Everest Kanto Cylinder Ltd Stock Analysis

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

BSE Share Price 02-Dec-2022 18:01
98.25 -1.90 (-1.90%)

DeciZen - Make an Informed Decision on Everest Kanto Cylind

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Everest Kanto Cylind Price Chart

P/E Ratio (SA) :
6.63
Market Cap :
1,102.4 Cr.
52-wk low :
90.6
52-wk high :
291.2
Bole Toh?

1. Is Everest Kanto Cylinder Ltd 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.

2. Is Everest Kanto Cylinder Ltd 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 Fair zone.

3. Is Everest Kanto Cylinder Ltd a good buy now?

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

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
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 Kanto Cylinder 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 % -2.1%-7.5%-7.5%-11.3%8.5%8.3%24.5%9%22.6%39.6%-
Value Creation Index -1.2-1.5-1.5-1.8-0.4-0.40.8-0.40.61.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2472041801712443234524907511,2681,186
YoY Gr. Rt. %--17.2%-11.8%-5.2%42.9%32.3%40.2%8.2%53.3%68.9%-
Adj EPS -3.8-8.2-7.8-8.11.11.57.51.87.82014.8
YoY Gr. Rt. %-NANANANA33.6%394.7%-76.3%340.1%156.6%-
BVPS (₹) 34.726.517.16.813.614.822.523.832.95356.8
Adj Net Profit -40.5-88.2-83.5-91.312.716.983.919.987.4224166
Cash Flow from Ops. 61.923.8-11.810343.2-8.848.896.370.276.1-
Debt/CF from Ops. 6.116.7-35.33.47.7-25.64.11.61.71.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 19.9%39%41%68.9%
Adj EPS NA77.6%38.8%156.6%
BVPS 4.831.233.160.8
Share Price 12.7% 11.9% 62.5% -38.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -9.2-26.9-35.8-70.21110.640.17.727.546.527
Op. Profit Mgn % -1.2-14.3-11.2-11.615.215.316.41624.427.920.8
Net Profit Mgn % -16.4-43.2-46.4-53.45.25.218.54.111.717.714
Debt to Equity 11.42.34.62.21.40.80.60.30.20
Working Cap Days 613646654637529448256209167162244
Cash Conv. Cycle 294276254156-17178201950148

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 40.98%

Net Profit is growing at healthy rate in last 3 years 38.83%

Sales growth is good in last 4 quarters at 27.21%

Return on Equity has declined versus last 3 years average to 27.00%

Latest Financials - Everest Kanto Cylinder Ltd.

Standalone Consolidated
TTM EPS (₹) 14.8 16.2
TTM Sales (₹ Cr.) 1,186 1,663
BVPS (₹.) 56.8 88.2
Reserves (₹ Cr.) 614 967
P/BV 1.73 1.13
PE 6.63 6.14
From the Market
52 Week Low / High (₹) 90.55 / 291.15
All Time Low / High (₹) 7.02 / 385.35
Market Cap (₹ Cr.) 1,102
Equity (₹ Cr.) 22.4
Face Value (₹) 2
Industry PE 22.3

Management X-Ray of Everest Kanto Cylind :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *44.5044.5044.500.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Everest Kanto Cylind

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

News

Everest Kanto Cylinder Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Everest Kanto Cylind on 02-Dec-2022 18:01 is : 98.25.
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 02-Dec-2022 18:01 the market cap of Everest Kanto Cylind stood at ₹ 1,102.4.
The latest PE ratio of Everest Kanto Cylind as of 02-Dec-2022 18:01 is 6.63.
The latest PB ratio of Everest Kanto Cylind as of 02-Dec-2022 18:01 is 1.73
The 52-week high of Everest Kanto Cylind is ₹ 291.1 and the 52-week low is ₹ 90.55.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Everest Kanto Cylind is ₹ 1,186 ( 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.

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.

 

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