Share Price and Basic Stock Data
Last Updated: January 2, 2026, 9:42 pm
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Eastern Treads Ltd operates in the rubber processing and rubber products industry, with its stock price standing at ₹34.1 and a market capitalization of ₹17.8 Cr. The company reported a steady revenue trend, with quarterly sales showing fluctuations, peaking at ₹15.44 Cr in September 2023, before declining slightly to ₹14.79 Cr in December 2023. Over the years, annual sales demonstrated a downward trajectory from ₹89.24 Cr in March 2014 to ₹59.84 Cr in March 2023, although a marginal recovery was noted with annual sales rising to ₹60.24 Cr in March 2025. The operating profit margin (OPM) remained low at 1.43%, indicating challenges in maintaining profitability. The company’s reserves have deteriorated significantly, recorded at -₹18.92 Cr, showcasing potential liquidity issues. This negative reserve trend, coupled with fluctuating sales, accentuates the necessity for strategic adjustments to stabilize revenue and improve market standing.
Profitability and Efficiency Metrics
Eastern Treads Ltd faced considerable challenges in profitability, with a reported net profit of -₹1.37 Cr for the latest fiscal year. The net profit margins have consistently remained negative, peaking at -13.18% in March 2022 and slightly improving to -5.64% in March 2024. The interest coverage ratio (ICR) stood at -1.51x, indicating the company’s inability to cover its interest obligations from its earnings. This is concerning as it suggests high leverage risks. Furthermore, the return on capital employed (ROCE) recorded at 6.31% is low compared to typical sector benchmarks, which generally hover around 10% or higher. The cash conversion cycle (CCC) improved to 44.44 days, indicating a more efficient management of working capital compared to previous years, which could be a positive signal for operational efficiency. However, ongoing negative profitability metrics raise significant concerns about the sustainability of operations.
Balance Sheet Strength and Financial Ratios
The balance sheet of Eastern Treads Ltd reveals significant financial strain, with total borrowings at ₹34.65 Cr against negative reserves of ₹18.92 Cr. The debt-to-equity ratio has soared to 67.59, reflecting a highly leveraged position and potential solvency risks. The company’s current ratio of 1.12 indicates a marginally healthy liquidity position, though the quick ratio of 0.84 suggests potential difficulties in meeting short-term obligations without relying on inventory. Additionally, the price-to-book value (P/BV) ratio stands at 43.45x, which is considerably high, indicating that the market may have inflated expectations compared to the company’s tangible net worth. With net profit margins consistently in the negative, the financial ratios indicate a need for strategic restructuring to enhance shareholder value and financial stability.
Shareholding Pattern and Investor Confidence
Promoter holdings in Eastern Treads Ltd are substantial, standing at 65.48%, indicating a strong commitment from the founding members. However, the public shareholding has remained relatively stable at 34.51%, with the number of shareholders increasing to 2,256, reflecting a growing interest among retail investors. Despite these positive indicators, the absence of foreign institutional investors (FIIs) and domestic institutional investors (DIIs) raises concerns about broader institutional confidence in the company’s prospects. The consistent decline in reserves and ongoing financial challenges may deter institutional investors, potentially impacting future capital inflows. The stability in the promoter’s stake and the gradual increase in the number of public shareholders could be seen as a stabilizing factor, suggesting that there remains some level of confidence among retail investors despite the financial difficulties faced by the company.
