Everest Industries Latest Investors Presentation

Company Overview

• Everest Industries Limited (Everest) has over 8 decades of experience in the business of building products and is also a pioneer of fibre cement products in India.

• The company’s business is built on three key pillars: Speed, Strength and Safety.

• The vision of the company is to be the deepest penetrated housing and building solutions provider in India.

• Everest provides building products and building solutions for commercial, industrial and residential sectors.

• The company has covered more than 1 billion sq. mtrs. of industrial and residential roofs.

• It has emerged as the 2nd largest Pre-Engineered Buildings (PEBs) company in India, and has erected and designed more than 2,000 PEBs.

• The company has also diversified its product range from roofing to various other value added products like cement boards and panels for ceilings, walls and floorings.

Indian Economy in the Last Quarter

• Building material products industry is likely to turn around strongly, helped by macro factors such as rural housing demand, raw material prices, GST rates and a good monsoon.

• The monsoon so far across the country has been normal and since there is a high degree of correlation between monsoon and rural incomes, leading to better farm output and more disposable income in the hands of rural customers and sale of roofing sheets

• This quarter has seen a successful application of GST across all sectors and Government officials are keeping a close watch on implementation of the same going forward.

• GST is expected to benefit the organized sector in Building products industry by providing a level playing field which would bring in consolidation in the industry thereby elimination most of the unorganized players.

• Further government initiatives like “Swatch Bharat Abhiyan”, “Housing for all by 2022” & “Smart City Mission” would drive additional demand for Building Products.

• Our product have been kept at 18% bracket

• Reduction in GST on fiber cement sheets to 18% is a welcome step in improvement of the market as these are more affordable for the end consumer.