---
title: "Tulsi Extrusions Ltd (TULSI) — Share Price, Financials & Analysis"
symbol: "TULSI"
company: "Tulsi Extrusions Ltd"
canonical: "https://tapetide.com/stocks/TULSI"
isin: "INE474I01012"
nse_symbol: "TULSI"
bse_code: "532948"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T20:15:53.857Z"
---

# Tulsi Extrusions Ltd (TULSI)

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

## Company

- **NSE Symbol:** TULSI
- **BSE Code:** 532948
- **ISIN:** INE474I01012
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2008-02-25
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** tulsigroup.com

## About

Tulsi Extrusions is engaged in the production of plastic products.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.07 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -6.58% over last 3 years.
- Company has high debtors of 195 days.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -45% |
| revenue growth | -10% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 13.51 | 24.71 | 9.8 | 14.04 | 9.8 | 13.86 | 3.33 | 11.89 | 8.99 | 10.43 | 6.67 | 9.05 |
| Expenses | 11.8 | 23.73 | 7.82 | 15.1 | 7.82 | 14.54 | 5.12 | 12.44 | 1.58 | 13.18 | 10.8 | 10 |
| Operating Profit | 1.71 | 0.98 | 1.98 | -1.06 | 1.98 | -0.68 | -1.79 | -0.55 | 7.41 | -2.75 | -4.13 | -0.95 |
| OPM % | 12.66 | 3.97 | 20.2 | -7.55 | 20.2 | -4.91 | -53.75 | -4.63 | 82.42 | -26.37 | -61.92 | -10.5 |
| Other Income | 0 | 0 | 0.03 | 0.11 | 0.03 | 0.01 | 0.01 | 0.04 | 0.12 | 0.12 | -0.02 | 0 |
| Interest | 0.01 | 0 | 0.58 | 0 | 0.58 | 0.11 | 0.37 | 1.48 | 0.69 | 0.29 | 0.27 | 0.3 |
| Depreciation | 7.77 | 1.22 | 1.22 | 1.19 | 1.22 | 1.22 | 1.24 | 1.24 | 4.35 | 2.02 | 2.02 | 2.02 |
| Profit before tax | -6.07 | -0.24 | 0.21 | -2.14 | 0.21 | -2 | -3.39 | -3.23 | 2.49 | -4.94 | -6.44 | -3.27 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -6.07 | -0.24 | 0.21 | -2.14 | 0.21 | -2 | -3.38 | -3.23 | 2.5 | -4.94 | -6.44 | -3.27 |
| EPS in Rs | -2.21 | -0.09 | 0.08 | -0.78 | 0.08 | -0.73 | -1.23 | -1.17 | 0.91 | -1.8 | -2.34 | -1.19 |

### Profit & Loss

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

| Item | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 155 | 182 | 80 | 87 | 57 | 62 | 21 | 55 | 38 | 35 |
| Expenses | 138 | 161 | 139 | 128 | 62 | 63 | 19 | 54 | 37 | 36 |
| Operating Profit | 17 | 20 | -59 | -41 | -5 | 0 | 1 | 1 | 1 | 0 |
| OPM % | 11 | 11 | -74 | -47 | -10 | -0.4 | 7 | 2.2 | 3.2 | -1.2 |
| Other Income | 1 | 2 | -5 | -19 | 0 | -1 | 0 | 0 | 0 | 0 |
| Interest | 11 | 15 | 20 | 17 | 1 | 1 | 0 | 0 | 1 | 2 |
| Depreciation | 3 | 4 | 6 | 7 | 7 | 6 | 8 | 5 | 8 | 10 |
| Profit before tax | 5 | 3 | -91 | -83 | -13 | -9 | -6 | -3 | -8 | -12 |
| Tax % | 56 | 28 | 1 | 1 | 2 | 7 | 0 | 0 | 0 | — |
| Net Profit | 2 | 2 | -92 | -84 | -13 | -9 | -6 | -3 | -8 | -12 |
| EPS in Rs | 0.74 | 0.8 | -33.29 | -30.6 | -4.66 | -3.41 | -2.33 | -1.26 | -2.84 | -4.42 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 21 | 21 | 21 |
| Reserves | 115 | 117 | 27 | -57 | -70 | -79 | 96 | 38 | 27 | 16 |
| Borrowings | 85 | 153 | 203 | 219 | 216 | 214 | 0 | 0 | 29 | 29 |
| Other Liabilities | 38 | 38 | 31 | 26 | 29 | 32 | 32 | 29 | 16 | 20 |
| Total Liabilities | 266 | 335 | 289 | 215 | 202 | 194 | 155 | 89 | 93 | 86 |
| Fixed Assets | 42 | 53 | 82 | 77 | 71 | 63 | 48 | 45 | 34 | 30 |
| CWIP | 28 | 57 | 50 | 35 | 30 | 29 | 0 | 0 | 0 | 0 |
| Investments | 30 | 30 | 31 | 4 | 4 | 4 | 7 | 1 | 1 | 1 |
| Other Assets | 166 | 195 | 125 | 99 | 98 | 98 | 100 | 43 | 58 | 55 |
| Total Assets | 266 | 335 | 289 | 215 | 202 | 194 | 155 | 89 | 93 | 86 |

