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Everest Kanto Cylinder Ltd Stock Analysis

Small Cap
Evaluated by 826 users | BSE: 532684 | NSE: EKC |
Engineering - Industrial Equipments
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...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 3.5%2.43%-2.07%-7.49%-7.5%-11.32%8.49%8.25%24.45%9%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 379311247204180171244323452490
Y-o-Y Gr. Rt.--17.9%-20.7%-17.2%-11.8%-5.2%42.9%32.3%40.2%8.2%
Adjusted EPS (Rs.) 2.180.86-3.78-8.23-7.79-8.131.131.517.471.77
Y-o-Y Gr. Rt.--60.6%-539.5%NANANANA33.6%394.7%-76.3%
Book Value per Share (Rs.) 48.6547.4134.7126.4717.136.8313.6214.8222.4623.78
Adjusted Net Profit 23.39.3-40.5-88.2-83.5-91.312.716.983.919.9
Net Op. Cash Flow (Rs. Cr.) 64-23.561.923.8-11.810343.2-8.848.896.3
Debt to Cash Flow from Ops 4.1-13.676.0816.7-35.33.47.69-25.564.081.63
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Everest Kanto Cylinder Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 2.9%22.1%26.1%8.2%
Adjusted EPS -2.3%NA16.1%-76.3%
Book Value per Share -7.76.820.45.9
Share Price 5.7% 23.8% -5.8% 77.3%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 4.861.8-9.2-26.9-35.76-70.1711.0310.6140.17.66
Operating Profit Margin (%) 14.911.93-1.16-14.31-11.21-11.5515.2415.3116.415.97
Net Profit Margin (%) 6.152.97-16.39-43.15-46.35-53.445.185.2418.544.06
Debt to Equity 0.50.631.011.42.264.552.171.350.790.59
Working Capital Days 439522613646654637529448256209
Cash Conversion Cycle 157224294276254156-1717820
Entity Percentage Holding
Promoters 67.39%
Institutions 0.61%
Non-Institutions 32.01%
Pledged *45.0445.0445.0344.9944.7944.7944.7144.5044.5044.50
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Everest Kanto Cylinder Ltd's performance infers:

Everest Kanto Cylinder Ltd earnings have grown by 0%, whereas share price has appreciated 23.8% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Everest Kanto Cylinder Ltd share prices over the last 10 years. Here is what we found out:

Everest Kanto Cylinder Ltd share price has appreciated -4.4% annually over the past ten years.

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

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.

EKC’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.

 

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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