Shares of Exide Industries experienced a surge in trading activity, rising by 1.09% to reach Rs 380.40 in Tuesday's session. The stock is among the top gainers on Nifty Midcap 150, driven by high volume. Exide Industries is included as one of the stocks in the benchmark NIFTY MIDCAP 150 index.
Financial Performance
Here's a look at Exide Industries' financial performance based on consolidated results:
Quarterly Results
The following table summarizes the key quarterly financial figures:
| Heading | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 4,435.71 Crore | Rs 4,450.00 Crore | Rs 4,016.72 Crore | Rs 4,335.42 Crore | Rs 4,695.12 Crore |
| Net Profit | Rs 220.65 Crore | Rs 233.65 Crore | Rs 158.34 Crore | Rs 187.36 Crore | Rs 274.24 Crore |
| EPS | 2.59 | 2.72 | 1.84 | 2.20 | 3.21 |
The revenue for the quarter-ending June 2025 was Rs 4,695.12 Crore, compared to Rs 4,335.42 Crore for the quarter-ending March 2025. The net profit for the quarter-ending June 2025 was Rs 274.24 Crore, compared to Rs 187.36 Crore for the quarter-ending March 2025.
Annual Results
The following table summarizes the key annual financial figures:
| Heading | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 15,296.89 Crore | Rs 12,789.22 Crore | Rs 15,078.16 Crore | Rs 16,769.73 Crore | Rs 17,237.85 Crore |
| Net Profit | Rs 803.74 Crore | Rs 695.25 Crore | Rs 822.49 Crore | Rs 882.27 Crore | Rs 800.00 Crore |
| EPS | 9.53 | 51.38 | 9.68 | 10.31 | 9.35 |
| BVPS | 86.10 | 124.99 | 131.07 | 151.78 | 163.69 |
| ROE | 11.13 | 41.26 | 7.39 | 6.80 | 5.71 |
| Debt to Equity | 0.02 | 0.02 | 0.03 | 0.05 | 0.11 |
The annual revenue for 2025 was Rs 17,237.85 Crore, compared to Rs 16,769.73 Crore in 2024. Net profit for 2025 stood at Rs 800.00 Crore, slightly lower than the Rs 882.27 Crore recorded in 2024.
Income Statement
The following table presents the consolidated annual income statement:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Sales | Rs 17,237 Crore | Rs 16,769 Crore | Rs 15,078 Crore | Rs 12,789 Crore | Rs 15,296 Crore |
| Other Income | Rs 112 Crore | Rs 89 Crore | Rs 124 Crore | Rs 62 Crore | Rs 70 Crore |
| Total Income | Rs 17,350 Crore | Rs 16,859 Crore | Rs 15,202 Crore | Rs 12,851 Crore | Rs 15,367 Crore |
| Total Expenditure | Rs 16,022 Crore | Rs 15,513 Crore | Rs 13,991 Crore | Rs 11,828 Crore | Rs 14,150 Crore |
| EBIT | Rs 1,328 Crore | Rs 1,346 Crore | Rs 1,211 Crore | Rs 1,022 Crore | Rs 1,217 Crore |
| Interest | Rs 153 Crore | Rs 116 Crore | Rs 73 Crore | Rs 60 Crore | Rs 142 Crore |
| Tax | Rs 375 Crore | Rs 348 Crore | Rs 314 Crore | Rs 266 Crore | Rs 271 Crore |
| Net Profit | Rs 800 Crore | Rs 882 Crore | Rs 822 Crore | Rs 695 Crore | Rs 803 Crore |
The quarterly sales for June 2025 stood at Rs 4,695 Crore, while other income was Rs 27 Crore. Total expenditure amounted to Rs 4,305 Crore, resulting in a net profit of Rs 274 Crore.
