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Last Updated on: 12 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Kitex Garments Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 1:33 pm

Market Cap 3,420 Cr.
Current Price 171
High / Low 300/58.9
Stock P/E27.6
Book Value 48.1
Dividend Yield0.29 %
ROCE6.92 %
ROE6.33 %
Face Value 1.00
PEG Ratio1.51

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Kitex Garments Ltd

Competitors of Kitex Garments Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Haria Exports Ltd 9.47 Cr. 8.20 9.36/3.8772.8 12.20.00 %0.64 %0.64 % 10.0
Haria Apparels Ltd 8.06 Cr. 5.27 6.80/4.3513.4 3.620.00 %18.6 %18.2 % 10.0
Garment Mantra Lifestyle Ltd 34.5 Cr. 1.72 4.05/1.4818.0 1.920.00 %7.86 %6.85 % 1.00
Cityman Ltd 32.4 Cr. 27.7 27.7/14.4 5.490.00 %4.69 %% 10.0
Bindal Exports Ltd 11.9 Cr. 25.8 25.8/18.228.3 22.10.00 %6.61 %2.96 % 10.0
Industry Average4,296.52 Cr1,491.3846.38135.440.22%12.29%14.34%7.13

All Competitor Stocks of Kitex Garments Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 2032542491426898146134164173190216276
Expenses 15419820811470104132115132139150161222
Operating Profit 49554227-2-614193335405554
OPM % 24%22%17%19%-2%-7%10%14%20%20%21%25%20%
Other Income 5141593172623338
Interest 0311201223234
Depreciation 5555555555544
Profit before tax 49605030-5510192830365055
Tax % 29%27%26%27%-19%45%24%29%47%34%27%27%27%
Net Profit 35443722-438131520273741
EPS in Rs 1.742.221.841.09-0.200.170.390.670.761.011.371.872.06

Last Updated: February 28, 2025, 6:51 pm

Below is a detailed analysis of the quarterly data for Kitex Garments Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹276.00 Cr.. The value appears strong and on an upward trend. It has increased from 216.00 Cr. (Sep 2024) to ₹276.00 Cr., marking an increase of ₹60.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹222.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 161.00 Cr. (Sep 2024) to ₹222.00 Cr., marking an increase of ₹61.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹54.00 Cr.. The value appears to be declining and may need further review. It has decreased from 55.00 Cr. (Sep 2024) to ₹54.00 Cr., marking a decrease of 1.00 Cr..
  • For OPM %, as of Dec 2024, the value is 20.00%. The value appears to be declining and may need further review. It has decreased from 25.00% (Sep 2024) to 20.00%, marking a decrease of 5.00%.
  • For Other Income, as of Dec 2024, the value is ₹8.00 Cr.. The value appears strong and on an upward trend. It has increased from 3.00 Cr. (Sep 2024) to ₹8.00 Cr., marking an increase of ₹5.00 Cr..
  • For Interest, as of Dec 2024, the value is ₹4.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.00 Cr. (Sep 2024) to ₹4.00 Cr., marking an increase of ₹1.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹4.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 4.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹55.00 Cr.. The value appears strong and on an upward trend. It has increased from 50.00 Cr. (Sep 2024) to ₹55.00 Cr., marking an increase of ₹5.00 Cr..
  • For Tax %, as of Dec 2024, the value is 27.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 27.00%.
  • For Net Profit, as of Dec 2024, the value is ₹41.00 Cr.. The value appears strong and on an upward trend. It has increased from 37.00 Cr. (Sep 2024) to ₹41.00 Cr., marking an increase of ₹4.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 2.06. The value appears strong and on an upward trend. It has increased from ₹1.87 (Sep 2024) to 2.06, marking an increase of ₹0.19.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:43 pm

MetricMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 511546546557607739455788557617856
Expenses 340357376423468607355618496516672
Operating Profit 17118917013413913210017161101184
OPM % 34%35%31%24%23%18%22%22%11%16%22%
Other Income 1320322239427441417
Interest 21169647344712
Depreciation 2121222327262321212118
Profit before tax 142171142107130138791737987172
Tax % 30%34%35%35%37%25%31%28%28%36%
Net Profit 99110836471103541255756124
EPS in Rs 4.945.504.183.193.585.182.726.272.882.826.31
Dividend Payout % 6%6%9%16%14%10%18%8%17%18%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)11.11%-24.55%-22.89%10.94%45.07%-47.57%131.48%-54.40%-1.75%
Change in YoY Net Profit Growth (%)0.00%-35.66%1.65%33.83%34.13%-92.64%179.05%-185.88%52.65%

Kitex Garments Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2015-2016 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:0%
3 Years:11%
TTM:58%
Compounded Profit Growth
10 Years:%
5 Years:-5%
3 Years:1%
TTM:217%
Stock Price CAGR
10 Years:2%
5 Years:36%
3 Years:25%
1 Year:131%
Return on Equity
10 Years:%
5 Years:11%
3 Years:10%
Last Year:6%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 9:31 pm

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 55577777777
Reserves 259360440492557635689806852898953
Borrowings 16111088909607325681878
Other Liabilities 110101102931049892108251339437
Total Liabilities 5355765556007588357879941,1341,9252,274
Fixed Assets 188173173172214234227243264244236
CWIP 011634402120122928861,103
Investments 02190000000
Other Assets 347400366385503581540739578795935
Total Assets 5355765556007588357879941,1341,9252,274

Below is a detailed analysis of the balance sheet data for Kitex Garments Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹7.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹7.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹953.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹898.00 Cr. (Mar 2024) to ₹953.00 Cr., marking an increase of 55.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹878.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹681.00 Cr. (Mar 2024) to ₹878.00 Cr., marking an increase of 197.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹437.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹339.00 Cr. (Mar 2024) to ₹437.00 Cr., marking an increase of 98.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹2,274.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹1,925.00 Cr. (Mar 2024) to ₹2,274.00 Cr., marking an increase of 349.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹236.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹244.00 Cr. (Mar 2024) to ₹236.00 Cr., marking a decrease of 8.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹1,103.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹886.00 Cr. (Mar 2024) to ₹1,103.00 Cr., marking an increase of 217.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹0.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹935.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹795.00 Cr. (Mar 2024) to ₹935.00 Cr., marking an increase of 140.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹2,274.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,925.00 Cr. (Mar 2024) to ₹2,274.00 Cr., marking an increase of 349.00 Cr..

Notably, the Reserves (₹953.00 Cr.) exceed the Borrowings (878.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +1281354529951116-10295-38
Cash from Investing Activity +-30-10-41-51-79-26-8-46-415-607
Cash from Financing Activity +2-78-120-1572-25-996057650
Net Cash Flow10147-116-3810104-624

Free Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow10.0079.00162.00126.0049.0036.00100.0098.0036.00-580.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days4564888199124142145133152
Inventory Days202276148191148252154161235
Days Payable34728572625477615879
Cash Conversion Cycle301579157228218317238237308
Working Capital Days243199138188184242211193253
ROCE %42%33%24%23%21%11%22%9%7%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Jan 2025
Promoters56.66%56.66%56.66%56.66%56.66%56.66%56.66%56.66%56.66%56.66%56.66%56.66%
FIIs1.02%0.74%0.71%0.69%0.68%0.66%0.84%0.97%0.82%0.74%1.10%0.97%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.40%0.60%
Public42.32%42.60%42.64%42.65%42.67%42.68%42.50%42.38%42.52%42.61%41.85%41.77%
No. of Shareholders59,54258,83957,82657,23056,30554,75252,65754,36153,48755,86368,46572,787

