Eastern Treads
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Eastern Treads

29.49
+0.22
(0.75%)
Market Cap
15.41 Cr
PE Ratio
-
Volume
332.00
Day High - Low
29.85 - 28.00
52W High-Low
40.50 - 27.00
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Key Fundamentals
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Market Cap
15.41 Cr
EPS
-17.54
PE Ratio
-
PB Ratio
-2.14
Book Value
-26.16
EBITDA
-4.80
Dividend Yield
0.00 %
Return on Equity
-2,001.10
Debt to Equity
4.70
Forecast For
Actual

Company News

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positive
Eastern Treads Limited reported profit of ₹14.83 lakhs in Q3FY26 versus loss of ₹46.72 lakhs in Q3FY25, marking significant turnaround despite nine-month losses.
negative
Eastern Treads Limited reported a net loss of Rs 67.49 lakhs for the quarter ended September 30, 2025. The company's total comprehensive loss for the period was Rs 72.22 lakhs, with accumulated losses reaching Rs 1,892.23 lakhs. The company's net worth has eroded, though management expects to recover the carrying amount of assets and discharge liabilities based on business forecasts and fund flow projections. Basic and diluted loss per equity share stood at Rs 1.02. The Board of Directors approved the unaudited financial results at their meeting held on November 10, 2025. The results were reviewed by the Audit Committee and received a limited review report from statutory auditors G. Joseph Associates.
positive
Eastern Treads Limited announced several board composition changes approved by members on September 25, 2025. Mr. Navas Meeran was re-appointed as Director following retirement by rotation. Dr. Siby Varghese's appointment as Independent Director was regularized for a 5-year term effective August 14, 2025. Mr. Devarajan Krishnan's appointment as Director was regularized and he was appointed as Whole Time Director for 3 years, also effective August 14, 2025. Mr. Navas Meeran serves as Chairman of Meeran Group with 33 years of experience in the tyre retreading industry. Dr. Siby Varghese brings extensive rubber industry expertise with a Ph.D. in Polymer Chemistry and over 120 international journal publications. Mr. Devarajan Krishnan, a Chartered Accountant since 1993, serves as both Chief Financial Officer and Chief Executive Officer with over 30 years of corporate experience across various sectors.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
1,479.50
#1 2,015.85
21.35
#1 607.00
18.60
#1 113
-41.98
66.26
375.05
1,944.45
22.87
304.70
-15.53
39
-32.08
56.08
774.05
1,394.51
29.62
509.80
#1 39.90
48
#1 56.10
62.76
1,803.30
961.76
39.32
551.80
19.18
31
-79.55
54.65
71.00
385.30
12.50
556.50
16.59
29
33.33
45.28
169.94
313.63
#1 12.14
525.70
5.80
15
-32.14
61.19
117.15
307.50
70.57
240.20
-8.00
5
-6.45
55.09
405.00
232.39
82.76
32.00
31.15
3
-80.95
59.32
43.07
215.57
-7.78
400.00
-2.18
-4
-46.34
50.09
63.52
183.42
-232.69
0.00
-
-0
-0.30
72.74
Growth Rate
Revenue Growth
8.20 %
Net Income Growth
1,516.67 %
Cash Flow Change
-58.33 %
ROE
18,158.21 %
ROCE
-321.51 %
EBITDA Margin (Avg.)
-198.23 %

Quarterly Financial Results

Quarterly Financials
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Revenue
24
25
21
21
20
16
14
18
19
19
17
21
16
21
Expenses
23
24
20
20
19
15
14
17
17
18
18
22
17
24
EBITDA
1
1
1
1
1
1
1
1
2
1
-1
-1
-0
-3
Operating Profit %
5 %
5 %
6 %
6 %
5 %
4 %
4 %
6 %
9 %
2 %
-3 %
-5 %
-7 %
-14 %
Depreciation
1
1
1
1
1
1
1
1
0
1
1
1
0
0
Interest
1
1
1
1
1
1
1
1
1
1
1
1
1
1
Profit Before Tax
-0
-0
-0
-0
-0
-1
-1
-0
1
-1
-2
-2
-2
-4
Tax
0
-0
0
-0
-0
0
-0
0
-0
-0
-0
-0
0
0
Net Profit
-0
-0
-0
-0
-0
-1
-1
-0
1
-1
-2
-2
-2
-4
EPS in ₹
-0.21
-0.53
-0.19
-0.13
-0.64
-1.61
-1.57
-0.77
1.64
-0.83
-3.16
-4.09
-2.76
-7.53

Balance Sheet

Balance Sheet
2018
2019
2020
2021
2022
Total Assets
56
56
55
55
47
Fixed Assets
16
17
15
12
16
Current Assets
36
37
38
40
31
Capital Work in Progress
3
0
1
2
0
Investments
0
0
0
0
0
Other Assets
38
38
39
41
31
Total Liabilities
56
56
55
55
47
Current Liabilities
35
38
41
39
27
Non Current Liabilities
11
11
8
11
19
Total Equity
10
8
6
5
1
Reserve & Surplus
5
3
1
-7
-12
Share Capital
5
5
5
5
5

