Everest Inds.

Who are in the management team of Everest Inds.?

As of March 2023, the management team of Everest Inds. includes Rajesh Joshi (Managing Director & CEO), Padmini Sekhsaria (Vice Chairperson), Anant Talaulicar (Non-Executive Chairman), and Amruta Avasare (Company Secretary). The board also features several Independent Directors, including M L Gupta and B L Taparia.

As of March 2023, the management team of Everest Inds. includes the following individuals:<BR><BR>1. **Rajesh Joshi** - Managing Director & CEO<BR>2. **Padmini Sekhsaria** - Vice Chairperson<BR>3. **Anant Talaulicar** - Chairman (Non-Executive)<BR>4. **Amruta Avasare** - Company Secretary & Compliance Officer<BR><BR>Additionally, there are several Independent Directors on the board:<BR><BR>- M L Gupta<BR>- B L Taparia<BR>- Bhavna G Doshi<BR>- Rajendra Prabhakar Chitale<BR>- Alok Nanda<BR><BR>This structure reflects a combination of executive leadership and independent oversight within the company.

Has Everest Inds. declared dividend?

Yes, Everest Industries Ltd has declared a dividend of 25% (₹2.5 per share) with an ex-date of August 2, 2024. Despite this, the company has experienced significant volatility, showing negative total returns in the short term but positive returns over the last five years.

Everest Industries Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 25%<BR>- Amount per share: 2.5<BR>- Ex-date: 02 Aug 2024<BR><BR>Dividend Yield: 0.54%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -43.99%, with no dividend return, resulting in a total return of -43.99%.<BR><BR>Over the past year, the price return was -56.94%, with a dividend return of 0.23%, leading to a total return of -56.71%.<BR><BR>In the 2-year period, the price return was -43.01%, with a dividend return of 0.91%, resulting in a total return of -42.1%.<BR><BR>For the 3-year period, the price return was -24.18%, with a dividend return of 2.80%, leading to a total return of -21.38%.<BR><BR>In the last 4 years, the price return was 19.74%, with a dividend return of 6.01%, resulting in a total return of 25.75%.<BR><BR>Over the past 5 years, the price return was 134.88%, with a dividend return of 10.80%, leading to a total return of 145.68%.<BR><BR>Overall, while Everest Industries Ltd has declared a dividend, the total returns over various periods show significant volatility, with negative returns in the short term but positive returns over the longer 5-year period.

Who are the peers of the Everest Inds.?

Everest Inds. peers include Coal India, Doms Industries, Sandur Manganese, and others. Everest Inds. has average management risk, a good capital structure, and the lowest 1-year return at -55.71% among its peers.

Peers: The peers of Everest Inds. are Coal India, Doms Industries, Sandur Manganese, Navneet Educat., Flair Writing, S Chand & Compan, Midwest Gold, Shiv Texchem, and Vinyl Chemicals.<BR><BR>Quality Snapshot: Excellent management risk is observed at Coal India, Doms Industries, and Sandur Manganese, while Average management risk is found at Navneet Educat., Flair Writing, Everest Inds., S Chand & Compan, and Shiv Texchem. Good capital structure is noted for Everest Inds. and S Chand & Compan, while Excellent capital structure is seen at Coal India, Doms Industries, Sandur Manganese, Navneet Educat., Flair Writing, and Vinyl Chemicals. Below Average growth is reported for Navneet Educat., Flair Writing, Everest Inds., S Chand & Compan, and A-1, while Excellent growth is noted at Shiv Texchem.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Doms Industries at 32.50%, while Everest Inds. has the lowest at -55.71%. Everest Inds.'s 1-year return is significantly worse than all peers. Additionally, the six-month return is negative for Everest Inds., Sandur Manganese, and Shiv Texchem.

Is Everest Inds. overvalued or undervalued?

As of February 5, 2025, Everest Industries is considered overvalued with a risky valuation grade, reflected by a PE Ratio of -51.79 and poor performance compared to peers and the Sensex, having declined by 37.63% year-to-date and 55.57% over the past year.

As of 5 February 2025, the valuation grade for Everest Industries has moved from expensive to risky, indicating a significant shift in its market perception. The company is currently considered overvalued. Key ratios reflect this status, with a PE Ratio of -51.79, an EV to EBIT of -109.18, and an EV to EBITDA of 32.94, which are concerning indicators of financial health and profitability.<BR><BR>In comparison to its peers, Everest Industries stands out negatively; for instance, Shankara Building has a PE Ratio of 29.29 and an EV to EBITDA of 13.86, while Ramco Industries boasts a PE Ratio of 12.64 and an EV to EBITDA of 13.62. These comparisons highlight how Everest's financial metrics are significantly worse than those of its competitors. Additionally, the company's stock has underperformed against the Sensex, particularly in the year-to-date and one-year periods, where it has declined by 37.63% and 55.57%, respectively, compared to the Sensex's positive returns.

