Kitex Garments Ltd.
•₹ 124.950.18%
2026-08-21
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.03x)
- Working capital cycle has improved - days down from 234 to 151
- Company comfortably covers its interest (15.7x coverage)
- Company has a consistent dividend-paying track record
- Company maintains a comfortable, low leverage position
CONS
- Recent results are weak - TTM profit is down 66.0% versus prior year
- Company has a low return on equity of 9.6% over last 3 years
- Total debt has risen sharply - up 112.4% year on year
- Contingent liabilities are large at 61.0% of net worth
- Company has delivered a poor profit growth of 7.1% over past five years
- Operating margins have contracted to 20.3% from 25.5%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | PAGEIND | 35557.20 | 0.00 | 39660.05 | 1.55 | 192.81 | -3.98 | 1420.45 | 7.89 | 73.60 | 20.35 |
| 2. | KPRMILL | 1153.80 | 43.23 | 39438.50 | 0.43 | 258.54 | 21.55 | 1935.52 | 14.77 | 20.16 | 19.37 |
| 3. | WELSPUNLIV | 188.95 | 64.30 | 17851.10 | 0.05 | 162.61 | 82.09 | 2795.45 | 23.66 | 15.04 | 11.53 |
| 4. | VTL | 599.50 | 20.47 | 17354.07 | 0.83 | 314.56 | 51.46 | 2703.08 | 13.31 | 11.31 | 18.11 |
| 5. | ARVIND | 538.70 | 35.39 | 14654.83 | 0.84 | 57.77 | 5.61 | 2500.96 | 24.65 | 13.98 | 9.64 |
| 6. | MANYAVAR | 546.95 | 32.99 | 13289.70 | 1.42 | 66.90 | 37.31 | 267.95 | 22.74 | 33.92 | 45.53 |
| 7. | PGIL | 2382.25 | 35.46 | 11003.74 | 0.61 | 99.23 | 51.37 | 1528.26 | 24.46 | 22.42 | 10.72 |
| 8. | SWANCORP | 306.15 | 42.92 | 9596.48 | 0.05 | -35.99 | -233.33 | 1013.75 | -16.44 | 4.50 | -0.38 |
| 9. | ICIL | 435.30 | 57.14 | 8621.31 | 0.34 | 63.22 | 67.28 | 1206.96 | 25.89 | 8.73 | 11.88 |
| 10. | GARFIBRES | 761.45 | 35.40 | 7435.43 | 1.18 | 64.60 | 21.56 | 482.37 | 31.35 | 20.98 | 18.70 |
| 11. | KUSUMGAR | 573.95 | 61.36 | 6025.98 | 0.00 | 426.47 | — | 2472.47 | — | 26.15 | 30.50 |
| 12. | KITEX | 124.35 | 0.00 | 2480.78 | 0.40 | -17.12 | -188.69 | 158.43 | -19.45 | 11.00 | 6.43 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 146 | 134 | 164 | 173 | 190 | 216 | 276 | 300 | 197 | 120 | 164 | 111 | 1,210 | |
| 131 | 114 | 131 | 138 | 149 | 160 | 223 | 252 | 160 | 132 | 151 | 105 | 1,140 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 6 | 8 | 9 | 5 | 5 | 12 | 15 | 5 | 16 | 9 | 15 | 79 |
| Interest | 1 | 2 | 2 | 3 | 2 | 3 | 4 | 5 | 4 | 4 | 4 | 4 | 30 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 29 |
| 10 | 19 | 34 | 36 | 40 | 54 | 58 | 55 | 35 | 15 | 15 | 14 | 149 | |
| Tax % | 23.32% | 28.81% | 38.30% | 27.97% | 24.33% | 25.36% | 25.32% | 28.60% | 25.44% | 26.50% | 30.89% | 30.19% | 25.24% |
| Net Profit | 8 | 13 | 21 | 26 | 30 | 40 | 43 | 40 | 26 | 11 | 10 | 10 | 112 |
| 1 | 2 | 3 | 1 | 4 | 6 | 7 | 2 | 1 | 1 | 1 | 0 | 1 | |
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 20 | 20 | 20 | 20 | 20 | 200 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 20 | 20 | 20 | 20 | 20 | 200 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 146
- 131
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 5
- 10
- Tax %
- 23.32%
- Net Profit
- 8
- 1
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 134
- 114
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 2
- Depreciation
