Eastern Treads Ltd Stock Price Today (NSE: EASTRED)

Eastern Treads Ltd

27.670.08 (0.29%)
Market Closed

Fundamental Score

...

Eastern Treads Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Eastern Treads Ltd share price today is 27.67, down 0.29% on NSE/BSE as of 17 June 2026. Eastern Treads Ltd (EASTRED) is a Small-cap company in the Tyres & Rubber Products sector with a market capitalisation of 16.70 (Cr). The 52-week high for EASTRED share price is 37.85 and the 52-week low is 25.04.

Eastern Treads Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
32.70
Low
25.21
Volume
1.1K
Change
-2.97%

Eastern Treads Ltd share price chart: -2.97% return over the past month. 52-week high ₹37.85, 52-week low ₹25.04.

Eastern Treads Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
28.4028.4026.0528.04142.00 (Cr)
28.8928.8926.2528.18153.00 (Cr)
26.6028.4026.4528.32484.00 (Cr)
28.4028.4028.4028.400.00 (Cr)
28.4028.4028.4028.400.00 (Cr)
27.5028.5027.0028.40688.00 (Cr)
28.1628.6927.6128.504.00 (Cr)
29.0029.0026.7227.61629.00 (Cr)
26.1129.3926.1129.39110.00 (Cr)
28.0029.4828.0029.39649.00 (Cr)

Eastern Treads Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
28.8928.8926.0528.04-2.94%
29.1729.4825.2128.32-2.91%
25.5533.8925.5528.60+11.94%
28.7032.5025.0428.20-1.74%
32.9933.6327.1530.63-7.15%
30.3434.4827.0030.47+0.43%
31.0034.9027.5530.34-2.13%
30.6034.9928.0031.01+1.34%
30.7035.8927.0130.80+0.33%
30.0233.8828.3030.70+2.27%
34.7537.8529.2930.02-13.61%
33.0836.0032.3134.79+5.17%

AI Research Briefing

Powered by Gemini · 2026-04-10

Micro-cap tyre retreader with negative profitability and high liquidity risk; avoid unless speculating on a turnaround.

Research Confidence
4.0/10Low
DEBT TRAP TURNAROUNDPrice is -28.5% from its 52-week high. 3M performance is 1.37%, indicating consolidation.P/E is non-existent due to losses. Industry P/E is 30.93x, making Eastern Treads difficult to value.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Eastern Treads closed its trading window on April 1, 2026, ahead of its FY26 earnings release. The company posted a profit of Cr in the Dec 31, 2025 quarter after three consecutive quarters of losses. The stock price moved up by 3.96% on April 7, 2026, closing at

CORE STORY (THE REAL GAME)

Eastern Treads is a micro-cap play on the cyclical tyre retreading industry, vulnerable to raw material price fluctuations and working capital pressures. It's a turnaround story dependent on management's ability to improve profitability and sales growth.

Why Now
  • Recent quarterly profit after consecutive losses
  • Stock price increase of 3.96% on April 7, 2026
  • Low beta suggests lower volatility
Potential Catalysts
  • Sustained profitability in upcoming quarters
  • Significant increase in sales volume
  • Successful implementation of cost-cutting measures
Key Risks
  • Micro-cap with a market cap of ₹16.7 Cr poses high liquidity risk
  • Negative ROE and ROCE indicate poor profitability
  • Negative sales CAGR over the past 5 years signals declining revenue
Institutional Activity

Promoter stake decreased by 0.26%, signaling potential lack of confidence. No FII or DII investment.

Macro Context

Rising rubber and crude prices pose a headwind for the tyre industry.

Cash Flow Quality

Free cash flow is positive at ₹13.54 Cr over 5 years, but recent profitability is questionable.

3–6 Month Outlook

The next 3-6 months depend on the company's ability to sustain profitability and improve sales. Failure to do so will likely lead to further stock decline.

Primary Thesis Risk

Inability to sustain profitability and high liquidity risk could lead to significant losses.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Return on Equity (ROE)

N/A

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

-6.31%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

-1.28%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Eastern Treads Ltd Valuation Check

Price to Earnings (P/E)

N/A

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.93x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

65.48%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

43.62%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

13.27%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

-4.90%

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Debt to Equity Ratio

N/A

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

0.36x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

13.54 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Eastern Treads Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of EASTRED across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Robust Profit Growth (43.62%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Balanced Promoter Holding (65.48%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

5 factors identified

Suboptimal ROCE (-6.31%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (-1.28%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Limited Growth History (-4.90% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Weak Interest Coverage (0.36x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Eastern Treads Ltd vs Tyres & Rubber Products Peers

