Everest Industries
- 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.
Compared with its industry
Other Construction Materials: 28 companies →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 positiveTurnaround 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.
- 22 Oct 2026Options to purchase securitiesLow impactNeutralGranted 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.
- 16 Oct 2026General UpdatesLow impactNeutralEverest 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.
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- CRISIL lowered its rating on 25 Nov 2025.
- ICRA and CRISIL expect things to get worse (negative outlook).
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A- | Negative | 4 Jun 2026 |
| ICRA | [ICRA]A | Negative | 10 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 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 2026 | Financial Results | Pursuant 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 2026 | Financial Results | Pursuant 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 2026 | Financial Results/Dividend | To 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 2026 | Financial Results | Pursuant 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 2025 | Financial Results | Pursuant 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 2025 | Financial Results | Pursuant 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). |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 308 | 352 | 432 | 522 | 377 | 371 | 453 | 501 | 306 | 283 | 327 | 436 |
| Expenses | 309 | 344 | 417 | 495 | 379 | 377 | 442 | 484 | 315 | 302 | 353 | 392 |
| Operating Profit | −2 | 8 | 15 | 27 | −2 | −6 | 10 | 16 | −9 | −19 | −26 | 44 |
| OPM % | −0.6% | 2.2% | 3.4% | 5% | −0.5% | −1.5% | 2.3% | 3.3% | −2.9% | −7% | −8% | 10% |
| Other Income | 7 | 5 | 2 | 9 | 2 | 1 | 14 | 3 | 2 | −12 | 5 | 94 |
| Interest | 3 | 3 | 4 | 4 | 6 | 6 | 7 | 6 | 7 | 7 | 9 | 6 |
| Depreciation | 8 | 8 | 8 | 9 | 9 | 9 | 12 | 10 | 10 | 10 | 11 | 10 |
| Profit before tax | −6 | 1 | 3 | 22 | −15 | −20 | 6 | 3 | −25 | −48 | −42 | 123 |
| Tax % | 3% | 28% | −56% | 29% | −20% | −22% | −36% | 51% | −27% | −21% | 12% | 17% |
| Net Profit | −6 | 1 | 5 | 16 | −12 | −15 | 8 | 2 | −18 | −38 | −47 | 102 |
| EPS in Rs | −3.7 | 0.51 | 3.45 | 10.07 | −7.38 | −9.79 | 4.83 | 1.03 | −11.46 | −23.95 | −29.75 | 64.39 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 1%
- 5 Years
- 3%
- 3 Years
- −5%
- TTM
- −21%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- −148%
- 10 Years
- 5%
- 5 Years
- 0%
- 3 Years
- −26%
- TTM
- —
- 10 Years
- 4%
- 5 Years
- 0%
- 3 Years
- −6%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Everest Industries | ₹ 469.50 | ₹ 758 Cr. | 125.3x | 1.6x | −16% | — |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 55.4x | 9.1x | 17.4% | 13.6% |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 71.3x | 5.2x | 5.2% | 3.2% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 38x | 6.4x | 16.8% | 10.2% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 65.9x | 6.8x | 10.6% | 5% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 17.4x | 1.4x | — | 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.