In this article, we will explore the future share price targets of Exide for the years 2025, 2026, 2028, 2030, 2040, and 2050. Additionally, we will discuss Exide’s fundamentals, market sentiment, financial performance, and quarterly reports to assist investors in making informed decisions.
About Exide
Exide Industries is a prominent name in the battery industry, established in 1947. The company specializes in producing batteries for automobiles, including cars and motorcycles, as well as for industrial applications. Known for its dependable and durable products, Exide is a trusted provider of power backup solutions for residential and commercial use.
Exide operates 10 state-of-the-art manufacturing facilities across five Indian states, with 8 units dedicated to lead-acid battery production and 2 focused on home UPS systems. It is the only battery manufacturer in India with multiple production units located in different regions. Additionally, Exide has subsidiaries in the United Kingdom, Singapore, and Sri Lanka, and its products are exported to over 60 countries across six continents.
Exide Fundamentals
| Description | Value |
|---|---|
| Company Name | Exide Industries ltd. |
| Sector | Automobile and Ancillary |
| Established | 1947 |
| Website | exideindustries.com |
| Listing At | BSE, NSE |
| BSE Code | 500086 |
| NSE Code | EXIDEIND |
| Mkt Cap | ₹33120Cr |
| Reserves and Surplus | ₹13052.24Cr |
| ROE | 7.05% |
| ROCE | 10.2% |
| 52 Week High | ₹620.35 |
| 52 Week Low | ₹290.35 |
| P/E Ratio (TTM) | 39.60 |
| Industry P/E | 33.72 |
| P/B Ratio | 2.40 |
| Face Value | 1 |
| Book Value Per Share | ₹162.65 |
| EPS (TTM) | ₹9.84 |
| Dividend Yield | 0.51% |
| Debt to Equity | 0.14 |
| Total Revenue | ₹16860Cr |
| Revenue Growth | 10.90% |
| Net Profit (Anual) | ₹882.82Cr |
| Profit Growth | 7.30% |
Returns in Past Year
| Year | Returns (%) |
|---|---|
| 2024 | 31.05% |
| 2023 | 76.34% |
| 2022 | 7.07% |
| 2021 | -11.97% |
| 2020 | 2.55% |
| 2019 | -30.40% |
| 2018 | 19.97% |
| 2017 | 24.01% |
| 2016 | 22.98% |
| 2015 | -17.63% |
| 2014 | 44.44% |
| 2013 | -14.75% |
| 2012 | 37.46% |
| 2011 | -37.06% |
| 2010 | 44.75% |
| 2009 | 139.96% |
| 2008 | -36.10% |
| 2007 | 111% |
| 2006 | 40.43% |
| 2005 | 59.62% |
| 2004 | 17.78% |
| 2003 | 2012.50% |
| 2002 | 51.05% |
| 2001 | -47.23% |
Exide Share Price Target 2025
Current market sentiment around Exide is bearish. The expected share price target for 2025 is estimated to be between ₹290 to ₹500.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹290 | ₹500 |
Exide Share Price Target 2026
According to market analysts, Exide’s share price in 2026 is projected to range between ₹370 to ₹590.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹370 | ₹590 |
Exide Share Price Target 2028
By 2028, the share price target for Exide is anticipated to be between ₹520 to ₹750, considering the company’s steady growth and expansion in defense contracts.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹520 | ₹750 |
Exide Share Price Target 2030
Based on the company’s historical performance and ongoing projects, Exide’s share price in 2030 is expected to be between ₹660 to ₹930.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹660 | ₹930 |
Exide Share Price Target 2040
Following the long-term trend, Exide’s share price in 2040 is likely to fall between ₹1260 to ₹1640.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹1260 | ₹1640 |
Exide Share Price Target 2050
Considering the consistent growth trajectory and the company’s prominent role in defense manufacturing, Exide’s share price target for 2050 is expected to range from ₹2100 to ₹2870.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹2100 | ₹2870 |
Exide Share Price Target: Export Opinion
Strengths
- Trusted Brand: Exide is a well-established brand in the battery market, with operations dating back to 1947.
