Tulsyan NEC

₹103 -1.7 | 1.6%

WEBSITE BSE:513629 NSE : TULSYAN NEC 18 May, 12:50

Market Cap ₹155 Cr.

Stock P/E -1.8

P/B 0.4

Current Price ₹103

Book Value ₹ 242.9

Face Value 10

52W High ₹125.8

Dividend Yield 0%

52W Low ₹ 49.3

Edit Ratio

Tulsyan NEC Research see more...

Overview Inc. Year: 1947Industry: Steel & Iron Products

Tulsyan NEC Limited is an India-based company that manufactures thermo mechanically treated (TMT) bars, synthetic woven fabrics and sacks, and power generation. The company was established in 1947 as the National Engineering Company and renamed as Tulsyan NEC Limited in the early 90s. The company has operations in Chennai (Ambattur and Gummudipoondi) and Bangalore (Dodabalapur). The company’s TMT bars are made from high quality billets and conform to IS 1786/2008 standards. The company’s synthetic woven fabrics and sacks are used for packaging of cement, fertilizers, chemicals, food grains, and other products. The company’s power generation unit has a capacity of 5 MW. The company’s clients include construction companies, cement manufacturers, fertilizer companies, and government agencies. Company’s promoters are Mr. Ramesh Kumar Tulsyan and Mr. Suresh Kumar Tulsyan, who hold 74.99% of the shareholding.

Tulsyan NEC Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Tulsyan NEC Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	221	185	263	312	252	223	233	236	247	253
Other Income	5	0	0	0	0	0	1	0	15	2
Total Income	225	185	263	312	252	223	235	236	262	255
Total Expenditure	231	199	242	296	247	243	220	230	247	254
Operating Profit	-6	-14	21	16	6	-19	15	6	15	1
Interest	2	2	2	2	2	2	8	11	10	10
Depreciation	6	6	6	6	7	6	8	7	6	6
Exceptional Income / Expenses	170	-0	363	0	219	219	-8	0	0	0
Profit Before Tax	156	-22	375	8	216	192	-9	-12	-1	-14
Provision for Tax	0	0	0	0	0	0	58	2	0	0
Profit After Tax	156	-22	375	8	216	192	-67	-14	-1	-14
Adjustments	0	-0	0	-0	-0	-0	-0	-0	-0	0
Profit After Adjustments	156	-22	375	8	216	192	-67	-14	-1	-14
Adjusted Earnings Per Share	106.1	-14.8	254.9	5.6	146.8	130.5	-40.8	-8.5	-0.4	-8.7

Tulsyan NEC Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	1206	1348	1293	919	534	705	837	750	622	850	1022	969
Other Income	8	8	8	5	2	7	8	2	2	1	4	18
Total Income	1214	1356	1301	924	536	712	845	753	624	851	1025	988
Total Expenditure	1139	1287	1260	852	502	695	805	720	598	833	1007	951
Operating Profit	75	69	41	71	34	17	41	32	26	19	19	37
Interest	57	81	78	96	122	142	230	227	206	7	14	39
Depreciation	10	23	19	17	25	26	25	26	25	25	26	27
Exceptional Income / Expenses	-0	-5	-2	0	-3	-11	-3	0	197	804	211	-8
Profit Before Tax	7	-40	-58	-42	-116	-163	-217	-220	-8	791	189	-36
Provision for Tax	2	22	-16	-6	-22	-1	2	-1	3	0	-57	60
Profit After Tax	5	-61	-43	-36	-94	-161	-219	-219	-12	791	246	-96
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	5	-61	-43	-36	-94	-161	-219	-219	-12	791	246	-96
Adjusted Earnings Per Share	3.2	-41.8	-29.1	-24.2	-64	-109.6	-149.1	-149	-7.9	537.5	148.5	-58.4

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	20%	11%	8%	-2%
Operating Profit CAGR	0%	-16%	2%	-13%
PAT CAGR	-69%	0%	0%	48%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	94%	NA%	NA%	16%
ROE Average	91%	30%	18%	-66%
ROCE Average	26%	49%	30%	16%

Tulsyan NEC Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	132	143	108	73	-37	-197	-416	-634	-647	143	395
Minority's Interest	1	1	1	1	0	0	0	0	0	0	0
Borrowings	304	274	594	570	506	431	496	619	701	150	241
Other Non-Current Liabilities	156	167	140	126	-0	0	3	5	11	14	-41
Total Current Liabilities	544	674	527	504	741	936	1022	1070	908	627	273
Total Liabilities	1137	1259	1371	1275	1210	1170	1105	1061	974	934	868
Fixed Assets	116	351	332	325	745	726	702	680	656	635	573
Other Non-Current Assets	416	241	279	304	8	7	8	8	7	7	5
Total Current Assets	605	666	761	647	456	437	395	372	310	292	250
Total Assets	1137	1259	1371	1275	1210	1170	1105	1061	974	934	868

Tulsyan NEC Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	17	20	21	49	2	4	8	3	3	6	3
Cash Flow from Operating Activities	132	107	-201	112	9	149	109	41	235	864	340
Cash Flow from Investing Activities	-179	-80	-37	-29	-13	8	5	-4	-3	-5	-0
Cash Flow from Financing Activities	49	-26	267	-115	6	-209	-118	-37	-229	-862	-330
Net Cash Inflow / Outflow	3	1	28	-31	2	-51	-4	-0	3	-3	10
Closing Cash & Cash Equivalent	20	21	49	18	4	-47	3	3	6	3	13

