E

Exide Industries Limited

EXIDEINDNSE
Market snapshot · 2026-08-11 12:19 UTC

483.35

₹-2.05 (-0.42%)

MARKET CAP

₹41.08K Cr

STOCK P/E

44.1x

52W HIGH

₹496.40

52W LOW

₹287.00

BOOK VALUE

₹163.59

EPS

₹10.97

ROE

SECTOR

Industrials

DEBT/EQUITY

11.31

VOLUME

42.87L

P/B RATIO

2.95x

PEG RATIO

1.57

Sector

Industrials

Themes

BatteriesEvAuto AncillaryLife Insurance Corporation of India Portfolio
D
Dividend
E
Earnings
₹490.00₹441.30₹392.60₹343.89₹295.19VolumeEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for EXIDEIND.

16.00 analysts

Price Forecast

Current
₹483.35
High Target
₹524.00
▲ +8.4%
Median Target
₹426.50
▼ -11.8%
Low Target
₹325.00
▼ -32.8%
Now₹483.35High ₹524.00Median ₹426.50Low ₹325.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
16 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹398.05 - ₹581.2180%
6M₹366.23 - ₹625.5380%
12M₹324.60 - ₹692.0680%
Realized vol: +29.5% · Drift: +2.4%

Revenue Forecast

₹ Cr
Jun '26Current₹5,305.0
Sep 2026 ETrend estimate range
High₹4,989.9Base₹4,620.2Low₹4,250.6
Sep '25: ₹4,178.0 · Dec '25: ₹4,030.0 · Mar '26: ₹4,551.0 · Jun '26: ₹5,305.0 · Sep '26: ₹4,620.2 · Dec '26: ₹4,456.6
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E4,178.04,030.04,551.05,305.04,620.24,456.6
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹4.79
Sep 2026 ETrend estimate range
High₹3.45Base₹3.08Low₹2.71
Sep '25: ₹2.60 · Dec '25: ₹3.03 · Mar '26: ₹3.68 · Jun '26: ₹4.79 · Sep '26: ₹3.08 · Dec '26: ₹3.58
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E2.603.033.684.793.083.58
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
45%
Analyst Consensus
Weakening

From 16 analysts

Mean upside-9.3%

Fundamentals

Strong

Fundamentals institutional score is 86 using growth durability 86.0.

Valuation

Premium valuation

Valuation institutional score is 34 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 27 using mean target upside -9.3%; dispersion penalty 18.2; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 18 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 1 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. fundamentals provide support, while valuation and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationAnalyst Consensus WeakeningTechnical Structure Weak StructureMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price438.2 target
Mean Upside-9.3%
Technical Score18%
Fundamental Score86%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 28.6% above historical median. Valuation is stable — currently in the strongly overvalued zone (z-score: +1.38). Confidence: 80%.

Live forward EPS implies next-12-month EPS of ₹18.52. Applying the stock's normalized valuation corridor produces a fair range of ₹560.04 to ₹718.58, with base value near ₹640.61 (+32.5% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹18.52

Forward P/E

26.1x

Base Fair Value

₹640.61

Fair Range

₹560.04 - ₹718.58

Upside To Base

+32.5%

Estimate Source

Live forward EPS

Growth Estimate

+28.3%

P/E
Strongly Overvalued

5Y Average

27.65

Current

44.47

Overvalued

38.80

Undervalued

30.24

EV/EBITDA
Strongly Overvalued

5Y Average

13.40

Current

21.55

Overvalued

17.12

Undervalued

7.74

P/S
Strongly Overvalued

5Y Average

1.36

Current

2.18

Overvalued

1.56

Undervalued

1.15

Peers & Comparison

Sector: Industrials · Theme: Batteries

Batteries Peers8 peers
Avg P/E: 129.7x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
DABUR INDIA LTD
DABURFMCG - Personal Products
+10.6%14.6%
36.8x
Undervalued
-72% vs avg
-17.6%
DR. REDDY S LABORATORIES
DRREDDYPharmaceuticals
-5.6%10.0%
30.7x
Undervalued
-76% vs avg
-5.0%
CG POWER AND IND SOL LTD
CGPOWERHeavy Electrical Equipments
+14.0%9.8%
111.4x
Fair
-14% vs avg
+32.2%
-40.2%0.2%
624.6x
Premium
+382% vs avg
-5.7%
HERO MOTOCORP LIMITED
HEROMOTOCOTwo Wheelers
+34.9%10.7%
21.1x
Undervalued
-84% vs avg
+26.2%
BSE LIMITED
BSEStock Exchanges & Ratings
+64.0%48.9%
50.4x
Undervalued
-61% vs avg
+50.1%
APOLLO HOSPITALS ENTER. L
APOLLOHOSPHospitals & Diagnostic Centres
+18.1%7.7%
65.1x
Undervalued
-50% vs avg
+23.2%
BHARAT FORGE LTD
BHARATFORGIron & Steel
+17.5%6.4%
97.7x
Undervalued
-25% vs avg
+81.6%
WHY THESE PEERS

EXIDE INDUSTRIES LTD trades at a discount (44.6x vs peer avg 129.7x), suggesting potential undervaluation relative to the Batteries cohort. Peers include DABUR INDIA LTD, DR. REDDY S LABORATORIES, CG POWER AND IND SOL LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹5.30K CrJun 2026

Latest net profit

₹407 CrJun 2026

Latest EPS

₹4.79Jun 2026

Net margin

12.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%3.0%6.0%9.0%12.0%0.00 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr₹0₹2₹4₹6₹8
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-6.50K Cr0.00 Cr6.50K Cr13.00K Cr19.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +4,0734,1073,8414,0094,3134,2673,8494,1594,5104,1784,0304,5515,305
Expenses +3,6403,6243,4013,4933,8183,7843,4003,6933,9623,7843,5604,0214,650
Operating Profit432483440516494484449467548395470530655
OPM %11%12%11%13%11%11%12%11%12%9%12%12%12%
Other Income +193923314531316184291414
Interest10121413910121399888
Depreciation119126127125126127124127128131127116118
Profit before tax322385321382374399325343430298343420543
Tax %25%25%25%26%25%25%25%26%25%26%25%26%25%
Net Profit +242287240284280298245255320221258312407
EPS in Rs2.853.382.833.343.293.502.883.003.772.603.033.684.79
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +45.99%45.99%45.99%45.99%45.99%
FIIs +11.47%10.88%10.91%10.30%10.62%
DIIs +17.39%18.46%18.70%19.12%19.30%
Public +25.14%24.66%24.39%24.59%24.08%
Others0.01%0.01%0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 06, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 03, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Investor Presentation

Aug 01, 2026PDFCompany Reports Open

Unaudited Financial Result For Quarter Ended 30Th June 2026

Jul 30, 2026PDFCompany Reports Open