Everest Industries

What Everest Industries does

Everest Industries Limited is a 91-year-old, publicly-listed Indian building materials manufacturer (founded 1934 as Asbestos Cement Ltd., renamed Everest Industries Ltd. in 2003, listed on BSE: 508906 and NSE: EVERESTIND) headquartered in Andheri East, Mumbai. The company operates three product lines: fibre-cement roofing solutions (CBS, Supercolour, Hi-Tech with HIPP reinforcement, Evercool cool roofing); fibre-cement boards and panels for walls, ceilings, cladding, and flooring (SuperHD, Multipro, Rapicon solid wall panels, ArteSeries, DuraCeil, BioClean, ColourClad, mezzanine flooring); and Pre-Engineered Steel Buildings (PEB) for industrial, warehousing, and infrastructure applications. Manufacturing is based on fibre-cement composite technology using fly ash from thermal power plants, supplemented by High Impact Polypropylene (HIPP) and proprietary fibre-mesh reinforcement across eight plants in Kymore, Kolkata, Coimbatore, Nashik, Haridwar, Balasore, Dahej, and Chamarajanagar.

Revenue is generated primarily through hardware sales of building materials and turnkey PEB installations (design, manufacture, supply, and erection). Distribution is hybrid: 13,000+ dealer outlets and 30 sales depots route roofing and boards into 600 cities and 100,000 villages in India, while a direct field-sales team engages architects, builders, contractors, and large enterprise customers for PEB and large construction projects. Pricing is project- and quote-based (not publicly disclosed) and varies with area, specifications, and product type. Enterprise customers span Tata Group, Adani, Reliance, L&T, Coca-Cola, Walmart, Hindustan Unilever, ITC Hotels, Britannia, Indigo, Pepsi, Hero, Lupin, DLF, NTPC, and BKT. The company employs approximately 1,400 people and reports sales in 35 countries.

For FY ended March 2026, Everest reported sales of Rs 1,417 crore, a 17.75% YoY decline, with a net loss of Rs 101.69 crore; Q4 FY26 sales of Rs 327.17 crore were down 27.72% YoY. In 2026 the company withdrew two planned greenfield capex projects (Rs 125 crore AP PEB plant and Rs 138 crore Assam fibre-cement boards plant) through its wholly owned subsidiaries Everest Steel Building Pvt Ltd and Everest Buildpro Pvt Ltd, and accepted the resignation of its CHRO effective July 31, 2026, indicating a defensive capital posture amid the demand downturn.

Name

Everest Industries

Legal name

Everest Industries Limited

Website

https://everestind.com

Company type

Public

Founded year

1934

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Everest Industries Limited is a publicly-listed Indian building materials manufacturer (founded 1934) producing fibre-cement roofing, boards and panels, and pre-engineered steel buildings across eight plants, distributing via 13,000+ dealers and serving industrial, commercial, residential, and infrastructure customers in India and 35 export markets.

Ownership category

akta.pro rank

Product category

Building Materials Manufacturing

NAICS

Nonmetallic Mineral Product Manufacturing (327), Plate Work and Fabricated Structural Product Manufacturing (33231), Roofing, Siding, and Insulation Material Merchant Wholesalers (42333)

SIC

Millwood, Veneer, Plywood, & Structural Wood Members (2430), Fabricated Structural Metal Products (3440), Wholesale-Lumber & Other Construction Materials (5030)

akta.pro primary industry

Sheet Goods & Panels Retail (Drywall, Cement Board, Sheathing) (CRAIAEAB)

akta.pro secondary industries

Building Materials & Lumber Distribution (CRAOAFAD), Architectural & Miscellaneous Metals (Stairs, Railings, Ladders) (IMADACAE)

Keywords

• Fibre cement roofing
• Pre-engineered buildings
• Building boards panels
• Construction materials manufacturing
• Steel building solutions

