---
title: "Mount Everest Mineral Water Ltd (531096) — Share Price, Financials & Analysis"
symbol: "531096"
company: "Mount Everest Mineral Water Ltd"
canonical: "https://tapetide.com/stocks/531096"
isin: "INE690B01018"
bse_code: "531096"
generated_at: "2026-10-13T11:00:17.279Z"
---

# Mount Everest Mineral Water Ltd (531096)

Canonical page: https://tapetide.com/stocks/531096

## Company

- **BSE Code:** 531096
- **ISIN:** INE690B01018
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** himalayanmineralwater.com

## About

Mount Everest Mineral Water Ltd is an India-based company engaged in the sales and production of mineral water.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Debtor days have improved from 57.2 to 42.5 days.

### Weaknesses

- Stock is trading at 7.18 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 5.01% over past five years.
- Company has a low return on equity of 1.01% over last 3 years.
- Earnings include an other income of Rs.2.99 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 120% | 30% | 16% |
| revenue growth | 9% | 10% | 5% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 6.21 | 6.8 | 6.53 | 5.93 | 7.18 | 7.49 | 6.71 | 6.43 |
| Expenses | 6.52 | 6.94 | 6.12 | 6.17 | 6.64 | 6.29 | 6.87 | 6.41 |
| Operating Profit | -0.31 | -0.14 | 0.41 | -0.24 | 0.54 | 1.2 | -0.16 | 0.02 |
| OPM % | -4.99 | -2.06 | 6.28 | -4.05 | 7.52 | 16.02 | -2.38 | 0.31 |
| Other Income | 0.65 | 0.82 | 0.69 | 0.74 | 0.71 | 0.76 | 0.84 | 0.68 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.3 | 0.28 | 0.28 | 0.28 | 0.29 | 0.35 | 0.34 | 0.34 |
| Profit before tax | 0.04 | 0.4 | 0.82 | 0.22 | 0.96 | 1.61 | 0.34 | 0.36 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.04 | 0.4 | 0.82 | 0.22 | 0.96 | 1.61 | 0.33 | 0.36 |
| EPS in Rs | 0.01 | 0.12 | 0.24 | 0.06 | 0.28 | 0.47 | 0.1 | 0.11 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 15.67 | 22.58 | 22.58 | 20.71 | 18.47 | 19.98 | 18.88 | 22.05 | 26.45 | 27.81 |
| Expenses | 13.41 | 21.14 | 28.78 | 53.16 | 34.51 | 33.27 | 21.87 | 23.1 | 25.88 | 26.21 |
| Operating Profit | 2.26 | 1.44 | -6.2 | -32.45 | -16.04 | -13.29 | -2.99 | -1.05 | 0.57 | 1.6 |
| OPM % | 14.42 | 6.38 | -27.46 | -156.69 | -86.84 | -66.52 | -15.84 | -4.76 | 2.16 | 5.75 |
| Other Income | 0.42 | 0.9 | 1.33 | 6.05 | 4.28 | 3.42 | 2.83 | 2.77 | 2.96 | 2.99 |
| Interest | 0.56 | 0.03 | 0.03 | 0.05 | 0.04 | 0.04 | 0 | 0 | 0 | 0 |
| Depreciation | 0.93 | 0.97 | 1.28 | 1.33 | 2.3 | 1.94 | 1.48 | 1.18 | 1.13 | 1.32 |
| Profit before tax | 1.19 | 1.34 | -6.18 | -27.78 | -14.1 | -11.85 | -1.64 | 0.54 | 2.4 | 3.27 |
| Tax % | 6.72 | 5.97 | 2.43 | 0.68 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | 1.11 | 1.26 | -6.33 | -27.97 | -14.1 | -11.85 | -1.64 | 0.54 | 2.39 | 3.26 |
| EPS in Rs | 0.38 | 0.44 | -1.86 | -8.23 | -4.15 | -3.49 | -0.48 | 0.16 | 0.7 | 0.96 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 28.9 | 28.9 | 34 | 34 | 34 | 34 | 34 | 34 | 34 |
| Reserves | 4.26 | 5.24 | 65.05 | 37.08 | 22.98 | 11.13 | 9.49 | 10.03 | 12.42 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 1.69 | 2.51 | 11.18 | 7.22 | 8.76 | 6.17 | 4.79 | 6.07 | 6.43 |
| Total Liabilities | 34.85 | 36.65 | 110.23 | 78.3 | 65.74 | 51.3 | 48.28 | 50.1 | 52.85 |
| Fixed Assets | 14.19 | 14.78 | 15.54 | 14.99 | 13.23 | 13.66 | 12.64 | 12.13 | 17.13 |
| CWIP | 0 | 1.32 | 1.91 | 1.69 | 2.86 | 1.18 | 1.65 | 1.35 | 0.26 |
| Investments | 0 | 0 | 70.62 | 5.78 | 19.02 | 3.58 | 0 | 1.12 | 2.26 |
| Other Assets | 20.66 | 20.55 | 22.16 | 55.84 | 30.63 | 32.88 | 33.99 | 35.5 | 33.2 |
| Total Assets | 34.85 | 36.65 | 110.23 | 78.3 | 65.74 | 51.3 | 48.28 | 50.1 | 52.85 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.15 | -1.13 | -10.28 | -24.84 | -18.45 | -10.85 | -3.49 | -2.11 | 2.83 |
| Cash from Investing Activity | 0.04 | -2.09 | -69.84 | 23.63 | 18.15 | 11.02 | 3.86 | 1.47 | -2.84 |
| Cash from Financing Activity | 13.65 | -0.28 | 71.23 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | 13.84 | -3.5 | -8.89 | -1.21 | -0.3 | 0.17 | 0.37 | -0.64 | -0.01 |
| Free Cash Flow | -0.15 | -4.01 | -13.42 | -26.24 | -20.2 | -11.55 | -4.67 | -3.16 | -2.3 |
