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Everest Kanto Cylinder Ltd

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NSEBSE

116.55-1.90 (-1.60%)

03:56 PM,3rd Oct 2023

116.15-2.20 (-1.86%)

04:01 PM,3rd Oct 2023

BSE : 532684

NSE : EKC

Sector : Industrials

ISIN Code : INE184H01027

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Last Updated: Oct 03 2023 | 04:01 PM IST

Market Cap (₹ Cr)

1307

Turnover (₹ Cr)

0.34

Volume (Shares)

287637

Face Value

2

52-WK High

136.80

52-WK High Date

04 Aug 2023

52-WK Low

66.00

52-WK Low Date

15 Feb 2023

All Time High

384.90

All Time High Date

03 Jan 2008

All Time Low

7.30

All Time Low Date

30 Aug 2013

Everest Kanto Cylinder Ltd

Incorporated in 1978 Everest Kanto Cylinders Limted is engaged in the manufacture of high-pressure seamless gas cylinders and other cylinders equipments appliances and tanks with their parts and accessories used for containing and storage of natural gas and other gases liquids and air. Further the Company is engaged in the trading of fire extinguishment and related equipment and castor oil.The company in collaboration with Kanto Koatsu Yoki Manufacturing Company Japan set up a manufacturing unit in Aurangabad. In the year 1981 they started commercial production in their Aurangabad plant. In the year 1985 they expanded their manufacturing capacity with in-house technology by setting up a new facility at Tarapur to manufacture the widest range of High Pressure Gas Cylinder. The company set up a new state of the art manufacturing facility at Dubai in order to tap the emerging potential for cylinders in Iran Pakistan and Bangladesh. This plant commenced their production during the year 2003-04. In April 2005 the company entered into a joint venture agreement with China based Cangzhou Gas Corporation for producing and selling high pressure gas cylinders. In December 2005 the company commenced their production at Gandhidham which has the production capacity of 340000 cylinders per annum.During the year 2006-07 the company formed two wholly owned subsidiary namely EKC International FZE in Dubai and EKC Industries (Tianjin) Ltd in People's Republic of China. The company sold their fixed assets of their branch at Dubai to EKC International FZE Dubai. This unit catered the growing demand from South East Asia Middle East and CIS countries.In October 2007 EKC International FZE the wholly owned subsidiary of the company in Dubai successfully commissioned their second plant in Dubai. During April 2008 EKC International FZE wholly owned subsidiary of the Company in UAE has formed a wholly owned subsidiary in Hungary by the name of EKC Hungary Ltd. Further EKC Hungary Ltd formed a wholly owned subsidiary in USA by the name of CP Industries Holding Inc. In April 21 2008 EKC group acquired all the assets of CP Industries Inc a division of Reunion Industries Inc USA for an amount of USD 66.3 million.EKC Industries (Tianjin) Co Ltd the wholly owned subsidiary of the company in People's Republic of China completed the trial production phase and commercial production commenced during May 2008. In October 2008 the company received an order for a value of USD 13 million form Pakistan and Middle East countries for the supply of CNG cylinders through their wholly owned subsidiary EKC International FZE Dubai. The company is implementing new project at their existing facility in Gandhidham which would result in creation of a 200000 cylinders per annum and commissioning of these plant is expected during end of the financial year 2008-09. The company is in the process of setting up a cylinder manufacturing plant at Kandla Special Economic Zone. This plant is expected to be commissioned during the first quarter of financial year 2009-10.In April 2009 EKC acquired a majority stake (72.65%) in Calcutta Compressions & Liquefaction Engineering Private Limited (CC&L) a company located in Kolkata. The Company had raised Rs. 81 crores by allotting 6000000 equity shares to 2 schemes of Reliance Mutual Fund on a preferentialbasis at Rs. 135/- per equity share (including a premium of Rs. 133/- per share) on 19th June 2010.The Company established a wholly owned subsidiary (WOS) in Thailand on 7th Oct 2010 by the name of EKC Industries (Thailand) Co. Ltd. in 2011.During the year 2012 EKC International FZE a wholly owned subsidiary of the Company set up a wholly owned subsidiary in Germany EKC Europe GmbH.During 2016-17 the Company sold Companies Land and Building along with electric installations situated at Gandhidham Gujarat to SNF Flopam India Private Limited for the consideration of USD 29 Million (approx. Rs 194 crore) through which the approval was sought by Company on September 17 2016 for the sale of aforesaid land and building of the Company. The Company formed new wholly owned subsidiary Company as Next gen Cylinder Private Limited in 2017.On July 11 2020 the Company acquired additional 27.35% of equity share capital of Calcutta Compressions & Liquefaction Engineering Ltd thereby making it wholly owned subsidiary Company and transferred 72.65% of Equity Share Capital of EKC Positron Gas Ltd which thereby ceases to be subsidiary Company. Kamal EKC industries Ltd a Joint Venture Company in Tanzania ceased to continue its business w.e.f August 23 2019.