### Cash Flow

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -17 | -24 | 1 | -22 | -16 | 6 | 2 | 1 | -40 | -30 |
| Cash from Investing Activity | -24 | -44 | -44 | -21 | 15 | -4 | -2 | -1 | 20 | 3 |
| Cash from Financing Activity | 36 | 68 | 52 | 39 | -1 | -3 | -2 | 0 | 20 | 27 |
| Net Cash Flow | -5 | 1 | 9 | -3 | -2 | -1 | -1 | 0 | 0 | 0 |
| Free Cash Flow | -40 | -41 | -43 | -41 | -30 | 1 | 0 | 0 | -42 | -27 |
| CFO/OP | -88 | -127 | 8 | 35 | 39 | -119 | -677 | 85 | -3253 | -2442 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 179 | 189 | 154 | 165 | 273 | 410 | 389 | 1073 | 97 | 195 |
| Inventory Days | 206 | 238 | 252 | 305 | 108 | 180 | 168 | 130 | 141 | 340 |
| Days Payable | 55 | 40 | 81 | 90 | 74 | 141 | 147 | 628 | 231 | 230 |
| Cash Conversion Cycle | 330 | 387 | 325 | 380 | 307 | 450 | 410 | 575 | 7 | 305 |
| Working Capital Days | 311 | 92 | 67 | 19 | -68 | -108 | -116 | 818 | 46 | 210 |
| ROCE % | 12 | 8 | 7 | — | -21 | -7 | -4 | — | -4 | -10 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 |
| --- | --- | --- |
| Promoters | 26.15% | 25.88% |
| FIIs | 0.37% | 0.37% |
| Government | 0% | 0.35% |
| Public | 73.48% | 73.41% |
| No. of Shareholders | 23420 | 22229 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 26.15% | 26.15% | 26.15% | 26.15% | 26.15% | 26.15% | 25.88% | 25.88% |
| FIIs | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0.35% | 0.35% |
| Public | 73.48% | 73.48% | 73.48% | 73.48% | 73.48% | 73.48% | 73.41% | 73.41% |
| No. of Shareholders | 23989 | 23754 | 23669 | 23420 | 23172 | 23005 | 22744 | 22229 |

