Exide Industries Ltd.
•₹ 459.6-0.97%
2026-08-21
PROS
- Company is almost debt free
- Company has consistently been profitable over the last 5 years
- Latest quarter profit grew 27.9% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.05x)
- Company comfortably covers its interest (10.7x coverage)
- Company has a consistent dividend-paying track record
CONS
- Company has a low return on equity of 6.5% over last 3 years
- Company has a low return on capital employed of 9.7%
- Company has delivered a poor profit growth of 3.2% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | EXIDEIND | 459.20 | 41.89 | 39032.00 | 0.44 | 351.30 | 27.94 | 5528.38 | 17.75 | 9.04 | 11.25 |
| 2. | HBLENGINE | 671.30 | 23.83 | 18608.10 | 0.45 | 109.14 | -23.86 | 638.03 | 6.03 | 27.46 | 22.72 |
| 3. | ARE&M | 929.45 | 18.45 | 17011.29 | 1.14 | 190.94 | 15.86 | 4214.54 | 23.92 | 15.73 | 9.63 |
| 4. | EVEREADY | 357.40 | 14.57 | 2597.84 | 0.70 | 36.97 | 22.30 | 407.71 | 8.97 | 23.95 | 15.01 |
| 5. | NIPPOBATRY | 331.30 | 0.00 | 248.47 | 1.13 | 2.01 | 96.10 | 116.14 | -2.76 | 35.63 | 0.11 |
| 6. | LAKHNNATNL | 256.85 | 0.00 | 192.64 | 0.76 | 1.66 | 97.26 | 63.52 | 9.49 | 17.04 | 4.07 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,245 | 4,372 | 3,980 | 4,173 | 4,436 | 4,450 | 4,017 | 4,335 | 4,695 | 4,365 | 4,201 | 4,735 | 5,528 | |
| 3,807 | 3,872 | 3,548 | 3,725 | 3,963 | 3,978 | 3,592 | 3,907 | 4,157 | 3,973 | 3,748 | 4,247 | 5,069 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 22 | 37 | 25 | 5 | 16 | 40 | 13 | 44 | 28 | 54 | 15 | 4 | 27 |
| Interest | 24 | 30 | 32 | 31 | 30 | 34 | 54 | 35 | 32 | 40 | 25 | 27 | 20 |
| Depreciation | 132 | 141 | 145 | 142 | 144 | 146 | 145 | 148 | 149 | 152 | 149 | 138 | 142 |
| 304 | 365 | 281 | 280 | 316 | 333 | 238 | 289 | 385 | 253 | 283 | 328 | 487 | |
| Tax % | 26.39% | 26.06% | 27.77% | 33.85% | 30.16% | 29.75% | 33.45% | 35.16% | 28.69% | 31.47% | 31.17% | 33.78% | 27.87% |
| Net Profit | 0 | 0 | 0 | 0 | 221 | 233 | 158 | 188 | 275 | 174 | 195 | 217 | 351 |
| 3 | 3 | 2 | 2 | 3 | 3 | 2 | 2 | 3 | 2 | 2 | 3 | 0 | |
| Equity Capital | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 4,245
- 3,807
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 24
- Depreciation
- 132
- 304
- Tax %
- 26.39%
- Net Profit
- 0
- 3
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 4,372
- 3,872
- Operating Profit
- —
- OPM %
- —
- Other Income
- 37
- Interest
- 30
- Depreciation
- 141
- 365
- Tax %
- 26.06%
- Net Profit
- 0
- 3
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 3,980
- 3,548
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 32
- Depreciation
- 145
- 281
- Tax %
- 27.77%
- Net Profit
- 0
- 2
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 4,173
- 3,725
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 31
- Depreciation
- 142
- 280
- Tax %
- 33.85%
- Net Profit
- 0
- 2
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 4,436
- 3,963
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 30
- Depreciation
- 144
- 316
- Tax %
- 30.16%
- Net Profit
- 221
- 3
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 4,450
- 3,978
- Operating Profit
- —
- OPM %
- —
- Other Income
- 40
- Interest
- 34
- Depreciation
- 146
- 333
- Tax %
- 29.75%
- Net Profit
- 233
- 3
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 4,017
- 3,592
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 54
- Depreciation
