About
Tulsyan NEC Limited, together with its subsidiaries, manufactures and sells steel products in India and internationally. It operates in three segments: Steel Division, Synthetic Division, and Power. The company offers thermo mechanically treated (TMT) bars, wire rod, weld mesh, blooms, and sponge irons; synthetic woven fabrics; and polypropylene woven sacks and flexible intermediate bulk containers. It also generates electricity through 70 MW thermal power plants and 4 MW windmills. The company exports its products. The company was incorporated in 1947 and is based in Chennai, India.
Key Metrics
as of Sep 2026Market Cap45 Cr
P/E—
Div Yield0.00 %
Book Value₹113.00
52w High₹49.40
52w Low₹17.10
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 147.00 | 165.00 | 156.00 | 229.00 | 257.00 | 214.00 | 180.00 | 199.00 | 275.00 | 242.00 | 253.00 | 247.00 | 236.00 |
| Expenses | 153.00 | 169.00 | 167.00 | 227.00 | 245.00 | 213.00 | 192.00 | 189.00 | 260.00 | 245.00 | 254.00 | 247.00 | 230.00 |
| Operating Profit | -6.00 | -4.00 | -11.00 | 2.00 | 13.00 | 1.00 | -12.00 | 10.00 | 15.00 | -3.00 | -1.00 | 0.00 | 6.00 |
| OPM % | -4.30 | -2.60 | -7.00 | 1.00 | 4.90 | 0.30 | -7.00 | 5.00 | 6.00 | -1.40 | -0.40 | 0.10 | 2.50 |
| Other Income | 11.00 | 11.00 | 6.00 | 15.00 | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 | 0.00 | 2.00 | 15.00 | 0.00 |
| Depreciation | 6.00 | 5.00 | 6.00 | 6.00 | 6.00 | 5.00 | 6.00 | 6.00 | 6.00 | 7.00 | 6.00 | 6.00 | 7.00 |
| Interest | 20.00 | 21.00 | 17.00 | 18.00 | 17.00 | 39.00 | 9.00 | 9.00 | 10.00 | 10.00 | 10.00 | 10.00 | 11.00 |
| Profit before tax | -21.00 | -19.00 | -29.00 | -6.00 | -10.00 | -42.00 | -27.00 | -4.00 | 1.00 | -20.00 | -14.00 | -1.00 | -12.00 |
| Tax % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -2.00 | 0.00 | 0.00 | 16.00 |
| Net Profit | -21.00 | -19.00 | -29.00 | -6.00 | -10.00 | -42.00 | -27.00 | -4.00 | 1.00 | -20.00 | -14.00 | -1.00 | -14.00 |
| EPS in Rs | -13.01 | -11.76 | -17.39 | -3.70 | -6.15 | -25.10 | -16.18 | -2.61 | 0.35 | -11.94 | -8.68 | -0.43 | -8.43 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 808.00 | 868.00 | 977.00 | 1,022.00 | 850.00 | 620.00 | 750.00 | 837.00 | 705.00 | 534.00 | 919.00 | 1,293.00 |
| Expenses | 808.00 | 854.00 | 975.00 | 1,005.00 | 831.00 | 594.00 | 719.00 | 803.00 | 692.00 | 501.00 | 851.00 | 1,258.00 |
| Operating Profit | 0.00 | 14.00 | 2.00 | 17.00 | 19.00 | 26.00 | 32.00 | 34.00 | 13.00 | 33.00 | 68.00 | 35.00 |
| OPM % | 0.00 | 1.60 | 0.20 | 1.60 | 2.20 | 4.20 | 4.20 | 4.10 | 1.80 | 6.00 | 7.00 | 2.70 |
| Other Income | 32.00 | 3.00 | 18.00 | 213.00 | 804.00 | 197.00 | 1.00 | 4.00 | -7.00 | -2.00 | 4.00 | 4.00 |
| Interest | 74.00 | 67.00 | 42.00 | 14.00 | 7.00 | 206.00 | 227.00 | 230.00 | 142.00 | 122.00 | 96.00 | 78.00 |
| Depreciation | 22.00 | 23.00 | 25.00 | 26.00 | 25.00 | 25.00 | 26.00 | 25.00 | 26.00 | 25.00 | 17.00 | 19.00 |
| Profit before tax | -64.00 | -73.00 | -48.00 | 189.00 | 791.00 | -8.00 | -220.00 | -217.00 | -163.00 | -116.00 | -42.00 | -58.00 |
| Tax % | 0.00 | 0.00 | 3.00 | -30.00 | 0.00 | 40.00 | -1.00 | 1.00 | -1.00 | -19.00 | -15.00 | -27.00 |
| Net Profit | -64.00 | -73.00 | -49.00 | 246.00 | 791.00 | -12.00 | -219.00 | -219.00 | -161.00 | -94.00 | -36.00 | -43.00 |
| EPS in Rs | -39.08 | -43.54 | -29.47 | 147.45 | 527.25 | -7.71 | -146.14 | -146.30 | -107.41 | -62.77 | -23.67 | -28.52 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16.00 | 16.00 | 17.00 | 17.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 |
| Reserves | 169.00 | 233.00 | 327.00 | 379.00 | 129.00 | -661.00 | -649.00 | -431.00 | -212.00 | -52.00 | 50.00 | 85.00 |
| Borrowings | 406.00 | 372.00 | 335.00 | 377.00 | 638.00 | 1,559.00 | 1,472.00 | 1,334.00 | 1,190.00 | 1,125.00 | 822.00 | 795.00 |
