Everest Kanto Cylinder Limited
Everest Kanto Cylinder Ltd (EKC) is engaged in the manufacture of high-pressure seamless gas cylinders along with other cylinders and equipments used for containing and storage of natural gas, liquids and air.
What Everest files
- Others23
- Investor Meet21
- Important12
- Updates9
- Board Meeting8
- PPTs7
Everest Kanto Cylinder's Q1 FY27 consolidated revenue dropped to ₹346 Cr, PAT to ₹30 Cr. Despite this, India demand remains strong, new capacity is ramping up, and the company is focusing on high-value segments and strategic global expansion.
Everest Kanto Cylinder's FY26 PAT soared 50.1% to ₹146.7 Cr and EBITDA jumped 15.7% to ₹203.0 Cr, driven by margin expansion on stable ₹1,470.6 Cr revenue. The new Mundra plant is operational, with the Egypt facility nearing commissioning. A dividend of ₹0.70/share was declared.
Everest Kanto Cylinder (EKC) reports a change in senior management. Mr. Sanjay Patnaik, GM – Plant and Operations at its Tarapur plant, has resigned.
EKC faces a ₹1.02 Cr GST demand (₹0.53 Cr ITC, ₹0.05 Cr penalty, ₹0.43 Cr interest) for FY22 due to a portal mismatch. Company expects no financial impact, plans to appeal.
Everest Kanto Cylinder's Q2 FY26 consolidated revenue was 360.4 Cr, with PAT at 13.7 Cr, showing a YoY dip. India's CNG demand saw a temporary GST impact. US ops had lower dispatches, but H2 outlook is strong. New plants in Mundra & Egypt are progressing well.