loader2
Partner With Us NRI

Kewal Kiran Clothing Ltd share Price Today

Company details

668.15
684.00
596.15
827.45
6M Return -3.90%
1Y Return -5.82%
Mkt Cap.(Cr) 4,136.58
Volume 17,626
Div Yield 0.30%
OI
-
OI Chg %
-
Volume 17,626

Invest in Market with Confidence: High performance strike rate of over 72%

Trade, sell, withdraw – all in minutes!
icon 27 Years

of legacy

icon 4.4 Star

App Rating

icon 1 Crore +

Customers

Open a Trading Account

Achieve your Investment goals today!

+91
Please enter valid Mobile Number

Apparels & Accessories company Kewal Kiran Clothing announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue from Operations for Q4FY24 grew by 10.0% to Rs 219.4 crore as compared to Rs 199.5 crore in Q4FY23. This was led by positive volume growth. We witnessed growth across majority of our categories including an impressive growth of ~14% from our denimwear category.
  • Gross Profit grew to Rs 97.9 crore in Q4FY24 as compared to Rs 89.2 crore in Q4FY23. Gross margin for Q4FY24 stood at 44.6% as compared to 44.7% in Q4FY23.
  • EBIDTA for Q4FY24 grew by 8.7% to Rs 42.4 crore as compared to Rs 39.0 crore in Q4FY23. EBIDTA margin for Q4FY24 stood at 19.3% as compared to 19.6% in Q4FY23.
  • PBT for Q4FY24 grew by 12.2% to Rs 47.6 crore as compared to Rs 42.4 crore in Q4FY23. PBT margin for Q4FY24 increased to 20.9% as compared to 20.5% in Q4FY23.
  • PAT for Q4FY24 grew by 19.0% to Rs 37.6 crore as compared to Rs 31.6 crore in Q4FY23. PAT margin for Q4FY24 expanded to 16.5% as compared to 15.3% in Q4FY23. 

FY24 Financial Highlights:

  • Revenue from Operations for FY24 grew by 10.4% to Rs 860.5 crore as compared to Rs 779.5 crore in FY23 which was primarily driven by volume growth.
  • Gross Profit grew to Rs 373.3 crore in FY24 as compared to Rs 330.6 crore in FY23 reflecting a growth of 12.9% YoY. Gross margin for FY24 expanded to 43.4% as compared to 42.4% in FY23.
  • EBIDTA for FY24 grew by 16.6% to Rs 177.2 crore as compared to Rs 151.9 crore in FY23. EBIDTA margin for FY24 increased to 20.6% as compared to 19.5% in FY23.
  • PBT for FY24 grew by an impressive 27.1% to Rs 199.7 crore as compared to Rs 157.1 crore in FY23. PBT margin for FY24 expanded to 22.2% as compared to 19.6% in FY23.
  • PAT for FY24 grew by a robust 29.5% to Rs 154.5 crore as compared to Rs 119.3 crore in FY23. PAT margin for FY24 increased to an impressive 17.2% as compared to 14.8% in FY23. 

Commenting on the results and performance, Kewalchand P. Jain, Chairman & Managing Director said: “I am very happy to announce another year of industry leading performance with double digit sales growth in FY2024. Aligning with our strategic vision of expanding and diversifying our Casual Wear portfolio and broaden our Women’s Denim & Casual Wear offering, the Board has approved acquisition of 50% stake in Kraus Casuals Private Limited, which provides us a strategic opportunity to consolidate our position further and increase our scale of operations. We anticipate this transaction to be earnings per share accretive and also generating enduring value for our shareholders in the years ahead."

Result PDF

View Other Company Results

Kewal Kiran Clothing Ltd shares SWOT Analysis

Strengths (10)

  • Rising Net Cash Flow and Cash from Operating activity
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Weakness (3)

  • MFs decreased their shareholding last quarter
  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Fall in Quarterly Revenue and Net Profit (YoY)

Opportunity (1)

  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 680.8
R2 690.3
R3 696.6
Pivot

674.47

S1 664.9
S2 658.6
S3 649.1
EMA SMA
652.8
652.6
666.5
674.3
643.3
645.3
667.0
702.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-10-25 791.11 334068 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2023-10-25 793.23 334068 NSE
M/S. PRARTHANA ENTERPRISES Bulk Purchase 2021-10-14 1022.33 3071 NSE
Name Category Shares
SHANTABEN PUKHRAJ JAIN PROMOTER 49.92%
DINESH PUKHRAJ JAIN PROMOTER 5.92%
VIKAS PUKHRAJ JAIN PROMOTER 5.86%
HEMANT PUKHRAJ JAIN PROMOTER 5.61%
KEWALCHAND PUKHRAJ JAIN PROMOTER 5.6%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Kewal Kiran Clothing Ltd Stocks COMPARISON

Financials( in Cr) Kewal Kiran Clothing Ltd Page Industries Ltd K P R Mill Ltd Vedant Fashions Ltd Gokaldas Exports Ltd
Price 671.25 42,034.05 972.60 1,350.70 978.95
% Change -0.45 0.18 -3.63 1.97 0.61
Mcap Cr 4,136.58 46,884.78 33,244.83 32,805.26 6,967.68
Revenue TTM Cr 860.50 4,788.64 6,059.68 1,367.53 2,378.88
Net Profit TTM Cr 154.08 571.25 805.35 414.17 130.97
PE TTM 28.39 81.41 41.09 85.34 55.68
1 Year Return -5.82 6.59 33.49 1.30 28.99
ROCE 31.12 53.56 21.04 29.07 10.67
ROE 25.20 46.45 19.97 27.60 10.27
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 675.74 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 17,492.71 71,886.12
LAST 3M 78,204.11 61,813.64
LAST 6M 1,87,352.46 86,996.15
LAST 12M 3,32,953.72 1,53,700.57

