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New Light Apparels (BOM:540243) Growth Rank : 1 (As of Jun. 08, 2024)


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What is New Light Apparels Growth Rank?

New Light Apparels has the Growth Rank of 1.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.


Competitive Comparison of New Light Apparels's Growth Rank

For the Apparel Manufacturing subindustry, New Light Apparels's Growth Rank, along with its competitors' market caps and Growth Rank 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.


New Light Apparels's Growth Rank Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, New Light Apparels's Growth Rank distribution charts can be found below:

* The bar in red indicates where New Light Apparels's Growth Rank falls into.



New Light Apparels Growth Rank Related Terms

Thank you for viewing the detailed overview of New Light Apparels's Growth Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


New Light Apparels (BOM:540243) Business Description

Traded in Other Exchanges
N/A
Address
Shivaji Enclave, Raja Garden, GC 29, Basement, New Delhi, Delhi, IND, 110027
New Light Apparels 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.

New Light Apparels (BOM:540243) Headlines

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