Price
Financials
Standalone, Rs crore| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13.51 | 24.71 | 9.80 | 14.04 | 9.80 | 13.86 | 3.33 | 11.89 | 8.99 | 10.43 | 6.67 | 9.05 |
| Expenses | 11.80 | 23.73 | 7.82 | 15.10 | 7.82 | 14.54 | 5.12 | 12.44 | 1.58 | 13.18 | 10.80 | 10.00 |
| Operating Profit | 1.71 | 0.98 | 1.98 | -1.06 | 1.98 | -0.68 | -1.79 | -0.55 | 7.41 | -2.75 | -4.13 | -0.95 |
| OPM % | 12.66% | 3.97% | 20.20% | -7.55% | 20.20% | -4.91% | -53.75% | -4.63% | 82.42% | -26.37% | -61.92% | -10.50% |
| Other Income | 0.00 | 0.00 | 0.03 | 0.11 | 0.03 | 0.01 | 0.01 | 0.04 | 0.12 | 0.12 | -0.02 | 0.00 |
| Interest | 0.01 | 0.00 | 0.58 | 0.00 | 0.58 | 0.11 | 0.37 | 1.48 | 0.69 | 0.29 | 0.27 | 0.30 |
| Depreciation | 7.77 | 1.22 | 1.22 | 1.19 | 1.22 | 1.22 | 1.24 | 1.24 | 4.35 | 2.02 | 2.02 | 2.02 |
| Profit before tax | -6.07 | -0.24 | 0.21 | -2.14 | 0.21 | -2.00 | -3.39 | -3.23 | 2.49 | -4.94 | -6.44 | -3.27 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | -6.07 | -0.24 | 0.21 | -2.14 | 0.21 | -2.00 | -3.38 | -3.23 | 2.50 | -4.94 | -6.44 | -3.27 |
| EPS in Rs | -2.21 | -0.09 | 0.08 | -0.78 | 0.08 | -0.73 | -1.23 | -1.17 | 0.91 | -1.80 | -2.34 | -1.19 |
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 77 | 100 | 155 | 182 | 80 | 87 | 57 | 62 | 21 | 55 | 38 | 35 |
| Expenses | 70 | 84 | 138 | 161 | 139 | 128 | 62 | 63 | 19 | 54 | 37 | 36 |
| Operating Profit | 6 | 16 | 17 | 20 | -59 | -41 | -5 | -0 | 1 | 1 | 1 | -0 |
| OPM % | 8% | 16% | 11% | 11% | -74% | -47% | -10% | -0.4% | 7% | 2.2% | 3.2% | -1.2% |
| Other Income | 1 | 0 | 1 | 2 | -5 | -19 | 0 | -1 | 0 | 0 | 0 | 0 |
| Interest | 4 | 6 | 11 | 15 | 20 | 17 | 1 | 1 | 0 | 0 | 1 | 2 |
| Depreciation | 1 | 2 | 3 | 4 | 6 | 7 | 7 | 6 | 8 | 5 | 8 | 10 |
| Profit before tax | 2 | 9 | 5 | 3 | -91 | -83 | -13 | -9 | -6 | -3 | -8 | -12 |
| Tax % | 45% | 29% | 56% | 28% | 1% | 1% | 2% | 7% | 0% | 0% | 0% | |
| Net Profit | 1 | 6 | 2 | 2 | -92 | -84 | -13 | -9 | -6 | -3 | -8 | -12 |
| EPS in Rs | 0.93 | 4.59 | 0.74 | 0.80 | -33.29 | -30.60 | -4.66 | -3.41 | -2.33 | -1.26 | -2.84 | -4.42 |
| Dividend Payout % | 0% | 10% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -8% | % | % | -10% | ||
| Compounded Profit Growth | 7% | % | % | -45% | ||
| Stock Price CAGR | -13% | % | % | % | ||
| Return on Equity | % | % | -7% | -15% |
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 21 | 21 | 21 |