Headquarters

HQ city

Noida

HQ country

India

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Building Materials Sales: Revenue generated from manufacturing and selling roofing solutions (cement sheets, cool roofing), boards and panels (wall solutions, ceiling solutions, flooring), and pre-engineered steel buildings to industrial, commercial, and residential customers
2. PEB Solutions and Installation Services: Pre-Engineered Building solutions including design, manufacturing, supply, and installation services for warehouses, industrial facilities, and commercial buildings. Installation facilitation for steel and boards/panels via trained contractors
3. FY 2025-26 Financials: Full year ended March 2026: net loss of Rs 101.69 crore on sales of Rs 1,417 crore, representing 17.75% decline in annual revenue

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

Everest Industries manufactures and sells building materials including fibre cement roofing sheets, fibre cement boards and panels for walls, ceilings, cladding and flooring, and pre-engineered steel buildings (PEBs). The company operates 8 manufacturing plants in India and serves industrial, commercial, and residential construction customers through a 13,000+ dealer network across India and exports to 35 countries.

Product overview

Everest Industries is a building material manufacturer offering a comprehensive portfolio of construction solutions organized into five main categories: Roofing Solutions (fibre cement roofing sheets, cool roofing, coloured roofing), Boards and Panels Solutions (wall solutions, ceiling solutions, flooring solutions, cladding/facade solutions), and Pre-Engineered Building Solutions (PEB for industrial, warehousing, and infrastructure applications). The company operates 8 manufacturing plants across India and serves customers in over 35 countries. Key products include the Evercool cool roofing sheet, Supercolour coloured roofing, Hi-Tech non-asbestos roofing, SuperHD/Multipro fiber cement boards, Rapicon solid wall panels, ArteSeries designer products, DuraCeil ceiling tiles, mezzanine flooring systems, and complete pre-engineered steel building solutions. The portfolio spans residential, commercial, and industrial construction segments.

Differentiator

Problem solved

Functional benefit

Brands

• Evercool: Cool roofing sheet with high Solar Reflectance Index (SRI) to keep interiors cool
• Supercolour
• Hi-Tech
• CBS
• DuraCeil
• Rapicon
• SuperHD
• ArteSeries
• ColourClad
• BioClean
• Smart Steel Buildings
• ESBS (Everest Steel Building Solutions)

Products and services

• Evercool Cool Roofing Sheet Cool roofing sheet with high Solar Reflectance Index (SRI) and thermal emittance designed to reduce indoor temperatures by up to 8°C compared to fiber cement roofs and 11°C compared to metal roofs. Targeted at industrial, commercial, and residential buildings.
• CBS Fibre Cement Roofing Sheet Fire-resistant, economical, low noise, low heat, and corrosion-free fibre cement roofing sheets made with unique fiber mesh technology, used in residential, commercial, and industrial roofing.
• Supercolour Roofing Sheet Water-repellent, anti-fungal, and durable coloured cement roofing sheets available in four colours (red, green, yellow, blue) for residential, commercial, and industrial roofing applications.
• Hi-Tech Roofing Sheet Non-corroding, fire-resistant, and weather-proof non-asbestos roofing sheets reinforced with high-impact PVA fibres for extra durability.
• Everest SuperHD Fibre Cement Board High-density fibre cement boards used for internal and external wall solutions, drywall partitions, fencing, cladding, flooring, and roof tile underlay, available in 6-15mm thicknesses.
• Everest Multipro Fibre Cement Board Versatile fibre cement boards used for internal dry walls, external walls, pre-fab buildings, mezzanine flooring, and roof tile underlay applications.
• Everest Rapicon Solid Wall Panels Solid wall panels (solid dry wall) enabling 4x faster construction, fire-rated, moisture and impact-resistant, available in 50mm and 75mm thicknesses.
• DuraCeil Ceiling Tiles Ceiling tiles designed for grid ceiling applications, sag and moisture-resistant, suitable for damp areas in residential, commercial, and institutional spaces.
• ArteSeries Designer Ceilings and Walls Premium designer ceiling and wall tiles available in 4-6mm thickness used in grid ceilings, concealed ceilings, internal and external cladding applications.
• BioClean Antibacterial Ceiling Tiles Ceiling tiles with antimicrobial properties designed for clean room and healthcare applications.
• ColourClad Cladding Panels Colour-coated cladding panels for exterior and interior wall cladding applications.
• Fluted Panels Decorative fibre cement panels with fluted texture for interior and exterior wall cladding applications.
• Mezzanine Flooring Systems Industrial and commercial mezzanine flooring systems with high load-bearing capabilities and fire-resistant properties, designed to last up to 25 years with good upkeep.
• Pre-Engineered Buildings (PEB) Custom-designed pre-engineered steel buildings for industrial facilities, warehouses, multi-storey buildings, infrastructure projects, and commercial buildings, with full service from conceptualization to on-site installation.
• Industrial PEB Buildings Pre-engineered industrial buildings designed with emphasis on functionality and safety at affordable prices, serving manufacturing, processing, and industrial operations.
• Warehousing PEB Buildings Pre-engineered warehouse buildings engineered for maximum space utilisation, including Grade A Built-to-Suit warehouses designed by skilled in-house design engineers.
• Infrastructure PEB Buildings Pre-engineered infrastructure buildings with architectural versatility and robust designs for various infrastructure projects including transport, aviation, and commercial infrastructure.
• EPDM Washers (Roofing Accessories) High-quality leakproof washers designed to be durable and resistant to UV rays, heat, and cracking, used as accessories for roofing sheet installation.

