Should I buy or sell Amara Raja Batteries?

The average broker rating on Amara Raja Batteries is Hold. The breakup of analyst rating is given below - 0 analysts have given a strong sell rating 2 analysts have given a sell rating 8 analysts have given a hold rating 4 analysts have given a buy rating 2 analysts have given a strong buy rating

Is Amara Raja Batteries a good stock to invest in?

Amara Raja Batteries can be analyzed on the following key metrics - TTM P/E: 14.93 Sector P/E: 35.99 Dividend Yield: 0.59% D/E ratio: -

Home > Market > Market Stats > Amara Raja Batteries

Amara Raja Batteries Share Price

Sector: Electronic Instr. & Controls

564.00 -8.50 (-1.48%)

Price Range

Today’s Low 561.75

Today’s High 575.75

52 Week Low 438.15

52 Week High 669.95

Key Metrics

Market Cap (In Cr) 9775.6
Beta 0.99
Div. Yield (%) 0.59
P/B 2.15
TTM P/E 14.93
Peg Ratio 2.21
Sector P/E 35.99
D/E -
Open Price 570.05
Prev Close 572.5

View All Metrics on Mint Genie

Amara Raja Batteries Analysis

Price Analysis

1 Week

-0.05%
3 Months

-11.39%
6 Month

11.37%
YTD

0.1%
1 Year

-0.75%

Risk Meter

29% Low risk
29% Moderate risk
29% Balanced Risk
29% High risk
29% Extreme risk

Recos

Strong Sell
Sell
Hold
Buy
Strong Buy

Analysts' Views

Ratings
Current
1 W Ago
1 M Ago
3 M Ago

Strong Buy
2
2
1
2

Hold
8
8
8
7

Sell
2
2
2
1

Strong Sell
0
0
1
1

Total
16
16
17
16

Amara Raja Batteries Financials

INCOME
BALANCE SHEET
Cashflow

DATE

Annual

Quarterly

Period
2022

Total Revenue
8697.15

Selling/ General/ Admin Expenses Total
1073.03

Depreciation/ Amortization
396.57

Other Operating Expenses Total
81.98

Total Operating Expense
8058.99

Operating Income
638.16

Net Income Before Taxes
691.12

Net Income
512.57

Diluted Normalized EPS
30.31

Period
2021

Total Revenue
7149.78

Selling/ General/ Admin Expenses Total
836.57

Depreciation/ Amortization
320.39

Other Operating Expenses Total
111.61

Total Operating Expense
6333.13

Operating Income
816.65

Net Income Before Taxes
873.35

Net Income
646.83

Diluted Normalized EPS
37.91

Period
2020

Total Revenue
6839.17

Selling/ General/ Admin Expenses Total
872.88

Depreciation/ Amortization
301.1

Other Operating Expenses Total
98.29

Total Operating Expense
6039.6

Operating Income
799.57

Net Income Before Taxes
840.66

Net Income
660.8

Diluted Normalized EPS
38.65

Period
2019

Total Revenue
6793.11

Selling/ General/ Admin Expenses Total
805.32

Depreciation/ Amortization
261.5

Other Operating Expenses Total
84.61

Total Operating Expense
6097.55

Operating Income
695.56

Net Income Before Taxes
730.11

Net Income
483.23

Diluted Normalized EPS
28.42

Period
2018

Total Revenue
6232.98

Selling/ General/ Admin Expenses Total
703.63

Depreciation/ Amortization
230.86

Other Operating Expenses Total
98.97

Total Operating Expense
5578.36

Operating Income
654.62

Net Income Before Taxes
714.2

Net Income
471.32

Diluted Normalized EPS
27.66

Period
2017

Total Revenue
5981.39

Selling/ General/ Admin Expenses Total
650.32

Depreciation/ Amortization
191.56

Other Operating Expenses Total
90.39

Total Operating Expense
5320

Operating Income
661.39

Net Income Before Taxes
702.21

Net Income
478.49

Diluted Normalized EPS
28.12

View detailed financials on Mint Genie

Forecast

Income Sheet (In Cr) Net Income Vs Revenue

Returns Metrics (In Cr) ROA Vs ROE

Forecast

Balance Sheet Asset vs Liability

Forecast

Cash Flow Operating vs Investing

Amara Raja Batteries Peers

Price
Ratio

Name
Latest Price
Change
% Change
52W High
52W Low
Mkt. Cap

Bajaj Electricals
1107.85
4.9
0.44
1265
857.55
12726.33

V-Guard Industries
247.85
-0.45
-0.18
274.9
195.2
10695.77

Amara Raja Batteries
564
-8.5
-1.48
669.95
438.15
9633.83

Apar Industries
2316
5
0.22
2483.8
558.6
8863.01

Kaynes Technology India
944.25
-8.3
-0.87
1111
625.05
5490.11

Amara Raja Batteries Shareholding

Category
Percentage
No. of shares

Public Shareholding
71.94%
122,880,048

NALANDA INDIA EQUITY FUND LIMITED
9.88%
16,880,938

VANGUARD EMERGING MARKETS STOCK INDEX FUND, A SERIES OF VANGUARD INTERNATIONAL EQUITY
1.04%
1,769,655

Others
9.97%
17,042,660

Others
19.84%
33,890,248

CLARIOS ARBL HOLDING LP (Foreign body corporate)
14%
23,913,750

LIFE INSURANCE CORPORATION OF INDIA
7.23%
12,354,916

Others
0.54%
939,034

Others
3.03%
5,180,299

Clearing Members
0.82%
1,400,603

HUF
0.5%
853,946

Unclaimed or Suspense or Escrow Account
0.03%
51,750

Trusts
0%
2,498

Foreign Portfolio Investor (Category - III)
0%
300

Others
1.35%
2,306,903

Others
1.32%
2,255,084

Others
