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 Consolidated
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



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 Consolidated Consolidated
1 Income
Revenue from operations 43,588.21 43,588.21
Other income 280.07 280.07
Total income 43,868.28 43,868.28
2 Expenses
(a) Cost of materials consumed 22,198.18 22,198.18
(b) Purchases of stock-in-trade 234.14 234.14
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 2,206.27 2,206.27
(d) Employee benefit expense 3,635.29 3,635.29
(e) Finance costs 562.31 562.31
(f) Depreciation, depletion and amortisation expense 984.16 984.16
(f) Other Expenses
1 Other Expenses 10,900.49 10,900.49
Total other expenses 10,900.49 10,900.49
Total expenses 40,720.84 40,720.84
3 Total profit before exceptional items and tax 3,147.44 3,147.44
4 Exceptional items 9,127.78 9,127.78
5 Total profit before tax 12,275.22 12,275.22
6 Tax expense
7 Current tax 1,690.37 1,690.37
8 Deferred tax 375.51 375.51
9 Total tax expenses 2,065.88 2,065.88
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 10,209.34 10,209.34
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 10,209.34 10,209.34
17 Other comprehensive income net of taxes 86.38 86.38
18 Total Comprehensive Income for the period 10,295.72 10,295.72
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
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 64.39 64.39
Diluted earnings (loss) per share from continuing operations 64.39 64.39
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 64.39 64.39
Diluted earnings (loss) per share from continuing and discontinued operations 64.39 64.39
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1.The above Consolidated 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 consolidated 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 June 30 2026, the Group 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. 4Subsequent to quarter ended June 30 2026, the Board of Directors of wholly owned subsidiary viz. Everest Buildpro Private Limited, in their meeting held on July 3, 2026, re-assessed the feasibility of the CAPEX investment plans and in view of business considerations, decided to withdraw the CAPEX plan for setting up a new Fibre Cement Boards plant including surrender of allocated land. Consequently, during the quarter ended June 30, 2026, the Group has recognised provision aggregating to Rs. 125.00 lakhs which is disclosed as an exceptional item in the financial results. 5.Subsequent to quarter ended June 30, 2026, 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 the 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 surrender of the allocated land. Consequently, for the quarter ended June 30, 2026, the Group has written off of pre-operative expenses and recognised other provisions aggregating to Rs. 362.64 lakhs which is disclosed as an exceptional item in the financial results. 6On 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 Group had evaluated the impact of increased employee benefit obligations arising from the implementation of the Labour Codes in consultation with external experts. Accordingly, the Group had recognised an additional charge of Rs.1,668.84 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. 7During the year ended 31 March 2026, the Holding 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 Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Building Products 37,362.41 37,362.41
2 Steel Buildings 6,225.80 6,225.80
Total Segment Revenue 43,588.21 43,588.21
Less: Inter segment revenue 0.00 0.00
Revenue from operations 43,588.21 43,588.21
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Building Products 5,533.39 5,533.39
2 Steel Buildings (314.64) (314.64)
Total Profit before tax 5,218.75 5,218.75
i. Finance cost 562.31 562.31
ii. Other Unallocable Expenditure net off Unallocable income (7,618.78) (7,618.78)
Profit before tax 12,275.22 12,275.22
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Building Products 76,734.47 76,734.47
2 Steel Buildings 22,471.59 22,471.59
Total Segment Asset 99,206.06 99,206.06
Un-allocable Assets 28,292.93 28,292.93
Net Segment Asset 1,27,498.99 1,27,498.99
4 Segment Liabilities
Segment Liabilities
1 Building Products 35,704.12 35,704.12
2 Steel Buildings 11,865.19 11,865.19
Total Segment Liabilities 47,569.31 47,569.31
Un-allocable Liabilities 20,126.96 20,126.96
Net Segment Liabilities 67,696.27 67,696.27
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 Consolidated Consolidated
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 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
1 Foreign currency translation reserve 10.10 10.10
Total Amount of items that will be reclassified to profit and loss 10.10
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 86.38 86.38