Kitex Garments Ltd

NSE :KITEX   BSE :521248  Sector : Readymade Garments/ Apparells
Buy, 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 Pattern

  56.66% Total Promoter Holding
0% Mutual Fund Holdings
0.97% FIIs
41.77% Non Institution
0% Insurance Companies
0% Custodians
0.6% Other Parties

Shareholding History


Quarterly Result (Figures in Rs. Crores)


Kitex Garments Ltd Quaterly Results


Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
INCOME166.63 176.29 193.15 218.98 284.36
PROFIT15.07 20.13 27.32 37.34 41.03
EPS2.25 3.03 4.11 5.61 6.17

Kitex Garments Ltd Quaterly Results


Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
INCOME172.17 182.11 195.02 220.91 287.88
PROFIT21 25.99 29.95 39.94 43.45
EPS3.16 3.91 4.5 6.01 6.53

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 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 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 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 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