EVEREST KANTO CYLINDER LTD.

Everest Kanto Cylinder Ltd has announced the appointment of Mr. Narender Prasad Gupta as its new Chief Executive Officer (CEO) and Key Managerial Personnel (KMP). The appointment is effective from July 1, 2026. Mr. Gupta brings over 25 years of experience in the automotive and manufacturing industries, with a strong background in business strategy, operations management, and supply chain optimization. He has held senior leadership positions at companies like Jamna Auto Industries and Hero Motors Company, and has received industry recognition, including being named among the Top 10 Indian Manufacturing CEOs by CEO Insights in 2024. The company has provided detailed information about his appointment as per SEBI Listing Regulations.

Everest Kanto Cylinder Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Insider Trading Code. The trading window will be shut for all designated persons and their immediate relatives from July 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. The specific date for the board meeting to approve these results will be communicated later.

Everest Kanto Cylinder Ltd has submitted its reply to a Volume Movement Letter from the stock exchange. The company asserts its compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, stating that it has promptly disclosed all material information, including price-sensitive events. The company confirmed that, apart from previously disclosed information, there are no other events or information that could impact the scrip's price or volume movement.

Everest Kanto Cylinder Ltd reported audited financial results for the quarter and year ended March 31, 2026. Consolidated revenue stood at ₹1,470.6 Cr, a slight decrease of 1.9% YoY. EBITDA increased by 15.7% YoY to ₹203.0 Cr, with an EBITDA margin of 13.8%. Profit After Tax (PAT) saw a significant rise of 50.1% YoY, reaching ₹146.7 Cr. The company's board recommended a dividend of ₹0.70 per share. The Mundra facility has commenced operations, and the Egypt facility is nearing commissioning.

Everest Kanto Cylinder Ltd's Board approved audited financial statements (standalone and consolidated) for the year ended March 31, 2026. A final dividend of ₹0.70 per share (35% on face value of ₹2) was recommended, subject to shareholder approval. Mr. N. P. Gupta was appointed as CEO, effective July 1, 2026. The Statutory Auditors, M/s. Suresh Surana & Associates LLP, issued unmodified audit reports. The board meeting commenced at 2:00 p.m. and concluded at 4:21 p.m.

Everest Kanto Cylinder Ltd's board approved audited financial results for the quarter and year ended March 31, 2026. They recommended a final dividend of ₹0.70 per share (35% on face value of ₹2) for FY26, subject to shareholder approval. The board also approved the appointment of Mr. N. P. Gupta as CEO, effective July 1, 2026. The Statutory Auditors, M/s. Suresh Surana & Associates LLP, issued unmodified opinions on the audited financial results.

Everest Kanto Cylinder Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a dividend, if any, for the financial year 2025-26. The trading window remains closed until 48 hours after the declaration of the financial results.

Everest Kanto Cylinder Ltd has announced the closure of its trading window for all Designated Persons and their immediate relatives, in compliance with SEBI regulations and the company's Insider Trading Code. The trading window will remain closed from April 1, 2026 until 48 hours after the declaration of the audited financial results for the quarter and year ending on March 31, 2026. The date of the Board Meeting for approval of the audited financial results will be intimated later.

Everest Kanto Cylinder Ltd has appointed Mr. Amitkumar C. Choksi as the new Head HR, effective from March 26, 2026. Mr. Choksi is a commerce and law graduate from Gujarat University and has a Masters in Social Work from Sardar Patel University. He brings over 25 years of experience in talent management, employee experience, performance management, and skill gap analysis. He has previously worked with Amul, Hindustan Unilever Limited, Kohler, Gujarat Fluorochemicals Limited, Quaker Chemical, and R. N. Laboratories.

Everest Kanto Cylinder Limited, a clean energy solutions company and a leading global manufacturer of seamless steel gas cylinders, has announced its financial results for the quarter ended December 31, 2025. The company reported consolidated revenues of Rs. 365.1 crore, an increase in EBITDA by 48.4% to Rs. 59.2 crore, and a significant growth in PAT by 98.9% to Rs. 35.7 crore. The standalone financials also showed robust growth with EBITDA increasing by 56.2% to Rs. 57.0 crore and PAT growing by 57.6% to Rs. 36.0 crore. The company's India operations remained the primary contributor to overall performance, supported by healthy demand across CNG and industrial applications. In the US, performance continues to reflect the order-driven nature of the business, with healthy progress on a year-to-date basis supported by a strong order pipeline. The company has approved a capex of USD 5.5 million to enhance capabilities in the US and a capex of Rs. 30 crore to strengthen capabilities and enhance operational readiness at the Mundra facility. The company has also commenced operations on one production line at the Mundra facility, with the remaining two lines expected to be established over the coming months. The Egypt facility is progressing steadily towards the commencement of operations, which will expand the company's global manufacturing footprint.