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Everest Kanto Cylinder Limited (IN:EKC)
:EKC
India Market
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Everest Kanto Cylinder Limited (EKC) AI Stock Analysis

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IN:EKC

Everest Kanto Cylinder Limited

(EKC)

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Neutral 64 (OpenAI - Gpt-5.6Sol)
Rating:64Neutral
Price Target:
₹121.00
▲(15.46% Upside)
Action:Reiterated
Date:09/24/26
The score is primarily driven by stable solvency and low leverage, tempered by inconsistent operating/FCF generation and uneven revenue/margin performance. Technically the stock is in an upward trend versus key moving averages but with mixed momentum signals (negative MACD). Valuation is a relative positive due to the ~10x P/E, though the dividend yield is modest.
Positive Factors
Conservative leverage
Conservative leverage and a growing equity base provide financial resilience across the next several quarters. Limited reliance on debt should help EKC preserve borrowing capacity, absorb operating volatility, and fund necessary investment without excessive interest or refinancing pressure.
Negative Factors
Uneven revenue trend
Repeated revenue declines after the 2022 peak indicate that demand and pricing cycles have not been consistently favorable. This uneven top-line performance can make capacity planning harder, limit operating leverage, and reduce confidence in sustained near-term growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
Conservative leverage and a growing equity base provide financial resilience across the next several quarters. Limited reliance on debt should help EKC preserve borrowing capacity, absorb operating volatility, and fund necessary investment without excessive interest or refinancing pressure.
Read all positive factors

Everest Kanto Cylinder Limited (EKC) vs. iShares MSCI India ETF (INDA)

Everest Kanto Cylinder Limited Business Overview & Revenue Model

Company Description
Everest Kanto Cylinder Limited, alongside its associated companies, operates primarily from India, focusing on the production and global distribution of a wide variety of cylinders. Their extensive product range encompasses specialized steel cylin...
How the Company Makes Money
EKC primarily makes money by manufacturing and selling high-pressure cylinders and related gas containment products to customers who need to store, transport, or distribute compressed gases. Its core revenue stream is the sale of gas cylinders (in...

Everest Kanto Cylinder Limited Financial Statement Overview

Summary
Balance sheet strength (low leverage and steady equity growth) supports stability, but this is offset by volatile revenue/margins since the 2022 peak and weaker cash quality: operating cash flow lagged net income in 2025–2026 and free cash flow was negative in both periods.
Income Statement
62
Positive
Balance Sheet
78
Positive
Cash Flow
46
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue14.30B14.71B15.09B12.23B12.74B16.99B
Gross Profit4.75B4.21B6.09B3.36B5.44B5.18B
EBITDA1.84B2.24B1.86B1.64B1.48B4.20B
Net Income1.25B1.47B979.30M992.28M761.43M2.65B
Balance Sheet
Total Assets0.0018.94B16.14B14.13B13.73B12.91B
Cash, Cash Equivalents and Short-Term Investments1.53B1.53B1.40B1.06B347.02M482.38M
Total Debt0.002.67B1.70B654.54M1.19B1.27B
Total Liabilities-14.00B4.94B4.08B3.13B3.73B3.88B
Stockholders Equity14.00B14.00B12.06B11.01B9.99B9.03B
Cash Flow
Free Cash Flow-247.80M-411.50M-632.80M1.60B229.00M834.35M
Operating Cash Flow523.30M1.32B580.10M2.26B1.06B1.65B
Investing Cash Flow-1.12B-2.03B-1.20B-1.21B-786.60M-603.62M
Financing Cash Flow69.90M427.80M767.00M-736.36M-426.00M-1.13B

Everest Kanto Cylinder Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price104.80
Price Trends
50DMA
107.29
Negative
100DMA
110.84
Negative
200DMA
111.71
Negative
Market Momentum
MACD
0.22
Negative
RSI
49.68
Neutral
STOCH
59.79
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EKC, the sentiment is Negative. The current price of 104.8 is above the 20-day moving average (MA) of 104.35, below the 50-day MA of 107.29, and below the 200-day MA of 111.71, indicating a neutral trend. The MACD of 0.22 indicates Negative momentum. The RSI at 49.68 is Neutral, neither overbought nor oversold. The STOCH value of 59.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:EKC.

Everest Kanto Cylinder Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
64
Neutral
₹11.91B9.48―0.66%-7.34%3.13%
63
Neutral
₹42.31B33.51―0.22%12.19%-1.62%
62
Neutral
₹88.57B33.97―0.88%9.81%24.53%
58
Neutral
₹64.90B87.33―0.14%13.91%73.54%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
55
Neutral
₹140.38B1.59―0.54%4.63%-4.40%
54
Neutral
₹31.29B37.01―0.77%1.40%-29.77%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:EKC
Everest Kanto Cylinder Limited
106.10
-37.55
-26.14%
IN:ANUP
Anup Engineering Ltd.
1,562.05
-750.13
-32.44%
IN:GMMPFAUDLR
GMM Pfaudler Limited
1,443.65
401.51
38.53%
IN:KIRLPNU
Kirloskar Pneumatic Co. Ltd.
681.70
76.51
12.64%
IN:KSB
KSB Ltd.
806.60
-3.45
-0.43%
IN:PITTIENG
Pitti Engineering Ltd.
1,123.75
129.63
13.04%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 24, 2026