Amara Raja Batteries Ltd is mainly the flagship company of the Amara Raja Group with 26% equity each from Galla Family and Johnson Controls Inc, USA, is the technology leader. This company is one of the largest manufacturers of lead-acid batteries for both industrial and automotive applications in the Indian storage battery industry. Today we are going to talk about Amara Raja Batteries Share Price.
Amara Raja Batteries Ltd (ARBL) has prestigious original equipment manufacturers like Maruti Suzuki India Limited, Hyundai Motors India Limited, Ford India Limited, Tata Motors Limited, Mahindra and Mahindra Limited, Honda Cars India Limited, Renault Nissan, Honda Motorcycles and Scooters India Private Ltd, Royal Enfield, Bajaj Auto Ltd, and many more as its clients. This company’s Industrial and Automotive batteries are exported to thirty-two countries across the globe. In India, Amara Raja is the preferred supplier to major telecom service providers, Telecom equipment manufacturers, UPS sector which provides OEM and Replacement, Indian Railways and to Power, Oil, and Gas among other industry segments.
About the company
Amara Raja Batteries Ltd is the largest manufacturer of Standby Valve Regulated Lead Acid (VRLA) batteries in the Indian Ocean Rim comprising the area ranging from Africa and the Middle East to South East Asia. This company is mainly based in Hyderabad, with a fully integrated manufacturing unit at Tirupati. Amara Raja Valve Regulated Lead Acid (VRLA) Batteries has reached a position of leadership in a very short span. This company is the largest supplier of VRLA SMF stand-by batteries to core Indian utilities such as Indian Railways, Power Generating stations, BSNL, MTNL, VSNL, ITI, and HTL. Major MNCs like ABB, Alcatel, Ericsson, Fujitsu, Lucent, Motorola, Nokia, APC, and Siemens are some among ARBLâ€™s clients. Amara Raja Batteries Ltd is a part of a global supply alliance that includes Johnson Controls Inc., USA, and JC Batterien in Germany. This company’s alliance supplies batteries to every major auto manufacturer in the world including General Motors, Ford, Daimler Chrysler, Toyota, Volvo, Hyundai, Maruti, Nissan, Honda, Volkswagen and Fiat among others.
Company summary –
Amara Raja Batteries Ltd is in the Auto Ancillaries sector. The current market capitalization stands at Rs 12,308.75 crore. This company is listed on the BSE with a BSE Code of 500008 and the NSE with an NSE Code of AMARAJABAT. The Registered office of this company is at Renigunta-Cuddapah Road, Karakambadi, Tirupati, Andhra Pradesh – 517520. Also, Amara Raja Batteries Ltd’s Registrars are Cameo Corporate Services Ltd. which is located at “Subramanian Building”, No.1, Vth Floor, Club House Road Chennai (Madras) – 600002, Tamil Nadu.
Amara Raja Batteries Share Price Graph
Company financials :
Amara Raja Batteries Ltd was incorporated in the year 1985. Its today’s share price is 722.35. Its current market capitalization stands at Rs 11,845.85 Cr, with a Book Value of Rs. 171.97
and Face Value of Rs. 1. In the latest quarter (June 2018), the company has reported Gross Sales of Rs. 1753.05 Cr., Total Income of Rs. 1767.29 Cr., Public Shareholding number of 0, and no of shares which is Non Encumbered of 0 and Net Profit After Tax of Rs. 120.23 Cr. Its industry P/E is 29.04 and EPS stands at the level of 27.96. Price to book value ratio is 4.03.
The company’s management includes Ramachandra N Galla, Jayadev Galla, Nagarjun Valluripalli, N Sri Vishnu Raju, T R Narayanaswamy, M R Rajaram, Bhairavi Tushar Jain, Marc D Andraca, Claudio Morfe.
It is listed on the BSE with a BSE Code of 500008, NSE with an NSE Symbol of AMARAJABAT and ISIN of INE885A01032.
The Board of Directors of the company :
- Ramachandra N Galla is the Chairman of this company.
- T R Narayanaswamy is an Ind. Non-Executive Director of this company.
- N Sri Vishnu Raju is an Ind. Non-Executive Director of this company.
- Marc D Andraca is Executive Director of this company.
- Jayadev Galla is the Vice Chairman and Managing Director of this company.
- Nagarjun Valluripalli is an Ind. Non-Executive Director of this company.
- Bhairavi Tushar Jani is an Ind. Non-Executive Director of this company.
- Claudio Morfe is an Additional Director of this company.
Name of the Shareholder belonging to the category – “Public and holding more than 1% of the Total No.of Shares” :
- Bodies Corporate.
- Nalanda India Equity Fund Limited.
- ICICI Mutual Fund – All Schemes.
- Franklin Templeton Mutual Fund – All Schemes.
- Clearing Members.
- Smallcap World Fund, Inc.
- UTI Mutual Fund – All Schemes.
- National Westminister Bank Plc as trustee of St. James’s place emerging markets equity unit trust which is managed by Wasatch Advisors INC.
- Non-Resident Indian (NRI).
- Foreign Portfolio Investor (Category – III).
- Unclaimed Suspense Account.
News of the company :
As on the date (12-11-2018) ICICI Direct recommended hold rating on Amara Raja Batteries with a target price of Rs 835 in its research report. This company September 2018 standalone Net Sales was at Rs 1,753.05 crore, up 22.81% from Rs. 1,427.50 Cr (September 2017).
Quarterly Net Profit of the company was at 120.23 Cr. (September 2018) down 5.49% from 2017 September report Rs. 127.22 Cr. EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortization) was at the level of Rs. 250.86 Cr which is 0.22% up from the previous year. The company’s EPS has decreased to 7.04 in 2018 September from 7.45. Besides this, Amara Raja’s shares closed at 779.05 on November 7, 2018 (NSE). It has given 12.08% returns over the last 6 months and 14.42% last 12 months.
Shareholding Pattern of the Company:
Now come to the main part of the article Amara Raja Batteries Share Price. According to the latest report, Amara Raja Batteries Share Price pattern is quite clear. As per the year 2018 September, Promoters shareholding is 52.06%. Public (FII+DII) is 47.95%.
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