Neelam Linens and Garments (India) (NSE:NEELAM) Net Current Asset Value: ₹7.20 (As of Mar. 2025) — 152% Above Median

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NSE:NEELAM Neelam Linens and Garments (India) Ltd NSE:NEELAM
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What is Neelam Linens and Garments (India) Net Current Asset Value?

Neelam Linens and Garments (India) NSE:NEELAM 10 Net Current Asset Value is ₹7.20 as of Mar. 2025, which is 100% below its 10-year median of 2.86. GuruFocus rates NSE:NEELAM with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 286 Furnishings, Fixtures & Appliances companies, Neelam Linens and Garments (India) ranks better than 81.82% 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).

Neelam Linens and Garments (India)'s net current asset value per share for the quarter that ended in Mar. 2025 was ₹7.20.

The historical rank and industry rank for Neelam Linens and Garments (India)'s Net Current Asset Value or its related term are showing as below:

NSE:NEELAM' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.35   Med: 2.86   Max: 2.86
Current: 1.35

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Neelam Linens and Garments (India) was 2.86. The lowest was 1.35. And the median was 2.86.

NSE:NEELAM's Price-to-Net-Current-Asset-Value is ranked better than
81.82% of 286 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.495 vs NSE:NEELAM: 1.35

Neelam Linens and Garments (India)  (NSE:NEELAM) 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 Graham’s 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.


Neelam Linens and Garments (India) Net Current Asset Value Related Terms


Neelam Linens and Garments (India) Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Neelam Linens and Garments (India)'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.

Neelam Linens and Garments (India) Net Current Asset Value Chart

Neelam Linens and Garments (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Net Current Asset Value
-3.09 -1.43 0.61 3.09 7.20

Neelam Linens and Garments (India) Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Net Current Asset Value -3.09 -1.43 0.61 3.09 7.20

NSE:NEELAM vs SN, SGI, MHK: Net Current Asset Value Comparison

For the Furnishings, Fixtures & Appliances subindustry, Neelam Linens and Garments (India)'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.


Neelam Linens and Garments (India) Price-to-Net-Current-Asset-Value vs Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Neelam Linens and Garments (India)'s Price-to-Net-Current-Asset-Value 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) Net Current Asset Value Calculation

Neelam Linens and Garments (India)'s Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(A: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1122.618-976.999-0-0)/20.218
=7.20

Neelam Linens and Garments (India)'s Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1122.618-976.999-0-0)/20.218
=7.20

* 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 ₹7.20 mean?
Neelam Linens and Garments (India) (NSE:NEELAM) has a Net Current Asset Value of ₹7.20 as of Mar. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Neelam Linens and Garments (India) and its competitors. This is 152% above median its historical median of 2.86. Over the past decade, Neelam Linens and Garments (India)'s Net Current Asset Value has ranged from 1.35 to 2.86. According to the industry distribution chart, Neelam Linens and Garments (India) ranks #52 out of 286 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 18.2%.
Is Neelam Linens and Garments (India)'s Net Current Asset Value too high?
Neelam Linens and Garments (India)'s current Net Current Asset Value of ₹7.20 is 152% above median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 2.86. Based on the distribution chart, Neelam Linens and Garments (India) ranks #52 out of 286 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 10/100, reflecting its overall financial health beyond just this single metric.
How does Neelam Linens and Garments (India)'s Net Current Asset Value compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Neelam Linens and Garments (India) ranks #52 out of 286 companies for Net Current Asset Value. This places Neelam Linens and Garments (India) in the top 18% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.50. Historically, Neelam Linens and Garments (India)'s own Net Current Asset Value has ranged from 1.35 to 2.86 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 Furnishings, Fixtures & Appliances company?
The median Net Current Asset Value among Furnishings, Fixtures & Appliances companies is 3.50, based on 286 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 Neelam Linens and Garments (India) and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Net Current Asset Value is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neelam Linens and Garments (India)'s current Net Current Asset Value is ₹7.20, which is 152% above median its own 10-year median of 2.86. 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 Net Current Asset Value of ₹7.20. The current Net Current Asset Value is ₹7.20, which is 152% above median its 10-year median of 2.86. Neelam Linens and Garments (India)'s overall GF Score™ is 10/100 with 5 warning signs to review. 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 Neelam Linens and Garments (India) (NSE:NEELAM), the current Net Current Asset Value is ₹7.20 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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