Amara Raja Energy & Mobility Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ARE&M, BSE:500008 Amara Raja Energy & Mobility Ltd.

Amara Raja Energy & Mobility Ltd.

22 May 2022

989.05

-0.03%

Below our estimate; lower 2W volumes and exports hit sales

Neutral: Amara Raja Energy & Mobili...

Target

Motilal Oswal

Number of FII/FPI investors decreased from 246 to 225 in Jun 2025 qtr

Amara Raja Energy & Mobility Ltd.

13 Feb 2022

989.05

-0.03%

Amara Raja Batteries Ltd

Hold: Amara Raja Energy & Mobili...

Target

ICICI Securities Limited

Amara Raja Energy & .. has an average target of 1321.17 from 6 brokers.

Amara Raja Energy & Mobility Ltd.

11 Feb 2022

989.05

-0.03%

Above est; beat led by better mix and lower staff costs

Neutral: Amara Raja Energy & Mobili...

Target

Motilal Oswal

Amara Raja (AMRJ)'s 3QFY22 performance was driven by a better product mix, which offset RM cost pressures. Near-term headwinds (rising RM prices) could affect margin recovery. The company has taken the first steps towards its next phase of growth in the New Energy business by supplying li-ion battery packs to 3Ws; however, it is yet to finalize its full-fledged entry into lithium cell manufacturing. We largely maintain our FY22E/FY23E EPS estimates as well as our Neutral rating with a TP of INR685 (14x Mar'24E EPS)....

Amara Raja Energy & .. has an average target of 1321.17 from 6 brokers.

Amara Raja Energy & Mobility Ltd.

14 Dec 2021

989.05

-0.03%

AMAR RAJA BATTERY

Buy: Amara Raja Energy & Mobili...

Recommendation Target

Geojit BNP Paribas

Amara Raja Batteries Ltd (ARBL) is India's second largest Lead-acid battery manufacturer. Its segment includes 70% from automotive & rest from industrial with market leadership in the Telecom segment. During Q2FY22, ARBL revenue came at 17%YoY on the back of robust demand from Aftermarket, across all product segments. Industrial business was stable and UPS registered higher growth. Though, higher raw materials price and supply constraints have negatively affected the margin and thereby, PAT de grew by 28.5%....

Amara Raja Energy & Mobility Ltd. has lost -30.64% in the last 1 Year

Amara Raja Energy & Mobility Ltd.

15 Nov 2021

989.05

-0.03%

Amara Raja Batteries: Q2FY22 Result Review

Buy: Amara Raja Energy & Mobili...

Target

IDBI Capital

Amara Raja's Q2FY22 result was a mixed bag as its sales was ahead of our estimate while EBITDA was lower than our forecast. Amara Raja's sales increased by 17% YoY to Rs22 bn as automotive and industrial sales rebounded. However, sharp increase in prices of raw material (lead) led to sharp contraction in margins. Its EBITDA declined by 21% YoY to Rs2,689 mn; EBITDA margins fell by 570 bps YoY and 138 bps QoQ to 11.9%....

Amara Raja Energy & .. has an average target of 1321.17 from 6 brokers.

Amara Raja Energy & Mobility Ltd.

14 Nov 2021

989.05

-0.03%

EARNINGS UPDATE- AMARA RAJA BATTERIES LTD 2QFY22

Buy: Amara Raja Energy & Mobili...

Chola Wealth Direct

Background: Amara Raja Batteries Limited is the technology leader and one of the largest manufacturers of lead acid batteries for both industrial and automotive applications in the Indian storage battery industry. In India, Amara Raja is the preferred supplier to major telecom service providers, Telecom equipment manufacturers, the UPS sector (OEM & Replacement), Indian Railways and to the Power, Oil & Gas, among other industry segments. Amara Raja's industrial battery brands comprise PowerStack, AmaronVolt and Quanta. The Company is a leading manufacturer of...

Amara Raja Energy & Mobility Ltd. has lost -30.64% in the last 1 Year

Amara Raja Energy & Mobility Ltd.

16 Aug 2021

989.05

-0.03%

EARNINGS UPDATE- AMARA RAJA BATTERIES LTD 1QFY22

Buy: Amara Raja Energy & Mobili...

Target

Chola Wealth Direct

Amara Raja Energy & Mobility Ltd. is trading below all available SMAs

Amara Raja Energy & Mobility Ltd.

16 Aug 2021

989.05

-0.03%

EARNINGS UPDATE- AMARA RAJA BATTERIES 1QFY22

Buy: Amara Raja Energy & Mobili...

Chola Wealth Direct

Number of FII/FPI investors decreased from 246 to 225 in Jun 2025 qtr

Amara Raja Energy & Mobility Ltd.

15 Aug 2021

989.05

-0.03%

Strong revenue outperformance leads to overall beat

Neutral: Amara Raja Energy & Mobili...

Target

Motilal Oswal

AMRJ's 1QFY22 performance was led by strong revenue growth across segments. Drivers for demand are in place, but rising RM prices (lead, plastic, sheet metal, and copper) could restrict performance in the near term. AMRJ is geared up for the next phase of transformation in the Lead Acid Battery segment. It is also foraying into the New Energy business: lithium ion/battery pack, EV charging products, energy storage solutions, etc. We expect this to be an important driver for the stock We cut our FY22E/FY23E EPS estimate by 13%/5% to account for higher...

Amara Raja Energy & Mobility Ltd. has lost -30.64% in the last 1 Year

Amara Raja Energy & Mobility Ltd.

16 Jun 2021

989.05

-0.03%

Amara Raja Batteries Ltd

Hold: Amara Raja Energy & Mobili...

Recommendation Target

ICICI Securities Limited

ARBL said (1) electric 3-W and 2-W are expected to lead India's EV journey, (2) it is looking to address cell manufacturing and pack assembly (combined form ~55-60% of LIB value chain) along with possible local procurement of some materials like copper and aluminium foils, (3) global competitiveness can be achieved with ~10 GWh capacity (requires ~US$1 billion investment), (4) ~2-3 GWh capacity is required for every 1 million electric 2Ws sold, (5) present capabilities include 500 MWh assembly plant capacity, pilot R&D; plant for cell chemistry/design and products for electric 2-W, 3-W, (6) EV charging solutions capabilities span slow & fast AC charging and DC...

Number of FII/FPI investors decreased from 246 to 225 in Jun 2025 qtr

Is Amara Raja Batteries Ltd. worth buying?

1084 Votes:

Buy 80.35%

Sell 11.07%

Hold 8.58%

RESEARCH REPORTS

Buy SEE REPORTS >

pdf

Neutral SEE REPORTS >

pdf