Eastern Treads Peer Comparison

BSE: 531346

₹31.02

₹1.86 (6.38%)

As on 16-Oct-2026IST

Market cap

₹16 Cr

Revenue (TTM)

₹60 Cr

P/E Ratio

275

P/B Ratio

-0.9

Div. Yield

0 %

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	Eastern Treads	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Market cap (₹ Cr)	16	25,960	13,317	9,757	3,307
Revenue (₹ Cr)	60	29,308	17,456	16,404	3,892
Net Profit (₹ Cr)	0.06	1,707.82	505.12	662.07	92.25
Net Margin (%)	0.10	5.79	2.89	4.02	2.35
RoE (%)	--	22.40	11.46	13.50	8.79
Price to Earnings	275.03	15.20	25.83	14.98	35.80
Price-To-Book	-0.94	1.52	2.68	1.60	2.70

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Eastern Treads	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Operating Revenue	60.23	26,123.42	13,217.87	14,692.92	3,253.83
Total Income	61.92	26,211.52	13,238.85	14,772.20	3,260.04
Total Expenditure	62.40	22,528.05	11,747.16	13,094.37	3,023.53
EBITDA	-2.17	3,595.37	1,470.71	1,598.55	230.30
Depreciation	0.84	1,498.37	562.69	456.49	128.76
EBIT	-3.01	2,097.00	908.02	1,142.06	101.54
Interest	2.46	470.45	277.79	476.29	59.84
Other Income	1.68	88.10	20.98	79.28	6.21
Exceptional Items	--	-168.67	-29.61	-31.62	-11.40
Profit before Tax	-3.78	1,546.64	643.40	713.43	36.51
Provision for Tax	-0.75	425.32	172.03	197.64	15.99
Profit after Tax	-3.03	1,121.32	471.37	515.79	20.52

Liabilities (₹ Cr)

	Eastern Treads	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Shareholder's Funds	-12.79	14,765.70	4,368.53	4,984.15	1,183.90
Minority Interest	--	--	7.73	-0.47	-0.76
Non-Current Liabilities	7.94	5,100.68	1,671.23	3,650.99	481.36
Current Liabilities	38.56	7,360.31	5,166.82	5,800.09	1,311.67
Total Liabilities	33.71	27,226.69	11,214.31	14,434.76	2,976.17

Assets (₹ Cr)

	Eastern Treads	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Non-Current Assets	12.68	17,411.35	7,780.30	7,477.75	1,761.95
Current Assets	20.34	9,815.33	3,389.38	6,953.46	1,214.22
Total Assets	33.71	27,226.69	11,214.31	14,434.76	2,976.17
Total Debt*	33.34	3,377.09	1,928.35	4,791.93	879.98
Net Current Assets	-18.22	2,455.03	-1,777.44	1,153.37	-97.45
Contingent Liabilities	3.84	1,164.02	263.14	439.98	182.61

Cashflow (₹ Cr)

	Eastern Treads	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Cash From Operating Activities	0.46	1,823.14	1,091.96	715.77	197.33
Cash Flow from Investing Activities	-0.13	-202.24	-922.44	-454.92	-154.08
Cash from Financing Activities	-0.09	-1,646.57	-176.74	-237.44	-46.64
Net Cash Inflow / Outflow	0.24	-25.67	-7.22	23.41	-3.39

Ratios

Profitability Ratios

	Eastern Treads	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
ROCE (%)	-7.96	11.21	15.39	12.70	4.80
ROE (%)	0.00	7.82	11.21	10.90	1.79
ROA (%)	-8.78	4.15	4.45	3.63	0.72
EBIT Margin (%)	-0.80	14.10	11.29	11.42	7.27
Net Margin (%)	-4.90	4.28	3.56	3.49	0.63
Cash Profit Margin (%)	-3.57	10.03	7.82	6.62	4.24

Growth Ratios

	Eastern Treads	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Revenue Growth (%)	1.18	2.94	10.67	-2.06	11.20
EBIT Growth (%)	-145.36	-20.31	-10.78	-20.93	-23.02
Net Profit Growth (%)	-2.85	-34.88	-25.80	-36.44	-80.96
EPS Growth (%)	-2.85	-34.88	-26.45	-38.35	-80.91
Book Value Growth (%)	-22.10	6.21	8.06	11.04	6.45

Valuation Ratios

	Eastern Treads	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Price / Earnings	0.00	24.05	24.66	14.94	94.13
Price / Book Value	-1.06	1.83	2.67	1.53	1.64
Dividend Yield (%)	0.00	1.18	1.04	1.08	0.67
EV/EBITDA	-104.00	8.00	9.07	6.97	11.85
Market Cap (₹ Cr)	18.24	26,972.43	11,652.87	7,610.93	1,939.93

Solvency Ratios

	Eastern Treads	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Debt to Equity	-1.95	0.23	0.44	0.96	0.74
Short term debt to equity ratio	-1.37	0.06	0.14	0.48	0.38
Current Ratio	0.53	1.33	0.66	1.20	0.93
Quick Ratio	0.38	0.64	0.38	0.76	0.32
Interest Coverage	-0.54	4.29	3.32	2.50	1.61

Operating Efficiency Ratios

	Eastern Treads	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Debtors to sales (%)	19.53	11.72	12.51	19.27	10.66
Asset Turnover	1.78	0.97	1.25	1.03	1.24
Receivable days	71.01	40.01	40.54	69.38	32.63
Inventory Days	38.76	65.51	35.37	59.71	77.86
Payable days	78.81	69.55	112.45	80.55	87.45
Cash Conversion Cycle	30.96	35.97	-36.53	48.54	23.04

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.