Kitex Garments Ltd

NSE :KITEX   BSE :521248  Sector : Readymade Garments/ Apparells
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52 WK low / high

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52 WK low / high

22 Nov
636.95
(-4.51%)
21 Nov
667.05
(5.00%)
19 Nov
635.30
(5.00%)
18 Nov
605.05
(-0.55%)
14 Nov
608.40
(4.97%)
13 Nov
579.60
(-4.76%)
12 Nov
608.55
(-3.10%)
11 Nov
628.05
(-0.90%)
08 Nov
633.75
(-2.66%)
07 Nov
651.05
(5.00%)
06 Nov
620.05
(0.69%)
05 Nov
615.80
(-4.37%)
04 Nov
643.95
(5.00%)
01 Nov
613.30
(5.00%)
31 Oct
584.10
(5.00%)
30 Oct
556.30
(3.30%)
29 Oct
538.55
(4.60%)
28 Oct
514.85
(1.57%)
25 Oct
506.90
(-0.35%)
24 Oct
508.70
(4.99%)
23 Oct
484.50
(5.00%)


Technical Analysis

Short Term Investors

Very Bullish

Medium Term Investors

Very Bullish

Long Term Investors

Very Bullish

Moving Averages

5 DMA
Bullish

631.73


10 DMA
Bullish

626.06


20 DMA
Bullish

597.77


50 DMA
Bullish

540.88


100 DMA
Bullish

413.54


200 DMA
Bullish

314.94



Intraday Support and Resistance
(Based on Pivot Points) |

Updated On Nov 22, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 712.79 696.32 649.64 - -
R2 696.32 678.69 645.41 693.01 -
R1 666.64 667.8 641.18 660.02 681.48
P 650.17 650.17 650.17 646.86 657.59
S1 620.49 632.54 632.72 613.87 635.33
S2 604.02 621.65 628.49 600.71 -
S3 574.34 604.02 624.26 - -

Key Metrics

EPS

17.58

P/E

38.05

P/B

4.35

Dividend Yield

0.22%

Market Cap

4,436 Cr.

Face Value

1

Book Value

146.44

ROE

6.33%

EBITDA Growth

56.95 Cr.

Debt/Equity

0.4

Shareholding Pattern

  56.66% Total Promoter Holding
0% Mutual Fund Holdings
0.74% FIIs
42.6% Non Institution
0% Insurance Companies
0% Custodians
0% Other Parties

Shareholding History


Quarterly Result (Figures in Rs. Crores)


Kitex Garments Ltd Quaterly Results


Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
INCOME 140.08 166.63 176.29 193.15 218.98
PROFIT 13.27 15.07 20.13 27.32 37.34
EPS 2 2.25 3.03 4.11 5.61

Kitex Garments Ltd Quaterly Results


Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
INCOME 139.48 172.17 182.11 195.02 220.91
PROFIT 13.21 21 25.99 29.95 39.94
EPS 1.99 3.16 3.91 4.5 6.01

Profit & Loss (Figures in Rs. Crores)


Kitex Garments Ltd Profit & Loss


Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
INCOME 524.74 568.39 565.12 597.28 665.72 774 460.08 822.11 576.79 673.45
PROFIT 98.93 109.77 83.68 63.7 71.5 103.42 54.27 124.95 57.55 56.28
EPS 14.63 16.64 13.76 10.53 12.22 15.54 8.16 18.82 8.56 8.4

Kitex Garments Ltd Profit & Loss


Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
INCOME 524.74 568.39 565.12 597.28 665.71 779.18 465.87 825.18 575.81 683.87
PROFIT 98.93 112.18 92.44 70.17 81.51 108.72 59.9 128.11 59.42 68.14
EPS 14.63 16.64 13.86 10.53 12.25 16.34 9.01 19.29 8.94 10.25

Balance Sheet (Figures in Rs. Crores)

