Neelam Linens and Garments (India) (NSE:NEELAM) Graham Number: ₹27.19 (As of Mar. 2025)

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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:NEELAM Neelam Linens and Garments (India) Ltd NSE:NEELAM
11 GF Score
Price ₹6.65
! 6 Warning Signs
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What is Neelam Linens and Garments (India) Graham Number?

Neelam Linens and Garments (India) NSE:NEELAM 11 Graham Number is ₹27.19 as of Mar. 2025. GuruFocus rates NSE:NEELAM with a GF Score™ of 11/100. The stock has 6 warning signs investors should review. Among 274 Furnishings, Fixtures & Appliances companies, Neelam Linens and Garments (India) ranks better than 97.81% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-09-08), the stock price of Neelam Linens and Garments (India) is ₹6.65. Neelam Linens and Garments (India)'s graham number for the quarter that ended in Mar. 2025 was ₹27.19. Therefore, Neelam Linens and Garments (India)'s Price to Graham Number ratio for today is 0.24.

The historical rank and industry rank for Neelam Linens and Garments (India)'s Graham Number or its related term are showing as below:

NSE:NEELAM' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.24   Med: 0.76   Max: 0.76
Current: 0.24

During the past 5 years, the highest Price to Graham Number ratio of Neelam Linens and Garments (India) was 0.76. The lowest was 0.24. And the median was 0.76.

NSE:NEELAM's Price-to-Graham-Number is ranked better than
97.81% of 274 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.195 vs NSE:NEELAM: 0.24

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Neelam Linens and Garments (India)  (NSE:NEELAM) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Neelam Linens and Garments (India)'s Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2025 )
=6.65/27.19
=0.24

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Neelam Linens and Garments (India) Graham Number Related Terms


Neelam Linens and Garments (India) Graham Number Historical Data

* Premium members only.

The historical data trend for Neelam Linens and Garments (India)'s Graham Number can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Neelam Linens and Garments (India) Graham Number Chart

Neelam Linens and Garments (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Graham Number
6.35 15.54 19.65 17.83 27.19

Neelam Linens and Garments (India) Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Graham Number 0.00 15.54 19.65 17.83 27.19

NSE:NEELAM vs SN, SGI, MHK: Graham Number Comparison

For the Furnishings, Fixtures & Appliances subindustry, Neelam Linens and Garments (India)'s Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Neelam Linens and Garments (India) Price-to-Graham-Number vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Neelam Linens and Garments (India)'s Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Neelam Linens and Garments (India)'s Price-to-Graham-Number falls into.


NSE:NEELAM
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Neelam Linens and Garments (India) Ltd NSE:NEELAM
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Neelam Linens and Garments (India) Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Neelam Linens and Garments (India)'s Graham Number for the fiscal year that ended in Mar. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*19.368*1.697)
=27.19

Neelam Linens and Garments (India)'s Graham Number for the quarter that ended in Mar. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*19.368*1.697)
=27.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of ₹27.19 mean?
Neelam Linens and Garments (India) (NSE:NEELAM) has a Graham Number of ₹27.19 as of Mar. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Neelam Linens and Garments (India) and its competitors. According to the industry distribution chart, Neelam Linens and Garments (India) ranks #6 out of 274 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 2.2%.
Is Neelam Linens and Garments (India)'s Graham Number too high?
Neelam Linens and Garments (India)'s current Graham Number is ₹27.19. Based on the distribution chart, Neelam Linens and Garments (India) ranks #6 out of 274 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Neelam Linens and Garments (India) has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Neelam Linens and Garments (India)'s Graham Number compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Neelam Linens and Garments (India) ranks #6 out of 274 companies for Graham Number. This places Neelam Linens and Garments (India) in the top 2% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Furnishings, Fixtures & Appliances company?
The median Graham Number among Furnishings, Fixtures & Appliances companies is 1.20, based on 274 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Neelam Linens and Garments (India) and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Graham Number is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neelam Linens and Garments (India)'s current Graham Number is ₹27.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neelam Linens and Garments (India) stock overvalued right now?
Neelam Linens and Garments (India) (NSE:NEELAM) has a current Graham Number of ₹27.19. The current Graham Number is ₹27.19. Neelam Linens and Garments (India)'s overall GF Score™ is 11/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Neelam Linens and Garments (India) (NSE:NEELAM), the current Graham Number is ₹27.19 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Neelam Linens and Garments (India) Business Description

Address Sitaram Jadav Marg, Delisle Road, A-1/446-447, 4th Floor, Shah & Nahar Industrial Estate, Lower Parel, Mumbai, MH, IND, 400013
Neelam Linens and Garments (India) Ltd operates as a soft home furnishing company based out of Maharashtra, India, extending its services to various clientele, including USA, Australia and Far East. The company specializes in the processing, finishing and supplying of bedsheets, Pillow cover, Duvet Cover, Towels, Rugs, Doher, Shirts & Garments predominantly for discounted retail outlets. It sources surplus or slightly imperfect fabric from the domestic market, applying value-added services such as designing, digital printing, dyeing, stitching, embroidery, and other enhancements. Its segment includes the business of Manufacturing of Bedsheets, Shirts and in the trading of Licences. The manufacturing of Bedsheets, Shirts segment derives majority of the revenue.
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