loader2
Partner With Us NRI

Eastern Silk Industries Ltd share Price Today

Company details

1.80
1.90
1.75
3.45
6M Return -5.26%
1Y Return -35.71%
Mkt Cap.(Cr) 14.21
Volume 14,814
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 14,814

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Eastern Silk Industries Ltd shares SWOT Analysis

Strengths (1)

  • Effectively using its capital to generate profit - RoCE improving in last 2 years

Weakness (10)

  • Inefficient use of assets to generate profits - ROA declining in the last 2 years
  • Degrowth in Revenue and Profit
  • Low Piotroski Score : Companies with weak financials

Opportunity (1)

  • Stock with Low PE (PE < = 10)

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 1.9
R2 1.9
R3 2.0
Pivot

1.83

S1 1.8
S2 1.7
S3 1.7
EMA SMA
2.3
2.5
2.5
2.6
2.5
2.6
2.4
2.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
RADHABAI RAMJI JAVERI Bulk Purchase 2017-07-17 4.46 658986 BSE
VIKRAMSILA FABRICS PRIVATE LIMITED Bulk Purchase 2012-12-27 3.65 567251 NSE
EIF-COINVEST V FDI Bulk Sell 2012-12-27 3.65 567251 NSE
Name Category Shares
SHYAMSUNDER SHAH PROMOTER 9.04%
GINIA DEVI SHAH PROMOTER 6.74%
SUNDEEP SHAH PROMOTER 2.11%
VIJOY TRADING COMPANY PROMOTER 1.77%
KAVITA SHAH PROMOTER 0.84%
SMT PREETI SHAH PROMOTER 0.63%
TARUN FABRICS LIMITED PROMOTER 12.13%
GEMINI OVERSEAS LIMITED PROMOTER 9.71%
ETHICS COMMERCIALS LIMITED PROMOTER 3.41%
LUCKY GOLDSTAR COMPANY LIMITED PROMOTER 2.22%
P K TEXTILES LIMITED PROMOTER 1.93%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Eastern Silk Industries Ltd Stocks COMPARISON

Financials( in Cr) Eastern Silk Industries Ltd Grasim Industries Ltd Trident Ltd Welspun Living Ltd Alok Industries Ltd
Price 1.80 2,276.80 37.10 138.40 26.05
% Change -5.26 3.15 0.68 0.80 -0.19
Mcap Cr 14.21 154,939.88 18,906.00 13,449.82 12,934.45
Revenue TTM Cr 38.01 117,627.08 6,332.26 8,093.76 6,937.29
Net Profit TTM Cr -14.43 11,078.20 441.61 202.51 -880.46
PE TTM 0.00 25.83 44.40 20.21 0.00
1 Year Return -35.71 40.15 46.93 113.91 124.57
ROCE 0.00 9.04 11.89 5.91 0.00
ROE 0.00 14.35 10.99 5.03 0.00
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: -29.21 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 30,755.54 31,723.05
LAST 3M 69,913.40 26,515.65
LAST 6M 130,081.93 60,306.69
LAST 12M 189,259.39 205,003.99

