Added to YB: 2025-08-29
Pitch date: 2025-07-08
EVEREADY.NS [bullish]
Eveready Industries India Limited
-1.53%
current return
Author Info
No bio for this author
Company Info
Eveready Industries India Limited manufactures and markets dry cell batteries, flashlights, and lighting and electrical products in India and internationally.
Market Cap
INR 30.5B
Pitch Price
INR 330.51
Price Target
N/A
Dividend
0.36%
EV/EBITDA
21.71
P/E
36.63
EV/Sales
2.45
Sector
Household Products
Category
turnaround
Eveready Industries India Limited - $EVEREADY.NS
EVEREADY.NS: Burman family (Dabur) acquired India's battery leader, deployed capital at >50% IRR. Sales +11%, EBIT +30%, NOPAT +155% since acquisition but stock only +10%. Trading 15x adjusted NOPAT despite 53% battery market share. Alkaline plant & BIS standards create barriers. Strong brand recall, proven mgmt execution.
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