Household Products
Valuation | |
|---|---|
| Market Cap | 2.41 kCr |
| Price/Earnings (Trailing) | 52.62 |
| Price/Sales (Trailing) | 1.73 |
| EV/EBITDA | 23.5 |
| Price/Free Cashflow | 82.16 |
| MarketCap/EBT | 37.71 |
| Enterprise Value | 2.73 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 2.7% |
| Price Change 1M | -0.20% |
| Price Change 6M | -18.9% |
| Price Change 1Y | -5.4% |
| 3Y Cumulative Return | 0.00% |
| 5Y Cumulative Return | 9.4% |
| 7Y Cumulative Return | 6.6% |
| 10Y Cumulative Return | 3.5% |
| Revenue (TTM) |
| 1.4 kCr |
| Rev. Growth (Yr) | 6.5% |
| Earnings (TTM) | 45.84 Cr |
| Earnings Growth (Yr) | -126.8% |
Profitability | |
|---|---|
| Operating Margin | 8% |
| EBT Margin | 5% |
| Return on Equity | 9.7% |
| Return on Assets | 3.95% |
| Free Cashflow Yield | 1.22% |
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 & Equivalents | 6.58 Cr |
| Free Cash Flow (TTM) | 33.2 Cr |
| Free Cash Flow/Share (TTM) | 4.57 |
Balance Sheet | |
|---|---|
| Total Assets | 1.16 kCr |
| Total Liabilities | 688.1 Cr |
| Shareholder Equity | 472.77 Cr |
| Current Assets | 549.11 Cr |
| Current Liabilities | 485.46 Cr |
| Net PPE | 297.52 Cr |
| Inventory | 284.57 Cr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.28 |
| Debt/Equity | 0.69 |
| Interest Coverage | 1.78 |
| Interest/Cashflow Ops | 6.33 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 1.5 |
| Dividend Yield | 0.45% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Reasonably good balance sheet.
Past Returns: Underperforming stock! In past three years, the stock has provided 0% return compared to 12.8% by NIFTY 50.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Reasonably good balance sheet.
Past Returns: Underperforming stock! In past three years, the stock has provided 0% return compared to 12.8% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 0.45% |
| Dividend/Share (TTM) | 1.5 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 6.3 |
Financial Health | |
|---|---|
| Current Ratio | 1.13 |
| Debt/Equity | 0.69 |
Technical Indicators | |
|---|---|
| RSI (14d) | 49.45 |
| RSI (5d) | 60.23 |
| RSI (21d) | 47.66 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
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.
Management's outlook for Eveready Industries India Limited reflects confidence in sustainable growth and strategic positioning. For Q2 FY26, the company reported revenue growth of 6.7%, supported by stable gross margins across segments, leading to an EBITDA margin of 12.7%. The management highlighted resilient consumer demand, especially in rural areas due to a good monsoon and improvements in agricultural indicators.
Key forward-looking points include:
Market Growth: Management expects continued growth momentum, with battery segment sales projected to benefit from stable demand, particularly for the alkaline battery line. The Ultima range achieved a market share increase to 16.3%, up from 15.3% in Q1.
Capacity Expansion: The Jammu greenfield facility is scheduled for completion by the end of FY26, enhancing production capabilities to meet rising alkaline battery demand.
Strategic Investments: Advertising and promotional expenditure, over 10% for the quarter, will support brand visibility, particularly around key events like the T20 Asia Cup.
Innovation Focus: The company is committed to a strong innovation pipeline in flashlights and lighting to maintain market leadership across segments.
Operational Efficiency: The management has undertaken steps to improve operational efficiency, including a strategic separation of 150 workers in Noida, with long-term financial benefits expected.
Forward Guidance: Expecting H2 FY26 performance to align with H1, management targets a revenue growth of around 6-7% year-on-year for the second half of the fiscal year while maintaining operational stability.
Financial Health: With a debt-equity ratio around 0.7, the company emphasizes internal funding capabilities to support growth moving forward.
Management remains optimistic that strategic rationalization of operations and a focus on innovation will continue to enhance shareholder value while navigating potential market challenges.