| Other Liabilities | 214.00 | 229.00 | 177.00 | 161.00 | 160.00 | 69.00 | 235.00 | 188.00 | 189.00 | 131.00 | 389.00 | 476.00 |
| Total Liabilities | 806.00 | 851.00 | 856.00 | 933.00 | 942.00 | 982.00 | 1,072.00 | 1,105.00 | 1,181.00 | 1,220.00 | 1,275.00 | 1,371.00 |
| Fixed Assets | 509.00 | 529.00 | 550.00 | 573.00 | 635.00 | 656.00 | 680.00 | 702.00 | 726.00 | 745.00 | 325.00 | 332.00 |
| CWIP | 0.00 | 7.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 292.00 | 270.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 296.00 | 314.00 | 304.00 | 360.00 | 307.00 | 325.00 | 392.00 | 403.00 | 455.00 | 473.00 | 658.00 | 770.00 |
| Total Assets | 806.00 | 851.00 | 856.00 | 933.00 | 942.00 | 982.00 | 1,072.00 | 1,105.00 | 1,181.00 | 1,220.00 | 1,275.00 | 1,371.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 3.00 | 39.00 | 15.00 | 340.00 | 864.00 | 235.00 | 41.00 | 109.00 | 149.00 | 9.00 | 112.00 | -201.00 |
| Cash from Investing Activity | 38.00 | -10.00 | 53.00 | 0.00 | -5.00 | -3.00 | -4.00 | 5.00 | 8.00 | -13.00 | -29.00 | -37.00 |
| Cash from Financing Activity | -40.00 | -30.00 | -80.00 | -330.00 | -862.00 | -229.00 | -37.00 | -118.00 | -209.00 | 6.00 | -115.00 | 267.00 |
| Net Cash Flow | 1.00 | -1.00 | -12.00 | 10.00 | -3.00 | 3.00 | 0.00 | -4.00 | -51.00 | 2.00 | -31.00 | 28.00 |
| Free Cash Flow | 40.00 | 28.00 | 68.00 | 336.00 | 860.00 | 234.00 | 38.00 | 112.00 | 144.00 | -10.00 | 82.00 | -245.00 |
| CFO/OP % | -853.00 | 280.00 | 869.00 | 2,041.00 | 4,641.00 | 913.00 | 132.00 | 319.00 | 1,170.00 | 27.00 | 167.00 | -575.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 44.00 | 43.00 | 40.00 | 37.00 | 67.00 | 99.00 | 115.00 | 107.00 | 141.00 | 141.00 | 131.00 | 111.00 |
| Inventory Days | 35.00 | 41.00 | 37.00 | 47.00 | 46.00 | 74.00 | 64.00 | 58.00 | 65.00 | 122.00 | 69.00 | 47.00 |
| Days Payable | 81.00 | 90.00 | 57.00 | 41.00 | 35.00 | 30.00 | 59.00 | 56.00 | 79.00 | 90.00 | 115.00 | 101.00 |
| Cash Conversion Cycle | -1.00 | -6.00 | 20.00 | 42.00 | 78.00 | 143.00 | 119.00 | 110.00 | 128.00 | 173.00 | 85.00 | 58.00 |
| Working Capital Days | -38.00 | -56.00 | -23.00 | 2.00 | -147.00 | -358.00 | -341.00 | -275.00 | -263.00 | -206.00 | 49.00 | 52.00 |
| ROCE % | -3.00 | -1.00 | -3.00 | -1.00 | -1.00 | 0.00 | 1.00 | 1.00 | -1.00 | 1.00 | 6.00 | 3.00 |
Corporate Actions
13 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 18 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 12 Sep 2013 | — | — | — | Annual General Meeting |
| Dividend | 20 Sep 2012 | — | — | 1.50 | |
| Other | 20 Sep 2012 | — | — | — | Annual General Meeting / Div. Of Rs. 1.50/- Per Equity Share Of Rs. 10/- Each. |
| Dividend | 05 Sep 2011 | — | — | 1.00 | |
| Other | 05 Sep 2011 | — | — | — | Annual General Meeting/Fin.Div.Re.1/-Per Share |
| Rights | 10 Mar 2011 | 12 Mar 2011 | 2:1 | — | |
| Other | 10 Mar 2011 | 12 Mar 2011 | — | — | Right Issue of Equity Shares |
| Dividend | 07 Feb 2011 | 08 Feb 2011 | — | 1.00 | |
| Dividend | 07 Jun 2010 | — | — | 2.00 | |
| Dividend | 07 Sep 2009 | — | — | 2.00 | |
| Dividend | 28 Aug 2008 | — | — | 2.00 | |
| Dividend | 11 Oct 2001 | — | — | 0.60 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update28 Mar 2024 from care
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Rating update22 Mar 2024 from smera
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Rating update20 Dec 2023 from care
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Rating update23 Mar 2023 from smera
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Rating update14 Oct 2022 from care
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Rating update23 Jul 2021 from care