India's largest dry-cell battery maker (50%+ share); also makes flashlights and LED lighting products.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 |
| Reserves | 519 | 209 | 254 | 283 | 350 | 425 | 436 | 587 |
| Borrowings | 394 | 447 | 396 | 398 | 307 | 312 | 357 | 202 |
| Other Liabilities | 307 | 330 | 253 | 265 | 270 | 314 | 331 | 389 |
| Total Liabilities | 1.3k | 1.0k | 939 | 983 | 963 | 1.1k | 1.2k | 1.2k |
| AssetsFixed Assets | 328 | 314 | 305 | 310 | 293 | 304 | 303 | 276 |
| CWIP | 3 | 3 | 4 | 1 | 8 | 81 | 128 | 176 |
| Investments | 5 | 1 | 0 | 8 | 8 | 8 | 8 | 0 |
| Other Assets | 919 | 704 | 630 | 664 | 654 | 695 | 722 | 761 |
| Total Assets | 1.3k | 1.0k | 939 | 983 | 963 | 1.1k | 1.2k | 1.2k |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
EVEREADY · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.