Sai Silks (Kalamandir)NSE:KALAMANDIR +0.20%62 Net Current Asset Value is ₹42.44 as of Mar. 2026, which is 100% below its 10-year median of 3.16. GuruFocus rates NSE:KALAMANDIR with a GF Score™ of 62/100 and a GF Value™ of ₹197.14 (Significantly Undervalued). Among 553 Retail - Cyclical companies, Sai Silks (Kalamandir) ranks better than 59.67% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Sai Silks (Kalamandir)'s net current asset value per share for the quarter that ended in Mar. 2026 was ₹42.44.
The historical rank and industry rank for Sai Silks (Kalamandir)'s Net Current Asset Value or its related term are showing as below:
NSE:KALAMANDIR'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.13 Med: 3.16 Max: 4.95
Current: 2.49
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sai Silks (Kalamandir) was 4.95. The lowest was 2.13. And the median was 3.16.
NSE:KALAMANDIR's Price-to-Net-Current-Asset-Value is ranked better than 59.67% of 553
companies
in the Retail - Cyclical industry
Industry Median: 3.11
vs NSE:KALAMANDIR: 2.49
Sai Silks (Kalamandir) (NSE:KALAMANDIR) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Sai Silks (Kalamandir) Net Current Asset Value Related Terms
Sai Silks (Kalamandir) Net Current Asset Value Historical Data
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The historical data trend for Sai Silks (Kalamandir)'s Net Current Asset Value 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.
Sai Silks (Kalamandir) Net Current Asset Value Chart
NSE:KALAMANDIR vs TJX, ROST, BURL: Net Current Asset Value Comparison
For the Apparel Retail subindustry, Sai Silks (Kalamandir)'s Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.
Sai Silks (Kalamandir) Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Sai Silks (Kalamandir)'s Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Sai Silks (Kalamandir)'s Price-to-Net-Current-Asset-Value falls into.
* 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.
What does a Net Current Asset Value of ₹42.44 mean?
Sai Silks (Kalamandir) (NSE:KALAMANDIR) has a Net Current Asset Value of ₹42.44 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Sai Silks (Kalamandir) and its competitors. This is 1243% above median its historical median of 3.16. Over the past decade, Sai Silks (Kalamandir)'s Net Current Asset Value has ranged from 2.13 to 4.95. According to the industry distribution chart, Sai Silks (Kalamandir) ranks #223 out of 553 companies in the Retail - Cyclical industry, placing it in the top 40.3%.
Is Sai Silks (Kalamandir)'s Net Current Asset Value too high?
Sai Silks (Kalamandir)'s current Net Current Asset Value of ₹42.44 is 1243% above median its 10-year median of 3.16. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 4.95. Based on the distribution chart, Sai Silks (Kalamandir) ranks #223 out of 553 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Sai Silks (Kalamandir) has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sai Silks (Kalamandir)'s Net Current Asset Value compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Sai Silks (Kalamandir) ranks #223 out of 553 companies for Net Current Asset Value. This puts Sai Silks (Kalamandir) in the upper half of its industry. The industry median Net Current Asset Value is 3.11. Historically, Sai Silks (Kalamandir)'s own Net Current Asset Value has ranged from 2.13 to 4.95 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.11, based on 553 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Sai Silks (Kalamandir) and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sai Silks (Kalamandir)'s current Net Current Asset Value is ₹42.44, which is 1243% above median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sai Silks (Kalamandir) stock overvalued right now?
Based on GuruFocus' analysis, Sai Silks (Kalamandir) (NSE:KALAMANDIR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹197.14, compared to a current price of ₹105.83 — trading 46.3% below its estimated fair value. The current Net Current Asset Value is ₹42.44, which is 1243% above median its 10-year median of 3.16. Sai Silks (Kalamandir)'s overall GF Score™ is 62/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Sai Silks (Kalamandir) (NSE:KALAMANDIR), the current Net Current Asset Value is ₹42.44 as of Mar. 2026. 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.
Is Sai Silks (Kalamandir) (NSE:KALAMANDIR) Overvalued in 2026?
Based on GuruFocus' analysis, Sai Silks (Kalamandir) stock appears to be undervalued.
The current stock price of ₹105.83 is trading 46.3% below its estimated GF Value™ of ₹197.14.
GuruFocus considers Sai Silks (Kalamandir) to be Significantly Undervalued.
Key valuation signals for NSE:KALAMANDIR:
Net Current Asset Value: ₹42.44 (1243% above median its 10-year median of 3.16)
GF Value™: ₹197.14 vs. price of ₹105.83 (46.3% below fair value)
No single metric tells the full story. See the NSE:KALAMANDIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sai Silks (Kalamandir) Ltd is a company that is one of the retailers of ethnic apparel. Its business activity falls within a single business, which is the retail of textiles and textile articles. The company caters to customers in all market sectors by offering items in four formats to diverse market segments, including premium ethnic fashion, ethnic fashion for middle-class consumers, and value fashion. Lehengas, men's ethnic wear, children's ethnic wear, and value fashion products, including fusion wear and western wear for women, men, and children, are just a few of the products it offers.
62GF Score
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