Everest Kanto Cylinder Limited reported a 50.1% year-on-year increase in consolidated net profit to ₹146.7 crore for the financial year ended March 31, 2026, compared to ₹97.7 crore in the previous year. Profitability improved significantly due to favourable product mix, improved realisations, and continued cost discipline. The company's Board of Directors recommended a final dividend of ₹0.70 per equity share for FY26, subject to shareholder approval.

FY26 Financial Performance

The company's revenue from operations for FY26 stood at ₹1,470.6 crore, a marginal decline from ₹1,499.2 crore in FY25. EBITDA for the year rose 15.7% to ₹203 crore, with margins expanding to 13.8% from 11.7% in the previous year. Profit before tax increased by 22.6% to ₹159.9 crore. Earnings per share (EPS) for the year improved to ₹13.09 from ₹8.73 in the corresponding period last year.

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

Q4 FY26 Results

For the fourth quarter ended March 31, 2026, the company reported a consolidated net profit of ₹45.7 crore, a sharp increase of 244.4% from ₹13.3 crore in the same period last year. Revenue for the quarter declined to ₹358.2 crore from ₹422.1 crore in Q4 FY25. EBITDA for the quarter stood at ₹39.6 crore compared to ₹37.9 crore in the corresponding quarter of the previous year. The EBITDA margin expanded to 11.1% from 9.0% in the corresponding quarter of the previous year, reflecting improved operational efficiency.

The following table summarises the key Q4 financial metrics:

Business Updates and Outlook

Management highlighted strong demand across CNG and industrial gas applications in India, with traction in higher value-added segments such as semiconductors and defence. The US business maintained steady momentum with an order book of $75 million executable over 18 to 24 months. The company successfully commenced operations at its greenfield Mundra facility, while the Egypt facility is expected to commence operations shortly. Management indicated that the Dubai business, currently operating at around 50% capacity, is expected to improve this year despite geopolitical challenges.

Board Decisions and Dividend

The Board recommended a final dividend of ₹0.70 per share on a face value of ₹2 per share for FY26. The record date for the dividend will be announced later. The Board also approved the appointment of Mr. N. P. Gupta as Chief Executive Officer effective July 1, 2026.

Earnings Conference Call

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the transcript of the earnings conference call held on June 3, 2026, regarding the audited financial results for Q4 and FY26, is available on the company's website.

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.