|Market Cap||2,506 Cr||EPS||3.0||High||373|
|Stock P/E||114.5||Net Profit Margin||3.9||Low||348.05|
Eveready Industries Price chart
|Market Cap||2,506 Cr||ROE||17.9%|
|P/B Ratio||7.5||Dividend Yield||0.0%|
|Industry P/E||19.9||Book Value||45.7|
About the Company
Eveready Industries India incorporated in 1934, is a well-known name in dry cell batteries segment. Earlier, the company was a subsidiary of Union Carbide Corporation, US that later was acquired by B M Khaitan and the Williamson Magor group of companies.
Besides dry cell batteries, the company also manufactures flashlights (torches), LED lights, mosquito repellant, packet tea and home appliances. Eveready has pan-India state-of-the-art manufacturing facilities at Chennai, Lucknow, Noida, Haridwar, Maddur and Kolkata and is supported by a sales and distribution network across the country. Eveready also has a state-of-the-art packaging unit for packet tea at Chuapara T.E.
In 1995, company formed a JV with Ralston Purina Overseas Battery Company of US to establish Energizer India- a private limited company that would be engaged in manufacturing of reowned Energizer brand of alkaline batteries in India. The same year, in order to develop rechargeable Ni-Cd and Ni-Mg batteries in India, company entered a MoU with Gold Peak Industries of Hong Kong.
In 1999-2000 the company established a new poly sleeve jacketed battery line at Camperdown Works in Calcutta.
Later company started manufacturing batteries for watches. In April 2004 Eveready Industries India was demerged into two separate companies namely McLeod Russel India and Eveready Industries India. Eveready has the second largest retail distribution network in India. Later with an investment of Rs.60 crores company established a unit situated in Uttaranchal to manufacture of dry cell batteries with a capacity of 40 crore pieces per annum, this project became operational in 2006.
|Parent Organisation||Eveready Industries India Ltd.||Managing Director||Suvamoy Saha|
All values are in Rs Cr
|Company||52 Week||Market Price||P/E Ratio|
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