- 5
- 19
- Tax %
- 28.81%
- Net Profit
- 13
- 2
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 164
- 131
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 2
- Depreciation
- 5
- 34
- Tax %
- 38.30%
- Net Profit
- 21
- 3
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 173
- 138
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 3
- Depreciation
- 5
- 36
- Tax %
- 27.97%
- Net Profit
- 26
- 1
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 190
- 149
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 2
- Depreciation
- 5
- 40
- Tax %
- 24.33%
- Net Profit
- 30
- 4
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 216
- 160
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 3
- Depreciation
- 4
- 54
- Tax %
- 25.36%
- Net Profit
- 40
- 6
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 276
- 223
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 4
- Depreciation
- 4
- 58
- Tax %
- 25.32%
- Net Profit
- 43
- 7
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 300
- 252
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 5
- Depreciation
- 3
- 55
- Tax %
- 28.60%
- Net Profit
- 40
- 2
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 197
- 160
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 4
- Depreciation
- 3
- 35
- Tax %
- 25.44%
- Net Profit
- 26
- 1
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 120
- 132
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 4
- Depreciation
- 3
- 15
- Tax %
- 26.50%
- Net Profit
- 11
- 1
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 164
- 151
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 4
- Depreciation
- 3
- 15
- Tax %
- 30.89%
- Net Profit
- 10
- 1
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 111
- 105
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 4
- Depreciation
- 3
- 14
- Tax %
- 30.19%
- Net Profit
- 10
- 0
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,210
- 1,140
- Operating Profit
- —
- OPM %
- —
- Other Income
- 79
- Interest
- 30
- Depreciation
- 29
- 149
- Tax %
- 25.24%
- Net Profit
- 112
- 1
- Equity Capital
- 200
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 200
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 546 | 546 | 557 | 607 | 739 | 455 | 788 | 557 | 617 | 983 | 516 | |
| 357 | 376 | 423 | 468 | 607 | 355 | 617 | 493 | 514 | 783 | 502 | |
| Operating Profit | 208 | 173 | 137 | 161 | 177 | 110 | 201 | 107 | 127 | 236 | — |
| OPM % | 38 | 32 | 25 | 27 | 24 | 24 | 25 | 19 | 21 | 24 | — |
| Other Income | 20 | 3 | 3 | 22 | 44 | 10 | 30 | 43 | 25 | 37 | 48 |
| Interest | 16 | 9 | 6 | 4 | 7 | 3 | 4 | 4 | 7 | 14 | 16 |
| Depreciation | 21 | 22 | 23 | 27 | 26 | 23 | 21 | 21 | 21 | 16 | 12 |
| 171 | 142 | 107 | 130 | 143 | 85 | 176 | 81 | 99 | 207 | 58 | |
| Tax % | 34 | 35 | 35 | 37 | 24 | 29 | 27 | 27 | 31 | 26 | 28 |
| Net Profit | 112 | 92 | 70 | 81 | 109 | 60 | 128 | 59 | 68 | 153 | 42 |
| EPS | 24 | 14 | 11 | 12 | 16 | 9 | 19 | 9 | 10 | 8 | — |
| Dividend Payout % | 6 | 8 | 14 | 12 | 9 | 17 | 8 | 17 | 15 | 7 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 5 | 4 | 4 | 5 | 3 | 6 | 3 | 3 | 8 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 5 | 4 | 4 | 5 | 3 | 6 | 3 | 3 | 8 | — |
