Household Products
- Sector: Household
- Market Cap: ₹22.268b
- Shares outstanding: 72.69m
- Website: https://www.evereadyindia.com
Number of Employees
- Eveready Industries India Limited
- 2, Rainey Park
- West Bengal
Eveready Industries India Limited, together with its subsidiaries, manufactures and markets batteries, flashlights, and general lighting and electrical products in India and internationally. It offers vari...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/24 17:40|
|End of Day Share Price||2021/06/24 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.