Case study

EVEREADY

Eveready Industries

Worth a closer look1y model -4.0%

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

0Score

Eveready Industries (EVEREADY) Stock Analysis & Case Study

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

Eveready Industries (EVEREADY) trades at ₹366,on the numbers it worth a closer look, a Downstox Snapshot Score of 64/100.

On the numbers, Eveready Industries (EVEREADY) worth a closer look, a Downstox Snapshot Score of 64/100, weighing fairly valued at 18.2× earnings, ROE of 27.0%, a 46% 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 20272031.

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

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

Market cap
₹2,657 Cr
Current price
₹366
P/E ratio
18.2×
P/B ratio
4.27×
Book value
₹86
Dividend yield
0.41%
ROCE
17.2%
ROE
27.0%
Piotroski F-Score
4/9

Is EVEREADY overvalued? EVEREADY P/E vs its sector

EVEREADY's P/E of 18.2× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.41% dividend yield is below the peer median of 1.65%.

EVEREADY P/E
18.2×
Peer median P/E
15.9×
EVEREADY div yield
0.41%
Peer median yield
1.65%

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 2.0y of EVEREADY history (3%/yr drift, 38%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
EVEREADY 2027₹217₹354₹576-4%
EVEREADY 2028₹171₹340₹683-8%
EVEREADY 2029₹140₹327₹771-11%
EVEREADY 2030₹119₹312₹844-15%
EVEREADY 2031₹102₹300₹896-19%

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?

46%
Higher in 1 year
Modelled chance the price is above today in 12 months
40%
Higher in 5 years
Modelled chance the price is above today in 5 years
15%
Doubles in 5 years
Modelled chance of reaching ₹738 within 5 years

The bull case for EVEREADY

  • A 18.2× P/E sits in the fair-value band, neither cheap nor stretched.
  • High return on equity (27.0%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹771.

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 ₹140.

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

Over the last 2.0 years EVEREADY compounded at 3%/year with annualized volatility of 38%. That volatility implies a 1-year 80% range of ₹217₹576, the honest backbone behind any single price target.

EVEREADY price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 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)
4.0%
80% range₹217–₹576
P(price ↑)46%
P(price 2×)3%
3-Year Forecast
2029
₹0
Median (P50)
11.2%
80% range₹140–₹771
P(price ↑)43%
P(price 2×)11%
5-Year Forecast
2031
₹0
Median (P50)
18.6%
80% range₹102–₹896
P(price ↑)40%
P(price 2×)15%

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: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. EVEREADY scores 4/9,mixed financial health.

EVEREADY MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

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

BrokerMargin requiredApprox. leverage
Upstox35.0%2.9×
ZerodhaCHEAPEST32.5%3.1×
Dhan40.0%2.5×

Compare every broker on the EVEREADY MTF page.

EVEREADY vs peers,sector comparison

StockP/EDiv yieldMarket cap
EVEREADY (this stock)18.2×0.41%₹2,657 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

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

Eveready Industries (EVEREADY) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index group, with a market capitalisation of ₹2,657 Cr. See more Nifty 500 stocks.

How the EVEREADY Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Eveready Industries'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 (EVEREADY) a good buy?

On the numbers, Eveready Industries (EVEREADY) worth a closer look, a Downstox Snapshot Score of 64/100, weighing fairly valued at 18.2× earnings, ROE of 27.0%, a 46% 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 18.2× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.

What is the EVEREADY share price target for 2031?

EVEREADY's probability-weighted 2031 median target is ₹300, with an 80% range of ₹102₹896 (10,000-path Monte-Carlo).

What is the probability EVEREADY doubles in 5 years?

The modelled probability of EVEREADY reaching ₹738 (2×) within 5 years is 15%.

What is the bull case for EVEREADY?

A 18.2× P/E sits in the fair-value band, neither cheap nor stretched. High return on equity (27.0%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise.

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