Eastern Treads Ltd

Eastern Treads Ltd (EASTRED) is a micro-cap Industrial Products company valued at ₹16 crore operating in Rubber Products on the NSE and BSE.

Recent price move

Eastern Treads Ltd last traded at ₹31, modestly down 0.06% on the day.

Recent developments

On 2026-09-30, promoter holding was reported at 65.48%, unchanged from the previous quarter. In the latest quarter, net profit remained at ₹0 crore loss, despite a revenue decline. The company's net profit margin improved to 0.1% from -5.0% in the prior year.

Financial performance

The company's annual revenue rose 3.6% to ₹62 crore, but annual net profit swung from a net loss of ₹3 crore to a profit of ₹0 crore. The latest quarter saw revenue fall 15.6% to ₹14 crore, with a net loss of ₹0 crore, widening from the year-ago loss of ₹0 crore.

Valuation multiples

The stock trades at 193.8 times earnings, -1.24 times book value.

Things to watch

The company reported a net loss of ₹3 crore in the prior fiscal year, which swung to a profit of ₹0 crore in the latest annual results. The latest quarter's revenue fell 15.6% compared to the same quarter a year earlier. The stock is 11.3% below its 52-week high.

Where it stands

Eastern Treads Ltd ended the latest quarter with a net loss of ₹0 crore, while annual revenue grew 3.6% to ₹62 crore. The stock is 11.3% below its 52-week high, and promoter holding remains at 65.48% as of 2026-09-30.

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.