Outlook, Risks, and Final Insight
The outlook for Eastern Treads Ltd hinges on its ability to navigate its financial challenges and restore profitability. Key risks include high leverage, as evidenced by the significant debt-to-equity ratio, and ongoing negative profitability metrics, which could hamper operational sustainability. Additionally, the deteriorating reserves pose liquidity risks that could affect day-to-day operations. On a positive note, improvements in the cash conversion cycle and stable promoter holdings provide some hope for recovery. If the company can implement effective cost-cutting measures, improve operational efficiency, and enhance revenue generation, there may be a path towards recovery. However, without significant changes in its financial management and operational strategies, Eastern Treads may continue to face substantial challenges in regaining investor confidence and achieving sustainable growth.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Indag Rubber Ltd | 324 Cr. | 123 | 190/115 | 53.1 | 87.8 | 1.95 % | 2.93 % | 2.86 % | 2.00 |
| Eastern Treads Ltd | 17.8 Cr. | 34.1 | 42.0/27.0 | 25.8 | 0.00 % | 6.31 % | % | 10.0 | |
| Dolfin Rubbers Ltd | 180 Cr. | 179 | 240/167 | 38.9 | 35.7 | 0.00 % | 17.1 % | 16.5 % | 10.0 |
| Vikas Ecotech Ltd | 313 Cr. | 1.77 | 3.43/1.45 | 73.5 | 2.22 | 0.00 % | 2.75 % | 1.37 % | 1.00 |
| Modi Rubber Ltd | 353 Cr. | 141 | 168/87.2 | 21.0 | 276 | 0.00 % | 3.28 % | 2.89 % | 10.0 |
| Industry Average | 570.75 Cr | 311.94 | 37.03 | 111.34 | 0.50% | 8.24% | 9.09% | 6.22 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13.25 | 15.36 | 14.36 | 14.53 | 15.44 | 14.79 | 14.77 | 14.20 | 14.24 | 16.06 | 15.73 | 16.65 | 16.13 |
| Expenses | 14.21 | 15.78 | 15.01 | 14.62 | 15.28 | 14.16 | 14.64 | 14.79 | 14.92 | 15.78 | 15.61 | 16.14 | 15.90 |
| Operating Profit | -0.96 | -0.42 | -0.65 | -0.09 | 0.16 | 0.63 | 0.13 | -0.59 | -0.68 | 0.28 | 0.12 | 0.51 | 0.23 |
| OPM % | -7.25% | -2.73% | -4.53% | -0.62% | 1.04% | 4.26% | 0.88% | -4.15% | -4.78% | 1.74% | 0.76% | 3.06% | 1.43% |
| Other Income | 0.00 | 0.03 | 0.02 | 0.01 | 0.03 | 0.16 | 0.04 | 0.01 | 0.07 | 0.04 | 0.27 | 0.13 | 0.09 |
| Interest | 0.78 | 1.00 | 0.84 | 0.80 | 0.79 | 0.64 | 0.75 | 0.62 | 0.57 | 0.61 | 0.67 | 0.59 | 0.67 |
| Depreciation | 0.41 | 0.40 | 0.42 | 0.38 | 0.33 | 0.28 | 0.23 | 0.22 | 0.22 | 0.20 | 0.19 | 0.19 | 0.18 |
| Profit before tax | -2.15 | -1.79 | -1.89 | -1.26 | -0.93 | -0.13 | -0.81 | -1.42 | -1.40 | -0.49 | -0.47 | -0.14 | -0.53 |
| Tax % | -2.33% | -2.79% | -14.81% | -1.59% | -2.15% | -15.38% | -13.58% | -2.11% | -32.86% | -4.08% | -51.06% | 0.00% | 0.00% |
| Net Profit | -2.10 | -1.74 | -1.61 | -1.23 | -0.90 | -0.11 | -0.71 | -1.40 | -0.94 | -0.47 | -0.23 | -0.14 | -0.53 |
| EPS in Rs | -4.01 | -3.33 | -3.08 | -2.35 | -1.72 | -0.21 | -1.36 | -2.68 | -1.80 | -0.90 | -0.44 | -0.27 | -1.01 |
Last Updated: December 27, 2025, 4:37 am
Below is a detailed analysis of the quarterly data for Eastern Treads Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 16.13 Cr.. The value appears to be declining and may need further review. It has decreased from 16.65 Cr. (Jun 2025) to 16.13 Cr., marking a decrease of 0.52 Cr..
- For Expenses, as of Sep 2025, the value is 15.90 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 16.14 Cr. (Jun 2025) to 15.90 Cr., marking a decrease of 0.24 Cr..
