
About Everest Industries Limited
Data last updated:
Everest Industries Limited is a public limited company based in Nashik, Maharashtra, India, a subsidiary of Falak Investment Private Limited. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 03 April 1934 and has been in existence for over 92 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74999MH1934PLC002093. Its GSTIN is 27AAACE7550N1ZA (Maharashtra). The company holds 12 GST registrations, of which 7 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 508906 and NSE: EVERESTIND.
The company has an authorised share capital of ₹17.05 Cr and a paid-up capital of ₹15.86 Cr. It was formerly known as Asbestos Cement Limited and Everest Building Products Limited. It is led by directors including Hemant Khurana (Managing Director) and Padmini Sekhsaria.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Gat No 152 Lakhmapur Taluka Dindori, Nashik, Maharashtra, India – 422202.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,417 Cr, a decline of 17.8% compared to the previous year. For the same year it recorded a net loss of ₹87.72 Cr (net margin -6.2%) and EBITDA of -₹54.73 Cr (EBITDA margin -3.9%). The net worth stands at ₹494.51 Cr (down 17.1% YoY). Total assets are valued at ₹724.92 Cr (down 15.9% YoY).
The company has about 1,427 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Everest Industries. As per MCA filings, the company has open charges of ₹613 Cr and satisfied charges of ₹528.32 Cr on record. Court records list 576 cases involving the company, including 395 filed by the company and 181 filed against it; 111 cases are pending. The company has 29 deals on record (25 market trades, 4 secondary share transfers); the latest was in October 2022. Its 4 peer companies in the Manufacturing industry (Construction Materials), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 2 smaller; the largest is Rhi Magnesita India Limited with revenue of ₹3,700.57 Cr. The company has 24 MSME Form 1 returns on record between 2017 and 2024, listing 2,268 overdue payments to 426 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website everestind.com.
Company details
Name history
Everest Industries has undergone 3 name changes throughout its history. The company was previously known as Asbestos Cement Limited, Everest Building Products Limited, and Eternit Everest Limited. The current legal name is Everest Industries Limited.
| Company Name | Status |
|---|---|
| Everest Industries Limited | Current |
| Asbestos Cement Limited | Previous |
| Everest Building Products Limited | Previous |
| Eternit Everest Limited | Previous |
CIN history
Everest Industries has one previous CIN (Corporate Identification Number): L74999MH2004PLC002093. The current CIN is L74999MH1934PLC002093, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999MH1934PLC002093 | Current |
| L74999MH2004PLC002093 | Previous |
Contact details
Everest Industries Limited's registered office is in Nashik, Maharashtra. Its website is everestind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGat No 152 Lakhmapur Taluka Dindori, Nashik, Maharashtra, India – 422202
- IndustryManufacturing, Construction Materials
To see the full contact details of Everest Industries Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Everest Industries operates one associated brand: Everest Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Everest Industries is recognized as a leading building material manufacturer. | everestind.com |
Business activity
The main business activities of Everest Industries are manufacturing and construction. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and buildings. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Everest Industries Limited, buy the company report.