Cash Flow
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Operating Activities | Rs 1,272 Crore | Rs 1,531 Crore | Rs 768 Crore | Rs 61 Crore | Rs 2,263 Crore |
| Investing Activities | Rs -1,933 Crore | Rs -1,458 Crore | Rs -798 Crore | Rs 66 Crore | Rs -2,080 Crore |
| Financing Activities | Rs 514 Crore | Rs 109 Crore | Rs -30 Crore | Rs -172 Crore | Rs -169 Crore |
| Others | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs -108 Crore | Rs -1 Crore |
| Net Cash Flow | Rs -146 Crore | Rs 182 Crore | Rs -60 Crore | Rs -153 Crore | Rs 10 Crore |
Balance Sheet
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Share Capital | Rs 85 Crore | Rs 85 Crore | Rs 85 Crore | Rs 85 Crore | Rs 85 Crore |
| Reserves & Surplus | Rs 13,828 Crore | Rs 12,801 Crore | Rs 11,047 Crore | Rs 10,498 Crore | Rs 7,187 Crore |
| Current Liabilities | Rs 5,880 Crore | Rs 4,447 Crore | Rs 3,024 Crore | Rs 2,817 Crore | Rs 4,804 Crore |
| Other Liabilities | Rs 1,602 Crore | Rs 816 Crore | Rs 611 Crore | Rs 509 Crore | Rs 16,610 Crore |
| Total Liabilities | Rs 21,396 Crore | Rs 18,150 Crore | Rs 14,767 Crore | Rs 13,910 Crore | Rs 28,687 Crore |
| Fixed Assets | Rs 7,532 Crore | Rs 5,159 Crore | Rs 4,164 Crore | Rs 3,655 Crore | Rs 3,719 Crore |
| Current Assets | Rs 7,204 Crore | Rs 6,251 Crore | Rs 5,690 Crore | Rs 5,121 Crore | Rs 6,255 Crore |
| Other Assets | Rs 6,659 Crore | Rs 6,739 Crore | Rs 4,912 Crore | Rs 5,133 Crore | Rs 18,712 Crore |
| Total Assets | Rs 21,396 Crore | Rs 18,150 Crore | Rs 14,767 Crore | Rs 13,910 Crore | Rs 28,687 Crore |
| Contingent Liabilities | Rs 994 Crore | Rs 2,487 Crore | Rs 812 Crore | Rs 665 Crore | Rs 1,239 Crore |
Key Financial Ratios
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Basic EPS (Rs.) | 9.35 | 10.31 | 9.68 | 51.38 | 9.53 |
| Diluted Eps (Rs.) | 9.35 | 10.31 | 9.68 | 51.38 | 9.53 |
| Book Value /Share (Rs.) | 163.69 | 151.78 | 131.07 | 124.99 | 86.10 |
| Dividend/Share (Rs.) | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Face Value | 1 | 1 | 1 | 1 | 1 |
| Gross Profit Margin (%) | 11.08 | 11.37 | 11.36 | 11.43 | 10.79 |
| Operating Margin (%) | 7.70 | 8.03 | 8.03 | 7.99 | 7.95 |
| Net Profit Margin (%) | 4.64 | 5.26 | 5.45 | 34.07 | 5.25 |
| Return on Networth / Equity (%) | 5.71 | 6.80 | 7.39 | 41.26 | 11.13 |
| ROCE (%) | 8.56 | 9.82 | 10.31 | 9.21 | 5.09 |
| Return On Assets (%) | 3.71 | 4.83 | 5.57 | 31.39 | 2.82 |
| Current Ratio (X) | 1.23 | 1.41 | 1.88 | 1.82 | 1.30 |
| Quick Ratio (X) | 0.45 | 0.54 | 0.75 | 0.80 | 0.75 |
| Debt to Equity (x) | 0.11 | 0.05 | 0.03 | 0.02 | 0.02 |
| Interest Coverage Ratios (X) | 12.49 | 16.44 | 23.20 | 23.99 | 8.56 |
| Asset Turnover Ratio (%) | 0.87 | 1.02 | 1.04 | 0.59 | 53.32 |
| Inventory Turnover Ratio (X) | 2.77 | 3.14 | 3.59 | 3.44 | 5.80 |
| 3 Yr CAGR Sales (%) | 16.10 | 4.70 | 2.08 | -6.79 | 9.28 |
| 3 Yr CAGR Net Profit (%) | 7.27 | 4.77 | 3.85 | -9.42 | 7.61 |
| P/E (x) | 38.55 | 29.54 | 18.38 | 2.94 | 19.27 |
| P/B (x) | 2.20 | 2.01 | 1.36 | 1.21 | 2.15 |
| EV/EBITDA (x) | 16.76 | 13.77 | 8.92 | 8.82 | 9.34 |
| P/S (x) | 1.78 | 1.54 | 1.00 | 1.00 | 1.02 |
Corporate Actions
Exide Industries has announced several corporate actions. The board meeting outcomes, unaudited financial results for the quarter ended June 30, 2025, and press releases are among the recent announcements made on August 5, 2025. The company announced a final dividend of Rs 2.00 per share on April 30, 2025, which was effective from July 18, 2025. The company had a stock split on June 16, 2006, where the old face value of Rs 10 was split into a new face value of Rs 1, effective from September 8, 2006.
Based on Moneycontrol analysis as of August 19, 2025, the sentiment for Exide Industries is very bearish.
With the stock currently trading at Rs 380.40, Exide Industries has shown a gain of 1.09% in today's session.
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