- For Operating Profit, as of Sep 2025, the value is 0.23 Cr.. The value appears to be declining and may need further review. It has decreased from 0.51 Cr. (Jun 2025) to 0.23 Cr., marking a decrease of 0.28 Cr..
- For OPM %, as of Sep 2025, the value is 1.43%. The value appears to be declining and may need further review. It has decreased from 3.06% (Jun 2025) to 1.43%, marking a decrease of 1.63%.
- For Other Income, as of Sep 2025, the value is 0.09 Cr.. The value appears to be declining and may need further review. It has decreased from 0.13 Cr. (Jun 2025) to 0.09 Cr., marking a decrease of 0.04 Cr..
- For Interest, as of Sep 2025, the value is 0.67 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.59 Cr. (Jun 2025) to 0.67 Cr., marking an increase of 0.08 Cr..
- For Depreciation, as of Sep 2025, the value is 0.18 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.19 Cr. (Jun 2025) to 0.18 Cr., marking a decrease of 0.01 Cr..
- For Profit before tax, as of Sep 2025, the value is -0.53 Cr.. The value appears to be declining and may need further review. It has decreased from -0.14 Cr. (Jun 2025) to -0.53 Cr., marking a decrease of 0.39 Cr..
- For Tax %, as of Sep 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 0.00%.
- For Net Profit, as of Sep 2025, the value is -0.53 Cr.. The value appears to be declining and may need further review. It has decreased from -0.14 Cr. (Jun 2025) to -0.53 Cr., marking a decrease of 0.39 Cr..
- For EPS in Rs, as of Sep 2025, the value is -1.01. The value appears to be declining and may need further review. It has decreased from -0.27 (Jun 2025) to -1.01, marking a decrease of 0.74.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 3:49 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 89.24 | 85.28 | 84.45 | 90.59 | 94.38 | 97.46 | 77.45 | 66.60 | 72.28 | 59.84 | 59.53 | 60.24 | 64.57 |
| Expenses | 85.47 | 82.49 | 76.88 | 84.69 | 91.70 | 93.59 | 73.18 | 62.55 | 77.48 | 62.72 | 58.70 | 61.11 | 63.43 |
| Operating Profit | 3.77 | 2.79 | 7.57 | 5.90 | 2.68 | 3.87 | 4.27 | 4.05 | -5.20 | -2.88 | 0.83 | -0.87 | 1.14 |
| OPM % | 4.22% | 3.27% | 8.96% | 6.51% | 2.84% | 3.97% | 5.51% | 6.08% | -7.19% | -4.81% | 1.39% | -1.44% | 1.77% |
| Other Income | 0.33 | 2.11 | 0.11 | 0.70 | 0.22 | 0.48 | 0.33 | 0.49 | 0.34 | 0.08 | 0.24 | 0.39 | 0.53 |
| Interest | 0.83 | 1.54 | 1.38 | 2.97 | 3.27 | 3.61 | 3.23 | 3.31 | 3.20 | 3.23 | 2.97 | 2.46 | 2.54 |
| Depreciation | 0.79 | 0.95 | 1.16 | 1.82 | 2.11 | 2.63 | 2.47 | 2.12 | 1.83 | 1.65 | 1.22 | 0.84 | 0.76 |
| Profit before tax | 2.48 | 2.41 | 5.14 | 1.81 | -2.48 | -1.89 | -1.10 | -0.89 | -9.89 | -7.68 | -3.12 | -3.78 | -1.63 |
| Tax % | 33.87% | 34.85% | 33.66% | 27.07% | -7.26% | -9.52% | 2.73% | -35.96% | -2.12% | -5.86% | -5.45% | -19.84% | |
| Net Profit | 1.64 | 1.58 | 3.41 | 1.32 | -2.29 | -1.71 | -1.12 | -0.57 | -9.68 | -7.23 | -2.95 | -3.03 | -1.37 |
| EPS in Rs | 2.93 | 3.02 | 6.52 | 2.52 | -4.38 | -3.27 | -2.14 | -1.09 | -18.50 | -13.82 | -5.64 | -5.79 | -2.62 |