- 145
- 238
- Tax %
- 33.45%
- Net Profit
- 158
- 2
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 4,335
- 3,907
- Operating Profit
- —
- OPM %
- —
- Other Income
- 44
- Interest
- 35
- Depreciation
- 148
- 289
- Tax %
- 35.16%
- Net Profit
- 188
- 2
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 4,695
- 4,157
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 32
- Depreciation
- 149
- 385
- Tax %
- 28.69%
- Net Profit
- 275
- 3
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 4,365
- 3,973
- Operating Profit
- —
- OPM %
- —
- Other Income
- 54
- Interest
- 40
- Depreciation
- 152
- 253
- Tax %
- 31.47%
- Net Profit
- 174
- 2
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 4,201
- 3,748
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 25
- Depreciation
- 149
- 283
- Tax %
- 31.17%
- Net Profit
- 195
- 2
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 4,735
- 4,247
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 27
- Depreciation
- 138
- 328
- Tax %
- 33.78%
- Net Profit
- 217
- 3
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 5,528
- 5,069
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 20
- Depreciation
- 142
- 487
- Tax %
- 27.87%
- Net Profit
- 351
- 0
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 85
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11,179 | 12,808 | 14,721 | 14,471 | 10,359 | 12,789 | 15,078 | 16,770 | 17,238 | 17,995 | 18,829 | |
| 9,828 | 11,431 | 13,191 | 13,049 | 8,993 | 11,386 | 13,485 | 14,949 | 15,433 | 16,119 | 17,037 | |
| Operating Profit | 1,476 | 1,471 | 1,601 | 1,520 | 1,429 | 1,465 | 1,718 | 1,911 | 1,917 | 1,977 | — |
| OPM % | 13 | 11 | 11 | 11 | 14 | 11 | 11 | 11 | 11 | 11 | — |
| Other Income | 126 | 94 | 72 | 98 | 62 | 62 | 125 | 90 | 113 | 101 | 100 |
| Interest | 153 | 114 | 117 | 108 | 37 | 64 | 79 | 120 | 160 | 129 | 111 |
| Depreciation | 226 | 267 | 344 | 418 | 394 | 440 | 502 | 560 | 582 | 589 | 582 |
| 1,097 | 1,048 | 1,249 | 972 | 998 | 961 | 1,138 | 1,231 | 1,176 | 1,249 | 1,351 | |
| Tax % | 27 | 34 | 32 | 22 | 27 | 28 | 28 | 28 | 32 | 31 | 31 |
| Net Profit | 804 | 694 | 847 | 762 | 733 | 694 | 823 | 883 | 800 | 860 | 937 |
| EPS | 9 | 8 | 10 | 9 | 10 | 51 | 10 | 10 | 9 | 10 | — |
| Dividend Payout % | 25 | 30 | 24 | 45 | 21 | 4 | 21 | 19 | 21 | 20 | — |
| Minority Interest | -3 | -3 | -2 | 14 | 7 | 10 | -0 | -6 | -5 | -6 | 1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Adjusted EPS | 9 | 8 | 10 | 9 | 10 | 51 | 10 | 10 | 9 | 10 | — |
| Minority Interest | -3 | -3 | -2 | 14 | 7 | 10 | -0 | -6 | -5 | -6 | 1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Adjusted EPS | 9 | 8 | 10 | 9 | 10 | 51 | 10 | 10 | 9 | 10 | — |
Mar 2017
- 11,179
- 9,828
- Operating Profit
- 1,476
- OPM %
- 13
- Other Income
- 126
- Interest
- 153
- Depreciation
- 226
- 1,097
- Tax %
- 27
- Net Profit
- 804
- EPS
- 9
- Dividend Payout %
- 25
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2018
- 12,808
- 11,431
- Operating Profit
- 1,471
- OPM %
- 11
- Other Income
- 94
- Interest
- 114
- Depreciation
- 267
- 1,048
- Tax %
- 34
- Net Profit
- 694
- EPS
- 8
- Dividend Payout %
- 30
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2019
- 14,721
- 13,191
- Operating Profit
- 1,601
- OPM %
- 11
- Other Income
- 72
- Interest
- 117
- Depreciation
- 344
- 1,249
- Tax %
- 32
- Net Profit
- 847
- EPS
- 10
- Dividend Payout %
- 24
