Everest Industries Ltd

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

Everest Industries Ltd

₹ 1,189 0.25%
22 Jul 12:21 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 (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]

Website BSE NSE
  • Market Cap ₹ 1,879 Cr.
  • Current Price ₹ 1,189
  • High / Low ₹ 1,451 / 849
  • Stock P/E 106
  • Book Value ₹ 384
  • Dividend Yield 0.21 %
  • ROCE 4.91 %
  • ROE 2.97 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 19.9%

Cons

  • Stock is trading at 3.08 times its book value
  • The company has delivered a poor sales growth of 2.50% over past five years.
  • Company has a low return on equity of 6.36% over last 3 years.
  • Earnings include an other income of Rs.28.8 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.

Peer comparison

Sector: Cement - Products Industry: Cement Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
346.06 353.78 297.40 336.87 373.14 451.79 355.49 391.84 445.91 484.14 317.15 354.52 432.95
318.06 318.92 287.60 320.75 364.73 417.89 349.11 373.52 435.96 463.63 317.12 346.07 417.69
Operating Profit 28.00 34.86 9.80 16.12 8.41 33.90 6.38 18.32 9.95 20.51 0.03 8.45 15.26
OPM % 8.09% 9.85% 3.30% 4.79% 2.25% 7.50% 1.79% 4.68% 2.23% 4.24% 0.01% 2.38% 3.52%
2.63 3.41 13.89 3.46 8.40 10.66 8.60 1.04 20.13 12.47 7.26 5.37 3.76
Interest 1.03 0.64 0.45 0.62 1.44 1.57 1.59 2.23 26.12 2.67 2.54 3.23 4.25
Depreciation 6.40 6.61 6.68 6.97 8.38 8.54 8.48 8.37 8.39 7.85 8.24 7.90 8.31
Profit before tax 23.20 31.02 16.56 11.99 6.99 34.45 4.91 8.76 -4.43 22.46 -3.49 2.69 6.46
Tax % 46.25% 35.27% 35.81% 35.45% 18.88% 37.88% 33.40% 36.99% -394.13% 20.66% 5.44% 42.01% -26.63%
12.47 20.08 10.63 7.74 5.67 21.40 3.26 5.52 13.03 17.81 -3.67 1.55 8.18
EPS in Rs 7.98 12.84 6.80 4.95 3.62 13.65 2.08 3.51 8.28 11.31 -2.33 0.98 5.18
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1,014 1,041 1,267 1,313 1,147 1,245 1,404 1,284 1,213 1,361 1,645 1,589
916 1,001 1,185 1,226 1,105 1,153 1,297 1,241 1,100 1,288 1,576 1,544
Operating Profit 98 40 82 87 42 92 107 43 114 73 69 44
OPM % 10% 4% 6% 7% 4% 7% 8% 3% 9% 5% 4% 3%
9 12 10 13 9 6 6 9 8 26 40 29
Interest 6 13 19 23 21 13 8 7 4 3 32 13
Depreciation 22 27 25 26 25 24 21 24 25 29 34 32
Profit before tax 79 13 48 51 5 61 85 21 93 67 44 28
Tax % 33% 29% 29% 31% 25% 17% 24% 35% 38% 34% 1% 15%
52 9 34 35 4 51 64 14 58 44 43 24
EPS in Rs 34.57 6.02 22.37 22.95 2.59 32.43 41.06 8.78 36.83 28.14 27.45 15.12
Dividend Payout % 22% 42% 22% 22% 39% 20% 18% 11% 20% 21% 22% 17%
Compounded Sales Growth
10 Years: 4%
5 Years: 3%
3 Years: 9%
TTM: -3%
Compounded Profit Growth
10 Years: 7%
5 Years: -23%
3 Years: -33%
TTM: -59%
Stock Price CAGR
10 Years: 17%
5 Years: 29%
3 Years: 39%
1 Year: 39%
Return on Equity
10 Years: 8%
5 Years: 7%
3 Years: 6%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 15 15 15 15 15 16 16 16 16 16 16 16
Reserves 275 279 304 332 325 381 437 437 494 528 568 590
173 243 301 256 198 84 90 79 8 55 113 51
238 290 330 323 302 310 356 317 412 460 436 496
Total Liabilities 701 828 950 926 840 791 899 849 931 1,059 1,133 1,153
211 282 321 350 344 341 337 359 355 398 388 369
CWIP 37 61 30 2 5 21 26 21 13 19 14 4
Investments 0 1 8 28 18 0 0 0 0 0 0 0
453 484 591 547 474 429 536 469 562 642 732 780
Total Assets 701 828 950 926 840 791 899 849 931 1,059 1,133 1,153

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-7 42 45 100 59 151 37 56 264 31 -167 196
-51 -102 -42 -34 -11 -19 -22 -26 -140 36 40 -81
68 44 36 -79 -86 -123 -16 -46 -79 -18 42 -84
Net Cash Flow 9 -16 39 -12 -38 9 -1 -15 45 49 -84 31

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 19 28 30 31 31 19 26 19 18 15 24 23
Inventory Days 165 145 140 126 131 127 153 153 143 163 194 147
Days Payable 71 73 68 86 90 77 84 72 92 83 63 65
Cash Conversion Cycle 113 100 102 71 73 69 94 101 68 95 155 105
Working Capital Days 47 36 35 34 39 20 37 37 -9 4 61 31
ROCE % 21% 5% 12% 12% 5% 15% 18% 5% 19% 13% 12% 5%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
50.72% 50.72% 50.60% 50.60% 50.52% 50.44% 50.42% 50.39% 50.30% 50.28% 50.25% 50.23%
1.85% 3.20% 5.22% 6.32% 7.47% 10.27% 10.67% 10.63% 10.50% 10.46% 10.44% 10.46%
0.03% 0.03% 0.18% 0.18% 0.24% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
0.28% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
47.12% 46.05% 44.00% 42.89% 41.77% 39.27% 38.87% 38.94% 39.17% 39.22% 39.28% 39.28%
No. of Shareholders 28,43425,65924,94724,56923,38321,94621,25520,53819,40419,91219,94819,640

* 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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