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Everest Industries

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Everest Industries is an Indian building-materials manufacturer offering roofing, ceilings, walls, flooring, cladding, and pre-engineered steel-building solutions.

Last updated August 26, 2026

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Overview

Everest Industries Limited is an Indian building-materials company whose business has developed from cement-based sheet manufacturing into a broader portfolio of construction products and building systems. The company was established in Maharashtra in 1934 as Asbestos Cement Ltd., reflecting its original focus on asbestos-cement materials. Over time, it changed its corporate identity and expanded the range of construction applications served by its products. The company adopted the name Everest Building Product Ltd. in 1983, the same year it became publicly traded on the Bombay Stock Exchange. In 1990, it was renamed Eternit Everest Ltd., and in 2003 it adopted its present name, Everest Industries. The company was also listed on the National Stock Exchange of India in 1995. These changes marked the transition from an asbestos-cement-oriented business to a more diversified construction-materials enterprise operating under the Everest identity. Everest Industries serves several segments of the building envelope and building-structure market. Its reported activities include roofing, ceilings, walls, flooring, cladding solutions, pre-engineered steel buildings, and other building materials. This portfolio enables the company to address both individual product requirements and larger construction projects. Its offerings are relevant to residential, commercial, industrial, institutional, and infrastructure-related construction, although the precise product mix and market emphasis may vary by period and geography. A major part of the company’s industrial operations is its pre-engineered steel-building business. The company operates manufacturing plants for this segment at Roorkee in Uttarakhand, Ranchi in Jharkhand, and Dahej in Gujarat. Pre-engineered steel buildings are designed and fabricated through standardized industrial processes and can be used for warehouses, factories, logistics facilities, commercial structures, and other applications where speed of construction and structural flexibility are important. Everest Industries has an international presence in approximately 35 countries and employs around 1,400 people, according to the cited reference material. Its international reach complements its principal Indian market and reflects the exportability of standardized roofing, cladding, ceiling, and steel-building products. The company’s positioning is therefore based on integrated construction solutions, manufacturing scale, technical building expertise, and a long operating history in the Indian construction-materials sector. The company has also received industry and professional recognition. In 2010, it received the CIDC Vishwakarma Award and an ICWAI award. Its leadership includes Anant J. Talaulicar as chairman. Reported 2024 revenue was approximately INR 1,685 crore; this figure should be interpreted as a company-reported or reference-reported period figure rather than a current financial forecast. Everest Industries remains an active Indian building-materials manufacturer, although additional details about its current website, ownership structure, detailed product brands, and executive roster require verification from authoritative corporate sources.

History

Everest Industries was founded in Maharashtra in 1934 under the name Asbestos Cement Ltd. Its initial identity was tied to asbestos-cement construction materials, a product category historically used for roofing and other building applications. The company’s later development involved both changes in corporate name and expansion into a wider set of construction-materials and structural-building businesses. In 1983, the company changed its name to Everest Building Product Ltd. That year also marked its entry onto the Bombay Stock Exchange, making it a publicly traded Indian company. In 1990, the business adopted the name Eternit Everest Ltd. The name change reflected the company’s evolving corporate and commercial identity before it eventually became Everest Industries in 2003. The company expanded its presence in India’s capital markets in 1995 when it was listed on the National Stock Exchange of India. Its business subsequently came to encompass more than traditional roofing or cement-based products. Reported operating segments include roofing, ceilings, walls, flooring, cladding solutions, pre-engineered steel buildings, and other building materials. This diversification positioned Everest Industries as a broader construction-solutions provider rather than a single-product manufacturer. Pre-engineered steel buildings became an important part of the company’s industrial operations. The business operates manufacturing facilities for this segment at Roorkee in Uttarakhand, Ranchi in Jharkhand, and Dahej in Gujarat. These facilities support the fabrication and delivery of industrialized steel-building systems for construction projects. The company’s broader product portfolio addresses both discrete building components and integrated structural or envelope requirements. Everest Industries has developed an international presence, with the cited material describing operations or market presence in approximately 35 countries. It employs around 1,400 people worldwide. Its activities remain centered on construction materials and building systems, with India as its principal national base and international markets providing additional reach. The company received the CIDC Vishwakarma Award in 2010. It also received an ICWAI award in the same year. The cited material identifies Anant J. Talaulicar as chairman. In 2024, the company was reported to have achieved combined revenue of approximately INR 1,685 crore. Everest Industries continues to operate as an active Indian building-materials company, although the available reference material does not provide a complete account of all later acquisitions, product launches, leadership changes, or current corporate ownership.

