Kitex Garments Past Earnings Performance
Past criteria checks 0/6
Kitex Garments's earnings have been declining at an average annual rate of -3.8%, while the Luxury industry saw earnings growing at 17.3% annually. Revenues have been declining at an average rate of 0.9% per year. Kitex Garments's return on equity is 5.4%, and it has net margins of 8.9%.
Key information
-3.8%
Earnings growth rate
-5.7%
EPS growth rate
| Luxury Industry Growth | 17.6% |
| Revenue growth rate | -0.9% |
| Return on equity | 5.4% |
| Net Margin | 8.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Kitex Garments (NSE:KITEX) Will Want To Turn Around Its Return Trends
Apr 04
Kitex Garments Limited's (NSE:KITEX) Share Price Could Signal Some Risk
Mar 05Calculating The Fair Value Of Kitex Garments Limited (NSE:KITEX)
Feb 03Kitex Garments (NSE:KITEX) Will Want To Turn Around Its Return Trends
Dec 16Kitex Garments Limited's (NSE:KITEX) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 24Kitex Garments (NSE:KITEX) May Have Issues Allocating Its Capital
Aug 30We Ran A Stock Scan For Earnings Growth And Kitex Garments (NSE:KITEX) Passed With Ease
Dec 26Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50
Aug 08Kitex Garments (NSE:KITEX) Will Pay A Dividend Of ₹1.50
Jul 15Kitex Garments' (NSE:KITEX) Returns On Capital Not Reflecting Well On The Business
May 30Some Investors May Be Worried About Kitex Garments' (NSE:KITEX) Returns On Capital
Feb 02Returns On Capital Signal Tricky Times Ahead For Kitex Garments (NSE:KITEX)
May 05If You Had Bought Kitex Garments' (NSE:KITEX) Shares Five Years Ago You Would Be Down 64%
Feb 28Do Insiders Own Lots Of Shares In Kitex Garments Limited (NSE:KITEX)?
Feb 09The Trends At Kitex Garments (NSE:KITEX) That You Should Know About
Jan 20A Look At The Intrinsic Value Of Kitex Garments Limited (NSE:KITEX)
Dec 30
Here's Why I Think Kitex Garments (NSE:KITEX) Might Deserve Your Attention Today
Nov 19If You Had Bought Kitex Garments' (NSE:KITEX) Shares Five Years Ago You Would Be Down 79%
Oct 29Should You Be Adding Kitex Garments (NSE:KITEX) To Your Watchlist Today?
Jul 28Kitex Garments Limited (NSE:KITEX) Might Not Be As Mispriced As It Looks
Jul 08Revenue & Expenses Breakdown
How Kitex Garments makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 6,312 | 563 | 1,195 | 0 |
| 31 Dec 23 | 5,416 | 396 | 1,115 | 0 |
| 30 Jun 23 | 4,534 | 288 | 1,046 | 0 |
| 31 Mar 23 | 5,570 | 576 | 1,110 | 0 |
| 31 Dec 22 | 7,128 | 984 | 1,167 | 0 |
| 30 Sep 22 | 8,475 | 1,372 | 1,238 | 0 |
| 30 Jun 22 | 8,839 | 1,412 | 1,235 | 0 |
| 31 Mar 22 | 7,883 | 1,251 | 1,162 | 0 |
| 31 Dec 21 | 6,465 | 892 | 1,043 | 0 |
| 30 Sep 21 | 5,645 | 700 | 944 | 0 |
| 30 Jun 21 | 5,196 | 621 | 855 | 0 |
| 31 Mar 21 | 4,554 | 543 | 784 | 0 |
| 31 Dec 20 | 4,900 | 636 | 897 | 0 |
| 30 Sep 20 | 6,200 | 831 | 1,056 | 0 |
| 30 Jun 20 | 6,832 | 1,021 | 1,152 | 0 |
| 31 Mar 20 | 7,392 | 1,034 | 1,246 | 0 |
| 31 Dec 19 | 7,729 | 1,001 | 1,227 | 0 |
| 30 Sep 19 | 6,581 | 775 | 1,121 | 0 |
| 30 Jun 19 | 6,295 | 668 | 1,077 | 0 |
| 31 Mar 19 | 6,068 | 714 | 1,078 | 0 |
| 31 Mar 18 | 5,573 | 635 | 999 | 0 |
| 31 Mar 17 | 5,459 | 835 | 935 | 0 |
| 31 Mar 16 | 5,458 | 1,097 | 860 | 0 |
| 31 Dec 15 | 5,195 | 1,088 | 967 | 0 |
| 30 Sep 15 | 5,235 | 1,079 | 954 | 0 |
| 30 Jun 15 | 5,117 | 1,001 | 934 | 0 |
| 31 Mar 15 | 5,111 | 985 | 777 | 0 |
| 31 Dec 14 | 4,920 | 780 | 781 | 0 |
| 30 Sep 14 | 4,708 | 662 | 736 | 0 |
| 30 Jun 14 | 4,440 | 588 | 696 | 0 |
| 31 Mar 14 | 4,422 | 574 | 674 | 0 |
| 31 Dec 13 | 3,872 | 441 | 598 | 0 |
| 30 Sep 13 | 3,846 | 431 | 567 | 0 |
| 30 Jun 13 | 3,521 | 351 | 528 | 0 |
Quality Earnings: KITEX has a high level of non-cash earnings.
Growing Profit Margin: KITEX's current net profit margins (8.9%) are lower than last year (10.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KITEX's earnings have declined by 3.8% per year over the past 5 years.
Accelerating Growth: KITEX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KITEX had negative earnings growth (-2.1%) over the past year, making it difficult to compare to the Luxury industry average (-0.9%).
Return on Equity
High ROE: KITEX's Return on Equity (5.4%) is considered low.