EVEREST KANTO CYLINDER LTD. - 532684 - Closure of Trading Window
Please be informed that pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended and the Company''s Insider Trading Code, the ''Trading Window'' for dealing in shares of the Company will remain closed for all Designated Persons (as defined in the said Code) from Friday, July 01, 2022 until 48 hours after declaration of Un-Audited Financial Results for the quarter ended June 30, 2022. EVEREST KANTO CYLINDER LTD. - 532684 - Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('The Listing Regulation').
Pursuant to Regulation 23(9) of the Listing Regulation, please find attached disclosure on Related Party Transactions for the half year ended March 31, 2022. You are requested to take the above on record. EVEREST KANTO CYLINDER LTD. - 532684 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed herewith transcript of the Earning Call held on June 01, 2022 wherein the management of the Company discussed the Q4FY2022 Results. The same has also been uploaded on the Company's website and the same can be accessed at https://everestkanto.com/investors/recent-updates/ This is for your information and records.
Earnings Call for Q4FY22 of Everest Kanto Cylinder
Conference Call with Everest Kanto Cylinder Management and Analysts on Q4FY22 Performance and Outlook. Listen to the full earnings transcript. EVEREST KANTO CYLINDER LTD. - 532684 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulations 30 and 46(2)(ao) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we hereby inform you that the audio call recording of the Company's Analyst Call to discuss the financial results for the quarter and year ended March 31, 2022 is available on the Company's website The audio recording of the Investors call is made available on the Company's website, at https://everestkanto.com/investors/recent-updates/ Kindly take the same on your records. EVEREST KANTO CYLINDER LTD. - 532684 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Investors presentation for Q4 FY 22 is attached. This is for your information and record. Q4FY22 Quarterly Result Announced for Everest Kanto Cylinder Ltd.
Everest Kanto Cylinder announced Q4FY22 results: Q4FY22: Revenues at Rs. 478.7 crore, higher by 68.4% YoY EBITDA improves by 111% YoY to Rs 94.5 crore PAT at Rs. 64.8 crore, higher by 1360% YoY FY22: Revenues at Rs. 1698.8 crore, higher by 79% YoY EBITDA improves by 127% YoY to Rs. 392 crore PAT at Rs. 265.2 crore, higher by 195% YoY Commenting on the performance for the quarter, in a joint statement, Mr. Pushkar Khurana, Chairman, and Mr. Puneet Khurana, Managing Director, said “We are delighted to share that we have registered a record performance during the year, delivering a robust top-line growth of 79% and a PAT growth of 195%. Our India business has delivered strong growth of 69% driven by the expanding CNG ecosystem that is leading to secular demand. On the margin front, we had witnessed volatility on a Q-o-Q basis during the year owing to an increase in overall costs and changes in product mix. We anticipate our annual EBITDA margins to be in a healthy range going forward. With the supportive macro framework driven by the government’s continued focus on a larger gasfuelled economy, we have strengthened our leadership position in the Indian market. Our overseas operations have also delivered a sustained turnaround led by a global shift towards gas adoption. Looking at the demand from the high potential Egyptian and African Markets, we are happy to share that EKC’s wholly-owned subsidiary EKC International FZE has formed a Joint Venture in Egypt to establish a CNG cylinder production facility. With our UAE facility operating at healthy levels, we believe, this facility should help us target the growing CNG opportunity due to the region’s major push towards the consumption of cleaner energy. We have expanded our annual production capacity to about a million cylinders this year on the back of our brownfield expansion initiatives in India. The second phase of brownfield expansion is also on-track to be commissioned by the second quarter of FY23, which should assist us to drive further growth this year. Over the past few years, we have notably strengthened our balance sheet as well as prudently deployed capital for capacity expansions. This has enabled us to generate healthy free cash flows during the year. Accordingly, in line with our dividend policy, the Board of Directors have recommended a dividend of Re. 0.70 per share (i.e 35% on FV). India has made a structural shift towards building a cleaner gas-based economy with a huge thrust on developing the CNG infrastructure. In addition, the Indian government recently announced its National Green Hydrogen Policy, with the goal of meeting climate targets and making India a Green Hydrogen hub. This should accelerate the usage of gas across industries leading to a huge multi-decadal growth opportunity for our industry. Given EKC’s leadership position in manufacturing high-pressure gas cylinders in India, we believe, we are also well-poised to tap this opportunity in the coming years.” Result PDF EVEREST KANTO CYLINDER LTD. - 532684 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit newspaper publication pertaining to financial results of the Company for the quarter and year ended March 31, 2022 as approved by the Board on May 27, 2022 in following newspapers: 1. Business Standard (Mumbai Edition) on May 28, 2022; 2. Mumbai Lakshadeep (Daily newspaper in state) on May 28, 2022. You are requested to take the above on record. EVEREST KANTO CYLINDER LTD. - 532684 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI circular CIR/CFD/CMD1/27 /2019 dated February 8, 2019, we are forwarding herewith the Annual Secretarial Compliance Report for the financial year 2021-2022. You are requested to kindly take the above information on record. EVEREST KANTO CYLINDER LTD. - 532684 - Board recommends Final Dividend
Everest Kanto Cylinder Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 27, 2022, inter alia, has recommended a Final Dividend of Re. 0.70/-per share i.e 35% of face value of share for the financial year ended March 31, 2022, subject to the approval of the Shareholders at the ensuing Annual General Meeting of the Company.