Stock Price Movement and Market Context
On 27 Feb 2026, Everest Industries Ltd’s share price touched an intraday high of Rs.416.9 but ultimately closed at Rs.382.4, registering a day’s decline of 0.89%. This new 52-week low represents a substantial drop from its 52-week high of Rs.748, underscoring a prolonged period of price depreciation. The stock has experienced a consecutive two-day fall, resulting in a cumulative return decline of 2.71% over this short span.
Despite the broader market downturn, with the Nifty closing at 25,178.65 down 1.25%, Everest Industries marginally outperformed its sector by 0.77% on the day. However, the stock remains below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bearish momentum.
Financial Performance and Profitability Metrics
Everest Industries Ltd’s financial indicators continue to reflect subdued profitability and operational strain. The company has reported negative results for six consecutive quarters, with the latest quarterly PAT standing at a loss of Rs.24.34 crores, representing a sharp 57.2% decline. The half-yearly Return on Capital Employed (ROCE) is at a low of -1.79%, while the operating profit to interest coverage ratio has deteriorated to -2.73 times, indicating challenges in covering interest expenses from operating profits.
The average Return on Equity (ROE) over recent periods is 4.25%, a figure that points to limited profitability relative to shareholders’ funds. Additionally, the company’s EBITDA remains negative, further emphasising the financial pressures it faces.
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Valuation and Market Capitalisation Insights
The company’s Mojo Score currently stands at 1.0, with a Mojo Grade of Strong Sell, an upgrade from the previous Sell rating as of 29 Sep 2025. This reflects a cautious stance based on the company’s fundamentals and market performance. Everest Industries holds a Market Cap Grade of 4, indicating a mid-tier market capitalisation within its sector.
Over the past year, the stock has delivered a negative return of 32.91%, significantly underperforming the Sensex, which has gained 8.95% over the same period. This underperformance extends to longer timeframes as well, with the stock lagging behind the BSE500 index over the last three years, one year, and three months.
Shareholding and Institutional Interest
Despite the company’s size, domestic mutual funds hold a minimal stake of just 0.05%. Given that domestic mutual funds typically conduct thorough research and maintain positions in companies with favourable prospects, this limited holding may reflect a cautious approach towards Everest Industries’ current valuation and business outlook.
Broader Market Environment
The overall market environment has been challenging, with all market capitalisation segments experiencing declines. Large-cap stocks have been the primary drag, with the Nifty Next 50 index down 1.3%. The Nifty index itself remains 4.74% below its 52-week high of 26,373.20 and is trading below its 50-day moving average, although the 50-day average remains above the 200-day average, suggesting some underlying resilience in the broader market.
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Summary of Key Financial Challenges
Everest Industries Ltd’s financial profile is marked by a series of negative trends. The company’s operating losses have contributed to a weak long-term fundamental strength, as reflected in its Strong Sell Mojo Grade. Profitability metrics such as ROE and ROCE remain subdued, while the negative EBITDA and operating profit to interest coverage ratios highlight ongoing financial stress.
The stock’s valuation appears risky relative to its historical averages, and the steep decline in profits by 381.6% over the past year further compounds concerns. These factors collectively explain the stock’s fall to its 52-week low and its underperformance relative to market benchmarks.
Technical Indicators and Price Trends
From a technical perspective, Everest Industries Ltd is trading below all major moving averages, signalling a bearish trend. The stock’s inability to sustain levels above short-term averages such as the 5-day and 20-day moving averages suggests continued selling pressure. The recent two-day consecutive decline and the new 52-week low reinforce this downtrend.
While the stock marginally outperformed its sector on the day of the new low, the broader downward momentum remains intact, reflecting the cumulative impact of financial and valuation challenges.
Conclusion
Everest Industries Ltd’s fall to Rs.382.4, its lowest price in 52 weeks, encapsulates a period of sustained financial underperformance and market caution. The company’s negative quarterly results, low profitability ratios, and challenging valuation metrics have contributed to this decline. The stock’s position below all key moving averages and its underperformance relative to major indices further illustrate the pressures it faces in the current market environment.
Investors and market participants will continue to monitor the company’s financial disclosures and market movements closely as it navigates these challenges.
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