View ValuationKitex Garments 将来の成長Future 基準チェック /06現在、 Kitex Garmentsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Luxury 収益成長18.0%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • 2hFirst quarter 2027 earnings released: ₹0.45 loss per share (vs ₹1.04 profit in 1Q 2026)First quarter 2027 results: ₹0.45 loss per share (down from ₹1.04 profit in 1Q 2026). Revenue: ₹1.66b (down 16% from 1Q 2026). Net loss: ₹90.0m (down 143% from profit in 1Q 2026). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.お知らせ • Aug 11Kitex Garments Limited, Annual General Meeting, Sep 17, 2026Kitex Garments Limited, Annual General Meeting, Sep 17, 2026.お知らせ • Aug 10Kitex Garments Limited to Report Q1, 2027 Results on Aug 14, 2026Kitex Garments Limited announced that they will report Q1, 2027 results on Aug 14, 2026Board Change • Jun 10Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Amparyil Mathew was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jun 09Kitex Garments Limited Announces Resignation of Chenakkott Philipose Philipose from Independent Director Role, Effective June 06, 2026Kitex Garments Limited had announced that Mr. Chenakkott Philipose Philipose, Independent Director of the Company, vide his letter dated June 06, 2026, had tendered his resignation as the Independent Director of the Company, with effect from close of business hours on June 06, 2026, due to personal reasons. Consequently, he also ceased to be member(s) /chairperson(s), as the case may be, of Committee(s) of the Board. Mr. Chenakkott Philipose Philipose confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter.New Risk • Jun 01New major risk - Revenue and earnings growthEarnings have declined by 2.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings have declined by 2.4% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin).Reported Earnings • Jun 01Full year 2026 earnings released: EPS: ₹0.30 (vs ₹6.95 in FY 2025)Full year 2026 results: EPS: ₹0.30 (down from ₹6.95 in FY 2025). Revenue: ₹7.19b (down 27% from FY 2025). Net income: ₹59.1m (down 96% from FY 2025). Profit margin: 0.8% (down from 14% in FY 2025). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 30Kitex Garments Limited Recommends Final Dividend for the Financial Year Ended March 31, 2026Kitex Garments Limited at its board of directors meeting held on May 30, 2026, recommended a final dividend of INR 0.50 per equity share of the face value of INR 1.00 each (at the rate of 50%) for the financial year ended March 31, 2026, subject to approval of the Members of the Company at the upcoming Annual General Meeting.お知らせ • May 25Kitex Garments Limited to Report Q4, 2026 Results on May 29, 2026Kitex Garments Limited announced that they will report Q4, 2026 results on May 29, 2026New Risk • Feb 16New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin).Reported Earnings • Feb 16Third quarter 2026 earnings released: ₹0.47 loss per share (vs ₹1.86 profit in 3Q 2025)Third quarter 2026 results: ₹0.47 loss per share (down from ₹1.86 profit in 3Q 2025). Revenue: ₹1.87b (down 35% from 3Q 2025). Net loss: ₹93.9m (down 125% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 06Kitex Garments Limited to Report Q3, 2026 Results on Feb 13, 2026Kitex Garments Limited announced that they will report Q3, 2026 results on Feb 13, 2026Valuation Update With 7 Day Price Move • Jan 27Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹178, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 202% over the past three years.Valuation Update With 7 Day Price Move • Jan 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₹155, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 152% over the past three years.Reported Earnings • Nov 13Second quarter 2026 earnings released: ₹0.08 loss per share (vs ₹1.87 profit in 2Q 2025)Second quarter 2026 results: ₹0.08 loss per share (down from ₹1.87 profit in 2Q 2025). Revenue: ₹1.34b (down 38% from 2Q 2025). Net loss: ₹15.5m (down 104% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 07Kitex Garments Limited to Report Q2, 2026 Results on Nov 12, 2025Kitex Garments Limited announced that they will report Q2, 2026 results on Nov 12, 2025Declared Dividend • Aug 23Dividend of ₹0.50 announcedShareholders will receive a dividend of ₹0.50. Ex-date: 10th September 2025 Payment date: 17th October 2025 Dividend yield will be 0.3%, which is lower than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (7% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Aug 22Kitex Garments Limited, Annual General Meeting, Sep 17, 2025Kitex Garments Limited, Annual General Meeting, Sep 17, 2025, at 11:00 Indian Standard Time.Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹209, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 25x in the Luxury industry in India. Total returns to shareholders of 173% over the past three years.New Risk • Aug 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (5.0% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Aug 05First quarter 2026 earnings released: EPS: ₹1.04 (vs ₹1.37 in 1Q 2025)First quarter 2026 results: EPS: ₹1.04 (down from ₹1.37 in 1Q 2025). Revenue: ₹1.97b (up 3.3% from 1Q 2025). Net income: ₹207.6m (down 24% from 1Q 2025). Profit margin: 11% (down from 14% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹216, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 25x in the Luxury industry in India. Total returns to shareholders of 171% over the past three years.お知らせ • Jul 30Kitex Garments Limited to Report Q1, 2026 Results on Aug 04, 2025Kitex Garments Limited announced that they will report Q1, 2026 results on Aug 04, 2025Reported Earnings • May 31Full year 2025 earnings released: EPS: ₹6.95 (vs ₹2.82 in FY 2024)Full year 2025 results: EPS: ₹6.95 (up from ₹2.82 in FY 2024). Revenue: ₹10.0b (up 62% from FY 2024). Net income: ₹1.39b (up 146% from FY 2024). Profit margin: 14% (up from 9.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings.お知らせ • May 20Kitex Garments Limited to Report Q4, 2025 Results on May 29, 2025Kitex Garments Limited announced that they will report Q4, 2025 results on May 29, 2025Valuation Update With 7 Day Price Move • May 20Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹297, the stock trades at a trailing P/E ratio of 59.4x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 260% over the past three years.New Risk • May 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 6.8% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (8.6% average weekly change).Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹208, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 114% over the past three years.Valuation Update With 7 Day Price Move • Feb 27Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹170, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 125% over the past three years.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹215, the stock trades at a trailing P/E ratio of 42.9x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 184% over the past three years.お知らせ • Feb 07Kitex Garments Limited to Report Q3, 2025 Results on Feb 14, 2025Kitex Garments Limited announced that they will report Q3, 2025 results on Feb 14, 2025お知らせ • Jan 13Kitex Garments Limited Announces Cessation of Benni Joseph as Independent DirectorKitex Garments Limited announced that Mr. Benni Joseph will cease to be the Independent Director of the Company upon completion of his second term of 5 (five) consecutive years with effect from the closure of business hours on January 11, 2025 and consequently will also cease to be member(s) /chairperson(s), as the case may be, of Committee(s) of the Board.Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹879, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 381% over the past three years.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹742, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 341% over the past three years.Reported Earnings • Oct 31Second quarter 2025 earnings released: EPS: ₹5.61 (vs ₹1.28 in 2Q 2024)Second quarter 2025 results: EPS: ₹5.61 (up from ₹1.28 in 2Q 2024). Revenue: ₹2.19b (up 48% from 2Q 2024). Net income: ₹373.4m (up 375% from 2Q 2024). Profit margin: 17% (up from 5.3% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹538, the stock trades at a trailing P/E ratio of 47.2x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 243% over the past three years.お知らせ • Oct 25Kitex Garments Limited to Report Q2, 2025 Results on Oct 30, 2024Kitex Garments Limited announced that they will report Q2, 2025 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹541, the stock trades at a trailing P/E ratio of 47.5x. Average trailing P/E is 31x in the Luxury industry in India. Total returns to shareholders of 218% over the past three years.お知らせ • Sep 28Kitex Garments BoD Approves Acquisition of Kitex ChildrenswearKitex Garments Limited (BSE:521248)’s Board of Directors has approved the acquisition of Kitex Childrenswear Ltd., pending regulatory approvals. This decision was made in a recent board meeting, reflecting the company’s strategy to expand its business operations. As per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has stated that it will take immediate steps to complete the acquisition while ensuring compliance with all applicable regulations. Following this announcement, shares of Kitex Garments traded 1.31% higher at INR 474.35 on the NSE, indicating a positive response from the market to the acquisition news.Upcoming Dividend • Sep 16Upcoming dividend of ₹1.50 per shareEligible shareholders must have bought the stock before 20 September 2024. Payment date: 28 October 2024. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.0%). In line with average of industry peers (0.4%).Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹424, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 152% over the past three years.お知らせ • Sep 04Kitex Garments Limited, Annual General Meeting, Sep 28, 2024Kitex Garments Limited, Annual General Meeting, Sep 28, 2024, at 11:00 Indian Standard Time.Declared Dividend • Sep 01Dividend of ₹1.50 announcedDividend of ₹1.50 is the same as last year. Ex-date: 20th September 2024 Payment date: 28th October 2024 Dividend yield will be 0.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 34%After last week's 34% share price gain to ₹324, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 28x in the Luxury industry in India. Total returns to shareholders of 122% over the past three years.Reported Earnings • Aug 15First quarter 2025 earnings released: EPS: ₹4.11 (vs ₹1.18 in 1Q 2024)First quarter 2025 results: EPS: ₹4.11 (up from ₹1.18 in 1Q 2024). Revenue: ₹1.93b (up 33% from 1Q 2024). Net income: ₹273.2m (up 248% from 1Q 2024). Profit margin: 14% (up from 5.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.New Risk • Aug 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 3.8% per year over the past 5 years. High level of non-cash earnings (55% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.8% average weekly change).お知らせ • Aug 05Kitex Garments Limited to Report Q1, 2025 Results on Aug 14, 2024Kitex Garments Limited announced that they will report Q1, 2025 results on Aug 14, 2024Reported Earnings • May 21Full year 2024 earnings released: EPS: ₹8.47 (vs ₹8.66 in FY 2023)Full year 2024 results: EPS: ₹8.47 (down from ₹8.66 in FY 2023). Revenue: ₹6.31b (up 13% from FY 2023). Net income: ₹563.3m (down 2.1% from FY 2023). Profit margin: 8.9% (down from 10% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.お知らせ • May 16Kitex Garments Limited to Report Q4, 2024 Results on May 20, 2024Kitex Garments Limited announced that they will report Q4, 2024 results on May 20, 2024New Risk • Apr 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (7.3% net profit margin).Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₹181, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 76% over the past three years.Reported Earnings • Feb 05Third quarter 2024 earnings released: EPS: ₹2.25 (vs ₹0.64 loss in 3Q 2023)Third quarter 2024 results: EPS: ₹2.25 (up from ₹0.64 loss in 3Q 2023). Revenue: ₹1.64b (up 141% from 3Q 2023). Net income: ₹150.7m (up ₹191.5m from 3Q 2023). Profit margin: 9.2% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₹275, the stock trades at a trailing P/E ratio of 63.5x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 161% over the past three years.お知らせ • Jan 22Kitex Garments Limited to Report Q3, 2024 Results on Jan 31, 2024Kitex Garments Limited announced that they will report Q3, 2024 results on Jan 31, 2024お知らせ • Oct 27Kitex Garments Limited to Report Q2, 2023 Results on Nov 06, 2023Kitex Garments Limited announced that they will report Q2, 2023 results on Nov 06, 2023Board Change • Sep 15Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non Executive Director Chenakkott Philipose was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Sep 15Upcoming dividend of ₹1.50 per share at 0.8% yieldEligible shareholders must have bought the stock before 22 September 2023. Payment date: 29 October 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.5%).