Neelam Linens and Garments (India) (NSE:NEELAM) ROE %: 8.55% (As of Mar. 2025) — 23% Below Median


NSE:NEELAM Neelam Linens and Garments (India) Ltd NSE:NEELAM
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What is Neelam Linens and Garments (India) ROE %?

Neelam Linens and Garments (India) NSE:NEELAM 10 ROE % 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 425 Furnishings, Fixtures & Appliances companies, Neelam Linens and Garments (India) ranks better than 69.88% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Neelam Linens and Garments (India)'s annualized net income for the quarter that ended in Mar. 2025 was ₹27 Mil. Neelam Linens and Garments (India)'s average Total Stockholders Equity over the quarter that ended in Mar. 2025 was ₹313 Mil. Therefore, Neelam Linens and Garments (India)'s annualized ROE % for the quarter that ended in Mar. 2025 was 8.55%.

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

NSE:NEELAM' s ROE % 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 ROE % was 22.63%. The lowest was 3.55%. And the median was 11.06%.

NSE:NEELAM's ROE % is ranked better than
69.88% of 425 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.51 vs NSE:NEELAM: 8.55

Neelam Linens and Garments (India)  (NSE:NEELAM) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=26.795/313.2095
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(26.795 / 1104.273)*(1104.273 / 1290.129)*(1290.129 / 313.2095)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.43 %*0.8559*4.1191
=ROA %*Equity Multiplier
=2.08 %*4.1191
=8.55 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=26.795/313.2095
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (26.795 / 37.273) * (37.273 / 96.962) * (96.962 / 1104.273) * (1104.273 / 1290.129) * (1290.129 / 313.2095)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7189 * 0.3844 * 8.78 % * 0.8559 * 4.1191
=8.55 %

Note: The net income data used here is one times the annual (Mar. 2025) net income data. The Revenue data used here is one times the annual (Mar. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Neelam Linens and Garments (India) ROE % Related Terms


Neelam Linens and Garments (India) ROE % Historical Data

* Premium members only.

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

Neelam Linens and Garments (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
ROE %
3.55 22.63 13.32 11.06 8.55

Neelam Linens and Garments (India) Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
ROE % 3.55 22.63 13.32 11.06 8.55

NSE:NEELAM vs SN, SGI, MHK: ROE % Comparison

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

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

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


NSE:NEELAM
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Neelam Linens and Garments (India) ROE % Calculation

Neelam Linens and Garments (India)'s annualized ROE % for the fiscal year that ended in Mar. 2025 is calculated as

ROE %=Net Income (A: Mar. 2025 )/( (Total Stockholders Equity (A: Mar. 2024 )+Total Stockholders Equity (A: Mar. 2025 ))/ count )
=26.795/( (234.835+391.584)/ 2 )
=26.795/313.2095
=8.55 %

Neelam Linens and Garments (India)'s annualized ROE % for the quarter that ended in Mar. 2025 is calculated as

ROE %=Net Income (Q: Mar. 2025 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Mar. 2025 ))/ count )
=26.795/( (234.835+391.584)/ 2 )
=26.795/313.2095
=8.55 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 8.55% mean?
Neelam Linens and Garments (India) (NSE:NEELAM) has a ROE % of 8.55% as of Mar. 2025. Return on equity is the ratio of current-period net income to average two-period total 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 ROE % has ranged from 3.55 to 22.63. According to the industry distribution chart, Neelam Linens and Garments (India) ranks #128 out of 425 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 30.1%.
Is Neelam Linens and Garments (India)'s ROE % too high?
Neelam Linens and Garments (India)'s current ROE % 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 ROE % is 4.51. Neelam Linens and Garments (India)'s value of 8.55% is 89.6% above this industry median. Based on the distribution chart, Neelam Linens and Garments (India) ranks #128 out of 425 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 ROE % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Neelam Linens and Garments (India) ranks #128 out of 425 companies for ROE %. This puts Neelam Linens and Garments (India) in the upper half of its industry. The industry median ROE % is 4.51. Neelam Linens and Garments (India)'s value of 8.55% is 89.6% above this benchmark. Historically, Neelam Linens and Garments (India)'s own ROE % 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 4.51, 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 ROE % for a Furnishings, Fixtures & Appliances company?
The median ROE % among Furnishings, Fixtures & Appliances companies is 4.51, based on 425 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Neelam Linens and Garments (India)'s current ROE % of 8.55% is 89.6% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Neelam Linens and Garments (India) and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROE % is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neelam Linens and Garments (India)'s current ROE % 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 ROE % of 8.55%. The current ROE % is 8.55%, which is 23% below median its 10-year median of 11.06 and 89.6% above the Furnishings, Fixtures & Appliances industry median of 4.51. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Neelam Linens and Garments (India) (NSE:NEELAM), the current ROE % 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

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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