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 1.001.001.001.001.00
Basic EPS (Rs.) 8.478.5618.828.1615.54
Diluted EPS (Rs.) 8.478.5618.828.1615.54
Cash EPS (Rs.) 11.5111.7522.0411.6419.52
Book Value[Excl.RevalReserv]/Share (Rs.) 155.21146.88122.13104.6396.45
Book Value[Incl.RevalReserv]/Share (Rs.) 155.21146.88122.13104.6396.45
Revenue From Operations / Share (Rs.) 92.7783.76118.5568.48111.16
PBDIT / Share (Rs.) 17.2615.7829.7215.7325.77
PBIT / Share (Rs.) 14.1412.5926.5012.2521.79
PBT / Share (Rs.) 13.0411.9225.9511.8720.73
Net Profit / Share (Rs.) 8.408.5618.828.1615.54
NP After MI And SOA / Share (Rs.) 8.478.6518.828.1615.54
PBDIT Margin (%) 18.6018.8325.0722.9623.17
PBIT Margin (%) 15.2415.0322.3517.8919.60
PBT Margin (%) 14.0514.2221.8917.3318.65
Net Profit Margin (%) 9.0410.2115.8711.9113.98
NP After MI And SOA Margin (%) 9.1310.3315.8711.9113.98
Return on Networth / Equity (%) 6.226.7015.407.8016.11
Return on Capital Employeed (%) 5.338.0321.2011.3621.81
Return On Assets (%) 2.925.0712.596.8912.37
Long Term Debt / Equity (X) 0.660.000.000.000.00
Total Debt / Equity (X) 0.750.020.080.000.14
Asset Turnover Ratio (%) 0.400.520.860.540.90
Current Ratio (X) 3.595.054.187.423.25
Quick Ratio (X) 2.583.773.235.522.49
Inventory Turnover Ratio (X) 2.121.772.591.482.45
Dividend Payout Ratio (NP) (%) 17.7017.330.000.0019.29
Dividend Payout Ratio (CP) (%) 12.9412.660.000.0015.36
Earning Retention Ratio (%) 82.3082.670.000.0080.71
Cash Earning Retention Ratio (%) 87.0687.340.000.0084.64
Interest Coverage Ratio (X) 15.6523.4754.6240.9224.39
Interest Coverage Ratio (Post Tax) (X) 8.6113.7335.5822.2315.71
Enterprise Value (Cr.) 1953.80951.991597.38506.62562.40
EV / Net Operating Revenue (X) 3.171.712.031.110.76
EV / EBITDA (X) 17.029.078.084.843.28
MarketCap / Net Operating Revenue (X) 1.971.632.101.440.77
Retention Ratios (%) 82.2982.660.000.0080.70
Price / BV (X) 1.341.062.040.940.89
Price / Net Operating Revenue (X) 1.971.632.101.440.77
EarningsYield 0.040.060.070.080.18

