Kitex Garments Limited

NSEI:KITEX Stock Report

Market Cap: ₹37.7b

Kitex Garments Management

Management criteria checks 2/4

Kitex Garments' CEO is Sabu Jacob, appointed in Aug 2006, has a tenure of 19.08 years. total yearly compensation is ₹105.97M, comprised of 10.2% salary and 89.8% bonuses, including company stock and options. directly owns 40.69% of the company’s shares, worth ₹15.36B. The average tenure of the management team and the board of directors is 6.2 years and 10.3 years respectively.

Key information

Sabu Jacob

Chief executive officer

₹106.0m

Total compensation

CEO salary percentage10.19%
CEO tenure19.1yrs
CEO ownership40.7%
Management average tenure6.2yrs
Board average tenure10.3yrs

Recent management updates

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 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

Recent updates

Kitex Garments Limited (NSE:KITEX) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely

Aug 05
Kitex Garments Limited (NSE:KITEX) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely

These 4 Measures Indicate That Kitex Garments (NSE:KITEX) Is Using Debt Reasonably Well

Jun 27
These 4 Measures Indicate That Kitex Garments (NSE:KITEX) Is Using Debt Reasonably Well

Kitex Garments Limited's (NSE:KITEX) Business Is Yet to Catch Up With Its Share Price

Feb 27
Kitex Garments Limited's (NSE:KITEX) Business Is Yet to Catch Up With Its Share Price

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

Jan 25
Some Investors May Be Worried About Kitex Garments' (NSE:KITEX) Returns On Capital

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

CEO Compensation Analysis

How has Sabu Jacob's remuneration changed compared to Kitex Garments's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

₹1b

Mar 31 2025₹106m₹11m

₹1b

Dec 31 2024n/an/a

₹1b

Sep 30 2024n/an/a

₹999m

Jun 30 2024n/an/a

₹758m

Mar 31 2024₹50m₹11m

₹563m

Dec 31 2023n/an/a

₹396m

Sep 30 2023n/an/a

₹204m

Jun 30 2023n/an/a

₹288m

Mar 31 2023₹93m₹11m

₹576m

Dec 31 2022n/an/a

₹984m

Sep 30 2022n/an/a

₹1b

Jun 30 2022n/an/a

₹1b

Mar 31 2022₹93m₹11m

₹1b

Dec 31 2021n/an/a

₹892m

Sep 30 2021n/an/a

₹700m

Jun 30 2021n/an/a

₹621m

Mar 31 2021₹45m₹11m

₹543m

Dec 31 2020n/an/a

₹636m

Sep 30 2020n/an/a

₹831m

Jun 30 2020n/an/a

₹1b

Mar 31 2020₹50m₹11m

₹1b

Dec 31 2019n/an/a

₹1b

Sep 30 2019n/an/a

₹775m

Jun 30 2019n/an/a

₹668m

Mar 31 2019₹69m₹11m

₹714m

Compensation vs Market: Sabu's total compensation ($USD1.20M) is above average for companies of similar size in the Indian market ($USD272.21K).

Compensation vs Earnings: Sabu's compensation has increased by more than 20% in the past year.

CEO

Sabu Jacob (63 yo)

19.1yrs
Tenure
₹105,966,817
Compensation

Mr. Sabu Meckamkunnel Jacob has been Managing Director of Kitex Garments Limited since August 16, 2006 and was its Interim Chief Financial Officer since May 20, 2019 until July 1, 2019. He serves as a Dire...

Leadership Team

NamePositionTenureCompensationOwnership
Sabu Jacob
Chairman & MD19.1yrs₹105.97m40.69%
₹ 15.4b
Boby Michael
Chief Financial Officer6.2yrs₹4.84m0.049%
₹ 18.5m
Dayana Joseph
Company Secretary & Compliance Officer2yrs₹1.51mno data
Sindhu Chandrasekharan
Whole-Time Director & Assistant VP (Finance)no data₹2.85mno data
Donnie Hodge
President & COO of Kitex USA LLCno datano datano data
6.2yrs
Average Tenure

Experienced Management: KITEX's management team is seasoned and experienced (6.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sabu Jacob
Chairman & MD32.1yrs₹105.97m40.69%
₹ 15.4b
Sindhu Chandrasekharan
Whole-Time Director & Assistant VP (Finance)10.5yrs₹2.85mno data
Kalpathy Lekshmi Narayanan
Non Executive Director12.4yrs₹385.00kno data
Chenakkott Philipose
Independent Non Executive Director10.2yrs₹460.00kno data
Sumi Francis
Additional Non Executive & Independent Women Director4.8yrs₹440.00kno data
Amparyil Mathew
Independent Director1.1yrs₹285.00kno data
10.3yrs
Average Tenure
65.5yo
Average Age

Experienced Board: KITEX's board of directors are seasoned and experienced ( 10.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/03 02:40
End of Day Share Price 2025/09/03 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

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.

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 Github.

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.