K G Denim

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 Rs 47 Cr. As of March 2025, it reported net sales of 7 Cr and a net loss of 11 Cr.

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 Limited commenced commercial production in January 1994. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 7 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -11 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 47 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: -26.20 <BR>Return on Equity: 663.50% <BR>Price to Book: -5.32<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 in the management team of K G Denim?

As of March 2023, 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 are responsible for the company's governance and management.

As of March 2023, 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>These individuals play key roles in the governance and management of the company.

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.

Who are the peers of the K G Denim?

K G Denim's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Suryaamba Spinni, Mohit Industries, SVP Global, and H P Cotton Tex. K P R Mill Ltd and Page Industries show excellent management and growth, while K G Denim has a 1-year return of -37.09%, lower than its peers.

Peers: The peers of K G Denim are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Suryaamba Spinni, Mohit Industries, SVP Global, H P Cotton Tex.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is noted for Trident and Suryaamba Spinni, and the rest have Below Average management risk, including Mohit Industries, SVP Global, and H P Cotton Tex. Growth is Excellent for K P R Mill Ltd and Page Industries, Good for Trent, Average for H P Cotton Tex, and Below Average for the rest. Capital Structure is Excellent for K P R Mill Ltd and Page Industries, Good for Trent, Average for Suryaamba Spinni, and Below Average for the remaining peers.<BR><BR>Return Snapshot: K P R Mill Ltd has the highest 1-year return at 41.09%, while Vedant Fashions has the lowest at -24.67%. K G Denim's 1-year return is -37.09%, which is lower than both. Additionally, the peers with negative six-month returns include K G Denim, Vedant Fashions, Trident, SVP Global, and Mohit Industries.

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.

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.

How big is K G Denim?

As of 24th July, K G Denim Ltd has a market capitalization of 42.00 Cr and reported Net Sales of 65.46 Cr, with a Net Profit loss of 35.40 Cr over the latest four quarters. Shareholder's Funds were 22.88 Cr and Total Assets were 387.59 Cr as of March 2024.

As of 24th July, 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 65.46 Cr. However, the company experienced a loss of 35.40 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024, where Shareholder's Funds amounted to 22.88 Cr and Total Assets were reported at 387.59 Cr.

When is the next results date for K G Denim?

K G Denim will announce its results on 14 November 2025.

K G Denim is scheduled to declare its results on 14 November 2025.

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.

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.

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

Why is K G Denim Ltd falling/rising?

As of 16-Mar, K G Denim Ltd's stock price is Rs 14.00, reflecting a 1.13% decrease and a bearish trend as it trades below key moving averages. The stock has declined significantly over various time frames, with a year-to-date drop of 17.06% and a year-over-year decline of 24.12%, alongside a notable decrease in investor participation.

As of 16-Mar, K G Denim Ltd's stock price is falling, currently at Rs 14.00, which reflects a decrease of Rs 0.16 or 1.13%. The stock has been on a downward trend, having lost 3.91% over the last two days. Additionally, it is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>The stock's performance over the past week shows a decline of 1.96%, which is better than the Sensex's drop of 2.66%, but the longer-term performance is concerning. Over the past month, K G Denim has decreased by 9.85%, compared to a 9.34% decline in the Sensex. Year-to-date, the stock has fallen by 17.06%, significantly worse than the Sensex's 11.40% decline. Over the past year, K G Denim's stock has plummeted by 24.12%, while the Sensex has gained 2.27%. The three-year and five-year comparisons are even more alarming, with the stock down 46.56% and 55.70%, respectively, against the Sensex's gains of 31.00% and 49.91%.<BR><BR>Investor participation has also been declining, as evidenced by a significant drop in delivery volume, which fell by 96.98% compared to the five-day average. This lack of interest from investors further contributes to the stock's downward movement. Overall, the combination of poor performance metrics, declining investor participation, and trading below key moving averages indicates that K G Denim Ltd's stock is experiencing a downward trend.

Which are the latest news on K G Denim?