Everest Kanto Cylinder Ltd

Everest Kanto Cylinder Ltd

₹ 131 -0.11%
28 Mar - 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

Product Portfolio
The company’s wide and versatile range includes Industrial Gas Cylinders, CNG Cylinders, CNG Cylinder Cascades, Jumbo Cylinders, Jumbo Skids, and Composite Cylinders. [1]

  • Market Cap 1,474 Cr.
  • Current Price 131
  • High / Low 179 / 89.4
  • Stock P/E 25.4
  • Book Value 60.1
  • Dividend Yield 0.53 %
  • 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.

Peer comparison

Sector: Packaging Industry: Packaging

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
200 232 245 303 348 372 270 196 143 180 166 182 207
151 173 162 207 268 279 221 171 131 159 148 159 176
Operating Profit 50 60 83 95 80 93 50 24 12 22 18 23 30
OPM % 25% 26% 34% 31% 23% 25% 18% 12% 8% 12% 11% 12% 15%
4 -8 3 4 4 1 3 4 7 -0 4 2 4
Interest 4 6 2 2 2 3 2 2 2 2 1 1 1
Depreciation 5 5 5 5 5 5 5 5 5 7 5 6 6
Profit before tax 45 41 80 93 77 86 46 21 11 12 16 18 28
Tax % 32% 39% 35% 35% 36% 23% 24% 28% 8% 9% 40% 21% 21%
31 25 52 60 49 67 35 15 10 11 10 14 22
EPS in Rs 2.73 2.23 4.62 5.38 4.39 5.95 3.12 1.37 0.93 1.00 0.86 1.26 1.94
Raw PDF

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: 23%
5 Years: 37%
3 Years: 21%
1 Year: 43%
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%

Shareholding Pattern

Numbers in percentages

12 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
67.39% 67.39% 67.39% 67.39% 67.39% 67.39% 67.39% 67.39% 67.39% 67.39% 67.39% 67.39%
0.09% 0.07% 0.16% 0.56% 0.37% 0.79% 0.65% 0.51% 0.49% 0.31% 0.41% 0.63%
0.46% 0.37% 0.33% 0.51% 0.34% 0.33% 0.33% 0.33% 0.13% 0.79% 0.79% 0.79%
32.06% 32.17% 32.12% 31.54% 31.91% 31.49% 31.62% 31.79% 31.99% 31.51% 31.40% 31.20%
No. of Shareholders 40,21361,68147,93742,43045,82149,16358,32561,96962,82659,29264,78067,331

* 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.

Click on the line-items to see the names of individual entities.

Documents

Concalls