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2020
- 14,471
- 13,049
- Operating Profit
- 1,520
- OPM %
- 11
- Other Income
- 98
- Interest
- 108
- Depreciation
- 418
- 972
- Tax %
- 22
- Net Profit
- 762
- EPS
- 9
- Dividend Payout %
- 45
- Minority Interest
- 14
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 14
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2021
- 10,359
- 8,993
- Operating Profit
- 1,429
- OPM %
- 14
- Other Income
- 62
- Interest
- 37
- Depreciation
- 394
- 998
- Tax %
- 27
- Net Profit
- 733
- EPS
- 10
- Dividend Payout %
- 21
- Minority Interest
- 7
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 7
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2022
- 12,789
- 11,386
- Operating Profit
- 1,465
- OPM %
- 11
- Other Income
- 62
- Interest
- 64
- Depreciation
- 440
- 961
- Tax %
- 28
- Net Profit
- 694
- EPS
- 51
- Dividend Payout %
- 4
- Minority Interest
- 10
- Share of Associates
- 0
- Adjusted EPS
- 51
- Minority Interest
- 10
- Share of Associates
- 0
- Adjusted EPS
- 51
Mar 2023
- 15,078
- 13,485
- Operating Profit
- 1,718
- OPM %
- 11
- Other Income
- 125
- Interest
- 79
- Depreciation
- 502
- 1,138
- Tax %
- 28
- Net Profit
- 823
- EPS
- 10
- Dividend Payout %
- 21
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2024
- 16,770
- 14,949
- Operating Profit
- 1,911
- OPM %
- 11
- Other Income
- 90
- Interest
- 120
- Depreciation
- 560
- 1,231
- Tax %
- 28
- Net Profit
- 883
- EPS
- 10
- Dividend Payout %
- 19
- Minority Interest
- -6
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- -6
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2025
- 17,238
- 15,433
- Operating Profit
- 1,917
- OPM %
- 11
- Other Income
- 113
- Interest
- 160
- Depreciation
- 582
- 1,176
- Tax %
- 32
- Net Profit
- 800
- EPS
- 9
- Dividend Payout %
- 21
- Minority Interest
- -5
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- -5
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2026
- 17,995
- 16,119
- Operating Profit
- 1,977
- OPM %
- 11
- Other Income
- 101
- Interest
- 129
- Depreciation
- 589
- 1,249
- Tax %
- 31
- Net Profit
- 860
- EPS
- 10
- Dividend Payout %
- 20
- Minority Interest
- -6
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- -6
- Share of Associates
- 0
- Adjusted EPS
- 10
TTM
- 18,829
- 17,037
- Operating Profit
- —
- OPM %
- —
- Other Income
- 100
- Interest
- 111
- Depreciation
- 582
- 1,351
- Tax %
- 31
- Net Profit
- 937
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 1
- Share of Associates
- 1
- Adjusted EPS
- —
- Minority Interest
- 1
- Share of Associates
- 1
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 7%
- 5 Years:
- 12%
- 3 Years:
- 6%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 2%
- 5 Years:
- 1%
- 3 Years:
- 1%
STOCK PRICE CAGR
- 10 Years:
- 10%
- 5 Years:
- 24%
- 3 Years:
- 21%
- 1 Year:
- 17%
RETURN ON EQUITY
- 10 Years:
- 10%
- 5 Years:
- 7%
- 3 Years:
- 7%
- Last Year:
- 6%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 |
| 4,947 | 5,344 | 6,022 | 6,382 | 7,187 | 10,499 | 11,047 | 12,801 | 13,828 | 13,820 | |
| 185 | 50 | 79 | 62 | 53 | 127 | 138 | 425 | 568 | 133 | |
| Trade Payables | 1,216 | 1,519 | 1,577 | 1,606 | 2,374 | 1,846 | 1,856 | 2,708 | 3,345 | 3,676 |
| 11,332 | 12,816 | 14,668 | 16,217 | 18,978 | 1,288 | 1,523 | 2,108 | 3,563 | 3,365 | |
