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Eastern Treads Ltd

EASTRED Share Price

35.601.03% (-0.37)

EASTRED Share Price Chart

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Consumer DiscretionaryTires & Rubber
SmallcapWith a market cap of ₹19 cr, stock is ranked 4,124
High RiskStock is 3.52x as volatile as Nifty

How to use scorecard? Learn more

Consumer DiscretionaryTires & Rubber
SmallcapWith a market cap of ₹19 cr, stock is ranked 4,124
High RiskStock is 3.52x as volatile as Nifty

EASTRED Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
-5.68-2.49
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
34.726.080.81%

EASTRED Analyst Ratings & Forecast

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

EASTRED 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

EASTRED Similar Stocks (Peers)

Compare with peers 
PE Ratio
33.91
1Y Return
11.32%
Buy Reco %
52.94
PE Ratio
23.30
1Y Return
14.07%
Buy Reco %
37.50
PE Ratio
15.85
1Y Return
8.49%
Buy Reco %
73.91
CEATLTD
PE Ratio
18.14
1Y Return
6.07%
Buy Reco %
75.00
PE Ratio
9.85
1Y Return
32.98%
Buy Reco %
75.00
Compare with Peers

EASTRED Forecasts

Price

Revenue

Earnings

EASTRED

Income

Balance Sheet

Cash Flow

EASTRED Income Statement

Industry refers to the sub-sector this company belongs to.
Lower than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of -8.89%, vs industry avg of 8.67%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.15% to 0.06%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue87.7091.2994.6097.9477.7867.0972.6264.7561.5059.45
Raw Materialssubtract57.8067.5469.3069.5952.8642.7250.2839.8338.3760.14
Power & Fuel Costsubtract2.392.402.743.513.343.022.842.412.47
Employee Costsubtract7.347.558.489.989.828.109.729.979.64
Selling & Administrative Expensessubtract8.566.415.665.764.583.814.879.846.91
Operating & Other expensessubtract3.940.815.524.732.574.899.765.503.04
Depreciation/Amortizationsubtract1.161.822.112.632.472.121.831.651.220.87
Interest & Other Itemssubtract1.382.973.273.613.233.313.203.232.972.55
Taxes & Other Itemssubtract1.730.49-0.18-0.180.03-0.32-0.21-0.45-0.17-0.62
EPS6.282.40-4.25-3.12-2.07-1.03-17.87-13.36-5.45-6.45
DPS0.970.500.000.000.000.000.000.000.000.00
Payout ratio0.150.210.000.000.000.000.000.000.000.00

EASTRED Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2018

Annual report

PDF

Investor Presentation

Dec 20PDF
Sep 25PDF
Sep 21PDF
FY 2019

Annual report

PDF

Investor Presentation

Jun 6PDF
Feb 22PDF
Nov 22PDF
Aug 24PDF
FY 2020

Annual report

PDF

Investor Presentation

Mar 2PDF
Nov 26PDF
Aug 28PDF
 

EASTRED Past Performance & Peer Comparison

Comparing 3 stocks from 
Consumer DiscretionaryTires & Rubber

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Eastern Treads Ltd-6.72-2.49
Balkrishna Industries Ltd33.915.640.62%
MRF Ltd23.302.900.17%
Apollo Tyres Ltd15.851.961.40%

EASTRED Stock Price Comparison

Compare EASTRED with any stock or ETF
Compare EASTRED with any stock or ETF
EASTRED
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EASTRED Shareholdings

EASTRED Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

EASTRED Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

EASTRED Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding65.78%0.00%0.00%0.00%34.22%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

EASTRED Shareholding History

SepDec '23MarJunSepDec '240.00%0.00%0.00%0.00%0.00%0.00%

EASTRED Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing EASTRED stock

Looks like this stock is not in any smallcase yet.

