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Kitex Garments share price

Kitex Garments Ltd.

NSE: KITEX BSE: 521248 SECTOR: Textile  94k   233   31

531.35
+7.95 (1.52%)
NSE: Today, 01:14 PM

Price Summary

Today's High

₹ 535.95

Today's Low

₹ 520

52 Week High

₹ 575

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

3533.48 Cr.

Enterprise Value

3544.12 Cr.

No. of Shares

6.65 Cr.

P/E

39.2

P/B

3.56

Face Value

₹ 1

Div. Yield

0.28 %

Book Value (TTM)

₹  149.32

CASH

65.88 Cr.

DEBT

76.52 Cr.

Promoter Holding

56.66 %

EPS (TTM)

₹  13.56

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

-117.34

Interest Cover Ratio

14.5138

CFO/PAT (5 Yr. Avg.)

0.889464568086682

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2024 56.66 0
Mar 2024 56.66 0
Dec 2023 56.66 0
Sep 2023 56.66 0
Jun 2023 56.66 0
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 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Net Sales 145.78 133.96 164.13 173.05 190.44
Total Expenditure 131.29 114.02 131.06 138.11 148.67
Operating Profit 14.49 19.93 33.07 34.95 41.77
Other Income 2.06 5.52 8.04 9.06 4.59
Interest 0.85 1.75 1.89 2.84 2.09
Depreciation 5.28 5.14 5.2 5.08 4.69
Exceptional Items 0 0 0 0 0
Profit Before Tax 10.42 18.57 34.02 36.08 39.58
Tax 2.43 5.35 13.03 10.09 9.63
Profit After Tax 7.99 13.21 21 25.99 29.95
Adjusted EPS (Rs) 1.2 1.99 3.16 3.91 4.5

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 Jun 2023% Sep 2023% Dec 2023% Mar 2024% Jun 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 Jun 2023% Sep 2023% Dec 2023% Mar 2024% Jun 2024%
investors 43.34 43.34 43.34 43.34 43.34
c k g finance private lim... 1.38 1.38 1.38 1.38 1.38
c k g super market limite... 5.41 5.41 5.41 5.41 5.41
investor education and pr... 0.73 0.77 - 0.88 0.88
llp - - - - 0.05
usha c p - - 5.57 5.26 5.26
camel foods pvt ltd. - - 1.05 - -
investor education and pr... - - 0.88 - -
gopinathan c k 5.38 5.46 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ1FY25 3 Oct 2024

Company News

Kitex Garments informs about issuance of duplicate share certificate18 Sep 2024, 10:08AM Kitex Garments informs about newspaper publication 12 Sep 2024, 5:01PM Kitex Garments informs about newspaper advertisement 12 Sep 2024, 4:55PM Kitex Garments informs about disclosure12 Sep 2024, 11:24AM Kitex Garments informs about press release19 Aug 2024, 4:54PM Kitex Garments - Quaterly Results14 Aug 2024, 2:00PM Kitex Garments informs about board meeting5 Aug 2024, 12:16PM Kitex Garments informs about change in management15 Jul 2024, 5:14PM Kitex Garments - Quaterly Results20 May 2024, 5:16PM Kitex Garments - Quaterly Results20 May 2024, 5:16PM Kitex Garments - Quaterly Results20 May 2024, 5:16PM Kitex Garments informs about certificate18 Apr 2024, 11:08AM Kitex Garments informs about closure of trading window26 Mar 2024, 2:42PM Kitex Garments informs about newspaper publication1 Feb 2024, 5:25PM Kitex Garments - Quaterly Results31 Jan 2024, 2:18PM Kitex Garments - Quaterly Results31 Jan 2024, 2:18PM Kitex Garments - Quaterly Results31 Jan 2024, 2:18PM Kitex Garments informs about board meeting 22 Jan 2024, 11:01AM Kitex Garments informs about certificate6 Jan 2024, 11:04AM Kitex Garments - Quaterly Results6 Nov 2023, 12:00PM Kitex Garments - Quaterly Results6 Nov 2023, 12:00PM Kitex Garments - Quaterly Results6 Nov 2023, 12:00PM Kitex Garments informs about board meeting 26 Oct 2023, 1:10PM Kitex Garments - Quaterly Results11 Aug 2023, 11:49AM Kitex Garments - Quaterly Results11 Aug 2023, 11:49AM Kitex Garments - Quaterly Results30 May 2023, 4:18PM Kitex Garments - Quaterly Results30 May 2023, 4:18PM Kitex Garments informs about updates19 Apr 2023, 2:37PM Kitex Garments - Quaterly Results14 Feb 2023, 4:44PM Kitex Garments - Quaterly Results14 Feb 2023, 4:44PM Kitex Garments informs about details of loss of certificate 28 Jan 2023, 10:56AM Kitex Garments informs about newspaper advertisement20 Jan 2023, 3:38PM Kitex Garments informs about loss of share certificate 20 Jan 2023, 3:37PM Kitex Garments informs about trading window closure27 Dec 2022, 5:26PM Kitex Garments informs about details of loss of certificate3 Dec 2022, 12:12PM Kitex Garments - Quaterly Results12 Nov 2022, 5:35PM Kitex Garments - Quaterly Results12 Nov 2022, 5:35PM Kitex Garments informs about details of loss of certificate 18 Oct 2022, 4:13PM Kitex Garments informs about closure of trading window26 Sep 2022, 5:09PM Kitex Garments informs about loss of share certificate 19 Sep 2022, 4:36PM Kitex Garments informs about newspaper publication13 Sep 2022, 4:52PM Kitex Garments - Quaterly Results13 Aug 2022, 12:36PM Kitex Garments informs about press release8 Aug 2022, 4:13PM Kitex Garments informs about newspaper advertisement 12 Jul 2022, 4:27PM Kitex Garments informs about loss of share certificate6 Jul 2022, 4:45PM Kitex Garments informs about closure of trading window25 Jun 2022, 2:59PM Kitex Garments informs about annual secretarial compliance report28 May 2022, 3:10PM Kitex Garments informs about disclosure26 May 2022, 3:29PM Kitex Garments - Quaterly Results19 May 2022, 2:04PM Kitex Garments - Quaterly Results19 May 2022, 2:04PM

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 523.4. 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 38.6107791498842 which is high and comparatively overvalued .

  • Share Price: - The current share price of Kitex Garments is Rs 523.4. 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 0.2868 %.

  • 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 13.5558 . 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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