
EVEREADY - Eveready Industries India Ltd. Share Price
Household Products
Valuation | |
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Market Cap | 2.83 kCr |
Price/Earnings (Trailing) | 33.97 |
Price/Sales (Trailing) | 2.06 |
EV/EBITDA | 20.36 |
Price/Free Cashflow | 85.24 |
MarketCap/EBT | 28.49 |
Enterprise Value | 3.11 kCr |
Fundamentals | |
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Revenue (TTM) | 1.37 kCr |
Rev. Growth (Yr) | 7.7% |
Earnings (TTM) | 83.31 Cr |
Earnings Growth (Yr) | 3% |
Profitability | |
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Operating Margin | 8% |
EBT Margin | 7% |
Return on Equity | 18.07% |
Return on Assets | 7.66% |
Free Cashflow Yield | 1.17% |
Price to Sales Ratio
Revenue (Last 12 mths)
Net Income (Last 12 mths)
Growth & Returns | |
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Price Change 1W | -7.8% |
Price Change 1M | -6.8% |
Price Change 6M | 28.4% |
Price Change 1Y | -17.2% |
3Y Cumulative Return | 7% |
5Y Cumulative Return | 23.1% |
7Y Cumulative Return | 10.2% |
10Y Cumulative Return | 3.4% |
Cash Flow & Liquidity | |
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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 | 6.09 Cr |
Free Cash Flow (TTM) | 33.2 Cr |
Free Cash Flow/Share (TTM) | 4.57 |
Balance Sheet | |
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Total Assets | 1.09 kCr |
Total Liabilities | 626.46 Cr |
Shareholder Equity | 461.1 Cr |
Current Assets | 511.34 Cr |
Current Liabilities | 439.84 Cr |
Net PPE | 298.59 Cr |
Inventory | 287.33 Cr |
Goodwill | 0.00 |
Capital Structure & Leverage | |
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Debt Ratio | 0.27 |
Debt/Equity | 0.63 |
Interest Coverage | 3.08 |
Interest/Cashflow Ops | 6.33 |
Dividend & Shareholder Returns | |
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Dividend/Share (TTM) | 1.5 |
Dividend Yield | 0.39% |
Shares Dilution (1Y) | 0.00% |
Shares Dilution (3Y) | 0.00% |
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.
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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:
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.
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.
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.
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.
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.
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:
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 Name | Holding % |
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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 | 3.11% |
PROGRESSIVE STAR FINANCE PRIVATE LIMITED | 2.56% |
TATA MUTUAL FUND - TATA SMALL CAP FUND | 2.44% |
MCLEOD RUSSEL INDIA LIMITED | 2.29% |
GYAN ENTERPRISES PRIVATE LIMITED | 1.95% |
Nexome Reality LLP | 1.65% |
CHOWDRY ASSOCIATES | 1.51% |
OLYMPIA TECHPARK CHENNAI PRIVATE LIMITED | 1.47% |
INVESTORS EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS | 1.35% |
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% |
VANYA KHAITAN | 0.23% |
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 |
---|---|---|---|---|---|---|---|---|---|
HAVELLS | Havells India | 94.55 kCr | 21.72 kCr | -0.70% | -25.40% | 66.94 | 4.35 | - | - |
SURYAROSNI | Surya Roshni | 6.25 kCr | 7.18 kCr | +2.00% | -20.30% | 25.72 | 0.87 | - | - |
Sector Comparison: EVEREADY vs Household Products
Comprehensive comparison against sector averages
Comparative Metrics
EVEREADY metrics compared to Household
Category | EVEREADY | Household |
---|---|---|
PE | 33.97 | 28.24 |
PS | 2.06 | 2.83 |
Growth | 5.6 % | -3.5 % |
Performance Comparison
EVEREADY vs Household (2021 - 2025)
- 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
Balance Sheet for Eveready Industries India
Cash Flow for Eveready Industries India
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.