What is Eastern Treads share price return in the past 10 years?

Eastern Treads Ltd share price has appreciated 10.5% annually (CAGR) over the past ten years.

Eastern Treads Ltd - Stock Valuation and Financial Performance

Name: Eastern Treads
Brand: Eastern Treads

BSE: 531346 | NSE: | Rubber Products | Small Cap

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Eastern Treads Share Price

₹37.95 0.49 1.31%
as on 23-Apr'24 15:40

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Based on:

Data

M-Cap below 100cr DeciZen not available

Eastern Treads stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

0.00

Market Cap:

19.6 Cr.

52-wk low:

28.2

52-wk high:

Is Eastern Treads Ltd an attractive stock to invest in?

1. Is Eastern Treads Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Eastern Treads Ltd is a below average quality company.

2. Is Eastern Treads Ltd undervalued or overvalued?

The key valuation ratios of Eastern Treads Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Eastern Treads Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Eastern Treads Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Eastern Treads:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	9.9%	7.3%	16.8%	11.3%	-0%	2.3%	3%	4.4%	-20.4%	-16.6%	-
Value Creation Index ⓘ	-0.3	-0.5	0.2	-0.2	-1.0	-0.8	-0.8	-0.7	NA	NA	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	89.3	87.6	87.6	90.6	94.4	97.5	77.5	66.6	72.3	59.8	59
Sales YoY Gr.	-	-1.8%	-0%	3.4%	4.2%	3.3%	-20.5%	-14%	8.5%	-17.2%	-
Adj EPS ⓘ	2.9	1.6	6.5	2.5	-4.4	-3.3	-2.2	-1.1	-18.5	-13.8	-7.4
YoY Gr.	-	-45.1%	305%	-61.4%	-273.8%	NA	NA	NA	NA	NA	-
BVPS (₹) ⓘ	9.5	11.9	17.2	23.7	18.6	14.9	12.7	11.6	-7.6	-21.7	-26
Adj Net Profit ⓘ	1.6	0.8	3.4	1.3	-2.3	-1.7	-1.1	-0.6	-9.7	-7.2	-4
Cash Flow from Ops. ⓘ	-3.8	5.8	5.6	-0.5	3.5	2	-1.3	4.5	1.4	4.8	-
Debt/CF from Ops. ⓘ	-3.1	1.6	1.3	-43.9	7.4	14.2	-25.4	7.4	23.4	7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-4.3%	-8.7%	-8.2%	-17.2%
Adj EPS ⓘ	-218.8%	NA	NA	NA
BVPSⓘ	-209.7%	-203.1%	-219.6%	NA
Share Price	10.5%	-4.4%	-12.2%	18.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	11.6	5.3	19.2	8.3	-20.4	-19.1	-15.2	-8.8	-286.3	226.8	30.9
Op. Profit Mgn % ⓘ	4.2	3.2	8.6	6.5	2.8	4	5.5	6.1	-7.2	-4.8	0.1
Net Profit Mgn % ⓘ	1.8	1	3.9	1.5	-2.4	-1.8	-1.5	-0.9	-13.4	-12.1	-6.5
Debt to Equity ⓘ	0.8	0.6	0.4	1.7	2.6	3.6	4.9	5.3	-8.6	-3	-
Working Cap Days ⓘ	90	107	106	122	133	132	172	201	165	145	71
Cash Conv. Cycle ⓘ	42	45	35	57	69	71	107	131	111	93	-25

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 30.90%

Sales growth has been subdued in last 3 years -8.24%

Sales growth is not so good in last 4 quarters at -8.39%

Latest Financials - Eastern Treads Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-7.4	-17.5
TTM Sales (₹ Cr.)	59.1	72.3
BVPS (₹.) ⓘ	-26	0
Reserves (₹ Cr.) ⓘ	-19	-9
P/BV ⓘ	-1.44	0.00
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	28.21 / 48.00
All Time Low / High (₹)	3.35 / 259.00
Market Cap (₹ Cr.)	19.6
Equity (₹ Cr.)	5.2
Face Value (₹)	10
Industry PE ⓘ	34.9

Management X-Ray of Eastern Treads:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Eastern Treads

