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
- 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.
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Half Yearly Results
Figures in Rs. Crores
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% |
Documents
Announcements
-
Statement of deviation(s) or variation(s) under Reg. 32
6 June 2025 - No deviation in utilization of Rs.13.00 crore IPO proceeds as of March 31, 2025.
-
Outcome of Board Meeting
6 June 2025 - Neelam Linens reports audited FY25 financials with unmodified audit opinion; no IPO fund utilization deviation.
-
Notice Of Shareholders Meetings-XBRL
3 June 2025 - NEELAM LINENS AND GARMENTS (INDIA) LIMITED has informed about Notice of Shareholders Meeting for Extra-ordinary Meeting to be held on 27-Jun-2025
-
Shareholders meeting
3 June 2025 - EGM on June 27, 2025 to regularize appointments of Executive and Independent Directors for 5 years.
-
Outcome of Board Meeting
2 June 2025 - Board approved director appointments; EGM set for June 27, 2025; book closure June 21-27, 2025.
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.