New Light Apparels Ltd

New Light Appare Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

New Light Apparels Ltd

₹ 11.8 -4.98%
24 Dec 9:00 a.m.
newlightapparels.com BSE: 540243
About

Incorporated in 1959, New Light Apparels Ltd is a manufacturer and exporter of Apparels[1]

Key Points

Business Overview:[1]
Company deals in school uniforms, center and state government education programs and their sponsorship programs. It also deals in corporate and private dress materials and other textile materials

Website BSE
  • Market Cap ₹ 104 Cr.
  • Current Price ₹ 11.8
  • High / Low ₹ 14.1 / 1.50
  • Stock P/E 135
  • Book Value ₹ 1.59
  • Dividend Yield 0.00 %
  • ROCE 5.90 %
  • ROE 14.7 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Debtor days have improved from 314 to 160 days.

Cons

  • Stock is trading at 7.85 times its book value
  • The company has delivered a poor sales growth of -11.6% over past five years.
  • Promoter holding is low: 5.69%
  • Company has a low return on equity of -17.0% over last 3 years.
  • Company has high debtors of 160 days.
  • Promoter holding has decreased over last 3 years: -38.0%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.25 1.67 1.68 0.20 0.51 3.75 1.43 0.59 1.24 4.34 5.88 0.72 5.42
0.23 2.58 2.26 0.32 0.73 3.09 2.33 0.56 1.27 4.30 5.61 0.68 5.07
Operating Profit 0.02 -0.91 -0.58 -0.12 -0.22 0.66 -0.90 0.03 -0.03 0.04 0.27 0.04 0.35
OPM % 8.00% -54.49% -34.52% -60.00% -43.14% 17.60% -62.94% 5.08% -2.42% 0.92% 4.59% 5.56% 6.46%
0.00 0.00 0.00 0.14 0.08 0.00 0.01 0.00 0.00 0.00 0.12 0.00 0.00
Interest 0.01 0.04 0.07 0.06 0.04 0.01 0.02 0.01 0.02 0.01 0.00 0.00 0.00
Depreciation 0.00 0.01 0.06 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Profit before tax 0.01 -0.96 -0.71 -0.05 -0.19 0.64 -0.92 0.01 -0.06 0.02 0.38 0.03 0.34
Tax % 0.00% -26.04% -25.35% 0.00% 0.00% 15.62% 0.00% 0.00% 0.00% 50.00% 0.00% 0.00% 0.00%
0.01 -0.71 -0.52 -0.05 -0.18 0.53 -0.92 0.01 -0.05 0.02 0.38 0.03 0.34
EPS in Rs 0.00 -0.32 -0.24 -0.02 -0.08 0.24 -0.42 0.00 -0.02 0.01 0.17 0.00 0.04
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
5.19 5.43 4.49 7.23 7.52 11.99 22.55 12.17 19.87 6.19 6.11 12.16 16.36
4.75 5.03 4.14 7.11 7.40 11.80 21.97 11.84 19.51 7.54 6.45 11.73 15.66
Operating Profit 0.44 0.40 0.35 0.12 0.12 0.19 0.58 0.33 0.36 -1.35 -0.34 0.43 0.70
OPM % 8.48% 7.37% 7.80% 1.66% 1.60% 1.58% 2.57% 2.71% 1.81% -21.81% -5.56% 3.54% 4.28%
0.02 0.41 0.02 0.01 0.01 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.12
Interest 0.26 0.20 0.16 0.01 0.01 0.00 0.15 0.23 0.28 0.23 0.11 0.03 0.01
Depreciation 0.19 0.19 0.18 0.07 0.05 0.04 0.05 0.07 0.06 0.06 0.04 0.03 0.04
Profit before tax 0.01 0.42 0.03 0.05 0.07 0.17 0.39 0.03 0.02 -1.64 -0.49 0.37 0.77
Tax % 0.00% 11.90% 33.33% 40.00% 28.57% 29.41% 25.64% 33.33% 0.00% -26.22% 6.12% 0.00%
0.01 0.37 0.03 0.03 0.04 0.12 0.29 0.02 0.02 -1.21 -0.52 0.37 0.77
EPS in Rs 0.02 0.05 0.13 0.01 0.01 -0.55 -0.24 0.17 0.22
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 8%
5 Years: -12%
3 Years: -15%
TTM: 133%
Compounded Profit Growth
10 Years: 25%
5 Years: 6%
3 Years: 164%
TTM: 279%
Stock Price CAGR
10 Years: %
5 Years: 29%
3 Years: 56%
1 Year: 689%
Return on Equity
10 Years: -2%
5 Years: -8%
3 Years: -17%
Last Year: 15%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 2.72 2.72 2.72 2.72 2.72 2.20 2.20 2.20 2.20 2.20 2.20 2.20 7.82
Reserves 0.42 0.79 0.82 0.85 0.70 1.36 1.65 1.66 1.69 0.47 -0.47 1.10 4.59
1.93 1.44 0.19 0.11 0.13 0.39 2.91 2.96 4.00 3.96 4.51 4.01 0.10
0.65 0.61 1.22 2.33 3.10 5.07 9.64 5.27 4.57 4.90 5.08 4.03 2.05
Total Liabilities 5.72 5.56 4.95 6.01 6.65 9.02 16.40 12.09 12.46 11.53 11.32 11.34 14.56
1.27 0.99 0.35 0.28 0.23 0.17 0.30 0.23 0.17 0.14 0.11 0.12 0.10
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
4.45 4.57 4.60 5.73 6.42 8.85 16.10 11.86 12.29 11.39 11.21 11.22 14.46
Total Assets 5.72 5.56 4.95 6.01 6.65 9.02 16.40 12.09 12.46 11.53 11.32 11.34 14.56