| Total Liabilities | 17,765 | 19,815 | 22,431 | 24,351 | 28,677 | 13,845 | 14,649 | 18,127 | 21,390 | 21,079 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 2,259 | 2,681 | 3,080 | 3,248 | 3,599 | 3,361 | 3,682 | 3,853 | 3,935 | 4,006 | |
| Capital Work in Progress | 146 | 237 | 265 | 361 | 379 | 322 | 335 | 1,165 | 3,426 | 3,938 |
| 11,884 | 12,490 | 14,328 | 15,816 | 18,807 | 5,558 | 5,106 | 5,940 | 6,468 | 6,131 | |
| 1,702 | 2,005 | 2,065 | 2,415 | 2,637 | 2,855 | 3,436 | 3,869 | 4,565 | 4,004 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,382 | 1,686 | 1,575 | |
| Cash & Bank | 324 | 317 | 350 | 342 | 354 | 199 | 140 | 331 | 188 | 258 |
| 1,450 | 2,084 | 2,343 | 2,171 | 2,902 | 1,549 | 1,949 | 1,588 | 1,121 | 1,167 | |
| Total Assets | 17,765 | 19,815 | 22,431 | 24,351 | 28,677 | 13,845 | 14,649 | 18,127 | 21,390 | 21,079 |
| Total Debt | 187 | 60 | 89 | 71 | 138 | 209 | 279 | 697 | 1,561 | 1,093 |
| Net Working Capital | 2,228 | 2,034 | 2,085 | 2,158 | 1,451 | 2,303 | 2,667 | 1,787 | 1,307 | 1,297 |
| Contingent Liabilities | 461 | 517 | 462 | 438 | 452 | 102 | 96 | 250 | 254 | 293 |
| Book Value per Share | 59.20 | 63.87 | 71.85 | 76.09 | 85.56 | 124.51 | 130.97 | 151.60 | 163.69 | 163.59 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 187 | 60 | 89 | 71 | 138 | 209 | 279 | 697 | 1,561 | 1,093 |
| Net Working Capital | 2,228 | 2,034 | 2,085 | 2,158 | 1,451 | 2,303 | 2,667 | 1,787 | 1,307 | 1,297 |
| Contingent Liabilities | 461 | 517 | 462 | 438 | 452 | 102 | 96 | 250 | 254 | 293 |
| Book Value per Share | 59.20 | 63.87 | 71.85 | 76.09 | 85.56 | 124.51 | 130.97 | 151.60 | 163.69 | 163.59 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2017
- Equity Capital
- 85
- 4,947
- 185
- Trade Payables
- 1,216
- 11,332
- Total Liabilities
- 17,765
- 2,259
- Capital Work in Progress
- 146
- 11,884
- 1,702
- 0
- Cash & Bank
- 324
- 1,450
- Total Assets
- 17,765
- Total Debt
- 187
- Net Working Capital
- 2,228
- Contingent Liabilities
- 461
- Book Value per Share
- 59.20
- Face Value
- 1.00
- Total Debt
- 187
- Net Working Capital
- 2,228
- Contingent Liabilities
- 461
- Book Value per Share
- 59.20
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 85
- 5,344
- 50
- Trade Payables
- 1,519
- 12,816
- Total Liabilities
- 19,815
- 2,681
- Capital Work in Progress
- 237
- 12,490
- 2,005
- 0
- Cash & Bank
- 317
- 2,084
- Total Assets
- 19,815
- Total Debt
- 60
- Net Working Capital
- 2,034
- Contingent Liabilities
- 517
- Book Value per Share
- 63.87
- Face Value
- 1.00
- Total Debt
- 60
- Net Working Capital
- 2,034
- Contingent Liabilities
- 517
- Book Value per Share
- 63.87
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 85
- 6,022
- 79
- Trade Payables
- 1,577
- 14,668
- Total Liabilities
- 22,431
- 3,080
- Capital Work in Progress
- 265
- 14,328
- 2,065
- 0
- Cash & Bank
- 350
- 2,343
- Total Assets
- 22,431
- Total Debt
- 89
- Net Working Capital
- 2,085
- Contingent Liabilities
- 462
- Book Value per Share
- 71.85
- Face Value
- 1.00
- Total Debt
- 89
- Net Working Capital
- 2,085
- Contingent Liabilities
- 462
- Book Value per Share
- 71.85
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 85
- 6,382
- 62
- Trade Payables
- 1,606
- 16,217
- Total Liabilities
- 24,351
- 3,248
- Capital Work in Progress
- 361
- 15,816
- 2,415
- 0
- Cash & Bank
- 342
- 2,171
- Total Assets
- 24,351
- Total Debt
- 71
- Net Working Capital
- 2,158
- Contingent Liabilities
- 438
- Book Value per Share
- 76.09
- Face Value
- 1.00
