Kitex Garments Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 3, 2025, 12:15 am

Market Cap	5,786 Cr.
Current Price	290
High / Low	324/58.9
Stock P/E	42.6
Book Value	51.8
Dividend Yield	0.17 %
ROCE	10.2 %
ROE	14.0 %
Face Value	1.00
PEG Ratio	2.32

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

Stock P/E Current Price Intrinsic Value

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	10.4 Cr.	9.04	9.36/3.87	94.9	12.2	0.00 %	0.78 %	0.78 %	10.0
Haria Apparels Ltd	8.35 Cr.	5.46	6.80/4.35	9.94	4.01	0.00 %	15.3 %	14.7 %	10.0
Garment Mantra Lifestyle Ltd	109 Cr.	1.84	2.98/1.05	38.0	0.68	0.00 %	7.42 %	7.39 %	1.00
Cityman Ltd	25.8 Cr.	22.0	27.7/18.5		5.61	0.00 %	4.18 %	%	10.0
Bindal Exports Ltd	12.9 Cr.	28.1	28.1/21.5	51.7	19.4	0.00 %	6.53 %	2.65 %	10.0
Industry Average	4,581.36 Cr	1,691.71		56.43	140.26	0.22%	12.55%	16.17%	7.13

All Competitor Stocks of Kitex Garments Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	254	249	142	68	98	146	134	164	173	190	216	276	300
Expenses	198	208	114	70	104	132	115	132	139	150	161	222	249
Operating Profit	55	42	27	-2	-6	14	19	33	35	40	55	54	51
OPM %	22%	17%	19%	-2%	-7%	10%	14%	20%	20%	21%	25%	20%	17%
Other Income	14	15	9	3	17	2	6	2	3	3	3	8	5
Interest	3	1	1	2	0	1	2	2	3	2	3	4	5
Depreciation	5	5	5	5	5	5	5	5	5	5	4	4	3
Profit before tax	60	50	30	-5	5	10	19	28	30	36	50	55	48
Tax %	27%	26%	27%	-19%	45%	24%	29%	47%	34%	27%	27%	27%	33%
Net Profit	44	37	22	-4	3	8	13	15	20	27	37	41	32
EPS in Rs	2.22	1.84	1.09	-0.20	0.17	0.39	0.67	0.76	1.01	1.37	1.87	2.06	1.66

Last Updated: May 31, 2025, 8:39 am

Below is a detailed analysis of the quarterly data for Kitex Garments Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 300.00 Cr.. The value appears strong and on an upward trend. It has increased from 276.00 Cr. (Dec 2024) to 300.00 Cr., marking an increase of 24.00 Cr..
For Expenses, as of Mar 2025, the value is 249.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 222.00 Cr. (Dec 2024) to 249.00 Cr., marking an increase of 27.00 Cr..
For Operating Profit, as of Mar 2025, the value is 51.00 Cr.. The value appears to be declining and may need further review. It has decreased from 54.00 Cr. (Dec 2024) to 51.00 Cr., marking a decrease of 3.00 Cr..
For OPM %, as of Mar 2025, the value is 17.00%. The value appears to be declining and may need further review. It has decreased from 20.00% (Dec 2024) to 17.00%, marking a decrease of 3.00%.
For Other Income, as of Mar 2025, the value is 5.00 Cr.. The value appears to be declining and may need further review. It has decreased from 8.00 Cr. (Dec 2024) to 5.00 Cr., marking a decrease of 3.00 Cr..
For Interest, as of Mar 2025, the value is 5.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.00 Cr. (Dec 2024) to 5.00 Cr., marking an increase of 1.00 Cr..
For Depreciation, as of Mar 2025, the value is 3.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4.00 Cr. (Dec 2024) to 3.00 Cr., marking a decrease of 1.00 Cr..
For Profit before tax, as of Mar 2025, the value is 48.00 Cr.. The value appears to be declining and may need further review. It has decreased from 55.00 Cr. (Dec 2024) to 48.00 Cr., marking a decrease of 7.00 Cr..
For Tax %, as of Mar 2025, the value is 33.00%. The value appears to be increasing, which may not be favorable. It has increased from 27.00% (Dec 2024) to 33.00%, marking an increase of 6.00%.
For Net Profit, as of Mar 2025, the value is 32.00 Cr.. The value appears to be declining and may need further review. It has decreased from 41.00 Cr. (Dec 2024) to 32.00 Cr., marking a decrease of 9.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 1.66. The value appears to be declining and may need further review. It has decreased from 2.06 (Dec 2024) to 1.66, marking a decrease of 0.40.

