Exide Industries Ltd
About
Having started as an assembling and manufacturing unit in 1947, Exide Industries now provides various types of automotive and industrial solutions in 46 countries around the world. Its storage batteries fall under the range of 2.5 Ah to 20,600 Ah. It provides automotive batteries, inverter batteries, infrastructure batteries, solar solutions, and battery-powered e-rickshaws, among other things. The company has built 10 factories across Tamil Nadu, Uttarakhand, West Bengal, Maharashtra, and Haryana. Two of these are dedicated to home UPS systems (uninterrupted power supply), while seven others focus on manufacturing the various kinds of batteries. All together, Exide is capable of producing 8 million units of automobile batteries per annum and over 600 million ampere-hours of industrial power.
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) | 17161 10.6% | 15513 -7.6% | 16783 60.0% | 10491 -28.9% | 14752 -1.2% | 14926 14.4% | 13048 12.4% | 11605 24.0% | 9358 -5.7% | 9919 18.2% | 8394 26.8% | 6622 22.3% | 5414 7.2% | 5050 12.5% | 4490 18.3% | 3794 - |
| Net Operating Income (INR Cr) | 16770 11.22% | 15078 17.90% | 12789 23.45% | 10359 -28.41% | 14471 -1.70% | 14721 14.93% | 12808 14.58% | 11179 17.23% | 9536 0.01% | 9535 14.76% | 8309 30.52% | 6366 19.76% | 5316 11.53% | 4766 8.32% | 4400 15.82% | 3799 15.25% |
| Profit (INR Cr) | 877 6.6% | 823 -81.2% | 4367 439.2% | 810 4.3% | 777 -8.1% | 846 22.4% | 691 -13.7% | 801 14.9% | 697 13.5% | 615 12.8% | 545 -0.9% | 549 23.2% | 446 -27.9% | 619 25.4% | 494 157.7% | 191 - |
| Assets (INR Cr) | 14190 19.4% | 11881 5.9% | 11220 -53.0% | 23881 13.2% | 21094 11.2% | 18963 13.8% | 16671 9.8% | 15188 16.6% | 13024 12.5% | 11576 13.3% | 10219 8.3% | 9434 243.0% | 2751 7.8% | 2552 20.0% | 2127 55.1% | 1372 - |
| Net Worth (INR Cr) | 12886 15.8% | 11132 5.2% | 10584 45.5% | 7272 12.5% | 6467 5.9% | 6107 12.5% | 5429 7.9% | 5032 14.6% | 4390 15.4% | 3804 11.2% | 3421 12.6% | 3039 14.9% | 2645 13.0% | 2341 25.3% | 1868 98.5% | 941 17.4% |
| Employee Cost (INR Cr) | 1167 16.4% | 1003 10.6% | 906 11.0% | 817 -27.0% | 1119 8.2% | 1034 7.5% | 962 10.9% | 868 3.5% | 838 10.2% | 761 11.6% | 682 69.2% | 403 22.0% | 330 2.9% | 321 22.4% | 262 36.6% | 192 - |
| Interest Cost (INR Cr) | 120 | 79 | 64 | 37 | 108 | 117 | 114 | 153 | 79 | 9 | 14 | 12 | 19 | 16 | 21 | 66 |
| Cash & Bank Balance (INR Cr) | 331 | 140 | 199 | 354 | 342 | 350 | 317 | 324 | 294 | 207 | 287 | 221 | 63 | 23 | 30 | 39 |
| Total Debt (INR Cr) | 1123 | 588 | 520 | 509 | 197 | 89 | 60 | 187 | 115 | 58 | 35 | 51 | 27 | 104 | 174 | 361 |
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% | 5.3% | 26.0% | 7.7% | 5.3% | 5.7% | 5.3% | 6.9% | 7.5% | 6.2% | 6.5% | 8.3% | 8.2% | 12.3% | 11.0% | 5.1% |
| Profit As % Of Assets | 6.2% | 6.9% | 38.9% | 3.4% | 3.7% | 4.5% | 4.1% | 5.3% | 5.4% | 5.3% | 5.3% | 5.8% | 16.2% | 24.3% | 23.2% | 14.0% |
| Profit As % Of Networth | 6.8% | 7.4% | 41.3% | 11.1% | 12.0% | 13.9% | 12.7% | 15.9% | 15.9% | 16.2% | 15.9% | 18.1% | 16.9% | 26.4% | 26.4% | 20.4% |
| Interest Cost to EBITDA % | 6.6% | 4.9% | 4.6% | 2.7% | 7.5% | 7.5% | 8.4% | 11.1% | 6.7% | 1.0% | 1.6% | 1.4% | 2.5% | 1.6% | 2.2% | 11.3% |
| Debt to Equity Ratio | 0.09 | 0.05 | 0.05 | 0.07 | 0.03 | 0.01 | 0.01 | 0.04 | 0.03 | 0.02 | 0.01 | 0.02 | 0.01 | 0.04 | 0.09 | 0.38 |
| RONW | 7.4% | 7.6% | 48.6% | 11.7% | 12.1% | 14.7% | 13.3% | 17.1% | 17.1% | 17.1% | 16.9% | 18.9% | 18.6% | 31.0% | 40.6% | 33.3% |
| ROCE | 10.4% | 10.6% | 5.7% | 4.9% | 5.4% | 7.7% | 7.3% | 8.9% | 8.7% | 8.1% | 8.2% | 13.0% | 26.1% | 42.4% | 53.1% | 41.3% |