Mar 2016
- 546
- 357
- Operating Profit
- 208
- OPM %
- 38
- Other Income
- 20
- Interest
- 16
- Depreciation
- 21
- 171
- Tax %
- 34
- Net Profit
- 112
- EPS
- 24
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2017
- 546
- 376
- Operating Profit
- 173
- OPM %
- 32
- Other Income
- 3
- Interest
- 9
- Depreciation
- 22
- 142
- Tax %
- 35
- Net Profit
- 92
- EPS
- 14
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2018
- 557
- 423
- Operating Profit
- 137
- OPM %
- 25
- Other Income
- 3
- Interest
- 6
- Depreciation
- 23
- 107
- Tax %
- 35
- Net Profit
- 70
- EPS
- 11
- Dividend Payout %
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2019
- 607
- 468
- Operating Profit
- 161
- OPM %
- 27
- Other Income
- 22
- Interest
- 4
- Depreciation
- 27
- 130
- Tax %
- 37
- Net Profit
- 81
- EPS
- 12
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2020
- 739
- 607
- Operating Profit
- 177
- OPM %
- 24
- Other Income
- 44
- Interest
- 7
- Depreciation
- 26
- 143
- Tax %
- 24
- Net Profit
- 109
- EPS
- 16
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2021
- 455
- 355
- Operating Profit
- 110
- OPM %
- 24
- Other Income
- 10
- Interest
- 3
- Depreciation
- 23
- 85
- Tax %
- 29
- Net Profit
- 60
- EPS
- 9
- Dividend Payout %
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2022
- 788
- 617
- Operating Profit
- 201
- OPM %
- 25
- Other Income
- 30
- Interest
- 4
- Depreciation
- 21
- 176
- Tax %
- 27
- Net Profit
- 128
- EPS
- 19
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2023
- 557
- 493
- Operating Profit
- 107
- OPM %
- 19
- Other Income
- 43
- Interest
- 4
- Depreciation
- 21
- 81
- Tax %
- 27
- Net Profit
- 59
- EPS
- 9
- Dividend Payout %
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2024
- 617
- 514
- Operating Profit
- 127
- OPM %
- 21
- Other Income
- 25
- Interest
- 7
- Depreciation
- 21
- 99
- Tax %
- 31
- Net Profit
- 68
- EPS
- 10
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2025
- 983
- 783
- Operating Profit
- 236
- OPM %
- 24
- Other Income
- 37
- Interest
- 14
- Depreciation
- 16
- 207
- Tax %
- 26
- Net Profit
- 153
- EPS
- 8
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
TTM
- 516
- 502
- Operating Profit
- —
- OPM %
- —
- Other Income
- 48
- Interest
- 16
- Depreciation
- 12
- 58
- Tax %
- 28
- Net Profit
- 42
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 7%
- 5 Years:
- 6%
- 3 Years:
- 8%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 4%
- 5 Years:
- 7%
- 3 Years:
- 6%
STOCK PRICE CAGR
- 10 Years:
- 1%
- 5 Years:
- 20%
- 3 Years:
- 27%
- 1 Year:
- -40%
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 11%
- 3 Years:
- 10%
- Last Year:
- 15%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 5 | 5 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 20 |
| 363 | 451 | 510 | 585 | 669 | 729 | 848 | 898 | 956 | 1,086 | |
| 102 | 0 | 0 | 87 | 96 | 0 | 73 | 25 | 77 | 163 | |
| Trade Payables | 42 | 45 | 43 | 42 | 47 | 41 | 62 | 42 | 52 | 74 |
| 68 | 65 | 58 | 140 | 124 | 113 | 109 | 54 | 71 | 84 | |
| Total Liabilities | 579 | 566 | 617 | 861 | 942 | 889 | 1,099 | 1,026 | 1,163 | 1,426 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 173 | 173 | 172 | 164 | 169 | 152 | 152 | 134 | 114 | 102 | |
