Kewal Kiran Clothing
Market Cap
₹12.1b
Last Updated
2019/11/13 12:53 UTC
Data Sources
Company Financials +
Executive Summary
Kewal Kiran Clothing Limited designs, manufactures, markets, and retails a range of apparel products for men and women in Asia, in the Middle East, and the Commonwealth of Independent States.
Snowflake
Fundamentals
Excellent balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Kewal Kiran Clothing's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KKCL has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.8%
KKCL
-4.2%
IN Luxury
-0.6%
IN Market
1 Year Return
-25.0%
KKCL
3.7%
IN Luxury
5.0%
IN Market
Return vs Industry: KKCL underperformed the Indian Luxury industry which returned 3.7% over the past year.
Return vs Market: KKCL underperformed the Indian Market which returned 5% over the past year.
Shareholder returns
| KKCL | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | -4.2% | -0.6% |
| 30 Day | 2.4% | 0.4% | 5.9% |
| 90 Day | -0.7% | 9.0% | 8.2% |
| 1 Year | -22.4%-25.0% | 4.5%3.7% | 7.0%5.0% |
| 3 Year | -37.7%-42.0% | 65.3%63.3% | 36.1%29.2% |
| 5 Year | -36.1%-42.8% | 103.2%96.6% | 38.6%25.8% |
Price Volatility Vs. Market
How volatile is Kewal Kiran Clothing's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Was Kewal Kiran Clothing Limited's (NSE:KKCL) Earnings Growth Better Than The Industry's?2 weeks ago | Simply Wall St
If You Had Bought Kewal Kiran Clothing (NSE:KKCL) Stock Three Years Ago, You'd Be Sitting On A 46% Loss, Today1 month ago | Simply Wall St
Should You Be Tempted To Sell Kewal Kiran Clothing Limited (NSE:KKCL) Because Of Its P/E Ratio?Valuation
Is Kewal Kiran Clothing undervalued compared to its fair value and its price relative to the market?
15.46x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KKCL (₹993.35) is trading above our estimate of fair value (₹430.11)
Significantly Below Fair Value: KKCL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KKCL is poor value based on its PE Ratio (15.5x) compared to the Luxury industry average (10.2x).
PE vs Market: KKCL is poor value based on its PE Ratio (15.5x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KKCL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KKCL is overvalued based on its PB Ratio (2.7x) compared to the IN Luxury industry average (0.6x).
Next Steps
Future Growth
How is Kewal Kiran Clothing forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-11.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KKCL's earnings are forecast to decline over the next 3 years (-11.8% per year).
Earnings vs Market: KKCL's earnings are forecast to decline over the next 3 years (-11.8% per year).
High Growth Earnings: KKCL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: KKCL's revenue (11.7% per year) is forecast to grow faster than the Indian market (11.2% per year).
High Growth Revenue: KKCL's revenue (11.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KKCL's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Kewal Kiran Clothing performed over the past 5 years?
4.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KKCL has a high level of non-cash earnings.
Growing Profit Margin: KKCL's current net profit margins (15.1%) are lower than last year (15.9%).
Past Earnings Growth Analysis
Earnings Trend: KKCL's earnings have grown by 4.3% per year over the past 5 years.
Accelerating Growth: KKCL's earnings growth over the past year (2.3%) is below its 5-year average (4.3% per year).
Earnings vs Industry: KKCL earnings growth over the past year (2.3%) underperformed the Luxury industry 6%.
Return on Equity
High ROE: KKCL's Return on Equity (17.2%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Kewal Kiran Clothing's financial position?
Financial Position Analysis
Short Term Liabilities: KKCL's short term assets (₹3.9B) exceeds its short term liabilities (₹1.9B)
Long Term Liabilities: KKCL's short term assets (3.9B) exceeds its long term liabilities (101.7M)
Debt to Equity History and Analysis
Debt Level: KKCL's debt to equity ratio (20.4%) is considered satisfactory
Reducing Debt: KKCL's debt to equity ratio has increased from 4.2% to 20.4% over the past 5 years.
Debt Coverage: KKCL's debt is well covered by operating cash flow (24.6%).
Interest Coverage: KKCL's interest payments on its debt are well covered by EBIT (12.5x coverage).
Balance Sheet
Inventory Level: KKCL has a high level of physical assets or inventory.
Debt Coverage by Assets: KKCL's debt is covered by short term assets (assets are 4.2x debt).
Next Steps
Dividend
What is Kewal Kiran Clothing's current dividend yield, its reliability and sustainability?
