Everest Kanto Cylinder's Q1 FY 2025-26 Quarterly Results

Result Summary

• Everest Kanto Cylinder Ltd reported a 20.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 13.5%.
• Its expenses for the quarter were up by 10.5% QoQ and 8.5% YoY.
• The net profit increased 293.4% QoQ and increased 84.9% YoY.
• The earnings per share (EPS) of Everest Kanto Cylinder Ltd stood at 4.6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Everest Kanto Cylinder Ltd is a renowned player in the manufacturing industry, specializing in the production of high-pressure cylinders. These cylinders are primarily used for industrial applications, including but not limited to, gas storage, medical applications, and fire safety. The company operates in a dynamic industry that serves a diverse range of sectors requiring efficient and reliable gas containment solutions. While specific recent developments about the company are not detailed here, it is important to note that Everest Kanto Cylinder Ltd has a significant presence in both domestic and international markets, contributing to its strategic growth.

Revenue

The revenue for Everest Kanto Cylinder Ltd in Q1FY26 was ₹392.97 crores, showing a substantial increase compared to the previous quarter (Q4FY25) at ₹326.46 crores and the same quarter last year (Q1FY25) at ₹346.37 crores. The quarter-over-quarter (QoQ) growth rate was 20.4%, while the year-over-year (YoY) growth rate stood at 13.5%. This data indicates an upward trend in revenue generation for the company. Such growth reflects the firm's ability to enhance its sales performance over both short-term and long-term periods.

Profitability

In Q1FY26, Everest Kanto Cylinder Ltd reported a Profit Before Tax (PBT) of ₹65.43 crores, up significantly from ₹16.56 crores in Q4FY25 and ₹32.87 crores in Q1FY25. The QoQ increase was a remarkable 295.1%, while the YoY increase was 99.1%. The Profit After Tax (PAT) for the same quarter was ₹51.58 crores, compared to ₹13.11 crores in Q4FY25 and ₹27.90 crores in Q1FY25, showcasing a 293.4% QoQ growth and an 84.9% YoY growth. The Earnings Per Share (EPS) also rose to ₹4.60 from ₹1.30 in the previous quarter and ₹2.50 in the corresponding quarter of the previous year, marking a 253.8% QoQ and 84.0% YoY growth. These figures demonstrate a noteworthy improvement in the company's profitability metrics over the periods analyzed.

Operating Metrics

The total expenses for Everest Kanto Cylinder Ltd in Q1FY26 amounted to ₹340.17 crores, which was an increase from ₹307.73 crores in Q4FY25 and ₹313.50 crores in Q1FY25. The QoQ growth in expenses was 10.5%, and YoY growth was 8.5%. The tax expense increased to ₹13.85 crores from ₹3.45 crores in the previous quarter and ₹4.97 crores in the same quarter of the previous year, representing a 301.4% QoQ rise and a 178.7% YoY increase. These operational metrics highlight the company's cost management and tax obligations over the quarters.

The analysis of these figures indicates a robust financial performance with significant growth in income, profitability, and operational expenses, reflecting the company's strategic financial management and market positioning.