Eveready Industries India Limited
Eveready Industries India Limited manufactures and markets dry cell batteries, flashlights, and lighting and electrical products in India and internationally. The company offers zinc carbon, alkaline, coin cell, and rechargeable batteries, as well as chargers; and plastic light-emitting diode (LED), brass, aluminum, and rechargeable torches; and portable lanterns. It also provides consumer lighti… Read more
Eveready Industries India Limited (EVEREADY) - Net Assets
Latest net assets as of September 2025: ₹4.73 Billion INR
Based on the latest financial reports, Eveready Industries India Limited (EVEREADY) has net assets worth ₹4.73 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹11.61 Billion) and total liabilities (₹6.88 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹4.73 Billion |
| % of Total Assets | 40.73% |
| Annual Growth Rate | 0.19% |
| 5-Year Change | 88.27% |
| 10-Year Change | -30.09% |
| Growth Volatility | 25.46 |
Eveready Industries India Limited - Net Assets Trend (2005–2025)
This chart illustrates how Eveready Industries India Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eveready Industries India Limited (2005–2025)
The table below shows the annual net assets of Eveready Industries India Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹4.61 Billion | +19.24% |
| 2024-03-31 | ₹3.87 Billion | +21.06% |
| 2023-03-31 | ₹3.19 Billion | +10.13% |
| 2022-03-31 | ₹2.90 Billion | +18.43% |
| 2021-03-31 | ₹2.45 Billion | -55.91% |
| 2020-03-31 | ₹5.56 Billion | +47.78% |
| 2019-03-31 | ₹3.76 Billion | +9.68% |
| 2018-03-31 | ₹3.43 Billion | +18.38% |
| 2017-03-31 | ₹2.90 Billion | -56.11% |
| 2016-03-31 | ₹6.60 Billion | +5.60% |
| 2015-03-31 | ₹6.25 Billion | +5.25% |
| 2014-03-31 | ₹5.93 Billion | +1.60% |
| 2013-03-31 | ₹5.84 Billion | +15.10% |
| 2012-03-31 | ₹5.07 Billion | -21.37% |
| 2011-03-31 | ₹6.45 Billion | -0.41% |
| 2010-03-31 | ₹6.48 Billion | +16.87% |
| 2009-03-31 | ₹5.55 Billion | -3.11% |
| 2008-03-31 | ₹5.72 Billion | -7.04% |
| 2007-03-31 | ₹6.16 Billion | -3.97% |
| 2006-03-31 | ₹6.41 Billion | +44.53% |
| 2005-03-31 | ₹4.44 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eveready Industries India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 132398500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹1.32 Billion | 28.71% |
| Common Stock | ₹363.40 Million | 7.88% |
| Other Comprehensive Income | ₹1.28 Billion | 27.81% |
| Other Components | ₹1.64 Billion | 35.59% |
| Total Equity | ₹4.61 Billion | 100.00% |
Eveready Industries India Limited Competitors by Market Cap
The table below lists competitors of Eveready Industries India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Smartgen (Zhengzhou) Technology Co. Ltd. A
SHE:301361
|
$196.68 Million |
|
Naturgy BAN SA
BA:GBAN
|
$196.70 Million |
|
Wildcat Resources Ltd
AU:WC8
|
$196.73 Million |
|
Shandong Donghong Pipe Ind Co
SHG:603856
|
$196.76 Million |
|
Gemac Engineering Machinery Co. Ltd.
SHE:301048
|
$196.62 Million |
|
Gran Tierra Energy Inc
NYSE MKT:GTE
|
$196.60 Million |
|
Zhengzhou J and T Hi Tech Co
SHE:300845
|
$196.58 Million |
|
Xuelong Group Co Ltd
SHG:603949
|
$196.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eveready Industries India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,867,126,000 to 4,611,000,000, a change of 743,874,000 (19.2%).
- Net income of 824,400,000 contributed positively to equity growth.
