💡 Did you know?
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Exide Industries Limited is engaged in manufacturing and sales of lead acid batteries and accumulators. The Company’s operates through Storage Batteries & allied products segment. The Company manufactures electrical equipment, general purpose and special-purpose machinery and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, fairly priced.
Exide Industries is scored on the general / industrial framework. It keeps a slim 4.8% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.81× reported profit. Free cash flow is worth about 2.8% of its market value.
Over the last 3 years revenue compounded at 6%/yr and profit at 2%/yr. Book value has grown 8%/yr. Return on equity is a weak 7.5%. In the latest quarter profit grew 62% versus the prior quarter.
At 36× earnings, the stock sits at the 40th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~14%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 28.95 | 16.07 | worse |
| P/B | 2.19 | 0.52 | worse |
| EV/EBITDA | 14.66 | 5.44 | worse |
| ROE | 7.55 | 13.48 | worse |
| ROCE | 10.48 | 15.21 | worse |
| ROA | 4.96 | 4.91 | better |
| Quick Ratio | 0.53 | 1.36 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Samvardhana Motherson Intl | 34.3 | 3.6 | 10.4% |
| Bosch | 63.4 | 10.1 | 15.8% |
| Uno Minda | 54.4 | 10.3 | 17.7% |
Revenue has grown every year across all 4 financial years shown. 6% CAGR — growing but slowly.
Revenue is outpacing profit (6% vs 1%) — costs are rising faster than the top line.
Operating margins have been stable around 7% — no major structural shift. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 6% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
1% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 2.8× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 17% sequentially — momentum is building. Run-rate stepping up — recent quarters average 19% above earlier ones.
Profit jumped 62% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (4% → 6%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 46.0% — dispersed ownership; institutional flows drive the stock. FII stake up 2.3pp over 4 quarters — growing foreign interest.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.