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Eastern Treads

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	89.25	87.61	87.59	90.59	94.39	97.46	77.45	66.60	72.28	59.84
Operating Expenses ⓘ	85.48	84.82	80.02	84.70	91.71	93.58	73.17	62.55	77.47	62.72
Manufacturing Costs	4.22	5.09	5.25	4.94	6.89	7.62	7.08	6.16	6.60	5.57
Material Costs	66.49	64.17	58.24	65.09	70.12	68.76	51.22	43.68	52.66	41.16
Employee Cost	5.34	6.23	7.34	7.55	8.48	9.98	9.82	8.10	9.72	9.97
Other Costs ⓘ	9.43	9.33	9.20	7.12	6.22	7.23	5.05	4.60	8.49	6.02
Operating Profit ⓘ	3.77	2.79	7.57	5.89	2.68	3.88	4.28	4.05	-5.20	-2.88
Operating Profit Margin (%)	4.2%	3.2%	8.6%	6.5%	2.8%	4.0%	5.5%	6.1%	-7.2%	-4.8%
Other Income ⓘ	0.33	1.07	0.11	0.70	0.22	0.48	0.33	0.49	0.34	0.08
Interest ⓘ	0.83	1.54	1.38	2.97	3.27	3.61	3.23	3.31	3.20	3.23
Depreciation ⓘ	0.79	0.95	1.16	1.82	2.11	2.63	2.47	2.12	1.83	1.65
Exceptional Items ⓘ	0	1.04	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	2.48	2.42	5.14	1.81	-2.48	-1.89	-1.10	-0.89	-9.89	-7.68
Tax ⓘ	0.84	0.84	1.73	0.49	-0.18	-0.18	0.03	-0.32	-0.21	-0.45
Profit After Tax	1.64	1.58	3.41	1.32	-2.29	-1.71	-1.12	-0.57	-9.68	-7.23
PAT Margin (%)	1.8%	1.8%	3.9%	1.5%	-2.4%	-1.8%	-1.5%	-0.9%	-13.4%	-12.1%
Adjusted EPS (₹)	3.1	3.0	6.5	2.5	-4.4	-3.3	-2.2	-1.1	-18.5	-13.8
Dividend Payout Ratio (%)	0%	17%	15%	20%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	15.06	16.39	19.17	12.58	9.90	8	6.81	6.27	0.48	-6.86
Share Capital ⓘ	15.35	15.41	15.41	5.41	5.41	5.41	5.41	5.41	5.41	5.41
Reserves ⓘ	-0.29	0.97	3.76	7.16	4.49	2.58	1.40	0.86	-4.93	-12.27
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	11.44	8.63	5.42	19.21	24.07	27.43	32.38	27.36	25.78	24.90
Long Term Debt	1.30	2.37	2.52	8.69	8.27	7.96	5.20	7.89	15.57	13.35
Short Term Debt	10.14	6.25	2.90	10.52	15.80	19.47	27.19	19.47	10.21	11.55
Trade Payables	6.98	7.41	8.93	12.80	14.77	12.66	8.92	9.01	7.52	6.16
Others Liabilities ⓘ	2.78	3.55	6.63	8.88	7.14	7.54	6.35	10.46	13.25	13.37
Total Liabilities ⓘ	36.26	35.97	40.14	53.46	55.89	55.63	54.47	53.10	47.04	37.57
Fixed Assets
Gross Block	13.30	15.43	18.85	17.78	19.80	23.22	22.82	22.35	27.58	26.84
Accumulated Depreciation	6.79	6.61	7.77	1.82	3.92	6.34	8.48	10.35	11.56	12.55
Net Fixed Assetsⓘ	6.50	8.82	11.08	15.96	15.89	16.87	14.33	12	16.03	14.29
CWIP ⓘ	0	0.35	0.26	0.36	2.53	0.18	0.16	0.24	0.17	0
Investmentsⓘ	0	0	0	0	0	0.03	0.03	0.03	0	0
Inventories	7.40	8.32	8.25	10.14	8.13	8.61	10.50	10.43	7.49	7.25
Trade Receivables	14.82	9.36	11.63	24.01	25.67	26.53	25.74	25.66	19.99	13.06
Cash Equivalents	0.30	0.98	0.54	1.20	1.66	1.17	0.79	1.24	1.59	1.28
Others Assetsⓘ	7.25	8.15	8.37	1.79	2.01	2.25	2.92	3.51	1.77	1.68
Total Assets ⓘ	36.26	35.97	40.14	53.46	55.89	55.63	54.47	53.10	47.04	37.57

