Buy Exide Industries target of Rs 235: YES Securities
YES Securities is bullish on Exide Industries has recommended buy rating on the stock with a target price of Rs 235 in its research report dated May 11, 2023.13-05-2023
13-05-2023
EXIDE INDUSTRIES LTD. - 500086 - Audio Recording Of Q4 FY23 Earnings Call
Dear Sir/Madam, This is in furtherance to our letter ref no. EIL/SEC/2023-24/12 dated 05th May 2023 intimating about the Earnings call scheduled on 11th May 2023. In this regard, kindly note that pursuant to Regulation 30 and 46 read with clause 15 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the earnings call held on 11th May 2023 is uploaded on the Company''s website at www.exideindustries.com.12-05-2023
Exide Industries Results Earnings Call for Q4FY23
Conference Call with Exide Industries Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.11-05-2023
EXIDE INDUSTRIES LTD. - 500086 - Announcement under Regulation 30 (LODR)-Investor Presentation
With reference to our letter May 5 2023, pertaining to intimation of earnings call for analysts/ investors to be held on May 11, 2023 at 03:00 PM IST, we are enclosing herewith the presentation on the Company's performance for the quarter and financial year ended March 31, 2023. This communication is also being uploaded on the website of the Company at www.exideindustries.com.11-05-2023
Exide profit at Rs 180.12 cr in Q4 FY23, number below analyst expectation
Increase in raw material prices hurt profitability on a sequential basis, says battery maker08-05-2023
EXIDE INDUSTRIES LTD. - 500086 - Compliances-Reg.24(A)-Annual Secretarial Compliance
In compliance with SEBI Circular No. CIR/CFD/CMDl /27/2019 dated 8th February 2019, please find enclosed copy of Annual Secretarial Compliance Report dated 8th May, 2023 for the financial year ended 31st March 2023, issued by M/s. Anjan Kumar Roy & Co., Practicing Company Secretary (FCS - 5684 / CP No.- 4557). The above disclosure is also available on the website of the Company at https://www.exideindustries.com .08-05-2023
Q4FY23 Quarterly & FY23 Annual Result Announced for Exide Industries Ltd.
Auto parts & equipments company Exide Industries announced Q4FY23 & FY23 results: Revenue from operations increased by 4% and 18% in Q4FY23 and FY23, respectively In Q4FY23, EBITDA and PBT grew at a steady rate of 5% and 3%, respectively, despite inflationary trends persisting in the economy EBITDA and PBT margins respectively were 10.4% and 7.9% in Q4FY23, compared to 10.2% and 8.0% in Q4FY22 For FY23, EBITDA and PBT have grown at a healthy rate of 12% and 18% respectively Our liquidity position is strong with healthy cash flow generation in FY23, and we maintained our zero-debt position in the balance sheet as on March 31, 2023 The board of directors has proposed a final dividend of Rs 2 per equity share for FY23 Commenting on the performance, Subir Chakraborty, MD & CEO, said, "In Q4FY23, revenue and PBT growth remained steady at 4% and 3%, respectively. Further, the increase in raw material prices compared to the immediate previous quarter has impacted profitability on a sequential basis. However, on a full-year basis, our performance is noteworthy with Sales and PBT growth each at 18%. We are positive on the demand scenario in the near term and our focus remains on delivering profitable growth. We are working towards providing technologically advanced products and solutions to our customers in the lead-acid battery business. Our digitalisation and cost optimisation initiatives have enabled us to achieve efficiencies across processes, which will continue to help us deliver excellent product quality at competitive prices. Our lithium-ion cell manufacturing project is on track and is progressing as per the timelines. With this, we look forward to becoming one of the leading domestic players offering state-of-the-art products and solutions in the fast-growing electric mobility space and stationary space.’ Result PDF08-05-2023
EXIDE INDUSTRIES LTD. - 500086 - Book Closure For The Purpose Of Payment Of Dividend And The AGM For The Financial Year Ended 31St March 2023.
The Board of Directors, at its meeting held today, has recommended a Final dividend of Rs. 2.00 per equity share of face value of Re. 1/- each fully paid up (i.e. 200%) for the financial year ended 31st March 2023 The Board approved the closure of the Register of Members and Share Transfer Books of the Company from Wednesday, 2nd August 2023 to Tuesday, 8th August 2023 (both days inclusive) for taking record of the Members of the Company for the purpose of payment of dividend and the AGM for the financial year ended 31st March 2023. The 76th Annual General Meeting of the Company will be held on Tuesday, 8th August 2023. Dividend, if approved by the shareholders of the Company, shall be paid within 30 days after the conclusion of the AGM to those shareholders, whose names appear in the Company's Register of Members/ Register of Beneficial Owners maintained by the Depositories viz., NSDL & CDSL as at the close of business hours on 1st August 2023.08-05-2023
EXIDE INDUSTRIES LTD. - 500086 - Corporate Action-Board to consider Dividend
The Board of Directors, at its meeting held today, has recommended a Final dividend of Rs. 2.00 per equity share of face value of Re. 1/- each fully paid up (i.e. 200%) for the financial year ended 31st March 2023 The 76th AGM of the Company will be held on Tuesday, 8th August 2023. The Board approved the closure of the Register of Members and Share Transfer Books of the Company from Wednesday, 2nd August 2023 to Tuesday, 8th August 2023 (both days inclusive) for taking record of the Members of the Company Dividend, if approved by the shareholders of the Company, shall be paid within 30 days after the conclusion of the AGM to those shareholders, whose names appear in the Company's Register of Members/ Register of Beneficial Owners maintained by the Depositories viz., National Securities Depository Limited and Central Depository Services (India) Limited as at the close of business hours on 1st August 2023.08-05-2023