EKC Approves Q3 FY26 Results & ₹30 Cr Capex for Ratadiya Unit
Everest Kanto Cylinder Limited's Board approved Q3 FY26 results and an additional ₹30 crore capex for the Ratadiya Unit. Its subsidiary, CP Industries Inc., USA, approved a $5.50 million capex for expansion and larger cylinders. The results for the nine months ended December 31, 2025, were declared.
The approved capex for both the domestic unit and the subsidiary suggests future growth and capacity expansion, which can have a medium-term impact on the company's performance.
The company reported positive financial results and announced significant capital expenditure plans for both domestic and international operations, indicating growth and expansion.
Everest Kanto Cylinder Limited (EKC) announced the outcome of its Board Meeting held on February 12, 2026. The Board approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025, as recommended by the Audit Committee.
Additionally, the company approved an additional capital expenditure (capex) budget of ₹30 crore for its Ratadiya Unit. Furthermore, CP Industries Inc., USA, a material subsidiary, approved a capex of USD 5.50 million (approximately ₹45.8 crore) to cater to domestic revenue, fulfill orders requiring larger diameter/Type 4 cylinders, and explore opportunities in North and South America.
The Board Meeting commenced at 3:00 p.m. and concluded at 4:15 p.m. The Unaudited Financial Results, along with the Limited Review Report from Statutory Auditors Suresh Surana & Associates LLP with an unmodified opinion, were enclosed. These results will also be uploaded on the company's website.
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Everest Kanto Cylinder Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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