Kitex Garments share price & results
- Jun 2026
- Sept 2026
World's second-largest infant apparel manufacturer, vertically integrated from yarn to finished garments.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 158 | −19.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 6.0 | −11.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -17.0 | −189.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | -2.46 | −17.5 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 2.70 | +48.6 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | -36.50 | −91.5 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −49.3% 1Y
1Y: ₹222.11 on 24 Oct 2025 → ₹112.57. High ₹222.82 (20 Nov 2025), low ₹110.56 (26 Oct 2026).
- Previous close
- ₹110.56
- Market cap
- ₹2.2k Cr
- 52-week range
- ₹110.56 – ₹222.82
- One year
- −46.06%
- Return on equity (TTM to Jun 2026)
- -2.46%
Overview
- Symbol
- NSE:KITEX
- Sector
- Textiles
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What Kitex Garments Limited does
Based on the company's own presentations, annual report and earnings calls.
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)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −189% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 216 | 276 | 300 | 197 | 122 | 182 | 166 | 158 |
| Expenses | 161 | 222 | 249 | 162 | 138 | 174 | 164 | 148 |
| Operating profit | 55 | 54 | 51 | 34 | -16 | 8 | 2 | 10 |
| Operating margin | 25.0% | 20.0% | 17.0% | 17.0% | −13.0% | 4.7% | 1.0% | 6.0% |
| Other income | 3 | 8 | 5 | 1 | 30 | 5 | 34 | 8 |
| Interest | 3 | 4 | 5 | 4 | 8 | 13 | 21 | 14 |
| Depreciation | 4 | 4 | 3 | 3 | 8 | 13 | 20 | 18 |
| Profit before tax | 50 | 55 | 48 | 28 | -2 | -12 | -5 | -13 |
| Tax rate | 27.0% | 27.0% | 33.0% | 32.0% | 171.0% | 37.0% | 81.0% | 28.0% |
| Net profit | 37 | 41 | 32 | 19 | -6 | -17 | -9 | -17 |
| EPS (₹ per share) | 1.87 | 2.06 | 1.66 | 1.04 | -0.08 | -0.47 | -0.20 | -0.45 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 556 | 617 | 982 | 667 |
| Expenses | 497 | 518 | 782 | 638 |
| Operating profit | 61 | 101 | 200 | 28 |
| Other income | 44 | 13 | 19 | 70 |
| Interest | 4 | 8 | 14 | 46 |
| Depreciation | 21 | 20 | 16 | 44 |
| Profit before tax | 80 | 87 | 189 | 9 |
| Net profit | 58 | 56 | 137 | -13 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 7 | 7 | 7 | 20 | 20 | 20 |
| Reserves | 806 | 852 | 898 | 1,013 | 1,022 | 1,010 |
| Borrowings | 73 | 25 | 681 | 1,082 | 1,184 | 1,199 |
| Other liabilities | 108 | 251 | 339 | 471 | 516 | 813 |
| Total liabilities | 994 | 1,134 | 1,925 | 2,587 | 2,742 | 3,042 |
| Fixed assets | 243 | 264 | 244 | 232 | 635 | 1,142 |
| Capital work in progress | 12 | 292 | 886 | 1,391 | 1,283 | 946 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 739 | 578 | 795 | 964 | 824 | 954 |
| Total assets | 994 | 1,134 | 1,925 | 2,587 | 2,742 | 3,042 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 116 | -10 | 295 | -38 | 54 | 346 |
| Cash from investing | -8 | -46 | -415 | -607 | -455 | -334 |
| Cash from financing | -99 | 60 | 57 | 650 | 390 | 64 |
| Net cash flow | 10 | 4 | -62 | 4 | -10 | 75 |
| Free cash flow | 107 | -37 | -121 | -655 | -451 | 18 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 142 | 145 | 133 | 152 | 126 | 68 |
| Inventory days | 252 | 154 | 161 | 235 | 165 | 165 |
| Days payable | 77 | 61 | 58 | 79 | 67 | 61 |
| Cash conversion cycle | 317 | 238 | 237 | 308 | 224 | 173 |
| Working capital days | 242 | 177 | 176 | 207 | 137 | 12 |
| Return on capital employed | 11.0% | 22.0% | 9.0% | 7.0% | 10.0% | 2.0% |
| Dividend payout | 18.0% | 8.0% | 17.0% | 18.0% | 7.0% | 169.0% |
Ownership
Who owns it
Promoters hold 56.66% as of Sept 2026; institutions cut 0.35 pts since Jun 2026.
- Promoters 56.66%
- Foreign institutions 0.86%
- Domestic institutions 0.12%
- Public 42.35%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- +0.34 pp 7.23% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Kitex Garments Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 34.18% | unchanged | |
| 15.92% | unchanged | |
| 7.23% | +0.34 pp | |
| 6.51% | unchanged | |
| 1.57% | unchanged | |
| 0.05% | unchanged |
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.
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