EASTSILK Share Price | Eastern Silk Industries Ltd Stock Analysis & Recommendation

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

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.

Q: When is the next results date for ESI?

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

Q: How has been the historical performance of ESI?

Answer: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.Breakdown: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.

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

Based on the current situation of Eastern Silk Industries Ltd, it would be advisable to consider selling your shares. The company is facing significant challenges, including operating losses and a weak long-term fundamental strength. The high Debt to EBITDA ratio of -1.00 times indicates a low ability to service its debt, which is a concerning sign for investors.Additionally, the Return on Equity (ROE) of just 1.14% suggests that the company is not generating sufficient profitability relative to shareholders' funds. The cash and cash equivalents are at a low of Rs 7.06 crore, which further highlights liquidity issues.The stock is also trading at a risky valuation compared to its historical averages, and despite a profit increase of 361.7% over the past year, the stock has not generated any returns for investors. Given these factors, it may be prudent to sell rather than hold or buy additional shares in Eastern Silk Industries Ltd.

Q: Why is Eastern Silk Industries Ltd falling/rising?

As of 01-Apr, Eastern Silk Industries Ltd is experiencing a decline in its stock price, currently at 69.36, reflecting a change of -3.65 or -5.0%. This drop is attributed to several factors highlighted in the source data. The stock has underperformed its sector significantly, with a performance today that is -104.79% lower than the sector average. Additionally, the stock has not traded on 4 out of the last 20 days, indicating erratic trading behavior which can contribute to price volatility.The company's moving averages are also concerning, as the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, the company is facing operational challenges, including operating losses and a high Debt to EBITDA ratio of -26.22 times, which indicates a low ability to service its debt. The return on equity is also low at an average of 1.14%, signifying weak profitability.Despite a significant increase in stock price over the past month (+149.95%), the current performance and the underlying financial issues, such as negative EBITDA and low cash reserves (lowest at Rs 7.06 crore), contribute to the stock's decline. Overall, these factors paint a picture of a company with weak long-term fundamental strength, leading to the current fall in stock price.

Mojo Score Change: ESI has changed its score on 23 Mar 2026. Click here to unlock latest mojo score!

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

1.03 k (-64.74%) Volume

Shareholding (Dec 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

95.00%

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

09-Jun-2025

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.

View full answer

When is the next results date for ESI?

11-Nov-2025

The next results date for ESI is 14 November 2025.

View full answer

How has been the historical performance of ESI?

14-Nov-2025

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.

View full answer

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

24-Mar-2026

Why is Eastern Silk Industries Ltd falling/rising?

01-Apr-2026

As of 01-Apr, Eastern Silk Industries Ltd's stock price has declined to 69.36, down 5.0%, due to poor performance relative to its sector, erratic trading, and operational challenges including high debt and low profitability. Despite a recent price increase, underlying financial issues contribute to its bearish trend.

View full answer

Which are the latest news on ESI?

02-Apr-2026

Eastern Silk Industries Ltd Locks at Lower Circuit With 5.0% Loss — Sellers Queue, No Buyers in Sight
MarketsMOJO Upgrades Eastern Silk Industries Ltd from Strong Sell to Sell on Technical Improvements

Compare ESI with Similar Stocks

Vardhman Textile Provogue (India)Trident

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

Low ability to service debt as the company has a high Debt to EBITDA ratio of -26.22 times
The company has been able to generate a Return on Equity (avg) of 1.14% signifying low profitability per unit of shareholders funds

Flat results in Dec 25

Risky - Negative EBITDA

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Textile

Market cap

INR 30 Cr (Micro Cap)

P/E

10.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.92

Return on Equity

5.34%

Price to Book

0.55

Revenue and Profits:

Net Sales:

6 Cr

(Quarterly Results - Dec 2025)

Net Profit:

0 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

0.0%

6 Months

40.77%

1 Year

0.0%

2 Years

0.0%

3 Years

3161.54%

4 Years

835.29%

5 Years

4003.23%

Latest dividend: 0.12 per share ex-dividend date: Sep-08-2010

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Below All Moving Averages and Now at Lower Circuit: Eastern Silk Industries Ltd Loses 4.98% in a Single Session

At Rs 57.81, sellers were still queuing — but there were no buyers willing to take the other side. Eastern Silk Industries Ltd locked at its lower circuit of 4.98% on 2 Apr 2026, with unfilled sell orders and a frozen price that capped losses for the day.

Read full news article

Eastern Silk Industries Ltd Locks at Lower Circuit With 5.0% Loss — Sellers Queue, No Buyers in Sight

At Rs 57.21, sellers were still queuing — but there were no buyers willing to take the other side. Eastern Silk Industries Ltd locked at its lower circuit of 5.0% on 1 Apr 2026, with unfilled sell orders and a frozen price.

Read full news article

MarketsMOJO Upgrades Eastern Silk Industries Ltd from Strong Sell to Sell on Technical Improvements

Eastern Silk Industries Ltd (ESI) has seen its investment rating upgraded from Strong Sell to Sell as of 23 March 2026, driven primarily by a marked improvement in technical indicators. However, the company’s financial performance remains lacklustre, with flat quarterly results and persistent operating losses keeping its long-term fundamentals weak. This article analyses the four key parameters—Quality, Valuation, Financial Trend, and Technicals—that influenced this rating change.

