Exide Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

In India, batteries manufactured by Exide Industries Limited are sold under the Exide brand. These batteries are primarily sold to the original equipment and after-market parts suppliers of automobile manufacturers. Additionally, Exide Industries offers its products to the mining, power, telecommunications, infrastructure, computer, railway, and defense sectors. Exide Industries Ltd.’s main activities in India are manufacturing batteries and our associated products. The company offers a wide range of products, including several categories of storage batteries.

Exide Share Price Target 2024-2030

Price Target for Exide Industries Shares in 2024 Exide Industries Ltd. is a company that trades on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The anticipated price of EXIDEIND shares in 2024, 2025, and 2026. What’s more, up to 2030 will be shrouded top to bottom in this piece. Long-term projections that anticipate goals up until 2030 will be made using a variety of technical analysis methods. utilizing a method of machine learning in which the predicted data are trained using previous performance.

Exide Share Price Target Today Update

Exide likewise fabricates batties for the Indian guard area, rail routes mining, and PC businesses. Acid storage batteries from Exide Industries range in capacity from 2.5Ah to 20,600Ah. Through the year 2030, we will be able to predict how much EXIDEIND will cost. Ltd. Exide Industries Over the course of its history, a business that is well-known for having a significant impact on the Indian stock market has displayed a number of patterns. The current market position of EXIDEIND is covered in this section. direction of growth and possible influences from the market outside of it.

What is Exide?

One of the largest producers and distributors of batteries is Exide Industries. Exide has made batteries for over seven years. In India, Exide operates nine factories, seven of which produce batteries and two of which produce home UPS systems. Exide has subsidiaries in Sri Lanka, Singapore, and the United Kingdom, and it exports batties to more than 45 nations across seven continents.

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Exide Batteries Share Price History

On the National Stock Exchange (NSE), Exide’s share price is Rs 559.05, while on the Bombay Stock Exchange (BSE), it is Rs 558.85. If we look at its return percentage, it was +119.46 percent in the previous year. However, this business’s most recent 5-year return was disappointing—it was only +172.11%. The price of an Exide share in 2002 was Rs4.31, and it is now Rs559.05, indicating that the business has generated a return of +15173% during this time period.

Exide Industries Business Profile

This company is the most successful manufacturer of storage batteries in India, leading in almost every sector, including the automotive, industrial, and submarine industries. The company makes batteries for two-wheelers, four-wheelers, three-wheelers, electric rickshaws, and hoverboards. made with 2.5 Ah batteries for two-wheelers and 260 Ah batteries for other types of vehicles. Modern batteries are likewise created in a reach from 7 Ah to 3200 Ah for different applications including those implied for submarines.

• Lithium-ion cell manufacturing facility: The organization is working on setting up a place to make lithium-ion cells. As a result of this endeavor, a wholly owned subsidiary has been established and 80 acres of land in the Hi-Tech Defense & Aerospace Park Phase 2 in Bengaluru have been acquired in partnership with SVOLT (China). By 2025, the first phase must be finished.
• Distribution Network: As of FY24, the association has a broad conveyance framework comprising of distribution centers and deals workplaces, alongside in excess of 115,000 immediate and backhanded vendors all through India. Over 300 SF batteries Power Bay locations and over 1,700 Exide Care locations are under the management of Exide.

Lithium-ion foray

The company has entered this market through:

Exide Energy Solutions Limited (ESSL)-A WOS for the production of lithium-ion cells was established in FY22. The project has a planned capacity of 12 GWh and a cost of Rs. 6,000 crore. It will be carried out in two phases. The organization is into the development of cutting edge science cells (tube shaped, pocket, kaleidoscopic). Additionally, the business manufactures, assembles, and markets battery packs and modules.

Exide Energy Private Limited (EEPL) –The organization’s WoS, which plans and delivers Li-particle modules, packs, and Battery The board Frameworks for e-versatility (EV) and fixed power applications, works in Prantij, Gujarat and has converged with EESL since March 24.

Exide Industries Fundamentals & Quarterly Results

Market Cap	₹ 46,261 Cr.
Current Price	₹ 544
High / Low	₹ 620 / 242
Stock P/E	54.6
Book Value	₹ 152
Dividend Yield	0.37 %
ROCE	10.2 %
ROE	7.05 %
Face Value	₹ 1.00
Debt to Equity	0.09
Debt Capacity	0.19
Debt Preceding Year	₹ 588 Cr.
Debt	₹ 1,123 Cr.
Reserves	₹ 12,801 Cr.
EPS	₹ 10.3
EPS Last Year	₹ 10.3
Pledged Percentage	0.00 %
FCF Prev Ann	₹ -217 Cr.
EV/EBITDA	25.2
Industry P/E	32.6
PEG Ratio	29.5
Piotroski Score	6.00
Earnings Yield	2.76 %
Sales Growth 5 Years	2.64 %

