Exide Industries Reports Stable Performance Amid Ongoing Operational Efficiency Challenges

Exide Industries, a midcap player in the Auto Components & Equipment sector, has recently undergone a financial trend adjustment, reflecting a more stable performance in its latest quarter ending June 2025. The company reported its highest net sales at Rs 4,695.12 crore, alongside a peak PBDIT of Rs 538.34 crore. Notably, the operating profit to net sales ratio reached 11.47%, and profit before tax (PBT) less other income stood at Rs 357.34 crore, contributing to a robust profit after tax (PAT) of Rs 272.99 crore and an earnings per share (EPS) of Rs 3.21.
However, challenges remain, particularly with a return on capital employed (ROCE) at a low of 8.34% and a debtors turnover ratio of 10.22 times, indicating areas for improvement in operational efficiency.

In terms of market performance, Exide Industries has faced a decline in stock returns over various periods, with a notable drop of 20.68% over the past year, contrasting with a modest gain in the Sensex. Despite this, the company has shown resilience over the longer term, with significant returns over three, five, and ten years, outperforming the Sensex in those timeframes.