Is Everest Kanto Cylinder a good quality company?

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

Is Everest Kanto Cylinder undervalued or overvalued?

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

What is Everest Kanto Cylinder share price return in the past 10 years?

Everest Kanto Cylinder Ltd share price has appreciated 24.6% annually (CAGR) over the past ten years.

Is Everest Kanto Cylinder a good buy now?

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

What is the P/E ratio of Everest Kanto Cylinder?

The latest standalone P/E ratio of Everest Kanto Cylinder as of 23-Apr-2024 is 29.10.

What is the P/B ratio of Everest Kanto Cylinder?

The latest standalone P/B ratio of Everest Kanto Cylinder as of 23-Apr-2024 is 2.37.

Everest Kanto Cylinder Ltd - Stock Valuation and Financial Performance

Name: Everest Kanto Cylinder
Brand: Everest Kanto Cylinder

BSE: 532684 | NSE: EKC | Engineering - Industrial Equipments | Small Cap

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Everest Kanto Cylind Share Price

₹149.25 2.20 1.50%
as on 23-Apr'24 15:44

10 Year X-Ray of Everest Kanto Cylind:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	-7.5%	-7.5%	-11.3%	8.5%	8.3%	24.5%	9%	22.6%	39.6%	10.4%	-
Value Creation Index ⓘ	-1.5	-1.5	-1.8	-0.4	-0.4	0.8	-0.4	0.6	1.8	-0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	204	180	171	244	323	452	490	751	1,268	790	735
Sales YoY Gr.	-	-11.8%	-5.2%	42.9%	32.3%	40.2%	8.2%	53.3%	68.9%	-37.7%	-
Adj EPS ⓘ	-8.2	-7.8	-8.1	1.1	1.5	7.5	1.8	7.8	20	5.8	5.1
YoY Gr.	-	NA	NA	NA	33.6%	394.7%	-76.3%	340.1%	156.6%	-70.8%	-
BVPS (₹) ⓘ	26.5	17.1	6.8	13.6	14.8	22.5	23.8	32.9	53	58.7	62.1
Adj Net Profit ⓘ	-88.2	-83.5	-91.3	12.7	16.9	83.9	19.9	87.4	224	65.6	57
Cash Flow from Ops. ⓘ	23.8	-11.8	103	43.2	-8.8	48.8	96.3	70.2	75.1	91.9	-
Debt/CF from Ops. ⓘ	16.7	-35.3	3.4	7.7	-25.6	4.1	1.6	1.7	1.2	0.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	16.2%	19.6%	17.3%	-37.7%
Adj EPS ⓘ	NA	31.1%	48.9%	-70.8%
BVPSⓘ	9.3%	31.7%	35.2%	10.8%
Share Price	24.6%	40.5%	3.7%	50.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	-26.9	-35.8	-70.2	11	10.6	40.1	7.7	27.5	46.5	10.5	8.4
Op. Profit Mgn % ⓘ	-14.3	-11.2	-11.6	15.2	15.3	16.4	16	24.4	27.9	14.1	12.6
Net Profit Mgn % ⓘ	-43.2	-46.4	-53.4	5.2	5.2	18.5	4.1	11.7	17.7	8.3	7.7
Debt to Equity ⓘ	1.4	2.3	4.6	2.2	1.4	0.8	0.6	0.3	0.2	0.1	-
Working Cap Days ⓘ	646	654	637	508	414	237	195	162	160	272	111
Cash Conv. Cycle ⓘ	276	254	156	-17	17	8	20	19	50	151	85

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 17.28%

Net Profit is growing at healthy rate in last 3 years 48.87%

Return on Equity has declined versus last 3 years average to 8.40%

Sales growth is not so good in last 4 quarters at -13.22%

Latest Financials - Everest Kanto Cylinder Ltd.

