New Light Indust

Why is New Light Industries Ltd falling/rising?

As of 09-Jun, New Light Industries Ltd's stock price is declining, currently at 1.36, down 2.16%. The stock has experienced significant drops over various time frames, indicating a bearish trend and reduced investor participation.

As of 09-Jun, New Light Industries Ltd's stock price is falling, currently at 1.36, which reflects a decrease of 0.03 or 2.16%. This decline is evidenced by the stock's performance today, where it underperformed the sector by 0.97%. Over the past month, the stock has seen a significant drop of 10.53%, while the benchmark Sensex has only decreased by 4.41%. Year-to-date, the stock is down 4.23%, contrasting with the Sensex's decline of 13.26%. <BR><BR>Additionally, the stock has shown a substantial decline over the past year, with a decrease of 32.67%, compared to the Sensex's drop of 10.34%. The three-year and five-year performances also indicate a negative trend for New Light Industries Ltd, with declines of 30.61% and 31.31%, respectively, while the Sensex has increased by 18.03% and 42.31% in the same periods.<BR><BR>Investor participation appears to be falling, as indicated by a delivery volume of 24.68k on June 8, which has decreased by 65.7% compared to the five-day average. This drop in participation may contribute to the stock's declining price. Furthermore, while the stock is trading higher than its 5-day and 100-day moving averages, it is below its 20-day, 50-day, and 200-day moving averages, suggesting a bearish trend. Overall, these factors collectively explain the current downward movement in New Light Industries Ltd's stock price.

Which are the latest news on New Light Indust?

Should I buy, sell or hold New Light Industries Ltd?

Are New Light Industries Ltd latest results good or bad?

New Light Industries Ltd's latest results are concerning, showing a 63.50% drop in revenue and a 59.09% decline in net profit in Q4 FY26, indicating significant operational challenges. The stock has underperformed, and the overall outlook appears bleak, suggesting caution for investors.

The latest results for New Light Industries Ltd are concerning and indicate a troubling trend. In Q4 FY26, the company reported a significant decline in both revenue and net profit, with revenue dropping by 63.50% year-over-year to ₹1.23 crores and net profit decreasing by 59.09% to ₹0.09 crores. This sharp decline in revenue reflects severe operational challenges and suggests fundamental issues within the business model.<BR><BR>Additionally, the operating margin has fallen to a mere 0.81%, the lowest in eight quarters, indicating significant margin compression. While the profit after tax margin improved to 7.32%, this was largely due to exceptional income, raising questions about the sustainability of earnings.<BR><BR>The stock has also underperformed, declining 9.80% over the past year and trading 39.21% below its 52-week high. The promoter's stake has decreased significantly, which may signal a lack of confidence in the company's future prospects.<BR><BR>Overall, the results are indicative of a company in distress, facing multiple challenges that could hinder its recovery and growth potential. Investors should approach with caution, as the outlook appears bleak.

When is the next results date for New Light Industries Ltd?

The next results date for New Light Industries Ltd is 30 May 2026.

The next results date for New Light Industries Ltd is scheduled for 30 May 2026.

Is New Light Indust overvalued or undervalued?

As of November 24, 2025, New Light Industries is considered undervalued with a favorable valuation grade shift to attractive, reflected by a PE ratio of 12.90, a price-to-book value of 0.95, and a PEG ratio of 0.51, especially when compared to peers like K P R Mill Ltd and Trident, despite a significant negative return of -88.06% over the past year.

As of 24 November 2025, the valuation grade for New Light Industries has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, with a price-to-earnings (PE) ratio of 12.90, a price-to-book value of 0.95, and a PEG ratio of 0.51, which suggests strong growth potential relative to its price. <BR><BR>In comparison to peers, New Light Industries stands out favorably against K P R Mill Ltd, which is deemed very expensive with a PE ratio of 45.3, and Trident, which is rated fair with a PE of 32.22. Notably, the company's return over the past year has been significantly negative at -88.06%, contrasting sharply with the Sensex's positive return of 7.31%, further supporting the argument for its undervaluation.

How has been the historical performance of New Light Indust?

New Light Indust has shown significant growth in net sales and profitability from Mar'23 to Mar'25, with net sales increasing from 5.89 Cr to 17.25 Cr and profit after tax turning from a loss of 0.52 Cr to a profit of 1.14 Cr. However, cash flow from operating activities remains negative at -7.00 Cr as of Mar'25.

Answer:<BR>The historical performance of New Light Indust shows significant fluctuations in its financial metrics over the years.<BR><BR>Breakdown:<BR>New Light Indust's net sales have increased from 5.89 Cr in Mar'23 to 17.25 Cr in Mar'25, indicating a strong growth trend. Total operating income followed a similar trajectory, rising from 5.89 Cr in Mar'23 to 17.25 Cr in Mar'25. However, total expenditure also increased, from 6.48 Cr in Mar'23 to 16.18 Cr in Mar'25. Operating profit (PBDIT) improved from a loss of 0.59 Cr in Mar'23 to a profit of 1.07 Cr in Mar'25, reflecting a positive shift in profitability. Profit before tax also turned positive, reaching 1.01 Cr in Mar'25, compared to a loss of 0.52 Cr in Mar'23. Consequently, profit after tax rose from a loss of 0.52 Cr in Mar'23 to a profit of 1.14 Cr in Mar'25. The company's total assets increased from 11.31 Cr in Mar'23 to 14.91 Cr in Mar'25, while total liabilities rose from 11.33 Cr to 14.91 Cr in the same period. Cash flow from operating activities remained negative at -7.00 Cr in Mar'25, although cash flow from financing activities improved to 6.00 Cr. Overall, New Light Indust has shown a recovery in sales and profitability, despite challenges in cash flow management.