お知らせ • Sep 07Kitex Garments Limited, Annual General Meeting, Sep 30, 2023Kitex Garments Limited, Annual General Meeting, Sep 30, 2023, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt Audited Financial Statements (including the consolidated Financial Statements) of the Company for the year ended March 31, 2023 together with the Report of the Board of Directors and Independent Auditors report thereon; to declare a final Dividend of `1.50 per fully paid-up Ordinary (equity) Share of face value INR 1/- each for the Financial Year 2022-23; to appoint a director in place of Mr. KLV Narayanan (DIN: 01273573), who retires by rotation as director; to re-appoint the Independent Auditors and to fix their remuneration; to consider approval for material related party transactions with Kitex Apparel Parks Limited; and to consider other matters.お知らせ • Sep 05Kitex Garments Limited Announces Appointment of Ms. Dayana Joseph as Company Secretary and Compliance OfficerKitex Garments Limited Appointed Ms. Dayana Joseph as the Company Secretary of the Company (Mem No: A61808) designated as the Key Managerial Personnel pursuant to the provisions of Section 203 of the Companies Act, 2013 and Compliance Officer under Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: ₹1.18 (vs ₹5.50 in 1Q 2023)First quarter 2024 results: EPS: ₹1.18 (down from ₹5.50 in 1Q 2023). Revenue: ₹1.48b (down 41% from 1Q 2023). Net income: ₹78.6m (down 79% from 1Q 2023). Profit margin: 5.3% (down from 15% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 04Kitex Garments Limited to Report Q1, 2024 Results on Aug 11, 2023Kitex Garments Limited announced that they will report Q1, 2024 results on Aug 11, 2023Reported Earnings • Jun 03Full year 2023 earnings released: EPS: ₹8.56 (vs ₹18.82 in FY 2022)Full year 2023 results: EPS: ₹8.56 (down from ₹18.82 in FY 2022). Revenue: ₹6.01b (down 24% from FY 2022). Net income: ₹575.5m (down 54% from FY 2022). Profit margin: 9.6% (down from 16% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.お知らせ • May 31+ 1 more updateKitex Garments Limited Recommends a Final DividendKitex Garments Limited announced that at the board meeting held on May 30, 2023 the board has recommended a final dividend of INR 1.50 per equity share of INR 1 each (150%) of the Company subject to the shareholders approval at its ensuing Annual General Meeting.Buying Opportunity • Feb 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be ₹195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 9.0%.Reported Earnings • Feb 16Third quarter 2023 earnings released: ₹0.64 loss per share (vs ₹5.22 profit in 3Q 2022)Third quarter 2023 results: ₹0.64 loss per share (down from ₹5.22 profit in 3Q 2022). Revenue: ₹716.5m (down 65% from 3Q 2022). Net loss: ₹40.8m (down 112% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹3.25 (vs ₹3.87 in 2Q 2022)Second quarter 2023 results: EPS: ₹3.25 (down from ₹3.87 in 2Q 2022). Revenue: ₹1.51b (down 16% from 2Q 2022). Net income: ₹216.4m (down 16% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 05Kitex Garments Limited to Report Q2, 2023 Results on Nov 12, 2022Kitex Garments Limited announced that they will report Q2, 2023 results at 12:15 PM, Indian Standard Time on Nov 12, 2022Upcoming Dividend • Aug 12Upcoming dividend of ₹1.50 per shareEligible shareholders must have bought the stock before 19 August 2022. Payment date: 28 September 2022. Payout ratio is a comfortable 8.0% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.7%). In line with average of industry peers (0.6%).Reported Earnings • Aug 07Full year 2022 earnings released: EPS: ₹18.82 (vs ₹8.16 in FY 2021)Full year 2022 results: EPS: ₹18.82 (up from ₹8.16 in FY 2021). Revenue: ₹8.15b (up 79% from FY 2021). Net income: ₹1.25b (up 131% from FY 2021). Profit margin: 15% (up from 12% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 43% per year, which means it is well ahead of earnings.お知らせ • Jul 12Kitex Garments Limited, Annual General Meeting, Aug 29, 2022Kitex Garments Limited, Annual General Meeting, Aug 29, 2022, at 11:00 Indian Standard Time. Agenda: To consider and approved and recommended payment of final dividend for the financial year ended March 31, 2022.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹218, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 124% over the past three years.お知らせ • May 31Kitex Garments Limited Announces Demise of E M. Paulose as Non Executive Independent DirectorKitex Garments Limited announced the sad demise of Prof. E M. Paulose, Non Executive Independent Director of the Company this morning. The Company had immensely benefitted from his advice and services to the Board and the Committees he served for more than a decade of his association.お知らせ • May 20Kitex Garments Limited Recommends Final DividendKitex Garments Limited has recommended a final dividend of INR 1.50 per equity share of INR 1 each (150%) of the Company subject to the shareholders approval at its ensuing AnnualGeneral Meeting.Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹259, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 146% over the past three years.お知らせ • May 14Kitex Garments Limited to Report Fiscal Year 2022 Results on May 19, 2022Kitex Garments Limited announced that they will report fiscal year 2022 results on May 19, 2022Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Additional Non Executive & Independent Women Director Sumi Francis was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹293, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 193% over the past three years.