Exide Industries Ltd Share Price Target 2024, 2025 to 2030

Exide Industries Limited (Exide), headquartered in Kolkata, India, stands as the leading manufacturer of lead-acid storage batteries and power storage solutions in the country. The company operates ten state-of-the-art factories spread across five states, including Ahmednagar, Chinchwad, and Taloja in Maharashtra; Haldia and Shyamnagar in West Bengal; Roorkee and Haridwar in Uttarakhand; Hosur in Tamil Nadu; Bawal in Haryana; and Prantij in Gujarat. Exide also has manufacturing facilities in Sri Lanka, the UK, and Singapore, and exports its products to over 60 countries globally. With a robust distribution network exceeding 95,000 distributors, dealers, and sub-dealers, Exide has a significant international footprint.

Expanding its product portfolio, Exide has ventured into lithium-ion cell manufacturing through its subsidiary, Exide Energy Solutions Limited (EESL). EESL is establishing a 12 gigawatt-hour (GWH) greenfield cell manufacturing plant in Bengaluru, Karnataka, to support India’s electric vehicle (EV) market and stationary applications. Currently, EESL produces and sells lithium-ion battery modules and packs from its facility in Prantij, Gujarat. Additionally, through its wholly-owned subsidiary, Chloride Metals Limited, Exide operates three advanced lead recycling plants in West Bengal, Maharashtra, and Karnataka, highlighting the company’s commitment to sustainability and environmental responsibility.

History of Exide Industries Ltd

Exide Industries Limited’s history began in the early 20th century when Exide batteries were imported into India. The major breakthrough came in 1920 with the founding of the Chloride Electrical Storage Company (CESCO), which initially served as an assembly and manufacturing unit. The first manufacturing plant was established in Shyamnagar, West Bengal in 1947, marking the entry of Associated Battery Makers Eastern Limited (ABMEL) into the Indian market. ABMEL’s key brands, Exide and Dagenite (the latter used by Rolls Royce), soon became prominent. The company expanded its product line to include “Iron Clad” batteries for the Railways, and in response to the 1963 Chinese aggression, increased production of defense batteries. The same year, it began producing large stationary batteries for railway track electrification. To meet the rising demand for automobile batteries, Exide established a second factory in Chinchwad, Maharashtra in 1969, strategically located near automobile Original Equipment Manufacturers (OEMs).

Products of Exide Industries Ltd

Exide Industries Limited offers a comprehensive range of products tailored to various sectors, including automotive, industrial, inverter, and home UPS applications. In the automotive sector, their batteries are used for starting, lighting, and ignition (SLI) applications across a variety of vehicles such as 2-wheelers, 3-wheelers, and 4-wheelers including cars, jeeps, buses, and trucks, as well as primary power sources for E-rickshaws. In the industrial sector, Exide batteries are utilized in numerous applications, covering power generation (both conventional and renewable), telecom, infrastructure projects, IT/ITES industries, railways, mining, and defense sectors. Additionally, Exide is active in the battery energy storage business, designing and integrating power generated from renewable sources for use in remote areas of India. The company also provides specialized submarine batteries to the Indian Navy, demonstrating its expertise in advanced and critical power storage solutions.

How to Purchase Exide Industries Shares in India?

Below are the trading platforms that you can use to purchase Exide Industries shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Exide Industries Share Price Prediction: 2024 - 2030

Exide Industries Share Price Prediction 2024

When	Maximum Price	Minimum Price
July 2024	563.90	490.35
August 2024	586.46	509.97
September 2024	609.92	530.36
October 2024	597.96	519.96
November 2024	621.88	540.76
December 2024	628.10	546.17

The expected stock price range for 2024 be as follows: In July, the maximum price is projected to be ₹563.90, while the minimum price is anticipated to be ₹490.35. By December 2024, the stock price is expected to reach a maximum of ₹628.10 and a minimum of ₹546.17.

Exide Industries Share Price Target 2025

When	Maximum Price	Minimum Price
January 2025	634.38	487.98
February 2025	640.79	492.91
March 2025	654.24	503.26
April 2025	647.76	498.28
May 2025	628.90	483.77
June 2025	657.20	505.54
July 2025	644.31	495.62
August 2025	664.24	510.95
September 2025	672.21	517.08
October 2025	689.69	530.53
November 2025	706.93	543.79
December 2025	738.74	568.26

In 2025, the expected stock price range is as follows: In January, the maximum price is anticipated to be ₹634.38, with a minimum of ₹487.98. As the year progresses, the maximum price is projected to increase, reaching ₹738.74 by December 2025, while the minimum price is expected to be ₹568.26.

