EVEREST KANTO CYLINDER LTD. - 532684 - Reg. 34 (1) Annual Report.
Pursuant to Regulation 34(1) of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith of the Company for FY 2022-23.29-08-2023
29-08-2023
EVEREST KANTO CYLINDER LTD. - 532684 - Notice Of 44Th Annual General Meeting.
Pursuant to Regulation 30 read with Schedule III, Part A, Para A of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the Notice of 44th Annual General Meeting of the Company.29-08-2023
EVEREST KANTO CYLINDER LTD. - 532684 - Record Date For The Purpose Of Determining The Members Eligible To Receive Dividend.
The Company has fixed Friday, September 15, 2023 as the Record Date for the purpose of determining the Members eligible to receive dividend.29-08-2023
EVEREST KANTO CYLINDER LTD. - 532684 - Book Closure, Record Date And Dividend Payment.
Pursuant to Regulation 42 of SEBI(Listing Obligations and Disclosure Requirement) Regulations, 2015 and Section 91 of the Companies Act, 2013 the Register of Members and Share Transfer Books of the Company will remain close from Saturday, September 16, 2023 to Friday, September 22, 2023 (both days inclusive) for the purpose of 44th AGM and Dividend.29-08-2023
EVEREST KANTO CYLINDER LTD. - 532684 - 44Th Annual General Meeting Of The Members Of The Company On September 22, 2023.
This is to inform that the 44th Annual General Meeting of the Company will be held on Friday, September 22, 2023 at 4:00 p.m. through Video Conference / other Audio-Visual Means in accordance with circulars issued by Ministry of Corporate Affairs and the Securities and Exchange Board of India.29-08-2023
EVEREST KANTO CYLINDER LTD. - 532684 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the transcript of the Earning Call held on August 16, 2023 for discussion on Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2023.21-08-2023
EVEREST KANTO CYLINDER LTD. - 532684 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Further to our letter dated August 9, 2023 and pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Audio recording of the Q1 FY24 Earnings Conference Call held on August 16, 2023 on Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2023 is available on the Company's website.16-08-2023
Q1FY24 Quarterly Result Announced for Everest Kanto Cylinder Ltd.
Industrial Products company Everest Kanto Cylinder announced Q1FY24 results: Consolidated Q1FY24: Income from operations of Rs 268.4 crore in Q1FY24 compared to Rs 380.5 crore in Q1FY23. EBITDA of Rs 36.9 crore in Q1FY24 compared to Rs 60.5 crore in Q1FY23. EBITDA Margin (%) of 13.7% in Q1FY24 compared to 15.9% in Q1FY23. Profit Before Tax of Rs 28.5 crore in Q1FY24 compared to Rs 50.0 crore in Q1FY23. PAT of Rs 21.8 crore in Q1FY24 compared to Rs 38.7 crore in Q1FY23. Standalone Q1FY24: Income from operations of Rs 165.7 crore in Q1FY24 compared to Rs 270.4 crore in Q1FY23 EBITDA of Rs 18.2 crore in Q1FY24 compared to Rs 49.6 crore in Q1FY23 EBITDA Margin (%) of 11% in Q1FY24 compared to 18.3% in Q1FY23 Profit Before Tax of Rs 14.7 crore in Q1FY24 compared to Rs 43.9 crore in Q1FY23 PAT of Rs 9.6 crore in Q1FY24 compared to Rs 35.0 crore in Q1FY23 Commenting on the performance for the quarter, in a joint statement, Pushkar Khurana, Chairman, and Puneet Khurana, Managing Director, said, “We began the fiscal year with challenges that have notably impacted our financial performance. Softening demand for our CNG cascades segment in the domestic market, and lower demand in international markets, led to a decline in sales volumes, consequently affecting our revenues and profitability in Q1FY24. Our consolidated sales stood at Rs 268 crore. Furthermore, our profitability was impacted owing to lower operating leverage. Despite the hurdles, we maintain an optimistic outlook on the potential for CNG cylinders in India. The government's pledge to promote eco-friendly natural gas, along with fiscal incentives and adopting policies leading to structurally lower CNG prices, are commendable. Moreover, the ongoing expansion of the CNG distribution network throughout the nation signifies a strong commitment to a greener future. As we move forward, we recognize the current market challenges impacting our business. Our team is focused on leveraging our core competencies and engaging with both domestic and international customers to drive our business. Building on our strength in the CV CNG market, our teams are also actively working on strategies to enhance our penetration in the PV markets. With a firm commitment to quality and customer satisfaction, we believe we are well positioned to capitalize on the future of the CNG vehicle market." Result PDF14-08-2023
EVEREST KANTO CYLINDER LTD. - 532684 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to Regulation 30 of SEBI(Listing Obligations and Disclosure Requirement) Regulation 2015, we enclose herewith the Investors Presentation for Q1FY24.11-08-2023
EVEREST KANTO CYLINDER LTD. - 532684 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We enclose herewith for your information Press Release for the financial results of quarter ended June 30, 203.11-08-2023