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Eastern Treads share price

Eastern Treads Ltd.

BSE: 531346 SECTOR: Rubber Products  7691   16   0

36.80
-0.15 (-0.41%)
BSE: 28 Mar 04:01 PM

Price Summary

Today's High

₹ 36.9

Today's Low

₹ 34

52 Week High

₹ 48

52 Week Low

₹ 26.55

FinStar is Suspended!

FinStar can not be assigned to this company due to its dicey outlook and insufficient data. We will update the FinStar for this company as soon as the data is updated from its end.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

19.25 Cr.

Enterprise Value

51.58 Cr.

No. of Shares

0.52 Cr.

P/E

0

P/B

0

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  -25.97

CASH

1.28 Cr.

DEBT

33.61 Cr.

Promoter Holding

65.67 %

EPS (TTM)

₹  -7.36

Sales Growth

-17.2%

ROE

0 %

ROCE

-17.32%

Profit Growth

25.33 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-17.2%
3 Year-8.24%
5 Year-8.71%

Profit Growth

1 Year25.33%
3 Year-264.2%
5 Year-202.86%

ROE%

1 Year0%
3 Year-312.06%
5 Year-194.24%

ROCE %

1 Year-17.32%
3 Year-10.28%
5 Year-4.1%

Debt/Equity

-3.0108

Price to Cash Flow

4.01

Interest Cover Ratio

-1.3762072808321

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 65.67 0
Sep 2023 65.67 0
Jun 2023 65.67 0
Mar 2023 65.67 0
Dec 2022 65.67 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 74.231312273046 days.
  • The company has a high promoter holding of 65.67%.

 Limitations

  • The company has shown a poor profit growth of -264.203728360468% for the Past 3 years.
  • The company has shown a poor revenue growth of -8.23976859968011% for the Past 3 years.
  • Company has a poor ROE of -312.058805659708% over the past 3 years.
  • Company has a poor ROCE of -10.2790497700108% over the past 3 years
  • The company has a low EBITDA margin of 0.697337322882644% over the past 5 years.
  • The company has negative book value.
  • The company is trading at a high EV/EBITDA of 189.6894.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 15.36 14.36 14.53 15.44 14.79
Total Expenditure 15.78 15.01 14.62 15.27 14.16
Operating Profit -0.42 -0.65 -0.09 0.17 0.63
Other Income 0.03 0.02 0.01 0.03 0.16
Interest 1 0.84 0.8 0.79 0.64
Depreciation 0.4 0.42 0.38 0.33 0.28
Exceptional Items 0 0 0 0 0
Profit Before Tax -1.79 -1.89 -1.26 -0.92 -0.13
Tax -0.05 -0.28 -0.02 -0.02 -0.02
Profit After Tax -1.74 -1.61 -1.24 -0.9 -0.11
Adjusted EPS (Rs) -3.33 -3.07 -2.36 -1.73 -0.2

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 97.46 77.45 66.6 72.28 59.84
Total Expenditure 93.58 73.17 62.55 77.47 62.72
Operating Profit 3.88 4.28 4.05 -5.2 -2.88
Other Income 0.48 0.33 0.49 0.34 0.08
Interest 3.61 3.23 3.31 3.2 3.23
Depreciation 2.63 2.47 2.12 1.83 1.65
Exceptional Items 0 0 0 0 0
Profit Before Tax -1.89 -1.1 -0.89 -9.89 -7.68
Tax -0.18 0.03 -0.32 -0.21 -0.45
Net Profit -1.71 -1.12 -0.57 -9.68 -7.23
Adjusted EPS (Rs.) -3.26 -2.15 -1.1 -18.5 -13.82

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 5.41 5.41 5.41 5.41 5.41
Total Reserves 2.58 1.4 0.86 -4.93 -12.27
Borrowings 7.96 5.2 7.89 15.57 13.35
Other N/C liabilities 2.5 2.49 2.17 3.75 2.54
Current liabilities 37.17 39.98 36.78 27.24 28.53
Total Liabilities 55.63 54.47 53.1 47.04 37.57
Assets
Net Block 16.87 14.33 12 16.03 14.29
Capital WIP 0.18 0.16 0.24 0.17 0
Intangible WIP 0 0 0 0 0
Investments 0.03 0.03 0.03 0 0
Loans & Advances 0.82 0.78 0.24 0.26 0.46
Other N/C Assets 0.41 0.09 0.14 0.03 0.01
Current Assets 37.33 39.08 40.45 30.56 22.81
Total Assets 55.63 54.47 53.1 47.04 37.57
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -1.89 -1.1 -0.89 -9.89 -7.68
Adjustment 7.12 5.72 5.72 8.32 5.46
Changes in Assets & Liabilities -3.22 -5.93 -0.33 3.01 7.01
Tax Paid -0.01 -0.02 -0.03 -0.04 0
Operating Cash Flow 2 -1.32 4.46 1.4 4.8
Investing Cash Flow -1.24 -1.31 -0.56 2.62 -0.17
Financing Cash Flow -1.03 1.87 -3.65 -3.65 -4.95
Net Cash Flow -0.27 -0.76 0.25 0.36 -0.32