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹206, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 140% over the past three years.Recent Insider Transactions • Feb 13Chairman & MD recently bought ₹551k worth of stockOn the 7th of February, Sabu Jacob bought around 2k shares on-market at roughly ₹275 per share. In the last 3 months, they made an even bigger purchase worth ₹37m. Sabu has been a buyer over the last 12 months, purchasing a net total of ₹128m worth in shares.Recent Insider Transactions • Feb 04Chairman & MD recently bought ₹14m worth of stockOn the 1st of February, Sabu Jacob bought around 54k shares on-market at roughly ₹263 per share. In the last 3 months, they made an even bigger purchase worth ₹37m. Sabu has been a buyer over the last 12 months, purchasing a net total of ₹127m worth in shares.Reported Earnings • Feb 01Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹5.22 (up from ₹2.34 in 3Q 2021). Revenue: ₹2.03b (up 68% from 3Q 2021). Net income: ₹346.9m (up 123% from 3Q 2021). Profit margin: 17% (up from 13% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.Buying Opportunity • Jan 31Now 22% undervaluedOver the last 90 days, the stock is up 62%. The fair value is estimated to be ₹331, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.9% over the last year. Earnings per share has declined by 16% over the last year.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₹233, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 117% over the past three years.Recent Insider Transactions • Jan 03Chairman & MD recently bought ₹20m worth of stockOn the 31st of December, Sabu Jacob bought around 105k shares on-market at roughly ₹192 per share. In the last 3 months, they made an even bigger purchase worth ₹37m. Sabu has been a buyer over the last 12 months, purchasing a net total of ₹113m worth in shares.Recent Insider Transactions • Dec 23Chairman & MD recently bought ₹12m worth of stockOn the 20th of December, Sabu Jacob bought around 67k shares on-market at roughly ₹174 per share. In the last 3 months, they made an even bigger purchase worth ₹37m. Sabu has been a buyer over the last 12 months, purchasing a net total of ₹93m worth in shares.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹203, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 89% over the past three years.Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Additional Non Executive & Independent Women Director Sumi Francis was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Nov 18Chairman & MD recently bought ₹37m worth of stockOn the 16th of November, Sabu Jacob bought around 228k shares on-market at roughly ₹161 per share. This was the largest purchase by an insider in the last 3 months. Sabu has been a buyer over the last 12 months, purchasing a net total of ₹43m worth in shares.Reported Earnings • Nov 13Second quarter 2022 earnings released: EPS ₹3.87 (vs ₹2.68 in 2Q 2021)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: ₹1.81b (up 36% from 2Q 2021). Net income: ₹257.2m (up 44% from 2Q 2021). Profit margin: 14% (in line with 2Q 2021).Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹171, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 38% over the past three years.Upcoming Dividend • Aug 23Upcoming dividend of ₹1.50 per shareEligible shareholders must have bought the stock before 30 August 2021. Payment date: 30 September 2021. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.4%).Reported Earnings • Aug 15First quarter 2022 earnings released: EPS ₹3.08 (vs ₹1.90 in 1Q 2021)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: ₹1.59b (up 78% from 1Q 2021). Net income: ₹205.1m (up 62% from 1Q 2021). Profit margin: 13% (down from 14% in 1Q 2021). The decrease in margin was driven by higher expenses.Upcoming Dividend • Jul 28Upcoming dividend of ₹1.50 per shareEligible shareholders must have bought the stock before 04 August 2021. Payment date: 07 October 2021. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.5%).Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improved over the past weekAfter last week's 25% share price gain to ₹141, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 30% over the past three years.Reported Earnings • Jul 03Full year 2021 earnings released: EPS ₹8.16 (vs ₹15.54 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹4.60b (down 38% from FY 2020). Net income: ₹542.7m (down 48% from FY 2020). Profit margin: 12% (down from 14% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat.Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹127, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 19x in the Luxury industry in India. Total loss to shareholders of 22% over the past three years.Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS ₹2.34 (vs ₹5.26 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹1.22b (down 52% from 3Q 2020). Net income: ₹155.4m (down 56% from 3Q 2020). Profit margin: 13% (down from 14% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.お知らせ • Jan 27Kitex Garments Limited to Report Q3, 2021 Results on Feb 10, 2021Kitex Garments Limited announced that they will report Q3, 2021 results on Feb 10, 2021 このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Kitex Garments は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測BSE:521248 - アナリストの将来予測と過去の財務データ ( )INR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数6/30/20266,356-238N/AN/AN/A3/31/20266,669591793,458N/A12/31/20258,010429N/AN/AN/A9/30/20258,953933-2,3732,925N/A6/30/20259,8911,322N/AN/AN/A3/31/20259,8281,387-4,509543N/A12/31/20248,5571,258N/AN/AN/A9/30/20247,435999N/AN/AN/A6/30/20246,616758N/AN/AN/A3/31/20246,169563-6,553-383N/A12/31/20235,416396N/AN/AN/A9/30/20234,457204N/AN/AN/A6/30/20234,534288N/AN/AN/A3/31/20235,570576-1,2072,953N/A12/31/20227,128984N/AN/AN/A9/30/20228,4751,3724352,201N/A6/30/20228,8391,412N/AN/AN/A3/31/20227,8831,251-370-99N/A12/31/20216,465892N/AN/AN/A9/30/20215,645700543868N/A6/30/20215,196621N/AN/AN/A3/31/20214,5545431,0661,161N/A12/31/20204,900636N/AN/AN/A9/30/20206,200831397662N/A6/30/20206,8321,021N/AN/AN/A3/31/20207,3921,034N/A512N/A12/31/20197,7291,001N/AN/AN/A9/30/20196,581775N/A299N/A6/30/20196,295668N/AN/AN/A3/31/20196,068714N/A86N/A3/31/20185,573635N/A286N/A3/31/20175,459835N/A447N/A3/31/20165,4581,097N/A1,351N/A12/31/20155,1951,088N/AN/AN/A9/30/20155,2351,079N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 521248の予測収益成長が 貯蓄率 ( 6.9% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 521248の収益がIndian市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 521248の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 521248の収益がIndian市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 521248の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 521248の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YConsumer-durables 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/16 07:39終値2026/08/14 00:00収益2026/06/30年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Kitex Garments Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Kameswari V. S. ChavaliFirstCall ResearchGautam DuggadMotilal Oswal Securities Ltd.
