KITEX - Kitex Garmenets Ltd. Share Price

Textiles & Apparels

₹244.25+11.63(+5.00%)

Market Closed as of Apr 28, 2025, 15:30 IST

What does Kitex Garmenets Ltd. do?

Garments & Apparels•Textiles•Small Cap

Kitex Garments Limited manufactures and sells fabric and readymade garments for infants and children in India, the Unites States, and internationally. It manufactures and exports knitted fabrics and infant garments. The company offers baby suits, sleepwear, rompers, burps, bips, and training pants. It exports its products. Kitex Garments Limited was incorporated in 1992 and is based in Ernakulam, India.

Industry Group:Textiles & Apparels

Employees:4,951

Website:www.kitexgarments.com

Pros

Balance Sheet: Strong Balance Sheet.

Growth: Good revenue growth. With 31.8% growth over past three years, the company is going strong.

Momentum: Stock price has a strong positive momentum. Stock is up 27.7% in last 30 days.

Profitability: Recent profitability of 14% is a good sign.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Smart Money: Smart money has been increasing their position in the stock.

Cons

No major cons observed.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: KITEX vs Textiles & Apparels

Comprehensive comparison against sector averages

Comparative Metrics

KITEX metrics compared to Textiles

Category	KITEX	Textiles
PE	37.31	44.21
PS	5.29	2.70
Growth	53.2 %	11 %

Performance Comparison

KITEX vs Textiles (2021 - 2025)

Key Insights

1. KITEX is among the Top 5 Garments & Apparels companies by market cap.
2. The company holds a market share of 2.5% in Garments & Apparels.
3. In last one year, the company has had an above average growth that other Garments & Apparels companies.

Share Holdings

Understand Kitex Garmenets ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
SABU M JACOB	34.18%
KITEX CHILDRENSWEAR LIMITED	15.92%
RENJITHA JOSEPH	6.51%
C K G SUPER MARKET LIMITED	4.64%
USHA C P	4.52%
Unclaimed or Suspense or Escrow Account	1.04%
BOBY M JACOB	0.05%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Balance Sheet for Kitex Garmenets

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-64.4%	17	46	101	42	80	107
Total current financial assets	8.7%	389	358	397	306	490	507
Inventories	38.7%	227	164	132	117	84	155
Total current assets	18.9%	661	556	577	454	602	691
Property, plant and equipment	-7.1%	106	114	124	133	140	151
Capital work-in-progress	20%	31	26	25	20	19	12
Non-current investments	19.3%	397	333	298	298	100	33
Loans, non-current	0%	106	106	93	92	92	89
Total non-current financial assets	14.8%	506	441	393	393	257	169
Total non-current assets	10.5%	652	590	550	556	429	345
Total assets	14.6%	1,313	1,146	1,127	1,010	1,031	1,036
Total non-current financial liabilities	0%	9.19	9.19	0	0	0	0
Provisions, non-current	1.4%	10	9.88	8.99	8.5	10	9.82
Total non-current liabilities	-9.5%	20	22	14	14	11	19
Borrowings, current	72.4%	132	77	118	25	37	73
Total current financial liabilities	72.9%	231	134	174	70	87	136
Provisions, current	9.4%	4.39	4.1	3.79	3.54	3.73	3.54
Current tax liabilities	66.7%	31	19	14	12	17	17
Total current liabilities	68.6%	269	160	197	90	113	162
Total liabilities	58.8%	290	183	211	105	125	182
Equity share capital	0%	6.65	6.65	6.65	6.65	6.65	6.65
Total equity	6.2%	1,023	963	916	905	907	855
Total equity and liabilities	14.6%	1,313	1,146	1,127	1,010	1,031	1,036

