Kitex Garments

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.

how big is Kitex Garments?

As of Jun 06, Kitex Garments Ltd has a market capitalization of 5,639.86 Cr, with recent net sales of 982.81 Cr and a net profit of 138.74 Cr. Shareholder's funds are valued at 904.59 Cr, and total assets amount to 1,925.12 Cr.

Market Cap: As of Jun 06, Kitex Garments Ltd has a market capitalization of 5,639.86 Cr, categorizing it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, Kitex Garments reported Net Sales of 982.81 Cr and a Net Profit of 138.74 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is also on a Consolidated basis for the latest annual period ending in Mar'24. The Shareholder's Funds are valued at 904.59 Cr, and the Total Assets amount to 1,925.12 Cr.

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.

Who are the peers of the Kitex Garments?

Peers of Kitex Garments include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, and others. Kitex Garments has an average management risk and a 1-year return of 326.63%, significantly higher than its peers.

Peers: The peers of Kitex Garments are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Indo Count Inds., Aditya Vision, Go Fashion (I), Lux Industries, and Sanathan Textile.<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, Indo Count Inds., and Aditya Vision. Average management risk is present at Trident, Kitex Garments, Go Fashion (I), Lux Industries, and Sanathan Textile. Growth is Excellent at Aditya Vision and Go Fashion (I), Good at K P R Mill Ltd and Trent, and Below Average at Page Industries, Vedant Fashions, Trident, Kitex Garments, Indo Count Inds., and Lux Industries. Capital Structure is Excellent at Page Industries, K P R Mill Ltd, and Lux Industries, Good at Trent, Kitex Garments, Indo Count Inds., and Go Fashion (I), and Below Average at Aditya Vision.<BR><BR>Return Snapshot: K P R Mill Ltd has the highest 1-year return at 41.29%, while Vedant Fashions has the lowest at -24.65%. Kitex Garments' 1-year return of 326.63% significantly exceeds both. Additionally, Vedant Fashions, Indo Count Inds., Trident, and Lux Industries all report negative six-month returns.

Who are in the management team of Kitex Garments?

As of March 2022, 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, Mithun Balagopala Shenoy, Sumi Francis, and Dayana Joseph. They oversee the company's operations and strategic direction.

As of March 2022, 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 is responsible for overseeing the company's operations and strategic direction.

What does Kitex Garments do?

Kitex Garments Ltd is a prominent Indian manufacturer and exporter of knitted garments for infants and kids, established in 1992. As of March 2025, it reported net sales of ₹3,002 Cr and a net profit of ₹330 Cr, with a market cap of ₹5,624 Cr.

Overview: <BR>Kitex Garments Ltd is a leading Indian manufacturer and exporter of knitted garments for infants and kids, operating within the Garments & Apparels industry and categorized as a Mid Cap company.<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 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 3,002 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 330 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 5,624 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 40.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.18% <BR>Debt-Equity: 0.84 <BR>Return on Equity: 14.46% <BR>Price to Book: 5.91<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

When is the next results date for Kitex Garments?

The next results date for Kitex Garments is August 4, 2025.

The next results date for Kitex Garments is scheduled for August 4, 2025.

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.

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 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.

Are Kitex Garments Ltd latest results good or bad?

Kitex Garments Ltd's latest results are concerning, showing a net loss of -₹1.55 crore in Q2 FY26, a 104.15% decline year-on-year, alongside a 43.44% drop in net sales to ₹122.10 crore and negative operating margins, indicating significant operational challenges. Overall, the results are bad and suggest serious financial distress for the company.

The latest results for Kitex Garments Ltd are concerning and indicate a significant decline in performance. In Q2 FY26, the company reported a consolidated net profit of -₹1.55 crore, which is a drastic drop of 104.15% year-on-year. This marks a reversal from the previous year's profit and highlights serious operational challenges.<BR><BR>Net sales also fell sharply by 43.44% year-on-year to ₹122.10 crore, representing the lowest quarterly sales figure in recent history. Additionally, the operating margin turned negative at -13.08%, a stark contrast to the positive margin of 25.40% achieved in the same quarter last year. This indicates that the company's costs have risen significantly relative to its revenue.<BR><BR>The financial metrics suggest that Kitex Garments is facing severe operational distress, with negative operating profit and rising interest expenses further complicating its financial situation. The combination of declining revenue, negative margins, and elevated debt levels raises serious concerns about the company's ability to navigate its current challenges.<BR><BR>Overall, the results can be characterized as bad, reflecting a troubling trend that investors should closely monitor.

Should I buy, sell or hold Kitex Garments Ltd?

Why is Kitex Garments Ltd falling/rising?

As of 17-Mar, Kitex Garments Ltd's stock price is rising by 0.63% to 160.60, following a trend reversal after two days of decline. Despite this increase, the stock has underperformed over the past week and month, with significant declines in net sales and profitability, leading to cautious sentiment among investors.

