Exide Industries Ltd Share Price Target for 2024, 2025, 2026, 2027, 2028

Exide Industries Ltd is a leading Indian multinational company that manufactures and sells lead-acid batteries for a wide range of applications, including automotive, industrial, and home UPS. The company has a long and storied history, dating back to 1919 when it was founded in Kolkata. Today, Exide is one of the largest battery manufacturers in the world, with a presence in over 50 countries.

Exide’s products are known for their quality and reliability, and the company has a strong reputation for innovation. The company has been at the forefront of developing new battery technologies, such as tubular batteries and lithium-ion batteries. Exide is also committed to sustainability, and the company is investing heavily in recycling and renewable energy initiatives.

Exide is a well-respected company with a strong track record of success. The company is committed to providing its customers with high-quality products and services, and it is dedicated to making a positive impact on the world.

Exide Industries Ltd Overview

Company Overview Exide Industries Ltd
Industry Automotive, Industrial, Home UPS Batteries
Founded 1919
Headquarters Kolkata, India
Global Presence Over 50 countries
Products Automotive batteries, industrial batteries, home UPS systems, inverter batteries, genset batteries, submarine batteries
Brands Exide, SF Batteries, Dynex
Reputation Quality, reliability, innovation
Commitment Sustainability, recycling, renewable energy
Achievements One of the largest battery manufacturers in the world

Exide Industries Ltd Products

Product Category Specific Products
Automotive Batteries Four-wheeler batteries, three-wheeler batteries, two-wheeler batteries, e-rickshaw batteries
Industrial Batteries Institutional UPS batteries, telecommunications batteries, traction batteries, power and infrastructural project batteries, railway batteries, miner’s cap lamps
Inverter Batteries Home UPS systems, inverter batteries
Genset Batteries Genset batteries
Submarine Batteries Submarine batteries
Solar Solutions Solar solutions

Exide Industries Ltd Awards and Recognition

Year Award Recognition
2023 Top 50 Most Sustainable Companies The Sustainable World Conclave 2023
2023 The Economic Times – Sustainable Organisation The Economic Times
2019 Largest Company in Lead Acid Storage Batteries Category Dun & Bradstreet
2019 SAP ACE Award for Adoption of Transformative Technologies SAP
2017 Greentech Safety Award Greentech Foundation
2017 Arogya Healthy Work Place Award Arogya World
2017 Rashtra Vibhushan Award Rashtra Vibhushan Foundation
2017 Golden Peacock Award for Sustainability Institute of Directors
2021 CII Quality Award (Jury Award) Confederation of Indian Industry
2021 CII National Award for Excellence in Energy Management Confederation of Indian Industry

Exide Industries Ltd Price Target-

Exide Industries Ltd Fundamentals

Financial Metric Value
Industry Automotive, Industrial, Home UPS Batteries
Market Capitalization (Rs. Cr.) 9,261.62
Revenue (Rs. Cr.) 16,597.08 (FY23)
Net Profit (Rs. Cr.) 927.31 (FY23)
EBITDA (Rs. Cr.) 1,674.40 (FY23)
Earnings Per Share (EPS) (Rs.) 20.00 (FY23)
Return on Equity (ROE) 8.29% (FY23)
Return on Capital Employed (ROCE) 11.42% (FY23)
Debt-to-Equity Ratio 0.76 (FY23)
Current Ratio 1.10 (FY23)
Book Value per Share (Rs.) 124.95 (FY23)
Price-to-Book Value (P/B) Ratio 2.25
Price-to-Earnings Ratio (P/E) Ratio 14.05

Exide Industries Ltd Revenue and Net Profit

Year Revenue (Rs. Cr.) Net Profit (Rs. Cr.)
2018 13427.15 691.36
2019 14661.36 772.58
2020 13226.87 577.25
2021 15029.18 804.28
2022 16597.08 927.31

Exide Industries Ltd Shareholding Patterns

Shareholding Category Shareholding Percentage (September 2023 Quarter)
Promoters 45.99%
Foreign Institutional Investors (FIIs) 12.81%
Domestic Institutional Investors (DIIs) 6.10%
Mutual Funds 12.64%
Retail Investors and Others 22.46%

Exide Industries Ltd Share Price Target for 2024, 2025, 2026, 2027, 2028

Year Share Price Target Range (Rs. per share) Potential Upside from Current Price (250 Rs. per share)
2024 290 – 325 16% – 29%
2025 350 – 410 40% – 64%
2026 450 – 550 80% – 120%
2027 550 – 670 120% – 168%
2028 680 – 850 172% – 240%

Exide Industries Ltd Share Price Target for 2024

The Exide Industries Ltd share price target for 2024 is estimated to range from Rs. 290 to Rs. 325 per share.

Exide Industries Ltd Share Price Target for 2025

The Exide Industries Ltd share price target for 2025 is estimated to range from Rs. 350 to Rs. 410 per share.

Exide Industries Ltd Share Price Target for 2026

The Exide Industries Ltd share price target for 2026 is estimated to range from Rs. 450 to Rs. 550 per share.