| Reserves | 62 | 68 | 115 | 117 | 27 | -57 | -70 | -79 | 96 | 38 | 27 | 16 |
| Borrowings | 31 | 67 | 85 | 153 | 203 | 219 | 216 | 214 | 0 | 0 | 29 | 29 |
| Other Liabilities | 11 | 18 | 38 | 38 | 31 | 26 | 29 | 32 | 32 | 29 | 16 | 20 |
| Total Liabilities | 116 | 165 | 266 | 335 | 289 | 215 | 202 | 194 | 155 | 89 | 93 | 86 |
| Fixed Assets | 13 | 34 | 42 | 53 | 82 | 77 | 71 | 63 | 48 | 45 | 34 | 30 |
| CWIP | 22 | 23 | 28 | 57 | 50 | 35 | 30 | 29 | 0 | 0 | 0 | 0 |
| Investments | 1 | 2 | 30 | 30 | 31 | 4 | 4 | 4 | 7 | 1 | 1 | 1 |
| Other Assets | 80 | 107 | 166 | 195 | 125 | 99 | 98 | 98 | 100 | 43 | 58 | 55 |
| Total Assets | 116 | 165 | 266 | 335 | 289 | 215 | 202 | 194 | 155 | 89 | 93 | 86 |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -30 | 8 | -17 | -24 | 1 | -22 | -16 | 6 | 2 | 1 | -40 | -30 |
| Cash from Investing Activity | -19 | -12 | -24 | -44 | -44 | -21 | 15 | -4 | -2 | -1 | 20 | 3 |
| Cash from Financing Activity | 55 | 6 | 36 | 68 | 52 | 39 | -1 | -3 | -2 | 0 | 20 | 27 |
| Net Cash Flow | 6 | 2 | -5 | 1 | 9 | -3 | -2 | -1 | -1 | 0 | -0 | 0 |
| Free Cash Flow | -49 | -4 | -40 | -41 | -43 | -41 | -30 | 1 | 0 | -0 | -42 | -27 |
| CFO/OP | -303% | 141% | -88% | -127% | 8% | 35% | 39% | -119% | -677% | 85% | -3,253% | -2,442% |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 162 | 189 | 179 | 189 | 154 | 165 | 273 | 410 | 389 | 1,073 | 97 | 195 |
| Inventory Days | 139 | 113 | 206 | 238 | 252 | 305 | 108 | 180 | 168 | 130 | 141 | 340 |
| Days Payable | 10 | 38 | 55 | 40 | 81 | 90 | 74 | 141 | 147 | 628 | 231 | 230 |
| Cash Conversion Cycle | 292 | 264 | 330 | 387 | 325 | 380 | 307 | 450 | 410 | 575 | 7 | 305 |
| Working Capital Days | 325 | 262 | 311 | 92 | 67 | 19 | -68 | -108 | -116 | 818 | 46 | 210 |
| ROCE % | 15% | 6% | 12% | 8% | 7% | -21% | -7% | -4% | -4% | -10% |
| Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 26.15% | 26.15% | 26.15% | 26.15% | 26.15% | 26.15% | 25.88% | 25.88% |
| FIIs | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.35% | 0.35% |
| Public | 73.48% | 73.48% | 73.48% | 73.48% | 73.48% | 73.48% | 73.41% | 73.41% |
| No. of Shareholders | 23,989 | 23,754 | 23,669 | 23,420 | 23,172 | 23,005 | 22,744 | 22,229 |
Fundamentals
Market Cap₹ 2.72 Cr.
Current Price₹ 0.99
Book Value₹ 13.4
ROCE-9.72 %
ROE-14.5 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-10%
Compounded Profit Growth (TTM)-45%
Standalone figures.