- Total Debt
- 71
- Net Working Capital
- 2,158
- Contingent Liabilities
- 438
- Book Value per Share
- 76.09
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 85
- 7,187
- 53
- Trade Payables
- 2,374
- 18,978
- Total Liabilities
- 28,677
- 3,599
- Capital Work in Progress
- 379
- 18,807
- 2,637
- 0
- Cash & Bank
- 354
- 2,902
- Total Assets
- 28,677
- Total Debt
- 138
- Net Working Capital
- 1,451
- Contingent Liabilities
- 452
- Book Value per Share
- 85.56
- Face Value
- 1.00
- Total Debt
- 138
- Net Working Capital
- 1,451
- Contingent Liabilities
- 452
- Book Value per Share
- 85.56
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 85
- 10,499
- 127
- Trade Payables
- 1,846
- 1,288
- Total Liabilities
- 13,845
- 3,361
- Capital Work in Progress
- 322
- 5,558
- 2,855
- 0
- Cash & Bank
- 199
- 1,549
- Total Assets
- 13,845
- Total Debt
- 209
- Net Working Capital
- 2,303
- Contingent Liabilities
- 102
- Book Value per Share
- 124.51
- Face Value
- 1.00
- Total Debt
- 209
- Net Working Capital
- 2,303
- Contingent Liabilities
- 102
- Book Value per Share
- 124.51
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 85
- 11,047
- 138
- Trade Payables
- 1,856
- 1,523
- Total Liabilities
- 14,649
- 3,682
- Capital Work in Progress
- 335
- 5,106
- 3,436
- 0
- Cash & Bank
- 140
- 1,949
- Total Assets
- 14,649
- Total Debt
- 279
- Net Working Capital
- 2,667
- Contingent Liabilities
- 96
- Book Value per Share
- 130.97
- Face Value
- 1.00
- Total Debt
- 279
- Net Working Capital
- 2,667
- Contingent Liabilities
- 96
- Book Value per Share
- 130.97
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 85
- 12,801
- 425
- Trade Payables
- 2,708
- 2,108
- Total Liabilities
- 18,127
- 3,853
- Capital Work in Progress
- 1,165
- 5,940
- 3,869
- 1,382
- Cash & Bank
- 331
- 1,588
- Total Assets
- 18,127
- Total Debt
- 697
- Net Working Capital
- 1,787
- Contingent Liabilities
- 250
- Book Value per Share
- 151.60
- Face Value
- 1.00
- Total Debt
- 697
- Net Working Capital
- 1,787
- Contingent Liabilities
- 250
- Book Value per Share
- 151.60
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 85
- 13,828
- 568
- Trade Payables
- 3,345
- 3,563
- Total Liabilities
- 21,390
- 3,935
- Capital Work in Progress
- 3,426
- 6,468
- 4,565
- 1,686
- Cash & Bank
- 188
- 1,121
- Total Assets
- 21,390
- Total Debt
- 1,561
- Net Working Capital
- 1,307
- Contingent Liabilities
- 254
- Book Value per Share
- 163.69
- Face Value
- 1.00
- Total Debt
- 1,561
- Net Working Capital
- 1,307
- Contingent Liabilities
- 254
- Book Value per Share
- 163.69
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 85
- 13,820
- 133
- Trade Payables
- 3,676
- 3,365
- Total Liabilities
- 21,079
- 4,006
- Capital Work in Progress
- 3,938
- 6,131
- 4,004
- 1,575
- Cash & Bank
- 258
- 1,167
- Total Assets
- 21,079
- Total Debt
- 1,093
- Net Working Capital
- 1,297
- Contingent Liabilities
- 293
- Book Value per Share
- 163.59
- Face Value
- 1.00
- Total Debt
- 1,093
- Net Working Capital
- 1,297
- Contingent Liabilities
- 293
- Book Value per Share
- 163.59
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 937 | 914 | 1,687 | 1,619 | 2,263 | 61 | 768 | 1,533 | 1,273 | 2,413 | |
| Cash from Investing | -728 | -537 | -1,437 | -1,097 | -2,080 | 66 | -799 | -1,458 | -1,934 | -1,551 |
| Cash from Financing | -182 | -386 | -217 | -532 | -170 | -172 | -30 | 108 | 515 | -805 |
