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Everest Kanto Cylinder BSE:532684 Stock Report

Last Price


Market Cap







07 Aug, 2022


Company Financials +
532684 fundamental analysis
Snowflake Score
Future Growth3/6
Past Performance5/6
Financial Health6/6

532684 Stock Overview

Everest Kanto Cylinder Limited, together with its subsidiaries, manufactures and sells cylinders primarily in India.

Everest Kanto Cylinder Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Everest Kanto Cylinder
Historical stock prices
Current Share Price₹179.60
52 Week High₹291.15
52 Week Low₹87.90
1 Month Change-3.70%
3 Month Change4.88%
1 Year Change92.39%
3 Year Change773.97%
5 Year Change432.94%
Change since IPO345.11%

Recent News & Updates

Shareholder Returns

532684IN PackagingIN Market

Return vs Industry: 532684 exceeded the Indian Packaging industry which returned -1.1% over the past year.

Return vs Market: 532684 exceeded the Indian Market which returned 7% over the past year.

Price Volatility

Is 532684's price volatile compared to industry and market?
532684 volatility
532684 Average Weekly Movement8.0%
Packaging Industry Average Movement6.7%
Market Average Movement6.6%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market4.3%

Stable Share Price: 532684 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 532684's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

1978607Puneet Prem Khurana

Everest Kanto Cylinder Limited, together with its subsidiaries, manufactures and sells cylinders primarily in India. The company offers compressed natural gas steel, industrial gas, fire extinguisher, fire suppression system, medical application, hydrogen, breathing air, aluminum, jumbo, and type-4 cylinders. It also provides equipment, appliances, and tanks, as well as parts and accessories used for containing and storage of gas, liquids, and air.

Everest Kanto Cylinder Fundamentals Summary

How do Everest Kanto Cylinder's earnings and revenue compare to its market cap?
532684 fundamental statistics
Market Cap₹20.15b
Earnings (TTM)₹2.65b
Revenue (TTM)₹16.99b


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
532684 income statement (TTM)
Cost of Revenue₹9.66b
Gross Profit₹7.33b
Other Expenses₹4.68b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 09, 2022

Earnings per share (EPS)23.58
Gross Margin43.14%
Net Profit Margin15.57%
Debt/Equity Ratio12.6%

How did 532684 perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is 532684 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 532684?

Other financial metrics that can be useful for relative valuation.

532684 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA5.3x
PEG Ratio0.4x

Price to Earnings Ratio vs Peers

How does 532684's PE Ratio compare to its peers?

532684 PE Ratio vs Peers
The above table shows the PE ratio for 532684 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average27.1x
533080 Mold-Tek Packaging
512237 Jai
500187 AGI Greenpac
532856 Time Technoplast
532684 Everest Kanto Cylinder

Price-To-Earnings vs Peers: 532684 is good value based on its Price-To-Earnings Ratio (7.6x) compared to the peer average (27.1x).

Price to Earnings Ratio vs Industry

How does 532684's PE Ratio compare vs other companies in the IN Packaging Industry?

Price-To-Earnings vs Industry: 532684 is good value based on its Price-To-Earnings Ratio (7.6x) compared to the Indian Packaging industry average (12.9x)

Price to Earnings Ratio vs Fair Ratio

What is 532684's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

532684 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.6x
Fair PE Ratio18.8x

Price-To-Earnings vs Fair Ratio: 532684 is good value based on its Price-To-Earnings Ratio (7.6x) compared to the estimated Fair Price-To-Earnings Ratio (18.8x).

Share Price vs Fair Value

What is the Fair Price of 532684 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 532684 (₹179.6) is trading below our estimate of fair value (₹517.74)

Significantly Below Fair Value: 532684 is trading below fair value by more than 20%.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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Future Growth

How is Everest Kanto Cylinder forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score


Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532684's forecast earnings growth (18.1% per year) is above the savings rate (6.8%).

Earnings vs Market: 532684's earnings (18.1% per year) are forecast to grow slower than the Indian market (18.4% per year).

High Growth Earnings: 532684's earnings are forecast to grow, but not significantly.

Revenue vs Market: 532684's revenue (16.4% per year) is forecast to grow faster than the Indian market (10.8% per year).

High Growth Revenue: 532684's revenue (16.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 532684's Return on Equity is forecast to be high in 3 years time (28.7%)

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Past Performance

How has Everest Kanto Cylinder performed over the past 5 years?

Past Performance Score


Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 532684 has a high level of non-cash earnings.

Growing Profit Margin: 532684's current net profit margins (15.6%) are higher than last year (9.7%).

Past Earnings Growth Analysis

Earnings Trend: 532684's earnings have grown significantly by 24.5% per year over the past 5 years.

Accelerating Growth: 532684's earnings growth over the past year (188.6%) exceeds its 5-year average (24.5% per year).

Earnings vs Industry: 532684 earnings growth over the past year (188.6%) exceeded the Packaging industry 36.9%.

Return on Equity

High ROE: 532684's Return on Equity (29.3%) is considered high.

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Financial Health

How is Everest Kanto Cylinder's financial position?

Financial Health Score


Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 532684's short term assets (₹8.4B) exceed its short term liabilities (₹3.4B).

Long Term Liabilities: 532684's short term assets (₹8.4B) exceed its long term liabilities (₹460.7M).

Debt to Equity History and Analysis

Debt Level: 532684's net debt to equity ratio (5.8%) is considered satisfactory.

Reducing Debt: 532684's debt to equity ratio has reduced from 128.6% to 12.6% over the past 5 years.

Debt Coverage: 532684's debt is well covered by operating cash flow (145.2%).

Interest Coverage: 532684's interest payments on its debt are well covered by EBIT (33.5x coverage).

Balance Sheet

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What is Everest Kanto Cylinder current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 532684's dividend (0.39%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).

High Dividend: 532684's dividend (0.39%) is low compared to the top 25% of dividend payers in the Indian market (1.72%).

Stability and Growth of Payments

Stable Dividend: 532684's dividend payments have been volatile in the past 10 years.

Growing Dividend: 532684's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (3%), 532684's dividend payments are thoroughly covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (9.4%), 532684's dividend payments are thoroughly covered by cash flows.

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How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Puneet Prem Khurana (49 yo)





Mr. Puneet Prem Kumar Khurana has been Managing Director at Everest Kanto Cylinder Limited since November 14, 2019 and had been its Chief Executive Officer since February 10, 2017 until November 13, 2019....

CEO Compensation Analysis

Compensation vs Market: Puneet Prem's total compensation ($USD269.21K) is above average for companies of similar size in the Indian market ($USD193.44K).

Compensation vs Earnings: Puneet Prem's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: 532684's management team is considered experienced (3.3 years average tenure).

Board Members

Experienced Board: 532684's board of directors are considered experienced (6.5 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Everest Kanto Cylinder Limited's employee growth, exchange listings and data sources

Key Information

  • Name: Everest Kanto Cylinder Limited
  • Ticker: 532684
  • Exchange: BSE
  • Founded: 1978
  • Industry: Metal and Glass Containers
  • Sector: Materials
  • Implied Market Cap: ₹20.152b
  • Shares outstanding: 112.21m
  • Website:

Number of Employees


  • Everest Kanto Cylinder Limited
  • 204, Raheja Centre
  • Free Press Journal Marg
  • Mumbai
  • Maharashtra
  • 400021
  • India


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/07 00:00
End of Day Share Price2022/08/05 00:00
Annual Earnings2022/03/31

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.