Neelam Linens and Garments (India) (NSE:NEELAM) ROC (Joel Greenblatt) %: 11.42% (As of Mar. 2025) — Near 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) ROC (Joel Greenblatt) %?

Neelam Linens and Garments (India) NSE:NEELAM -3.95% 10 ROC (Joel Greenblatt) % is 11.42% as of Mar. 2025, which is at its 10-year median of 11.42. GuruFocus rates NSE:NEELAM with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 432 Furnishings, Fixtures & Appliances companies, Neelam Linens and Garments (India) ranks better than 53.7% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Neelam Linens and Garments (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 11.42%.

The historical rank and industry rank for Neelam Linens and Garments (India)'s ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:NEELAM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.09   Med: 11.42   Max: 13.87
Current: 11.42

During the past 5 years, Neelam Linens and Garments (India)'s highest ROC (Joel Greenblatt) % was 13.87%. The lowest was 5.09%. And the median was 11.42%.

NSE:NEELAM's ROC (Joel Greenblatt) % is ranked better than
53.7% of 432 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.47 vs NSE:NEELAM: 11.42

Neelam Linens and Garments (India)'s 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Neelam Linens and Garments (India)  (NSE:NEELAM) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Neelam Linens and Garments (India) ROC (Joel Greenblatt) % Related Terms


Neelam Linens and Garments (India) ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Neelam Linens and Garments (India)'s ROC (Joel Greenblatt) % 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) ROC (Joel Greenblatt) % Chart

Neelam Linens and Garments (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
ROC (Joel Greenblatt) %
5.09 13.87 11.61 9.62 11.42

Neelam Linens and Garments (India) Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
ROC (Joel Greenblatt) % 5.09 13.87 11.61 9.62 11.42

NSE:NEELAM vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Neelam Linens and Garments (India)'s ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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) ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Neelam Linens and Garments (India)'s ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Neelam Linens and Garments (India)'s ROC (Joel Greenblatt) % falls into.


NSE:NEELAM
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Neelam Linens and Garments (India) Ltd NSE:NEELAM
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Neelam Linens and Garments (India) ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(419.207 + 455.018 + 138.398) - (231.324 + 0 + 49.023)
=732.276

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(465.704 + 500.302 + 90.406) - (295.581 + 0 + 10.395)
=750.436

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Neelam Linens and Garments (India) for the quarter that ended in Mar. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=92.77/( ( (39.461 + max(732.276, 0)) + (102.813 + max(750.436, 0)) )/ 2 )
=92.77/( ( 771.737 + 853.249 )/ 2 )
=92.77/812.493
=11.42 %

Note: The EBIT data used here is one times the annual (Mar. 2025) EBIT 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.

What does a ROC (Joel Greenblatt) % of 11.42% mean?
Neelam Linens and Garments (India) (NSE:NEELAM) has a ROC (Joel Greenblatt) % of 11.42% as of Mar. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Neelam Linens and Garments (India) and its competitors. This is near median its historical median of 11.42. Over the past decade, Neelam Linens and Garments (India)'s ROC (Joel Greenblatt) % has ranged from 5.09 to 13.87. According to the industry distribution chart, Neelam Linens and Garments (India) ranks #200 out of 432 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 46.3%.
Is Neelam Linens and Garments (India)'s ROC (Joel Greenblatt) % too high?
Neelam Linens and Garments (India)'s current ROC (Joel Greenblatt) % of 11.42% is near median its 10-year median of 11.42. Over the past 10 years, this metric has ranged from a low of 5.09 to a high of 13.87. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.47. Neelam Linens and Garments (India)'s value of 11.42% is 20.6% above this industry median. Based on the distribution chart, Neelam Linens and Garments (India) ranks #200 out of 432 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 ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Neelam Linens and Garments (India) ranks #200 out of 432 companies for ROC (Joel Greenblatt) %. This puts Neelam Linens and Garments (India) in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.47. Neelam Linens and Garments (India)'s value of 11.42% is 20.6% above this benchmark. Historically, Neelam Linens and Garments (India)'s own ROC (Joel Greenblatt) % has ranged from 5.09 to 13.87 over the past decade. While the company's 10-year median is 11.42 vs. the industry median of 9.47, 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 ROC (Joel Greenblatt) % for a Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.47, based on 432 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Neelam Linens and Garments (India)'s current ROC (Joel Greenblatt) % of 11.42% is 20.6% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Neelam Linens and Garments (India) and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neelam Linens and Garments (India)'s current ROC (Joel Greenblatt) % is 11.42%, which is near median its own 10-year median of 11.42. 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 ROC (Joel Greenblatt) % of 11.42%. The current ROC (Joel Greenblatt) % is 11.42%, which is near median its 10-year median of 11.42 and 20.6% above the Furnishings, Fixtures & Appliances industry median of 9.47. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Neelam Linens and Garments (India) (NSE:NEELAM), the current ROC (Joel Greenblatt) % is 11.42% 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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