Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 19 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Everest Industries Ltd

About the Company - Everest Industries Ltd

Everest Industries Ltd. is a Public Limited Listed company incorporated on 03/04/1934 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L74999MH1934PLC002093 and registration number is 002093. Currently Company is involved in the business activities of Manufacture of other cement and asbestos cement products. Company’s Total Operating Revenue is Rs. 1361.19 Cr. and Equity Capital is Rs. 15.68 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Cement ProductsGat 152, Lakhmapur, Nasik Maharashtra 422202info@everestind.com
http://www.everestind.com
Management
NamePosition Held
Ms. Padmini SomaniVice Chairperson
Mr. Anant TalaulicarNon Executive Chairman
Mr. Rajesh JoshiManaging Director & CEO
Mr. M L GuptaIndependent Director
Mr. B L TapariaIndependent Director
Ms. Bhavna G DoshiIndependent Director
Mr. Rajendra Prabhakar ChitaleIndependent Director
Mr. Alok Mahinder NandaIndependent Director

Basic Stock Data of Everest Industries Ltd

Last Updated: June 17, 2024, 8:34 pm

Market Cap 1,730 Cr.
Current Price 1,096
High / Low1,451/812
Stock P/E141
Book Value 378
Dividend Yield0.55 %
ROCE3.80 %
ROE2.07 %
Face Value 10.0
PEG Ratio8.36

Everest Industries Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales279.91347.67354.93298.19337.26374.33452.57356.41392.35446.30484.14307.61351.59
Expenses265.39319.91319.81288.49321.68365.77418.87350.12374.58436.53463.88309.30343.85
Operating Profit14.5227.7635.129.7015.588.5633.706.2917.779.7720.26-1.697.74
OPM %5.19%7.98%9.89%3.25%4.62%2.29%7.45%1.76%4.53%2.19%4.18%-0.55%2.20%
Other Income1.682.633.4213.883.468.5910.668.661.0420.2412.496.824.53
Interest0.611.030.640.450.621.441.571.592.2326.122.672.543.23
Depreciation6.466.406.616.686.988.378.548.488.378.397.858.247.90
Profit before tax9.1322.9631.2916.4511.447.3434.254.888.21-4.5022.23-5.651.14
Tax %41.07%46.73%34.96%36.05%37.15%17.98%38.10%33.61%39.46%387.78%20.87%-3.36%28.07%
Net Profit5.3812.2320.3510.527.196.0221.203.244.9712.9517.58-5.840.81
EPS in Rs3.447.8213.016.734.603.8413.522.063.168.2311.17-3.700.51

Last Updated: June 7, 2024, 4:17 am

Everest Industries Ltd Quarterly Chart

Everest Industries Ltd Profit & Loss

MonthMar 2009Mar 2010Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5296521,0411,2681,3131,1601,2711,4081,2851,2181,3651,6481,630
Expenses4825921,0011,1861,2271,1181,1811,3031,2431,1051,2921,5801,584
Operating Profit4860408286429010543113736846
OPM %9%9%4%6%7%4%7%7%3%9%5%4%3%
Other Income610121013910698264141
Interest1610131923211387433234
Depreciation17182725262524212425293433
Profit before tax2042134850464832192674320
Tax %28%28%29%29%32%32%17%25%35%38%34%1%
Net Profit143093434353621456444230
EPS in Rs20.265.9422.3922.381.9633.9639.568.6536.0628.1226.9218.86
Dividend Payout %26%22%42%22%22%51%19%19%12%21%21%22%

Everest Industries Ltd Profit & Loss Yearly Chart

Everest Industries Ltd Growth

Compounded Sales Growth
10 Years:4%
5 Years:2%
3 Years:9%
TTM:-4%
Compounded Profit Growth
10 Years:3%
5 Years:-28%
3 Years:-40%
TTM:-71%
Stock Price CAGR
10 Years:17%
5 Years:22%
3 Years:46%
1 Year:18%
Return on Equity
10 Years:8%
5 Years:7%
3 Years:6%
Last Year:2%

Last Updated: June 11, 2024, 9:45 pm

Everest Industries Ltd Balance Sheet

MonthMar 2009Mar 2010Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital15151515151516161616161616
Reserves137159279304331323382436437493527566572
Borrowings18912824330125619884907985511354
Other Liabilities111136290330324309320361317413461437401
Total Liabilities4514388279509278468029028499301,0581,1321,042
Fixed Assets235220282321350345341337359355398388352
CWIP76613291821262113192646
Investments0000000000000
Other Assets210211485597567483441539469561641718643
Total Assets4514388279509278468029028499301,0581,1321,042

Everest Industries Ltd Reserves and Borrowings Chart

Everest Industries Ltd Cash Flow

MonthMar 2009Mar 2010Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 148241439358148355626432-168
Cash from Investing Activity -37-7-101-36-20-19-16-22-26-1403640
Cash from Financing Activity 14-794436-78-86-123-16-46-79-1842
Net Cash Flow-9-3-1642-5-479-4-164550-85

Everest Industries Ltd Financial Efficiency Indicators

MonthMar 2009Mar 2010Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days161328303132202619171423
Inventory Days167126145140126131127153153142163194
Days Payable696374688692818672928363
Cash Conversion Cycle11476100102717166941006894154
Working Capital Days654536363638193736-10357
ROCE %11%16%12%12%4%15%18%5%18%13%11%