| 27 | -8 | 33 | -10 | 13 | -45 | -61 | 183 | -146 | 57 | |
| Free Cash Flow | 475 | 139 | 926 | 942 | 1,475 | 39 | -369 | 435 | -1,586 | 1,283 |
| OCF / Net Profit | 1.17 | 1.32 | 1.99 | 2.12 | 3.09 | 0.09 | 0.93 | 1.74 | 1.59 | 2.81 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 3,958 | 3,523 | 3,014 | 2,523 | -5 | -198 |
| OCF / Net Profit | 1.17 | 1.32 | 1.99 | 2.12 | 3.09 | 0.09 | 0.93 | 1.74 | 1.59 | 2.81 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 3,958 | 3,523 | 3,014 | 2,523 | -5 | -198 |
Mar 2017
- 937
- Cash from Investing
- -728
- Cash from Financing
- -182
- 27
- Free Cash Flow
- 475
- OCF / Net Profit
- 1.17
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.17
- Cumulative 5-Year FCF
- 0
Mar 2018
- 914
- Cash from Investing
- -537
- Cash from Financing
- -386
- -8
- Free Cash Flow
- 139
- OCF / Net Profit
- 1.32
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.32
- Cumulative 5-Year FCF
- 0
Mar 2019
- 1,687
- Cash from Investing
- -1,437
- Cash from Financing
- -217
- 33
- Free Cash Flow
- 926
- OCF / Net Profit
- 1.99
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.99
- Cumulative 5-Year FCF
- 0
Mar 2020
- 1,619
- Cash from Investing
- -1,097
- Cash from Financing
- -532
- -10
- Free Cash Flow
- 942
- OCF / Net Profit
- 2.12
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.12
- Cumulative 5-Year FCF
- 0
Mar 2021
- 2,263
- Cash from Investing
- -2,080
- Cash from Financing
- -170
- 13
- Free Cash Flow
- 1,475
- OCF / Net Profit
- 3.09
- Cumulative 5-Year FCF
- 3,958
- OCF / Net Profit
- 3.09
- Cumulative 5-Year FCF
- 3,958
Mar 2022
- 61
- Cash from Investing
- 66
- Cash from Financing
- -172
- -45
- Free Cash Flow
- 39
- OCF / Net Profit
- 0.09
- Cumulative 5-Year FCF
- 3,523
- OCF / Net Profit
- 0.09
- Cumulative 5-Year FCF
- 3,523
Mar 2023
- 768
- Cash from Investing
- -799
- Cash from Financing
- -30
- -61
- Free Cash Flow
- -369
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 3,014
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 3,014
Mar 2024
- 1,533
- Cash from Investing
- -1,458
- Cash from Financing
- 108
- 183
- Free Cash Flow
- 435
- OCF / Net Profit
- 1.74
- Cumulative 5-Year FCF
- 2,523
- OCF / Net Profit
- 1.74
- Cumulative 5-Year FCF
- 2,523
Mar 2025
- 1,273
- Cash from Investing
- -1,934
- Cash from Financing
- 515
- -146
- Free Cash Flow
- -1,586
- OCF / Net Profit
- 1.59
- Cumulative 5-Year FCF
- -5
- OCF / Net Profit
- 1.59
- Cumulative 5-Year FCF
- -5
Mar 2026
- 2,413
- Cash from Investing
- -1,551
- Cash from Financing
- -805
- 57
- Free Cash Flow
- 1,283
- OCF / Net Profit
- 2.81
- Cumulative 5-Year FCF
- -198
- OCF / Net Profit
- 2.81
- Cumulative 5-Year FCF
- -198
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 9.42 | 8.13 | 9.95 | 9.14 | 9.53 | 51.38 | 9.68 | 10.31 | 9.35 | 10.05 |
| Book Value (₹) | 59.20 | 63.87 | 71.85 | 76.09 | 85.56 | 124.51 | 130.97 | 151.60 | 163.69 | 163.59 |
| Dividend per Share (₹) | 2.40 | 2.40 | 2.40 | 4.10 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Cash EPS (₹) | 12.12 | 11.31 | 14.01 | 13.88 | 13.26 | 13.34 | 15.58 | 16.98 | 16.27 | 17.04 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 12.15% | 11.25% | 10.88% | 10.50% | 13.79% | 11.46% | 11.39% | 10.86% | 10.47% | 10.42% |
| Net Margin % | 6.62% | 5.31% | 5.76% | 5.27% | 7.08% | 5.43% | 5.46% | 5.26% | 4.64% | 4.78% |
| ROE % | 17.07% | 13.27% | 14.69% | 12.13% | 10.68% | 7.78% | 7.58% | 7.35% | 5.97% | 6.18% |