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Exide Quarterly Results

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Sales	3,523	4,022	3,841	3,538	3,677	4,245	4,372	3,980	4,173
Expenses	3,191	3,634	3,410	3,140	3,305	3,807	3,872	3,548	3,725
Operating Profit	332	387	431	398	372	438	499	432	448
OPM %	9%	10%	11%	11%	10%	10%	11%	11%	11%
Other Income	3,832	30	36	24	36	23	38	25	5
Interest	21	16	18	19	21	24	30	32	31
Depreciation	116	122	123	127	131	132	141	145	142
Profit Before Tax	4,026	280	326	276	256	304	366	281	281
Tax %	2%	28%	26%	28%	29%	26%	26%	28%	34%
Net Profit	3,953	202	241	198	181	224	270	203	186
EPS (₹)	46.58	2.39	2.84	2.34	2.12	2.62	3.17	2.36	2.17

CAGR Report

	10 Years	5 Years	3 Years	TTM/1 Year
Compounded Sales Growth	7%	3%	17%	11%
Compounded Profit Growth	5%	2%	2%	7%
Stock Price CAGR	13%	24%	45%	118%
Return on Equity	16%	17%	19%	7%

Exide Shareholding Pattern

Metric	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Jun 2024
Promoters	45.99%	45.99%	45.99%	45.99%	45.99%	45.99%	45.99%	45.99%
FIIs	10.61%	9.93%	9.41%	11.95%	10.13%	12.32%	13.57%	13.74%
DIIs	23.11%	23.84%	23.48%	24.56%	19.16%	18.92%	18.57%	17.87%
Government	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	20.28%	20.23%	21.12%	17.49%	24.71%	22.76%	21.88%	22.39%
No. of Shareholders	1,27,079	1,49,444	1,92,859	3,60,771	8,04,288	7,17,785	9,43,331	10,75,62

Exide Share Price Target 2024-2030 Forecast

Year	Initial Target	Mid-Year Target	Year-End Target
2024	₹734	₹940	₹1064
2025	₹1086	₹1021	₹1218
2026	₹1242	₹1167	₹1394
2027	₹1422	₹1336	₹1595
2028	₹1627	₹1529	₹1825
2029	₹1862	₹1750	₹2089
2030	₹2131	₹2003	₹2391

Exide Industries Share Price Target 2025

Month	Target
January	₹1086
February	₹1108
March	₹1130
April	₹1092
May	₹1056
June	₹1021
July	₹1062
August	₹1104
September	₹1148
October	₹1171
November	₹1194
December	₹1218

Exide Industries Share Price Target 2026

Month	Target
January	₹1242
February	₹1267
March	₹1292
April	₹1249
May	₹1207
June	₹1167
July	₹1214
August	₹1263
September	₹1314
October	₹1340
November	₹1367
December	₹1394

Exide Industries Share Price Target 2027

Month	Target
January	₹1422
February	₹1450
March	₹1479
April	₹1430
May	₹1382
June	₹1336
July	₹1389
August	₹1445
September	₹1503
October	₹1533
November	₹1564
December	₹1595

Exide Industries Share Price Target 2028

Month	Target
January	₹1627
February	₹1660
March	₹1693
April	₹1637
May	₹1582
June	₹1529
July	₹1590
August	₹1654
September	₹1720
October	₹1754
November	₹1789
December	₹1825

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Exide Industries Share Price Target 2029

Month	Target
January	₹1862
February	₹1899
March	₹1937
April	₹1872
May	₹1810
June	₹1750
July	₹1820
August	₹1893
September	₹1969
October	₹2008
November	₹2048
December	₹2089

Exide Industries Share Price Target 2030

Month	Target
January	₹2131
February	₹2174
March	₹2217
April	₹2143
May	₹2072
June	₹2003
July	₹2083
August	₹2166
September	₹2253
October	₹2298
November	₹2344
December	₹2391

Key Factors Before Investing in Exide Stocks

• Analyze Exide Industries Limited Stock’s financial performance, growth in revenue, debt levels, cash flow, and net profit prior to investing.
• Over the past few years, Exide Industries’ profits and revenue have consistently increased. which is beneficial to the stock price of the company.
• The price of lead, which is a crucial raw material for the production of batteries, can have an effect on the share price of Exide Industries Limited. Globally and in India, EV markets are expanding rapidly.
• Exide Industries Limited faces a challenge developing batteries for electric vehicles as a result of this.
• Since exports account for a portion of Exide Industries Limited’s revenue, global market conditions also have an impact on the company’s share price.
• Should consider the essentials of Exide Ventures Restricted like cost to-income proportion (P/E), market valuation, cost to-book (P/B) proportion, and so on.

Final Words

One of India’s largest battery manufacturers is Exide Industries Limited. Exide Ventures is Recorded In both NSE and BSE. We’ll talk about the Exide Share Price Target for 2024, 2025, and 2030 in this post. The fundamental analysis and past performance will be the foundation for the price prediction made by Exide Industries Limited. As of April 15, 2024, the share price of Exide Industries Limited is 409.05. In recent times, investors have received favorable returns from Exide Industries Limited. In the past five years, Exide Industries has generated returns of 87.69 percent.