Share Price and Basic Stock Data
Last Updated: November 4, 2025, 7:17 pm
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Eastern Treads Ltd operates in the rubber processing and rubber products industry, reporting a market capitalization of ₹17.3 Cr and a stock price of ₹33.1. The company has seen fluctuating revenue trends over recent quarters, with sales recorded at ₹16.87 Cr in June 2022, declining to ₹13.25 Cr in September 2022, and then recovering to ₹15.44 Cr by September 2023. However, the overall annual sales have shown a downward trajectory, from ₹72.28 Cr in March 2022 to ₹59.84 Cr in March 2023, with a slight improvement to ₹60.24 Cr in March 2025. This reflects challenges in maintaining consistent revenue growth, indicative of market volatility and competitive pressures. The company’s operational performance is further stressed by a negative operating profit margin (OPM) of 3.06%, which underscores difficulties in managing production costs and operational efficiency.
Profitability and Efficiency Metrics
Eastern Treads Ltd reported a net profit of ₹-1.78 Cr, highlighting ongoing profitability challenges. The company experienced negative operating profits across several quarters, with the most recent positive OPM of 3.06% occurring in June 2025. The interest coverage ratio (ICR) stood at -1.51x, indicating that the company is unable to cover its interest expenses from operating profits, a significant concern for financial stability. Efficiency metrics reveal a cash conversion cycle (CCC) of 44.44 days, which is relatively high and suggests that the company takes longer to convert its investments in inventory and other resources into cash flows. The ROCE of 6.31% indicates that the company is generating a modest return on its capital employed, but this is below industry standards, potentially limiting future growth opportunities.
Balance Sheet Strength and Financial Ratios
The balance sheet of Eastern Treads Ltd shows significant financial strain, with total borrowings reaching ₹33.34 Cr against reserves of ₹-18.20 Cr. This negative reserve indicates that the company has accumulated losses over time, resulting in a high debt-to-equity ratio, which stood at 67.59x in March 2022. The book value per share is reported at ₹0.89, revealing a stark contrast to the market price, which is significantly inflated at 43.45x price-to-book value (P/BV). This disparity raises concerns about the company’s valuation sustainability. The total liabilities have decreased from ₹47.07 Cr in March 2022 to ₹33.71 Cr in March 2025, but the company must address its negative equity and improve its financial health to attract potential investors and creditors.
Shareholding Pattern and Investor Confidence
As of the latest reporting, Eastern Treads Ltd has a promoter holding of 65.48%, reflecting a strong commitment from the founding members. The public shareholding stands at 34.51%, which indicates a moderate level of retail investor interest. The number of shareholders increased from 1,887 in December 2022 to 2,256 by June 2025, suggesting a growing interest in the company despite its financial challenges. However, the absence of foreign institutional investors (FIIs) and domestic institutional investors (DIIs) may point to a lack of confidence in the company’s long-term prospects. This could affect liquidity and the stock’s ability to attract larger investments. The stability in promoter holdings is a positive sign, but the company must enhance operational performance to bolster investor confidence further.
