Exide Industries shares closed at ₹475.25 on Friday, down 2.11% from the previous close. The decline placed the stock among the biggest fallers on the Nifty Midcap 150 index.
In the quarter ending June 2026, the company reported consolidated revenue of ₹5,528.38 crore, up 17.75% from ₹4,695.12 crore in June 2025. Net profit rose to ₹350.74 crore, a 28% increase over the same period last year. Earnings per share improved from ₹3.21 to ₹4.12, marking a 28.35% jump.
Year‑on‑year figures also show steady growth. Revenue climbed from ₹12,789.22 crore in 2022 to ₹17,995.35 crore in 2026, a 40.71% rise. Net profit grew to ₹859.45 crore in 2026, up 23.62% from ₹695.25 crore in 2022. The annual EPS reached ₹10.05 in March 2026.
Cash flow statements reveal a healthy turnaround. Operating cash flow surged to ₹2,413 crore in March 2026, an 89.7% increase from ₹1,272 crore in March 2025. Despite significant investing outflows, the net cash flow turned positive at ₹69 crore, compared with a negative ₹146 crore in the prior year.
The balance sheet shows a modest decline in total liabilities to ₹21,219 crore, down 0.83% from ₹21,396 crore in March 2025, while total assets remain at ₹21,219 crore. This balance reflects a 52.54% increase from ₹13,910 crore in 2022.
Valuation metrics for March 2026 indicate a P/E of 28.65x and a P/B of 1.76x. The debt‑to‑equity ratio improved to 0.08x, down from 0.11x in March 2025, signalling reduced leverage.
Exide Industries announced a final dividend of ₹2.00 per share on May 4, 2026, payable from July 3, 2026. The company has consistently paid the same dividend in 2024, 2025 and 2023, and issued an interim dividend of ₹2.00 in January 2022.
Recent regulatory disclosures include the earnings call transcript for Q1 FY 2026‑27 on August 6, 2026, an audio recording of an investor meeting held on August 3, 2026, and an investor presentation for Q1 FY 2026‑27 released on August 1, 2026.
Exide Industries remains a key constituent of the Nifty Midcap 150, and its latest share price reflects short‑term market volatility despite strong underlying fundamentals.