	Standalone	Consolidated
TTM EPS (₹)	5.1	10.8
TTM Sales (₹ Cr.)	735	1,195
BVPS (₹.) ⓘ	62.1	96.5
Reserves (₹ Cr.) ⓘ	674	1,061
P/BV ⓘ	2.37	1.52
PE ⓘ	29.10	13.62

From the Market
52 Week Low / High (₹)	94.00 / 178.90
All Time Low / High (₹)	7.02 / 385.35
Market Cap (₹ Cr.)	1,650
Equity (₹ Cr.)	22.4
Face Value (₹)	2
Industry PE ⓘ	51.1

Management X-Ray of Everest Kanto Cylind:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Everest Kanto Cylind

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Everest Kanto Cylind

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	204	180	171	244	323	452	490	751	1,268	790
Operating Expenses ⓘ	234	203	195	207	273	378	417	568	915	681
Manufacturing Costs	30	25	19	30	34	44	42	56	91	82
Material Costs	151	134	131	138	188	264	293	405	693	478
Employee Cost	18	16	14	15	19	23	24	27	31	32
Other Costs ⓘ	35	28	31	24	33	48	57	81	99	89
Operating Profit ⓘ	-29	-23	-24	37	49	74	72	183	352	109
Operating Profit Margin (%)	-14.4%	-12.6%	-14.2%	15.2%	15.3%	16.4%	14.8%	24.4%	27.8%	13.8%
Other Income ⓘ	13	11	4	11	18	12	5	7	17	11
Interest ⓘ	50	51	48	37	27	27	28	22	10	9
Depreciation ⓘ	22	17	17	15	13	13	23	19	19	22
Exceptional Items ⓘ	0	-20	-29	75	-10	-5	-1	10	-5	2
Profit Before Tax ⓘ	-88	-99	-114	72	18	41	26	159	335	91
Tax ⓘ	0	0	1	0	5	-47	10	56	107	19
Profit After Tax	-88	-99	-115	71	13	88	16	103	228	72
PAT Margin (%)	-43.2%	-55.0%	-67.3%	29.3%	4.0%	19.3%	3.2%	13.7%	18.0%	9.1%
Adjusted EPS (₹)	-8.2	-9.3	-10.3	6.4	1.2	7.8	1.4	9.2	20.3	6.4
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	3%	3%	11%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	284	184	77	153	166	252	267	370	594	659
Share Capital ⓘ	21	21	22	22	22	22	22	22	22	22
Reserves ⓘ	262	162	54	130	144	230	244	347	572	636
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	357	392	312	211	211	158	118	110	49	50
Long Term Debt	271	286	237	145	140	87	52	56	0	2
Short Term Debt	86	106	75	65	71	71	66	54	48	48
Trade Payables	59	65	120	103	116	156	128	134	71	31
Others Liabilities ⓘ	121	92	158	259	109	51	73	131	286	98
Total Liabilities ⓘ	820	732	667	726	602	618	586	744	1,001	838
Fixed Assets
Gross Block	473	461	461	379	405	424	442	432	456	481
Accumulated Depreciation	174	192	208	186	198	224	247	264	271	272
Net Fixed Assetsⓘ	299	269	254	193	207	200	195	168	185	209
CWIP ⓘ	25	23	24	7	0	8	15	35	30	52
Investmentsⓘ	110	91	71	54	45	98	98	40	40	25
Inventories	164	144	108	95	107	117	109	123	202	285
Trade Receivables	44	53	41	50	49	85	89	132	195	103
Cash Equivalents	13	4	5	5	14	12	19	64	33	28
Others Assetsⓘ	164	148	165	321	179	99	63	182	316	136
Total Assets ⓘ	820	732	667	726	602	618	586	744	1,001	838

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	24	-12	103	43	-9	49	96	70	75	92
PBT ⓘ	-88	-99	-114	72	18	41	26	159	335	91
Adjustment ⓘ	59	84	100	-37	38	45	58	31	29	36
Changes in Working Capital ⓘ	54	4	117	10	-64	-34	22	-98	-212	-19
Tax Paid ⓘ	-1	-1	-1	-2	-1	-3	-10	-22	-77	-17
Cash Flow From Investing Activity ⓘ	8	38	4	8	144	1	-23	42	-63	-43
Capex	-13	-1	-2	8	143	-17	-37	-18	-65	-48
Net Investments	0	0	0	0	-10	1	0	59	0	2
Others ⓘ	21	39	6	0	11	17	14	1	2	2
Cash Flow From Financing Activityⓘ	-33	-30	-105	-53	-134	-51	-69	-64	-43	-55
Net Proceeds from Shares ⓘ	0	0	8	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	-113	-25	-37	-30	-23	1
Interest Paid ⓘ	-48	-46	-51	-37	-27	-26	-24	-20	-13	-16
Dividend Paid ⓘ	-2	0	0	0	0	0	0	0	0	0
Others ⓘ	18	17	-61	-16	6	0	-7	-14	-8	-40
Net Cash Flow ⓘ	-1	-4	2	-1	1	-1	4	48	-31	-6