Eastern Silk Industries Ltd Information

Stock PE (TTM)
0
Promoter Holding
51.28%
Book Value
-6.3667
ROCE
0%
ROE
0%
Description
  • Eastern Silk Industries Ltd, a Kolkata based company is the leading exporter of silk fabrics. The company is presently engaged in the manufacture of silk yarn, fabrics and made-ups, home furnishings, fashion fabrics, handloom fabrics, double width fabrics, scarves, laces and belts, and embroidered fabrics. They manufacture silk yarns of various counts (20`s to 240`s) and fabrics in a variety of weaves, textures and surface-effects. The company`s operations include manufacturing of silk yarn; fabrics and made-ups; home furnishings; fashion fabrics; handloom fabrics; double width fabrics; scarves, laces and belts, and embroidered fabrics. They offer products in two groups: furnishing fabrics and fashion accessories. The furnishing fabrics include plain, embroidery, patch, weaves, embossing, jacquards, dobbies and emboss. The fashion accessories include fashion fabrics, readymade furnishings and scarves. The company is headquartered in Kolkata. They export their products to United Kingdom, United States, Japan, EFFTA countries, Canada, European Union, New Zealand, Australia, and Scandinavia. The Government of India recognized the company as a Golden Star Trading House. Eastern Silk Industries Ltd was incorporated in the year 1946 with the name Eastern Silk Manufacturing Company Ltd. The company was thereafter converted into a private limited company with the name Eastern Silk Manufacturing Company Pvt Ltd on June 12, 1956. They were again converted into a public limited company and the name was changed to Eastern Silk Manufacturing Company Ltd on July 26, 1975. In August 12, 1975, the company changed their name to Eastern Silk Industries Ltd. During the year 1990-91, Eastern Enterprises Ltd became a wholly owned subsidiary of the company. They also diversified into export of leather goods. In November 1992, the company came out with the public issue at a premium of Rs 10, aggregating Rs 4.02 crore, to part-finance the expansion of processing facilities and the upgradation of the looms. During the year 1995-96, the company`s overseas subsidiary, Mayur International Corporation, New York was liquidated and the entire capital was transferred to the company. During the year 1996-97, they set up a modern weaving mill and a process house at Gurgaon in Haryana. During the year 1998-99, the company completed the expansion of the Noida unit by increasing the capacity from 40.5 lakh meters to 60 lakh meters per annum. They set up a 100% Export Oriented Unit for the manufacture of dyed and printed silk, cotton and synthetic fabrics and made-ups at Falta Export Processing Zone in West Bengal. In addition, they set up a private bonded warehouse in the Export Processing zone for trading including re-export. During the year, the company sold their holding of 1,500,000 equity shares of Rs 10 each in Eastern Enterprises Ltd. As a result, Eastern Enterprises Ltd ceased to be a subsidiary company. In addition, the company changed their name from Eastern Silk Industries Ltd to ESI Ltd with effect from November 25, 1998. During the year 2001-02, the company further changed their name from ESI Ltd to Eastern Silk Industries Ltd with effect from June 3, 2002. In February 2004, the company commenced commercial production at their plant at Anekal in Bangalore. The required machineries imported as well as indigenous were installed and commissioned successfully. During the year 2004-05, Eastern Jingying Ltd and Sstella Silks Ltd merged with the company. The company received the ISO 9001: 2000 quality accreditation for their Unit 2 at Anekal and the yarn manufacturing Unit 3 at Nanjangud. They commissioned best-in-practice testing facility at an investment of Rs 50 lakh. During the year, the company introduced embroidered fabric, large width fabrics and the commercialization of 25 new designs. They entered into four new geographies and the addition of 25 new clients. The company increased three lakh meters in installed capacity through the replacement of eight power looms with auto and introduced four jacquard machines. During the year 2005-06, the company launched a new product line, namely "Rustle" in the segment of home furnishing. In June 2005, they set up on a temporary basis a wholly owned subsidiary in Singapore in the name of Trade International (S) Pte Ltd to undertake trading activities in fast moving consumer items. However, the said company was disposed of during the next financial year. During the year 2006-07, the company completed the expansion of the fabric capacity at the Anekal plant. In addition, they set up a plant at Bommasundra in Hosur Road for the manufacture of made-ups. During the year, P K Textiles Ltd, Ethics Commercials Ltd and Lucky Goldstar Co Ltd became the subsidiaries of the company. During the year 2007-08, the company expanded the production capacity of Silk Weaving/ Embrodiery from 13.90 lakh meters to 18.40 lakh meters per annum. In addition, P K Textiles Ltd, Ethics Commercials Ltd and Lucky Goldstar Co Ltd ceased to be the subsidiaries of the company. The company is undertaken an expansion project at Anekal in Bangalore for the manufacture of velvet fabrics at an estimated capital outlay of Rs 80 crore. The commercial production is expected to start during the financial year 2009-10.

Registered Address

19 R N Mukherjee Road, , Kolkata, West Bengal, 700001

Tel : 91-033-22430817/18/19
Email : cs:easternsilk.com
Website : http://www.easternsilk.com
Registrar

ABS Consultant Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 590022
NSE Code : EASTSILK
Book Closure Date (Month) : Sep
BSE Group : T
ISIN : INE962C01027

FAQ’s on Eastern Silk Industries Ltd Shares

You can buy Eastern Silk Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Eastern Silk Industries Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 06, 2024 03:31 PM the closing price of Eastern Silk Industries Ltd was ₹ 1.80.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 06, 2024 03:31 PM, the market cap of Eastern Silk Industries Ltd stood at ₹ 14.21.

The latest PE ratio of Eastern Silk Industries Ltd as of Mar 06, 2024 03:31 PM is 0

The latest PB ratio of Eastern Silk Industries Ltd as of Mar 06, 2024 03:31 PM is -3.54

The 52-week high of Eastern Silk Industries Ltd share price is ₹ 3.45 while the 52-week low is ₹ 1.75

Download Our

Download App
market app