Kitex Garments Ltd
NSE: KITEX BSE: 521248
₹156.42
(0.53%)
Sat, 30 May 2026, 03:08 am
Market Cap31.37B
PE Ratio72.67
Dividend0.32
Process Industries
Textiles
24.5KKitex Garments Analysis
dividend
- Dividends per share have increased over the past 10 years.
- Dividends paid are thoroughly covered by earnings (11.9x coverage).
- Dividends per share have been stable in the past 10 years.
- Kitex Garments's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- Kitex Garments's dividend is below the markets top 25% of dividend payers in India (3.08%).
health
- Kitex Garments is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Kitex Garments is profitable, therefore cash runway is not a concern.
- Kitex Garments is profitable, therefore cash runway is not a concern.
- Debt is well covered by operating cash flow (32.6%, greater than 20% of total debt).
- Debt is covered by short term assets, assets are 6.2x debt.
- Kitex Garments's cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (64.9% vs 15.3% today).
- Interest payments on debt are well covered by earnings (EBIT is 29.8x coverage).
- Kitex Garments's level of debt (15.3%) compared to net worth is satisfactory (less than 40%).
- High level of physical assets or inventory.
management
- The tenure for the Kitex Garments board of directors is about average.
- Sabu's compensation has been consistent with company performance over the past year, both up more than 20%.
- Sabu's remuneration is higher than average for companies of similar size in India.
- The average tenure for the Kitex Garments management team is less than 2 years, this suggests a new team.
misc
- Kitex Garments is not covered by any analysts.
past
- Kitex Garments's 1-year earnings growth exceeds its 5-year average (44.1% vs -5.4%)
- Kitex Garments used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
- Kitex Garments's earnings growth has exceeded the IN Luxury industry average in the past year (44.1% vs 8.3%).
- Kitex Garments's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- Kitex Garments's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
- Kitex Garments has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
value
- Kitex Garments is good value based on earnings compared to the IN Luxury industry average.
- Kitex Garments is good value based on earnings compared to the India market.
- KITEX outperformed the Luxury industry which returned -22.1% over the past year.
- KITEX outperformed the Market in India which returned -14.5% over the past year.
- Kitex Garments's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- Kitex Garments's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- Kitex Garments is overvalued based on assets compared to the IN Luxury industry average.
- NSEI:KITEX is up 4.4% underperforming the Luxury industry which returned 9.8% over the past month.
- NSEI:KITEX is up 4.4% underperforming the market in India which returned 8% over the past month.