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Eastern Treads Ltd. (India)

Main Activities: Rubber Product Manufacturing
Full name: Eastern Treads Ltd. Profile Updated: August 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Eastern Treads Ltd. is a company located in Ernakulam, Kerala, India. It was founded by Mr. (Late) M.E. Meeran and incorporated on July 2, 1993 as a private limited company. Later, it was converted into a public limited company on February 17, 1995. Eastern Treads specializes in the manufacturing of tyre-retreading materials, including tread rubber and other related products. The company has developed a vast marketing network across the country, making its products available nationwide. Eastern Treads has received various quality certifications and accreditations, including ISO 9001-2008. The company is managed by Mr. Navas Meeran and The Kerala State Industrial Corporation Limited (KSIDC), which holds 11% of the company shares. Eastern Treads is known for its constant effort to determine trends in consumer demand and recently launched the new Diamond Quality Tyre Re-treads, which offers better mileage on diverse road conditions. The company aims to enhance its operational efficiency and become a leading global player in the industry. Re-treaded tyres have a promising future due to their lower cost compared to new tyres and improved road conditions. Eastern Treads is open to embracing new ideas and technologies to stay ahead in the market. The company is committed to maintaining quality and productivity and has a strong focus on customer satisfaction. Eastern Treads offers a range of products, including precured tread rubber, hot rubber slab and camel back treads, bonding gum, black vulcanising cement, and repair patches. The company's registered office is located in Kochi, Kerala, India.

Legal Address
3A, 3rd Floor,, Eastern Corporate Office,
Ernakulam; Kerala; Postal Code: 682024

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Website: http://www.easterntreads.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1993
Key Executives
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Chairman
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Chief Executive
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Director
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Director
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Director
Ownership Details
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66.26%
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25.77%
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7.97%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-2.27%
Total operating revenue
-2.27%
Operating profit (EBIT)
-74.47%
EBITDA
-566.67%
Net Profit (Loss) for the Period
-13.82%
Total equity
0%
Operating Profit Margin (ROS)
-2.54%
Net Profit Margin
-1.39%
Return on Equity (ROE)
-3.25%

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