Financials of Everest Industries Limited
FY 2025-26 filings availableEverest Industries Limited reported revenue of ₹1,417 Cr (down 17.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,417 | 1,723 | 1,575 | 1,648 | 1,365 | 1,218 | 1,285 |
| Revenue growth | -17.8% | +9.4% | -4.4% | +20.7% | +12.1% | -5.3% | - |
| EBITDA | (54.73) | 29.90 | 40.97 | 67.52 | 68.96 | 112 | 42.19 |
| EBITDA margin | -3.9% | +1.7% | +2.6% | +4.1% | +5.1% | +9.2% | +3.3% |
| Profit before tax | (112) | (6.30) | 21.20 | 42.84 | 66.52 | 91.65 | 20.86 |
| Net profit | (87.72) | (23.55) | 13.27 | 42.28 | 46.46 | 56.73 | 13.86 |
| Net profit margin | -6.2% | -1.4% | +0.8% | +2.6% | +3.4% | +4.7% | +1.1% |
| EPS (₹) | (64.13) | (2.28) | 11.40 | 26.92 | 28.12 | 36.06 | 8.65 |
| Balance sheet | |||||||
| Total assets | 725 | 862 | 693 | 694 | 597 | 517 | 532 |
| Net worth | 495 | 597 | 597 | 581 | 542 | 508 | 453 |
| Total debt | 227 | 265 | 95.71 | 113 | 54.97 | 8.30 | 79.02 |
| Cash & bank | 45.04 | 10.85 | 63.53 | 14.25 | 165 | 133 | 3.44 |
| Net working capital | 131 | 265 | 164 | 273 | 177 | 99.68 | 136 |
| Cash flow | |||||||
| Cash from operations | 109 | (90.23) | 182 | (168) | 32.15 | 264 | 55.60 |
| Cash from investing | (9.80) | (58.90) | (93.22) | 40.30 | 35.62 | (140) | (25.68) |
| Cash from financing | (63.97) | 95.89 | (38.81) | 42.49 | (17.54) | (79.37) | (45.82) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 319 | 436 | 327 | 283 | 306 | 501 | 453 | 371 |
| Revenue growth (YoY) | +4.1% | -13.0% | -27.7% | -23.7% | -18.8% | -4.1% | - | - |
| Other income | 4.35 | 94.08 | 4.64 | 1.84 | 1.65 | 3.29 | 14.31 | 1.24 |
| EBITDA | 20.82 | 44.14 | (26.06) | (32.99) | (9.00) | 16.39 | 10.31 | (5.55) |
| EBITDA margin | +6.5% | +10.1% | -8.0% | -11.7% | -2.9% | +3.3% | +2.3% | -1.5% |
| Depreciation | 9.71 | 9.84 | 11.37 | 9.77 | 9.96 | 9.91 | 11.70 | 9.15 |
| Interest | 6.24 | 5.62 | 9.29 | 7.09 | 7.42 | 6.45 | 7.30 | 6.39 |
| Profit before tax | 9.22 | 123 | (42.08) | (48.01) | (24.73) | 3.32 | 5.62 | (19.85) |
| Tax | 7.15 | 20.66 | 5.09 | (10.03) | (6.58) | 1.69 | (2.02) | (4.38) |
| Net profit | 2.07 | 102 | (47.17) | (37.98) | (18.15) | 1.63 | 7.64 | (15.47) |
| EPS (₹) | 1.31 | 64.39 | (29.75) | (23.95) | (11.48) | 1.03 | 4.83 | (9.78) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,354 | 1,707 | 1,589 | 1,645 | 1,361 | 1,213 | 1,284 |
| Revenue growth | -20.7% | +7.4% | -3.4% | +20.9% | +12.2% | -5.5% | - |
| EBITDA | (79.70) | 36.02 | 44.27 | 68.53 | 69.18 | 113 | 42.41 |
| EBITDA margin | -5.9% | +2.1% | +2.8% | +4.2% | +5.1% | +9.3% | +3.3% |
| Profit before tax | (111) | 13.52 | 28.13 | 43.68 | 66.55 | 92.84 | 21.08 |
| Net profit | (57.85) | (4.31) | 18.59 | 43.12 | 46.49 | 57.92 | 14.08 |
| Net profit margin | -4.3% | -0.3% | +1.2% | +2.6% | +3.4% | +4.8% | +1.1% |
| EPS (₹) | (63.18) | 9.07 | 15.12 | 27.45 | 28.14 | 36.83 | 8.78 |
| Balance sheet | |||||||
| Total assets | 643 | 784 | 657 | 697 | 599 | 518 | 532 |
