Eastern Treads Ltd (EASTRED) — shareholding pattern, promoter holding, financials and share price
About Eastern Treads Ltd (EASTRED)
Eastern Treads Ltd operates in the Tyres & Rubber Products industry, within the Automobile and Auto Components sector. It trades on the NSE as EASTRED and on the BSE under scrip code 531346. Its ISIN is INE500D01015.
Incorporated in 1993, Eastern Treads Ltd is in the business of manufacture and sale of tyre treads and associated components. [1]
Eastern Treads Ltd is primarily engaged in manufacturing tread rubber, adhesives, and providing tyre retreading services.
The company expanded its brand presence by establishing model retreading centers in Bengaluru and Chennai for product demonstrations, enhancing brand image.
Listed peers in Tyres & Rubber Products: Dolfin Rubbers Ltd, Innovative Tyres & Tubes Ltd, Tirupati Innovar Limited, M M Rubber Co Ltd, Cochin Malabar Estates & Industries Ltd, Vamshi Rubber Ltd.
Valuation & Returns
10 Jul 2026At ₹29.51 a share on 10 Jul 2026, Eastern Treads Ltd (EASTRED) was valued at a price-to-book of 31.91x on a book value of ₹0.92 per share as of Mar 2022. Solomo computes return on capital employed of -21% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2021 to Mar 2022.
- Industry P/E
- 37.75x
- P/B
- 31.91x
- EPS (TTM)
- ₹-19.09
- Book value / share
- ₹0.92
- ROCE
- -21%
- ROA
- -21.24%
- Debt / equity
- 67.59x
- Dividend yield
- 0%
- EBITDA margin
- 5.11%
- 52-week range
- ₹25.04 – ₹37.85
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2022In the year ended Mar 2022, Eastern Treads Ltd (EASTRED) reported revenue of ₹72.28 crore, net profit of ₹-9.56 crore and earnings per share of ₹-17.55. That compares with revenue of ₹66.6 crore and net profit of ₹-0.98 crore in Mar 2021. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2022, revenue was ₹21.28 crore and net profit ₹-3.94 crore (consolidated).
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 94.38 | 97.46 | 78.32 | 66.6 | 72.28 |
| Net profit (₹ cr) | -2.29 | -1.82 | -1.53 | -0.98 | -9.56 |
| EPS (₹) | -4.38 | -3.38 | -2.58 | -1.53 | -17.55 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -4.68% | -4.90% | -5.89% | 8.53% |
| Profit growth | - | - | - | -875.51% |
| Stock price CAGR | -16% | -11% | -4% | -14% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 65.48% of Eastern Treads Ltd (EASTRED) (unchanged from the previous quarter). Market capitalisation was ₹15 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Investor Education Protection Fund 5.89%, ASHISH DILIPBHAI SHAH 4.02%, BIJU JOB 3.01%, PANKAJ MANSUKHLAL SHAH 2.71%, SUMAN CHEPURI 1.36%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 65.48% | - | - | - | 34.52% |
| Mar 2026 | 65.48% | - | - | - | 34.52% |
| Dec 2025 | 65.48% | - | - | - | 34.52% |
| Sep 2025 | 65.48% | - | - | - | 34.52% |
| Jun 2025 | 65.74% | - | - | - | 34.26% |
| Mar 2025 | 65.75% | - | - | - | 34.25% |
| Dec 2024 | 65.78% | - | - | - | 34.22% |
| Sep 2024 | 66.26% | - | - | - | 33.74% |