Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Join Channel
Consolidated Standalone

Tulsyan NEC

₹44 -2.6 | 5.6%

Market Cap ₹72 Cr.

Stock P/E -1.5

P/B 0.2

Current Price ₹44

Book Value ₹ 190.1

Face Value 10

52W High ₹124.7

Dividend Yield 0%

52W Low ₹ 39.9

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.

Read More..

Tulsyan NEC Share Price

New

₹ | |

Volume
Price

Quarterly Price

Quarterly Monthly
Show Value Show %

Peer Comparison

Tulsyan NEC Quarterly Results

#(Fig in Cr.) Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Net Sales 252 223 233 236 247 253 242 275 199 180
Other Income 0 0 1 0 15 2 0 1 1 0
Total Income 252 223 235 236 262 255 242 277 199 181
Total Expenditure 247 243 220 230 247 254 245 260 189 192
Operating Profit 6 -19 15 6 15 1 -3 16 11 -12
Interest 2 2 8 11 10 10 10 10 9 9
Depreciation 7 6 8 7 6 6 7 6 6 6
Exceptional Income / Expenses 219 219 -8 0 0 0 0 0 0 0
Profit Before Tax 216 192 -9 -12 -1 -14 -20 1 -4 -27
Provision for Tax 0 0 58 2 0 0 -0 0 0 0
Profit After Tax 216 192 -67 -14 -1 -14 -20 1 -4 -27
Adjustments -0 -0 0 -0 -0 0 0 0 0 0
Profit After Adjustments 216 192 -67 -14 -1 -14 -20 1 -4 -27
Adjusted Earnings Per Share 146.8 130.5 -40.8 -8.5 -0.4 -8.7 -12 0.4 -2.6 -16.3

Tulsyan NEC Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 1348 1293 919 534 705 837 750 622 850 1022 977 896
Other Income 8 8 5 2 7 8 2 2 1 4 19 2
Total Income 1356 1301 924 536 712 845 753 624 851 1025 996 899
Total Expenditure 1287 1260 852 502 695 805 720 598 833 1007 977 886
Operating Profit 69 41 71 34 17 41 32 26 19 19 20 12
Interest 81 78 96 122 142 230 227 206 7 14 42 38
Depreciation 23 19 17 25 26 25 26 25 25 26 25 25
Exceptional Income / Expenses -5 -2 0 -3 -11 -3 0 197 804 211 0 0
Profit Before Tax -40 -58 -42 -116 -163 -217 -220 -8 791 189 -48 -50
Provision for Tax 22 -16 -6 -22 -1 2 -1 3 0 -57 1 0
Profit After Tax -61 -43 -36 -94 -161 -219 -219 -12 791 246 -49 -50
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -61 -43 -36 -94 -161 -219 -219 -12 791 246 -49 -50
Adjusted Earnings Per Share -41.8 -29.1 -24.2 -64 -109.6 -149.1 -149 -7.9 537.5 148.5 -29.7 -30.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -4% 16% 3% -3%
Operating Profit CAGR 5% -8% -13% -12%
PAT CAGR -120% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -53% NA% NA% 10%
ROE Average -13% 26% 16% -68%
ROCE Average -1% 41% 30% 15%

Tulsyan NEC Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 143 108 73 -37 -197 -416 -634 -647 143 395 344
Minority's Interest 1 1 1 0 0 0 0 0 0 0 0
Borrowings 274 594 570 506 431 496 619 701 150 241 220
Other Non-Current Liabilities 167 140 126 -0 0 3 5 11 14 -41 -39
Total Current Liabilities 674 527 504 741 936 1022 1070 908 627 273 266
Total Liabilities 1259 1371 1275 1210 1170 1105 1061 974 934 868 791
Fixed Assets 351 332 325 745 726 702 680 656 635 573 550
Other Non-Current Assets 241 279 304 8 7 8 8 7 7 5 6
Total Current Assets 666 761 647 456 437 395 372 310 292 250 235
Total Assets 1259 1371 1275 1210 1170 1105 1061 974 934 868 791

Tulsyan NEC Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 20 21 49 2 4 8 3 3 6 3 13
Cash Flow from Operating Activities 107 -201 112 9 149 109 41 235 864 340 15
Cash Flow from Investing Activities -80 -37 -29 -13 8 5 -4 -3 -5 -0 53
Cash Flow from Financing Activities -26 267 -115 6 -209 -118 -37 -229 -862 -330 -80
Net Cash Inflow / Outflow 1 28 -31 2 -51 -4 -0 3 -3 10 -11
Closing Cash & Cash Equivalent 21 49 18 4 -47 3 3 6 3 13 1