| Net worth | 523 | 623 | 606 | 584 | 544 | 510 | 453 |
| Total debt | 117 | 160 | 50.78 | 113 | 54.97 | 8.30 | 79.02 |
| Cash & bank | 43.25 | 5.69 | 44.44 | 14.15 | 164 | 133 | 2.84 |
| Net working capital | 122 | 250 | 143 | 287 | 179 | 101 | 136 |
| Cash flow | |||||||
| Cash from operations | 110 | (69.91) | 196 | (167) | 30.61 | 264 | 55.89 |
| Cash from investing | (10.41) | (7.67) | (80.59) | 40.30 | 35.62 | (140) | (25.50) |
| Cash from financing | (61.02) | 38.27 | (83.74) | 42.49 | (17.54) | (79.37) | (45.82) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 302 | 419 | 310 | 269 | 289 | 487 | 445 | 367 |
| Revenue growth (YoY) | +4.5% | -14.0% | -30.3% | -26.8% | -22.8% | -6.6% | - | - |
| Other income | 7.44 | 96.32 | 7.23 | 4.46 | 4.24 | 5.75 | 17.34 | 3.38 |
| Total expenses | 281 | 375 | 364 | 301 | 297 | 470 | 432 | 371 |
| EBITDA | 20.26 | 43.88 | (53.56) | (32.00) | (7.95) | 16.87 | 12.27 | (3.82) |
| EBITDA margin | +6.7% | +10.5% | -17.3% | -11.9% | -2.8% | +3.5% | +2.8% | -1.0% |
| Depreciation | 7.98 | 8.13 | 9.68 | 8.10 | 8.29 | 8.22 | 10.52 | 8.93 |
| Interest | 4.38 | 3.71 | 7.14 | 4.96 | 5.31 | 4.41 | 5.67 | 5.94 |
| Profit before tax | 15.34 | 128 | (63.15) | (40.60) | (17.31) | 9.99 | 13.42 | (15.31) |
| Tax | 7.14 | 20.64 | 0.38 | (8.87) | (5.25) | 2.86 | (2.25) | (3.46) |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 319 | 436 | 327 | 283 | 306 | 501 | 453 | 371 |
| Revenue growth (YoY) | +4.1% | -13.0% | -27.7% | -23.7% | -18.8% | -4.1% | - | - |
| Other income | 4.35 | 94.08 | 4.64 | 1.84 | 1.65 | 3.29 | 14.31 | 1.24 |
| EBITDA | 20.82 | 44.14 | (26.06) | (32.99) | (9.00) | 16.39 | 10.31 | (5.55) |
| EBITDA margin | +6.5% | +10.1% | -8.0% | -11.7% | -2.9% | +3.3% | +2.3% | -1.5% |
| Depreciation | 9.71 | 9.84 | 11.37 | 9.77 | 9.96 | 9.91 | 11.70 | 9.15 |
| Interest | 6.24 | 5.62 | 9.29 | 7.09 | 7.42 | 6.45 | 7.30 | 6.39 |
| Profit before tax | 9.22 | 123 | (42.08) | (48.01) | (24.73) | 3.32 | 5.62 | (19.85) |
| Tax | 7.15 | 20.66 | 5.09 | (10.03) | (6.58) | 1.69 | (2.02) | (4.38) |
| Net profit | 2.07 | 102 | (47.17) | (37.98) | (18.15) | 1.63 | 7.64 | (15.47) |
| EPS (₹) | 1.31 | 64.39 | (29.75) | (23.95) | (11.48) | 1.03 | 4.83 | (9.78) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,417 | 1,723 | 1,575 | 1,648 | 1,365 | 1,218 | 1,285 |
| Revenue growth | -17.8% | +9.4% | -4.4% | +20.7% | +12.1% | -5.3% | - |
| Other income | 14.47 | 26.29 | 25.34 | 40.60 | 29.35 | 8.88 | 9.45 |
| Total expenses | 1,472 | 1,693 | 1,534 | 1,580 | 1,296 | 1,106 | 1,243 |
| Employee cost | 162 | 168 | 154 | 150 | 130 | 110 | 117 |
| EBITDA | (54.73) | 29.90 | 40.97 | 67.52 | 68.96 | 112 | 42.19 |
| EBITDA margin | -3.9% | +1.7% | +2.6% | +4.1% | +5.1% | +9.2% | +3.3% |
| Depreciation | 41.02 | 38.93 | 32.36 | 33.78 | 28.64 | 25.31 | 23.74 |
| Interest | 30.25 | 23.56 | 12.75 | 31.50 | 3.15 | 3.90 | 7.04 |
| Profit before tax | (112) | (6.30) | 21.20 | 42.84 | 66.52 | 91.65 | 20.86 |
| Tax | (9.83) | (2.70) | 3.20 | 0.48 | 22.44 | 35.24 | 7.36 |
