| Scrip Code | 508906 |
|---|---|
| NSE Symbol | EVERESTIND |
| MSEI Symbol | NOTLISTED |
| ISIN | INE295A01018 |
| Name of company | Everest Industries Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 06-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 29-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 06-02-2026 14:00:00 |
| End date and time of board meeting | 06-02-2026 16:45:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| There was no deafult on Loans and Debt Securities. | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 26,883.42 | 1,04,422.31 | |
| Other income | 445.97 | 1,445.81 | |
| Total income | 27,329.39 | 1,05,868.12 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 14,586.95 | 57,090.93 |
| (b) | Purchases of stock-in-trade | 111.63 | 475.10 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 1,783.71 | 6,451.36 |
| (d) | Employee benefit expense | 3,561.12 | 11,321.04 |
| (e) | Finance costs | 495.61 | 1,468.16 |
| (f) | Depreciation, depletion and amortisation expense | 809.97 | 2,460.44 |
| (f) | Other Expenses | ||
| 1 | Other expenses | 8,710.51 | 30,062.10 |
| Total other expenses | 8,710.51 | 30,062.10 | |
| Total expenses | 30,059.50 | 1,09,329.13 | |
| 3 | Total profit before exceptional items and tax | (2,730.11) | (3,461.01) |
| 4 | Exceptional items | (1,329.56) | (1,329.56) |
| 5 | Total profit before tax | (4,059.67) | (4,790.57) |
| 6 | Tax expense | ||
| 7 | Current tax | 62.08 | 62.08 |
| 8 | Deferred tax | (949.35) | (1,187.94) |
| 9 | Total tax expenses | (887.27) | (1,125.86) |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | (3,172.40) | (3,664.71) |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | (3,172.40) | (3,664.71) |
| 17 | Other comprehensive income net of taxes | (54.88) | (32.30) |
| 18 | Total Comprehensive Income for the period | (3,227.28) | (3,697.01) |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 1,585.57 | 1,585.57 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | -20.01 | -23.14 | |
| Diluted earnings (loss) per share from continuing operations | -20.01 | -23.14 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | -20.01 | -23.14 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -20.01 | -23.14 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Notes: 1. The above standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 06 February 2026. The Statutory Auditors have carried out limited review of the standalone financial results of the Company for the quarter and nine month ended 31 December 2025, in accordance with Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and have issued an unmodified report on the above results. 2. The Government of India notified the Code on 'Wages, 2019; the Code on Social Security, 2020; the Industrial Relations Code, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively, the Labour Codes) on 21 November 2025. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in Labour Codes. The Company has evaluated the impact of increased employee benefit obligations arising from the implementation of the Labour Codes in consultation with external experts. Accordingly, the Company has recognised an additional charge of Rs.1,634.14 lakhs pertaining to gratuity which is included as an exceptional item in the results for the quarter and nine months ended 31 December 2025. The Company continues to monitor the finalisation of Central/ State Rules and clarifications from the Government on other aspects of the Labour Codes and would provide appropriate accounting effect as and when such clarifications are issued/ rules are notified. 3. During the quarter, the Company sold the office premises situated in Mumbai resulting in a profit of Rs. 304.58 Lakhs which is disclosed as an exceptional item in the results. This property was classified as 'Asset Held for Sale' as at 30 September 2025. 4. Pursuant to the issuance of an Eligibility Certificate to the Company under the Package Scheme of Incentives, 2013 for its Lakhmapur plant expansion, the Company is entitled to receive GST incentives. Accordingly, the Company had recognized income of Rs. 949.63 lakhs in the year ended 31 March 2025, representing GST incentives receivable. Of this amount: (i) Rs.778.92 lakhs pertained to the period from the commencement of production in October 2019 up to 31 March 2024, and was disclosed as an Exceptional Item; and (ii) Rs.170.71 lakhs pertained to the financial year 2024–25 and was included under ‘Revenue from Operations’. 5. During the nine month ended 31 December 2024, the Company sold its property at Noida resulting in a profit of Rs. 383.93 Lakhs and disclosed it as an exceptional item in the results. This property was classified as 'Asset Held for Sale' in the audited balance sheet as of 31 March 2024. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Building products | 19,679.51 | 76,685.66 | ||||
| 2 | Steel buildings | 7,203.91 | 27,736.65 | ||||
| Total Segment Revenue | 26,883.42 | 1,04,422.31 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Revenue from operations | 26,883.42 | 1,04,422.31 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Building products | 950.45 | 4,876.55 | ||||
| 2 | Steel buildings | (1,758.86) | (2,548.66) | ||||
| Total Profit before tax | (808.41) | 2,327.89 | |||||
| i. Finance cost | 495.61 | 1,468.16 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 2,755.65 | 5,650.30 | |||||
| Profit before tax | (4,059.67) | (4,790.57) | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Building products | 67,764.38 | 67,764.38 | ||||
| 2 | Steel buildings | 30,237.14 | 30,237.14 | ||||
| Total Segment Asset | 98,001.52 | 98,001.52 | |||||
| Un-allocable Assets | 19,003.32 | 19,003.32 | |||||
| Net Segment Asset | 1,17,004.84 | 1,17,004.84 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Building products | 19,838.84 | 19,838.84 | ||||
| 2 | Steel buildings | 9,812.78 | 9,812.78 | ||||
| Total Segment Liabilities | 29,651.62 | 29,651.62 | |||||
| Un-allocable Liabilities | 29,061.93 | 29,061.93 | |||||
| Net Segment Liabilities | 58,713.55 | 58,713.55 | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Re-measurement gains/(losses) on defined benefit plans | (73.34) | (43.17) |
| Total Amount of items that will not be reclassified to profit and loss | (73.34) | (43.17) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (18.46) | (10.87) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | ||
| 5 | Total Other comprehensive income | (54.88) | (32.30) |