Outlook, Risks, and Final Insight
Looking ahead, Eastern Treads Ltd faces a dual challenge of improving its profitability while managing its debt levels. The company’s high borrowing costs and negative equity position present significant risks, particularly in an environment of rising interest rates. Additionally, the ongoing operational losses could deter potential investors if not addressed promptly. However, the gradual recovery in sales figures and the recent positive operating profit margin may provide a glimmer of hope for a turnaround. Strategies focusing on cost management, operational efficiency, and market expansion will be crucial in navigating these challenges. Should the company successfully implement these strategies, it could stabilize its financial position and restore investor confidence, paving the way for future growth and profitability.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Eastern Treads Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Indag Rubber Ltd | 336 Cr. | 128 | 210/115 | 52.5 | 86.7 | 1.88 % | 2.93 % | 2.86 % | 2.00 |
| Eastern Treads Ltd | 15.9 Cr. | 30.4 | 48.5/27.0 | 24.4 | 0.00 % | 6.31 % | % | 10.0 | |
| Dolfin Rubbers Ltd | 176 Cr. | 175 | 278/174 | 36.2 | 33.3 | 0.00 % | 17.1 % | 16.5 % | 10.0 |
| Vikas Ecotech Ltd | 334 Cr. | 1.89 | 3.65/1.58 | 56.6 | 2.21 | 0.00 % | 2.75 % | 1.37 % | 1.00 |
| Modi Rubber Ltd | 309 Cr. | 124 | 164/87.2 | 16.7 | 275 | 0.00 % | 3.28 % | 2.89 % | 10.0 |
| Industry Average | 598.13 Cr | 347.65 | 35.14 | 111.86 | 0.49% | 8.24% | 9.09% | 6.22 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 16.87 | 13.25 | 15.36 | 14.36 | 14.53 | 15.44 | 14.79 | 14.77 | 14.20 | 14.24 | 16.06 | 15.73 | 16.65 |
| Expenses | 17.72 | 14.21 | 15.78 | 15.01 | 14.62 | 15.28 | 14.16 | 14.64 | 14.79 | 14.92 | 15.78 | 15.61 | 16.14 |
| Operating Profit | -0.85 | -0.96 | -0.42 | -0.65 | -0.09 | 0.16 | 0.63 | 0.13 | -0.59 | -0.68 | 0.28 | 0.12 | 0.51 |
| OPM % | -5.04% | -7.25% | -2.73% | -4.53% | -0.62% | 1.04% | 4.26% | 0.88% | -4.15% | -4.78% | 1.74% | 0.76% | 3.06% |
| Other Income | 0.03 | 0.00 | 0.03 | 0.02 | 0.01 | 0.03 | 0.16 | 0.04 | 0.01 | 0.07 | 0.04 | 0.27 | 0.13 |
| Interest | 0.61 | 0.78 | 1.00 | 0.84 | 0.80 | 0.79 | 0.64 | 0.75 | 0.62 | 0.57 | 0.61 | 0.67 | 0.59 |
| Depreciation | 0.42 | 0.41 | 0.40 | 0.42 | 0.38 | 0.33 | 0.28 | 0.23 | 0.22 | 0.22 | 0.20 | 0.19 | 0.19 |
| Profit before tax | -1.85 | -2.15 | -1.79 | -1.89 | -1.26 | -0.93 | -0.13 | -0.81 | -1.42 | -1.40 | -0.49 | -0.47 | -0.14 |
| Tax % | -3.78% | -2.33% | -2.79% | -14.81% | -1.59% | -2.15% | -15.38% | -13.58% | -2.11% | -32.86% | -4.08% | -51.06% | 0.00% |
| Net Profit | -1.78 | -2.10 | -1.74 | -1.61 | -1.23 | -0.90 | -0.11 | -0.71 | -1.40 | -0.94 | -0.47 | -0.23 | -0.14 |
| EPS in Rs | -3.40 | -4.01 | -3.33 | -3.08 | -2.35 | -1.72 | -0.21 | -1.36 | -2.68 | -1.80 | -0.90 | -0.44 | -0.27 |
Last Updated: August 19, 2025, 7:40 pm
Below is a detailed analysis of the quarterly data for Eastern Treads Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 16.65 Cr.. The value appears strong and on an upward trend. It has increased from 15.73 Cr. (Mar 2025) to 16.65 Cr., marking an increase of 0.92 Cr..
- For Expenses, as of Jun 2025, the value is 16.14 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 15.61 Cr. (Mar 2025) to 16.14 Cr., marking an increase of 0.53 Cr..
- For Operating Profit, as of Jun 2025, the value is 0.51 Cr.. The value appears strong and on an upward trend. It has increased from 0.12 Cr. (Mar 2025) to 0.51 Cr., marking an increase of 0.39 Cr..
- For OPM %, as of Jun 2025, the value is 3.06%. The value appears strong and on an upward trend. It has increased from 0.76% (Mar 2025) to 3.06%, marking an increase of 2.30%.
- For Other Income, as of Jun 2025, the value is 0.13 Cr.. The value appears to be declining and may need further review. It has decreased from 0.27 Cr. (Mar 2025) to 0.13 Cr., marking a decrease of 0.14 Cr..
