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₹31.24

▲ +1.48 +4.97%

29 Jul 2026

BSE Listed · Steel

ENCUMBRANCE
What does ENCUMBRANCE mean?
BSE · High Promoter / Non-promoter EncumbranceA large share of the stock is pledged as loan collateral. Practical meaning: a falling price can trigger lenders to invoke pledges and dump shares — a self-reinforcing crash risk — and promoter pledging signals owner-level balance-sheet stress beyond the company's own books.Criteria: High level of encumbered (pledged) shares held by promoter and non-promoter entities, flagged under SEBI (Substantial Acquisition of Shares & Takeovers) Regulation 28(3).Exchange notice · 2026-07-14

Tulsyan NEC Ltd. (513629)

Volume: 20,716Avg Vol 1W: 4,239Avg Vol 1M: 3,58052W Range:₹17.1₹49.35
BSE www.tulsyannec.co.in AI Report
Key Ratios
Checked just now
Market Cap₹51 Cr
Current Price₹31.24
Previous Close₹29.76
High / Low (52w)₹49.35 / ₹17.1
Volume20,716
Avg Vol (1W)4,239
Avg Vol (1M)3,580
Stock P/E-0.74
Book Value₹112.71
Dividend Yield0%
ROE-34.67%
ROA-7.99%
Revenue (TTM)—
Revenue Growth—
Profit Margin-7.97%
Total Debt—
Shares Outstanding2 Cr
Face Value₹10
EPS (TTM)₹0
P/B0.28
Debt / Equity1.13
50 DMA₹31.06
200 DMA₹33.38
Day change+4.97%
SurveillanceENCUMBRANCE
Price Chart
₹31.24▼ 10.79% · 1Y
₹58₹1843K
2025-07-29
2026-07-29

20-day avg volume: 4K shares

Pros
  • Company is almost debt-free.
  • Stock trades below its book value.
Cons
  • Company is loss-making at the latest annual result.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹275 Cr₹199 Cr₹180 Cr₹214 Cr₹257 Cr₹229 Cr₹156 Cr₹165 Cr
EBITDA₹10 Cr₹5 Cr₹-18 Cr₹-3 Cr₹7 Cr₹12 Cr₹-11 Cr₹2 Cr
Net Profit₹1 Cr₹-4 Cr₹-27 Cr₹-42 Cr₹-10 Cr₹-6 Cr₹-29 Cr₹-19 Cr
EPS————————
Profit & Loss (Annual)
MetricSept 2024Dec 2024Mar 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹181 Cr₹160 Cr₹196 Cr₹872 Cr₹233 Cr₹215 Cr₹136 Cr₹145 Cr
EBITDA₹4 Cr₹-19 Cr₹-3 Cr₹-6 Cr₹5 Cr₹11 Cr₹-11 Cr₹1 Cr
Net Profit₹-5 Cr₹-27 Cr₹-41 Cr₹-73 Cr₹-11 Cr₹-6 Cr₹-28 Cr₹-19 Cr
EPS———-44.08————
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹1,170 Cr₹1,105 Cr₹1,061 Cr₹974 Cr₹935 Cr₹933 Cr₹856 Cr₹827 Cr
Total Liabilities₹1,367 Cr₹1,522 Cr₹1,695 Cr₹1,620 Cr₹791 Cr₹538 Cr₹512 Cr₹577 Cr
Equity₹-197 Cr₹-416 Cr₹-634 Cr₹-647 Cr₹144 Cr₹395 Cr₹344 Cr₹250 Cr
Total Debt————————
Cash Flow
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹149 Cr₹109 Cr₹42 Cr₹235 Cr₹864 Cr₹339 Cr₹17 Cr₹39 Cr
Investing₹8 Cr₹5 Cr₹-4 Cr₹-3 Cr₹-5 Cr₹0 Cr₹53 Cr₹-10 Cr
Financing₹-209 Cr₹-118 Cr₹-37 Cr₹-229 Cr₹-862 Cr₹-330 Cr₹-80 Cr₹-30 Cr
Free Cash Flow₹149 Cr₹109 Cr₹42 Cr₹235 Cr₹864 Cr₹339 Cr₹17 Cr₹39 Cr
Shareholding
Promoter 64.2% Institutions 10.12% Public 25.68%
Efficiency & Working Capital
ROCE1.5%
Interest Coverage-0.1
Dividend Payout—
Debtor Days41 d
Inventory Days31 d
Payable Days59 d
Cash Conversion Cycle13 d
Working Capital Days72 d
Shareholding Details