Everest Industries Ltd Financial Efficiency Indicators Chart

No valid data available for the Shareholding

Everest Industries Ltd Shareholding Pattern Chart

No. of Everest Industries Ltd Shareholders

This stock is not held by any mutual fund

Everest Industries Ltd ROCE Trend

Everest Industries Ltd EPS Trend

Everest Industries Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)11.4226.9828.1836.068.35
Diluted EPS (Rs.)11.3326.9028.1836.068.35
Cash EPS (Rs.)31.8948.3846.3852.2523.83
Book Value[Excl.RevalReserv]/Share (Rs.)378.38369.50345.89325.20289.47
Book Value[Incl.RevalReserv]/Share (Rs.)378.38369.50345.89325.20289.47
Revenue From Operations / Share (Rs.)997.821047.04870.45778.90822.07
PBDIT / Share (Rs.)37.1868.7062.7077.2933.03
PBIT / Share (Rs.)16.6947.2444.4461.1017.85
PBT / Share (Rs.)13.4227.2242.4358.6113.35
Net Profit / Share (Rs.)11.4026.9228.1236.068.65
NP After MI And SOA / Share (Rs.)11.4026.9228.1236.068.65
PBDIT Margin (%)3.726.567.209.924.01
PBIT Margin (%)1.674.515.107.842.17
PBT Margin (%)1.342.604.877.521.62
Net Profit Margin (%)1.142.573.234.631.05
NP After MI And SOA Margin (%)1.142.573.234.631.05
Return on Networth / Equity (%)3.017.288.1211.082.98
Return on Capital Employeed (%)3.6911.3811.2817.705.22
Return On Assets (%)1.503.744.166.061.59
Long Term Debt / Equity (X)0.070.000.000.000.09
Total Debt / Equity (X)0.070.100.000.040.14
Asset Turnover Ratio (%)1.351.501.371.361.47
Current Ratio (X)1.401.431.391.241.34
Quick Ratio (X)0.600.360.630.590.35
Inventory Turnover Ratio (X)2.042.352.642.162.25
Dividend Payout Ratio (NP) (%)0.0022.2026.612.7786.71
Dividend Payout Ratio (CP) (%)0.0012.3516.131.9131.47
Earning Retention Ratio (%)0.0077.8073.3997.2313.29
Cash Earning Retention Ratio (%)0.0087.6583.8798.0968.53
Interest Coverage Ratio (X)4.603.4331.2230.997.34
Interest Coverage Ratio (Post Tax) (X)1.822.3415.0015.462.92
Enterprise Value (Cr.)1623.581233.88951.05336.15270.40
EV / Net Operating Revenue (X)1.030.740.690.270.21
EV / EBITDA (X)27.6611.419.672.785.23
MarketCap / Net Operating Revenue (X)1.040.710.810.360.16
Retention Ratios (%)0.0077.7973.3897.2213.28
Price / BV (X)2.752.042.060.880.45
Price / Net Operating Revenue (X)1.040.710.810.360.16
EarningsYield0.010.030.030.120.06

Everest Industries Ltd Profitability Ratios (%)

Everest Industries Ltd Liquidity Ratios

Everest Industries Ltd Liquidity Ratios (%)

Everest Industries Ltd Interest Coverage Ratios (%)

Everest Industries Ltd Valuation Ratios

Fair Value

Fair Value: 1,109.34

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 1.22% compared to the current price 1096

Intrinsic Value: 1,296.49

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 18.29% compared to the current price ₹1096

Last 5 Year EPS CAGR: 16.87%

*Investments are subject to market risks

Strength and Weakness of Everest Industries Ltd Stock

StrengthWeakness
  1. The company has higher reserves (380.46 cr) compared to borrowings (138.31 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (91.69 cr) and profit (43.62 cr) over the years.
  1. The stock has a low average ROCE of 11.25%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 33.17, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 92.50, which may not be favorable.

FAQ

What is the latest fair value of Everest Industries Ltd?

The latest fair value of Everest Industries Ltd is ₹1109.34.

What is the Market Cap of Everest Industries Ltd?

The Market Cap of Everest Industries Ltd is 1,730 Cr..

What is the current Stock Price of Everest Industries Ltd as on 19 June 2024?

The current stock price of Everest Industries Ltd as on 19 June 2024 is ₹1,096.

What is the High / Low of Everest Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Everest Industries Ltd stocks is 1,451/812.

What is the Stock P/E of Everest Industries Ltd?

The Stock P/E of Everest Industries Ltd is 141.

What is the Book Value of Everest Industries Ltd?

The Book Value of Everest Industries Ltd is 378.

What is the Dividend Yield of Everest Industries Ltd?

The Dividend Yield of Everest Industries Ltd is 0.55 %.

What is the ROCE of Everest Industries Ltd?

The ROCE of Everest Industries Ltd is 3.80 %.

What is the ROE of Everest Industries Ltd?

The ROE of Everest Industries Ltd is 2.07 %.

What is the Face Value of Everest Industries Ltd?

The Face Value of Everest Industries Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Everest Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE