ESI

What is the technical trend for Eastern Silk Industries Ltd.?

As of March 7, 2024, Eastern Silk Industries Ltd. shows a mildly bullish trend based on daily moving averages, but mixed signals from weekly MACD and bearish indicators from Bollinger Bands and KST suggest caution is warranted.

As of 7 March 2024, the technical trend for Eastern Silk Industries Ltd. has changed from mildly bearish to mildly bullish. The daily moving averages indicate a mildly bullish stance, while the weekly MACD remains mildly bearish, suggesting mixed signals across different time frames. The monthly MACD is mildly bullish, providing some support for the bullish outlook. However, the Bollinger Bands and KST on both weekly and monthly time frames are bearish, which may limit the strength of the current bullish trend. Overall, the current technical stance is mildly bullish, but caution is advised due to conflicting indicators.

When is the next results date for ESI?

The next results date for ESI is 14 November 2025.

The next results date for ESI is scheduled for 14 November 2025.

How has been the historical performance of ESI?

ESI has experienced a significant decline in net sales and operating income from Mar'21 to Mar'25, with operating profits turning negative. However, it achieved a profit before tax of 0.53 Cr and profit after tax of 3.96 Cr in Mar'25, indicating a potential recovery in profitability despite previous losses.

Answer:<BR>The historical performance of ESI shows a significant decline in net sales over the years, dropping from 90.67 Cr in Mar'21 to 21.58 Cr in Mar'25. Total operating income followed a similar trend, decreasing from 103.18 Cr in Mar'20 to 21.58 Cr in Mar'25. The company faced increasing raw material costs, which rose from 9.81 Cr in Mar'20 to 9.73 Cr in Mar'25, while employee costs surged from 7.07 Cr in Mar'19 to 14.11 Cr in Mar'25. Operating profit (PBDIT) turned negative, reaching -1.32 Cr in Mar'25 compared to a positive 6.93 Cr in Mar'21. Profit before tax also fluctuated, with a notable recovery to 0.53 Cr in Mar'25 from a loss of -14.43 Cr in Mar'23. Profit after tax showed a turnaround, achieving 3.96 Cr in Mar'25 after losses in the previous years. The earnings per share (EPS) improved to 0.5 in Mar'25 from -1.56 in Mar'24. The operating profit margin and gross profit margin both reflected negative values in recent years, but the PAT margin improved to 18.35% in Mar'25, indicating a recovery in profitability.<BR><BR>Breakdown:<BR>ESI's financial trajectory reveals a concerning decline in net sales, which fell from 90.67 Cr in Mar'21 to just 21.58 Cr in Mar'25, with total operating income mirroring this decline. The company's raw material and employee costs increased, contributing to negative operating profits, which reached -1.32 Cr in Mar'25. However, the company managed to achieve a profit before tax of 0.53 Cr in Mar'25, a significant improvement from the previous years' losses. Profit after tax also turned positive, reaching 3.96 Cr in Mar'25, alongside a notable recovery in earnings per share to 0.5. Despite the challenges reflected in operating and gross profit margins, the PAT margin showed a positive trend, indicating a potential recovery in profitability for ESI.

Why is Eastern Silk Industries Ltd falling/rising?

As of 17-Mar, Eastern Silk Industries Ltd's stock price is stable at 66.71, with a recent 15.04% increase over the past month. However, significant long-term financial concerns, including operating losses and a high Debt to EBITDA ratio, suggest a cautious outlook for investors.

As of 17-Mar, Eastern Silk Industries Ltd's stock price is currently stable at 66.71, showing no change (0.00%). However, the stock's performance over different periods indicates a mixed outlook. Over the past month, the stock has risen by 15.04%, contrasting with the Sensex, which has fallen by 8.34%. This suggests that the stock has been performing relatively well compared to the broader market recently.<BR><BR>Despite this short-term gain, there are significant concerns regarding the company's long-term fundamentals. The company is facing operating losses and has a high Debt to EBITDA ratio of -1.00 times, indicating a low ability to service its debt. Additionally, the average Return on Equity is only 1.14%, reflecting low profitability per unit of shareholders' funds. The company's cash and cash equivalents are at their lowest, recorded at Rs 7.06 crore, which raises further concerns about its financial health.<BR><BR>Moreover, the stock has shown erratic trading patterns, not trading on 4 out of the last 20 days, which may indicate a lack of investor confidence. Although there has been a slight increase in delivery volume, the overall liquidity remains low, with only 2% of the 5-day average traded value.<BR><BR>In summary, while Eastern Silk Industries Ltd has seen a recent rise in its stock price over the last month, the underlying financial issues and weak long-term fundamentals suggest that the stock is at risk, leading to a cautious outlook for investors.

