Tulsyan NEC
TULSYANLTD NSE
Tulsyan NEC
Industrial ProductsNSE: TULSYANLTD BSE: 513629 Iron & Steel Products
Key Fundamentals
MicrocapIron & Steel ProductsIndustrial ProductsMarket Cap
₹47.69 Cr
Volatility
Moderate
P/E Ratio
-0.6
EBITDA
₹31.80 Cr
Return on Equity
-34.67%
Debt to Equity
1.85
Book Value
₹112.71
EPS
₹0
52W High
₹49.35
52W Low
₹17.1
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Stock is trading at 0.23 times its book value
Weaknesses
8- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.17% over past five years.
- Company has a low return on equity of -19.6% over last 3 years.
- Contingent liabilities of Rs.27.8 Cr.
- Promoters have pledged 99.6% of their holding.
- Earnings include an other income of Rs.31.2 Cr.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -6.25%
Growth Rate
Revenue Growth
-3.67% higher than
3Y
Net Income Growth
-11.43% lower than
3Y
Cash Flow Change
-93.01% lower than
3Y
ROE
19.35% higher than
3Y
ROCE
-258% higher than
3Y
EBITDA Margin (Avg.)
91.41% lower than
3Y
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 245 | 237 | 246 | 228 | 261 | 181 | 160 | 196 | 233 | 215 | 136 | 145 | 139 |
| Expenses | 241 | 237 | 248 | 232 | 247 | 171 | 173 | 196 | 222 | 213 | 147 | 150 | 145 |
| Operating Profit | 4 | 0 | -2 | -5 | 14 | 9 | -13 | 0 | 11 | 2 | -11 | -5 | -6 |
| OPM % | 1.8% | -0.1% | -0.7% | -2% | 5% | 5% | -8% | 0% | 4.7% | 0.8% | -8% | -3.1% | -4.2% |
| Other Income | 0 | 15 | 2 | 0 | 1 | 1 | 0 | 1 | 0 | 15 | 6 | 10 | 0 |
| Interest | 11 | 10 | 9 | 10 | 9 | 8 | 8 | 38 | 16 | 17 | 17 | 20 | 20 |
| Depreciation | 6 | 6 | 6 | 7 | 6 | 6 | 6 | 4 | 6 | 6 | 6 | 5 | 5 |
| PBT | -13 | -1 | -14 | -21 | 0 | -5 | -27 | -41 | -11 | -6 | -28 | -19 | -31 |
| Tax % | 15% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -14 | -1 | -14 | -21 | 0 | -5 | -27 | -41 | -11 | -6 | -28 | -19 | -31 |
| EPS in Rs | -8.68 | -0.34 | -8.63 | -12.45 | 0.23 | -2.86 | -16.13 | -24.86 | -6.6 | -3.6 | -17.02 | -11.84 | -18.74 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,235 | 846 | 539 | 710 | 843 | 736 | 567 | 752 | 950 | 956 | 797 | 729 | 635 |
| Expenses | 1,193 | 772 | 503 | 695 | 817 | 713 | 545 | 738 | 935 | 958 | 787 | 732 | 655 |
| Operating Profit | 41 | 74 | 37 | 15 | 26 | 23 | 22 | 15 | 15 | -2 | 10 | -3 | -20 |
| OPM % | 3.3% | 9% | 7% | 2.1% | 3% | 3.1% | 3.8% | 1.9% | 1.6% | -0.2% | 1.3% | -0.4% | -3.1% |
| Other Income | 4 | 3 | -2 | -7 | 4 | 1 | 197 | 804 | 213 | 18 | 3 | 31 | 31 |
| Interest | 75 | 93 | 119 | 140 | 228 | 224 | 203 | 5 | 11 | 39 | 64 | 71 | 74 |
| Depreciation | 17 | 16 | 25 | 26 | 25 | 25 | 25 | 24 | 26 | 25 | 22 | 22 | 22 |
| PBT | -47 | -32 | -109 | -158 | -223 | -226 | -9 | 790 | 191 | -48 | -73 | -64 | -84 |
| Tax % | -22% | -11% | -20% | 0% | 0% | 0% | 0% | 0% | -30% | 4% | 0% | 0% | — |
| Net Profit | -37 | -29 | -87 | -158 | -223 | -226 | -9 | 790 | 248 | -50 | -73 | -64 | -84 |
| EPS in Rs | -24.48 | -19.11 | -58.21 | -105 | -148 | -151 | -6.15 | 527 | 149 | -30.1 | -43.62 | -39.15 | -51.2 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 17 | 17 | 16 | 16 |
| Reserves | 99 | 71 | -23 | -180 | -403 | -629 | -639 | 150 | 403 | 351 | 257 | 192 |
| Borrowings | 775 | 802 | 1,100 | 1,167 | 1,314 | 1,451 | 1,474 | 617 | 356 | 314 | 351 | 385 |
| Other Liabilities | 449 | 366 | 99 | 158 | 171 | 218 | 106 | 135 | 138 | 158 | 210 | 196 |
| Total Liabilities | 1,338 | 1,253 | 1,190 | 1,160 | 1,096 | 1,055 | 957 | 917 | 914 | 840 | 833 | 789 |
| Fixed Assets | 321 | 315 | 737 | 718 | 695 | 673 | 650 | 628 | 565 | 542 | 521 | 502 |
| CWIP | 270 | 292 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 7 | 0 |
| Investments | 8 | 8 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 |
| Other Assets | 739 | 638 | 446 | 435 | 395 | 375 | 301 | 283 | 343 | 289 | 298 | 280 |
