Exide Industries vs ARE&M: share price, P/E, ROE and financials compared
Exide Industries
Amara Raja Energy & Mobility
Exide Industries and ARE&M at a glance
Exide Industries and ARE&M are both listed in Automobile and Auto Components. Exide Industries is the larger by market cap, at ₹30,375 Cr against ₹13,329 Cr for ARE&M (2.3 times as large). On valuation, ARE&M has the lower P/E (16.7× against 29.0×) and the lower price-to-book (1.60× against 2.19×). On returns and margins, ARE&M has the higher ROCE (14.2% against 8.8%) and the higher ROE (9.9% against 7.3%). Over three years, ARE&M has faster 3-year sales growth (+10.0% against +6.1% a year) and faster 3-year profit growth (+7.0% against +1.3% a year). Debt-to-equity is similar, 0.12× for Exide Industries and 0.08× for ARE&M.
Key metrics, side by side
| Metric | Exide IndustriesEXIDEIND | ARE&MARE&M |
|---|---|---|
| Price (₹) | 357.35 | 728.25 |
| Market cap (₹ Cr) | 30,375 | 13,329 |
| P/E | 29.0× | 16.7× (the lower figure, shaded) |
| P/B | 2.19× | 1.60× (the lower figure, shaded) |
| Dividend yield, trailing | 0.56% | 1.46% (the higher figure, shaded) |
| ROE | 7.3% | 9.9% (the higher figure, shaded) |
| ROCE | 8.8% | 14.2% (the higher figure, shaded) |
| Operating margin (OPM) | 10.4% | 10.0% |
| Net margin (NPM) | 5.3% | 5.2% |
| Sales CAGR 3Y | +6.1% | +10.0% (the higher figure, shaded) |
| Profit CAGR 3Y | +1.3% | +7.0% (the higher figure, shaded) |
| Debt to equity | 0.12× | 0.08× |
| Interest cover | 12.2× | 41.3× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 932 | 798 |
| 1Y return | −4.5% (the higher figure, shaded) | −25.6% |
| Promoter holding | 45.99% | 32.86% |
Exide Industries vs ARE&M: common questions
Which is bigger, Exide Industries or ARE&M?
By market cap, Exide Industries is bigger at ₹30,375 Cr, against ₹13,329 Cr for ARE&M (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹932 Cr for Exide Industries and ₹798 Cr for ARE&M.
Which has a lower P/E ratio, Exide Industries or ARE&M?
Exide Industries trades at a P/E of 29.0× and ARE&M at 16.7×. ARE&M has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Exide Industries or ARE&M?
Exide Industries reports a return on equity of 7.3% and ARE&M 9.9%. ARE&M has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Exide Industries or ARE&M?
Over the last three years: Sales grew +6.1% a year at Exide Industries and +10.0% at ARE&M, so ARE&M grew sales faster; profit grew +1.3% a year at Exide Industries and +7.0% at ARE&M, so ARE&M grew profit faster. Past growth doesn’t predict future growth.