| Net profit | (87.72) | (23.55) | 13.27 | 42.28 | 46.46 | 56.73 | 13.86 |
| Net profit margin | -6.2% | -1.4% | +0.8% | +2.6% | +3.4% | +4.7% | +1.1% |
| EPS (₹) | (64.13) | (2.28) | 11.40 | 26.92 | 28.12 | 36.06 | 8.65 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 15.86 | 15.82 | 15.79 | 15.74 | 15.68 | 15.64 | 15.64 |
| Reserves & surplus | 479 | 581 | 582 | 566 | 527 | 493 | 437 |
| Shareholders' funds (net worth) | 495 | 597 | 597 | 581 | 542 | 508 | 453 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 129 | 163 | 44.90 | 63.59 | 0.00 | 0.00 | 71.61 |
| Unsecured loans | 98.26 | 102 | 50.81 | 49.35 | 54.97 | 8.30 | 7.41 |
| Total debt | 227 | 265 | 95.71 | 113 | 54.97 | 8.30 | 79.02 |
| Total liabilities | 725 | 862 | 693 | 694 | 597 | 517 | 532 |
| Assets | |||||||
| Gross block | 790 | 776 | 575 | 548 | 535 | 466 | 448 |
| Net block | 542 | 562 | 399 | 388 | 398 | 355 | 359 |
| Capital work in progress | 12.12 | 12.29 | 79.55 | 25.64 | 19.05 | 13.43 | 20.61 |
| Investments | 10.13 | 9.27 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 332 | 435 | 389 | 508 | 333 | 255 | 311 |
| Sundry debtors | 109 | 155 | 94.86 | 105 | 53.65 | 56.93 | 67.29 |
| Cash & bank balances | 45.04 | 10.85 | 63.53 | 14.25 | 165 | 133 | 3.44 |
| Loans & advances | 121 | 94.97 | 97.80 | 56.15 | 59.72 | 41.08 | 39.81 |
| Total current assets | 607 | 696 | 645 | 683 | 612 | 486 | 421 |
| Total current liabilities | 476 | 430 | 481 | 411 | 434 | 386 | 285 |
| Net working capital | 131 | 265 | 164 | 273 | 177 | 99.68 | 136 |
| Total assets | 725 | 862 | 693 | 694 | 597 | 517 | 532 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 9.91 | 63.15 | 12.68 | 98.06 | 47.83 | 3.02 | 18.93 |
| Net cash from operating activities | 109 | (90.23) | 182 | (168) | 32.15 | 264 | 55.60 |
| Net cash from investing activities | (9.80) | (58.90) | (93.22) | 40.30 | 35.62 | (140) | (25.68) |
| Net cash from financing activities | (63.97) | 95.89 | (38.81) | 42.49 | (17.54) | (79.37) | (45.82) |
| Net change in cash | 34.79 | (53.24) | 50.47 | (85.38) | 50.23 | 44.81 | (15.91) |
| Closing cash | 45.04 | 10.85 | 63.53 | 14.25 | 165 | 133 | 3.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -17.8% | +9.4% | -4.4% | +20.7% | +12.1% | -5.3% | - |
| EBITDA growth | -283.0% | -27.0% | -39.3% | -2.1% | -38.4% | +165.4% | - |
| PBT growth | -1670.3% | - | -50.5% | -35.6% | -27.4% | +339.4% | -74.8% |
| Net income growth | -272.5% | -277.5% | -68.6% | -9.0% | -18.1% | +309.3% | - |
| Revenue CAGR (3Y) | -4.9% | +8.1% | +9.0% | +8.6% | -1.0% | -1.4% | +3.5% |
| EBITDA CAGR (3Y) | - | -24.3% | -28.5% | +17.0% | -13.0% | +7.6% | +0.5% |
| Profitability & leverage | |||||||
| Net income margin | -7.2% | -0.2% | +1.1% | +2.6% | +3.2% | +4.6% | +1.1% |
| Return on capital employed | -8.5% | +0.8% | +3.9% | +11.5% | +12.5% | +18.2% | +5.2% |
| Return on net worth | -16.1% | -3.9% | +2.3% | +7.5% | +8.4% | +11.7% | +3.0% |
| Debt / equity | 0.45 | 0.30 | 0.18 | 0.15 | 0.06 | 0.09 | 0.19 |
