BSE:508906

Stock Analysis Report

Executive Summary

Everest Industries Limited manufactures and trades in building products for residential, commercial, and industrial applications in India.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Risks

  • Everest Industries has significant price volatility in the past 3 months.
  • Everest Industries is covered by less than 3 analysts.

Share Price & News

How has Everest Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.8%

BSE:508906

-1.3%

IN Building

-0.7%

IN Market


1 Year Return

-41.3%

BSE:508906

-12.8%

IN Building

-12.1%

IN Market

508906 underperformed the Building industry which returned -13% over the past year.

508906 underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

508906IndustryMarket
7 Day-2.8%-1.3%-0.7%
30 Day-13.6%-8.3%-4.6%
90 Day-20.1%-10.8%-4.3%
1 Year-40.2%-41.3%-12.3%-12.8%-10.3%-12.1%
3 Year34.9%29.9%16.3%14.2%18.9%12.8%
5 Year42.7%33.4%84.7%78.5%37.6%24.7%

Price Volatility Vs. Market

How volatile is Everest Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Everest Industries undervalued based on future cash flows and its price relative to the stock market?

8.95x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Everest Industries's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Everest Industries's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Everest Industries is good value based on earnings compared to the IN Building industry average.

Everest Industries is good value based on earnings compared to the India market.


Price Based on Expected Growth

Everest Industries is good value based on expected growth next year.


Price Based on Value of Assets

Everest Industries is overvalued based on assets compared to the IN Building industry average.


Next Steps

Future Growth

How is Everest Industries expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

13.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Everest Industries's revenue is expected to grow by 8.2% yearly, however this is not considered high growth (20% yearly).

Everest Industries's earnings are expected to grow by 13.7% yearly, however this is not considered high growth (20% yearly).

Everest Industries's revenue growth is positive but not above the India market average.

Everest Industries's earnings growth is positive but not above the India market average.

Everest Industries's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Everest Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Everest Industries performed over the past 5 years?

19.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Everest Industries's year on year earnings growth rate has been positive over the past 5 years.

Everest Industries's 1-year earnings growth is less than its 5-year average (3.4% vs 19.2%)

Everest Industries's earnings growth has exceeded the IN Building industry average in the past year (3.4% vs 0.9%).


Return on Equity

Everest Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Everest Industries used its assets more efficiently than the IN Building industry average last year based on Return on Assets.


Return on Capital Employed

Everest Industries has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Everest Industries's financial position?


Financial Position Analysis

Everest Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Everest Industries's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Everest Industries's level of debt (19.9%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (85.7% vs 19.9% today).

Debt is well covered by operating cash flow (38.5%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 34.6x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 5.5x debt.


Next Steps

Dividend

What is Everest Industries's current dividend yield, its reliability and sustainability?

1.50%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Everest Industries's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.63%).

Everest Industries's dividend is below the markets top 25% of dividend payers in India (2.52%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.9x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Everest Industries's salary, the management and board of directors tenure and is there insider trading?

3.0yrs

Average management tenure


CEO

Manish Sanghi (56yo)

8.8yrs

Tenure

₹23,178,508

Compensation

Mr. Manish Sanghi has been the Managing Director of Everest Industries Ltd. since October 1, 2010. Mr. Sanghi served as the Chief Operating Officer of Everest Industries Limited from April 3, 2009 to Septe ...


CEO Compensation Analysis

Manish's remuneration is higher than average for companies of similar size in India.

Manish's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.0yrs

Average Tenure

46.5yo

Average Age

The tenure for the Everest Industries management team is about average.


Board Age and Tenure

5.8yrs

Average Tenure

62.5yo

Average Age

The tenure for the Everest Industries board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Sell₹176,17906 Sep 18
Yenduri Naga Srinivasa Rao
EntityIndividual
Role
Executive Director of Operations & Wholetime Director
Member of the Board of Directors
Shares300
Max Price₹587.26
Sell₹2,294,81131 Aug 18
Goutam Das
EntityIndividual
Shares4,000
Max Price₹573.70
Sell₹1,297,72324 Aug 18
Yenduri Naga Srinivasa Rao
EntityIndividual
Role
Executive Director of Operations & Wholetime Director
Member of the Board of Directors
Shares2,242
Max Price₹582.31
Sell₹725,00023 Aug 18
Rahul Chopra
EntityIndividual
Role
Senior VP & Business Head of Building Products (Boards and Panels)
Shares1,250
Max Price₹580.00

Ownership Breakdown


Management Team

  • Hiten Parekh (40yo)

    Head of Solar Business

    • Tenure: 2.8yrs
  • Yenduri Naga Srinivasa Rao (56yo)

    Executive Director of Operations & Wholetime Director

    • Compensation: 17.97m
  • Manish Garg (46yo)

    President & Chief Executive of SBS

  • Manish Sanghi (56yo)

    MD & Executive Director

    • Tenure: 8.8yrs
    • Compensation: 23.18m
  • Nikhil Dujari (46yo)

    Chief Financial Officer

    • Tenure: 0.9yrs
    • Compensation: 8.84m
  • Koushik Sarkar (55yo)

    President of Corporate Strategy

    • Tenure: 1.8yrs
  • Sanjay Joshi (44yo)

    Senior VP and Business Head of Building Products - Boards & Panels

    • Tenure: 3.3yrs
  • Subramanian Krishnakumar (47yo)

    Senior VP & Business Head of Steel Buildings

  • Neeraj Kohli (45yo)

    Company Secretary

    • Tenure: 11.8yrs
    • Compensation: 2.41m
  • Rahul Chopra (54yo)

    Senior VP & Business Head of Building Products (Boards and Panels)


Board Members

  • Yenduri Naga Srinivasa Rao (56yo)

    Executive Director of Operations & Wholetime Director

    • Tenure: 12.3yrs
    • Compensation: 17.97m
  • Bhavna Doshi (66yo)

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: 1.35m
  • Murari Gupta (78yo)

    Vice Chairman

    • Tenure: 8.8yrs
    • Compensation: 1.44m
  • Manish Sanghi (56yo)

    MD & Executive Director

    • Tenure: 17.1yrs
    • Compensation: 23.18m
  • Rajendra Chitale (58yo)

    Additional Independent Director

    • Tenure: 0.6yrs
    • Compensation: 80.00k
  • Padmini Aditya Somani

    Non-Executive Director

    • Tenure: 0.5yrs
    • Compensation: 80.00k
  • Bhanwarlal Taparia (69yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: 1.62m
  • Narotam Sekhsaria (70yo)

    Non-Executive Director

    • Tenure: 0.5yrs
    • Compensation: 80.00k
  • Alok Nanda (59yo)

    Additional Independent Director

    • Tenure: 0.6yrs
    • Compensation: 80.00k

Company Information

Everest Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Everest Industries Limited
  • Ticker: 508906
  • Exchange: BSE
  • Founded: 1934
  • Industry: building products
  • Sector: capital goods
  • Market Cap: ₹5.119b
  • Shares outstanding: 15.64m
  • Website: Click here

Number of Employees


Location

  • Everest Industries Limited
  • Everest Technopolis
  • D-206, Sector-63
  • Noida
  • Uttar Pradesh
  • 201301
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
508906BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 1996
EVERESTINDNSEI (National Stock Exchange of India)YesEquity SharesININRApr 1996

Biography

Everest Industries Limited manufactures and trades in building products for residential, commercial, and industrial applications in India. The company operates through Building Products and Steel Buildings ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 12:37
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.