Everest Industries

NSE: EVERESTINDBSE: 508906
Compare with peers
₹ 469.50▲ 13.9 (+3.05%)1 Oct, 03:29 pm IST
Market cap
₹ 758 Cr.
P/E
125.3x
P/B
1.56x
52-week range
284.9 – 633.15
ROE
−16%
ROCE
−8%
Dividend yield
0.2%
Debt / equity
0.46
Sector
Other Construction Materials
Industry
Other Construction Materials
Listed on
NSE, BSE

About

Everest Industries Limited is an India-based company, which is engaged in manufacturing and trading of building products, such as roofing products, boards and panels, other building products and accessories and manufacturing of components of pre-engineered steel buildings and related accessories. Its segments include Building products and Steel buildings. Its solutions include walls, ceiling, cladding, flooring, roofing, and pre-engineered buildings. Its Steel Buildings division offers solutions, covering from design and engineering to fabrication, delivery, and installation. It caters to a range of applications across residential, commercial, and industrial segments, offering materials such as asbestos cement sheet and non-asbestos cement sheets. Its pre-engineered building services offer a range of applications, including industrial facilities, warehouses, multi-story buildings, infrastructure developments, commercial complexes, and structural steel projects.

Quick check

The five things to look at first. Open one for more.

Everest Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)125.3 against a typical 34.5: pricier than most peers (1st = cheapest).24th of 28
  • Sales growth−13% against a typical +11.6% from a year earlier.14th of 21
  • Profit growth+5,000% against a typical +27.1% from a year earlier.1st of 18
  • Share price, 3 months−5.7% against a typical −2.8%.13th of 23
  • Size₹ 757.7 Cr. market value against a typical ₹ 67.4 Cr. (1st = largest).4th of 25

Latest announcements

Exchange filings and their impact on the company.

  • 26 Oct 2026Outcome of Board MeetingHigh impactVery positive
    Turnaround to profit with Rs 96 cr property sale flipping balance sheet to net cash.

    Everest Industries reported Q2 FY27 consolidated revenue of Rs 318.6 crore, up 4% year-on-year, with profit of Rs 2.1 crore versus a loss last year. For the first half, profit was Rs 104.2 crore, boosted by a Rs 96.15 crore gain from selling part of its Podanur property, partly offset by provisions after cancelling two new-plant capex plans. The proceeds helped repay debt and lift cash to Rs 141 crore, with building products profitable and steel buildings back to a small profit.

    Filing
  • 22 Oct 2026Options to purchase securitiesLow impactNeutral
    Granted 95,000 options at Rs 460 implying ~0.6% potential dilution with negligible P&L impact in the next year.

    Everest Industries granted 95,000 stock options to employees at an exercise price of Rs 460 per share under its ESOS-2021 scheme. The options vest 20% after one year, 30% after two years and 50% after three years, and are exercisable within four years of vesting. At about 0.6% of outstanding shares, the grant has only a marginal dilution and cost impact while supporting employee retention.

    Filing
  • 16 Oct 2026General UpdatesLow impactNeutral
    Everest paid Rs 112.9 cr call money to make its 154,150 shares in 100% subsidiary EBPL fully paid, with no ownership change.

    Everest Industries paid Rs 112.93 crore as first-and-final call money to its wholly owned subsidiary Everest Buildpro Private Limited on October 15, 2026. The payment converted 1,54,150 partly paid-up shares of Rs 10 each into fully paid-up shares. The company continues to hold 100% of EBPL, with no change in ownership.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Look closer