Understand Eveready Industries India ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| M B FINMART PRIVATE LIMITED | 11.81% |
| PURAN ASSOCIATES PRIVATE LIMITED | 11.56% |
| VIC ENTERPRISES PRIVATE LIMITED | 11.55% |
| THELEME INDIA MASTER FUND LIMITED | 4.31% |
| ICM FINANCE PRIVATE LIMITED | 3.29% |
| GLADIATOR VYAPAAR PRIVATE LIMITED | 3.09% |
| PROGRESSIVE STAR FINANCE PRIVATE LIMITED |
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 |
|---|---|---|---|---|---|---|---|---|---|
| HAVELLS | Havells India | 84.32 kCr | 22.63 kCr | -7.40% | -17.40% | 56.72 | 3.73 | - | - |
| SURYAROSNI | Surya Roshni | 5.58 kCr |
Comprehensive comparison against sector averages
EVEREADY metrics compared to Household
| Category | EVEREADY | Household |
|---|---|---|
| PE | 51.40 | 55.28 |
| PS | 1.69 | 2.74 |
| Growth | 7.6 % | -3.2 % |
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.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Buy |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
EVEREADY vs Household (2021 - 2026)
1. Question by Arnav Sakhuja:
"Are we expecting any more payments for the ex-gratia nonrecurring payment in the next couple of quarters?"
Answer:
Currently, we do not foresee any additional payments coming up in the next two quarters. However, we remain open to opportunities that might arise, yet there is nothing on our agenda at this moment.
2. Question by Arnav Sakhuja:
"Could you provide more detail about the ex-gratia payment?"
Answer:
The payment pertains to realigning our workforce due to changes in demand and the upcoming alkaline factory. We separated 150 workers at the Noida facility for efficiency, which is part of our cost-optimization strategy.
3. Question by Vikas Shrivastav:
"Is the Noida factory still operational after reducing the workforce?"
Answer:
Yes, the Noida factory remains operational. We're in the process of consolidating manufacturing and have made adjustments based on our operational efficiency strategy.
4. Question by Vikas Shrivastav:
"Can we expect a double-digit revenue growth in the coming year?"
Answer:
We aim for steady growth around 6-7% in the second half, considering current market conditions and the impact of the GST adjustments. Hopeful trends indicate that we can reach or exceed these benchmarks.
5. Question by Bhargav:
"What's the expected capacity utilization for the new alkaline factory?"
Answer:
Our new Jammu facility is designed to operate at 360 million capacity. We anticipate significant growth in the next fiscal year, especially as we've seen a strong upward trend in the alkaline battery segment.
6. Question by Bhargav:
"Will alkaline margins eventually match carbon zinc margins?"
Answer:
Currently, alkaline margins are lower, but we anticipate improvement through local production and increased market penetration over the next 2-3 years.
7. Question by Slade Alexander:
"How will you manage rising costs against revenue growth?"
Answer:
We will tactically manage rising costs by considering price adjustments in light of substantial cost increases in raw materials. However, we will maintain competitive pricing where necessary to avoid market share loss.
8. Question by Vipul Shah:
"What benefits does the non-executive director bring to Eveready?"
Answer:
The director provides valuable insights and market understanding that have been instrumental to our strategic direction. This guidance has proven useful, particularly as we navigate operational changes post-takeover.
9. Question by Mithun Aswath:
"Will Eveready consider entering new product categories post-capital constraint relief?"
Answer:
Yes, we're exploring opportunities in complementary categories that leverage our brand strength. We plan to pilot these new products over the next year without compromising our core business.
10. Question by Saket Kapoor:
"What's the timeline for commissioning the Jammu factory?"
Answer:
We expect the factory to be fully commissioned by the end of the current financial year as we continue to closely monitor progress and necessary approvals.
