StockWatch
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Industrial Products
Quarterly Result17 Aug 2026, 02:17 pm

Everest Kanto Cylinder Q1 FY27 PAT ₹30 Cr, Revenue ₹346 Cr

AI Summary

Everest Kanto Cylinder Ltd reported unaudited financial results for the quarter ended June 30, 2026. Consolidated revenue from operations stood at ₹346 crore, a decrease from ₹387 crore in Q1 FY26. EBITDA was ₹47 crore with a margin of 14%, down from ₹61 crore and 16% respectively in the prior year. Profit After Tax (PAT) was ₹30 crore, a significant drop from ₹52 crore in Q1 FY26. The prior year's PAT included an exceptional gain of ₹12.6 crore from a US subsidiary. Standalone revenue was ₹203 crore, down from ₹237 crore, with PAT at ₹22 crore compared to ₹26 crore in Q1 FY26. The company highlighted healthy underlying demand in India but noted temporary operating constraints and subdued international performance. They are focusing on higher-value applications and expanding manufacturing capabilities.

Key Highlights

  • Consolidated revenue declined to ₹346 Cr in Q1 FY27 from ₹387 Cr in Q1 FY26.
  • PAT decreased to ₹30 Cr in Q1 FY27, impacted by prior year's exceptional gain.
  • Standalone revenue was ₹203 Cr, with PAT at ₹22 Cr for the quarter.
  • Company sees healthy demand but faced temporary operating constraints.
  • Focus remains on higher-value applications and capacity expansion.