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EVEREADY

EVEREADY - Eveready Industries India Ltd. Share Price

Household Products

395.00+5.65(+1.45%)
Market Open as of Sep 29, 2025, 15:30 IST

Valuation

Market Cap2.83 kCr
Price/Earnings (Trailing)33.97
Price/Sales (Trailing)2.06
EV/EBITDA20.36
Price/Free Cashflow85.24
MarketCap/EBT28.49
Enterprise Value3.11 kCr

Fundamentals

Revenue (TTM)1.37 kCr
Rev. Growth (Yr)7.7%
Earnings (TTM)83.31 Cr
Earnings Growth (Yr)3%

Profitability

Operating Margin8%
EBT Margin7%
Return on Equity18.07%
Return on Assets7.66%
Free Cashflow Yield1.17%

Price to Sales Ratio

Latest reported: 2

Revenue (Last 12 mths)

Latest reported: 1 kCr

Net Income (Last 12 mths)

Latest reported: 83 Cr

Growth & Returns

Price Change 1W-7.8%
Price Change 1M-6.8%
Price Change 6M28.4%
Price Change 1Y-17.2%
3Y Cumulative Return7%
5Y Cumulative Return23.1%
7Y Cumulative Return10.2%
10Y Cumulative Return3.4%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)-95.48 Cr
Cash Flow from Operations (TTM)129.67 Cr
Cash Flow from Financing (TTM)-35.87 Cr
Cash & Equivalents6.09 Cr
Free Cash Flow (TTM)33.2 Cr
Free Cash Flow/Share (TTM)4.57

Balance Sheet

Total Assets1.09 kCr
Total Liabilities626.46 Cr
Shareholder Equity461.1 Cr
Current Assets511.34 Cr
Current Liabilities439.84 Cr
Net PPE298.59 Cr
Inventory287.33 Cr
Goodwill0.00

Capital Structure & Leverage

Debt Ratio0.27
Debt/Equity0.63
Interest Coverage3.08
Interest/Cashflow Ops6.33

Dividend & Shareholder Returns

Dividend/Share (TTM)1.5
Dividend Yield0.39%
Shares Dilution (1Y)0.00%
Shares Dilution (3Y)0.00%
Pros

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Balance Sheet: Strong Balance Sheet.

Cons

Momentum: Stock is suffering a negative price momentum. Stock is down -6.8% in last 30 days.

Past Returns: In past three years, the stock has provided 7% return compared to 11.2% by NIFTY 50.

Technicals: SharesGuru indicator is Bearish.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield0.39%
Dividend/Share (TTM)1.5
Shares Dilution (1Y)0.00%
Earnings/Share (TTM)11.46

Financial Health

Current Ratio1.16
Debt/Equity0.63

Technical Indicators

RSI (14d)9.36
RSI (5d)0.00
RSI (21d)39.15
MACD SignalSell
Stochastic Oscillator SignalBuy
Grufity SignalSell
RSI SignalBuy
RSI5 SignalBuy
RSI21 SignalHold
SMA 5 SignalSell
SMA 10 SignalSell
SMA 20 SignalSell
SMA 50 SignalSell
SMA 100 SignalSell

Summary of Latest Earnings Report from Eveready Industries India

Summary of Eveready Industries India's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Last updated:

The management outlook for Eveready Industries India Limited indicates a focus on delivering profitable growth across all segments while leveraging its robust distribution network and navigating the challenging market environment. Key points highlighted include:

  1. Revenue Growth: The company experienced an overall revenue growth of 7% for the quarter, with significant contributions from the battery segment, which saw revenue growth exceeding 50% year-on-year. The share for alkaline batteries increased to 15.3%, up from 9.6% in June 2024.

  2. EBITDA Margin: The company maintained a strong EBITDA margin of 14.3%. For the different segments, the margins were approximately 19% for batteries, 13% for flashlights, with lighting remaining flat.

  3. Future Plans: The greenfield facility in Jammu is on track for commercial production by March 2026, with an internal target set for January 2026. This facility aims to enhance the company's competitiveness and cost-effectiveness.

  4. Market Strategy: Management is focusing on maintaining and expanding market share, particularly in the alkaline battery segment, where they anticipate an acceleration in growth due to the plant's commercial operations. The distribution network is being optimized to facilitate this growth.

  5. Settlement Agreement: The company finalized a settlement with Real Touch Finance, resulting in a payment of Rs. 15 crore. This settlement will lift previous restrictions on asset disposal and capital restructuring.

  6. Cost Efficiency Initiatives: Management has undertaken a separation exercise, incurring an exceptional charge of Rs. 7.07 crore, expected to yield annual savings of approximately Rs. 4 crore.

Overall, management expresses confidence in leveraging core strengths to build business momentum and explore new avenues for growth, all while maintaining a vigilant approach to market trends and consumer preferences.

Last updated:

  1. Question: Could you please help us with the segment-wise margins? Answer: The segment-wise margins for this quarter are approximately 19% for batteries, 13% for flashlights, while lighting margins remain flat.

  2. Question: This quarter we had a relatively high other income of Rs. 2.4 crore. What led to this? Answer: The Rs. 2.4 crore of other income came from custom refunds and tenancy surrendering. It was related to compensation for long-term tenancy agreements we concluded.