| Total Assets | 1,338 | 1,253 | 1,190 | 1,160 | 1,096 | 1,055 | 957 | 917 | 914 | 840 | 833 | 789 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -195 | 97 | 19 | 147 | 76 | 39 | 232 | 860 | 336 | 11 | 36 | -1 |
| Investing | -38 | -29 | -13 | 8 | 4 | -4 | -3 | -3 | 1 | 54 | -8 | 39 |
| Financing | 262 | -100 | -3 | -151 | -84 | -35 | -226 | -860 | -327 | -76 | -28 | -37 |
| Net Cash Flow | 29 | -32 | 2 | 3 | -4 | 0 | 3 | -3 | 10 | -12 | -1 | 1 |
| Free Cash Flow | -240 | 66 | 0 | 141 | 79 | 36 | 231 | 858 | 332 | 65 | 26 | 37 |
| CFO/OP | -474 | 132 | 52 | 983 | 296 | 172 | 1,074 | 5,865 | 2,185 | -646 | 338 | 33 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 114 | 139 | 139 | 139 | 106 | 117 | 101 | 71 | 37 | 40 | 45 | 46 |
| Inventory Days | 46 | 72 | 112 | 62 | 56 | 64 | 85 | 50 | 49 | 37 | 42 | 38 |
| Days Payable | 100 | 124 | 62 | 59 | 41 | 50 | 13 | 25 | 44 | 57 | 87 | 78 |
| Cash Conversion Cycle | 60 | 87 | 189 | 143 | 121 | 130 | 173 | 96 | 42 | 19 | 1 | 6 |
| Working Capital Days | 56 | 67 | -180 | -240 | -255 | -331 | -370 | -151 | 15 | -11 | -47 | -26 |
| ROCE % | 4% | 7% | 1% | -1% | 0% | 0% | 0% | -1% | -1% | -1% | -1% | 1% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Tulsyan NEC insights
29 extracted metrics + investor summaries across FY15–FY26.
Documents
1
Announcement under Regulation 30 (LODR)-Resignation of Director
8 May - Mr. S Chandrasekaran resigned as Whole Time Director effective 08 May 2026. 8 May - Mr. S Chandrasekaran resigned as Whole Time Director effective 08 May 2026.
2
Board Meeting Outcome for Outcome Of The Board Meeting Held On May 02, 2026 Pertaining To Execution Of The Registered Mortgage
2 May - Board approved Rs.50 crore credit arrangement secured by mortgage of 31.86 acres on May 2, 2026. 2 May - Board approved Rs.50 crore credit arrangement secured by mortgage of 31.86 acres on May 2, 2026.
3
Board Meeting Outcome for Outcome Of The Board Meeting Held On May 02, 2026 Pertaining To Execution Of The Registered Mortgage
2 May - Board approved Rs.50 crore credit arrangement secured by mortgage of 31.86 acres on May 2, 2026. 2 May - Board approved Rs.50 crore credit arrangement secured by mortgage of 31.86 acres on May 2, 2026.
5
Closure of Trading Window
25 Mar - Trading window closed from April 1, 2026 until 48 hours after audited Q4 FY2026 results; board date to be intimated. 25 Mar - Trading window closed from April 1, 2026 until 48 hours after audited Q4 FY2026 results; board date to be intimated.
Frequently Asked Questions about Tulsyan NEC
What does Tulsyan NEC Ltd do?
Incorporated in 1947, Tulsyan NEC Ltd is engaged in the manufacturing of TMT bars, Coal Based Power Plant and Synthetics Woven fabrics and sacks[1]
Where is Tulsyan NEC Ltd (513629) listed?
Tulsyan NEC Ltd trades as TULSYANLTD on the NSE and under code 513629 on the BSE.
Which sector does Tulsyan NEC Ltd belong to?
Tulsyan NEC Ltd is classified under the Industrial Products sector, in the Iron & Steel Products industry.
What is the market capitalisation of Tulsyan NEC Ltd?
Tulsyan NEC Ltd has a market capitalisation of ₹47.69 Cr, which places it in the Small Cap band.
What is the PE ratio of Tulsyan NEC Ltd?
Tulsyan NEC Ltd trades at a PE ratio of -0.60, on earnings per share of ₹0, against a book value of ₹112.71 per share.
What is the 52-week high and low of Tulsyan NEC Ltd?
Over the last 52 weeks Tulsyan NEC Ltd has traded between ₹17.1 and ₹49.35.
What is the Return on Equity (ROE) of Tulsyan NEC Ltd?
Tulsyan NEC Ltd reported a return on equity of -34.67%. Its debt-to-equity ratio is 1.85.
Company Information
Incorporated in 1947, Tulsyan NEC Ltd is engaged in the manufacturing of TMT bars, Coal Based Power Plant and Synthetics Woven fabrics and sacks[1]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/513629.md for Tulsyan NEC Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.