Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Woman Director Jagannathan Sumathi was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 01
Full year 2026 earnings released: ₹39.08 loss per share (vs ₹44.08 loss in FY 2025) Full year 2026 results: ₹39.08 loss per share (improved from ₹44.08 loss in FY 2025). Revenue: ₹8.40b (down 3.3% from FY 2025). Net loss: ₹643.3m (loss narrowed 11% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. 공고 • May 22
Tulsyan NEC Limited to Report Q4, 2026 Results on May 30, 2026 Tulsyan NEC Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 Reported Earnings • Feb 16
Third quarter 2026 earnings released: ₹17.39 loss per share (vs ₹16.29 loss in 3Q 2025) Third quarter 2026 results: ₹17.39 loss per share (further deteriorated from ₹16.29 loss in 3Q 2025). Revenue: ₹1.62b (down 10% from 3Q 2025). Net loss: ₹286.3m (loss widened 6.2% from 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 138 percentage points per year, which is a significant difference in performance. 공고 • Feb 03
Tulsyan NEC Limited to Report Q3, 2026 Results on Feb 13, 2026 Tulsyan NEC Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: ₹3.70 loss per share (vs ₹2.63 loss in 2Q 2025) Second quarter 2026 results: ₹3.70 loss per share (further deteriorated from ₹2.63 loss in 2Q 2025). Revenue: ₹2.45b (up 23% from 2Q 2025). Net loss: ₹60.9m (loss widened 40% from 2Q 2025). 공고 • Nov 04
Tulsyan NEC Limited to Report Q2, 2026 Results on Nov 12, 2025 Tulsyan NEC Limited announced that they will report Q2, 2026 results on Nov 12, 2025 New Risk • Sep 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (₹559.7m market cap, or US$6.35m). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Reported Earnings • Aug 15
First quarter 2026 earnings released: ₹6.23 loss per share (vs ₹0.35 profit in 1Q 2025) First quarter 2026 results: ₹6.23 loss per share (down from ₹0.35 profit in 1Q 2025). Revenue: ₹2.57b (down 6.5% from 1Q 2025). Net loss: ₹102.5m (down ₹108.3m from profit in 1Q 2025). 공고 • Aug 14
Tulsyan NEC Limited, Annual General Meeting, Sep 17, 2025 Tulsyan NEC Limited, Annual General Meeting, Sep 17, 2025. 공고 • Aug 07
Tulsyan NEC Limited to Report Q1, 2026 Results on Aug 13, 2025 Tulsyan NEC Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: ₹44.08 loss per share (vs ₹29.67 loss in FY 2024) Full year 2025 results: ₹44.08 loss per share (further deteriorated from ₹29.67 loss in FY 2024). Revenue: ₹8.72b (down 11% from FY 2024). Net loss: ₹725.6m (loss widened 48% from FY 2024). 공고 • May 23
Tulsyan NEC Limited to Report Q4, 2025 Results on May 30, 2025 Tulsyan NEC Limited announced that they will report Q4, 2025 results on May 30, 2025 New Risk • Mar 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.5% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Market cap is less than US$10m (₹689.5m market cap, or US$8.06m). New Risk • Feb 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹860.7m (US$9.90m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.5% operating cash flow to total debt). Market cap is less than US$10m (₹860.7m market cap, or US$9.90m). Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change). Reported Earnings • Feb 15
Third quarter 2025 earnings released: ₹16.29 loss per share (vs ₹8.73 loss in 3Q 2024) Third quarter 2025 results: ₹16.29 loss per share (further deteriorated from ₹8.73 loss in 3Q 2024). Revenue: ₹1.80b (down 29% from 3Q 2024). Net loss: ₹269.6m (loss widened 87% from 3Q 2024). 공고 • Feb 01
Tulsyan NEC Limited to Report Q3, 2025 Results on Feb 13, 2025 Tulsyan NEC Limited announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Jan 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (1.5% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹1.13b market cap, or US$13.0m). New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (₹1.22b market cap, or US$14.2m). Reported Earnings • Oct 26
Second quarter 2025 earnings released: ₹2.63 loss per share (vs ₹0.43 loss in 2Q 2024) Second quarter 2025 results: ₹2.63 loss per share (further deteriorated from ₹0.43 loss in 2Q 2024). Revenue: ₹1.99b (down 19% from 2Q 2024). Net loss: ₹43.5m (loss widened ₹36.3m from 2Q 2024). 공고 • Oct 17
Tulsyan NEC Limited to Report Q2, 2025 Results on Oct 25, 2024 Tulsyan NEC Limited announced that they will report Q2, 2025 results on Oct 25, 2024 공고 • Sep 27
