Everest Kanto Cylinder Limited reported a 50% year-on-year increase in consolidated net profit to ₹1,467 crore for the financial year ended March 31, 2026, compared to ₹977 crore in the previous year. The company's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, and recommended a final dividend of ₹0.70 per equity share, subject to shareholder approval at the upcoming Annual General Meeting. Additionally, the Board approved the appointment of Mr. N. P. Gupta as Chief Executive Officer effective July 1, 2026.

FY26 Financial Performance

The company's revenue from operations for FY26 stood at ₹14,706 crore, a marginal decline from ₹14,992 crore in FY25. However, profitability improved significantly due to operational efficiencies and a reduction in finance costs. Profit before tax for the year rose to ₹1,596 crore from ₹1,239 crore in the previous year. Earnings per share (EPS) for the year increased to ₹13.09 from ₹8.73 in the corresponding period last year.

The following table summarises the key financial metrics for the year:

Q4FY26 Results

For the fourth quarter ended March 31, 2026, the company reported a consolidated net profit of ₹459 crore, a sharp increase from ₹133 crore in the same period last year. Revenue for the quarter declined to ₹3,582 crore from ₹4,221 crore in Q4FY25. The EBITDA margin expanded to 11.06% from 8.98% in the corresponding quarter of the previous year, reflecting improved operational efficiency.

Board Decisions and Dividend

The Board, based on the recommendation of the Audit Committee, approved the audited standalone and consolidated financial statements for the year ended March 31, 2026. A final dividend of ₹0.70 per share on a face value of ₹2 per share (35%) was recommended for FY26. The record date for the dividend will be announced later. The Board also approved the appointment of Mr. N. P. Gupta as CEO, effective July 1, 2026, with further details to be communicated upon his joining.

Auditor's Report

M/s. Suresh Surana & Associates LLP, the statutory auditors, issued an audit report with an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026. The report was submitted pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Everest Kanto Cylinder Limited has informed the stock exchanges of a scheduled Board of Directors meeting on Friday, May 29, 2026. The intimation, dated May 16, 2026, has been filed in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The upcoming board meeting has been convened to address key financial and corporate matters. The following items are on the agenda:

Trading Window Closure

In accordance with the company's Code of Conduct, as communicated vide its letter dated March 30, 2026, the trading window for dealing in securities of the company will remain closed for all Designated Persons (as defined in the said code). The closure will continue until the conclusion of 48 hours after the declaration of financial results to the stock exchanges on May 29, 2026.

Regulatory Compliance

The intimation has been submitted to both BSE Limited and the National Stock Exchange of India Limited as part of the company's disclosure obligations under applicable SEBI regulations. A copy of this intimation has also been made available on the company's website at www.everestkanto.com under the investor section. The filing was signed by Vishal Totla, Company Secretary and Compliance Officer of Everest Kanto Cylinder Limited.