New Light Industries Ltd
Incorporated in 1995, New Light Industries Ltd is in the business of trading of textile & school uniform and home appliances.[1]
- Market Cap ₹ 10.8 Cr.
- Current Price ₹ 1.23
- High / Low ₹ 5.83 / 1.09
- Stock P/E 19.6
- Book Value ₹ 1.68
- Dividend Yield 0.00 %
- ROCE 9.56 %
- ROE 12.9 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.73 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 5.08%
- Company has a low return on equity of 7.30% over last 3 years.
- Company has high debtors of 183 days.
- Working capital days have increased from 150 days to 290 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.43 | 4.49 | 7.23 | 7.52 | 11.99 | 22.55 | 12.17 | 19.87 | 6.19 | 6.11 | 12.04 | 17.17 | 9.23 | |
| 5.03 | 4.14 | 7.11 | 7.40 | 11.80 | 21.97 | 11.84 | 19.51 | 7.54 | 6.45 | 11.73 | 16.09 | 8.78 | |
| Operating Profit | 0.40 | 0.35 | 0.12 | 0.12 | 0.19 | 0.58 | 0.33 | 0.36 | -1.35 | -0.34 | 0.31 | 1.08 | 0.45 |
| OPM % | 7.37% | 7.80% | 1.66% | 1.60% | 1.58% | 2.57% | 2.71% | 1.81% | -21.81% | -5.56% | 2.57% | 6.29% | 4.88% |
| 0.41 | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 | 0.00 | 0.02 | |
| Interest | 0.20 | 0.16 | 0.01 | 0.01 | 0.00 | 0.15 | 0.23 | 0.28 | 0.23 | 0.11 | 0.03 | 0.02 | -0.01 |
| Depreciation | 0.19 | 0.18 | 0.07 | 0.05 | 0.04 | 0.05 | 0.07 | 0.06 | 0.06 | 0.04 | 0.03 | 0.04 | 0.04 |
| Profit before tax | 0.42 | 0.03 | 0.05 | 0.07 | 0.17 | 0.39 | 0.03 | 0.02 | -1.64 | -0.49 | 0.37 | 1.02 | 0.44 |
| Tax % | 11.90% | 33.33% | 40.00% | 28.57% | 29.41% | 25.64% | 33.33% | 0.00% | -26.22% | 6.12% | 0.00% | -12.75% | |
| 0.37 | 0.03 | 0.03 | 0.04 | 0.12 | 0.29 | 0.02 | 0.02 | -1.21 | -0.52 | 0.37 | 1.14 | 0.55 | |
| EPS in Rs | 0.02 | 0.05 | 0.13 | 0.01 | 0.01 | -0.55 | -0.24 | 0.17 | 0.13 | 0.06 | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 7% |
| 3 Years: | 41% |
| TTM: | -53% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 40% |
| 5 Years: | 124% |
| 3 Years: | 43% |
| TTM: | -58% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -14% |
| 3 Years: | -13% |
| 1 Year: | -80% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | -1% |
| 3 Years: | 7% |
| Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.72 | 2.72 | 2.72 | 2.72 | 2.20 | 2.20 | 2.20 | 2.20 | 2.20 | 2.20 | 2.20 | 8.76 | 8.76 |
| Reserves | 0.79 | 0.82 | 0.85 | 0.70 | 1.36 | 1.65 | 1.66 | 1.69 | 0.47 | -0.47 | 1.10 | 5.63 | 5.94 |
| 1.44 | 0.19 | 0.11 | 0.13 | 0.39 | 2.91 | 2.96 | 4.00 | 3.96 | 4.51 | 4.01 | 0.06 | 0.02 | |
| 0.61 | 1.22 | 2.33 | 3.10 | 5.07 | 9.64 | 5.27 | 4.57 | 4.90 | 5.08 | 4.03 | 0.60 | 0.48 | |
| Total Liabilities | 5.56 | 4.95 | 6.01 | 6.65 | 9.02 | 16.40 | 12.09 | 12.46 | 11.53 | 11.32 | 11.34 | 15.05 | 15.20 |
| 0.99 | 0.35 | 0.28 | 0.23 | 0.17 | 0.30 | 0.23 | 0.17 | 0.14 | 0.11 | 0.12 | 0.15 | 0.13 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 4.57 | 4.60 | 5.73 | 6.42 | 8.85 | 16.10 | 11.86 | 12.29 | 11.39 | 11.21 | 11.22 | 14.90 | 15.07 | |
