Kitex Garments Ltd

NSE :KITEX   BSE :521248  Sector : Readymade Garments/ Apparells
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10 May
199.25
(-0.28%)
09 May
199.80
(-3.13%)
08 May
206.25
(2.56%)
07 May
201.10
(-0.40%)
06 May
201.90
(-1.73%)
03 May
205.45
(-1.34%)
02 May
208.25
(2.33%)
30 Apr
203.50
(-0.42%)
29 Apr
204.35
(-0.17%)
26 Apr
204.70
(0.99%)
25 Apr
202.70
(-1.15%)
24 Apr
205.05
(2.89%)
23 Apr
199.30
(1.37%)
22 Apr
196.60
(1.55%)
19 Apr
193.60
(-0.74%)
18 Apr
195.05
(-0.20%)
16 Apr
195.45
(0.31%)
15 Apr
194.85
(-3.68%)
12 Apr
202.30
(-0.61%)
10 Apr
203.55
(0.05%)
09 Apr
203.45
(-1.45%)

Price Chart Historical Data Technical Chart

Technical Analysis

Short Term Investors

Neutral
Medium Term Investors

Very Bearish
Long Term Investors

Very Bearish

Moving Averages

5 DMA
Bearish

201.19

10 DMA
Bearish

203.36

20 DMA
Bearish

201.04

50 DMA
Bearish

206.8

100 DMA
Bearish

223.52

200 DMA
Bearish

212.08


Intraday Support and Resistance
(Based on Pivot Points) |

Updated On May 10, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 208.66 205.68 200.96 - -
R2 205.68 203.31 200.39 205.63 -
R1 202.46 201.85 199.82 202.36 204.08
P 199.48 199.48 199.48 199.43 200.29
S1 196.26 197.11 198.68 196.16 197.88
S2 193.28 195.65 198.11 193.23 -
S3 190.06 193.28 197.55 - -

Key Metrics

EPS

6.98

P/E

28.45

P/B

1.44

Dividend Yield

0.76%

Market Cap

1,325 Cr.

Face Value

1

Book Value

137.76

ROE

6.81%

EBITDA Growth

34.08 Cr.

Debt/Equity

0.06

Shareholding Pattern

  56.66% Total Promoter Holding
0% Mutual Fund Holdings
0.96% FIIs
42.38% Non Institution
0% Insurance Companies
0% Custodians
0% Other Parties

Shareholding History

Quarterly Result (Figures in Rs. Crores)


Kitex Garments Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 71.65 114.84 148.17 140.08 166.63
PROFIT -4.08 3.36 7.86 13.27 15.07
EPS -0.64 0.45 1.18 2 2.25

Kitex Garments Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 71.66 113.8 147.84 139.48 172.17
PROFIT -6.65 4.22 7.99 13.21 21
EPS -1 0.63 1.2 1.99 3.16

Profit & Loss (Figures in Rs. Crores)


Kitex Garments Ltd Profit & Loss


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

Kitex Garments Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 454.37 524.74 568.39 565.12 597.28 665.71 779.18 465.87 825.18 575.81
PROFIT 57.37 98.93 112.18 92.44 70.17 81.51 108.72 59.9 128.11 59.42
EPS 8.51 14.63 16.64 13.86 10.53 12.25 16.34 9.01 19.29 8.94

Balance Sheet (Figures in Rs. Crores)

