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.
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.
Neelam Linens and Garments (India)NSE:NEELAM 10 Return-on-Tangible-Equity is 8.55% as of Mar. 2025, which is 23% below its 10-year median of 11.06. GuruFocus rates NSE:NEELAM with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 421 Furnishings, Fixtures & Appliances companies, Neelam Linens and Garments (India) ranks better than 65.08% on this metric.
The historical rank and industry rank for Neelam Linens and Garments (India)'s Return-on-Tangible-Equity or its related term are showing as below:
NSE:NEELAM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.55 Med: 11.06 Max: 22.63
Current: 8.55
During the past 5 years, Neelam Linens and Garments (India)'s highest Return-on-Tangible-Equity was 22.63%. The lowest was 3.55%. And the median was 11.06%.
NSE:NEELAM's Return-on-Tangible-Equity is ranked better than 65.08% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.07
vs NSE:NEELAM: 8.55
Neelam Linens and Garments (India) (NSE:NEELAM) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Neelam Linens and Garments (India) Return-on-Tangible-Equity Related Terms
Neelam Linens and Garments (India) Return-on-Tangible-Equity Historical Data
* 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) Return-on-Tangible-Equity Chart
Neelam Linens and Garments (India) Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
3.55
22.63
13.32
11.06
8.55
Neelam Linens and Garments (India) Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
3.55
22.63
13.32
11.06
8.55
NSE:NEELAM vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Neelam Linens and Garments (India)'s Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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) Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Neelam Linens and Garments (India)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Neelam Linens and Garments (India)'s Return-on-Tangible-Equity 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 the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is one times the annual (Mar. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 8.55% mean?
Neelam Linens and Garments (India) (NSE:NEELAM) has a Return-on-Tangible-Equity of 8.55% as of Mar. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Neelam Linens and Garments (India) and its competitors. This is 23% below median its historical median of 11.06. Over the past decade, Neelam Linens and Garments (India)'s Return-on-Tangible-Equity has ranged from 3.55 to 22.63. According to the industry distribution chart, Neelam Linens and Garments (India) ranks #147 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 34.9%.
Is Neelam Linens and Garments (India)'s Return-on-Tangible-Equity too high?
Neelam Linens and Garments (India)'s current Return-on-Tangible-Equity of 8.55% is 23% below median its 10-year median of 11.06. Over the past 10 years, this metric has ranged from a low of 3.55 to a high of 22.63. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.07. Neelam Linens and Garments (India)'s value of 8.55% is 68.6% above this industry median. Based on the distribution chart, Neelam Linens and Garments (India) ranks #147 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. 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 Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Neelam Linens and Garments (India) ranks #147 out of 421 companies for Return-on-Tangible-Equity. This puts Neelam Linens and Garments (India) in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.07. Neelam Linens and Garments (India)'s value of 8.55% is 68.6% above this benchmark. Historically, Neelam Linens and Garments (India)'s own Return-on-Tangible-Equity has ranged from 3.55 to 22.63 over the past decade. While the company's 10-year median is 11.06 vs. the industry median of 5.07, Neelam Linens and Garments (India) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.07, based on 421 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Neelam Linens and Garments (India)'s current Return-on-Tangible-Equity of 8.55% is 68.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Neelam Linens and Garments (India) and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neelam Linens and Garments (India)'s current Return-on-Tangible-Equity is 8.55%, which is 23% below median its own 10-year median of 11.06. 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 Return-on-Tangible-Equity of 8.55%. The current Return-on-Tangible-Equity is 8.55%, which is 23% below median its 10-year median of 11.06 and 68.6% above the Furnishings, Fixtures & Appliances industry median of 5.07. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Neelam Linens and Garments (India) (NSE:NEELAM), the current Return-on-Tangible-Equity is 8.55% 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
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.
10GF Score
Get the complete analysis for NSE:NEELAM
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:NEELAM has been successfully added to your 