Reported Earnings • 2hFirst quarter 2027 earnings released: ₹0.45 loss per share (vs ₹1.04 profit in 1Q 2026)First quarter 2027 results: ₹0.45 loss per share (down from ₹1.04 profit in 1Q 2026). Revenue: ₹1.66b (down 16% from 1Q 2026). Net loss: ₹90.0m (down 143% from profit in 1Q 2026). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
お知らせ • Aug 11Kitex Garments Limited, Annual General Meeting, Sep 17, 2026Kitex Garments Limited, Annual General Meeting, Sep 17, 2026.
お知らせ • Aug 10Kitex Garments Limited to Report Q1, 2027 Results on Aug 14, 2026Kitex Garments Limited announced that they will report Q1, 2027 results on Aug 14, 2026
Board Change • Jun 10Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Amparyil Mathew was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 09Kitex Garments Limited Announces Resignation of Chenakkott Philipose Philipose from Independent Director Role, Effective June 06, 2026Kitex Garments Limited had announced that Mr. Chenakkott Philipose Philipose, Independent Director of the Company, vide his letter dated June 06, 2026, had tendered his resignation as the Independent Director of the Company, with effect from close of business hours on June 06, 2026, due to personal reasons. Consequently, he also ceased to be member(s) /chairperson(s), as the case may be, of Committee(s) of the Board. Mr. Chenakkott Philipose Philipose confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter.
New Risk • Jun 01New major risk - Revenue and earnings growthEarnings have declined by 2.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings have declined by 2.4% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin).
Reported Earnings • Jun 01Full year 2026 earnings released: EPS: ₹0.30 (vs ₹6.95 in FY 2025)Full year 2026 results: EPS: ₹0.30 (down from ₹6.95 in FY 2025). Revenue: ₹7.19b (down 27% from FY 2025). Net income: ₹59.1m (down 96% from FY 2025). Profit margin: 0.8% (down from 14% in FY 2025). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 30Kitex Garments Limited Recommends Final Dividend for the Financial Year Ended March 31, 2026Kitex Garments Limited at its board of directors meeting held on May 30, 2026, recommended a final dividend of INR 0.50 per equity share of the face value of INR 1.00 each (at the rate of 50%) for the financial year ended March 31, 2026, subject to approval of the Members of the Company at the upcoming Annual General Meeting.
お知らせ • May 25Kitex Garments Limited to Report Q4, 2026 Results on May 29, 2026Kitex Garments Limited announced that they will report Q4, 2026 results on May 29, 2026
New Risk • Feb 16New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin).
Reported Earnings • Feb 16Third quarter 2026 earnings released: ₹0.47 loss per share (vs ₹1.86 profit in 3Q 2025)Third quarter 2026 results: ₹0.47 loss per share (down from ₹1.86 profit in 3Q 2025). Revenue: ₹1.87b (down 35% from 3Q 2025). Net loss: ₹93.9m (down 125% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 06Kitex Garments Limited to Report Q3, 2026 Results on Feb 13, 2026Kitex Garments Limited announced that they will report Q3, 2026 results on Feb 13, 2026
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹178, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 202% over the past three years.
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₹155, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 152% over the past three years.
Reported Earnings • Nov 13Second quarter 2026 earnings released: ₹0.08 loss per share (vs ₹1.87 profit in 2Q 2025)Second quarter 2026 results: ₹0.08 loss per share (down from ₹1.87 profit in 2Q 2025). Revenue: ₹1.34b (down 38% from 2Q 2025). Net loss: ₹15.5m (down 104% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 07Kitex Garments Limited to Report Q2, 2026 Results on Nov 12, 2025Kitex Garments Limited announced that they will report Q2, 2026 results on Nov 12, 2025
Declared Dividend • Aug 23Dividend of ₹0.50 announcedShareholders will receive a dividend of ₹0.50. Ex-date: 10th September 2025 Payment date: 17th October 2025 Dividend yield will be 0.3%, which is lower than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (7% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 22Kitex Garments Limited, Annual General Meeting, Sep 17, 2025Kitex Garments Limited, Annual General Meeting, Sep 17, 2025, at 11:00 Indian Standard Time.
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹209, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 25x in the Luxury industry in India. Total returns to shareholders of 173% over the past three years.
