Everest Industries
585.45
+5.20(+0.90%)
Market Cap₹928.30 Cr
PE Ratio-37.98
IndustryConstruction
Company Performance:
1D+0.90%
1M-13.03%
6M+28.21%
1Y-42.97%
5Y+156.16%
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More news about Everest Industries
29Aug 25
Everest Industries to Sell 23.32 Acres in Podanur for ₹133.86 Crore
Everest Industries Limited has received approval to sell 23.32 acres of land in Podanur to G Square Realtors for ₹133.86 crore. An initial payment of ₹7.00 crore has been received, with the sale deed expected to be completed within four months. This strategic move could provide Everest Industries with additional liquidity for various corporate purposes.
05Aug 25
Everest Industries Revises Enerparc Solar Investment Stake to 2.43%, Aims for Renewable Energy Boost
Everest Industries Limited has revised its shareholding in Enerparc Solar Power 10 Private Limited from 5.31% to 2.43%, correcting a typographical error. The company is investing Rs. 1.07 crores to acquire 10,65,000 equity shares at Rs. 10 per share. This investment aims to secure 3 MWp of solar power for Everest Industries' Podanur Plant in Coimbatore, Tamil Nadu. The acquisition is expected to be completed by November 30 and does not require specific governmental or regulatory approvals.
04Aug 25
Everest Industries Invests Rs 1.065 Crore in Solar Power Venture for Renewable Energy Access
Everest Industries Limited has announced a strategic investment of Rs 1.065 crore in Enerparc Solar Power 10 Private Limited, acquiring a 5.31% equity stake. This investment will allow Everest Industries to utilize 3 MWp of solar power for its Podanur Plant in Coimbatore under a group captive policy. The company will acquire 10,65,000 equity shares at Rs 10 per share, with the transaction expected to be completed by November 30, 2025. This move aligns with Everest Industries' efforts to increase its use of renewable energy in Tamil Nadu.
04Aug 25
Everest Industries Appoints New MD & CEO, Reports Q1 Results
Everest Industries has appointed Hemant Khurana as the new MD & CEO, effective September 13, 2025. The company's Q1 FY2026 results show a decline in revenue and profitability compared to Q1 FY2025. Revenue from operations decreased by 6.58% to ₹48,679.59 lakhs, while profit after tax fell by 62.53% to ₹712.83 lakhs. The building products segment performed better than the steel buildings segment. Additionally, the company plans to invest ₹1.07 crores in Enerparc Solar Power 10 Private Limited for a 5.31% stake to avail solar power for its Podanur Plant.
04Aug 25
Everest Industries Posts Q1 Profit of Rs 719.84 Crore, Revenue Up 6.5%
Everest Industries Limited, a leading building solutions company, reported robust Q1 results. Standalone revenue increased by 6.5% to Rs 486.80 crore, with total income rising to Rs 492.55 crore. The company posted a standalone profit of Rs 719.84 crore and EPS of Rs 4.51. On a consolidated basis, revenue reached Rs 500.72 crore with a profit of Rs 163.46 crore. The Building Products segment generated Rs 356.87 crore, while Steel Buildings contributed Rs 129.92 crore. The Board approved the appointment of Mr. Hemant Khurana as the new Managing Director & CEO, effective September 13, 2025.
19May 25
Everest Industries Reports Mixed Q4 Results, Recommends Dividend
Everest Industries Ltd. reported a 5.35% year-over-year increase in Q4 revenue to ₹4.53 billion. However, EBITDA decreased to ₹103.10 million from ₹146.50 million, with EBITDA margin contracting to 2.28%. The company reported a loss before tax of ₹21.70 million. Despite challenges, net profit rose to ₹76.40 million, up from ₹54.00 million year-over-year. The board recommended a final dividend of ₹2.50 per equity share.
24Mar 25
Everest Industries Postpones South India Steel Buildings Facility to FY 2025-26
Everest Industries Ltd. has postponed the establishment of its new steel buildings manufacturing facility in South India from FY 2024-25 to FY 2025-26. This delay may temporarily impact the company's market expansion, production capacity, and competitive position in the region. Despite the setback, Everest Industries remains committed to its long-term growth strategy in South India.
21Mar 25
Everest Industries Pushes Back New Steel Buildings Facility to FY 2025-26
Everest Industries Limited has postponed the establishment of its new steel buildings manufacturing facility in South India from FY 2024-25 to FY 2025-26. The facility, to be set up through its wholly-owned subsidiary Everest Steel Building Private Limited (ESBPL) in R. Ananthpuram, faces a significant delay. Despite this, the company plans to begin land development activities soon. The postponement may impact the company's capacity expansion plans and its ability to meet demand in the South Indian market. Simultaneously, Everest Industries announced the closure of its trading window for designated persons from April 1, 2025, until 48 hours after the board meeting for approving FY 2024-25 financial results.
27Feb 25
Everest Industries' Subsidiary to Invest ₹138 Crore in New Fibre Cement Plant in Assam
Everest Industries Limited's subsidiary has approved a ₹138 crore capital expenditure for a new fibre cement boards manufacturing plant in Assam, marking the company's entry into India's northeastern region. This strategic expansion aligns with the company's growth plans and recent financial trends, including a 276.05% increase in capital expenditure to ₹125.6 crore in FY 2024. The company's total assets grew by 5.95% to ₹1,199 crore, with a positive net cash flow of ₹50.5 crore, supporting its expansion capabilities.
25Feb 25
Everest Industries' Subsidiary Approves ₹138 Crore Investment for New Fibre Cement Board Plant in Assam
Everest Industries' subsidiary, Everest Buildpro Private Limited, has received approval for a ₹138 crore capital expenditure to establish a new fibre cement board manufacturing plant in Assam. The facility will have a production capacity of 72,000 MTPA and will be implemented in two phases, with completion expected by April 2031. This expansion aims to cater to the growing demand in Northeast India, strengthen the company's pan-India presence, and increase its total board production capacity. The project will be funded through equity and debt, supported by an MoU with the Assam government.
Everest Industries
585.45
+5.20
(+0.90%)
1 Year Returns:-42.97%
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