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 ₹ 11.9 Cr.
- Current Price ₹ 1.36
- High / Low ₹ 6.45 / 1.13
- Stock P/E 21.6
- 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 0.81 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: | -11% |
| 3 Years: | -2% |
| 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 |
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 |
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| Trade Receivables Turnover Ratio times |
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Documents
Announcements
-
Clarification Pursuant To Corporate Announcement Dated 27Th February, 2026
1d - 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.
-
Submission Of Revised Financial Results For The Quarter And Nine Months Ended 31St December, 2025
13 Feb - Revised Q3/9M FY26 unaudited results resubmitted; Board approved 12 Feb 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Announcement under Regulation 30 and pursuant to Regulation 47 read with Regulation 33 of SEBI(Listing Obligation and Disclosure Requirements), Regulation 2015, Newspaper Publication is enclosed.
- Unaudited Financial Results (Standalone) For The Quarter Year Ended 31 December, 2025 Pursuant To Regulation 33 Of The SEBI (LODR) Regulations, 2015. 12 Feb
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.