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Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Everest Kanto Cylinder Ltd

About the Company - Everest Kanto Cylinder Ltd

Everest Kanto Cylinder Ltd. is a Public Limited Listed company incorporated on 24/06/1978 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29200MH1978PLC020434 and registration number is 020434. Currently Company is involved in the business activities of Manufacture of fabricated metal products, except machinery and equipment. Company’s Total Operating Revenue is Rs. 1267.82 Cr. and Equity Capital is Rs. 22.44 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Packaging & Containers204, Raheja Centre, Free Press Journal Marg, Mumbai Maharashtra 400021investors@ekc.in
http://www.everestkanto.com
Management
NamePosition Held
Mr. Pushkar KhuranaChairman & Executive Director
Mr. Puneet KhuranaManaging Director
Mr. M N Sudhindra RaoIndependent Director
Mrs. Uma AcharyaIndependent Director
Mr. Ghanshyam KarkeraIndependent Director
Dr. Vaijayanti PanditIndependent Director

Basic Stock Data of Everest Kanto Cylinder Ltd

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

Market Cap 1,535 Cr.
Current Price 137
High / Low179/107
Stock P/E15.4
Book Value 98.1
Dividend Yield0.51 %
ROCE11.3 %
ROE9.47 %
Face Value 2.00
PEG Ratio0.18

Everest Kanto Cylinder Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales247284335421464479381340256298268299329
Expenses200243246310367384320304242248231258278
Operating Profit474189112979460361450374152
OPM %19%14%26%26%21%20%16%11%6%17%14%14%16%
Other Income32-51931211-191303
Interest5722232333222
Depreciation989999910101191010
Profit before tax65209710387845025-1737283043
Tax %22%78%29%31%31%23%23%25%-5%1%24%12%15%
Net Profit504697160653918-1836222636
EPS in Rs4.490.406.176.325.365.783.451.65-1.563.241.942.353.27

Last Updated: June 10, 2024, 12:50 pm

Everest Kanto Cylinder Ltd Quarterly Chart

Everest Kanto Cylinder Ltd Profit & Loss

Last Updated: June 2, 2024, 8:31 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales6775434914725065645397027619491,6991,2741,122
Expenses6055715104665005124636236677831,2991,114979
Operating Profit72-28-196652767993166399160143
OPM %11%-5%-4%1%1%9%14%11%12%18%24%13%13%
Other Income816725-210721014321-11-14
Interest21415860554736383828141510
Depreciation67706871723432304335354040
Profit before tax-8-123-138-98-123782812121463729578
Tax %155%-7%-0%1%-1%0%16%-405%83%38%29%20%
Net Profit5-132-138-98-1247824582902657667
EPS in Rs0.40-12.30-12.89-9.12-11.066.982.085.230.278.0223.636.795.97
Dividend Payout %62%-2%0%0%0%0%0%0%0%4%3%10%

Everest Kanto Cylinder Ltd Profit & Loss Yearly Chart

Everest Kanto Cylinder Ltd Growth

Compounded Sales Growth
10 Years:10%
5 Years:12%
3 Years:9%
TTM:-4%
Compounded Profit Growth
10 Years:11%
5 Years:11%
3 Years:16%
TTM:13%
Stock Price CAGR
10 Years:21%
5 Years:39%
3 Years:9%
1 Year:4%
Return on Equity
10 Years:6%
5 Years:13%
3 Years:16%
Last Year:9%

Last Updated: June 18, 2024, 10:13 am

Everest Kanto Cylinder Ltd Balance Sheet

Last Updated: June 2, 2024, 8:31 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital21212121222222222222222222
Reserves7976015004163214004214955166068809771,024
Borrowings4565515815905785443773372942031149673
Other Liabilities143123116113120170131180215222284297239
Total Liabilities1,4171,2971,2181,1411,0421,1369521,0341,0471,0541,3011,3921,359
Fixed Assets678636632560512423340329339312334392392
CWIP3535282528148182646386483
Investments0000034333333
Other Assets704626558555501695599683679692926932879
Total Assets1,4171,2971,2181,1411,0421,1369521,0341,0471,0541,3011,3921,359

Everest Kanto Cylinder Ltd Reserves and Borrowings Chart

Everest Kanto Cylinder Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -643436663174-215410784165106
Cash from Investing Activity 65-72-5-122422-1875-60-77
Cash from Financing Activity 23-32-32-44-57-74-203-76-82-118-113-43
Net Cash Flow-357-323-31-00-1741-8-14

Everest Kanto Cylinder Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days706183707775616357634953
Inventory Days485497393424368352406316270227175286
Days Payable7855566473102535859534028
Cash Conversion Cycle476503420431371325413322268236184311
Working Capital Days140302231257217240287193162142121177
ROCE %1%-7%-7%-3%-6%3%7%6%7%16%41%12%

Everest Kanto Cylinder Ltd Financial Efficiency Indicators Chart

Everest Kanto Cylinder Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters67.39%67.39%67.39%67.39%67.39%67.39%67.39%67.39%67.39%67.39%67.39%67.39%
FIIs0.14%0.09%0.07%0.16%0.56%0.37%0.79%0.65%0.51%0.49%0.31%0.41%
DIIs0.47%0.46%0.37%0.33%0.51%0.34%0.33%0.33%0.33%0.13%0.79%0.79%
Public32.01%32.06%32.17%32.12%31.54%31.91%31.49%31.62%31.79%31.99%31.51%31.40%
No. of Shareholders37,05640,21361,68147,93742,43045,82149,16358,32561,96962,82659,29264,780

