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Insights

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  • Company has reported a negative ROE for 3 consecutive years. (Source: Consolidated Financials)

  • Company has spent 4.51% of its operating revenues towards interest expenses and 11.31% towards employee cost in the year ending Mar 31, 2021. (Source: Consolidated Financials)

  • Stock gave a 3 year return of -32.09% as compared to Nifty Smallcap 100 which gave a return of 31.37%. (as of last trading session)

InsightsEastern Treads Ltd.

  • Losing Shareholders Money

    Company has reported a negative ROE for 3 consecutive years. (Source: Consolidated Financials)

  • Employee & Interest Expense

    Company has spent 4.51% of its operating revenues towards interest expenses and 11.31% towards employee cost in the year ending Mar 31, 2021. (Source: Consolidated Financials)

  • Stock Returns vs Nifty Smallcap 100

    Stock gave a 3 year return of -32.09% as compared to Nifty Smallcap 100 which gave a return of 31.37%. (as of last trading session)

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Key Metrics

  • -13.81
  • -3.11
  • 22.50
  • 11
  • 4.20
  • 0.00
  • 10.00
  • 0.28
  • -

Returns

  • 1 Day2.38%
  • 1 Week4.24%
  • 1 Month-17.47%
  • 3 Months-20.52%
  • 1 Year29.52%
  • 3 Years-30.48%
  • 5 Years-73.72%

Eastern Treads Stock Analysis

EARNINGS
FUNDAMENTAL
RELATIVE VALUATION
RISK
PRICE MOMENTUM

NO RATING (NR)

NEGATIVE (1-3)

NEUTRAL (4-7)

POSITIVE (8-10)

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Recommendations

Financials

  • Income (P&L)

  • Balance Sheet

  • Cash Flow

  • Ratios

  • Insights

    • Employee & Interest Expense

      Company has spent 4.51% of its operating revenues towards interest expenses and 11.31% towards employee cost in the year ending Mar 31, 2021. (Source: Consolidated Financials)
    Quarterly | AnnualJun 2021Mar 2021Dec 2020Sep 2020Jun 2020
    Total Income17.0521.7521.0317.8714.09
    Total Income Growth (%)-21.623.4117.7026.78-10.63
    Total Expenses18.1221.6519.6217.2714.15
    Total Expenses Growth (%)-16.3410.3713.6022.07-9.47
    EBIT-1.070.091.410.60-0.05
    EBIT Growth (%)-1,233.09-93.32135.66--136.42
    Profit after Tax (PAT)-1.65-0.430.86-0.40-0.82
    PAT Growth (%)--150.56---
    EBIT Margin (%)-6.270.436.723.35-0.37
    Net Profit Margin (%)-9.69-2.004.09-2.25-5.83
    Basic EPS (₹)-3.16-0.831.64-0.77-1.57
    Quarterly | AnnualJun 2021Mar 2021Dec 2020Sep 2020Jun 2020
    Total Income14.8119.0519.2116.0312.80
    Total Income Growth (%)-22.22-0.8719.8625.27-16.51
    Total Expenses15.6118.7117.6815.4312.86
    Total Expenses Growth (%)-16.585.8114.5820.01-14.82
    EBIT-0.790.341.540.60-0.06
    EBIT Growth (%)-332.28-77.85155.01--124.98
    Profit after Tax (PAT)-1.49-0.310.94-0.38-0.82
    PAT Growth (%)--132.69---
    EBIT Margin (%)-5.331.797.993.76-0.46
    Net Profit Margin (%)-10.03-1.614.88-2.39-6.43
    Basic EPS (₹)-2.84-0.591.79-0.73-1.57
    Quarterly | Annual FY 2021 FY 2020 FY 2019
    Total Revenue74.7478.5697.93
    Total Revenue Growth (%)-4.85-19.783.51
    Total Expenses76.0580.0699.93
    Total Expenses Growth (%)-5.01-19.882.93
    Profit after Tax (PAT)-0.80-1.35-1.77
    PAT Growth (%)---
    Operating Profit Margin (%)2.752.231.65
    Net Profit Margin (%)-1.07-1.71-1.81
    Basic EPS (₹)-1.53-2.57-3.26
    Quarterly | Annual FY 2021 FY 2020 FY 2019 FY 2018 FY 2017
    Total Revenue67.0977.7897.9494.6191.30
    Total Revenue Growth (%)-13.75-20.583.523.624.10
    Total Expenses67.9878.8899.8397.0989.49
    Total Expenses Growth (%)-13.81-20.982.828.498.39
    Profit after Tax (PAT)-0.57-1.12-1.71-2.291.32
    PAT Growth (%)----274.08-61.37
    Operating Profit Margin (%)3.632.751.760.835.27
    Net Profit Margin (%)-0.86-1.45-1.75-2.431.45
    Basic EPS (₹)-1.10-2.15-3.26-4.512.28

    All figures in Rs Cr, unless mentioned otherwise

  • Annual FY 2021 FY 2020 FY 2019
    Total Assets54.5854.5755.80
    Total Assets Growth (%)0.02-2.20-0.15
    Total Liabilities49.3448.3848.02
    Total Liabilities Growth (%)1.990.744.43
    Total Equity5.246.197.78
    Total Equity Growth (%)-15.41-20.37-21.44
    Current Ratio (x)1.041.010.99
    Total Debt to Equity (x)5.634.993.49
    Contingent Liabilities4.433.543.54
    Annual FY 2021 FY 2020 FY 2019 FY 2018 FY 2017
    Total Assets53.0254.4755.6355.8953.46
    Total Assets Growth (%)-2.66-2.09-0.474.5534.46
    Total Liabilities46.7547.6647.6445.9940.89
    Total Liabilities Growth (%)-1.910.043.5912.4798.59
    Total Equity6.276.818.009.9012.58
    Total Equity Growth (%)-7.93-14.88-19.19-21.3037.19
    Current Ratio (x)1.091.061.001.031.21
    Total Debt to Equity (x)5.004.753.432.431.53
    Contingent Liabilities4.433.533.54-8.53

    All figures in Rs Cr, unless mentioned otherwise

  • Insights

    • Decrease in Cash from Investing

      Company has used Rs 0.39 cr for investing activities which is an YoY decrease of 52.93%. (Source: Consolidated Financials)
    Annual FY 2021 FY 2020 FY 2019
    Net Cash flow from Operating Activities3.36-1.681.74
    Net Cash used in Investing Activities-0.39-0.84-1.23
    Net Cash flow from Financing Activities-2.641.77-0.77
    Net Cash Flow0.32-0.75-0.27
    Closing Cash & Cash Equivalent0.530.210.95
    Closing Cash & Cash Equivalent Growth (%)155.11-78.25-21.92
    Total Debt/ CFO (x)9.66-19.4215.94
    Annual FY 2021 FY 2020 FY 2019 FY 2018 FY 2017
    Net Cash flow from Operating Activities4.46-1.321.733.51-0.49
    Net Cash used in Investing Activities-0.56-1.31-0.97-4.25-4.12
    Net Cash flow from Financing Activities-3.651.87-1.031.025.24
    Net Cash Flow0.25-0.76-0.270.280.63
    Closing Cash & Cash Equivalent0.440.190.951.220.95
    Closing Cash & Cash Equivalent Growth (%)131.57-79.97-22.0029.2074.64
    Total Debt/ CFO (x)7.03-24.5015.826.86-39.49

    All figures in Rs Cr, unless mentioned otherwise

  • Insights

    • Losing Shareholders Money

      Company has reported a negative ROE for 3 consecutive years. (Source: Consolidated Financials)
    Annual FY 2021 FY 2020 FY 2019
    Return on Equity (%)-13.86-20.60-22.26
    Return on Capital Employed (%)12.9410.358.84
    Return on Assets (%)-1.46-2.46-3.16
    Interest Coverage Ratio (x)0.610.540.45
    Asset Turnover Ratio (x)136.31143.50174.65
    Price to Earnings (x)-37.31-6.80-13.18
    Price to Book (x)5.171.402.93
    EV/EBITDA (x)14.419.5611.65
    EBITDA Margin (%)5.635.424.36
    Annual FY 2021 FY 2020 FY 2019 FY 2018 FY 2017
    Return on Equity (%)-9.16-16.50-21.35-23.1610.47
    Return on Capital Employed (%)14.8212.209.323.8219.92
    Return on Assets (%)-1.08-2.06-3.06-4.102.46
    Interest Coverage Ratio (x)0.730.660.480.241.61
    Asset Turnover Ratio (x)125.61142.18175.17168.88169.45
    Price to Earnings (x)-52.08-8.14-13.64-18.5546.73
    Price to Book (x)4.751.342.914.294.88
    EV/EBITDA (x)13.188.8411.3522.4012.04
    EBITDA Margin (%)6.825.944.473.077.28

Financial InsightsEastern Treads Ltd.

  • Income (P&L)
  • Cash Flow
  • Ratios
    • Employee & Interest Expense

      Company has spent 4.51% of its operating revenues towards interest expenses and 11.31% towards employee cost in the year ending Mar 31, 2021. (Source: Consolidated Financials)

    • Decrease in Cash from Investing

      Company has used Rs 0.39 cr for investing activities which is an YoY decrease of 52.93%. (Source: Consolidated Financials)

    • Losing Shareholders Money

      Company has reported a negative ROE for 3 consecutive years. (Source: Consolidated Financials)

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Technicals

  • Buy / Sell Signals

  • Price Analysis

  • Pivot Levels & ATR

  • Chart

  • Stock doesnt have any Buy/Sell Signals.

