KITEX GARMENTS LTD.

Company Profile

KITEX GARMENTS LTD. had its IPO on under the ticker symbol KITEX.

The company operates in the Consumer Cyclical sector and Apparel Manufacturing industry. KITEX GARMENTS LTD. has a staff strength of 0 employees.

Stock update

Shares of KITEX GARMENTS LTD. opened at ₹204.1 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹190.5 - ₹204.15, and closed at ₹191.5.

This is a -5.01% slip from the previous day's closing price.

A total volume of 10,357 shares were traded at the close of the day’s session.

In the last one week, shares of KITEX GARMENTS LTD. have slipped by -5.78%.

KITEX GARMENTS LTD.'s Key Ratios

KITEX GARMENTS LTD. has a market cap of ₹12.90 billion, indicating a price to book ratio of 1.4664 and a price to sales ratio of 1.6123.

In the last 12-months KITEX GARMENTS LTD.’s revenue was ₹5.57 billion with a gross profit of ₹2.92 billion and an EBITDA of ₹608.80 million. The EBITDA ratio measures KITEX GARMENTS LTD.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, KITEX GARMENTS LTD.’s operating margin was 7.12% while its return on assets stood at 2.33% with a return of equity of 6.36%.

In Q1, KITEX GARMENTS LTD.’s quarterly earnings growth was a negative -92.6% while revenue growth was a negative 61.5%.

KITEX GARMENTS LTD.’s PE and PEG Ratio

Forward PE

0

Trailing PE

22.6387

PEG

Its diluted EPS in the last 12-months stands at ₹8.47 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into KITEX GARMENTS LTD.’s profitability.

KITEX GARMENTS LTD. stock is trading at a EV to sales ratio of 1.3828 and a EV to EBITDA ratio of 5.1793. Its price to sales ratio in the trailing 12-months stood at 1.6123.

KITEX GARMENTS LTD. stock pays annual dividends of ₹1.5 per share, indicating a yield of 0.78% and a payout ratio of 18.42%.

Balance sheet and cash flow metrics

Total Assets

₹11.34 billion

Total Liabilities

₹914.24 million

Operating Cash Flow

₹-4139073000.00

Capital Expenditure

₹4.16 billion

Dividend Payout Ratio

18.42%

KITEX GARMENTS LTD. ended 2024 with ₹11.34 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹11.34 billion while shareholder equity stood at ₹8.58 billion.

KITEX GARMENTS LTD. ended 2024 with ₹0 in deferred long-term liabilities, ₹914.24 million in other current liabilities, 66500000.00 in common stock, ₹8.52 billion in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹455.23 million and cash and short-term investments were ₹1.07 billion. The company’s total short-term debt was ₹250,000,000 while long-term debt stood at ₹0.

KITEX GARMENTS LTD.’s total current assets stands at ₹4.61 billion while long-term investments were ₹0 and short-term investments were ₹614.23 million. Its net receivables were ₹2.03 billion compared to accounts payable of ₹417.99 million and inventory worth ₹1.17 billion.

In 2024, KITEX GARMENTS LTD.'s operating cash flow was ₹-4139073000.00 while its capital expenditure stood at ₹4.16 billion.

Comparatively, KITEX GARMENTS LTD. paid ₹0.18 in dividends in 2024.

Other key metrics

Current Trading Price

₹191.5

52-Week High

₹254.7935

52-Week Low

₹135.5

Analyst Target Price

₹

KITEX GARMENTS LTD. stock is currently trading at ₹191.5 per share. It touched a 52-week high of ₹254.7935 and a 52-week low of ₹254.7935. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹192.15 and 200-day moving average was ₹174.54 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 6961.5% of the company’s stock are held by insiders while 64.1% are held by institutions.