| Capital Work in Progress | 0 | 14 | 32 | 38 | 20 | 20 | 12 | 20 | 26 | 34 |
| 5 | 12 | 27 | 29 | 35 | 35 | 33 | 298 | 333 | 455 | |
| 13 | 40 | 88 | 129 | 130 | 134 | 155 | 117 | 164 | 189 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 257 | 340 | |
| Cash & Bank | 250 | 135 | 97 | 99 | 107 | 151 | 133 | 83 | 66 | 62 |
| 138 | 193 | 203 | 402 | 480 | 397 | 615 | 373 | 203 | 244 | |
| Total Assets | 579 | 566 | 617 | 861 | 942 | 889 | 1,099 | 1,026 | 1,163 | 1,426 |
| Total Debt | 110 | 8 | 8 | 90 | 96 | 0 | 73 | 25 | 77 | 163 |
| Net Working Capital | 213 | 283 | 307 | 324 | 384 | 453 | 529 | 363 | 396 | 407 |
| Contingent Liabilities | 34 | 35 | 41 | 43 | 47 | 48 | 53 | 29 | 450 | 674 |
| Book Value per Share | 77.35 | 95.95 | 77.63 | 88.94 | 101.53 | 110.55 | 128.53 | 136.07 | 144.81 | 55.42 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 110 | 8 | 8 | 90 | 96 | 0 | 73 | 25 | 77 | 163 |
| Net Working Capital | 213 | 283 | 307 | 324 | 384 | 453 | 529 | 363 | 396 | 407 |
| Contingent Liabilities | 34 | 35 | 41 | 43 | 47 | 48 | 53 | 29 | 450 | 674 |
| Book Value per Share | 77.35 | 95.95 | 77.63 | 88.94 | 101.53 | 110.55 | 128.53 | 136.07 | 144.81 | 55.42 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2016
- Equity Capital
- 5
- 363
- 102
- Trade Payables
- 42
- 68
- Total Liabilities
- 579
- 173
- Capital Work in Progress
- 0
- 5
- 13
- 0
- Cash & Bank
- 250
- 138
- Total Assets
- 579
- Total Debt
- 110
- Net Working Capital
- 213
- Contingent Liabilities
- 34
- Book Value per Share
- 77.35
- Face Value
- 1.00
- Total Debt
- 110
- Net Working Capital
- 213
- Contingent Liabilities
- 34
- Book Value per Share
- 77.35
- Face Value
- 1.00
Mar 2017
- Equity Capital
- 5
- 451
- 0
- Trade Payables
- 45
- 65
- Total Liabilities
- 566
- 173
- Capital Work in Progress
- 14
- 12
- 40
- 0
- Cash & Bank
- 135
- 193
- Total Assets
- 566
- Total Debt
- 8
- Net Working Capital
- 283
- Contingent Liabilities
- 35
- Book Value per Share
- 95.95
- Face Value
- 1.00
- Total Debt
- 8
- Net Working Capital
- 283
- Contingent Liabilities
- 35
- Book Value per Share
- 95.95
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 7
- 510
- 0
- Trade Payables
- 43
- 58
- Total Liabilities
- 617
- 172
- Capital Work in Progress
- 32
- 27
- 88
- 0
- Cash & Bank
- 97
- 203
- Total Assets
- 617
- Total Debt
- 8
- Net Working Capital
- 307
- Contingent Liabilities
- 41
- Book Value per Share
- 77.63
- Face Value
- 1.00
- Total Debt
- 8
- Net Working Capital
- 307
- Contingent Liabilities
- 41
- Book Value per Share
- 77.63
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 7
- 585
- 87
- Trade Payables
- 42
- 140
- Total Liabilities
- 861
- 164
- Capital Work in Progress
- 38
- 29
- 129
- 0
- Cash & Bank
- 99
- 402
- Total Assets
- 861
- Total Debt
- 90
- Net Working Capital
- 324
- Contingent Liabilities
- 43
- Book Value per Share
- 88.94
- Face Value
- 1.00
- Total Debt
- 90
- Net Working Capital
- 324
- Contingent Liabilities
- 43
- Book Value per Share
- 88.94
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 7
- 669
- 96
- Trade Payables
- 47
- 124
- Total Liabilities
- 942
- 169
- Capital Work in Progress
- 20
- 35
- 130
- 0
- Cash & Bank
- 107
