What we do Everest Industries Ltd manufactures and trades building products including roofing, boards, panels, and pre-engineered steel building components in India and overseas. |
Founded in 1,934 |
Market share Key player with strong presence in Indian building and steel structures market; expanding capacity and overseas footprint. |
Problem solved Provides durable, fire-resistant, and innovative building materials addressing construction industry needs for safety and quality. |
Top clients or who we serve Builders, contractors, and infrastructure developers primarily in B2B segments across domestic and export markets. |
Key management Chairman: Anant Talaulicar; Recent MD & CEO: Rajesh Joshi (till Sep 2025); Incoming MD & CEO: Hemant Khurana. |
Our journey and innovations Pioneered asbestos cement roofing in India (1934), expanded into non-asbestos and fire-resistant products; set up multiple plants and subsidiaries abroad. |
Where we operate Primarily India with growing exports and subsidiaries in UAE and Mauritius serving Middle East markets. |
Top products or what we offer Roofing sheets, fibre cement boards, panels (Rapicon), pre-engineered steel buildings; recent launches include DuraPro High Density and MR Board. |
Top brands Everest Roofing, Rapicon Panels, Evercool, Supercolour; known for quality, fire-resistance and innovation in building materials. |
Raw materials needed Cement, fibres (including polypropylene), steel, chemicals for fibre cement and steel building products. |
Raw materials supplier Local and international suppliers including specialized fibre and steel providers. |
Recurring vs cyclical contribution Revenue is a mix with building products recurring through construction cycles; steel buildings growing rapidly but still cyclical. |
Our industry position Established leader in fibre cement roofing and panels; significant growth in steel buildings segment; expanding in high-margin specialty products. |
Financial highlights FY25 consolidated revenue Rs. 1723 crores, net loss Rs. 3.6 crores due to fibre cement segment pressures; ongoing capacity expansions. |
Geographical revenue split Domestic revenue Rs. 1676.55 crores; Overseas revenue Rs. 29.44 crores, showing focus on Indian market with emerging export presence. |
Order book - |
Whats driving growth Increased production volumes, capacity expansions, product innovation, and growing demand for pre-engineered steel buildings. |
Our future plans Capex of Rs. 138 crores for new fibre cement plant in Assam; new product launches and increased focus on steel building segment. |
Our green promise ISO 14001 certification at Podanur; initiatives in fire-resistant and non-asbestos products support sustainability goals. |
Our people and values Motivated workforce with emphasis on learning and internal growth; values encompass respect, excellence, and integrity. |
Key challenges ahead Raw material cost inflation, soft demand in core markets, competition, and integrating new capacities profitably. |
Interesting facts First to manufacture asbestos cement sheets in India since 1934; one of few companies transitioning to non-asbestos fire-resistant products. |
Risks and strategy Managing cost pressures, market challenges by investing in innovation and expanding steel buildings; mitigating risks via safety and sustainability policies. |
