Kitex Garments Ltd
NSE :KITEX BSE :521248 Sector : Readymade Garments/ ApparellsBuy, Sell or Hold KITEX? Ask The Analyst
BSE
Mar 21, 00:00
173.65
3.05 (1.79%)
prev close
170.60
OPEN PRICE
174.90
volume
21012
Today's low / high
170.00 / 175.00
52 WK low / high
58.93 / 300.00
bid price (qty)
0 (0)
offer price (qty)
0 (0)
NSE
Mar 21, 00:00
173.72
2.82 (1.65%)
prev close
170.90
open price
170.90
volume
385568
Today's' low / high
169.94 / 175.00
52 WK low / high
59.00 / 295.46
bid price (qty)
173.72 (1462)
offer price (qty)
0 (0)
21 Mar 173.72 (1.65%) | 20 Mar 170.90 (-0.36%) | 19 Mar 171.52 (2.17%) | 18 Mar 167.87 (5.00%) | 17 Mar 159.88 (-0.57%) | 13 Mar 160.79 (-1.67%) | 12 Mar 163.52 (2.93%) | 11 Mar 158.87 (-3.24%) | 10 Mar 164.19 (-4.21%) | 07 Mar 171.41 (0.87%) | 06 Mar 169.94 (0.26%) | 05 Mar 169.50 (5.00%) | 04 Mar 161.43 (5.00%) | 03 Mar 153.75 (-4.57%) | 28 Feb 161.12 (-5.01%) | 27 Feb 169.61 (-5.00%) | 25 Feb 178.54 (-1.38%) | 24 Feb 181.03 (-5.00%) | 21 Feb 190.56 (-4.97%) | 20 Feb 200.53 (0.39%) | 19 Feb 199.76 (5.00%) |
Technical Analysis
Short Term Investors

Neutral
Medium Term Investors

Bearish
Long Term Investors

Bullish
Moving Averages
5 DMA
Bullish
168.49
10 DMA
Bullish
166.14
20 DMA
Bullish
170.06
50 DMA
Bearish
195.73
100 DMA
Bearish
214.76
200 DMA
Bullish
164.82
Intraday Support and Resistance
(Based on Pivot Points) NSE : 173.72 | BSE : 173.65
Updated On Mar 21, 2025 04:00 PM For Next Trading Session
Pivots | Classic | Fibonacci | Camarilla | Woodie | DM |
---|---|---|---|---|---|
R3 | 180.9 | 177.95 | 175.11 | - | - |
R2 | 177.95 | 176.02 | 174.65 | 178.16 | - |
R1 | 175.84 | 174.82 | 174.18 | 176.26 | 176.89 |
P | 172.89 | 172.89 | 172.89 | 173.1 | 173.42 |
S1 | 170.78 | 170.96 | 173.26 | 171.2 | 171.83 |
S2 | 167.83 | 169.76 | 172.79 | 168.04 | - |
S3 | 165.72 | 167.83 | 172.33 | - | - |
Key Metrics
EPS
6.98
P/E
24.88
P/B
3.39
Dividend Yield
0.29%
Market Cap
3,466 Cr.