| Dividend Payout % | 0.00% | 17.12% | 15.39% | 20.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -3.66% | 115.82% | -61.29% | -273.48% | 25.33% | 34.50% | 49.11% | -1598.25% | 25.31% | 59.20% | -2.71% |
| Change in YoY Net Profit Growth (%) | 0.00% | 119.48% | -177.11% | -212.19% | 298.81% | 9.18% | 14.60% | -1647.35% | 1623.56% | 33.89% | -61.91% |
Eastern Treads Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | -5% |
| 3 Years: | -6% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| TTM: | 43% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | -3% |
| 3 Years: | -6% |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Last Updated: September 5, 2025, 3:21 pm
Balance Sheet
Last Updated: December 4, 2025, 2:47 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.35 | 5.41 | 5.41 | 5.41 | 5.41 | 5.41 | 5.41 | 5.41 | 5.41 | 5.41 | 5.41 | 5.41 | 5.41 |
| Reserves | -0.29 | 0.97 | 3.76 | 7.16 | 4.49 | 2.58 | 1.40 | 0.85 | -4.92 | -12.27 | -15.07 | -18.20 | -18.92 |
| Borrowings | 21.89 | 19.34 | 17.27 | 21.35 | 25.88 | 28.44 | 33.55 | 33.17 | 32.70 | 33.60 | 30.97 | 33.34 | 34.65 |
| Other Liabilities | 9.04 | 10.25 | 13.32 | 19.54 | 20.10 | 19.21 | 14.12 | 13.68 | 13.88 | 10.86 | 14.09 | 13.16 | 14.54 |
| Total Liabilities | 35.99 | 35.97 | 39.76 | 53.46 | 55.88 | 55.64 | 54.48 | 53.11 | 47.07 | 37.60 | 35.40 | 33.71 | 35.68 |
| Fixed Assets | 6.50 | 8.82 | 11.08 | 15.96 | 15.89 | 16.87 | 14.33 | 12.00 | 16.03 | 14.29 | 13.51 | 12.27 | 12.07 |
| CWIP | 0.00 | 0.35 | 0.26 | 0.36 | 2.53 | 0.18 | 0.16 | 0.24 | 0.17 | 0.00 | 0.00 | 0.16 | 0.79 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 29.49 | 26.80 | 28.42 | 37.14 | 37.46 | 38.56 | 39.96 | 40.84 | 30.87 | 23.31 | 21.89 | 21.28 | 22.82 |
| Total Assets | 35.99 | 35.97 | 39.76 | 53.46 | 55.88 | 55.64 | 54.48 | 53.11 | 47.07 | 37.60 | 35.40 | 33.71 | 35.68 |
Below is a detailed analysis of the balance sheet data for Eastern Treads Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 5.41 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 5.41 Cr..
- For Reserves, as of Sep 2025, the value is -18.92 Cr.. The value appears to be worsening (becoming more negative). It has deteriorated from -18.20 Cr. (Mar 2025) to -18.92 Cr., marking a decline of 0.72 Cr..
- For Borrowings, as of Sep 2025, the value is 34.65 Cr.. The value appears to be increasing, which may not be favorable. However, Reserves are negative, which is a major warning sign. It has increased from 33.34 Cr. (Mar 2025) to 34.65 Cr., marking an increase of 1.31 Cr..
- For Other Liabilities, as of Sep 2025, the value is 14.54 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 13.16 Cr. (Mar 2025) to 14.54 Cr., marking an increase of 1.38 Cr..
- For Total Liabilities, as of Sep 2025, the value is 35.68 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 33.71 Cr. (Mar 2025) to 35.68 Cr., marking an increase of 1.97 Cr..
- For Fixed Assets, as of Sep 2025, the value is 12.07 Cr.. The value appears to be declining and may need further review. It has decreased from 12.27 Cr. (Mar 2025) to 12.07 Cr., marking a decrease of 0.20 Cr..
