East India Drums

how big is East India Drums?

As of Jun 06, East India Drums & Barrels Manufacturing Ltd has a market capitalization of 91.42 Cr, with recent net sales of 139.33 Cr and a net profit of 16.47 Cr for the last four quarters. The company's shareholder's funds stand at -19.78 Cr against total assets of 0.52 Cr as of Mar'23.

Market Cap: <BR>As of Jun 06, East India Drums & Barrels Manufacturing Ltd has a market capitalization of 91.42 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: <BR>For the latest 4 quarters, the company reported a sum of Net Sales of 139.33 Cr and a sum of Net Profit of 16.47 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: <BR>This is Standalone data for the latest annual period ending Mar'23. The Shareholder's Funds are reported at -19.78 Cr, while the Total Assets amount to 0.52 Cr.

Who are in the management team of East India Drums?

As of March 2021, 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).

As of March 2021, 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>These members play key roles in the governance and administration of the company.

What does East India Drums do?

East India Drums & Barrels Manufacturing Ltd manufactures drums and barrels for the trading and distributors industry. As of September 2024, it reported net sales of 83 Cr and a net profit of 1 Cr, with a market cap of Rs 91 Cr.

Overview: <BR>East India Drums & Barrels Manufacturing Ltd is engaged in the manufacturing of drums and barrels, primarily serving the trading and distributors industry within the micro-cap market.<BR><BR>History: <BR>The company was incorporated on 27 February 1981 and was formerly known as Vasparr Fischer Ltd. It was taken over by the current promoters in 1987-88. The latest quarterly results report net sales and profit for September 2024.<BR><BR>Financial Snapshot: <BR>Net Sales: 83 Cr (Quarterly Results - Sep 2024) <BR>Net Profit: 1 Cr (Quarterly Results - Sep 2024) <BR>Market Cap: Rs 91 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 52.00 <BR>Industry P/E: 41 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.13 <BR>Return on Equity: -31.68% <BR>Price to Book: -16.52<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

Has East India Drums declared dividend?

No Dividend History Available

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.

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%.

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.

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.

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 29 May 2026.

The next results date for East India Drums & Barrels Manufacturing Ltd is scheduled for 29 May 2026.

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

As of 22-May, East India Drums & Barrels Manufacturing Ltd's stock price is at Rs 104.35, up 4.98%, driven by strong buying interest and significant investor participation. The stock has outperformed the Sensex over the past week and shows a positive year-to-date performance.

As of 22-May, East India Drums & Barrels Manufacturing Ltd's stock price is rising, currently at Rs 104.35, reflecting an increase of Rs 4.95 or 4.98%. This upward movement is supported by several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 7.58% compared to the Sensex's modest increase of 0.24%. <BR><BR>Today's performance shows that the stock reached an intraday high of Rs 104.35, indicating strong buying interest. Additionally, there has been a significant rise in investor participation, with delivery volume on 21 May increasing by 375.73% against the 5-day average, suggesting heightened interest from investors. <BR><BR>While the stock has experienced some volatility, touching a low of Rs 95.05 during the day, the overall trend remains positive, particularly when considering its year-to-date performance, which shows a gain of 13.30% against a decline of 11.51% for the Sensex. The stock is also trading above its 5-day, 20-day, and 200-day moving averages, further indicating a bullish sentiment among investors.

Which are the latest news on East India Drums?