Is Tulsyan NEC Ltd (TULSYAN) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Tulsyan NEC Ltd is a average quality company .

Is Tulsyan NEC Ltd (TULSYAN) undervalued or overvalued?

The key valuation ratios of Tulsyan NEC Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is Tulsyan NEC Ltd (TULSYAN) share price return in the past 10 years?

Tulsyan NEC Ltd share price has appreciated 7.9% annually (CAGR) over the past ten years.

Is Tulsyan NEC Ltd (TULSYAN) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Tulsyan NEC Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Tulsyan NEC Ltd (TULSYAN)?

Company share prices are keep on changing according to the market conditions. The current trading price of Tulsyan NEC Ltd (TULSYAN) on 17-Apr-2026 16:59:59 at 16:59 is 38.00.

What is the P/E ratio of Tulsyan NEC?

The latest standalone P/E ratio of Tulsyan NEC as of 17-Apr-2026 is 0.00.

What is the P/B ratio of Tulsyan NEC Ltd (TULSYAN)?

The latest standalone P/B ratio of Tulsyan NEC Ltd (TULSYAN) as of 17-Apr-2026 is 0.27.

What is the 52-week high and low of Tulsyan NEC Ltd (TULSYAN)?

The 52-week high of Tulsyan NEC Ltd (TULSYAN) is Rs. 50.64 and the 52-week low is Rs. 17.10.

Tulsyan NEC Ltd (TULSYAN) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Tulsyan NEC Ltd (TULSYAN)
Brand: Tulsyan NEC

Tulsyan NEC Ltd (TULSYAN) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Tulsyan NEC Ltd (TULSYAN)

BSE: 513629 NSE: TULSYAN

Key Metrics

Market Cap

₹63 Cr.

P/E Ratio

0.00

Price to Book (P/B)

0.27

Price to Sales (P/S)

0.08

EV/EBITDA

18.06

Return on Capital Employed (ROCE)

-1.30%

Current Price

₹38

Return on Equity (ROE)

-22.69%

Return on Assets (ROA)

-9.47%

Operating Profit Margin

1.3%

Net Profit Margin

-9.12%

Gross Profit Margin

-6.3%

Book Value per Share

₹138.7

Sales Growth (YoY)

-16.59%

Sales Growth (3 Years)

1.96%

Operating Profit Growth (1 Year)

NA%

Operating Profit Growth (3 Years)

-8.31%

Net Profit Growth (1 Year)

NA%

52-Week Low / High

₹17 / 51

Net Profit Growth (3 Years)

NAN%

Dividend Yield

0.00%

Promoter Holding

64.20%

Pledged shares (%)
of Promoter's holding (%)

99.63%

Check Before You Invest

Q.1 Revenue growth of Tulsyan NEC Ltd?

Tulsyan NEC Ltd revenue growth is -16.6% for FY-2025 , which is below its 5 year CAGR of 1.6% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Tulsyan NEC Ltd?

Promoters hold 64.20% of the Tulsyan NEC Ltd, with 99.63% of their stake pledged, indicating high pledge risk.

Q.1 Revenue growth of Tulsyan NEC Ltd vs industry peers?

Tulsyan NEC Ltd revenue CAGR is 1.62% , compared to the industry median CAGR of 7.41% , indicating stable growth and maintaining its market share.

Q.1 Which industry/sub-sector does Tulsyan NEC Ltd belong to?

Tulsyan NEC Ltd belongs to the Metals & Mining sector, operating specifically within the Steel & Iron Products segment.

Q.1 Stock return of Tulsyan NEC Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 7.9% based on the current price.

