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New Light Industries Ltd

NSE: BSE: 540243

1.44

(-4.00%)

Thu, 07 May 2026, 09:21 am

New Light Industries Analysis

dividend

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Pros

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    Cons

    • Unable to evaluate New Light Apparels's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
    • Unable to evaluate New Light Apparels's dividend against the top 25% market benchmark as the company has not reported any payouts.

    health

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    Pros

    • New Light Apparels is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
    • New Light Apparels is profitable, therefore cash runway is not a concern.
    • New Light Apparels is profitable, therefore cash runway is not a concern.
    • Debt is well covered by operating cash flow (32.5%, greater than 20% of total debt).
    • Debt is covered by short term assets, assets are 4.7x debt.
    • New Light Apparels's cash and other short term assets cover its long term commitments.
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    Cons

    • The level of debt compared to net worth has increased over the past 5 years (13.8% vs 75.6% today).
    • Interest payments on debt are not well covered by earnings (EBIT is 2.1x annual interest expense, ideally 3x coverage).
    • New Light Apparels's level of debt (75.6%) compared to net worth is high (greater than 40%).
    • High level of physical assets or inventory.

    management

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    Pros

    • The tenure for the New Light Apparels board of directors is about average.
    • Sandeep's remuneration is lower than average for companies of similar size in India.
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    Cons

    • Sandeep's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

    misc

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    Pros

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      Cons

      • New Light Apparels is not covered by any analysts.

      past

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      Pros

      • New Light Apparels's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
      • New Light Apparels has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
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      Cons

      • New Light Apparels's 1-year earnings growth is negative, it can't be compared to the 5-year average.
      • New Light Apparels used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
      • New Light Apparels has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
      • New Light Apparels's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.

      value

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      Pros

      • New Light Apparels's share price is below the future cash flow value, and at a moderate discount (> 20%).
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      Cons

      • New Light Apparels's share price is below the future cash flow value, but not at a substantial discount (< 40%).
      • New Light Apparels is overvalued based on assets compared to the IN Luxury industry average.
      • New Light Apparels is overvalued based on earnings compared to the IN Luxury industry average.
      • New Light Apparels is overvalued based on earnings compared to the India market.
      • 540243 underperformed the Luxury industry which returned -22.1% over the past year.
      • 540243 underperformed the Market in India which returned -14.5% over the past year.
      • BSE:540243 is down -10% underperforming the Luxury industry which returned 9.8% over the past month.
      • BSE:540243 is down -10% underperforming the market in India which returned 8% over the past month.

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      Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800