EASTRED Events

EASTRED Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

EASTRED has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

EASTRED Upcoming Dividends

No upcoming dividends are available

EASTRED Past Dividends

Cash Dividend

Ex DateEx DateJun 29, 2017

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Jun 29, 2017

Cash Dividend

Ex DateEx DateMay 26, 2016

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

May 26, 2016

Cash Dividend

Ex DateEx DateFeb 1, 2016

Interim
Interim | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Feb 1, 2016

Cash Dividend

Ex DateEx DateJul 21, 2015

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Jul 21, 2015

EASTRED Stock News & Opinions

Earnings
Eastern Treads reports standalone net loss of Rs 0.47 crore in the December 2024 quarter

Net Loss of Eastern Treads reported to Rs 0.47 crore in the quarter ended December 2024 as against net loss of Rs 0.11 crore during the previous quarter ended December 2023. Sales rose 8.59% to Rs 16.06 crore in the quarter ended December 2024 as against Rs 14.79 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales16.0614.79 9 OPM %1.744.26 - PBDT-0.290.15 PL PBT-0.49-0.13 -277 NP-0.47-0.11 -327 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Eastern Treads to discuss results

Eastern Treads will hold a meeting of the Board of Directors of the Company on 14 February 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Eastern Treads reports standalone net loss of Rs 0.94 crore in the September 2024 quarter

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

4 months agoCapital Market - Live
Corporate
Eastern Treads to convene board meeting

Eastern Treads will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Eastern Treads to convene AGM

Eastern Treads announced that the Annual General Meeting (AGM) of the company will be held on 25 September 2024.Powered by Capital Market - Live

6 months agoCapital Market - Live
Earnings
Eastern Treads reports standalone net loss of Rs 1.40 crore in the June 2024 quarter

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

7 months agoCapital Market - Live
Corporate
Eastern Treads to conduct board meeting

Eastern Treads will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live

7 months agoCapital Market - Live

Eastern Treads relinquishes control over subsidiary - Shipnext

3 years agoBusiness Standard

Eastern Treads reports consolidated net loss of Rs 2.14 crore in the September 2021 quarter

3 years agoBusiness Standard

Eastern Treads Consolidated June 2021 Net Sales At Rs 17.03 Crore, Up 21.1% Y-o-Y

3 years agoMoneycontrol

Frequently asked questions

  1. What is the share price of Eastern Treads Ltd (EASTRED) today?

    The share price of EASTRED as on 28th March 2025 is ₹35.60. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Eastern Treads Ltd (EASTRED) share?

    The past returns of Eastern Treads Ltd (EASTRED) share are
    • Past 1 week: 11.47%
    • Past 1 month: -2.07%
    • Past 3 months: -0.50%
    • Past 6 months: -20.07%
    • Past 1 year: -2.65%
    • Past 3 years: -10.08%
    • Past 5 years: 111.59%

  3. What are the peers or stocks similar to Eastern Treads Ltd (EASTRED)?

    The peers or stocks similar to Eastern Treads Ltd (EASTRED) include:

  4. What is the market cap of Eastern Treads Ltd (EASTRED) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Eastern Treads Ltd (EASTRED) is ₹19.83 Cr as of 28th March 2025.

  5. What is the 52 week high and low of Eastern Treads Ltd (EASTRED) share?

    The 52-week high of Eastern Treads Ltd (EASTRED) is ₹51.40 and the 52-week low is ₹30.

  6. What is the PE and PB ratio of Eastern Treads Ltd (EASTRED) stock?

    The P/E (price-to-earnings) ratio of Eastern Treads Ltd (EASTRED) is -6.72. The P/B (price-to-book) ratio is -2.49.

  7. Which sector does Eastern Treads Ltd (EASTRED) belong to?

    Eastern Treads Ltd (EASTRED) belongs to the Consumer Discretionary sector & Tires & Rubber sub-sector.

  8. How to buy Eastern Treads Ltd (EASTRED) shares?

    You can directly buy Eastern Treads Ltd (EASTRED) shares on Tickertape. Simply sign up, connect your demat account and place your order.