Everest Industries
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Aug 27 (Reuters) - Everest Industries Ltd EVRI.NS:
EVEREST INDUSTRIES - TAX DEPARTMENT CONCLUDES INSPECTION PROCEEDINGS ON AUGUST 26, 2026
EVEREST INDUSTRIES - RECTIFIES TAX DISCREPANCIES BY PAYING FOR FY 2021-22 UNDER PROTEST
EVEREST INDUSTRIES - NO MATERIAL IMPACT EXCEPT POTENTIAL INTEREST OF 4.7 MILLION RUPEES UNDER DISPUTE
Source text: ID:nBSE3hHRsF
Further company coverage: EVRI.NS
(([email protected];;))
Aug 27 (Reuters) - Everest Industries Ltd EVRI.NS:
EVEREST INDUSTRIES - TAX DEPARTMENT CONCLUDES INSPECTION PROCEEDINGS ON AUGUST 26, 2026
EVEREST INDUSTRIES - RECTIFIES TAX DISCREPANCIES BY PAYING FOR FY 2021-22 UNDER PROTEST
EVEREST INDUSTRIES - NO MATERIAL IMPACT EXCEPT POTENTIAL INTEREST OF 4.7 MILLION RUPEES UNDER DISPUTE
Source text: ID:nBSE3hHRsF
Further company coverage: EVRI.NS
(([email protected];;))
Aug 21 (Reuters) - Everest Industries Ltd EVRI.NS:
COOPERATING WITH MAHARASHTRA GST OFFICIALS IN ONGOING INSPECTION
NO MATERIAL IMPACT ON FINANCIALS, BUSINESS OPERATIONS
Source text: ID:nNSEXrYSS
Further company coverage: EVRI.NS
(([email protected];;))
Aug 21 (Reuters) - Everest Industries Ltd EVRI.NS:
COOPERATING WITH MAHARASHTRA GST OFFICIALS IN ONGOING INSPECTION
NO MATERIAL IMPACT ON FINANCIALS, BUSINESS OPERATIONS
Source text: ID:nNSEXrYSS
Further company coverage: EVRI.NS
(([email protected];;))
Aug 4 (Reuters) - Everest Industries Ltd EVRI.NS:
EVEREST INDUSTRIES - GOT TAX NOTICE FOR DEMAND OF 31.7 MILLION RUPEES
Source text: ID:nnAZN4TBMDA
Further company coverage: EVRI.NS
(([email protected];))
Aug 4 (Reuters) - Everest Industries Ltd EVRI.NS:
EVEREST INDUSTRIES - GOT TAX NOTICE FOR DEMAND OF 31.7 MILLION RUPEES
Source text: ID:nnAZN4TBMDA
Further company coverage: EVRI.NS
(([email protected];))
Everest Industries reported a standalone net profit of ₹107.72 crore for the June 2026 quarter, lifted by a one-time gain of ₹96.15 crore from the sale of its Podanur property. The property had been classified as an asset held for sale in the March 2026 balance sheet. Revenue from operations fell 14% year-on-year to ₹418.70 crore, but operating profit before exceptional items swung to a ₹37.11 crore gain compared with a ₹34.45 crore loss in the preceding March quarter. The consolidated net profit stood at ₹102.09 crore, with the property sale gain also flowing through the group results.
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Everest Industries reported a standalone net profit of ₹107.72 crore for the June 2026 quarter, lifted by a one-time gain of ₹96.15 crore from the sale of its Podanur property. The property had been classified as an asset held for sale in the March 2026 balance sheet. Revenue from operations fell 14% year-on-year to ₹418.70 crore, but operating profit before exceptional items swung to a ₹37.11 crore gain compared with a ₹34.45 crore loss in the preceding March quarter. The consolidated net profit stood at ₹102.09 crore, with the property sale gain also flowing through the group results.