New Risk • Aug 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (5.0% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 05First quarter 2026 earnings released: EPS: ₹1.04 (vs ₹1.37 in 1Q 2025)First quarter 2026 results: EPS: ₹1.04 (down from ₹1.37 in 1Q 2025). Revenue: ₹1.97b (up 3.3% from 1Q 2025). Net income: ₹207.6m (down 24% from 1Q 2025). Profit margin: 11% (down from 14% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹216, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 25x in the Luxury industry in India. Total returns to shareholders of 171% over the past three years.
お知らせ • Jul 30Kitex Garments Limited to Report Q1, 2026 Results on Aug 04, 2025Kitex Garments Limited announced that they will report Q1, 2026 results on Aug 04, 2025
Reported Earnings • May 31Full year 2025 earnings released: EPS: ₹6.95 (vs ₹2.82 in FY 2024)Full year 2025 results: EPS: ₹6.95 (up from ₹2.82 in FY 2024). Revenue: ₹10.0b (up 62% from FY 2024). Net income: ₹1.39b (up 146% from FY 2024). Profit margin: 14% (up from 9.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings.
お知らせ • May 20Kitex Garments Limited to Report Q4, 2025 Results on May 29, 2025Kitex Garments Limited announced that they will report Q4, 2025 results on May 29, 2025
Valuation Update With 7 Day Price Move • May 20Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹297, the stock trades at a trailing P/E ratio of 59.4x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 260% over the past three years.
New Risk • May 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 6.8% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (8.6% average weekly change).
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹208, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 114% over the past three years.
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹170, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 125% over the past three years.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹215, the stock trades at a trailing P/E ratio of 42.9x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 184% over the past three years.
お知らせ • Feb 07Kitex Garments Limited to Report Q3, 2025 Results on Feb 14, 2025Kitex Garments Limited announced that they will report Q3, 2025 results on Feb 14, 2025
お知らせ • Jan 13Kitex Garments Limited Announces Cessation of Benni Joseph as Independent DirectorKitex Garments Limited announced that Mr. Benni Joseph will cease to be the Independent Director of the Company upon completion of his second term of 5 (five) consecutive years with effect from the closure of business hours on January 11, 2025 and consequently will also cease to be member(s) /chairperson(s), as the case may be, of Committee(s) of the Board.
Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹879, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 381% over the past three years.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹742, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 341% over the past three years.
Reported Earnings • Oct 31Second quarter 2025 earnings released: EPS: ₹5.61 (vs ₹1.28 in 2Q 2024)Second quarter 2025 results: EPS: ₹5.61 (up from ₹1.28 in 2Q 2024). Revenue: ₹2.19b (up 48% from 2Q 2024). Net income: ₹373.4m (up 375% from 2Q 2024). Profit margin: 17% (up from 5.3% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹538, the stock trades at a trailing P/E ratio of 47.2x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 243% over the past three years.
お知らせ • Oct 25Kitex Garments Limited to Report Q2, 2025 Results on Oct 30, 2024Kitex Garments Limited announced that they will report Q2, 2025 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹541, the stock trades at a trailing P/E ratio of 47.5x. Average trailing P/E is 31x in the Luxury industry in India. Total returns to shareholders of 218% over the past three years.
お知らせ • Sep 28Kitex Garments BoD Approves Acquisition of Kitex ChildrenswearKitex Garments Limited (BSE:521248)’s Board of Directors has approved the acquisition of Kitex Childrenswear Ltd., pending regulatory approvals. This decision was made in a recent board meeting, reflecting the company’s strategy to expand its business operations. As per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has stated that it will take immediate steps to complete the acquisition while ensuring compliance with all applicable regulations. Following this announcement, shares of Kitex Garments traded 1.31% higher at INR 474.35 on the NSE, indicating a positive response from the market to the acquisition news.
Upcoming Dividend • Sep 16Upcoming dividend of ₹1.50 per shareEligible shareholders must have bought the stock before 20 September 2024. Payment date: 28 October 2024. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.0%). In line with average of industry peers (0.4%).
Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹424, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 152% over the past three years.
お知らせ • Sep 04Kitex Garments Limited, Annual General Meeting, Sep 28, 2024Kitex Garments Limited, Annual General Meeting, Sep 28, 2024, at 11:00 Indian Standard Time.
Declared Dividend • Sep 01Dividend of ₹1.50 announcedDividend of ₹1.50 is the same as last year. Ex-date: 20th September 2024 Payment date: 28th October 2024 Dividend yield will be 0.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 34%After last week's 34% share price gain to ₹324, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 28x in the Luxury industry in India. Total returns to shareholders of 122% over the past three years.
Reported Earnings • Aug 15First quarter 2025 earnings released: EPS: ₹4.11 (vs ₹1.18 in 1Q 2024)First quarter 2025 results: EPS: ₹4.11 (up from ₹1.18 in 1Q 2024). Revenue: ₹1.93b (up 33% from 1Q 2024). Net income: ₹273.2m (up 248% from 1Q 2024). Profit margin: 14% (up from 5.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
New Risk • Aug 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 3.8% per year over the past 5 years. High level of non-cash earnings (55% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.8% average weekly change).
お知らせ • Aug 05Kitex Garments Limited to Report Q1, 2025 Results on Aug 14, 2024Kitex Garments Limited announced that they will report Q1, 2025 results on Aug 14, 2024
Reported Earnings • May 21Full year 2024 earnings released: EPS: ₹8.47 (vs ₹8.66 in FY 2023)Full year 2024 results: EPS: ₹8.47 (down from ₹8.66 in FY 2023). Revenue: ₹6.31b (up 13% from FY 2023). Net income: ₹563.3m (down 2.1% from FY 2023). Profit margin: 8.9% (down from 10% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
お知らせ • May 16Kitex Garments Limited to Report Q4, 2024 Results on May 20, 2024Kitex Garments Limited announced that they will report Q4, 2024 results on May 20, 2024
New Risk • Apr 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (7.3% net profit margin).