What does Everest Inds. do?

Everest Industries Ltd. manufactures fibre-based cement products, including roofing and non-asbestos flat sheets. As of March 2025, it reported net sales of ₹4,526 Cr and a net profit of ₹76 Cr, with a market cap of ₹894 Cr.

Overview: <BR>Everest Industries Ltd. operates in the Miscellaneous industry as a Micro Cap company, manufacturing fibre-based cement products, including roofing sheets and non-asbestos flat sheets for various applications.<BR><BR>History: <BR>The company was formerly known as Eternit Everest Ltd and commenced business by taking over Asbestos Cement (India) at Kymore, Madhya Pradesh. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>- Net Sales: 4,526 Cr (Quarterly Results - Mar 2025) <BR>- Net Profit: 76 Cr (Quarterly Results - Mar 2025) <BR>- Market cap: INR 894 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>- P/E: N/A <BR>- Industry P/E: 22 <BR>- Dividend Yield: 0.44% <BR>- Debt Equity: 0.43 <BR>- Return on Equity: -2.37% <BR>- Price to Book: 1.50 <BR><BR>Contact Details: <BR>Address: GAT No 152 Lakhmapur, Taluka Dindori Nashik Maharashtra : 422202 <BR>Tel: 91-02557-250375/462 <BR>Fax: 91-02557-250376 <BR>Email: info@everestind.com <BR>Website: http://www.everestind.com

Who are the top shareholders of the Everest Inds.?

The top shareholders of Everest Industries include Falak Investment Private Limited with 50.15%, Massachusetts Institute of Technology at 9.86%, and 23 Foreign Institutional Investors holding 10.38%. Individual investors own 28.38% of the shares, with no pledged promoter holdings reported.

The top shareholders of Everest Industries include several key players. The majority shareholder is Falak Investment Private Limited, which holds 50.15% of the shares. Additionally, Massachusetts Institute of Technology is the highest public shareholder with a stake of 9.86%. The company also has 23 Foreign Institutional Investors (FIIs) collectively holding 10.38%, and individual investors account for 28.38% of the shareholding. Notably, there are no pledged promoter holdings reported.

How big is Everest Inds.?

As of 24th July, Everest Industries Ltd has a market capitalization of 884.00 Cr and reported Net Sales of 1722.82 Cr, with a Net Profit loss of 3.60 Cr over the latest four quarters. Shareholder's Funds are 597.41 Cr and Total Assets are 1,198.91 Cr as of March 2024.

As of 24th July, Everest Industries Ltd has a market capitalization of 884.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Everest Industries reported Net Sales of 1722.82 Cr. However, the company experienced a loss of 3.60 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024. Shareholder's Funds are reported at 597.41 Cr, while Total Assets amount to 1,198.91 Cr.

When is the next results date for Everest Inds.?

Everest Inds. will announce its results on 29 October 2025.

Everest Inds. will declare its results on 29 October 2025.

How has been the historical performance of Everest Inds.?

Everest Inds. experienced fluctuating financial performance, with net sales increasing to 1,722.82 Cr in Mar'25 but profitability declining significantly, resulting in a profit after tax of -3.60 Cr. The company faced rising expenditures and negative cash flow from operating activities of -90.00 Cr, indicating a challenging fiscal year.

Answer:<BR>The historical performance of Everest Inds. shows a fluctuating trend in key financial metrics over the years, with a notable decline in profitability in the most recent fiscal year.<BR><BR>Breakdown:<BR>Everest Inds. reported net sales of 1,722.82 Cr in Mar'25, an increase from 1,575.45 Cr in Mar'24, but a decrease from 1,647.63 Cr in Mar'23. The total operating income followed a similar pattern, reaching 1,722.82 Cr in Mar'25. However, total expenditure rose significantly to 1,692.92 Cr in Mar'25 from 1,534.49 Cr in Mar'24, leading to an operating profit (PBDIT) of only 44.56 Cr, down from 58.70 Cr the previous year. This decline continued into profit before tax, which fell to -6.30 Cr in Mar'25 from 21.19 Cr in Mar'24, resulting in a profit after tax of -3.60 Cr compared to 18.00 Cr in Mar'24. The company's total assets increased to 1,310.72 Cr in Mar'25 from 1,198.91 Cr in Mar'24, while total liabilities also rose to 1,310.72 Cr, reflecting a growing debt level of 164.01 Cr in Mar'25. Cash flow from operating activities was negative at -90.00 Cr in Mar'25, contrasting sharply with the positive cash flow of 182.00 Cr in Mar'24. Overall, the financial data indicates a challenging year for Everest Inds., marked by declining profitability and increasing costs.

