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1D
1W
1M
1Y
3Y
5Y
Max
Open340.95
High341.75
Low324
Prev. Close343.95
Avg. Traded Price328.97
Volume14,683

MARKET DEPTH

info2
Total bid11887.00
Total ask6433.00
OrdersQtyBid
12327.9
110327.8
150327.7
11327.55
17327.5
AskQtyOrders
329.313
329.35110
329.4515
329.611
329.911

HIGH/LOW

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1d
1w
1m
3m
52w

LOW/HIGH

324.00an hour ago
341.755 hours ago
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LOWER/UPPER CIRCUITS

275.20
412.70
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Everest Industries Ltd Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral
noteAnnual Revenue,rose 9.06%, in the last year to ₹1,737.48 Cr. Its sector's average revenue growth for the last fiscal year was 7.52%.
noteInterest Coverage Ratio,is 1.89, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
noteDebt to Equity Ratio,of 0.27 is less than 1 and healthy. This implies that its assets are financed mainly through equity.
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LONG-TERM PRICE ANALYSIS

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Stock return5Y CAGR : 17.48%
Net profit growth 5Y CAGR : -21.88%

About Everest Industries Limited

Everest Industries Limited is one of India’s most established names in the building materials and construction solutions sector, with a legacy dating back to 1934, when it was incorporated as The Asbestos Cement Ltd.—the first company in India to manufacture fibre cement roofing sheets. The company was renamed Everest Industries Limited in 1994, marking its evolution from a roofing specialist to a diversified provider of boards, panels, pre-engineered steel buildings (PEB), and other modern building materials catering to residential, commercial, and industrial segments.

 

Today, Everest manufactures and trades in roofing products, fibre cement boards and panels, accessories, and components for pre-engineered steel buildings, offering a full suite of sustainable and innovative building solutions.

 

Scale and Market Presence

  • Manufacturing Footprint: 8 plants across India.
  • Distribution Network: 13,000+ dealer outlets.
  • Geographic Reach: Operations across 28 states and 8 union territories in India, with exports to 18 countries.
  • Global Presence: Products supplied to over 35 countries worldwide.

Everest serves customers across rural, semi-urban, and urban India, supported by a nationwide depot and dealer network, while maintaining a growing international footprint.

 

Product Portfolio

The company’s portfolio encompasses a broad range of fibre cement and steel-based construction materials, including:

  • Fibre Cement Boards and Panels: For walls, ceilings, flooring, and cladding.
  • Pre-Engineered Steel Buildings (PEB): Tailored structures for industrial and commercial applications.
  • Smart Construction Materials: Innovative, energy-efficient, and environment-friendly products.

Recent innovations include:

  • Everest DuraPro: A high-performance exterior-grade board with cross-mesh technology for enhanced durability.
  • Everest SuperHD: An A1 fire-rated high-density fibre cement board for superior fire resistance.
  • Everest Rapicon Walls: Upgraded for faster installation, improved sound insulation, and enhanced fire rating.
  • Everest Evercool: A cool-roof solution designed for Indian climatic conditions, now rolled out pan-India.

 

Corporate and Operational Milestones

Year/PeriodMilestone
1938Commissioned first plant at Kymore
1953Expanded to Coimbatore
2002Entered Boards & Panels segment
2006Launched Pre-Engineered Buildings (PEB) division
2012Commissioned Dahej steel buildings facility
2016Strengthened distribution beyond metros
2023Expanded footprint to 35+ countries
2024Commissioned Mysore plant in record time – panels in 10 months, boards in 13 months

As of March 31, 2025, the company had four subsidiaries, forming a consolidated group structure supporting its operations and growth initiatives.

Business Segments and Revenue Mix

SegmentShare of Turnover (FY 2024–25, Standalone)
Building Products64%
Steel Buildings36%

Geographic Split (Standalone):

  • Domestic: 98.37%
  • Exports: 1.63%

Key Management

  • Anant Talaulicar – Non-Executive Chairman & Independent Director
  • Padmini Sekhsaria – Vice Chairperson
  • Rajesh Joshi – Managing Director & CEO (resigned effective September 12, 2025)
  • Rajesh Gagrani – Chief Financial Officer
  • Amruta Avasare – Company Secretary

(Post year-end update: Hemant Khurana proposed as Managing Director & CEO from September 13, 2025, for a three-year term.)

 

Latest Developments (FY 2024–25)

1. Governance and Board Updates

  • Independent Director M. L. Gupta completed his tenure on September 30, 2024.
  • Anant Talaulicar was re-appointed as Non-Executive Independent Director (Chairman) for a second five-year term (November 21, 2024 – November 20, 2029).
  • Rajesh Joshi resigned as MD & CEO effective September 12, 2025; Hemant Khurana nominated as successor.

2. Product Innovations and Launches

  • Introduced DuraPro, a next-generation high-performance exterior-grade board.
  • Expanded ceiling portfolio to eight new designs, catering to modern interior trends.
  • Reinforced the SuperHD range and upgraded Rapicon Walls for enhanced fire and sound performance.
  • Rolled out Everest Evercool, a certified cool-roof solution across India.

3. Operational Achievements

  • PEB Division achieved its highest-ever revenue in FY 2024–25, driven by robust industrial demand.

Mysore Plant commissioned in record time—panels produced within 10 months and boards within 13 months, underscoring execution strength.

 

Note: This profile is based on information from Everest Industries Limited’s Annual Report and Business Responsibility & Sustainability Report (BRSR) for FY 2024–25.

 

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Frequently Asked Questions

Everest Industries manufactures and trades roofing products, fibre cement boards and panels, building accessories, and components for pre-engineered steel buildings. Its products cater to walls, ceilings, flooring, cladding, and industrial building solutions.

The Company operates eight manufacturing plants across India and maintains a network of 13,000+ dealers, with a presence in 28 states, 8 union territories, and exports to 18 countries (as per the BRSR).

In FY 2024–25 (Standalone): Building Products: 64% of turnover Steel Buildings: 36% of turnover Exports: 1.63% of total revenue, with the remainder from domestic markets.