ESI

Why is Eastern Silk Industries Ltd falling/rising?

As of 24-Jun, Eastern Silk Industries Ltd's stock price is Rs 49.72, reflecting a decline of -4.38% and a total decrease of -4.97% over the last two days. The stock is underperforming its sector and has seen a significant drop in investor participation, contributing to its current downward trend despite strong long-term performance metrics.

As of 24-Jun, Eastern Silk Industries Ltd is experiencing a decline in its stock price, currently at Rs 49.72, which reflects a change of -2.28 (-4.38%). This drop is part of a broader trend, as the stock has been losing value for the last two days, with a total decrease of -4.97% during this period. <BR><BR>The stock has underperformed its sector by -7.14% today, indicating that it is not keeping pace with the overall performance of the textile sector, which has gained by 2.79%. Additionally, the stock opened with a loss of -4.38% today and reached an intraday low of Rs 49.71, further contributing to the downward movement.<BR><BR>Investor participation has also decreased, as evidenced by a significant drop in delivery volume, which fell by -73.25% compared to the 5-day average. This decline in trading activity suggests reduced interest from investors, which can negatively impact stock prices.<BR><BR>Despite having strong long-term performance metrics, such as a year-to-date increase of +79.17% and a remarkable +2411.11% increase over three years, the recent short-term trends and falling investor participation are driving the current decline in the stock price of Eastern Silk Industries Ltd.

Which are the latest news on ESI?

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

How big is ESI?

Summary could not be generated.

As of 10th June, <BR><BR>Market Cap: Eastern Silk Industries Ltd has a market capitalization of 27.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 22.97 Cr, while the sum of Net Profit for the same period is 3.35 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.

Who are in the management team of ESI?

The management team of ESI includes Sundeep Shah (Chairman & Managing Director), Megha Shah (Executive Director), and five Independent Directors: G D Harnathka, Madhu Kant Sharma, Pankaj Kumar Deorah, 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. If you need more specific information about any of the members or their roles, feel free to ask!

Who are the peers of the ESI?

ESI's peers include K P R Mill Ltd, Vardhman Textile, Welspun Living, Trident, Swan Corp, Artedz Fabs, Provogue (India), York Exports, and Super Fine Knit. Management risk varies from excellent at K P R Mill Ltd and Vardhman Textile to below average for ESI, with Vardhman Textile showing the highest 1-year return at 29.32%.

Peers: The peers of ESI are K P R Mill Ltd, Vardhman Textile, Welspun Living, Trident, Swan Corp, Artedz Fabs, Provogue (India), York Exports, and Super Fine Knit.<BR><BR>Quality Snapshot: Excellent management risk is observed at K P R Mill Ltd and Vardhman Textile, while Average management risk is found at Trident and Swan Corp, and Below Average management risk is noted for ESI, York Exports, and Super Fine Knit. Growth is rated as Below Average for K P R Mill Ltd, Vardhman Textile, Welspun Living, Trident, Swan Corp, ESI, York Exports, and Super Fine Knit, while Artedz Fabs and Provogue (India) do not qualify. Capital Structure is rated as 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.<BR><BR>Return Snapshot: Vardhman Textile has the highest 1-year return at 29.32%, while Trident has the lowest at -25.60%, with ESI's 1-year return being not available for comparison. Additionally, peers such as Swan Corp and Trident have negative six-month returns.

What does ESI do?

Eastern Silk Industries Ltd is a micro-cap textile company, incorporated in 1946, with recent quarterly net sales of 6 Cr and a net profit of 0 Cr. It has a market cap of INR 27 Cr and key metrics include a debt equity ratio of 2.00 and a return on equity of -37.40%.

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 December 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 6 Cr (Quarterly Results - Dec 2025) <BR>Net Profit: 0 Cr (Quarterly Results - Dec 2025) <BR>Market cap: INR 27 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 2.00 <BR>Return on Equity: -37.40% <BR>Price to Book: 0.72<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

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

The next results date for Eastern Silk Industries Ltd is 27 May 2026.

The next results date for Eastern Silk Industries Ltd is scheduled for 27 May 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.