Kewal Kiran Clothing Ltd Information

Stock PE (TTM)
28.39
Promoter Holding
74.26%
Book Value
109.6528
ROCE
31.12%
ROE
25.2%
Description
  • Kewal Kiran Clothing Ltd was incorporated on January 30, 1992 as a private limited company with the name Kewal Kiran Apparels Pvt Ltd. In October, 2003, the company changed their name to Kewal Kiran Clothing Pvt Ltd. In November, 2005, the company converted into a public limited company and the name was changed to Kewal Kiran Clothing Ltd. Kewal Kiran Clothing Ltd is one of the few large branded apparel manufacturers in India. The company is engaged in manufacturing and marketing of apparels and lifestyle accessories. The company designs, manufactures and markets branded jeans, semi-formal and casual wear for men and women. Their brands include Killer, Lawman Pg3, Easies, K-Lounge and Integriti. Their manufacturing operations are based at Mumbai (stitching), Vapi (processing) and Daman (stitching & finishing). A group company, namely Kewal Kiran Clothing Pvt Ltd was amalgamated with the company with effect from December 1, 2002. During the year 2005-06, the company transferred their shareholding in the erstwhile subsidiaries namely Kornerstone Retail Ltd and Kewal Kiran Retail Pvt Ltd to the promoters and promoter group entities at the cost price of Rs 22.8 million and Rs 2 million respectively. The company entered the capital market with an issue of 3,100,037 equity shares of Rs 10 each through 100% Book Building Route. The issue was oversubscribed by around 12.56 times. The shares were allotted on April 5, 2006. The shares of the company got listed on Bombay Stock Exchange Ltd (BSE) and National Stock Exchange of India Ltd (NSE) on April 13, 2006. During the year 2006-07, the company opened 26 branded K-LOUNGE stores. They expanded the product line in "Pg3 Lawman" and "Integriti" brands, by launching an exclusive knitwear collection. They also introduced fashion accessories like eye wear and casual shoes. They company launched women`s wear range under "Killer" brand in the Summer 2007 collection. During the year, the company acquired about 53,000 sq ft land and about 40,000 sq ft building at Daman. They received the "SMB Industry 2.0 Award" for achieving highest rating in the ranking of India`s Top 500 Manufacturing small and mid sized Company rating. During the year 2007-08, the company opened 34 K-Lounge stores, 7 Killer EBO, 7 Integriti EBO and 3 Factory Outlets. They acquired land admeasuring 3610 sq mtrs adjacent to the current processing facility at Vapi. The company launched Exclusive Brand Outlets (EBO) for their brands Killer and Integriti. They launched Killer women wear across all channels in India. Also, they launched men`s formal wear and women wear under Integriti brand in select Integriti and K-Lounge stores across India. During the year 2008-09, the company opened 11 K-Lounge stores, 6 Killer Exclusive Brand Outlets (EBO), 7 Integriti EBO, 3 Lawman EBO, and 8 Factory Outlets. They completed the construction of the new factory building at Daman. They produced one 0.6 MW capacity, Wind Turbine Generator (WTG) from Suzlon Energy Ltd. The said WTG is connected by 33KV grid line to 33/66 KV, 25MVA capacity Suthri site sub-station at Kuchhadi. The Kuchhadi site sub-station is connected to Gujarat Energy Transmission Corporation Ltd (GETCO) Bokhira sub-station. During the year 2009-10, the company launched a retail format "Addiction" for their lifestyle accessories business. The company opened 36 stores including 17 K-Lounge stores, 8 Killer Exclusive Brand Outlets (EBO), 7 Integriti EBO, 3 Lawman Pg 3 EBO and 1 Factory Outlet. They closed/relocated 20 stores during the year. As on March 31, 2010, the company had 139 operational retail stores across the country. The Company launched "Colors Infinity" on 31st July ,2015. During the year 2017-18, it opened 39 new stores and closed/relocated 52 existing ones taking the total operational stores count to 318. Of these, 193 are K-Lounge stores, 124 are brand-specific EBOs and one is a factory outlet. The Company launched its Autumn Winter 2019 collection in Goa. 44 new stores were added and 40 stores were closed/relocated/ converted during the year 2019. Killer Jeans was launched in 2021. In 2023, the Company launched Athleisure collection along with casual blazers. It opened 97 stores during the year 2023.

No Data Found

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532732
NSE Code : KKCL
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE401H01017

FAQ’s on Kewal Kiran Clothing Ltd Shares

You can buy Kewal Kiran Clothing Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Kewal Kiran Clothing Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 27, 2024 03:42 PM the closing price of Kewal Kiran Clothing Ltd was Rs.671.25.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Sep 27, 2024 03:42 PM, the market cap of Kewal Kiran Clothing Ltd stood at Rs. 4,136.58 Cr.

The latest PE ratio of Kewal Kiran Clothing Ltd as of Sep 27, 2024 03:42 PM is 28.39

The latest PB ratio of Kewal Kiran Clothing Ltd as of Sep 27, 2024 03:42 PM is 0.16

The 52-week high of Kewal Kiran Clothing Ltd share price is Rs. 827.45 while the 52-week low is Rs. 596.15

According to analyst recommendations, Kewal Kiran Clothing Ltd Share has a "" rating for the long term.

Download App

Download Our App

Play Store App Store
market app

Open a Trading Account

Achieve your Investment goals today!

+91
Please enter valid Mobile Number