Corporate Presentation on Performance of the Company Q1FY17

Eastern Treads - Corporate Presentation - Q1FY17

Eastern Treads Limited (ETL) is a pioneer in manufacturing and marketing of tread rubber in India, used for retreading tyres. ETL is building a comprehensive ecosystem across the entire retreading value chain with presence across 17 States through its 84 Dealers, 32 Exclusive Retreaders, 25 Infinity Zones and two company-owned retreading units. The Company also has a growing presence in overseas markets like Bolivia (South America), Kenya, Uganda, Tanzania, Bangladesh, UAE, etc.

Q1FY17 Highlights

  • Volumes expanded based on increasing capacity utilization and benefit of declining input costs was passed to customers
  • Focus on value addition in the revenue mix, along with sales through conventional channels, improved operational performance
  • Revenue at Rs. 21.98 Crore, up 8.5% YoY
  • EBITDA (excluding Other Income) at Rs. 2.05 Crore, higher by 23.5% YoY
    – EBITDA margins expand by 114 bps to 9.3%
  • PAT enhanced by 20.0% to Rs. 0.91 Crore from Rs. 0.76 Crore in Q1FY16
    • Q1FY17 EPS at Rs. 1.74 in the quarter

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