Neelam Linens and Garments (India) Ltd

Neelam Linens and Garments (India) Ltd

₹ 26.5 -4.50%
11 Jun - close price
About

Incorporated in September 2010, Neelam Linens and Garments (India) Ltd is a soft home furnishing company. [1]

Key Points

Business Divison
1. Processing and Trading of Products (60.6% of the revenue)[1]
Home Furnishing Products: This is their primary business division, focused on design, processing, and supply of various soft home furnishing items.

  • Market Cap 53.6 Cr.
  • Current Price 26.5
  • High / Low 74.4 / 18.5
  • Stock P/E 20.0
  • Book Value 19.4
  • Dividend Yield 0.00 %
  • ROCE 12.7 %
  • ROE 8.56 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 10.5% over last 3 years.
  • Contingent liabilities of Rs.16.8 Cr.
  • Company has high debtors of 154 days.
  • Company's cost of borrowing seems high

* 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

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Half Yearly Results

Figures in Rs. Crores

Sep 2023 Mar 2024 Sep 2024 Mar 2025
35 68 37 73
32 62 33 68
Operating Profit 3 5 5 6
OPM % 8% 8% 13% 8%
1 1 0 1
Interest 2 3 3 3
Depreciation 1 1 1 1
Profit before tax 1 2 1 2
Tax % 16% 24% 33% 26%
1 2 1 2
EPS in Rs 0.39 1.28 0.62 0.87
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
78 102 104 102 110
76 96 97 95 100
Operating Profit 2 6 7 8 10
OPM % 2% 6% 6% 8% 9%
2 2 2 2 1
Interest 3 3 4 5 6
Depreciation 1 1 1 2 2
Profit before tax 0 4 3 3 4
Tax % -50% 23% 28% 22% 28%
0 3 2 2 3
EPS in Rs 0.68 4.82 3.22 1.66 1.33
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 3%
TTM: 8%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -2%
TTM: 9%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 11%
Last Year: 9%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.20 0.20 7 15 20
Reserves 12 14 14 9 19
53 51 65 70 21
0 13 13 28 76
Total Liabilities 65 79 100 121 137
4 3 6 4 4
CWIP 0 0 0 0 0
Investments 0 0 0 0 0
61 75 94 117 133
Total Assets 65 79 100 121 137

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
20 6 -11 0 8
-7 -1 -3 1 -8
-23 -5 14 -1 4
Net Cash Flow -10 1 -0 0 4

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 70 64 65 150 154
Inventory Days 147 163 193 182 196
Days Payable 1 49 47 86 113
Cash Conversion Cycle 217 178 211 246 236
Working Capital Days 209 166 229 263 250
ROCE % 10% 10% 10% 13%

Shareholding Pattern

Numbers in percentages

10 Recently
Dec 2024Mar 2025
54.30% 54.30%
7.33% 6.53%
0.00% 1.16%
38.37% 38.02%
No. of Shareholders 274289

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents