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Kitex Garments Ltd

KITEX Share Price

279.9811.80% (+29.56)
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KITEX Performance & Key Metrics

KITEX Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
37.805.08—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
37.556.360.71%

KITEX Analyst Ratings & Forecast

—
Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

KITEX Company Profile

Kitex Garments Limited is engaged in the manufacture of fabric and readymade garments.

KITEX Similar Stocks (Peers)

Compare with peers Compare with peers 

KITEX Similar Stocks (Peers)

Compare with peers Compare with peers 
Page Industries Ltd
PAGEIND
PE Ratio
69.12
69.12
1Y Return
16.02%
16.02%
Buy Reco %
23.81
23.81
Safari Industries (India) Ltd
SAFARI
PE Ratio
72.60
72.60
1Y Return
1.74%
1.74%
Buy Reco %
100.00
100.00
Arvind Ltd
ARVIND
PE Ratio
25.06
25.06
1Y Return
8.51%
8.51%
Buy Reco %
100.00
100.00
Campus Activewear Ltd
CAMPUS
PE Ratio
71.07
71.07
1Y Return
0.53%
0.53%
Buy Reco %
60.00
60.00
Gokaldas Exports Ltd
GOKEX
PE Ratio
42.70
42.70
1Y Return
11.35%
11.35%
Buy Reco %
80.00
80.00
Compare with Peers

KITEX Sentiment Analysis

KITEX Sentiment Analysis

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Crisp summary & key insights to decode earnings calls instantly

KITEX Stock Summary · January 2025

Company is navigating a complex landscape characterized by declining market share in deposits, challenges in meeting Priority Sector Lending (PSL) obligations, and fluctuations in current account flows. Despite these hurdles, the bank is focusing on enhancing customer engagement and service delivery to drive deposit growth, with recent monthly inflows showing a positive trend. The management emphasizes a strategic approach to maintaining profitability over aggressive expansion, particularly in light of competitive pressures and a tight liquidity environment. Efforts to improve operational efficiencies through digitization and a commitment to stable cost management are underway, alongside a proactive strategy to reduce borrowings and strengthen the balance sheet. Overall, while facing short-term challenges, the bank remains optimistic about future performance and is committed to achieving sustainable growth through strategic investments and improved customer outreach.

KITEX Stock Growth Drivers
KITEX Stock Growth Drivers
0
No ProsHmm, looks like there are no
growth drivers
KITEX Stock Challenges
KITEX Stock Challenges
2
  • Deposit Growth Shortfalls

    The company has experienced deposit growth that has not met expectations, attributed to seasonal trends

  • Loan Growth Concerns

    There is uncertainty regarding the company's loan deposit ratio (LDR) and its implications for loan

end marker

KITEX Forecast

What are forecasts?

What are forecasts?

Forecasting uses historical data as inputs to make informed predictive estimates determining the direction of future trends. Price, revenue & earnings forecasts represent where the stock level, business prospects and profits are potentially expected to be at the end of the forecast period

KITEX Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

KITEX

KITEX

Income

Balance Sheet

Cash Flow

KITEX Income Statement

KITEX Income Statement

Industry refers to the sub-sector this company belongs to.
Lower than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 0.06%, vs industry avg of 7.62%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 1.67% to 1.1%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -4.64%, vs industry avg of 6.62%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue549.36559.92629.27778.40459.70815.22601.06631.171,001.351,001.34
Raw Materialssubtract210.96254.05282.81317.06195.25374.31240.26297.43782.04782.03
Power & Fuel Costsubtract18.8522.0725.5726.8919.2831.6528.7632.93
Employee Costsubtract91.9992.61105.09121.4977.26114.26109.07119.48
Selling & Administrative Expensessubtract8.8519.7524.8331.1910.5021.6120.3511.01
Operating & Other expensessubtract45.4134.7429.83110.4252.8375.7597.6755.56
Depreciation/Amortizationsubtract21.8323.4027.2626.4523.1021.4421.2120.7115.7515.74
Interest & Other Itemssubtract9.275.813.887.022.563.624.477.3314.0214.01
Taxes & Other Itemssubtract58.7543.9458.5534.5024.6547.4621.7030.3950.8150.81
EPS4.183.193.585.182.726.272.892.826.956.95
DPS0.360.500.500.500.500.500.500.500.000.50
Payout ratio0.090.160.140.100.180.080.170.180.000.07
See Costs

KITEX Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual Report Unavailable

Investor Presentation

Nov 14PDF
Aug 13PDF
Jul 28PDF
 

KITEX Stock Peers

What are peers and why compare against them?

What are peers and why compare against them?

