Everest Kanto Cylinder Ltd (NSE:EKC)
₹ 113.62 -0.93 (-0.81%) Market Cap: 12.74 Bil Enterprise Value: 13.87 Bil PE Ratio: 8.66 PB Ratio: 0.90 GF Score: 80/100

Q3 2025 Everest Kanto Cylinder Ltd Earnings Call Transcript

Feb 20, 2025 / 11:00 AM GMT
Release Date Price: ₹137.45 (+3.35%)

Key Points

Positve
  • Everest Kanto Cylinder Ltd (BOM:532684) reported a steady performance in Q3 2025, with a significant uptake in domestic business driven by strong demand from CNG and industrial segments.
  • The company achieved an 18.2% year-on-year increase in standalone revenue, reflecting robust growth in its domestic operations.
  • Operational efficiencies and prudent inventory management contributed to improved margins in the domestic market.
  • The company is well-positioned to capitalize on opportunities in the clean energy space, particularly with the growing demand for CNG and hydrogen cylinders.
  • The Indian CNG market outlook remains strong, supported by government incentives for green mobility and the expansion of CNG vehicle adoption and refueling infrastructure.
Negative
  • International operations faced challenges, with margins impacted by the nature of order booking in the US and a difficult operating environment in Dubai.
  • The company's US business, despite a strong order book, experienced reduced margins due to project-based delays and lower-margin projects.
  • Power and fuel costs increased by 20% compared to the previous quarter, impacting overall expenses.
  • The company received a GST demand notice due to a difference in tax classification for CNG cylinders, which could pose a financial risk.
  • Capacity utilization for the domestic business remains at 60%, indicating potential underutilization of resources.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

EKCL.NS - Everest Kanto Cylinder Ltd
Q3 2025 Everest Kanto Cylinder Ltd Earnings Call
Feb 20, 2025 / 11:00AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the earnings conference call of Everest Canto Cylinder Limited.

As a reminder, all participant clients will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during the call, please signal an operator by pressing star, then 0 on your attached to phone.

I now hand the conference over to Mr. Au Pujari from CBR India.

Thank you and over to you, sir.

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Unidentified_2 [2]
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