1.25%
2,133,890

Others
0.59%
1,003,868

Others
0.41%
697,952

Others
0.12%
197,250

Others
0%
3,004

Others
0%
1,500

Promoter & Promoter Group Shareholding
28.06%
47,932,452

RNGALLA FAMILY PRIVATE LIMITED
28.06%
47,932,452

Shareholding Pattern

Shareholding Trend

Shareholding(%) v/s Date

Corporate Actions

Board Meeting
AGM
Dividends
Bonus
Split
Rights

Meeting Date
Purpose

25-Jan-23
Quarterly Results

03-Nov-22
Quarterly Results & Interim Dividend

06-Aug-22
Quarterly Results

20-May-22
Audited Results & Final Dividend

10-Feb-22
Quarterly Results

12-Nov-21
Quarterly Results & Interim Dividend

14-Aug-21
Quarterly Results

22-May-21
Audited Results & Final Dividend

13-Feb-21
Quarterly Results & Interim Dividend

Meeting Date
Announced on
Purpose

06-Aug-22
20-May-22
AGM

14-Aug-21
15-Jun-21
AGM

Announced on
Record Date
Ex-Dividend
Dividend Value

03-Nov-22
16-Nov-22
15-Nov-22
2.9

20-May-22
-
28-Jul-22
0.5

12-Nov-21
25-Nov-21
24-Nov-21
4

24-May-21
-
29-Jul-21
6

15-Feb-21
26-Feb-21
25-Feb-21
5

Company Profile

ABOUT Amara Raja Batteries

Industry Electronic Instr. & Controls
ISIN INE885A01032
BSE Code 500008
NSE Code AMARAJABAT

Amara Raja Batteries Limited is an India-based manufacturer of lead-acid storage batteries for industrial and automotive applications in the Indian battery industry. The Company's Industrial battery division is the supplier to telecom service providers, telecom equipment manufacturers, the uninterruptible power supply (UPS) sector (original equipment manufacturers (OEM) and replacement), Indian railways and to the power, oil and gas, among other industry segments. Its industrial battery brands consist of PowerStack, Amaron Volt, Amaron Sleek, Amaron Brute, Amaron Solar and Amaron Quanta. The Company's Automotive battery division manufactures automotive batteries under the brands, AMARON and PowerZone, which are distributed through its pan-India sales and service retail network. The Company supplies automotive batteries under OE relationships to various automotive companies. Its industrial and automotive batteries are exported to countries in the Indian Ocean Rim.

MANAGEMENT

Jayadev Galla Chairman of the Board, Chief Executive Officer, Co-Founder, Managing Director, Executive Director
Y. Delli Babu Chief Financial Officer
C.Narasimhulu Naidu Chief Operating Officer
M Jagadish Chief Technology Officer
Indeevar Govardhanagiri Chief Marketing Officer - International
Vikas Sabharwal Chief Compliance Officer, Company Secretary
Venkata M. M Vice President of Sales and Marketing, Industrial Batteries
Harshavardhana Gourineni Executive Director - Automotive & Industrial
Vikramadithya Gourineni Executive Director - New Energy Business
Saayon Chakrabarti Business Head - Americas & Europe

AMARA RAJA BATTERIES SUMMARY

Amara Raja Batteries is trading 1.48% lower at Rs 564.00 as compared to its last closing price. Amara Raja Batteries has been trading in the price range of 575.75 & 561.75. Amara Raja Batteries has given 0.1% in this year & -0.05% in the last 5 days.

Amara Raja Batteries has TTM P/E ratio 14.93 as compared to the sector P/E of 35.99. There are 16 analysts who have initiated coverage on Amara Raja Batteries. There are 2 analysts who have given it a strong buy rating & 4 analysts have given it a buy rating. 2 analysts have given the stock a sell rating.

The company posted a net profit of 221.88 Crores in its last quarter.

Listed peers of Amara Raja Batteries include Bajaj Electricals (0.44%), V-Guard Industries (-0.18%), Amara Raja Batteries (-1.48%) etc.

Amara Raja Batteries has a 28.06% promoter holding & 71.94% public holding.

FAQs about Amara Raja Batteries

Amara Raja Batteries is trading at 564.00 as on 24 Mar, 2023 3:29:15 PM. This is -1.48% lower as compared to its previous closing price of 572.5

The market capitalization of Amara Raja Batteries is 9775.6 Cr as on 24 Mar, 2023 3:29:15 PM.

The average broker rating on Amara Raja Batteries is Hold. The breakup of analyst rating is given below -

0 analysts have given a strong sell rating
2 analysts have given a sell rating
8 analysts have given a hold rating
4 analysts have given a buy rating
2 analysts have given a strong buy rating

The 52 wk high for Amara Raja Batteries is 669.95 whereas the 52 wk low is 438.15

Amara Raja Batteries can be analyzed on the following key metrics -

TTM P/E: 14.93
Sector P/E: 35.99
Dividend Yield: 0.59%
D/E ratio: -

Amara Raja Batteries reported a net profit of 512.57 Cr in 2022.

Amara Raja Batteries Share Price

Price Range