Everest Kanto Cylinder Ltd

Everest Kanto Cylinder Ltd

₹ 138 5.30%
23 May - close price
About

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]

Key Points

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]

  • Market Cap 1,546 Cr.
  • Current Price 138
  • High / Low 232 / 97.0
  • Stock P/E 26.7
  • Book Value 66.8
  • Dividend Yield 0.51 %
  • ROCE 11.4 %
  • ROE 7.95 %
  • 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 8.69% over last 3 years.
  • Dividend payout has been low at 8.49% 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

Sector: Packaging Industry: Packaging

Part of BSE SmallCap BSE Allcap BSE Industrials

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
371.84 270.43 195.67 143.23 180.32 165.69 182.26 206.57 217.00 196.01 238.77 244.25 267.19
278.78 220.76 171.31 131.24 158.74 147.51 159.49 176.28 197.41 177.67 216.57 207.78 243.56
Operating Profit 93.06 49.67 24.36 11.99 21.58 18.18 22.77 30.29 19.59 18.34 22.20 36.47 23.63
OPM % 25.03% 18.37% 12.45% 8.37% 11.97% 10.97% 12.49% 14.66% 9.03% 9.36% 9.30% 14.93% 8.84%
1.41 2.80 4.28 6.87 -0.22 4.15 1.59 3.83 -1.12 4.10 3.84 3.30 -3.81
Interest 3.17 1.55 2.30 2.13 2.22 0.95 0.75 0.65 1.08 0.75 1.54 3.26 3.64
Depreciation 4.91 4.94 5.19 5.38 6.78 5.44 5.73 5.81 6.58 6.01 6.30 6.19 6.12
Profit before tax 86.39 45.98 21.15 11.35 12.36 15.94 17.88 27.66 10.81 15.68 18.20 30.32 10.06
Tax % 22.73% 23.79% 27.57% 7.58% 9.39% 39.71% 20.97% 21.33% 22.66% 25.32% 26.37% 24.70% 46.42%
66.75 35.04 15.32 10.49 11.20 9.61 14.13 21.76 8.36 11.71 13.40 22.83 5.39
EPS in Rs 5.95 3.12 1.37 0.93 1.00 0.86 1.26 1.94 0.75 1.04 1.19 2.03 0.48
Raw PDF

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
204 180 171 244 323 452 490 751 1,268 790 772 946
234 203 195 207 273 378 411 568 914 678 679 846
Operating Profit -29 -23 -24 37 49 74 78 183 354 111 92 101
OPM % -14% -13% -14% 15% 15% 16% 16% 24% 28% 14% 12% 11%
13 -8 -26 86 8 7 -2 16 11 11 8 7
Interest 50 51 48 37 27 27 28 22 10 9 5 9
Depreciation 22 17 17 15 13 13 23 19 19 22 24 25
Profit before tax -88 -99 -114 72 18 41 26 159 335 91 72 74
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
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
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 3% 3% 11% 15% 0%
Compounded Sales Growth
10 Years: 18%
5 Years: 14%
3 Years: -9%
TTM: 23%
Compounded Profit Growth
10 Years: 11%
5 Years: 24%
3 Years: -37%
TTM: 10%
Stock Price CAGR
10 Years: 31%
5 Years: 59%
3 Years: -4%
1 Year: -2%
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
Equity Capital 21 21 22 22 22 22 22 22 22 22 22 22
Reserves 262 162 54 130 144 230 244 347 572 636 682 727
397 415 349 332 224 200 158 116 87 50 2 126
106 101 213 218 183 232 219 202 168 107 109 98
Total Liabilities 787 699 639 703 574 683 644 688 849 816 815 974
299 269 254 193 207 200 195 180 196 230 250 248
CWIP 25 23 24 7 0 8 15 35 30 52 62 110
Investments 110 91 71 54 45 98 98 40 40 25 66 85
352 315 290 448 321 378 337 434 584 509 438 531
Total Assets 787 699 639 703 574 683 644 688 849 816 815 974

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 28 27
Cash Conversion Cycle 335 322 69 82 58 24 48 56 125 242 185 195
Working Capital Days 296 346 53 149 116 32 -6 53 92 167 134 171
ROCE % -5% -4% -7% 6% 12% 16% 14% 36% 59% 13% 11% 11%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
67.39% 67.39% 67.39% 67.39% 67.39% 67.39% 67.39% 67.39% 67.39% 67.38% 67.38% 67.38%
0.79% 0.65% 0.51% 0.49% 0.31% 0.41% 0.63% 0.70% 1.44% 1.40% 2.43% 1.80%
0.33% 0.33% 0.33% 0.13% 0.79% 0.79% 0.79% 0.19% 0.07% 0.07% 0.08% 0.10%
31.49% 31.62% 31.79% 31.99% 31.51% 31.40% 31.20% 31.73% 31.11% 31.16% 30.09% 30.71%
No. of Shareholders 49,16358,32561,96962,82659,29264,78067,33173,60177,25886,65991,92291,429

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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