Results - Announcements
Everest Industries Ltd share price softened by 1.25% to Rs 477.25 after the company's net profit witnessed a sharp fall of 97.97% to Rs 2.07 crore, while revenue from operations nosedived 26.91% to Rs 318.58 crore in Q3FY26 over Q2FY26.
The market capitalization of Other Construction Materials industry group stocks on BSE stood at Rs 12174.67 crore, gaining 0.82%. It has eased by 4.75% over last one week and edged lower by 0.17% in last one month while the market capitalization of Everest Industries Ltd has slipped by 2.44% and 11.35% in the same period respectively.
Profit before tax (PBT) of Everest Industries Ltd stood at Rs 9.22 crore in Q3 FY26, plunging by 137.25% year-on-year, and crashing by 92.49% quarter-on-quarter. EBITDA came in at Rs 16 crore, tumbling by 254.50% YoY and nosediving by 60.16% sequentially.
Total expenses saw a steep drop of 23.43% to Rs 307.47 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 170.84 crore, registering a fall of 23.03% YoY, while employee benefits expense was at Rs 38.88 crore, easing 6.96% YoY.
For the TTM ended FY26, revenue from operations declined by 17.75% to Rs 1417.0 crore, while net profit surged by 2724.72% to Rs 101.69 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 1633% to Rs 49.44 crore, and PBT soared 1670.16% to Rs 111.52 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 108.56 crore in FY26, as against Rs 90.23 crore in FY25.
Everest Industries Ltd tumbled by 27.63% in last one year, underperforming the benchmark BSE Sensex which has slipped by 13.52% during the same period.