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-16.3%	42	50	102	46	81	108
Total current financial assets	16.7%	414	355	385	310	491	508
Inventories	38.7%	227	164	132	117	84	155
Total current assets	24.6%	725	582	556	461	607	692
Property, plant and equipment	-3.3%	236	244	254	263	270	242
Capital work-in-progress	24.5%	1,103	886	494	292	40	12
Non-current investments	-2.2%	0.07	0.09	0.06	0.03	0.03	0.02
Loans, non-current	-	0	0	0	0	0	89
Total non-current financial assets	-47.3%	9.43	17	24	8.89	17	33
Total non-current assets	15.3%	1,549	1,344	939	673	453	302
Total assets	18.1%	2,274	1,925	1,495	1,134	1,060	994
Borrowings, non-current	23.3%	746	605	223	0	0	0
Total non-current financial liabilities	23.3%	746	605	223	0	0	0
Provisions, non-current	1.4%	10	9.88	8.99	8.5	10	9.82
Total non-current liabilities	21.8%	890	731	302	66	14	19
Borrowings, current	72.4%	132	77	118	25	37	73
Total current financial liabilities	72.4%	232	135	181	71	91	136
Provisions, current	9.4%	4.39	4.1	3.79	3.54	3.73	3.54
Current tax liabilities	66.7%	31	19	14	12	17	17
Total current liabilities	67.7%	271	162	205	91	130	163
Total liabilities	30%	1,161	893	507	157	144	181
Equity share capital	0%	6.65	6.65	6.65	6.65	6.65	6.65
Non controlling interest	20.5%	154	128	118	118	30	-
Total equity	7.9%	1,113	1,032	988	977	916	812
Total equity and liabilities	18.1%	2,274	1,925	1,495	1,134	1,060	994

Cash Flow for Kitex Garmenets

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-9900%	0	0.99	3.62
Change in inventories	-230.2%	-47.16	38	-20.25
Depreciation	0%	21	21	21
Unrealised forex losses/gains	-616.9%	-2.05	1.59	-9.87
Adjustments for interest income	-	1.75	0	6.01
Net Cashflows from Operations	-102.3%	-5.24	271	53
Income taxes paid (refund)	-14.3%	25	29	49
Net Cashflows From Operating Activities	-112.9%	-30.11	242	3.48
Cashflows used in obtaining control of subsidiaries	-	0	0	15
Proceeds from sales of PPE	-	0.12	0	0.23
Purchase of property, plant and equipment	-20.1%	6	7.26	13
Purchase of investment property	-	20	0	0
Interest received	-73.2%	1.64	3.39	-11.31
Other inflows (outflows) of cash	229%	22	-15.28	21
Net Cashflows From Investing Activities	98.7%	-2.16	-243.28	-61.55
Proceeds from borrowings	-	52	0	0
Repayments of borrowings	-102.1%	0	48	-73.07
Dividends paid	-	10	0	9.98
Interest paid	-7.7%	4.61	4.91	3.18
Other inflows (outflows) of cash	91%	0	-10.05	0
Net Cashflows from Financing Activities	156.3%	37	-62.98	60
Effect of exchange rate on cash eq.	46.9%	0.06	-0.77	1.63
Net change in cash and cash eq.	105.5%	4.67	-65.19	3.47

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-9900%	0	0.99	3.62
Change in inventories	-230.2%	-47.16	38	-20.25
Depreciation	0%	21	21	21
Unrealised forex losses/gains	-616.9%	-2.05	1.59	-9.87
Adjustments for interest income	-	-5.79	0	2.92
Net Cashflows from Operations	-104.5%	-13.38	324	52
Income taxes paid (refund)	-14.3%	25	29	49
Net Cashflows From Operating Activities	-113.4%	-38.26	295	3
Proceeds from sales of PPE	-	0.12	0	0.23
Purchase of property, plant and equipment	48.4%	617	416	27
Interest received	-73.2%	1.64	3.39	-11.31
Other inflows (outflows) of cash	401.3%	7.87	-1.28	21
Net Cashflows From Investing Activities	-13.7%	-607.38	-533.91	-61.01
Proceeds from issuing shares	-	3.18	0	0
Proceeds from borrowings	-	661	0	0
Repayments of borrowings	-102.1%	0	48	-73.07
Dividends paid	-	10	0	9.98
Interest paid	-7.7%	4.61	4.91	3.18
Other inflows (outflows) of cash	91%	0	-10.05	0
Net Cashflows from Financing Activities	1114.4%	650	-62.98	60
Effect of exchange rate on cash eq.	46.9%	0.06	-0.77	1.63
Net change in cash and cash eq.	101.1%	4.29	-302.33	3.52

