---
title: "Terruzzi Fercalx India Ltd (VULCANENG) — Share Price, Financials & Analysis"
symbol: "VULCANENG"
company: "Terruzzi Fercalx India Ltd"
canonical: "https://tapetide.com/stocks/VULCANENG"
sector: "Industrials"
industry: "Industrial Manufacturing"
generated_at: "2026-10-13T11:00:52.899Z"
---

# Terruzzi Fercalx India Ltd (VULCANENG)

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

## Company

- **Sector:** Industrials
- **Industry:** Industrial Manufacturing
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vulcanengineers.com

## About

Terruzzi Fercalx India Limited, incorporated in India, Listed on the Bombay Stock exchange Limited, the company is engaged in the business of design, engineering, supply, construction and erection of industrial plants.

## Latest Price

## Key Insights

### Strengths

- Debtor days have improved from 239 to 166 days.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 11.5% over past five years.
- Company has a low return on equity of -42.1% over last 3 years.
- Company has high debtors of 166 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 17% | — | — |
| revenue growth | -45% | -1% | 12% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.62 | 3.23 | 3.21 | 4.1 | 2.45 | 2.32 | 0.73 | 1.16 |
| Expenses | 3.09 | 4.65 | 4.2 | 4.02 | 3.6 | 3.2 | 2.5 | 2.87 |
| Operating Profit | -1.47 | -1.42 | -0.99 | 0.08 | -1.15 | -0.88 | -1.77 | -1.71 |
| OPM % | -90.74 | -43.96 | -30.84 | 1.95 | -46.94 | -37.93 | -242.47 | -147.41 |
| Other Income | -0.66 | 0.07 | 0.1 | -0.04 | 0.14 | 0.06 | 0.06 | 0.04 |
| Interest | 0.14 | 0.17 | 0.12 | 0.13 | 0.14 | 0.14 | 0.17 | 0.17 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | -2.3 | -1.55 | -1.04 | -0.12 | -1.17 | -0.98 | -1.9 | -1.86 |
| Tax % | -36.09 | -22.58 | 384.62 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -1.47 | -1.2 | -5.04 | -0.11 | -1.17 | -0.98 | -1.91 | -1.86 |
| EPS in Rs | -1.55 | -1.26 | -5.31 | -0.12 | -1.23 | -1.03 | -2.01 | -1.96 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Dec 2010 9m | Dec 2011 | Dec 2012 | Dec 2013 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 6.4 | 12.17 | 7.06 | 9.12 | 19.99 | 12.62 | 21.19 | 10.96 | 12.17 | 6.66 |
| Expenses | 6.37 | 10.12 | 7.34 | 9.16 | 16.97 | 12.75 | 22.49 | 14.81 | 15.93 | 12.17 |
| Operating Profit | 0.03 | 2.05 | -0.28 | -0.04 | 3.02 | -0.13 | -1.3 | -3.85 | -3.76 | -5.51 |
| OPM % | 0.47 | 16.84 | -3.97 | -0.44 | 15.11 | -1.03 | -6.13 | -35.13 | -30.9 | -82.73 |
| Other Income | 0.1 | 0.07 | 0.04 | 0.11 | 0.25 | 0.45 | 0.19 | 0.12 | -0.53 | 0.3 |
| Interest | 0.12 | 0.09 | 0.1 | 0.17 | 0.26 | 0.08 | 0.15 | 0.53 | 0.6 | 0.62 |
| Depreciation | 0.03 | 0.04 | 0.06 | 0.06 | 0.07 | 0.08 | 0.12 | 0.1 | 0.12 | 0.08 |
| Profit before tax | -0.02 | 1.99 | -0.4 | -0.16 | 2.94 | 0.16 | -1.38 | -4.36 | -5.01 | -5.91 |
| Tax % | 100 | 46.23 | 32.5 | 212.5 | 45.24 | 106.25 | -27.54 | -29.36 | 56.29 | — |
| Net Profit | -0.04 | 1.07 | -0.53 | -0.5 | 1.61 | -0.01 | -1 | -3.08 | -7.82 | -5.92 |
| EPS in Rs | — | — | — | — | 1.97 | -0.01 | -1.05 | -3.24 | -8.23 | -6.23 |
