ESI

Which are the latest news on ESI?

Why is Eastern Silk Industries Ltd falling/rising?

As of 05-Sep, Eastern Silk Industries Ltd's stock price is rising to 62.00, reflecting a 0.23% increase, despite a recent weekly decline of 4.78%. The stock has gained 20.55% over the past month and is trading above key moving averages, although a significant drop in investor participation raises concerns about future price movements.

As of 05-Sep, Eastern Silk Industries Ltd's stock price is rising, currently at 62.00, reflecting a change of 0.14 (0.23%) upward. This increase occurs despite a recent decline of 4.78% over the past week, indicating some volatility in the stock's performance. However, the stock has shown a significant increase of 20.55% over the past month, contrasting sharply with the Sensex, which has decreased by 2.44% in the same period. <BR><BR>The stock's performance today is described as inline with the sector, suggesting that it is not underperforming compared to its peers. Additionally, the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average. This indicates a generally positive trend over longer periods, despite short-term fluctuations.<BR><BR>However, it is important to note that there has been a significant drop in investor participation, with delivery volume on 03 Sep falling by 99.27% compared to the 5-day average. This decline in trading activity could indicate a lack of confidence among investors, which may affect future price movements. Nonetheless, the stock remains liquid enough for trading, which could support its current price level. Overall, the recent rise in Eastern Silk Industries Ltd's stock price can be attributed to its strong monthly performance and alignment with sector trends, despite some concerning signs regarding investor participation.

Who are in the management team of ESI?

The management team of ESI includes Sundeep Shah (Chairman & Managing Director), Megha Shah (Executive Director), and several independent directors: G D Harnathka, Madhu Kant Sharma, Pankaj Kumar Deorah, and Abhishek Haralalka, along with Rahul Jaiswal (Company Secretary & Compliance Officer). They oversee the company's operations and strategic direction.

The management team of ESI includes the following individuals:<BR><BR>1. **Sundeep Shah** - Chairman & Managing Director<BR>2. **Megha Shah** - Executive Director<BR>3. **G D Harnathka** - Independent Director<BR>4. **Madhu Kant Sharma** - Independent Director<BR>5. **Pankaj Kumar Deorah** - Independent Director<BR>6. **Rahul Jaiswal** - Company Secretary & Compliance Officer<BR>7. **Abhishek Haralalka** - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does ESI do?

Eastern Silk Industries Ltd is a micro-cap textile company, incorporated in 1946, with recent quarterly net sales of 7 Cr and a net loss of 1 Cr. It has a market cap of INR 33 Cr and key metrics include a debt-equity ratio of 2.00 and a return on equity of -39.10%.

Overview: <BR>Eastern Silk Industries Ltd operates in the textile industry and is categorized as a micro-cap company.<BR><BR>History: <BR>The company was incorporated in 1946 as 'Eastern Silk Manufacturing Company Limited' and underwent several status changes, becoming a Private Limited Company in 1956 and later a Public Limited Company in 1975. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>- Net Sales: 7 Cr (Quarterly Results - Jun 2026) <BR>- Net Profit: -1 Cr (Quarterly Results - Jun 2026) <BR>- Market Cap: INR 33 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>- P/E: N/A <BR>- Industry P/E: 28 <BR>- Dividend Yield: 0.00% <BR>- Debt Equity: 2.00 <BR>- Return on Equity: -39.10% <BR>- Price to Book: 0.91 <BR><BR>Contact Details: <BR>Address: 19 R N Mukherjee Road, Kolkata West Bengal: 700001 <BR>Tel: 91-033-22430817/18/19 <BR>Email: esilk@giasclo1.vsnl.co.in <BR>Website: http://www.easternsilk.com

Who are the peers of the ESI?

ESI's peers include K P R Mill Ltd, Welspun Living, Vardhman Textile, Trident, Swan Corp, Provogue (India), York Exports, Super Fine Knit, and Artedz Fabs. Management risk varies from excellent at K P R Mill Ltd and Vardhman Textile to below average for ESI, with Welspun Living showing the highest 1-year return at 79.54%.

Peers: The peers of ESI are K P R Mill Ltd, Welspun Living, Vardhman Textile, Trident, Swan Corp, Provogue (India), York Exports, Super Fine Knit., and Artedz Fabs.<BR><BR>Quality Snapshot: Excellent management risk is observed at K P R Mill Ltd and Vardhman Textile, while Good management risk is found at Welspun Living. Average management risk is present at Trident and Swan Corp, and Below Average management risk is noted for ESI, York Exports, and Super Fine Knit. Provogue (India) and Artedz Fabs do not qualify for management risk assessment. Growth is Below Average for K P R Mill Ltd, Welspun Living, Vardhman Textile, Trident, Swan Corp, ESI, York Exports, and Super Fine Knit, while Provogue (India) and Artedz Fabs do not qualify. Capital Structure is Excellent for K P R Mill Ltd and Vardhman Textile, Average for Welspun Living, Good for Trident, and Below Average for Swan Corp, ESI, York Exports, and Super Fine Knit, with Provogue (India) and Artedz Fabs not qualifying.<BR><BR>Return Snapshot: Welspun Living has the highest 1-year return at 79.54%, while Swan Corp has the lowest at -34.01%. ESI's 1-year return is not available for comparison. Additionally, the six-month return is negative for Swan Corp, Trident, and York Exports.

How big is ESI?

Summary could not be generated.

As of 31st August, <BR><BR>Market Cap: Eastern Silk Industries Ltd has a market capitalization of 33.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 24.42 Cr, while the sum of Net Profit for the same period reflects a loss of 14.22 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period. However, data for Shareholder's Funds and Total Assets is unavailable.

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

When is the next results date for Eastern Silk Industries Ltd?

The next results date for Eastern Silk Industries Ltd is 07 August 2026.

The next results date for Eastern Silk Industries Ltd is scheduled for 07 August 2026.

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.

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.