MarketFriction

Kewal Kiran Clothing Ltd

NSE KKCL · BSE 532732 · Garments & Apparels
₹475.65 +3.32%
NSE close2026-10-01
52 week range408.35 - 568.45
Market cap₹2,884 Cr.
P/E19.5
Price band 20% Delivery 43.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales262200219151308255288234354301324279
Expenses201161177124244208236192283238262225
Operating Profit623942286447524271636254
OPM %24%19%19%18%21%18%18%18%20%21%19%19%
Other Income8991134231473-013
Interest111133444433
Depreciation3333910101111111213
Profit before tax664448358636414163514751
Tax %25%25%21%28%22%27%26%22%25%26%27%20%
Net Profit503338256826303247383541
EPS in Rs8.065.396.144.0910.633.994.735.087.285.545.036.17
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4444664605035303036087798601,0031,2131,258
Expenses3403683623914352845086286838129751,008
Operating Profit10499981129519100152177191238250
OPM %23%21%21%22%18%6%16%19%21%19%20%20%
Other Income71721221817172037492423
Interest335797564101414
Depreciation4568877910324447
Profit before tax1041081081199623105157199198203212
Tax %34%31%33%33%24%12%22%24%23%24%25%
Net Profit68757380732082119154149152161
EPS in Rs11.0312.1011.8813.0311.863.2113.2519.3125.0023.4423.0324.02
Dividend Payout %109%31%56%52%73%143%143%26%8%9%9%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth11%32%16%16%
Compounded Profit Growth7%45%5%-2%
Stock Price CAGR2%21%-13%-12%
Return on Equity17%18%17%15%
Mar 2006Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital91212121212126262626262
Reserves28286362387418434421416485614758876
Borrowings16294148938850826620164128
Other Liabilities4939698109122102100183204142442430
Total Liabilities5464245135566456365827438178371,4261,497
Fixed Assets1860657082838286109117486497
CWIP837923111000
Investments2160205230235195131140152177174165
Other Assets518202236248325356368516554543766834
Total Assets5464245135566456365827438178371,4261,497
Mar 2006Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-4478056-05197577513614183
Cash from Investing Activity-1210-9-1434662-2-18-10-184-28
Cash from Financing Activity496-79-27-46-11-70-85-32-52-66-20-51
Net Cash Flow480-2243-4-8267423559-191104
Free Cash Flow-18366647-1240944851126-70166
CFO/OP10%76%111%88%34%78%532%80%72%99%25%96%
Mar 2006Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days55908396129118158103808611497
Inventory Days179156128146262267168376493123548385
Days Payable931319912014114812217814365264135
Cash Conversion Cycle142114112121250237205301430144398346
Working Capital Days-1,9337551621111226025487084106
ROCE %30%26%26%20%6%19%26%31%18%17%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.26%74.26%74.26%74.26%74.26%74.26%74.28%74.28%74.28%74.28%74.29%74.29%
FIIs2.60%2.53%2.10%2.80%2.81%2.05%2.39%2.62%2.37%2.33%2.32%2.37%
DIIs7.99%8.61%8.85%6.91%6.83%7.20%7.76%8.50%8.65%8.83%8.60%8.85%
Public15.14%14.59%14.80%16.03%16.10%16.48%15.59%14.60%14.71%14.57%14.80%14.48%
No. of Shareholders30,26332,01633,37233,49534,81436,51435,78634,91535,36834,17533,32132,735