| Long-term debt / equity | 0.35 | 0.23 | 0.11 | 0.08 | 0.05 | 0.06 | 0.11 |
| Interest cover | -31.59 | -260.91 | 148.08 | 93.36 | 7.81 | 4.50 | 38.16 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.81 | 2.55 | 2.80 | 3.04 | 2.73 | 2.66 | 3.02 |
| Inventory turnover | 3.69 | 4.18 | 3.51 | 3.92 | 4.64 | 4.30 | 4.02 |
| Debtors turnover | 10.76 | 13.80 | 15.75 | 20.75 | 24.68 | 19.61 | 15.43 |
| EPS (₹) | (64.13) | (2.28) | 11.40 | 26.92 | 28.12 | 36.06 | 8.65 |
| Dividend per share (₹) | 1.00 | 2.50 | 2.50 | 6.00 | 6.00 | 7.50 | 1.00 |
| Book value per share (₹) | 311.88 | 377.13 | 378.38 | 369.50 | 345.89 | 325.20 | 289.47 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 302 | 419 | 310 | 269 | 289 | 487 | 445 | 367 |
| Revenue growth (YoY) | +4.5% | -14.0% | -30.3% | -26.8% | -22.8% | -6.6% | - | - |
| Other income | 7.44 | 96.32 | 7.23 | 4.46 | 4.24 | 5.75 | 17.34 | 3.38 |
| Total expenses | 281 | 375 | 364 | 301 | 297 | 470 | 432 | 371 |
| EBITDA | 20.26 | 43.88 | (53.56) | (32.00) | (7.95) | 16.87 | 12.27 | (3.82) |
| EBITDA margin | +6.7% | +10.5% | -17.3% | -11.9% | -2.8% | +3.5% | +2.8% | -1.0% |
| Depreciation | 7.98 | 8.13 | 9.68 | 8.10 | 8.29 | 8.22 | 10.52 | 8.93 |
| Interest | 4.38 | 3.71 | 7.14 | 4.96 | 5.31 | 4.41 | 5.67 | 5.94 |
| Profit before tax | 15.34 | 128 | (63.15) | (40.60) | (17.31) | 9.99 | 13.42 | (15.31) |
| Tax | 7.14 | 20.64 | 0.38 | (8.87) | (5.25) | 2.86 | (2.25) | (3.46) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,354 | 1,707 | 1,589 | 1,645 | 1,361 | 1,213 | 1,284 |
| Revenue growth | -20.7% | +7.4% | -3.4% | +20.9% | +12.2% | -5.5% | - |
| Other income | 24.74 | 35.44 | 28.85 | 40.43 | 29.16 | 8.89 | 9.45 |
| Total expenses | 1,434 | 1,671 | 1,544 | 1,576 | 1,292 | 1,100 | 1,241 |
| Employee cost | 151 | 162 | 153 | 149 | 129 | 109 | 116 |
| EBITDA | (79.70) | 36.02 | 44.27 | 68.53 | 69.18 | 113 | 42.41 |
| EBITDA margin | -5.9% | +2.1% | +2.8% | +4.2% | +5.1% | +9.3% | +3.3% |
| Depreciation | 34.28 | 37.06 | 32.30 | 33.78 | 28.64 | 25.31 | 23.74 |
| Interest | 21.82 | 20.88 | 12.69 | 31.50 | 3.15 | 3.90 | 7.04 |
| Profit before tax | (111) | 13.52 | 28.13 | 43.68 | 66.55 | 92.84 | 21.08 |
| Tax | (10.88) | (0.82) | 4.25 | 0.48 | 22.44 | 35.24 | 7.36 |
| Net profit | (57.85) | (4.31) | 18.59 | 43.12 | 46.49 | 57.92 | 14.08 |
| Net profit margin | -4.3% | -0.3% | +1.2% | +2.6% | +3.4% | +4.8% | +1.1% |
| EPS (₹) | (63.18) | 9.07 | 15.12 | 27.45 | 28.14 | 36.83 | 8.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 15.86 | 15.82 | 15.79 | 15.74 | 15.68 | 15.64 | 15.64 |
| Reserves & surplus | 507 | 607 | 590 | 568 | 528 | 494 | 437 |
| Shareholders' funds (net worth) | 523 | 623 | 606 | 584 | 544 | 510 | 453 |
| Secured loans | 18.65 | 58.61 | 0.00 | 63.59 | 0.00 | 0.00 | 71.61 |
| Unsecured loans | 98.25 | 102 | 50.78 | 49.35 | 54.97 | 8.30 | 7.41 |
| Total debt | 117 | 160 | 50.78 | 113 | 54.97 | 8.30 | 79.02 |
| Total liabilities | 643 | 784 | 657 | 697 | 599 | 518 | 532 |
