Tulsyan NEC Q1 loss widens to Rs 30.8 cr; revenue drops 40 percent, auditor change

Revenue DeclinePat NegativeEmphasis Of MatterResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-5.2%Reaction day

₹36.41

prior close

₹37.42

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-5.2% vs market

Iron & Steel Products peers, median of 98sector+0.2%-5.4% vs sector

On the reaction day the stock moved 5.2 pts less than Nifty Microcap 250 and 5.4 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

-7.7

15m

-7.7

30m

-7.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.2-0.1-5.2+0.2-5.4

Next day

-6.9-0.2-6.7-0.2-6.7

-14.4+0.1-14.5-0.4-14.0

-18.6+0.3-18.9-0.7-17.9

-15.1+0.4-15.5-0.3-14.8

-16.8+0.5-17.3-0.4-16.4

-24.3+0.3-24.6-0.9-23.4

15d

—+1.9—+1.7—

-24.1+2.2-26.3+4.5-28.5

—-1.2—+0.1—

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 98Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tulsyan NEC posted Q1 FY27 standalone net loss of Rs 30.85 cr versus Rs 11 cr loss YoY. Revenue fell to Rs 139.4 cr from Rs 232.9 cr. Power plant was under shutdown during the quarter. Auditor flagged emphasis of matter on NCD restructuring with coupon payment moratorium until Aug 2026 and final redemption pushed to Sept 2027. New statutory auditor SRBR and Associates to replace CNGSN after completion of their final term. President-Operations resigned.

Likely market impact

Widening losses and power plant shutdown signal operational stress. NCD restructuring points to debt repayment pressure. Watch for demand recovery.