Fundamentals

Market Cap₹ 2,884 Cr.
Current Price₹ 467
Stock P/E19.5
Book Value₹ 156
ROCE17.2 %
ROE14.7 %
Dividend Yield0.86 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)16%
Compounded Profit Growth (TTM)-2%
Consolidated figures.
Valuation
Market capRs 2,931 Cr
Enterprise valueRs 2,879 Cr
P/E (TTM)19.80x
Price to book3.12x
Price to sales2.33x
EV / EBITDA10.56x
EV / EBIT12.75x
EV / sales2.29x
Price to cash flow15.99x
Earnings yield5.05%
Dividend yield0.42%
P/E, 3-year average21.49x
P/B, 3-year average4.10x
P/E, 5-year average20.23x
P/B, 5-year average3.91x
Profitability
Operating margin (excl. other income)19.61%
Operating margin (incl. other income)21.57%
EBITDA margin21.67%
Pre-tax margin16.85%
Net profit margin11.77%
Net margin, latest quarter13.62%
ROE16.14%
ROCE21.19%
ROA9.71%
ROE, 3-year average20.22%
ROCE, 3-year average25.68%
ROA, 3-year average13.70%
ROE, 5-year average20.36%
ROCE, 5-year average25.19%
ROA, 5-year average13.74%
ROIC (approx.)19.14%
Tax rate24.88%
Other income / net worth2.53%
Growth
Sales growth (latest year)20.94%
Profit growth (latest year)-1.79%
Sales CAGR, 3 years15.88%
Sales CAGR, 5 years31.99%
Profit CAGR, 3 years6.04%
Profit CAGR, 5 years48.27%
Sales growth QoQ-13.84%
Profit growth QoQ22.58%
Sales growth YoY (latest quarter)19.36%
Profit growth YoY (latest quarter)21.48%
Per share
EPS (TTM)Rs 24.02
EPS (latest year)Rs 23.03
EPS (latest quarter)Rs 6.17
EPS, 3-year averageRs 23.82
EPS, 5-year averageRs 20.81
Book value per shareRs 152.22
Sales per shareRs 204.14
Cash flow per shareRs 29.75
Free cash flow per shareRs 26.94
Dividend per share (latest year)Rs 2.00
Dividend per share, 3-year averageRs 2.00
Dividend per share, 5-year averageRs 6.00
Dividends
Dividend payout8.69%
Dividend payout, 3-year average8.41%
Dividend payout, 5-year average38.91%
Efficiency
Asset turnover0.81x
Fixed asset turnover2.44x
Inventory turnover2.77x
Inventory days132 days
Debtor days97 days
Debtors turnover3.78x
Creditor days135 days
Cash conversion cycle346 days
Working capital days106 days
Leverage
Total debtRs 128 Cr
Cash and bankRs 180 Cr
Net debtRs -52 Cr
Debt to equity0.14x
Net debt / EBITDA-0.19x
Interest coverage16.32x
Current ratio (filing 2026-03-31)3.43x
Quick ratio (filing 2026-03-31)2.49x
Trade payables (filing 2026-03-31)Rs 90 Cr
Owners' fund to total sources62.68%
Debt to assets8.56%
Cash flow
Cash from Operating Activity (latest year)Rs 183 Cr
Cash from Investing Activity (latest year)Rs -28 Cr
Cash from Financing Activity (latest year)Rs -51 Cr
Net Cash Flow (latest year)Rs 104 Cr
Free cash flow (latest year)Rs 166 Cr
FCFE (approx.: FCF + change in debt)Rs 130 Cr
Cash from ops / profit, 5 years0.71x
Sales to cash flow6.62x
Statement figures
Net sales (TTM)Rs 1,258 Cr
Net sales (latest year)Rs 1,213 Cr
Sales (latest quarter)Rs 279 Cr
Operating profit excl. other income (latest year)Rs 238 Cr
Operating profit (latest quarter)Rs 54 Cr
Other income (TTM)Rs 23 Cr
EBITDA (TTM)Rs 273 Cr
PBDT (TTM)Rs 259 Cr
Profit before tax (TTM)Rs 212 Cr
Tax (latest year)Rs 50 Cr
Net profit (TTM)Rs 148 Cr
Net profit (latest year)Rs 142 Cr
Net profit (latest quarter)Rs 38 Cr
Depreciation (TTM)Rs 47 Cr
Depreciation (latest quarter)Rs 13 Cr
Interest (TTM)Rs 14 Cr
Cost of goods sold (latest year)Rs 713 Cr
Total expenditure (latest year)Rs 975 Cr
Total income (latest year)Rs 1,237 Cr
Share capitalRs 62 Cr
ReservesRs 876 Cr
Shareholders' fundsRs 938 Cr
Total assetsRs 1,497 Cr
Net blockRs 497 Cr
InvestmentsRs 165 Cr
ReceivablesRs 321 Cr
InventoryRs 258 Cr
Other liabilitiesRs 430 Cr
Shares outstanding (crore)6.16
Ownership
Promoter holding74.29% (+0.01 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 19.8 is at the 28th percentile of its own 9.4-year range (median 23.7, low 9.7, high 76.9).
P/B 3.12 is at the 27th percentile (median 3.97).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodKKCLNifty 50Difference
1 week+1.4%-2.8% +4.1 pts
1 month-6.8%-6.8% +0.0 pts
3 months-7.2%-7.6% +0.4 pts
6 months+14.2%+0.4% +13.8 pts
1 year-16.9%-9.9% -7.0 pts
2 years-30.0%-13.6% -16.5 pts
3 years-33.2%+14.2% -47.3 pts
5 years+159.5%+27.9% +131.6 pts
12 mutual fund schemes hold about ₹247 Cr. Over three months 4 bought more and 2 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Bandhan Small Cap Fund0.24%81 -8%
Kotak Small Cap Fund0.23%46 +4%
UTI Small Cap Fund0.68%36 +5%
ICICI Pru Small Cap Fund0.30%29 +4%
ICICI Pru Small Cap Fund0.30%28 +4%
Abakkus Small Cap Fund0.66%18 +58%
Mahindra Manulife Consumption Fund0.94%5 +10%
Navi Large & Midcap Fund0.50%2 +8%
Navi Flexi Cap Fund(Q0.42%1 +3%
Navi Aggressive Hybrid Fund0.51%1 +6%
Aditya Birla SL Dividend Yield Fund0.00%0 -100%
Motilal Oswal BSE 1000 Index Fund0.00%0

