K G Denim

Why is K G Denim Ltd falling/rising?

As of 19-Jun, K G Denim Ltd's stock price is rising to 15.85, up 2.39%, driven by strong relative performance and recent gains. Despite a year-to-date decline, the stock's positive short-term trend and favorable moving averages suggest potential recovery, although investor participation has decreased.

As of 19-Jun, K G Denim Ltd's stock price is rising, currently at 15.85, reflecting an increase of 0.37 or 2.39%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.89% today, indicating strong relative performance. Additionally, it has been on a positive trend, gaining for the last two days with a total return of 3.73% during this period.<BR><BR>In terms of recent performance, the stock has shown a significant increase of 5.95% over the past week, which is notably higher than the Sensex's gain of 1.69%. Although the year-to-date performance shows a decline of 6.10%, the recent short-term gains suggest a potential recovery phase. Furthermore, the stock's current price is above its 5-day, 20-day, 50-day, and 100-day moving averages, which typically indicates a bullish trend, although it remains below the 200-day moving average.<BR><BR>However, it is important to note that there has been a decline in investor participation, with delivery volume decreasing by 10.78% compared to the 5-day average. Despite this, the stock remains liquid enough for trading, which may contribute to its current upward price movement. Overall, the combination of recent gains, relative outperformance, and favorable moving averages supports the rise in K G Denim Ltd's stock price.

Which are the latest news on K G Denim?

What does K G Denim do?

K G Denim Ltd is a micro-cap manufacturer in the Garments & Apparels industry, incorporated in 1992, with recent quarterly net sales of 12 Cr and net profit of 5 Cr as of March 2026. The company has a market cap of INR 42 Cr and operates with a negative debt equity ratio of -26.24.

Overview: <BR>K G Denim Ltd is a leading manufacturer in the Garments & Apparels industry, operating within the Micro Cap market segment.<BR><BR>History: <BR>Incorporated as a public limited company in June 1992, K G Denim Ltd began commercial production in January 1994. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 12 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 5 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 42 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -26.24 <BR>Return on Equity: 5.19% <BR>Price to Book: -4.09<BR><BR>Contact Details: <BR>Address: Then Thirumalai, Jadayampalayam Coimbatore Tamil Nadu : 641302 <BR>Tel: 91-4254-304300/235300 <BR>Email: cskgdl@kgdenim.in <BR>Website: http://www.kgdenim.com

How big is K G Denim?

As of 10th June, K G Denim Ltd has a market capitalization of 42.00 Cr, with net sales of 42.04 Cr and a net loss of 0.52 Cr over the latest four quarters. The company reported shareholder's funds of -8.41 Cr and total assets of 311.17 Cr as of March 2025.

As of 10th June, K G Denim Ltd has a market capitalization of 42.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, K G Denim reported net sales of 42.04 Cr. However, the company experienced a net loss of 0.52 Cr during this period.<BR><BR>The latest annual reporting period for K G Denim is March 2025. During this time, the company reported shareholder's funds of -8.41 Cr and total assets amounting to 311.17 Cr.

Who are in the management team of K G Denim?

The management team of K G Denim includes K G Baalakrishnan (Executive Chairman), B Sriramulu and B Srihari (Managing Directors), along with several independent and non-executive directors, and a Company Secretary. They oversee the company's operations and strategic direction.

The management team of K G Denim includes the following individuals:<BR><BR>1. K G Baalakrishnan - Executive Chairman<BR>2. B Sriramulu - Managing Director<BR>3. B Srihari - Managing Director<BR>4. A Velusamy - Independent Director<BR>5. A P Seturaaman - Independent Director<BR>6. P Krishnaveni - Company Secretary & Compliance Officer<BR>7. N Govindarajan - Non-Executive Director<BR>8. Jaganmohan Ramachandran - Independent Director<BR>9. Lakshmi Pattabi Raman - Independent Director<BR>10. Ramaswamy Selvakumar - Whole-time Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the K G Denim?

K G Denim's peers include Avax Apparels, Wires & Fabriks, Dhanlaxmi Fabric, and others. Avax Apparels shows excellent management and growth, while K G Denim has below average growth and a 1-year return of -8.69%.

