Kitex Garments Ltd
KITEXKitex Garments Ltd
KITEX
Price Chart
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 68.70 | 1.44 | 0.71% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 69.56 | 6.68 | 0.56% |
Forecast & Ratings
Detailed ForecastPrice
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Kitex Garments Limited is engaged in the manufacture of fabric and readymade garments.
Peers
Compare with peersPage Industries Ltd
Safari Industries (India) Ltd
Raymond Ltd
Campus Activewear Ltd
V I P Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 524.52 | 565.64 | 549.36 | 559.92 | 629.27 | 778.40 | 459.70 | 815.22 | 601.06 | 474.74 | ||||||||||
Raw Materials | 209.79 | 214.24 | 210.96 | 254.05 | 282.81 | 317.06 | 195.25 | 374.31 | 240.26 | 420.28 | ||||||||||
| Power & Fuel Cost | 18.99 | 17.54 | 18.85 | 22.07 | 25.57 | 26.89 | 19.28 | 31.65 | 28.76 | |||||||||||
| Employee Cost | 74.50 | 83.62 | 91.99 | 92.61 | 105.09 | 121.49 | 77.26 | 114.26 | 109.07 | |||||||||||
| Selling & Administrative Expenses | 11.48 | 12.99 | 8.85 | 19.75 | 24.83 | 31.19 | 10.50 | 21.61 | 20.35 | |||||||||||
| Operating & Other expenses | 25.63 | 28.76 | 45.41 | 34.74 | 29.83 | 110.42 | 52.83 | 75.75 | 97.67 | |||||||||||
EBITDA | 184.13 | 208.49 | 173.30 | 136.70 | 161.14 | 171.35 | 104.58 | 197.64 | 104.95 | 54.46 | ||||||||||
| Depreciation/Amortization | 21.33 | 21.27 | 21.83 | 23.40 | 27.26 | 26.45 | 23.10 | 21.44 | 21.21 | 20.79 | ||||||||||
| PBIT | 162.80 | 187.22 | 151.47 | 113.30 | 133.88 | 144.90 | 81.48 | 176.20 | 83.74 | 33.67 | ||||||||||
| Interest & Other Items | 21.13 | 16.15 | 9.27 | 5.81 | 3.88 | 7.02 | 2.56 | 3.62 | 4.47 | 4.55 | ||||||||||
| PBT | 141.67 | 171.07 | 142.20 | 107.49 | 130.00 | 137.88 | 78.92 | 172.58 | 79.27 | 29.12 | ||||||||||
| Taxes & Other Items | 43.15 | 61.36 | 58.75 | 43.94 | 58.55 | 34.50 | 24.65 | 47.46 | 21.70 | 8.71 | ||||||||||
| Net Income | 98.52 | 109.71 | 83.45 | 63.55 | 71.45 | 103.38 | 54.27 | 125.12 | 57.57 | 20.41 | ||||||||||
| EPS | 14.81 | 16.50 | 12.55 | 9.56 | 10.74 | 15.55 | 8.16 | 18.82 | 8.66 | 3.07 | ||||||||||
| DPS | 0.89 | 1.07 | 1.07 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | ||||||||||
| Payout ratio | 0.06 | 0.06 | 0.09 | 0.16 | 0.14 | 0.10 | 0.18 | 0.08 | 0.17 | 0.49 |
Company Updates
Peers & Comparison
Consumer DiscretionaryApparel & Accessories
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Kitex Garments Ltd | 24.36 | 1.44 | 0.71% |
| Page Industries Ltd | 72.93 | 30.39 | 0.67% |
| Safari Industries (India) Ltd | 83.49 | 24.53 | 0.08% |
| Raymond Ltd | 19.40 | 3.44 | 0.19% |
Price Comparison
Compare KITEX with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
KITEX has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.71%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹7.13 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 22, 2023
Dividend/Share
₹1.50
Ex DateEx Date
Sep 22, 2023
Cash Dividend
Ex DateEx DateAug 19, 2022
Dividend/Share
₹1.50
Ex DateEx Date
Aug 19, 2022
Cash Dividend
Ex DateEx DateAug 30, 2021
Dividend/Share
₹1.50
Ex DateEx Date
Aug 30, 2021
Cash Dividend
Ex DateEx DateFeb 18, 2020
Dividend/Share
₹1.50
Ex DateEx Date
Feb 18, 2020
Cash Dividend
Ex DateEx DateAug 19, 2019
Dividend/Share
₹1.50
Ex DateEx Date
Aug 19, 2019
News & Opinions
Kitex Garments Consolidated June 2023 Net Sales at Rs 145.78 crore, down 41.55% Y-o-Y
3 months ago•Moneycontrol
Kitex Garments Standalone June 2023 Net Sales at Rs 145.78 crore, down 41.55% Y-o-Y
3 months ago•Moneycontrol
Kerala’s Kitex Garments to ramp up investment in TS to ₹3,000 cr.
8 months ago•The Hindu
Farmers oppose land acquisition for Kitex garments unit
8 months ago•The Hindu
Kitex Garments shares tank 14% as company reports net loss in Q3, revenue slips 67%
9 months ago•Business Today
Kitex Garments Ltd leads losers in ‘A’ group
9 months ago•Business Standard
Rupa & Co, Dollar Ind, Kitex Garments hit 52-wk lows on weak Q3 results
9 months ago•Business Standard
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 1.43%, vs industry avg of 8.62%
Decreasing Market Share
Over the last 5 years, market share decreased from 1.48% to 1.17%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -1.96%, vs industry avg of 10.9%