| Assets | |||||||
| Gross block | 631 | 620 | 544 | 548 | 535 | 466 | 448 |
| Net block | 392 | 407 | 368 | 388 | 398 | 355 | 359 |
| Capital work in progress | 9.52 | 9.69 | 4.19 | 13.71 | 19.05 | 13.43 | 20.61 |
| Investments | 10.14 | 9.29 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 318 | 418 | 385 | 508 | 333 | 255 | 311 |
| Sundry debtors | 111 | 159 | 98.53 | 107 | 55.88 | 58.16 | 67.89 |
| Cash & bank balances | 43.25 | 5.69 | 44.44 | 14.15 | 164 | 133 | 2.84 |
| Loans & advances | 114 | 85.18 | 85.76 | 68.03 | 59.51 | 40.55 | 39.64 |
| Total current assets | 586 | 668 | 613 | 697 | 612 | 487 | 421 |
| Total current liabilities | 465 | 418 | 470 | 410 | 433 | 385 | 285 |
| Net working capital | 122 | 250 | 143 | 287 | 179 | 101 | 136 |
| Total assets | 643 | 784 | 657 | 697 | 599 | 518 | 532 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.75 | 44.06 | 12.58 | 96.42 | 47.74 | 2.42 | 17.85 |
| Net cash from operating activities | 110 | (69.91) | 196 | (167) | 30.61 | 264 | 55.89 |
| Net cash from investing activities | (10.41) | (7.67) | (80.59) | 40.30 | 35.62 | (140) | (25.50) |
| Net cash from financing activities | (61.02) | 38.27 | (83.74) | 42.49 | (17.54) | (79.37) | (45.82) |
| Net change in cash | 38.16 | (39.31) | 31.48 | (83.85) | 48.69 | 45.32 | (15.43) |
| Closing cash | 43.25 | 5.69 | 44.44 | 14.15 | 164 | 133 | 2.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -20.7% | +7.4% | -3.4% | +20.9% | +12.2% | -5.5% | - |
| EBITDA growth | -321.3% | -18.6% | -35.4% | -0.9% | -38.9% | +166.8% | - |
| PBT growth | - | -51.9% | -35.6% | -34.4% | -28.3% | +340.4% | -75.2% |
| Net income growth | -1242.2% | -123.2% | -56.9% | -7.3% | -19.7% | +311.4% | - |
| Revenue CAGR (3Y) | -6.3% | +7.8% | +9.4% | +8.6% | -1.0% | -0.9% | +3.8% |
| EBITDA CAGR (3Y) | - | -19.6% | -26.9% | +17.4% | -13.4% | +8.0% | -0.1% |
| Profitability & leverage | |||||||
| Net income margin | -7.4% | +0.8% | +1.5% | +2.6% | +3.2% | +4.8% | +1.1% |
| Return on capital employed | -6.6% | +3.2% | +5.0% | +11.6% | +12.5% | +18.4% | +5.2% |
| Return on net worth | -10.1% | -0.7% | +3.1% | +7.7% | +8.4% | +12.0% | +3.0% |
| Debt / equity | 0.24 | 0.17 | 0.14 | 0.15 | 0.06 | 0.09 | 0.19 |
| Long-term debt / equity | 0.16 | 0.11 | 0.08 | 0.08 | 0.05 | 0.06 | 0.11 |
| Interest cover | -19.14 | -2,007.69 | 106.02 | 90.65 | 7.77 | 4.44 | 37.71 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.17 | 2.93 | 2.91 | 3.04 | 2.72 | 2.65 | 3.02 |
| Inventory turnover | 3.68 | 4.25 | 3.56 | 3.91 | 4.63 | 4.29 | 4.01 |
| Debtors turnover | 10.01 | 13.25 | 15.44 | 20.17 | 23.87 | 19.25 | 15.45 |
| EPS (₹) | (63.18) | 9.07 | 15.12 | 27.45 | 28.14 | 36.83 | 8.78 |
| Dividend per share (₹) | 1.00 | 2.50 | 2.50 | 6.00 | 6.00 | 7.50 | 1.00 |
| Book value per share (₹) | 329.85 | 393.98 | 383.76 | 371.16 | 346.92 | 326.18 | 289.71 |
To see the full year-wise statements and ratios of Everest Industries Limited, buy the company report.