Read full news article

Announcements

Eastern Silk Industries Limited - Press Release

18-Nov-2019 | Source : NSE

Eastern Silk Industries Limited has informed the Exchange regarding a press release dated November 15, 2019, titled "Newspaper publication for Un-audited Financial Results for the quarter ended 30th September 2019.".

Eastern Silk Industries Limited - Outcome of Board Meeting

14-Nov-2019 | Source : NSE

Eastern Silk Industries Limited has informed the Exchange regarding Board meeting held on November 14, 2019.

Eastern Silk Industries Limited - Press Release

05-Nov-2019 | Source : NSE

Eastern Silk Industries Limited has informed the Exchange regarding a press release dated November 05, 2019, titled "Newspaper publication for calling of Board Meeting for approval of Un-audited financial results for the quarter ended 30th September , 2019.".

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

Eastern Silk Industries Ltd has declared 6% dividend, ex-date: 08 Sep 10

SPLITS

Eastern Silk Industries Ltd has announced 2:10 stock split, ex-date: 27 Jun 08

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-22.63%

EBIT Growth (5y)

-198.10%

EBIT to Interest (avg)

-8.09

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

0.92

Sales to Capital Employed (avg)

0.42

Tax Ratio

100.00%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

-5.03%

ROE (avg)

1.14%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.55

EV to EBIT

-19.77

EV to EBITDA

-28.97

EV to Capital Employed

0.77

EV to Sales

4.01

PEG Ratio

Dividend Yield

ROCE (Latest)

-3.42%

ROE (Latest)

5.34%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

Bearish

Bollinger Bands

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bearish

Bullish

OBV

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Baumann Dekor Pvt.ltd. (95.0%)

Highest Public shareholder

None

Individual Investors Holdings

3.89%

Financial

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Quarterly Results Snapshot (Standalone) - Dec'25 - QoQ

Dec'25

Sep'25

Change(%)

Net Sales

6.49

5.00

29.80%

Operating Profit (PBDIT) excl Other Income

-0.69

-1.14

39.47%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

0.34

-0.34

200.00%

Operating Profit Margin (Excl OI)

-10.63%

-22.80%

12.17%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2025 is 29.80% vs -25.71% in Sep 2025

Standalone Net Profit

QoQ Growth in quarter ended Dec 2025 is 200.00% vs -78.95% in Sep 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Sep'24

Change(%)

Net Sales

11.72

12.48

-6.09%

Operating Profit (PBDIT) excl Other Income

-1.36

0.42

-423.81%

Interest

0.00

0.01

-100.00%

Exceptional Items

0.00

Standalone Net Profit

-0.52

0.74

-170.27%

Operating Profit Margin (Excl OI)

-11.60%

3.37%

-14.97%

Values in Rs Cr.

Compare with Peers

Net Sales

Growth in half year ended Sep 2025 is -6.09% vs 21.17% in Sep 2024

Standalone Net Profit

Growth in half year ended Sep 2025 is -170.27% vs 110.48% in Sep 2024

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

18.21

17.37

4.84%

Operating Profit (PBDIT) excl Other Income

-2.05

0.45

-555.56%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

-0.18

0.59

-130.51%

Operating Profit Margin (Excl OI)

-11.26%

2.59%

-13.85%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in nine months ended Dec 2025 is 4.84% vs 10.78% in Dec 2024

Standalone Net Profit

YoY Growth in nine months ended Dec 2025 is -130.51% vs 105.65% in Dec 2024

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'25

Mar'25

Mar'24

Change(%)

Net Sales

21.58

18.92

14.06%

Operating Profit (PBDIT) excl Other Income

-1.32

-10.27

87.15%

Interest

0.02

0.04

-50.00%

Exceptional Items

0.00

Standalone Net Profit

3.96

-12.30

132.20%

Operating Profit Margin (Excl OI)

-6.12%

-54.28%

48.16%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2025 is 14.06% vs -50.22% in Mar 2024

Standalone Net Profit

YoY Growth in year ended Mar 2025 is 132.20% vs 14.76% in Mar 2024

All Annual Results

Company CV

About Eastern Silk Industries Ltd

Eastern Silk Industries Ltd

Micro Cap

Textile

Eastern Silk Industries Limited was incorporated on April 9, 1946 with the name 'Eastern Silk Manufacturing Company Limited' . The Company was converted into a Private Limited Company with the name 'Eastern Silk Manufacturing Company Pvt Ltd' on June 12, 1956. Thereafter was again converted into a Public Limited Company and the name was changed to 'Eastern Silk Manufacturing Company Limited' on July 26, 1975.

Company Coordinates

Company Details

19 R N Mukherjee Road , Kolkata West Bengal : 700001

Tel: 91-033-22430817/18/19

http://www.easternsilk.com

esilk@giasclo1.vsnl.co.in

Registrar Details

ABS Consultants Pvt Ltd , Stephen House , 6thFloor, Room No 99, 4 B B D Bag (E), Kolkatta