Kitex Garments

Why is Kitex Garments Ltd falling/rising?

As of 05-Aug, Kitex Garments Ltd's stock price is declining at 145.10, with significant underperformance compared to the Sensex. The company faces troubling financial metrics, including a -35.74% decline in operating profit and a high debt-to-EBITDA ratio, indicating weak long-term fundamentals and reduced investor interest.

As of 05-Aug, Kitex Garments Ltd is experiencing a decline in its stock price, currently at 145.10, which reflects a change of -1.25 (-0.85%). The stock has underperformed significantly compared to the benchmark Sensex, with a 1-week performance of -0.68% versus the Sensex's +1.19%, and a year-to-date decline of -20.17% compared to the Sensex's -7.79%. <BR><BR>The company's recent performance indicates a troubling trend, having fallen after three consecutive days of gains. It is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a bearish trend. Additionally, investor participation has decreased, with a delivery volume drop of -22.75% against the 5-day average, indicating reduced interest from investors.<BR><BR>Financially, Kitex Garments has reported very negative results, including a -35.74% decline in operating profit and a significant fall in net sales by -44.64%. The company has also recorded negative earnings before interest and taxes (EBIT) of Rs. -16.21 crore and has declared negative results for the last three consecutive quarters. This poor financial performance is compounded by a high debt-to-EBITDA ratio of 42.28 times, which reflects a low ability to service debt and weak long-term fundamental strength, evidenced by a -173.98% compound annual growth rate (CAGR) in operating profits over the last five years.<BR><BR>Overall, the combination of declining financial metrics, reduced investor interest, and underperformance relative to the market contributes to the falling stock price of Kitex Garments Ltd.

Which are the latest news on Kitex Garments?

How big is Kitex Garments?

As of 10th June, Kitex Garments Ltd has a market capitalization of 2,946.00 Cr, with net sales of 666.95 Cr and a net profit of 5.91 Cr over the latest four quarters. Shareholder's funds are valued at 1,032.99 Cr, and total assets amount to 2,582.25 Cr.

As of 10th June, <BR><BR>Market Cap: Kitex Garments Ltd has a market capitalization of 2,946.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 666.95 Cr, while the sum of Net Profit for the same period is 5.91 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds are valued at 1,032.99 Cr, and Total Assets amount to 2,582.25 Cr.

Who are in the management team of Kitex Garments?

The management team of Kitex Garments includes Sabu M Jacob (Chairman & Managing Director), Benni Joseph, Erumala Mathew Paulose, K L V Narayanan, Sindhu Chandrasekhar, C P Philipose, Sumi Francis (all Independent Directors), and Mithun Balagopala Shenoy and Dayana Joseph (Company Secretaries & Compliance Officers). They are responsible for the company's governance and strategic direction.

The management team of Kitex Garments includes the following individuals:<BR><BR>1. **Sabu M Jacob** - Chairman & Managing Director<BR>2. **Benni Joseph** - Independent Director<BR>3. **Erumala Mathew Paulose** - Independent Director<BR>4. **K L V Narayanan** - Director<BR>5. **Sindhu Chandrasekhar** - Whole-time Director<BR>6. **C P Philipose** - Independent Director<BR>7. **Mithun Balagopala Shenoy** - Company Secretary & Compliance Officer<BR>8. **Sumi Francis** - Independent Director<BR>9. **Dayana Joseph** - Company Secretary & Compliance Officer<BR><BR>This team plays a crucial role in the governance and strategic direction of the company.

Who are the peers of the Kitex Garments?

Kitex Garments' peers include PDS, Lux Industries, Sanathan Textile, City Pulse Multi, Nitin Spinners, Siyaram Silk, Jindal Worldwide, Kewal Kir.Cloth., Sangam India, and Bombay Dyeing. Kitex Garments has below-average management risk and growth, with a 1-year return of -49.81%, the lowest among its peers.

