Everest Industries Ltd

Everest Industries Ltd

₹ 1,218 1.05%
01 Mar - close price
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]

  • Market Cap 1,922 Cr.
  • Current Price 1,218
  • High / Low 1,451 / 711
  • Stock P/E 97.6
  • Book Value 373
  • Dividend Yield 0.49 %
  • ROCE 11.5 %
  • ROE 7.52 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 21.5%

Cons

  • Stock is trading at 3.27 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 5.34% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 9.28% over last 3 years.
  • Earnings include an other income of Rs.44.1 Cr.
  • Company's cost of borrowing seems high

* 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
279.91 347.67 354.93 298.19 337.26 374.33 452.57 356.41 392.35 446.30 484.14 307.61 351.59
265.39 319.91 319.81 288.49 321.68 365.77 418.87 350.12 374.58 436.53 463.88 309.30 343.85
Operating Profit 14.52 27.76 35.12 9.70 15.58 8.56 33.70 6.29 17.77 9.77 20.26 -1.69 7.74
OPM % 5.19% 7.98% 9.89% 3.25% 4.62% 2.29% 7.45% 1.76% 4.53% 2.19% 4.18% -0.55% 2.20%
1.68 2.63 3.42 13.88 3.46 8.59 10.66 8.66 1.04 20.24 12.49 6.82 4.53
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 6.98 8.37 8.54 8.48 8.37 8.39 7.85 8.24 7.90
Profit before tax 9.13 22.96 31.29 16.45 11.44 7.34 34.25 4.88 8.21 -4.50 22.23 -5.65 1.14
Tax % 41.07% 46.73% 34.96% 36.05% 37.15% 17.98% 38.10% 33.61% 39.46% 387.78% 20.87% -3.36% 28.07%
5.38 12.23 20.35 10.52 7.19 6.02 21.20 3.24 4.97 12.95 17.58 -5.84 0.81
EPS in Rs 3.44 7.82 13.01 6.73 4.60 3.84 13.52 2.06 3.16 8.23 11.17 -3.70 0.51
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
529 652 1,041 1,268 1,313 1,160 1,271 1,408 1,285 1,218 1,365 1,648 1,590
482 592 1,001 1,186 1,227 1,118 1,181 1,303 1,243 1,105 1,292 1,580 1,554
Operating Profit 48 60 40 82 86 42 90 105 43 113 73 68 36
OPM % 9% 9% 4% 6% 7% 4% 7% 7% 3% 9% 5% 4% 2%
6 10 12 10 13 9 10 6 9 8 26 41 44
Interest 16 10 13 19 23 21 13 8 7 4 3 32 35
Depreciation 17 18 27 25 26 25 24 21 24 25 29 34 32
Profit before tax 20 42 13 48 50 4 64 83 21 92 67 43 13
Tax % 28% 28% 29% 29% 32% 32% 17% 25% 35% 38% 34% 1%
14 30 9 34 34 3 53 62 14 56 44 42 25
EPS in Rs 20.26 5.94 22.39 22.38 1.96 33.96 39.56 8.65 36.06 28.12 26.92 16.21
Dividend Payout % 26% 22% 42% 22% 22% 51% 19% 19% 12% 21% 21% 22%
Compounded Sales Growth
10 Years: %
5 Years: 5%
3 Years: 9%
TTM: 1%
Compounded Profit Growth
10 Years: %
5 Years: -4%
3 Years: 45%
TTM: -44%
Stock Price CAGR
10 Years: 24%
5 Years: 22%
3 Years: 57%
1 Year: 65%
Return on Equity
10 Years: %
5 Years: 9%
3 Years: 9%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 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 137 159 279 304 331 323 382 436 437 493 527 566 572
189 128 243 301 256 198 84 90 79 8 55 113 54
111 136 290 330 324 309 320 361 317 413 461 437 401
Total Liabilities 451 438 827 950 927 846 802 902 849 930 1,058 1,132 1,042
235 220 282 321 350 345 341 337 359 355 398 388 352
CWIP 7 6 61 32 9 18 21 26 21 13 19 26 46
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
210 211 485 597 567 483 441 539 469 561 641 718 643
Total Assets 451 438 827 950 927 846 802 902 849 930 1,058 1,132 1,042

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
14 82 41 43 93 58 148 35 56 264 32 -168
-37 -7 -101 -36 -20 -19 -16 -22 -26 -140 36 40
14 -79 44 36 -78 -86 -123 -16 -46 -79 -18 42
Net Cash Flow -9 -3 -16 42 -5 -47 9 -4 -16 45 50 -85

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 16 13 28 30 31 32 20 26 19 17 14 23
Inventory Days 167 126 145 140 126 131 127 153 153 142 163 194
Days Payable 69 63 74 68 86 92 81 86 72 92 83 63
Cash Conversion Cycle 114 76 100 102 71 71 66 94 100 68 94 154
Working Capital Days 65 45 36 36 36 38 19 37 36 -10 3 57
ROCE % 11% 16% 12% 12% 4% 15% 18% 5% 18% 13% 11%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
50.74% 50.72% 50.72% 50.72% 50.60% 50.60% 50.52% 50.44% 50.42% 50.39% 50.30% 50.28%
0.73% 1.17% 1.85% 3.20% 5.22% 6.32% 7.47% 10.27% 10.67% 10.63% 10.50% 10.46%
0.03% 0.03% 0.03% 0.03% 0.18% 0.18% 0.24% 0.03% 0.03% 0.03% 0.03% 0.03%
0.24% 0.24% 0.28% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
48.26% 47.84% 47.12% 46.05% 44.00% 42.89% 41.77% 39.27% 38.87% 38.94% 39.17% 39.22%
No. of Shareholders 23,87726,96628,43425,65924,94724,56923,38321,94621,25520,53819,40419,912

* 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

Concalls