Tulsyan NEC Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) -41.79 -29.11 -24.17 -64.03 -109.58 -149.15 -148.98 -7.86 537.5 148.48 -29.67
CEPS(Rs) -25.84 -16.26 -12.64 -46.96 -91.81 -131.95 -131.61 9.22 554.25 164.44 -14.31
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 92.29 67.81 43.82 -25.39 -134.51 -283.02 -431.01 -439.42 97.5 238.71 207.69
Core EBITDA Margin(%) 4.31 2.39 6.82 5.49 1.46 3.86 4 3.85 2.03 1.46 0.02
EBIT Margin(%) 2.86 1.45 5.57 0.99 -2.82 1.53 0.89 31.76 93.95 19.89 -0.61
Pre Tax Margin(%) -2.76 -4.22 -4.31 -20.21 -22.56 -25.97 -29.37 -1.33 93.09 18.48 -4.88
PAT Margin (%) -4.28 -3.1 -3.64 -16.36 -22.36 -26.22 -29.22 -1.86 93.05 24.05 -5.03
Cash Profit Margin (%) -2.65 -1.73 -1.91 -11.99 -18.73 -23.2 -25.81 2.18 95.95 26.64 -2.42
ROA(%) -5.13 -3.25 -2.68 -7.58 -13.54 -19.29 -20.24 -1.14 82.91 27.27 -5.92
ROE(%) -45.96 -36.37 -43.3 -695.73 0 0 0 0 0 91.26 -13.29
ROCE(%) 5.95 2.5 6.1 0.58 -1.96 1.34 0.76 23.45 97.95 26.15 -0.81
Receivable days 84.8 99.31 135.77 170.32 121.32 113 117.21 118.39 69.61 46.22 38.97
Inventory Days 36.55 38.69 54.16 87.69 59.49 43.51 49.48 57.1 37.94 33.09 34.31
Payable days 102.85 107.55 140.62 157.17 77.45 64.56 63.59 54.61 27.66 35.09 49.25
PER(x) 0 0 0 0 0 0 0 0 0 0.39 0
Price/Book(x) 0.2 0.22 0.43 0 0 0 0 0 0 0.24 0.41
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.43 0.59 0.9 2.11 1.69 1.61 1.98 2.41 0.76 0.45 0.48
EV/Core EBITDA(x) 8.31 18.76 11.66 33.16 69.38 33.15 45.95 58.1 34.51 24.49 24.24
Net Sales Growth(%) 11.83 -4.1 -28.96 -41.92 32.19 18.63 -10.34 -17.06 36.57 20.21 -4.37
EBIT Growth(%) -36.03 -51.1 170.94 -89.51 -457.12 162.73 -47.53 2850.62 304 -74.55 -102.91
PAT Growth(%) -1425.11 30.33 16.99 -165.1 -71.13 -36.21 0.11 94.72 6939.26 -68.93 -119.99
EPS Growth(%) -1425.09 30.34 16.99 -164.95 -71.13 -36.11 0.11 94.72 6939.28 -72.38 -119.99
Debt/Equity(x) 3.94 7.25 11.1 -30.14 -6.01 -3.2 -2.32 -2.31 4.45 0.96 0.97
Current Ratio(x) 0.99 1.44 1.28 0.62 0.47 0.39 0.35 0.34 0.47 0.92 0.88
Quick Ratio(x) 0.78 1.16 1.01 0.43 0.36 0.29 0.25 0.24 0.33 0.54 0.58
Interest Cover(x) 0.51 0.26 0.56 0.05 -0.14 0.06 0.03 0.96 109.35 14.11 -0.14
Total Debt/Mcap(x) 20.25 34.95 29.05 0 0 0 0 0 0 4.4 2.65

Tulsyan NEC Shareholding Pattern

# Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
Promoter 70.45 70.45 70.45 70.45 70.45 70.45 70.45 63.4 63.4 63.4
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 10 10 10
Public 29.55 29.55 29.55 29.55 29.55 29.55 29.55 26.6 26.6 26.6
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at 0.2 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26%
  • Company has reduced debt.

Cons

  • Debtor days have increased from 35.09 to 49.25days.

* 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)

IPO

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

View more.....

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

View more.....

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

View more.....

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

View more.....

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

View more.....

You May Also Know About

Unlisted Shares Pre-IPO Shares ESOP Shares Delisted Shares

Please Login!

Click to Login
OR
Get free Account

Error!