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Eastern Treads

  • Market Cap: Micro Cap
  • Industry: Rubber Products
  • ISIN: INE500D01015
  • NSEID:
  • BSEID: 531346
INR
36.85
0.05 (0.14%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 122

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

36.8537.00

52 Week

30.0051.40
Valuation
Technical
Day's Volume

CASH

122 (-48.22%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

65.78%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

With a Negative Book Value, the company has a Weak Long Term Fundamental Strength

  • Poor long term growth as Net Sales has grown by an annual rate of -7.45% and Operating profit at 0% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 0 times
2

Flat results in Dec 24

 
3

Stock is technically in a Mildly Bearish range

4

Risky - Negative EBITDA

5

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Rubber Products

stock-summary
Market cap

INR 19 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

27

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-2.55

stock-summary
Return on Equity

29.53%

stock-summary
Price to Book

-1.62

Revenue and Profits (1 Year):
Net Sales:
16 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-19.89%
0%
-19.89%
1 Year
-7.6%
0%
-7.6%
2 Years
22.34%
0%
22.34%
3 Years
-13.19%
0%
-13.19%
4 Years
-33.0%
0%
-33.0%
5 Years
110.57%
0%
110.57%

Latest dividend: 0.5 per share ex-dividend date: Jun-29-2017

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-7.45%
EBIT Growth (5y)
-194.22%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
-12.67%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
27
Price to Book Value
-1.62
EV to EBIT
-28.22
EV to EBITDA
-49.67
EV to Capital Employed
2.69
EV to Sales
0.84
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-8.00%
ROE (Latest)
Negative BV
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Navas Meeran (25.86%)

Highest Public shareholder

Ashish Dilipbhai Shah (4.02%)

Individual Investors Holdings

26.45%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 12.78% vs 0.28% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 50.00% vs 32.86% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "16.06",
          "val2": "14.24",
          "chgp": "12.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.28",
          "val2": "-0.68",
          "chgp": "141.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.61",
          "val2": "0.57",
          "chgp": "7.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.47",
          "val2": "-0.94",
          "chgp": "50.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.74%",
          "val2": "-4.78%",
          "chgp": "6.52%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -5.11% vs -0.53% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -8.88% vs 44.85% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "28.44",
          "val2": "29.97",
          "chgp": "-5.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-1.28",
          "val2": "0.08",
          "chgp": "-1,700.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.19",
          "val2": "1.59",
          "chgp": "-25.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-2.33",
          "val2": "-2.14",
          "chgp": "-8.88%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-4.50%",
          "val2": "0.27%",
          "chgp": "-4.77%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -0.58% vs -1.60% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -24.44% vs 59.96% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "44.50",
          "val2": "44.76",
          "chgp": "-0.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-1.00",
          "val2": "0.72",
          "chgp": "-238.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.80",
          "val2": "2.23",
          "chgp": "-19.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-2.80",
          "val2": "-2.25",
          "chgp": "-24.44%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-2.25%",
          "val2": "1.61%",
          "chgp": "-3.86%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -0.52% vs -17.21% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 59.20% vs 25.31% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "59.53",
          "val2": "59.84",
          "chgp": "-0.52%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.83",
          "val2": "-2.88",
          "chgp": "128.82%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.97",
          "val2": "3.23",
          "chgp": "-8.05%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-2.95",
          "val2": "-7.23",
          "chgp": "59.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.39%",
          "val2": "-4.81%",
          "chgp": "6.20%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
16.06
14.24
12.78%
Operating Profit (PBDIT) excl Other Income
0.28
-0.68
141.18%
Interest
0.61
0.57
7.02%
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.47
-0.94
50.00%
Operating Profit Margin (Excl OI)
1.74%
-4.78%
6.52%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 12.78% vs 0.28% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 50.00% vs 32.86% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
28.44
29.97
-5.11%
Operating Profit (PBDIT) excl Other Income
-1.28
0.08
-1,700.00%
Interest
1.19
1.59
-25.16%
Exceptional Items
0.00
0.00
Standalone Net Profit
-2.33
-2.14
-8.88%
Operating Profit Margin (Excl OI)
-4.50%
0.27%
-4.77%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -5.11% vs -0.53% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -8.88% vs 44.85% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
44.50
44.76
-0.58%
Operating Profit (PBDIT) excl Other Income
-1.00
0.72
-238.89%
Interest
1.80
2.23
-19.28%
Exceptional Items
0.00
0.00
Standalone Net Profit
-2.80
-2.25
-24.44%
Operating Profit Margin (Excl OI)
-2.25%
1.61%
-3.86%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -0.58% vs -1.60% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -24.44% vs 59.96% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
59.53
59.84
-0.52%
Operating Profit (PBDIT) excl Other Income
0.83
-2.88
128.82%
Interest
2.97
3.23
-8.05%
Exceptional Items
0.00
0.00
Standalone Net Profit
-2.95
-7.23
59.20%
Operating Profit Margin (Excl OI)
1.39%
-4.81%
6.20%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -0.52% vs -17.21% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 59.20% vs 25.31% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Eastern Treads Ltd stock-summary
stock-summary
Eastern Treads Ltd
Micro Cap
Rubber Products
Eastern Treads Ltd, incorporated in July, 1993. The main business of the Company is manufacturing and dealing of tread rubber, rubber based adhesives, tyre retreading accessories and retreading services. It has a good network of branches at all India level. The Company opened 2 in-house model retreading centers in Bengaluru and Chennai called Process Evaluation Centers to demonstrate product application processes and enhance brand image in 2015-16.
Company Coordinates stock-summary
Company Details
3A 3rd Flr 34/137 E NH Bypass, Edappally Ernakulam Kochi Kerala : 682024
stock-summary
Tel: 91-0484-3001100
stock-summary
http://www.easterntreads.com
stock-summary
treads@eastern.in
Registrar Details
Integrated Enterprises (India) Ltd , II Floor , Kences Towers, No 1 Ramakrishna Street, North Usman Road, T Nagar, Chennai
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