| ROCE % | 25.71% | 21.71% | 23.38% | 16.96% | 14.84% | 11.26% | 10.96% | 10.81% | 9.19% | 9.04% |
| 4.85% | 3.69% | 4.01% | 3.26% | 2.77% | 3.27% | 5.77% | 5.39% | 4.05% | 4.05% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 22 | 26 | 29 | 29 | 38 | 31 | 28 | 28 | 32 | 33 |
| Inventory Days | 44 | 52 | 50 | 56 | 89 | 78 | 76 | 79 | 89 | 87 |
| Payable Days | 82 | 74 | 73 | 84 | 97 | 69 | 45 | 51 | 66 | 76 |
| -16 | 3 | 7 | 2 | 30 | 40 | 59 | 57 | 56 | 44 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.04x | 0.01x | 0.01x | 0.01x | 0.02x | 0.02x | 0.03x | 0.05x | 0.11x | 0.08x |
| Interest Coverage (x) | 8.18x | 10.17x | 11.67x | 9.98x | 28.33x | 15.93x | 15.45x | 11.25x | 8.37x | 10.66x |
| 1.85x | 1.67x | 1.62x | 1.66x | 1.30x | 1.82x | 1.88x | 1.40x | 1.22x | 1.22x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 17.23% | 14.58% | 14.93% | -1.70% | -28.41% | 23.45% | 17.90% | 11.22% | 2.79% | 4.39% |
| Operating Profit Growth % | 18.42% | -0.32% | 8.85% | -5.11% | -5.97% | 2.56% | 17.23% | 11.25% | 0.33% | 3.09% |
| Net Profit Growth % | 14.84% | -13.67% | 22.08% | -10.02% | -3.81% | -5.33% | 18.50% | 7.30% | -9.32% | 7.42% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 6.56% | -9.31% | 7.44% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 29.52x | 38.53x | 28.66x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.01x | 2.20x | 1.76x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.66% | 0.56% | 0.69% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 13.73x | 16.69x | 12.81x |
Mar 2017
- EPS (₹)
- 9.42
- Book Value (₹)
- 59.20
- Dividend per Share (₹)
- 2.40
- Cash EPS (₹)
- 12.12
- Operating Margin %
- 12.15%
- Net Margin %
- 6.62%
- ROE %
- 17.07%
- ROCE %
- 25.71%
- 4.85%
- Debtor Days
- 22
- Inventory Days
- 44
- Payable Days
- 82
- -16
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 8.18x
- 1.85x
- Revenue Growth %
- 17.23%
- Operating Profit Growth %
- 18.42%
- Net Profit Growth %
- 14.84%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 8.13
- Book Value (₹)
- 63.87
- Dividend per Share (₹)
- 2.40
- Cash EPS (₹)
- 11.31
- Operating Margin %
- 11.25%
- Net Margin %
- 5.31%
- ROE %
- 13.27%
- ROCE %
- 21.71%
- 3.69%
- Debtor Days
- 26
- Inventory Days
- 52
- Payable Days
- 74
- 3
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 10.17x
- 1.67x
- Revenue Growth %
- 14.58%
- Operating Profit Growth %
- -0.32%
- Net Profit Growth %
- -13.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 9.95
- Book Value (₹)
- 71.85
- Dividend per Share (₹)
- 2.40
- Cash EPS (₹)
- 14.01
- Operating Margin %
- 10.88%
- Net Margin %
- 5.76%
- ROE %
- 14.69%
- ROCE %
- 23.38%
- 4.01%
- Debtor Days
- 29
- Inventory Days
- 50
- Payable Days
- 73
- 7
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 11.67x
- 1.62x
- Revenue Growth %
- 14.93%
- Operating Profit Growth %
- 8.85%
- Net Profit Growth %
- 22.08%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 9.14
- Book Value (₹)
- 76.09
- Dividend per Share (₹)
- 4.10
- Cash EPS (₹)
- 13.88
- Operating Margin %
- 10.50%
- Net Margin %
- 5.27%
- ROE %
- 12.13%
- ROCE %
- 16.96%
- 3.26%
- Debtor Days
- 29
- Inventory Days
- 56
- Payable Days
- 84
- 2
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 9.98x
- 1.66x
- Revenue Growth %
- -1.70%
- Operating Profit Growth %
- -5.11%
- Net Profit Growth %
