Everest Industries Ltd

Everest Industries Ltd

₹ 512 1.99%
21 May 12:15 p.m.
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 (69% of FY23 revenue) [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 - fiber sheets made using a specially developed fiber orientation process.
Everest Supercolor - colored fiber 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 impact-resistant walls
Artewood - pre-finished premium plank with teakwood texture
Designer Ceilings - easy-to-install ceilings and offer instant access to the ventilation system. [2]

  • Market Cap 810 Cr.
  • Current Price 512
  • High / Low 1,268 / 420
  • Stock P/E
  • Book Value 377
  • Dividend Yield 0.49 %
  • ROCE 0.72 %
  • ROE -1.98 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 6.03% over past five years.
  • Company has a low return on equity of 2.50% over last 3 years.
  • Earnings include an other income of Rs.26.3 Cr.

* 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 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
374.33 452.57 356.41 392.35 446.30 484.14 307.61 351.59 432.11 522.34 376.82 371.03 452.63
365.77 418.87 350.12 374.58 436.55 463.88 309.30 343.85 417.46 495.49 378.52 376.58 442.32
Operating Profit 8.56 33.70 6.29 17.77 9.75 20.26 -1.69 7.74 14.65 26.85 -1.70 -5.55 10.31
OPM % 2.29% 7.45% 1.76% 4.53% 2.18% 4.18% -0.55% 2.20% 3.39% 5.14% -0.45% -1.50% 2.28%
8.59 10.66 8.66 1.04 20.24 12.49 6.82 4.53 1.50 8.67 2.06 1.24 14.31
Interest 1.44 1.57 1.59 2.23 26.11 2.67 2.54 3.23 4.31 4.24 5.64 6.39 7.30
Depreciation 8.37 8.54 8.48 8.37 8.38 7.85 8.24 7.90 8.37 8.83 9.24 9.15 11.70
Profit before tax 7.34 34.25 4.88 8.21 -4.50 22.23 -5.65 1.14 3.47 22.45 -14.52 -19.85 5.62
Tax % 17.98% 38.10% 33.61% 39.46% -388.00% 20.87% 3.36% 28.07% -56.48% 29.18% -19.63% -22.07% -35.94%
6.02 21.20 3.24 4.97 12.96 17.58 -5.84 0.81 5.44 15.91 -11.67 -15.48 7.64
EPS in Rs 3.84 13.52 2.06 3.16 8.24 11.17 -3.70 0.51 3.45 10.07 -7.38 -9.79 4.83
Raw PDF

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
1,041 1,268 1,313 1,160 1,271 1,408 1,285 1,218 1,365 1,648 1,575 1,723
1,001 1,186 1,227 1,118 1,181 1,303 1,243 1,105 1,292 1,580 1,534 1,693
Operating Profit 40 82 86 42 90 105 43 113 73 68 42 30
OPM % 4% 6% 7% 4% 7% 7% 3% 9% 5% 4% 3% 2%
12 10 13 9 10 6 9 8 26 41 25 26
Interest 13 19 23 21 13 8 7 4 3 32 13 24
Depreciation 27 25 26 25 24 21 24 25 29 34 32 39
Profit before tax 13 48 50 4 64 83 21 92 67 43 21 -6
Tax % 29% 29% 32% 32% 17% 25% 35% 38% 34% 1% 15% -43%
9 34 34 3 53 62 14 56 44 42 18 -4
EPS in Rs 5.94 22.39 22.38 1.96 33.96 39.56 8.65 36.06 28.12 26.92 11.40 -2.28
Dividend Payout % 42% 22% 22% 51% 19% 19% 12% 21% 21% 22% 22% -110%
Compounded Sales Growth
10 Years: 3%
5 Years: 6%
3 Years: 8%
TTM: 9%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -189%
Stock Price CAGR
10 Years: 5%
5 Years: 23%
3 Years: -4%
1 Year: -57%
Return on Equity
10 Years: 7%
5 Years: 5%
3 Years: 3%
Last Year: -2%

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
Equity Capital 15 15 15 15 16 16 16 16 16 16 16 16
Reserves 279 304 331 323 382 436 437 493 527 566 582 581
243 301 256 198 84 90 79 8 55 113 96 265
290 330 324 309 320 361 317 413 461 437 506 450
Total Liabilities 827 950 927 846 802 902 849 930 1,058 1,132 1,199 1,312
282 321 350 345 341 337 359 355 398 388 399 562
CWIP 61 32 9 18 21 26 21 13 19 26 80 12
Investments 0 0 0 0 0 0 0 0 0 0 0 9
485 597 567 483 441 539 469 561 641 718 720 728
Total Assets 827 950 927 846 802 902 849 930 1,058 1,132 1,199 1,312

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
41 43 93 58 148 35 56 264 32 -168 182 -90
-101 -36 -20 -19 -16 -22 -26 -140 36 40 -93 -59
44 36 -78 -86 -123 -16 -46 -79 -18 42 -39 96
Net Cash Flow -16 42 -5 -47 9 -4 -16 45 50 -85 50 -53

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 28 30 31 32 20 26 19 17 14 23 22 33
Inventory Days 145 140 126 131 127 153 153 142 163 194 151 154
Days Payable 74 68 86 92 81 86 72 92 83 63 68 59
Cash Conversion Cycle 100 102 71 71 66 94 100 68 94 154 105 128
Working Capital Days 36 36 36 38 19 37 36 -10 3 57 23 54
ROCE % 12% 12% 4% 15% 18% 5% 18% 13% 11% 4% 1%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
50.60% 50.52% 50.44% 50.42% 50.39% 50.30% 50.28% 50.25% 50.23% 50.15% 50.15% 50.15%
6.32% 7.47% 10.27% 10.67% 10.63% 10.50% 10.46% 10.44% 10.46% 10.49% 10.46% 10.38%
0.18% 0.24% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.05% 0.07%
42.89% 41.77% 39.27% 38.87% 38.94% 39.17% 39.22% 39.28% 39.28% 39.34% 39.35% 39.40%
No. of Shareholders 24,56923,38321,94621,25520,53819,40419,91219,94819,64019,73420,88420,734

* 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

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