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Everest Kanto Cylind

₹134.3 0.4 | 0.3%

Market Cap ₹1507 Cr.

Stock P/E 12.4

P/B 1.4

Current Price ₹134.3

Book Value ₹ 96.5

Face Value 2

52W High ₹178.9

Dividend Yield 0.52%

52W Low ₹ 94

Everest Kanto Cylind Research see more...

Overview Inc. Year: 1978Industry: Engineering - Industrial Equipments

Everest Kanto Cylinder Ltd is engaged inside the manufacture of fabricated metal products, except machinery and device. The Company is likewise engaged in the manufacture of high pressure seamless gasoline cylinders and other cylinders, system, appliances and tanks with their elements and add-ons used for containing and storage of LPG and other liquids, gases and air. Its geographical segments include India, USA, Hungary, China, UAE, Thailand and Europe. The Company's products comprises Industrial Cylinders, Billet Cylinder, Plate Cylinder, compressed natural gasoline (CNG) Cylinders, Breathing Air Cylinder, Jumbo Cylinders, Medical Cylinders, Beverage Cylinders and Accumulators. The Company additionally offers various allied merchandise, along with Cylinder Valves, Valve Protection Guards, Valve Protection Caps, Trolleys, Medical Equipment, Industrial Equipment and Purge Bottles/Double Necked Cylinders. It provide seamless cylinders for fire-fighting and beverage packages.

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Everest Kanto Cylind Share Price

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Everest Kanto Cylind Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 421 464 479 381 340 256 298 268 299 329
Other Income 2 1 8 1 1 1 2 3 0 3
Total Income 424 465 486 381 341 258 300 271 299 333
Total Expenditure 310 367 384 320 304 242 248 231 258 278
Operating Profit 114 98 102 61 37 16 52 40 41 55
Interest 2 2 3 2 3 3 3 2 2 2
Depreciation 9 9 9 9 10 10 11 9 10 10
Exceptional Income / Expenses 0 0 -5 0 0 -20 -1 0 0 0
Profit Before Tax 103 87 84 50 25 -17 37 28 30 43
Provision for Tax 32 27 20 11 6 1 1 7 4 7
Profit After Tax 70 60 65 39 19 -18 36 22 26 36
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 71 60 65 39 19 -17 36 22 26 37
Adjusted Earnings Per Share 6.3 5.4 5.8 3.4 1.6 -1.6 3.2 1.9 2.3 3.3

Everest Kanto Cylind Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 543 491 472 506 564 539 702 761 949 1699 1274 1194
Other Income 17 12 29 4 12 20 13 7 12 14 12 8
Total Income 559 502 501 510 576 559 715 767 962 1712 1287 1203
Total Expenditure 571 514 470 502 492 459 608 670 783 1304 1117 1015
Operating Profit -12 -11 32 8 84 100 106 97 178 409 170 188
Interest 41 58 60 55 47 36 38 38 28 14 15 9
Depreciation 70 68 71 72 34 32 30 43 35 35 40 40
Exceptional Income / Expenses 0 0 0 -4 96 0 -12 1 33 11 -21 -1
Profit Before Tax -123 -138 -98 -123 98 32 26 17 147 371 95 138
Provision for Tax 9 0 -1 1 0 5 -47 10 56 107 19 19
Profit After Tax -132 -138 -98 -124 98 27 73 7 92 265 76 120
Adjustments 0 0 0 0 -19 -4 -14 -4 -2 1 0 0
Profit After Adjustments -132 -138 -98 -124 78 23 59 3 90 265 76 121
Adjusted Earnings Per Share -12.3 -12.9 -9.1 -11.1 7 2.1 5.2 0.3 8 23.6 6.8 10.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -25% 19% 19% 9%
Operating Profit CAGR -58% 21% 11% 0%
PAT CAGR -71% 121% 23% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 42% 4% 40% 24%
ROE Average 8% 19% 15% 1%
ROCE Average 10% 24% 17% 8%

Everest Kanto Cylind Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 623 522 438 343 422 444 518 538 628 903 999
Minority's Interest 0 0 0 0 -0 0 0 -1 0 0 0
Borrowings 350 271 310 249 197 185 89 53 57 1 2
Other Non-Current Liabilities 13 15 19 21 54 56 -39 -12 11 45 50
Total Current Liabilities 311 411 374 428 486 285 397 405 327 342 321
Total Liabilities 1297 1218 1141 1042 1159 980 968 986 1024 1291 1373
Fixed Assets 636 632 560 512 423 340 329 339 301 324 369
Other Non-Current Assets 54 48 46 48 68 71 27 53 110 124 117
Total Current Assets 607 539 534 482 635 436 512 510 610 832 875
Total Assets 1297 1218 1141 1042 1159 980 968 986 1024 1291 1373

