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Everest Kanto Cylinder Reports Q2: Revenue Up by 22.72% Year-on-Year

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 22.72 % in the past year, substantial increase in net sales/revenue by 7.14 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 8425 %. Marginal increase in other income during this quarter, up by 186.55%.
  • Profit over the Year and quarter: Significant improvement in profitability for Everest Kanto Cylinder Limited. Notable increase of 47.05 % in net profit Year to Year, Everest Kanto Cylinder Limited’s profitability increased by 38.35 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 45.96 % Year to Year. EPS increased by 37.2 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Everest Kanto Cylinder Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 299.28 Cr Rs. 342.8 Cr Rs. 367.28 Cr + 7.14 % + 22.72 %
Expenses Rs. 258 Cr Rs. 301.31 Cr Rs. 314.16 Cr + 4.26 % + 21.77 %
Operating Profit Rs. 41.28 Cr Rs. 41.49 Cr Rs. 53.12 Cr + 28.03 % + 28.68 %
OPM % 13.79 % 12.1 % 14.46 % + 2.36 % + 0.67 %
Other Income Rs. 0.12 Cr Rs. 3.57 Cr Rs. 10.23 Cr + 186.55 % + 8425 %
Interest Rs. 1.86 Cr Rs. 2.19 Cr Rs. 8.24 Cr + 276.26 % + 343.01 %
Depreciation Rs. 9.57 Cr Rs. 10 Cr Rs. 10.51 Cr + 5.1 % + 9.82 %
Profit before tax Rs. 29.97 Cr Rs. 32.87 Cr Rs. 44.6 Cr + 35.69 % + 48.82 %
Tax % 12.41 % 15.12 % 13.45 % -1.67 % + 1.04 %
Net Profit Rs. 26.25 Cr Rs. 27.9 Cr Rs. 38.6 Cr + 38.35 % + 47.05 %
EPS in Rs Rs. 2.35 Rs. 2.5 Rs. 3.43 + 37.2 % + 45.96 %


Today, we’re looking at Everest Kanto Cylinder Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 22.72 %. However, it did see a marginal increase of 7.14 % from the previous quarter. Expenses ticked up slightly by 4.26 % quarter-on-quarter, aligning with the annual rise of 21.77 %. Operating profit, while up 28.68 % compared to last year, faced a quarter-on-quarter increase of 28.03 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.67 %, but an expansion of 2.36 % sequentially. Other income rose by 186.55 % compared to the last quarter, despite an annual growth of 8425 %. Interest expenses surged remarkably by 276.26 % from the previous quarter, yet the year-over-year increase remains at a moderate 343.01 %. Depreciation costs climbed by 5.1 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.82 %. Profit before tax grew annually by 48.82 % but saw an increase from the preceding quarter by 35.69 %.
Tax expenses as a percentage of profits increased slightly by 1.04 % compared to last year, with a more notable quarter-on-quarter decrease of -1.67 %. Net profit rose by 47.05 % year-on-year but experienced a 38.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 45.96 % but a quarterly rise of 37.2 %. In summary, Everest Kanto Cylinder Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 299.28 Cr Rs. 342.8 Cr Rs. 367.28 Cr + 7.14 % + 22.72 %
Expenses Rs. 258 Cr Rs. 301.31 Cr Rs. 314.16 Cr + 4.26 % + 21.77 %
Operating Profit Rs. 41.28 Cr Rs. 41.49 Cr Rs. 53.12 Cr + 28.03 % + 28.68 %
Net Profit Rs. 26.25 Cr Rs. 27.9 Cr Rs. 38.6 Cr + 38.35 % + 47.05 %
EPS in Rs Rs. 2.35 Rs. 2.5 Rs. 3.43 + 37.2 % + 45.96 %


In reviewing Everest Kanto Cylinder Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.72 % year-on-year growth, however, there was a minor increase of 7.14 % from the previous quarter. Expenses rose by 21.77 % compared to the previous year, with a 4.26 % increase quarter-on-quarter. Operating Profit surged by 28.68 % annually, and saw a 28.03 % increase from the last quarter.
Net Profit showed yearly increase of 47.05 %, and experienced a 38.35 % increase from the previous quarter. Earnings Per Share (EPS) rose by 45.96 % annually, however rose by 37.2 % compared to the last quarter. In essence, while Everest Kanto Cylinder Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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