Face Value
1
Book Value
51.27
ROE
6.33%
EBITDA Growth
61.44 Cr.
Debt/Equity
0.4
Shareholding History
Quarterly Result (Figures in Rs. Crores)
Kitex Garments Ltd Quaterly Results
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | ||
INCOME | 166.63 | 176.29 | 193.15 | 218.98 | 284.36 | |
PROFIT | 15.07 | 20.13 | 27.32 | 37.34 | 41.03 | |
EPS | 2.25 | 3.03 | 4.11 | 5.61 | 6.17 |
Kitex Garments Ltd Quaterly Results
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | ||
INCOME | 172.17 | 182.11 | 195.02 | 220.91 | 287.88 | |
PROFIT | 21 | 25.99 | 29.95 | 39.94 | 43.45 | |
EPS | 3.16 | 3.91 | 4.5 | 6.01 | 6.53 |
Profit & Loss (Figures in Rs. Crores)
Kitex Garments Ltd Profit & Loss
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 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 | 4.88 | 5.55 | 4.59 | 3.51 | 4.07 | 5.18 | 2.72 | 6.27 | 2.85 | 2.8 |
Kitex Garments Ltd Profit & Loss
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 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 | 4.88 | 5.55 | 4.62 | 3.51 | 4.08 | 5.45 | 3 | 6.43 | 2.98 | 3.42 |
Balance Sheet (Figures in Rs. Crores)
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
SOURCES OF FUNDS : | ||||||||||
Share Capital | 6.65 | 6.65 | 6.65 | 6.65 | 6.65 | 6.65 | 6.65 | 4.75 | 4.75 | 4.75 |
Reserves Total | 897.94 | 851.68 | 805.5 | 689.12 | 634.73 | 556.84 | 492.05 | 439.84 | 360.24 | 259.13 |
Total Shareholders Funds | 904.59 | 858.33 | 812.15 | 695.77 | 641.38 | 563.49 | 498.7 | 444.59 | 364.99 | 263.88 |
Minority Interest | 127.54 | 118.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Secured Loans | 681.2 | 25 | 73.07 | 0 | 96.13 | 90.01 | 8.02 | 8.29 | 110.09 | 161.23 |
Total Debt | 681.2 | 25 | 73.07 | 0 | 96.13 | 90.01 | 8.02 | 8.29 | 110.09 | 161.23 |
Other Liabilities | 123.66 | 61.86 | 13.38 | 15.39 | 15.87 | 14.48 | 15.01 | 17.21 | 4.57 | 3.28 |
Total Liabilities | 1,836.99 | 1,063.61 | 898.6 | 711.16 | 753.38 | 667.98 | 521.73 | 470.09 | 479.65 | 428.39 |
APPLICATION OF FUNDS : | ||||||||||
Gross Block | 425.74 | 424.87 | 382.99 | 346.48 | 329.54 | 284.1 | 214.66 | 194.62 | 268.3 | 262.52 |
Less: Accumulated Depreciation | 181.59 | 161.12 | 139.91 | 119.04 | 95.93 | 69.71 | 43.01 | 21.78 | 95.31 | 74.3 |
Net Block | 244.15 | 263.75 | 243.08 | 227.44 | 233.61 | 214.39 | 171.65 | 172.84 | 172.99 | 188.22 |
Capital Work in Progress | 885.97 | 292.21 | 11.62 | 20.09 | 20.63 | 39.87 | 34.02 | 15.65 | 1.24 | 0.29 |
Investments | 0.09 | 0.03 | 0.02 | 0.03 | 0.02 | 0.07 | 9.02 | 0.65 | 2.21 | 0 |
Inventories | 164.09 | 116.93 | 154.53 | 134.29 | 130.33 | 128.88 | 87.82 | 40.5 | 13.02 | 11.2 |
Sundry Debtors | 256.81 | 203.46 | 314.15 | 177.65 | 251.57 | 165.32 | 123.01 | 131.15 | 96.01 | 62.66 |
Cash and Bank Balance | 69.23 | 100.81 | 133.86 | 151.4 | 107.29 | 98.95 | 96.87 | 134.53 | 249.91 | 203.26 |