  • Price Analysis Data details are not available.

  • Pivot Levels

    R1R2R3PIVOTS1S2S3
    Classic-------

    Average True Range

    5 DAYS14 DAYS28 DAYS
    ATR---

Peer Comparison

  • Stock Performance

  • Ratio Performance

    • CHART
    • TABLE

    Insights

    • Stock Returns vs Nifty Smallcap 100

      Stock gave a 3 year return of -32.09% as compared to Nifty Smallcap 100 which gave a return of 31.37%. (as of last trading session)
    • 1D
    • 1W
    • 1M
    • 3M
    • 6M
    • 1Y
    • 5Y
  • Insights

    • Stock Returns vs Nifty Smallcap 100

      Stock gave a 3 year return of -32.09% as compared to Nifty Smallcap 100 which gave a return of 31.37%. (as of last trading session)

    Ratio Performance

    NAMEP/E (x)P/B (x)ROE %ROCE %ROA %Rev CAGR [3Yr]OPMNPMBasic EPSCurrent RatioTotal Debt/ Equity (x)Total Debt/ CFO (x)
    Eastern Treads-13.814.30-13.8612.94-1.46-7.482.75-1.32-1.531.045.639.66
    Apcotex Ind24.695.8814.4518.379.770.8511.198.168.521.750.040.15
    Pix Trans14.743.7521.6626.6114.7514.2423.9416.2447.632.560.242.01
    Rubfila Intnl13.162.9616.9520.9813.0813.9814.0210.356.382.790.000.00
    Indag Rubber108.931.197.189.275.950.779.887.235.134.390.050.95
    Add More

    Annual Ratios (%)

    Choose from Peers

    • GRP Ltd
    • Mahalaxmi Rub
    • Tinna Rubber
    • M M Rubber
    • Vamshi Rubber

    See All Parameters

Peers InsightsEastern Treads Ltd.

  • Stock Returns vs Nifty Smallcap 100

    Stock gave a 3 year return of -32.09% as compared to Nifty Smallcap 100 which gave a return of 31.37%. (as of last trading session)

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Shareholding Pattern

  • QOQ Change

  • Total Shareholdings

  • Showing Shareholding as on 30 Jun 2021

    Category30 Jun 202131 Mar 202131 Dec 202030 Sep 2020
    Promoters65.4565.4565.4565.45
    Pledge0.000.000.000.00
    FII0.000.000.000.00
    DII0.000.000.000.00
    Mutual Funds0.000.000.000.00
    Others34.5534.5534.5534.55
  • Showing Shareholding as on 30 Jun 2021

    CategoryNo. of SharesPercentage% Change QoQ
    Promoters34,24,20065.45 %0.00
    Pledge00.00 %0.00
    DII1740.00 %-
    Others18,07,62634.55 %0.00

MF Ownership

MF Ownership details are not available.

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Corporate Actions

  • Board Meeting/AGM

  • Dividends

  • Others
  • Meeting DateAnnounced onPurposeDetails
    Aug 11, 2021Aug 03, 2021Board MeetingQuarterly Results
    Aug 10, 2021Jun 23, 2021AGM-
    Jun 23, 2021Jun 15, 2021Board MeetingAudited Results & A.G.M.
    Feb 08, 2021Feb 01, 2021Board MeetingQuarterly Results
    Nov 12, 2020Nov 04, 2020Board MeetingQuarterly Results
  • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
    Final5%0.5Jun 29, 2017May 05, 2017
    Final5%0.5May 26, 2016Apr 13, 2016
    Interim5%0.5Feb 01, 2016Jan 19, 2016
    Final5%0.5Jul 21, 2015Apr 29, 2015
  • No other corporate actions details are available.

About Eastern Treads

Eastern Treads Ltd., incorporated in the year 1993, is a Small Cap company (having a market cap of Rs 22.50 Crore) operating in Rubber sector. Eastern Treads Ltd. key Products/Revenue Segments include Rubber Products, Other Operating Revenue and Lease Rentals for the year ending 31-Mar-2021. Show More

  • Executives

  • Auditors

  • ME

    M E Mohamed

    Managing Director

    SS

    Sachin Saxena

    Chief Executive Officer

    RJ

    Rajesh Jacob

    Nominee Director

    Show More

  • Walker Chandiok & Co. LLP

Address

3A, 3rd Floor,Eastern Corporate Office,Ernakulam, Kerala - 682024

More Details

Eastern Treads Share Price Update

Eastern Treads Ltd. share price moved up by 2.38% from its previous close of Rs 42.00. Eastern Treads Ltd. stock last traded price is 43.00

Share PriceValue
Today/Current/Last43.00
Previous Day42.00

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