company background image
590022 logo

Eastern Silk Industries BSE:590022 Stock Report

Last Price

₹2.13

Market Cap

₹142.1m

7D

0%

1Y

-2.3%

Updated

03 Jun, 2024

Data

Company Financials

Eastern Silk Industries Limited

BSE:590022 Stock Report

Market Cap: ₹142.1m

590022 Stock Overview

Engages in the manufacture and sale of textile and allied products in India. More details

590022 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Risk Analysis

Shares are highly illiquid

Earnings have declined by 52.2% per year over past 5 years

Negative shareholders equity

Does not have a meaningful market cap (₹142M)

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Eastern Silk Industries Limited Competitors

Suryavanshi Spinning Mills

BSE:514140

₹131.4m

Eurotex Industries and Exports

NSEI:EUROTEXIND

₹131.0m

Sri Nachammai Cotton Mills

BSE:521234

₹187.2m

Vaxtex Cotfab

NSEI:VCL

₹163.5m

Price History & Performance

Summary of share price highs, lows and changes for Eastern Silk Industries
Historical stock prices
Current Share Price₹2.13
52 Week High₹3.34
52 Week Low₹1.75
Beta1.01
1 Month Change0%
3 Month Change-4.91%
1 Year Change-2.29%
3 Year Change-47.28%
5 Year Change18.33%
Change since IPO-33.44%

Recent News & Updates

Recent updates

Shareholder Returns

590022IN LuxuryIN Market
7D0%0.4%-1.1%
1Y-2.3%8.3%15.0%

Return vs Industry: 590022 underperformed the Indian Luxury industry which returned 22.5% over the past year.

Return vs Market: 590022 underperformed the Indian Market which returned 45.1% over the past year.

Price Volatility

Is 590022's price volatile compared to industry and market?
590022 volatility
590022 Average Weekly Movementn/a
Luxury Industry Average Movement6.3%
Market Average Movement6.1%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: 590022 has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine 590022's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1946289Ajay Singhwww.easternsilk.com

Eastern Silk Industries Limited engages in the manufacture and sale of textile and allied products in India. The company provides silk yarns, fabrics and made-ups, home furnishings, scarves, laces, and belts, as well as fashion, handloom, double width, and embroidered fabrics. It also exports its products.

Eastern Silk Industries Limited Fundamentals Summary

How do Eastern Silk Industries's earnings and revenue compare to its market cap?
590022 fundamental statistics
Market cap₹142.11m
Earnings (TTM)-₹177.86m
Revenue (TTM)₹202.95m

0.7x

P/S Ratio

-0.8x

P/E Ratio

Is 590022 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
590022 income statement (TTM)
Revenue₹202.95m
Cost of Revenue₹136.79m
Gross Profit₹66.16m
Other Expenses₹244.02m
Earnings-₹177.86m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-2.25
Gross Margin32.60%
Net Profit Margin-87.64%
Debt/Equity Ratio-290.0%

How did 590022 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/06/03 15:46
End of Day Share Price 2024/03/06 00:00
Earnings2023/12/31
Annual Earnings2023/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Eastern Silk Industries Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Preeti PriyamvadaBatlivala & Karani Securities India Pvt. Ltd.