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Kitex Garments Ltd

KITEX

Kitex Garments Ltd

KITEX
Consumer DiscretionaryApparel & Accessories
SmallcapWith a market cap of ₹1,616 cr, stock is ranked 1,122
High RiskStock is 3.77x as volatile as Nifty
243.151.84% (+4.40)
243.151.84% (+4.40)

Price Chart

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Low
Returns
1D
1W
1M
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5Y
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1D
1W
1M
1Y
5Y
Max
SIP
Consumer DiscretionaryApparel & Accessories
SmallcapWith a market cap of ₹1,616 cr, stock is ranked 1,122
High RiskStock is 3.77x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryApparel & Accessories
SmallcapWith a market cap of ₹1,616 cr, stock is ranked 1,122
High RiskStock is 3.77x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
40.871.660.62%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
79.227.690.49%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

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

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

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 1.43%, vs industry avg of 8.62%

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 1.48% to 1.17%

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 -1.96%, vs industry avg of 10.9%

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Financial YearFY 2015FY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023TTM
Total Revenue524.52565.64549.36559.92629.27778.40459.70815.22601.06569.72
Raw Materialssubtract209.79214.24210.96254.05282.81317.06195.25374.31240.26482.07
Power & Fuel Costsubtract18.9917.5418.8522.0725.5726.8919.2831.6528.76
Employee Costsubtract74.5083.6291.9992.61105.09121.4977.26114.26109.07
Selling & Administrative Expensessubtract11.4812.998.8519.7524.8331.1910.5021.6120.35
Operating & Other expensessubtract25.6328.7645.4134.7429.83110.4252.8375.7597.67
Depreciation/Amortizationsubtract21.3321.2721.8323.4027.2626.4523.1021.4421.2120.76
Interest & Other Itemssubtract21.1316.159.275.813.887.022.563.624.474.58
Taxes & Other Itemssubtract43.1561.3658.7543.9458.5534.5024.6547.4621.7022.75
EPS14.8116.5012.559.5610.7415.558.1618.828.665.95
DPS0.891.071.071.501.501.501.501.501.501.50
Payout ratio0.060.060.090.160.140.100.180.080.170.25

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2019

Annual report

PDF

Investor Presentation

Nov 14PDF
Aug 13PDF
Jul 28PDF
FY 2020

Annual report

PDF

Investor Presentation

Nov 14PDF
Aug 28PDF
 

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryApparel & Accessories

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Kitex Garments Ltd28.091.660.62%
Page Industries Ltd69.5228.970.70%
Raymond Ltd23.344.140.16%
Safari Industries (India) Ltd75.7622.260.09%

Price Comparison

Compare KITEX with any stock or ETF
Compare KITEX with any stock or ETF
KITEX
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Shareholdings

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

Institutional Holdings Trend

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 almost stayed constant

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

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding56.66%0.00%0.00%0.84%42.50%

Mar 2023

Jun 2023

Sep 2023

Dec 2023

Shareholding History

SepDec '22MarJunSepDec '230.74%0.71%0.69%0.68%0.66%0.84%

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

KITEX has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.62%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹6.17 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 22, 2023

Final
Final | Div/Share: ₹1.50

Dividend/Share

1.50

Ex DateEx Date

Sep 22, 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

Cash Dividend

Ex DateEx DateAug 19, 2019

Final
Final | Div/Share: ₹1.50

Dividend/Share

1.50

Ex DateEx Date

Aug 19, 2019