---
title: "Neycer India Ltd (502255) — Share Price, Financials & Analysis"
symbol: "502255"
company: "Neycer India Ltd"
canonical: "https://tapetide.com/stocks/502255"
isin: "INE275N01013"
bse_code: "502255"
sector: "Consumer Discretionary"
industry: "Consumer Durables"
generated_at: "2026-09-13T18:58:55.132Z"
---

# Neycer India Ltd (502255)

Canonical page: https://tapetide.com/stocks/502255

## Company

- **BSE Code:** 502255
- **ISIN:** INE275N01013
- **Sector:** Consumer Discretionary
- **Industry:** Consumer Durables
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** neycer.in

## About

Neycer India  was incorporated in May 1960, with licensed capacity to manufacture 1800 MT of Ceramic Sanitary wares in technical collaboration with M/s. Elemental Baykeramik Vertriebs GMBH (KERAMAG) of West Germany. Our Commercial production started from Oct 1965 onwards, installed capacity of 1800 MT has since been increased to 9000 MT in various stages.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -54.6% over past five years.
- Company might be capitalizing the interest cost
- Company has high debtors of 1,449 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -434% | — | — |
| revenue growth | -28% | -31% | -55% |

## Financial Statements

### Quarterly Results

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

| Item | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.9 | 0.27 | 0.23 | 0.18 | 0.32 | 0.3 | 0.14 | 0.96 | 0.15 | 0.23 | 0.1 | 0.18 |
| Expenses | 2.45 | 1.95 | 1.34 | 2.56 | 2.18 | 1.89 | 1.41 | 1.22 | 0.43 | 0.38 | 0.56 | 0.35 |
| Operating Profit | -1.55 | -1.68 | -1.11 | -2.38 | -1.86 | -1.59 | -1.27 | -0.26 | -0.28 | -0.15 | -0.46 | -0.17 |
| OPM % | -172.22 | -622.22 | -482.61 | -1322.22 | -581.25 | -530 | -907.14 | -27.08 | -186.67 | -65.22 | -460 | -94.44 |
| Other Income | 0.01 | 14.43 | 0.7 | 13.46 | 0 | 0.73 | 0.39 | 0 | 0.01 | 0.06 | 0 | 0.1 |
| Interest | 0.01 | 0.23 | 0.01 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.25 | 0.25 | 0.24 | 0.23 | 0.24 | 0.24 | 0.21 | 0.21 | 0.21 | 0.21 | 0.22 | 0.22 |
| Profit before tax | -1.8 | 12.27 | -0.66 | 10.85 | -2.1 | -1.11 | -1.09 | -0.47 | -0.48 | -0.3 | -0.68 | -0.29 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -1.79 | 12.27 | -0.66 | 10.85 | -2.09 | -1.1 | -1.09 | -0.47 | -0.48 | -0.31 | -0.68 | -0.3 |
| EPS in Rs | -1.76 | 12.09 | -0.65 | 10.69 | -2.06 | -1.08 | -1.07 | -0.46 | -0.47 | -0.31 | -0.67 | -0.3 |

