5
Tulsyan NEC Ltd
TULSYANLTD NSE
Tulsyan NEC Ltd
Industrial ProductsNSE: TULSYANLTD BSE: TULSYAN Iron & Steel Products
Key Fundamentals
MicrocapIron & Steel ProductsIndustrial ProductsMarket Cap
₹46.70 Cr
Volatility
Moderate
P/E Ratio
-0.7
EBITDA
₹-0.40 Cr
Return on Equity
-29.05%
Debt to Equity
1.85
Book Value
₹112.71
EPS
₹0
52W High
₹49.35
52W Low
₹17.1
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Tulsyan NEC Ltd insights
29 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Stock is trading at 0.22 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.37.5 Cr.
- Promoters have pledged 99.6% of their holding.
- Earnings include an other income of Rs.31.3 Cr.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -6.25%
Growth Rate
Revenue Growth
-7.37% ↘
Net Income Growth
-11.39% ↘
Cash Flow Change
155.23% ↗
ROE
103.29% ↗
ROCE
11.88% ↗
EBITDA Margin (Avg.)
-102.53% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 230 | 245 | 237 | 246 | 228 | 261 | 181 | 160 | 196 | 233 | 215 | 136 | 145 |
| Expenses | 217 | 241 | 237 | 248 | 232 | 247 | 171 | 173 | 196 | 222 | 213 | 147 | 150 |
| Operating Profit | 12 | 4 | 0 | -2 | -5 | 14 | 9 | -13 | 0 | 11 | 2 | -11 | -5 |
| OPM % | 5% | 1.8% | -0.1% | -0.7% | -2% | 5% | 5% | -8% | 0% | 4.7% | 0.8% | -8% | -3.1% |
| Other Income | -7 | 0 | 15 | 2 | 0 | 1 | 1 | 0 | 1 | 0 | 15 | 6 | 10 |
| Interest | 7 | 11 | 10 | 9 | 10 | 9 | 8 | 8 | 38 | 16 | 17 | 17 | 20 |
| Depreciation | 8 | 6 | 6 | 6 | 7 | 6 | 6 | 6 | 4 | 6 | 6 | 6 | 5 |
| PBT | -9 | -13 | -1 | -14 | -21 | 0 | -5 | -27 | -41 | -11 | -6 | -28 | -19 |
| Tax % | -607% | 15% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 47 | -14 | -1 | -14 | -21 | 0 | -5 | -27 | -41 | -11 | -6 | -28 | -19 |
| EPS in Rs | 28.35 | -8.68 | -0.34 | -8.63 | -12.45 | 0.23 | -2.86 | -16.13 | -24.86 | -6.6 | -3.6 | -17.02 | -11.84 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,235 | 846 | 539 | 710 | 843 | 736 | 567 | 752 | 950 | 956 | 797 | 729 |
| Expenses | 1,193 | 772 | 503 | 695 | 817 | 713 | 545 | 738 | 935 | 958 | 787 | 732 |
| Operating Profit | 41 | 74 | 37 | 15 | 26 | 23 | 22 | 15 | 15 | -2 | 10 | -3 |
| OPM % | 3.3% | 9% | 7% | 2.1% | 3% | 3.1% | 3.8% | 1.9% | 1.6% | -0.2% | 1.3% | -0.4% |
| Other Income | 4 | 3 | -2 | -7 | 4 | 1 | 197 | 804 | 213 | 18 | 3 | 31 |
| Interest | 75 | 93 | 119 | 140 | 228 | 224 | 203 | 5 | 11 | 39 | 64 | 71 |
| Depreciation | 17 | 16 | 25 | 26 | 25 | 25 | 25 | 24 | 26 | 25 | 22 | 22 |
| PBT | -47 | -32 | -109 | -158 | -223 | -226 | -9 | 790 | 191 | -48 | -73 | -64 |
| 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 |
| EPS in Rs | -24.48 | -19.11 | -58.21 | -105 | -148 | -151 | -6.15 | 527 | 149 | -30.1 | -43.62 | -39.15 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| 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 | 186 | 195 |
| Total Liabilities | 1,338 | 1,253 | 1,190 | 1,160 | 1,096 | 1,055 | 957 | 917 | 914 | 840 | 809 | 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 | 274 | 280 |
| Total Assets | 1,338 | 1,253 | 1,190 | 1,160 | 1,096 | 1,055 | 957 | 917 | 914 | 840 | 809 | 789 |
Cash Flow
| 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
| 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 | 43 | 46 |
| Inventory Days | 46 | 72 | 112 | 62 | 56 | 64 | 85 | 50 | 49 | 37 | 42 | 36 |
| Days Payable | 100 | 124 | 62 | 59 | 41 | 50 | 13 | 25 | 44 | 57 | 75 | 75 |
| Cash Conversion Cycle | 60 | 87 | 189 | 143 | 121 | 130 | 173 | 96 | 42 | 19 | 11 | 8 |
| Working Capital Days | 56 | 67 | -180 | -240 | -255 | -331 | -370 | -151 | 15 | -11 | -46 | -26 |
| ROCE % | 4% | 7% | 1% | -1% | 0% | 0% | 0% | -1% | -1% | -1% | -1% | 1% |
Documents
1
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.
2
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.
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 Ltd
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 is listed on the Indian stock exchanges. It is listed on NSE: TULSYANLTD and BSE: TULSYAN. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Tulsyan NEC Ltd belong to?
Tulsyan NEC Ltd operates in the Industrial Products sector within the Iron & Steel Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Tulsyan NEC Ltd?
Tulsyan NEC Ltd has a market capitalisation of approximately ₹46.70 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Tulsyan NEC Ltd?
The Price-to-Earnings (PE) ratio of Tulsyan NEC Ltd is -0.70. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Tulsyan NEC Ltd?
Over the past 52 weeks, Tulsyan NEC Ltd has traded between a low of ₹17.1 and a high of ₹49.35. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Tulsyan NEC Ltd?
Tulsyan NEC Ltd has a Return on Equity (ROE) of -29.05%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Tulsyan NEC Ltd on Tapetide?
On Tapetide, you can view Tulsyan NEC Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
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]