Loans and Advances | 91.46 | 40.26 | 76.58 | 60.54 | 66.32 | 98.03 | 69.11 | 48.77 | 32.48 | 64.07 |
Total Current Assets | 581.6 | 461.47 | 679.13 | 523.87 | 555.51 | 491.17 | 376.81 | 354.95 | 391.42 | 341.19 |
Current Liabilities | 62.29 | 51.08 | 69.44 | 49.33 | 57.51 | 50.27 | 51.22 | 51 | 50.49 | 34.35 |
Provisions | 23.24 | 15.35 | 20.12 | 21.27 | 17.38 | 26.04 | 11.27 | 16.01 | 25.66 | 49.96 |
Total Current Liabilities & Provisions | 85.53 | 66.42 | 89.56 | 70.6 | 74.89 | 76.31 | 62.49 | 67.01 | 76.16 | 84.31 |
Net Current Assets | 496.07 | 395.05 | 589.57 | 453.27 | 480.62 | 414.86 | 314.32 | 287.94 | 315.26 | 256.88 |
Deferred Tax Assets | 3.56 | 3.43 | 2.78 | 3.66 | 3.91 | 3.64 | 4.26 | 3.63 | 1.69 | 1.2 |
Deferred Tax Liability | 6.17 | 7.39 | 8.25 | 9.33 | 10.75 | 17.03 | 19.99 | 21.27 | 22.3 | 23.79 |
Net Deferred Tax | -2.61 | -3.96 | -5.47 | -5.67 | -6.84 | -13.39 | -15.73 | -17.64 | -20.61 | -22.59 |
Other Assets | 213.31 | 116.51 | 59.76 | 16.01 | 25.32 | 12.18 | 8.46 | 10.66 | 8.55 | 5.57 |
Total Assets | 1,836.99 | 1,063.6 | 898.58 | 711.18 | 753.36 | 667.98 | 521.73 | 470.1 | 479.64 | 428.38 |
Contingent Liabilities | 24.14 | 24.12 | 57.43 | 0 | 49.2 | 43.04 | 40.81 | 34.89 | 33.65 | 30.51 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
SOURCES OF FUNDS : | ||||||||||
Share Capital | 6.65 | 6.65 | 6.65 | 6.65 | 6.65 | 6.65 | 6.65 | 4.75 | 4.75 | 4.75 |
Reserves Total | 956.35 | 898.24 | 848.08 | 728.54 | 668.51 | 584.79 | 509.56 | 451 | 362.64 | 259.13 |
Total Shareholders Funds | 963 | 904.89 | 854.73 | 735.19 | 675.16 | 591.44 | 516.21 | 455.75 | 367.39 | 263.88 |
Secured Loans | 76.52 | 25 | 73.07 | 0 | 96.13 | 90.01 | 8.02 | 8.29 | 110.09 | 161.23 |
Total Debt | 76.52 | 25 | 73.07 | 0 | 96.13 | 90.01 | 8.02 | 8.29 | 110.09 | 161.23 |
Other Liabilities | 19.84 | 10.37 | 13.38 | 15.39 | 15.87 | 14.48 | 15.01 | 17.21 | 4.57 | 3.28 |
Total Liabilities | 1,059.36 | 940.26 | 941.18 | 750.58 | 787.16 | 695.93 | 539.24 | 481.25 | 482.05 | 428.39 |
APPLICATION OF FUNDS : | ||||||||||
Gross Block | 295.65 | 295.01 | 291.77 | 270.56 | 265.38 | 234.08 | 214.66 | 194.62 | 268.3 | 262.52 |
Less : Accumulated Depreciation | 181.58 | 161.12 | 139.91 | 119.04 | 95.93 | 69.71 | 43.01 | 21.78 | 95.31 | 74.3 |
Net Block | 114.07 | 133.89 | 151.86 | 151.52 | 169.45 | 164.37 | 171.65 | 172.84 | 172.99 | 188.22 |
Capital Work in Progress | 26.46 | 20.43 | 11.62 | 20.09 | 20.63 | 39.87 | 34.02 | 15.65 | 1.24 | 0.29 |
Investments | 332.71 | 297.95 | 32.99 | 35.37 | 35.36 | 29.23 | 26.53 | 11.81 | 4.62 | 0 |
Inventories | 164.09 | 116.93 | 154.53 | 134.29 | 130.33 | 128.88 | 87.82 | 40.5 | 13.02 | 11.2 |
Sundry Debtors | 256.81 | 203.46 | 314.15 | 177.65 | 251.57 | 165.32 | 123.01 | 131.15 | 96.01 | 62.66 |
Cash and Bank Balance | 65.88 | 83.08 | 132.99 | 150.57 | 106.55 | 98.64 | 96.87 | 134.53 | 249.91 | 203.26 |