A stock's peers are companies which have similar business interests, operations and belong to the same industry sector. Comparing various metrics against peers can give valuable insights on whether the company's stock is over/under-valued and the company's growth outlook vs the industry as a whole

KITEX Past Performance & Peer Comparison

KITEX Past Performance & Peer Comparison

Comparing 3 stocks from 
Consumer DiscretionaryApparel & Accessories

Valuation

Technical

Forecast

ScreenerCompare valuation-basic on Screener

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Kitex Garments Ltd37.815.08—
Page Industries Ltd69.1231.561.99%
Safari Industries (India) Ltd72.6012.590.14%
Arvind Ltd25.062.451.11%

KITEX Stock Price Comparison

Compare KITEX with any stock or ETF
Compare KITEX with any stock or ETF
KITEX
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KITEX Holdings

KITEX Shareholdings

What are shareholdings?

What are shareholdings?

Apart from retail investors, a company’s shares are held by promoters, foreign & domestic institutions (large investors) and mutual funds. Promoters are the ship captains and control the company’s direction. Along with institutional and mutual fund holdings, a change in their holdings can indicate performance outlook for the stock

KITEX Promoter Holdings Trend

KITEX Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

KITEX Institutional Holdings Trend

KITEX Institutional Holdings Trend

Decreased Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 3.31%

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

KITEX Shareholding Pattern

KITEX Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding56.66%0.00%0.87%0.90%41.58%

Sep 2024

Dec 2024

Jan 2025

Mar 2025

KITEX Shareholding History

KITEX Shareholding History

MarJunSepDec '24JanMar0.96%0.82%0.74%1.10%0.97%0.90%

KITEX Insider Trades & Bulk Stock Deals

KITEX Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing KITEX stock

smallcases containing KITEX stock

Looks like this stock is not in any smallcase yet.

KITEX Events

KITEX Events

KITEX Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

What are dividends?

What are dividends?

Dividends are a portion of earnings that a company distributes to all its shareholders every year. Dividend return is one of the most important things to be considered while investing for long term. It’s the additional return on top of what investors earn through price appreciation

KITEX Dividend Trend

No dividend trend available

KITEX Upcoming Dividends

KITEX Upcoming Dividends

No upcoming dividends are available

KITEX Past Dividends

KITEX Past Dividends

Cash Dividend

Ex DateEx DateSep 20, 2024

Final
Final | Div/Share: ₹1.50

Dividend/Share

₹1.50

Ex DateEx Date

Sep 20, 2024

Cash Dividend

Ex DateEx DateSep 21, 2023

Final
Final | Div/Share: ₹1.50

Dividend/Share

₹1.50

Ex DateEx Date

Sep 21, 2023

Cash Dividend

Ex DateEx DateAug 19, 2022

Final
Final | Div/Share: ₹1.50

Dividend/Share

₹1.50

Ex DateEx Date

Aug 19, 2022

Cash Dividend

Ex DateEx DateAug 30, 2021

Final
Final | Div/Share: ₹1.50

Dividend/Share

₹1.50

Ex DateEx Date

Aug 30, 2021

Cash Dividend

Ex DateEx DateFeb 18, 2020

Interim
Interim | Div/Share: ₹1.50

Dividend/Share

₹1.50

Ex DateEx Date

Feb 18, 2020

KITEX Stock News & Opinions

KITEX Stock News & Opinions

Corporate
Board of Kitex Garments recommends final dividend

Kitex Garments announced that the Board of Directors of the Company at its meeting held on 29 May 2025, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Earnings
Kitex Garments consolidated net profit rises 64.18% in the March 2025 quarter

Net profit of Kitex Garments rose 64.18% to Rs 33.05 crore in the quarter ended March 2025 as against Rs 20.13 crore during the previous quarter ended March 2024. Sales rose 73.46% to Rs 300.17 crore in the quarter ended March 2025 as against Rs 173.05 crore during the previous quarter ended March 2024. For the full year,net profit rose 146.28% to Rs 138.73 crore in the year ended March 2025 as against Rs 56.33 crore during the previous year ended March 2024. Sales rose 59.31% to Rs 982.80 crore in the year ended March 2025 as against Rs 616.92 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales300.17173.05 73 982.80616.92 59 OPM %17.0419.95 -20.4316.29 - PBDT50.8434.91 46 205.29107.43 91 PBT47.6829.83 60 189.5486.72 119 NP33.0520.13 64 138.7356.33 146 Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Kitex Garments to discuss results

Kitex Garments will hold a meeting of the Board of Directors of the Company on 29 May 2025.Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Earnings
Kitex Garments consolidated net profit rises 172.26% in the December 2024 quarter

Net profit of Kitex Garments rose 172.26% to Rs 41.03 crore in the quarter ended December 2024 as against Rs 15.07 crore during the previous quarter ended December 2023. Sales rose 68.35% to Rs 276.32 crore in the quarter ended December 2024 as against Rs 164.13 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales276.32164.13 68 OPM %19.6919.85 - PBDT58.9133.20 77 PBT55.2528.00 97 NP41.0315.07 172 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Kitex Garments to conduct board meeting

Kitex Garments will hold a meeting of the Board of Directors of the Company on 14 February 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Kitex Garments allots 13.30 cr equity shares under bonus issue