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.24 0.31 0.95 2.01 -0.02 -0.38 0.27 0.05 -0.81 0.37 0.31 0.17
-0.21 -0.81 0.45 -1.93 0.01 0.12 -0.17 -0.01 0.00 -0.02 -0.01 -0.04
-0.17 0.50 -1.41 -0.08 0.01 0.26 0.04 -0.19 0.80 -0.25 -0.35 1.12
Net Cash Flow -0.15 0.00 -0.01 -0.01 0.00 0.01 0.15 -0.14 -0.01 0.10 -0.04 1.25

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 122.37 107.55 265.82 114.09 256.28 228.92 182.10 212.64 127.48 359.69 422.95 159.99
Inventory Days 212.77 203.97 41.13 53.59 53.37 43.26 77.44 139.97 89.21 163.48 114.97 110.75
Days Payable 48.96 37.99 106.93 80.98 165.02 138.71 155.79 144.66 80.27 176.85 269.51 121.89
Cash Conversion Cycle 286.17 273.53 200.02 86.70 144.63 133.47 103.74 207.95 136.42 346.33 268.40 148.85
Working Capital Days 216.61 246.69 243.06 154.48 159.69 113.55 101.00 191.95 134.28 373.26 358.43 176.20
ROCE % 5.37% 4.39% 3.92% 1.62% 2.21% 4.27% 9.90% 3.83% 4.08% -19.42% -5.91% 5.90%

Shareholding Pattern

Numbers in percentages

44 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
0.29% 0.29% 0.29% 0.28% 0.28% 0.28% 0.28% 0.28% 0.28% 0.28% 4.16% 5.69%
14.68% 14.93% 14.93% 14.93% 14.93% 14.93% 14.93% 14.93% 14.93% 14.93% 4.19% 1.10%
85.03% 84.78% 84.78% 84.79% 84.78% 84.79% 84.78% 84.78% 84.79% 84.79% 91.65% 93.22%
No. of Shareholders 3,7533,7393,6523,6853,5943,3753,1152,9822,9683,0292,9392,527

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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