Everest Industries Ltd

Everest Inds. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Everest Industries Ltd

₹ 1,203 0.20%
19 Apr 4:01 p.m.
everestind.com BSE: 508906 NSE : EVERESTIND
About

Everest Industries Ltd is one of India’s leading and fastest growing complete building solutions providers. Incorporated in 1934, Everest has a rich history in manufacturing of Building materials and Pre-Engineered Steel Buildings. [1]

Key Points

Building Products Segment (76% of revenues) [1]
The segment's product portfolio includes:-
Roofing - one of the largest manufacturers of Asbestos Cement (AC) roofing solutions in India.
Everest Fibre Cement Roof - fibre sheets made using a specially developed fibre orientation process.
Everest Supercolor - coloured fibre cement roofing sheets.
Rooflight - high-quality polycarbonate roofing sheets
Hi-Tech - corrugated cement roofing sheet reinforced with strong factory-produced fibers.
Boards & Panels - boards are manufactured from Portland cement, which helps speed up the construction process.
Heavy Duty Boards - helps create walls that are impact resistant
Artewood - pre-finished premium plank with teakwood texture
Designer Ceilings - easy to install ceilings and offers instant access to the ventilation system. [2]

Website BSE NSE
  • Market Cap ₹ 1,905 Cr.
  • Current Price ₹ 1,203
  • High / Low ₹ 1,451 / 792
  • Stock P/E 83.2
  • Book Value ₹ 376
  • Dividend Yield 0.49 %
  • ROCE 11.6 %
  • ROE 7.65 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 21.2%

Cons

  • Stock is trading at 3.20 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 5.73% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 9.38% over last 3 years.
  • Earnings include an other income of Rs.45.2 Cr.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 18.4 days to 60.6 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: Cement - Products Industry: Cement Products

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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
278.57 346.06 353.78 297.40 336.87 373.14 451.79 355.49 391.84 445.91 484.14 317.15 354.52
262.51 318.06 318.92 287.60 320.75 364.73 417.89 349.11 373.52 435.96 463.63 317.12 346.07
Operating Profit 16.06 28.00 34.86 9.80 16.12 8.41 33.90 6.38 18.32 9.95 20.51 0.03 8.45
OPM % 5.77% 8.09% 9.85% 3.30% 4.79% 2.25% 7.50% 1.79% 4.68% 2.23% 4.24% 0.01% 2.38%
1.69 2.63 3.41 13.89 3.46 8.40 10.66 8.60 1.04 20.13 12.47 7.26 5.37
Interest 0.61 1.03 0.64 0.45 0.62 1.44 1.57 1.59 2.23 26.12 2.67 2.54 3.23
Depreciation 6.46 6.40 6.61 6.68 6.97 8.38 8.54 8.48 8.37 8.39 7.85 8.24 7.90
Profit before tax 10.68 23.20 31.02 16.56 11.99 6.99 34.45 4.91 8.76 -4.43 22.46 -3.49 2.69
Tax % 35.11% 46.25% 35.27% 35.81% 35.45% 18.88% 37.88% 33.40% 36.99% 394.13% 20.66% -5.44% 42.01%
6.93 12.47 20.08 10.63 7.74 5.67 21.40 3.26 5.52 13.03 17.81 -3.67 1.55
EPS in Rs 4.43 7.98 12.84 6.80 4.95 3.62 13.65 2.08 3.51 8.28 11.31 -2.33 0.98
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
887 1,014 1,041 1,267 1,313 1,147 1,245 1,404 1,284 1,213 1,361 1,645 1,602
806 916 1,001 1,185 1,226 1,105 1,153 1,297 1,241 1,100 1,288 1,576 1,563
Operating Profit 81 98 40 82 87 42 92 107 43 114 73 69 39
OPM % 9% 10% 4% 6% 7% 4% 7% 8% 3% 9% 5% 4% 2%
18 9 12 10 13 9 6 6 9 8 26 40 45
Interest 4 6 13 19 23 21 13 8 7 4 3 32 35
Depreciation 20 22 27 25 26 25 24 21 24 25 29 34 32
Profit before tax 74 79 13 48 51 5 61 85 21 93 67 44 17
Tax % 29% 33% 29% 29% 31% 25% 17% 24% 35% 38% 34% 1%
53 52 9 34 35 4 51 64 14 58 44 43 29
EPS in Rs 34.91 34.57 6.02 22.37 22.95 2.59 32.43 41.06 8.78 36.83 28.14 27.45 18.24
Dividend Payout % 20% 22% 42% 22% 22% 39% 20% 18% 11% 20% 21% 22%
Compounded Sales Growth
10 Years: 5%
5 Years: 6%
3 Years: 9%
TTM: 2%
Compounded Profit Growth
10 Years: -2%
5 Years: -4%
3 Years: 45%
TTM: -36%
Stock Price CAGR
10 Years: 22%
5 Years: 22%
3 Years: 63%
1 Year: 45%
Return on Equity
10 Years: 9%
5 Years: 9%
3 Years: 9%
Last Year: 8%

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 15 15 15 15 15 15 16 16 16 16 16 16 16
Reserves 234 275 279 304 332 325 381 437 437 494 528 568 577
81 173 243 301 256 198 84 90 79 8 55 113 54
190 238 290 330 323 302 310 356 317 412 460 436 397
Total Liabilities 521 701 828 950 926 840 791 899 849 931 1,059 1,133 1,044
220 211 282 321 350 344 341 337 359 355 398 388 352
CWIP 8 37 61 30 2 5 21 26 21 13 19 14 20
Investments 0 0 1 8 28 18 0 0 0 0 0 0 0
293 453 484 591 547 474 429 536 469 562 642 732 672
Total Assets 521 701 828 950 926 840 791 899 849 931 1,059 1,133 1,044

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
64 -7 42 45 100 59 151 37 56 264 31 -167
-5 -51 -102 -42 -34 -11 -19 -22 -26 -140 36 40
-43 68 44 36 -79 -86 -123 -16 -46 -79 -18 42
Net Cash Flow 15 9 -16 39 -12 -38 9 -1 -15 45 49 -84

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 17 19 28 30 31 31 19 26 19 18 15 24
Inventory Days 118 165 145 140 126 131 127 153 153 143 163 194
Days Payable 55 71 73 68 86 90 77 84 72 92 83 63
Cash Conversion Cycle 80 113 100 102 71 73 69 94 101 68 95 155
Working Capital Days 23 47 36 35 34 39 20 37 37 -9 4 61
ROCE % 21% 21% 5% 12% 12% 5% 15% 18% 5% 19% 13% 12%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
50.72% 50.72% 50.72% 50.60% 50.60% 50.52% 50.44% 50.42% 50.39% 50.30% 50.28% 50.25%
1.17% 1.85% 3.20% 5.22% 6.32% 7.47% 10.27% 10.67% 10.63% 10.50% 10.46% 10.44%
0.03% 0.03% 0.03% 0.18% 0.18% 0.24% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
0.24% 0.28% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
47.84% 47.12% 46.05% 44.00% 42.89% 41.77% 39.27% 38.87% 38.94% 39.17% 39.22% 39.28%
No. of Shareholders 26,96628,43425,65924,94724,56923,38321,94621,25520,53819,40419,91219,948

* 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.

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