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Kitex Garments NSEI:KITEX Stock Report

Last Price

₹234.30

Market Cap

₹46.9b

7D

-1.0%

1Y

215.6%

Updated

22 Jan, 2025

Data

Company Financials

Kitex Garments Limited

NSEI:KITEX Stock Report

Market Cap: ₹46.9b

KITEX Stock Overview

Manufactures and sells fabric and readymade garments for infants and children in India, the Unites States, and internationally. More details

KITEX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends3/6

Rewards

Earnings grew by 389.3% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Earnings have declined by 6.8% per year over past 5 years

Volatile share price over the past 3 months compared to the Indian market


My Notes

Capture your thoughts, links and company narrative

Kitex Garments Limited Competitors

Lux Industries

NSEI:LUXIND

₹50.6b

Goldiam International

BSE:526729

₹50.9b

Vaibhav Global

NSEI:VAIBHAVGBL

₹46.8b

Rajesh Exports

NSEI:RAJESHEXPO

₹59.6b

Price History & Performance

Summary of share price highs, lows and changes for Kitex Garments
Historical stock prices
Current Share Price₹234.30
52 Week High₹295.47
52 Week Low₹59.00
Beta0.39
1 Month Change-7.17%
3 Month Change38.18%
1 Year Change215.63%
3 Year Change189.38%
5 Year Change472.16%
Change since IPO1,470.73%

Recent News & Updates

There's Reason For Concern Over Kitex Garments Limited's (NSE:KITEX) Massive 31% Price Jump

Nov 21
There's Reason For Concern Over Kitex Garments Limited's (NSE:KITEX) Massive 31% Price Jump

Recent updates

There's Reason For Concern Over Kitex Garments Limited's (NSE:KITEX) Massive 31% Price Jump

Nov 21
There's Reason For Concern Over Kitex Garments Limited's (NSE:KITEX) Massive 31% Price Jump

Kitex Garments Limited (NSE:KITEX) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected

Sep 29
Kitex Garments Limited (NSE:KITEX) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected

Increases to CEO Compensation Might Be Put On Hold For Now at Kitex Garments Limited (NSE:KITEX)

Sep 22
Increases to CEO Compensation Might Be Put On Hold For Now at Kitex Garments Limited (NSE:KITEX)

Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50

Sep 17
Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50

Kitex Garments (NSE:KITEX) Is Due To Pay A Dividend Of ₹1.50

Sep 02
Kitex Garments (NSE:KITEX) Is Due To Pay A Dividend Of ₹1.50

Earnings Not Telling The Story For Kitex Garments Limited (NSE:KITEX) After Shares Rise 30%

Aug 15
Earnings Not Telling The Story For Kitex Garments Limited (NSE:KITEX) After Shares Rise 30%

Investors Could Be Concerned With Kitex Garments' (NSE:KITEX) Returns On Capital

Aug 12
Investors Could Be Concerned With Kitex Garments' (NSE:KITEX) Returns On Capital

Kitex Garments' (NSE:KITEX) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 27
Kitex Garments' (NSE:KITEX) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Kitex Garments (NSE:KITEX) Will Want To Turn Around Its Return Trends

Apr 04
Kitex Garments (NSE:KITEX) Will Want To Turn Around Its Return Trends

Kitex Garments Limited's (NSE:KITEX) Share Price Could Signal Some Risk

Mar 05
Kitex Garments Limited's (NSE:KITEX) Share Price Could Signal Some Risk

Calculating The Fair Value Of Kitex Garments Limited (NSE:KITEX)

Feb 03
Calculating The Fair Value Of Kitex Garments Limited (NSE:KITEX)

Kitex Garments (NSE:KITEX) Will Want To Turn Around Its Return Trends

Dec 16
Kitex Garments (NSE:KITEX) Will Want To Turn Around Its Return Trends

Kitex Garments Limited's (NSE:KITEX) CEO Compensation Is Looking A Bit Stretched At The Moment

Sep 24
Kitex Garments Limited's (NSE:KITEX) CEO Compensation Is Looking A Bit Stretched At The Moment

