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₹30

■ +0 +0.00%

29 Jul 2026

BSE Listed

GSM · GSM 0
What does GSM · GSM 0 mean?
BSE · Graded Surveillance Measure (GSM 0)GSM targets fundamentally weak companies whose price doesn't square with their financials (tiny net worth or negative/extreme P/E). Practical meaning: the exchange doubts the price is backed by the business. Stage 0 is a watchlist; each higher stage makes the stock progressively harder to trade — tighter bands, full upfront margin, weekly-only trading, and at Stage IV no upward price movement at all. Exiting requires a quarterly review finding the criteria no longer met.Criteria: Shortlisted on objective financial parameters — net worth, net fixed assets, price-to-earnings multiple and market capitalisation. Stage 0 = base surveillance watchlist (identified under GSM, no graded price restriction yet); Stages I–VI add escalating curbs (price band, 100% margin, periodic call auction, settlement on a gross/trade-for-trade basis, no upward price movement).

Eastern Treads Ltd. (531346)

Volume: 1,182Avg Vol 1W: 2,960Avg Vol 1M: 1,22352W Range:₹23.2₹37.85
BSE www.easterntreads.com AI Report
Key Ratios
Checked 9h ago
Market Cap₹16 Cr
Current Price₹30
Previous Close₹30
High / Low (52w)₹37.85 / ₹23.2
Volume1,182
Avg Vol (1W)2,960
Avg Vol (1M)1,223
Stock P/E—
Book Value₹-24.47
Dividend Yield0%
ROE15.56%
ROA25.5%
Revenue (TTM)—
Revenue Growth—
Profit Margin14.42%
Total Debt—
Shares Outstanding1 Cr
Face Value—
EPS (TTM)₹0
P/B—
Debt / Equity4.7
50 DMA₹28.49
200 DMA₹29.84
Day change+0.00%
SurveillanceGSM · GSM 0
Price Chart
₹30▼ 12.66% · 1Y
₹38₹2712K
2025-07-29
2026-07-29

20-day avg volume: 1K shares

Pros
  • Healthy return on equity of 15.6%.
  • Company is almost debt-free.
  • Net profit is growing year over year.
Cons
  • Revenue fell 17% YoY.
  • Negative book value per share.
Quarterly Results
MetricJun 2020Sept 2020Dec 2020Mar 2021Jun 2021Sept 2021Dec 2021Mar 2022
Revenue₹14 Cr₹18 Cr₹19 Cr₹19 Cr₹17 Cr₹21 Cr₹16 Cr₹21 Cr
EBITDA₹0 Cr₹1 Cr₹2 Cr₹0 Cr₹-1 Cr₹-1 Cr₹-1 Cr₹-3 Cr
Net Profit₹-1 Cr₹0 Cr₹1 Cr₹0 Cr₹-2 Cr₹-2 Cr₹-1 Cr₹-4 Cr
EPS————————
Profit & Loss (Annual)
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹14 Cr₹14 Cr₹16 Cr₹16 Cr₹17 Cr₹16 Cr₹16 Cr₹13 Cr
EBITDA₹-1 Cr₹-1 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹-1 Cr
Net Profit₹-1 Cr₹-1 Cr₹0 Cr₹0 Cr₹0 Cr₹-1 Cr₹0 Cr₹1 Cr
EPS————————
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Total Assets₹56 Cr₹56 Cr₹55 Cr₹55 Cr₹47 Cr
Total Liabilities₹46 Cr₹48 Cr₹48 Cr₹49 Cr₹47 Cr
Equity₹10 Cr₹8 Cr₹6 Cr₹5 Cr₹0 Cr
Total Debt—————
Cash Flow
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Operating₹4 Cr₹2 Cr₹-2 Cr₹3 Cr₹1 Cr
Investing₹-4 Cr₹-1 Cr₹-1 Cr₹0 Cr₹3 Cr
Financing₹1 Cr₹-1 Cr₹2 Cr₹-3 Cr₹-4 Cr
Free Cash Flow₹4 Cr₹2 Cr₹-2 Cr₹3 Cr₹1 Cr
Shareholding
Promoter 65.48% Institutions 0% Public 34.52%
Efficiency & Working Capital
ROCE1.9%
Interest Coverage-2
Dividend Payout—
Debtor Days101 d
Inventory Days38 d
Payable Days38 d
Cash Conversion Cycle101 d
Working Capital Days139 d
Shareholding Details

As of 2026-06-30

Promoter65.5%
FII0%
DII0%
Institutions0%
Public34.5%
Promoter Pledge0%
No. of Shareholders2,382
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters65.7%65.7%66.3%66.3%66.3%65.8%65.7%65.7%65.5%65.5%65.5%65.5%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public34.3%34.3%33.7%33.7%33.7%34.2%34.3%34.3%34.5%34.5%34.5%34.5%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders1,8581,8471,9692,0472,0842,1412,1772,2042,2562,2612,3622,382
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Navas MeeranShareholding of Promoter and Promoter Group25.9%13,53,250
Firoz MeeranShareholding of Promoter and Promoter Group25.8%13,50,550
Kerala State Industrial Development CorporationShareholding of Promoter and Promoter Group11.8%6,15,000
Ashish Dilipbhai ShahPublic Shareholding4%2,10,519
Biju JobPublic Shareholding3%1,57,766
Pankaj Mansukhlal ShahPublic Shareholding2.7%1,41,712
Suman ChepuriPublic Shareholding1.4%70,980
Niza ZakirShareholding of Promoter and Promoter Group0.9%48,700
Nabeesa MeeranShareholding of Promoter and Promoter Group0.7%34,000
M E MohamedShareholding of Promoter and Promoter Group0.5%23,500
Shameena MohamedShareholding of Promoter and Promoter Group0%1,000
Riya MohamedShareholding of Promoter and Promoter Group0%700
Soyamol Anwar SajithShareholding of Promoter and Promoter Group0%0
Board of Directors
NameDesignationYear
Navas M MeeranChairman & Managing Director2025
Shereen NavazNon Executive Director2025
Naiju JosephNon Executive Director2025
Rani JosephIndependent Non Exe. Director2025
Natarajan JeyaseelanIndependent Non Exe. Director2025
Dr. Siby VargheseIndependent Director2025
Devarajan KrishnanWTD & COO & CFO2025
Abil AnilCompany Sec. & Compli. Officer2025
KARANDEEP SINGHAdditional Director2025
Segments — Geography
RegionRevenueShare
India₹53 Cr91.1%
Outside India₹5 Cr8.9%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10655
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202500041647
202500040242
2025000145
Company Information
Incorporated1993
ChairmanNavas M Meeran
AuditorG Joseph & Associates
Investor Email[email protected]
🌐 www.easterntreads.com ↗

📍 3A 3rd Flr 34/137 E NH Bypass, Edappally Ernakulam, Kochi, Kerala, 682024

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