Tulsyan NEC quarterly results and financials

Tulsyan NEC (BSE 513629)₹32.96+6.67%(9 Nov 2026 close)Iron & Steel Products

Key facts

In the Jun 2026 quarter (standalone), Tulsyan NEC reported sales of ₹139 Cr, down 40.4% from Jun 2025, and net profit of −₹30.98 Cr. For the year to Mar 2026, sales were ₹730 Cr and net profit −₹63.98 Cr.

Sales (Jun 2026): ₹139 Cr
Net profit (Jun 2026): −₹30.98 Cr
Sales (FY Mar 2026): ₹730 Cr
Net profit (FY Mar 2026): −₹63.98 Cr
EPS (Jun 2026): ₹−18.70
Borrowings (Mar 2026): ₹386 Cr

Company filings, standalone accounts; latest reported quarter Jun 2026

Tulsyan NEC quarterly results

₹ crore unless stated; each column is a quarter.

Tulsyan NEC Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	237	246	228	261	181	160	196	233	215	136	145	139
Expenses	237	248	232	247	171	173	196	222	213	147	150	145
Operating Profit	0.00	−2.01	−5.01	14.01	9.01	−13.01	0.00	11.01	1.99	−11.01	−4.99	−5.99
OPM %	−0.1%	−0.7%	−2.0%	5.0%	5.0%	−8.0%	0.0%	4.7%	0.8%	−8.0%	−3.1%	−4.2%
Other Income	15.01	1.99	0.00	0.99	1.01	0.00	1.01	0.00	15.01	6.01	10.01	0.00
Interest	10.01	8.99	9.99	8.99	7.99	8.01	38.03	16.01	17.01	17.01	20.01	20.01
Depreciation	5.97	5.97	6.98	5.98	5.98	5.98	3.99	5.98	5.98	5.97	4.98	4.98
Profit before tax	−0.99	−14.01	−20.99	0.00	−4.99	−27.01	−41.01	−10.99	−5.99	−28.01	−19.01	−30.99
Tax %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net Profit	−0.99	−13.99	−20.97	0.00	−4.99	−26.98	−40.95	−10.99	−5.99	−27.97	−18.99	−30.98
EPS (Rs)	−0.33	−8.62	−12.43	0.22	−2.85	−16.10	−24.83	−6.59	−3.59	−17.00	−11.83	−18.70

Tulsyan NEC profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Tulsyan NEC Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	846	539	711	843	736	568	752	951	956	798	730	635
Expenses	773	504	696	817	714	546	739	936	959	787	733	656
Operating Profit	73.97	36.99	15.01	26.02	22.99	22.02	14.99	15.01	−2.01	10.01	−2.99	−20.00
OPM %	9.0%	7.0%	2.1%	3.0%	3.1%	3.8%	1.9%	1.6%	−0.2%	1.3%	−0.4%	−3.2%
Other Income	3.01	−2.01	−7.01	4.01	1.01	197	804	213	17.99	3.01	31.03	31.03
Interest	93.06	119	140	228	224	203	5.01	10.99	38.98	64.04	71.05	74.04
Depreciation	15.94	24.92	25.92	24.92	24.92	24.91	23.92	25.89	24.92	21.93	21.92	21.91
Profit before tax	−32.01	−109	−158	−223	−226	−8.99	790	191	−47.97	−73.01	−64.04	−84.00
Tax %	−11.1%	−20.1%	0.0%	0.0%	0.0%	0.0%	0.0%	−30.1%	4.0%	0.0%	0.0%	—
Exceptional items	1.01	−2.01	−9.02	2.01	0.00	197	806	212	0.00	0.00	0.00	—
Net Profit	−28.96	−86.90	−158	−223	−226	−8.99	789	248	−49.92	−72.91	−63.98	−83.93
EPS (Rs)	−19.07	−58.13	−104.88	−148.12	−150.44	−6.14	525.78	148.50	−30.05	−43.57	−39.11	−51.12
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Tulsyan NEC balance sheet

₹ crore, at each year end.