- 480
- Total Assets
- 942
- Total Debt
- 96
- Net Working Capital
- 384
- Contingent Liabilities
- 47
- Book Value per Share
- 101.53
- Face Value
- 1.00
- Total Debt
- 96
- Net Working Capital
- 384
- Contingent Liabilities
- 47
- Book Value per Share
- 101.53
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 7
- 729
- 0
- Trade Payables
- 41
- 113
- Total Liabilities
- 889
- 152
- Capital Work in Progress
- 20
- 35
- 134
- 0
- Cash & Bank
- 151
- 397
- Total Assets
- 889
- Total Debt
- 0
- Net Working Capital
- 453
- Contingent Liabilities
- 48
- Book Value per Share
- 110.55
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 453
- Contingent Liabilities
- 48
- Book Value per Share
- 110.55
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 7
- 848
- 73
- Trade Payables
- 62
- 109
- Total Liabilities
- 1,099
- 152
- Capital Work in Progress
- 12
- 33
- 155
- 0
- Cash & Bank
- 133
- 615
- Total Assets
- 1,099
- Total Debt
- 73
- Net Working Capital
- 529
- Contingent Liabilities
- 53
- Book Value per Share
- 128.53
- Face Value
- 1.00
- Total Debt
- 73
- Net Working Capital
- 529
- Contingent Liabilities
- 53
- Book Value per Share
- 128.53
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 7
- 898
- 25
- Trade Payables
- 42
- 54
- Total Liabilities
- 1,026
- 134
- Capital Work in Progress
- 20
- 298
- 117
- 0
- Cash & Bank
- 83
- 373
- Total Assets
- 1,026
- Total Debt
- 25
- Net Working Capital
- 363
- Contingent Liabilities
- 29
- Book Value per Share
- 136.07
- Face Value
- 1.00
- Total Debt
- 25
- Net Working Capital
- 363
- Contingent Liabilities
- 29
- Book Value per Share
- 136.07
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 7
- 956
- 77
- Trade Payables
- 52
- 71
- Total Liabilities
- 1,163
- 114
- Capital Work in Progress
- 26
- 333
- 164
- 257
- Cash & Bank
- 66
- 203
- Total Assets
- 1,163
- Total Debt
- 77
- Net Working Capital
- 396
- Contingent Liabilities
- 450
- Book Value per Share
- 144.81
- Face Value
- 1.00
- Total Debt
- 77
- Net Working Capital
- 396
- Contingent Liabilities
- 450
- Book Value per Share
- 144.81
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 20
- 1,086
- 163
- Trade Payables
- 74
- 84
- Total Liabilities
- 1,426
- 102
- Capital Work in Progress
- 34
- 455
- 189
- 340
- Cash & Bank
- 62
- 244
- Total Assets
- 1,426
- Total Debt
- 163
- Net Working Capital
- 407
- Contingent Liabilities
- 674
- Book Value per Share
- 55.42
- Face Value
- 1.00
- Total Debt
- 163
- Net Working Capital
- 407
- Contingent Liabilities
- 674
- Book Value per Share
- 55.42
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 135 | 45 | 29 | 10 | 59 | 116 | -9 | 242 | -30 | 78 | |
| Cash from Investing | -10 | -34 | -52 | -79 | -37 | -9 | -49 | -243 | -2 | -151 |
| Cash from Financing | -78 | -120 | -15 | 72 | -25 | -99 | 60 | -63 | 37 | 62 |
| 47 | -110 | -39 | 3 | -3 | 9 | 2 | -64 | 5 | -11 | |
| Free Cash Flow | 129 | 45 | -10 | -15 | 45 | 111 | -22 | 230 | -37 | 70 |
| OCF / Net Profit | 1.21 | 0.48 | 0.41 | 0.12 | 0.54 | 1.94 | -0.07 | 4.07 | -0.44 | 0.51 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 194 | 176 | 109 | 349 | 327 | 353 |