- Low Debt: The company’s low debt-to-equity ratio of 0.14 minimizes financial risks.
- Profitability: Exide has demonstrated consistent profitability with steady growth over the years.
- Promoter Confidence: Promoters hold a 45.99% stake in the company, reflecting confidence in its long-term prospects.
- Healthy Margins: The company maintains stable operating profit margins.
- Strong Cash Flow: Positive cash flow from operations, amounting to ₹1,531 crore in 2024, underpins operational stability.
Risks
- Efficiency Concerns: Return on Equity (ROE) at 7.05% and Return on Capital Employed (ROCE) at 10.2% indicate scope for improvement.
- High Valuation: The Price-to-Earnings (P/E) ratio of 39.60 suggests that the stock is overvalued relative to its industry peers.
- Fluctuating Net Margins: Net profit margins have varied significantly, from 5.26% in 2024 to 33.89% in 2022, raising questions about consistency.
- Low Dividend Yield: With a yield of only 0.51%, the company may not appeal to investors seeking regular income.
- Stable Revenue: Recent quarters have shown stable revenue with limited short-term growth potential.
Exide Share Price History Chart
Exide Quarterly Income Report
| Description | Sep 24 | Jun 24 | Mar 24 | Dec23 |
| Revenue + | ₹4320Cr. | ₹4327Cr. | ₹4013Cr. | ₹3863Cr. |
| Expenses + | ₹3921Cr | ₹3953Cr. | ₹3631Cr. | ₹3542Cr. |
| EBITDA | ₹536.41Cr | ₹508.45Cr. | ₹519.58Cr. | ₹462.66Cr. |
| EBIT | ₹409.42Cr | ₹382.71Cr. | ₹394.76Cr. | ₹335.30Cr. |
| Net Profit | ₹297.77Cr | ₹279.57Cr. | ₹283.75Cr. | ₹240.27Cr. |
| Operating Profit Margin | 12.57% | 27.11% | 29.32% | 30.76% |
| Net Profit Margin | 23.81% | 11.79% | 12.96% | 12.05% |
| Earning Per Share | ₹3.50 | ₹3.29 | ₹3.34 | ₹2.83 |
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 |
Exide Annual Income Report
| Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|
| Total Revenue | ₹16860Cr | ₹15203Cr | ₹12851Cr | ₹10422Cr |
| Total Expenses | ₹15629Cr | ₹14065Cr | ₹11890Cr | ₹9423Cr |
| Profit/Loss | ₹882.82Cr | ₹822.77Cr | ₹694.31Cr | ₹733.43Cr |
| Net Profit Margin | 5.26% | 5.46% | 33.89% | 7.75% |
| Earning Per Share | ₹10.31 | ₹9.68 | ₹51.38 | ₹9.53 |
| EBITDA | ₹1908 | ₹1713 | ₹1461 | ₹1424 |
| EBIT | ₹1347 | ₹1211 | ₹1022 | ₹1031 |
| Operating Profit Margin | 11.40% | 11.40% | 11.27% | 14.46% |
| Dividends Per share | 2 | 2 | 2 | 2 |
Exide Cash Flow
| Particulars | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Opening Cash Balance | ₹131.78Cr. | ₹189.11Cr. | ₹342.43Cr. | ₹331.47Cr. |
| Cash Flow From Operating Activities | ₹1531Cr | ₹768.24Cr. | ₹61.25Cr. | ₹2263Cr. |
| Cash Flow From Investing Activities | ₹-1458Cr | ₹-798.82Cr. | ₹66.33Cr. | ₹-2082Cr. |
| Cash Flow From Financing Activities | ₹-109.83Cr | ₹-30.10Cr. | ₹-172.32Cr. | ₹-169.98Cr. |
| Closing Cash Balance | ₹314.75Cr | ₹128.43Cr. | ₹297.69Cr. | ₹342.43Cr. |
| Net Change In Cash | ₹182.97 | ₹-60.68 | ₹44.74 | ₹10.96 |
Exide Share Price Target 2025, 2026, 2028, 2030, 2040 to 2050
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹290 | ₹500 |
| 2026 | ₹370 | ₹590 |
| 2028 | ₹520 | ₹750 |
| 2030 | ₹660 | ₹930 |
| 2040 | ₹1260 | ₹1640 |
| 2050 | ₹2100 | ₹2870 |
Exide Shareholding Pattern
| Shareholder | Share % |
|---|---|
| Promoter | 45.99% |
| Other Domestic Institutions | 5.27% |
| Retail and Others | 24.64% |
| Foreign Institutions | 11.72% |
| Mutual Funds | 12.37% |
| Total | 100.00% |
How to Buy Exide Shares?
