Everest Industries Limited Earnings Summary — Q1 FY2027
Everest Industries Returns to Profitability Driven by One-time Exceptional Asset Sale
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 3 consecutive quarters.
- Revenue of ₹436 Cr is 13.0% lower year-on-year.
- Revenue has compounded at 0.4% annualised over the last 10 quarters.
- Net profit has reached its highest level in 10 quarters.
- Net profit of ₹102 Cr is 6163.2% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 1776.7% annualised across the period.
- Operating margin stands at 10.1% in Q1 FY2027.
- Operating margin expanded by 684 bps year-on-year.
- Over the last two years operating margin has expanded by 498 bps.
- PBT margin is 28.2%.
- Expense growth of -19.1% remained below revenue growth of -13.0%.
- Operating profit of ₹44 Cr is 169.1% higher year-on-year.
- Operating leverage continues to improve.
- 1 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 68/100 (Healthy) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Accelerating | 436 | 327 | 283 | 306 | 501 | 453 | 371 | 377 | 522 | 432 |
| Expenses | Stable | 392 | 353 | 302 | 315 | 484 | 442 | 377 | 379 | 495 | 417 |
| Operating Profit | Volatile | 44 | -26 | -19 | -9 | 16 | 10 | -6 | -2 | 27 | 15 |
| Operating Margin | Volatile | 10.1% | -8.0% | -6.8% | -2.9% | 3.3% | 2.3% | -1.5% | -0.5% | 5.1% | 3.4% |
| Other Income | Volatile | 94 | 5 | -12 | 2 | 3 | 14 | 1 | 2 | 9 | 2 |
| Interest | Improving | 6 | 9 | 7 | 7 | 6 | 7 | 6 | 6 | 4 | 4 |
| Depreciation | Stable | 10 | 11 | 10 | 10 | 10 | 12 | 9 | 9 | 9 | 8 |
| Profit Before Tax | Volatile | 123 | -42 | -48 | -25 | 3 | 6 | -20 | -15 | 22 | 3 |
| Tax | Volatile | 21 | 5 | -10 | -7 | 2 | -2 | -4 | -3 | 7 | -2 |
| Net Profit | Volatile | 102 | -47 | -38 | -18 | 2 | 8 | -15 | -12 | 16 | 5 |
| Net Margin | Volatile | 23.4% | -14.4% | -13.4% | -5.9% | 0.3% | 1.7% | -4.2% | -3.1% | 3.0% | 1.3% |
Key Takeaways
- Everest Industries reported a return to consolidated net profit of ₹10,209 Lakhs, though this was primarily driven by a ₹9,615 Lakh exceptional gain from the sale of property at Podanur.
- Core revenue from operations declined 13% year-on-year to ₹43,588 Lakhs, reflecting continued pressure in the market despite seasonal recovery from the previous quarter.
- The Building Products segment remains the primary profit driver with a segment result of ₹5,533 Lakhs, whereas the Steel Buildings segment continues to report operating losses at -₹314 Lakhs.
- Management has officially withdrawn major CAPEX investment plans for a new Fibre Cement Boards plant and a PEB manufacturing facility, recognizing related impairment and scrap provisions.
- Consolidated operational performance before exceptional items showed recovery to a profit before tax of ₹3,147 Lakhs compared to a loss of ₹4,208 Lakhs in the immediate prior quarter.
- Exceptional items for the quarter included a large gain from property sale offset by ₹487 Lakhs in provisions related to the withdrawal of subsidiary capex plans.
Management Guidance
Management has re-assessed the feasibility of its prior expansion plans and decided to withdraw CAPEX for new manufacturing facilities for both Fibre Cement Boards and Pre-Engineered Steel Buildings to preserve business stability.
Sentiment Shift
Improving
While revenue remains lower than the previous year, the return to positive operating profit before exceptional items and the large cash-accretive asset sale provide a liquidity buffer after a dismal FY2026.
Outlook
The company is focusing on balance sheet repair and cost rationalization following the withdrawal of major expansion plans, with segment profitability dependent on a turnaround in the sluggish Steel Buildings division.
From the Annual Report (Key Quotes)
“The Board... re-assessed the feasibility of CAPEX investment plans and in view of business considerations, decided to withdraw the CAPEX plan.”
“Profit for the period includes an exceptional gain of ₹9,615.42 Lakhs from the sale of property at Podanur.”
“Revenue from operations stands at ₹43,588.21 Lakhs against ₹50,071.97 Lakhs in the corresponding quarter of the previous year.”
Official Quarterly Documents
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This summary is AI-generated from Everest Industries Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.