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Kitex Garments share price

Kitex Garments Ltd.

NSE: KITEX BSE: 521248 SECTOR: Textile  104k   232   31

797.05
-41.95 (-5.00%)
NSE: 20 Dec 04:02 PM

Price Summary

Today's High

₹ 850

Today's Low

₹ 797.05

52 Week High

₹ 886.4

52 Week Low

₹ 177

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

5300.38 Cr.

Enterprise Value

5311.02 Cr.

No. of Shares

6.65 Cr.

P/E

45.35

P/B

5.18

Face Value

₹ 1

Div. Yield

0.19 %

Book Value (TTM)

₹  153.82

CASH

65.88 Cr.

DEBT

76.52 Cr.

Promoter Holding

56.66 %

EPS (TTM)

₹  17.58

Sales Growth

10.76%

ROE

7.3 %

ROCE

10.81%

Profit Growth

14.76 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Kitex Garments Ltd.

Little Star

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year10.76%
3 Year10.65%
5 Year0.33%

Profit Growth

1 Year15.23%
3 Year4.41%
5 Year-3.49%

ROE%

1 Year7.3%
3 Year10.06%
5 Year11.17%

ROCE %

1 Year10.81%
3 Year13.88%
5 Year14.78%

Debt/Equity

0.0795

Price to Cash Flow

-176.02

Interest Cover Ratio

14.5138

CFO/PAT (5 Yr. Avg.)

0.889464568086682

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 56.66 0.00
Jun 2024 56.66 0.00
Mar 2024 56.66 0.00
Dec 2023 56.66 0.00
Sep 2023 56.66 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 14.5138.
  • Company has a healthy liquidity position with current ratio of 3.2289.
  • The company has a high promoter holding of 56.66%.

 Limitations

  • The company has shown a poor profit growth of 4.41307986862631% for the Past 3 years.
  • The company has shown a poor revenue growth of 10.6493980030826% for the Past 3 years.
  • Company has contingent liabilities of 447.657 Cr.
  • Company has negative cash flow from operations of -30.1132.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 133.96 164.13 173.05 190.44 215.88
Total Expenditure 114.02 131.06 138.11 148.67 159.76
Operating Profit 19.93 33.07 34.95 41.77 56.13
Other Income 5.52 8.04 9.06 4.59 5.03
Interest 1.75 1.89 2.84 2.09 3.42
Depreciation 5.14 5.2 5.08 4.69 4.23
Exceptional Items 0 0 0 0 0
Profit Before Tax 18.57 34.02 36.08 39.58 53.52
Tax 5.35 13.03 10.09 9.63 13.57
Profit After Tax 13.21 21 25.99 29.95 39.94
Adjusted EPS (Rs) 1.99 3.16 3.91 4.5 6.01

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 739.21 455.39 788.33 557 616.92
Total Expenditure 606.93 355 617.45 492.97 514.48
Operating Profit 132.28 100.38 170.87 64.03 102.45
Other Income 44.37 10.1 29.96 43.08 24.67
Interest 7.02 2.54 3.62 4.47 7.33
Depreciation 26.45 23.1 21.44 21.21 20.7
Exceptional Items 0 0 0 0 0
Profit Before Tax 143.17 84.84 175.78 81.42 99.08
Tax 34.5 24.94 47.5 22 30.89
Net Profit 108.67 59.9 128.28 59.18 68.19
Adjusted EPS (Rs.) 16.34 9.01 19.29 8.94 10.25

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 6.65 6.65 6.65 6.65 6.65
Total Reserves 668.51 728.54 848.08 898.24 956.35
Borrowings 0 0 0 0 0
Other N/C liabilities 22.71 21.36 19.17 14.33 22.45
Current liabilities 244.6 132.72 224.86 106.31 177.62
Total Liabilities 942.47 889.28 1098.75 1025.52 1163.07
Assets
Net Block 169.44 151.53 151.86 133.89 114.07
Capital WIP 20.31 20.09 11.62 20.43 26.46
Intangible WIP 0.32 0.01 0 0 0
Investments 35.36 35.37 32.99 297.95 332.71
Loans & Advances 83.47 86.61 148.58 103.44 116.07
Other N/C Assets 4.69 10.11 0 0.22 0.24
Current Assets 628.87 585.57 753.7 469.59 573.52
Total Assets 942.47 889.28 1098.75 1025.52 1163.07
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 143.17 84.84 175.78 81.42 99.08
Adjustment 12.48 12.78 6.44 23.13 14.62
Changes in Assets & Liabilities -44.26 38.53 -142.45 166.13 -118.94
Tax Paid -52.48 -19.8 -49.22 -28.85 -24.87
Operating Cash Flow 58.91 116.36 -9.45 241.84 -30.11
Investing Cash Flow -34.35 -7.89 -46.98 -244.05 -2.1
Financing Cash Flow -24.82 -98.77 59.91 -62.98 36.88
Net Cash Flow -0.26 9.7 3.47 -65.19 4.67

