Commenting on the result, Managing Director Suvamoy Saha said: “It has been an endeavour to bring salience to under-indexed areas within batteries and flashlights and over here our teams have made good progress.

Eveready Industries Q1 Results: PAT rises 14% to Rs 24.86 cr, revenue up 8%

The company had posted a net profit of Rs 21.85 crore in the April-June period a year ago, Eveready Industries said in a regulatory filing.

Eveready Industries Q1 profit up 13.8% to Rs 24.86 crore, revenue up 8.4% to Rs 363.57crore

Profit After Tax during Q1 showed healthy improvement on the back of operating growth, the company said.

Eveready Industries Q1 Results: Profit Up 13.77%, Revenue Rises 8.4%

Eveready expects to break-even in consumer lighting biz in FY24, plans to explore new avenues for diversification. It aims to premiumise offerings, grow market share in flashlights segment to achieve higher growth. It holds 54% share in battery market, plans to grow premium segment share to 10%. Ai…

Eveready Industries expects lighting business to break even in FY24

The immediate resistance for the Eveready Industries stock is at ₹355. The chances that the stock will break this resistance in the coming days are high.

Stock to buy today: Eveready Industries (₹343.95)

Eveready Industries India Ltd expects to expand its gross margin and achieve an EBITDA margin of nearly 10% in FY24, driven by growth across businesses and the premiumisation trend.

Eveready Industries aims for higher EBITDA margin in FY24, focusing on growth and premiumisation

Eveready Industries: In a Q&A, the non-executive director who spearheaded the firm’s change of hands from the Khaitan family to the Burmans, says he plans to sustain the current level of growth, if not exceed it

Eveready will focus on growth but in a profitable manner: Mohit Burman

Batteries and flashlights maker Eveready Industries India Ltd has cut the number of its direct distributors to 1,000, from 5,000 earlier, as part of a network revamp strategy to drive efficiency, according to company Managing Director Suvamoy Saha.

Eveready Industries cuts number of direct distributors to 1,000 from 5,000

Eveready Industries India has made changes to its distribution network, which involves trimming direct distributors from 5,000 to a more manageable and efficient 1,000. The change, however, will not affect business with the remaining manufacturers, and the others will continue business with the comp…

Eveready Industries cuts number of direct distributors to 1,000 from 5,000 earlier

Eveready Industries shares rose 56.74 per cent to hit a high of Rs 299.35 crore on BSE. Despite this, the stock has fallen 11.43 per cent year-to-date.

Eveready Industries shares jump 7% as Q4 loss narrows

Eveready, on Tuesday, has reported its earning result for its fourth quarter and fiscal year ending March 31, 2023. Eveready Industries India Limited deals with dry cell batteries, rechargeable batteries, flashlights, and lighting products.

Eveready announces Q4 results, standalone net loss narrows to ₹21.87 crores

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Eveready Industries India Limited is engaged in the business of marketing of fast moving consumer goods (FMCG), such as dry cell batteries, rechargeable batteries, flashlights, packet tea and general lighting products.