Tulsyan Nec Limited

Manufacturer of TMT bars, poly woven sacks, and FIBCs with large production capacity and diverse clientele.

1947 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Tulsyan Nec Profile

Key Indicators

  • Authorised Capital ₹ 36.00 Cr
  • Paid Up Capital ₹ 25.39 Cr
  • Company Age 77 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 305.10 Cr
  • Satisfied Charges ₹ 4,356.13 Cr
  • Revenue Growth 26.61%
  • Profit Growth -68.61%
  • Ebitda 4.67%
  • Net Worth 154.14%
  • Total Assets -0.33%

About Tulsyan Nec

Tulsyan Nec Limited (TNL) was founded in India on 11 April 1947 and has a glorious history of 77 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513629.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 36.00 Cr and a paid-up capital of Rs 25.39 Cr.

The company currently has active open charges totaling ₹305.10 Cr. The company has closed loans amounting to ₹4,356.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tulsyan Nec Limited India are Parvati Soni as COMPANY SECRETARY and Shanthakumar Pra as Cfo. Sanjay Tulsyan, Lalit Tulsyan, Sanjay Agarwalla, and Five other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tulsyannec.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L28920TN1947PLC007437

  • Company No.

    007437

  • Stock Symbol

    BSE : 513629

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Apr 1947

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals
Packaging

What products or services does Tulsyan Nec Limited offer?

Tulsyan Nec Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, TMT Bars, Wire Mesh & Gratings, Steel Mesh, Carry Bags and Multiutility Bags & Pouches, Webbings, Protective Packing Materials, Protective Packaging, Minerals and Ores, Iron Ore.

Who are the key members and board of directors at Tulsyan Nec?

Executive Team (4)

NameDesignationAppointment DateStatus
Sanjay Tulsyan Country flag representing In Managing Director01-Oct-1996Current
Lalit Tulsyan Country flag representing In Managing Director12-Jul-1996Current
Parvati Soni Country flag representing In Company Secretary29-Oct-2018Current
Shanthakumar Pra Country flag representing In CFO21-Apr-2015Current

Board Members (6)

NameDesignationAppointment DateStatus
Sanjay Agarwalla Country flag representing In Whole-Time Director 27-Apr-2006Current
Antonisamy Jayamary Country flag representing In Director 10-Sep-2019Current
Manogyanathan Parthasarathy Country flag representing In Director 13-Nov-2018Current
Somasundaram Ram Country flag representing In Director 19-Sep-2020Current
Subramanian Chandraseker Country flag representing In Whole-Time Director 21-Jun-2023Current
Ravi Muthusamy Country flag representing In Director 21-Jun-2023Current

Financial Performance of Tulsyan Nec.

Tulsyan Nec Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.61% increase. The company also saw a substantial fall in profitability, with a 68.61% decrease in profit. The company's net worth Soared by an impressive increase of 154.14%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
26.61%
Revenue from Operations
26.34%
Total Assets
-0.33%
Profit or Loss
-68.61%
Net Worth
154.14%
EBITDA
4.67%

What is the Ownership and Shareholding Structure of Tulsyan Nec?

In 2022, Tulsyan Nec had a promoter holding of 70.45% and a public holding of 29.55%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹305.10 Cr

Satisfied Charges

₹4,356.13 Cr

Charges Breakdown by Lending Institutions

  • Others : 305.03 Cr
  • United Commercial Bank : 0.06 Cr
  • Abirami Financial Services : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2023Others₹269.00 CrOpen
30 Mar 2018Others₹15.44 CrOpen
30 Apr 2016Others₹20.60 CrOpen
02 Jul 1981United Commercial Bank₹0.60 MOpen
17 Dec 1977Abirami Financial Services₹0.10 MOpen

How Many Employees Work at Tulsyan Nec?

Tulsyan Nec has a workforce of 233 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tulsyan Nec, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Tulsyan Nec's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Tulsyan Nec

Recent activity within the organization

  • Annual General Meeting

    Tulsyan Nec Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Charges

    A charge registered on 09 Mar 2010 via Charge ID 10209313 with State Bank Of India was fully satisfied on 09 May 2024.

    09 May 2024

  • Charges

    A charge registered on 23 Apr 2007 via Charge ID 10050946 with State Bank Of India was fully satisfied on 09 May 2024.

    09 May 2024

  • Charges

    A charge registered on 10 Nov 2004 via Charge ID 90297981 with State Bank Of India was fully satisfied on 09 May 2024.

    09 May 2024

  • Charges

    A charge registered on 18 Aug 1999 via Charge ID 90297823 with Sundram Finance Ltd was fully satisfied on 25 Apr 2024.

    25 Apr 2024

  • Charges

    A charge registered on 05 Jun 1998 via Charge ID 90297761 with Sundaram Finannce Ltd was fully satisfied on 25 Apr 2024.

    25 Apr 2024

Frequently asked questions

  • Tulsyan Nec Limited was incorporated on 11 Apr 1947.

  • The authorized share capital of Tulsyan Nec Limited is ₹ 36.00 Cr and paid-up capital is ₹ 25.39 Cr.

  • Currently 10 directors are associated with Tulsyan Nec Limited.

    • Sanjay Tulsyan
    • Lalit Kumar Tulsyan
    • Sanjay Agarwalla
    • Antonisamy Axilium Jayamary
    • Manogyanathan Parthasarathy
    • Somasundaram Ponsing Mohan Ram
    • Subramanian Chandraseker
    • Parvati Soni
    • Ravi Muthusamy
    • Shanthakumar Rajagopal Iyer Pra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tulsyan Nec Limited is 1St Floor Apex Plaza Old No.3 New No.77, Nungambakkam High Road India, Chennai, Tamil Nadu, 600034.

  • The corporate identification number (CIN) of Tulsyan Nec Limited is L28920TN1947PLC007437 and the company number is 007437 as per Ministry of Corporate Affairs (MCA).

  • Yes, Tulsyan Nec Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Tulsyan Nec Limited is https://www.tulsyannec.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tulsyan Nec Limited has risen by 26.61%.

  • As Per 2023 financial reports, 233 employees are currently employed by Tulsyan Nec Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tulsyan Nec Limited has experienced an upsurge of 154.14%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tulsyan Nec Limited amount to ₹ 305.10 Cr.

  • The most recent Balance Sheet for Tulsyan Nec Limited was filed with the ROC on 31 Mar 2024.

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