Everest Kanto Cylinder Limited (EKC)

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Everest Kanto Cylinder Limited (EKC) · mywealthgrid

About

Everest Kanto Cylinder manufactures industrial products in the Industrials sector, with ₹1,239 Cr market cap and consolidated quarterly revenues around ₹346–365 Cr. The company maintains conservative leverage (D/E 0.14) and pays regular annual dividends.

Face value: ₹2

Market cap

₹1,189 Cr

P/E

9.5×

P/B

0.8×

Dividend yield

0.7%

ROE

11.3%

ROCE

12.1%

Debt / equity

0.14

OPM

13.8%

EPS (TTM)

₹11.2

Book value

₹124.8

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Extreme operating margin volatility: Standalone OPM ranged 11.24% to 23.05% across four recent quarters — verify whether driven by product mix shifts, raw material cost swings, or operational control issues.

Declining consolidated revenue: Fell from ₹365 Cr (Dec 2025) to ₹346 Cr (Jun 2026); clarify whether this reflects seasonal patterns, demand softening, or structural headwinds.

Minimal institutional investor participation (FII 1.19%, DII 0.29% combined) suggests thin analyst coverage or market skepticism — investigate the underlying rationale for low institutional interest.

Stock underperformed 15.63% over 1 year despite 8.44 PE valuation — verify whether market is pricing near-term cyclical challenges or structural concerns not apparent in latest quarter data.

Generated analysis · source review pending

Growth drivers

Standalone operating margin recovered to 17.64% (Jun 2026) from 11.24% low (Sep 2025), suggesting operational improvement that could significantly boost earnings if revenue stabilizes or grows.

Low leverage (D/E 0.14) provides financial flexibility for capacity expansion or strategic investments — verify management's capital deployment priorities.

Consistent annual dividend payments (2021–2025) demonstrate sustainable cash generation, though recent revenue decline warrants verification of payout sustainability.

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹106.0-1.6%1Y

Quick read

rule-based

Pros

+Comfortable interest coverage of 12×
+High promoter holding of 67.4% with no pledge

Cons

−Low return on equity of 9.7% (3-yr avg)
−Modest revenue growth of 9.2% a year over the last 5 years
−Low dividend payout of 6.3% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

58/100

Business quality: 50
Growth: 25
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Indo-Mim LimitedINDOMIMINDOMIM	₹62,891 Cr	₹63,981 Cr	₹4,193 Cr	₹1,071 Cr	25.5%	₹534 Cr	12.7%	29.6%	21.3%	—
Aditya Infotech LimitedCPPLUSCPPLUS	₹44,797 Cr	₹44,910 Cr	₹4,883 Cr	₹709 Cr	13.4%	₹477 Cr	8.7%	33.8%	25.5%	61
Syrma Sgs Technology LimitedSYRMASYRMA	₹33,121 Cr	₹33,474 Cr	₹5,464 Cr	₹610 Cr	11.3%	₹402 Cr	7.2%	18.7%	15%	48
Honeywell Automation India LimitedHONAUTHONAUT	₹29,454 Cr	₹29,454 Cr	₹4,703 Cr	₹637 Cr	12.9%	₹551 Cr	11.2%	16.7%	12.4%	-12
Jyoti Cnc Automation LimitedJYOTICNCJYOTICNC	₹23,470 Cr	₹24,320 Cr	₹2,191 Cr	₹535 Cr	25.2%	₹322 Cr	16.1%	25.3%	18.2%	359
Kaynes Technology India LimitedKAYNESKAYNES	₹22,773 Cr	₹23,648 Cr	₹3,899 Cr	₹609 Cr	15.8%	₹346 Cr	10%	15.4%	9.6%	193
Lmw LimitedLMWLMW	₹17,706 Cr	₹17,706 Cr	₹3,374 Cr	₹219 Cr	5.3%	₹175 Cr	4.1%	6.4%	4.6%	23
Tega Industries LimitedTEGATEGA	₹15,721 Cr	₹16,039 Cr	₹3,059 Cr	₹231 Cr	13.7%	₹21 Cr	8.4%	8.5%	5.9%	153
Lloyds Engineering Works LimitedLLOYDSENGGLLOYDSENGG	₹14,553 Cr	₹14,587 Cr	₹1,611 Cr	₹229 Cr	14.5%	₹163 Cr	15.2%	17.5%	16.4%	184
Kennametal India LimitedKENNAMETKENNAMET	₹9,411 Cr	₹9,411 Cr	₹991 Cr	₹179 Cr	18.1%	₹114 Cr	11.5%	24.5%	18.5%	170
Dynamatic Technologies LimitedDYNAMATECHDYNAMATECH	₹9,354 Cr	₹9,883 Cr	₹1,675 Cr	₹200 Cr	11.3%	₹42 Cr	2%	12.3%	4.3%	142
Standard Engineering Technology LimitedSETLSETL	₹8,318 Cr	₹8,376 Cr	₹849 Cr	₹129 Cr	15.4%	₹89 Cr	10.7%	15.5%	10.7%	335

