Kitex Garments Limited (KITEX) Stock Price & Analysis

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KITEX Stock Chart & Stats

₹139.70₹4.85(3.60%)

At close: Nov 05 3:30 PM GMT+5:30

Day’s Range: INR 137.50 - INR 146.45
52-Week Range: INR 110.00 - INR 231.15
Previous Close: INR 134.85
Volume: N/A
Average Volume (3M): 67.37K
Market Cap: INR 26.90B
Enterprise Value: INR 37.60B
Total Cash (Recent Filing): INR 1.52B
Total Debt (Recent Filing): INR 0
Price to Earnings (P/E): ―
Beta: 1.86
Next Earnings: Feb 14, 2027 (Est.)
EPS Estimate: N/A
Last Dividend Ex-Date: Sep 18, 2026
Dividend Yield: 0.36%

Bulls Say, Bears Say

Bulls Say

Focused Apparel Niche

Specialization in infant and children’s apparel gives Kitex a clearly defined manufacturing focus and an identifiable customer need. This product concentration can support accumulated production expertise, consistent quality processes, and a repeatable operating model across domestic and export orders.

Established Operating Scale

The sizable asset base and substantial equity indicate that Kitex has built meaningful operating capacity rather than remaining a small-scale producer. This infrastructure can support larger order execution and provides a foundation for the company’s ongoing garment manufacturing activities.

Positive Latest Operating Cash Flow

Strong operating cash flow in FY2026 shows that the business was able to convert its operations into cash despite the year’s weaker profitability. That cash-generation capacity can help fund working capital and reduce reliance on external financing when maintained.

Bears Say

Sharp Revenue Contraction

The latest revenue decline signals weaker demand, order volumes, pricing, product mix, or utilization across the manufacturing business. A sustained contraction would reduce fixed-cost absorption and make it harder for Kitex to preserve scale benefits and restore earnings.

Severe Profitability Pressure

Near-break-even profitability leaves limited protection against operating volatility and reduces the cash available for reinvestment, debt service, or shareholder returns. The sharp deterioration from earlier healthier periods also indicates that earnings quality is currently fragile.

Elevated Leverage And Weak Free Cash Flow

Debt exceeding equity increases financial risk at a time when earnings have weakened, while negative free cash flow limits internally generated funding. Together, these conditions can constrain capital allocation and leave less flexibility if operating performance remains under pressure.

Kitex Garments Limited News

Kitex Garments Discloses Reasons Behind Credit Rating Downgrade

Kitex Garments Limited ( ($IN:KITEX) ) has provided an update. Kitex Garments Limited, a textile and garment producer with major operations in Kerala and Warangal, has expanded capacity through substantial

2M agoKITEX

Kitex Garments Publishes Q1 FY2026 Unaudited Results in Line with SEBI Norms

Kitex Garments Limited ( ($IN:KITEX) ) just unveiled an update. Kitex Garments Limited has released its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, which

2M agoKITEX

Kitex Garments Advances NCLT-Directed Scheme of Arrangement With Childrenswear Unit

Kitex Garments Limited ( ($IN:KITEX) ) just unveiled an announcement. Kitex Garments Limited has reported to the stock exchanges that meetings of its equity shareholders and unsecured creditors were convened

3M agoKITEX

Kitex Garments Confirms Timely Processing of Share Dematerialisation in Q1 FY2026-27

An update from Kitex Garments Limited ( ($IN:KITEX) ) is now available. Kitex Garments Limited, a listed textile and apparel company based in Kerala, India, has its shares traded on

4M agoKITEX

Kitex Garments Sets July 24 Meetings on Demerger Scheme with Kitex Childrenswear

Kitex Garments Limited ( ($IN:KITEX) ) has provided an update. Kitex Garments Limited has announced that the National Company Law Tribunal, Kochi Bench, has ordered meetings of its equity shareholders

4M agoKITEX

Kitex Garments Independent Director Resigns, Triggers Board Change

Kitex Garments Limited ( ($IN:KITEX) ) just unveiled an announcement. Kitex Garments Limited has announced the resignation of independent director Chenakkott Philipose Philipose, effective from the close of business on

5M agoKITEX

Kitex Garments Independent Director Resigns Citing Personal Reasons

Kitex Garments Limited ( ($IN:KITEX) ) just unveiled an update. Kitex Garments Limited announced that independent director Chenakkott Philipose Philipose has resigned from the board, effective from the close of

5M agoKITEX

Kitex Garments Confirms Timely Processing of Share Dematerialisation Requests

Kitex Garments Limited ( ($IN:KITEX) ) has provided an update. Kitex Garments Limited has submitted to the stock exchanges a compliance certificate under Regulation 74(5) of the SEBI (Depositories and

10M agoKITEX

Kitex Garments Holds Virtual AGM, Discusses Financials

Kitex Garments Limited ( ($IN:KITEX) ) has shared an update. Kitex Garments Limited conducted its 33rd Annual General Meeting on September 17, 2025, via video conferencing, in compliance with SEBI

1y agoKITEX

Kitex Garments Schedules 33rd AGM with Key Resolutions

Kitex Garments Limited ( ($IN:KITEX) ) has issued an update. Kitex Garments Limited has announced its 33rd Annual General Meeting (AGM) scheduled for September 17, 2025, to be conducted via

1y agoKITEX

KITEX FAQ

What was Kitex Garments Limited’s price range in the past 12 months?

Kitex Garments Limited lowest stock price was ₹110.00 and its highest was ₹231.15 in the past 12 months.

What is Kitex Garments Limited’s market cap?

Kitex Garments Limited’s market cap is ₹26.90B.

When is Kitex Garments Limited’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Kitex Garments Limited’s earnings last quarter?

Kitex Garments Limited released its earnings results on Nov 02, 2026. The company reported ₹0.839 earnings per share for the quarter.

Is Kitex Garments Limited overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does Kitex Garments Limited pay dividends?

Kitex Garments Limited pays a Annually dividend of ₹0.5 which represents an annual dividend yield of 0.36%. See more information on Kitex Garments Limited dividends here

What is Kitex Garments Limited’s EPS estimate?

Kitex Garments Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Kitex Garments Limited have?

Kitex Garments Limited has 199,500,000 shares outstanding.

What happened to Kitex Garments Limited’s price movement after its last earnings report?

Kitex Garments Limited reported an EPS of ₹0.839 in its last earnings report. Following the earnings report the stock price went up 2.522%.

Which hedge fund is a major shareholder of Kitex Garments Limited?

Currently, no hedge funds are holding shares in IN:KITEX

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description