Everest Kanto Cylinder Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

1307

EPS - TTM (₹) [S]

3.99

P/E Ratio (X) [S]

1.99

Face Value (₹) 2
Latest Dividend (%)35.00
Latest Dividend Date 15 Sep 2023
Dividend Yield (%) 0.60
Book Value Share (₹) [S]58.71
P/B Ratio (₹) [S]1.99
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Nippon India Value Fund (G) 1.41 909538 0.06
Nippon India Value Fund - Direct (G) 1.41 909538 0.06

Research Reports

Date BrokerActionPrices(Rs)Report
16-02-2023IDBI Capital Hold 67

Stock Strength

Today's Low/High

116.10

119.60

Week Low/High

115.95

124.00

Month Low/High

115.00

132.00

Year Low/High

66.00

137.00

All time Low/High

7.02

385.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-3.96%-3.92%-0.66-0.69%
1 Month-1.10%-1.23%0.190.48%
3 Month-4.43%-4.55%0.471.07%
6 Month27.22%26.96%10.8412.25%
1 Year9.33%9.33%15.3615.64%
3 Year291.76%299.14%69.2971.05%

Financials

Graph
Table

Bulk/ Block

ALL
NSE
BSE
ALL
BUY
SELL
DateClient NameExchangeTransactionQuantityPrice
10-04-2023YUGA STOCKS AND COMMODITIES PRIVATE LIMITED .NSEBUY752344108.51
10-04-2023YUGA STOCKS AND COMMODITIES PRIVATE LIMITED .NSESELL752344109.62
28-03-2023RAJBALA DEVINSESELL53037990.36
28-03-2023RAJBALA DEVINSEBUY63032690.45
18-05-2021ANKITA VISHAL SHAHNSEBUY872752104.67
18-05-2021ANKITA VISHAL SHAHNSESELL872752105.33
11-05-2021ALPHA LEON ENTERPRISES LLPNSESELL1296989117.00
11-05-2021ALPHA LEON ENTERPRISES LLPNSEBUY1209001115.00
11-05-2021ANKITA VISHAL SHAHNSEBUY1338935121.00
11-05-2021ANKITA VISHAL SHAHNSESELL1248935119.00

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Peer Group Comparison

NamePrice(In Rs)Chg(%)Mkt Cap(Rs Cr)Sales(Rs Cr)Profit(Rs Cr)EPS(Rs)P/E(x)

Shareholding Pattern

Jun 2023
Archive
CategoryShare(%)
Promoter67.39
Financial Institutions Banks0.00
Foreign Institutional Investors0.31
Insurance Companies0.00
Mutual Funds Uti0.00
Other Institutional Investors0.80
Indian Public24.98
Others Non Institutional Investors6.52
Custodians0.00

Corporate Action

Announcement DatePurposeFromToRemarks
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Price History

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Company Info

Company Information

Chairman/ED & CEO : Pushkar Khurana

ED / MD / Promoter : Puneet Khurana

Independent Non Exe. Director : M N Sudhindra Rao

Independent Non Exe. Director : Ghanshyam Vithaldas Karkera

Independent Non Exe. Director : Vaijayanti Pandit

Independent Non Exe. Director : Uma Acharya

Registered Office: 204 Raheja Centre, FPJ Marg 214 Nariman Point,Mumbai,Maharashtra-400021 Ph: 91-22-30268300-01

Email:investors@ekc.in

URL:http://www.everestkanto.com