Why is Eastern Silk Industries Ltd falling/rising?

As of 18-Mar, Eastern Silk Industries Ltd's stock price is declining, currently at 66.71, down 13.19%. This drop is due to erratic trading patterns, short-term price weakness, and a negative trend against the benchmark Sensex, despite adequate liquidity.

As of 18-Mar, Eastern Silk Industries Ltd's stock price is falling, currently at 66.71, reflecting a change of -10.14, which is a decrease of 13.19%. This decline can be attributed to several factors. The stock has shown erratic trading patterns, having not traded on 4 out of the last 20 days, indicating a lack of consistent investor interest. Additionally, while the stock is trading higher than its 100-day and 200-day moving averages, it is lower than its 5-day, 20-day, and 50-day moving averages, suggesting a short-term weakness in price momentum.<BR><BR>Furthermore, the stock's performance against the benchmark Sensex shows a negative trend, with a year-to-date decline of 9.00%. Although there has been a slight increase in delivery volume, with a 0% rise against the 5-day average on 09 March, this does not seem sufficient to counteract the overall downward trend. The liquidity of the stock is also noted to be adequate for trading, but the combination of these factors contributes to the current decline in stock price.

Why is Eastern Silk Industries Ltd falling/rising?

As of 19-Mar, Eastern Silk Industries Ltd's stock price is at 66.71, reflecting a 13.19% decline. Despite some increased investor participation, the overall market sentiment is negative, contributing to the stock's short-term weakness.

As of 19-Mar, Eastern Silk Industries Ltd's stock price is falling, currently at 66.71, which reflects a decrease of 10.14 or 13.19%. This decline is evident in the context of recent trading activity, where the stock has shown erratic trading patterns, not trading on 4 out of the last 20 days. Additionally, while the stock is trading higher than its 100-day and 200-day moving averages, it is lower than its 5-day, 20-day, and 50-day moving averages, indicating a short-term weakness.<BR><BR>Investor participation has seen a slight increase, with a delivery volume of 1 on 09 March rising by 0% against the 5-day average, suggesting some interest in the stock. However, the overall market sentiment appears to be negative, as indicated by the Sensex's performance, which has declined by 2.69% over the past week and 9.63% over the past month. The year-to-date performance also shows a drop of 11.97%, further contributing to the downward pressure on Eastern Silk Industries Ltd's stock price.

Why is Eastern Silk Industries Ltd falling/rising?

As of 20-Mar, Eastern Silk Industries Ltd's stock price is declining due to operating losses, a high Debt to EBITDA ratio, and low Return on Equity, indicating weak financial health. The company's cash reserves are low, and despite a significant profit increase over the past year, investor sentiment remains cautious, contributing to the stock's current riskiness.

As of 20-Mar, Eastern Silk Industries Ltd's stock price is falling, currently at 66.71, reflecting a change of -10.14 (-13.19%). This decline can be attributed to several negative factors impacting the company's financial health. The company is experiencing operating losses, which contribute to its weak long-term fundamental strength. Additionally, it has a high Debt to EBITDA ratio of -1.00 times, indicating a low ability to service its debt. The Return on Equity is also low at an average of 1.14%, signifying minimal profitability per unit of shareholders' funds.<BR><BR>Furthermore, the company reported flat results in December 2025, with cash and cash equivalents at their lowest point of Rs 7.06 crore. The stock is considered risky due to its negative EBITDA and is trading at levels that are risky compared to its average historical valuations. Over the past year, while the stock has generated a return of 0.00%, its profits have increased significantly by 361.7%, which contrasts with its current performance and investor sentiment.<BR><BR>Overall, these factors contribute to the stock's decline, as investors may be wary of the company's financial stability and future prospects.

Should I buy, sell or hold Eastern Silk Industries Ltd?

Which are the latest news on ESI?