Investor Care
Dividend Yield	0.53%
Dividend/Share (TTM)	1
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	6.31

Financial Health
Current Ratio	2.67
Debt/Equity	0.79
Debt/Cashflow	-0.04

Income Statement for Kitex Garmenets

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	10.8%	617	557	788	455	739	607
Other Income	-42.9%	25	43	30	10	44	22
Total Income	7%	642	600	818	465	784	629
Cost of Materials	23.8%	297	240	374	195	317	283
Purchases of stock-in-trade	-	0	0	0	0	0	-36.45
Employee Expense	9.3%	119	109	114	77	121	105
Finance costs	82.4%	7.33	4.47	3.62	2.54	7.02	3.88
Depreciation and Amortization	0%	21	21	21	23	26	27
Other expenses	17.8%	140	119	136	83	164	116
Total Expenses	4.6%	543	519	643	381	640	499
Profit Before exceptional items and Tax	22.5%	99	81	176	85	143	130
Total profit before tax	22.5%	99	81	176	85	143	130
Current tax	34.8%	32	24	48	26	41	51
Deferred tax	24.7%	-1.32	-2.08	-0.59	-0.88	-6.54	-2.34
Total tax	42.9%	31	22	48	25	34	49
Total profit (loss) for period	15.5%	68	59	128	60	109	81
Other comp. income net of taxes	-292.9%	-0.1	0.72	1.23	0.13	-0.9	0.22
Total Comprehensive Income	13.6%	68	60	130	60	108	82
Earnings Per Share, Basic	22.1%	3.4166667	2.98	6.43	333333	5.4466667	4.0733333
Earnings Per Share, Diluted	22.1%	3.4166667	2.98	6.43	333333	5.4466667	4.0733333

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	27.9%	276	216	190	173	164	134
Other Income	173%	12	5.03	4.59	9.06	8.04	5.52
Total Income	30.5%	288	221	195	182	172	139
Cost of Materials	0%	110	110	79	106	61	65
Employee Expense	2.5%	42	41	35	34	29	29
Finance costs	5%	3.53	3.41	2.09	2.84	1.89	1.75
Depreciation and Amortization	-17.6%	3.66	4.23	4.69	5.08	5.2	5.14
Other expenses	83.8%	69	38	35	39	38	40
Total Expenses	38%	230	167	155	146	138	121
Profit Before exceptional items and Tax	7.5%	58	54	40	36	34	19
Total profit before tax	7.5%	58	54	40	36	34	19
Current tax	7.1%	16	15	12	10	14	5.85
Deferred tax	6.4%	-1.05	-1.19	-1.98	-0.22	-0.5	-0.5
Total tax	7.7%	15	14	9.63	10	13	5.35
Total profit (loss) for period	7.7%	43	40	30	26	21	13
Other comp. income net of taxes	1%	0	-0.01	0	-0.12	0.01	0.01
Total Comprehensive Income	7.7%	43	40	30	26	21	13
Earnings Per Share, Basic	17.3%	2.1766667	233333	1.5	1.3033333	1.0533333	0.6633333
Earnings Per Share, Diluted	17.3%	2.1766667	233333	1.5	1.3033333	1.0533333	0.6633333