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July 27 (Reuters) - Everest Industries Ltd EVRI.NS:
EVEREST INDUSTRIES JUNE-QUARTER CONSOL PROFIT 1.02 BILLION RUPEES
EVEREST INDUSTRIES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.36 BILLION RUPEES
Source text: [ID:]
Further company coverage: EVRI.NS
(([email protected];;))
July 27 (Reuters) - Everest Industries Ltd EVRI.NS:
EVEREST INDUSTRIES JUNE-QUARTER CONSOL PROFIT 1.02 BILLION RUPEES
EVEREST INDUSTRIES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.36 BILLION RUPEES
Source text: [ID:]
Further company coverage: EVRI.NS
(([email protected];;))
Everest Industries said its wholly-owned subsidiary, Everest Buildpro Private Limited (EBPL), has abandoned plans to set up a ₹138 crore Fibre Cement Boards plant at Matia, Goalpara, Assam. The board of EBPL reassessed the investment plan at a meeting on July 3, 2026, and decided to withdraw the entire capital expenditure and surrender the land allocated by Assam Industrial Development Corporation. EBPL had already invested ₹10.90 crore in the land under the plan that was originally approved by the board in February 2025. The company stated the cancellation will not adversely affect financials.
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Everest Industries said its wholly-owned subsidiary, Everest Buildpro Private Limited (EBPL), has abandoned plans to set up a ₹138 crore Fibre Cement Boards plant at Matia, Goalpara, Assam. The board of EBPL reassessed the investment plan at a meeting on July 3, 2026, and decided to withdraw the entire capital expenditure and surrender the land allocated by Assam Industrial Development Corporation. EBPL had already invested ₹10.90 crore in the land under the plan that was originally approved by the board in February 2025. The company stated the cancellation will not adversely affect financials.
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Everest Industries Ltd EVRI.NS:
EVEREST INDUSTRIES LTD - SETTING UP OF MANUFACTURING FACILITY IN R. ANANTHPURAM DEFERRED TO FY27
Source text: ID:nnAZN4SOJCU
Further company coverage: EVRI.NS
Everest Industries Ltd EVRI.NS:
EVEREST INDUSTRIES LTD - SETTING UP OF MANUFACTURING FACILITY IN R. ANANTHPURAM DEFERRED TO FY27
Source text: ID:nnAZN4SOJCU
Further company coverage: EVRI.NS
Jan 2 (Reuters) - Everest Industries Ltd EVRI.NS:
EVEREST INDUSTRIES LTD - TAX DEMAND REDUCED BY 14.5 MILLION RUPEES
Source text: [ID:]
Further company coverage: EVRI.NS
(([email protected];))
Jan 2 (Reuters) - Everest Industries Ltd EVRI.NS:
EVEREST INDUSTRIES LTD - TAX DEMAND REDUCED BY 14.5 MILLION RUPEES
Source text: [ID:]
Further company coverage: EVRI.NS
(([email protected];))
Dec 31 (Reuters) - Everest Industries Ltd EVRI.NS:
TAX DEMAND REDUCED FROM 560.6 MILLION RUPEES TO 3.9 MILLION RUPEES
Source text: ID:nNSE8DgfP0
Further company coverage: EVRI.NS
(([email protected];;))
Dec 31 (Reuters) - Everest Industries Ltd EVRI.NS:
TAX DEMAND REDUCED FROM 560.6 MILLION RUPEES TO 3.9 MILLION RUPEES
Source text: ID:nNSE8DgfP0
Further company coverage: EVRI.NS
(([email protected];;))
Dec 30 (Reuters) - Everest Industries Ltd EVRI.NS:
DEMAND REDUCED BY 82.6 MILLION RUPEES
Source text: ID:nNSE3CDYpY
Further company coverage: EVRI.NS
(([email protected];))
Dec 30 (Reuters) - Everest Industries Ltd EVRI.NS:
DEMAND REDUCED BY 82.6 MILLION RUPEES
Source text: ID:nNSE3CDYpY
Further company coverage: EVRI.NS
(([email protected];))
Sept 29 (Reuters) - Everest Industries Ltd EVRI.NS:
GST DEPARTMENT RAISES TAX DEMAND OF 560.6 MILLION RUPEES
Source text: ID:nBSE356d2j
Further company coverage: EVRI.NS
(([email protected];))
Sept 29 (Reuters) - Everest Industries Ltd EVRI.NS:
GST DEPARTMENT RAISES TAX DEMAND OF 560.6 MILLION RUPEES
Source text: ID:nBSE356d2j
Further company coverage: EVRI.NS
(([email protected];))