Quantifiable outcome

• Up to 8°C lower indoor temperatures with Evercool cool roofing vs fiber cement roofs
• +6 more outcomes

Named customers18 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered minor.

• ResearchAndMarkets.comminorOthers · 20 February 2026ResearchAndMarkets.com published US Pre-engineered Building Market report 2025-2033 analyzing Everest Industries as one of major industry players alongside BlueScope Steel and Zamil Steel.
• SNS InsiderminorOthers · 22 January 2026SNS Insider published market research report on Pre-Engineered Buildings Market projecting growth to US$ 37.9 billion by 2030. Everest Industries is listed among key players analyzed in the report.
• GlobenewswireminorOthers · 3 July 2025Globenewswire published Fiber Cement Market Outlook Report 2025-2030 with competitor profiles including Everest Industries among key players such as James Hardie Industries, Etex Group, Nichiha, CSR, Gyproc, Swisspearl, Shera, and Ramco Industries.

Scale indicators16 records

Recent moves9 records

Expansion highlights4 records

Broad incumbents

• Etex Group: Global building materials group with significant fibre cement and plasterboard operations. Competes in adjacent fibre cement categories with broader product portfolio.
• BlueScope Steel: Global steel and coated steel products major with PEB capabilities. Competes in PEB and metal roofing; broader portfolio and global footprint than Everest.
• Zamil Steel: Major Middle East-based pre-engineered steel buildings manufacturer with India presence. Competes in PEB for industrial and commercial customers with broader geographic reach.
• Saint-Gobain India: Indian subsidiary of Saint-Gobain with broad building materials portfolio including glass, gypsum, and insulation. Competes in adjacent boards and panels categories; led by Everest's MD before his current role.
• James Hardie Industries: Global leader in fibre cement building products. Indirect peer in fibre cement technology and products though geographically focused outside India.

Direct peers

• Kirby Building Systems: Pre-engineered steel buildings manufacturer with significant India operations. Direct PEB competitor in the same industrial, warehousing, and infrastructure segments Everest serves.
• Interarch Building Products: Indian pre-engineered steel buildings and metal building solutions company. Direct competitor to Everest's PEB/ESBS division serving industrial and warehousing customers.
• Ramco Industries: Listed Indian manufacturer of fibre cement roofing sheets and boards, frequently cited alongside Everest in industry coverage. Closely comparable product mix and customer base.
• Visaka Industries: Indian manufacturer of fibre cement boards, panels, and roofing products. Direct competitor to Everest's boards, panels, and roofing sheets lines in the same Indian market and dealer channels.
• Pennar Industries: Indian engineering company with PEB capabilities among other product lines. Competes with Everest in pre-engineered buildings for industrial and infrastructure projects.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCWI4GZQpEwY6mkvCZhSCVDg
• Facebookfacebook.com/everestroofing1934
• LinkedInlinkedin.com/company/everest-industries-limited
• Instagraminstagram.com/everest_ind

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

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 Industries