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Kitex Garments

Part of MojoOne Strategy
  • Market Cap: Small Cap
  • Industry: Textile
  • ISIN: INE602G01020
  • NSEID: KITEX
  • BSEID: 521248
INR
218.30
10.35 (4.98%)
BSENSE

Apr 11, 12:50 PM

BSE+NSE Vol: 7.29 lacs

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

214.45218.30

52 Week

58.34297.00
Valuation
Technical
Day's Volume

CASH

7.29 lacs (-40.71%) Volume

Shareholding (Jan 2025)

FII

0.97%

Held by 30 FIIs

DII

0.60%

Held by 0 DIIs

Promoter

56.66%

iScoreScore
Part of MojoOne Strategy
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 25.49

 
2

With a growth in Net Profit of 170.67%, the company declared Very Positive results in Dec 24

3

Stock is technically in a Bullish range

4

Market Beating Performance

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Textile

stock-summary
Market cap

INR 4,355 Cr (Small Cap)

stock-summary
P/E

33.00

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.24%

stock-summary
Debt Equity

0.84

stock-summary
Return on Equity

10.41%

stock-summary
Price to Book

4.32

Revenue and Profits (1 Year):
Net Sales:
276 Cr
(Quarterly Results - Dec 2024)
Net Profit:
41 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.24%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
26.68%
0%
26.68%
1 Year
225.07%
2.18%
227.25%
2 Years
349.09%
5.60%
354.69%
3 Years
143.29%
6.22%
149.51%
4 Years
552.06%
17.86%
569.92%
5 Years
554.97%
18.70%
573.67%

Latest dividend: 1.5 per share ex-dividend date: Sep-20-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
2.06%
EBIT Growth (5y)
3.75%
EBIT to Interest (avg)
25.49
Debt to EBITDA (avg)
3.44
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.69
Tax Ratio
27.97%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
1.57%
ROCE (avg)
11.75%
ROE (avg)
10.03%
Valuation key factors
Factor
Value
P/E Ratio
33
Industry P/E
18
Price to Book Value
4.32
EV to EBIT
29.74
EV to EBITDA
26.89
EV to Capital Employed
2.81
EV to Sales
5.79
PEG Ratio
0.15
Dividend Yield
0.24%
ROCE (Latest)
8.12%
ROE (Latest)
10.41%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Bullish
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Jan 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 30 FIIs (0.97%)

Promoter with highest holding

Sabu M Jacob (34.18%)

Highest Public shareholder

C K G Super Market Limited (4.64%)

Individual Investors Holdings

30.54%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 68.35% vs 140.59% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 172.26% vs 469.36% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "276.32",
          "val2": "164.13",
          "chgp": "68.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "54.40",
          "val2": "32.58",
          "chgp": "66.97%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.53",
          "val2": "1.89",
          "chgp": "86.77%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "41.03",
          "val2": "15.07",
          "chgp": "172.26%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "19.69%",
          "val2": "19.85%",
          "chgp": "-0.16%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 45.25% vs -28.47% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 205.96% vs -63.74% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "406.32",
          "val2": "279.74",
          "chgp": "45.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "95.23",
          "val2": "33.41",
          "chgp": "185.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "5.50",
          "val2": "2.60",
          "chgp": "111.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "64.65",
          "val2": "21.13",
          "chgp": "205.96%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "23.44%",
          "val2": "11.94%",
          "chgp": "11.50%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 53.79% vs -3.36% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 191.93% vs -33.20% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "682.64",
          "val2": "443.87",
          "chgp": "53.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "149.63",
          "val2": "65.99",
          "chgp": "126.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "9.03",
          "val2": "4.49",
          "chgp": "101.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "105.68",
          "val2": "36.20",
          "chgp": "191.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "21.92%",
          "val2": "14.87%",
          "chgp": "7.05%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 10.76% vs -29.34% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -2.12% vs -54.00% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "616.92",
          "val2": "557.00",
          "chgp": "10.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "100.51",
          "val2": "60.88",
          "chgp": "65.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "7.33",
          "val2": "4.47",
          "chgp": "63.98%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "56.33",
          "val2": "57.55",
          "chgp": "-2.12%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.29%",
          "val2": "10.93%",
          "chgp": "5.36%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
276.32
164.13
68.35%
Operating Profit (PBDIT) excl Other Income
54.40
32.58
66.97%
Interest
3.53
1.89
86.77%
Exceptional Items
0.00
0.00
Consolidate Net Profit
41.03
15.07
172.26%
Operating Profit Margin (Excl OI)
19.69%
19.85%
-0.16%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 68.35% vs 140.59% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is 172.26% vs 469.36% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
406.32
279.74
45.25%
Operating Profit (PBDIT) excl Other Income
95.23
33.41
185.03%
Interest
5.50
2.60
111.54%
Exceptional Items
0.00
0.00
Consolidate Net Profit
64.65
21.13
205.96%
Operating Profit Margin (Excl OI)
23.44%
11.94%
11.50%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 45.25% vs -28.47% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 205.96% vs -63.74% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
682.64
443.87
53.79%
Operating Profit (PBDIT) excl Other Income
149.63
65.99
126.75%
Interest
9.03
4.49
101.11%
Exceptional Items
0.00
0.00
Consolidate Net Profit
105.68
36.20
191.93%
Operating Profit Margin (Excl OI)
21.92%
14.87%
7.05%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 53.79% vs -3.36% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 191.93% vs -33.20% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
616.92
557.00
10.76%
Operating Profit (PBDIT) excl Other Income
100.51
60.88
65.10%
Interest
7.33
4.47
63.98%
Exceptional Items
0.00
0.00
Consolidate Net Profit
56.33
57.55
-2.12%
Operating Profit Margin (Excl OI)
16.29%
10.93%
5.36%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 10.76% vs -29.34% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -2.12% vs -54.00% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Kitex Garments Ltd stock-summary
stock-summary
Kitex Garments Ltd
Small Cap
Textile
Kitex Garments Limited (KGL) is leading Indian apparel manufacturer and exporter of knitted garments for infants and kids. Its manufacturing locations are at Kizhakkambalam. The Company was established in May, 1992. KGL is a 100% export-oriented unit, which caters to prominent and renowned conglomerates in USA and Europe markets like Gerber Childrenswear LLC, Carters, Carters brands, H & O Fashions, Buy-Buy Baby, Ross Stores, Amazon, Target, Sam's Club and Walmart.
Company Coordinates stock-summary
Company Details
P B No 5 ALwaye, Kizhakkambalam Kochi Kerala : 683562
stock-summary
Tel: 91-484-2682200(23 lines)
stock-summary
http://www.kitexgarments.com
stock-summary
sect@kitexgarments.com
Registrar Details
Cameo Corporate Services Ltd , Subramanian Buildings No 1 , Club House Road, Chennai
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