Eveready Industries India Ltd Share Price Target

Rate this post

Eveready Industries India Ltd Share Price Target – 2025 to 2040 | Eveready Industries India Ltd Share Price Target – 2030

Written by – Parth Jayswal

Table of Contents

Introduction

Eveready Industries India Ltd Share Price Target - 2025 to 2040

WhatsApp Group Join Now

Telegram Group Join Now

Instagram Group Join Now

The consumer goods sector in India includes wide variety of products which fulfills day-to-day requirements and lifestyle preferences of consumers. The sector has achieved unique identity to due to its large customer base, various product portfolio, and changing consumer choices. The industry has shown humble growth in the year gone which shows smooth rural requirements. Less development is mainly due to drop in rural spending, supported by huge inflation, weak rainfall, and low increment in wages.
Nelcast Ltd Share Price Target – 2025 to 2040
Moreover, requirement is projected to recover in FY 23-24 which observed more commodity costs, FY 24-25 is projected to observe some volatility due to geopolitical issues and rise in crude oil prices. Due to massive change in Indian consumer goods sector, various unique strategies are executed to encourage growth in future. This consists of developing strong rural distribution channel, concentrating on D2C channels, consistent improvement of product, highlighting e-commerce, and an increase in category among others. This will act as strong base for smooth growth moving ahead.
Suprajit Engineering Ltd Share Price Target – 2025 to 2040
Batteries Industry overview – The market size of Indian dry cell batteries includes carbon zinc and alkaline segments is projected to reach Rs 3000 crores in retail segment. In terms of volume it is forecasted to reach 2.2 billion pieces. The increment in battery market is dependent on use of portable products which provide energy sources. The contribution made by rural market is higher due to lack of electricity supplies. The carbon zinc batteries has made major contribution in the industry which is around 90% of total market value, whereas alkaline has made contribution of 10%. The carbon zinc category has shown compounded single-digit growth while alkaline segment has observed huge growth.
Cera Sanitaryware Ltd Share Price Target – 2025 to 2040
Alkaline segment has huge scope of growth due to increasing disposable income and low levels of entering into the market. The dry cell battery segment is divided into two parts: high and low drain devices. These devices include clocks, flashlights, TV/AC remotes, etc. Alkaline batteries are mainly used in devices which consumer more energy such as fire stick remotes, digital cameras, high end toys, key boards and mouses. The importance of alkaline batteries is very less in India compared to countries such as Brazil, China, and USA and provide huge scope of development.
Supreme Petrochem Ltd Share Price Target – 2025 to 2040
Flashlights Industry overview – The market size of total flashlights if forcasted to reach Rs 1200 crores in retail segment out of which 1/3rd market is captured by battery flashlights and 2/3rd is captured by rechargeable flashlights. The market share captured by company in battery based flashlight market is projected to reach high by 50%. The flashlights market in India has observed huge growth in past few years which has led to rising demand of portable lighting solutions in different sectors including industrial, outdoor, home, commercial, and emergency use. Moreover, there is huge priority of rechargeable flashlights due to low cost and environment friendly compared to battery based flashlights. Rechargeable flashlights provide easiness of recharging battery multiple times, minimizing the requirement of disposable batteries. In this article, we will learn interesting information about Eveready Industries India Ltd Share Price Target, market cap, ROCE, ROE, promoter, shareholding pattern, employees, headquarters, revenue, and net profit.

Eveready Industries India Ltd – Key Points

Name of the Promoter	MB Finamart Pvt. Ltd
Industry	Consumer Electrical Goods
Headquarters	Kolkata, India
Established	1934
Employees	1,481
Dry cell batteries sold annually	1.3 billion
Flashlights sold annually	18 million

Eveready Industries India Ltd – Statistics

Market cap	Rs 2,284 crores
ROCE	17%
ROE	19.5%
Market share in India dry cell battery segment	50%
Sponataneous brand recall	85%
LED Lights sold annually	30 million
No. 1 player	Battery + Flashlight
Stock PE	27.7 times