Board of directors of Everest Industries Limited
Everest Industries has 7 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmini Sekhsaria | Director | 26 Feb 2019 | 7 Years 8 Months | Current |
| Anant Jaivant Talaulicar | Director | 21 Nov 2019 | 6 Years 11 Months | Current |
| Rajendra Prabhakar Chitale | Director | 23 Jan 2019 | 7 Years 9 Months | Current |
| Alok Mahinder Nanda | Director | 23 Jan 2019 | 7 Years 9 Months | Current |
| Hemant Khurana | Managing Director | 13 Sep 2025 | 1 Years 1 Months | Current |
| Bijal Tushar Ajinkya | Director | 19 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Everest Industries Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Construction Materials), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rhi Magnesita India Limited | ₹3,700.57 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Birlanu Limited | ₹3,644.7 Cr (FY 2025) | 7.0% | Hyderabad, Telangana, India | |||
| Aparna Enterprises Limited | ₹1,668.55 Cr (FY 2025) | 6.0% | Hyderabad, Telangana, India | |||
| Visaka Industries Ltd. | ₹1,551.44 Cr (FY 2025) | 1.0% | Secunderabad, Telangana, India | |||
| Everest Industries Limitedthis company | ₹1,417 Cr (FY 2026) | -₹87.72 Cr | -6.2% | -17.8% | 1,427 | Nashik, Maharashtra, India |
To see the full peer comparison of Everest Industries Limited, buy the company report.
Auditor
Everest Industries Limited is audited by S R B C & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & Co. LLP | FY 2023 | 324982E/E300003 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 50.20%, foreign institutional investors hold 10.10%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 39.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 50.20% | 50.20% | 50.20% | 50.20% |
| Public | 49.80% | 49.80% | 49.80% | 49.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2011 | 10303259 | Others | ₹85 Cr | Open | |
| 05 Nov 2008 | 10133157 | Hdfc Bank Limited | ₹150 Cr | Open | |
| 18 Oct 2008 | 10127596 | Others | ₹98 Cr | Open | |
| 10 Dec 2007 | 10080917 | Others | ₹170 Cr | Open | |
| 07 Jul 2006 | 10011604 | Axis Bank Limited | ₹60 Cr | Open |
To see the full charge records of Everest Industries Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Everest Industries Limited has 29 deals on record (25 market trades, 4 secondary share transfers); the latest was in October 2022.
Deals on record (5 of 29)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Market trade | ₹5.33 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Mar 2020 | Market trade | ₹1.84 Cr | Buyer: Falak Investment Private Limited Seller: Trapu Cans Pvt Ltd |
| Nov 2019 | Market trade | ₹19.24 Cr | Buyer: Falak Investment Private Limited Seller: Hdfc Mutual Fund |
| Feb 2017 | Market trade | ₹15.16 Cr | Buyer: Icici Lombard General Insurance Company Limited Seller: Sbi Mutual Fund |
| Mar 2010 | Market trade | ₹1.44 Cr | Seller: M M Murarka Share & Seecurities Pvt Ltd |
To see the full deal history of Everest Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Everest Industries Limited has 576 court cases on record: 395 filed by Everest Industries, 181 filed against it. 111 cases are pending and 465 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 334 | 95 | 91 |
| District courts | 205 | 74 | 14 |
| Supreme Court | 37 | 12 | 6 |
Cases on record (5 of 576)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0905-Civil Law : Any matter arising out of Civil suit/proceedings, which is not covered in any of the above categories) | Filed against the company by Lok Housing and Construction Ltd. | Pending |
| Supreme Court | Court case (0901-Civil Law : SLPs arising out of interlocutory applications in civil proceedings, amendment of pleadings, time limits for pleadings, interim injunction, addition/deletion of parties, etc.) | Filed against the company by M/S Jaydeep Developers | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Woodkraft India Private Limited and 2 others | Pending |
| District court, CHAMRAJNAGAR, Karnataka | Civil suit | Filed against the company by Everest Buildpro Private Ltd. Represeted by Manager Akhilesh Kumar | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Woodkraft India Private Limited | Disposed |
To see the full case history of Everest Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Everest Industries Limited was last rated by Icra on 25 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 25 Feb 2022 |
To see the full credit ratings and regulatory alerts of Everest Industries Limited, buy the company report.