Everest Kanto Cylind Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 13 20 16 40 9 9 9 8 16 56 48
Cash Flow from Operating Activities 35 36 66 31 74 -21 54 107 84 164 106
Cash Flow from Investing Activities 2 -6 -4 -16 -1 225 14 -18 74 -59 -79
Cash Flow from Financing Activities -32 -32 -44 -57 -74 -203 -76 -82 -118 -113 -43
Net Cash Inflow / Outflow 5 -2 18 -41 -1 1 -8 7 40 -8 -15
Closing Cash & Cash Equivalent 20 16 40 9 9 9 8 16 56 48 35

Everest Kanto Cylind Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) -12.3 -12.89 -9.12 -11.06 6.98 2.08 5.23 0.27 8.02 23.63 6.79
CEPS(Rs) -5.8 -6.52 -2.54 -4.68 11.79 5.26 9.22 4.46 11.31 26.7 10.29
DPS(Rs) 0.2 0 0 0 0 0 0 0 0.3 0.7 0.7
Book NAV/Share(Rs) 58.13 48.68 40.83 30.6 37.61 39.54 46.14 47.99 55.99 80.45 89.04
Core EBITDA Margin(%) -5.03 -4.48 0.56 0.77 12.14 14.66 13.36 11.92 17.48 23.24 12.34
EBIT Margin(%) -14.36 -15.56 -7.88 -12.87 24.61 12.6 9.13 7.26 18.5 22.65 8.55
Pre Tax Margin(%) -21.59 -26.96 -19.97 -23.44 16.64 5.87 3.74 2.24 15.5 21.85 7.41
PAT Margin (%) -23.13 -26.99 -19.84 -23.69 16.62 5.02 10.42 0.89 9.64 15.56 5.93
Cash Profit Margin (%) -10.91 -13.65 -5.52 -10.04 22.47 10.89 14.73 6.58 13.37 17.62 9.03
ROA(%) -9.74 -10.99 -8.29 -11.37 8.89 2.55 7.51 0.69 9.11 22.86 5.7
ROE(%) -18.3 -24.14 -20.38 -31.78 25.56 6.29 15.21 1.28 15.69 34.56 7.98
ROCE(%) -6.69 -7 -3.64 -6.92 15.35 7.65 7.66 6.56 21.14 41.67 10.35
Receivable days 70.36 71.79 74.85 68.72 68.93 69.11 54.89 57.61 54.12 41.84 58.58
Inventory Days 277.6 260.19 233.42 205.9 169.44 177.07 149.3 146.34 115.66 76.95 138.7
Payable days 73.66 54.79 64.31 65.81 88.43 83.87 47.31 54.72 51.81 34.76 38.61
PER(x) 0 0 0 0 5.27 20.22 5.17 40.79 9.76 9.51 13.27
Price/Book(x) 0.35 0.34 0.23 0.49 0.98 1.06 0.59 0.23 1.4 2.79 1.01
Dividend Yield(%) 0.98 0 0 0 0 0 0 0 0.38 0.31 0.78
EV/Net Sales(x) 1.37 1.47 1.31 1.42 1.64 1.52 0.87 0.49 1.07 1.52 0.83
EV/Core EBITDA(x) -60.89 -63.47 19.47 87.6 11 8.2 5.72 3.85 5.67 6.3 6.22
Net Sales Growth(%) -19.83 -9.61 -3.74 7.08 11.49 -4.41 30.25 7.64 24.8 78.99 -24.98
EBIT Growth(%) -756.65 2.62 51.29 -73.68 314.93 -52.82 -6.25 11.81 218.1 119.23 -71.62
PAT Growth(%) -2912.79 -4.82 29.27 -26.98 178.83 -72.15 168.44 -88.47 1259.26 188.96 -71.31
EPS Growth(%) -2912.8 -4.82 29.27 -21.27 163.13 -70.17 151.17 -94.91 2916.73 194.53 -71.29
Debt/Equity(x) 0.88 1.11 1.35 1.68 1.29 0.85 0.65 0.54 0.32 0.13 0.1
Current Ratio(x) 1.95 1.31 1.43 1.13 1.31 1.53 1.29 1.26 1.86 2.44 2.72
Quick Ratio(x) 0.66 0.52 0.62 0.45 0.77 0.59 0.52 0.51 0.95 1.21 1
Interest Cover(x) -1.99 -1.37 -0.65 -1.22 3.09 1.87 1.69 1.44 6.17 28.09 7.5
Total Debt/Mcap(x) 2.52 3.25 5.94 3.44 1.32 0.8 1.11 2.4 0.23 0.05 0.09

Everest Kanto Cylind Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 67.39 67.39 67.39 67.39 67.39 67.39 67.39 67.39 67.39 67.39
FII 0.56 0.37 0.79 0.65 0.51 0.49 0.31 0.41 0.63 0.69
DII 0.52 0.34 0.33 0.33 0.33 0.13 0.79 0.79 0.79 0.19
Public 31.54 31.91 31.49 31.63 31.78 31.99 31.51 31.41 31.19 31.73
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 22% CAGR over last 5 years
  • Company is almost debt free.

Cons

  • Debtor days have increased from 34.76 to 38.61days.

* 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.

Everest Kanto Cylind News

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