- For CWIP, as of Sep 2025, the value is 0.79 Cr.. The value appears strong and on an upward trend. It has increased from 0.16 Cr. (Mar 2025) to 0.79 Cr., marking an increase of 0.63 Cr..
- For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2025, the value is 22.82 Cr.. The value appears strong and on an upward trend. It has increased from 21.28 Cr. (Mar 2025) to 22.82 Cr., marking an increase of 1.54 Cr..
- For Total Assets, as of Sep 2025, the value is 35.68 Cr.. The value appears strong and on an upward trend. It has increased from 33.71 Cr. (Mar 2025) to 35.68 Cr., marking an increase of 1.97 Cr..
However, the Borrowings (34.65 Cr.) are higher than the Reserves (-18.92 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -18.12 | -16.55 | -9.70 | -15.45 | -23.20 | -24.57 | -29.28 | -29.12 | -37.90 | -36.48 | -30.14 | -34.21 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60.62 | 40.06 | 50.27 | 96.74 | 99.27 | 99.36 | 121.31 | 140.63 | 100.95 | 79.66 | 74.13 | 71.25 |
| Inventory Days | 40.62 | 47.33 | 51.70 | 56.85 | 42.33 | 45.76 | 74.90 | 87.16 | 52.12 | 64.56 | 67.92 | 49.97 |
| Days Payable | 38.32 | 42.15 | 55.97 | 71.77 | 76.89 | 67.21 | 63.64 | 75.29 | 52.19 | 54.63 | 89.90 | 76.78 |
| Cash Conversion Cycle | 62.92 | 45.24 | 46.00 | 81.83 | 64.71 | 77.91 | 132.56 | 152.49 | 100.88 | 89.59 | 52.15 | 44.44 |
| Working Capital Days | 31.00 | 30.09 | 40.71 | 20.51 | -1.70 | -3.75 | -7.92 | 13.32 | 8.89 | -59.04 | -89.09 | -113.49 |
| ROCE % | 14.78% | 11.01% | 25.00% | 15.84% | 2.27% | 4.76% | 5.55% | 6.07% | -18.42% | -14.85% | -0.62% | -6.31% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | -17.54 | -1.53 | -2.57 | -3.26 | -4.24 |
| Diluted EPS (Rs.) | -17.54 | -1.53 | -2.57 | -3.26 | -4.24 |
| Cash EPS (Rs.) | -14.23 | 2.13 | 1.80 | 1.53 | -0.34 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 0.89 | 9.68 | 11.45 | 14.37 | 18.30 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 0.89 | 9.68 | 11.45 | 14.37 | 18.30 |
| Revenue From Operations / Share (Rs.) | 133.55 | 137.49 | 144.72 | 180.09 | 174.41 |
| PBDIT / Share (Rs.) | -8.93 | 7.74 | 7.85 | 7.87 | 5.36 |
| PBIT / Share (Rs.) | -12.31 | 3.79 | 3.23 | 2.98 | 1.46 |
| PBT / Share (Rs.) | -18.23 | -2.41 | -2.78 | -3.70 | -4.58 |
| Net Profit / Share (Rs.) | -17.61 | -1.81 | -2.82 | -3.35 | -4.24 |
| NP After MI And SOA / Share (Rs.) | -16.96 | -1.48 | -2.49 | -3.26 | -4.24 |
| PBDIT Margin (%) | -6.68 | 5.63 | 5.42 | 4.36 | 3.07 |
| PBIT Margin (%) | -9.21 | 2.75 | 2.23 | 1.65 | 0.83 |
| PBT Margin (%) | -13.65 | -1.75 | -1.92 | -2.05 | -2.62 |
| Net Profit Margin (%) | -13.18 | -1.32 | -1.94 | -1.86 | -2.43 |
| NP After MI And SOA Margin (%) | -12.69 | -1.07 | -1.71 | -1.81 | -2.43 |
| Return on Networth / Equity (%) | -1896.77 | -13.86 | -20.60 | -22.26 | -23.16 |
| Return on Capital Employeed (%) | -33.64 | 12.94 | 10.35 | 8.84 | 3.82 |
| Return On Assets (%) | -19.50 | -1.46 | -2.46 | -3.16 | -4.10 |
