Eastern Treads Ltd
EASTREDEastern Treads Ltd
EASTRED
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| -6.74 | -2.66 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 39.70 | 6.90 | 0.71% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Eastern Treads is a conglomerate holding company, engaged in the business of manufacturing and dealing of tread rubber and rubber-based adhesives and retreading services
Peers
Compare with peersMRF Ltd
Balkrishna Industries Ltd
Apollo Tyres Ltd
CEAT Ltd
JK Tyre & Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 87.70 | 91.29 | 94.60 | 97.94 | 77.78 | 67.09 | 72.62 | 64.75 | 61.50 | 58.29 | ||||||||||
Raw Materials | 57.80 | 67.54 | 69.30 | 69.59 | 52.86 | 42.72 | 50.28 | 39.83 | 38.37 | 58.52 | ||||||||||
| Power & Fuel Cost | 2.39 | 2.40 | 2.74 | 3.51 | 3.34 | 3.02 | 2.84 | 2.41 | 2.47 | |||||||||||
| Employee Cost | 7.34 | 7.55 | 8.48 | 9.98 | 9.82 | 8.10 | 9.72 | 9.97 | 9.64 | |||||||||||
| Selling & Administrative Expenses | 8.56 | 6.41 | 5.66 | 5.76 | 4.58 | 3.81 | 4.87 | 9.84 | 6.91 | |||||||||||
| Operating & Other expenses | 3.94 | 0.81 | 5.52 | 4.73 | 2.57 | 4.89 | 9.76 | 5.50 | 3.04 | |||||||||||
EBITDA | 7.67 | 6.58 | 2.90 | 4.37 | 4.61 | 4.55 | -4.85 | -2.80 | 1.07 | -0.23 | ||||||||||
| Depreciation/Amortization | 1.16 | 1.82 | 2.11 | 2.63 | 2.47 | 2.12 | 1.83 | 1.65 | 1.22 | 0.95 | ||||||||||
| PBIT | 6.51 | 4.76 | 0.79 | 1.74 | 2.14 | 2.43 | -6.68 | -4.45 | -0.15 | -1.18 | ||||||||||
| Interest & Other Items | 1.38 | 2.97 | 3.27 | 3.61 | 3.23 | 3.31 | 3.20 | 3.23 | 2.97 | 2.58 | ||||||||||
| PBT | 5.13 | 1.79 | -2.48 | -1.87 | -1.09 | -0.88 | -9.88 | -7.68 | -3.12 | -3.76 | ||||||||||
| Taxes & Other Items | 1.73 | 0.49 | -0.18 | -0.18 | 0.03 | -0.32 | -0.21 | -0.45 | -0.17 | -0.62 | ||||||||||
| Net Income | 3.40 | 1.30 | -2.30 | -1.69 | -1.12 | -0.56 | -9.67 | -7.23 | -2.95 | -3.14 | ||||||||||
| EPS | 6.28 | 2.40 | -4.25 | -3.12 | -2.07 | -1.03 | -17.87 | -13.36 | -5.45 | -5.80 | ||||||||||
| DPS | 0.97 | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.15 | 0.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Consumer DiscretionaryTires & Rubber
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Eastern Treads Ltd | -7.18 | -2.66 | — |
| MRF Ltd | 26.99 | 3.36 | 0.15% |
| Balkrishna Industries Ltd | 37.04 | 6.16 | 0.57% |
| Apollo Tyres Ltd | 19.96 | 2.47 | 1.11% |
Price Comparison
Compare EASTRED with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
EASTRED has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 29, 2017
Dividend/Share
₹0.50
Ex DateEx Date
Jun 29, 2017
Cash Dividend
Ex DateEx DateMay 26, 2016
Dividend/Share
₹0.50
Ex DateEx Date
May 26, 2016
Cash Dividend
Ex DateEx DateFeb 1, 2016
Dividend/Share
₹0.50
Ex DateEx Date
Feb 1, 2016
Cash Dividend
Ex DateEx DateJul 21, 2015
Dividend/Share
₹0.50
Ex DateEx Date
Jul 21, 2015
Net Loss of Eastern Treads reported to Rs 0.94 crore in the quarter ended September 2024 as against net loss of Rs 0.90 crore during the previous quarter ended September 2023. Sales declined 7.77% to Rs 14.24 crore in the quarter ended September 2024 as against Rs 15.44 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales14.2415.44 -8 OPM %-4.781.10 - PBDT-1.18-0.59 -100 PBT-1.40-0.92 -52 NP-0.94-0.90 -4 Powered by Capital Market - Live
Eastern Treads will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live
Eastern Treads announced that the Annual General Meeting (AGM) of the company will be held on 25 September 2024.Powered by Capital Market - Live
Net Loss of Eastern Treads reported to Rs 1.40 crore in the quarter ended June 2024 as against net loss of Rs 1.23 crore during the previous quarter ended June 2023. Sales declined 2.27% to Rs 14.20 crore in the quarter ended June 2024 as against Rs 14.53 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales14.2014.53 -2 OPM %-4.23-0.55 - PBDT-1.21-0.87 -39 PBT-1.43-1.25 -14 NP-1.40-1.23 -14 Powered by Capital Market - Live
Eastern Treads will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live
Eastern Treads relinquishes control over subsidiary - Shipnext
Eastern Treads reports consolidated net loss of Rs 2.14 crore in the September 2021 quarter
Eastern Treads Consolidated June 2021 Net Sales At Rs 17.03 Crore, Up 21.1% Y-o-Y
Eastern Treads reports consolidated net loss of Rs 1.65 crore in the June 2021 quarter
Eastern Treads reports consolidated net profit of Rs 0.86 crore in the December 2020 quarter
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of -8.89%, vs industry avg of 8.67%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.15% to 0.06%