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	10.8%	617	557	788	455	739	-
Other Income	-69.8%	14	44	27	4.31	39	-
Total Income	5%	631	601	815	460	778	-
Cost of Materials	23.8%	297	240	374	195	317	-
Employee Expense	9.3%	119	109	114	77	121	-
Finance costs	82.4%	7.33	4.47	3.62	2.56	7.02	-
Depreciation and Amortization	0%	21	21	21	23	26	-
Other expenses	15.6%	142	123	136	83	164	-
Total Expenses	4.2%	544	522	643	381	641	-
Profit Before exceptional items and Tax	10.3%	87	79	173	79	138	-
Total profit before tax	10.3%	87	79	173	79	138	-
Current tax	34.8%	32	24	48	26	41	-
Deferred tax	15.6%	-1.32	-1.75	-0.63	-1.17	-6.54	-
Total tax	42.9%	31	22	47	25	34	-
Total profit (loss) for period	-1.8%	56	57	125	54	103	-
Other comp. income net of taxes	-292.9%	-0.1	0.72	1.23	0.13	-0.9	-
Total Comprehensive Income	-3.5%	56	58	126	54	102	-
Earnings Per Share, Basic	-1.6%	2.8233333	2.8533333	6.2733333	2.72	5.18	-
Earnings Per Share, Diluted	-1.6%	2.8233333	2.8533333	6.2733333	2.72	5.18	-

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	27.9%	276	216	190	173	164	134
Other Income	235.2%	8.04	3.1	2.71	3.24	2.5	6.12
Total Income	29.8%	284	219	193	176	167	140
Cost of Materials	0%	110	110	79	106	61	65
Employee Expense	2.5%	42	41	35	34	29	29
Finance costs	5%	3.53	3.41	2.09	2.84	1.89	1.75
Depreciation and Amortization	-17.6%	3.66	4.23	4.69	5.08	5.2	5.14
Other expenses	76.3%	68	39	37	39	38	41
Total Expenses	35.7%	229	169	157	146	139	121
Profit Before exceptional items and Tax	10.2%	55	50	36	30	28	19
Total profit before tax	10.2%	55	50	36	30	28	19
Current tax	7.1%	16	15	12	10	14	5.85
Deferred tax	6.4%	-1.05	-1.19	-1.98	-0.22	-0.5	-0.5
Total tax	7.7%	15	14	9.63	10	13	5.35
Total profit (loss) for period	11.1%	41	37	27	20	15	13
Other comp. income net of taxes	1%	0	-0.01	0	-0.12	0.01	0.02
Total Comprehensive Income	11.1%	41	37	27	20	15	13
Earnings Per Share, Basic	21.5%	2.0566667	1.87	1.37	1.01	0.75	0.6666667
Earnings Per Share, Diluted	21.5%	2.0566667	1.87	1.37	1.01	0.75	0.6666667

Is Kitex Garmenets Better than it's peers?

Detailed comparison of Kitex Garmenets against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
PAGEIND	Page IndustriesGarments & Apparels	49.75 kCr	4.88 kCr	+5.55%	+25.43%	73.89	10.19	+6.67%	+24.84%
KPRMILL	K.P.R. MillOther Textile Products	34.97 kCr	6.39 kCr	+8.13%	+18.07%	42.43	5.47	+0.23%	+2.86%
DOLLAR	Dollar IndustriesGarments & Apparels	2.16 kCr	1.67 kCr	-0.74%	-32.81%	22.51	1.3	+12.45%	+64.81%

Price to Sales Ratio

Latest reported: ₹5

Revenue (Last 12 mths)

Latest reported: ₹873 Cr

Net Income (Last 12 mths)

Latest reported: ₹124 Cr

Valuation
Market Cap	4.61 kCr
Price/Earnings (Trailing)	37.31
Price/Sales (Trailing)	5.29
EV/EBITDA	22.93
Price/Free Cashflow	-5.88
MarketCap/EBT	26.88

Fundamentals
Revenue (TTM)	872.79 Cr
Rev. Growth (Yr)	70.65%
Rev. Growth (Qtr)	29.85%
Earnings (TTM)	123.67 Cr
Earnings Growth (Yr)	170.69%
Earnings Growth (Qtr)	10.3%

Profitability
Operating Margin	19.67%
EBT Margin	19.67%
Return on Equity	11.11%
Return on Assets	5.44%
Free Cashflow Yield	-17%

KITEX - Kitex Garmenets Ltd. Share Price

What does Kitex Garmenets Ltd. do?

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Investor Care

Financial Health

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Valuation

Fundamentals

Profitability