** Shares of Everest Industries Ltd EVRI.NS rise as much as 8.5% to 674.9 rupees
** Roofing products maker's board approved sale of land admeasuring 23.32 acres at Kurichi Village in Tamil Nadu to G Square Realtors
** Adds, total consideration for sale of land is 1.34 bln rupees ($15.3 mln); co got first tranche of 70 mln rupees on signing of term sheet
** Stock on track for third straight weekly gain, rising 1.2% so far
** More than 101,000 shares traded as of 1:30 p.m. IST, 5x their 30-day moving avg
** EVRI last up 4.5%, cutting YTD losses to ~20%
($1 = 87.5060 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Everest Industries Ltd EVRI.NS rise as much as 8.5% to 674.9 rupees
** Roofing products maker's board approved sale of land admeasuring 23.32 acres at Kurichi Village in Tamil Nadu to G Square Realtors
** Adds, total consideration for sale of land is 1.34 bln rupees ($15.3 mln); co got first tranche of 70 mln rupees on signing of term sheet
** Stock on track for third straight weekly gain, rising 1.2% so far
** More than 101,000 shares traded as of 1:30 p.m. IST, 5x their 30-day moving avg
** EVRI last up 4.5%, cutting YTD losses to ~20%
($1 = 87.5060 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Dec 16 (Reuters) - Everest Industries Ltd EVRI.NS:
PRAMOD NAIR RESIGNS AS CFO
Source text: ID:nBSE4Pk6YB
Further company coverage: EVRI.NS
(([email protected];))
Dec 16 (Reuters) - Everest Industries Ltd EVRI.NS:
PRAMOD NAIR RESIGNS AS CFO
Source text: ID:nBSE4Pk6YB
Further company coverage: EVRI.NS
(([email protected];))
** Shares of Everest Industries EVRI.NS fall 4.6% to 1,090.15 rupees
** The building materials co's Q2 consol loss widened to 116.7 mln rupees ($1.4 mln) from loss of 58.4 mln rupees in the year ago period, revenue rose 22.5% Y/Y
** Trading vols 1.1x 30-day average
** Stock down ~21% YTD
($1 = 84.1780 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Everest Industries EVRI.NS fall 4.6% to 1,090.15 rupees
** The building materials co's Q2 consol loss widened to 116.7 mln rupees ($1.4 mln) from loss of 58.4 mln rupees in the year ago period, revenue rose 22.5% Y/Y
** Trading vols 1.1x 30-day average
** Stock down ~21% YTD
($1 = 84.1780 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
Nov 5 (Reuters) - Everest Industries Ltd EVRI.NS:
EVEREST INDUSTRIES SEPT-QUARTER CONSOL LOSS 116.7 MILLION RUPEES
EVEREST INDUSTRIES SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.77 BILLION RUPEES
Source text: ID:nNSE2bBsXg
Further company coverage: EVRI.NS
(([email protected];))
Nov 5 (Reuters) - Everest Industries Ltd EVRI.NS:
EVEREST INDUSTRIES SEPT-QUARTER CONSOL LOSS 116.7 MILLION RUPEES
EVEREST INDUSTRIES SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.77 BILLION RUPEES
Source text: ID:nNSE2bBsXg
Further company coverage: EVRI.NS
(([email protected];))
** Shares of Everest Industries Ltd EVRI.NS fall as much as 5.8% to 1,132.55 rupees
** Building products maker reported a 9.5% fall in Q1 consol profit to 159.1 mln rupees ($1.90 mln)
** Cost of raw materials rose 14.2% y/y and rev from ops increased 7.9% y/y
** Stock on track to lose for third straight day and 4th week
** More than 35,000 shares traded as of 12:42 p.m. IST, 2.1x their 30-day moving avg
** EVRI last down 3.65, adding to YTD losses of 15.8% so far
($1 = 83.7275 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Everest Industries Ltd EVRI.NS fall as much as 5.8% to 1,132.55 rupees
** Building products maker reported a 9.5% fall in Q1 consol profit to 159.1 mln rupees ($1.90 mln)
** Cost of raw materials rose 14.2% y/y and rev from ops increased 7.9% y/y
** Stock on track to lose for third straight day and 4th week
** More than 35,000 shares traded as of 12:42 p.m. IST, 2.1x their 30-day moving avg
** EVRI last down 3.65, adding to YTD losses of 15.8% so far
($1 = 83.7275 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Nov 10 (Reuters) - Everest Industries Ltd EVRI.NS:
INDIA'S EVEREST INDUSTRIES SEPT-QUARTER CONSOL LOSS 58.4 MILLION RUPEES VERSUS PROFIT 32.3 MILLION RUPEES
EVEREST INDUSTRIES SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.08 BILLION RUPEES VERSUS 3.56 BILLION RUPEES
Source text for Eikon: ID:nBSE5yW7rH
Further company coverage: EVRI.NS
