East India Drums

Why is East India Drums & Barrels Manufacturing Ltd falling/rising?

As of 01-Sep, East India Drums & Barrels Manufacturing Ltd's stock price has declined to 95.14, down 0.74%, significantly underperforming the Sensex. Contributing factors include poor management efficiency, high valuation compared to peers, and low profitability metrics, leading to investor concerns about the company's financial health.

As of 01-Sep, East India Drums & Barrels Manufacturing Ltd is experiencing a decline in its stock price, currently at 95.14, reflecting a change of -0.71 (-0.74%). The stock has underperformed significantly compared to the benchmark Sensex, with a 1-week decline of -9.73% against the Sensex's -0.92% and a 1-month decrease of -12.12% compared to -1.47% for the benchmark. Over the past year, the stock has fallen by -25.61%, while the broader market has shown a modest gain of 2.32%.<BR><BR>Several factors contribute to this downward trend. The company has demonstrated poor management efficiency, evidenced by a low Return on Capital Employed (ROCE) of 5.30% and a weak EBIT to Interest ratio of 0.77, indicating challenges in servicing its debt. Additionally, the stock is trading at a premium compared to its peers, with a very expensive valuation reflected in a 4 Enterprise value to Capital Employed ratio. Despite a healthy long-term growth in net sales and operating profit, the stock's profitability metrics, including a Return on Equity (ROE) of 4.76%, suggest low returns for shareholders.<BR><BR>Moreover, the stock is currently trading below its moving averages across various time frames, indicating a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 42.73% against the 5-day average, the overall performance today has still underperformed the sector by -0.48%. These combined factors contribute to the stock's decline, reflecting investor concerns about its financial health and market performance.

Which are the latest news on East India Drums?

Who are in the management team of East India Drums?

The management team of East India Drums includes Shivram T Singh (Independent Director), Sunil Vasantrao Patil (Managing Director), Madhu Nitin Kanadia (Independent Director), and Bhushan Puranik (Company Secretary).

The management team of East India Drums includes the following individuals:<BR><BR>1. Shivram T Singh - Independent Director<BR>2. Sunil Vasantrao Patil - Managing Director<BR>3. Madhu Nitin Kanadia - Independent Director<BR>4. Bhushan Puranik - Company Secretary<BR><BR>If you need more details about their roles or the company, feel free to ask!

What does East India Drums do?

East India Drums & Barrels Manufacturing Ltd, a Micro Cap company established in 1981, specializes in the trading and distribution of drums and barrels. As of June 2026, it reported net sales of 63 Cr and a net profit of 1 Cr, with a market cap of INR 142 Cr.

Overview:<BR>East India Drums & Barrels Manufacturing Ltd operates in the Trading & Distributors industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated in 1981 as 'Vasparr Fischer Limited' and underwent several name changes, becoming 'Precision Containeurs Limited' in 2005 and finally 'East India Drums & Barrels Manufacturing Limited' in 2024. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 63 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 142 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 30.00<BR>- Industry P/E: 34<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 1.15<BR>- Return on Equity: 25.08%<BR>- Price to Book: 7.32<BR><BR>Contact Details:<BR>Address: Madhav Niwas CHSL Flat No B-1, 1-Fr Natakwala Lane Borivali-W Mumbai Maharashtra : 400092<BR>Tel: 91-022-28992658/28997506/28983234<BR>Email: precision_born@rediffmail.com<BR>Website: http://www.precisioncontaineursltd.com;www.barrelp

Who are the peers of the East India Drums?

Peers of East India Drums include Rama Vision, Metroglobal, Vaxfab Enterprises, Amrapali Industries, Stratmont Industries, Anik Industries, and Lahoti Overseas. Management risk varies from excellent to below average, with Vaxfab Enterprises showing the highest 1-year return at 204.12%, while East India Drums lacks a 1-year return for comparison.

Peers: The peers of East India Drums are Rama Vision, Metroglobal, Vaxfab Enterp., Amrapali Inds., Stratmont Indus., Anik Industries, and Lahoti Overseas.<BR><BR>Quality Snapshot: Excellent management risk is observed at Rama Vision and Stratmont Indus, while Average management risk is found at Metroglobal and the rest. Below Average management risk is noted for Vaxfab Enterp., Amrapali Inds., East India Drums, Anik Industries, and Lahoti Overseas. Growth is excellent for Rama Vision, Amrapali Inds., and Stratmont Indus, while below average growth is seen at Vaxfab Enterp., Anik Industries, and Lahoti Overseas. Average growth is noted for Metroglobal and East India Drums. Capital structure is excellent for Metroglobal and Lahoti Overseas, while average capital structure is found at Rama Vision and the rest. Below average capital structure is observed for Vaxfab Enterp., Amrapali Inds., Stratmont Indus., East India Drums, Anik Industries.<BR><BR>Return Snapshot: Vaxfab Enterp. has the highest 1-year return at 204.12%, while Anik Industries has the lowest at -50.39%. East India Drums does not have a 1-year return available for comparison. Additionally, the six-month return is negative for Stratmont Indus, East India Drums, Anik Industries, and Lahoti Overseas.

How big is East India Drums?

As of 31st August, East India Drums & Barrels Manufacturing Ltd has a market capitalization of 142.00 Cr, with recent net sales of 245.84 Cr and a net profit of 4.75 Cr.

As of 31st August, East India Drums & Barrels Manufacturing Ltd has a market capitalization of 142.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 245.84 Cr and a Net Profit of 4.75 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 18.98 Cr and Total Assets of 133.00 Cr.

