---
title: "Treadsdirect Ltd(Merged) (TREADS) — Share Price, Financials & Analysis"
symbol: "TREADS"
company: "Treadsdirect Ltd(Merged)"
canonical: "https://tapetide.com/stocks/TREADS"
generated_at: "2026-10-13T10:58:20.391Z"
---

# Treadsdirect Ltd(Merged) (TREADS)

Canonical page: https://tapetide.com/stocks/TREADS

## Company

- **Stock Type:** DELISTED
- **Face Value:** ₹1
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 69.1 to 40.0 days.

### Weaknesses

- Company has a low return on equity of 9.79% over last 3 years.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 95% |
| revenue growth | 13% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- |
| Sales | 144 | 180 | 203 |
| Expenses | 133 | 168 | 179 |
| Operating Profit | 11 | 11 | 24 |
| OPM % | 7 | 6 | 12 |
| Other Income | 2 | 7 | 7 |
| Interest | 0 | 1 | 2 |
| Depreciation | 5 | 4 | 3 |
| Profit before tax | 8 | 13 | 25 |
| Tax % | 41 | 40 | 37 |
| Net Profit | 5 | 8 | 16 |
| EPS in Rs | — | 0.69 | 1.39 |
| Dividend Payout % | 0 | 25 | 22 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- |
| Equity Capital | 0.05 | 11 | 11 |
| Reserves | 84 | 89 | 102 |
| Borrowings | 0 | 4 | 3 |
| Other Liabilities | 37 | 31 | 21 |
| Total Liabilities | 121 | 136 | 138 |
| Fixed Assets | 22 | 22 | 20 |
| CWIP | 0 | 0 | 0 |
| Investments | 5 | 0 | 0 |
| Other Assets | 94 | 114 | 118 |
| Total Assets | 121 | 136 | 138 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- |
| Cash from Operating Activity | 4 | 25 | 10 |
| Cash from Investing Activity | -1 | 5 | 1 |
| Cash from Financing Activity | 0 | -2 | -4 |
| Net Cash Flow | 3 | 27 | 7 |
| Free Cash Flow | 2 | 24 | 10 |
| CFO/OP | 55 | 205 | 92 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- |
| Debtor Days | 107 | 61 | 40 |
| Inventory Days | 141 | 117 | 142 |
| Days Payable | 48 | 47 | 30 |
| Cash Conversion Cycle | 200 | 131 | 151 |
| Working Capital Days | 176 | 111 | 106 |
| ROCE % | — | 15 | 24 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 85.73 | Sell |
| EMA (10) | 85.22 | Sell |
| SMA (20) | 88.41 | Sell |
| EMA (20) | 86.81 | Sell |
| SMA (50) | 88.39 | Sell |
| EMA (50) | 86.39 | Sell |
| SMA (100) | 81.95 | Buy |
| EMA (100) | 84.64 | Sell |
| SMA (200) | 81.59 | Buy |
| EMA (200) | 86.67 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.51 | Neutral |
| MACD (12,26,9) | -1.41 | Sell |
| Stochastic (14,3,3) | 42.75 | Neutral |
| ADX (14) | 29.03 | Buy |
| Williams %R (14) | -54.46 | Neutral |
| ATR (14) | 8 | High Volatility |
| ROC (12) | -6.75 | Sell |
| Stoch RSI (14) | 48.23 | Neutral |
| UO (7,14,28) | 41.27 | Neutral |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:58:20.391Z.