- For Interest, as of Jun 2025, the value is 0.59 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.67 Cr. (Mar 2025) to 0.59 Cr., marking a decrease of 0.08 Cr..
- For Depreciation, as of Jun 2025, the value is 0.19 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.19 Cr..
- For Profit before tax, as of Jun 2025, the value is -0.14 Cr.. The value appears strong and on an upward trend. It has increased from -0.47 Cr. (Mar 2025) to -0.14 Cr., marking an increase of 0.33 Cr..
- For Tax %, as of Jun 2025, the value is 0.00%. The value appears to be increasing, which may not be favorable. It has increased from -51.06% (Mar 2025) to 0.00%, marking an increase of 51.06%.
- For Net Profit, as of Jun 2025, the value is -0.14 Cr.. The value appears strong and on an upward trend. It has increased from -0.23 Cr. (Mar 2025) to -0.14 Cr., marking an increase of 0.09 Cr..
- For EPS in Rs, as of Jun 2025, the value is -0.27. The value appears strong and on an upward trend. It has increased from -0.44 (Mar 2025) to -0.27, marking an increase of 0.17.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 3:27 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 | 62.68 |
| 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 | 62.45 |
| 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 | 0.23 |
| 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% | 0.37% |
| 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 | 0.51 |
| 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 | 2.44 |
| 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 | 0.80 |
| 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 | -2.50 |
| 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 | -1.78 |
| 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 | -3.41 |
| 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: October 10, 2025, 3:57 pm
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
Below is a detailed analysis of the balance sheet data for Eastern Treads Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 5.41 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 5.41 Cr..
- For Reserves, as of Mar 2025, the value is -18.20 Cr.. The value appears to be worsening (becoming more negative). It has deteriorated from -15.07 Cr. (Mar 2024) to -18.20 Cr., marking a decline of 3.13 Cr..
- For Borrowings, as of Mar 2025, the value is 33.34 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 30.97 Cr. (Mar 2024) to 33.34 Cr., marking an increase of 2.37 Cr..
- For Other Liabilities, as of Mar 2025, the value is 13.16 Cr.. The value appears to be improving (decreasing). It has decreased from 14.09 Cr. (Mar 2024) to 13.16 Cr., marking a decrease of 0.93 Cr..
- For Total Liabilities, as of Mar 2025, the value is 33.71 Cr.. The value appears to be improving (decreasing). It has decreased from 35.40 Cr. (Mar 2024) to 33.71 Cr., marking a decrease of 1.69 Cr..
- For Fixed Assets, as of Mar 2025, the value is 12.27 Cr.. The value appears to be declining and may need further review. It has decreased from 13.51 Cr. (Mar 2024) to 12.27 Cr., marking a decrease of 1.24 Cr..
- For CWIP, as of Mar 2025, the value is 0.16 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to 0.16 Cr., marking an increase of 0.16 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2025, the value is 21.28 Cr.. The value appears to be declining and may need further review. It has decreased from 21.89 Cr. (Mar 2024) to 21.28 Cr., marking a decrease of 0.61 Cr..
- For Total Assets, as of Mar 2025, the value is 33.71 Cr.. The value appears to be declining and may need further review. It has decreased from 35.40 Cr. (Mar 2024) to 33.71 Cr., marking a decrease of 1.69 Cr..
However, the Borrowings (33.34 Cr.) are higher than the Reserves (-18.20 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 - No data available for this post.
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: 35.14)
- 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 | info@easterntreads.com http://www.easterntreads.com |
| 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 04 November 2025) is 44.80 which is 47.37% higher the current market price of 30.40, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 15.9 Cr. market cap, FY2025-2026 high/low of 48.5/27.0, reserves of ₹-18.20 Cr, and liabilities of 33.71 Cr.
What is the Market Cap of Eastern Treads Ltd?
The Market Cap of Eastern Treads Ltd is 15.9 Cr..
What is the current Stock Price of Eastern Treads Ltd as on 04 November 2025?
The current stock price of Eastern Treads Ltd as on 04 November 2025 is 30.4.
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 48.5/27.0.
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 24.4.
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.