## 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) | 128.89 | Sell |
| EMA (10) | 128.96 | Sell |
| SMA (20) | 133.3 | Sell |
| EMA (20) | 131.27 | Sell |
| SMA (50) | 136.68 | Sell |
| EMA (50) | 138.5 | Sell |
| SMA (100) | 157.13 | Sell |
| EMA (100) | 150.43 | Sell |
| SMA (200) | 168.14 | Sell |
| EMA (200) | 165.57 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 40.64 | Neutral |
| MACD (12,26,9) | -2.93 | Sell |
| Stochastic (14,3,3) | 20.94 | Neutral |
| ADX (14) | 15.56 | Neutral |
| Williams %R (14) | -81.78 | Buy |
| ATR (14) | 6.15 | High Volatility |
| ROC (12) | -10.91 | Sell |
| Stoch RSI (14) | 27.01 | Neutral |
| UO (7,14,28) | 49.28 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-07-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=244ce252-9a5a-494a-97c8-a1232016fe28.pdf) |
| 2026-07-03 | [Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON JULY 03 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dde89456-4c51-469e-abe4-fc2861363e88.pdf) |
| 2026-07-03 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8b1cbfc7-0aec-4d7d-a7b0-82e8ab95c274.pdf) |
| 2026-06-25 | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58114ad3-8268-472c-84a7-b3cc5b6cde2d.pdf) |
| 2026-06-25 | [Board Meeting Intimation for INTIMATION OF BOARD MEETING UNDER REGULATION 29 OF SEBI (LISTING OBLIGATIONS & DISCLOSURE REQUIREMENTS) REGULATIONS 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a6702cdf-27d4-49f7-91ce-a08f6b2eecca.pdf) |
| 2026-06-11 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=919d03bc-6542-41d9-bef5-1d1efe8ae3d1.pdf) |
| 2026-04-16 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c86d0705-28f2-4e59-8c58-e451d2fcd12b.pdf) |
| 2026-04-15 | [Board Meeting Outcome for OUTCOME OF BOARD MEETING FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6d228096-ce8c-4c97-a207-e9c9df16ef26.pdf) |
| 2026-04-15 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c139d0dd-df01-4ecb-8c6b-3d09d6eaff70.pdf) |
| 2026-04-07 | [Board Meeting Intimation for INTIMATION OF BOARD MEETING UNDER REGULATION 29 OF SEBI (LISTING OBLIGATIONS & DISCLOSURE REQUIREMENTS) REGULATIONS 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c51d1750-8eed-4f21-a2cb-bb82fe51dc30.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Mar - Newspaper Publication of unaudited standalone financial results for the quarter ended June 30, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Mar - Newspaper Publication of unaudited standalone financial results for the quarter ended June 30, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8d02784c-4137-46da-a855-0d4eb519be0f.pdf) |
| 7 Apr - Board meeting on April 15, 2026 to approve Q2 FY2026 standalone results. | [Board Meeting Intimation for INTIMATION OF BOARD MEETING UNDER REGULATION 29 OF SEBI (LODR) REGULATIONS, 2015 7 Apr - Board meeting on April 15, 2026 to approve Q2 FY2026 standalone results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c51d1750-8eed-4f21-a2cb-bb82fe51dc30.pdf) |
| 6 Mar - Approved Q1 FY2025 unaudited results: loss INR 493.99 lakhs; delay due to prior insolvency revival and pending NCLT equity approval. | [Results-Delay in Financial Results 6 Mar - Approved Q1 FY2025 unaudited results: loss INR 493.99 lakhs; delay due to prior insolvency revival and pending NCLT equity approval.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/755cc29b-2e63-46a6-a3aa-92a68f13fe75.pdf) |
| 6 Mar - Approved Q1 (June 30, 2025) results: revenue INR 1,042.71L, net loss INR 493.99L; late-filing explained. | [Board Meeting Outcome for Board Meeting Outcome For Financial Results For Quarter Ended June 30, 2025 6 Mar - Approved Q1 (June 30, 2025) results: revenue INR 1,042.71L, net loss INR 493.99L; late-filing explained.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/74b1c553-8411-43bf-b50f-0e127efc5f2d.pdf) |
| 6 Mar - Appointed Muskan Aggarwal as Company Secretary & Compliance Officer effective March 06, 2026; five months' experience. | [Appointment of Company Secretary and Compliance Officer 6 Mar - Appointed Muskan Aggarwal as Company Secretary & Compliance Officer effective March 06, 2026; five months' experience.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2ffd7f79-105d-4d64-93cc-bf64cf095bbe.pdf) |
| 26 Feb - Board meeting March 6, 2026 to approve unaudited standalone results for quarter ended June 30, 2025. | [Board Meeting Intimation for INTIMATION OF BOARD MEETING UNDER REGULATION 29 OF SEBI (LODR) REGULATIONS, 2015 26 Feb - Board meeting March 6, 2026 to approve unaudited standalone results for quarter ended June 30, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d46472b-423c-40a4-9c44-4f41008253f1.pdf) |
| 16 Mar - Clarifies board meeting times (04:00–05:10 PM) for March 6, 2026 appointment of Company Secretary Muskan Aggarwal. | [Appointment of Company Secretary and Compliance Officer 16 Mar - Clarifies board meeting times (04:00–05:10 PM) for March 6, 2026 appointment of Company Secretary Muskan Aggarwal.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5957f2a8-736f-469a-9c0e-5806cc666ce7.pdf) |
| 16 Apr - Newspaper advertisement regarding the publication of financials for the quarter and half year ended september, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Apr - Newspaper advertisement regarding the publication of financials for the quarter and half year ended september, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c86d0705-28f2-4e59-8c58-e451d2fcd12b.pdf) |
| 15 Apr - Board approved unaudited standalone results for quarter and half year ended September 30, 2025; delay clarified. | [Board Meeting Outcome for OUTCOME OF BOARD MEETING FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER, 2025 15 Apr - Board approved unaudited standalone results for quarter and half year ended September 30, 2025; delay clarified.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6d228096-ce8c-4c97-a207-e9c9df16ef26.pdf) |
| 15 Apr - Board approved unaudited results for Q2/H1 FY2025-26, reported ₹11.38 crore loss. | [Results-Delay in Financial Results 15 Apr - Board approved unaudited results for Q2/H1 FY2025-26, reported ₹11.38 crore loss.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c139d0dd-df01-4ecb-8c6b-3d09d6eaff70.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_TULSI_2010_2011_02112011120404.zip) |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_TULSI_2009_2010_02092010120000.zip) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532948/5329480317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532948/5329480316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/532948/5329480315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/532948/5329480314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/532948/5329480313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/532948/5329480312.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/532948/5329480311.pdf) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport/532948/5329480310.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 2026-09-13T20:15:53.857Z.