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	-3.83	5.82	5.62	-0.49	3.51	2	-1.32	4.46	1.40	4.80
PBT ⓘ	2.48	1.38	5.14	1.81	-2.48	-1.89	-1.10	-0.89	-9.89	-7.68
Adjustment ⓘ	1.51	2.32	2.37	4.36	5.43	7.12	5.72	5.72	8.32	5.46
Changes in Working Capital ⓘ	-6.31	4.35	1.37	-5.93	0.92	-3.22	-5.93	-0.33	3.01	7.01
Tax Paid ⓘ	-0.84	-0.84	-1.73	-0.73	-0.36	-0.01	-0.02	-0.03	-0.04	0
Cash Flow From Investing Activity ⓘ	-4.23	-2.34	-3.41	-4.12	-4.25	-1.24	-1.31	-0.56	2.62	-0.17
Capex	-4.23	-2.34	-3.41	-4.17	-4.27	-1.25	0.11	0.25	-0.08	-0.21
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0.05	0.02	0.02	-1.43	-0.81	2.69	0.04
Cash Flow From Financing Activityⓘ	7.63	-2.80	-2.65	5.24	1.02	-1.03	1.87	-3.65	-3.65	-4.95
Net Proceeds from Shares ⓘ	0.08	0.07	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	1.19	-1.36	-1.70	-0.16	3.85	8.31	-4.85
Interest Paid ⓘ	0	0	0	-2.27	-2.61	-3	-2.68	-2.79	-2.69	-3.23
Dividend Paid ⓘ	0	-0.31	-0.58	-0.30	-0.30	0	0	0	0	0
Others ⓘ	7.55	-2.55	-2.07	6.62	5.28	3.67	4.72	-4.71	-9.26	3.13
Net Cash Flow ⓘ	-0.43	0.68	-0.43	0.63	0.28	-0.27	-0.76	0.25	0.36	-0.32

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	39.09	27.98	44.9	12.32	-20.74	-19.47	-15.57	-9.03	-927.15	N/A
ROCE (%)	14.8	15.04	25	15.83	2.27	4.77	5.56	6.06	-19.58	N/A
Asset Turnover Ratio	3.25	2.61	2.44	2.05	1.81	1.81	1.48	1.33	1.52	1.53
PAT to CFO Conversion(x)	-2.34	3.68	1.65	-0.37	N/A	N/A	N/A	N/A	N/A	N/A
Working Capital Days
Receivable Days	43	47	41	68	92	94	117	131	109	93
Inventory Days	24	30	33	35	34	30	43	53	43	42
Payable Days	30	41	51	61	72	73	77	75	57	61

Eastern Treads Ltd Stock News

Eastern Treads Ltd FAQs

What is the share price of Eastern Treads?

Company share prices are keep on changing according to the market conditions. The closing price of Eastern Treads on 23-Apr-2024 15:40 is ₹37.95.

What is the market cap of Eastern Treads?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Apr-2024 15:40 the market cap of Eastern Treads stood at ₹19.60.

What is the P/E ratio of Eastern Treads?

The latest P/E ratio of Eastern Treads as of 23-Apr-2024 15:40 is 0.00.

What is the P/B ratio of Eastern Treads?

The latest P/B ratio of Eastern Treads as of 23-Apr-2024 15:40 is -1.44.

What is the 52-week high and low of Eastern Treads?

The 52-week high of Eastern Treads is ₹48.00 and the 52-week low is ₹28.21.

What is the TTM revenue of Eastern Treads?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Eastern Treads is ₹59.12 ( Cr.) .

About Eastern Treads Ltd

Eastern Treads an ISO 9001-2000 certified public limited company. It is engaged in the manufacturing of quality pre-cured tread, cushion/bonding, gum and black vulcanizing cement. The company is taking its quality statement forward on the road to success.

The company is a professionally run organization with a focus on corporate governance. It gives direct/indirect employment to 300 people. It has a good network of branches at all-India level.

Products of the company