Is Everest Inds. technically bullish or bearish?

As of November 3, 2025, Everest Inds. exhibits a mildly bearish technical trend, supported by bearish MACD and Bollinger Bands, despite a mildly bullish daily moving average, with a year-to-date return of -23.93% compared to the Sensex.

As of 3 November 2025, the technical trend for Everest Inds. has changed from mildly bullish to mildly bearish. The weekly MACD is mildly bearish, and the monthly MACD is bearish, indicating a weakening momentum. Bollinger Bands are bearish on both weekly and monthly time frames, further supporting the bearish stance. The KST is also mildly bearish weekly and bearish monthly. Although the daily moving averages show a mildly bullish signal, this is overshadowed by the overall bearish indicators. The stock has underperformed significantly compared to the Sensex across multiple time frames, particularly with a year-to-date return of -23.93%. Overall, the current technical stance is mildly bearish, driven primarily by the MACD and Bollinger Bands.

Are Everest Industries Ltd latest results good or bad?

Everest Industries Ltd's latest results are concerning, showing a net loss of ₹18.17 crores in Q2 FY26, a 1,214.72% decline from the previous quarter, along with a significant drop in revenue and negative operating margins. Overall, the financial performance indicates substantial challenges, leading to a "Strong Sell" rating from analysts.

The latest results for Everest Industries Ltd are concerning and indicate a significant deterioration in financial performance. In Q2 FY26, the company reported a net loss of ₹18.17 crores, which is a staggering 1,214.72% decline compared to the previous quarter. Revenue also fell sharply by 38.86% quarter-on-quarter to ₹306.16 crores, and year-on-year, it declined by 18.75%. <BR><BR>The operating margin turned negative at -2.94%, a stark contrast to the positive margin of 3.27% in Q1 FY26. This suggests severe operational challenges, with the company struggling to manage costs effectively in a competitive market. Additionally, the return on capital employed (ROCE) for the half-year stood at -1.79%, marking the lowest level in recent history, indicating that the company is not generating value for its shareholders.<BR><BR>Investor sentiment appears to be quite negative, reflected in the stock's performance, which has significantly underperformed the market. The company's Mojo Score of 22 out of 100 carries a "Strong Sell" rating, underscoring the deteriorating fundamentals and bearish outlook.<BR><BR>Overall, the results can be characterized as bad, with multiple red flags indicating that the company faces substantial challenges in restoring profitability and operational efficiency.

Should I buy, sell or hold Everest Industries Ltd?

Why is Everest Industries Ltd falling/rising?

As of 16-Mar, Everest Industries Ltd's stock price is at Rs. 336.60, down 8.02%, marking a new 52-week low. The company has reported negative financial results for six consecutive quarters, with significant declines in sales and profitability, contributing to its poor performance relative to the market.

As of 16-Mar, Everest Industries Ltd's stock price is falling, currently at Rs. 336.60, which reflects a decrease of Rs. 29.35 or 8.02%. This decline is part of a broader trend, as the stock has been losing value for the last three days, resulting in a total drop of 12.07% during this period. The stock has also hit a new 52-week low today, indicating significant downward pressure.<BR><BR>The company's performance relative to the market has been poor, with stock returns showing a decline of 10.19% over the past week and 18.58% over the past month, compared to a lesser decline of 2.66% and 9.34% for the Sensex, respectively. Year-to-date, the stock has fallen by 35.36%, while the Sensex has only decreased by 11.40%. Over the past year, the stock has underperformed significantly, with a return of -29.85% compared to a positive return of 2.27% for the Sensex.<BR><BR>Financially, Everest Industries Ltd has reported negative results for the last six consecutive quarters, with a pre-tax loss of Rs. 36.21 crore, a decline of 71.69%. The net sales for the latest six months have also decreased by 21.23%, and the profit after tax stands at a loss of Rs. 42.51 crore, reflecting the same percentage decline. The company has a weak long-term fundamental strength, evidenced by a low average return on equity of 4.25%, indicating low profitability.<BR><BR>Additionally, the construction material sector has faced a downturn, with a drop of 3.6%, further contributing to the stock's decline. Despite a rise in investor participation, with delivery volume increasing by 43.96% against the five-day average, the overall sentiment remains negative due to the company's ongoing operational losses and poor financial performance. The stock is trading below its moving averages across various time frames, reinforcing the bearish outlook.

Which are the latest news on Everest Inds.?