Kitex Garments Ltd Performance
Day's Low
₹225.05Day's Price Range₹244.252 Week's Low
52 Week's High
₹5952-Week Price Range₹295.47
| Returns % | |
| 1 Month Return | -11.51 % |
| 3 Month Return | + 43.72 % |
| 1 Year Return | + 224.65 % |
| Market Stats | |
| Previous Close | ₹232.58 |
| Open | ₹225.05 |
| Volume | 1.12L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹4,640.04Cr |
Kitex Garments Ltd Key Statistics
| P/E Ratio | 46.52 |
| PEG Ratio | 11.62 |
| Market Cap | ₹4,640.04 Cr |
| P/B Ratio | 1.26 |
| EPS | 2.79997200028 |
| Dividend Yield | 0.82 |
| Sector | Readymade Garments/ Apparells |
| ROE | 7.3 |
Kitex Garments Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹4,640.04 Cr | 97.18% | 0.55 | ₹55 Cr | ₹616 Cr | |
| BUY | ₹2,489.84 Cr | 42.27% | 0.64 | ₹91 Cr | ₹1,572 Cr | |
| NA | ₹15.78 Cr | 46.88% | 1.32 | NA | NA | |
| NA | ₹474.40 Cr | 1940% | 0.55 | NA | NA | |
| BUY | ₹501.41 Cr | 161.9% | 0.69 | NA | NA |
About Kitex Garments Ltd
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: ₹244.20 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹4,640.04Cr 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
| Organisation | Kitex Garments Ltd |
| Headquarters | Kochi |
| Industry | Readymade Garments/ Apparells |
| E-voting on shares | Click here to vote |
Key events for Kitex Garments Ltd
Kitex Garments Shows Signs of Revival Amid Market Pressure - 14 Jan, 2025
Despite market challenges, Kitex Garments is demonstrating resilience with a potential upward trend. Analysts suggest a buy at ₹715 with a target of ₹765, indicating positive momentum.Kitex Garments Faces Decline Amid Future Prospects - 06 Jan, 2025
Kitex Garments' stock fell 5% to Rs 658.80, down 23% from its December 2024 high. Despite this, India Ratings expects improved EBITDA margins in FY25 due to a textile industry recovery, although margins may moderate in FY26 and FY27 due to higher overheads from new operations.Kitex Garments Receives 'Hold' Rating Amid Mixed Results - 30 Dec, 2024
Kitex Garments was downgraded to a 'Hold' rating due to mixed financial performance. Despite a 175.96% net profit growth in Q3 2024, long-term growth remains weak with only a 2.47% annual sales increase over five years. The company's high valuation and lack of domestic mutual fund investment raise concerns about its fundamentals.Kitex Garments Reports Strong Growth Amid Market Challenges - 23 Dec, 2024
Kitex Garments hit a 5% lower circuit limit at ₹757.20 despite strong Q2FY25 results, with a 47.79% income increase and 370.29% PAT growth. The company plans a 2:1 bonus share issue, aiming for ₹1,000 crore turnover this fiscal. The unrest in Bangladesh has positively impacted the Indian garment industry.
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.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 42.52% to 42.60% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 5 quarters, 140.08 Cr → 218.98 Cr (in ₹), with an average increase of 10.5% per quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, KITEX stock has moved up by 2.6%
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 8 quarters, -4.08 Cr → 37.34 Cr (in ₹), with an average increase of 58.5% per quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, KITEX has outperformed top 5 stocks with highest market-cap in Apparel & Accessories
NO EFFECTAgainst Peers
In the last 3 years, Safari Industries India Ltd has given 436.5% return, outperforming this stock by 263.9%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 56.66% of holdings in Sep 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 0.82% to 0.74% in Sep 2024 quarter
Kitex Garments Ltd Financials
Index Inclusions
Kitex Garments Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 56.66% | 0.00 | |
| Foreign Institutions | 0.74% | ||
| Mutual Funds | 0% | 0.00 | |
| Retail Investors | 42.6% | 0.20 | |
| Others | 0% |
Kitex Garments Ltd Key Indicators
Kitex Garments Ltd Valuation
Kitex Garments Ltd in the last 5 years
Lowest (2.96x)
January 17, 2020
Today (46.52x)
January 16, 2025
Industry (70.39x)
January 16, 2025
Highest (78.33x)
December 14, 2023
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 ResultsKitex 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 1.23%.
Read More about Dividends
Kitex Garments Ltd Technicals Summary
Bearish
Neutral
Bullish
Kitex Garments Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Kitex Garments Ltd
Kitex Garments Ltd share price today stands at ₹244.2, Open. ₹225.05 ; Previous Close. ₹232.58 ; High. ₹244.2 ; Low. ₹225.05 ; 52 Week High. ₹295.47 ; 52 Week Low: ₹59.
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Kitex Garments Ltd is listed on NSE
Kitex Garments Ltd is listed on BSE
- Today’s highest price of Kitex Garments Ltd is ₹244.2.
- Today’s lowest price of Kitex Garments Ltd is ₹225.05.
PE Ratio of Kitex Garments Ltd is 46.52
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 1.12L.
Today’s market capitalisation of Kitex Garments Ltd(KITEX) is ₹4640.04Cr.
| Kitex Garments Ltd(KITEX | Price |
|---|---|
52 Week High | ₹295.47 |
52 Week Low | ₹59 |
Kitex Garments Ltd(KITEX) share price is ₹244.2. It is down -17.35% from its 52 Week High price of ₹295.47
Kitex Garments Ltd(KITEX) share price is ₹244.2. It is up 313.90% from its 52 Week Low price of ₹59
| Kitex Garments Ltd(KITEX | Returns |
|---|---|
1 Day Returns | 11.62% |
1 Month Returns | -11.51% |
3 Month Returns | 43.72% |
1 Year Returns | 224.65% |