Tulsyan NEC Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	15.06	15.07	15.07	15.07	15.06	15.06	15.06	15.06	17.07	17.07	16.07	16.07
Reserves	99.13	71.10	−22.91	−179	−402	−627	−637	150	404	352	258	192
Borrowings	775	803	1,103	1,169	1,315	1,451	1,474	618	357	315	352	386
Other Liabilities	451	368	99.47	159	172	219	107	136	139	159	187	196
Total Liabilities	1,341	1,256	1,194	1,164	1,099	1,057	960	919	916	843	812	791
Fixed Assets	322	316	740	721	698	675	652	630	567	544	523	504
CWIP	270	292	1.01	0.00	0.00	0.00	0.00	0.00	0.00	2.01	7.01	0.00
Investments	8.01	8.01	6.01	6.01	6.01	6.01	6.01	7.01	7.01	7.01	7.01	7.01
Other Assets	740	639	447	436	395	376	302	284	343	290	275	280
Inventories	139	132	128	92.32	98.29	99.24	90.20	79.20	98.26	79.15	70.20	58.12
Trade receivables	383	320	205	270	245	234	156	146	96.83	104	94.82	92.85
Cash & equivalents	49.85	17.96	15.96	8.98	2.99	3.99	8.97	6.98	12.96	0.99	0.00	0.99
Total Assets	1,341	1,256	1,194	1,164	1,099	1,057	960	919	916	843	812	791

Tulsyan NEC cash flow

₹ crore, for each year.

Tulsyan NEC Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−196	97.28	19.06	147	76.20	39.13	233	862	337	11.03	36.12	−1.01
Cash from investing activity	−38.15	−29.11	−13.05	8.02	4.01	−4.01	−3.01	−3.01	1.01	54.19	−8.02	39.11
Cash from financing activity	261	−99.87	−2.99	−151	−83.83	−34.94	−226	−858	−326	−75.90	−27.96	−36.93
Net cash flow	28.96	−31.97	1.99	2.99	−3.99	0.00	2.99	−2.99	9.99	−11.99	−0.99	0.99
Capex	54.30	33.19	18.98	5.69	1.81	3.64	0.89	2.50	4.05	4.06	12.26	9.34
Free cash flow	−241	66.28	0.00	142	79.30	36.11	232	861	333	65.24	26.11	37.12
CFO / OP %	−474.0%	132.0%	52.0%	983.0%	296.0%	172.0%	1,074.0%	5,864.9%	2,185.0%	−646.0%	338.0%	33.0%

Tulsyan NEC ratios

Working-capital days and returns, by year.

Tulsyan NEC Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	114	139	139	139	106	117	101	71	37	40	43	46
Inventory days	45	71	111	61	55	63	84	49	48	36	41	35
Days payable	101	125	63	60	42	51	14	26	45	58	76	76
Cash conversion cycle	59	86	188	142	120	129	172	95	41	18	10	7
Working capital days	57	68	−179	−239	−254	−330	−369	−150	16	−10	−45	−25
ROCE %	4.0%	7.0%	1.0%	−1.0%	0.0%	0.0%	0.0%	−1.0%	−1.0%	−1.0%	−1.0%	1.0%

Tulsyan NEC: frequently asked questions

What are the latest quarterly results of Tulsyan NEC?

For the Jun 2026 quarter, Tulsyan NEC reported sales of ₹139 Cr, down 40.4% year on year and net profit of −₹30.98 Cr. The operating margin was −4.2%.

What is the annual revenue of Tulsyan NEC?

Tulsyan NEC's sales for the year to Mar 2026 were ₹730 Cr; over the last twelve months they were ₹635 Cr.

What is the net profit of Tulsyan NEC?

Net profit for the year to Mar 2026 was −₹63.98 Cr, and −₹83.93 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−51.12.

How much debt does Tulsyan NEC have?

Tulsyan NEC reported borrowings of ₹386 Cr at Mar 2026, against cash and equivalents of ₹0.99 Cr.

What is the free cash flow of Tulsyan NEC?

Cash from operations was −₹1.01 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹37.12 Cr.

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