Everest Industries Ltd
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]
- Market Cap ₹ 578 Cr.
- Current Price ₹ 366
- High / Low ₹ 750 / 361
- Stock P/E
- Book Value ₹ 364
- Dividend Yield 0.68 %
- ROCE 0.75 %
- ROE -1.10 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.01 times its book value
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 2.80% over last 3 years.
- Contingent liabilities of Rs.206 Cr.
- Earnings include an other income of Rs.7.45 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.
Peer comparison
Commodities Construction Materials Other Construction Materials Other Construction Materials
Part of BSE Allcap BSE Commodities
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,041 | 1,268 | 1,313 | 1,160 | 1,271 | 1,408 | 1,285 | 1,218 | 1,365 | 1,648 | 1,575 | 1,723 | 1,542 | |
| 1,001 | 1,186 | 1,227 | 1,118 | 1,181 | 1,303 | 1,243 | 1,105 | 1,292 | 1,580 | 1,534 | 1,693 | 1,544 | |
| Operating Profit | 40 | 82 | 86 | 42 | 90 | 105 | 43 | 113 | 73 | 68 | 42 | 30 | -2 |
| OPM % | 4% | 6% | 7% | 4% | 7% | 7% | 3% | 9% | 5% | 4% | 3% | 2% | -0% |
| 12 | 10 | 13 | 9 | 10 | 6 | 9 | 8 | 26 | 41 | 25 | 26 | 7 | |
| Interest | 13 | 19 | 23 | 21 | 13 | 8 | 7 | 4 | 3 | 32 | 13 | 24 | 28 |
| Depreciation | 27 | 25 | 26 | 25 | 24 | 21 | 24 | 25 | 29 | 34 | 32 | 39 | 41 |
| Profit before tax | 13 | 48 | 50 | 4 | 64 | 83 | 21 | 92 | 67 | 43 | 21 | -6 | -64 |
| 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 | -47 | |
| 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 | -29.55 |
| 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: | -390% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 3% |
| 3 Years: | -22% |
| 1 Year: | -23% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 6% |
| 3 Years: | 3% |
| Last Year: | -1% |
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 | 15 | 15 | 15 | 15 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 279 | 304 | 331 | 323 | 382 | 436 | 437 | 493 | 527 | 566 | 582 | 581 | 561 |
| 243 | 301 | 256 | 198 | 84 | 90 | 79 | 8 | 55 | 113 | 96 | 265 | 309 | |
| 290 | 330 | 324 | 309 | 320 | 361 | 317 | 413 | 461 | 437 | 506 | 449 | 417 | |
| Total Liabilities | 827 | 950 | 927 | 846 | 802 | 902 | 849 | 930 | 1,058 | 1,132 | 1,199 | 1,311 | 1,303 |
| 282 | 321 | 350 | 345 | 341 | 337 | 359 | 355 | 398 | 388 | 399 | 562 | 558 | |
| CWIP | 61 | 32 | 9 | 18 | 21 | 26 | 21 | 13 | 19 | 26 | 80 | 12 | 7 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 11 |
| 485 | 597 | 567 | 483 | 441 | 539 | 469 | 561 | 641 | 718 | 720 | 727 | 726 | |
| Total Assets | 827 | 950 | 927 | 846 | 802 | 902 | 849 | 930 | 1,058 | 1,132 | 1,199 | 1,311 | 1,303 |
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 | -22 | -18 | 5 | 11 | 12 | 27 | 29 | -11 | 1 | 42 | 22 | 38 |
| ROCE % | 12% | 12% | 4% | 15% | 18% | 5% | 18% | 13% | 11% | 4% | 1% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Production Volume - Building Products MT ・Standalone data |
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| Production Volume - Steel Buildings (ESBS) MT ・Standalone data |
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| Installed Capacity - Building Products MTPA ・Standalone data |
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| Installed Capacity - Steel Buildings MTPA ・Standalone data |
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| Number of Dealer Outlets Count ・Standalone data |
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| Order Book - Steel Buildings (Current) MT ・Standalone data |
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| Distribution Reach - Village Coverage Count ・Standalone data |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
11 Mar - Aasheesh Saxena appointed Vice President (Business Head – Roofing) at Everest Industries effective March 11, 2026.
- Newspaper Publication Regarding Special Window For Re-Lodgement Of Transfer Requests Of Physical Shares Of Everest Industries Limited 27 Feb
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Announcement under Regulation 30 (LODR)-Change in Management
9 Feb - Lakshmana Rao Challa appointed Head Manufacturing Operations & Supply Chain (Fibre Cement), effective Feb 9, 2026.
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Unaudited (Standalone & Consolidated) Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2025
6 Feb - Q3/9M Dec 31,2025 results: consolidated 9M loss Rs5,451.60L; gratuity exceptional charge Rs1,668.84L.
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Board Meeting Outcome for Outcome Of The Board Meeting And Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2025
6 Feb - Q3/9M FY26 results: consolidated 9M loss Rs5,451.60 lakh; exceptional gratuity charge ~Rs1,668.84 lakh.
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
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Financial Year 2012
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Financial Year 2011
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Concalls
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Jul 2020Transcript PPT
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Jun 2020Transcript PPT
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Oct 2019Transcript PPT
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Sep 2019TranscriptAI SummaryPPT
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Jul 2019Transcript PPT
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May 2019Transcript PPT
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Jan 2019Transcript PPT
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Oct 2018TranscriptAI SummaryPPT
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Oct 2018Transcript PPT
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Jul 2018Transcript PPT
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May 2018Transcript PPT
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Jan 2018Transcript PPT
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Oct 2017Transcript PPT
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Jul 2017TranscriptPPT
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May 2017Transcript PPT
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Jan 2017TranscriptAI SummaryPPT
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Oct 2016TranscriptAI SummaryPPT
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Sep 2016TranscriptAI SummaryPPT
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Jul 2016TranscriptAI SummaryPPT
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]