Loans and Advances | 69.34 | 50.12 | 89.51 | 60.54 | 66.32 | 97.93 | 69.11 | 48.77 | 32.48 | 64.07 |
Total Current Assets | 556.12 | 453.59 | 691.18 | 523.05 | 554.77 | 490.76 | 376.81 | 354.95 | 391.42 | 341.19 |
Current Liabilities | 60.46 | 49.96 | 69.16 | 48.93 | 57 | 50.27 | 51.22 | 51 | 50.49 | 34.35 |
Provisions | 23.24 | 15.35 | 20.12 | 21.27 | 17.38 | 26.04 | 11.27 | 16.01 | 25.66 | 49.96 |
Total Current Liabilities & Provisions | 83.7 | 65.3 | 89.28 | 70.2 | 74.37 | 76.31 | 62.49 | 67.01 | 76.16 | 84.31 |
Net Current Assets | 472.42 | 388.29 | 601.91 | 452.84 | 480.39 | 414.44 | 314.32 | 287.94 | 315.26 | 256.88 |
Deferred Tax Assets | 3.56 | 3.43 | 3.36 | 3.66 | 3.91 | 3.64 | 4.26 | 3.63 | 1.69 | 1.2 |
Deferred Tax Liability | 6.17 | 7.39 | 9.15 | 9.63 | 10.75 | 17.03 | 19.99 | 21.27 | 22.3 | 23.79 |
Net Deferred Tax | -2.61 | -3.96 | -5.79 | -5.97 | -6.84 | -13.39 | -15.73 | -17.64 | -20.61 | -22.59 |
Other Assets | 116.31 | 103.67 | 148.58 | 96.72 | 88.16 | 61.39 | 8.46 | 10.66 | 8.55 | 5.57 |
Total Assets | 1,059.36 | 940.27 | 941.17 | 750.58 | 787.15 | 695.91 | 539.24 | 481.26 | 482.05 | 428.38 |
Contingent Liabilities | 451 | 32.35 | 57.43 | 0 | 49.2 | 43.04 | 40.81 | 34.89 | 33.65 | 29.91 |
Cash Flow (Figures in Rs. Crores)
Net Profit before Tax and Extr... | 86.72 |
Depreciation | 20.7 |
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 Payables | 3.92 |
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 Assets | 0.12 |
Interest Received | 1.64 |
Net Cash used in Investing Act... | -607.32 |
Proceeds from Issue of shares ... | 3.18 |
Proceed from Bank Borrowings | 661.32 |
Interest Paid | -4.61 |
Net Cash used in Financing Act... | 649.87 |
Net Profit before Tax and Extr... | 99.08 |
Depreciation | 20.7 |
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 Payables | 6.34 |
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 Assets | 0.12 |
Interest Received | 1.64 |
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 |
|
Address | P B No 5 ALwaye, Kizhakkambalam |
City | Kochi |
State | Kerala |
Pin Code | 683562 |
Tel. No. | 91-484-2682200(23 lines) |
Fax. No. | 91-484-2680604 |
sect@kitexgarments.com; kgl@kitexgarments.com | |
Internet | http://www.kitexgarments.com |
Registrars |
|
Address | P B No 5 ALwaye |
City | Kochi |
State | Kerala |
Pin Code | 683562 |
Tel. No. | 91-484-2682200(23 lines) |
Fax. No. | 91-484-2680604 |
sect@kitexgarments.com; kgl@kitexgarments.com | |
Internet | http://www.kitexgarments.com |
Management |
|
Name | Designation |
Sabu M Jacob | Chairman & Managing Director |
Benni Joseph | Independent Director |
K L V Narayanan | Non Executive Director |
Sindhu Chandrasekhar | Whole-time Director |
C P Philipose | Independent Director |
Sumi Francis | Independent Director |
Dayana Joseph | Company Sec. & Compli. Officer |
AMPRAYIL KURIEN MATHEW | Independent Director |