Everest Industries is a 78yrs old company offering building solutions to industrial, commercial, and residential sectors primarily in India.
In addition to the above, its products include asbestos and fiber cement, corrugated sheets, and steel and fiber cement doors.
Roofing: Out of the estimated 25 Cr buildings in India, 46% are considered to have pucca roofs and the rest 54% are made of thatch (kuchcha roofing). The company is into Fibre Cement Roofing which is used for pucca roofing and it costs 1/3rd the cost of an RCC ceiling slab. Everest has a good brand and 17% market share in this business.