After reviewing the key financial ratios for Kitex Garments Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 8.47. This value is within the healthy range. It has decreased from 8.56 (Mar 23) to 8.47, marking a decrease of 0.09.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 8.47. This value is within the healthy range. It has decreased from 8.56 (Mar 23) to 8.47, marking a decrease of 0.09.
  • For Cash EPS (Rs.), as of Mar 24, the value is 11.51. This value is within the healthy range. It has decreased from 11.75 (Mar 23) to 11.51, marking a decrease of 0.24.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 155.21. It has increased from 146.88 (Mar 23) to 155.21, marking an increase of 8.33.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 155.21. It has increased from 146.88 (Mar 23) to 155.21, marking an increase of 8.33.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 92.77. It has increased from 83.76 (Mar 23) to 92.77, marking an increase of 9.01.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 17.26. This value is within the healthy range. It has increased from 15.78 (Mar 23) to 17.26, marking an increase of 1.48.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 14.14. This value is within the healthy range. It has increased from 12.59 (Mar 23) to 14.14, marking an increase of 1.55.
  • For PBT / Share (Rs.), as of Mar 24, the value is 13.04. This value is within the healthy range. It has increased from 11.92 (Mar 23) to 13.04, marking an increase of 1.12.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 8.40. This value is within the healthy range. It has decreased from 8.56 (Mar 23) to 8.40, marking a decrease of 0.16.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 8.47. This value is within the healthy range. It has decreased from 8.65 (Mar 23) to 8.47, marking a decrease of 0.18.
  • For PBDIT Margin (%), as of Mar 24, the value is 18.60. This value is within the healthy range. It has decreased from 18.83 (Mar 23) to 18.60, marking a decrease of 0.23.
  • For PBIT Margin (%), as of Mar 24, the value is 15.24. This value is within the healthy range. It has increased from 15.03 (Mar 23) to 15.24, marking an increase of 0.21.
  • For PBT Margin (%), as of Mar 24, the value is 14.05. This value is within the healthy range. It has decreased from 14.22 (Mar 23) to 14.05, marking a decrease of 0.17.
  • For Net Profit Margin (%), as of Mar 24, the value is 9.04. This value is within the healthy range. It has decreased from 10.21 (Mar 23) to 9.04, marking a decrease of 1.17.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 9.13. This value is within the healthy range. It has decreased from 10.33 (Mar 23) to 9.13, marking a decrease of 1.20.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 6.22. This value is below the healthy minimum of 15. It has decreased from 6.70 (Mar 23) to 6.22, marking a decrease of 0.48.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 5.33. This value is below the healthy minimum of 10. It has decreased from 8.03 (Mar 23) to 5.33, marking a decrease of 2.70.
  • For Return On Assets (%), as of Mar 24, the value is 2.92. This value is below the healthy minimum of 5. It has decreased from 5.07 (Mar 23) to 2.92, marking a decrease of 2.15.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.66. This value is within the healthy range. It has increased from 0.00 (Mar 23) to 0.66, marking an increase of 0.66.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.75. This value is within the healthy range. It has increased from 0.02 (Mar 23) to 0.75, marking an increase of 0.73.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 0.40. It has decreased from 0.52 (Mar 23) to 0.40, marking a decrease of 0.12.
  • For Current Ratio (X), as of Mar 24, the value is 3.59. This value exceeds the healthy maximum of 3. It has decreased from 5.05 (Mar 23) to 3.59, marking a decrease of 1.46.
  • For Quick Ratio (X), as of Mar 24, the value is 2.58. This value exceeds the healthy maximum of 2. It has decreased from 3.77 (Mar 23) to 2.58, marking a decrease of 1.19.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.12. This value is below the healthy minimum of 4. It has increased from 1.77 (Mar 23) to 2.12, marking an increase of 0.35.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 17.70. This value is below the healthy minimum of 20. It has increased from 17.33 (Mar 23) to 17.70, marking an increase of 0.37.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 12.94. This value is below the healthy minimum of 20. It has increased from 12.66 (Mar 23) to 12.94, marking an increase of 0.28.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 82.30. This value exceeds the healthy maximum of 70. It has decreased from 82.67 (Mar 23) to 82.30, marking a decrease of 0.37.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 87.06. This value exceeds the healthy maximum of 70. It has decreased from 87.34 (Mar 23) to 87.06, marking a decrease of 0.28.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 15.65. This value is within the healthy range. It has decreased from 23.47 (Mar 23) to 15.65, marking a decrease of 7.82.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 8.61. This value is within the healthy range. It has decreased from 13.73 (Mar 23) to 8.61, marking a decrease of 5.12.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 1,953.80. It has increased from 951.99 (Mar 23) to 1,953.80, marking an increase of 1,001.81.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 3.17. This value exceeds the healthy maximum of 3. It has increased from 1.71 (Mar 23) to 3.17, marking an increase of 1.46.
  • For EV / EBITDA (X), as of Mar 24, the value is 17.02. This value exceeds the healthy maximum of 15. It has increased from 9.07 (Mar 23) to 17.02, marking an increase of 7.95.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.97. This value is within the healthy range. It has increased from 1.63 (Mar 23) to 1.97, marking an increase of 0.34.
  • For Retention Ratios (%), as of Mar 24, the value is 82.29. This value exceeds the healthy maximum of 70. It has decreased from 82.66 (Mar 23) to 82.29, marking a decrease of 0.37.
  • For Price / BV (X), as of Mar 24, the value is 1.34. This value is within the healthy range. It has increased from 1.06 (Mar 23) to 1.34, marking an increase of 0.28.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.97. This value is within the healthy range. It has increased from 1.63 (Mar 23) to 1.97, marking an increase of 0.34.
  • For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.06 (Mar 23) to 0.04, marking a decrease of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Kitex Garments Ltd as of March 12, 2025 is: ₹67.42

