Everest Kanto Cylinder Ltd
Everest Kanto Cylinder Q2 FY26: Capex ₹130 Cr
Q2 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Revenue guidance for standalone business is targeted between ₹900 crore to ₹1,000 crore in the current year. - Utilization currently at 70%, with potential to increase up to 80%, indicating room for volume growth. - Growth drivers include continued expansion in the CNG segment and industrial gases sectors. - New product lines and defense sector projects add to growth prospects. - Expansion through new plants in Mundra and Egypt, expected to begin commercial production by Q1 and Q2 FY27, enhancing manufacturing capabilities. - Order book visibility especially strong in the U.S. The company expects steady revenue growth, targeting ₹900 to ₹1,000 crores in standalone revenue for the year. - EBITDA margin guidance is in the range of 12% to 14%, indicating stable operating profitability. - New plants in Mundra and Egypt are expected to enhance manufacturing capabilities and contribute to revenue growth in the near future (Egypt by January 2026, Mundra by March 2026). - Growth drivers include the expanding CNG segment, industrial gases (including new sectors like semiconductors and solar), and defense projects. - Hydrogen is seen as a complementary future growth area, with positive long-term prospects as the ecosystem develops. - International markets, particularly the U.S.
From Everest Kanto Cylinder Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Revenue guidance for standalone business is targeted between ₹900 crore to ₹1,000 crore in the current year.
- Utilization currently at 70%, with potential to increase up to 80%, indicating room for volume growth.
- Growth drivers include continued expansion in the CNG segment and industrial gases sectors.
- New product lines and defense sector projects add to growth prospects.
- Expansion through new plants in Mundra and Egypt, expected to begin commercial production by Q1 and Q2 FY27, enhancing manufacturing capabilities.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Everest Kanto Cylinder Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Ongoing capex in two major plants: Mundra (₹130 crore spent, ₹30 crore balance) and Egypt (₹86 crore spent, ₹40 crore balance).
- Egypt plant expected to start commercialization by January 2026; Mundra plant by March 2026.
- Total capex expected to enhance manufacturing capabilities significantly, supporting wider domestic and international opportunities.
- Expansion expected to support growth in CNG, industrial, and hydrogen markets.
2 more points management made on capital expenditure plans
Top-ranked in Industrial Manufacturing
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Everest Kanto Cylinder Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- The U.S. order book stands at approximately $80 million with an execution timeline of 12-18 months.
- The Egypt plant is expected to contribute around ₹100 crores in revenue, and the Mundra plant approximately ₹200 crores; these are expected to be clearer in coming quarters.
- The UAE order book is improving gradually with positive outlook; margins expected to improve as order book strengthens.
- Overall combined order book across all locations is approximately ₹1,000 crores, executable over the next year.
2 more points management made on order book & pipeline
Everest Kanto Cylinder Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹365 Cr, net profit ₹36 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Everest Kanto Cylinder Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Everest Kanto Cylinder Ltd Q2 FY26 results?
Revenue guidance for standalone business is targeted between ₹900 crore to ₹1,000 crore in the current year. - Utilization currently at 70%, with potential to increase up to 80%, indicating room for volume growth. - Growth drivers include continued expansion in the CNG segment and industrial gases sectors. - New product lines and defense sector projects add to growth prospects. - Expansion through new plants in Mundra and Egypt, expected to begin commercial production by Q1 and Q2 FY27, enhancing manufacturing capabilities. - Order book visibility especially strong in the U.S. The company expects steady revenue growth, targeting ₹900 to ₹1,000 crores in standalone revenue for the year. - EBITDA margin guidance is in the range of 12% to 14%, indicating stable operating profitability. - New plants in Mundra and Egypt are expected to enhance manufacturing capabilities and contribute to revenue growth in the near future (Egypt by January 2026, Mundra by March 2026). - Growth drivers include the expanding CNG segment, industrial gases (including new sectors like semiconductors and solar), and defense projects. - Hydrogen is seen as a complementary future growth area, with positive long-term prospects as the ecosystem develops. - International markets, particularly the U.S.
What is Everest Kanto Cylinder Ltd share price analysis?
Everest Kanto Cylinder Ltd currently shows a neutral. The stock trades at a P/E of 9.3 with a market cap of ₹1,239 Cr. Investors should review the full earnings analysis for detailed insights.
Is Everest Kanto Cylinder Ltd planning capital expenditure?
Ongoing capex in two major plants: Mundra (₹130 crore spent, ₹30 crore balance) and Egypt (₹86 crore spent, ₹40 crore balance).
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.