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Lux IndustriesNSE:LUXIND +1.21%78 Net-Net Working Capital is ₹0.00 as of Jun. 2026. GuruFocus rates NSE:LUXIND with a GF Score™ of 78/100 and a GF Value™ of ₹1,641.62 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 367 Manufacturing - Apparel & Accessories companies, Lux Industries ranks worse than 68.39% on this metric.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
Lux Industries's Net-Net Working Capital for the quarter that ended in Jun. 2026 was ₹0.00.
The industry rank for Lux Industries's Net-Net Working Capital or its related term are showing as below:
NSE:LUXIND's Price-to-Net-Net-Working-Capital is ranked worse than 68.39% of 367
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.73
vs NSE:LUXIND: 10.67
Lux Industries (NSE:LUXIND) Net-Net Working Capital Explanation
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 value. They are collected under our Net-Net screener.
Lux Industries Net-Net Working Capital Related Terms
Lux Industries Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Lux Industries's Net-Net Working Capital 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.
NSE:LUXIND vs RL, LEVI, VFC: Net-Net Working Capital Comparison
For the Apparel Manufacturing subindustry, Lux Industries's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.
Lux Industries Price-to-Net-Net-Working-Capital vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lux Industries's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Lux Industries's Price-to-Net-Net-Working-Capital 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.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
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.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of ₹0.00 mean?
Lux Industries (NSE:LUXIND) has a Net-Net Working Capital of ₹0.00 as of Jun. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Lux Industries According to the industry distribution chart, Lux Industries ranks #251 out of 367 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 68.4%.
Is Lux Industries' Net-Net Working Capital too high?
Lux Industries' current Net-Net Working Capital is ₹0.00. Based on the distribution chart, Lux Industries ranks #251 out of 367 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Lux Industries has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lux Industries' Net-Net Working Capital compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lux Industries ranks #251 out of 367 companies for Net-Net Working Capital. This places Lux Industries in the lower half of its industry. The industry median Net-Net Working Capital is 5.73. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Manufacturing - Apparel & Accessories company?
The median Net-Net Working Capital among Manufacturing - Apparel & Accessories companies is 5.73, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Lux Industries For the Manufacturing - Apparel & Accessories industry, the median Net-Net Working Capital is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lux Industries's current Net-Net Working Capital is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lux Industries stock overvalued right now?
Based on GuruFocus' analysis, Lux Industries (NSE:LUXIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,641.62, compared to a current price of ₹1,227.10 — trading 25.3% below its estimated fair value. The current Net-Net Working Capital is ₹0.00. Lux Industries' overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Lux Industries (NSE:LUXIND), the current Net-Net Working Capital is ₹0.00 as of Jun. 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 Lux Industries (NSE:LUXIND) Overvalued in 2026?
Based on GuruFocus' analysis, Lux Industries stock appears to be undervalued.
The current stock price of ₹1,227.10 is trading 25.3% below its estimated GF Value™ of ₹1,641.62.
GuruFocus considers Lux Industries to be Modestly Undervalued.
Key valuation signals for NSE:LUXIND:
Net-Net Working Capital: ₹0.00
GF Value™: ₹1,641.62 vs. price of ₹1,227.10 (25.3% below fair value)
No single metric tells the full story. See the NSE:LUXIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lux Industries Ltd is an Indian company that is engaged in manufacturing and sales of knitwear for men, women, and children. The company's products include briefs, trunks, drawers, vests, Bermudas, t-shirts, socks, leggings, bloomers, slacks and slips, and winter wear. It has three distinct business verticals each specializing in the production, marketing, and distribution of products under various brands such as; Vertical A comprises Lux Cozi, ONN, Lux Cotts wool, Lux Mozze, and One8 brands; Vertical B includes Lux Venus, Lyra, Lux Inferno, and Lux Nitro; and Vertical C includes GenX, Lux Classic, Lux Karishma, and Lux Amore brands. Maximum revenue is generated from Verticle B. Geographically, it caters to both domestic and international markets and derives its key revenue within India.
78GF Score
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