Peers: The peers of K G Denim are Wires & Fabriks, Avax Apparels, Dhanlaxmi Fabric, MKP Mobility, GTN Industries, H P Cotton Tex, Sri Ramakr. Mill, Gokak Textiles, PBM Polytex, and Jet Knitwears.<BR><BR>Quality Snapshot: Excellent management risk is observed at Avax Apparels, while Average management risk is found at Wires & Fabriks, MKP Mobility, GTN Industries, H P Cotton Tex, K G Denim, Sri Ramakr. Mill, and the rest. Below Average management risk is noted for Dhanlaxmi Fabric and PBM Polytex. In terms of Growth, Excellent growth is seen at Avax Apparels, Good growth at Wires & Fabriks, H P Cotton Tex, and Sri Ramakr. Mill, while K G Denim, Dhanlaxmi Fabric, GTN Industries, PBM Polytex, and the rest show Below Average growth. Capital Structure ratings reveal Good capital structure at Avax Apparels and PBM Polytex, while Below Average capital structure is present at Wires & Fabriks, Dhanlaxmi Fabric, GTN Industries, H P Cotton Tex, K G Denim, and the rest.<BR><BR>Return Snapshot: Avax Apparels has the highest 1-year return at 564.01%, while Gokak Textiles has the lowest at -46.36%. K G Denim's 1-year return of -8.69% is significantly lower than Avax Apparels and higher than Gokak Textiles. Additionally, the six-month return is negative for Wires & Fabriks, Dhanlaxmi Fabric, GTN Industries, H P Cotton Tex, and PBM Polytex.

Should I buy, sell or hold K G Denim Ltd?

When is the next results date for K G Denim Ltd?

The next results date for K G Denim Ltd is 29 May 2026.

The next results date for K G Denim Ltd is scheduled for 29 May 2026.

Are K G Denim Ltd latest results good or bad?

K G Denim Ltd's latest results show a profit of ₹1.82 crores in Q2 FY26, a recovery from the previous quarter's loss, but this is overshadowed by a 46.54% year-on-year revenue decline and a negative net worth of ₹-8.41 crores, indicating significant operational challenges and a need for restructuring. Overall, the financial health of the company remains precarious.

K G Denim Ltd's latest results present a mixed picture, but overall, they indicate significant challenges. In Q2 FY26, the company reported a net profit of ₹1.82 crores, a positive turnaround from the loss of ₹3.25 crores in the previous quarter (Q1 FY26). However, this profit comes with a stark year-on-year decline of 115.04%, as it contrasts sharply with a loss of ₹12.25 crores in Q2 FY25.<BR><BR>Revenue for the same quarter was ₹8.04 crores, which reflects a concerning 46.54% decline compared to the previous year and a 41.61% drop from the prior quarter. This drastic revenue contraction raises alarms about the company's operational viability, especially given that sales have plummeted from ₹66.00 crores in March 2024 to single-digit figures in recent quarters.<BR><BR>While the operating margin of 156.22% appears impressive, it is essential to note that this figure is likely influenced by one-time benefits or accounting adjustments rather than sustainable operational improvements. The company is grappling with structural weaknesses, as evidenced by its negative net worth of ₹-8.41 crores and significant debt burden.<BR><BR>In summary, while K G Denim has managed to achieve a profit in the latest quarter, the overall financial health of the company remains precarious, characterized by declining revenues, negative net worth, and ongoing operational challenges. This situation suggests that the results are not fundamentally strong and indicate a need for serious restructuring and improvement to ensure long-term viability.

How has been the historical performance of K G Denim?

K G Denim has experienced a significant decline in financial performance, with net sales dropping from 532.55 crore in March 2023 to 65.47 crore in March 2025, resulting in escalating losses and a negative book value per share of -3.28. The company's financial health is precarious, marked by negative cash flow and increasing total expenditures.

Answer:<BR>The historical performance of K G Denim shows a significant decline in net sales and profitability over the years, culminating in a challenging financial position by March 2025.<BR><BR>Breakdown:<BR>K G Denim's net sales have decreased sharply from 532.55 crore in March 2023 to just 65.47 crore in March 2025, reflecting a downward trend over the years. The total operating income followed a similar trajectory, dropping from 611.57 crore in March 2022 to 65.47 crore in March 2025. This decline in revenue has been accompanied by escalating total expenditures, which reached 101.41 crore in March 2025, leading to an operating profit (PBDIT) of -28.09 crore. The company has faced increasing losses, with profit before tax plummeting to -46.82 crore in March 2025, compared to -7.47 crore in March 2022. Consequently, the profit after tax also worsened, resulting in a loss of -35.79 crore in March 2025. The company's financial health is further illustrated by a negative book value per share of -3.28 in March 2025, down from 18.1 in March 2023. Total liabilities have decreased to 311.17 crore, while total assets also fell to 311.17 crore, indicating a precarious balance sheet. Cash flow from operating activities turned negative at -1.00 crore in March 2025, contrasting sharply with positive cash flows in prior years. Overall, K G Denim's financial performance has deteriorated significantly, highlighting ongoing operational and financial challenges.

