Everest Industries Ltd Stock Analysis

BSE: 508906 | NSE: EVERESTIND | Cement & Construction Materials | Small Cap

BSE Share Price 23-Mar-2023 18:01
744.45 -12.00 (-1.59%)

DeciZen - Make an Informed Decision on Everest Industries

Overall Rating

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong

Everest Industries Price Chart

P/E Ratio ( SA) :
33.20
Market Cap :
1,190.4 Cr.
52-wk low :
506
52-wk high :
974.5
Bole Toh?

1. Is Everest Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Everest Industries Ltd is a average quality company.

2. Is Everest Industries Ltd undervalued or overvalued?

The key valuation ratios of Everest Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Everest Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Everest Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Everest Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Everest Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 14.8%4.5%8.9%9.1%3.6%12.3%13.9%3.9%11.7%9.2%-
Value Creation Index 0.1-0.7-0.4-0.4-0.8-0.1-0.0-0.7-0.2-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,0141,0351,2311,3131,1471,2451,4041,2841,2131,3611,572
YoY Gr. Rt. %-2.1%18.9%6.7%-12.6%8.5%12.8%-8.6%-5.5%12.2%-
Adj EPS 36.19.125.225.63.834.44210.33729.622.8
YoY Gr. Rt. %--74.8%177%1.9%-85.4%818.1%22.1%-75.5%259.6%-20.1%-
BVPS (₹) 190.8193.8209.1225.8219.8253.1286.2285.1323.1345.2360.3
Adj Net Profit 54.813.838.539.45.853.865.716.157.946.436
Cash Flow from Ops. -6.941.844.510159.415136.855.926430.6-
Debt/CF from Ops. -255.86.82.53.30.62.41.300-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.3%3.5%-1%12.2%
Adj EPS -2.2%51.1%-11.1%-20.1%
BVPS 6.89.56.56.8
Share Price 13.8% 9.9% 79.8% -3.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 20.34.712.511.81.714.615.53.6128.86.5
Op. Profit Mgn % 104.57.27.13.97.67.73.69.45.44.3
Net Profit Mgn % 5.41.33.130.54.34.71.34.83.42.3
Debt to Equity 0.60.80.90.70.60.20.20.200-
Working Cap Days 1411741621601781611561791721540
Cash Conv. Cycle 496157484543496449470

Recent Performance Summary

Sales growth is good in last 4 quarters at 17.85%

Return on Equity has declined versus last 3 years average to 6.50%

Sales growth has been subdued in last 3 years -1.03%

Net Profit has been subdued in last 3 years -11.06%

Latest Financials - Everest Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 22.8 22.5
TTM Sales (₹ Cr.) 1,572 1,576
BVPS (₹.) 360.3 358.7
Reserves (₹ Cr.) 551 549
P/BV 2.10 2.12
PE 33.20 33.71
From the Market
52 Week Low / High (₹) 506.00 / 974.45
All Time Low / High (₹) 15.85 / 974.45
Market Cap (₹ Cr.) 1,190
Equity (₹ Cr.) 15.7
Face Value (₹) 10
Industry PE 42.2

Management X-Ray of Everest Industries :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Everest Industries

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Everest Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Everest Industries on 23-Mar-2023 18:01 is : 744.5.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Mar-2023 18:01 the market cap of Everest Industries stood at ₹ 1,190.4.
The latest PE ratio of Everest Industries as of 23-Mar-2023 18:01 is 33.20.
The latest PB ratio of Everest Industries as of 23-Mar-2023 18:01 is 2.10
The 52-week high of Everest Industries is ₹ 974.5 and the 52-week low is ₹ 506.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Everest Industries is ₹ 1,572 ( Cr.) .

About Everest Industries Ltd

Everest Industries (EIL) is one of India’s fastest growing building solutions company. Founded in 1934, this company is one of the most respected and renowned business entities in India, and has dominated the market ever since. EIL provides the world-class building solutions to meet construction requirements, in the Industrial, commercial and residential sectors. Historically, this company has provided rural shelters by making corrugated roofing sheets available to farmers at a competitive price.