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 56.66 56.66 56.66 56.66 56.66
boby m jacob 0.05 0.05 0.05 0.05 0.05
kitex childrenswear limit... 15.92 15.92 15.92 15.92 15.92
renjitha joseph 6.51 6.51 6.51 6.51 6.51
sabu m jacob 34.18 34.18 34.18 34.18 34.18
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 43.34 43.34 43.34 43.34 43.34
c k g super market limite... 5.41 5.41 5.41 5.41 4.81
investor education and pr... 0.77 - 0.88 0.88 0.90
llp - - - 0.05 0.11
usha c p - 5.57 5.26 5.26 5.05
c k g finance private lim... 1.38 1.38 1.38 1.38 -
camel foods pvt ltd. - 1.05 - - -
investor education and pr... - 0.88 - - -
gopinathan c k 5.46 - - - -

Ratings & Research Reports

Company Presentations

Company News

Kitex Garments informs about details of loss of certificate 4 Dec, 2:25 PM Kitex Garments - Quaterly Results 30 Oct, 3:19 PM Kitex Garments - Quaterly Results 30 Oct, 3:19 PM Kitex Garments - Quaterly Results 30 Oct, 3:19 PM Kitex Garments informs about issuance of duplicate share certificate 18 Sep, 10:08 AM Kitex Garments informs about newspaper publication 12 Sep, 5:01 PM Kitex Garments informs about newspaper advertisement 12 Sep, 4:55 PM Kitex Garments informs about disclosure 12 Sep, 11:24 AM Kitex Garments informs about press release 19 Aug, 4:54 PM Kitex Garments - Quaterly Results 14 Aug, 2:00 PM Kitex Garments informs about board meeting 5 Aug, 12:16 PM Kitex Garments informs about change in management 15 Jul, 5:14 PM Kitex Garments - Quaterly Results 20 May, 5:16 PM Kitex Garments - Quaterly Results 20 May, 5:16 PM Kitex Garments - Quaterly Results 20 May, 5:16 PM Kitex Garments informs about certificate 18 Apr, 11:08 AM Kitex Garments informs about closure of trading window 26 Mar, 2:42 PM Kitex Garments informs about newspaper publication 1 Feb, 5:25 PM Kitex Garments - Quaterly Results 31 Jan, 2:18 PM Kitex Garments - Quaterly Results 31 Jan, 2:18 PM Kitex Garments - Quaterly Results 31 Jan, 2:18 PM Kitex Garments informs about board meeting 22 Jan, 11:01 AM Kitex Garments informs about certificate 6 Jan, 11:04 AM Kitex Garments - Quaterly Results 6 Nov, 12:00 PM Kitex Garments - Quaterly Results 6 Nov, 12:00 PM Kitex Garments - Quaterly Results 6 Nov, 12:00 PM Kitex Garments informs about board meeting 26 Oct, 1:10 PM Kitex Garments - Quaterly Results 11 Aug, 11:49 AM Kitex Garments - Quaterly Results 11 Aug, 11:49 AM Kitex Garments - Quaterly Results 30 May, 4:18 PM Kitex Garments - Quaterly Results 30 May, 4:18 PM Kitex Garments informs about updates 19 Apr, 2:37 PM Kitex Garments - Quaterly Results 14 Feb, 4:44 PM Kitex Garments - Quaterly Results 14 Feb, 4:44 PM Kitex Garments informs about details of loss of certificate 28 Jan, 10:56 AM Kitex Garments informs about newspaper advertisement 20 Jan, 3:38 PM Kitex Garments informs about loss of share certificate 20 Jan, 3:37 PM Kitex Garments informs about trading window closure 27 Dec, 5:26 PM Kitex Garments informs about details of loss of certificate 3 Dec, 12:12 PM Kitex Garments - Quaterly Results 12 Nov, 5:35 PM Kitex Garments - Quaterly Results 12 Nov, 5:35 PM Kitex Garments informs about details of loss of certificate 18 Oct, 4:13 PM Kitex Garments informs about closure of trading window 26 Sep, 5:09 PM Kitex Garments informs about loss of share certificate 19 Sep, 4:36 PM Kitex Garments informs about newspaper publication 13 Sep, 4:52 PM Kitex Garments - Quaterly Results 13 Aug, 12:36 PM Kitex Garments informs about press release 8 Aug, 4:13 PM Kitex Garments informs about newspaper advertisement 12 Jul, 4:27 PM Kitex Garments informs about loss of share certificate 6 Jul, 4:45 PM Kitex Garments informs about closure of trading window 25 Jun, 2:59 PM

Kitex Garments Stock Price Analysis and Quick Research Report. Is Kitex Garments an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Kitex Garments stock price today is Rs 797.05. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Kitex Garments . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Kitex Garments has a PE ratio of 45.3500611646895 which is high and comparatively overvalued .

  • Share Price: - The current share price of Kitex Garments is Rs 797.05. One can use valuation calculators of ticker to know if Kitex Garments share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Kitex Garments has ROA of 6.2312 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Kitex Garments has a Current ratio of 3.2289 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Kitex Garments has a ROE of 7.301 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Kitex Garments has a Debt to Equity ratio of 0.0795 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Kitex Garments has reported revenue growth of 10.7589 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Kitex Garments for the current financial year is 16.6061511828076 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Kitex Garments is Rs 1.5 and the yield is 0.1875 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Kitex Garments is Rs 17.5755 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Kitex Garments in Ticker for free. Also, one can get the intrinsic value of Kitex Garments by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Kitex Garments
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