Peer Comparison - Tyres & Rubber Products

Compare Eastern Treads Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
25.9/100
28
₹16.70
-6.31%
Poor
-4.90%
Poor
0.00%
MRF Ltd...
MRF500290
34.8/100
124425
₹64647.81
34.9
Average
10.62%
Average
13.62%
Average
0.2
Excellent
5.75%
Good
11.63%
Good
0.15%
49.8/100
2168
₹44481.27
32.2
Average
15.78%
Good
16.67%
Good
0.3
Excellent
12.99%
Good
16.77%
Excellent
0.70%
47.4/100
386
₹32809.40
25.0
Average
8.61%
Poor
11.44%
Average
0.3
Excellent
21.05%
Excellent
9.83%
Good
0.97%
CEAT Ltd...
CEATLTD500878
57.6/100
3200
₹15523.56
29.6
Average
11.77%
Average
15.40%
Good
0.7
Good
14.63%
Good
14.29%
Good
0.78%
53.7/100
387
₹12325.40
22.6
Average
11.07%
Average
12.78%
Average
0.9
Good
12.15%
Good
10.99%
Good
0.67%
30.4/100
3916
₹3626.53
148.8
Average
2.35%
Poor
5.36%
Poor
0.7
Good
-19.98%
Poor
9.11%
Good
0.36%
28.5/100
730
₹2005.71
48.3
Average
9.31%
Poor
13.01%
Average
0.1
Excellent
-9.10%
Poor
8.36%
Good
2.75%
31.5/100
102
₹586.75
16.1
Average
18.20%
Good
21.30%
Excellent
0.1
Excellent
0.00%
14.7/100
85
₹345.19
56.6
Average
2.86%
Poor
2.93%
Poor
0.0
Excellent
-13.56%
Poor
4.11%
Average
1.83%
52.8/100
129
₹279.60
16.6
Average
2.89%
Poor
3.28%
Poor
0.0
Excellent
65.87%
Excellent
42.96%
Excellent
0.00%

Eastern Treads Ltd Quarterly Performance

Latest quarterly metrics for EASTRED — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

13.27%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

43.62%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

-4.90%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Eastern Treads Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for EASTRED — calculated from daily price history

55RSI 14
Neutral — RSI 55

Momentum is balanced — neither overbought nor oversold.

SMA 50
29
▼ Price below SMA 50 — Short-term bearish
SMA 200
31
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
1K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Eastern Treads Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Eastern Treads Ltd (EASTRED) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Eastern Treads Ltd

About EASTRED (Eastern Treads Ltd)

Eastern Treads Ltd is a stalwart of the Indian tyre retreading industry, crafting the crucial components that breathe new life into worn tyres. Specializing in high-performance tre...ad rubber, EASTRED provides an extensive catalogue to meet the demands of diverse vehicles, from heavy-duty mining trucks and long-haul lorries to passenger cars and light commercial vehicles. Their product range is thoughtfully designed to cater to both domestic requirements and international export markets, reflecting the company's commitment to quality and adaptability. EASTRED stands as a vital link in the circular economy, promoting sustainable practices by enabling the reuse of valuable resources and reducing environmental impact. Beyond tread rubber, EASTRED offers a comprehensive suite of solutions for the tyre retreading process. This includes a range of robust bonding gums meticulously formulated for both steam bonding and electric chamber processes, ensuring strong and reliable adhesion between the new tread and the tyre casing. Complementing this is their high-quality black vulcanizing cement, an essential component for creating a seamless and durable bond. Recognizing the importance of repair, EASTRED also provides reliable tyre repair patches designed for both nylon and radial tyres, enabling the effective restoration of damaged tyres and extending their lifespan. EASTRED's commitment extends beyond just manufacturing; it encompasses a dedication to delivering exceptional retreading services. Through this multifaceted approach, EASTRED supports the entire retreading ecosystem, offering not only the raw materials and adhesives but also the expertise and services required for a successful and long-lasting tyre retread. By prioritizing quality, innovation, and customer satisfaction, Eastern Treads Ltd solidifies its position as a trusted partner for retreaders across India and beyond, contributing to both economic efficiency and environmental responsibility.

Company Details

Symbol:EASTRED
Industry:Tyres & Rubber Products
Sector:Tyres & Rubber Products

Key Leadership

Mr. Manalumparayil Ebrahim Mohamed
MD & Executive Director
Mr. Devarajan Krishnan
Whole Time Director & CFO
Mr. Abil Anil C.S.
Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date

EASTRED Share Price: Frequently Asked Questions

What is the current share price of Eastern Treads Ltd?

Eastern Treads Ltd (EASTRED) trades at ₹27.67 on NSE and BSE. Market cap ₹16.70 (Cr). Educational data only.

What is the P/E ratio of Eastern Treads Ltd?

Eastern Treads Ltd has a P/E of N/Ax vs industry average 30.93x.

What is the Bull Run score for Eastern Treads Ltd?

Eastern Treads Ltd has a Bull Run score of 25.9/100 based on 25+ financial parameters.

Does Eastern Treads Ltd pay dividends?

Eastern Treads Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Eastern Treads Ltd?

Eastern Treads Ltd has ROE of N/A. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Eastern Treads Ltd?

Eastern Treads Ltd has debt-to-equity of N/A.

Is Eastern Treads Ltd a good investment?

Bull Run gives Eastern Treads Ltd a score of 25.9/100. This is not investment advice — consult a SEBI-registered advisor.