| 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 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4.84 | 4.84 | 4.84 | 4.84 | 8.19 | 8.19 | 9.5 | 9.5 | 9.5 |
| Reserves | -5.74 | -1.43 | -2.03 | -2.55 | -0.44 | -0.45 | 3.33 | 0.25 | -7.58 |
| Borrowings | 0.97 | 0.28 | 0.88 | 0.85 | 0.19 | 0 | 2.85 | 4.74 | 4.61 |
| Other Liabilities | 2.19 | 4.22 | 3.92 | 5.48 | 8.24 | 10.1 | 9.91 | 12.37 | 14.33 |
| Total Liabilities | 2.26 | 7.91 | 7.61 | 8.62 | 16.18 | 17.84 | 25.59 | 26.86 | 20.86 |
| Fixed Assets | 0.29 | 0.5 | 0.47 | 0.43 | 0.57 | 0.78 | 6.51 | 6.38 | 6.28 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1.97 | 7.41 | 7.14 | 8.19 | 15.61 | 17.06 | 19.08 | 20.48 | 14.58 |
| Total Assets | 2.26 | 7.91 | 7.61 | 8.62 | 16.18 | 17.84 | 25.59 | 26.86 | 20.86 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.21 | 3.08 | -2.5 | 0.08 | 0.49 | -0.41 | -4.16 | -1.86 | 0.69 |
| Cash from Investing Activity | -0.04 | -0.26 | -0.03 | -0.02 | -0.22 | -0.3 | -5.85 | 0.31 | 0.05 |
| Cash from Financing Activity | -0.06 | -0.68 | 0.57 | -0.1 | 3.07 | -0.14 | 8.9 | 1.48 | -0.68 |
| Net Cash Flow | 0.11 | 2.14 | -1.96 | -0.04 | 3.34 | -0.85 | -1.11 | -0.07 | 0.06 |
| Free Cash Flow | 0.17 | 2.82 | -2.53 | 0.06 | 0.27 | -0.71 | -10.01 | -1.93 | 0.67 |
| CFO/OP | -67 | 159 | 825 | -875 | 22 | -92 | 318 | 52 | -16 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 65.59 | 30.59 | 107.02 | 137.68 | 160.68 | 314.96 | 213.76 | 337.69 | 165.55 |
| Inventory Days | 88.87 | 87.1 | — | 63.7 | 19.83 | 14.52 | 0 | 5.77 | 9.06 |
| Days Payable | 149.17 | 128.58 | — | 299.58 | 195.99 | 272.87 | — | 324.63 | 556.56 |
| Cash Conversion Cycle | 5.28 | -10.89 | 107.02 | -98.2 | -15.48 | 56.61 | 213.76 | 18.83 | -381.95 |
| Working Capital Days | -27.95 | -53.39 | 14.99 | 5.2 | 41.45 | 83.59 | 41.34 | -44.63 | -186.55 |
| ROCE % | — | 110.64 | -8.13 | 0.29 | 57.76 | 4.41 | -10.5 | -24.99 | -35.39 |

## 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 / 8 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 80.55 | Sell |
| EMA (10) | 79.79 | Sell |
| SMA (20) | 80.09 | Sell |
| EMA (20) | 79.66 | Sell |
| SMA (50) | 79.76 | Sell |
| EMA (50) | 84.39 | Sell |
| SMA (100) | 97.62 | Sell |
| EMA (100) | 108.32 | Sell |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.12 | Neutral |
| MACD (12,26,9) | -0.05 | Sell |
| Stochastic (14,3,3) | 31.72 | Neutral |
| ADX (14) | 16.21 | Neutral |
| Williams %R (14) | -74.85 | Neutral |
| ATR (14) | 5.8 | High Volatility |
| ROC (12) | -2.34 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 37.12 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| Dec 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/522080/5220801213.pdf) |
| Dec 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/522080/5220801212.pdf) |
| Dec 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/522080/5220801211.pdf) |
| Dec 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/522080/5220801210.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 2026-10-13T11:00:52.899Z.