Exide Industries
- Market cap
- ₹ 28,224 Cr.
- P/E
- 32x
- P/B
- 2.1x
- 52-week range
- 287 – 496.4
- ROE
- 6%
- ROCE
- 9%
- Dividend yield
- 0.6%
- Debt / equity
- 0.11
- Sector
- Auto Components
- Industry
- Auto Components & Equipments
- Listed on
- NSE, BSE
About
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 equipment, transport equipment. The Company’s products include automotive batteries, institutional ups batteries, inverter batteries, solar solutions, integrated power back-up systems, home ups systems, industrial batteries, genset batteries, e-rickshaw vehicles, and submarine batteries. Its automotive battery products include four-wheeler batteries, three-wheeler batteries, two-wheeler batteries and Exide e-ride batteries. Its products are used by automotive vehicles, uninterruptible power supplies (UPS) and inverters, automotive original equipment manufacturer (OEMs), industrial OEMs, institutional customers, government /non-government entities, Indian Navy, export dealers and distributors.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Auto Components & Equipments: 155 companies →Exide Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)32 against a typical 26.4: pricier than most peers (1st = cheapest).92nd of 153
- Sales growth+17.7% against a typical +20.7% from a year earlier.86th of 142
- Profit growth+27.6% against a typical +15.3% from a year earlier.56th of 127
- Share price, 3 months−18.8% against a typical −4.4%.125th of 142
- Size₹ 28,224.3 Cr. market value against a typical ₹ 728 Cr. (1st = largest).9th of 138
Latest announcements
Exchange filings and their impact on the company.
- Exide put another Rs 150 cr into its battery subsidiary, taking total to Rs 5,352 cr, with no near-term earnings uplift.
Exide Industries invested Rs 150 crore on 27 October 2026 in its wholly owned subsidiary Exide Energy Solutions on a rights basis. Total investment in the lithium-ion battery subsidiary now stands at Rs 5,352.23 crore, with no change in shareholding. The funds support the ongoing gigafactory build-out with no immediate revenue contribution.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AAA | Stable | 11 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 11 Jun 2026 | Reaffirmed | [ICRA]AAA | — | ICRA | ₹ 2,050 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 4 Nov 2026Upcoming | Financial Results | To consider and approve the unaudited financial results for the quarter and half year ending 30th September 2026. |
| 30 Jul 2026 | Financial Results | To consider and approve unaudited financial results of the Company for the period ending 30th June 2026. |
| 4 May 2026 | Financial Results/Dividend | To consider and approve the audited financial results for the period ended March 31, 2026 and recommendation of final dividend, if any, on the equity shares for FY 2025-26. |
| 30 Jan 2026 | Financial Results | To consider and approve the unaudited financial results for the quarter and nine months ending December 31, 2025 |
| 14 Nov 2025 | Financial Results | EXIDEIND : 14-Nov-2025 : The Company has informed the Exchange that the Board meeting scheduled to be held on October 30, 2025 was postponed. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will now be held on November 14, 2025, to consider and approve the unaudited financial results for the period ended September 30, 2025 |
| 30 Oct 2025 | Financial Results | To consider and approve the unaudited financial results for the period ended September 30, 2025 |
| 24 Sep 2025 | Financial Results | To consider and approve the unaudited financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,372 | 3,980 | 4,173 | 4,436 | 4,450 | 4,017 | 4,335 | 4,695 | 4,365 | 4,201 | 4,735 | 5,528 |
| Expenses | 3,872 | 3,548 | 3,725 | 3,963 | 3,978 | 3,592 | 3,907 | 4,157 | 3,973 | 3,748 | 4,247 | 4,907 |
| Operating Profit | 499 | 432 | 448 | 473 | 472 | 425 | 428 | 538 | 391 | 452 | 488 | 621 |
| OPM % | 11% | 11% | 11% | 11% | 11% | 11% | 10% | 11% | 9% | 11% | 10% | 11% |
| Other Income | 38 | 25 | 5 | 16 | 40 | 13 | 44 | 28 | 54 | 5 | 4 | 27 |
| Interest | 30 | 32 | 31 | 30 | 34 | 54 | 35 | 32 | 40 | 25 | 27 | 20 |
| Depreciation | 141 | 145 | 142 | 144 | 146 | 145 | 148 | 149 | 152 | 149 | 138 | 142 |
| Profit before tax | 366 | 281 | 281 | 316 | 332 | 238 | 290 | 385 | 253 | 283 | 327 | 487 |
| Tax % | 26% | 28% | 34% | 30% | 30% | 33% | 35% | 29% | 31% | 31% | 34% | 28% |
| Net Profit | 270 | 203 | 186 | 221 | 233 | 158 | 188 | 275 | 174 | 195 | 217 | 351 |
| EPS in Rs | 3.17 | 2.36 | 2.17 | 2.59 | 2.72 | 1.84 | 2.2 | 3.21 | 2.02 | 2.28 | 2.53 | 4.12 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 7%
- 5 Years
- 12%
- 3 Years
- 6%
- TTM
- 8%
- 10 Years
- 2%
- 5 Years
- 1%
- 3 Years
- 2%
- TTM
- 11%
- 10 Years
- 10%
- 5 Years
- 23%
- 3 Years
- 20%
- TTM
- —
- 10 Years
- 13%
- 5 Years
- 13%
- 3 Years
- 6%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Exide Industries | ₹ 353.60 | ₹ 28,224 Cr. | 32x | 2.1x | 6% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Management
- Amol Mehra
- President & Chief Procurement Officer
- Avik Kumar Roy
- Chief Executive Officer, Managing Director, Executive Director
- Manoj Kumar Agarwal
- Chief Financial Officer, Director Finance, Additional Director
- Prabal Bose
- Senior President and Head of Institutional Business Vertical
- Indranil Chatterjee
- Executive Vice President & Head - Operations
- Rajeev Ramesh Chand Khandelwal
- Whole-time director
- Pravin Ramchand Saraf
- Whole-Time Director, Senior President and Head - Operations
- Jitendra Mohanlal Kumar
- Company Secretary, President of Legal and Corporate Affairs
Prices are delayed and for information only. Nothing on this page is investment advice.