Skip to content
Intrinsic value · Buy/Sell verdict · scores — free· 1049 Indian stocks· EOD 2026-07-29

Exide Industries Limited

EXIDEINDNSEConsumer Cyclical
₹435.65
+12.25 (+2.89%)
Hold

Momentum (89/100) does the heavy lifting; valuation (19/100) is the drag.

Fair valueOvervalued
The bottom line

StocksWizard rates Exide Industries Limited a Hold, scoring 45/100 on our blended model. At ₹435.65 it trades above our blended DCF and relative-multiples fair value of ₹302.04, about 31% downside to that estimate — we read it as overvalued by 31%. On 39.8x trailing earnings it sits pricier than the Consumer Cyclical median of about 27.7x. It's trading right at its 52-week high of ₹447.85. Financial health scores 89/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 6/9. The average analyst target of ₹369.93 implies about 15% downside across 15 analysts. It clears 6 of 13 investability checks, with durability 42, valuation 38 and momentum 89 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
₹302.04down 30.67%
Overvalued by 31%
Price ₹435.65Range ₹217.83₹351.57
DCF + relative blendhigh confidence

With a 20% margin of safety, our buy-below price is ₹241.63.

Analyst views

15 analysts7 buy · 2 hold · 6 sell
12-month consensus target₹369.93down 15.08%

1-year price

EOD · 2026-07-29
1D
up 2.89%
1W
down 2.72%
1M
up 12.94%
3M
up 21.41%
6M
up 35.42%
1Y

52-week range

-2.72% from the 52-week high.

Trend check
Above 50-DMA₹401Above 200-DMA₹361

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

Verdict pillars

Hold45
A
Financial health 89/100
Altman Z 4.56 · Safe zone

Piotroski F-score 6/9 — quality of earnings & balance sheet.

Our scores

Durability42
Valuation38
Momentum89

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

Investability checklist

Passed 6 of 13 checks
Each check screens one fundamentals, valuation or trend signal.
  • Fail: ROE above 15%: 6.2%
  • Pass: Low debt (D/E < 0.5): 0.11x
  • Pass: Positive free cash flow
  • Fail: Revenue growth > 10%: 9%
  • Pass: Earnings growing: 15%
  • Fail: Net margin ≥ 10%: 4.7%
  • Fail: Current ratio > 1.5: 1.22
  • Fail: Below our fair value
  • Fail: Margin of safety ≥ 20%
  • Pass: Above 200-day average
  • Pass: Above 50-day average
  • No data: Positive 1-year return
  • Pass: Altman Z in safe zone: Z 4.56
  • Fail: Piotroski ≥ 7: 6/9

Quarterly results

Revenue · 1Q2026
₹4,551 Cr
Net profit
₹312 Cr
Margin
7%
2Q2025
3Q2025
4Q2025
1Q2026
Revenue Net profitLatest revenue QoQ +13%

Annual financials

Revenue · 2026
₹17,269 Cr
Net profit
₹1,118 Cr
Margin
6%
2023
2024
2025
2026
Revenue Net profitLatest revenue YoY +4%

Shareholding

  • Promoter50.9%
  • Institutions24.4%
  • Public & other24.7%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹33,958 Cr
P/E ratio
39.8
P/B ratio
2.44
EPS (TTM)
₹10.04
ROE
6.2%
Debt / Equity
0.11x
Profit margin
4.7%
Free cash flow
₹1,212 Cr
52-week high
₹447.85
-2.72% from high
52-week low
₹286.53
Dividend yield
0.5%
Beta
0.58
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Lightly leveraged balance sheet.
  • Trading near its 52-week high.
  • Financially solid — Altman Z 4.56.

Bear case

Weaknesses

  • Low return on equity (6.2%).

Threats

  • Trades ~31% above our estimated fair value.

About Exide Industries Limited

Exide Industries manufactures and sells lead acid batteries, including automotive, infrastructure, genset, solar, inverter, UPS, and submarine variants, alongside home UPS systems and e-rickshaw vehicles in India and internationally. The company also produces recycled lead and lead alloys, lithium-ion batteries, and related power backup solutions.

Exide Industries Limited — frequently asked questions

Is Exide Industries Limited a buy, hold or sell?

StocksWizard currently rates Exide Industries Limited (EXIDEIND) a Hold, based on a blended score of 45/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Exide Industries Limited's fair value?

Our blended DCF and relative-valuation model estimates Exide Industries Limited's fair value at about ₹302.04, versus a current price of ₹435.65 — roughly 31% downside. On that basis the stock looks overvalued by 31%.

Is Exide Industries Limited financially healthy?

Exide Industries Limited scores 89/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 6/9.

How has Exide Industries Limited's share price performed?

Exide Industries Limited is up 21% over three months, and last traded at ₹435.65. 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.