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Intrinsic value · Buy/Sell verdict · scores — free· 1049 Indian stocks· EOD 2026-07-31

Eveready Industries India Limited

EVEREADYNSEIndustrials
₹342.85
-1.40 (-0.41%)
Buy

Valuation (81/100) does the heavy lifting; momentum (48/100) is the drag.

Buy zone
The bottom line

Our blended model reads Eveready Industries India Limited as a Buy at 70/100. At ₹342.85 it trades below our blended DCF and relative-multiples fair value of ₹465.82, about 36% upside to that estimate — we read it as undervalued by 36%. On 14.9x trailing earnings it sits cheaper than the Industrials median of about 29.0x. The price is about 27% below its 52-week high of ₹468.05 and 31% above the low of ₹262.65. Financial health scores 78/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9. It clears 9 of 13 investability checks, with durability 67, valuation 61 and momentum 48 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹465.82up 35.87%
Undervalued by 36%
Price ₹342.85Range ₹214.77₹673.52
DCF + relative blendhigh confidence

With a 20% margin of safety, our buy-below price is ₹372.66.

1-year price

EOD · 2026-07-31
1D
down 0.41%
1W
down 3.96%
1M
down 8.03%
3M
up 8.02%
6M
up 3.99%
1Y

52-week range

-26.75% from the 52-week high.

Trend check
Below 50-DMA₹347Above 200-DMA₹333

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Buy70
B
Financial health 78/100
Altman Z 4.11 · Safe zone

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

Our scores

Durability67
Valuation61
Momentum48

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

Investability checklist

Passed 9 of 13 checks
Each check screens one fundamentals, valuation or trend signal.
  • Pass: ROE above 15%: 31.6%
  • Pass: Low debt (D/E < 0.5): 0.32x
  • Pass: Positive free cash flow
  • Fail: Revenue growth > 10%: 9%
  • Pass: Earnings growing: 1265%
  • Pass: Net margin ≥ 10%: 11.8%
  • Fail: Current ratio > 1.5: 1.32
  • Pass: Below our fair value
  • Pass: Margin of safety ≥ 20%
  • Pass: Above 200-day average
  • Fail: Above 50-day average
  • No data: Positive 1-year return
  • Pass: Altman Z in safe zone: Z 4.11
  • Fail: Piotroski ≥ 7: 4/9

Quarterly results

Revenue · 3Q2020
₹373 Cr
Net profit
₹57 Cr
Margin
15%
3Q2018
3Q2020
Revenue Net profitLatest revenue QoQ -3%

Shareholding

  • Promoter63.9%
  • Institutions3.2%
  • Public & other32.9%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹2,595 Cr
P/E ratio
14.9
P/B ratio
4.17
EPS (TTM)
₹23.92
ROE
31.6%
Debt / Equity
0.32x
Profit margin
11.8%
Free cash flow
₹12 Cr
52-week high
₹468.05
-26.75% from high
52-week low
₹262.65
Dividend yield
0.7%
Beta
0.39
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Strong return on equity (31.6%).
  • Lightly leveraged balance sheet.
  • Financially solid — Altman Z 4.11.

Opportunities

  • Earnings growing (1265% YoY).
  • Trading in our value buy zone versus sector peers.
  • Trades ~36% below our estimated fair value.

About Eveready Industries India Limited

Eveready Industries India Limited manufactures and sells batteries, torches, and lighting products across India and internationally. Its battery offerings include zinc carbon, alkaline, coin cell, and rechargeable variants with chargers. The company also produces torches in plastic, brass, and aluminum, along with portable lanterns and consumer lighting products including LED bulbs, battens, emergency lights, and panels.

Eveready Industries India Limited — frequently asked questions

Is Eveready Industries India Limited a buy, hold or sell?

StocksWizard currently rates Eveready Industries India Limited (EVEREADY) a Buy, based on a blended score of 70/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Eveready Industries India Limited's fair value?

Our blended DCF and relative-valuation model estimates Eveready Industries India Limited's fair value at about ₹465.82, versus a current price of ₹342.85 — roughly 36% upside. On that basis the stock looks undervalued by 36%.

Is Eveready Industries India Limited financially healthy?

Eveready Industries India Limited scores 78/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9.

How has Eveready Industries India Limited's share price performed?

Eveready Industries India Limited is up 8% over three months, and last traded at ₹342.85. Past performance doesn't predict future returns.

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.