| CFO/OP | 8 | -73 | 165 | 76 | 109 | 74 | 88 | 123 | 609 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 82.46 | 115.74 | 178.46 | 74.2 | 110.67 | 55.72 | 62.64 | 66.54 | 42.5 |
| Inventory Days | 94.02 | 59.42 | 127.37 | 115.13 | 163.43 | 131.16 | 118.16 | 93.36 | 83.47 |
| Days Payable | 108.24 | 117.25 | 133.35 | 104.8 | 186.78 | 96.72 | 52.58 | 66.99 | 66.49 |
| Cash Conversion Cycle | 68.24 | 57.91 | 172.48 | 84.52 | 87.32 | 90.16 | 128.21 | 92.92 | 59.48 |
| Working Capital Days | 88.98 | 110.89 | 148.88 | 846.85 | 426.85 | 467.48 | 507.29 | 435.02 | 320.57 |
| ROCE % | — | 4.07 | -5.29 | -32.66 | -21.97 | -23.97 | -3.39 | 1.05 | 5.31 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 40.46% | 40.46% | 40.4% | 40.32% | 40.24% | 40.48% | 41.02% | 41.05% | 41.11% | 41.1% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.05% | 0% |
| DIIs | 9.84% | 9.83% | 9.83% | 9.83% | 9.83% | 9.83% | 9.83% | 8.91% | 7.48% | 7.48% |
| Public | 49.7% | 49.71% | 49.77% | 49.85% | 49.94% | 49.7% | 49.15% | 50.04% | 51.36% | 51.42% |
| No. of Shareholders | 9150 | 9109 | 9649 | 9189 | 9880 | 11556 | 11931 | 11634 | 11070 | 10825 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 41.02% | 41.02% | 41.05% | 41.05% | 41.05% | 41.05% | 41.05% | 41.05% | 41.11% | 41.03% | 41.03% | 41.1% |
| FIIs | 0% | 0% | 0% | 0.18% | 0% | 0% | 0.05% | 0.05% | 0.05% | 0% | 0% | 0% |
| DIIs | 9.83% | 9.83% | 9.83% | 9.35% | 8.91% | 8.91% | 8.14% | 8.14% | 7.48% | 7.48% | 7.48% | 7.48% |
| Public | 49.15% | 49.16% | 49.12% | 49.42% | 50.04% | 50.03% | 50.76% | 50.76% | 51.36% | 51.49% | 51.49% | 51.42% |
| No. of Shareholders | 11931 | 11748 | 11433 | 11614 | 11634 | 11779 | 11460 | 11171 | 11070 | 11001 | 10887 | 10825 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 7 / 1 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 16.95 | Sell |
| EMA (10) | 16.92 | Sell |
| SMA (20) | 19.73 | Sell |
| EMA (20) | 20.26 | Sell |
| SMA (50) | 30.64 | Sell |
| EMA (50) | 27.69 | Sell |
| SMA (100) | 35.6 | Sell |
| EMA (100) | 31.54 | Sell |
| SMA (200) | 32.91 | Sell |
| EMA (200) | 30.7 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 8.09 | Buy |
| MACD (12,26,9) | -4.62 | Buy |
| Stochastic (14,3,3) | 0.6 | Buy |
| ADX (14) | 67.34 | Buy |
| Williams %R (14) | -98.19 | Buy |
| ATR (14) | 1.23 | High Volatility |
| ROC (12) | -33.71 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 12.14 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-17 | [Announcement Under Regulation 30 Of SEBI LODR-Updates](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b810cce-fd22-41cd-a2a6-49d65235a2f2.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/15a54856-5c48-4c55-aac4-83aeaeebfe7b.pdf) |
| 2026-02-11 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f232fee3-11d3-4f69-bd77-a1282e9e668b.pdf) |
| 2026-02-11 | [Results - Financial Results For Dec 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b46c0714-71b4-4483-8808-6d808761a477.pdf) |
| 2026-02-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dda101dc-89be-46eb-94ce-faf31aca37e0.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd358666-9901-42eb-b4b0-0aa6395d34c3.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/54d49c94-a969-4677-98f1-f6a3ada7c89b.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fee92c91-88e8-4dd1-b5fa-501f73148728.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/530315/75316530315.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/530315/70418530315.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/530315/65303530315.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/530315/5303150319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/530315/5303150318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/530315/5303150317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/530315/5303150316.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-01-21 | Credit rating update — ICRA |
| 2024-12-05 | Credit rating update — ICRA |
| 2024-03-07 | Credit rating update — ICRA |
| 2023-02-28 | Credit rating update — ICRA |
| 2021-11-03 | Credit rating update — ICRA |
| 2021-10-14 | Credit rating update — ICRA |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:17.279Z.