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Everest Kanto Cylinder Ltd Q2FY23 consolidated net profit falls to Rs. 18.50 crores #EverestKantoCylinder #Q2FY23 #H1FY23 #ResultUpdate
Everest Kanto Cylinder Ltd.: Result has declined #ResultUpdate #nse #bse #nirmalbang #Q2FY2023 #quarterlyresults #StockMarket #StockMarketindia #EKC
#EKC EVEREST KANTO CYLINDER RESULT
Visesh Infotecnics Ltd Smartlink Holdings Ltd Genus Prime Infra Ltd Jindal Photo Ltd Pondy Oxides & Chemicals Ltd Facor Alloys Ltd PBA Infrastructure Ltd Everest Kanto Cylinder Ltd Celebrity Fashions Ltd Sadbhav Engineering Ltd Prime Focus Ltd Autoline Industries Ltd
Everest Kanto Cylinder Ltd.: Result has declined #ResultUpdate #nse #bse #nirmalbang #Q1FY2023 #quarterlyresults #StockMarket #StockMarketindia #everestkantocylinder
#EKC EVEREST KANTO CYLINDER RESULT
Everest Kanto cylinder #EKC IDBI cap initiates with TP 254rs Leading mfr of seamless steel gas cylinder in India-mkt share of 50% Rising number of CNG cars To become net debt free in 2yrs Strong return ratios Overseas subsidiaries turning around Capex: 0.9mn to 1.8mn 300cr
Everest Kanto cylinder #EKC FY22: D/E at 0.1x vs 0.8x in 5yrs D/EBITDA at 0.1x vs 4.5x in 5yrs RoCE 37.4% RoE 34% Int coverage 34x Rev 1699cr vs 949cr EBITDA 392cr vs 173cr OPM 23% vs 18% PAT 265cr vs 95cr Capex: New capacity in Q2 will take care of H2 volumes growth
Everest Kanto cylinder #EKC Ticking all right boxes☑️ Significant deleveraging done OCF improved Big improvement in WC days Record FY22 Subsidiaries turnaround n sustaining Phase 2 expansion to contribute from H2 +1lakh cylinder 15% volume growth 22-24% OPM Solid CNG demand
Everest Kanto cylinder #EKC Record FY22 All-time high rev, EBITDA, PBT n PAT RoCE 37.4% Capex: 6lakh cylinders in India 2.4lakh in Europe Almost doubling the capacity Phase 2 from q2fy23 100cr rev/ann FY22: Rev 1699cr EBITDA 392cr PAT 265cr vs 92cr D/E 0.1x Int coverage 33x
EVEREST KANTO CYLINDER LTD:CO APPROVED DIVIDEND 0.70 RUPEES PER SHARE EVEREST KANTO CYLINDER: Q4 SL NET PROFIT 667M RUPEES VS 251M (YOY); 493M (QOQ)||Q4 REVENUE 3.71B RUPEES VS 2.3B (YOY); 3.5B (QOQ)
#EKC EVEREST KANTO CYLINDER RESULT
Everest Kanto cylinder #EKC Fantastic q4fy22 Amazing growth momentum continues n keeps getting better every quarter Rev 486cr vs 286cr PBT 90cr vs 30cr Q3 PBT at 87cr PAT at 65cr vs 4cr EPS 5.8rs vs 0.4re FY22 EPS at 24rs vs 8rs👌 6.8x trailing p/e OCF 165cr vs 84cr up 2x
Everest Kanto Cylinder freezes at 5% upper circuit on JV for cylinder manufacturing in MENA
Everest Kanto Cylinder freezes at 5% upper circuit on JV for cylinder manufacturing in MENA
Everest Kanto cylinder #EKC Strong business momentum Order book solid for 6-9mnths Extra 1,00,000 cylinder capacity by July To do 1500-1600cr rev for fy22 22-24% margin guidance Fy23: 1800-2000cr rev with similar margin Fy25-2x capacity To track closely: OCF Dividend policy
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