How big is New Light Appare?

As of 24th July, New Light Apparels Ltd has a market capitalization of 18.00 Cr, with net sales of 17.24 Cr and a net profit of 1.14 Cr over the latest four quarters. The balance sheet for March 2024 shows shareholder's funds of 3.30 Cr and total assets of 11.33 Cr.

As of 24th July, New Light Apparels Ltd has a market capitalization of 18.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, New Light Apparels Ltd reported Net Sales of 17.24 Cr and a Net Profit of 1.14 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 3.30 Cr and Total Assets of 11.33 Cr.

What does New Light Appare do?

New Light Apparels Ltd, a Micro Cap company established in 1995, operates in the Trading & Distributors industry, reporting net sales of 34 Cr and a net profit of 2 Cr for March 2025. Key metrics include a P/E of 15.00 and a market cap of INR 17 Cr.

Overview: <BR>New Light Apparels Ltd operates in the Trading & Distributors industry and is classified as a Micro Cap company.<BR><BR>History: <BR>Incorporated in 1995, New Light Apparels Ltd took over the running business of 'New Light Hosiery Manufacturing Works.' The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 34 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 17 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 15.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.02 <BR>Return on Equity: 7.92% <BR>Price to Book: 1.16 <BR><BR>Contact Details: <BR>Address: GC-29 Basement, Shivaji Enclave Raja Garden Delhi Delhi : 110027 <BR>Tel: 91-11-45613885 <BR>Email: newlight.apparels@gmail.com <BR>Website: http://www.newlightapparels.com

Who are the top shareholders of the New Light Appare?

The top shareholders of New Light Appare include promoter Sandeep Makkad with 1.19% and public shareholder Manoj Agrawal (HUF) with 9.94%. Individual investors hold 77.84% of the shares, with no mutual funds or foreign institutional investors involved.

The top shareholders of New Light Appare include Sandeep Makkad, who is the promoter with the highest holding at 1.19%. The highest public shareholder is Manoj Agrawal (HUF), holding 9.94%. Additionally, individual investors collectively hold a significant portion of the company, accounting for 77.84% of the shares. There are no mutual funds or foreign institutional investors currently holding shares in the company, and there are no pledged promoter holdings.

What is the technical trend for New Light Appare?

As of June 6, 2025, New Light Appare's technical trend has shifted to a bearish stance with moderate strength, driven by bearish indicators across multiple timeframes and a lack of momentum in the RSI.

As of 6 June 2025, the technical trend for New Light Appare has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on the weekly timeframe, bearish moving averages on the daily timeframe, and a bearish KST on the weekly. The Bollinger Bands and Dow Theory also indicate a mildly bearish trend on both weekly and monthly timeframes. The RSI shows no signals, suggesting a lack of momentum in either direction. Overall, the technical outlook remains negative, particularly in the short term.

Who are in the management team of New Light Appare?

As of March 2022, the management team of New Light Appare includes Gurcharan Makkad, Meetu Makkad, Sandeep Makkad, and several independent directors: Sunil Grover, Rishita Sethi, and Sudesh Katyal, along with Suneel Sahu as Company Secretary. They oversee the company's operations and governance.

As of March 2022, the management team of New Light Appare includes the following individuals:<BR><BR>1. Gurcharan Makkad - Whole-time Director<BR>2. Meetu Makkad - Whole-time Director<BR>3. Sunil Grover - Independent Director<BR>4. Rishita Sethi - Independent Director<BR>5. Sandeep Makkad - Managing Director & CFO<BR>6. Sudesh Katyal - Independent Director<BR>7. Suneel Sahu - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and governance.

Has New Light Appare declared dividend?

No Dividend History Available

Who are the peers of the New Light Appare?

Peers of New Light Appare include Redington, MMTC, MSTC, Ravindra Energy, Risa International, Fruition Venture, Sh. Ganesh Elas., Catvision Ltd, and Vaxfab Enterprises. Redington shows excellent management and growth, while New Light Appare has a 1-year return of -11.58%, better than Fruition Venture's -51.53% but worse than Ravindra Energy's 142.31%.

Peers: The peers of New Light Appare are Redington, MMTC, MSTC, Ravindra Energy, Risa Internatio., Fruition Venture, Sh. Ganesh Elas., Catvision Ltd, and Vaxfab Enterp.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC, MSTC, Sh. Ganesh Elas., and Catvision Ltd, and the rest have Below Average management risk. Growth is Excellent at Redington, Below Average at MMTC, MSTC, Ravindra Energy, Fruition Venture, Sh. Ganesh Elas., Catvision Ltd, and Vaxfab Enterp., and the rest do not qualify. Capital Structure is Good at Redington and Sh. Ganesh Elas., Excellent at MSTC, and Below Average at MMTC, Ravindra Energy, New Light Appare, Fruition Venture, Catvision Ltd, and Vaxfab Enterp.<BR><BR>Return Snapshot: Ravindra Energy has the highest 1-year return at 142.31%, while Fruition Venture has the lowest at -51.53%. New Light Appare's 1-year return is -11.58%, which is higher than Fruition Venture's but lower than Ravindra Energy's. Additionally, MSTC, Ravindra Energy, Fruition Venture, Sh. Ganesh Elas., Catvision Ltd, and New Light Appare have negative six-month returns.