Eastern Treads
- Market cap
- ₹ 16 Cr.
- P/E
- 40.4x
- 52-week range
- 23.2 – 35.99
- ROCE
- 1.9%
- Dividend yield
- 0%
- Sector
- Auto Components
- Industry
- Tyres & Rubber Products
- Listed on
- BSE
About
Eastern Treads Limited is an India-based company, which is primarily engaged in the business of manufacturing and dealing in tread rubber, rubber-based adhesives, tire retreading accessories and retreading services. The Company offers products, including Precured Tread Rubber, Conventional Tread Rubber, Bonding Gum, Black Vulcanizing Cement, and Tire Repair Patches. Its Precured Tread Rubber products category and patterns include truck bias, truck radial, truck mines, LCV patterns, car & auto patterns, and export patterns. It is a supplier of quality treads across Asia, East Africa, the Middle East, and South America, guaranteeing a long tread-life across all terrain and weather conditions.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Tyres & Rubber Products: 20 companies →Eastern Treads against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)40.4 against a typical 21.4: pricier than most peers (1st = cheapest).17th of 20
- Sales growth−15.6% against a typical +21.4% from a year earlier.15th of 16
- Share price, 3 months−3.5% against a typical −7.3%.9th of 20
- Size₹ 15.7 Cr. market value against a typical ₹ 270.9 Cr. (1st = largest).20th of 20
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15 | 15 | 15 | 14 | 14 | 16 | 16 | 17 | 16 | 16 | 13 | 14 |
| Expenses | 15 | 14 | 15 | 15 | 15 | 16 | 16 | 16 | 16 | 15 | 14 | 13 |
| Operating Profit | 0 | 1 | 0 | −1 | −1 | 0 | 0 | 1 | 0 | 1 | −1 | 1 |
| OPM % | 1% | 4.3% | 0.9% | −4.2% | −4.8% | 1.7% | 0.8% | 3.1% | 1.4% | 4.5% | −5.1% | 5.2% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | −1 | −0 | −1 | −1 | −1 | −0 | −0 | −0 | −1 | 0 | 1 | −0 |
| Tax % | −2.2% | −15.4% | −13.6% | −2.1% | −32.9% | −4.1% | −51.1% | 0% | 0% | 0% | −5.1% | 0% |
| Net Profit | −1 | −0 | −1 | −1 | −1 | −0 | −0 | −0 | −1 | 0 | 1 | −0 |
| EPS in Rs | −1.72 | −0.21 | −1.36 | −2.68 | −1.8 | −0.9 | −0.44 | −0.27 | −1.01 | 0.29 | 1.17 | −0.31 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −3%
- 5 Years
- −1%
- 3 Years
- 1%
- TTM
- −5%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 20%
- TTM
- −11%
- 10 Years
- −16%
- 5 Years
- −7%
- 3 Years
- −10%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
Peers
Listed companies in the same business.
| Eastern Treads | ₹ 28.95 | ₹ 16 Cr. | 40.4x | — | — | — |
| MRF | ₹ 1,18,300.00 | ₹ 50,213 Cr. | 20.9x | 2.5x | — | 7.6% |
| Balkrishna Industries | ₹ 2,125.00 | ₹ 41,080 Cr. | 31.9x | 3.6x | — | 12.2% |
| Apollo Tyres | ₹ 384.40 | ₹ 24,342 Cr. | 12.7x | 1.6x | — | 5.8% |
| CEAT | ₹ 3,070.90 | ₹ 12,448 Cr. | 17.1x | 2.6x | 10.8% | 3% |
| JK Tyre & Industries | ₹ 309.60 | ₹ 8,925 Cr. | 10.9x | 1.6x | — | — |
Management
- Navas M. Meeran
- Chairman of the Board, Managing Director
- Devarajan Krishnan
- Chief Executive Officer, Chief Financial Officer, Additional Whole Time Director
- Abil Anil
- Compliance Officer, Company Secretary
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