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

With EXIDEIND's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.

Financial Ratios:

currentRatio 1.225000
forwardPE 22.926714
debtToEquity 14.473000
earningsGrowth 0.014000
revenueGrowth 0.039000
grossMargins 0.327210
operatingMargins 0.064650
trailingEps 9.340000
forwardEps 0.000000

EXIDEIND's current ratio being 1.225 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that EXIDEIND can meet its financial obligations with ease.
EXIDEIND's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside.
Exide Industries Limited's low Debt-to-Equity ratio means the company is not over-leveraged, highlighting its conservative use of debt. This suggests reduced financial risk and a stable balance sheet, making Exide Industries Limited a financially resilient company with lower exposure to debt-related pressures.
EXIDEIND's negative gross and operating margins suggest that the company is experiencing losses at both the production and operational levels. This could point to inefficiencies or declining demand for its products.

Price projections:

Price projections for EXIDEIND
Price projections for EXIDEIND

Over time, EXIDEIND's price projections have been consistently revised lower. This suggests analysts are becoming less optimistic about the company's future prospects and are adjusting their forecasts accordingly.

Recommendation changes over time:

Recommendations trend for EXIDEIND
Recommendations trend for EXIDEIND


Analysts have shown a buy bias for Exide Industries Limited, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to Exide Industries Limited, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.