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Kitex Garments Ltd

(KITEX)

₹829.451.29%

as on 04:01PM, 12 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Kitex Garments Ltd Performance

  • Day's Low

    Day's High

    ₹816
    ₹879.65
  • 52 Week's Low

    52 Week's High

    ₹177
    ₹879.65
1 Month Return+ 38.08 %
3 Month Return+ 70.88 %
1 Year Return+ 301.1 %
Previous Close₹840.30
Open₹871.00
Volume4.68L
Upper Circuit-
Lower Circuit-
Market Cap₹5,588.00Cr

Kitex Garments Ltd Key Statistics

P/E Ratio56.02
PEG Ratio4.66
Market Cap₹5,588.00 Cr
P/B Ratio1.26
EPS8.4
Dividend Yield0.82
SectorReadymade Garments/ Apparells
ROE7.3

Kitex Garments Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹5,588.00 Cr159.46%0.55₹55 Cr₹616 Cr
NA₹122.51 Cr4.69%0.72NANA
NA₹365.97 Cr1522.86%0.55NANA
NA₹16.66 Cr59.62%0.50NANA
NA₹362.82 Cr-3.31%0.64-₹37 Cr₹145 Cr

About Kitex Garments Ltd

Kitex Garments Ltd is a leading manufacturer and exporter of quality apparel and home textiles, incorporated in 1989 and headquartered in Kochi, India. The company has operations in India, Bangladesh, and the United Arab Emirates.

Kitex Garments Ltd specializes in producing a wide range of products, including knitted and woven garments for men, women, and children. Their top products include T-shirts, polo shirts, nightwear, pyjamas, and blouses.

Share Price: ₹829.45 per share as on 12 Dec, 2024 04:01 PM
Market Capitalisation: ₹5,588.00Cr as of today
Revenue: ₹215.88Cr as on September 2024 (Q3 24)
Net Profit: ₹36.73Cr as on September 2024 (Q3 24)
Listing date: 25 Sep, 2012
Chairperson Name: Sabu M Jacob
OrganisationKitex Garments Ltd
HeadquartersKochi
IndustryReadymade Garments/ Apparells
E-voting on sharesClick here to vote

Key events for Kitex Garments Ltd

  • Kitex Garments Hits Multi-Year High on Strong Q2 Results - 11 Dec, 2024

    Kitex Garments shares surged 44% in a month, reaching Rs 837.30. Q2FY25 net profit nearly tripled to Rs 39.94 crore, driven by high demand and record turnover.
  • Kitex Garments Reports Strong Q2 Growth and Bonus Issue - 10 Dec, 2024

    Kitex Garments shares hit a 5% upper circuit limit at ₹800.30. The company reported a 370.2% rise in net profit for Q2FY25, reaching ₹36.73 crore. Revenue increased by 48.1% to ₹215.88 crore. Additionally, Kitex announced a 2:1 bonus issue, marking its first in seven years, pending shareholder approval.
  • Kitex Garments Reports Strong Growth and Bonus Shares - 29 Nov, 2024

    Kitex Garments stock reached ₹767.70, hitting the 5% upper circuit limit. The company announced a 2:1 bonus share issue and reported a 47.79% increase in Q2FY25 income, with PAT up 370.29%. Chairman Sabu Jacob forecasts turnover to reach ₹1,000 crore this fiscal, aided by unrest in Bangladesh. New operational phases in Telangana will enhance capacity by $0.5 billion.
  • Kitex Garments Hits Upper Circuit on Strong Q2 Results - 26 Nov, 2024

    Kitex Garments shares reached the 5% upper circuit limit at ₹702.15 following a strong Q2FY25 report, showing a 47.79% increase in total income and a 370.29% rise in PAT. The company is also considering a proposal for Bonus Equity Shares.
  • Kitex Garments Announces 2:1 Bonus Share Issue - 22 Nov, 2024

    Kitex Garments' board has approved a 2:1 bonus share issue, granting two new shares for each existing share held. The bonus shares will be credited by January 20, 2025, pending shareholder approval. The company reported significant financial growth, with a 181.39% increase in net profit for Q2 FY25.
  • Kitex Garments Shares Surge on Bonus Announcement - 20 Nov, 2024

    Kitex Garments Ltd shares rose 5% to Rs 637.15 after announcing a board meeting to discuss potential bonus shares. The stock has shown impressive returns, climbing 31% in a month and 188% in six months.
  • Kitex Garments Plans Bonus Share Issue - 19 Nov, 2024

    Kitex Garments shares surged to a 5% upper circuit as the board announced a meeting on November 22 to consider a bonus share issue, marking the first in seven years. The stock has gained 183% year-to-date, reflecting strong investor interest and robust financial performance.