As of 17-Mar, Kitex Garments Ltd's stock price is currently rising, with a change of 1.0 (0.63%) to a current price of 160.60. This increase follows a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 164.8, reflecting a gain of 3.26% during the day. Additionally, there has been a rise in investor participation, with delivery volume increasing by 0.31% against the five-day average.<BR><BR>However, it is important to note that the stock has been underperforming over various time frames, with a one-week decline of 6.60% and a one-month drop of 18.21%. The company has reported very negative financial results, including a significant fall in net sales of 34.14% and a decline in profitability, with a return on equity averaging only 9.02%. Furthermore, the stock is trading below its moving averages across multiple periods, indicating a bearish trend in the longer term.<BR><BR>Despite the current rise in price, the overall sentiment remains cautious due to the company's weak long-term fundamentals and the low stake held by domestic mutual funds, which suggests a lack of confidence in the stock's valuation.

Why is Kitex Garments Ltd falling/rising?

As of 18-Mar, Kitex Garments Ltd's stock price is currently at 165.35, reflecting a 2.86% increase due to recent gains and positive sector momentum. However, the stock has underperformed over the longer term, with significant declines in sales and profitability, indicating a weak overall outlook despite the short-term rise.

As of 18-Mar, Kitex Garments Ltd's stock price is rising, currently at 165.35, reflecting a change of 4.6 or 2.86% increase. This upward movement is attributed to a consecutive gain over the last two days, during which the stock has risen by 3.6%. Additionally, the textile sector has shown positive momentum, gaining 2.82%, which aligns with Kitex Garments' performance today.<BR><BR>However, despite the recent rise, the stock has been underperforming in the longer term. Over the past month, it has declined by 15.64%, and year-to-date, it has fallen by 9.02%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the longer term. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 29.03% compared to the 5-day average.<BR><BR>The company's financial fundamentals present a concerning picture, with a -34.14% decline in net sales and negative results reported for the last two consecutive quarters. The operating profits have also seen a -4.76% CAGR growth over the past five years, and the return on equity is relatively low at 9.02%. These factors suggest that while the stock may be experiencing a short-term rise, the overall outlook remains weak due to declining sales and profitability.

Why is Kitex Garments Ltd falling/rising?

As of 19-Mar, Kitex Garments Ltd's stock price has declined to 159.40, down 3.36%, due to underperformance in the textile sector, poor financial results, and a bearish trend indicated by moving averages. The company's significant drop in net sales and rising interest expenses have led to decreased investor confidence.

As of 19-Mar, Kitex Garments Ltd is experiencing a decline in its stock price, currently at 159.40, reflecting a change of -5.55 (-3.36%). This drop is attributed to several factors. Firstly, the stock has underperformed its sector by -0.58% today and has fallen after two consecutive days of gains. It opened with a loss of -2.09% and reached an intraday low of Rs 159, marking a decrease of -3.61%.<BR><BR>The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the textile sector itself has seen a decline of -2.77%. The company's financial performance has also been concerning, with a significant fall in net sales of -34.14% and negative results reported for the last two consecutive quarters. The operating profits have shown a compound annual growth rate (CAGR) decline of -4.76% over the past five years, and the return on equity averages only 9.02%, suggesting low profitability.<BR><BR>Moreover, the company’s recent financials indicate a troubling trend, with a reported net sales figure of Rs 304.09 crore reflecting a growth rate of -38.22% over the latest six months. The interest expenses have surged by 145.54%, and the profit before tax has plummeted by -136.81%. These factors contribute to a perception of weak long-term fundamental strength, leading to a lack of confidence among investors, as evidenced by the minimal stake held by domestic mutual funds at only 0.34%. Overall, these elements collectively explain the downward movement in Kitex Garments Ltd's stock price.

Why is Kitex Garments Ltd falling/rising?

As of 20-Mar, Kitex Garments Ltd's stock price has risen slightly to 159.60, but it has significantly underperformed the Sensex and reported drastic declines in net sales and profits. Overall sentiment remains negative due to weak financial results and declining investor participation.

As of 20-Mar, Kitex Garments Ltd is experiencing a slight rise in its stock price, currently at 159.60, with a change of 0.2 (0.13%) upward. However, this increase occurs against a backdrop of significant negative performance metrics over various periods. The stock has underperformed the benchmark Sensex over the past week, month, and year, with declines of -3.48%, -14.24%, and -6.45%, respectively. <BR><BR>The company has reported very negative financial results, including a drastic fall in net sales by -34.14% and a significant drop in profit before tax (PBT) and profit after tax (PAT) for the last two consecutive quarters. The operating profits have shown a compound annual growth rate (CAGR) decline of -4.76% over the past five years, indicating weak long-term fundamental strength. Additionally, the return on equity (ROE) stands at a low 9.02%, suggesting low profitability per unit of shareholders' funds.<BR><BR>Investor participation is also declining, as evidenced by a 31.23% drop in delivery volume compared to the five-day average. Furthermore, the stock is trading below all its moving averages, indicating a bearish trend. Despite the recent minor uptick in price, the overall sentiment surrounding Kitex Garments Ltd remains negative due to its poor financial performance and weak investor confidence.

Which are the latest news on Kitex Garments?