Is New Light Indust overvalued or undervalued?

As of 19 November 2025, the valuation grade for New Light Industries has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 13.30, an EV to EBITDA of 14.36, and a PEG ratio of 0.53, which suggests that the stock may be reasonably priced relative to its growth potential.
In comparison to its peers, New Light Industries stands out with a lower PE ratio than K P R Mill Ltd, which is considered very expensive at 45.22, and is also more favorable than Swan Corp, which has a PE of 25.14. Other peers like Vardhman Textile, which has a PE of 15.8, and Welspun Living at 37.57, further reinforce the fair valuation of New Light Industries. Despite recent stock performance lagging behind the Sensex, particularly with a significant decline of 87.2% over the past year, the current valuation metrics suggest that the company is positioned fairly within its industry.