Everest Kanto Cylinder Ltd Shareholding Pattern Chart

No. of Everest Kanto Cylinder Ltd Shareholders

This stock is not held by any mutual fund

Everest Kanto Cylinder Ltd ROCE Trend

Everest Kanto Cylinder Ltd EPS Trend

Everest Kanto Cylinder Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)8.846.7923.648.020.26
Diluted EPS (Rs.)8.846.7923.648.020.26
Cash EPS (Rs.)12.1910.2926.7511.174.05
Book Value[Excl.RevalReserv]/Share (Rs.)98.0689.0880.4855.9947.92
Book Value[Incl.RevalReserv]/Share (Rs.)98.0689.0880.4855.9947.92
Revenue From Operations / Share (Rs.)109.00113.58151.4084.5967.78
PBDIT / Share (Rs.)14.9014.2436.4414.898.47
PBIT / Share (Rs.)11.4110.7133.3111.744.60
PBT / Share (Rs.)10.538.4433.1013.121.51
Net Profit / Share (Rs.)8.706.7623.638.020.19
NP After MI And SOA / Share (Rs.)8.846.7923.638.020.26
PBDIT Margin (%)13.6712.5324.0617.6012.49
PBIT Margin (%)10.469.4322.0013.876.79
PBT Margin (%)9.667.4321.8615.512.23
Net Profit Margin (%)7.985.9515.609.470.28
NP After MI And SOA Margin (%)8.115.9715.619.480.39
Return on Networth / Equity (%)9.017.6229.3714.330.55
Return on Capital Employeed (%)11.1311.4339.3818.328.18
Return On Assets (%)7.025.5420.548.600.28
Long Term Debt / Equity (X)0.000.000.000.090.09
Total Debt / Equity (X)0.030.090.120.260.43
Asset Turnover Ratio (%)0.870.951.340.870.58
Current Ratio (X)3.362.761.241.871.46
Quick Ratio (X)1.531.030.580.950.71
Inventory Turnover Ratio (X)1.211.942.591.661.28
Dividend Payout Ratio (NP) (%)0.0010.311.260.000.00
Dividend Payout Ratio (CP) (%)0.006.781.120.000.00
Earning Retention Ratio (%)0.0089.6998.740.000.00
Cash Earning Retention Ratio (%)0.0093.2298.880.000.00
Interest Coverage Ratio (X)21.9114.3638.436.392.65
Interest Coverage Ratio (Post Tax) (X)14.089.1125.092.911.15
Enterprise Value (Cr.)1422.861056.532574.07977.88317.60
EV / Net Operating Revenue (X)1.160.821.521.030.41
EV / EBITDA (X)8.516.616.305.853.34
MarketCap / Net Operating Revenue (X)1.210.791.480.920.16
Retention Ratios (%)0.0089.6898.730.000.00
Price / BV (X)1.341.012.791.400.22
Price / Net Operating Revenue (X)1.210.791.480.920.16
EarningsYield0.060.070.100.100.02

Everest Kanto Cylinder Ltd Profitability Ratios (%)

Everest Kanto Cylinder Ltd Liquidity Ratios

Everest Kanto Cylinder Ltd Liquidity Ratios (%)

Everest Kanto Cylinder Ltd Interest Coverage Ratios (%)

Everest Kanto Cylinder Ltd Valuation Ratios

Fair Value

Fair Value: 143.80

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: 4.96% compared to the current price 137

Intrinsic Value: 267.10

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: 94.96% compared to the current price ₹137

Last 5 Year EPS CAGR: 85.75%

*Investments are subject to market risks

Strength and Weakness of Everest Kanto Cylinder Ltd Stock

StrengthWeakness
  1. The company has higher reserves (611.85 cr) compared to borrowings (368.77 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (477.46 cr) and profit (25.46 cr) over the years.
  1. The stock has a low average ROCE of 5.83%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 205.75, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 355.00, which may not be favorable.

FAQ

What is the latest fair value of Everest Kanto Cylinder Ltd?

The latest fair value of Everest Kanto Cylinder Ltd is ₹143.80.

What is the Market Cap of Everest Kanto Cylinder Ltd?

The Market Cap of Everest Kanto Cylinder Ltd is 1,535 Cr..

What is the current Stock Price of Everest Kanto Cylinder Ltd as on 22 June 2024?

The current stock price of Everest Kanto Cylinder Ltd as on 22 June 2024 is ₹137.

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

In FY 2024, the High / Low of Everest Kanto Cylinder Ltd stocks is 179/107.

What is the Stock P/E of Everest Kanto Cylinder Ltd?

The Stock P/E of Everest Kanto Cylinder Ltd is 15.4.

What is the Book Value of Everest Kanto Cylinder Ltd?

The Book Value of Everest Kanto Cylinder Ltd is 98.1.

What is the Dividend Yield of Everest Kanto Cylinder Ltd?

The Dividend Yield of Everest Kanto Cylinder Ltd is 0.51 %.

What is the ROCE of Everest Kanto Cylinder Ltd?

The ROCE of Everest Kanto Cylinder Ltd is 11.3 %.

What is the ROE of Everest Kanto Cylinder Ltd?

The ROE of Everest Kanto Cylinder Ltd is 9.47 %.

What is the Face Value of Everest Kanto Cylinder Ltd?

The Face Value of Everest Kanto Cylinder Ltd is 2.00.

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 Kanto Cylinder 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