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.

Are K G Denim latest results good or bad?

K G Denim's latest results show mixed performance; while profitability has improved with the highest PBT and PAT in five quarters, a 15.9% decline in net sales and a dramatic increase in interest costs raise concerns about overall financial health.

K G Denim's latest financial results indicate a mixed performance. On one hand, the company has shown some positive trends, such as achieving its highest Profit Before Tax (PBT) and Profit After Tax (PAT) in the last five quarters, with figures of Rs -8.78 crore and Rs -3.25 crore, respectively. This suggests a slight improvement in profitability compared to previous periods.<BR><BR>However, the overall financial performance remains concerning. The company reported a significant decline in net sales, which fell by 15.9% to Rs 13.77 crore compared to the average of the previous four quarters. Additionally, interest costs surged dramatically by over 1,253%, reaching Rs 27.35 crore, which could strain financial stability.<BR><BR>While the Debt-Equity Ratio has improved, indicating a reduction in borrowing relative to equity, the lowest points in both the Inventory Turnover Ratio and Debtors Turnover Ratio suggest challenges in managing inventory and collecting receivables.<BR><BR>In summary, while there are some signs of improvement, particularly in profitability metrics, the overall financial health of K G Denim appears to be under pressure due to declining sales and rising costs.

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.

Should I buy, sell or hold K G Denim?

Why is K G Denim Ltd falling/rising?

As of 11-Feb, K G Denim Ltd's stock price is rising to 16.15, reflecting a 0.25% increase. This short-term gain is supported by increased investor interest and outperformance against its sector, despite significant long-term declines.

As of 11-Feb, K G Denim Ltd's stock price is rising, currently at 16.15, reflecting a change of 0.04 (0.25%) upward. This increase can be attributed to several factors. Firstly, the stock has been gaining for the last three days, with a total return of 1.32% during this period. Additionally, it has outperformed its sector by 1.33% today, indicating a relative strength compared to its peers.<BR><BR>Investor participation has also increased, as evidenced by a delivery volume of 7.68k on 10 February, which is up by 20.88% compared to the 5-day average delivery volume. This suggests growing interest and confidence among investors in the stock. Furthermore, the current price is higher than the 5-day and 20-day moving averages, which can be a positive signal for traders looking for upward momentum.<BR><BR>However, it is important to note that despite the recent rise, the stock has shown a significant decline over longer periods, including a 30.36% drop over the past year and a 44.69% decrease over the last five years. Nonetheless, the short-term performance indicates a positive trend, contributing to the current rise in the stock price.

Which are the latest news on K G Denim?