---
title: "TSL Industries Ltd (522336) — Share Price, Financials & Analysis"
symbol: "522336"
company: "TSL Industries Ltd"
canonical: "https://tapetide.com/stocks/522336"
sector: "Financial Services"
industry: "Finance"
generated_at: "2026-09-13T18:34:55.276Z"
---

# TSL Industries Ltd (522336)

Canonical page: https://tapetide.com/stocks/522336

## Company

- **Sector:** Financial Services
- **Industry:** Finance
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** tslindustriesltd.com

## About

TSL Industries provides various investment and financial services.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.51 times its book value

### Weaknesses

- Company has a low return on equity of -18.8% over last 3 years.
- Company has high debtors of 369 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| revenue growth | 15% | 43% | 36% |

## Financial Statements

### Quarterly Results

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

| Item | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 0.32 | -0.99 | 0.19 | 0.15 | 0.14 | 0.16 | 0.2 | 0.22 | 0.25 | 0.21 | 0.19 | 0.18 |
| Expenses | 0.32 | 0.27 | 0.18 | 0.16 | 0.14 | 0.16 | 0.19 | 0.22 | 0.25 | 0.21 | 0.18 | 0.18 |
| Financing Profit | 0 | -1.26 | 0.01 | -0.01 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0.01 | 0 |
| Financing Margin % | 0 | 127.27 | 5.26 | -6.67 | 0 | 0 | 5 | 0 | 0 | 0 | 5.26 | 0 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | -1.26 | 0.01 | -0.01 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0.01 | 0 |
| Tax % | — | 0 | 0 | 0 | — | — | 0 | — | — | — | 0 | — |
| Net Profit | 0 | -1.26 | 0.01 | -0.01 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0.01 | 0 |
| EPS in Rs | 0 | -2.64 | 0.02 | -0.02 | 0 | 0 | 0.02 | 0 | 0 | 0 | 0.02 | 0 |

### Profit & Loss

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 0 | 0 | 0 | 0.19 | 0.23 | 0.3 | 1 | 0.64 | 0.88 | 0.83 |
| Expenses | 0.01 | 0.01 | 0 | 0.18 | 0.22 | 2.28 | 2.26 | 0.64 | 0.88 | 0.82 |
| Financing Profit | -0.01 | -0.01 | 0 | 0.01 | 0.01 | -1.98 | -1.26 | 0 | 0 | 0.01 |
| Financing Margin % | — | — | — | 5.26 | 4.35 | -660 | -126 | 0 | 0 | 1.2 |
| Other Income | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0.01 | 0.01 | -1.98 | -1.26 | 0 | 0 | 0.01 |
| Tax % | — | — | — | 0 | 0 | 0 | 0 | — | — | — |
| Net Profit | 0 | 0 | 0 | 0.01 | 0.01 | -1.98 | -1.26 | 0 | 0 | 0.01 |
| EPS in Rs | 0 | 0 | 0 | 0.02 | 0.02 | -4.15 | -2.64 | 0 | 0 | 0.02 |
| Dividend Payout % | — | — | — | 0 | 0 | 0 | 0 | — | — | — |

### Balance Sheet

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4.88 | 4.88 | 4.88 | 4.88 | 4.88 | 4.88 | 4.88 | 4.88 | 4.88 |
| Reserves | 0.37 | 0.37 | 0.37 | 0.37 | 0.38 | -1.6 | -2.86 | -2.86 | -2.86 |
| Borrowing | 0 | 0 | 0 | 0 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| Other Liabilities | 0 | 0.01 | 0.71 | 0.69 | 0.69 | 0.67 | 0.55 | 0.55 | 0.79 |
| Total Liabilities | 5.25 | 5.26 | 5.96 | 5.94 | 6.02 | 4.02 | 2.64 | 2.64 | 2.88 |
| Fixed Assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3.89 | 3.89 | 3.89 | 3.89 | 3.72 | 2.18 | 0.88 | 0.88 | 0.88 |
| Other Assets | 1.35 | 1.36 | 2.06 | 2.04 | 2.29 | 1.83 | 1.75 | 1.75 | 1.99 |
| Total Assets | 5.25 | 5.26 | 5.96 | 5.94 | 6.02 | 4.02 | 2.64 | 2.64 | 2.88 |

### Cash Flow

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.01 | 0.01 | 0 | 0 | -0.03 | -1.76 | 0 | 0 | 0 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | -0.03 | 1.74 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0.07 | 0 | 0 | 0 | 0 |
| Net Cash Flow | -0.01 | 0.01 | 0 | 0 | 0.01 | -0.02 | 0 | 0 | 0 |
| Free Cash Flow | -0.01 | 0.01 | 0 | 0 | -0.03 | -1.76 | 0 | 0 | 0 |
| CFO/OP | 100 | -100 | — | 0 | -300 | 89 | 0 | — | — |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROE % | 0 | 0 | 0 | 0.19 | 0.19 | -46.37 | -47.55 | 0 | 0 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Dec 2017 | Sep 2018 |
| --- | --- | --- | --- |
| Promoters | 0.04% | 0.04% | 0.04% |
| DIIs | 3.87% | 3.87% | 3.87% |
| Public | 96.1% | 96.1% | 96.1% |
| No. of Shareholders | 901 | 901 | 901 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Jun 2018 | Sep 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% |
| DIIs | 3.87% | 3.87% | 3.87% | 3.87% | 3.87% | 3.87% | 3.87% | 3.87% | 3.87% |
| Public | 96.1% | 96.1% | 96.1% | 96.1% | 96.1% | 96.1% | 96.1% | 96.1% | 96.1% |
| No. of Shareholders | 901 | 901 | 901 | 901 | 901 | 901 | 901 | 901 | 901 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 0.82 | Sell |
| EMA (10) | 0.82 | Sell |
| SMA (20) | 0.87 | Sell |
| EMA (20) | 0.86 | Sell |
| SMA (50) | 0.95 | Sell |
| EMA (50) | 0.93 | Sell |
| SMA (100) | 1.04 | Sell |
| EMA (100) | 1.03 | Sell |
| SMA (200) | 1.16 | Sell |
| EMA (200) | 1.33 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 30.11 | Neutral |
| MACD (12,26,9) | -0.05 | Sell |
| Stochastic (14,3,3) | 33.33 | Neutral |
| ADX (14) | 48.06 | Buy |
| Williams %R (14) | -68.18 | Neutral |
| ATR (14) | 0.06 | High Volatility |
| ROC (12) | -15.22 | Sell |
| Stoch RSI (14) | 34.32 | Neutral |
| UO (7,14,28) | 53.85 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport//5316590318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport//5316590317.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport//5316590315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport//5316590314.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport//5316590312.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport//5316590311.pdf) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport//5316590310.pdf) |

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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 2026-09-13T18:34:55.276Z.