Who are the top shareholders of the K G Denim?

The top shareholders of K G Denim include Sri Kannapiran Mills Limited with 12.74%, followed by public shareholder Shivani T. Trivedi at 3.25%, and individual investors collectively holding 33.91%. There are also two mutual fund schemes with 0.01% ownership, and no foreign institutional investors are involved.

The top shareholders of K G Denim include the promoters, who hold the majority of the shares. The promoter with the highest holding is Sri Kannapiran Mills Limited, which owns 12.74% of the company. In terms of public shareholders, Shivani T. Trivedi is the highest, holding 3.25%. Additionally, individual investors collectively hold 33.91% of the shares. There are also two mutual fund schemes that hold a very small percentage, specifically 0.01%, while there are no foreign institutional investors (FIIs) involved.

Is K G Denim overvalued or undervalued?

As of April 25, 2023, K G Denim is considered overvalued and risky due to its negative PE ratio, poor financial metrics compared to peers, and a significant decline in stock price, indicating that investors should exercise caution.

As of 25 April 2023, K G Denim's valuation grade has moved from does not qualify to risky, indicating a significant shift in its financial standing. The company appears to be overvalued given its negative PE ratio of -0.80, an EV to EBITDA of -7.37, and a troubling ROCE of -21.21%. These ratios suggest that the company is struggling to generate positive returns and is not performing well compared to its peers.<BR><BR>In comparison with its industry, K G Denim's valuation metrics are concerning, especially when contrasted with peers such as Arvind Ltd, which has a PE ratio of 25.5 and an EV to EBITDA of 10.2, indicating a healthier financial position. The company's current price of 17.10 is significantly below its 52-week high of 29.38, reflecting a downward trend that aligns with its poor year-to-date return of -31.33%, compared to the Sensex's positive return of 5.61%. Overall, K G Denim is overvalued in its current state, and investors should exercise caution.

What is the technical trend for K G Denim?

As of May 15, 2025, K G Denim's technical trend is mildly bearish, with conflicting indicators showing a mildly bullish weekly MACD and KST, but bearish monthly MACD and moving averages.

As of 15 May 2025, the technical trend for K G Denim has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The daily moving averages are mildly bearish, and both the weekly and monthly Bollinger Bands are bearish. The KST shows a mildly bullish signal on the weekly chart but is bearish on the monthly. Dow Theory supports a mildly bullish outlook on both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and Bollinger Bands, despite some mildly bullish indicators on the weekly charts.

Has K G Denim declared dividend?

K G Denim Ltd has declared a 7% dividend, amounting to 0.7 per share, with an ex-date of September 17, 2019. However, total returns over various periods show significant price declines, with no additional dividend returns contributing to performance.

K G Denim Ltd has declared a 7% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 7%<BR>- Amount per share: 0.7<BR>- Ex-date: 17 Sep 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -34.41%, the dividend return was 0%, resulting in a total return of -34.41%.<BR><BR>In the 1-year period, the price return was -34.49%, the dividend return was 0%, leading to a total return of -34.49%.<BR><BR>For the 2-year period, the price return was -36.77%, the dividend return was 0%, which resulted in a total return of -36.77%.<BR><BR>During the 3-year period, the price return was -56.65%, the dividend return was 0%, culminating in a total return of -56.65%.<BR><BR>In the 4-year period, the price return was -57.56%, the dividend return was 0%, resulting in a total return of -57.56%.<BR><BR>Over the 5-year period, the price return was -23.93%, the dividend return was 0%, leading to a total return of -23.93%.<BR><BR>Overall, K G Denim Ltd has declared a dividend, but the total returns over various periods indicate significant declines in price, with no additional dividend returns contributing to the overall performance.