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

Metric	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	511	546	546	557	607	739	455	788	557	617	856
Expenses	340	357	376	423	468	607	355	618	496	516	672
Operating Profit	171	189	170	134	139	132	100	171	61	101	184
OPM %	34%	35%	31%	24%	23%	18%	22%	22%	11%	16%	22%
Other Income	13	20	3	2	22	39	4	27	44	14	17
Interest	21	16	9	6	4	7	3	4	4	7	12
Depreciation	21	21	22	23	27	26	23	21	21	21	18
Profit before tax	142	171	142	107	130	138	79	173	79	87	172
Tax %	30%	34%	35%	35%	37%	25%	31%	28%	28%	36%
Net Profit	99	110	83	64	71	103	54	125	57	56	124
EPS in Rs	4.94	5.50	4.18	3.19	3.58	5.18	2.72	6.27	2.88	2.82	6.31
Dividend Payout %	6%	6%	9%	16%	14%	10%	18%	8%	17%	18%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
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:	7%
5 Years:	6%
3 Years:	8%
TTM:	59%

Compounded Profit Growth
10 Years:	3%
5 Years:	6%
3 Years:	3%
TTM:	143%

Stock Price CAGR
10 Years:	3%
5 Years:	54%
3 Years:	50%
1 Year:	334%

Return on Equity
10 Years:	13%
5 Years:	10%
3 Years:	9%
Last Year:	14%

Last Updated: Unknown

Balance Sheet

Last Updated: May 13, 2025, 3:13 pm

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	5	5	5	7	7	7	7	7	7	7	7
Reserves	259	360	440	492	557	635	689	806	852	898	953
Borrowings	161	110	8	8	90	96	-0	73	25	681	878
Other Liabilities	110	101	102	93	104	98	92	108	251	339	437
Total Liabilities	535	576	555	600	758	835	787	994	1,134	1,925	2,274
Fixed Assets	188	173	173	172	214	234	227	243	264	244	236
CWIP	0	1	16	34	40	21	20	12	292	886	1,103
Investments	-0	2	1	9	0	0	0	0	0	0	0
Other Assets	347	400	366	385	503	581	540	739	578	795	935
Total Assets	535	576	555	600	758	835	787	994	1,134	1,925	2,274

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

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	128	135	45	29	9	51	116	-10	295	-38
Cash from Investing Activity +	-30	-10	-41	-51	-79	-26	-8	-46	-415	-607
Cash from Financing Activity +	2	-78	-120	-15	72	-25	-99	60	57	650
Net Cash Flow	101	47	-116	-38	1	0	10	4	-62	4

Free Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	10.00	79.00	162.00	126.00	49.00	36.00	100.00	98.00	36.00	-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

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	45	64	88	81	99	124	142	145	133	152
Inventory Days	20	22	76	148	191	148	252	154	161	235
Days Payable	34	72	85	72	62	54	77	61	58	79
Cash Conversion Cycle	30	15	79	157	228	218	317	238	237	308
Working Capital Days	24	31	99	138	188	184	242	211	193	253
ROCE %		42%	33%	24%	23%	21%	11%	22%	9%	7%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Jan 2025
Promoters	56.66%	56.66%	56.66%	56.66%	56.66%	56.66%	56.66%	56.66%	56.66%	56.66%	56.66%	56.66%
FIIs	1.02%	0.74%	0.71%	0.69%	0.68%	0.66%	0.84%	0.97%	0.82%	0.74%	1.10%	0.97%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.40%	0.60%
Public	42.32%	42.60%	42.64%	42.65%	42.67%	42.68%	42.50%	42.38%	42.52%	42.61%	41.85%	41.77%
No. of Shareholders	59,542	58,839	57,826	57,230	56,305	54,752	52,657	54,361	53,487	55,863	68,465	72,787