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
SOURCES OF FUNDS :
Share Capital 6.656.656.656.656.656.656.654.754.754.75
Reserves Total 897.94851.68805.5689.12634.73556.84492.05439.84360.24259.13
Total Shareholders Funds904.59858.33812.15695.77641.38563.49498.7444.59364.99263.88
Minority Interest127.54118.4200000000
Secured Loans 681.22573.07096.1390.018.028.29110.09161.23
Total Debt681.22573.07096.1390.018.028.29110.09161.23
Other Liabilities123.6661.8613.3815.3915.8714.4815.0117.214.573.28
Total Liabilities1,836.991,063.61898.6711.16753.38667.98521.73470.09479.65428.39
APPLICATION OF FUNDS :
Gross Block 425.74424.87382.99346.48329.54284.1214.66194.62268.3262.52
Less: Accumulated Depreciation181.59161.12139.91119.0495.9369.7143.0121.7895.3174.3
Net Block244.15263.75243.08227.44233.61214.39171.65172.84172.99188.22
Capital Work in Progress885.97292.2111.6220.0920.6339.8734.0215.651.240.29
Investments 0.090.030.020.030.020.079.020.652.210
Inventories 164.09116.93154.53134.29130.33128.8887.8240.513.0211.2
Sundry Debtors 256.81203.46314.15177.65251.57165.32123.01131.1596.0162.66
Cash and Bank Balance69.23100.81133.86151.4107.2998.9596.87134.53249.91203.26
Loans and Advances 91.4640.2676.5860.5466.3298.0369.1148.7732.4864.07
Total Current Assets581.6461.47679.13523.87555.51491.17376.81354.95391.42341.19
Current Liabilities 62.2951.0869.4449.3357.5150.2751.225150.4934.35
Provisions 23.2415.3520.1221.2717.3826.0411.2716.0125.6649.96
Total Current Liabilities & Provisions85.5366.4289.5670.674.8976.3162.4967.0176.1684.31
Net Current Assets496.07395.05589.57453.27480.62414.86314.32287.94315.26256.88
Deferred Tax Assets3.563.432.783.663.913.644.263.631.691.2
Deferred Tax Liability6.177.398.259.3310.7517.0319.9921.2722.323.79
Net Deferred Tax-2.61-3.96-5.47-5.67-6.84-13.39-15.73-17.64-20.61-22.59
Other Assets213.31116.5159.7616.0125.3212.188.4610.668.555.57
Total Assets1,836.991,063.6898.58711.18753.36667.98521.73470.1479.64428.38
Contingent Liabilities24.1424.1257.43049.243.0440.8134.8933.6530.51
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
SOURCES OF FUNDS :
Share Capital 6.656.656.656.656.656.656.654.754.754.75
Reserves Total 956.35898.24848.08728.54668.51584.79509.56451362.64259.13
Total Shareholders Funds963904.89854.73735.19675.16591.44516.21455.75367.39263.88
Secured Loans 76.522573.07096.1390.018.028.29110.09161.23
Total Debt76.522573.07096.1390.018.028.29110.09161.23
Other Liabilities19.8410.3713.3815.3915.8714.4815.0117.214.573.28
Total Liabilities1,059.36940.26941.18750.58787.16695.93539.24481.25482.05428.39
APPLICATION OF FUNDS :
Gross Block 295.65295.01291.77270.56265.38234.08214.66194.62268.3262.52
Less : Accumulated Depreciation 181.58161.12139.91119.0495.9369.7143.0121.7895.3174.3
Net Block 114.07133.89151.86151.52169.45164.37171.65172.84172.99188.22
Capital Work in Progress26.4620.4311.6220.0920.6339.8734.0215.651.240.29
Investments 332.71297.9532.9935.3735.3629.2326.5311.814.620
Inventories 164.09116.93154.53134.29130.33128.8887.8240.513.0211.2
Sundry Debtors 256.81203.46314.15177.65251.57165.32123.01131.1596.0162.66
Cash and Bank Balance65.8883.08132.99150.57106.5598.6496.87134.53249.91203.26
Loans and Advances 69.3450.1289.5160.5466.3297.9369.1148.7732.4864.07
Total Current Assets556.12453.59691.18523.05554.77490.76376.81354.95391.42341.19
Current Liabilities 60.4649.9669.1648.935750.2751.225150.4934.35
Provisions 23.2415.3520.1221.2717.3826.0411.2716.0125.6649.96
Total Current Liabilities & Provisions83.765.389.2870.274.3776.3162.4967.0176.1684.31
Net Current Assets472.42388.29601.91452.84480.39414.44314.32287.94315.26256.88
Deferred Tax Assets3.563.433.363.663.913.644.263.631.691.2
Deferred Tax Liability6.177.399.159.6310.7517.0319.9921.2722.323.79
Net Deferred Tax-2.61-3.96-5.79-5.97-6.84-13.39-15.73-17.64-20.61-22.59
Other Assets116.31103.67148.5896.7288.1661.398.4610.668.555.57
Total Assets1,059.36940.27941.17750.58787.15695.91539.24481.26482.05428.38
Contingent Liabilities45132.3557.43049.243.0440.8134.8933.6529.91