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	542	702	761	949	1,699	1,274	1,223	1,499	1,471
COGS	250	364	420	493	892	731	648	818	745
Gross profit	293	338	340	456	807	544	575	681	726
	210	239	252	283	415	383	414	505	523
	82	99	88	173	392	161	160	176	203
OPM %	15.2%	14.1%	11.6%	18.2%	23.1%	12.6%	13.1%	11.7%	13.8%
Depreciation	32	30	43	35	35	40	39	41	50
Interest	35	36	36	26	11	11	8	13	14
	12	-21	3	34	26	-16	5	3	21
Profit before tax	28	12	12	146	372	95	118	124	160
Tax	5	-47	10	56	107	19	21	26	13
Tax %	16.3%	-404.9%	82.8%	38.2%	28.7%	19.9%	17.4%	21.2%	8.1%
	24	58	2	90	265	76	98	98	147
PAT margin %	4.4%	8.3%	0.3%	9.5%	15.6%	6%	8%	6.5%	10%
EPS (₹)	2.1	5.2	0.3	8	23.6	6.8	8.8	8.7	13.1
EPS adjusted (₹)	2.1	5.2	—	8	23.6	6.8	8.8	8.7	13.1
	0%	0%	0%	3.7%	3%	10.3%	7.9%	8%	5.3%
Annual report	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	22	22	22	22	22	22	22	22	22	22
Reserves	321	325	421	495	606	880	977	1,078	1,184	1,377
Minority interest	—	—	0	0	—	0	0	—	—	—
	523	522	355	270	203	114	96	41	143	199
	175	179	142	238	215	274	278	271	265	295
Total equity & liabilities	1,042	1,048	942	1,025	1,046	1,291	1,373	1,413	1,614	1,894
	512	516	340	329	301	324	369	388	391	560
CWIP	28	28	8	18	46	37	64	82	160	162
Investments	0	3	4	3	14	14	27	67	89	93
	501	501	589	675	684	915	913	876	974	1,079
Total assets	1,042	1,048	942	1,025	1,046	1,291	1,373	1,413	1,614	1,894

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
India	966.69	119.3	907.22	103.5	803.72	14.84
S.A and Hungary	356.23	47.35

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	48.2%	44.7%	48.1%	47.5%	42.7%	47%	45.4%	49.4%
EBITDA margin %	14.1%	11.6%	18.2%	23.1%	12.6%	13.1%	11.7%	13.8%
EBIT margin %	9.8%	5.9%	14.5%	21%	9.5%	9.9%	8.9%	10.4%
PAT margin %	8.3%	0.3%	9.5%	15.6%	6%	8%	6.5%	10%
Working capital
Receivable days	63	—	63	49	53	52	61	55
Inventory days	308	—	221	171	277	271	214	258
Payable days	54	—	53	40	28	31	32	26
NWC days	317	—	231	179	301	291	243	288
Leverage
Current ratio	1.29	—	1.87	2.44	2.72	3.32	2.84	3.7
Debt to EBITDA	2.73	—	1.18	0.29	0.59	0.26	0.82	0.98
Debt to equity	0.52	—	0.32	0.13	0.1	0.04	0.12	0.14
Interest coverage	2.1	1.4	5.4	34.8	11.4	16.8	10.7	12
Asset turnover	0.68	—	0.91	1.32	0.93	0.87	0.93	0.78
Return ratios
Return on assets %	5.7%	—	8.6%	20.5%	5.5%	6.9%	6.1%	7.7%
Return on capital employed %	11.5%	—	19.6%	44.4%	12.7%	11.6%	11.9%	12.1%
Return on equity %	11.3%	—	14.3%	29.4%	7.6%	8.9%	8.1%	10.5%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	67.39%	67.39%	67.39%	67.39%	67.39%	67.39%	67.39%	67.39%	67.39%	67.39%	67.39%	67.39%
	0.41%	0.63%	0.69%	1.43%	1.39%	2.44%	1.79%	1.39%	1.67%	1.42%	1.24%	1.19%
	0.8%	0.91%	0.23%	0.08%	0.08%	0.08%	0.1%	0.15%	0.15%	0.21%	0.23%	0.29%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	31.4%	31.07%	31.69%	31.1%	31.14%	30.09%	30.72%	31.07%	30.79%	30.98%	31.14%	31.13%
No. of shareholders	—	—	—	—	—	—	—	—	89,276	85,657	84,302	82,813

Promoter holding up 0 percentage points since Sep 2023.