MSME payment delays
Everest Industries Limited has 24 MSME Form 1 returns on record between 2017 and 2024, listing 2,268 overdue payments to 426 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 426)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gujarat Environmental Protection Se | |||
| Pioneer Hospitality Services | |||
| Ketty Apparels India Private Limited | |||
| an individual supplier | |||
| Distil Education & Technology Private Limited |
To see the full MSME payment records of Everest Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Everest Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Everest Buildpro Private Limited | U16212MH2023PTC399999 |
To see the full group structure of Everest Industries Limited, buy the company report.
Employees & EPFO
Everest Industries Limited has a workforce of 1,427 employees on its EPFO records as of Apr 06, 2024, across 8 active EPFO establishments.
GST
Everest Industries has 12 GST registrations: 7 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE7550N1ZA | Maharashtra | Active | 01 Jul 2017 |
| 09AAACE7550N1Z8 | Uttar Pradesh | Active | 01 Jul 2017 |
| 20AAACE7550N2ZN | Jharkhand | Active | 01 Jul 2017 |
| 23AAACE7550N1ZI | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Everest Industries Limited, buy the company report.
Recent activity
Everest Industries Limited has 43 board changes on record since 1999: 26 appointments and 17 cessations. The latest: Hemant Khurana was appointed as Managing Director on 13 Sep 2025.
78 earlier events are in the company report.
News
Frequently asked questions
Everest Industries is an active public limited company based in Nashik, Maharashtra, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 03 April 1934 (92+ years old) and is registered under CIN L74999MH1934PLC002093. Listed on BSE: 508906 and NSE: EVERESTIND.
Everest Industries reported revenue of ₹1,417 Cr for FY 2025-26 (down 17.8% YoY) based on consolidated financials.
Everest Industries has 7 current directors:
- Hemant Khurana - Managing Director
- Padmini Sekhsaria - Director
- Anant Jaivant Talaulicar - Director
- Rajendra Prabhakar Chitale - Director
- Alok Mahinder Nanda - Director
- Bijal Tushar Ajinkya - Director
- Ashok Kumar Barat - Director
The latest financial statements of Everest Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Everest Industries is 27AAACE7550N1ZA, registered in Maharashtra. The company has 12 GST registrations in all, of which 7 are active and 5 are cancelled or inactive. Other active GSTINs include 09AAACE7550N1Z8 (Uttar Pradesh), 20AAACE7550N2ZN (Jharkhand), 23AAACE7550N1ZI (Madhya Pradesh).
The CIN (Corporate Identification Number) of Everest Industries is L74999MH1934PLC002093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Everest Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 508906) and NSE (symbol: EVERESTIND).
Everest Industries has 576 court cases on record: 395 filed by the company and 181 filed against it. 111 are pending. Most are in the high courts.
Everest Industries was incorporated on 03 April 1934, making it 92+ years old. It is registered with the Registrar of Companies, Mumbai.
Everest Industries has 29 deals on record (25 market trades, 4 secondary share transfers); the latest was in October 2022.
The peers of Everest Industries by revenue are Rhi Magnesita India Limited, Birlanu Limited, Aparna Enterprises Limited, Visaka Industries Ltd, all in the Manufacturing industry (Construction Materials), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Hemant Khurana was appointed as Managing Director on 13 Sep 2025. Rajesh Arvind Joshi ceased to be Managing Director on 12 Sep 2025. Rajesh Gagrani was appointed as CFO on 12 Jun 2025. Everest Industries has 43 board changes on record in total.

