Exide Pakistan Limited (EXIDE) financial ratios

Exide Pakistan Limited earned a net margin of 2.2% in FY2026 against a five-year average of 2.6% (Automobile Parts & Accessories median 3.6%). Return on equity was 6.0%, compared with a sector median of 11.4%. The current ratio stood at 1.79× and debt was 63.9% of equity. Cash took about 191 days to cycle through receivables, inventory and payables.

FY2026 vs the Automobile Parts & Accessories median

Gross margin: 13.9%; Sector median 15.6%
Operating margin: 5.8%; Sector median 9.3%
Net margin: 2.2%; Sector median 3.6%
Return on equity (ROE): 6.0%; Sector median 11.4%
Return on assets (ROA): 2.8%; Sector median 3.9%
Current ratio: 1.79×; Sector median 1.36×
Debt to equity: 63.9%; Sector median 48.2%
Asset turnover: 1.29×; Sector median 1.09×
Dividend payout ratio: 18.0%; Sector median 17.1%

Median of the 10 companies in the sector with the figure for their latest fiscal year.

EXIDE financial ratios (annual) (Rs mn)
Rs mn	FY2026 Apr 2025 – Mar 2026	FY2025 Apr 2024 – Mar 2025	FY2024 Apr 2023 – Mar 2024	FY2023 Apr 2022 – Mar 2023	FY2022 Apr 2021 – Mar 2022	FY2021 * Apr 2020 – Mar 2021	FY2020 Apr 2019 – Mar 2020	FY2019 Apr 2018 – Mar 2019	FY2018 * Apr 2017 – Mar 2018	FY2017 Apr 2016 – Mar 2017	FY2016 Apr 2015 – Mar 2016	FY2015 Apr 2014 – Mar 2015	FY2014 Apr 2013 – Mar 2014	FY2013 Apr 2012 – Mar 2013	FY2012 Apr 2011 – Mar 2012	FY2011 * Apr 2010 – Mar 2011	FY2010 * Apr 2009 – Mar 2010	FY2009 Apr 2008 – Mar 2009	FY2008 Apr 2007 – Mar 2008
Profitability
Gross margin	13.9%	16.2%	18.9%	14.4%	11.5%	10.0%	8.3%	10.2%	11.0%	19.9%	18.5%	15.3%	12.4%	14.1%	13.4%	13.8%	12.5%	11.0%	11.8%
EBITDA margin	6.9%	8.3%	12.5%	7.4%	4.2%	4.2%	(0.3%)	0.1%	4.2%	9.9%	8.3%	7.6%	7.0%	8.3%	8.4%	8.2%	7.2%	5.9%	7.3%
Operating margin	5.8%	7.4%	11.7%	6.7%	3.2%	3.0%	(2.1%)	(1.6%)	2.9%	8.8%	7.2%	6.6%	6.0%	7.4%	7.4%	7.2%	6.1%	4.7%	6.0%
Pre-tax margin	1.5%	4.4%	8.4%	4.9%	1.5%	1.5%	(5.0%)	(4.3%)	1.6%	8.2%	5.5%	4.7%	5.2%	6.8%	5.3%	5.6%	4.9%	3.2%	4.7%
Net margin	2.2%	2.6%	4.9%	3.2%	0.2%	(0.0%)	(6.4%)	(5.3%)	0.2%	5.7%	3.6%	3.4%	3.5%	4.4%	3.4%	3.6%	3.2%	2.1%	3.1%
Effective tax rate	(42.1%)	41.0%	41.8%	34.5%	86.3%	100.0%	—	—	88.9%	30.3%	34.8%	27.5%	33.5%	35.5%	36.1%	35.7%	35.0%	35.1%	34.5%
Returns
Return on equity (ROE)	6.0%	9.4%	22.1%	16.9%	0.8%	(0.0%)	(14.7%)	(12.5%)	0.5%	18.9%	12.7%	15.5%	15.9%	23.1%	18.4%	20.1%	18.5%	12.7%	—
Return on assets (ROA)	2.8%	4.0%	10.3%	8.1%	0.4%	(0.0%)	(6.6%)	(5.8%)	0.2%	8.6%	5.6%	6.6%	8.1%	12.6%	8.1%	8.0%	8.0%	5.8%	—
Return on invested capital (ROIC)	11.7%	9.5%	20.6%	13.8%	1.0%	(0.0%)	—	—	0.5%	11.6%	8.7%	11.5%	12.3%	17.3%	14.1%	11.7%	9.2%	9.4%	—
