East India Drums & Barrels Manufacturing Ltd

East India Drums & Barrels Manufacturing Ltd (EASTINDIA) is a micro-cap Commercial Services company valued at ₹144 crore operating in Trading & Distributors on the NSE and BSE.

Recent price move

East India Drums & Barrels Manufacturing Ltd last traded at ₹98.45, modestly up 0.47% on the day.

Recent developments

On 2026-09-30, promoter holding dropped by 19.68 percentage points to 75.00%, signaling a significant reduction in ownership. The company's return on equity and return on capital employed remained stable at 22.0% and 21.9%, respectively, despite the decline in revenue.

Financial performance

The company's annual revenue fell 8.5% to ₹248 crore, while annual net profit rose 29.7% to ₹5 crore. The latest quarter showed revenue declining 3.6% year-on-year to ₹63 crore, but net profit remained flat at ₹1 crore compared to the same quarter a year earlier. The net profit margin improved to 1.9% from 1.3% in the prior year, indicating better cost control.

Valuation multiples

The stock trades at 31.2 times earnings, 6.50 times book value. It yields 1.6%.

Things to watch

The company has a high debt to equity ratio of 2.26, indicating significant leverage. Promoter holding has decreased sharply, which may raise concerns about control and confidence. The stock is 22.8% below its 52-week high, reflecting a notable decline from recent peak levels.

Where it stands

East India Drums & Barrels Manufacturing Ltd reported a decline in annual revenue but saw an increase in net profit, with the net profit margin improving. The company's debt to equity ratio remains high, and promoter holding has fallen significantly. The stock is currently 22.8% below its 52-week high.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.