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₹181, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 76% over the past three years.
Reported Earnings • Feb 05Third quarter 2024 earnings released: EPS: ₹2.25 (vs ₹0.64 loss in 3Q 2023)Third quarter 2024 results: EPS: ₹2.25 (up from ₹0.64 loss in 3Q 2023). Revenue: ₹1.64b (up 141% from 3Q 2023). Net income: ₹150.7m (up ₹191.5m from 3Q 2023). Profit margin: 9.2% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₹275, the stock trades at a trailing P/E ratio of 63.5x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 161% over the past three years.
お知らせ • Jan 22Kitex Garments Limited to Report Q3, 2024 Results on Jan 31, 2024Kitex Garments Limited announced that they will report Q3, 2024 results on Jan 31, 2024
お知らせ • Oct 27Kitex Garments Limited to Report Q2, 2023 Results on Nov 06, 2023Kitex Garments Limited announced that they will report Q2, 2023 results on Nov 06, 2023
Board Change • Sep 15Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non Executive Director Chenakkott Philipose was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Sep 15Upcoming dividend of ₹1.50 per share at 0.8% yieldEligible shareholders must have bought the stock before 22 September 2023. Payment date: 29 October 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.5%).
お知らせ • Sep 07Kitex Garments Limited, Annual General Meeting, Sep 30, 2023Kitex Garments Limited, Annual General Meeting, Sep 30, 2023, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt Audited Financial Statements (including the consolidated Financial Statements) of the Company for the year ended March 31, 2023 together with the Report of the Board of Directors and Independent Auditors report thereon; to declare a final Dividend of `1.50 per fully paid-up Ordinary (equity) Share of face value INR 1/- each for the Financial Year 2022-23; to appoint a director in place of Mr. KLV Narayanan (DIN: 01273573), who retires by rotation as director; to re-appoint the Independent Auditors and to fix their remuneration; to consider approval for material related party transactions with Kitex Apparel Parks Limited; and to consider other matters.
お知らせ • Sep 05Kitex Garments Limited Announces Appointment of Ms. Dayana Joseph as Company Secretary and Compliance OfficerKitex Garments Limited Appointed Ms. Dayana Joseph as the Company Secretary of the Company (Mem No: A61808) designated as the Key Managerial Personnel pursuant to the provisions of Section 203 of the Companies Act, 2013 and Compliance Officer under Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: ₹1.18 (vs ₹5.50 in 1Q 2023)First quarter 2024 results: EPS: ₹1.18 (down from ₹5.50 in 1Q 2023). Revenue: ₹1.48b (down 41% from 1Q 2023). Net income: ₹78.6m (down 79% from 1Q 2023). Profit margin: 5.3% (down from 15% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 04Kitex Garments Limited to Report Q1, 2024 Results on Aug 11, 2023Kitex Garments Limited announced that they will report Q1, 2024 results on Aug 11, 2023
Reported Earnings • Jun 03Full year 2023 earnings released: EPS: ₹8.56 (vs ₹18.82 in FY 2022)Full year 2023 results: EPS: ₹8.56 (down from ₹18.82 in FY 2022). Revenue: ₹6.01b (down 24% from FY 2022). Net income: ₹575.5m (down 54% from FY 2022). Profit margin: 9.6% (down from 16% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.
お知らせ • May 31+ 1 more updateKitex Garments Limited Recommends a Final DividendKitex Garments Limited announced that at the board meeting held on May 30, 2023 the board has recommended a final dividend of INR 1.50 per equity share of INR 1 each (150%) of the Company subject to the shareholders approval at its ensuing Annual General Meeting.
Buying Opportunity • Feb 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be ₹195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 9.0%.
Reported Earnings • Feb 16Third quarter 2023 earnings released: ₹0.64 loss per share (vs ₹5.22 profit in 3Q 2022)Third quarter 2023 results: ₹0.64 loss per share (down from ₹5.22 profit in 3Q 2022). Revenue: ₹716.5m (down 65% from 3Q 2022). Net loss: ₹40.8m (down 112% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹3.25 (vs ₹3.87 in 2Q 2022)Second quarter 2023 results: EPS: ₹3.25 (down from ₹3.87 in 2Q 2022). Revenue: ₹1.51b (down 16% from 2Q 2022). Net income: ₹216.4m (down 16% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 05Kitex Garments Limited to Report Q2, 2023 Results on Nov 12, 2022Kitex Garments Limited announced that they will report Q2, 2023 results at 12:15 PM, Indian Standard Time on Nov 12, 2022
Upcoming Dividend • Aug 12Upcoming dividend of ₹1.50 per shareEligible shareholders must have bought the stock before 19 August 2022. Payment date: 28 September 2022. Payout ratio is a comfortable 8.0% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.7%). In line with average of industry peers (0.6%).
Reported Earnings • Aug 07Full year 2022 earnings released: EPS: ₹18.82 (vs ₹8.16 in FY 2021)Full year 2022 results: EPS: ₹18.82 (up from ₹8.16 in FY 2021). Revenue: ₹8.15b (up 79% from FY 2021). Net income: ₹1.25b (up 131% from FY 2021). Profit margin: 15% (up from 12% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 43% per year, which means it is well ahead of earnings.