| OCF / Net Profit | 1.21 | 0.48 | 0.41 | 0.12 | 0.54 | 1.94 | -0.07 | 4.07 | -0.44 | 0.51 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 194 | 176 | 109 | 349 | 327 | 353 |
Mar 2016
- 135
- Cash from Investing
- -10
- Cash from Financing
- -78
- 47
- Free Cash Flow
- 129
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 0
Mar 2017
- 45
- Cash from Investing
- -34
- Cash from Financing
- -120
- -110
- Free Cash Flow
- 45
- OCF / Net Profit
- 0.48
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.48
- Cumulative 5-Year FCF
- 0
Mar 2018
- 29
- Cash from Investing
- -52
- Cash from Financing
- -15
- -39
- Free Cash Flow
- -10
- OCF / Net Profit
- 0.41
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.41
- Cumulative 5-Year FCF
- 0
Mar 2019
- 10
- Cash from Investing
- -79
- Cash from Financing
- 72
- 3
- Free Cash Flow
- -15
- OCF / Net Profit
- 0.12
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.12
- Cumulative 5-Year FCF
- 0
Mar 2020
- 59
- Cash from Investing
- -37
- Cash from Financing
- -25
- -3
- Free Cash Flow
- 45
- OCF / Net Profit
- 0.54
- Cumulative 5-Year FCF
- 194
- OCF / Net Profit
- 0.54
- Cumulative 5-Year FCF
- 194
Mar 2021
- 116
- Cash from Investing
- -9
- Cash from Financing
- -99
- 9
- Free Cash Flow
- 111
- OCF / Net Profit
- 1.94
- Cumulative 5-Year FCF
- 176
- OCF / Net Profit
- 1.94
- Cumulative 5-Year FCF
- 176
Mar 2022
- -9
- Cash from Investing
- -49
- Cash from Financing
- 60
- 2
- Free Cash Flow
- -22
- OCF / Net Profit
- -0.07
- Cumulative 5-Year FCF
- 109
- OCF / Net Profit
- -0.07
- Cumulative 5-Year FCF
- 109
Mar 2023
- 242
- Cash from Investing
- -243
- Cash from Financing
- -63
- -64
- Free Cash Flow
- 230
- OCF / Net Profit
- 4.07
- Cumulative 5-Year FCF
- 349
- OCF / Net Profit
- 4.07
- Cumulative 5-Year FCF
- 349
Mar 2024
- -30
- Cash from Investing
- -2
- Cash from Financing
- 37
- 5
- Free Cash Flow
- -37
- OCF / Net Profit
- -0.44
- Cumulative 5-Year FCF
- 327
- OCF / Net Profit
- -0.44
- Cumulative 5-Year FCF
- 327
Mar 2025
- 78
- Cash from Investing
- -151
- Cash from Financing
- 62
- -11
- Free Cash Flow
- 70
- OCF / Net Profit
- 0.51
- Cumulative 5-Year FCF
- 353
- OCF / Net Profit
- 0.51
- Cumulative 5-Year FCF
- 353
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 23.60 | 19.41 | 10.53 | 12.25 | 16.34 | 9.01 | 19.29 | 8.94 | 10.25 | 7.67 |
| Book Value (₹) | 77.35 | 95.95 | 77.63 | 88.94 | 101.53 | 110.55 | 128.53 | 136.07 | 144.81 | 55.42 |
| Dividend per Share (₹) | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 0.50 |
| Cash EPS (₹) | 6.69 | 5.72 | 4.68 | 5.45 | 6.77 | 4.16 | 7.50 | 4.04 | 4.46 | 8.45 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 38.20% | 31.75% | 24.53% | 26.59% | 23.90% | 24.26% | 25.48% | 19.23% | 16.61% | 20.34% |
| Net Margin % | 20.54% | 16.89% | 12.57% | 13.42% | 14.70% | 13.15% | 16.27% | 10.67% | 11.05% | 15.56% |
| ROE % | 35.51% | 22.41% | 14.41% | 14.71% | 17.16% | 8.49% | 16.14% | 6.75% | 7.30% | 14.79% |
| ROCE % | 41.48% | 32.18% | 22.93% | 22.24% | 20.68% | 11.60% | 21.58% | 9.25% | 10.81% | 19.13% |
| 20.12% | 16.11% | 11.83% | 11.02% | 12.05% | 6.54% | 12.91% | 5.59% | 6.23% | 11.82% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 53 | 76 | 83 | 87 | 103 | 172 | 114 | 170 | 136 | 111 |
