---
title: "Tolani Bulk Carriers Ltd (TOLANIBULK) — Share Price, Financials & Analysis"
symbol: "TOLANIBULK"
company: "Tolani Bulk Carriers Ltd"
canonical: "https://tapetide.com/stocks/TOLANIBULK"
generated_at: "2026-10-13T11:02:31.493Z"
---

# Tolani Bulk Carriers Ltd (TOLANIBULK)

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

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has a low return on equity of 5.57% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 114% | 79% | 20% |

## Financial Statements

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.96 | 0.84 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.27 | 0.04 | 0.04 | 0.16 | 0.06 | 0.08 | 0.01 | 0.03 |
| Operating Profit | 0.69 | 0.8 | -0.04 | -0.16 | -0.06 | -0.08 | -0.01 | -0.03 |
| OPM % | 71.88 | 95.24 | — | — | — | — | — | — |
| Other Income | 0.01 | -0.82 | 0.13 | 0.18 | 0 | 0.18 | 0.07 | 0.2 |
| Interest | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.38 | 0.28 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.29 | -0.3 | 0.09 | 0.02 | -0.06 | 0.1 | 0.06 | 0.17 |
| Tax % | 72.41 | 30 | 22.22 | 0 | 0 | 20 | -33.33 | 11.76 |
| Net Profit | 0.08 | -0.39 | 0.07 | 0.02 | -0.06 | 0.08 | 0.07 | 0.15 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 |
| Reserves | 1.58 | 1.19 | 1.27 | 1.31 | 1.25 | 1.33 | 1.4 | 1.55 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.11 | 0.06 | 0.17 | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 |
| Total Liabilities | 1.81 | 1.37 | 1.56 | 1.45 | 1.38 | 1.47 | 1.53 | 1.68 |
| Fixed Assets | 1.56 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.14 | 0.34 | 1.17 | 1.27 | 1.21 | 1.1 | 1.5 | 1.64 |
| Other Assets | 0.11 | 1.03 | 0.39 | 0.18 | 0.17 | 0.37 | 0.03 | 0.04 |
| Total Assets | 1.81 | 1.37 | 1.56 | 1.45 | 1.38 | 1.47 | 1.53 | 1.68 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.74 | -0.23 | 0.7 | -0.02 | -0.06 | -0.21 | 0.31 | — |
| Cash from Investing Activity | -0.12 | 0.24 | -0.71 | 0.03 | 0.05 | 0.22 | -0.32 | — |
| Cash from Financing Activity | -0.63 | -0.02 | -0.01 | -0.03 | 0 | 0 | 0 | — |
| Net Cash Flow | -0.01 | -0.01 | -0.02 | -0.02 | -0.01 | 0.01 | -0.01 | — |
| Free Cash Flow | 0.74 | 0.19 | 0.7 | -0.02 | -0.06 | -0.21 | 0.31 | — |
| CFO/OP | 107 | 10 | -2125 | 144 | 100 | 0 | 200 | — |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 0 | — | — | — | — | — | — |
| Cash Conversion Cycle | 0 | 0 | — | — | — | — | — | — |
| Working Capital Days | -15.21 | 391.07 | — | — | — | — | — | — |
| ROCE % | — | 35.88 | 5.93 | -2.84 | -2.86 | 2.84 | 4.04 | 10.66 |

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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 2026-10-13T11:02:31.493Z.