### Profit & Loss

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

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 25 | 23 | 21 | 18 | 18 | 6 | 1 | 1 | 0 | 0 |
| Expenses | 24 | 21 | 19 | 17 | 18 | 11 | 8 | 3 | 3 | 11 |
| Operating Profit | 2 | 3 | 1 | 0 | -1 | -4 | -7 | -2 | -2 | -10 |
| OPM % | 7 | 11 | 7 | 2.3 | -4.3 | -69 | -672 | -132 | -494 | -3012 |
| Other Income | 0 | 0 | 0 | 1 | 1 | 14 | 15 | 0 | 0 | 0 |
| Interest | 2 | 2 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | -2 | -1 | -1 | -2 | -3 | 8 | 7 | -2 | -3 | -11 |
| Tax % | -5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37 |
| Net Profit | -2 | -1 | -1 | -2 | -3 | 8 | 7 | -2 | -3 | -15 |
| EPS in Rs | -1.95 | -1.16 | -1.46 | -2.16 | -2.58 | 7.73 | 6.9 | -2.3 | -2.7 | -14.41 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | -10 | -12 | -13 | -15 | -17 | -8 | -2 | -5 | -8 | -22 |
| Borrowings | 18 | 23 | 22 | 21 | 17 | 5 | 5 | 3 | 2 | 2 |
| Other Liabilities | 19 | 14 | 16 | 17 | 22 | 26 | 15 | 19 | 32 | 33 |
| Total Liabilities | 36 | 36 | 34 | 33 | 32 | 33 | 28 | 28 | 36 | 23 |
| Fixed Assets | 17 | 16 | 15 | 15 | 14 | 13 | 12 | 11 | 10 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 19 | 19 | 19 | 19 | 19 | 20 | 16 | 17 | 26 | 23 |
| Total Assets | 36 | 36 | 34 | 33 | 32 | 33 | 28 | 28 | 36 | 23 |

### Cash Flow

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

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 3 | 2 | 2 | 4 | 3 | -3 | -14 | -5 | -8 | -1 |
| Cash from Investing Activity | -1 | 0 | 0 | 0 | 0 | 7 | 14 | 8 | 10 | 0 |
| Cash from Financing Activity | -2 | -2 | -2 | -4 | -3 | -4 | 0 | -3 | -1 | 0 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 3 | 2 | 2 | 4 | 3 | 4 | 0 | -5 | -8 | -1 |
| CFO/OP | 152 | 80 | 123 | 1028 | -387 | 61 | 205 | 256 | 349 | 7 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 56 | 53 | 63 | 68 | 65 | 115 | 432 | 227 | 955 | 1449 |
| Inventory Days | 411 | 697 | 642 | 600 | 628 | 734 | 354 | 1090 | 3496 | 6278 |
| Days Payable | 235 | 356 | 288 | 305 | 377 | 717 | 889 | 3923 | 15484 | 32266 |
| Cash Conversion Cycle | 232 | 394 | 417 | 362 | 316 | 131 | -103 | -2606 | -11032 | -24539 |
| Working Capital Days | -128 | -181 | -239 | -342 | -377 | -584 | -1035 | -59 | -1336 | -2512 |
| ROCE % | 1 | 7 | 3 | 0 | -8 | 30 | -74 | -22 | -41 | — |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.43% | 72.43% | 72.43% | 72.43% | 72.43% | 72.43% |
| DIIs | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% |
| Public | 26.3% | 26.3% | 26.3% | 26.3% | 26.3% | 26.3% |
| No. of Shareholders | 675 | 674 | 674 | 674 | 674 | 674 |

### Quarterly

| Category | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.43% | 72.43% | 72.43% | 72.43% | 72.43% | 72.43% | 72.43% | 72.43% | 72.43% | 72.43% | 72.43% | 72.43% |
| DIIs | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% |
| Public | 26.3% | 26.3% | 26.3% | 26.3% | 26.3% | 26.3% | 26.3% | 26.3% | 26.3% | 26.3% | 26.3% | 26.3% |
| No. of Shareholders | 674 | 674 | 674 | 674 | 674 | 674 | 674 | 674 | 674 | 674 | 674 | 674 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 7 / 6 / 6

