Everest Kanto Is Up 140% from Its Lows — But FY25 Profit Was Flat at ₹97.7 Cr. Is the CNG Rally Now Running on Fumes?
📌 At a Glance Everest 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.
