Case study

EVEREADY

Eveready Industries India Limited

Worth a closer look1y model +4.2%

Each stock's 10,000-path forecast, rendered as light.

64Score

Eveready Industries India Limited (EVEREADY) Stock Analysis & Case Study

Is EVEREADY a good buy? The data-driven verdict.

Eveready Industries India Limited (EVEREADY) trades at ₹357,on the numbers it worth a closer look, a Downstox Snapshot Score of 64/100.

On the numbers, Eveready Industries India Limited (EVEREADY) worth a closer look, a Downstox Snapshot Score of 64/100, weighing fairly valued at 16.3× earnings, ROE of 18.5%, a 54% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

EVEREADY fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹2,593 Cr
Current price
₹357
P/E ratio
16.3×
P/B ratio
4.17×
Book value
₹86
Dividend yield
0.70%
ROCE
17.2%
ROE
18.5%
Piotroski F-Score
6/8

How EVEREADY ranks against the 2,373 companies in our screener

Is EVEREADY overvalued? EVEREADY P/E vs peers

EVEREADY trades at 16.3× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

EVEREADY share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of EVEREADY history (4%/yr drift, 37%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
EVEREADY 2027₹234₹372₹590+4%
EVEREADY 2028₹197₹388₹762+9%
EVEREADY 2029₹176₹404₹927+13%
EVEREADY 2030₹164₹421₹1,082+18%
EVEREADY 2031₹149₹439₹1,294+23%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability EVEREADY goes up, or doubles?

54%
Higher in 1 year
Modelled chance the price is above today in 12 months
60%
Higher in 5 years
Modelled chance the price is above today in 5 years
28%
Doubles in 5 years
Modelled chance of reaching ₹714 within 5 years

The bull case for EVEREADY

  • EVEREADY's P/E of 16.3x is lower than 70% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • EVEREADY's return on equity of 18.5% ranks in the 81st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹927.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹176.

EVEREADY volatility & expected range, how bumpy is the ride?

Over the last 9.8 years EVEREADY compounded at 4%/year with annualized volatility of 37%. That volatility implies a 1-year 80% range of ₹234-₹590, the honest backbone behind any single price target.

EVEREADY price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
4.2%
80% range₹234-₹590
P(price ↑)54%
P(price 2×)4%
3-Year Forecast
2029
₹0
Median (P50)
13.2%
80% range₹176-₹927
P(price ↑)57%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
23.0%
80% range₹149-₹1,294
P(price ↑)60%
P(price 2×)28%

EVEREADY price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
EVEREADY simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds EVEREADY hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the EVEREADY price target & forecast page.

EVEREADY Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. EVEREADY scores 6/8, mixed financial health.

EVEREADY MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy EVEREADY with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
ZerodhaCHEAPEST32.01%3.1×
Groww32.14%3.1×
Dhan40.00%2.5×
Kotak Neo40.00%2.5×
Paytm Money32.24%3.1×
Pocketful32.25%3.1×
Anand RathiCHEAPEST32.01%3.1×
Bajaj Broking35.00%2.9×
Share India32.14%3.1×

Compare every broker on the EVEREADY MTF page.

About Eveready Industries India Limited: sector, index & market-cap context

Eveready Industries India Limited (EVEREADY) is a small-cap NSE-listed company, with a market capitalisation of ₹2,593 Cr. See more stocks on our screener.

How the EVEREADY Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Eveready Industries India Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

EVEREADY analysis, FAQs

Is Eveready Industries India Limited (EVEREADY) a good buy?

On the numbers, Eveready Industries India Limited (EVEREADY) worth a closer look, a Downstox Snapshot Score of 64/100, weighing fairly valued at 16.3× earnings, ROE of 18.5%, a 54% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is EVEREADY overvalued or undervalued?

EVEREADY trades at 16.3× earnings, fairly valued versus the ~22× long-run Nifty average.

What is the EVEREADY share price target for 2031?

EVEREADY's probability-weighted 2031 median target is ₹439, with an 80% range of ₹149-₹1,294 (10,000-path Monte-Carlo).

What is the probability EVEREADY doubles in 5 years?

The modelled probability of EVEREADY reaching ₹714 (2×) within 5 years is 28%.

What is the bull case for EVEREADY?

EVEREADY's P/E of 16.3x is lower than 70% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. EVEREADY's return on equity of 18.5% ranks in the 81st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in EVEREADY?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on EVEREADY