| Inventory Days | 8 | 18 | 42 | 65 | 64 | 106 | 67 | 89 | 83 | 66 |
| Payable Days | 53 | 81 | 74 | 63 | 51 | 83 | 51 | 71 | 67 | 54 |
| 8 | 13 | 51 | 89 | 116 | 195 | 130 | 187 | 152 | 122 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.30x | 0.02x | 0.02x | 0.15x | 0.14x | 0.00x | 0.09x | 0.03x | 0.08x | 0.15x |
| Interest Coverage (x) | 11.59x | 16.35x | 19.49x | 34.55x | 21.38x | 34.41x | 49.58x | 19.21x | 14.51x | 15.75x |
| 2.20x | 4.92x | 5.39x | 2.34x | 2.57x | 4.41x | 3.35x | 4.42x | 3.23x | 2.30x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 6.79% | 0.02% | 2.08% | 8.89% | 21.82% | -38.40% | 73.11% | -29.34% | 10.76% | 59.31% |
| Operating Profit Growth % | 13.23% | -16.87% | -21.12% | 18.02% | 9.49% | -37.45% | 81.77% | -46.67% | 18.69% | 86.04% |
| Net Profit Growth % | 13.78% | -17.73% | -24.07% | 16.33% | 33.42% | -44.88% | 114.15% | -53.68% | 14.76% | 124.31% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 14.76% | -25.23% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.94x | 23.45x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.26x | 3.24x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.82% | 0.28% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 9.64x | 15.59x |
Mar 2016
- EPS (₹)
- 23.60
- Book Value (₹)
- 77.35
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 6.69
- Operating Margin %
- 38.20%
- Net Margin %
- 20.54%
- ROE %
- 35.51%
- ROCE %
- 41.48%
- 20.12%
- Debtor Days
- 53
- Inventory Days
- 8
- Payable Days
- 53
- 8
- Debt to Equity (x)
- 0.30x
- Interest Coverage (x)
- 11.59x
- 2.20x
- Revenue Growth %
- 6.79%
- Operating Profit Growth %
- 13.23%
- Net Profit Growth %
- 13.78%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 19.41
- Book Value (₹)
- 95.95
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 5.72
- Operating Margin %
- 31.75%
- Net Margin %
- 16.89%
- ROE %
- 22.41%
- ROCE %
- 32.18%
- 16.11%
- Debtor Days
- 76
- Inventory Days
- 18
- Payable Days
- 81
- 13
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 16.35x
- 4.92x
- Revenue Growth %
- 0.02%
- Operating Profit Growth %
- -16.87%
- Net Profit Growth %
- -17.73%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 10.53
- Book Value (₹)
- 77.63
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 4.68
- Operating Margin %
- 24.53%
- Net Margin %
- 12.57%
- ROE %
- 14.41%
- ROCE %
- 22.93%
- 11.83%
- Debtor Days
- 83
- Inventory Days
- 42
- Payable Days
- 74
- 51
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 19.49x
- 5.39x
- Revenue Growth %
- 2.08%
- Operating Profit Growth %
- -21.12%
- Net Profit Growth %
- -24.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 12.25
- Book Value (₹)
- 88.94
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 5.45
- Operating Margin %
- 26.59%
- Net Margin %
- 13.42%
- ROE %
- 14.71%
- ROCE %
- 22.24%
- 11.02%
- Debtor Days
- 87
- Inventory Days
- 65
- Payable Days
- 63
- 89
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 34.55x
- 2.34x
- Revenue Growth %
- 8.89%
- Operating Profit Growth %
- 18.02%
- Net Profit Growth %
- 16.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 16.34
- Book Value (₹)
- 101.53
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 6.77
- Operating Margin %