Buying and selling of Exide can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- groww
- Zerodha
- Angel One
- upstox
Exide Similar Stocks
| Company Name | Mkt Cap | Profit (1Year) | 52W L | 52W H |
|---|---|---|---|---|
| Kaynes Technology India | ₹39.80KCr. | 124.99% | ₹2424 | ₹7822 |
| Hindustan Aeronautics | ₹2.56LCr. | 22.77% | ₹2820 | ₹5674.75 |
| Boeing Co | ₹12.70 KCr. | 15.74% | ₹137.03 | ₹217.59 |
| Airbus SE | ₹12.38KCr | 6.05% | ₹124.72 | ₹172.78 |
| Bharat Dynamics | ₹42.29 KCr | 31% | ₹776.05 | ₹1794.70 |
| Apollo Micro Systems | ₹3.94 KCr. | 4.75% | ₹87.99 | ₹147.55 |
| Bharat Electronics | ₹1.97 KCr | 43.07% | ₹171.70 | ₹340.35 |
Profitable Stocks
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| Adani ports | ₹3.11 LCr | 94.78% | ₹703.00 | ₹1,457.05 |
| Adani Enterprises | ₹3.89 LCr | 40.35% | ₹2142.00 | ₹3457.85 |
| Suzlon Energy | ₹90.75 KCr | 85.69% | ₹33.90 | ₹86.04 |
| Tata Power Company | ₹1.44 LCr | 101.76% | ₹215.70 | ₹464.20 |
| Adani Power | ₹2.92 LCr | 192.93% | ₹231.00 | ₹797.00 |
| Havells India | ₹1.20 LCr | 41.69% | ₹1232.85 | ₹1950.05 |
| Tata Motors | ₹3.57 LCr | 72.86% | ₹557.70 | ₹1065.60 |
| Tata Power | ₹1.44 LCr | 75.52% | ₹230.80 | ₹494.85 |
Conclusion
Exide Industries boasts strong fundamentals, characterized by low debt levels and steady revenue growth. However, concerns about its efficiency metrics and relatively high valuation present challenges. The modest dividend yield may not attract income-focused investors. Potential investors should carefully assess the company’s long-term sustainability against the possibility of limited immediate returns.
Disclaimer: The information provided here is for general informational purposes only and should not be considered as financial advice. Before making any investment, it is advisable to consult with a certified financial advisor. The author is not responsible for any investment decisions made based on this article.
FAQs
Q1. What is the Exide share price target for 2025?
Ans: The expected share price target for Exide in 2025 is between ₹290 to ₹500.
Q2. What is the Exide share price target for 2030?
Ans: Exide’s share price target for 2030 is projected to be between ₹660 to ₹930.
Q3. What is the Exide share price target for 2040?
Ans: The share price target for Exide in 2040 is expected to be between ₹1260 to ₹1640.
Q4. What is the Exide share price target for 2050?
Ans: Exide’s share price target for 2050 is likely to range between ₹2100 to ₹2870.
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