Everest Kanto Cylinder Ltd
Everest Kanto Cylinder Ltd (EKC) is engaged in the manufacture of high-pressure seamless gas cylinders along with other cylinders and equipments used for containing and storage of natural gas, liquids and air. [1]
- Market Cap ₹ 1,507 Cr.
- Current Price ₹ 134
- High / Low ₹ 179 / 94.6
- Stock P/E 26.0
- Book Value ₹ 60.1
- Dividend Yield 0.52 %
- ROCE 13.4 %
- ROE 10.6 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 27.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.2%
Cons
- Working capital days have increased from 104 days to 167 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
311 | 247 | 204 | 180 | 171 | 244 | 323 | 452 | 490 | 751 | 1,268 | 790 | 735 | |
305 | 259 | 234 | 203 | 195 | 207 | 273 | 378 | 411 | 568 | 914 | 678 | 642 | |
Operating Profit | 6 | -13 | -29 | -23 | -24 | 37 | 49 | 74 | 78 | 183 | 354 | 111 | 93 |
OPM % | 2% | -5% | -14% | -13% | -14% | 15% | 15% | 16% | 16% | 24% | 28% | 14% | 13% |
12 | 11 | 13 | -8 | -26 | 86 | 8 | 7 | -2 | 16 | 11 | 11 | 9 | |
Interest | 15 | 34 | 50 | 51 | 48 | 37 | 27 | 27 | 28 | 22 | 10 | 9 | 5 |
Depreciation | 24 | 23 | 22 | 17 | 17 | 15 | 13 | 13 | 23 | 19 | 19 | 22 | 24 |
Profit before tax | -20 | -58 | -88 | -99 | -114 | 72 | 18 | 41 | 26 | 159 | 335 | 91 | 74 |
Tax % | 39% | 19% | 0% | 0% | -1% | 0% | 27% | -116% | 39% | 35% | 32% | 21% | |
-12 | -48 | -88 | -99 | -115 | 71 | 13 | 88 | 16 | 103 | 228 | 72 | 57 | |
EPS in Rs | -1.14 | -4.43 | -8.24 | -9.25 | -10.25 | 6.37 | 1.16 | 7.80 | 1.42 | 9.16 | 20.33 | 6.42 | 5.06 |
Dividend Payout % | -22% | -5% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3% | 3% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 20% |
3 Years: | 17% |
TTM: | -25% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 28% |
3 Years: | 49% |
TTM: | -55% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 41% |
3 Years: | 6% |
1 Year: | 40% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 26% |
3 Years: | 27% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 21 | 21 | 21 | 21 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 487 | 351 | 262 | 162 | 54 | 130 | 144 | 230 | 244 | 347 | 572 | 636 | 652 |
322 | 376 | 397 | 415 | 349 | 332 | 224 | 200 | 158 | 116 | 87 | 50 | 22 | |
78 | 101 | 106 | 101 | 213 | 218 | 183 | 232 | 219 | 202 | 168 | 107 | 78 | |
Total Liabilities | 908 | 849 | 787 | 699 | 639 | 703 | 574 | 683 | 644 | 688 | 849 | 816 | 775 |
327 | 307 | 299 | 269 | 254 | 193 | 207 | 200 | 195 | 180 | 196 | 230 | 226 | |
CWIP | 24 | 26 | 25 | 23 | 24 | 7 | 0 | 8 | 15 | 35 | 30 | 52 | 71 |
Investments | 109 | 110 | 110 | 91 | 71 | 54 | 45 | 98 | 98 | 40 | 40 | 25 | 25 |
447 | 405 | 352 | 315 | 290 | 448 | 321 | 378 | 337 | 434 | 584 | 509 | 453 | |
Total Assets | 908 | 849 | 787 | 699 | 639 | 703 | 574 | 683 | 644 | 688 | 849 | 816 | 775 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-24 | 62 | 24 | -12 | 103 | 43 | -9 | 49 | 96 | 70 | 75 | 92 | |
18 | 5 | 8 | 38 | 4 | 8 | 144 | 1 | -23 | 42 | -63 | -43 | |
3 | -67 | -33 | -30 | -105 | -53 | -134 | -51 | -69 | -64 | -43 | -55 | |
Net Cash Flow | -2 | -1 | -1 | -4 | 2 | -1 | 1 | -1 | 4 | 48 | -31 | -6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 75 | 84 | 79 | 107 | 87 | 75 | 56 | 68 | 66 | 64 | 56 | 47 |
Inventory Days | 446 | 392 | 398 | 393 | 317 | 281 | 227 | 172 | 142 | 113 | 107 | 218 |
Days Payable | 65 | 100 | 142 | 178 | 335 | 274 | 225 | 216 | 160 | 121 | 38 | 24 |
Cash Conversion Cycle | 456 | 375 | 335 | 322 | 69 | 82 | 58 | 24 | 48 | 56 | 125 | 242 |
Working Capital Days | 98 | 389 | 296 | 346 | 53 | 149 | 116 | 32 | -6 | 53 | 92 | 167 |
ROCE % | -1% | -3% | -5% | -4% | -7% | 6% | 12% | 16% | 14% | 36% | 59% | 13% |
Documents
Announcements
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Intimation Under Regulation 30 Of SEBI(LODR) Regulations, 2015.
19 Apr - In compliance with Clause 20 of Para A of Part A of Schedule III to the SEBI(LODR) Regulations, 2015 we enclose herewith information regarding Order …
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Compliance Under Regulation 40(10) Of SEBI (LODR) Regulations, 2015.
18 Apr - Certificate from practicing company secretary under Regulation 40(9) of SEBI (LODR) Regulations, 2015.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 17 Apr
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Compliance Certificate For The Year Ended March 31, 2024.
15 Apr - Certificate under regulation 7(3) of the SEBI(Listing Obligation and Disclosure Requirements) Regulations, 2015 for the year ended March 31, 2015.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants)Regulations, 2018 for the quarter ended March 31, 2024.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Feb 2024TranscriptPPT
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Feb 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
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Feb 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Nov 2022Transcript PPT
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Nov 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021Transcript PPT
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Jun 2021Transcript PPT
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Feb 2021Transcript PPT
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Nov 2020Transcript PPT
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Sep 2020TranscriptNotesPPT
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Jul 2020TranscriptNotesPPT
Company Overview
Everest Kanto Cylinder (EKC) is a manufacturer of seamless steel gas cylinders with 20 mn + industrial gas and CNG cylinders currently in service. It is the largest Asian manufacturer of High-Pressure gas cylinders. [1]