The company is poised to capitalize on the opportunities in rural India where various housing and infrastructure initiatives are envisaged by the Government. Today, this company offers a complete range of building solutions which includes ceilings, walls, flooring, cladding, doors, roofing and pre-engineered steel buildings. These are produced at Everest's state-of-the-art with ISO: 14000 certified manufacturing facilities at Bhagwanpur  ,Kymore, Nashik, Coimbatore, Kolkata and Roorkee. With over 6000 retail points spread across the nation together with the strength of over 1285 highly qualified and experienced engineers, designers and technicians, Everest provides you building solutions that successfully meet the highest standards of quality and durability.

After successfully catering to the Indian market, EIL has widened its horizons in the international arena. With consistent exports to Europe, Africa, Australia and Asia, this company is all set to scale new heights and establish a strong foundation in the global market. Banking on its 75 years of experience and highly sophisticated technology, it assures that all its products live up to its promise of strength, speed and safety.

Product details  

Roofing solutions’ business will be one billion square meters of roofing in India. It’s roofing solutions include Everest AC roofing and Everest hi-tech, Everest roof light and metal roofing Everest roofing, which is fiber cement corrugated roofing sheets, is being used extensively throughout the country for factories, power plants, stadiums, schools, urban and rural houses, to name a few. Everest Hi-Tech is a high impact resistance non-asbestos corrugated modern roofing system. Everest rooflight -another high quality polycarbonate roofing sheet and Everest metal roofing are available in Galvalume (bare and colored), prepainted galvanized iron. Everest also offers a standing seam profile which ensures the use of large length sheets without end laps.

Plants  details:

  • Bhagwanpur  Everest Industries has established a green field, ultra-modern manufacturing unit, spread over an area of 21 acres at Bhagwanpur, (Haridwar district), Roorkee (Uttrakhand) . The plant manufactures the following products - roofing sheets, Everest fibre cement boards, pre engineered steel buildings and smart steel buildings. This plant has an installed capacity of 50,000 tonnes of fibre cement boards, 40, 000 metric tonns of steel fabrication products and 1-lakh tonnes of roofing products per annum.
  • Kymore plant established in 1934, in Katni, Madhya Pradesh is the first plant in India that was setup to manufacture fiber-cement roofing Sheets and accessories.
  • Kolkata plant established in 1938, this is second plant of Everest that was setup to manufacture fiber-cement roofing sheets and accessories.
  • Nashik Lakhmapur plant Works established in the year 1994-95, is about 35 kms. away from holy city of Nashik. This plant has advanced manufacturing facility for manufacturing AC corrugated roofing sheets, flat boards, compressed boards, and solid wall panels. This plant was the first unit to manufacture Non-asbestos roofing sheet and Flat boards in India.
  • Podanur plant Works established in the year 1953 is about 10 kms. Away from south Indian industrial town of Coimbatore and is well connected by road and rail. This plant commenced production in 1953 with manual corrugation of AC sheets and other molded goods, and over the years, it gradually transformed itself into a modernized plant, with vacuum corrugation. Today, PW had two lines for manufacturing AC corrugated roofing sheets of CBS and CTS profiles, and non-asbestos roofing (hitech) sheets and OMG accessories. The hitech products are manufactured adapting the HIPP technology (high impact polypropylene) with its unique feature of inherent flexibility and ensures safety for the roofers.

Awards

  •  IS/ISO 9001:2000  
  •  IS/ISO 14001:2004
  •  Development of Green Belt
  •  Rain Water Harvesting
  •  Effluent Treatment Plant for 100% recycling of process effluents
  •  Sewage Treatment Plant for treatment of Canteen wastes / Domestics waste
  •  Energy Conservation
  •  Vermiculture Plant
  •  QMS : IS/ISO-9001:2000
  •  EMS-IS/ISO 14001 
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