- Exide Industries‘ net income for 1Q is 2.8 billion rupees, which is a 16% increase year-over-year (y/y), but below the estimate of 3.46 billion rupees.
- Revenue for the quarter is 43.1 billion rupees, up 5.9% y/y, while the estimate was 44.27 billion rupees.
- Total costs have risen to 39.5 billion rupees, reflecting a 4.8% increase y/y.
- EBITDA stands at 4.94 billion rupees, which is a 14% increase y/y, but falls short of the estimated 5.88 billion rupees.
- The EBITDA margin has improved to 11.5%, compared to 10.6% y/y, but is still below the projected 13.7%.
- Market analysts have mixed opinions: 11 buy ratings, 6 hold ratings, and 6 sell ratings.
A look at Exide Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Investors looking into Exide Industries may find promise in the company’s overall outlook based on its Smart Scores. With a Resilience score of 4 and a Momentum score of 5, Exide Industries appears to be positioned well for potential long-term growth. The company’s focus on resilience suggests a strong ability to weather uncertainties, while its momentum indicates a positive trend in its market performance.
Additionally, Exide Industries‘ balanced scores across Value, Dividend, and Growth factors, all rated at 3, further underline a stable standing in these crucial areas. This suggests a solid foundation for sustainable development and potential returns for investors over time. With its diverse manufacturing portfolio catering to various industries, including automobiles, railways, and power stations, Exide Industries showcases versatility in its product offerings. Overall, these Smart Scores paint a positive picture for Exide Industries‘ future prospects.
### Exide Industries Ltd. manufactures a wide range of lead and electric storage batteries. The Company’s batteries cater to applications in automobiles, railways, aircraft, power stations, telephone exchanges, and other sectors. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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