Everest Industries

What Everest Industries does

Everest Industries Limited is a publicly listed Indian building materials manufacturer founded in 1934, headquartered in Andheri, Mumbai, with eight manufacturing plants across India and a workforce of approximately 1,400 employees. The company originated as the first Indian manufacturer of asbestos cement roofing sheets and has since transitioned into a diversified fibre cement, boards, panels, and pre-engineered steel building (PEB) producer serving roofing, wall, ceiling, flooring, cladding and complete building structure needs for residential, commercial, industrial and infrastructure customers.

The product portfolio spans fibre cement roofing sheets (CBS, Supercolour, Hi-Tech, Evercool), wall solutions (SuperHD, Multipro, Rapicon solid panels), ceiling solutions (DuraCeil, ArteSeries designer ceilings and walls, Bioclean), cladding (ColourClad, Fluted Panels), mezzanine flooring, and end-to-end PEB solutions for industrial, warehousing and infrastructure projects. Underlying technology centres on proprietary fibre cement formulation (including Fibre Mesh and HIPP high-impact PVA reinforcement) and pre-engineered steel structures designed by an in-house team of 100+ structural engineers. Recent product development has emphasized premium and value-added lines such as Evercool cool roofing (high Solar Reflectance Index, reducing indoor temperatures by up to 7°C) and the ArteSeries premium designer range.

Revenue is generated through one-time hardware sales of building materials and project-based contracts for PEB solutions. Go-to-market is sales-led and dual-channel: a pan-India distribution network of 13,000 dealer outlets and 30 sales depots serves contractors, builders, architects and individual homeowners for commodity and mid-tier products, while direct enterprise sales teams handle large-ticket PEB projects for marquee clients including Tata Group, Adani, Reliance Industries, Hindustan Unilever, Walmart, Hero MotoCorp, Indian Railways and NBCC. Pricing is project-specific and quote-based, with no public list pricing. The company has been listed on Indian stock exchanges since 1978 (BSE: 508906, NSE: EVERESTIND) and is independently operated with no parent company or controlling entity.

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, founded in 1934, is a publicly listed Indian manufacturer of fibre cement roofing, wall, ceiling, flooring and pre-engineered steel building solutions, serving enterprise, commercial and residential customers through 13,000 dealers and direct PEB project sales across India and 35 international markets.

Ownership category

akta.pro rank

Product category

Building Materials

NAICS

Other Concrete Product Manufacturing (327390), Plate Work and Fabricated Structural Product Manufacturing (33231), Sheet Metal Work Manufacturing (332322)

SIC

Concrete Products, Except Block & Brick (3272), Fabricated Structural Metal Products (3440), Sheet Metal Work (3444)

akta.pro primary industry

Roof Insulation & Cover Boards (IMADAFAN)

akta.pro secondary industry

Architectural & Miscellaneous Metals (Stairs, Railings, Ladders) (IMADACAE)

Keywords

• Building materials manufacturing
• Fibre cement roofing
• Pre-engineered steel buildings
• Wall and ceiling boards
• Construction solutions

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Building Materials Manufacturing and Sales: Everest Industries generates revenue through the manufacture and sale of building materials including roofing sheets, fibre cement boards, panels, pre-engineered buildings, and related construction solutions. Revenue is generated through direct sales to customers and through dealer/distributor network.
2. Pre-Engineered Building Solutions: Design, manufacture, supply, and installation of pre-engineered steel buildings for industrial, warehousing, and infrastructure projects.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Everest Industries manufactures and sells building materials used in construction, including fibre cement roofing sheets (CBS, Supercolour, Hi-Tech, Evercool), fibre cement wall/ceiling/cladding boards and panels (SuperHD, Multipro, Rapicon, DuraCeil, ArteSeries, ColourClad, Bioclean, Fluted Panels), mezzanine flooring, and custom-designed pre-engineered steel buildings (PEBs) for industrial, warehousing, and infrastructure applications. Products are manufactured at 8 plants across India and sold through dealers, distributors, direct enterprise sales, and exports.

