📌At a GlanceEverest Kanto Cylinder Ltd (EKC) is up 140% from its 52-week low of ₹55 — now chilling at ₹132. But FY25 profits? Flat. Literally ₹97.7 Cr vs ₹97.6 Cr last year. While revenue jumped 22.6% to ₹1,499 Cr, margins slipped and PAT stayed stuck. So is this just a temporary gas leak… or the end of the CNG party?
🏭 About the Company
| Detail | Info |
|---|---|
| Name | Everest Kanto Cylinder Limited |
| Founded | 1978 |
| Headquarters | Mumbai, India |
| Ticker | NSE: EKC |
| CMP (as of May 26, 2025) | ₹132 |
| Sector | Clean Energy / Industrial Gases |
| Business | Manufacturer of seamless steel gas cylinders used in CNG vehicles, industry, fire safety, medical oxygen, aerospace |
🧪 EKC manufactures cylinders for storage of compressed gases like oxygen, hydrogen, CNG, nitrogen, etc. It supplies to auto companies, industrial gas firms, hospitals, and even defence.
🌍 Plants in India (Tarapur, Kandla SEZ), Dubai (Jebel Ali), and Pittsburgh, USA. Annual capacity ~1.5 million
cylinders.
🧑💼 Key Managerial Personnel (KMP)
- Pushkar Khurana– Chairman & Executive Director
- Puneet Khurana– Managing Director
- Sanjiv Kapur– CFO
- Vishal Totla– Company Secretary
These are the folks who kept the company growing… but apparently forgot to grow PAT this year.
📊 Financials (FY25 vs FY24)
🔹 Consolidated Highlights
| Metric | FY25 | FY24 | YoY Change |
|---|---|---|---|
| Revenue | ₹1,499.2 Cr | ₹1,223.0 Cr | 🔼 22.6% |
| EBITDA | ₹175.5 Cr | ₹160.5 Cr | 🔼 9.4% |
| EBITDA Margin | 11.7% | 13.1% | 🔻 -141 bps |
| PBT | ₹130.4 Cr | ₹120.3 Cr | 🔼 8.4% |
| PAT | ₹97.7 Cr | ₹97.6 Cr | ➖ 0.1% |
| PAT Margin | 6.5% | 8.0% | 🔻 -146 bps |
🔹 Standalone Snapshot
| Metric | FY25 | FY24 | YoY Change |
|---|---|---|---|
| Revenue | ₹946.2 Cr | ₹771.5 Cr | 🔼 22.6% |
| PAT | ₹53.3 Cr | ₹53.9 Cr | 🔻 -1.0% |
| PAT Margin | 5.6% | 7.0% | 🔻 -135 bps |
💥 Revenue growth strong.😶 Profit? Flat.📉 Margins? Down.Dividend? A cute ₹0.70 per share. Thanks, I guess.
🔮 Forward-Looking
