Exide Industries Limited
Financial trend (56/100) does the heavy lifting; valuation (22/100) is the drag.
Fair valueOvervaluedStocksWizard rates Exide Industries Limited a Sell, scoring 39/100 on our blended model. At ₹412.65 it trades above our blended DCF and relative-multiples fair value of ₹302.17, about 27% downside to that estimate — we read it as overvalued by 27%. On 39.8x trailing earnings it sits pricier than the Consumer Cyclical median of about 27.7x. The price is about 16% below its 52-week high of ₹490.65 and 44% above the low of ₹286.53. 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 10% downside across 15 analysts. It clears 5 of 14 investability checks, with durability 42, valuation 38 and momentum 45 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.
With a 20% margin of safety, our buy-below price is ₹241.74.
Analyst views
1-year price
EOD · 2026-09-1252-week range
-15.90% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Sell39Piotroski F-score 6/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- 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
- Fail: Above 50-day average
- Fail: Positive 1-year return
- Pass: Altman Z in safe zone: Z 4.56
- Fail: Piotroski ≥ 7: 6/9
Quarterly results
Annual financials
Shareholding
- Promoter50.9%
- Institutions24.4%
- Public & other24.7%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Lightly leveraged balance sheet.
- Financially solid — Altman Z 4.56.
Bear case
Weaknesses
- Low return on equity (6.2%).
Threats
- Trades ~27% 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 Sell, based on a blended score of 39/100 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 ₹302.17, versus a current price of ₹412.65 — roughly 27% downside. On that basis the stock looks overvalued by 27%.
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 down 2% over the past year and up 7% over three months, and last traded at ₹412.65. Past performance doesn't predict future returns.
More in Consumer Cyclical
View allOur 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.