Overall Fundamental outlook

Business Operations:

Sector: Consumer Cyclical
Industry: Auto Parts

Exide Industries Limited designs, manufactures, markets, and sells lead acid storage batteries in India and internationally. The company operates through Automotive and Industrial segments. It also offers automotive, industrial, genset, solar, inverter, institutional uninterrupted power supply (UPS), and submarine batteries, as well as home UPS systems, integrated power back-up systems, and e-rickshaw vehicles. In addition, the company manufactures and supplies recycled lead and lead alloys; offers lithium-ion batteries; produces and distributes industrial battery chargers, rectifiers, and parts; and provides energy storage solutions, as well as engages in the non-conventional energy business. Further, the company offers solutions in the areas of equipment selection, battery sizing, optimum room layout, installation, operation, and maintenance. It sells its batteries under the Exide, Index, Dynex, SF Sonic, Black Panther, Nexcharge, Chloride, and CEIL brand names through a distribution network of dealers. The company's products are used in power, solar, railways, telecom, UPS, projects, traction, and other industries. Exide Industries Limited was formerly known as Chloride Industries Ltd. and changed its name to Exide Industries Limited in August 1995. The company was founded in 1916 and is headquartered in Kolkata, India.

Revenue projections:

Revenue projections for EXIDEIND
Revenue projections for EXIDEIND

The projected decline in EXIDEIND's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.

Financial Ratios:

currentRatio 0.000000
forwardPE 21.335192
debtToEquity 11.151000
earningsGrowth 0.245000
revenueGrowth 0.046000
grossMargins 0.320310
operatingMargins 0.072100
trailingEps 9.720000
forwardEps 15.769720

EXIDEIND's Forward PE is at a healthy level, meaning the stock price is aligned favorably with earnings. This suggests that the stock isn't overpriced, providing room for growth and making it an appealing option for investors looking to capitalize on potential future gains.
EXIDEIND's low Debt-to-Equity ratio suggests the company is minimally leveraged, with limited reliance on debt to finance its operations. This reduced financial risk positions the company for greater stability and financial health, appealing to investors who value conservative financial management.
EXIDEIND's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that EXIDEIND's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.

Price projections:

Price projections for EXIDEIND
Price projections for EXIDEIND

EXIDEIND's price has consistently hovered around the lower end of analysts' projections. This pattern may reflect concerns regarding the company's ability to achieve its anticipated growth.

Recommendation changes over time:

Recommendations trend for EXIDEIND
Recommendations trend for EXIDEIND


EXIDEIND has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view EXIDEIND as a stable option to park their money and potentially benefit from the company's continued growth and profitability.