Rated A to A- by 2 agencies
A-
DefaultRiskyModerateSafeVery safe
  • CRISIL lowered its rating on 25 Nov 2025.
  • ICRA and CRISIL expect things to get worse (negative outlook).
AgencyCurrent ratingOutlookAs of
CRISILCrisil A-Negative4 Jun 2026
ICRA[ICRA]ANegative10 Apr 2026
Credit rating actions
RatingDetails
4 Jun 2026
Reaffirmed
Crisil A-—CRISIL₹ 440 Cr.
10 Apr 2026
Rating action
[ICRA]A—ICRA₹ 440 Cr.
25 Nov 2025
▼ Downgrade
Crisil A-—CRISIL₹ 440 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
26 Oct 2026Financial ResultsPursuant to the provisions of the Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, October 26, 2026, inter alia, to consider and approve the Unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter and half year ended September 30, 2026.Further, in continuation to our earlier intimation dated September 26, 2026 regarding closure of Trading Window, we wish to inform you that the Trading Window for dealing in the shares of the Company shall remain closed from October 1, 2026 to October 28, 2026 (both days inclusive).
27 Jul 2026Financial ResultsPursuant to the provisions of Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, July 27, 2026, inter alia, to consider and approve the Unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter ended June 30, 2026. Further, in continuation to our earlier intimation dated June 25, 2026 regarding closure of Trading Window, we wish to inform you that the Trading Window for dealing in the shares of the Company shall remain closed from July 1, 2026 to July 29, 2026 (both days inclusive).
26 May 2026Financial Results/DividendTo consider and approve the Audited (Standalone and Consolidated) Financial Results of the Company for the quarter and year ended March 31, 2026 and to recommend final dividend, if any, on the equity shares of the Company for the financial year ended March 31, 2026. Further, in continuation to our earlier intimation dated March 26, 2026 regarding closure of Trading Window, we wish to inform you that the Trading Window for dealing in the shares of the Company shall remain closed from April 1, 2026 to May 28, 2026 (both days inclusive).
6 Feb 2026Financial ResultsPursuant to the provisions of the Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Friday, February 6, 2026, inter alia, to consider and approve the Unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter and nine months ended December 31, 2025. Further, in continuation to our earlier intimation dated December 26, 2025 regarding Closure of Trading Window, we wish to inform you that the Trading Window for dealing in the shares of the Company shall remain closed from January 1, 2026 to February 8, 2026 (both days inclusive).
29 Oct 2025Financial ResultsPursuant to the provisions of the Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, October 29, 2025, inter alia, to consider and approve the Unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter and half year ended September 30, 2025. Further, in continuation to our earlier intimation dated September 26, 2025 regarding closure of Trading Window, we wish to inform you that the Trading Window for dealing in the shares of the Company shall remain closed from October 1, 2025 to October 31, 2025 (both days inclusive).
4 Aug 2025Financial ResultsPursuant to the provisions of the Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, August 4, 2025, inter alia, to consider and approve the Unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter ended June 30, 2025. Further, in continuation to our earlier intimation dated June 26, 2025 regarding closure of Trading Window, we wish to inform you that the Trading Window for dealing in the shares of the Company shall remain closed from July 1, 2025 to August 6, 2025 (both days inclusive).

Share price

1Y change −23.75%
0 of 0 filing days came with a big price move3 filings after the close: the market reacts next session
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales308352432522377371453501306283327436
Expenses309344417495379377442484315302353392
Operating Profit−281527−2−61016−9−19−2644
OPM %−0.6%2.2%3.4%5%−0.5%−1.5%2.3%3.3%−2.9%−7%−8%10%
Other Income7529211432−12594
Interest334466767796
Depreciation888999121010101110
Profit before tax−61322−15−2063−25−48−42123
Tax %3%28%−56%29%−20%−22%−36%51%−27%−21%12%17%
Net Profit−61516−12−1582−18−38−47102
EPS in Rs−3.70.513.4510.07−7.38−9.794.831.03−11.46−23.95−29.7564.39

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
1%
5 Years
3%
3 Years
−5%
TTM
−21%
Compounded Profit Growth
10 Years
—
5 Years
—
3 Years
—
TTM
−148%
Stock Price CAGR
10 Years
5%
5 Years
0%
3 Years
−26%
TTM
—
Return on Equity
10 Years
4%
5 Years
0%
3 Years
−6%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
50.22%
+0.07 pts in a year
FIIs
10.14%
−0.19 pts in a year
DIIs
0.03%
−0.04 pts in a year
Public
39.61%
+0.15 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 125.3xEPS (12 months) ₹ 5.01Median P/E 13.3x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Everest Industries₹ 469.50₹ 758 Cr.125.3x1.6x−16%—
Grindwell Norton₹ 1,858.00₹ 20,572 Cr.55.4x9.1x17.4%13.6%
Carborundum Universal₹ 1,031.30₹ 19,647 Cr.71.3x5.2x5.2%3.2%
Kajaria Ceramics₹ 1,137.65₹ 17,896 Cr.38x6.4x16.8%10.2%
Century Plyboards (India)₹ 636.25₹ 14,165 Cr.65.9x6.8x10.6%5%
Jindal SAW₹ 233.30₹ 14,864 Cr.17.4x1.4x—3.3%

Management

Hemant Khurana
Chief Executive Officer, Managing Director, Additional Executive Director
Rajesh Gagrani
Chief Financial Officer
Ujjal Bhattacharjee
Chief Human Resources Officer
Amruta Nihar Avasare
Compliance Officer, Company Secretary
Sunder Nilakantan
Internal Auditor and Chief Risk Officer

Prices are delayed and for information only. Nothing on this page is investment advice.