Peers: The peers of Kitex Garments are PDS, Lux Industries, Sanathan Textile, City Pulse Multi, Nitin Spinners, Siyaram Silk, Jindal Worldwide, Kewal Kir.Cloth., Sangam India, and Bombay Dyeing.<BR><BR>Quality Snapshot: Excellent management risk is observed at PDS and Kewal Kir.Cloth., while Average management risk is found at Lux Industries, Siyaram Silk, and Jindal Worldwide, and the rest. Below Average management risk is seen at Sanathan Textile, City Pulse Multi, Kitex Garments, and the rest. Growth is Excellent at Kewal Kir.Cloth., Good at Nitin Spinners, Siyaram Silk, City Pulse Multi, and Sangam India, Average at PDS, Lux Industries, Jindal Worldwide, and the rest, and Below Average at Sanathan Textile, Kitex Garments, and the rest. Capital Structure is Excellent at Lux Industries and Kewal Kir.Cloth., Good at PDS, City Pulse Multi, and the rest, Average at Nitin Spinners, Jindal Worldwide, and Kitex Garments, and Below Average at Sanathan Textile and Sangam India.<BR><BR>Return Snapshot: The peer with the highest 1-year return is City Pulse Multi at 72.30%, while the lowest is Kitex Garments at -49.81%. Kitex Garments' 1-year return is significantly lower than all its peers. Additionally, peers with a negative six-month return include PDS, Lux Industries, Sanathan Textile, City Pulse Multi, Jindal Worldwide, Kewal Kir.Cloth., and Bombay Dyeing.

What does Kitex Garments do?

Kitex Garments Ltd is an Indian manufacturer and exporter of knitted garments for infants and kids, established in 1992. As of March 2026, it reported net sales of ₹166 Cr and a net loss of ₹4 Cr, with a market cap of ₹2,946 Cr.

Overview:<BR>Kitex Garments Ltd is a leading Indian manufacturer and exporter of knitted garments for infants and kids, operating in the Garments & Apparels industry within the Small Cap market-cap bracket.<BR><BR>History:<BR>Kitex Garments Ltd was established in May 1992 as a 100% export-oriented unit. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 166 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -4 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 2,946 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.34% <BR>Debt-Equity: 1.02 <BR>Return on Equity: -1.13% <BR>Price to Book: 2.84<BR><BR>Contact Details:<BR>Address: P B No 5 ALwaye, Kizhakkambalam Kochi Kerala : 683562 <BR>Tel: 91-484-2682200(23 lines) <BR>Email: sect@kitexgarments.com <BR>Website: http://www.kitexgarments.com

Should I buy, sell or hold Kitex Garments Ltd?

Are Kitex Garments Ltd latest results good or bad?

Kitex Garments Ltd's latest Q4 FY26 results are concerning, showing a net profit decline of 111.83% to ₹-3.91 crore and a 44.64% drop in revenue to ₹166.17 crore. With operating margins collapsing and significant debt increases, the results indicate serious financial challenges for the company.

Kitex Garments Ltd's latest results for Q4 FY26 are concerning and indicate a significant decline in performance. The company reported a consolidated net profit of ₹-3.91 crore, which reflects a staggering year-on-year decrease of 111.83%. Revenue also fell sharply, down 44.64% to ₹166.17 crore compared to the same quarter last year.<BR><BR>Operating margins have collapsed to just 1.0%, down from 17.04% in the previous year, highlighting severe profitability issues. Additionally, interest costs have surged to a record high of ₹20.76 crore, exacerbating the company's financial strain.<BR><BR>Overall, the results suggest that Kitex is grappling with multiple challenges, including declining revenues, evaporating margins, and increasing debt levels. The stock has underperformed significantly over the past year, dropping 44.37%, which is much worse than the broader market and its sector. Given these factors, the latest results can be characterized as bad, raising serious questions about the company's future viability and strategic direction.

When is the next results date for Kitex Garments Ltd?

The next results date for Kitex Garments Ltd is 29 May 2026.

The next results date for Kitex Garments Ltd is scheduled for 29 May 2026.

Is Kitex Garments technically bullish or bearish?

As of December 1, 2025, Kitex Garments shows a mildly bearish trend due to daily moving averages, despite mixed signals from weekly and monthly indicators.

As of 1 December 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. The weekly MACD remains mildly bullish, but the monthly MACD is mildly bearish, suggesting mixed signals across different time frames. The Bollinger Bands show a mildly bullish stance on both weekly and monthly charts, but this is offset by the overall bearish trend indicated by the daily moving averages. The lack of clear trends in the Dow Theory and the KST also contributes to the neutral signals from the RSI and OBV. Overall, the strength of the bearish stance is mild, reflecting a cautious outlook for Kitex Garments in the near term.

How has been the historical performance of Kitex Garments?

Kitex Garments has shown significant growth in net sales and profits from March 2019 to March 2025, with net sales increasing from 606.80 crore to 982.80 crore and profit after tax rising from 81.27 crore to 135.75 crore. However, the company has faced challenges with rising expenditures and fluctuating cash flows during this period.