- -10.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 9.53
- Book Value (₹)
- 85.56
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 13.26
- Operating Margin %
- 13.79%
- Net Margin %
- 7.08%
- ROE %
- 10.68%
- ROCE %
- 14.84%
- 2.77%
- Debtor Days
- 38
- Inventory Days
- 89
- Payable Days
- 97
- 30
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 28.33x
- 1.30x
- Revenue Growth %
- -28.41%
- Operating Profit Growth %
- -5.97%
- Net Profit Growth %
- -3.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 51.38
- Book Value (₹)
- 124.51
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 13.34
- Operating Margin %
- 11.46%
- Net Margin %
- 5.43%
- ROE %
- 7.78%
- ROCE %
- 11.26%
- 3.27%
- Debtor Days
- 31
- Inventory Days
- 78
- Payable Days
- 69
- 40
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 15.93x
- 1.82x
- Revenue Growth %
- 23.45%
- Operating Profit Growth %
- 2.56%
- Net Profit Growth %
- -5.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 9.68
- Book Value (₹)
- 130.97
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 15.58
- Operating Margin %
- 11.39%
- Net Margin %
- 5.46%
- ROE %
- 7.58%
- ROCE %
- 10.96%
- 5.77%
- Debtor Days
- 28
- Inventory Days
- 76
- Payable Days
- 45
- 59
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 15.45x
- 1.88x
- Revenue Growth %
- 17.90%
- Operating Profit Growth %
- 17.23%
- Net Profit Growth %
- 18.50%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 10.31
- Book Value (₹)
- 151.60
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 16.98
- Operating Margin %
- 10.86%
- Net Margin %
- 5.26%
- ROE %
- 7.35%
- ROCE %
- 10.81%
- 5.39%
- Debtor Days
- 28
- Inventory Days
- 79
- Payable Days
- 51
- 57
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 11.25x
- 1.40x
- Revenue Growth %
- 11.22%
- Operating Profit Growth %
- 11.25%
- Net Profit Growth %
- 7.30%
- 6.56%
- P/E (x)
- 29.52x
- P/B (x)
- 2.01x
- Dividend Yield %
- 0.66%
- 13.73x
Mar 2025
- EPS (₹)
- 9.35
- Book Value (₹)
- 163.69
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 16.27
- Operating Margin %
- 10.47%
- Net Margin %
- 4.64%
- ROE %
- 5.97%
- ROCE %
- 9.19%
- 4.05%
- Debtor Days
- 32
- Inventory Days
- 89
- Payable Days
- 66
- 56
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 8.37x
- 1.22x
- Revenue Growth %
- 2.79%
- Operating Profit Growth %
- 0.33%
- Net Profit Growth %
- -9.32%
- -9.31%
- P/E (x)
- 38.53x
- P/B (x)
- 2.20x
- Dividend Yield %
- 0.56%
- 16.69x
Mar 2026
- EPS (₹)
- 10.05
- Book Value (₹)
- 163.59
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 17.04
- Operating Margin %
- 10.42%
- Net Margin %
- 4.78%
- ROE %
- 6.18%
- ROCE %
- 9.04%
- 4.05%
- Debtor Days
- 33
- Inventory Days
- 87
- Payable Days
- 76
- 44
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 10.66x
- 1.22x
- Revenue Growth %
- 4.39%
- Operating Profit Growth %
- 3.09%
- Net Profit Growth %
- 7.42%
- 7.44%
- P/E (x)
- 28.66x
- P/B (x)
- 1.76x
- Dividend Yield %
- 0.69%
- 12.81x
Documents
Announcements
- General Updates
2026-08-18 - Exide Industries Limited has informed the Exchange about further investment in Exide Energy Solutions Limited, wholly owned subsidiary of the Company,
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-06 - Exide Industries Limited has informed the Exchange about transcript of earnings call for Q1 FY 2026-27.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
May 2026
Feb 2026