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531346 - Eastern Treads Share Price

₹61 0.3  0.4%

Last Trade - 11/05/21

Consumer Cyclicals
Micro Cap
Market Cap £3.08m
Enterprise Value £6.29m
Revenue £6.60m
Position in Universe 2325th / 3109
Unlock 531346 Revenue
Relative Strength (%)
1m +5.88%
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -8.96%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
876.1 875.9 957.7 953.9 974.6 783.2 -2.2%
-44.1 +280 -61.4
Balance Sheet
FINANCIAL BRIEF: : For the nine months ended 31 December 2020, EasternTreads Ltd revenues decreased 16% to RS527.6M. Net lossdecreased 28% to RS3.6M. Revenues reflect a decrease indemand for the Company's products and services due tounfavorable market conditions. Lower net loss reflectsEmployee benefits expense decrease of 20% to RS59.5M(expense), Depreciation and amortisation expense decreaseof 16% to RS16.2M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History


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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
Net Profit
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
531346 EPS Forecasts Unlock 531346 Revenue
Profile Summary

Eastern Treads Limited (ETL) is an India-based conglomerate holding company. The Company is engaged in the business of manufacturing and dealing of tread rubber and rubber-based adhesives and retreading services. The Company manufactures precured tread rubber, cushion/bonding gum, black vulcanizing cement, rubber compounds and tire repair patches. Its precured treads are available in various types, such as truck bias, truck radial, truck mines, car and auto patterns, and export patterns. Its hot rubber slab and camel back treads include precured tread rubber and radial patches/tire patches. ETL manufactures a range of bonding gum, including one suitable for the steam bonding process and the other suitable for the electric chamber process. Its repair patches are made from nylon fabric. It offers a range of patches for minor to major tire injury repair. The Company's black vulcanizing cement is formulated for both precured and conventional process.

Last Annual March 31st, 2020
Last Interim December 31st, 2020
Incorporated July 2, 1993
Public Since October 9, 1995
No. of Shareholders: n/a
No. of Employees: n/a
Sector Consumer Cyclicals
Industry Automobiles & Auto Parts
Exchange Bombay Stock Exchange
Shares in Issue 5,232,000
Free Float (0.0%)
Eligible for
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Address , KOCHI, 682024, India
Phone +91 484 3001100
Auditors Walker Chandiok & Co LLP
531346 Share Price Performance
Share Price
Bid - Ask
Low - High
Day's Change
Avg Volume
Open - Close
Range (12m)
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Frequently Asked Questions for Eastern Treads
What is the Eastern Treads share price?

As of 11/05/21, shares in Eastern Treads are trading at ₹61, giving the company a market capitalisation of £3.08m. This share price information is delayed by 15 minutes.

How has the Eastern Treads share price performed this year?

Shares in Eastern Treads are currently trading at ₹61 and the price has moved by 0.196k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Eastern Treads price has moved by 82.7% over the past year.

What are the analyst and broker recommendations for Eastern Treads?

There are no analysts currently covering Eastern Treads.

When will Eastern Treads next release its financial results?

Eastern Treads is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Eastern Treads dividend yield?

Eastern Treads does not currently pay a dividend.

Does Eastern Treads pay a dividend?

Eastern Treads does not currently pay a dividend.

When does Eastern Treads next pay dividends?

Eastern Treads does not currently pay a dividend.

How do I buy Eastern Treads shares?

To buy shares in Eastern Treads you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Eastern Treads?

Shares in Eastern Treads are currently trading at ₹61, giving the company a market capitalisation of £3.08m.

Where are Eastern Treads shares listed? Where are Eastern Treads shares listed?

Here are the trading details for Eastern Treads:

Country of listing: India
Exchange: BSE
Ticker Symbol: 531346
What kind of share is Eastern Treads?

Based on an overall assessment of its quality, value and momentum, Eastern Treads is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Eastern Treads share price forecast 2021?

We were not able to load any forecast data for Eastern Treads.

How can I tell whether the Eastern Treads share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Eastern Treads. Over the past six months, the relative strength of its shares against the market has been 47.9%. At the current price of ₹61, shares in Eastern Treads are trading at 50.62% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Eastern Treads PE Ratio?

We were not able to find PE ratio data for Eastern Treads.

Who are the key directors of Eastern Treads?

We were unable to find the directors for Eastern Treads.

Who are the major shareholders of Eastern Treads?

Here are the top five shareholders of Eastern Treads based on the size of their shareholding:

Meeran (Firoz) Individual Investor
Percentage owned: 25.81% (1.35m shares)
Meeran (Navas M) Individual Investor
Percentage owned: 25.27% (1.32m shares)
Kerala State Industrial Development Co., Ltd. Corporation
Percentage owned: 11.75% (615k shares)
Job (Biju) Individual Investor
Percentage owned: 3.2% (168k shares)
Equity Intelligence India Private Limited Investment Advisor
Percentage owned: 1.91% (100.0k shares)
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