DeciZen - make an informed investing decision on Tulsyan NEC

Based on:

Data

M-Cap below 100cr DeciZen not available

Tulsyan NEC stock performance

Key Ratios

Is Tulsyan NEC Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	6.9%	1%	-1.7%	0.5%	-0.2%	23%	97.4%	26%	-1.3%	-1.3%	-
Value Creation Index ⓘ	-0.5	NA	NA	NA	NA	NA	6.0	0.9	-1.1	-1.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	846	539	710	843	736	567	752	950	956	797	779
Sales YoY Gr.	-	-36.2%	31.7%	18.7%	-12.7%	-23%	32.8%	26.3%	0.6%	-16.6%	-
Adj EPS ⓘ	-19.6	-57	-99.9	-147.8	-150.2	-97.9	151.2	60	-37.3	-45	-52.5
YoY Gr.	-	NA	NA	NA	NA	NA	NA	-60.3%	-162.2%	NA	-
BVPS (₹) ⓘ	58.3	-6.3	-113	-263.6	-417.4	-424.2	112.3	253.6	222	166	138.7
Adj Net Profit ⓘ	-29.3	-85.4	-150	-222	-225	-147	227	100	-62.2	-74.1	-86
Cash Flow from Ops. ⓘ	97.2	18.7	147	75.8	39.2	232	860	336	11.2	35.5	-
Debt/CF from Ops. ⓘ	8.2	58.9	8	17.3	37	6.4	0.7	1.1	28.1	9.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-0.7%	1.6%	2%	-16.6%
Adj EPS ⓘ	NA	NA	-166.8%	NA
BVPSⓘ	12.3%	NA	13.9%	-25.2%
Share Price	7.9%	24.5%	-13.9%	-18.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-27	-199.5	171.8	80.1	45	23.7	-98.8	34.2	-15.8	-23.1	-34.4
Op. Profit Mgn % ⓘ	8.6	6.7	1.8	3.2	3.1	3.6	1.8	1.5	-0.4	1.3	0.2
Net Profit Mgn % ⓘ	-3.5	-15.9	-21.1	-26.3	-30.6	-25.9	30.2	10.5	-6.5	-9.3	-11.1
Debt to Equity ⓘ	8.4	-118.3	-7	-3.4	-2.4	-2.4	3.7	0.9	0.9	1.3	-
Working Cap Days ⓘ	266	329	215	177	189	214	138	98	88	101	41
Cash Conv. Cycle ⓘ	75	146	129	117	129	156	102	56	32	23	-24

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	-52.5	-52.7
TTM Sales (₹ Cr.)	779	857
BVPS (₹) ⓘ	138.7	124.5
Reserves (₹ Cr.) ⓘ	212	188
P/BV ⓘ	0.27	0.31
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	17.10 / 50.64
All Time Low / High (₹)	4.00 / 142.90
Market Cap (₹ Cr.)	62.6
Equity (₹ Cr.)	16.5
Face Value (₹)	10
Industry PE ⓘ	26.8

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

8.47

98.40

99.63

0.00

99.63

* Pledged shares as % of Promoter's holding (%)