| Long Term Debt / Equity (X) | 32.19 | 1.47 | 1.25 | 1.00 | 0.83 |
| Total Debt / Equity (X) | 67.59 | 5.63 | 4.99 | 3.49 | 2.43 |
| Asset Turnover Ratio (%) | 1.42 | 1.24 | 1.40 | 1.75 | 0.00 |
| Current Ratio (X) | 1.12 | 1.04 | 1.01 | 0.98 | 1.03 |
| Quick Ratio (X) | 0.84 | 0.76 | 0.73 | 0.75 | 0.80 |
| Inventory Turnover Ratio (X) | 5.54 | 4.06 | 5.49 | 7.56 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 0.00 | 0.00 | 0.00 | -13.73 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 0.00 | 0.00 | 0.00 | -168.26 |
| Earning Retention Ratio (%) | 0.00 | 0.00 | 0.00 | 0.00 | 113.73 |
| Cash Earning Retention Ratio (%) | 0.00 | 0.00 | 0.00 | 0.00 | 268.26 |
| Interest Coverage Ratio (X) | -1.51 | 1.25 | 1.31 | 1.18 | 0.88 |
| Interest Coverage Ratio (Post Tax) (X) | -2.01 | 0.70 | 0.53 | 0.49 | 0.29 |
| Enterprise Value (Cr.) | 52.11 | 60.38 | 40.62 | 49.61 | 64.92 |
| EV / Net Operating Revenue (X) | 0.72 | 0.81 | 0.51 | 0.50 | 0.68 |
| EV / EBITDA (X) | -10.79 | 14.41 | 9.56 | 11.65 | 22.40 |
| MarketCap / Net Operating Revenue (X) | 0.29 | 0.40 | 0.11 | 0.23 | 0.45 |
| Retention Ratios (%) | 0.00 | 0.00 | 0.00 | 0.00 | 113.73 |
| Price / BV (X) | 43.45 | 5.17 | 1.40 | 2.93 | 4.29 |
| Price / Net Operating Revenue (X) | 0.29 | 0.40 | 0.11 | 0.23 | 0.45 |
| EarningsYield | -0.43 | -0.02 | -0.14 | -0.07 | -0.05 |
After reviewing the key financial ratios for Eastern Treads Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 22, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 21) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 22, the value is -17.54. This value is below the healthy minimum of 5. It has decreased from -1.53 (Mar 21) to -17.54, marking a decrease of 16.01.
- For Diluted EPS (Rs.), as of Mar 22, the value is -17.54. This value is below the healthy minimum of 5. It has decreased from -1.53 (Mar 21) to -17.54, marking a decrease of 16.01.
- For Cash EPS (Rs.), as of Mar 22, the value is -14.23. This value is below the healthy minimum of 3. It has decreased from 2.13 (Mar 21) to -14.23, marking a decrease of 16.36.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 22, the value is 0.89. It has decreased from 9.68 (Mar 21) to 0.89, marking a decrease of 8.79.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 22, the value is 0.89. It has decreased from 9.68 (Mar 21) to 0.89, marking a decrease of 8.79.
- For Revenue From Operations / Share (Rs.), as of Mar 22, the value is 133.55. It has decreased from 137.49 (Mar 21) to 133.55, marking a decrease of 3.94.
- For PBDIT / Share (Rs.), as of Mar 22, the value is -8.93. This value is below the healthy minimum of 2. It has decreased from 7.74 (Mar 21) to -8.93, marking a decrease of 16.67.
- For PBIT / Share (Rs.), as of Mar 22, the value is -12.31. This value is below the healthy minimum of 0. It has decreased from 3.79 (Mar 21) to -12.31, marking a decrease of 16.10.