80 deals · 28 Mar 2023 – 23 Sept 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
23 Sept 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	13,95,990	₹114.02	₹15.92 Cr
23 Sept 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	13,95,990	₹113.93	₹15.90 Cr
23 Sept 2026	SILVERLEAF CAPITAL SERVICES PRIVATE LIMITED	Bulk	NSE	Sell	8,37,437	₹114.20	₹9.56 Cr
23 Sept 2026	SILVERLEAF CAPITAL SERVICES PRIVATE LIMITED	Bulk	NSE	Buy	8,37,437	₹114.16	₹9.56 Cr
23 Sept 2026	VINSUL MAKARDI LTD	Bulk	NSE	Buy	6,13,906	₹114.62	₹7.04 Cr
23 Sept 2026	VINSUL MAKARDI LTD	Bulk	NSE	Sell	6,13,906	₹114.71	₹7.04 Cr
23 Sept 2026	J4S FINANCIAL SOLUTIONS LLP	Bulk	NSE	Sell	5,85,797	₹114.58	₹6.71 Cr
23 Sept 2026	J4S FINANCIAL SOLUTIONS LLP	Bulk	NSE	Buy	5,85,797	₹114.24	₹6.69 Cr
27 Jan 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Sell	15,12,256	₹117.20	₹17.72 Cr
27 Jan 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Buy	14,76,176	₹117.19	₹17.30 Cr

1–10 of 80

1 / 8

Mr. Pushkar KhuranaExecutive Director-Chairperson related to Promoter
Mr. Puneet KhuranaExecutive Director-MD
Mr. Ghyansham KarkeraNon-Executive - Independent Director
Ms. Vaijayanti Ajit PanditNon-Executive - Independent Director
Mr. Ramakrishnan RamanathanNon-Executive - Independent Director
Mr. Sanjiv KapurExecutive Director
Mr. Narender Prasad GuptaChief Executive Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Everest Kanto Cylinder Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

18 announcementsExport CSV

30 Sept 2026, 6:39 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

30 Sept 2026, 10:54 amAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

29 Sept 2026, 6:44 pmCompany Update

Announcement Under Regulation 30- Update On Egypt Project

General PDF

29 Sept 2026, 5:31 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

29 Sept 2026, 12:33 pmCompany Update

Announcement under Regulation 30 (LODR)-Credit Rating

Credit Rating PDF

10 Sept 2026, 3:42 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

8 Sept 2026, 6:41 pmOthers

Business Responsibility and Sustainability Reporting (BRSR)

Business Responsibility and Sustainability Reporting (BRSR) PDF

8 Sept 2026, 6:37 pmAGM/EGM

Notice Of 47Th Annual General Meeting

AGM PDF

Date	Category	Subject	Filing
30 Sept 2026, 6:39 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
30 Sept 2026, 10:54 am	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	48.2%	44.7%	48.1%	47.5%	42.7%	47%	45.4%	49.4%
EBITDA margin %	14.1%	11.6%	18.2%	23.1%	12.6%	13.1%	11.7%	13.8%
EBIT margin %	9.8%	5.9%	14.5%	21%	9.5%	9.9%	8.9%	10.4%
PAT margin %	8.3%	0.3%	9.5%	15.6%	6%	8%	6.5%	10%
Working capital
Receivable days	63	—	63	49	53	52	61	55
Inventory days	308	—	221	171	277	271	214	258
Payable days	54	—	53	40	28	31	32	26
NWC days	317	—	231	179	301	291	243	288
Leverage
Current ratio	1.29	—	1.87	2.44	2.72	3.32	2.84	3.7
Debt to EBITDA	2.73	—	1.18	0.29	0.59	0.26	0.82	0.98
Debt to equity	0.52	—	0.32	0.13	0.1	0.04	0.12	0.14
Interest coverage	2.1	1.4	5.4	34.8	11.4	16.8	10.7	12
Asset turnover	0.68	—	0.91	1.32	0.93	0.87	0.93	0.78
Return ratios
Return on assets %	5.7%	—	8.6%	20.5%	5.5%	6.9%	6.1%	7.7%
Return on capital employed %	11.5%	—	19.6%	44.4%	12.7%	11.6%	11.9%	12.1%
Return on equity %	11.3%	—	14.3%	29.4%	7.6%	8.9%	8.1%	10.5%

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	31	74	64	107	85	165	106	226	58	142
	-16	-1	141	-18	74	-60	-79	-121	-120	-200
	-57	-74	-203	-82	-118	-113	-43	-74	77	31
Net cash flow	-31	-0	1	7	42	-8	-15	32	15	-28
Free cash flow	53	48	-42	—	55	83	23	160	-63	-32
CFO / Operating profit %	—	—	78%	121%	49.4%	42.2%	65.9%	141.1%	33.1%	69.9%

Everest Kanto Cylinder Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

No fund holdings on record

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

12

1

Not in the F&O segment

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

A.E (Dubai) · revenue

Everest Kanto Cylinder Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Ratio timeline

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Dividends12

Board meetings1

Not in the F&O segment

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

A.E (Dubai) · revenue

12

1