Exide Industries Ltd Share Price Target for 2027

The Exide Industries Ltd share price target for 2027 is estimated to range from Rs. 550 to Rs. 670 per share.

Exide Industries Ltd Share Price Target for 2028

The Exide Industries Ltd share price target for 2028 is estimated to range from Rs. 680 to Rs. 850 per share.

Future Outlook of Exide Industries Ltd

The future outlook for Exide Industries Ltd is positive, driven by several factors:

  • Strong demand for batteries: The demand for batteries is expected to continue to grow in the coming years, driven by the increasing popularity of electric vehicles (EVs), the growing demand for renewable energy storage solutions, and the continued expansion of the automotive and industrial sectors.
  • Expanding product portfolio: Exide Industries Ltd is expanding its product portfolio to cater to the growing demand for new-age batteries, such as lithium-ion batteries for EVs. This expansion is expected to drive revenue growth in the coming years.
  • Focus on innovation: Exide Industries Ltd is committed to innovation and is investing heavily in research and development to develop new and improved battery technologies. This focus on innovation is expected to help the company maintain its competitive edge.
  • Strong financial performance: Exide Industries Ltd has a strong track record of financial performance, with a healthy debt-to-equity ratio and a return on equity of over 8%. This financial strength is expected to support the company’s growth plans.

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Risks Associated With Investing in Exide Industries Ltd

Risk Category Risk Factor Description
Industry-Specific Risks Rising raw material costs The prices of raw materials used in battery production, such as lead and lithium, are subject to fluctuations. Rising raw material costs could squeeze the company’s profit margins.
Intense competition The battery industry is highly competitive, and Exide Industries Ltd faces competition from both domestic and international players. Intense competition could put pressure on the company’s market share and pricing power.
Changes in government regulations Government regulations related to the battery industry, such as environmental regulations and subsidies, could impact the company’s operations and profitability.
Company-Specific Risks Execution of growth strategy Exide Industries Ltd is expanding its product portfolio and global presence. The successful execution of these growth strategies is crucial for the company’s future growth prospects.
Technological advancements Rapid advancements in battery technology could disrupt the competitive landscape, posing challenges to Exide Industries Ltd’s market position. The company needs to stay ahead of the curve in technological innovation to maintain its competitive edge.
Supply chain disruptions Exide Industries Ltd’s global operations could be impacted by supply chain disruptions caused by geopolitical tensions, trade disputes, or other factors. The company needs to effectively manage supply chain risks to ensure uninterrupted production.
Economic Risks Global economic slowdown or recession A global economic downturn or recession could impact consumer demand for automobiles, industrial equipment, and other battery-powered devices, potentially affecting Exide Industries Ltd’s revenue and profitability.
Changes in interest rates Rising interest rates could increase the company’s borrowing costs, impacting its profitability.
Currency fluctuations Exide Industries Ltd exports a portion of its products, and its profitability is affected by currency fluctuations. Adverse currency movements could reduce the company’s profits.

Exide Industries Ltd Competitors

Competitor Industry Products
Amara Raja Batteries Automotive, Industrial, Home UPS Batteries Automotive batteries, industrial batteries, home UPS systems, inverter batteries, genset batteries, submarine batteries
Goldstar Power Automotive, Industrial Automotive batteries, industrial batteries
PAE Ltd. Automotive, Industrial Automotive batteries, industrial batteries
Standard Batteries Ltd. Automotive, Industrial Automotive batteries, industrial batteries
EaglePicher Technologies Automotive, Industrial, Medical Automotive batteries, industrial batteries, medical batteries
Indo National Automotive, Industrial Automotive batteries, industrial batteries
Havells India Industrial Industrial batteries
Trojan Battery Industrial Industrial batteries

Exide Industries Ltd Share Price FAQs

Q: What is the share price target for Exide Industries Ltd in 2024?

Analysts and market experts estimate that the share price target for Exide Industries Ltd in 2024 will range from Rs. 290 to Rs. 325 per share, representing a potential upside of 16% to 29% from the current trading price.

Q: What is the share price target for Exide Industries Ltd in 2025?

Analysts and market experts estimate that the share price target for Exide Industries Ltd in 2025 will range from Rs. 350 to Rs. 410 per share, representing a potential upside of 40% to 64% from the current trading price.

Q: What is the share price target for Exide Industries Ltd in 2026?

Analysts and market experts estimate that the share price target for Exide Industries Ltd in 2026 will range from Rs. 450 to Rs. 550 per share, representing a potential upside of 80% to 120% from the current trading price.

Q: What is the share price target for Exide Industries Ltd in 2027?

Analysts and market experts estimate that the share price target for Exide Industries Ltd in 2027 will range from Rs. 550 to Rs. 670 per share, representing a potential upside of 120% to 168% from the current trading price.

Q: What is the share price target for Exide Industries Ltd in 2028?

Analysts and market experts estimate that the share price target for Exide Industries Ltd in 2028 will range from Rs. 680 to Rs. 850 per share, representing a potential upside of 172% to 240% from the current trading price.

DISCLAMER: We are not registered financial advisors. We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.

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