Eastern Silk Industries Limited (EASTSILK) AI Stock Analysis

Eastern Silk Industries Limited

(NSE:EASTSILK)

Select Model

Rating:46Neutral

Price Target:INR 67.00▼(-1.56% Downside)

Action:reiterated

Date:09/06/26

The overall score is heavily pressured by the company's dire financial health, marked by significant losses, high debt, and severe cash burn. While recent technical trends show positive price momentum, this is overshadowed by the fundamental risk of insolvency and a negative P/E ratio, making the stock a high-risk proposition.

Positive Factors

Revenue reboundThe sharp 2026 revenue rebound demonstrates that the business can still generate meaningful top-line expansion after weaker periods. If this improvement is sustained, greater scale could support operating leverage, strengthen customer reach, and provide a base for restoring profitability over the next several quarters.

Negative Factors

Severe profitability deteriorationThe very large net loss and deeply negative operating profitability indicate that revenue growth is not currently translating into viable earnings. Continued losses would erode equity, constrain reinvestment, and make any recovery dependent on a substantial and sustained improvement in operating margins.

Eastern Silk Industries Limited (EASTSILK) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 354.30M
Dividend Yield: ―
Average Volume (3M): 244
Price to Earnings (P/E): -2.5
Beta (1Y): 1.50
Revenue Growth: 9.67%
EPS Growth: -15553.91%
Country: India
Employees: 248
Sector: General
Sector Strength: 55
Industry: Manufacturing - Textiles

Eastern Silk Industries Limited Business Overview & Revenue Model

Company Description

Eastern Silk Industries Ltd. is an Indian company dedicated to the manufacturing and distribution of textile and related products. The firm offers a comprehensive range of items, including silk yarns, various fabric types (such as fashion, handloom,...

How the Company Makes Money

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Eastern Silk Industries Limited Financial Statement Overview

Summary

Severe financial distress. Revenue collapsed to INR 237M with a net margin of -57.4%. The balance sheet is highly leveraged (D/E 2.13) with eroding equity, and operating cash flow plunged to -INR 216.9M, indicating a critical liquidity burn.

Income Statement

22Negative

Balance Sheet

28Negative

Cash Flow

18Very Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	244.09M	237.07M	215.79M	189.20M	380.13M	713.00M
Gross Profit	46.99M	52.87M	230.78M	37.78M	122.52M	-16.70M
EBITDA	-70.95M	-55.66M	25.14M	-88.55M	-103.54M	-21.32M
Net Income	-142.18M	-136.02M	39.64M	-123.04M	-144.34M	-68.65M
Balance Sheet
Total Assets	0	1.34B	1.51B	1.35B	1.52B	1.65B
Cash, Cash Equivalents and Short-Term Investments	34.26M	47.27M	135.22M	143.71M	130.21M	76.89M
Total Debt	0	763.73M	612.89M	581.52M	1.46B	1.50B
Total Liabilities	-358.25M	979.00M	882.49M	723.94M	1.95B	1.93B
Stockholders Equity	358.25M	358.25M	622.71M	626.48M	-432.14M	-288.69M
Cash Flow
Free Cash Flow	-103.39M	-244.56M	-14.19M	80.31M	31.68M	-4.79M
Operating Cash Flow	-80.40M	-216.92M	-9.92M	86.26M	34.44M	11.89M
Investing Cash Flow	-21.37M	-27.64M	-992.00K	-4.07M	-532.00K	-13.04M
Financing Cash Flow	43.12M	162.62M	29.59M	-70.53M	-39.00M	1.70M

Eastern Silk Industries Limited Technical Analysis

Technical Analysis SentimentPositive

Last Price68.06

Price Trends

50DMA65.12Positive

100DMA57.48Positive

200DMA54.42Positive

Market Momentum

MACD0.99Positive

RSI53.91Neutral

STOCH60.86Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EASTSILK, the sentiment is Positive. The current price of 68.06 is below the 20-day moving average (MA) of 68.71, above the 50-day MA of 65.12, and above the 200-day MA of 54.42, indicating a neutral trend. The MACD of 0.99 indicates Positive momentum. The RSI at 53.91 is Neutral, neither overbought nor oversold. The STOCH value of 60.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:EASTSILK.

Eastern Silk Industries Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:EASTSILK against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:ORBTEXP	72Outperform	INR 6.50B	16.11	―	0.20%	15.50%	30.28%
IN:SIYSIL	58Neutral	INR 20.26B	9.01	―	3.58%	13.93%	7.80%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:BANSWRAS	50Neutral	INR 3.30B	8.88	―	1.03%	2.91%	89.10%
IN:EASTSILK	46Neutral	INR 342.00M	-2.49	―	―	9.67%	-15553.91%
IN:HIMATSEIDE	45Neutral	INR 6.84B	12.19	―	0.46%	-8.16%	-22.62%

* General Sector Average

Performance Comparison

IN:EASTSILK and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:EASTSILK	Eastern Silk Industries Limited	68.40	40.65	146.49%
IN:BANSWRAS	Banswara Syntex Ltd	96.45	-17.92	-15.67%
IN:HIMATSEIDE	Himatsingka Seide Limited.	54.36	-70.26	-56.38%
IN:MORARJEE	Morarjee Textiles Limited	7.74	-1.21	-13.52%
IN:ORBTEXP	Orbit Exports Ltd	253.15	31.92	14.43%
IN:SIYSIL	Siyaram Silk Mills Limited	446.65	-301.24	-40.28%

Eastern Silk Industries Limited Corporate Events

Eastern Silk Holds 80th AGM via Digital Platform, Underscoring Governance Focus

Sep 26, 2026

Eastern Silk Industries Limited convened its 80th Annual General Meeting on 26 September 2026 via video conferencing and other audio-visual means, reflecting continued reliance on remote participation infrastructure for shareholder engagement. The se...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 06, 2026

Eastern Silk Industries Limited AI Stock Analysis