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...86.72
Depreciation20.7
Interest (Net)5.79
Prov. and W/O (Net)3.06
P/L in Forex-2.05
Others-10.03
Total Adjustments (PBT and Ext...22.16
Operating Profit before Workin...108.88
Trade and 0ther Receivables-79.03
Inventories-47.16
Trade Payables3.92
Total Adjustments (OP before W...-122.27
Cash Generated from/(used in) ...-13.38
Direct Taxes Paid-24.87
Total Adjustments(Cash Generat...-24.87
Cash Flow before Extraordinary...-38.26
Net Cash from Operating Activi...-38.26
Purchased of Fixed Assets-617.01
Sale of Fixed Assets0.12
Interest Received1.64
Net Cash used in Investing Act...-607.32
Proceeds from Issue of shares ...3.18
Proceed from Bank Borrowings661.32
Interest Paid-4.61
Net Cash used in Financing Act...649.87
Net Profit before Tax and Extr...99.08
Depreciation20.7
Interest (Net)-1.75
P/L on Sales of Assets-0.07
Prov. and W/O (Net)3.06
P/L in Forex-2.05
Others-10.03
Total Adjustments (PBT and Ext...14.62
Operating Profit before Workin...113.7
Trade and 0ther Receivables-78.13
Inventories-47.16
Trade Payables6.34
Total Adjustments (OP before W...-118.94
Cash Generated from/(used in) ...-5.24
Direct Taxes Paid-24.87
Total Adjustments(Cash Generat...-24.87
Cash Flow before Extraordinary...-30.11
Net Cash from Operating Activi...-30.11
Purchased of Fixed Assets-6
Sale of Fixed Assets0.12
Interest Received1.64
Invest.In Subsidiaires-19.68
Loans to Subsidiaires-0.11
Net Cash used in Investing Act...-2.1
Proceed from 0ther Long Term B...51.52
Interest Paid-4.61
Net Cash used in Financing Act...36.88

Company Details

Registered Office
AddressP B No 5 ALwaye,
Kizhakkambalam
CityKochi
StateKerala
Pin Code683562
Tel. No.91-484-2682200(23 lines)
Fax. No.91-484-2680604
Emailsect@kitexgarments.com; kgl@kitexgarments.com
Internethttp://www.kitexgarments.com
Registrars
AddressP B No 5 ALwaye
CityKochi
StateKerala
Pin Code683562
Tel. No.91-484-2682200(23 lines)
Fax. No.91-484-2680604
Emailsect@kitexgarments.com; kgl@kitexgarments.com
Internethttp://www.kitexgarments.com
Management
Name Designation
Sabu M JacobChairman & Managing Director
Benni JosephIndependent Director
K L V NarayananNon Executive Director
Sindhu ChandrasekharWhole-time Director
C P PhiliposeIndependent Director
Sumi FrancisIndependent Director
Dayana JosephCompany Sec. & Compli. Officer
AMPRAYIL KURIEN MATHEWIndependent Director