EASTERN TREADS LTD.

Makes and trades tyre retreading materials, which accounted for 93% of segment revenue in the period covered, and operates a small online freight broker service that contributed the remaining 7%. Retreading materials are sold to commercial vehicle tyre dealers and retreaders, while the freight broker matches shippers with truck operators. FY26 revenue from operations was Rs 6,241.11 lakhs, with a net profit of Rs 8.56 lakhs aided by an exceptional Rs 205.03 lakh gain; before exceptional items, the company posted an operating loss of Rs 199.21 lakhs. Materials form the largest cost at 65.3% of revenue, followed by other operating expenses at 19.4% and employee costs at 13.9%. The balance sheet carries accumulated losses of Rs 3,107.33 lakhs and negative other equity of Rs 1,803.65 lakhs; CRISIL has downgraded the long-term rating on Rs 30.5 crore of bank loan facilities to B-/Stable. Mr. Navas Meeran, with over 33 years in the tyre retreading industry, took over as Managing Director in February 2026, and the company has applied for land allotment for a project involving approximately Rs 24 crore in investment.