Everest Industries Q2 Net Profit ₹821 Lakhs

Key Financial Figures - Standalone (Rs. in Lakhs)

Quarterly Performance (Q2 FY27 vs Q2 FY26 vs Q1 FY27):

Revenue from operations: ₹30,151.12 (Q2 FY27) vs ₹28,859.30 (Q2 FY26) vs ₹41,869.71 (Q1 FY27)
Total Income: ₹30,895.29 (Q2 FY27) vs ₹29,283.74 (Q2 FY26) vs ₹42,376.64 (Q1 FY27)
Profit/(loss) before exceptional items and tax: ₹1,534.56 (Q2 FY27) vs (₹1,730.00) (Q2 FY26) vs ₹3,710.61 (Q1 FY27)
Exceptional items: ₹0 (Q2 FY27) vs ₹0 (Q2 FY26) vs ₹9,125.42 (Q1 FY27)
Profit/(loss) before tax: ₹1,534.56 (Q2 FY27) vs (₹1,730.00) (Q2 FY26) vs ₹12,836.03 (Q1 FY27)
Tax expense: ₹713.40 (Q2 FY27) vs (₹524.86) (Q2 FY26) vs ₹2,064.04 (Q1 FY27)
Profit/(loss) for the period: ₹821.16 (Q2 FY27) vs (₹1,205.14) (Q2 FY26) vs ₹10,771.99 (Q1 FY27)
EPS - Basic/Diluted: ₹5.18 (Q2 FY27) vs (₹7.61) (Q2 FY26) vs ₹67.94 (Q1 FY27)

Half-Yearly Performance (H1 FY27 vs H1 FY26):

Revenue from operations: ₹72,020.83 (H1 FY27) vs ₹77,538.89 (H1 FY26)
Total Income: ₹73,271.93 (H1 FY27) vs ₹78,538.73 (H1 FY26)
Profit/(loss) before exceptional items and tax: ₹5,245.17 (H1 FY27) vs (₹730.90) (H1 FY26)
Exceptional items: ₹9,125.42 (H1 FY27) vs ₹0 (H1 FY26)
Profit/(loss) before tax: ₹14,370.59 (H1 FY27) vs (₹730.90) (H1 FY26)
Tax expense: ₹2,777.44 (H1 FY27) vs (₹238.59) (H1 FY26)
Profit/(loss) for the period: ₹11,593.15 (H1 FY27) vs (₹492.31) (H1 FY26)
EPS - Basic/Diluted: ₹73.12 (H1 FY27) vs (₹3.11) (H1 FY26)

Key Financial Figures - Consolidated (Rs. in Lakhs)

Quarterly Performance (Q2 FY27 vs Q2 FY26 vs Q1 FY27):

Revenue from operations: ₹31,857.75 (Q2 FY27) vs ₹30,615.78 (Q2 FY26) vs ₹43,588.21 (Q1 FY27)
Profit/(loss) before tax: ₹922.38 (Q2 FY27) vs (₹2,474.63) (Q2 FY26) vs ₹12,275.22 (Q1 FY27)
Profit/(loss) for the period: ₹207.32 (Q2 FY27) vs (₹1,817.20) (Q2 FY26) vs ₹10,209.34 (Q1 FY27)
EPS - Basic/Diluted: ₹1.31 (Q2 FY27) vs (₹11.48) (Q2 FY26) vs ₹64.39 (Q1 FY27)

Half-Yearly Performance (H1 FY27 vs H1 FY26):

Revenue from operations: ₹75,445.96 (H1 FY27) vs ₹80,687.75 (H1 FY26)
Profit/(loss) before tax: ₹13,197.60 (H1 FY27) vs (₹2,142.21) (H1 FY26)
Profit/(loss) for the period: ₹10,416.66 (H1 FY27) vs (₹1,653.74) (H1 FY26)
EPS - Basic/Diluted: ₹65.70 (H1 FY27) vs (₹10.45) (H1 FY26)

Segment-Wise Performance - Standalone (Q2 FY27)

Building Products Revenue: ₹24,203.80 lakhs
Steel Buildings Revenue: ₹5,947.32 lakhs
Building Products Segment Results (Profit before tax and finance costs): ₹3,013.99 lakhs
Steel Buildings Segment Results (Profit before tax and finance costs): ₹133.34 lakhs

Exceptional Items

1. During H1 FY27, the Company sold a portion of its property at Podanur resulting in a profit of ₹9,615.42 lakhs (standalone) and ₹9,615.42 lakhs (consolidated).

2. Everest Steel Building Private Limited withdrew CAPEX plans for a new PEB manufacturing facility, resulting in impairment loss of ₹490.00 lakhs (₹489.00 lakhs on inter-corporate deposit and ₹1.00 lakh on investment).

3. Everest Buildpro Private Limited impairment loss of ₹2,870.00 lakhs recognized in FY26 (₹1,500.88 lakhs on investment and ₹1,369.12 lakhs on inter-corporate deposit).

4. Impact of Labour Codes implementation resulted in additional expense of ₹1,634.14 lakhs (standalone) and ₹1,668.84 lakhs (consolidated) pertaining to gratuity in FY26.

5. Sale of office premises in Mumbai resulted in profit of ₹304.58 lakhs in FY26.

Cash Flow Highlights - Standalone (H1 FY27)

Net cash from operating activities: ₹9,616.61 lakhs
Net cash from investing activities: ₹2,782.54 lakhs
Net cash used in financing activities: (₹3,044.85) lakhs
Net increase in cash and cash equivalents: ₹9,354.30 lakhs
Cash and cash equivalents at beginning: ₹4,291.16 lakhs
Cash and cash equivalents at end: ₹13,645.46 lakhs

Capital Structure

Paid-up equity share capital: ₹1,585.57 lakhs (Face value ₹10 each)
Other equity (standalone): ₹62,398.62 lakhs (as at September 30, 2026)

Assets and Liabilities Position - Standalone (as at September 30, 2026)

Total Assets: ₹1,17,811.34 lakhs
Total Equity: ₹63,984.19 lakhs
Total Liabilities: ₹53,827.15 lakhs
Current Assets: ₹64,906.68 lakhs
Current Liabilities: ₹44,024.88 lakhs

Audit and Review Details

Financial results reviewed by Audit Committee and approved by Board of Directors on October 26, 2026
Statutory Auditors: Price Waterhouse Chartered Accountants LLP
Limited review conducted in accordance with Regulation 33 of SEBI LODR Regulations, 2015
Unmodified review report issued by auditors

Subsidiaries Included in Consolidated Results

1. Everest Buildpro Private Limited

2. Everest Steel Building Private Limited

3. Everest Building Products

4. Everestind FZE (Subsidiary of Everest Building Products)

5. Everest Foundation

Board Meeting Details

Meeting held on October 26, 2026
Commenced at 2:00 p.m. (IST)
Concluded at 4:45 p.m. (IST)