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	-26.94	-42.44	-88.39	62.32	8.18	41.85	6.13	32.29	47.34	11.5
ROCE (%)	-5.43	-7.55	-12.95	23.87	10.31	16.09	12.3	39.65	59.11	14.41
Asset Turnover Ratio	0.26	0.26	0.27	0.39	0.49	0.74	0.81	1.13	1.45	0.86
PAT to CFO Conversion(x)	N/A	N/A	N/A	0.61	-0.69	0.56	6	0.68	0.33	1.28
Working Capital Days
Receivable Days	82	88	90	62	56	54	65	54	47	68
Inventory Days	276	281	243	138	113	90	84	56	47	112
Payable Days	126	169	258	297	213	188	177	118	54	39

Everest Kanto Cylinder Ltd Stock News

Everest Kanto Cylinder Ltd FAQs

What is the share price of Everest Kanto Cylind?

Company share prices are keep on changing according to the market conditions. The closing price of Everest Kanto Cylind on 23-Apr-2024 15:44 is ₹149.2.

What is the market cap of Everest Kanto Cylind?

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-Apr-2024 15:44 the market cap of Everest Kanto Cylind stood at ₹1,650.

What is the P/E ratio of Everest Kanto Cylind?

The latest P/E ratio of Everest Kanto Cylind as of 23-Apr-2024 15:44 is 29.10.

What is the P/B ratio of Everest Kanto Cylind?

The latest P/B ratio of Everest Kanto Cylind as of 23-Apr-2024 15:44 is 2.37.

What is the 52-week high and low of Everest Kanto Cylind?

The 52-week high of Everest Kanto Cylind is ₹178.9 and the 52-week low is ₹94.00.

What is the TTM revenue of Everest Kanto Cylind?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Everest Kanto Cylind is ₹734.8 ( Cr.) .

About Everest Kanto Cylinder Ltd

Everest Kanto Cylinder (EKC) is engaged in the business of manufacturing industrial and CNG cylinders. Established in 1978, EKC has grown to become pioneer in development & production of industrial & CNG Cylinders with well over 1.5 million High Pressure gas cylinders and 6.00,000 CNG cylinders in service and three manufacturing plants in India Aurangabad, Tarapur and Gandhidam and Middle East (UAE) JAFZA in Dubai.

EKC has received ISO 9001:2000 for Quality Management for its three manufacturing plants. The company has production capacity of 5.00,000 cylinders on an annual basis.

EKCâ€™s Dubai plant manufactures cylinders ranging from 1 to 280 liters water capacity and working pressure from150-400 bar (Test Pressure up to 650 bar).

The company has subsidiaries, namely EKC International FZE, EKC Hungary Kft, CP Industries Holdings, Inc and EKC Industries (Tianjin) Company.

In 2009 Everest Kanto Cylinder completed the acquisition of a majority stake (72.65%) in Calcutta Compressions & Liquefaction Engineering Pvt. Ltd

Products

Industrial Cylinder- The company is engaged in manufacturing of industrial cylinders for for oxygen, hydrogen, nitrogen, argon, helium, air, etc.

Allied Products- The company is engaged in manufacturing of allied products such as cylinder valves, value protection guards, value protection caps, trolleys, purge bottles and industrial equipment.

Medical Cylinder- Under this it manufactures oxygen and nitrous oxide cylinders.

CNC cylinder- The company manufactures CNG cylinders required in three wheelers, buses and delivery vehicles. It also manufactures beverage cylinders and accumulators.