Exide Industries Share Price Prediction 2026

When	Maximum Price	Minimum Price
January 2026	760.90	585.31
February 2026	741.88	570.68
March 2026	756.72	582.09
April 2026	772.16	593.97
May 2026	764.52	588.09
June 2026	783.63	602.79
July 2026	768.26	590.97
August 2026	792.02	609.25
September 2026	807.87	621.43
October 2026	828.87	637.59
November 2026	849.59	653.53
December 2026	870.83	669.87

Exide Industries Share Price Target 2027

When	Maximum Price	Minimum Price
January 2027	879.54	676.57
February 2027	902.09	693.92
March 2027	937.27	720.98
April 2027	918.90	706.84
May 2027	892.13	686.25
June 2027	932.28	717.14
July 2027	914.00	703.07
August 2027	942.27	724.82
September 2027	975.24	750.19
October 2027	1,000.60	769.69
November 2027	1,025.62	788.94
December 2027	1,051.26	808.66

Exide Industries Share Price Prediction 2028

When	Maximum Price	Minimum Price
January 2028	1,072.28	824.83
February 2028	1,099.78	845.98
March 2028	1,142.67	878.97
April 2028	1,120.26	861.74
May 2028	1,087.63	836.64
June 2028	1,136.58	874.29
July 2028	1,114.29	857.15
August 2028	1,148.75	883.66
September 2028	1,188.96	914.58
October 2028	1,219.87	938.36
November 2028	1,250.37	961.82
December 2028	1,281.63	985.87

Exide Industries Share Price Prediction 2029

When	Maximum Price	Minimum Price
January 2029	1,307.26	1,005.59
February 2029	1,340.78	1,031.37
March 2029	1,393.07	1,071.59
April 2029	1,365.76	1,050.58
May 2029	1,325.98	1,019.98
June 2029	1,385.65	1,065.88
July 2029	1,358.48	1,044.98
August 2029	1,400.49	1,077.30
September 2029	1,449.51	1,115.01
October 2029	1,487.20	1,144.00
November 2029	1,524.38	1,172.60
December 2029	1,562.48	1,201.91

Exide Industries Share Price Target 2030

When	Maximum Price	Minimum Price
January 2030	1,593.73	1,225.95
February 2030	1,634.60	1,257.38
March 2030	1,698.35	1,306.42
April 2030	1,665.05	1,280.81
May 2030	1,616.55	1,243.50
June 2030	1,689.30	1,299.46
July 2030	1,656.17	1,273.98
August 2030	1,707.39	1,313.38
September 2030	1,767.15	1,359.35
October 2030	1,813.10	1,394.69
November 2030	1,858.43	1,429.56
December 2030	1,904.89	1,465.30

Financial Condition of Exide Industries: Last 5 Years

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	14,471	10,359	12,789	15,078	16,770
Expenses +	13,014	8,994	11,387	13,485	14,946
Operating Profit	1,457	1,366	1,402	1,593	1,823
OPM %	10%	13%	11%	11%	11%
Other Income +	40	132	3,725	125	88
Interest	108	37	64	79	120
Depreciation	418	394	440	502	560
Profit before tax	972	1,068	4,623	1,138	1,231
Tax %	22%	25%	6%	28%	28%
Net Profit +	762	803	4,357	823	883
EPS in Rs	9.14	9.53	51.38	9.68	10.31
Dividend Payout %	45%	21%	4%	21%	19%

Exide Industries Limited has demonstrated impressive financial growth over the past five years, with sales increasing from ₹14,471 crore in March 2020 to ₹16,770 crore in March 2024, highlighting its expanding market presence. Despite a rise in expenses from ₹13,014 crore to ₹14,946 crore, the company maintained a stable operating profit margin around 11%, with a peak at 13% in March 2021. Operating profit rose from ₹1,457 crore to ₹1,823 crore, reflecting effective cost management. The company’s other income surged to ₹3,725 crore in March 2022 due to extraordinary gains but normalized in subsequent years. Depreciation also increased, indicative of ongoing capital investments, from ₹418 crore to ₹560 crore. Profit before tax peaked at ₹4,623 crore in March 2022, influenced by the extraordinary other income, and then settled at ₹1,231 crore in March 2024. Net profit, which reached ₹4,357 crore in March 2022, moderated to ₹883 crore by March 2024. EPS grew from ₹9.14 to ₹10.31, and the dividend payout ratio varied between 4% and 45%, averaging around 19-21%, reflecting a balanced approach to shareholder returns and growth reinvestment. Overall, Exide Industries has shown resilience and strong financial health, adeptly navigating changing market conditions.

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