Everest Kanto Cylinder

What Everest Kanto Cylinder does

Everest Kanto Cylinder Limited (EKC, BSE: EKC), founded in 1978 and headquartered in Mumbai, is a publicly listed Indian manufacturer of high-pressure seamless steel and composite gas cylinders. Its portfolio spans CNG cylinders for vehicles (rated to 200 bar), industrial gas cylinders (Oxygen, Nitrogen, Argon, Helium, CO2, Hydrogen, Methane), fire extinguisher and fire suppression system cylinders, medical and breathing air cylinders, aluminium cylinders, jumbo tubes and tube skids for bulk gas transport, and Type 4 fully carbon composite cylinders manufactured at its USA subsidiary CP Industries Holdings, Inc. (acquired 2008). Core manufacturing technology is hot spinning of seamless steel tubes on computer-controlled machines, followed by continuous walking-beam furnace heat treatment (harden-quench-temper), in-line ultrasonic inspection, and cyclic life-simulation testing.

EKC operates owned manufacturing plants in India (Tarapur, KASEZ/Kandla, Aurangabad-origin, plus the new Ratadiya unit), UAE (two Jebel Ali Free Zone facilities since 2004 and 2006), China (EKC Industries Tianjin, since disposed in March 2021), USA (Pittsburgh via CP Industries, producing jumbo tubes, skids, and Type 4 composites), and Hungary (under build-out). The company holds approvals/homologation in 15 countries and exports to more than 40 countries. Manufacturing capacity totals approximately 1.34 million units per annum, with 2.4 million industrial and 1.1 million CNG cylinders in service globally.

The business model is B2B enterprise field sales: direct, quote-based, multi-year contracts with automotive OEMs (Bajaj Auto, TATA Motors, Mahindra & Mahindra, Eicher) for CNG cylinder kits, with city gas distribution majors (MGL, IGL, Adani Energy, Torrent Gas) for CNG storage and transport solutions, with industrial gas majors, with healthcare and fire safety system integrators, and with government/defence (ISRO for ultra-high-pressure cylinders). Group turnover is reported at exceeding Rs. 550 Crores (approximately USD 66 million) per the company profile, with a separate source citing Rs. 800 Crores, and the company is publicly traded on BSE with mainstream India leadership (Khurana family promoters) and a board that, as of May 2025, includes independent directors with Tata Motors and large-institutional backgrounds.

Name

Everest Kanto Cylinder

Legal name

Everest Kanto Cylinder Limited

Website

https://everestkanto.com

Company type

Public

Founded year

1978

Operating status

Operating

Headcount range

251–500 employees

Short description

Everest Kanto Cylinder Limited is a publicly listed Indian manufacturer of high-pressure seamless steel and composite gas cylinders serving automotive OEMs, city gas distributors, industrial gas companies, healthcare, fire suppression, and defence customers in over 40 countries.

Ownership category

akta.pro rank

Product category

High-Pressure Gas Cylinders

NAICS

Other General Purpose Machinery Manufacturing (3339), Other Metal Valve and Pipe Fitting Manufacturing (332919)

SIC

Steel Pipe & Tubes (3317)

akta.pro primary industry

Gas Handling Equipment & Storage (Cylinders/Tanks/Valves) (IMAEACAL)

akta.pro secondary industry

Pipe & Tube Manufacturing (Seamless & Welded OCTG/Line Pipe/Structural Tube) (IMAKABAI)

Keywords

• High-pressure gas cylinders
• CNG storage cylinders
• Seamless steel cylinders
• Industrial gas containment
• Composite pressure vessels

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Gas Cylinder Manufacturing & Sales: One-time hardware sales of high-pressure gas cylinders including CNG cylinders for vehicles, industrial gas cylinders, medical cylinders, hydrogen cylinders, fire suppression cylinders, and jumbo cylinders. Revenue generated from direct B2B sales to OEMs and industrial customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels1 record

Core offering

Everest Kanto Cylinder Limited manufactures and sells high-pressure seamless steel and composite gas cylinders used for compressed natural gas (CNG) storage in vehicles, industrial gas storage and transport (oxygen, nitrogen, argon, helium, CO2, hydrogen), fire extinguisher and fire suppression system cylinders, medical gas cylinders, breathing air cylinders, hydrogen cylinders, and jumbo cylinders for defense/aerospace applications. The company operates manufacturing plants in India, UAE, China, and the USA and exports to more than 40 countries.

