K G Denim

Which are the latest news on K G Denim?

Why is K G Denim Ltd falling/rising?

As of 05-Sep, K G Denim Ltd's stock price is rising to 14.45, driven by better sector performance, consecutive gains, and increased investor interest, despite trading below key moving averages.

As of 05-Sep, K G Denim Ltd's stock price is rising, currently at 14.45, with a change of 0.14 (0.98%) upward. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 0.58% today, indicating a relative strength compared to its peers. Additionally, K G Denim has shown consecutive gains over the last two days, with a total return of 2.41% during this period, suggesting positive momentum.<BR><BR>Moreover, there has been a notable increase in investor participation, as evidenced by a delivery volume of 4.06 k on September 3, which has risen by 90.32% against the 5-day average delivery volume. This heightened activity indicates growing interest in the stock, which can contribute to upward price movement.<BR><BR>However, it is important to note that K G Denim is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests that while the stock is experiencing a short-term rise, it may still be facing longer-term challenges.<BR><BR>In summary, the stock's recent rise can be attributed to improved performance relative to its sector, consecutive gains, and increased investor participation, despite its position below key moving averages.

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 members:<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.

What does K G Denim do?

K G Denim Ltd is a manufacturer of denim and apparel fabrics, established in 1992, with a market cap of INR 38 Cr and reported net sales of 5 Cr and net profit of 9 Cr for June 2026. The company operates in the Micro Cap segment of the Garments & Apparels industry.

Overview:<BR>K G Denim Ltd is a leading manufacturer of denim fabrics, apparel fabrics, home textiles, and garments, operating in the Garments & Apparels industry within the Micro Cap market segment.<BR><BR>History:<BR>Incorporated as a public limited company in June 1992, K G Denim Ltd commenced commercial production in January 1994. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 5 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 9 Cr (Quarterly Results - Jun 2026) <BR>Market-cap: INR 38 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 3.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -26.24 <BR>Return on Equity: 5.19% <BR>Price to Book: -3.73 <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

Who are the peers of the K G Denim?

K G Denim's peers include RSC International, Sri Ramakrishna Mills, Jaihind Industries, Anjani Synth, Trident Texofab, Morarjee Textiles, Mohit Industries, Suryaamba Spinning, Avax Apparels, and Vaxtex Cotfab. K G Denim has below-average growth and a 1-year return of -25.01%, better than Jaihind Industries (-30.24%) but worse than RSC International (44.37%).

Peers: The peers of K G Denim are RSC Internl., Sri Ramakr. Mill, Jaihind Industri, Anjani Synth., Trident Texofab, Morarjee Text., Mohit Industries, Suryaamba Spinni, Avax Apparels, and Vaxtex Cotfab.<BR><BR>Quality Snapshot: Excellent management risk is observed at Avax Apparels, while Average management risk is found at Sri Ramakr. Mill, Morarjee Text., and Suryaamba Spinni. Below Average management risk is present at RSC Internl., Anjani Synth., Trident Texofab, Mohit Industries, and the rest. Good growth is noted at Avax Apparels, while Good growth is found at Sri Ramakr. Mill. Below Average growth is observed at K G Denim, RSC Internl., Anjani Synth., Trident Texofab, Mohit Industries, and the rest. Jaihind Industri does not qualify for growth assessment. Average capital structure is seen at Suryaamba Spinni and Morarjee Text., while Below Average capital structure is present at RSC Internl., Sri Ramakr. Mill, Jaihind Industri, Anjani Synth., K G Denim, Trident Texofab, Mohit Industries, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is RSC Internl. at 44.37%, while the peer with the lowest is Jaihind Industri at -30.24%. K G Denim's 1-year return is -25.01%, which is higher than Jaihind Industri's but lower than RSC Internl.'s. Additionally, several peers, including Trident Texofab, Mohit Industries, Suryaamba Spinni, and Avax Apparels, have negative six-month returns.

How big is K G Denim?

As of 31st August, K G Denim Ltd has a market capitalization of 38.00 Cr, with recent net sales of 33.13 Cr and a net profit of 11.33 Cr. The company reported shareholder's funds of -8.41 Cr and total assets of 311.17 Cr as of March 2025.

As of 31st August, K G Denim Ltd has a market capitalization of 38.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, K G Denim reported Net Sales of 33.13 Cr and a Net Profit of 11.33 Cr.<BR><BR>As of the latest annual period in March 2025, the company had Shareholder's Funds of -8.41 Cr and Total Assets of 311.17 Cr.

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

Are K G Denim Ltd latest results good or bad?

K G Denim Ltd's latest results show a net profit of ₹5.11 crores and a 60.94% revenue increase, but these gains are largely due to non-operating income, with a negative operating profit margin and a negative book value per share, indicating serious financial concerns and a lack of sustainable profitability.

K G Denim Ltd's latest results present a mixed picture, but overall, they raise significant concerns. In Q4 FY26, the company reported a net profit of ₹5.11 crores, a notable improvement from a loss of ₹4.20 crores in the previous quarter. Revenue also grew impressively by 60.94% year-on-year, reaching ₹11.70 crores. However, this apparent success is overshadowed by deeper issues.<BR><BR>The profit is largely driven by non-operating income, which accounted for a staggering 132.82% of profit before tax. This reliance on extraordinary items highlights a troubling lack of sustainable operational profitability. The company's operating profit margin remains negative at -2.14%, indicating ongoing challenges in its core manufacturing operations.<BR><BR>Moreover, K G Denim has a negative book value of ₹-3.28 per share, reflecting complete equity erosion and raising serious questions about its financial viability. The debt-to-equity ratio of -26.20 further underscores the company's precarious financial position.<BR><BR>While the quarterly profit and revenue growth may seem positive at first glance, they are not indicative of a healthy or sustainable business model. The significant operational losses and dependence on non-operating income suggest that the company is in a precarious situation, making the latest results more concerning than encouraging.

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.

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.