Everest Kanto Cylinder Limited
Everest Kanto Cylinder Limited, together with its subsidiaries, manufactures and sells gas cylinders in India. The company offers compressed natural gas (CNG) steel, industrial gas, fire extinguisher, fire suppression system, medical application, hydrogen, breathing air, aluminum, jumbo, and type-4 composite cylinders. It also provides equipment, appliances, and tanks, as well as parts and access… Read more
Everest Kanto Cylinder Limited (EKC) - Net Assets
Latest net assets as of September 2025: ₹12.87 Billion INR
Based on the latest financial reports, Everest Kanto Cylinder Limited (EKC) has net assets worth ₹12.87 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹17.11 Billion) and total liabilities (₹4.23 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹12.87 Billion |
| % of Total Assets | 75.25% |
| Annual Growth Rate | 110.41% |
| 5-Year Change | 92.02% |
| 10-Year Change | 251.33% |
| Growth Volatility | 2659793.19 |
Everest Kanto Cylinder Limited - Net Assets Trend (2005–2025)
This chart illustrates how Everest Kanto Cylinder Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Everest Kanto Cylinder Limited (2005–2025)
The table below shows the annual net assets of Everest Kanto Cylinder Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹12.06 Billion | +9.65% |
| 2024-03-31 | ₹11.00 Billion | +10.08% |
| 2023-03-31 | ₹9.99 Billion | +10.69% |
| 2022-03-31 | ₹9.03 Billion | +43.73% |
| 2021-03-31 | ₹6.28 Billion | +16.84% |
| 2020-03-31 | ₹5.38 Billion | +3.85% |
| 2019-03-31 | ₹5.18 Billion | +16.60% |
| 2018-03-31 | ₹4.44 Billion | +6.31% |
| 2017-03-31 | ₹4.18 Billion | +21.65% |
| 2016-03-31 | ₹3.43 Billion | -21.51% |
| 2015-03-31 | ₹4.38 Billion | -16.13% |
| 2014-03-31 | ₹5.22 Billion | -16.25% |
| 2013-03-31 | ₹6.23 Billion | -23.86% |
| 2012-03-31 | ₹8.18 Billion | +7.91% |
| 2011-03-31 | ₹7.58 Billion | +12203995.50% |
| 2010-03-31 | ₹62.12K | +0.25% |
| 2009-03-31 | ₹61.96K | +29.19% |
| 2008-03-31 | ₹47.96K | +58.61% |
| 2007-03-31 | ₹30.24K | +100.36% |
| 2006-03-31 | ₹15.09K | +261.94% |
| 2005-03-31 | ₹4.17K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Everest Kanto Cylinder Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 259126961.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹7.70 Billion | 63.79% |
| Common Stock | ₹224.40 Million | 1.86% |
| Other Comprehensive Income | ₹1.67 Billion | 13.80% |
| Other Components | ₹2.48 Billion | 20.55% |
| Total Equity | ₹12.06 Billion | 100.00% |
Everest Kanto Cylinder Limited Competitors by Market Cap
The table below lists competitors of Everest Kanto Cylinder Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BIT Mining Limited
NYSE:BTCM
|
$49.25 Million |
|
IG Design Group plc
PINK:IGDFF
|
$49.25 Million |
|
Hsin Kao Gas Co Ltd
TW:9931
|
$49.25 Million |
|
SanDi Properties Co Ltd
TW:1438
|
$49.25 Million |
|
EVISO SPA
F:6Z8
|
$49.22 Million |
|
Chino Commercial Bancorp
PINK:CCBC
|
$49.22 Million |
|
Paxman AB
PINK:PXMBF
|
$49.22 Million |
|
Tata Steel (Thailand) Public Company Limited
BK:TSTH
|
$49.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Everest Kanto Cylinder Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,005,721,000 to 12,064,000,000, a change of 1,058,279,000 (9.6%).
- Net income of 979,300,000 contributed positively to equity growth.
- Dividend payments of 78,300,000 reduced retained earnings.
