NSE: ARE&M | BSE: 500008

Strong Performer, Under Radar

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1014.00 -17.40 (-1.69%)

42.90% Fall from 52W High

584.4K NSE+BSE Volume

NSE 03 Apr, 2025 3:31 PM (IST)

18,558.8

Market Cap

High in industry

1.4

Beta 1Year

Very High Volatility

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.

27 Oct 2020

1014.00

-1.69%

Amara Raja Batt

Buy: Amara Raja Energy & Mobili...

Sharekhan

Amara Raja Batteries Ltd (Amara) Q2FY21 results were better than estimates across parameters. Topline growth recovered to 14% yoy as both auto and industrial demand recovered; margins improved on operating leverage Amara is expected to continue outpacing organized lead acid battery industry driven by new automotive OEM client addition and enhancing distribution reach in aftermarket. Telecom and UPS too have huge growth potential. Operating leverage and cost control measures would lead to margins remaining at higher end of historical band of 14-17%...

Amara Raja Energy & Mobility Ltd.'s price crossed below 50Day SMA today

Amara Raja Energy & Mobility Ltd.

06 Oct 2020

1014.00

-1.69%

Amara Raja Batt

Buy: Amara Raja Energy & Mobili...

Anand Rathi

Amara Raja Energy & Mobility Ltd.'s price crossed below 50Day SMA today

Amara Raja Energy & Mobility Ltd.

21 Aug 2020

1014.00

-1.69%

EARNINGS UPDATE- AMARA RAJA BATTERIES 1QFY21

Neutral: Amara Raja Energy & Mobili...

Recommendation Target

Chola Wealth Direct

Background: Amara Raja Batteries Ltd (ARBL) is the second largest automotive battery manufacturer and the largest supplier of industrial storage batteries in India. JCI, the global leader in lead-acid automotive batteries and advanced batteries for start-stop, hybrid and electric vehicles, provides technical support to ARBL. Company's business model is de-risked as it caters to automotive as well as industrial segments. Sales are...

Geojit BNP Paribas decreased Buy price target of Amara Raja Energy & Mobility Ltd. to 1160.0 on 18 Mar, 2025.

Amara Raja Energy & Mobility Ltd.

11 Aug 2020

1014.00

-1.69%

AMAR RAJA BATTERY

Hold: 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 include 70% from automotive & rest from industrial with a market leadership in Telecom segment. During Q1FY21, ARBL revenue came at 37%YoY due to subdued auto demand and lockdown. However, pickup in auto replacement market and in telecom sector has offset further decline. EBITDA margin came at 13.2% better than expected due to lower lead price and cost control initiatives. Material cost lowered by 110bps....

Amara Raja Energy & Mobility Ltd. is trading above its 30 day SMA of 1008.1

Amara Raja Energy & Mobility Ltd.

08 Aug 2020

1014.00

-1.69%

Amara Raja Batteries: Q1FY21 Result Review

Hold: Amara Raja Energy & Mobili...

Target

IDBI Capital

Amara Raja's Q1FY21 result was better than our expectation. Its sales/EBITDA were 5.7%/5.4% above our estimate. Its sales fell by 36.6% YoY to Rs 11,512 mn due to the nationwide lockdown amidst weak demand from OEMs/exports. Amara Raja's EBITDA fell 45.5% YoY to Rs 1,522 mn and EBITDA margin contracted 216 bps YoY to 13.2%. Amara Raja's net profit decreased 55.7 % YoY to Rs625 mn. We make minor changes to our FY21-22 forecasts. We value the stock at a PER of 20x...

Amara Raja Energy & .. has an average target of 1512.17 from 6 brokers.

Amara Raja Energy & Mobility Ltd.

16 Jun 2020

1014.00

-1.69%

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 include automotive and industrial lead acid batteries, with market leadership in Telecom segment. Under challenging market condition domestic replacement demand and export has substantially overcome the demand slowdown in Auto OE segment aided by significant traction in volume growth. During Q4FY20, ARBL revenue came flat at 0.9%YoY, (marginally inline with our estimate). PAT grew by 14.5%YoY. Despite weak demand, EBITDA margin came at above 15% (-10bps),...

Amara Raja Energy & Mobility Ltd.'s price crossed below 50Day SMA today

Amara Raja Energy & Mobility Ltd.

10 Jun 2020

1014.00

-1.69%

EARNINGS UPDATE- AMARA RAJA BATTERIES 4QFY20

Buy: Amara Raja Energy & Mobili...

Recommendation Target

Chola Wealth Direct

Amara Raja Energy & Mobility Ltd. has gained 27.56% in the last 1 Year

Amara Raja Energy & Mobility Ltd.

02 Jun 2020

1014.00

-1.69%

Amara Raja Batteries Ltd

Hold: Amara Raja Energy & Mobili...

Recommendation Target

ICICI Securities Limited

We expect margin trajectory to be better than most ancillaries on the back of (1) sustained strength of automotive replacement segment in overall mix, (2) benign outlook for lead prices (currently at ~US$1635/tonne vs. Q4FY20 average of ~US$1800/tonne). B2C nature of aftermarket, inherent pricing power (near oligopoly on supply side, demand is fragmented) are seen leading to flattish margin performance in FY21E (negating impact of limited...

Amara Raja Energy & Mobility Ltd. has gained 27.56% in the last 1 Year

Amara Raja Energy & Mobility Ltd.

01 Jun 2020

1014.00

-1.69%

Above est.; Mix drives margins; Downgrade to Neutral

Neutral: Amara Raja Energy & Mobili...

Recommendation Target

Motilal Oswal

1 June 2020 AMRJs 4QFY20 performance beat was driven by a better mix (lower OEM sales). While aftermarket continued with strong growth, endorsing our view of value migration from unorganized, 4Q saw recovery in Telecom. We downgrade rating to Neutral as valuations fairly reflects for recovery and market share gains. Our TP is INR719 (18x Mar22 EPS, 10% discount to 10 year LPA). 4QFY20 revenue/EBITDA/PAT grew 0.9%/0.4%/14.5% YoY to ~INR15.8b/INR2.4b/INR1.4b. FY20 revenues/EBITDA/PAT grew 0.7%/15%/37% YoY to ~INR 68.4b/INR11b/INR6.6b.

Amara Raja Energy & Mobility Ltd. is trading below its 50 day SMA of 1019.6

Amara Raja Energy & Mobility Ltd.

01 Jun 2020

1014.00

-1.69%

Amara Raja Batt

Buy: Amara Raja Energy & Mobili...

Recommendation Target

Dolat Capital

decline in volume in the auto OEM segment was offset by growth in the domestic replacement segment and exports. The home UPS segment was under pressure, as the seasonal demand for inverter batteries was severely impacted by the lockdown restrictions in March. EBITDA was Rs 2.4bn (+0.4% YoY) and margin was 15.4% (-82bps QoQ). The negative operating leverage was partially offset by fall in lead prices, a better product mix and cost control measures. APAT grew15% YoY to Rs 1.36bn due to lower tax rate....

Amara Raja Energy & .. has an average target of 1512.17 from 6 brokers.

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Is Amara Raja Batteries Ltd. worth buying?

1026 Votes:

Buy 80.31%

Sell 11.11%

Hold 8.58%

RESEARCH REPORTS

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