Conference Call with Everest Kanto Cylinder Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Industrial Products company Everest Kanto Cylinder announced Q2FY25 results Standalone Financial Highlights: Income from operations: Rs 238.8 crore compared to Rs 182.3 crore during Q2FY24. EBITDA: Rs 22.2 crore compared to Rs 22.8 crore during Q2FY24. EBITDA Margin: 9.3% for Q2FY25. PBT: Rs 18.2 crore compared to Rs 17.9 crore during Q2FY24. PBT Margin: 7.6% for Q2FY25. PAT: Rs 13.4 crore compared to Rs 14.1 crore during Q2FY24. PAT Margin: 5.6% for Q2FY25. Consolidated Financial Highlights: Income from operations: Rs 367.3 crore compared to Rs 299.3 crore during Q2FY24. EBITDA: Rs 53.1 crore compared to Rs 41.3 crore during Q2FY24. EBITDA Margin: 14.5% for Q2FY25. PBT: Rs 44.6 crore compared to Rs 30.0 crore during Q2FY24. PBT Margin: 12.1% for Q2FY25. PAT: Rs 38.6 crore compared to Rs 26.3 crore during Q2FY24. PAT Margin: 10.5% for Q2FY25. Pushkar Khurana, Chairman, and Mr. Puneet Khurana, Managing Director, said: “We are pleased to report a strong performance in Q2 FY25, with notable contributions from our international markets. Our growth in EBITDA and PAT highlights the sustained demand for our products and the favorable global market environment. In India, the outlook for seamless gas cylinders is encouraging. With strong governmental support for eco-friendly initiatives, including the promotion of natural gas and infrastructure development, the adoption of CNG vehicles is steadily increasing. The extensive rollout of the CNG distribution network across the country reinforces CNG's importance in India's transportation sector, boosting demand for seamless cylinders. India's commitment to sustainable energy is reflected in private sector plans to establish multiple biomass-to-CNG plants. With CNG already recognized as a cleaner alternative to petrol and diesel, the increasing integration of bio-gas will make it an even more sustainable and accessible fuel choice. This development aligns with India’s green energy goals and its target of achieving net-zero emissions by 2070, positioning CNG as a future-ready fuel that meets the nation’s evolving energy needs while reducing dependency on imported fossil fuels. Looking ahead, our advanced manufacturing facilities in Egypt and Mundra, India, are progressing as planned and are expected to be operational in upcoming quarters. With our established leadership position and a solid financial foundation, we are well-prepared to capitalize on these growth opportunities and sustain our momentum in the years to come." Result PDF