Product overview

Everest Industries is a building material manufacturer offering a comprehensive portfolio of construction solutions organized into six core product categories: Roofing Solutions (Evercool, CBS Fibre Cement, Supercolour, Hi-Tech sheets, and EPDM washers), Wall Solutions (SuperHD, Multipro, Rapicon solid panels), Ceiling Solutions (DuraCeil, ArteSeries designer ceilings and walls, cement wood planks, textured panels), Cladding Solutions (external and internal wall cladding, ColourClad, duct encasement), Flooring Solutions (mezzanine flooring), and Pre-Engineered Building Solutions (industrial, warehousing, and infrastructure PEB buildings). The company serves residential, commercial, and industrial sectors across 35 countries with products manufactured at 8 plants in India. Founded in 1934, Everest pioneered asbestos roofing in India and has since expanded into non-asbestos fibre cement solutions and steel building systems.

Differentiator

Problem solved

Functional benefit

Brands

• Everest Super Colour: India's first coloured cement roofing sheet available in four colours (red, green, yellow, blue), launched in 2017.
• Everest Evercool
• ArteSeries
• Everest Rapicon
• Everest SuperHD
• Everest DuraCeil
• Evercool
• Everest Multipro
• ColourClad
• Bioclean

Products and services

• Roofing Solutions Complete roofing solutions including cement roofing sheets for residential, commercial, and industrial applications; over 1 billion sqm installed historically. Used by homeowners, builders, contractors, and industrial customers across India.
• Evercool Roofing Sheet Cool roofing sheet with high Solar Reflectance Index (SRI) that keeps interiors cool and comfortable, reducing indoor temperatures by up to 7°C. Targeted at residential and commercial buildings in hot climates.
• CBS Fibre Cement Roofing Sheet Easy-to-fix, fire-resistant, economical, low-noise, low-heat, and corrosion-free corrugated fibre cement roofing sheet using unique fibre mesh technology. For 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 and commercial applications requiring aesthetics and durability.
• Hi-Tech Roofing Sheet Non-corroding, fire-resistant, and weather-proof non-asbestos roofing reinforced with high-impact PVA fibres (HIPP technology) for extra durability. For residential, commercial, and industrial roofing.
• Wall Solutions Drywall partitions and fibre cement wall solutions for internal and external applications including internal drywall, solid dry wall, fences & gates, and prefab buildings. Used by contractors, builders, and developers for faster construction.
• Everest SuperHD Board High-density fibre cement board for internal drywall partitions, external cladding, fences and gates, and soffit ceilings. Available in 9mm and 12mm thickness. For residential, commercial, and industrial applications.
• Rapicon Solid Wall Panels Solid wall panels for 4x faster construction; fire-rated, moisture and impact-resistant, lightweight solid dry wall solution. Available in 50mm and 75mm thickness. For residential, commercial, and industrial builds.
• Ceiling Solutions Ceiling solutions including grid ceilings, concealed ceilings, soffit ceilings, and roof tile underlay for residential, commercial, and institutional spaces. Includes moisture-resistant and designer variants.
• DuraCeil Ceiling Tiles Sag and moisture-resistant ceiling tiles for grid ceilings, suitable for damp areas in residential, commercial, and institutional spaces.
• ArteSeries Designer Ceilings and Walls Premium designer ceilings and walls with various textures, used in grid ceilings, concealed ceilings, and internal wall cladding applications. For premium residential, commercial, hospitality, and institutional interiors.
• ArteSeries Cement Wood Planks Pre-finished cement wood planks offering the look of natural wood with moisture and termite resistance. Used in concealed ceilings and soffit applications.
• ArteSeries Textured Wall Panels Textured fibre cement wall panels for contemporary aesthetic designs with weather, moisture, fire, and impact resistance. For premium residential, hospitality, and commercial interiors.
• Cladding Solutions Interior and exterior wall cladding panels for building facades providing weather resistance, thermal insulation, sound insulation, and aesthetic enhancement. For commercial, retail, hospitality, and residential buildings.
• ColourClad Coloured Cladding Panels Coloured cladding panels for exterior and interior wall cladding applications. Provides weather, moisture, and impact resistance with decorative finish.
• Flooring Solutions (Mezzanine Flooring) Mezzanine flooring solutions for industrial and commercial spaces with high load-bearing capability and fire-resistant properties. For warehouses, industrial facilities, and commercial mezzanine floors.
• Bioclean Anti-Microbial Ceiling Panels Anti-microbial ceiling panels designed for hygienic environments with cleanroom-type applications. For healthcare, pharmaceutical, food processing, and other sterile environments.
• Pre-Engineered Building Solutions (PEB) Custom-designed pre-engineered steel buildings for industrial facilities, warehouses, and infrastructure projects, including complete design, manufacture, supply, and installation services. One of the largest PEB players in India with 4,500+ projects completed and 100+ in-house structural design engineers.
• Industrial PEB Buildings Pre-engineered steel buildings for industrial applications emphasising functionality, safety, and affordable pricing. For manufacturing plants, factories, and process facilities.
• Warehousing PEB Buildings Grade A built-to-suit warehouses with maximum space utilisation, engineered by skilled in-house structural designers. For logistics, e-commerce, retail distribution, and 3PL operators.
• Infrastructure PEB Buildings

