Eveready Industries India Ltd
About
Eveready Industries, established in 1934, is widely recognised for its dry cell batteries segment. However, the company offers a diverse portfolio of household products that includes flashlights, consumer lighting, professional lighting, electrical accessories, and batteries. Currently selling over 20 million flashlights annually, Eveready holds a share of over 65% of the organised flashlight market in India. Its “Give Me Red” campaign was a trailblazer in capturing the youth market. Eveready has 6 manufacturing facilities across the country that focus on quality, environmentally conscious practices, and technology. The company has more than 4 million outlets offering its products and 1,000 distribution points through which it has reached out to more than 20,000 villages all over India.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1315 -2.8% | 1353 12.6% | 1201 -4.7% | 1260 -10.6% | 1410 -6.0% | 1499 1.0% | 1484 4.7% | 1418 7.8% | 1316 1.7% | 1293 8.9% | 1188 13.9% | 1043 -7.7% | 1131 7.2% | 1055 -16.6% | 1264 51.6% | 834 - |
| Net Operating Income (INR Cr) | 1314 -1.01% | 1328 10.02% | 1207 -3.38% | 1249 2.28% | 1221 -18.95% | 1507 3.45% | 1456 7.30% | 1357 2.54% | 1324 3.50% | 1279 10.88% | 1153 11.41% | 1035 -5.88% | 1100 2.44% | 1074 -2.60% | 1103 0.00% | 864 1.94% |
| Profit (INR Cr) | 67 141.8% | 28 -40.6% | 46 - | -312 - | 178 272.8% | 48 -10.0% | 53 -43.2% | 94 35.5% | 69 41.1% | 49 260.0% | 14 167.5% | 5 - | -88 - | -14 - | 127 555.8% | 19 - |
| Assets (INR Cr) | 706 -2.7% | 725 4.4% | 695 -1.1% | 702 -26.8% | 959 20.9% | 794 28.6% | 617 19.6% | 516 24.0% | 416 -51.7% | 862 4.1% | 828 -4.8% | 870 -3.7% | 903 -7.5% | 977 -1.0% | 987 17.0% | 844 - |
| Net Worth (INR Cr) | 387 21.1% | 319 10.1% | 290 18.4% | 245 -55.9% | 556 47.8% | 376 9.7% | 343 18.4% | 290 40.3% | 206 -67.0% | 625 5.3% | 593 1.6% | 584 16.8% | 500 -14.5% | 585 -3.3% | 605 0.0% | 486 4.2% |
| Employee Cost (INR Cr) | 160 9.4% | 147 -1.2% | 148 4.1% | 143 -4.4% | 149 -4.9% | 157 -6.5% | 168 16.3% | 144 10.9% | 130 14.7% | 113 13.5% | 100 11.0% | 90 -21.4% | 115 -14.9% | 135 26.7% | 106 40.2% | 76 - |
| Interest Cost (INR Cr) | 32 | 57 | 48 | 52 | 71 | 55 | 29 | 24 | 31 | 34 | 41 | 40 | 38 | 35 | 35 | 42 |
| Cash & Bank Balance (INR Cr) | 8 | 7 | 53 | 87 | 11 | 7 | 6 | 6 | 7 | 7 | 1 | 5 | 7 | 15 | 25 | 12 |
| Total Debt (INR Cr) | 307 | 398 | 396 | 447 | 394 | 408 | 264 | 216 | 200 | 228 | 225 | 276 | 372 | 343 | 340 | 289 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 5.1% | 2.0% | 3.9% | - | 12.7% | 3.2% | 3.6% | 6.6% | 5.3% | 3.8% | 1.1% | 0.5% | - | - | 10.1% | 2.3% |
| Profit As % Of Assets | 9.5% | 3.8% | 6.7% | - | 18.6% | 6.0% | 8.6% | 18.1% | 16.6% | 5.7% | 1.6% | 0.6% | - | - | 12.9% | 2.3% |
| Profit As % Of Networth | 17.3% | 8.7% | 16.0% | - | 32.1% | 12.7% | 15.5% | 32.3% | 33.5% | 7.8% | 2.3% | 0.9% | - | - | 21.0% | 4.0% |
| Interest Cost to EBITDA % | 23.0% | 51.5% | 40.3% | - | 58.8% | 54.2% | 28.1% | 17.8% | 25.2% | 27.4% | 45.3% | 61.9% | - | 68.5% | 36.6% | 52.8% |
| Debt to Equity Ratio | 0.79 | 1.25 | 1.36 | 1.83 | 0.71 | 1.09 | 0.77 | 0.75 | 0.97 | 0.36 | 0.38 | 0.47 | 0.74 | 0.59 | 0.56 | 0.59 |
| RONW | 18.7% | 8.4% | 16.2% | - | 10.8% | 17.0% | 15.9% | 28.5% | 14.5% | 7.8% | 1.4% | 1.0% | - | - | 7.2% | 4.1% |
| ROCE | 15.7% | 12.4% | 13.5% | 0.0% | 15.1% | 18.6% | 17.9% | 23.5% | 16.6% | 11.1% | 5.7% | 4.4% | 0.0% | 0.0% | 8.5% | 7.3% |