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Eastern Treads Ltd

NSE: BSE: 531346

30.63

(-0.45%)

Tue, 03 Mar 2026, 11:46 am

Eastern Treads Analysis

dividend

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Pros

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    Cons

    • Unable to calculate sustainability of dividends as Eastern Treads has not reported any payouts.
    • Unable to evaluate Eastern Treads's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
    • Unable to evaluate Eastern Treads's dividend against the top 25% market benchmark as the company has not reported any payouts.

    health

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    Pros

    • Eastern Treads has been profitable on average in the past, therefore cash runway is not a concern.
    • Eastern Treads has been profitable on average in the past, therefore cash runway is not a concern.
    • Debt is covered by short term assets, assets are 1.3x debt.
    • Eastern Treads's cash and other short term assets cover its long term commitments.
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    Cons

    • Eastern Treads's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
    • Debt is not well covered by operating cash flow (5.8%, less than 20% of total debt).
    • The level of debt compared to net worth has increased over the past 5 years (66.2% vs 403.6% today).
    • Eastern Treads is making a loss, therefore interest payments are not well covered by earnings.
    • Eastern Treads's level of debt (403.6%) compared to net worth is high (greater than 40%).
    • High level of physical assets or inventory.

    management

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    Pros

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      Cons

      • The average tenure for the Eastern Treads board of directors is less than 3 years, this suggests a new board.

      misc

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      Pros

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        Cons

        • Eastern Treads is not covered by any analysts.
        • Eastern Treads has significant price volatility in the past 3 months.

        past

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        Pros

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          Cons

          • Unable to compare Eastern Treads's 1-year earnings growth to the 5-year average as it is not currently profitable.
          • Eastern Treads does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
          • Eastern Treads used its assets less efficiently than the IN Auto Components industry average last year based on Return on Assets.
          • It is difficult to establish if Eastern Treads improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
          • It is difficult to establish if Eastern Treads has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
          • Unable to compare Eastern Treads's 1-year growth to the IN Auto Components industry average as it is not currently profitable.

          value

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          Pros

          • BSE:531346 is up 17.4% outperforming the Auto Components industry which returned 13.2% over the past month.
          • BSE:531346 is up 17.4% outperforming the market in India which returned 8% over the past month.
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          Cons

          • Eastern Treads is overvalued based on assets compared to the IN Auto Components industry average.
          • Eastern Treads is loss making, we can't compare its value to the IN Auto Components industry average.
          • Eastern Treads is loss making, we can't compare the value of its earnings to the India market.
          • 531346 underperformed the Auto Components industry which returned -22.4% over the past year.
          • 531346 underperformed the Market in India which returned -14.5% over the past year.

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