- Dividend payments of 72,700,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,300,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹824.40 Million | +17.88% |
| Dividends Paid | ₹72.70 Million | -1.58% |
| Other Comprehensive Income | ₹2.30 Million | +0.05% |
| Other Changes | ₹-10.13 Million | -0.22% |
| Total Change | ₹- | 19.24% |
Book Value vs Market Value Analysis
This analysis compares Eveready Industries India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.76x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.79x to 4.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹79.53 | ₹301.70 | x |
| 2006-03-31 | ₹99.44 | ₹301.70 | x |
| 2007-03-31 | ₹85.02 | ₹301.70 | x |
| 2008-03-31 | ₹78.74 | ₹301.70 | x |
| 2009-03-31 | ₹71.84 | ₹301.70 | x |
| 2010-03-31 | ₹89.30 | ₹301.70 | x |
| 2011-03-31 | ₹89.02 | ₹301.70 | x |
| 2012-03-31 | ₹70.15 | ₹301.70 | x |
| 2013-03-31 | ₹80.36 | ₹301.70 | x |
| 2014-03-31 | ₹81.65 | ₹301.70 | x |
| 2015-03-31 | ₹85.93 | ₹301.70 | x |
| 2016-03-31 | ₹90.74 | ₹301.70 | x |
| 2017-03-31 | ₹39.83 | ₹301.70 | x |
| 2018-03-31 | ₹47.15 | ₹301.70 | x |
| 2019-03-31 | ₹51.71 | ₹301.70 | x |
| 2020-03-31 | ₹76.43 | ₹301.70 | x |
| 2021-03-31 | ₹33.69 | ₹301.70 | x |
| 2022-03-31 | ₹39.91 | ₹301.70 | x |
| 2023-03-31 | ₹43.95 | ₹301.70 | x |
| 2024-03-31 | ₹53.20 | ₹301.70 | x |
| 2025-03-31 | ₹63.43 | ₹301.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eveready Industries India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.88%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.13%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 2.36x
- Recent ROE (17.88%) is above the historical average (3.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 10.44% | 7.07% | 0.58x | 2.56x | ₹19.51 Million |
| 2006 | 12.51% | 10.66% | 0.58x | 2.03x | ₹160.77 Million |
| 2007 | -3.66% | -2.69% | 0.64x | 2.12x | ₹-841.14 Million |
| 2008 | -3.38% | -2.28% | 0.67x | 2.20x | ₹-765.52 Million |
| 2009 | 3.50% | 2.26% | 0.74x | 2.10x | ₹-360.53 Million |
| 2010 | 19.60% | 11.52% | 0.82x | 2.08x | ₹623.12 Million |
| 2011 | -2.16% | -1.30% | 0.82x | 2.01x | ₹-786.71 Million |
| 2012 | -17.27% | -8.00% | 0.94x | 2.29x | ₹-1.39 Billion |
| 2013 | 0.87% | 0.49% | 0.94x | 1.88x | ₹-533.37 Million |
| 2014 | 2.29% | 1.18% | 1.04x | 1.87x | ₹-457.55 Million |
| 2015 | 7.83% | 3.83% | 1.17x | 1.75x | ₹-135.35 Million |
| 2016 | 7.67% | 3.82% | 1.17x | 1.71x | ₹-153.63 Million |
| 2017 | 32.31% | 6.89% | 1.69x | 2.78x | ₹645.78 Million |
| 2018 | 15.51% | 3.64% | 1.42x | 3.00x | ₹188.86 Million |
| 2019 | 12.72% | 3.21% | 1.23x | 3.21x | ₹102.36 Million |
| 2020 | 32.09% | 14.76% | 0.96x | 2.26x | ₹1.23 Billion |
| 2021 | -127.19% | -25.18% | 1.22x | 4.15x | ₹-3.36 Billion |
| 2022 | 16.02% | 3.88% | 1.27x | 3.24x | ₹174.64 Million |
| 2023 | 8.65% | 2.09% | 1.34x | 3.08x | ₹-43.20 Million |
| 2024 | 17.27% | 5.13% | 1.35x | 2.49x | ₹280.98 Million |
| 2025 | 17.88% | 6.13% | 1.24x | 2.36x | ₹363.30 Million |
Industry Comparison
This section compares Eveready Industries India Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $8,990,537,538
- Average return on equity (ROE) among peers: 13.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eveready Industries India Limited (EVEREADY) | ₹4.73 Billion | 10.44% | 1.46x | $196.63 Million |
| Aartech Solonics Limited (AARTECH) | $246.68 Million | -0.79% | 0.21x | $4.50K |
| Apar Industries Limited (APARINDS) | $6.28 Billion | 17.42% | 4.19x | $1.83 Billion |
| Amara Raja Batteries Limited (ARE&M) | $67.99 Billion | 13.74% | 0.32x | $928.91 Million |
| Bharat Bijlee Limited (BBL) | $6.51 Billion | 2.21% | 0.60x | $216.37 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $-842.90 Million | 0.00% | 0.00x | $5.60 Billion |
| CMI Limited (CMICABLES) | $1.75 Billion | 60.44% | 0.92x | $725.46K |
| Cords Cable Industries Limited (CORDSCABLE) | $865.72 Million | 4.84% | 1.48x | $10.04 Million |
| De Nora India Limited (DENORA) | $392.64 Million | 10.83% | 0.24x | $18.07 Million |
| Dynamic Cables Limited (DYCL) | $1.77 Billion | 17.48% | 1.27x | $46.07 Million |
| Elin Electronics Limited (ELIN) | $4.93 Billion | 5.44% | 0.49x | $33.83 Million |