Kitex Garments (NSE:KITEX) May Have Issues Allocating Its Capital

Aug 30
Kitex Garments (NSE:KITEX) May Have Issues Allocating Its Capital

We Ran A Stock Scan For Earnings Growth And Kitex Garments (NSE:KITEX) Passed With Ease

Dec 26
We Ran A Stock Scan For Earnings Growth And Kitex Garments (NSE:KITEX) Passed With Ease

Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50

Aug 08
Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50

Kitex Garments (NSE:KITEX) Will Pay A Dividend Of ₹1.50

Jul 15
Kitex Garments (NSE:KITEX) Will Pay A Dividend Of ₹1.50

Kitex Garments' (NSE:KITEX) Returns On Capital Not Reflecting Well On The Business

May 30
Kitex Garments' (NSE:KITEX) Returns On Capital Not Reflecting Well On The Business

Some Investors May Be Worried About Kitex Garments' (NSE:KITEX) Returns On Capital

Feb 02
Some Investors May Be Worried About Kitex Garments' (NSE:KITEX) Returns On Capital

Returns On Capital Signal Tricky Times Ahead For Kitex Garments (NSE:KITEX)

May 05
Returns On Capital Signal Tricky Times Ahead For Kitex Garments (NSE:KITEX)

If You Had Bought Kitex Garments' (NSE:KITEX) Shares Five Years Ago You Would Be Down 64%

Feb 28
If You Had Bought Kitex Garments' (NSE:KITEX) Shares Five Years Ago You Would Be Down 64%

Do Insiders Own Lots Of Shares In Kitex Garments Limited (NSE:KITEX)?

Feb 09
Do Insiders Own Lots Of Shares In Kitex Garments Limited (NSE:KITEX)?

The Trends At Kitex Garments (NSE:KITEX) That You Should Know About

Jan 20
The Trends At Kitex Garments (NSE:KITEX) That You Should Know About

A Look At The Intrinsic Value Of Kitex Garments Limited (NSE:KITEX)

Dec 30
A Look At The Intrinsic Value Of Kitex Garments Limited (NSE:KITEX)

Here's Why I Think Kitex Garments (NSE:KITEX) Might Deserve Your Attention Today

Nov 19
Here's Why I Think Kitex Garments (NSE:KITEX) Might Deserve Your Attention Today

Shareholder Returns

KITEXIN LuxuryIN Market
7D-1.0%-1.1%0.2%
1Y215.6%2.7%12.0%

Return vs Industry: KITEX exceeded the Indian Luxury industry which returned 2.7% over the past year.

Return vs Market: KITEX exceeded the Indian Market which returned 12% over the past year.

Price Volatility

Is KITEX's price volatile compared to industry and market?
KITEX volatility
KITEX Average Weekly Movement8.4%
Luxury Industry Average Movement6.4%
Market Average Movement6.3%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.2%

Stable Share Price: KITEX's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: KITEX's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
19924,951Sabu Jacobwww.kitexgarments.com

Kitex Garments Limited manufactures and sells fabric and readymade garments for infants and children in India, the Unites States, and internationally. It manufactures and exports knitted fabrics and infant garments. The company offers baby suits, sleepwear, rompers, burps, bips, and training pants.

Kitex Garments Limited Fundamentals Summary

How do Kitex Garments's earnings and revenue compare to its market cap?
KITEX fundamental statistics
Market cap₹46.94b
Earnings (TTM)₹998.55m
Revenue (TTM)₹7.44b

47.0x

P/E Ratio

6.3x

P/S Ratio

Is KITEX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KITEX income statement (TTM)
Revenue₹7.44b
Cost of Revenue₹2.97b
Gross Profit₹4.46b
Other Expenses₹3.47b
Earnings₹998.55m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.01
Gross Margin60.05%
Net Profit Margin13.43%
Debt/Equity Ratio66.0%

How did KITEX perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

18%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 23:14
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kitex Garments Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kameswari V. S. ChavaliFirstCall Research
Gautam DuggadMotilal Oswal Securities Ltd.