Quantifiable outcome

• Over 1 billion square meters of roofing installed across India
• +3 more outcomes

Named customers24 records

Segments4 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

Scale indicators11 records

Recent moves16 records

Expansion highlights5 records

Direct peers

• Lloyd Insulations (India): Indian manufacturer of pre-engineered steel buildings, sandwich panels and roofing solutions with comparable customer segments in industrial, warehousing and infrastructure — competing with Everest across both PEB structures and roofing/panel product lines.
• Visaka Industries: Indian fibre cement board and roofing manufacturer offering asbestos-free roofing sheets, boards, panels and pre-engineered buildings — directly comparable to Everest's fibre cement roofing, wall, ceiling and PEB product lines and serving the same rural and SME construction base across India.
• Interarch Building Products: Indian pre-engineered metal building and metal roofing manufacturer serving industrial, commercial and infrastructure customers — directly comparable to Everest's PEB and metal roofing portfolio with similar go-to-market via direct enterprise sales and dealer channels.
• HIL Limited (CK Birla Group): Manufacturer of fibre cement roofing sheets, panels and building boards under brands such as Charminar and Birla Aerocon — directly competing with Everest's CBS fibre cement sheets, SuperHD boards and Rapicon panels in the Indian residential and commercial roofing market.
• Kirby Building Systems (Al Fahim Group): One of the largest pre-engineered steel building manufacturers globally with significant India operations, directly competing with Everest's PEB division for industrial, warehousing and infrastructure projects across South Asia and the Middle East.
• Tata BlueScope Steel: Joint venture between Tata Steel and BlueScope producing pre-engineered steel buildings, metal roofing and cladding — directly competing with Everest's PEB solutions, metal roofing sheets and ColourClad cladding offerings for Indian industrial and commercial customers.
• Pennar Industries: Indian engineering company with a Pre-Engineered Buildings division that designs, manufactures and installs steel buildings for industrial, warehousing and infrastructure customers — overlapping closely with Everest's PEB portfolio and competing for the same enterprise customer base.

Broad incumbents

• Saint-Gobain Research India / Saint-Gobain India: Subsidiary of global building materials leader Saint-Gobain offering a broader portfolio of glass, gypsum, insulation and other construction products; competes broadly with Everest in building materials and was the former employer of Everest's CEO, making it a key competitive benchmark.
• James Hardie Industries: Global leader in fibre cement building products (siding, backer boards, panels) — addresses overlapping product categories with Everest's fibre cement boards and panels, and represents the kind of international competitive standard Everest benchmarks against in premium segments.
• Etex Group: Belgium-headquartered global manufacturer of fibre cement boards, roofing, cladding and dry construction systems through brands like Eternit, Siniat and Promat — competing internationally with Everest in fibre cement panels, cladding and roofing, particularly in export and premium segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 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

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 Industries