--- title: "Exedy India (505923) Financials & Shareholding" symbol: "505923" company: "Exedy India Ltd" canonical: "https://tapetide.com/stocks/505923" isin: "INE773A01014" bse_code: "505923" generated_at: "2026-11-05T01:45:24.261Z" --- # Exedy India (505923) Canonical page: https://tapetide.com/stocks/505923 ## Company - **BSE code:** 505923 - **ISIN:** INE773A01014 - **In the F&O segment:** No ## Key Insights ### Weaknesses - Company has low interest coverage ratio. - The company has delivered a poor sales growth of 3.64% over past five years. ## Growth Rate Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure. Annual windows: The latest annual results are more than two years old, so no annual growth is shown. Trailing twelve months: No quarterly results are reported. ## Financial Statements Not shown: Quarterly Results. Not this company's figures: left behind by an earlier update and not confirmed by the latest one. ### Profit & Loss Figures in ₹ crore unless the row name gives another unit. | Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Sales | 96 | 100 | 148 | 196 | 210 | 251 | 305 | 301 | 321 | 303 | 347 | 365 | | Expenses | 87 | 99 | 144 | 189 | 226 | 245 | 304 | 297 | 315 | 286 | 340 | 351 | | Operating Profit | 9 | 1 | 5 | 7 | -16 | 6 | 1 | 4 | 6 | 17 | 7 | 14 | | OPM % | 10% | 0.8% | 3.2% | 3.4% | -8% | 2.4% | 0.3% | 1.4% | 1.9% | 6% | 2.1% | 3.7% | | Other Income | 3 | 3 | 8 | 0 | 0 | 6 | 0 | 10 | 3 | 4 | 2 | 3 | | Interest | 3 | 5 | 6 | 6 | 6 | 7 | 7 | 8 | 6 | 6 | 5 | 6 | | Depreciation | 5 | 6 | 7 | 8 | 9 | 8 | 9 | 10 | 10 | 10 | 9 | 11 | | Profit before tax | 4 | -7 | -1 | -6 | -31 | -3 | -15 | -4 | -7 | 5 | -5 | 0 | | Tax % | 40% | 2% | 0% | 0% | 0% | -5% | 0% | 0% | 0% | 39% | 0% | 0% | | Net Profit | 3 | -7 | -1 | -6 | -31 | -3 | -15 | -4 | -7 | 3 | -5 | 0 | | EPS in Rs | — | — | -1.76 | -10.79 | -52.09 | -4.36 | -24.36 | -6.88 | -10.92 | 5.49 | -8.59 | -0.43 | | Dividend Payout % | 23% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | ### Balance Sheet Figures in ₹ crore unless the row name gives another unit. | Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Equity Capital | 4 | 4 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | | Reserves | 15 | 7 | 17 | 10 | -21 | -24 | -38 | -43 | -49 | -46 | -51 | -51 | | Borrowings | 56 | 69 | 62 | 76 | 69 | 72 | 74 | 73 | 66 | 64 | 62 | 61 | | Other Liabilities | 22 | 41 | 51 | 73 | 98 | 116 | 140 | 134 | 150 | 141 | 141 | 143 | | Total Liabilities | 97 | 121 | 136 | 165 | 152 | 170 | 182 | 170 | 173 | 165 | 158 | 158 | | Fixed Assets | 35 | 54 | 52 | 54 | 60 | 74 | 77 | 74 | 72 | 64 | 58 | 55 | | CWIP | 9 | 6 | 5 | 6 | 7 | 1 | 0 | 0 | 1 | 1 | 2 | 0 | | Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Other Assets | 53 | 61 | 78 | 106 | 85 | 95 | 105 | 97 | 99 | 100 | 98 | 103 | | Total Assets | 97 | 121 | 136 | 165 | 152 | 170 | 182 | 170 | 173 | 165 | 158 | 158 | ### Cash Flow Figures in ₹ crore unless the row name gives another unit. | Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Cash from Operating Activity | 2 | 11 | 6 | 8 | 16 | 22 | 26 | 11 | 21 | 13 | 6 | 6 | | Cash from Investing Activity | -11 | -22 | -5 | -10 | -15 | -11 | -13 | -5 | -8 | -1 | -4 | -5 | | Cash from Financing Activity | 9 | 10 | 8 | 9 | -12 | -7 | -7 | -8 | -14 | -7 | -8 | -6 | | Net Cash Flow | 0 | 0 | 8 | 7 | -11 | 4 | 7 | -2 | -1 | 4 | -5 | -6 | | Free Cash Flow | -9 | -10 | 1 | -2 | 1 | 11 | 14 | 6 | 13 | 11 | 4 | 1 | | CFO/EBITDA | 36 | 1,499 | 123 | 119 | -99 | 367 | 3,269 | 274 | 338 | 74 | 90 | 45 | ### Ratios | Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Debtor Days | 68 | 72 | 62 | 66 | 51 | 53 | 44 | 46 | 49 | 48 | 46 | 47 | | Inventory Days | 145 | 154 | 104 | 103 | 95 | 82 | 68 | 56 | 51 | 61 | 52 | 59 | | Days Payable | 116 | 206 | 182 | 157 | 204 | 212 | 194 | 196 | 227 | 228 | 190 | 167 | | Cash Conversion Cycle | 97 | 20 | -16 | 13 | -57 | -78 | -83 | -94 | -127 | -119 | -92 | -61 | | Working Capital Days | 114 | 71 | 45 | 17 | -41 | -47 | -62 | -65 | -74 | -72 | -60 | -47 | | ROCE % | 11% | -2% | 7% | -1% | -35% | 8% | -16% | 9% | 0% | 46% | 1% | 32% | ## Shareholding Pattern Not shown: Shareholding Pattern. Not this company's figures: left behind by an earlier update and not confirmed by the latest one. ## Documents ### Credit ratings | Date | Document | | --- | --- | | 24 Mar 2020 | [Credit rating update — CARE Ratings](https://www.careratings.com/upload/CompanyFiles/PR/Exedy%20India%20Limited-03-24-2020.pdf) | | 29 Jan 2019 | [Credit rating update — CARE Ratings](https://www.careratings.com/upload/CompanyFiles/PR/Exedy%20India%20Limited-01-29-2019.pdf) | | 6 Apr 2018 | [Credit rating update — CARE Ratings](https://www.careratings.com/upload/CompanyFiles/PR/Exedy%20India%20Ltd.-04-06-2018.pdf) | | 9 Mar 2017 | [Credit rating update — CARE Ratings](https://www.careratings.com/upload/CompanyFiles/PR/Exedy%20India%20Limited-03-09-2017.pdf) | ## Frequently Asked Questions about Exedy ### What does Exedy India Ltd do? Exedy India is a leader in the field of automotive clutches. ### Where is Exedy India Ltd (505923) listed? Exedy India Ltd trades under code 505923 on the BSE. ## Company Information Exedy India is a leader in the field of automotive clutches. - **Website:** https://exedyindia.in/ - **Face Value:** ₹10 --- Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time. Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text. For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser. Generated 5 Nov 2026, 07:15 IST.