Product overview

Everest Kanto Cylinder Limited is a leading manufacturer of seamless steel and composite gas cylinders established in 1978, offering a comprehensive portfolio of high-pressure cylinder products. The company's core offerings include CNG Steel Cylinders and Type-4 Composite Cylinders for automotive fuel applications, Industrial Gas Cylinders for various industrial gases, and Fire Extinguisher/Fire Suppression System Cylinders for safety applications. Additional specialized products include Hydrogen Cylinders, Medical Application Cylinders, Breathing Air Cylinders, Aluminium Cylinders, and Jumbo Cylinders for large-capacity storage. Export Products with international certifications (TPED, DOT) serve global markets in 40+ countries. The company operates manufacturing plants in India (Tarapur, KASEZ), Dubai, China (Tianjin), and USA (Pittsburgh/CP Industries) with an annual group turnover exceeding Rs. 550 Crores.

Differentiator

Problem solved

Functional benefit

Brands

• EKC Fire Division: Fire suppression system cylinders and fire extinguisher products division
• CP Industries

Products and services

• CNG Steel Cylinders High-pressure seamless steel CNG cylinders for vehicles including three-wheelers, cars, buses, and delivery vehicles, designed for compressed natural gas storage at 200 bar working pressure. Sold to automotive OEMs.
• Type-4 Composite Cylinders Fully carbon composite and hybrid composite cylinders manufactured in the USA, meeting ISO 11119-3, ISO 11439, and NGV2 standards with 20-year service life. Designed for lightweight CNG and alternative fuel storage applications.
• Jumbo Cylinders Large-capacity cylinders (559mm OD) and skids for industrial gases like Nitrogen, Helium, Argon, and Defense & Aerospace applications, with water capacity up to 3000 liters.
• Industrial Gas Cylinders High-pressure cylinders for industrial gases including Oxygen, Nitrogen, Argon, Helium, CO2, and specialty gases, manufactured to ISO 9809 and IS 7285 standards. Sold to industrial gas distribution companies.
• Fire Extinguisher Cylinders High-pressure cylinders for CO2 fire extinguishers ranging from 1L to 180L water capacity, suitable for hand-held, portable wheel-type, and system fire extinguishers.
• Fire Suppression System Cylinders

Quantifiable outcome

• 2.4 million industrial gas cylinders in service globally
• +4 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• CP Industries Holdings, Inc. (USA)coreStrategic or Co-development Partner · 1 January 2008Acquired in 2008, CP Industries Holdings, Inc. is a wholly-owned subsidiary of Everest Kanto Cylinder. Located in Pittsburgh, USA, it manufactures jumbo tubes, skids, and Type 4 composite cylinders. This acquisition expanded EKC's manufacturing capabilities in North America and added Type 4 composite cylinder technology.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Luxfer Holdings PLC: LSE-listed global manufacturer of high-pressure aluminum and composite gas cylinders serving medical, industrial gas, fire safety, and alternative-fuel markets. Directly comparable product portfolio (CNG, aluminum, composite cylinders) and overlapping global customer base.
• Beijing Tianhai Industry Co., Ltd. China-listed seamless steel high-pressure gas cylinder manufacturer, one of the largest producers globally. Direct global competitor to EKC's core Type-1 industrial and CNG seamless steel cylinder business.
• Hexagon Composites ASA: Norway-listed (OSE: HEX) global leader in Type-4 composite cylinders and hydrogen storage via Agility Fuel Solutions and Hexagon Purus. Direct overlap with EKC's Type-4 composite product line and emerging hydrogen cylinder business.
• Faber Industrie SpA: Italy-based, family-held manufacturer of seamless steel and composite high-pressure cylinders for CNG, industrial, medical and fire suppression applications. Closest European counterpart to EKC in product mix and customer use cases.
• Quantum Fuel Systems LLC: US-based manufacturer of Type-4 composite compressed natural gas and hydrogen cylinders, particularly for medium and heavy-duty vehicles. Directly comparable in Type-4 composite cylinder technology and CNG-on-truck applications.

Regional players

• Confidence Petroleum India Limited: Indian BSE-listed player in LPG cylinders, CNG dispensing equipment and related gas infrastructure — overlapping regional customer base and end-market exposure, although focused on LPG rather than high-pressure CNG cylinders.

Broad incumbents

• Chart Industries, Inc. NYSE-listed (GTLS) broad industrial gas equipment manufacturer spanning cryogenic tanks, heat exchangers, and process technology. Larger and more diversified than EKC, but overlaps in specialty gas handling and hydrogen/clean-energy equipment.
• Praxair Surface Technologies / Linde Gas Cylinders: Operating arm of Linde plc (NYSE: LIN), the global industrial gas major whose customers procure cylinders and gas handling equipment that overlap with EKC's industrial gas cylinder business; not a direct cylinder manufacturer peer, but a primary adjacent customer/supplier in the same value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Everest Kanto Cylinder