KITEX

Kitex Garments share price & financials

Price
₹150.52
Market cap
₹2.5k Cr
Sector
Textiles

What Kitex Garments Limited does

Kitex Garments manufactures infant and children's apparel for leading international brands, running a vertically integrated operation from yarn processing to finished garments at its Kerala facility. It operates as a fully export-oriented unit, with the bulk of output shipped to customers in the USA and Europe. The company is adding capacity through new integrated manufacturing parks (Kitex Apparel Parks) in Warangal and Hyderabad, Telangana, and has diversified into adult wear, polyester products and fleece fabrics alongside its core infantwear. It also sells its own brand, Little Star, in the US and Canada and has now launched it in India through e-commerce and retail channels.

Segments

  • Infant & children's apparel manufacturing (export)
  • Kitex Apparel Parks (Telangana expansion)
  • Little Star brand (India)
Global market position
World's second-largest infant apparel manufacturer
Manufacturing area
3,50,000 sq ft
Garment production capacity
4,32,000 pieces per day
Textile (fabric) processing capacity
50 tonnes per day
Workforce (staff + workers)
5,258 (610 staff + 4,648 workers)
Manufacturing locations
Kizhakkambalam, Kerala (HQ) and Warangal, Telangana (Kitex Apparel Parks Phase I, operational since April 2025)
Founded 1992Headquarters Kizhakkambalam, Kerala, IndiaEmployees 5,258 (FY2024-25) Company website

Quarterly results

Q1 FY27: revenue down 19.8%, net profit down 189.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue216 276 300 197 122 −44%182 −34%166 −45%158 −20%
EBITDA55 54 51 34 -16 −129%8 −85%2 −96%10 −71%
Net profit37 41 32 19 -6 −116%-17 −141%-9 −128%-17 −189%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −36.7% 1Y

₹120₹140₹160₹180₹200₹220Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹195.63 on 10 Sept 2025 → ₹123.87. High ₹222.82 (20 Nov 2025), low ₹123.64 (3 Sept 2026).

Financials, as filed

Revenue grew 6.2% a year over 3 years, FY23 to FY26. Operating margin narrowed to 4.2%.

Year endingFY23FY24FY25FY26
Revenue₹556 Cr₹617 Cr₹982 Cr₹667 Cr
Operating profit₹61 Cr₹101 Cr₹200 Cr₹28 Cr
Operating margin10.9%16.4%20.4%4.2%
Interest₹4 Cr₹8 Cr₹14 Cr₹46 Cr
Depreciation₹21 Cr₹20 Cr₹16 Cr₹44 Cr
Net profit₹58 Cr₹56 Cr₹137 Cr₹-13 Cr
Net margin10.3%9.1%14.0%-1.9%
Cash from operations₹295 Cr₹-38 Cr₹54 Cr₹346 Cr
Free cash flow₹-121 Cr₹-655 Cr₹-451 Cr₹18 Cr
ROCE9.0%7.0%10.0%2.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹7 Cr₹7 Cr₹7 Cr₹7 Cr₹20 Cr₹20 Cr
Reserves₹689 Cr₹806 Cr₹852 Cr₹898 Cr₹1.0k Cr₹1.0k Cr
Borrowings₹0 Cr₹73 Cr₹25 Cr₹681 Cr₹1.2k Cr₹1.2k Cr
Other liabilities₹92 Cr₹108 Cr₹251 Cr₹339 Cr₹516 Cr₹813 Cr
Total liabilities₹787 Cr₹994 Cr₹1.1k Cr₹1.9k Cr₹2.7k Cr₹3.0k Cr
Fixed assets₹227 Cr₹243 Cr₹264 Cr₹244 Cr₹635 Cr₹1.1k Cr
Capital work in progress₹20 Cr₹12 Cr₹292 Cr₹886 Cr₹1.3k Cr₹946 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹540 Cr₹739 Cr₹578 Cr₹795 Cr₹824 Cr₹954 Cr
Total assets₹787 Cr₹994 Cr₹1.1k Cr₹1.9k Cr₹2.7k Cr₹3.0k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs trimmed −0.78 pp while the public added +0.50 pp. The shareholder count grew 18% to 99,677.

Promoters
56.7%
FIIs
1.2%
DIIs
0.1%
Public
42.0%

Since Jun 2025

  • DIIs −0.78 pp
  • Public +0.50 pp
  • FIIs +0.28 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 56.7%, FIIs 0.7%, Public 42.7%.Dec '23: Promoters 56.7%, FIIs 0.8%, Public 42.5%.Mar '24: Promoters 56.7%, FIIs 1.0%, Public 42.4%.Jun '24: Promoters 56.7%, FIIs 0.8%, Public 42.5%.Sep '24: Promoters 56.7%, FIIs 0.7%, Public 42.6%.Dec '24: Promoters 56.7%, FIIs 1.1%, DIIs 0.4%, Public 41.9%.Mar '25: Promoters 56.7%, FIIs 0.9%, DIIs 0.9%, Public 41.6%.Jun '25: Promoters 56.7%, FIIs 0.9%, DIIs 0.9%, Public 41.5%.Sep '25: Promoters 56.7%, FIIs 1.2%, DIIs 0.3%, Public 41.8%.Dec '25: Promoters 56.7%, FIIs 0.9%, DIIs 0.2%, Public 42.3%.Mar '26: Promoters 56.7%, FIIs 0.9%, DIIs 0.1%, Public 42.3%.Jun '26: Promoters 56.7%, FIIs 1.2%, DIIs 0.1%, Public 42.0%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Kitex Garments Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Sabu M Jacob 34.18%unchanged
Kitex Childrenswear Limited 15.92%unchanged
Jineesh Nath C K 6.89%+2.92 pp
Renjitha Joseph 6.51%unchanged
Usha Changaramkandath Padmanabhan 1.57%−0.05 pp
Boby M Jacob 0.05%unchanged
C K G Super Market Limited —off the list

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Kitex Garments Limited

Guides on how to read this kind of business and the numbers that matter.