Tulsyan NEC Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	3.15	-41.79	-29.11	-24.17	-64.03	-109.58	-149.15	-148.98	-7.86	537.5	148.48
CEPS(Rs)	10.27	-25.84	-16.26	-12.64	-46.96	-91.81	-131.95	-131.61	9.22	554.25	164.44
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	89.56	92.29	67.81	43.82	-25.39	-134.51	-283.02	-431.01	-439.42	97.5	238.71
Core EBITDA Margin(%)	5.1	4.31	2.39	6.82	5.49	1.46	3.86	4	3.85	2.03	1.46
EBIT Margin(%)	4.9	2.86	1.45	5.57	0.99	-2.82	1.53	0.89	31.76	93.95	19.89
Pre Tax Margin(%)	0.5	-2.76	-4.22	-4.31	-20.21	-22.56	-25.97	-29.37	-1.33	93.09	18.48
PAT Margin (%)	0.35	-4.28	-3.1	-3.64	-16.36	-22.36	-26.22	-29.22	-1.86	93.05	24.05
Cash Profit Margin (%)	1.15	-2.65	-1.73	-1.91	-11.99	-18.73	-23.2	-25.81	2.18	95.95	26.64
ROA(%)	0.46	-5.13	-3.25	-2.68	-7.58	-13.54	-19.29	-20.24	-1.14	82.91	27.26
ROE(%)	3.74	-45.96	-36.37	-43.3	-695.73	0	0	0	0	0	91.26
ROCE(%)	10.7	5.95	2.5	6.1	0.58	-1.96	1.34	0.76	23.45	97.95	26.15
Receivable days	83.05	84.8	99.31	135.77	170.32	121.32	113	117.21	118.39	69.61	46.22
Inventory Days	35.16	36.55	38.69	54.16	87.69	59.49	43.51	49.48	57.1	37.94	33.09
Payable days	101.33	102.85	107.55	140.62	157.17	77.45	64.56	63.59	54.61	27.66	35.09
PER(x)	8.58	0	0	0	0	0	0	0	0	0	0.39
Price/Book(x)	0.3	0.2	0.22	0.43	0	0	0	0	0	0	0.24
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0.46	0.43	0.59	0.9	2.11	1.69	1.61	1.98	2.41	0.76	0.45
EV/Core EBITDA(x)	7.51	8.31	18.76	11.66	33.16	69.38	33.15	45.95	58.1	34.51	24.48
Net Sales Growth(%)	-0.69	11.83	-4.1	-28.96	-41.92	32.19	18.63	-10.34	-17.06	36.57	20.21
EBIT Growth(%)	-13.97	-36.03	-51.1	170.94	-89.51	-457.12	162.73	-47.53	2850.62	304	-74.55
PAT Growth(%)	-72.82	-1425.11	30.33	16.99	-165.1	-71.13	-36.21	0.11	94.72	6939.26	-68.93
EPS Growth(%)	-79.9	-1425.09	30.34	16.99	-164.95	-71.13	-36.11	0.11	94.72	6939.28	-72.38
Debt/Equity(x)	4.1	3.94	7.25	11.1	-30.14	-6.01	-3.2	-2.32	-2.31	4.45	0.96
Current Ratio(x)	1.11	0.99	1.44	1.28	0.62	0.47	0.39	0.35	0.34	0.47	0.91
Quick Ratio(x)	0.85	0.78	1.16	1.01	0.43	0.36	0.29	0.25	0.24	0.33	0.54
Interest Cover(x)	1.11	0.51	0.26	0.56	0.05	-0.14	0.06	0.03	0.96	109.35	14.11
Total Debt/Mcap(x)	13.31	20.25	34.95	29.05	0	0	0	0	0	0	3.96

Tulsyan NEC Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	70.45	70.45	70.45	70.45	70.45	70.45	70.45	70.45	70.45	70.45
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	29.55	29.55	29.55	29.55	29.55	29.55	29.55	29.55	29.55	29.55
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	1.06	1.06	1.06	1.06	1.06	1.06	1.06	1.06	1.06	1.06
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.44	0.44	0.44	0.44	0.44	0.44	0.44	0.44	0.44	0.44
Others	0	0	0	0	0	0	0	0	0	0
Total	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5

Pros

Stock is trading at 0.4 times its book value
Company has a good return on equity (ROE) track record: 3 Years ROE 30%

Cons

Debtor days have increased from 27.66 to 35.09days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Tulsyan NEC News

Top Unlisted Companies & InstaBuy Companies

Sell or Purchase Share (Tentative Price)

Current Price: 49/-

Electrosteel Steel Ltd

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Tulsyan NEC

Add Watchlist

Tulsyan NEC Research see more...

Overview Inc. Year: 1947Industry: Steel & Iron Products

Tulsyan NEC Share Price

Alert Data

Quarterly Price

Peer Comparison

Tulsyan NEC Quarterly Results

Tulsyan NEC Profit & Loss

Growth Rates

Tulsyan NEC Balance Sheet

Tulsyan NEC Cash Flow

Tulsyan NEC Ratios

Tulsyan NEC Shareholding Pattern

Tulsyan NEC News

Top Unlisted Companies & InstaBuy Companies

Electrosteel Steel Ltd

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!