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 ₹ 1,283 Cr.
- Current Price ₹ 114
- High / Low ₹ 176 / 97.0
- Stock P/E 19.2
- Book Value ₹ 68.8
- Dividend Yield 0.61 %
- ROCE 11.6 %
- ROE 7.94 %
- Face Value ₹ 2.00
Pros
- Company's median sales growth is 22.6% of last 10 years
Cons
- Company has a low return on equity of 8.83% over last 3 years.
- Dividend payout has been low at 13.4% of profits over last 3 years
* 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.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 204 | 180 | 171 | 244 | 323 | 452 | 490 | 751 | 1,268 | 790 | 772 | 946 | 981 | |
| 234 | 203 | 195 | 207 | 273 | 378 | 411 | 568 | 914 | 678 | 679 | 845 | 854 | |
| Operating Profit | -29 | -23 | -24 | 37 | 49 | 74 | 78 | 183 | 354 | 111 | 92 | 101 | 127 |
| OPM % | -14% | -13% | -14% | 15% | 15% | 16% | 16% | 24% | 28% | 14% | 12% | 11% | 13% |
| 13 | -8 | -26 | 86 | 8 | 7 | -2 | 16 | 11 | 11 | 8 | 7 | -5 | |
| Interest | 50 | 51 | 48 | 37 | 27 | 27 | 28 | 22 | 10 | 9 | 5 | 10 | 12 |
| Depreciation | 22 | 17 | 17 | 15 | 13 | 13 | 23 | 19 | 19 | 22 | 24 | 25 | 24 |
| Profit before tax | -88 | -99 | -114 | 72 | 18 | 41 | 26 | 159 | 335 | 91 | 72 | 74 | 86 |
| Tax % | 0% | -0% | 1% | 0% | 27% | -116% | 39% | 35% | 32% | 21% | 25% | 28% | |
| -88 | -99 | -115 | 71 | 13 | 88 | 16 | 103 | 228 | 72 | 54 | 53 | 58 | |
| EPS in Rs | -8.24 | -9.25 | -10.25 | 6.37 | 1.16 | 7.80 | 1.42 | 9.16 | 20.33 | 6.42 | 4.80 | 4.75 | 5.16 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3% | 3% | 11% | 15% | 15% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 14% |
| 3 Years: | -9% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 24% |
| 3 Years: | -37% |
| TTM: | 17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 14% |
| 3 Years: | 6% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 18% |
| 3 Years: | 9% |
| Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 21 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 262 | 162 | 54 | 130 | 144 | 230 | 244 | 347 | 572 | 636 | 682 | 727 | 749 |
| 397 | 415 | 349 | 332 | 224 | 200 | 158 | 116 | 87 | 50 | 2 | 106 | 128 | |
| 106 | 101 | 213 | 218 | 183 | 232 | 219 | 202 | 168 | 107 | 109 | 118 | 97 | |
| Total Liabilities | 787 | 699 | 639 | 703 | 574 | 683 | 644 | 688 | 849 | 816 | 815 | 974 | 997 |
| 299 | 269 | 254 | 193 | 207 | 200 | 195 | 180 | 196 | 230 | 250 | 248 | 244 | |
| CWIP | 25 | 23 | 24 | 7 | 0 | 8 | 15 | 35 | 30 | 52 | 62 | 110 | 133 |
| Investments | 110 | 91 | 71 | 54 | 45 | 98 | 98 | 40 | 40 | 25 | 66 | 85 | 88 |
| 352 | 315 | 290 | 448 | 321 | 378 | 337 | 434 | 584 | 509 | 438 | 531 | 531 | |
| Total Assets | 787 | 699 | 639 | 703 | 574 | 683 | 644 | 688 | 849 | 816 | 815 | 974 | 997 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24 | -12 | 103 | 43 | -9 | 49 | 96 | 70 | 75 | 92 | 156 | -18 | |
| 8 | 38 | 4 | 8 | 144 | 1 | -23 | 42 | -63 | -43 | -106 | -68 | |
| -33 | -30 | -105 | -53 | -134 | -51 | -69 | -64 | -43 | -55 | -62 | 87 | |
| Net Cash Flow | -1 | -4 | 2 | -1 | 1 | -1 | 4 | 48 | -31 | -6 | -12 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 79 | 107 | 87 | 75 | 56 | 68 | 66 | 64 | 56 | 47 | 54 | 58 |
| Inventory Days | 398 | 393 | 317 | 281 | 227 | 172 | 142 | 113 | 107 | 218 | 158 | 164 |
| Days Payable | 142 | 178 | 335 | 274 | 225 | 216 | 160 | 121 | 38 | 24 | 33 | 27 |
| Cash Conversion Cycle | 335 | 322 | 69 | 82 | 58 | 24 | 48 | 56 | 125 | 242 | 179 | 195 |
| Working Capital Days | 142 | 131 | -107 | 51 | 35 | -25 | -55 | 24 | 68 | 145 | 133 | 113 |
| ROCE % | -5% | -4% | -7% | 6% | 12% | 16% | 14% | 36% | 59% | 13% | 11% | 12% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - Certificate for the quarter ended December 31, 2025 as received from MUFG Intime India Private Limited, the Registrar and Share Transfer Agent of the Company.
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015-Commencement Of Commercial Production Of Ratadiya Unit.
31 Dec - Everest Kanto Cylinder commenced commercial production and dispatches at Ratadiya (Mundra) unit on Dec 31, 2025.
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 Along With Details Required As Per Industry Standards Forum Note.
31 Dec - GST order: demand Rs1,02,00,279 (tax 53.40L, interest 43.26L, penalty 5.34L) for FY2021-22; pay by 31/03/2026.
- Closure of Trading Window 31 Dec
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
21 Nov 2025 - Q2 FY26: Consolidated revenue Rs360.4cr, EBITDA Rs42.9cr, PAT Rs13.7cr; Mundra/Egypt plants, US $80m order book.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
Concalls
-
Nov 2025Transcript PPT REC
-
Aug 2025Transcript PPT REC
-
May 2025Transcript PPT REC
-
Feb 2025Transcript PPT REC
-
Nov 2024Transcript PPT REC
-
Aug 2024Transcript PPT REC
-
Jun 2024Transcript PPT
-
Feb 2024TranscriptPPT
-
Feb 2024Transcript PPT
-
Feb 2024TranscriptAI SummaryPPT
-
Nov 2023Transcript PPT REC
-
Aug 2023Transcript PPT REC
-
Jun 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Feb 2023TranscriptAI SummaryPPT
-
Nov 2022Transcript PPT
-
Nov 2022TranscriptAI SummaryPPT
-
Aug 2022Transcript PPT
-
Jun 2022Transcript PPT
-
Feb 2022Transcript PPT
-
Nov 2021TranscriptAI SummaryPPT
-
Aug 2021Transcript PPT
-
Jun 2021Transcript PPT
-
Feb 2021Transcript PPT
-
Nov 2020Transcript PPT
-
Sep 2020TranscriptAI SummaryPPT
-
Jul 2020TranscriptAI SummaryPPT
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]