About Eveready Industries India Ltd

Eveready Industries India Ltd (EIIL) is one of the top player in India’s consumer goods companies which has developed strong presence in dry cell batteries along with flashlights and has strong presence in lighting with its products and brands has developed huge popularity in every houses of India with over 100 years and more. The company is top player in dry cell batteries and flashlights markets in India.The company’s product basket in national market includes dry cell and rechargeable batteries under brand names, “PowerCell”, “Eveready”, “Shakti”, and “Uniross”, Flashlights and lanterns under brand names ‘Eveready’ and ‘PowerCell’ and LED bulbs and luminaries under the brand names ‘Eveready’ and ‘PowerCell’.
Ask Automotive Ltd Share Price Target – 2025 to 2040
The battery segment has made major contribution of 65% of total revenue, after which lighting has attained 23% and flashlights at 12%. The ‘Eveready’ brand fulfills requirements of various portable energy needs of modern India which is improving daily life of people’s quality, thus gaining trust of consumers. The company has wide variety of products which provides extensive selection to cater different needs. The company has captured more than 50% market share in India for dry cell batteries. The market share has been rising over the period of time due to consistent efforts made by company to develop strong footprint while developing new and creative products to current portfolio. The company has revealed new logo and tagline with purpose to engage with new generation of customers. The company has developed new tagline for brand ‘Give me Power’, ‘Give me Red’ was introduced throughout the year in maintaining with crucial requirement of brand to build a relevant and contemporary identity. The new variety of ‘Eveready Ultima’ of alkaline batteries were launched through the year.
The company has strong and very well diversified manufacturing unit with plant spread across 6 locations namely Lucknow, Haridwar, Noida, Kolkata, Matia, and Maddur. All these manufacturing units follow international guidelines and systematic protocols. Moreover, the company has its own Research and Development unit which is approved by the Department of Scientific and Industrial Research (DSIR), Ministry of Science and Technology, Government of India.
Batteries – The company is proud of itself as it is top player in dry cell battery segment which has huge dominance of 53% market share in India. The brand consistently maintains best quality guidelines exceeding customer requirements. The company has broad variety of products and huge recall value, the company provides wide variety of options from traditional to rechargeable batteries which acts as various needs of India’s unique consumer landscape. The Eveready batterys are important in day-to-day life by providing energy in AC/TV remotes of households and huge variety of portable devices. The company has give preference to develop best quality modern battery products that fulfill requirement of diversified portable energy requirements of new India by adding huge value to lives of customers.
Flashlights – The company has made consistent innovation to lighten up technology for over 100 years by setting up as torch bearer in the portable lighting sector. The LED flashlights are popular for their practicality and style to fulfill broad variety of indoor and outdoor lighting requirements. The company has precisiely focus on design, adaptability, and consistent efforts on fulfilling requirements of customers, the company consistently provides lighting solutions that fulfill various needs of consumers. The company has achieved top position in the field of portable lighting solution due to its name being synonymous in torches and flashlights for over 100 years. The company has consistently achieved 1st position in Torch brand. The company has bee constsantly building, creating some of practical and unique variety of LED flashlights and has given priority to rechargeable flashlight portfolio. The company is the first to produce brass and aluminium torches at huge level and present our customers to modern digiLED technology.
Lighting – The company has achieved expertise in creating LED lighting solutions customized to fulfill requirements of both rural and urban consumers across India. The company gives priority to best quality product which is dynamic and unique is smoothly created to assure energy effective and environment friendly. The company has huge dedication in building innovative products which acts as motivation, the company is looking to improve both indoor and outdoor environments which provides convenient to users at each place.
The company integrates the potential of manufacturing units supplied with modern infrastructure and equipment, and advanced technologies. These manufacturing plant is accurately developed to build best quality products, fulfilling guidelines within the sector. The company has proud in talented R&D team working consistently with dual strategy: presenting modern products that fulfill various requirement of customers while improving processes with constant innovation. This dual strategy encourages us to provide best quality products by maintaining value. The company has achieved unique position, consistently crossing boundaries, and rebuilding industry guidelines. the company has long legacy deeply integrated in pioneering spirit and strong commitment to perform better, the company is looking to move forward, led by ingenuity and thinking ahead. The Research and Development unit since its beginning in 1976, remains most ahead of our innovation. The well-known scientists has provided guidance, this manufacturing unit has received lot of recognition from Department of Science and Industrial Research (DSIR), government of India.
The company is looking to increase growth by expanding wide variety of products and distribution channel. Moreover, the company has launched unique products for consumer and professional segments and improvebrandingg andmarketingg strategies for better recall.

Revenue and net profit

Particulars	FY-25 (Rs. in crores)
Sales	1,345
Expenses	1,192
EBITDA	152
Other income	1
Interest	26
Depreciation	30
Profit before tax	99
-Tax (%)	(16%)
Net profit	82
EPS in Rs.	11.34

Balance Sheet (FY-25)

Liabilities	Rs	Assets	Rs
Equity Capital	36	Fixed Assets	305
Reserves	422	CWIP	80
Borrowings	312	Investments	10
Other Liabilities	314	Other Assets	689
Total Liabilities	1,084	Total Assets	1,084

Shareholding Pattern (March 2025)

Promoters	43.19%
FIIs	4.86%
DIIs	2.63%
Public	49.34%

Eveready Industries India Ltd – Watch Full Video

Disclaimer – Stock market is a highly volatile market and unstable. Do your proper research and study before investing. Our website aims to provide information regarding the stock market. We are not responsible if you suffer any loss. Spend enough time on research. We are not providing investment or financial advice.