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	8.47	8.56	18.82	8.16	15.54
Diluted EPS (Rs.)	8.47	8.56	18.82	8.16	15.54
Cash EPS (Rs.)	11.51	11.75	22.04	11.64	19.52
Book Value[Excl.RevalReserv]/Share (Rs.)	155.21	146.88	122.13	104.63	96.45
Book Value[Incl.RevalReserv]/Share (Rs.)	155.21	146.88	122.13	104.63	96.45
Revenue From Operations / Share (Rs.)	92.77	83.76	118.55	68.48	111.16
PBDIT / Share (Rs.)	17.26	15.78	29.72	15.73	25.77
PBIT / Share (Rs.)	14.14	12.59	26.50	12.25	21.79
PBT / Share (Rs.)	13.04	11.92	25.95	11.87	20.73
Net Profit / Share (Rs.)	8.40	8.56	18.82	8.16	15.54
NP After MI And SOA / Share (Rs.)	8.47	8.65	18.82	8.16	15.54
PBDIT Margin (%)	18.60	18.83	25.07	22.96	23.17
PBIT Margin (%)	15.24	15.03	22.35	17.89	19.60
PBT Margin (%)	14.05	14.22	21.89	17.33	18.65
Net Profit Margin (%)	9.04	10.21	15.87	11.91	13.98
NP After MI And SOA Margin (%)	9.13	10.33	15.87	11.91	13.98
Return on Networth / Equity (%)	6.22	6.70	15.40	7.80	16.11
Return on Capital Employeed (%)	5.33	8.03	21.20	11.36	21.81
Return On Assets (%)	2.92	5.07	12.59	6.89	12.37
Long Term Debt / Equity (X)	0.66	0.00	0.00	0.00	0.00
Total Debt / Equity (X)	0.75	0.02	0.08	0.00	0.14
Asset Turnover Ratio (%)	0.40	0.52	0.86	0.54	0.90
Current Ratio (X)	3.59	5.05	4.18	7.42	3.25
Quick Ratio (X)	2.58	3.77	3.23	5.52	2.49
Inventory Turnover Ratio (X)	2.12	1.77	2.59	1.48	2.45
Dividend Payout Ratio (NP) (%)	17.70	17.33	0.00	0.00	19.29
Dividend Payout Ratio (CP) (%)	12.94	12.66	0.00	0.00	15.36
Earning Retention Ratio (%)	82.30	82.67	0.00	0.00	80.71
Cash Earning Retention Ratio (%)	87.06	87.34	0.00	0.00	84.64
Interest Coverage Ratio (X)	15.65	23.47	54.62	40.92	24.39
Interest Coverage Ratio (Post Tax) (X)	8.61	13.73	35.58	22.23	15.71
Enterprise Value (Cr.)	1953.80	951.99	1597.38	506.62	562.40
EV / Net Operating Revenue (X)	3.17	1.71	2.03	1.11	0.76
EV / EBITDA (X)	17.02	9.07	8.08	4.84	3.28
MarketCap / Net Operating Revenue (X)	1.97	1.63	2.10	1.44	0.77
Retention Ratios (%)	82.29	82.66	0.00	0.00	80.70
Price / BV (X)	1.34	1.06	2.04	0.94	0.89
Price / Net Operating Revenue (X)	1.97	1.63	2.10	1.44	0.77
EarningsYield	0.04	0.06	0.07	0.08	0.18

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 June 2, 2025 is: 247.57

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 June 2, 2025, Kitex Garments Ltd is Overvalued by 14.63% compared to the current share price 290.00

Intrinsic Value of Kitex Garments Ltd as of June 2, 2025 is: 292.95

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 June 2, 2025, Kitex Garments Ltd is Undervalued by 1.02% compared to the current share price 290.00

Last 5 Year EPS CAGR: 18.33%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 19.20%, which is a positive sign. The company has higher reserves (631.00 cr) compared to borrowings (193.64 cr), indicating strong financial stability. The company has shown consistent growth in sales (616.27 cr) and profit (129.09 cr) over the years.	The stock has a high average Working Capital Days of 156.30, which may not be favorable. 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: 12.55%)
  - 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: 15.16%)
  - 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: 42.6 (Industry average Stock P/E: 44.09)
  - 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.

INDUSTRY	ADDRESS	CONTACT
Textiles - Readymade Apparels	Building No VI/496, Kizhakkambalam, Vilangu P.O, Ernakulam Kerala 683561	sect@kitexgarments.com http://www.kitexgarments.com

Management
Name	Position Held
Mr. Sabu M Jacob	Chairman & Managing Director
Mrs. Sindhu Chandrasekhar	Executive Director
Mr. K L V Narayanan	Non Executive Director
Mrs. Sumi Francis	Independent Director
CA. Benni Joseph	Independent Director
Mr. C P Philipose	Independent Director

FAQ

What is the intrinsic value of Kitex Garments Ltd?

Kitex Garments Ltd's intrinsic value (as of 02 June 2025) is ₹247.57 — 14.63% lower the current market price of 290.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 5,786 Cr. market cap, FY2025-2026 high/low of ₹324/58.9, reserves of 953 Cr, and liabilities of 2,274 Cr.

What is the Market Cap of Kitex Garments Ltd?

The Market Cap of Kitex Garments Ltd is 5,786 Cr..

What is the current Stock Price of Kitex Garments Ltd as on 02 June 2025?

The current stock price of Kitex Garments Ltd as on 02 June 2025 is 290.

What is the High / Low of Kitex Garments Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Kitex Garments Ltd stocks is ₹324/58.9.

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

The Stock P/E of Kitex Garments Ltd is 42.6.

What is the Book Value of Kitex Garments Ltd?

The Book Value of Kitex Garments Ltd is 51.8.

What is the Dividend Yield of Kitex Garments Ltd?

The Dividend Yield of Kitex Garments Ltd is 0.17 %.

What is the ROCE of Kitex Garments Ltd?

The ROCE of Kitex Garments Ltd is 10.2 %.

What is the ROE of Kitex Garments Ltd?

The ROE of Kitex Garments Ltd is 14.0 %.

What is the Face Value of Kitex Garments Ltd?

The Face Value of Kitex Garments Ltd is 1.00.