New Light Industries (BOM:540243) ROCE %: 6.21% (As of Mar. 2026)

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BOM:540243 New Light Industries Ltd BOM:540243
38 GF Score
Price ₹1.25
GF Value ₹0.58
Valuation Significantly Overvalued
! 5 Warning Signs
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What is New Light Industries ROCE %?

New Light Industries BOM:540243 -1.57% 38 ROCE % is 6.21% as of Mar. 2026. GuruFocus rates BOM:540243 with a GF Score™ of 38/100 and a GF Value™ of ₹0.58 (Significantly Overvalued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. New Light Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.21%.

New Light Industries  (BOM:540243) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

New Light Industries ROCE % Related Terms

New Light Industries ROCE % Historical Data

* Premium members only.

The historical data trend for New Light Industries's ROCE % 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.

New Light Industries ROCE % Chart

New Light Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.86 -14.91 14.78 11.47 3.88

New Light Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.51 7.52 1.28 0.52 6.21
BOM:540243
38GF Score
New Light Industries Ltd BOM:540243
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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New Light Industries ROCE % Calculation

New Light Industries's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=5.679/( ( (150.465 - 5.955) + (154.187 - 5.965) )/ 2 )
=5.679/( (144.51+148.222)/ 2 )
=5.679/146.366
=3.88 %

New Light Industries's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=9.208/( ( (0 - 0) + (154.187 - 5.965) )/ 1 )
=9.208/( ( 0 + 148.222 )/ 1 )
=9.208/148.222
=6.21 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 6.21% mean?
New Light Industries (BOM:540243) has a ROCE % of 6.21% as of Mar. 2026.
Is New Light Industries' ROCE % too high?
New Light Industries' current ROCE % is 6.21%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. New Light Industries' value of 6.21% is 1.2% above this industry median. Overall, New Light Industries has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Light Industries' ROCE % compare to RL and LEVI?
New Light Industries' ROCE % of 6.21% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. New Light Industries' value of 6.21% is 1.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,038 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Light Industries's current ROCE % of 6.21% is 1.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Light Industries's current ROCE % is 6.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Light Industries stock overvalued right now?
Based on GuruFocus' analysis, New Light Industries (BOM:540243) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.58, compared to a current price of ₹1.25 — trading 115.5% above its estimated fair value. The current ROCE % is 6.21% and 1.2% above the Manufacturing - Apparel & Accessories industry median of 6.14. New Light Industries' overall GF Score™ is 38/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For New Light Industries (BOM:540243), the current ROCE % is 6.21% 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 New Light Industries (BOM:540243) Overvalued in 2026?

Based on GuruFocus' analysis, New Light Industries stock appears to be overvalued. The current stock price of ₹1.25 is trading 115.5% above its estimated GF Value™ of ₹0.58. GuruFocus considers New Light Industries to be Significantly Overvalued.

Key valuation signals for BOM:540243:

  • ROCE %: 6.21%
  • GF Value™: ₹0.58 vs. price of ₹1.25 (115.5% above fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 1.2% above the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the BOM:540243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

New Light Industries Business Description

Address Shivaji Enclave, Raja Garden, GC 29, Basement, New Delhi, Delhi, IND, 110027
New Light Industries Ltd deals in school uniforms, Center and State government education programs and their sponsorship programs, The Company also deals in Corporate and private dress materials and other textile materials. The majority of revenue is generated from the sale of trading goods.
38GF Score

Get the complete analysis for BOM:540243

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1.25
Price
₹0.58
GF Value