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
SOURCES OF FUNDS :
Share Capital 6.656.656.656.656.656.654.754.754.75
Reserves Total 851.68805.5689.12634.73556.84492.05439.84360.24259.13
Total Shareholders Funds858.33812.15695.77641.38563.49498.7444.59364.99263.88
Minority Interest118.4200000000
Secured Loans 2573.07096.1390.018.028.29110.09161.23
Total Debt2573.07096.1390.018.028.29110.09161.23
Other Liabilities61.8613.3815.3915.8714.4815.0117.214.573.28
Total Liabilities1,063.61898.6711.16753.38667.98521.73470.09479.65428.39
APPLICATION OF FUNDS :
Gross Block 424.87382.99346.48329.54284.1214.66194.62268.3262.52
Less: Accumulated Depreciation161.12139.91119.0495.9369.7143.0121.7895.3174.3
Net Block263.75243.08227.44233.61214.39171.65172.84172.99188.22
Capital Work in Progress292.2111.6220.0920.6339.8734.0215.651.240.29
Investments 0.030.020.030.020.079.020.652.210
Inventories 116.93154.53134.29130.33128.8887.8240.513.0211.2
Sundry Debtors 203.46314.15177.65251.57165.32123.01131.1596.0162.66
Cash and Bank Balance100.81133.86151.4107.2998.9596.87134.53249.91203.26
Loans and Advances 40.2676.5860.5466.3298.0369.1148.7732.4864.07
Total Current Assets461.47679.13523.87555.51491.17376.81354.95391.42341.19
Current Liabilities 51.0869.4449.3357.5150.2751.225150.4934.35
Provisions 15.3520.1221.2717.3826.0411.2716.0125.6649.96
Total Current Liabilities & Provisions66.4289.5670.674.8976.3162.4967.0176.1684.31
Net Current Assets395.05589.57453.27480.62414.86314.32287.94315.26256.88
Deferred Tax Assets3.432.783.663.913.644.263.631.691.2
Deferred Tax Liability7.398.259.3310.7517.0319.9921.2722.323.79
Net Deferred Tax-3.96-5.47-5.67-6.84-13.39-15.73-17.64-20.61-22.59
Other Assets116.5159.7616.0125.3212.188.4610.668.555.57
Total Assets1,063.6898.58711.18753.36667.98521.73470.1479.64428.38
Contingent Liabilities39.2257.43049.243.0440.8134.8933.6530.51
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 6.656.656.656.656.656.654.754.754.754.75
Reserves Total 898.24848.08728.54668.51584.79509.56451362.64259.13169.42
Total Shareholders Funds904.89854.73735.19675.16591.44516.21455.75367.39263.88174.17
Secured Loans 2573.07096.1390.018.028.29110.09161.23134.15
Total Debt2573.07096.1390.018.028.29110.09161.23134.15
Other Liabilities10.3713.3815.3915.8714.4815.0117.214.573.282.33
Total Liabilities940.26941.18750.58787.16695.93539.24481.25482.05428.39310.65
APPLICATION OF FUNDS :
Gross Block 295.01291.77270.56265.38234.08214.66194.62268.3262.52237.4
Less : Accumulated Depreciation 161.12139.91119.0495.9369.7143.0121.7895.3174.356.19
Net Block 133.89151.86151.52169.45164.37171.65172.84172.99188.22181.21
Capital Work in Progress20.4311.6220.0920.6339.8734.0215.651.240.290.67
Investments 297.9532.9935.3735.3629.2326.5311.814.6200
Inventories 116.93154.53134.29130.33128.8887.8240.513.0211.210.8
Sundry Debtors 203.46314.15177.65251.57165.32123.01131.1596.0162.6653.06
Cash and Bank Balance83.08132.99150.57106.5598.6496.87134.53249.91203.26103.61
Loans and Advances 50.1289.5160.5466.3297.9369.1148.7732.4864.0749.87
Total Current Assets453.59691.18523.05554.77490.76376.81354.95391.42341.19217.34
Current Liabilities 49.9669.1648.935750.2751.225150.4934.3540.15
Provisions 15.3520.1221.2717.3826.0411.2716.0125.6649.9631.34
Total Current Liabilities & Provisions65.389.2870.274.3776.3162.4967.0176.1684.3171.49
Net Current Assets388.29601.91452.84480.39414.44314.32287.94315.26256.88145.85
Deferred Tax Assets3.433.363.663.913.644.263.631.691.20.86
Deferred Tax Liability7.399.159.6310.7517.0319.9921.2722.323.7922.47
Net Deferred Tax-3.96-5.79-5.97-6.84-13.39-15.73-17.64-20.61-22.59-21.61
Other Assets103.67148.5896.7288.1661.398.4610.668.555.574.53
Total Assets940.27941.17750.58787.15695.91539.24481.26482.05428.38310.64
Contingent Liabilities32.3557.43049.243.0440.8134.8933.6529.9126.95

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...79.26
Depreciation21.21
Interest (Net)0.99
Prov. and W/O (Net)-0.7
P/L in Forex3.18
Others109.95
Total Adjustments (PBT and Ext...23.13
Operating Profit before Workin...102.39
Trade and 0ther Receivables138.98
Inventories37.6
Trade Payables45.2
Total Adjustments (OP before W...221.79
Cash Generated from/(used in) ...324.18
Direct Taxes Paid-28.85
Total Adjustments(Cash Generat...-28.85
Cash Flow before Extraordinary...295.33
Net Cash from Operating Activi...295.33
Purchased of Fixed Assets-416.02
Interest Received3.39
Net Cash used in Investing Act...-414.68
Of the Long Tem Borrowings-48.01
Interest Paid-4.91
Net Cash used in Financing Act...57.02
Net Profit before Tax and Extr...81.42
Depreciation21.21
Interest (Net)0.99
Prov. and W/O (Net)-0.7
P/L in Forex3.18
Others-10.05
Total Adjustments (PBT and Ext...23.13
Operating Profit before Workin...104.56
Trade and 0ther Receivables148.57
Inventories37.6
Trade Payables-20.05
Total Adjustments (OP before W...166.13
Cash Generated from/(used in) ...270.69
Direct Taxes Paid-28.85
Total Adjustments(Cash Generat...-28.85
Cash Flow before Extraordinary...241.84
Net Cash from Operating Activi...241.84
Purchased of Fixed Assets-7.26
Interest Received3.39
Invest.In Subsidiaires-223.87
Loans to Subsidiaires-0.26
Net Cash used in Investing Act...-244.05
Of the Long Tem Borrowings-48.01
Interest Paid-4.91
Net Cash used in Financing Act...-62.98

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
Erumala Mathew PauloseIndependent Director
K L V NarayananDirector
Sindhu ChandrasekharWhole-time Director
C P PhiliposeIndependent Director
Sumi FrancisIndependent Director
Dayana JosephCompany Sec. & Compli. Officer