| Total Assets | 5.56 | 4.95 | 6.01 | 6.65 | 9.02 | 16.40 | 12.09 | 12.46 | 11.53 | 11.32 | 11.34 | 15.05 | 15.20 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.31 | 0.95 | 2.01 | -0.02 | -0.38 | 0.27 | 0.05 | -0.81 | 0.37 | 0.31 | 0.18 | -7.00 | |
| -0.81 | 0.45 | -1.93 | 0.01 | 0.12 | -0.17 | -0.01 | 0.00 | -0.02 | -0.01 | -0.04 | -0.08 | |
| 0.50 | -1.41 | -0.08 | 0.01 | 0.26 | 0.04 | -0.19 | 0.80 | -0.25 | -0.35 | 1.11 | 6.11 | |
| Net Cash Flow | 0.00 | -0.01 | -0.01 | 0.00 | 0.01 | 0.15 | -0.14 | -0.01 | 0.10 | -0.04 | 1.25 | -0.98 |
| Free Cash Flow | 0.31 | 1.43 | 2.01 | -0.03 | -0.35 | 0.10 | 0.04 | -0.81 | 0.35 | 0.30 | 0.14 | -7.08 |
| CFO/OP | 62% | 286% | 1,700% | 8% | -174% | 66% | 21% | -222% | 4% | -226% | 58% | -648% |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 107.55 | 265.82 | 114.09 | 256.28 | 228.92 | 182.10 | 212.64 | 127.48 | 359.69 | 422.95 | 161.58 | 182.61 |
| Inventory Days | 203.97 | 41.13 | 53.59 | 53.37 | 43.26 | 77.44 | 139.97 | 89.21 | 163.48 | 114.97 | 110.75 | 71.47 |
| Days Payable | 37.99 | 106.93 | 80.98 | 165.02 | 138.71 | 155.79 | 144.66 | 80.27 | 176.85 | 269.51 | 121.89 | 8.68 |
| Cash Conversion Cycle | 273.53 | 200.02 | 86.70 | 144.63 | 133.47 | 103.74 | 207.95 | 136.42 | 346.33 | 268.40 | 150.44 | 245.40 |
| Working Capital Days | 156.62 | 231.68 | 148.93 | 153.38 | 101.68 | 56.49 | 115.47 | 68.89 | 166.28 | 104.54 | 55.48 | 289.53 |
| ROCE % | 4.39% | 3.92% | 1.62% | 2.21% | 4.27% | 9.90% | 3.83% | 4.08% | -19.42% | -5.91% | 5.90% | 9.56% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Block: Plant and Machinery INR Lakhs |
|
|||||||||
| Trade Receivables Turnover Ratio times |
||||||||||
Documents
Announcements
-
Closure of Trading Window
2d - Trading window closed from 01-Apr-2026 until 48 hours after audited results for quarter ending 31-Mar-2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
24 Mar - Saurabh Agrawal appointed MD and CFO effective 23-03-2026; Himanshi Sharma resigns; acquisition deferred.
-
Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Company Held Today I.E. Monday, 23Rd March, 2026 Pursuant To Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015
23 Mar - Saurabh Agrawal appointed MD and CFO; Himanshi Sharma resigned effective 23 Mar 2026; acquisition deferred.
-
Clarification Pursuant To Corporate Announcement Dated 27Th February, 2026
9 Mar - Company withdrew civil suit; High Court dismissed as withdrawn on 13 Jan 2026; disclosure delayed.
-
Announcement Under Regulation 30 Of SEBI(LODR) Regulation, 2015 - Disposal Of Legal Proceedings Before The Hon''ble High Court Of Delhi.
27 Feb - Withdrew suit against Google/YouTube; Delhi High Court dismissed as withdrawn on 13 Jan 2026.
Business Overview:[1][2]
NLIL is an ISO 9007:2015 certified company which specializes in manufacturing garments, tailored apparel and uniforms, sportswear, and corporate uniform to clients worldwide. It is an exporter and supplier of traditional wears, casual wears, and sustainable clothing line with a diverse range for men, women, and children garments - from woolen sweaters and gloves to socks and industrial safety gears.