1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Manufacturers
Kitex Garments Limited

Kitex Garments Limited

KITEX.NS
Kitex Garments LimitedIN flagNational Stock Exchange of India
162.13
INR
+1.24
- -
32.34BMarket Cap
Kitex Garments Limited
KITEX.NS
(National Stock Exchange of India)

Recent

price

162.13

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
12.4
12.14
15.64
15.89
22.17
25.62
27.36
34.02
25.63
28.23
34.81
21.45
37.41
26.48
28.9
45.59
36.81
Revenue per Share
0.93
1.03
1.36
1.47
2.88
4.94
5.5
5.86
3.19
3.58
5.18
2.72
6.27
2.88
2.82
6.95
2.17
Basic EPS, GAAP
2.09
-1.32
2.79
0.97
2.17
4.84
6.47
1.16
-0.54
-3.46
1.1
5.34
-1.86
-6.05
-32.85
-22.6
- -
Free Cash Flow per Basic Share
0.07
0.08
0.11
0.17
0.22
0.28
0.56
0.61
0.51
0.3
1.2
0.01
0.5
0.5
0.5
0.5
- -
Dividend per Share
0.24
0.24
4.39
5.49
7.78
11.78
16.06
16.53
14.11
16.88
19.78
21.51
26.34
27.65
28.96
34.4
- -
Book Value per Share
2.77
3.64
4.85
6.11
8.72
13.21
18.46
31.02
24.88
28.11
32.12
34.86
40.66
48.93
51.73
60.64
- -
Tangible Book Value per Share
200
200
200
200
200
200
200
142
200
200
200
200
200
200
200
200
198
Basic Weighted Avg Shares
2,474
2,423
3,120
3,170
4,422
5,111
5,458
4,848
5,114
5,632
6,945
4,280
7,463
5,284
5,767
9,096
7,277
Sales/Revenue/Turnover
17.38
-0.15
17.53
16.39
19.35
29.22
30.77
32.16
22.02
20.69
16.04
18.39
20.21
10.45
14.22
20.48
7.09
Operating Margin (%)
66
69
69
86
97
213
213
218
234
273
265
231
214
212
207
157
275
Depreciation Expense
185
206
271
294
574
985
1,097
835
635
714
1,034
543
1,251
576
563
1,387
429
Net Income, GAAP
33.41
33.96
32.39
33.3
34.95
30.46
34.47
35.15
34.86
37.49
25.02
31.23
27.5
28.18
35.62
28.38
54.44
Effective Tax Rate (%)
7.48
8.52
8.69
9.27
12.97
19.28
20.1
17.21
12.43
12.69
14.88
12.68
16.77
10.89
9.77
15.25
5.89
Profit Margin (%)
636
748
-47
134
406
1,225
2,179
2,828
3,069
3,248
3,845
4,533
5,165
3,700
4,195
4,376
- -
Working Capital
1,135
1,087
69
25
289
268
83
31
6
- -
- -
- -
- -
- -
6,047
9,200
- -
LT Debt
552
736
974
1,224
1,742
2,639
3,696
4,446
4,987
5,635
6,414
6,958
8,122
9,767
10,321
12,098
- -
Total Equity
16.6
-0.14
20.08
17.33
21.93
29.75
24.31
20.88
14.96
12.25
11.7
7.39
13.54
4.14
3.85
6.61
- -
Return on Invested Capital (%)
21.95
26.29
26.97
15.58
26.98
34.36
29.71
26.37
25.11
20.51
23.62
12.11
24.78
9.46
5.88
9.07
8.64
Return on Capital (%)
389.57
434.37
58.75
29.82
43.33
50.48
39.5
30.02
24.58
23.11
28.27
13.18
26.22
10.69
9.97
21.95
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'26
Sep'26
Dec'26
ST Debt
- -
2,163
- -
LT Borrowings
- -
9,674
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
200
- -
Market Capitalization
56,141
36,885
35,911

Working Capital

FRC

•

in mil. unless spec.
Jun'26
Sep'26
Dec'26
Total Current Assets
- -
6,105
- -
Cash, Cash Equivalents & STI
- -
1,561
- -
Accounts Receivable, Net
- -
1,682
- -
Inventories
- -
2,260
- -
Total Current Liabilities
- -
3,694
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,163
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.77%
13.67%
17.21%
Free Cash Flow
107.47%
177.52%
-31.19%
Net Income, GAAP
19.39%
34.64%
146.28%
Sales/Revenue/Turnover
10.82%
14.74%
57.74%
Total Cash Common Dividend
930.05%
1,789.38%
-0.4%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,458
1,458
1,641
1,328
5,767
2025
1,904
2,159
2,763
2,269
9,096
2026
1,967
1,221
1,820
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.39
0.39
0.75
- -
2.82
2025
1.37
1.87
2.06
- -
6.95
2026
1.04
-0.08
-0.47
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.5
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
- -
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Business
Kitex Garments Limited is an India-based company engaged in the manufacturing and sale of garments. Its core offerings include the production of knitted garments, including babywear, kidswear, and casual wear, primarily under proprietary brands and private label contracts. The company operates through multiple segments including garments manufacturing and ancillary activities of textile and garment production for export and domestic markets. Kitex serves global markets with a focus on outsourcing apparel to international retail brands. Founded in 1992 and headquartered in Kerala, India, Kitex Garments Limited is recognized as one of the leading garment manufacturers in India. The company focuses on high-quality knitted apparel, offering a wide range of products such as infant wear, kid’s wear, and casual clothing. Kitex operates state-of-the-art manufacturing facilities and adheres to international standards for product quality and social compliance. In the past 1-2 years, Kitex Garments has expanded its strategic operations by entering into new partnerships and exploring business expansions to enhance its market presence. Notably, the company has been actively involved in increasing its production capacity and diversification of product offerings to cater to evolving global textile demands. This includes recent advancements in supply chain efficiencies and digitalization initiatives to better serve its multinational clientele. Kitex also continues to emphasize sustainable manufacturing practices within its operations. The company operates primarily in India with a significant export footprint across countries in North America, Europe, and other international markets. Kitex Garments Limited positions itself as a key player in the textile and garment industry, providing comprehensive apparel solutions from design and manufacturing to export, targeting large retail chains and reputed international brands. This comprehensive profile highlights Kitex Garments Limited's established manufacturing capabilities, recent operational enhancements, and focused international market approach, underpinning its standing as a prominent company in the textile and apparel sector.