お知らせ • Jul 12Kitex Garments Limited, Annual General Meeting, Aug 29, 2022Kitex Garments Limited, Annual General Meeting, Aug 29, 2022, at 11:00 Indian Standard Time. Agenda: To consider and approved and recommended payment of final dividend for the financial year ended March 31, 2022.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹218, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 124% over the past three years.
お知らせ • May 31Kitex Garments Limited Announces Demise of E M. Paulose as Non Executive Independent DirectorKitex Garments Limited announced the sad demise of Prof. E M. Paulose, Non Executive Independent Director of the Company this morning. The Company had immensely benefitted from his advice and services to the Board and the Committees he served for more than a decade of his association.
お知らせ • May 20Kitex Garments Limited Recommends Final DividendKitex Garments Limited has recommended a final dividend of INR 1.50 per equity share of INR 1 each (150%) of the Company subject to the shareholders approval at its ensuing AnnualGeneral Meeting.
Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹259, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 146% over the past three years.
お知らせ • May 14Kitex Garments Limited to Report Fiscal Year 2022 Results on May 19, 2022Kitex Garments Limited announced that they will report fiscal year 2022 results on May 19, 2022
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Additional Non Executive & Independent Women Director Sumi Francis was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹293, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 193% over the past three years.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹206, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 140% over the past three years.
Recent Insider Transactions • Feb 13Chairman & MD recently bought ₹551k worth of stockOn the 7th of February, Sabu Jacob bought around 2k shares on-market at roughly ₹275 per share. In the last 3 months, they made an even bigger purchase worth ₹37m. Sabu has been a buyer over the last 12 months, purchasing a net total of ₹128m worth in shares.
Recent Insider Transactions • Feb 04Chairman & MD recently bought ₹14m worth of stockOn the 1st of February, Sabu Jacob bought around 54k shares on-market at roughly ₹263 per share. In the last 3 months, they made an even bigger purchase worth ₹37m. Sabu has been a buyer over the last 12 months, purchasing a net total of ₹127m worth in shares.
Reported Earnings • Feb 01Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹5.22 (up from ₹2.34 in 3Q 2021). Revenue: ₹2.03b (up 68% from 3Q 2021). Net income: ₹346.9m (up 123% from 3Q 2021). Profit margin: 17% (up from 13% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.
Buying Opportunity • Jan 31Now 22% undervaluedOver the last 90 days, the stock is up 62%. The fair value is estimated to be ₹331, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.9% over the last year. Earnings per share has declined by 16% over the last year.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₹233, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 117% over the past three years.
Recent Insider Transactions • Jan 03Chairman & MD recently bought ₹20m worth of stockOn the 31st of December, Sabu Jacob bought around 105k shares on-market at roughly ₹192 per share. In the last 3 months, they made an even bigger purchase worth ₹37m. Sabu has been a buyer over the last 12 months, purchasing a net total of ₹113m worth in shares.
Recent Insider Transactions • Dec 23Chairman & MD recently bought ₹12m worth of stockOn the 20th of December, Sabu Jacob bought around 67k shares on-market at roughly ₹174 per share. In the last 3 months, they made an even bigger purchase worth ₹37m. Sabu has been a buyer over the last 12 months, purchasing a net total of ₹93m worth in shares.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹203, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 89% over the past three years.
Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Additional Non Executive & Independent Women Director Sumi Francis was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Nov 18Chairman & MD recently bought ₹37m worth of stockOn the 16th of November, Sabu Jacob bought around 228k shares on-market at roughly ₹161 per share. This was the largest purchase by an insider in the last 3 months. Sabu has been a buyer over the last 12 months, purchasing a net total of ₹43m worth in shares.
Reported Earnings • Nov 13Second quarter 2022 earnings released: EPS ₹3.87 (vs ₹2.68 in 2Q 2021)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: ₹1.81b (up 36% from 2Q 2021). Net income: ₹257.2m (up 44% from 2Q 2021). Profit margin: 14% (in line with 2Q 2021).
Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹171, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 38% over the past three years.
Upcoming Dividend • Aug 23Upcoming dividend of ₹1.50 per shareEligible shareholders must have bought the stock before 30 August 2021. Payment date: 30 September 2021. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.4%).
Reported Earnings • Aug 15First quarter 2022 earnings released: EPS ₹3.08 (vs ₹1.90 in 1Q 2021)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: ₹1.59b (up 78% from 1Q 2021). Net income: ₹205.1m (up 62% from 1Q 2021). Profit margin: 13% (down from 14% in 1Q 2021). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Jul 28Upcoming dividend of ₹1.50 per shareEligible shareholders must have bought the stock before 04 August 2021. Payment date: 07 October 2021. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.5%).
Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improved over the past weekAfter last week's 25% share price gain to ₹141, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 30% over the past three years.
Reported Earnings • Jul 03Full year 2021 earnings released: EPS ₹8.16 (vs ₹15.54 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹4.60b (down 38% from FY 2020). Net income: ₹542.7m (down 48% from FY 2020). Profit margin: 12% (down from 14% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat.
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹127, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 19x in the Luxury industry in India. Total loss to shareholders of 22% over the past three years.
Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS ₹2.34 (vs ₹5.26 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹1.22b (down 52% from 3Q 2020). Net income: ₹155.4m (down 56% from 3Q 2020). Profit margin: 13% (down from 14% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
お知らせ • Jan 27Kitex Garments Limited to Report Q3, 2021 Results on Feb 10, 2021Kitex Garments Limited announced that they will report Q3, 2021 results on Feb 10, 2021