Tulsyan NEC Limited Announces Cessation of Antonisamy Axilium Jayamary as Independent Director Tulsyan NEC Limited informed that tenure of second term of Mrs. Antonisamy Axilium Jayamary (DIN: 07410090) as an Independent (Non-Executive) Woman Director of the Company has come to an end from the closing business hours of September 26, 2024 and consequently, ceased to be the Independent Director of the Company with effect from end of the day on September 26, 2024. In view of the above completion of tenure of Mrs. Antonisamy Axilium Jayamary, the Board approved reconstitution of the following committees with effect from September 27, 2024: Audit Committee - Stakeholders' Relationship Committee - Nomination & Remuneration Committee - Corporate Social Responsibility Committee. Reported Earnings • Jul 27
First quarter 2025 earnings released: EPS: ₹0.35 (vs ₹8.49 loss in 1Q 2024) First quarter 2025 results: EPS: ₹0.35 (up from ₹8.49 loss in 1Q 2024). Revenue: ₹2.77b (up 17% from 1Q 2024). Net income: ₹5.81m (up ₹146.3m from 1Q 2024). Profit margin: 0.2% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. 공고 • Jul 26
Tulsyan NEC Limited, Annual General Meeting, Sep 25, 2024 Tulsyan NEC Limited, Annual General Meeting, Sep 25, 2024. 공고 • Jul 18
Tulsyan NEC Limited to Report Q1, 2025 Results on Jul 26, 2024 Tulsyan NEC Limited announced that they will report Q1, 2025 results on Jul 26, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released Full year 2024 results: Revenue: ₹9.95b (down 2.6% from FY 2023). Net loss: ₹491.1m (down 120% from profit in FY 2023). 공고 • May 25
Tulsyan NEC Limited to Report Q4, 2024 Results on May 30, 2024 Tulsyan NEC Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹86.15, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 65% over the past year. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹97.99, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 76% over the past year. Reported Earnings • Feb 11
Third quarter 2024 earnings released: ₹8.73 loss per share (vs ₹130 profit in 3Q 2023) Third quarter 2024 results: ₹8.73 loss per share (down from ₹130 profit in 3Q 2023). Revenue: ₹2.55b (up 14% from 3Q 2023). Net loss: ₹144.6m (down 108% from profit in 3Q 2023). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹112, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 24x in the Metals and Mining industry in India. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹111, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 21x in the Metals and Mining industry in India. Reported Earnings • Nov 15
Second quarter 2024 earnings released: ₹0.43 loss per share (vs ₹147 profit in 2Q 2023) Second quarter 2024 results: ₹0.43 loss per share (down from ₹147 profit in 2Q 2023). Revenue: ₹2.62b (up 3.9% from 2Q 2023). Net loss: ₹7.12m (down 100% from profit in 2Q 2023). New Risk • Nov 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (90% net debt to equity). Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (₹1.64b market cap, or US$19.7m). 공고 • Aug 13
Tulsyan NEC Limited, Annual General Meeting, Sep 15, 2023 Tulsyan NEC Limited, Annual General Meeting, Sep 15, 2023. Reported Earnings • Aug 13
First quarter 2024 earnings released: ₹8.49 loss per share (vs ₹5.59 profit in 1Q 2023) First quarter 2024 results: ₹8.49 loss per share (down from ₹5.59 profit in 1Q 2023). Revenue: ₹2.36b (down 25% from 1Q 2023). Net loss: ₹140.5m (down 271% from profit in 1Q 2023). 공고 • Aug 07
Tulsyan NEC Limited to Report Q1, 2024 Results on Aug 12, 2023 Tulsyan NEC Limited announced that they will report Q1, 2024 results on Aug 12, 2023 New Risk • Jun 23
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 13% Last year net profit margin: 93% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Minor Risks High level of debt (92% net debt to equity). Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (13% net profit margin). Market cap is less than US$100m (₹1.58b market cap, or US$19.3m). Reported Earnings • Jun 22
Full year 2023 earnings released: EPS: ₹78.85 (vs ₹537 in FY 2022) Full year 2023 results: EPS: ₹78.85 (down from ₹537 in FY 2022). Revenue: ₹10.2b (up 21% from FY 2022). Net income: ₹1.31b (down 84% from FY 2022). Profit margin: 13% (down from 93% in FY 2022). 공고 • Jun 15
Tulsyan NEC Limited to Report Q4, 2023 Results on Jun 21, 2023 Tulsyan NEC Limited announced that they will report Q4, 2023 results on Jun 21, 2023 공고 • May 25
Tulsyan NEC Limited to Report Q4, 2023 Results on May 30, 2023 Tulsyan NEC Limited announced that they will report Q4, 2023 results on May 30, 2023 Reported Earnings • Feb 26
Third quarter 2023 earnings released: EPS: ₹130 (vs ₹14.85 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹130 (up from ₹14.85 loss in 3Q 2022). Revenue: ₹2.23b (up 21% from 3Q 2022). Net income: ₹1.92b (up ₹2.14b from 3Q 2022). Profit margin: 86% (up from net loss in 3Q 2022).