This summary captures major questions and responses from the earnings call, providing insights into the company's outlook and strategies moving forward.
| 2.56% |
| TATA MUTUAL FUND - TATA SMALL CAP FUND | 2.44% |
| MCLEOD RUSSEL INDIA LIMITED | 2.29% |
| ANJANA PROJECTS PRIVATE LIMITED | 2.27% |
| GYAN ENTERPRISES PRIVATE LIMITED | 1.95% |
| NEXOME REALITY LLP | 1.65% |
| CHOWDRY ASSOCIATES | 1.51% |
| Investor Education and Protection Fund | 1.51% |
| OLYMPIA TECH PARK CHENNAI PRIVATE LIMITED | 1.47% |
| BENNETTE COLEMAN & CO LTD* | 0.42% |
| YASHODHARA KHAITAN | 0.41% |
| KILBURN ENGINEERING LIMITED | 0.37% |
| ADITYA KHAITAN | 0.32% |
| VIVAYA ENTERPRISES PRIVATE LIMITED | 0.28% |
Distribution across major stakeholders
Distribution across major institutional holders
| 7.51 kCr |
| -8.50% |
| -0.70% |
| 19.72 |
| 0.74 |
| - |
| - |
| 350 |
| 333 |
| 287 |
| 318 |
| 328 |
| 314 |
| Profit Before exceptional items and Tax | -14.3% | 37 | 43 | 12 | 16 | 35 | 35 |
| Exceptional items before tax | -379.3% | -37.68 | -7.07 | 0 | 0 | 0 | 0 |
| Total profit before tax | -104.1% | -0.43 | 36 | 12 | 16 | 35 | 35 |
| Current tax | -237.2% | -6.37 | 6.37 | 2.74 | 2.78 | 6.26 | 6.3 |
| Deferred tax | 1063% | 14 | -0.35 | -1.01 | 0.05 | -0.8 | -0.25 |
| Total tax | 29.1% | 7.48 | 6.02 | 1.73 | 2.83 | 5.46 | 6.05 |
| Total profit (loss) for period | -130.7% | -7.91 | 30 | 10 | 13 | 30 | 29 |
| Other comp. income net of taxes | 97.7% | 0.96 | -0.73 | -0.43 | 0.35 | -0.54 | -0.16 |
| Total Comprehensive Income | -127.4% | -6.95 | 30 | 9.99 | 13 | 29 | 29 |
| Earnings Per Share, Basic | -166.1% | -1.09 | 4.16 | 1.43 | 1.8 | 4.07 | 4.04 |
| Earnings Per Share, Diluted | -166.1% | -1.09 | 4.16 | 1.43 | 1.8 | 4.07 | 4.04 |
| 7.5% |
| 172 |
| 160 |
| 147 |
| 148 |
| 143 |
| 149 |
| Finance costs | -19.4% | 26 | 32 | 57 | 48 | 52 | 70 |
| Depreciation and Amortization | 0% | 30 | 30 | 27 | 27 | 27 | 29 |
| Other expenses | 6.8% | 285 | 267 | 244 | 217 | 197 | 213 |
| Total Expenses | 0.9% | 1,247 | 1,236 | 1,302 | 1,162 | 1,104 | 1,189 |
| Profit Before exceptional items and Tax | 21.2% | 98 | 81 | 27 | 49 | 150 | 68 |
| Exceptional items before tax | - | 0 | 0 | 0 | 0 | -629.7 | 152 |
| Total profit before tax | 21.2% | 98 | 81 | 27 | 49 | -480.06 | 220 |
| Current tax | 41.7% | 18 | 13 | 4.03 | 7.68 | 4.33 | 40 |
| Deferred tax | -1354.2% | -2.01 | 1.24 | 3 | -5.69 | -175.26 | 0.58 |
| Total tax | 15.4% | 16 | 14 | 7.03 | 1.99 | -170.93 | 41 |
| Total profit (loss) for period | 22.7% | 82 | 67 | 20 | 47 | -309.13 | 180 |
| Other comp. income net of taxes | -294.1% | -1.01 | 0.49 | 1.34 | -1.49 | 1.11 | 0.87 |
| Total Comprehensive Income | 21.2% | 81 | 67 | 21 | 46 | -308.03 | 180 |
| Earnings Per Share, Basic | 357.6% | 11.33 | -3.01 | 2.77 | 6.53 | -42.53 | 24.7 |
