Integrated Filing — IndAS



General information about company

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 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 27-07-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 17-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First 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
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 27-07-2026   16:00:00
End date and time of board meeting 27-07-2026   18:30:00
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.



Financial Results Ind-AS

Amount in (Lakhs)

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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 41,869.71 41,869.71
Other income 506.93 506.93
Total income 42,376.64 42,376.64
2 Expenses
(a) Cost of materials consumed 21,345.48 21,345.48
(b) Purchases of stock-in-trade 204.86 204.86
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 2,314.42 2,314.42
(d) Employee benefit expense 3,410.29 3,410.29
(e) Finance costs 371.35 371.35
(f) Depreciation, depletion and amortisation expense 812.71 812.71
(f) Other Expenses
1 Other Expenses 10,206.92 10,206.92
Total other expenses 10,206.92 10,206.92
Total expenses 38,666.03 38,666.03
3 Total profit before exceptional items and tax 3,710.61 3,710.61
4 Exceptional items 9,125.42 9,125.42
5 Total profit before tax 12,836.03 12,836.03
6 Tax expense
7 Current tax 1,690.37 1,690.37
8 Deferred tax 373.67 373.67
9 Total tax expenses 2,064.04 2,064.04
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 10,771.99 10,771.99
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 10,771.99 10,771.99
17 Other comprehensive income net of taxes 76.28 76.28
18 Total Comprehensive Income for the period 10,848.27 10,848.27
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 67.94 67.94
Diluted earnings (loss) per share from continuing operations 67.94 67.94
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 67.94 67.94
Diluted earnings (loss) per share from continuing and discontinued operations 67.94 67.94
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 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 27 July 2026. The Statutory Auditors have carried out limited review of the standalone financial results of the Company for the quarter ended 30 June 2026, 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 figures for the quarter ended 31 March 2026 are the balancing figures between audited figures in respect of the full financial year and the published unaudited year to date figures upto the end of third quarter of the financial year. Figures upto the end of third quarter were only reviewed and not subjected to audit. 3. During the quarter ended 30 June 2026, the Company sold its property at Podanur resulting in a profit of Rs. 9,615.42 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 2026. 4. The Board of Directors of wholly owned subsidiary viz. Everest Steel Building Private Limited, in their meeting held on July 3, 2026, re-assessed the feasibility of CAPEX investment plans and in view of business considerations, decided to withdraw the CAPEX plan for setting up a new manufacturing facility for Pre Engineered Steel Buildings (PEB) including the surrender of allocated land. Accordingly, basis the management’s internal assessment in this regard, an impairment loss of Rs. 489.00 lakhs on the inter corporate deposit given and Rs. 1.00 lakh on Investment in the subsidiary, has been recognised during the quarter ended 30 June 2026 and has been disclosed as an exceptional item in the financial results. 5. On 21 November 2025, 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) . The Company had evaluated the impact of increased employee benefit obligations arising from the implementation of the Labour Codes in consultation with external experts. Accordingly, the Company had 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 year ended March 31, 2026. 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. 6. Based on an independent valuation assessment and management’s internal assessment as regard Everest Buildpro Pvt Ltd., the Company’s wholly owned subsidiary, during the quarter and year ended 31 March 2026, the Company had recognised an Impairment loss of Rs. 2,870.00 lakhs which is disclosed as an exceptional item in the financial results. This loss comprises Rs. 1,500.88 lakhs recognised on the Company’s investment in equity shares of the subsidiary and Rs. 1,369.12 lakhs in respect of the inter corporate deposit granted by the Company to the subsidiary. 7. During the year ended 31 March 2026, 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.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

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 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
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 35,643.91 35,643.91
2 Steel Buildings 6,225.80 6,225.80
Total Segment Revenue 41,869.71 41,869.71
Less: Inter segment revenue 0.00 0.00
Revenue from operations 41,869.71 41,869.71
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Building Products 5,671.69 5,671.69
2 Steel Buildings (310.17) (310.17)
Total Profit before tax 5,361.52 5,361.52
i. Finance cost 371.35 371.35
ii. Other Unallocable Expenditure net off Unallocable income (7,846.86) (7,846.86)
Profit before tax 12,837.03 12,837.03
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Building Products 59,298.37 59,298.37
2 Steel Buildings 22,309.66 22,309.66
Total Segment Asset 81,608.03 81,608.03
Un-allocable Assets 37,414.21 37,414.21
Net Segment Asset 1,19,022.24 1,19,022.24
4 Segment Liabilities
Segment Liabilities
1 Building Products 23,681.41 23,681.41
2 Steel Buildings 11,821.94 11,821.94
Total Segment Liabilities 35,503.35 35,503.35
Un-allocable Liabilities 20,313.92 20,313.92
Net Segment Liabilities 55,817.27 55,817.27
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
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 on defined benefit plans 101.93 101.93
Total Amount of items that will not be reclassified to profit and loss 101.93
2 Income tax relating to items that will not be reclassified to profit or loss 25.65 25.65
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 0.00 0.00
5 Total Other comprehensive income 76.28 76.28