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 ₹ 1,322 Cr.
- Current Price ₹ 118
- High / Low ₹ 158 / 90.2
- Stock P/E 11.2
- Book Value ₹ 115
- Dividend Yield 0.59 %
- ROCE 11.8 %
- ROE 8.92 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 1.03 times its book value
Cons
- Company has a low return on equity of 9.27% over last 3 years.
- Dividend payout has been low at 8.75% 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 Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 491 | 472 | 506 | 564 | 539 | 702 | 761 | 949 | 1,699 | 1,274 | 1,223 | 1,499 | 1,534 | |
| 510 | 466 | 500 | 512 | 463 | 623 | 662 | 783 | 1,299 | 1,114 | 1,060 | 1,321 | 1,333 | |
| Operating Profit | -19 | 6 | 6 | 52 | 76 | 79 | 98 | 166 | 399 | 160 | 163 | 179 | 201 |
| OPM % | -4% | 1% | 1% | 9% | 14% | 11% | 13% | 18% | 24% | 13% | 13% | 12% | 13% |
| 7 | 25 | -2 | 107 | 21 | 0 | -4 | 43 | 21 | -11 | 5 | 3 | 15 | |
| Interest | 58 | 60 | 55 | 47 | 36 | 38 | 38 | 28 | 14 | 15 | 10 | 17 | 14 |
| Depreciation | 68 | 71 | 72 | 34 | 32 | 30 | 43 | 35 | 35 | 40 | 39 | 41 | 46 |
| Profit before tax | -138 | -98 | -123 | 78 | 28 | 12 | 12 | 146 | 372 | 95 | 118 | 124 | 156 |
| Tax % | 0% | -1% | 1% | 0% | 16% | -405% | 83% | 38% | 29% | 20% | 17% | 21% | |
| -138 | -98 | -124 | 78 | 24 | 58 | 2 | 90 | 265 | 76 | 98 | 98 | 114 | |
| EPS in Rs | -12.89 | -9.12 | -11.06 | 6.98 | 2.08 | 5.23 | 0.27 | 8.02 | 23.63 | 6.79 | 8.84 | 8.73 | 10.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 4% | 3% | 10% | 8% | 8% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 15% |
| 3 Years: | -4% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 91% |
| 3 Years: | -27% |
| TTM: | 17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 3% |
| 3 Years: | 5% |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 14% |
| 3 Years: | 9% |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 500 | 416 | 321 | 400 | 421 | 495 | 516 | 606 | 880 | 977 | 1,078 | 1,184 | 1,265 |
| 581 | 590 | 578 | 544 | 377 | 337 | 294 | 203 | 114 | 96 | 41 | 143 | 197 | |
| 116 | 113 | 120 | 170 | 131 | 180 | 212 | 222 | 284 | 297 | 293 | 295 | 226 | |
| Total Liabilities | 1,218 | 1,141 | 1,042 | 1,136 | 952 | 1,034 | 1,045 | 1,054 | 1,301 | 1,392 | 1,435 | 1,645 | 1,711 |
| 632 | 560 | 512 | 423 | 340 | 329 | 339 | 312 | 334 | 392 | 411 | 417 | 441 | |
| CWIP | 28 | 25 | 28 | 14 | 8 | 18 | 26 | 46 | 38 | 64 | 82 | 163 | 203 |
| Investments | 0 | 0 | 0 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 44 | 64 | 66 |
| 558 | 555 | 501 | 695 | 599 | 683 | 677 | 692 | 926 | 932 | 898 | 1,001 | 1,000 | |
| Total Assets | 1,218 | 1,141 | 1,042 | 1,136 | 952 | 1,034 | 1,045 | 1,054 | 1,301 | 1,392 | 1,435 | 1,645 | 1,711 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 36 | 66 | 31 | 74 | -21 | 54 | 92 | 85 | 165 | 106 | 226 | 58 | |
| -7 | 2 | -5 | -1 | 224 | 22 | -3 | 75 | -60 | -77 | -122 | -137 | |
| -32 | -44 | -57 | -74 | -203 | -76 | -82 | -118 | -113 | -43 | -74 | 77 | |
| Net Cash Flow | -3 | 23 | -31 | -0 | 0 | -1 | 7 | 42 | -8 | -14 | 30 | -2 |
| Free Cash Flow | 16 | 61 | 14 | 72 | 189 | 51 | 58 | 59 | 84 | 23 | 161 | -63 |
| CFO/OP | -193% | 1,061% | 557% | 146% | -26% | 71% | 104% | 64% | 61% | 77% | 155% | 47% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 83 | 70 | 77 | 75 | 61 | 63 | 57 | 63 | 49 | 53 | 52 | 61 |
| Inventory Days | 393 | 424 | 368 | 352 | 406 | 316 | 268 | 227 | 175 | 286 | 283 | 228 |
| Days Payable | 56 | 64 | 73 | 102 | 53 | 58 | 59 | 53 | 40 | 28 | 37 | 32 |
| Cash Conversion Cycle | 420 | 431 | 371 | 325 | 413 | 322 | 266 | 236 | 184 | 311 | 298 | 256 |
| Working Capital Days | 67 | 68 | 19 | 97 | 171 | 98 | 74 | 86 | 97 | 150 | 148 | 126 |
| ROCE % | -7% | -3% | -6% | 3% | 7% | 6% | 7% | 16% | 41% | 12% | 12% | 12% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Nov 2025 | |
|---|---|---|---|---|---|---|---|
| Aggregate Global Manufacturing Capacity Cylinders per Year |
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| Order Book Value Rs. Crore |
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| Standalone Capacity Utilization % ・Standalone data |
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| Total Cylinders Manufactured to Date Million Units |
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| US Subsidiary Order Book USD Million ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Outcome for Board Meeting For Consideration Of Audited Annual Accounts And Recommendation Of Dividend For The Financial Year 2025-26.
58m - FY26 audited results approved; Rs0.70 dividend recommended; N.P. Gupta appointed CEO from July 1, 2026.
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Audited Annual Accounts And Recommendation Of Dividend For The Financial Year 2025-26.
1h - FY26 audited results approved; final dividend Rs0.70/share; N.P. Gupta appointed CEO from July 1, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Q4 and FY26 earnings conference call on June 3, 2026 at 4:30 p.m. IST.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
2d - Annual Secretarial Compliance Report for FY2026 shows full compliance and no regulatory actions.
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Board Meeting Intimation for Consideration Of Audited Financial Results For The Quarter And Year Ended March 31, 2026
18 May - Board meets May 29, 2026 to approve audited FY26 results and consider dividend.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
Concalls
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
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Jun 2024Transcript PPT
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Feb 2024TranscriptPPT
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Feb 2024Transcript PPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Feb 2023TranscriptAI SummaryPPT
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Nov 2022Transcript PPT
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Nov 2022TranscriptAI SummaryPPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022Transcript PPT
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Nov 2021TranscriptAI SummaryPPT
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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 2020TranscriptAI SummaryPPT
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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]