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.

When is the next results date for ESI?

The next results date for ESI is 14 November 2025.

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

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.

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

Why is Eastern Silk Industries Ltd falling/rising?

As of 26-Mar, Eastern Silk Industries Ltd's stock price is 73.01, unchanged from the previous session, but it has declined 5.00% over the past week, underperforming the Sensex. Despite a remarkable 163.10% increase over the last month and significant long-term growth, recent metrics indicate declining investor confidence and trading activity.

As of 26-Mar, the stock price of Eastern Silk Industries Ltd is currently at 73.01, with no change from the previous trading session. The stock has shown a significant decline of 5.00% over the past week, while the benchmark Sensex has decreased by only 1.87% during the same period. This indicates that Eastern Silk Industries Ltd is underperforming relative to the market.<BR><BR>In the last month, however, the stock has experienced a remarkable increase of 163.10%, contrasting sharply with the Sensex, which has fallen by 8.51%. Year-to-date, the stock maintains this positive trajectory with a 163.10% gain, while the Sensex has declined by 11.67%. Over a longer time frame, the stock has shown extraordinary growth, with increases of 3130.53% over three years and 4767.33% over five years, significantly outperforming the Sensex.<BR><BR>Despite these impressive long-term gains, the stock's performance today indicates some challenges. It has underperformed its sector by 97.66%, and there has been erratic trading, with the stock not trading on 5 out of the last 20 days. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Although there has been a slight increase in delivery volume, it remains low, indicating limited investor interest.<BR><BR>Overall, while Eastern Silk Industries Ltd has shown substantial growth over the long term, recent performance metrics suggest a decline in investor confidence and trading activity, contributing to its current price stability at 73.01.

Why is Eastern Silk Industries Ltd falling/rising?

As of 27-Mar, Eastern Silk Industries Ltd's stock price is at 73.01, unchanged from the previous session, but has declined 5.00% over the past week. Despite a 163.10% rise in the past month, the stock underperforms its sector and shows weak financial fundamentals, indicating downward pressure.

As of 27-Mar, Eastern Silk Industries Ltd's stock price is currently at 73.01, with no change from the previous trading session. The stock has experienced a significant decline of 5.00% over the past week, while the benchmark Sensex has only decreased by 1.27% during the same period. However, the stock has shown remarkable performance over the past month, rising by 163.10%, in stark contrast to the Sensex, which fell by 9.48%.<BR><BR>Despite this impressive monthly gain, the stock's performance today indicates it has underperformed its sector by 97.66%. The trading activity has been erratic, with the stock not trading on 5 out of the last 20 days. Furthermore, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.<BR><BR>Investor participation has seen a slight increase, with delivery volume rising by 0% against the 5-day average, but liquidity remains low, with only 2% of the 5-day average traded value. The company's financial health raises concerns, as it is facing operating losses and has a high Debt to EBITDA ratio of -1.00 times, indicating a low ability to service its debt. Additionally, the average Return on Equity is only 1.14%, reflecting low profitability.<BR><BR>The company's cash and cash equivalents are at their lowest, recorded at Rs 7.06 crore, which further emphasizes its weak long-term fundamental strength. Although the stock has generated a return of 0.00% over the past year, its profits have increased by 361.7%, indicating a disparity between profit growth and stock performance.<BR><BR>In summary, while Eastern Silk Industries Ltd has shown some positive movements in the past month, the current indicators of underperformance, weak financial fundamentals, and erratic trading patterns suggest that the stock is facing downward pressure.

Why is Eastern Silk Industries Ltd falling/rising?

As of 28-Mar, Eastern Silk Industries Ltd's stock price is 73.01, unchanged from the previous session, and has declined 5.00% over the past week, underperforming the market. Despite significant long-term growth, recent performance is poor, with the stock trading below key moving averages and showing erratic trading behavior.

As of 28-Mar, the stock price of Eastern Silk Industries Ltd is currently at 73.01, with no change from the previous trading session. The stock has experienced a decline of 5.00% over the past week, while the benchmark Sensex has only decreased by 1.27%. This indicates that Eastern Silk Industries Ltd has underperformed relative to the market in the short term.<BR><BR>In the longer term, the stock has shown remarkable growth, with a 163.10% increase over the past month and an impressive 3280.09% rise over the last three years. However, despite these significant gains, the stock's performance today is notably poor, having underperformed its sector by 97.66%. Additionally, the stock has not traded on 5 out of the last 20 days, indicating erratic trading behavior.<BR><BR>Moreover, Eastern Silk Industries Ltd is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Although there has been a slight increase in investor participation, with delivery volume rising by 0% against the 5-day average, the overall liquidity remains low, based on only 2% of the 5-day average traded value.<BR><BR>In summary, while Eastern Silk Industries Ltd has shown substantial growth over longer periods, its recent performance indicates a decline due to underperformance against the sector, erratic trading, and trading below key moving averages.

Why is Eastern Silk Industries Ltd falling/rising?

As of 29-Mar, Eastern Silk Industries Ltd's stock price is stable at 73.01 but has declined 5.00% over the past week, underperforming the Sensex. Despite a significant 163.10% increase over the past month, the stock faces challenges with weak fundamentals and bearish trading trends, leading to a cautious outlook.

As of 29-Mar, Eastern Silk Industries Ltd's stock price is currently stable at 73.01, showing no change (0.00%). However, the stock has underperformed in the short term, with a decline of 5.00% over the past week, while the benchmark Sensex has only decreased by 1.27%. In contrast, the stock has shown significant gains over the past month, with an increase of 163.10%, compared to a decline of 9.48% in the Sensex.<BR><BR>Despite these impressive gains over the longer term, the stock is facing challenges. It has been trading below its moving averages across multiple time frames, indicating a bearish trend. Additionally, the stock has underperformed its sector significantly today by 97.66%. There has also been erratic trading, with the stock not trading on 5 out of the last 20 days, which raises concerns about its liquidity and investor interest.<BR><BR>The company's fundamentals are weak, as indicated by operating losses and a high Debt to EBITDA ratio of -1.00 times, suggesting a low ability to service debt. The Return on Equity is also low at 1.14%, reflecting poor profitability. Furthermore, the company reported flat results in December 2025, with cash and cash equivalents at their lowest of Rs 7.06 crore.<BR><BR>Overall, while Eastern Silk Industries Ltd has shown remarkable growth over the past year and longer periods, the current trading conditions, weak fundamentals, and high risk associated with negative EBITDA contribute to a cautious outlook for the stock.

Which are the latest news on ESI?

Which are the latest news on ESI?

Which are the latest news on ESI?