Kewal Kiran Clothing Ltd
Kewal Kiran Clothing Limited was incorporated in 1992. The Company is engaged in manufacturing, marketing and retailing of branded readymade garments and finished accessories. The company has consumers in Asia, Middle East and CIS (Commonwealth of Independent States). Its registered office is in Mumbai. [1][2]
- Market Cap ₹ 3,162 Cr.
- Current Price ₹ 513
- High / Low ₹ 595 / 411
- Stock P/E 22.7
- Book Value ₹ 149
- Dividend Yield 0.39 %
- ROCE 18.2 %
- ROE 15.5 %
- Face Value ₹ 10.0
Pros
Cons
- Debtor days have increased from 93.2 to 114 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Garments & Apparels
Part of BSE Allcap BSE Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 87 | 444 | 466 | 460 | 503 | 530 | 303 | 608 | 779 | 860 | 1,003 | 1,177 | |
| 68 | 340 | 368 | 362 | 391 | 435 | 284 | 508 | 628 | 683 | 812 | 950 | |
| Operating Profit | 20 | 104 | 99 | 98 | 112 | 95 | 19 | 100 | 152 | 177 | 191 | 228 |
| OPM % | 23% | 23% | 21% | 21% | 22% | 18% | 6% | 16% | 19% | 21% | 19% | 19% |
| 1 | 7 | 17 | 21 | 22 | 18 | 17 | 17 | 20 | 37 | 49 | 27 | |
| Interest | 1 | 3 | 3 | 5 | 7 | 9 | 7 | 5 | 6 | 4 | 10 | 15 |
| Depreciation | 2 | 4 | 5 | 6 | 8 | 8 | 7 | 7 | 9 | 10 | 32 | 43 |
| Profit before tax | 18 | 104 | 108 | 108 | 119 | 96 | 23 | 105 | 157 | 199 | 198 | 196 |
| Tax % | 34% | 34% | 31% | 33% | 33% | 24% | 12% | 22% | 24% | 23% | 24% | |
| 12 | 68 | 75 | 73 | 80 | 73 | 20 | 82 | 119 | 154 | 149 | 147 | |
| EPS in Rs | 11.03 | 12.10 | 11.88 | 13.03 | 11.86 | 3.21 | 13.25 | 19.31 | 25.00 | 23.44 | 22.63 | |
| Dividend Payout % | 12% | 109% | 31% | 56% | 52% | 73% | 143% | 143% | 26% | 8% | 9% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 18% |
| TTM: | 26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 16% |
| TTM: | -9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 23% |
| 3 Years: | 11% |
| 1 Year: | 4% |
| Return on Equity | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 17% |
| 3 Years: | 20% |
| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 12 | 12 | 12 | 12 | 12 | 12 | 62 | 62 | 62 | 62 | 62 |
| Reserves | 28 | 286 | 362 | 387 | 418 | 434 | 421 | 416 | 485 | 614 | 758 | 822 |
| 16 | 29 | 41 | 48 | 93 | 88 | 50 | 82 | 66 | 20 | 164 | 176 | |
| 493 | 96 | 98 | 109 | 122 | 102 | 100 | 183 | 204 | 142 | 442 | 486 | |
| Total Liabilities | 546 | 424 | 513 | 556 | 645 | 636 | 582 | 743 | 817 | 837 | 1,426 | 1,547 |
| 18 | 60 | 65 | 70 | 82 | 83 | 82 | 86 | 109 | 117 | 486 | 486 | |
| CWIP | 8 | 3 | 7 | 9 | 2 | 3 | 1 | 1 | 1 | 0 | 0 | 9 |
| Investments | 2 | 160 | 205 | 230 | 235 | 195 | 131 | 140 | 152 | 177 | 174 | 168 |
| 518 | 202 | 236 | 248 | 325 | 356 | 368 | 516 | 554 | 543 | 766 | 884 | |
| Total Assets | 546 | 424 | 513 | 556 | 645 | 636 | 582 | 743 | 817 | 837 | 1,426 | 1,547 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -4 | 47 | 80 | 56 | -0 | 51 | 97 | 57 | 75 | 136 | 14 | |
| -12 | 10 | -9 | -14 | 3 | 46 | 62 | -2 | -18 | -10 | -184 | |
| 496 | -79 | -27 | -46 | -11 | -70 | -85 | -32 | -52 | -66 | -20 | |
| Net Cash Flow | 480 | -22 | 43 | -4 | -8 | 26 | 74 | 23 | 5 | 59 | -191 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 55 | 90 | 83 | 96 | 129 | 118 | 158 | 103 | 80 | 86 | 114 |
| Inventory Days | 179 | 156 | 128 | 146 | 262 | 267 | 168 | 376 | 493 | 123 | 548 |
| Days Payable | 93 | 131 | 99 | 120 | 141 | 148 | 122 | 178 | 143 | 65 | 264 |
| Cash Conversion Cycle | 142 | 114 | 112 | 121 | 250 | 237 | 205 | 301 | 430 | 144 | 398 |
| Working Capital Days | -1,933 | 75 | 51 | 62 | 111 | 122 | 60 | 25 | 48 | 70 | 84 |
| ROCE % | 30% | 26% | 26% | 20% | 6% | 19% | 26% | 31% | 18% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16 Feb - Participating at Dolat Capital conference (one-on-one), Feb 18, 2026; Q3 & 9M FY26 presentation uploaded.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
14 Feb - Q3 & 9M FY26 earnings call transcript: consolidated Q3 revenue INR301 crore, EBITDA INR63 crore, Feb 12, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
12 Feb - Feb 12, 2026: Audio recording of Q3 & 9M FY26 conference call available on company website.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Feb - Privi unaudited Q3/9M results ended Dec 31, 2025; Standalone PAT Rs 8,568.94L (Q), Rs 25,472.35L (9M).
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
10 Feb - Q3 & 9M FY26: Q3 revenue ₹301.1cr, 9M ₹889.0cr; Q3 EBITDA 20.9%; interim dividend ₹2/share.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
from bse
Concalls
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Feb 2026Transcript PPT REC
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Oct 2025Transcript PPT
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Oct 2024Transcript PPT
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Aug 2024Transcript PPT REC
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May 2024Transcript PPT
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Jan 2024Transcript PPT
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Oct 2023Transcript PPT
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Aug 2023Transcript PPT
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Apr 2023Transcript PPT
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Jan 2023TranscriptAI SummaryPPT
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Oct 2022TranscriptAI SummaryPPT
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Jul 2022TranscriptAI SummaryPPT
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