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 65.67 65.67 65.67 65.67 65.67
firoz meeran 25.81 25.81 25.81 25.81 25.81
kerala state industrial d... 11.75 11.75 11.75 11.75 11.75
manalumparayil ebrahim mo... - 0.45 0.45 0.45 0.45
nabeesa meeran 0.65 0.65 0.65 0.65 0.65
navas meeran 25.27 25.27 25.27 25.27 25.27
niza zakir 0.93 0.93 0.93 0.93 0.93
riya mohamed 0.01 0.01 0.01 0.01 0.01
shameena mohamed 0.02 0.02 0.02 0.02 0.02
soyamol anwar sajith 0.76 0.76 0.76 0.76 0.76
mohamed me 0.45 - - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 34.33 34.33 34.33 34.33 34.33
ashish dilipbhai shah 3.16 3.16 3.16 3.43 3.83
biju job 3.02 3.02 3.02 3.02 3.02
investor education and pr... - 4.89 4.89 5.19 5.19
pankaj mansukhlal shah - - - - 1.31
suman chepuri 1.58 1.69 1.72 1.71 1.50
thomas george muthoot . 1.16 - - 1.16 -
thomas george muthoot - 1.16 1.16 - -
investor education and pr... 4.69 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Eastern Treads informs about loss of certificates21 Mar 2024, 3:14PM Eastern Treads informs about issuance of duplicate share certificates8 Mar 2024, 1:48PM Eastern Treads informs about disclosure23 Feb 2024, 9:53AM Eastern Treads - Quaterly Results13 Feb 2024, 2:00PM Eastern Treads - Quaterly Results13 Feb 2024, 2:00PM Eastern Treads - Quaterly Results13 Feb 2024, 2:00PM Eastern Treads informs about closure of trading window29 Dec 2023, 5:05PM Eastern Treads - Quaterly Results8 Nov 2023, 1:01PM Eastern Treads informs about certificate4 Jul 2023, 10:46AM Eastern Treads - Quaterly Results25 May 2023, 5:52PM Eastern Treads - Quaterly Results25 May 2023, 5:52PM Eastern Treads informs about non-applicability of annual secretarial compliance report 26 Apr 2023, 12:03PM Eastern Tread informs about loss of share certificates22 Mar 2023, 2:37PM Eastern Treads - Quaterly Results11 Feb 2023, 12:10PM Eastern Treads - Quaterly Results11 Feb 2023, 12:10PM Eastern Treads - Quaterly Results11 Feb 2023, 12:10PM Eastern treads informs about loss of share certificates7 Dec 2022, 5:28PM Eastern Treads - Quaterly Results9 Nov 2022, 5:47PM Eastern Treads - Quaterly Results9 Nov 2022, 5:47PM Eastern Treads informs about certificate6 Oct 2022, 12:17PM Eastern Treads informs about newspaper advertisements20 Aug 2022, 4:03PM Eastern Treads informs about compliance certificate22 Apr 2022, 5:16PM Eastern Treads informs about compliance certificate2 Apr 2022, 12:31PM Eastern Treads informs about compliances certificate2 Apr 2022, 12:23PM Eastern Treads informs about related party transactions29 Nov 2021, 10:57AM Eastern Treads informs about closure of trading window30 Sep 2021, 1:22PM Eastern Treads informs about press release13 Sep 2021, 4:52PM Eastern Treads informs about closure of trading window6 Sep 2021, 9:49AM Eastern Treads informs about annual report17 Jul 2021, 3:20PM Eastern Treads informs about 28th AGM17 Jul 2021, 3:17PM Eastern Treads informs about newspaper advertisements23 Feb 2021, 3:24PM Eastern Treads resumes operations at various units in kerala 16 Jun 2020, 1:12PM

Eastern Treads Stock Price Analysis and Quick Research Report. Is Eastern Treads an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Eastern Treads has a PE ratio of -4.99966034916106 which is low and comparatively undervalued .

  • Share Price: - The current share price of Eastern Treads is Rs 36.8. One can use valuation calculators of ticker to know if Eastern Treads share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Eastern Treads has ROA of -17.0875581047653 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Eastern Treads has a Current ratio of 0.799597653210713 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Eastern Treads has a ROE of 0 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Eastern Treads has a D/E ratio of -3.0108 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Eastern Treads has an Inventory turnover ratio of 8.77011642335519 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Eastern Treads has reported revenue growth of -17.2036405194575 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Eastern Treads for the current financial year is -4.81255451911218 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Eastern Treads is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Eastern Treads
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