(([email protected];))
Nov 10 (Reuters) - Everest Industries Ltd EVRI.NS:
INDIA'S EVEREST INDUSTRIES SEPT-QUARTER CONSOL LOSS 58.4 MILLION RUPEES VERSUS PROFIT 32.3 MILLION RUPEES
EVEREST INDUSTRIES SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.08 BILLION RUPEES VERSUS 3.56 BILLION RUPEES
Source text for Eikon: ID:nBSE5yW7rH
Further company coverage: EVRI.NS
(([email protected];))
May 12 (Reuters) - Everest Industries Ltd EVRI.NS:
EVEREST INDUSTRIES LTD - REAPPOINTED RAJESH JOSHI AS MD AND CEO
Source text for Eikon: ID:nBSE1FBqgk
Further company coverage: EVRI.NS
(([email protected];))
May 12 (Reuters) - Everest Industries Ltd EVRI.NS:
EVEREST INDUSTRIES LTD - REAPPOINTED RAJESH JOSHI AS MD AND CEO
Source text for Eikon: ID:nBSE1FBqgk
Further company coverage: EVRI.NS
(([email protected];))
May 11 (Reuters) - Everest Industries Ltd EVRI.NS:
FINAL DIVIDEND OF 6 RUPEES PER SHARE
MARCH-QUARTER CONSOL PROFIT 129.5 MILLION RUPEES VERSUS 60.2 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.46 BILLION RUPEES VERSUS 3.74 BILLION RUPEES
Source text for Eikon: ID:nBSE6QG5LY
Further company coverage: EVRI.NS
(([email protected];))
May 11 (Reuters) - Everest Industries Ltd EVRI.NS:
FINAL DIVIDEND OF 6 RUPEES PER SHARE
MARCH-QUARTER CONSOL PROFIT 129.5 MILLION RUPEES VERSUS 60.2 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.46 BILLION RUPEES VERSUS 3.74 BILLION RUPEES
Source text for Eikon: ID:nBSE6QG5LY
Further company coverage: EVRI.NS
(([email protected];))
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What does Everest Industries do?
Everest Industries Ltd is a top building solutions company in India, providing high-quality roofing products for residential, commercial, and industrial sectors, such as fiber cement sheets, polycarbonate sheets, and metal roofing.
Who are the competitors of Everest Industries?
Everest Industries major competitors are Visaka Industries, Bansal Roofing Prod., Sahyadri Industries, BirlaNu, Kanoria Energy&Infra, Ramco Industries. Market Cap of Everest Industries is ₹642 Crs. While the median market cap of its peers are ₹584 Crs.
Is Everest Industries financially stable compared to its competitors?
Everest Industries seems to be less financially stable compared to its competitors. Altman Z score of Everest Industries is 1.97 and is ranked 6 out of its 7 competitors.
Does Everest Industries pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Everest Industries latest dividend payout ratio is 21.93% and 3yr average dividend payout ratio is 21.93%
How has Everest Industries allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Everest Industries balance sheet?
Balance sheet of Everest Industries is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Everest Industries improving?
The profit is oscillating. The profit of Everest Industries is -₹1.23 Crs for TTM, -₹101.69 Crs for Mar 2026 and -₹3.6 Crs for Mar 2025.
Is the debt of Everest Industries increasing or decreasing?
The net debt of Everest Industries is decreasing. Latest net debt of Everest Industries is ₹38.59 Crs as of Mar-26. This is less than Mar-25 when it was ₹142 Crs.
Is Everest Industries stock expensive?
Everest Industries is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Everest Industries is 1509, while 3 year average PE is 44.71. Also latest EV/EBITDA of Everest Industries is 0.0 while 3yr average is 29.43.
Has the share price of Everest Industries grown faster than its competition?
Everest Industries has given lower returns compared to its competitors. Everest Industries has grown at ~4.72% over the last 10yrs while peers have grown at a median rate of 8.0%
Is the promoter bullish about Everest Industries?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Everest Industries is 50.22% and last quarter promoter holding is 50.22%.
Are mutual funds buying/selling Everest Industries?
The mutual fund holding of Everest Industries is stable. The current mutual fund holding in Everest Industries is 0.03% while previous quarter holding is 0.03%.