3.45%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: KKCL's dividend (3.45%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).
High Dividend: KKCL's dividend (3.45%) is in the top 25% of dividend payers in the Indian market (2.36%)
Stability and Growth of Payments
Stable Dividend: KKCL's dividend payments have been volatile in the past 10 years.
Growing Dividend: KKCL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.3%), KKCL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Kewal Kiran Clothing's salary, the management and board of directors tenure and is there insider trading?
5.6yrs
Average management tenure
CEO
Kewalchand Jain (57yo)
13.9yrs
Tenure
₹7,989,600
Compensation
Mr. Kewalchand Pukhraj Jain has been the Chairman of the Board and Managing Director at Kewal Kiran Clothing Limited since December 3, 2005. Mr. Jain heads the finance functions of Kewal Kiran and is respo ...
CEO Compensation Analysis
Compensation vs Market: Kewalchand's total compensation ($USD111.34K) is below average for companies of similar size in the Indian market ($USD291.67K).
Compensation vs Earnings: Kewalchand's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.6yrs
Average Tenure
47.5yo
Average Age
Experienced Management: KKCL's management team is seasoned and experienced (5.6 years average tenure).
Board Age and Tenure
14.0yrs
Average Tenure
55.5yo
Average Age
Experienced Board: KKCL's board of directors are seasoned and experienced ( 14 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Hemant Jain (54yo)
Whole Time Director
- Tenure: 27.8yrs
- Compensation: ₹7.99m
Abhijit Warange (41yo)
VP of Legal
- Tenure: 0yrs
- Compensation: ₹3.58m
Vikas Jain (49yo)
Head of Operations & Distribution and Whole Time Director
- Tenure: 22.1yrs
- Compensation: ₹7.99m
Dinesh Jain (50yo)
Head of Manufacturing Operations & Whole Time Director
- Tenure: 22.1yrs
- Compensation: ₹7.99m
Kewalchand Jain (57yo)
Chairman & MD
- Tenure: 13.9yrs
- Compensation: ₹7.99m
Ashish Barodia (46yo)
Head Operations of Easies
- Tenure: 5.6yrs
- Compensation: ₹463.00k
Pankaj Jain (34yo)
President of Retail Division
- Tenure: 11.1yrs
Bhavin Sheth (43yo)
CFO & Chief Investor Relations Officer
- Tenure: 3.8yrs
- Compensation: ₹5.50m
Sanjeev Chauhan (52yo)
Head of Human Resource
- Tenure: 5.5yrs
Lakhbir Singh (40yo)
Brand Head - Killer
- Tenure: 0yrs
Board Members
Prakash Mody (66yo)
Non-Executive Independent Director
- Tenure: 14yrs
- Compensation: ₹240.00k
Hemant Jain (54yo)
Whole Time Director
- Tenure: 27.8yrs
- Compensation: ₹7.99m
Nimish Pandya (66yo)
Non-Executive Independent Director
- Tenure: 14yrs
- Compensation: ₹840.00k
Vikas Jain (49yo)
Head of Operations & Distribution and Whole Time Director
- Tenure: 22.1yrs
- Compensation: ₹7.99m
Dinesh Jain (50yo)
Head of Manufacturing Operations & Whole Time Director
- Tenure: 22.1yrs
- Compensation: ₹7.99m
Kewalchand Jain (57yo)
Chairman & MD
- Tenure: 13.9yrs
- Compensation: ₹7.99m
Yogesh Thar (57yo)
Non-Executive Independent Director
- Tenure: 6.8yrs
- Compensation: ₹780.00k
Drushti Desai (46yo)
Non-Executive Independent Director
- Tenure: 5.3yrs
- Compensation: ₹780.00k
Company Information
Kewal Kiran Clothing Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kewal Kiran Clothing Limited
- Ticker: KKCL
- Exchange: NSEI
- Founded: 1980
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹12.140b
- Shares outstanding: 12.33m
- Website: https://www.kewalkiran.com
Number of Employees
Location
- Kewal Kiran Clothing Limited
- Kewal Kiran Estate
- 460/7, I. B. Patel Road
- Mumbai
- Maharashtra
- 400063
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532732 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Apr 2006 |
| KKCL | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Apr 2006 |
Biography
Kewal Kiran Clothing Limited designs, manufactures, markets, and retails a range of apparel products for men and women in Asia, in the Middle East, and the Commonwealth of Independent States. It offers cas ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/13 12:53 |
| End of Day Share Price | 2019/11/13 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.