BSE
531346

Eastern Treads Limited

Rubber & Plastics
Consumer Goods

Prices are adjusted according to historical splits.

Eastern Treads Limited Stock Price

Vitals

Today's Low:
₹38
Today's High:
₹39.4
Open Price:
₹39
52W Low:
₹25.05
52W High:
₹44.06
Prev. Close:
₹38.89
Volume:
404

Company Statistics

Market Cap.:
₹188.35 million
Book Value:
12.487
Revenue TTM:
₹711.18 million
Operating Margin TTM:
1.58%
Gross Profit TTM:
₹269.60 million
Profit Margin:
-2.91%
Return on Assets TTM:
0%
Return on Equity TTM:
0%

Company Profile

Eastern Treads Limited had its IPO on under the ticker symbol 531346.

The company operates in the Consumer Goods sector and Rubber & Plastics industry. Eastern Treads Limited has a staff strength of 0 employees.

Stock update

Shares of Eastern Treads Limited opened at ₹39 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹38 - ₹39.4, and closed at ₹39.29.

This is a +1.03% increase from the previous day's closing price.

A total volume of 404 shares were traded at the close of the day’s session.

In the last one week, shares of Eastern Treads Limited have increased by +0.74%.

Eastern Treads Limited's Key Ratios

Eastern Treads Limited has a market cap of ₹188.35 million, indicating a price to book ratio of 2.775 and a price to sales ratio of 0.256.

In the last 12-months Eastern Treads Limited’s revenue was ₹711.18 million with a gross profit of ₹269.60 million and an EBITDA of ₹35.18 million. The EBITDA ratio measures Eastern Treads Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Eastern Treads Limited’s operating margin was 1.58% while its return on assets stood at 0% with a return of equity of 0%.

In Q2, Eastern Treads Limited’s quarterly earnings growth was a positive 0% while revenue growth was a negative 34.3%.

Eastern Treads Limited’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at ₹-3.956 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Eastern Treads Limited’s profitability.

Eastern Treads Limited stock is trading at a EV to sales ratio of 0.7306 and a EV to EBITDA ratio of 18.3396. Its price to sales ratio in the trailing 12-months stood at 0.256.

Eastern Treads Limited stock pays annual dividends of per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
₹375.71 million
Total Liabilities
₹312.39 million
Operating Cash Flow
₹-1654000.00
Capital Expenditure
₹6.07 million
Dividend Payout Ratio
0%

Eastern Treads Limited ended 2024 with ₹375.71 million in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹375.71 million while shareholder equity stood at ₹-68598000.00.

Eastern Treads Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹312.39 million in other current liabilities, 54118000.00 in common stock, ₹-122716000.00 in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹8.01 million and cash and short-term investments were ₹17.21 million. The company’s total short-term debt was ₹0 while long-term debt stood at ₹106.47 million.

Eastern Treads Limited’s total current assets stands at ₹228.15 million while long-term investments were ₹0 and short-term investments were ₹4.39 million. Its net receivables were ₹130.64 million compared to accounts payable of ₹0 and inventory worth ₹72.55 million.

In 2024, Eastern Treads Limited's operating cash flow was ₹-1654000.00 while its capital expenditure stood at ₹6.07 million.

Comparatively, Eastern Treads Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price
₹39.29
52-Week High
₹44.06
52-Week Low
₹25.05
Analyst Target Price

Eastern Treads Limited stock is currently trading at ₹39.29 per share. It touched a 52-week high of ₹44.06 and a 52-week low of ₹44.06. Analysts tracking the stock have a 12-month average target price of .

Its 50-day moving average was ₹37.07 and 200-day moving average was ₹34.13 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 7226.9% of the company’s stock are held by insiders while 191.1% are held by institutions.

Frequently Asked Questions About Eastern Treads Limited

The stock symbol (also called stock or share ticker) of Eastern Treads Limited is 531346

The IPO of Eastern Treads Limited took place on

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About

Eastern Treads Limited, together with its subsidiaries, manufactures and sells tread rubber, rubber based adhesives, and tire retreading accessories in India. It offers pre-cured and conventional tread rubber; hot rubber slabs and camel back treads; cushion/bonding gums; black vulcanizing cement; and radial patches / tyre patches, as well as retreading services. The company also exports its products. Eastern Treads Limited was incorporated in 1993 and is based in Kochi, India.

Address

3A, Eastern Corporate Office, Kochi, India, 682024