Overview
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.
In 2019-20, the company acquired Shipnext Solutions Private Limited, marking its entry into logistics technology, showcasing ambition to diversify and strengthen its business.
In 2022-23, Eastern Treads initiated comprehensive tyre management services, collaborating with fleets to minimize exposure to cost fluctuations, indicating strategic evolution beyond manufacturing.
The company's extensive nationwide branch network underlines its strong distribution capabilities and commitment to market penetration across India.
- Sector
Plantation & Plantation Products
- Industry
Rubber - Retreading
- Market Cap
15 Cr
- Volatility
Low Risk
- P/E Ratio
-1.7
- Industry P/E
27.7
- PEG Ratio
—
- P/B Ratio
—
- 52W High
40.50
- 52W Low
25.04
Financial Ratios
Sales CAGR
- 1Y
- 8.53%
- 3Y
- -5.89%
- 5Y
- -4.90%
- 10Y
- -4.68%
Profit CAGR
- 1Y
- -875.51%
- 3Y
- —
- 5Y
- —
- 10Y
- —
ROE
- TTM
- 10.18%
- 3Y
- 45.06%
- 5Y
- 104.00%
- 10Y
- -70.39%
ROCE
- TTM
- 4.23%
- 3Y
- -331.73%
- 5Y
- -26.88%
- 10Y
- 4.13%
Forecasts
Actions
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