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EASTERN TREADS LTD.

Automobile and Auto Components › Auto Components
₹28.95
at close · 28 Oct 2026
▼ 0.05 (-0.17%)

Latest filings

  1. Newspaper notice on special window for share transfer and demat · Compliance
  2. RTA compliance certificate for quarter ended September 2026 · Compliance
  3. Shareholders approve board reappointments at Eastern Treads · Management Changes
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

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.

Revenue mix · reported segments
Manufacture and trading of tyre retreading materials93.0%
Online freight broker service7.0%
Operating scale
FY26 revenue from operations
Rs 6,241.11 lakhsFY26
Retreading materials share of segment revenue
93%FY22 (period end 2022-03-31)
Online freight broker share of segment revenue
7%FY22 (period end 2022-03-31)
Total rated bank loan facilities
Rs 30.5 croreMay 2026
CRISIL long-term rating
CRISIL B-/Stable (downgraded from B/Stable)May 2026
Proposed project investment
Approximately Rs 24 crore (land allotment applied for)February 2026
Who pays it
Commercial vehicle tyre dealers and retreaders for the materials business; shippers and truck operators for the freight broker platform
Biggest cost
Raw materials at 65.3% of revenue
Kind of business
Small, sub-scale auto components manufacturer with eroded net worth and an operating loss before exceptional items
Where it sits
Small participant in the Indian tyre retreading materials segment, registered and listed on BSE
Market Cap
₹16 Cr
P / E (TTM)
—
EV / EBITDA
—
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
-33.6%·
ROCE (FY22)
ROE -1975.4% · margin -6.7%
Leverage
67.59·
Debt / Equity · high
Net debt ₹32 Cr
Revenue FY19→FY22
0.7×▼
Margin −11.4 pts
₹97 Cr → ₹72 Cr
Moves on a normal day
1.52%·
Median daily move
Last 259 sessions · the yardstick for filing-day moves
Where it sits among 16 Tyres & Rubber Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/B#16/16
ROCE#17/17
ROE#16/16
Debt / Equity#16/16
EBITDA margin#16/16
Revenue growth#13/15
Profit growth#16/16

Scorecard

Measured from the filed financials, judged against its Tyres & Rubber Products peers · as of FY22 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Negative returns on capital — −33.6%
#17 of 17 in Tyres & Rubber Products on the latest reported figures · down from 8.8% in FY19
Carries more debt than its peers — 67.59× equity
higher than 100% of its 16 Tyres & Rubber Products peers

Charts

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Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

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Financials

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from EASTERN TREADS LTD.'s filed financials and exchange disclosures

What does EASTERN TREADS LTD. do?

EASTERN TREADS LTD. is a Auto Components company listed on BSE.

Is EASTERN TREADS LTD. profitable?

No. Over the trailing twelve months EASTERN TREADS LTD. reported a net loss of ₹9.56 Cr on revenue of ₹76 Cr.

Does EASTERN TREADS LTD. pay a dividend?

Not in the latest reported year — EASTERN TREADS LTD.'s dividend payout for FY22 was nil.

Is EASTERN TREADS LTD. debt-free?

No. It reported borrowings of ₹33 Cr on its 31 Mar 2022 balance sheet, or net debt of ₹32 Cr after cash. Debt stands at 67.59× equity. That is higher than 100% of its 16 Tyres & Rubber Products peers.

How much does the EASTERN TREADS LTD. share price move in a day?

On a typical session EASTERN TREADS LTD. moves 1.52% — that is the median absolute close-to-close move across its last 259 trading days. MarketPing measures each filing's price reaction against it.

Where can I track EASTERN TREADS LTD.'s announcements?

Every NSE and BSE filing by EASTERN TREADS LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.