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, Kitex Garments Ltd is Overvalued by 60.57% compared to the current share price 171.00

Intrinsic Value of Kitex Garments Ltd as of March 12, 2025 is: 79.78

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, Kitex Garments Ltd is Overvalued by 53.35% compared to the current share price 171.00

Last 5 Year EPS CAGR: 18.33%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 19.20%, which is a positive sign.
  2. The company has higher reserves (631.00 cr) compared to borrowings (193.64 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (616.27 cr) and profit (129.09 cr) over the years.
  1. The stock has a high average Working Capital Days of 156.30, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 182.70, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Kitex Garments Ltd:
    1. Net Profit Margin: 9.04%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 5.33% (Industry Average ROCE: 12.29%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 6.22% (Industry Average ROE: 14.34%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 8.61
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 2.58
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 27.6 (Industry average Stock P/E: 46.38)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.75
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Kitex Garments Ltd. is a Public Limited Listed company incorporated on 29/05/1992 and has its registered office in the State of Kerala, India. Company's Corporate Identification Number(CIN) is L18101KL1992PLC006528 and registration number is 006528. Currently Company is involved in the business activities of Manufacture of other knitted and crocheted fabrics. Company's Total Operating Revenue is Rs. 616.92 Cr. and Equity Capital is Rs. 6.65 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Textiles - Readymade ApparelsBuilding No VI/496, Kizhakkambalam, Vilangu P.O, Ernakulam Kerala 683561sect@kitexgarments.com
http://www.kitexgarments.com
Management
NamePosition Held
Mr. Sabu M JacobChairman & Managing Director
Mrs. Sindhu ChandrasekharExecutive Director
Mr. K L V NarayananNon Executive Director
Mrs. Sumi FrancisIndependent Director
CA. Benni JosephIndependent Director
Mr. C P PhiliposeIndependent Director

FAQ

What is the latest intrinsic value of Kitex Garments Ltd?

The latest intrinsic value of Kitex Garments Ltd as on 09 March 2025 is ₹67.42, which is 60.57% lower than the current market price of 171.00, indicating the stock is overvalued by 60.57%. The intrinsic value of Kitex Garments Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹3,420 Cr. and recorded a high/low of ₹300/58.9 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹953 Cr and total liabilities of ₹2,274 Cr.

What is the Market Cap of Kitex Garments Ltd?

The Market Cap of Kitex Garments Ltd is 3,420 Cr..

What is the current Stock Price of Kitex Garments Ltd as on 09 March 2025?

The current stock price of Kitex Garments Ltd as on 09 March 2025 is ₹171.

What is the High / Low of Kitex Garments Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Kitex Garments Ltd stocks is ₹300/58.9.

What is the Stock P/E of Kitex Garments Ltd?

The Stock P/E of Kitex Garments Ltd is 27.6.

What is the Book Value of Kitex Garments Ltd?

The Book Value of Kitex Garments Ltd is 48.1.

What is the Dividend Yield of Kitex Garments Ltd?

The Dividend Yield of Kitex Garments Ltd is 0.29 %.

What is the ROCE of Kitex Garments Ltd?

The ROCE of Kitex Garments Ltd is 6.92 %.

What is the ROE of Kitex Garments Ltd?

The ROE of Kitex Garments Ltd is 6.33 %.

What is the Face Value of Kitex Garments Ltd?

The Face Value of Kitex Garments Ltd is 1.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Kitex Garments Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE