Eastern Treads Limited

Financial Performance Highlights

Quarter Ended September 30, 2026 (Unaudited):

  • Revenue from operations: ₹1,645.86 lakhs
  • Other income: ₹5.20 lakhs
  • Total income: ₹1,651.06 lakhs
  • Total expenses: ₹1,755.59 lakhs
  • Loss before tax: ₹(104.53) lakhs
  • Loss for the period: ₹(104.53) lakhs
  • Basic and diluted loss per share: ₹(2.00)

Quarter Ended June 30, 2026 (Unaudited):

  • Revenue from operations: ₹1,405.47 lakhs
  • Other income: ₹10.63 lakhs
  • Total income: ₹1,416.10 lakhs
  • Total expenses: ₹1,432.47 lakhs
  • Loss before tax: ₹(16.37) lakhs
  • Loss for the period: ₹(16.37) lakhs
  • Basic and diluted loss per share: ₹(0.31)

Half Year Ended September 30, 2026 (Unaudited):

  • Revenue from operations: ₹3,051.33 lakhs
  • Other income: ₹15.83 lakhs
  • Total income: ₹3,067.16 lakhs
  • Total expenses: ₹3,188.05 lakhs
  • Loss before tax: ₹(120.89) lakhs
  • Loss for the period: ₹(120.89) lakhs
  • Basic and diluted loss per share: ₹(2.31)

Comparative Half Year Ended September 30, 2025 (Unaudited):

  • Revenue from operations: ₹3,278.14 lakhs
  • Other income: ₹21.37 lakhs
  • Total income: ₹3,299.51 lakhs
  • Total expenses: ₹3,367.00 lakhs
  • Loss before tax: ₹(67.49) lakhs
  • Loss for the period: ₹(67.49) lakhs
  • Basic and diluted loss per share: ₹(1.29)

Year Ended March 31, 2026 (Audited):

  • Revenue from operations: ₹6,241.11 lakhs
  • Other income: ₹34.84 lakhs
  • Total income: ₹6,275.95 lakhs
  • Total expenses: ₹6,475.16 lakhs
  • Profit before tax: ₹5.82 lakhs (after exceptional item of ₹205.03 lakhs)
  • Profit for the year: ₹8.56 lakhs
  • Basic and diluted earnings per share: ₹0.16

Expense Breakdown (Half Year Ended September 30, 2026)

  • Cost of materials consumed: ₹2,137.20 lakhs
  • Employee benefits expense: ₹332.64 lakhs
  • Finance costs: ₹164.08 lakhs
  • Depreciation and amortization: ₹34.66 lakhs
  • Other expenses: ₹497.57 lakhs

Balance Sheet Position (as at September 30, 2026)

  • Total assets: ₹3,699.87 lakhs
  • Property, plant and equipment: ₹1,209.26 lakhs
  • Capital work-in-progress: ₹139.87 lakhs
  • Inventories: ₹544.83 lakhs
  • Trade receivables: ₹1,530.60 lakhs
  • Cash and cash equivalents: ₹49.92 lakhs
  • Equity share capital: ₹541.23 lakhs
  • Other equity: ₹(1,924.54) lakhs (including accumulated losses of ₹3,228.22 lakhs)
  • Total equity: ₹(1,383.31) lakhs
  • Borrowings (non-current): ₹1,371.41 lakhs
  • Borrowings (current): ₹2,176.96 lakhs
  • Trade payables: ₹1,186.47 lakhs (including ₹106.50 lakhs due to micro and small enterprises)

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net cash from operating activities: ₹24.71 lakhs
  • Net cash used in investing activities: ₹(13.89) lakhs
  • Net cash from financing activities: ₹74.64 lakhs
  • Net decrease in cash and cash equivalents: ₹(6.50) lakhs
  • Cash and cash equivalents at beginning: ₹56.42 lakhs
  • Cash and cash equivalents at end: ₹49.92 lakhs

Key Notes and Disclosures

1. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and Regulation 33 of SEBI LODR Regulations, 2015.

2. The company reported total comprehensive income of ₹(120.89) lakhs for the current period with accumulated losses of ₹3,228.22 lakhs, resulting in eroded net worth.

3. Management has performed an assessment of liquidity and going concern assumption, recoverable values of assets including overdue receivables, and impact on revenues and costs. Based on business forecasts and fund flow projections, management expects to recover asset carrying amounts and discharge liabilities.

4. The company evaluated the impact of the Code on Social Security, 2020 on employee benefit obligations and determined no additional gratuity provision is required.

5. Prior period comparatives have been regrouped/reclassified to conform to current period presentation.

6. The results were reviewed by the Audit Committee and approved by the Board of Directors on November 12, 2026.

7. Statutory auditors G Joseph & Associates issued a limited review report with no material misstatements identified.

Meeting Details

  • Board meeting started at 11:45 AM and concluded at 1:15 PM on November 12, 2026
  • The meeting was previously intimated to the exchange on November 06, 2026