Valuation
Market capRs 1 Cr
Enterprise valueRs 30 Cr
Price to book0.03x
Price to sales0.04x
EV / sales0.85x
Earnings yield-884.45%
P/B, 5-year average-0.19x
Profitability
Operating margin (excl. other income)3.23%
Operating margin (incl. other income)3.73%
EBITDA margin-0.57%
Pre-tax margin-34.60%
Net profit margin-34.58%
Net margin, latest quarter-36.13%
ROE-14.53%
ROCE-9.72%
ROA-8.57%
ROE, 3-year average-12.05%
ROCE, 3-year average-5.98%
ROA, 3-year average-5.03%
ROE, 5-year average3.94%
ROCE, 5-year average-5.78%
ROA, 5-year average-5.19%
ROIC (approx.)-13.80%
Other income / net worth0.39%
Growth
Sales growth (latest year)-31.49%
Sales CAGR, 3 years-15.41%
Sales CAGR, 5 years-15.33%
Sales growth QoQ35.68%
Sales growth YoY (latest quarter)-23.89%
Per share
EPS (TTM)Rs -4.42
EPS (latest quarter)Rs -1.19
EPS, 5-year averageRs -4.03
Book value per shareRs 17.58
Sales per shareRs 12.79
Cash flow per shareRs -10.84
Free cash flow per shareRs -9.83
Efficiency
Asset turnover0.40x
Fixed asset turnover1.10x
Inventory turnover1.07x
Inventory days340 days
Debtor days195 days
Debtors turnover1.87x
Creditor days230 days
Cash conversion cycle305 days
Working capital days210 days
Leverage
Total debtRs 29 Cr
Cash and bankRs 0 Cr
Net debtRs 29 Cr
Debt to equity0.60x
Interest coverage-6.85x
Owners' fund to total sources51.71%
Debt to assets30.93%
Cash flow
Cash from Operating Activity (latest year)Rs -30 Cr
Cash from Investing Activity (latest year)Rs 3 Cr
Cash from Financing Activity (latest year)Rs 27 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -27 Cr
FCFE (approx.: FCF + change in debt)Rs 2 Cr
Statement figures
Net sales (TTM)Rs 35 Cr
Net sales (latest year)Rs 38 Cr
Sales (latest quarter)Rs 9 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs -1 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs -0 Cr
PBDT (TTM)Rs -2 Cr
Profit before tax (TTM)Rs -12 Cr
Net profit (TTM)Rs -12 Cr
Net profit (latest year)Rs -8 Cr
Net profit (latest quarter)Rs -3 Cr
Depreciation (TTM)Rs 10 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 26 Cr
Total expenditure (latest year)Rs 37 Cr
Total income (latest year)Rs 38 Cr
Share capitalRs 21 Cr
ReservesRs 27 Cr
Shareholders' fundsRs 48 Cr
Total assetsRs 93 Cr
Net blockRs 34 Cr
InvestmentsRs 1 Cr
ReceivablesRs 20 Cr
InventoryRs 24 Cr
Other liabilitiesRs 16 Cr
Shares outstanding (crore)2.75
Ownership
Promoter holding25.88% (-0.27 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | TULSI | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.0% | -2.8% | +2.8 pts |
| 1 month | -23.1% | -6.8% | -16.3 pts |
| 3 months | -50.0% | -7.6% | -42.4 pts |
| 6 months | -52.4% | +0.4% | -52.8 pts |
| 1 year | -83.6% | -9.9% | -73.7 pts |
| 2 years | -87.5% | -13.6% | -73.9 pts |
| 3 years | -89.4% | +14.2% | -103.5 pts |
| 5 years | -91.1% | +27.9% | -119.0 pts |
Red flags
F-score 2 of 8| explain | High accruals Profit exceeded operating cash by 24% of total assets in 2025 |
| explain | Receivables outrunning sales Receivables grew 38% vs sales -31% in 2025 |
| explain | Debt up, profit down Borrowings up 11456% while net profit fell in 2025 |
| look | Inventory outrunning sales Inventory grew 34% vs sales -31% in 2025 |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Dec 2025Sales ₹9 Cr -23.9% vs Dec 2024.
Net loss ₹3 Cr.
Activity
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No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2017-09-19 | Annual General Meeting | |
| 2016-09-21 | Annual General Meeting | |
| 2015-09-18 | Annual General Meeting | |
| 2014-09-18 | Annual General Meeting | |
| 2013-09-19 | Annual General Meeting | |
| 2012-09-20 | Annual General Meeting | |
| 2011-09-22 | Annual General Meeting | |
| 2011-01-07 | Bonus 1:10 (Record Date Revised) | 0.9091 |
| 2010-09-09 | Annual General Meeting And Dividend Re.0.50 Per Share | |
| 2009-09-04 | Annual General Meeting | |
| 2008-09-18 | Agm/Dividend - 5% Purpose Revised |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Tulsi Extrusions Ltd?
Tulsi Extrusions Ltd (TULSI) has a market capitalisation of Rs 2.72 Cr. at the 2019-07-15 close.
What were Tulsi Extrusions Ltd's latest quarterly results?
In the Dec 2025 quarter, Tulsi Extrusions Ltd sales was Rs 9 Cr (-23.9% vs Dec 2024) with a net loss of Rs 3 Cr.