What we do Eastern Treads Ltd manufactures and trades tread rubber, tyre retreading accessories, adhesives, and offers retreading and tyre management services across India. |
Founded in 1,993 |
Market share Strong presence in Indian tyre retreading market with growing exports to US and Mexico. |
Problem solved Provides cost-effective tyre retreading solutions and logistics services to reduce fleet operational costs and enhance tyre lifecycle. |
Top clients or who we serve Fleet operators, tyre retreading businesses, logistics firms; operates in B2B and B2B2C segments. |
Key management M E Mohamed (Managing Director), Navas Meeran (Chairman), Devarajan Krishnan (Whole Time Director & CFO) |
Our journey and innovations Started 2 in-house retreading centers; acquired Shipnext Solutions in 2019-20; expanded to tyre management services and new export markets. |
Where we operate India primarily, with exports to United States and Mexico since FY25. |
Top products or what we offer Tread rubber, rubber adhesives, tyre retreading accessories, retreading services, online freight aggregator platform. |
Top brands - |
Raw materials needed Rubber, adhesives, textile and synthetic materials for tyre retreading. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mostly cyclical, tied to fleet usage and tyre service cycles. |
Our industry position Established domestic player with rising export footprint; diversifying into logistics technology and tyre management. |
Financial highlights FY25 revenue of Rs. 60.23 crore with a net loss of Rs. 3.03 crore; revenue growth over previous year despite losses. |
Geographical revenue split FY21: Domestic 62.15 crore, Exports 3.77 crore; Exports expanding in FY25. |
Order book - |
Whats driving growth Fleet tyre management services, export market expansion, and integration of logistics technology. |
Our future plans Increase market share domestically and internationally; enhance tyre management services; grow monthly turnover beyond 300 tons. |
Our green promise - |
Our people and values Committed to employee safety and a gender-friendly workplace; employs over 200 staff including 16 female employees. |
Key challenges ahead Managing losses while scaling exports; resolving ongoing tax disputes; competitive pressures in tyre retreading. |
Interesting facts Pioneered Process Evaluation Centers for product demonstration in Bengaluru and Chennai; acquired logistics tech firm in 2019-20. |
Risks and strategy Mitigating tax and regulatory risks through appeals; expanding services to diversify revenue; improving operational efficiencies. |