Should I buy, sell or hold East India Drums & Barrels Manufacturing Ltd?

When is the next results date for East India Drums & Barrels Manufacturing Ltd?

The next results date for East India Drums & Barrels Manufacturing Ltd is 13 August 2026.

The next results date for East India Drums & Barrels Manufacturing Ltd is scheduled for 13 August 2026.

Are East India Drums & Barrels Manufacturing Ltd latest results good or bad?

East India Drums & Barrels Manufacturing Ltd's latest results are unfavorable, with a 34.78% decline in net profit and a 13.43% drop in revenue compared to the previous quarter, despite improved operating margins. Investors should watch for the company's ability to stabilize revenue and maintain margins moving forward.

The latest results for East India Drums & Barrels Manufacturing Ltd indicate a challenging quarter. In Q3 FY26, the company reported a net profit of ₹1.05 crore, which represents a significant decline of 34.78% compared to the previous quarter. Revenue also fell sharply to ₹56.87 crore, down 13.43% quarter-on-quarter and 14.11% year-on-year, marking the weakest quarterly performance in recent periods.<BR><BR>While the operating margin improved to 7.82%, reflecting better cost management, the overall decline in revenue raises concerns about demand and competitive pressures. The return on equity (ROE) remains strong at 24.97%, indicating effective utilization of shareholder funds, but this masks underlying volatility in earnings quality.<BR><BR>In summary, the results can be viewed as unfavorable due to the significant drop in both net profit and revenue, despite some positive aspects in operational efficiency. Investors may need to monitor the company's ability to stabilize revenue and maintain margins in the upcoming quarters.

How has been the historical performance of East India Drums?

East India Drums has shown significant financial recovery from March 2020 to March 2025, with shareholder's funds improving from negative Rs 19.18 crore to positive Rs 18.98 crore, and total assets increasing from Rs 3.08 crore to Rs 133.00 crore. However, long-term borrowings rose, and cash flow from operating activities remained stagnant during this period.

Answer:<BR>The historical performance of East India Drums shows significant fluctuations in its financial metrics over the years, particularly from 2020 to 2025.<BR><BR>Breakdown:<BR>East India Drums has experienced notable changes in its financial position from March 2020 to March 2025. The share capital increased from Rs 22.38 crore in March 2020 to Rs 14.77 crore in March 2025, while total reserves improved from a negative Rs 41.57 crore to a positive Rs 4.21 crore in the same period. Shareholder's funds transitioned from negative Rs 19.18 crore in March 2020 to positive Rs 18.98 crore in March 2025. Long-term borrowings rose significantly from Rs 19.85 crore in March 2020 to Rs 21.37 crore in March 2025. Total liabilities surged from Rs 3.08 crore in March 2020 to Rs 133.00 crore in March 2025, indicating a substantial increase in financial obligations. Total assets also grew from Rs 3.08 crore to Rs 133.00 crore, reflecting a similar trend. The book value per share adjusted from negative Rs 8.57 in March 2020 to positive Rs 12.85 in March 2025, indicating a recovery in shareholder value. Cash flow from operating activities remained stagnant at Rs 0.00 from March 2021 to March 2023, while cash flow from investing activities showed a slight positive trend in March 2022. Overall, the company has shown signs of recovery and growth in its financial metrics over the recent years.

Who are the top shareholders of the East India Drums?

The top shareholder of East India Drums is Madhav Jayesh Valia, who holds 51.0% of the shares. Promoters have no pledged holdings, while individual investors own 4.46%, and there is minimal mutual fund and no foreign institutional investor involvement.

The top shareholders of East India Drums are primarily the promoters, with Madhav Jayesh Valia holding the largest share at 51.0%. There are no pledged promoter holdings, and the company has minimal mutual fund involvement, with only 0.01% held by two schemes. Additionally, there are no foreign institutional investors (FIIs) holding shares, and individual investors collectively hold 4.46%.

Is East India Drums overvalued or undervalued?

As of November 12, 2024, East India Drums is considered risky and overvalued, with a PE ratio of 54.74 and concerning financial metrics, despite a strong five-year stock performance.

As of 12 November 2024, the valuation grade for East India Drums has moved from does not qualify to risky. Based on the analysis, the company is currently overvalued. The PE ratio stands at 54.74, while the EV to EBITDA ratio is 12.36, and the PEG ratio is an exceptionally low 0.07, indicating a significant disparity between price and earnings growth potential.<BR><BR>In comparison to its peers, East India Drums has a higher PE ratio than Supreme Inds. at 57.34 and Astral at 78.35, both of which are categorized as very expensive. Additionally, the negative price to book value of -17.34 and EV to capital employed of -20.10 further highlight the company's financial instability. Despite its recent stock performance, which has seen a staggering increase over five years, the current valuation metrics suggest that East India Drums is not justified at its current price level.

What is the technical trend for East India Drums?

As of June 4, 2025, East India Drums shows a bullish trend supported by weekly indicators like MACD and OBV, despite a bearish monthly RSI, with the current price at a 52-week high of 64.97.

As of 4 June 2025, the technical trend for East India Drums has changed from mildly bullish to bullish. The weekly MACD, Bollinger Bands, KST, Dow Theory, and OBV all indicate a bullish stance, supporting the positive trend. However, the monthly RSI is bearish, which suggests some caution. The daily moving averages are also bullish, reinforcing the overall positive outlook. The current price of 64.97 is at a 52-week high, indicating strong momentum. Overall, the stance is bullish with strong indicators, particularly in the weekly time frame.

Has East India Drums declared dividend?

No Dividend History Available