Neelam Linens and Garments (India) Ltd
Incorporated in 2010, Neelam Linens and Garments (India) Ltd is in the business of manufacturing & trading of cotton made
ups[1]
- Market Cap ₹ 24.4 Cr.
- Current Price ₹ 12.0
- High / Low ₹ 43.0 / 11.0
- Stock P/E 7.66
- Book Value ₹ 20.1
- Dividend Yield 0.00 %
- ROCE 9.95 %
- ROE 8.62 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.60 times its book value
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 10.6% over last 3 years.
- Contingent liabilities of Rs.14.4 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 78 | 102 | 104 | 102 | 110 | 127 | |
| 76 | 96 | 97 | 95 | 100 | 117 | |
| Operating Profit | 2 | 6 | 7 | 8 | 10 | 10 |
| OPM % | 2% | 6% | 6% | 8% | 9% | 8% |
| 2 | 2 | 2 | 2 | 1 | 1 | |
| Interest | 3 | 3 | 4 | 5 | 6 | 5 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 1 |
| Profit before tax | 0 | 4 | 3 | 3 | 4 | 4 |
| Tax % | -50% | 23% | 28% | 22% | 28% | |
| 0 | 3 | 2 | 2 | 3 | 3 | |
| EPS in Rs | 0.68 | 4.82 | 3.22 | 1.66 | 1.33 | 1.57 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 3% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -2% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -71% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.20 | 0.20 | 7 | 15 | 20 | 20 |
| Reserves | 12 | 14 | 14 | 9 | 19 | 20 |
| 53 | 51 | 65 | 70 | 67 | 24 | |
| 0 | 13 | 13 | 28 | 31 | 56 | |
| Total Liabilities | 65 | 79 | 100 | 121 | 137 | 121 |
| 4 | 3 | 6 | 4 | 4 | 4 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 61 | 75 | 94 | 117 | 133 | 116 | |
| Total Assets | 65 | 79 | 100 | 121 | 137 | 121 |
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 | 78 | 79 | 125 | 155 | 179 |
| ROCE % | 10% | 10% | 10% | 10% |
Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
12 January 2026 - Certificate under Reg.74(5) confirming dematerialisation activities for quarter ended Dec 31, 2025.
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Clarification - Financial Results
8 January 2026 - Exchange has sought clarification from Neelam Linens and Garments (India) Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (LODR) …
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General Updates
10 December 2025 - Company says no undisclosed price-sensitive information; price movement market-driven; replying to NSE query Dec 10, 2025.
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Price movement
10 December 2025 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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Outcome of Board Meeting
13 November 2025 - Board approved H1 results (30 Sep 2025): Revenue Rs5,447.99 lakh; PAT Rs142.49 lakh; no IPO fund deviation.
Business Overview:[1]
NLGL is country's largest supplier of High Threadcount and High-end bedding all over the world. It is India’s 1st company to launch HighThread count bedding which is used in all of the western countries as it is considered to be a status symbol, as
the higher the count, the better the fabric.