- For PBT / Share (Rs.), as of Mar 22, the value is -18.23. This value is below the healthy minimum of 0. It has decreased from -2.41 (Mar 21) to -18.23, marking a decrease of 15.82.
- For Net Profit / Share (Rs.), as of Mar 22, the value is -17.61. This value is below the healthy minimum of 2. It has decreased from -1.81 (Mar 21) to -17.61, marking a decrease of 15.80.
- For NP After MI And SOA / Share (Rs.), as of Mar 22, the value is -16.96. This value is below the healthy minimum of 2. It has decreased from -1.48 (Mar 21) to -16.96, marking a decrease of 15.48.
- For PBDIT Margin (%), as of Mar 22, the value is -6.68. This value is below the healthy minimum of 10. It has decreased from 5.63 (Mar 21) to -6.68, marking a decrease of 12.31.
- For PBIT Margin (%), as of Mar 22, the value is -9.21. This value is below the healthy minimum of 10. It has decreased from 2.75 (Mar 21) to -9.21, marking a decrease of 11.96.
- For PBT Margin (%), as of Mar 22, the value is -13.65. This value is below the healthy minimum of 10. It has decreased from -1.75 (Mar 21) to -13.65, marking a decrease of 11.90.
- For Net Profit Margin (%), as of Mar 22, the value is -13.18. This value is below the healthy minimum of 5. It has decreased from -1.32 (Mar 21) to -13.18, marking a decrease of 11.86.
- For NP After MI And SOA Margin (%), as of Mar 22, the value is -12.69. This value is below the healthy minimum of 8. It has decreased from -1.07 (Mar 21) to -12.69, marking a decrease of 11.62.
- For Return on Networth / Equity (%), as of Mar 22, the value is -1,896.77. This value is below the healthy minimum of 15. It has decreased from -13.86 (Mar 21) to -1,896.77, marking a decrease of 1,882.91.
- For Return on Capital Employeed (%), as of Mar 22, the value is -33.64. This value is below the healthy minimum of 10. It has decreased from 12.94 (Mar 21) to -33.64, marking a decrease of 46.58.
- For Return On Assets (%), as of Mar 22, the value is -19.50. This value is below the healthy minimum of 5. It has decreased from -1.46 (Mar 21) to -19.50, marking a decrease of 18.04.
- For Long Term Debt / Equity (X), as of Mar 22, the value is 32.19. This value exceeds the healthy maximum of 1. It has increased from 1.47 (Mar 21) to 32.19, marking an increase of 30.72.
- For Total Debt / Equity (X), as of Mar 22, the value is 67.59. This value exceeds the healthy maximum of 1. It has increased from 5.63 (Mar 21) to 67.59, marking an increase of 61.96.
- For Asset Turnover Ratio (%), as of Mar 22, the value is 1.42. It has increased from 1.24 (Mar 21) to 1.42, marking an increase of 0.18.
- For Current Ratio (X), as of Mar 22, the value is 1.12. This value is below the healthy minimum of 1.5. It has increased from 1.04 (Mar 21) to 1.12, marking an increase of 0.08.
- For Quick Ratio (X), as of Mar 22, the value is 0.84. This value is below the healthy minimum of 1. It has increased from 0.76 (Mar 21) to 0.84, marking an increase of 0.08.
- For Inventory Turnover Ratio (X), as of Mar 22, the value is 5.54. This value is within the healthy range. It has increased from 4.06 (Mar 21) to 5.54, marking an increase of 1.48.
- For Dividend Payout Ratio (NP) (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 21) which recorded 0.00.
- For Dividend Payout Ratio (CP) (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 21) which recorded 0.00.
- For Earning Retention Ratio (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 21) which recorded 0.00.
- For Cash Earning Retention Ratio (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 21) which recorded 0.00.
- For Interest Coverage Ratio (X), as of Mar 22, the value is -1.51. This value is below the healthy minimum of 3. It has decreased from 1.25 (Mar 21) to -1.51, marking a decrease of 2.76.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 22, the value is -2.01. This value is below the healthy minimum of 3. It has decreased from 0.70 (Mar 21) to -2.01, marking a decrease of 2.71.
- For Enterprise Value (Cr.), as of Mar 22, the value is 52.11. It has decreased from 60.38 (Mar 21) to 52.11, marking a decrease of 8.27.
- For EV / Net Operating Revenue (X), as of Mar 22, the value is 0.72. This value is below the healthy minimum of 1. It has decreased from 0.81 (Mar 21) to 0.72, marking a decrease of 0.09.
- For EV / EBITDA (X), as of Mar 22, the value is -10.79. This value is below the healthy minimum of 5. It has decreased from 14.41 (Mar 21) to -10.79, marking a decrease of 25.20.
- For MarketCap / Net Operating Revenue (X), as of Mar 22, the value is 0.29. This value is below the healthy minimum of 1. It has decreased from 0.40 (Mar 21) to 0.29, marking a decrease of 0.11.
- For Retention Ratios (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 21) which recorded 0.00.
- For Price / BV (X), as of Mar 22, the value is 43.45. This value exceeds the healthy maximum of 3. It has increased from 5.17 (Mar 21) to 43.45, marking an increase of 38.28.
- For Price / Net Operating Revenue (X), as of Mar 22, the value is 0.29. This value is below the healthy minimum of 1. It has decreased from 0.40 (Mar 21) to 0.29, marking a decrease of 0.11.
- For EarningsYield, as of Mar 22, the value is -0.43. This value is below the healthy minimum of 5. It has decreased from -0.02 (Mar 21) to -0.43, marking a decrease of 0.41.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Eastern Treads Ltd:
- Net Profit Margin: -13.18%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: -33.64% (Industry Average ROCE: 8.24%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: -1896.77% (Industry Average ROE: 9.09%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): -2.01
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.84
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 0 (Industry average Stock P/E: 37.03)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 67.59
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: -13.18%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Rubber Processing/Rubber Products | 3A, 3rd Floor, Eastern Corporate Office, Ernakulam Kerala 682024 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Navas M Meeran | Chairman |
| Mr. M E Mohamed | Managing Director |
| Mr. Naiju Joseph | Director |
| Mrs. Shereen Navaz | Director |
| Mrs. Rani Joseph | Director |
| Mr. Natarajan Jeyaseelan | Additional Director |
FAQ
What is the intrinsic value of Eastern Treads Ltd?
Eastern Treads Ltd's intrinsic value (as of 05 January 2026) is ₹47.37 which is 38.91% higher the current market price of ₹34.10, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹17.8 Cr. market cap, FY2025-2026 high/low of ₹42.0/27.0, reserves of ₹-18.92 Cr, and liabilities of ₹35.68 Cr.
What is the Market Cap of Eastern Treads Ltd?
The Market Cap of Eastern Treads Ltd is 17.8 Cr..
What is the current Stock Price of Eastern Treads Ltd as on 05 January 2026?
The current stock price of Eastern Treads Ltd as on 05 January 2026 is ₹34.1.
What is the High / Low of Eastern Treads Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Eastern Treads Ltd stocks is ₹42.0/27.0.
What is the Stock P/E of Eastern Treads Ltd?
The Stock P/E of Eastern Treads Ltd is .
What is the Book Value of Eastern Treads Ltd?
The Book Value of Eastern Treads Ltd is 25.8.
What is the Dividend Yield of Eastern Treads Ltd?
The Dividend Yield of Eastern Treads Ltd is 0.00 %.
What is the ROCE of Eastern Treads Ltd?
The ROCE of Eastern Treads Ltd is 6.31 %.
What is the ROE of Eastern Treads Ltd?
The ROE of Eastern Treads Ltd is %.
What is the Face Value of Eastern Treads Ltd?
The Face Value of Eastern Treads Ltd is 10.0.