Kizi Apparels Limited

Kizi Apparels Limited

BBSE:KIZI
15.33
INR
-0.80
(-4.96%)
121.20MMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
6.38
19.8
25.92
33.81
54.53
- -
Basic EPS, GAAP
0.26
0.7
0.92
1.1
1.29
- -
Free Cash Flow per Basic Share
-0.39
-2.97
-5.43
-10.09
-3.36
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
4.31
5.05
7.52
17.36
18.65
18.65
Tangible Book Value per Share
4.3
5.04
6.23
15.08
17.65
17.65
Basic Weighted Avg Shares
8
8
8
8
8
8
Sales/Revenue/Turnover
50
155
203
264
426
- -
Operating Margin (%)
2.17
7.49
7.76
6.87
5.7
- -
Depreciation Expense
1
1
2
2
2
- -
Net Income, GAAP
2
5
7
9
10
- -
Effective Tax Rate (%)
20.92
27.27
24.5
25.34
35.69
- -
Profit Margin (%)
4.14
3.55
3.55
3.25
2.36
- -
Working Capital
19
43
66
129
136
136
LT Debt
8
8
21
6
4
4
Total Equity
34
39
59
136
146
146
Return on Invested Capital (%)
- -
12.74
12.76
8.87
7.48
- -
Return on Capital (%)
- -
12.47
12.06
8.86
7.29
- -
Return on Common Equity (%)
- -
15.02
14.62
8.83
7.14
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
49
57
72
LT Borrowings
6
6
4
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
119
127
121

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
192
296
267
Cash, Cash Equivalents & STI
1
1
3
Accounts Receivable, Net
61
124
100
Inventories
118
122
160
Total Current Liabilities
63
162
131
Payables & Accruals
- -
- -
- -
ST Debt
49
57
72
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
7.41%
Free Cash Flow
- -
- -
-66.72%
Net Income, GAAP
- -
- -
17.17%
Sales/Revenue/Turnover
- -
- -
61.3%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
203
2025
- -
- -
264
2026
- -
- -
426

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.92
2025
- -
- -
1.1
2026
- -
- -
1.29

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
Jaipur India
IPO Date
Aug 6, 2024
Business
Kizi Apparels Limited is an India-based apparel manufacturing, trading, and retail enterprise specializing in the design, production, and distribution of women's ready-to-wear clothing. Founded in 2023 and headquartered in Jaipur, Rajasthan, the company operates manufacturing, designing, and fulfillment facilities situated in the Sitapura Industrial Area of Jaipur. Kizi Apparels caters to both the business-to-consumer (B2C) and business-to-business (B2B) markets across India, managing an integrated value chain that spans garment styling, fabric cutting, stitching, quality inspection, and multi-channel retailing. The company's core product portfolio encompasses a comprehensive assortment of women's ethnic and contemporary western garments marketed under proprietary brand names, notably KIZI for modern western apparel and ANUTARRA for traditional and ethnic wear. Its product and service lines include women's ethnic wear, such as two-piece and three-piece kurta sets, embroidered kurtis, traditional dresses, festive gowns, lehengas, and ethnic bottoms; contemporary western wear, such as casual dresses, formal dresses, co-ord sets, tops, shirts, trousers, and semi-formal blazers; festive and wedding collections; private-label contract manufacturing, cut-and-sew garment production, and job-work services for established third-party retailers and corporate fashion brands; and bulk wholesale trading. The company distributes its apparel through an omnichannel network comprising exclusive brand outlets, multi-brand retail stores, shopping mall counters, regional wholesale distributors, and online channels including its direct-to-consumer portal and prominent third-party e-commerce marketplaces. In recent developments, Kizi Apparels Limited completed its Initial Public Offering (IPO) and listed its equity shares on the BSE SME platform in August 2024 under the ticker KIZI. Following its public listing, the company accelerated its commercial expansion by substantially widening its presence across major e-commerce platforms and broadening its offline distribution networks across Indian states. To accommodate increasing order volumes and support ongoing operational scale, the company expanded garment manufacturing throughput at its Jaipur production base and approved an increase in its authorized share capital to INR 11 crore, driving strong revenue growth across its branded ethnic and western wear divisions.