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Intrinsic value · Buy/Sell verdict · scores — free· 1088 Nifty 500 stocks· EOD 2026-06-16

Eveready Industries India Limited

EVEREADY · NSE · Industrials

₹345.85
-3.25 (-0.93%)
Our verdict
Buy74/100
Quality67
Valuation81
Momentum69
Financial trend79
Intrinsic value
Our fair value
₹472.47
Undervalued by 37%
Price ₹345.85Range ₹213.31₹686.74

With a 20% margin of safety, our buy-below price is ₹377.97.

B
Financial health 71/100
Altman Z 3.84 · Safe zone

Piotroski F-score 4/9 — quality of earnings & balance sheet.

Investability checklist

Passed 10 of 13 checks77/100
  • ROE above 15%31.6%
  • Low debt (D/E < 0.5)0.32x
  • Positive free cash flow
  • Revenue growth > 10%9%
  • Earnings growing1265%
  • Net margin ≥ 10%11.8%
  • Current ratio > 1.51.32
  • Below our fair value
  • Margin of safety ≥ 20%
  • Above 200-day average
  • Above 50-day average
  • Positive 1-year return
  • Altman Z in safe zoneZ 3.84
  • Piotroski ≥ 74/9

1-year price

EOD · 2026-06-16
1W
+7.8%
1M
+7.9%
3M
+13.1%
6M
+6.8%
1Y

Our scores

Durability67
Valuation62
Momentum69

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Quarterly results

1Q2018
₹350 Cr-5%
2Q2018
₹383 Cr5%
3Q2018
₹383 Cr6%
3Q2020
₹0 Cr
Revenue Net profit

Annual financials

2016
₹1,323 Cr4%
2017
₹1,421 Cr7%
2018
₹1,475 Cr4%
2022
₹1,207 Cr0%
Revenue Net profitRevenue 4-period change -9%

Shareholding

Promoter63.4%
Institutions3.2%
Public & other33.5%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹2,514 Cr
P/E ratio
14.7
P/B ratio
4.04
EPS (TTM)
₹23.6
ROE
31.6%
Debt / Equity
0.32x
Profit margin
11.8%
Free cash flow
₹12 Cr
52-week high
₹468.05
-26.11% from high
52-week low
₹262.65
Dividend yield
0.4%
Beta
0.42

SWOT snapshot

Strengths

  • Strong return on equity (31.6%).
  • Lightly leveraged balance sheet.
  • Financially solid — Altman Z 3.84.

Opportunities

  • Earnings growing (1265% YoY).
  • Trading in our value buy zone versus sector peers.
  • Trades ~37% below our estimated fair value.

About Eveready Industries India Limited

Eveready Industries India Limited manufactures and markets dry cell batteries, flashlights, and lighting and electrical products in India and internationally. The company offers zinc carbon, alkaline, coin cell, and rechargeable batteries, as well as chargers; and plastic light-emitting diode (LED), brass, aluminum, and rechargeable torches; and portable lanterns. It also provides consumer lighting products, such as LED bulbs, LED battens, emergency LEDs, LED panels, LED down

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Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.