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1210.69 | Sell |
| EMA (10) | 1194.23 | Sell |
| SMA (20) | 1208.27 | Sell |
| EMA (20) | 1191.34 | Sell |
| SMA (50) | 1130.26 | Buy |
| EMA (50) | 1147.35 | Buy |
| SMA (100) | 1082.53 | Buy |
| EMA (100) | 1100.55 | Buy |
| SMA (200) | 1032.58 | Buy |
| EMA (200) | 1051.02 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.19 | Neutral |
| MACD (12,26,9) | 13.04 | Sell |
| Stochastic (14,3,3) | 21.83 | Neutral |
| ADX (14) | 29.91 | Buy |
| Williams %R (14) | -60.6 | Neutral |
| ATR (14) | 34.06 | Neutral |
| ROC (12) | -1.97 | Sell |
| Stoch RSI (14) | 26.64 | Neutral |
| UO (7,14,28) | 43.24 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 24 Jan - Proposed appointment of Ms. Aaradhana Fulwani (ACS 57197) as Company Secretary; confirmation in next board meeting. | [Appointment of Company Secretary and Compliance Officer 24 Jan - Proposed appointment of Ms. Aaradhana Fulwani (ACS 57197) as Company Secretary; confirmation in next board meeting.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5f1ee9e4-5275-4eed-b91e-c0b04bc36595.pdf) |
| 14 Jan - Registrar's Reg.74(5) certificate: no physical share demat requests for quarter ended 31 Dec 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Jan - Registrar's Reg.74(5) certificate: no physical share demat requests for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5800b7bb-33e0-4f78-a771-a4f74742d4ad.pdf) |
| 14 Jan - Prashant Natwarlal Lakhani resigned as Director effective 14 January 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Director 14 Jan - Prashant Natwarlal Lakhani resigned as Director effective 14 January 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/654c5bd6-67c6-4797-bb81-692c63e80b76.pdf) |
| — | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 4 Dec 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/AA31BB6B_DF31_416C_815B_063C570836D6_104041.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 4 Dec 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7C75BB90_72CB_4413_A02E_EBDE07F1BEED_105218.pdf) |
| — | [Board Meeting on May 30, 2022 23 May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/B8EFD85F-A2DC-429D-98EF-5470EF42544C-195213.pdf) |
| — | [Closure of Trading Window 28 Mar 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/09EB79CD-7A03-4102-8808-D09B2F818DD3-194054.pdf) |
| — | [Outcome of Board Meeting 9 Mar 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7D7DF4C4-B63D-4070-B1B7-D8ADC99D43DC-134830.pdf) |
| — | [Board Meeting Intimation for Results 28 Jan 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/D80016F6-C168-41C7-84F8-1D8617A416F1-182821.pdf) |
| — | [Closure of Trading Window 28 Dec 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8FCB262A-B0BC-4AC0-A142-2276DF0D4CD7-182839.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c32d867-2177-413f-a939-8af11b6f4a6f.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3d5ff2a1-5c49-47a1-b6e9-257eab806985.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2062f4e9-0ada-466d-bac5-1d2f2708780d.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/542146/73923542146.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/542146/69166542146.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/542146/65739542146.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/542146/5421460319.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/502255/5022550311.pdf) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport/502255/5022550310.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2022-05-23 | [Board Meeting on May 30, 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=B8EFD85F-A2DC-429D-98EF-5470EF42544C-195213.pdf) |
| 2022-03-28 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09EB79CD-7A03-4102-8808-D09B2F818DD3-194054.pdf) |
| 2022-03-09 | [Outcome of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7D7DF4C4-B63D-4070-B1B7-D8ADC99D43DC-134830.pdf) |
| 2022-01-28 | [Board Meeting Intimation for Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=D80016F6-C168-41C7-84F8-1D8617A416F1-182821.pdf) |
| 2021-12-28 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8FCB262A-B0BC-4AC0-A142-2276DF0D4CD7-182839.pdf) |
| 2021-11-13 | [Standalone Financial Results, Limited Review Report for September 30, 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45CF11EB-DC32-4B5C-B392-E43FF1503C26-162720.pdf) |
| 2021-10-27 | [Board Meeting Intimation for Results & Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=28342029-3A27-494A-AF7C-6669E736442D-141421.pdf) |
| 2021-09-30 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42D01B68-5FCC-4659-8262-3E9A8B566513-192620.pdf) |
| 2021-09-29 | [Updates on Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=A10B4CE1-37FA-493A-802C-EB63D4F546E2-124254.pdf) |
| 2021-09-28 | [Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=E7847BB4-D04B-4D27-902C-52A407402C08-132739.pdf) |

---

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 2026-09-13T18:58:55.132Z.