Answer:<BR>The historical performance of Kitex Garments shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Kitex Garments has experienced notable changes in its financial performance from March 2019 to March 2025. Net sales increased from 606.80 crore in March 2019 to 982.80 crore in March 2025, reflecting a strong upward trend. Total operating income followed a similar trajectory, rising from 606.80 crore in March 2019 to 982.80 crore in March 2025. However, total expenditure also rose significantly, from 468.13 crore in March 2019 to 782.04 crore in March 2025. Operating profit (PBDIT) increased from 161.14 crore in March 2019 to 219.30 crore in March 2025, indicating improved operational efficiency despite rising costs. Profit before tax showed a substantial increase from 130.00 crore in March 2019 to 189.54 crore in March 2025, while profit after tax rose from 81.27 crore to 135.75 crore in the same period. The company's total assets grew from 2,582.25 crore in March 2025, up from 1,133.99 crore in March 2023, and total liabilities also increased from 1,133.99 crore to 2,582.25 crore. Cash flow from operating activities fluctuated, with a notable increase to 54.00 crore in March 2025 from a negative cash flow of -38.00 crore in March 2024. Overall, Kitex Garments has shown growth in sales and profits, although it has faced challenges with rising expenditures and fluctuating cash flows.

Is Kitex Garments overvalued or undervalued?

As of November 10, 2025, Kitex Garments is considered overvalued with a PE ratio of 29.81 and an EV to EBITDA of 25.47, making it more expensive than peers like Vardhman Textile and Pearl Global Industries, despite a year-to-date return of -10.41%.

As of 10 November 2025, the valuation grade for Kitex Garments has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 29.81, an EV to EBITDA of 25.47, and a PEG ratio of 0.39, which suggests that while growth expectations are low, the stock price remains high relative to earnings growth.<BR><BR>In comparison to peers, Kitex Garments has a higher PE ratio than Vardhman Textile, which is attractive at 15, and is also more expensive than Pearl Global Industries, which has a PE of 25.84. Despite a recent decline in stock performance, with a year-to-date return of -10.41% compared to the Sensex's 6.91%, the company's valuation metrics indicate that it may not be a favorable investment at this time.

Who are the top shareholders of the Kitex Garments?

The top shareholders of Kitex Garments include promoter Sabu M Jacob with 0.0% ownership, C K G Super Market Limited holding 4.64%, and individual investors with a combined 30.34%. Additionally, 32 foreign institutional investors own 0.9%, while no mutual funds currently hold shares in the company.

The top shareholders of Kitex Garments include the promoters, with Sabu M Jacob being the promoter with the highest holding, although his specific percentage is noted as 0.0%. The highest public shareholder is C K G Super Market Limited, which holds 4.64% of the company's shares. Additionally, individual investors collectively hold 30.34% of the shares. There are also 32 foreign institutional investors (FIIs) that hold a total of 0.9% of the company. Notably, there are no mutual funds currently holding shares in Kitex Garments.

What is the bonus history of the Kitex Garments?

Kitex Garments has a history of issuing bonuses, with the latest being a 2:1 bonus announced for January 17, 2025, and a previous 2:5 bonus issued on June 22, 2017. This reflects the company's commitment to rewarding its shareholders.

Kitex Garments has a notable bonus history. The most recent bonus issue was a 2:1 bonus announced with an ex-date of January 17, 2025. Prior to that, on June 22, 2017, the company issued a bonus in a 2:5 ratio, with the record date being June 23, 2017. This indicates that Kitex Garments has been active in rewarding its shareholders through bonus issues over the years.

Has Kitex Garments declared dividend?

Yes, Kitex Garments Ltd has declared a 150% dividend, amounting to ₹1.5 per share, with an ex-date of September 20, 2024. The company has shown strong performance, with significant total returns over various periods, particularly in price appreciation.

Kitex Garments Ltd has declared a 150% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 150%<BR>- Amount per share: 1.5<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 0.18%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 17.66%, with no dividend return, resulting in a total return of 17.66%.<BR><BR>Over the past year, the price return was 336.53%, with a dividend return of 2.16%, leading to a total return of 338.69%.<BR><BR>In the 2-year period, the price return stood at 409.28%, with a dividend return of 5.36%, culminating in a total return of 414.64%.<BR><BR>For the 3-year period, the price return was 238.18%, with a dividend return of 6.50%, resulting in a total return of 244.68%.<BR><BR>In the last 4 years, the price return reached 651.53%, with a dividend return of 14.93%, yielding a total return of 666.46%.<BR><BR>Over the 5-year span, the price return was 651.86%, with a dividend return of 16.67%, leading to a total return of 668.53%.<BR><BR>Overall, Kitex Garments has declared a significant dividend, and the total returns over various periods indicate strong performance, particularly in price appreciation, suggesting a positive outlook for investors.