Everest Industries Limited

Building solutions for commercial and residential sectors through roofing, boards, panels, and steel buildings.

1934 | Nashik, Maharashtra (India) | Active
Last Updated: June 24, 2024

Everest Industries Profile

Key Indicators

  • Authorised Capital ₹ 17.05 Cr
  • Paid Up Capital ₹ 15.79 Cr
  • Company Age 90 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 595.00 Cr
  • Satisfied Charges ₹ 518.32 Cr
  • Revenue Growth 21.23%
  • Profit Growth -2.09%
  • Ebitda -0.95%
  • Net Worth 7.38%
  • Total Assets 7.05%

About Everest Industries

Everest Industries Limited (EIL) was founded in India on 03 April 1934 and has a glorious history of 90 years and ten months. Its registered office is in Nashik, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 508906 and on the National Stock Exchange(NSE) under EVERESTIND.

The Corporate was formerly known as Asbestos Cement Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 17.05 Cr and a paid-up capital of Rs 15.79 Cr.

The company currently has active open charges totaling ₹595.00 Cr. The company has closed loans amounting to ₹518.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Everest Industries Limited India are Pramod Nair as CFO and Amruta Paranjape as Company Secretary. Rajendra Chitale, Anant Talaulicar, Padmini Somani, and Five other members serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    everestind.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74999MH1934PLC002093

  • Company No.

    002093

  • Stock Symbol

    BSE : 508906 NSE : EVERESTIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 1934

  • Date of AGM

    22 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Everest Industries Limited offer?

Everest Industries Limited offers a wide range of products and services, including Common Disease Medicines, Antihistamines, Roofing and False ceiling, Roofing Sheets, Prefabricated Structures, Prefabricated Buildings, Tiles Work, Tile Flooring Services, Asbestos Cement Sheet, Polycarbonate Sheet.

Who are the key members and board of directors at Everest Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Rajesh Joshi Country flag representing In Managing Director01-Sep-2020Current
Pramod Nair Country flag representing In CFO11-May-2021Current
Amruta Paranjape Country flag representing In Company Secretary01-Apr-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Murari Gupta Country flag representing In Director 08-Jul-2002Current
Ashok Barat Country flag representing In Additional Director 15-Apr-2024Current
Alok Nanda Country flag representing In Director 23-Jan-2019Current
Rajendra Chitale Country flag representing In Director 23-Jan-2019Current
Anant Talaulicar Country flag representing Us Director 21-Nov-2019Current
Padmini Somani Country flag representing In Director 26-Feb-2019Current

Financial Performance of Everest Industries.

Everest Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.23% increase. The company also saw a slight decrease in profitability, with a 2.09% decrease in profit. The company's net worth moved up by a moderate rise of 7.38%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.23%
Revenue from Operations
20.85%
Total Assets
7.05%
Profit or Loss
-2.09%
Net Worth
7.38%
EBITDA
-0.95%

What is the Ownership and Shareholding Structure of Everest Industries?

In 2023, Everest Industries had a promoter holding of 50.42% and a public holding of 49.58%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹595.00 Cr

Satisfied Charges

₹518.32 Cr

Charges Breakdown by Lending Institutions

  • Others : 347.00 Cr
  • Hdfc Bank Limited : 150.00 Cr
  • Icici Bank Ltd. : 98.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jul 2016Others₹10.00 CrOpen
01 Aug 2011Others₹92.00 CrOpen
05 Nov 2008Hdfc Bank Limited₹150.00 CrOpen
18 Oct 2008Icici Bank Ltd.₹98.00 CrOpen
10 Dec 2007Others₹135.00 CrOpen

How Many Employees Work at Everest Industries?

Everest Industries has a workforce of 1427 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Everest Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Everest Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Everest Industries

Recent activity within the organization

  • Director Appointment

    Ashok Kumar Barat was appointed as a Additional Director was appointed as a Additional Director on 15 Apr 2024 & has been associated with this company since 10 months 7 days .

    15 Apr 2024

  • Director Appointment

    Bijal Tushar Ajinkya was appointed as a Additional Director was appointed as a Additional Director on 15 Apr 2024 & has been associated with this company since 10 months 7 days .

    15 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 150.00 Cr registered on 05 Nov 2008 with Charge ID 10133157 was modified on 29 Dec 2023.

    29 Dec 2023

  • Annual General Meeting

    Everest Industries Limited last Annual general meeting of members was held on 22 Aug 2023 as per latest MCA records.

    22 Aug 2023

  • Balance Sheet

    Everest Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 135.00 Cr registered on 10 Dec 2007 with Charge ID 10080917 was modified on 11 Nov 2022.

    11 Nov 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Everest Industries Limited was incorporated on 03 Apr 1934.

  • The authorized share capital of Everest Industries Limited is ₹ 17.05 Cr and paid-up capital is ₹ 15.79 Cr.

  • Currently 10 directors are associated with Everest Industries Limited.

    • Rajendra Prabhakar Chitale
    • Anant Jaivant Talaulicar
    • Padmini Aditya Vikram Somani
    • Murari Lal Gupta
    • Ashok Kumar Barat
    • Bijal Tushar Ajinkya
    • Alok Mahinder Nanda
    • Rajesh Arvind Joshi
    • Pramod Nair
    • Amruta Jayant Paranjape
  • As per Ministry of Corporate Affairs (Mca), the registered address of Everest Industries Limited is Gat No 152, Lakhmapur Taluka Dindori, Nashik, Maharashtra, India, 422202.

  • The corporate identification number (CIN) of Everest Industries Limited is L74999MH1934PLC002093 and the company number is 002093 as per Ministry of Corporate Affairs (MCA).

  • Yes, Everest Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): EVERESTIND.

  • The Official website of Everest Industries Limited is https://www.everestind.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Everest Industries Limited has risen by 21.23%.

  • As Per 2023 financial reports, 1427 employees are currently employed by Everest Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Everest Industries Limited has experienced an upsurge of 7.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Everest Industries Limited amount to ₹ 595.00 Cr.

  • The most recent Balance Sheet for Everest Industries Limited was filed with the ROC on 31 Mar 2023.

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