  3. Question: Post this favorable decision, will the embargo on fund infusion be lifted? Answer: Yes, with the settlement, the restrictions on capital restructuring and asset disposal will be lifted once formalities are completed.

  4. Question: Can we expect double-digit growth in the rechargeable flashlight segment in the medium term? Answer: Yes, I believe we can expect double-digit growth in the rechargeable flashlight segment moving forward, particularly after the BIS certification is fully in place.

  5. Question: What is driving the market share gains in the alkaline battery segment? Answer: Our market share gains can be attributed to a significant increase in segment growth and our strong distribution network, along with brand awareness for our alkaline product line.

  6. Question: What percentage of revenue can we expect from wires and MCBs in the next 2-3 years? Answer: It's too early to peg a specific revenue contribution from wires and MCBs, but new products account for 15% of overall revenue now, reflecting potential growth.

  7. Question: Are we entering any new segments in the next 2-3 years? Answer: Our focus remains on existing categories where ample growth opportunity exists. Future new categories will depend on our current growth before venturing further.

  8. Question: What were the reasons behind the exceptional charge of Rs. 7.07 crore? Answer: The charge was incurred for non-recurring ex gratia payments to employees as part of a separation exercise to enhance long-term cost efficiency across our locations.

  9. Question: Can you clarify the link between the Real Touch Finance settlement and the KKR matter? Answer: The Real Touch case is linked to the KKR matter as it relates to loans initially assigned to group entities. The settlement resolves claims against us, lifting prior restrictions.

  10. Question: When do you expect to achieve commercial production at the Jammu plant? Answer: We are targeting commercial production by March 2026, but our internal goal is set for January 2026.

Share Holdings

Understand Eveready Industries India ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
M B FINMART PRIVATE LIMITED11.81%
PURAN ASSOCIATES PRIVATE LIMITED11.56%
VIC ENTERPRISES PRIVATE LIMITED11.55%
THELEME INDIA MASTER FUND LIMITED4.31%
ICM FINANCE PRIVATE LIMITED3.29%
GLADIATOR VYAPAAR PRIVATE LIMITED3.11%
PROGRESSIVE STAR FINANCE PRIVATE LIMITED2.56%
TATA MUTUAL FUND - TATA SMALL CAP FUND2.44%
MCLEOD RUSSEL INDIA LIMITED2.29%
GYAN ENTERPRISES PRIVATE LIMITED1.95%
Nexome Reality LLP1.65%
CHOWDRY ASSOCIATES1.51%
OLYMPIA TECHPARK CHENNAI PRIVATE LIMITED1.47%
INVESTORS EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS1.35%
BENNETTE COLEMAN & CO LTD*0.42%
YASHODHARA KHAITAN0.41%
KILBURN ENGINEERING LIMITED0.37%
ADITYA KHAITAN0.32%
VIVAYA ENTERPRISES PRIVATE LIMITED0.28%
VANYA KHAITAN0.23%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is Eveready Industries India Better than it's peers?

Detailed comparison of Eveready Industries India against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr
HAVELLSHavells India94.55 kCr21.72 kCr-0.70%-25.40%66.944.35--
SURYAROSNISurya Roshni6.25 kCr7.18 kCr+2.00%-20.30%25.720.87--

Sector Comparison: EVEREADY vs Household Products

Comprehensive comparison against sector averages

Comparative Metrics

EVEREADY metrics compared to Household

CategoryEVEREADYHousehold
PE33.9728.24
PS2.062.83
Growth5.6 %-3.5 %
33% metrics above sector average

Performance Comparison

EVEREADY vs Household (2021 - 2025)

EVEREADY outperforms the broader Household sector, although its performance has declined by 27.5% from the previous year.

Key Insights
  • 1. EVEREADY is among the Top 3 Household Products companies by market cap.
  • 2. The company holds a market share of 24.9% in Household Products.
  • 3. In last one year, the company has had an above average growth that other Household Products companies.

Income Statement for Eveready Industries India

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Standalone figures (in Rs. Crores) /

Balance Sheet for Eveready Industries India

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Cash Flow for Eveready Industries India

Consolidated figures (in Rs. Crores) /
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What does Eveready Industries India Ltd. do?

Eveready Industries India Limited manufactures and markets dry cell batteries, flashlights, and lighting and electrical products in India and internationally. The company offers zinc carbon, alkaline, coin, and rechargeable batteries, as well as charger; and plastic, brass, aluminum, and rechargeable torches; and portable lanterns. It provides consumer lighting products, such as light-emitting diode (LED) bulbs, LED batten, emergency LEDs, LED panels, LED downlight and spotlights, and outdoor and festive lighting; professional lighting, including indoor architectural, commercial, industrial, facade, and flood lighting; electrical accessories comprising spike guard/reels, multi and top plugs, bells, immersion heater, and dry iron; and mosquito racquets. In addition, the company is involved in distribution of electrical products; and trading of raw materials. It sells its products under Eveready, PowerCell, Shakti, and Uniross brands. Eveready Industries India Limited was founded in 1905 and is based in Kolkata, India.

Industry Group:Household Products
Employees:1,972
Website:www.evereadyindia.com