Everest Kanto Cylinder Limited — Investor Meet, 21-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Everest Kanto Cylinders (EKC) reported Q2 FY26 consolidated revenue of ₹360.4 Cr, EBITDA of ₹42.9 Cr (11.9% margin), and PAT of ₹13.7 Cr. Standalone margins improved YoY. Q2 saw temporary CNG volume dip due to auto GST transition, now normalized. US ops saw lower dispatches but H1 was healthy, with a strong $80M order book. New plants in Mundra (March '26) and Egypt (Jan '26) are on schedule, set to boost capacity. Management is confident on growth from CNG, industrial gases, and future hydrogen. Total order book stands at ₹1,000 Cr. An industry-wide GST case is ongoing.