Case study

EXIDEIND

Exide Industries Limited

Tread carefully1y model +4.9%

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

33Score

Exide Industries Limited (EXIDEIND) Stock Analysis & Case Study

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

Exide Industries Limited (EXIDEIND) trades at ₹490,on the numbers it tread carefully, a Downstox Snapshot Score of 33/100.

On the numbers, Exide Industries Limited (EXIDEIND) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 44.4× earnings, ROE of 6.0%, a 56% 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.

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

Market cap
₹41,650 Cr
Current price
₹490
P/E ratio
44.4×
P/B ratio
2.99×
Book value
₹164
Dividend yield
0.41%
ROCE
8.5%
ROE
6.0%
Piotroski F-Score
6/8

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

Is EXIDEIND overvalued? EXIDEIND P/E vs peers

EXIDEIND trades at 44.4× 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.

EXIDEIND 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 EXIDEIND history (11%/yr drift, 30%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
EXIDEIND 2027₹350₹514₹755+5%
EXIDEIND 2028₹315₹539₹923+10%
EXIDEIND 2029₹294₹566₹1,090+16%
EXIDEIND 2030₹275₹594₹1,284+21%
EXIDEIND 2031₹263₹623₹1,475+27%

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

What is the probability EXIDEIND goes up, or doubles?

56%
Higher in 1 year
Modelled chance the price is above today in 12 months
64%
Higher in 5 years
Modelled chance the price is above today in 5 years
25%
Doubles in 5 years
Modelled chance of reaching ₹980 within 5 years

The bull case for EXIDEIND

  • Exide Industries Limited is part of the nifty100 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,090.

The bear case & risks

  • EXIDEIND's P/E of 44.4x is lower than 30% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • EXIDEIND's return on equity of 6.0% ranks in the 33rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹294.

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

Over the last 9.8 years EXIDEIND compounded at 11%/year with annualized volatility of 30%. That volatility implies a 1-year 80% range of ₹350-₹755, the honest backbone behind any single price target.

EXIDEIND 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)
4.9%
80% range₹350-₹755
P(price ↑)56%
P(price 2×)1%
3-Year Forecast
2029
₹0
Median (P50)
15.5%
80% range₹294-₹1,090
P(price ↑)61%
P(price 2×)14%
5-Year Forecast
2031
₹0
Median (P50)
27.2%
80% range₹263-₹1,475
P(price ↑)64%
P(price 2×)25%

EXIDEIND price probability fan

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

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

Probability of key outcomes

What are the odds EXIDEIND 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 EXIDEIND price target & forecast page.

EXIDEIND 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. EXIDEIND scores 6/8, mixed financial health.

EXIDEIND MTF margin & leverage across 10 brokers

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

BrokerMargin requiredApprox. leverage
Upstox30.06%3.3×
Zerodha30.12%3.3×
Groww30.08%3.3×
Dhan30.12%3.3×
Kotak Neo30.12%3.3×
Paytm Money30.09%3.3×
PocketfulCHEAPEST29.94%3.3×
Anand Rathi30.12%3.3×
Bajaj Broking31.00%3.2×
Share India30.03%3.3×

Compare every broker on the EXIDEIND MTF page.

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

Exide Industries Limited (EXIDEIND) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹41,650 Cr. See more stocks on our screener.

How the EXIDEIND Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Exide Industries 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.

EXIDEIND analysis, FAQs

Is Exide Industries Limited (EXIDEIND) a good buy?

On the numbers, Exide Industries Limited (EXIDEIND) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 44.4× earnings, ROE of 6.0%, a 56% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is EXIDEIND overvalued or undervalued?

EXIDEIND trades at 44.4× earnings, expensive versus the ~22× long-run Nifty average.

What is the EXIDEIND share price target for 2031?

EXIDEIND's probability-weighted 2031 median target is ₹623, with an 80% range of ₹263-₹1,475 (10,000-path Monte-Carlo).

What is the probability EXIDEIND doubles in 5 years?

The modelled probability of EXIDEIND reaching ₹980 (2×) within 5 years is 25%.

What is the bull case for EXIDEIND?

Exide Industries Limited is part of the nifty100 universe with live, tracked fundamentals on Downstox.

What are the risks in EXIDEIND?

EXIDEIND's P/E of 44.4x is lower than 30% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. EXIDEIND's return on equity of 6.0% ranks in the 33rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on EXIDEIND