  • 2024

    Reported combined revenue of approximately INR 1,685 crore

    [1]

    Reference material reported combined revenue of approximately INR 1,685 crore for 2024.

  • 2010

    Received industry and professional awards

    [1]

    The company received the CIDC Vishwakarma Award and an ICWAI award.

  • 2003

    Adopted the Everest Industries name

    [1]

    The company changed its name from Eternit Everest Ltd. to Everest Industries.

  • 1995

    Listed on the National Stock Exchange of India

    [1]

    Everest Industries received a listing on the National Stock Exchange of India.

  • 1990

    Renamed Eternit Everest Ltd.

    [1]

    The company adopted the name Eternit Everest Ltd. as its corporate identity continued to evolve.

  • 1983

    Name changed and Bombay Stock Exchange listing

    [1]

    The company became Everest Building Product Ltd. and was listed on the Bombay Stock Exchange.

  • 1934

    Company founded as Asbestos Cement Ltd.

    [1]

    The company was established in Maharashtra under the name Asbestos Cement Ltd., initially focusing on asbestos-cement construction materials.

Products and positioning

An established Indian building-materials and construction-solutions manufacturer combining building-envelope products with pre-engineered steel structures.

  • Building materials

    Roofing

    Everest Industries’ roofing business forms part of its long-established building-materials portfolio. Roofing products are intended to provide weather protection and enclosure for buildings across residential, commercial, industrial, and other construction settings. The available reference identifies roofing as a core operating segment but does not specify the complete current range, materials, technical specifications, or individual product names.

  • Interior building materials

    Ceiling systems

    The company supplies ceiling-related building products as part of its broader construction-solutions offering. Ceiling systems can support interior finishing, visual treatment, acoustic objectives, and the integration of building services, depending on the product design and application. The cited material confirms the segment but does not provide enough information to identify specific current ranges or branded systems.

  • Building materials

    Wall products

    Wall products are among Everest Industries’ reported business segments. They contribute to building enclosure, partitioning, or structural and non-structural wall applications depending on the product type. Available reference material does not detail the full product architecture, construction specifications, or market-by-market assortment.

  • Building materials

    Flooring products

    Everest Industries includes flooring within its construction-materials activities. Flooring products serve the finishing and functional requirements of occupied buildings, potentially spanning multiple construction environments. The available source confirms the category but does not identify individual flooring products, launch dates, materials, or installation systems.

  • Building-envelope systems

    Cladding solutions

    Cladding solutions extend the company’s building-envelope offering beyond roofing and wall products. They can be used to protect and finish external building surfaces while contributing to appearance and environmental performance. The reference material lists cladding solutions as an operating segment but does not provide detailed product or system descriptions.

  • Industrial construction systems

    Pre-engineered steel buildings

    Everest Industries manufactures pre-engineered steel buildings, using industrialized design and fabrication methods to supply structural building systems. Such systems are suited to applications including industrial facilities, warehouses, logistics buildings, and other projects where standardized components and faster site assembly may be advantageous. The company has manufacturing plants for this segment at Roorkee, Ranchi, and Dahej.

Recent events

  • Reported

    Everest Industries reports Q2 and H1 FY 2026-27 results[2]

    Everest Industries Limited released unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. Consolidated net profit after tax for the quarter was ₹207.32 lakh, compared with a net loss in the corresponding quarter of the previous fiscal year.

  • Reported

    Everest Industries announces Pramod Nair as CFO[3]

    Everest Industries Limited announced that it appointed Pramod Nair as Chief Financial Officer, with the appointment effective May 11, 2021.

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