Eveready Industries India Ltd (EVEREADY) AI Stock Analysis

• Market Cap: ₹20.57B
• Dividend Yield: 0.46%
• Average Volume (3M): 17.15K
• Price to Earnings (P/E): 80.2
• Beta (1Y): 0.80
• Revenue Growth: 7.37%
• EPS Growth: -39.19%
• Country: IN
• Employees: 1,972
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Electrical Equipment & Parts
• EPS (TTM): 1.02
• Shares Outstanding: 72,687,260
• 10 Day Avg. Volume: 25,039
• 30 Day Avg. Volume: 17,153
• PEG Ratio: 1.15
• Price to Book (P/B): 4.83
• Price to Sales (P/S): 1.66
• P/FCF Ratio: 67.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 14.2
• Revenue Forecast (FY): ₹15.89B

• Rating: 55 Neutral
• Price Target: ₹288.00 ▼(-15.03% Downside)
• Action: Reiterated Date: 11/14/25
• Date: Action: Reiterated 11/14/25

Eveready Industries' overall stock score is primarily influenced by its solid financial performance, despite the need for improved cash flow. Technical analysis indicates bearish momentum, and the stock appears overvalued based on its P/E ratio. These factors suggest caution for potential investors.

Positive Factors

Revenue & Margin Profile

Sustained revenue growth combined with a high gross margin indicates durable product-level profitability and pricing resilience. Improved net margins show recent operational gains that should support continued cash generation and reinvestment capacity across the next several quarters.

Negative Factors

Weak Free Cash Flow Conversion

A low FCF-to-net-income ratio and a drop in free cash flow growth signal that reported profits are not fully converting into cash. That reduces the firm's ability to self-fund capex, pay sustained dividends, or deleverage, limiting financial flexibility over the next several quarters.

Eveready Industries India Ltd Business Overview & Revenue Model

Company Description

Eveready Industries India Limited, together with its subsidiaries, manufactures and markets dry cell and rechargeable batteries, flashlights, and general lighting and electrical products in India. It offers various batteries comprising zinc carbon...

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Eveready Industries India Limited, together with its subsidiaries, manufactures and markets dry cell and rechargeable batteries, flashlights, and general lighting and electrical products in India. It offers various batteries comprising zinc carbon...

How the Company Makes Money

Eveready makes money primarily by manufacturing and selling consumer batteries and portable lighting products under the Eveready brand. Its core revenue stream is the sale of dry cell batteries (used in common household devices such as remotes, cl...

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Eveready makes money primarily by manufacturing and selling consumer batteries and portable lighting products under the Eveready brand. Its core revenue stream is the sale of dry cell batteries (used in common household devices such as remotes, cl...

Eveready Industries India Ltd Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	13.93B	13.45B	13.00B	13.20B	11.96B	12.37B
Gross Profit	6.66B	6.10B	5.51B	5.01B	4.71B	5.47B
EBITDA	1.15B	1.54B	1.43B	1.13B	1.25B	-4.00B
Net Income	458.40M	824.40M	667.69M	276.24M	464.70M	-3.12B
Balance Sheet
Total Assets	11.61B	10.88B	9.63B	9.83B	9.39B	10.16B
Cash, Cash Equivalents and Short-Term Investments	459.90M	61.31M	75.76M	397.10M	531.24M	870.53M
Total Debt	3.57B	3.12B	3.07B	3.98B	3.96B	4.41B
Total Liabilities	6.88B	6.26B	5.76B	6.63B	6.49B	7.72B
Stockholders Equity	4.73B	4.61B	3.87B	3.19B	2.90B	2.45B
Cash Flow
Free Cash Flow	-129.30M	332.00M	1.20B	121.80M	1.22B	1.61B
Operating Cash Flow	413.60M	1.30B	1.54B	365.90M	1.34B	1.73B
Investing Cash Flow	-541.20M	-954.80M	-228.98M	-194.50M	-552.99M	-1.05B
Financing Cash Flow	130.20M	-358.70M	-1.27B	-590.90M	-1.08B	-94.70M

Eveready Industries India Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 338.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EVEREADY, the sentiment is Negative. The current price of 338.95 is above the 20-day moving average (MA) of 297.86, above the 50-day MA of 316.58, and below the 200-day MA of 356.55, indicating a bearish trend. The MACD of -13.10 indicates Positive momentum. The RSI at 39.41 is Neutral, neither overbought nor oversold. The STOCH value of 30.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:EVEREADY.

Eveready Industries India Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
STOVEKRAFT	61 Neutral	₹16.11B	114.54	―	0.50%	7.89%	32.07%
DOLLAR	57 Neutral	₹13.96B	27.11	―	0.82%	11.71%	14.14%
EVEREADY	55 Neutral	₹20.57B	80.19	―	0.46%	7.37%	-39.19%
WEL	51 Neutral	₹10.44B	893.07	―	0.07%	4.28%	32.37%
NIPPOBATRY	44 Neutral	₹2.20B	-9.73	―	1.22%	-21.88%	-106.76%

Eveready Industries India Ltd Corporate Events