Insights on Kitex Garments Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, KITEX stock has moved up by 15.3%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 8 quarters, -4.08 Cr → 37.34 Cr (in ₹), with an average increase of 58.5% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 42.52% to 42.60% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 5 quarters, 140.08 Cr → 218.98 Cr (in ₹), with an average increase of 10.5% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, PC Jeweller Ltd has given 557.9% return, outperforming this stock by 174.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, PC Jeweller Ltd has given 490.7% return, outperforming this stock by 189.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 56.66% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.82% to 0.74% in Sep 2024 quarter

Kitex Garments Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹133.96Cr (-)₹164.13Cr (↑22.52%)₹173.05Cr (↑5.43%)₹190.44Cr (↑10.05%)₹215.88Cr (↑13.36%)
Net Income₹13.31Cr (-)₹14.97Cr (↑12.47%)₹19.74Cr (↑31.86%)₹26.68Cr (↑35.16%)₹36.73Cr (↑37.67%)
Net Profit Margin9.94% (-)9.12% (↓8.25%)11.41% (↑25.11%)14.01% (↑22.79%)17.01% (↑21.41%)
Value in ₹ crore
Details2021202220232024
Total Assets₹830.41Cr (-)₹1,039.60Cr (↑25.19%)₹1,012.96Cr (↓2.56%)₹1,149.23Cr (↑13.45%)
Total Liabilities₹95.22Cr (-)₹184.87Cr (↑94.15%)₹108.07Cr (↓41.54%)₹186.23Cr (↑72.32%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹58.91Cr (-)₹116.36Cr (↑97.52%)-₹9.45Cr (↓108.12%)₹241.84Cr (↓2,659.15%)-₹30.11Cr (↓112.45%)

Index Inclusions

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹57,125.14

-1 (-578.34%)

Kitex Garments Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
56.66%
0.00
Foreign Institutions
0.74%
-10.29
Mutual Funds
0%
0.00
Retail Investors
42.6%
0.20
Others
0%
-100.00

Kitex Garments Ltd Key Indicators

Details20202021202220232024
Return On Assets %11.856.5412.045.684.9
Details20202021202220232024
Book Value Per Share (₹)96.45104.63122.13129.07136.03
Details20202021202220232024
Earning Per Share (₹)15.548.1618.828.568.4
Details20202021202220232024
Return On Equity %17.168.4916.146.757.3

Kitex Garments Ltd Valuation

Kitex Garments Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.51x)

April 1, 2020

Today (56.02x)

December 11, 2024

Industry (74.15x)

December 11, 2024

Highest (78.33x)

December 14, 2023

LowHigh

Kitex Garments Ltd Earnings and Dividends

  • Kitex Garments Ltd Earnings Results

    Kitex Garments Ltd’s net profit jumped 181.39% since last year same period to ₹37.34Cr in the Q2 2024-2025. On a quarterly growth basis, Kitex Garments Ltd has generated 36.68% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Kitex Garments Ltd Dividends May,2024

    In the quarter ending March 2024, Kitex Garments Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.36%.

    Read More about Dividends

Kitex Garments Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Kitex Garments Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Kitex Garments Ltd (KITEX) share price today is ₹829.45

Kitex Garments Ltd is listed on NSE

Kitex Garments Ltd is listed on BSE

  • Today’s highest price of Kitex Garments Ltd is ₹879.65.
  • Today’s lowest price of Kitex Garments Ltd is ₹816.

PE Ratio of Kitex Garments Ltd is 56.02

PE ratio = Kitex Garments Ltd Market price per share / Kitex Garments Ltd Earnings per share

Today’s traded volume of Kitex Garments Ltd(KITEX) is 4.68L.

Today’s market capitalisation of Kitex Garments Ltd(KITEX) is ₹5588Cr.

Kitex Garments Ltd(KITEXPrice
52 Week High
₹879.65
52 Week Low
₹177

Kitex Garments Ltd(KITEX) share price is ₹829.45. It is down -5.71% from its 52 Week High price of ₹879.65

Kitex Garments Ltd(KITEX) share price is ₹829.45. It is up 368.62% from its 52 Week Low price of ₹177

Kitex Garments Ltd(KITEXReturns
1 Day Returns
-10.85%
1 Month Returns
38.08%
3 Month Returns
70.88%
1 Year Returns
301.1%