Cash Flow

Cash Flow
2018
2019
2020
2021
2022
Net Cash Flow
0
-0
-1
0
0
Investing Activities
-4
-1
-1
-0
3
Operating Activities
4
2
-2
3
1
Financing Activities
1
-1
2
-3
-4

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Promoter
65.45 %
65.45 %
65.45 %
65.63 %
65.67 %
65.67 %
65.67 %
65.67 %
65.67 %
65.67 %
65.67 %
65.67 %
66.26 %
66.26 %
66.26 %
65.78 %
65.75 %
65.74 %
65.48 %
65.48 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
DIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
29.38 %
28.89 %
29.27 %
31.52 %
31.74 %
31.61 %
27.18 %
27.31 %
27.16 %
27.07 %
26.78 %
26.12 %
25.79 %
25.77 %
26.55 %
26.45 %
26.16 %
26.20 %
26.55 %
26.63 %
Others
5.17 %
5.66 %
5.28 %
2.84 %
2.60 %
2.72 %
7.16 %
7.02 %
7.17 %
7.26 %
7.56 %
8.21 %
7.95 %
7.97 %
7.19 %
7.76 %
8.10 %
8.07 %
7.97 %
7.89 %
No of Share Holders
2,010
2,001
2,067
2,169
2,152
2,144
1,887
1,887
1,876
1,875
1,858
1,847
1,969
2,047
2,084
2,141
2,177
2,204
2,256
2,261

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 0.5 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield (%) 0.64 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
12 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Feb 2026 29.90 29.27
25 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
25 Sept 2024 43.28 44.99
12 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Nov 2024 45.99 45.98
14 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Feb 2025 39.77 37.19
29 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
29 May 2025 34.66 33.59
14 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Aug 2025 32.95 34.69
25 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
25 Sept 2025 31.50 30.72
10 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
10 Nov 2025 30.42 30.53

Announcements

Announcement under Regulation 30 (LODR)-Change in Directorate2 hrs ago
Results-Financial Results For 31.12.20253 hrs ago
Board Meeting Outcome for We Herewith Submit The Outcome Of Board Meeting Held Today February 12 2026.3 hrs ago
Re-Lodgement Of Transfer Requests Of Physical Shares - Monthly Update3 days ago
Board Meeting Intimation for Meeting To Be Held On February 12 2026.8 days ago
Announcement under Regulation 30 (LODR)-Annulment / Re-issue of forfeited sharesJan 20, 2026
Re-Lodgement Of Transfer Requests Of Physical Shares - Monthly UpdateJan 05, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 05, 2026
Closure of Trading WindowDec 29, 2025
Re-Lodgment Of Transfer Requests Of Physical Shares - Monthly UpdateDec 08, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 19, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 11, 2025
Results- Unaudited Financial Results For The Quarter Ended September 30 2025Nov 10, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held Today November 10 2025.Nov 10, 2025
Board Meeting Intimation for The Meeting To Be Held On November 10 2025Nov 05, 2025
Re-Lodgement Of Transfer Requests Of Physical Shares - Monthly UpdateNov 05, 2025
Corrigendum With Respect To AGM Outcome Dated September 25 2025Oct 21, 2025
Re-Lodgement Of Transfer Requests For Physical SharesOct 07, 2025
Re-Lodgement Of Transfer Requests Of Physical Shares- Monthly UpdateOct 07, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 06, 2025
Closure of Trading WindowSep 29, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateSep 26, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 26, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 25, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 22, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 03, 2025
Reg. 34 (1) Annual Report.Sep 02, 2025
Reg. 34 (1) Annual Report.Sep 02, 2025
Notice Of 32Nd Annual General Meeting To Be Held On September 25 2025.Sep 02, 2025
Shareholder Meeting-AGM On September 25 2025Sep 02, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 02, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 15, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateAug 14, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementAug 14, 2025
Results- Financial Results For Quarter Ended June 30 2025Aug 14, 2025
Board Meeting Outcome for Outcome Of Board Meeting Dated August 14 2025.Aug 14, 2025
Board Meeting Intimation for The Meeting To Be Held On August 14 2025.Aug 07, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 22, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 03, 2025
Closure of Trading WindowJun 25, 2025
Announcement under Regulation 30 (LODR)-DemiseJun 02, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2025
Announcement Under Regulation 30- Annulment Of Forfeiture Of 900 Equity SharesMay 30, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 30, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementMay 29, 2025
Results- Financial Year March 31 2025May 29, 2025
Board Meeting Outcome for Outcome Of Meeting Of Board Held On May 29 2025.May 29, 2025
Board Meeting Intimation for The Meeting To Be Held On May 29 2025.May 23, 2025
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 24, 2025
Announcement Under Regulation 30 - Update For Tax LitigationApr 22, 2025

Technical Indicators

RSI(14)
Neutral
45.77
ATR(14)
Less Volatile
2.83
STOCH(9,6)
Neutral
25.09
STOCH RSI(14)
Neutral
38.86
MACD(12,26)
Bearish
-0.12
ADX(14)
Weak Trend
24.95
UO(9)
Bearish
43.74
ROC(12)
Downtrend And Accelerating
-4.75
WillR(14)
Oversold
-84.11