- Other comprehensive income increased equity by 143,493,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹979.30 Million | +8.12% |
| Dividends Paid | ₹78.30 Million | -0.65% |
| Other Comprehensive Income | ₹143.49 Million | +1.19% |
| Other Changes | ₹13.79 Million | +0.11% |
| Total Change | ₹- | 9.62% |
Book Value vs Market Value Analysis
This analysis compares Everest Kanto Cylinder Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.97x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 301227.41x to 0.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹0.00 | ₹104.67 | x |
| 2006-03-31 | ₹0.02 | ₹104.67 | x |
| 2007-03-31 | ₹0.00 | ₹104.67 | x |
| 2008-03-31 | ₹0.00 | ₹104.67 | x |
| 2009-03-31 | ₹0.00 | ₹104.67 | x |
| 2010-03-31 | ₹0.00 | ₹104.67 | x |
| 2011-03-31 | ₹71.61 | ₹104.67 | x |
| 2012-03-31 | ₹76.34 | ₹104.67 | x |
| 2013-03-31 | ₹58.13 | ₹104.67 | x |
| 2014-03-31 | ₹48.68 | ₹104.67 | x |
| 2015-03-31 | ₹40.83 | ₹104.67 | x |
| 2016-03-31 | ₹32.04 | ₹104.67 | x |
| 2017-03-31 | ₹37.23 | ₹104.67 | x |
| 2018-03-31 | ₹39.54 | ₹104.67 | x |
| 2019-03-31 | ₹46.14 | ₹104.67 | x |
| 2020-03-31 | ₹47.99 | ₹104.67 | x |
| 2021-03-31 | ₹55.99 | ₹104.67 | x |
| 2022-03-31 | ₹80.45 | ₹104.67 | x |
| 2023-03-31 | ₹89.04 | ₹104.67 | x |
| 2024-03-31 | ₹98.08 | ₹104.67 | x |
| 2025-03-31 | ₹107.55 | ₹104.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Everest Kanto Cylinder Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.49%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.34x
- Recent ROE (8.12%) is above the historical average (6.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 34.24% | 10.79% | 1.07x | 2.97x | ₹1.01K |
| 2006 | 22.19% | 14.22% | 0.94x | 1.67x | ₹1.84K |
| 2007 | 23.73% | 18.91% | 0.80x | 1.56x | ₹4.15K |
| 2008 | 22.47% | 20.38% | 0.59x | 1.87x | ₹5.98K |
| 2009 | 23.26% | 16.83% | 0.59x | 2.34x | ₹8.22K |
| 2010 | 2.07% | 1.97% | 0.51x | 2.06x | ₹-4.93K |
| 2011 | 9.26% | 9.04% | 0.60x | 1.70x | ₹-55.99 Million |
| 2012 | 0.57% | 0.69% | 0.48x | 1.73x | ₹-771.22 Million |
| 2013 | -21.16% | -24.28% | 0.42x | 2.08x | ₹-1.94 Billion |
| 2014 | -26.48% | -28.16% | 0.40x | 2.34x | ₹-1.90 Billion |
| 2015 | -22.34% | -20.69% | 0.41x | 2.61x | ₹-1.41 Billion |
| 2016 | -36.14% | -24.54% | 0.49x | 3.03x | ₹-1.58 Billion |
| 2017 | 18.84% | 13.96% | 0.50x | 2.68x | ₹369.21 Million |
| 2018 | 5.27% | 4.37% | 0.57x | 2.12x | ₹-210.05 Million |
| 2019 | 11.34% | 8.42% | 0.68x | 1.98x | ₹69.16 Million |
| 2020 | 0.55% | 0.39% | 0.73x | 1.93x | ₹-508.61 Million |
| 2021 | 14.33% | 9.49% | 0.91x | 1.67x | ₹272.15 Million |
| 2022 | 29.38% | 15.61% | 1.32x | 1.43x | ₹1.75 Billion |
| 2023 | 7.62% | 5.97% | 0.93x | 1.37x | ₹-237.63 Million |
| 2024 | 9.02% | 8.11% | 0.87x | 1.28x | ₹-108.29 Million |
| 2025 | 8.12% | 6.49% | 0.93x | 1.34x | ₹-227.10 Million |
Industry Comparison
This section compares Everest Kanto Cylinder Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $13,652,920,800
- Average return on equity (ROE) among peers: 9.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Everest Kanto Cylinder Limited (EKC) | ₹12.87 Billion | 34.24% | 0.33x | $49.22 Million |
| Aaron Industries Limited (AARON) | $158.89 Million | 23.34% | 0.87x | $9.17 Million |
| Ador Welding Limited (ADORWELD) | $2.35 Billion | 7.84% | 0.61x | $74.72 Million |
| Affordable Robotic & Automation Limited (AFFORDABLE) | $1.13 Billion | 5.71% | 1.11x | $15.98K |
| AIA Engineering Limited (AIAENG) | $10.59 Billion | 17.34% | 0.50x | $1.30 Billion |
| The Anup Engineering Limited (ANUP) | $3.93 Billion | 15.77% | 0.34x | $185.19 Million |
| ATAM VALVES ORD (BSE) (ATAM) | $43.62 Million | 14.95% | 2.96x | $3.43 Million |
| Azad Engineering Limited (AZAD) | $13.93 Billion | 6.27% | 0.34x | $468.30 Million |
| Bharat Heavy Electricals Limited (BHEL) | $52.96 Billion | 12.43% | 1.30x | $4.21 Billion |
| Cummins India Limited (CUMMINSIND) | $42.83 Billion | 17.34% | 0.41x | $7.17 Billion |
| Diamond Power Infrastructure Limited (DIACABS) | $8.61 Billion | -21.42% | 2.62x | $116.63 Million |