Kitex Garments has allotted 13,30,00,000 fully paid-up Bonus Equity Shares of the face value of Re 1 each in the ratio of 2:1, i.e, 2 (Two) new Bonus Equity Shares of Re 1 each for every 1 (One) existing Equity Shares of Re1 each fully paid-up, held by the shareholders of the Company as on the record date i.e. 17 January 2025. Consequent to the aforesaid allotment, the paid-up equity share capital of the Company stands increased to Rs 19,95,00,000 divided into 19,95,00,000 equity shares of Re 1/- each.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Kitex Garments fixes record date for bonus issue

Kitex Garments has fixed 17 January 2025 as record date for bonus issue of 2:1. Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Kitex Garments fixes record date for bonus issue

Kitex Garments has fixed 17 January 2025 as record date for bonus issue of 2:1. Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Board of Kitex Garments approves bonus issue of 2:1

The Board of Kitex Garments at its meeting held on 22 November 2024 has approved issue of bonus shares in the ratio of 2:1. Powered by Capital Market - Live

6 months agoCapital Market - Live
Spotlight
Kitex Garments board OKs proposal to issue bonus equity shares in 2:1 ratio

The bonus share issue proposal is subject to the approval of shareholders of Kitex Garments. The company will inform the record date for determining eligible shareholders entitled for issuance of bonus shares, in due course. The pre-bonus paid-up equity share capital as on date is Rs 6.65 crore consisting of 6.65 crore equity shares of Re 1 each. The company would appropriate a sum of Rs 13.30 crore from the general reserve or retained earnings for issuance of bonus shares. Accordingly, the post-bonus paid-up equity share capital is expected to be around Rs 19.95 crore consisting of 19.95 crore equity shares of Re 1 each. The bonus shares would be credited within 2 months from the date of board approval, i.e., on or before 20 January 2025. Kitex Garments is engaged in the manufacture of fabric and readymade garments. The company operates through two business segments: garments and fabric. The firm also exports cotton garments principally infants wear. The company had reported 181.39% jump in consolidated net profit to Rs 37.34 crore on a 61.15% increase in sales to Rs 215.88 crore in Q2 FY25 as compared with Q2 FY24. The scrip tumbled 4.33% to currently trade at Rs 640.05 on the BSE. Powered by Capital Market - Live

6 months agoCapital Market - Live

KITEX Stock FAQs

KITEX Stock FAQs

  1. How to Buy Kitex Garments Ltd Shares?

    You can easily buy the stocks/shares of Kitex Garments Ltd (KITEX) on Tickertape or through broker platform by opening a Demat & Trading account online

  2. What is the Share Price of Kitex Garments Ltd?

    The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of KITEX as on 15th May 2025 is ₹279.98

  3. What is the return on Kitex Garments Ltd share?

    The past returns of Kitex Garments Ltd (KITEX) share are
    • Past 1 week: N/A
    • Past 1 month: N/A
    • Past 3 months: 56.61
    • Past 6 months: -6.00
    • Past 1 year: 282.51
    • Past 3 years: 261.46
    • Past 5 years: 625.57

  4. What is the Dividend yield % on Kitex Garments Ltd share?

    The current dividend yield of Kitex Garments Ltd (KITEX) is N/A

  5. What is the Market Cap of Kitex Garments Ltd?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Kitex Garments Ltd (KITEX) is ₹5244.85Cr as of 15th May 2025

  6. What is the 52 Week High and Low of Kitex Garments Ltd?

    The 52-week high and low of Kitex Garments Ltd (KITEX) is ₹324.42 and ₹68.02.

  7. What is the PE and PB ratio of Kitex Garments Ltd?

    The P/E (price-to-earnings) and P/B (price-to-book) ratios of Kitex Garments Ltd are 37.81 and 5.08 respectively.

  8. Which sector does Kitex Garments Ltd belong to?

    Kitex Garments Ltd (KITEX) belongs to the Consumer Discretionary sector & Apparel & Accessories sub-sector.

  9. What are the peers or stocks similar to Kitex Garments Ltd?

    The peers or stocks similar to Kitex Garments Ltd are: and many others.

  10. Can't decide whether or not to buy Kitex Garments Ltd?

    Worry no more! Login to Tickertape and check out Kitex Garments Ltd (KITEX) scorecard & all the relevant insights today

  11. 5. Test Stocks FAQ What is the 52 Week High and Low of Kitex Garments Ltd?

    The 52-week high and low of Kitex Garments Ltd (KITEX) is ₹324.42 and ₹68.02.

  12. 1. Test Stocks FAQ for Kitex Garments Ltd Shares?

    You can easily buy the stocks/shares of Kitex Garments Ltd (KITEX) on Tickertape or through broker platform by opening a Google & Trading account online

  13. 3. Test Stocks FAQ What is the Share Price of Kitex Garments Ltd?

    The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of KITEX as on 15th May 2025 is ₹279.98