- 23.90%
- Net Margin %
- 14.70%
- ROE %
- 17.16%
- ROCE %
- 20.68%
- 12.05%
- Debtor Days
- 103
- Inventory Days
- 64
- Payable Days
- 51
- 116
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 21.38x
- 2.57x
- Revenue Growth %
- 21.82%
- Operating Profit Growth %
- 9.49%
- Net Profit Growth %
- 33.42%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 9.01
- Book Value (₹)
- 110.55
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 4.16
- Operating Margin %
- 24.26%
- Net Margin %
- 13.15%
- ROE %
- 8.49%
- ROCE %
- 11.60%
- 6.54%
- Debtor Days
- 172
- Inventory Days
- 106
- Payable Days
- 83
- 195
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 34.41x
- 4.41x
- Revenue Growth %
- -38.40%
- Operating Profit Growth %
- -37.45%
- Net Profit Growth %
- -44.88%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 19.29
- Book Value (₹)
- 128.53
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 7.50
- Operating Margin %
- 25.48%
- Net Margin %
- 16.27%
- ROE %
- 16.14%
- ROCE %
- 21.58%
- 12.91%
- Debtor Days
- 114
- Inventory Days
- 67
- Payable Days
- 51
- 130
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 49.58x
- 3.35x
- Revenue Growth %
- 73.11%
- Operating Profit Growth %
- 81.77%
- Net Profit Growth %
- 114.15%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 8.94
- Book Value (₹)
- 136.07
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 4.04
- Operating Margin %
- 19.23%
- Net Margin %
- 10.67%
- ROE %
- 6.75%
- ROCE %
- 9.25%
- 5.59%
- Debtor Days
- 170
- Inventory Days
- 89
- Payable Days
- 71
- 187
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 19.21x
- 4.42x
- Revenue Growth %
- -29.34%
- Operating Profit Growth %
- -46.67%
- Net Profit Growth %
- -53.68%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 10.25
- Book Value (₹)
- 144.81
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 4.46
- Operating Margin %
- 16.61%
- Net Margin %
- 11.05%
- ROE %
- 7.30%
- ROCE %
- 10.81%
- 6.23%
- Debtor Days
- 136
- Inventory Days
- 83
- Payable Days
- 67
- 152
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 14.51x
- 3.23x
- Revenue Growth %
- 10.76%
- Operating Profit Growth %
- 18.69%
- Net Profit Growth %
- 14.76%
- 14.76%
- P/E (x)
- 5.94x
- P/B (x)
- 1.26x
- Dividend Yield %
- 0.82%
- 9.64x
Mar 2025
- EPS (₹)
- 7.67
- Book Value (₹)
- 55.42
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 8.45
- Operating Margin %
- 20.34%
- Net Margin %
- 15.56%
- ROE %
- 14.79%
- ROCE %
- 19.13%
- 11.82%
- Debtor Days
- 111
- Inventory Days
- 66
- Payable Days
- 54
- 122
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 15.75x
- 2.30x
- Revenue Growth %
- 59.31%
- Operating Profit Growth %
- 86.04%
- Net Profit Growth %
- 124.31%
- -25.23%
- P/E (x)
- 23.45x
- P/B (x)
- 3.24x
- Dividend Yield %
- 0.28%
- 15.59x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-16 - Kitex Garments Limited has informed the Exchange about Copy of Newspaper Publication of unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
- Outcome of Board Meeting
2026-08-14 - Kitex Garments Limited has informed the Exchange regarding Outcome of Board Meeting held on August 14, 2026.
Annual Reports
Credit Ratings
Nothing filed yet.