Liquidity
Current ratio	1.79×	1.51×	1.57×	1.65×	1.55×	1.74×	1.61×	1.47×	1.57×	1.54×	1.52×	1.42×	1.45×	1.93×	1.45×	1.25×	1.23×	1.33×	1.38×
Quick ratio	0.88×	0.71×	0.77×	0.68×	0.76×	0.95×	1.15×	0.99×	1.06×	0.76×	0.83×	0.83×	0.71×	0.75×	0.67×	0.44×	0.35×	0.45×	0.37×
Leverage
Debt to equity	63.9%	83.9%	49.4%	48.4%	88.3%	60.4%	70.4%	92.8%	73.6%	73.7%	71.8%	99.2%	77.0%	19.4%	66.6%	77.6%	189.0%	113.1%	76.8%
Debt to capital	39.0%	45.6%	33.1%	32.6%	46.9%	37.7%	41.3%	48.1%	42.4%	42.4%	41.8%	49.8%	43.5%	16.2%	40.0%	43.7%	65.4%	53.1%	43.4%
Debt to assets	33.9%	35.1%	22.0%	24.2%	39.6%	30.0%	32.0%	41.0%	35.6%	33.3%	33.0%	41.3%	34.3%	11.9%	31.9%	30.9%	74.8%	54.0%	32.9%
Assets to equity	2.13×	2.32×	2.13×	2.10×	2.12×	2.11×	2.23×	2.16×	2.14×	2.20×	2.28×	2.33×	1.96×	1.84×	2.28×	2.52×	2.33×	2.21×	—
Efficiency
Asset turnover	1.29×	1.57×	2.12×	2.50×	1.77×	1.46×	1.03×	1.09×	1.35×	1.50×	1.55×	1.95×	2.35×	2.88×	2.38×	2.23×	2.50×	2.74×	—
Receivable days days	104	80	48	39	85	119	184	161	100	84	77	40	23	16	20	18	15	15	—
Inventory days days	144	123	95	77	93	84	98	100	106	122	103	81	74	62	78	94	81	71	—
Payable days days	56	73	61	33	34	52	68	55	56	63	52	39	39	25	26	34	23	22	—
Cash conversion cycle days	191	130	82	83	145	151	214	207	150	142	127	83	58	53	72	79	73	64	—
Dividends
Dividend payout ratio	18.0%	12.6%	6.2%	0.0%	0.0%	—	—	—	449.1%	10.5%	18.3%	13.0%	10.6%	8.7%	13.2%	12.3%	17.2%	22.9%	17.3%
Earnings retention rate	0.82×	0.87×	0.94×	1.00×	1.00×	—	—	—	(3.49×)	0.89×	0.82×	0.87×	0.89×	0.91×	0.87×	0.88×	0.83×	0.77×	0.83×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

EXIDE: frequently asked questions

What is EXIDE's EPS?

Exide Pakistan Limited reported basic earnings per share of Rs 55.55 for FY2026 (Apr 2025 – Mar 2026). Over the trailing twelve months (TTM to Jun 2026) EPS was Rs 43.18.

What is EXIDE's P/E ratio?

At the closing price of Rs 424.51 on 16 Oct 2026, EXIDE trades at a P/E of 9.8× based on EPS of Rs 43.18 (TTM to Jun 2026).

Does EXIDE pay dividends?

Yes. Exide Pakistan Limited declared a dividend of Rs 5.00 per share for FY2026. It has paid a dividend in each of the last 4 years. At Rs 424.51 that is a dividend yield of 1.2%.

What was EXIDE's revenue and profit in FY2026?

Exide Pakistan Limited reported revenue of Rs 19.6 bn and profit attributable to shareholders of Rs 431.6 mn for FY2026 (Apr 2025 – Mar 2026).

What is EXIDE's book value per share?

Exide Pakistan Limited's book value per share was Rs 963.00 at the end of FY2026. The shares trade at 0.44× book value.

Information only, not investment advice.