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Exide Industries Ltd
NSE:EXIDEIND

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Exide Industries Ltd
NSE:EXIDEIND
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Price: 360.55 INR -0.8% Market Closed
Market Cap: ₹306.5B

EV/IC

1.8
Current
5%
Cheaper
vs 3-y average of 1.9

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.8
=
Enterprise Value
₹291.7B
/
Invested Capital
₹175.9B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.8
=
Enterprise Value
₹291.7B
/
Invested Capital
₹175.9B

Valuation Scenarios

Exide Industries Ltd is trading below its 3-year average

If EV/IC returns to its 3-Year Average (1.9), the stock would be worth ₹379.85 (5% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-10%
Maximum Upside
+57%
Average Upside
20%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.8 ₹360.55
0%
3-Year Average 1.9 ₹379.85
+5%
5-Year Average 1.6 ₹322.73
-10%
Industry Average 2.8 ₹567.2
+57%
Country Average 2.3 ₹462.28
+28%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

In line with most companies in India
Percentile
40th
Based on 2 828 companies
40th percentile
1.8
Low
0 — 1.3
Typical Range
1.3 — 4.2
High
4.2 —
Distribution Statistics
India
Min 0
30th Percentile 1.3
Median 2.3
70th Percentile 4.2
Max 4 185.7

Exide Industries Ltd
Glance View

Exide Industries Ltd., a formidable entity in the energy storage solutions sector, has carved a niche that speaks volumes of its resilient legacy and innovation-driven approach. Rooted in its origins dating back to 1947, the company has transformed from a traditional lead-acid battery manufacturer into a diversified power solutions provider. Known primarily for its automotive batteries, Exide serves both the vehicular market—catering to every spectrum, from two-wheelers to heavy-duty trucks—and the industrial segment, powering critical sectors such as telecommunications, railways, renewable energy, and uninterrupted power supplies. Leveraging a well-established distribution network, Exide ensures nationwide reach and service, maintaining a formidable presence across urban and rural landscapes. Exide's business model is robustly underpinned by its commitment to technological advancement and sustainability. Continuous investment in research and development is evidenced by their state-of-the-art facilities fostering innovations like advanced maintenance-free batteries and eco-friendly manufacturing processes. Supplementing its core operations, Exide extends its revenue streams beyond battery sales through comprehensive after-sales services, including battery maintenance, warranty services, and recycling programs. This cyclical approach not only enhances customer loyalty but also aligns with global shifts towards sustainable and environmentally friendly business practices. As it deftly navigates the challenges and opportunities in the rapidly evolving energy landscape, Exide Industries remains a compelling player dedicated to powering life with reliability and innovation.

EXIDEIND Intrinsic Value
277.99 INR
Overvaluation 23%
Intrinsic Value
Price ₹360.55
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