Exide Industries Ltd.
NSE: EXIDEINDExide Industries Ltd.: A 30-second snapshot
EXIDEIND trades at ₹435.65, up 15.01% over the past year and 21.92% over the past 3 months, sitting 3.79% below its 52-week high and above both its 50-DMA (₹400.96) and 200-DMA (₹361.15). Trailing PE of 43.43 (forward PE 25.41) is the highest among Auto sector peers with comparable data, while ROE of 6.17% and a quality score of 34/100 rank near the bottom of the same peer set. Debt-to-equity stands at 11.31 with a rising trend, and free cash flow has been positive in only 1 of the years tracked.
P/E
43.4
Forward P/E
25.4
ROE
+6.2%
Debt / Equity
11.31
Profit Margin
+4.8%
Div. Yield
+0.5%
5Y ROE > 15%
0/5
5Y FCF > 0
1/5
Quality
39/100
News
4 headlines · 2 positive · 0 negative
Exide Industries Hits ₹434 Bull Target; Delivers 26.5% Return - HDFC Sky
HDFC Sky
Raja Venkatraman recommends three stocks for 9 July - livemint.com
livemint.com
IT Stocks Rally With Infosys Leading The Charge, Financials Jump On Results, Oil-Sensitives Rise On Crude Crash - HDFC Sky
HDFC Sky
Price to book forward of Exide Industries Limited – NSE:EXIDEIND - TradingView
TradingView
Recent context
- ·HDFC Sky's July 24, 2026 coverage referenced the stock reaching a cited ₹434 level with a 26.5% return from an earlier reference point.
- ·Livemint's July 9, 2026 roundup of stock picks included EXIDEIND among the names covered.
- ·Sampled news sentiment over the period was split 2 positive / 2 neutral / 0 negative across 4 articles, with an overall label of neutral.
Strengths
- +Price is up 15.01% over 1 year and 21.92% over 3 months, trading above both the 50-DMA and 200-DMA with a neutral RSI of 60.37.
- +Currently only 3.79% below its 52-week high, among the smaller drawdowns seen in its recent technical history.
- +Revenue growth of 9.2% and earnings growth of 15% over 5 years show continued topline and bottomline expansion.
- +Recent news flow is mildly positive (2 of 4 sampled articles positive, none negative), including coverage citing a 26.5% return from a referenced price level.
Weaknesses
- −Debt-to-equity of 11.31 with a rising trend and free cash flow positive in only 1 of the tracked years point to a weak and deteriorating balance-sheet and cash-generation profile.
- −ROE of 6.17% has not exceeded 15% in any tracked year, profit margin is thin at 4.75%, and the consistency score of 8/100 signals unstable core profitability.
- −Quality score of 34 ranks 4th of 6 in the Auto peer set, and trailing PE of 43.43 is the highest among peers with available PE data despite the weaker profitability profile.
- −Mean analyst rating of 2.875 across 16 analysts (1-5 scale, lower = more constructive) sits mid-scale rather than at the constructive end.
Open questions
- ?Does the rising debt-to-equity trend reflect capacity investment (for example in battery manufacturing capacity) or broader balance-sheet stress?
- ?What operational changes would be needed for ROE to move durably above the 15% threshold it has not cleared in any tracked year?
- ?Does the gap between trailing PE (43.43) and forward PE (25.41) reflect a credible near-term earnings inflection, and what is understood to be driving that expected step-up?
- ?How does the recent 3-month price strength (+21.92%) relate to the underlying fundamentals, given the quality score ranks near the bottom of the Auto peer set?
Peer comparison: Auto
Ranks 4 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| EXIDEIND | Exide Industries Ltd.You're viewing | 43.4 | +6.2% | 34 |
| Industry avg | across 5 peers | 29.2 | +14.0% | 44 |
| EICHERMOT | Eicher Motors Ltd. | 38.8 | +23.8% | 62 |
| BAJAJ-AUTO | Bajaj Auto Ltd. | 26.9 | — | 57 |
| M&M | Mahindra & Mahindra Ltd. | 21.2 | +18.8% | 52 |
| MARUTI | Maruti Suzuki India Ltd. | 29.9 | +14.4% | 31 |
| TMPV | Tata Motors Passenger Vehicles Ltd. | — | -1.1% | 16 |
Technical state
Current price
₹435.65
SMA 50
₹400.96
SMA 200
₹361.15
RSI (14)
60.4 (neutral)
From 52w high
-3.8%
1Y return
+15.0%
3M return
+21.9%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highDebt-to-equity of 11.31 is sharply elevated with a rising debt trend, and free cash flow has been positive in only 1 of the available persistence-tracked years, pointing to a weak and deteriorating balance-sheet and cash-generation profile.
- highReturn on equity of 6.17% has not exceeded 15% in any tracked year (roeYearsAbove15 = 0), profit margin is thin at 4.75%, and the fundamental consistency score is 8 out of 100, indicating persistently weak and unstable core profitability.
- mediumQuality score of 34 ranks 4th of 6 in the Auto peer set (below EICHERMOT 62 and BAJAJ-AUTO 57), while trailing PE of 43.43 is the highest among peers with available PE data (BAJAJ-AUTO 26.94, EICHERMOT 38.78, M&M 21.18, MARUTI 29.90), placing the stock at the top of the peer valuation range despite bottom-tier quality metrics.
- lowNews coverage is limited to 4 articles in the sample window (2 positive, 2 neutral, 0 negative), with no dedicated stock-specific fundamental analysis beyond price-level commentary, so the sentiment read carries low confidence given the small sample.
Cross-section contradictions
- Technical price action shows strength (up 21.92% over 3 months and 15.01% over 1 year, trading above both the 50-DMA of ₹400.96 and 200-DMA of ₹361.15), while fundamentals show weak profitability (ROE 6.17%, quality score 34/100, zero years of ROE above 15%) and the highest trailing PE (43.43) among sector peers with comparable data, an unusual pairing of price momentum against weak fundamental quality.
- Forward PE of 25.41 is nearly half the trailing PE of 43.43, implying the market is pricing in a substantial near-term earnings step-up, yet free cash flow has been positive in only 1 of the available years and ROE has never exceeded 15% historically, a gap between the implied forward earnings trajectory and the historical profitability and cash-generation record.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 11 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 30 Jul 2026 · rotates through NIFTY 500 every ~5 days