As of 2026-06-30

Promoter64.2%
FII0%
DII10.1%
Institutions10.1%
Public25.7%
Promoter Pledge99.6%
No. of Shareholders4,396
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodMar 2024Jun 2024Aug 2024Aug 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters70.4%70.4%63.4%63.4%63.4%63.4%63.4%63.4%64.2%64.2%64.2%64.2%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%10%10%10%10%10%10%10.1%10.1%10.1%10.1%
Public29.6%29.6%26.6%26.6%26.6%26.6%26.6%26.6%25.7%25.7%25.7%25.7%
Promoter Pledge8.5%8.5%59.9%59.9%98.4%99.6%99.6%99.6%99.6%99.6%99.6%99.6%
No. of Shareholders4,5214,6744,5704,5704,5424,5864,5994,5514,5054,4904,4514,396
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Sanjay TulsyanShareholding of Promoter and Promoter Group27.2%44,75,481
Lalit Kumar TulsyanShareholding of Promoter and Promoter Group25%41,19,091
India Special Assets Fund Iii (a Scheme Of Isaf Iii)Public Shareholding7%11,50,000
Priya TulsyanShareholding of Promoter and Promoter Group5.8%9,54,982
Alka TulsyanShareholding of Promoter and Promoter Group4.6%7,51,130
Isaf Iii Onshore Fund (a Scheme Of Edelweiss Credit Opportunities Trust)Public Shareholding3.1%5,16,666
G B R Metals Private LimitedPublic Shareholding1%1,67,725
Priyanka SharmaShareholding of Promoter and Promoter Group0.9%1,44,068
Prerna TulsyanShareholding of Promoter and Promoter Group0.4%65,036
Antara TulsyanShareholding of Promoter and Promoter Group0.4%57,627
Lalit Kumar Tulsyan HufShareholding of Promoter and Promoter Group0%0
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Sanjay Tulsyan44,75,481100%2026-06-30
Lalit Kumar Tulsyan40,79,59199%2026-06-30
Priya Tulsyan9,54,982100%2026-06-30
Alka Tulsyan7,51,130100%2026-06-30
Priyanka Sharma1,44,068100%2026-06-30
Prerna Tulsyan65,036100%2026-06-30
Antara Tulsyan57,627100%2026-06-30
Board of Directors
NameDesignationYear
Lalit Kumar TulsyanChairman / Executive Director / M D / Promoter2025
Sanjay TulsyanED / MD / Promoter2025
SANJAY AGARWALLAE D & Wholetime Director2025
S ChandrasekaranE D & Wholetime Director2025
Manogyanathan ParthasarathyIndependent Non Exe. Director2025
Somasundaram Ponsing Mohan RamIndependent Non Exe. Director2025
Ravi MuthusamyIndependent Non Exe. Director2025
J SumathiIndependent Non Exe. Director2025
Parvati SoniCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
Steel₹632 Cr79.3%
Synthetic₹35 Cr4.4%
Power₹130 Cr16.3%
Segments — Geography
RegionRevenueShare
India₹773 Cr97%
Outside India₹24 Cr3%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10261716
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202529004231264
2025290041649
20250000215215
Insider / Designated-Person Trades

2 recent disclosure(s)

LALIT KUMAR TULSYAN HUFDisposal · 72,446
LALIT KUMAR TULSYANAcquisition · 72,446
Substantial Acquisitions (SAST)

4 disclosure(s)

Pledge28/08/2024 · —
Pledge23/08/2024 · —
Pledge19/08/2024 · —
Pledge19/10/2023 · —
Company Information
Incorporated1947
ChairmanLalit Kumar Tulsyan
AuditorCNGSN & Associates LLP
Investor Email[email protected]
🌐 www.tulsyannec.co.in ↗

📍 1st Floor Apex Plaza Old No 3, New No 77 Nungambakkam High Rd, Chennai, Tamil Nadu, 600034

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