Valuation of Tulsyan NEC - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	845.55	539.10	710.01	842.56	735.99	566.51	752.32	950.46	956	797.43
Operating Expenses ⓘ +	773.07	503.56	697.33	818.66	714.65	546.64	739	936.79	959.68	787.16
Manufacturing Costs	77.28	72.96	116.90	135.30	123.94	102.99	121.63	137.92	129.37	139.64
Material Costs	646.74	392.50	515.41	610.06	538.74	392.46	573.76	735.18	786.17	603.33
Employee Cost	28.08	26.46	29.17	30.67	32.44	28.46	31.09	31.85	22.72	22.17
Other Costs ⓘ	20.97	11.64	35.86	42.63	19.54	22.73	12.52	31.83	21.42	22.02
Operating Profit ⓘ	72.48	35.54	12.67	23.90	21.34	19.88	13.31	13.67	-3.69	10.26
Operating Profit Margin (%)	8.6%	6.6%	1.8%	2.8%	2.9%	3.5%	1.8%	1.4%	-0.4%	1.3%
Other Income ⓘ +	4.57	2.12	6.57	8.29	2.22	1.87	1.41	3.79	19.26	3.60
Exceptional Items ⓘ	0	-2.90	-11.46	-2.41	0	196.93	804.38	210.87	0	0
Interest ⓘ	93.24	119.45	139.70	227.56	224.47	203.22	5	11.06	38.97	64.21
Depreciation ⓘ	15.86	24.56	25.63	24.81	25.14	24.68	24.16	25.91	24.88	22.35
Profit Before Tax ⓘ	-32.05	-109.26	-157.54	-222.59	-226.04	-9.22	789.94	191.37	-48.28	-72.70
Tax ⓘ	-3.38	-21.95	0	0	0	0	0	-56.56	1.89	0
Profit After Tax	-28.66	-87.31	-157.54	-222.59	-226.04	-9.22	789.94	247.93	-50.17	-72.70
PAT Margin (%)	-3.4%	-16.2%	-22.2%	-26.4%	-30.7%	-1.6%	105.0%	26.1%	-5.3%	-9.1%
Adjusted EPS (₹)	-19.5	-59.4	-107.0	-151.0	-153.0	-6.3	536.9	149.8	-30.3	-44.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	94.46	-8.79	-165.56	-387.91	-614.17	-624.20	165.17	419.78	367.37	273.28
Share Capital ⓘ	23.54	14.70	14.70	14.71	14.71	14.71	14.71	16.55	16.55	16.46
Reserves ⓘ	70.92	-23.49	-180.26	-402.63	-628.88	-638.92	150.46	403.23	350.82	256.82
Debt +	792.72	941.50	883.04	1,008.21	1,156.24	1,181.64	316.17	306.63	287.54	295.47
Long Term Debt	569.82	501.19	428.52	495.83	619.07	700.80	149.11	240.26	219.04	226.01
Short Term Debt	222.90	440.31	454.52	512.38	537.17	480.84	167.07	66.37	68.50	69.46
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	226.22	70.87	87.32	72.47	78.28	13.40	39.89	88.57	122.56	123.64
Others Liabilities ⓘ	139.64	186.71	354.84	403.62	434.65	385.84	396.05	42.06	4.96	59.83
Total Liabilities ⓘ	1,253.04	1,190.29	1,159.63	1,096.38	1,055.01	956.68	917.29	857.05	782.43	752.21
Fixed Assets
Net Fixed Assets ⓘ +	315.20	737.15	718.04	694.91	673.36	649.51	627.74	564.88	541.51	521.37
Gross Block	432.71	761.45	767.85	769.11	888.55	888.98	890.73	839.65	817.10	813.14
Accumulated Depreciation	117.50	24.30	49.80	74.19	215.18	239.47	262.99	274.77	275.59	291.77
CWIP ⓘ	292.12	0.94	0	0	0	0	0	0	2.37	7.09
Investments ⓘ	7.93	6.50	6.50	6.50	6.50	6.50	6.51	6.51	6.54	6.53
Inventories	131.74	128.48	92.32	97.75	99.44	90.48	78.61	98.37	79.03	69.95
Trade Receivables	321.10	205.06	270.71	245.06	235.15	156.49	146.33	97.42	103.63	94.75
Cash Equivalents	18.07	15.97	8.67	3.46	3.97	9.09	6.79	12.77	1.18	0.32
Others Assets ⓘ	166.88	96.18	63.39	48.71	36.58	44.61	51.30	77.10	48.17	52.20
Total Assets ⓘ	1,253.04	1,190.29	1,159.63	1,096.38	1,055.01	956.68	917.29	857.05	782.43	752.21

