Everest Kanto Cylinder Ltd

Everest Kanto Cylinder Ltd

₹ 113 0.67%
19 Jun 10:01 a.m.
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:[1]
Everest Kanto Cylinder, established in 1978, is
a clean energy solutions company and a global manufacturer of seamless steel gas cylinders
with over 20 Mn industrial gas and CNG cylinders currently in service.

  • Market Cap 1,266 Cr.
  • Current Price 113
  • High / Low 158 / 90.2
  • Stock P/E 8.62
  • Book Value 125
  • Dividend Yield 0.62 %
  • ROCE 11.6 %
  • ROE 11.3 %
  • Face Value 2.00

Pros

  • Stock is trading at 0.90 times its book value

Cons

  • The company has delivered a poor sales growth of 9.15% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 10.0% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
298 268 299 329 326 343 367 367 422 387 360 365 358
248 231 258 278 295 301 314 327 384 326 317 306 319
Operating Profit 50 37 41 52 31 41 53 40 38 61 43 59 40
OPM % 17% 14% 14% 16% 9% 12% 14% 11% 9% 16% 12% 16% 11%
1 3 0 3 -2 4 5 2 -4 19 -7 7 2
Interest 3 2 2 2 2 2 3 5 4 4 4 3 4
Depreciation 11 9 10 10 11 10 11 10 11 11 11 14 15
Profit before tax 37 28 30 43 17 33 45 27 19 65 21 51 23
Tax % 1% 24% 12% 15% 21% 15% 13% 34% 31% 21% 35% 29% -101%
36 22 26 36 13 28 39 18 13 52 14 36 46
EPS in Rs 3.24 1.94 2.35 3.27 1.29 2.50 3.43 1.61 1.19 4.60 1.22 3.18 4.09
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
472 506 564 539 702 761 949 1,699 1,274 1,223 1,499 1,471
466 500 512 463 623 662 783 1,299 1,114 1,060 1,321 1,268
Operating Profit 6 6 52 76 79 98 166 399 160 163 179 203
OPM % 1% 1% 9% 14% 11% 13% 18% 24% 13% 13% 12% 14%
25 -2 107 21 0 -4 43 21 -11 5 3 21
Interest 60 55 47 36 38 38 28 14 15 10 17 14
Depreciation 71 72 34 32 30 43 35 35 40 39 41 50
Profit before tax -98 -123 78 28 12 12 146 372 95 118 124 160
Tax % -1% 1% 0% 16% -405% 83% 38% 29% 20% 17% 21% 8%
-98 -124 78 24 58 2 90 265 76 98 98 147
EPS in Rs -9.12 -11.06 6.98 2.08 5.23 0.27 8.02 23.63 6.79 8.84 8.73 13.09
Dividend Payout % 0% 0% 0% 0% 0% 0% 4% 3% 10% 8% 8% 5%
Compounded Sales Growth
10 Years: 11%
5 Years: 9%
3 Years: 5%
TTM: -2%
Compounded Profit Growth
10 Years: 12%
5 Years: 18%
3 Years: 18%
TTM: 43%
Stock Price CAGR
10 Years: 22%
5 Years: 3%
3 Years: -4%
1 Year: -13%
Return on Equity
10 Years: 11%
5 Years: 13%
3 Years: 10%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 21 22 22 22 22 22 22 22 22 22 22 22
Reserves 416 321 400 421 495 516 606 880 977 1,078 1,184 1,377
590 578 544 377 337 294 203 114 96 41 143 267
113 120 170 131 180 212 222 284 297 293 295 227
Total Liabilities 1,141 1,042 1,136 952 1,034 1,045 1,054 1,301 1,392 1,435 1,645 1,894
560 512 423 340 329 339 312 334 392 411 417 593
CWIP 25 28 14 8 18 26 46 38 64 82 163 162
Investments 0 0 3 4 3 3 3 3 3 44 64 68
555 501 695 599 683 677 692 926 932 898 1,001 1,071
Total Assets 1,141 1,042 1,136 952 1,034 1,045 1,054 1,301 1,392 1,435 1,645 1,894

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
66 31 74 -21 54 92 85 165 106 226 58 142
2 -5 -1 224 22 -3 75 -60 -77 -122 -137 -200
-44 -57 -74 -203 -76 -82 -118 -113 -43 -74 77 31
Net Cash Flow 23 -31 -0 0 -1 7 42 -8 -14 30 -2 -28
Free Cash Flow 61 14 72 189 51 58 59 84 23 161 -63 -31
CFO/OP 1,061% 557% 146% -26% 71% 104% 64% 61% 77% 155% 47% 90%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 70 77 75 61 63 57 63 49 53 52 61 55
Inventory Days 424 368 352 406 316 268 227 175 286 283 228 258
Days Payable 64 73 102 53 58 59 53 40 28 37 32 26
Cash Conversion Cycle 431 371 325 413 322 266 236 184 311 298 256 288
Working Capital Days 68 19 97 171 98 74 86 97 150 148 126 162
ROCE % -3% -6% 3% 7% 6% 7% 16% 41% 12% 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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Consolidated Sales Volume
Units
Electricity Consumption
kWh / MT ・Standalone data
Cylinders in Service (Cumulative)
Million Units
Operating Cycle
Days
Order Book Value
Rs. Crore
Standalone Capacity Utilization
% ・Standalone data
Total Cylinders Manufactured to Date
Million Units
US Subsidiary Order Book
USD Million ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
67.39% 67.39% 67.39% 67.39% 67.39% 67.38% 67.38% 67.38% 67.38% 67.38% 67.38% 67.38%
0.31% 0.41% 0.63% 0.70% 1.44% 1.40% 2.43% 1.80% 1.39% 1.67% 1.43% 1.24%
0.79% 0.79% 0.79% 0.19% 0.07% 0.07% 0.08% 0.10% 0.16% 0.16% 0.21% 0.23%
31.51% 31.40% 31.20% 31.73% 31.11% 31.16% 30.09% 30.71% 31.07% 30.79% 30.99% 31.16%
No. of Shareholders 59,29264,78067,33173,60177,25886,65991,92291,42990,85589,27685,65784,302

* 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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