| Earnings Per Share, Diluted | 357.6% | 11.33 | -3.01 | 2.77 | 6.53 | -42.53 | 24.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| 10 |
| Non-current investments | 0% | 10 | 10 | 10 | 10 | 0 | 0 |
| Loans, non-current | -12.2% | 0.17 | 0.26 | 0.36 | 0.1 | 0 | 0.55 |
| Total non-current financial assets | 12.5% | 19 | 17 | 18 | 18 | 20 | 8.39 |
| Total non-current assets | 6.1% | 614 | 579 | 518 | 502 | 506 | 523 |
| Total assets | 6.7% | 1,157 | 1,084 | 1,076 | 960 | 1,011 | 985 |
| Borrowings, non-current | 7.7% | 169 | 157 | 117 | 144 | 167 | 208 |
| Total non-current financial liabilities | 11.4% | 197 | 177 | 138 | 144 | 192 | 230 |
| Provisions, non-current | -3.8% | 5.28 | 5.45 | 6.53 | 0 | 6.19 | 4.93 |
| Total non-current liabilities | 8.6% | 203 | 187 | 149 | 172 | 198 | 235 |
| Borrowings, current | 20% | 157 | 131 | 145 | 142 | 154 | 166 |
| Total current financial liabilities | 11.4% | 402 | 361 | 404 | 310 | 177 | 359 |
| Provisions, current | 5.6% | 20 | 19 | 18 | 16 | 15 | 14 |
| Current tax liabilities | -42.9% | 5.09 | 8.16 | 12 | 7.59 | 10 | 6.35 |
| Total current liabilities | 10.3% | 485 | 440 | 493 | 405 | 447 | 434 |
| Total liabilities | 9.7% | 688 | 627 | 642 | 576 | 645 | 668 |
| Equity share capital | 0% | 36 | 36 | 36 | 36 | 36 | 36 |
| Total equity | 2.4% | 469 | 458 | 435 | 384 | 366 | 317 |
| Total equity and liabilities | 6.7% | 1,157 | 1,084 | 1,076 | 960 | 1,011 | 985 |
| - |
| 0 |
| 0 |
| 3.4 |
| -1.24 |
| - |
| - |
| Other inflows (outflows) of cash | - | -17.29 | 0 | 0 | 0 | - | - |
| Net Cashflows From Operating Activities | -12.8% | 130 | 149 | 37 | 135 | - | - |
| Proceeds from sales of PPE | -61.5% | 0.37 | 0.61 | 0.2 | 0 | - | - |
| Purchase of property, plant and equipment | 187.9% | 96 | 34 | 24 | 12 | - | - |
| Proceeds from sales of investment property | - | 0 | 0 | 0 | 0.42 | - | - |
| Proceeds from government grants | -125% | 0 | 5 | 0 | 0 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | - | 0 | 0 | 0 | 4.65 | - | - |
| Interest received | -122.6% | 0.62 | 2.68 | 0.36 | 2.3 | - | - |
| Other inflows (outflows) of cash | -148.3% | 0 | 3.07 | 4.4 | 2 | - | - |
| Net Cashflows From Investing Activities | -303.7% | -95.49 | -22.9 | -19.45 | -55.3 | - | - |
| Proceeds from borrowings | - | 64 | 0 | 288 | 74 | - | - |
| Repayments of borrowings | -31.8% | 61 | 89 | 300 | 124 | - | - |
| Payments of lease liabilities | 3.1% | 8.39 | 8.17 | 0 | 0 | - | - |
| Dividends paid | -78.4% | 7.27 | 30 | 0 | 0 | - | - |
| Interest paid | - | 24 | 0 | 0 | 48 | - | - |
| Other inflows (outflows) of cash | - | 0 | 0 | -38.17 | -9.54 | - | - |
| Net Cashflows from Financing Activities | 71.2% | -35.86 | -126.81 | -59.09 | -108.02 | - | - |
| Net change in cash and cash eq. | -67.8% | -1.45 | -0.46 | -41.34 | -28.06 | - | - |