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	97.17	18.68	146.56	75.77	39.23	231.91	860.29	336.13	11.18	35.54
PBT ⓘ	-32.05	-109.26	-157.54	-222.59	-226.04	-9.22	789.94	191.37	-48.28	-72.70
Adjustment ⓘ	101.30	137.50	159.62	255.85	248.63	227.17	29.06	35.57	46.69	62
Changes in Working Capital ⓘ	27.92	-9.41	144.68	42.63	16.83	14.08	41.41	107.55	14.18	46.23
Tax Paid ⓘ	0	-0.16	-0.21	-0.12	-0.18	-0.13	-0.13	1.66	-1.42	0
Cash Flow From Investing Activity ⓘ +	-29.34	-13.13	8.27	3.84	-4.32	-2.70	-3.40	0.85	53.57	-8.31
Capex	-30.67	-18.82	-5.62	2.80	-3.57	-0.83	-2.41	-3.78	53.44	-9.52
Net Investments	0	5.16	12.93	0.85	-1	-2	-1	4	0.05	-0.03
Others ⓘ	1.32	0.53	0.96	0.19	0.25	0.13	0	0.63	0.08	1.24
Cash Flow From Financing Activity ⓘ +	-99.81	-3.26	-151.39	-83.97	-35.40	-226.09	-860.18	-327.01	-76.29	-28.12
Net Proceeds from Shares ⓘ	0.43	0.04	0	0.06	0	0	0	6.84	0	0
Net Proceeds from Borrowing ⓘ	-11.98	-83.78	-72.67	67.31	123.24	81.73	-551.69	91.15	-21.22	6.97
Interest Paid ⓘ	-88.26	-109.37	-92.94	-209.19	-183.43	-315.91	-2.77	-72.98	-34.60	-64.15
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	189.86	14.21	57.85	24.80	8.09	-305.73	-352.02	-20.47	29.06
Net Cash Flow ⓘ	-31.98	2.29	3.44	-4.36	-0.49	3.12	-3.30	9.98	-11.55	-0.88

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	-28.73	N/A	N/A	N/A	N/A	N/A	0	84.77	-12.75	-22.69
ROCE (%)	6.89	N/A	N/A	N/A	N/A	N/A	97.4	25.98	-1.28	-1.3
Asset Turnover Ratio	0.69	0.48	0.62	0.75	0.68	0.56	0.8	1.07	1.17	1.04
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	N/A	1.09	1.36	N/A	N/A
Working Capital Days
Receivable Days	143	165	120	112	119	126	73	47	38	45
Inventory Days	55	82	56	41	49	61	41	34	34	34
Payable Days	149	138	56	48	51	43	17	32	49	74

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Tulsyan NEC Ltd FAQs

The current trading price of Tulsyan NEC on 17-Apr-2026 16:59 is ₹38.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of Tulsyan NEC stood at ₹62.55 Cr

The latest P/E ratio of Tulsyan NEC as of 16-Apr-2026 is 0.00.

The latest P/B ratio of Tulsyan NEC as of 16-Apr-2026 is 0.27.

The 52-week high of Tulsyan NEC is ₹50.64 and the 52-week low is ₹17.10.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tulsyan NEC is ₹779 ( Cr.) .

About Tulsyan NEC Ltd

Tulsyan NEC Limited (TULSYAN) was incorporated in 1955, the company earlier known as National Engineering Company. The company office is located at 61, Sembudoss Street, Chennai, Tamil Nadu-600001 .The company is a diversified company with business interests in steel and plastic packaging material. Manufacturing facilities are spread across Goa, Karnataka and Tamil Nadu.

Business Profile:

The company manufactures thermo mechanically treated (TMT) bars, billets and ingots in the steel division and polypropylene woven sacks, flexible intermediate bulk containers and woven fabric in the synthetic division. The steel products are used in the construction sector and the plastic products cater to the packaging needs of the cement, fertilizers, food grains, sugar, and other sectors. It is having a total combined capacity of 84,000 MTPA steel products; 222,000 MTPA MS pipes, billets, rounds, wires and other rolled products; 36,000 MTPA mild steel ingots; and 17,541 MTPA high density polyethylene and polypropylene woven fabric and sacks. The company has enhanced its customer base and caters to the markets in Gujarat, Maharashtra, Tamil Nadu, Andhra Pradesh, Goa, Kerala and Karnataka

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

Build a Stress-Tested Portfolio.

Our Sapphire Advisory uses the ABC Concept to ensure you never have to panic during a market correction.

Core Stocks

STABILITY

Booster Stocks

GROWTH

Amplifier Stocks

ASYMMETRY

● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Tulsyan NEC Ltd (TULSYAN) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Tulsyan NEC Share Price