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹279 Cr +19.2% vs Jun 2025. Net profit ₹41 Cr +28.1%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-05-14Interim Dividend - Rs 2 Per Share
2026-02-16Interim Dividend - Rs 2 Per Share
2025-05-16Interim Dividend - Rs 2 Per Share
2024-09-20Annual General Meeting
2024-02-02Interim Dividend - Rs 2 Per Share
2023-09-21Annual General Meeting
2023-05-11Interim Dividend - Rs 2 Per Share
2022-11-04Interim Dividend - Rs 3 Per Share
2022-08-29Annual General Meeting
2022-05-20Interim Dividend - Rs 5 Per Share
2022-02-07Interim Dividend - Rs 4 Per Share
2021-12-16 Bonus 4:10.2000
2021-11-11 Interim Dividend - Rs 10 Per Share
2021-09-07 Annual General Meeting
2021-02-03 Interim Dividend - Rs 8.00 Per Share
2020-11-03 Interim Dividend-Rs 15 Per Share
2020-09-07 Dividend - Re 1 Per Share
2020-06-04 Interim Dividend - Rs 6 Per Share
2020-02-06 Interim Dividend - Rs 15 Per Share
2019-11-04 Interim Dividend - Rs 10 Per Sh
2019-09-09 Dividend - Rs 2 Per Share
2019-07-01 Interim Dividend - Rs 11 Per Share
2019-03-18 Interim Dividend - Rs 5 Per Share
2019-02-01 Interim Dividend - Rs 10 Per Share
2018-11-05 Interim Dividend - Rs 10 Per Sh
2018-08-30 Dividend- Rs 1.50 Per Share
2018-07-31 Interim Dividend- Rs 7 Per Share
2018-03-20 Interim Dividend - Rs 5 Per Share
2018-01-30 Interim Dividend - Rs 9.50 Per Share
2017-10-26 Interim Dividend - Rs 10/- Per Share
2017-08-30 Dividend - Rs 1.50 Per Share
2017-05-05 Interim Dividend Rs 7/- Per Share
2017-02-07 Interim Dividend Rs 8.50 Per Share
2016-11-08 Interim Dividend - Rs 9/- Per Share
2016-08-30 Dividend - Rs 1.50/- Per Share
2016-03-17 Interim Dividend - Rs 7/- Per Share
2016-02-16 Interim Dividend- Rs 8/- Per Share
2015-11-19 Interim Dividend - Rs 8.50/- Per Share
2015-08-20Final Dividend - Rs 1.50/- Per Share
2015-06-25Interim Dividend - Rs 35/- Per Share
2015-05-25Fourth Interim Dividend - Rs 3/- Per Share
2015-02-10Third Interim Dividend - Rs 5/- Per Share
2014-10-302nd Int Div-Rs.7.50 Per Share
2014-09-25First Interim Dividend - Rs 8/- Per Share
2014-08-19Annual General Meeting / Final Dividend - Rs 1.50/- Per Share
2014-05-20Interim Dividend - Rs 5/- Per Share
2014-02-04Interim Dividend - Rs 7/- Per Share
2013-10-24Interim Dividend - Rs 7.50/- Per Share (Purpose Revised)
2013-08-13Annual General Meeting / Final Dividend - Re 1/- Per Share
2013-05-21Third Interim Dividend Rs 3 Per Equity Share
2013-02-25Interim Dividend 6.50 Per Share
2012-11-22Interim Dividend Rs 7 Per Share
2012-03-152nd Interim Dividend Rs.6/- Per Share
2011-11-03Interim Dividend Rs.7/- Per Share
2011-08-18Dividend Rs 4 Per Share
2011-04-13Special Interim Dividend Rs 6 Per Share
2010-11-08Interim Dividend-Rs.6.50 Per Share
2010-07-21Final Dividend Rs.6/- Per Share
2009-07-17Agm/Div-Rs.3/- Per Share
2008-07-18Agm/Dividend - 20%
2007-11-05Interim Dividend-20%
2007-07-23Agm/Dividend-25%
2006-08-30Agm/Dividend-15%
DateTypeWhat it says
2026-09-25Shareholder meetingKewal Kiran Clothing Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 24, 2026
2026-09-24Shareholder meetingProceedings of Annual General Meeting held on September 24, 2026
2026-09-03Press ReleaseA press release dated September 03, 2026, titled "AGM notice ".
2026-09-02General UpdatesGeneral Updates
2026-09-02Shareholder meetingNotice of Annual General Meeting to be held on September 24, 2026
2026-09-01AppointmentAppointment of Mr Ajay Thotlani as Other of the company w.e.f. September 01, 2026.
2026-09-01RetirementRetirement
2026-08-10Concall / analyst meetTranscript
2026-08-08Press ReleaseA press release dated August 08, 2026, titled "Corrignedum of Extract of Financial Results for the quarter ended June 30, 2026 in the Newspaper Free P...
2026-08-07Press ReleaseA press release dated August 07, 2026, titled "extract ad".
2026-08-07Concall / analyst meetSchedule of meet
2026-08-07Concall / analyst meetLink of Recording
2026-08-06General UpdatesGeneral Updates
2026-08-06Investor PresentationInvestor Presentation
2026-08-06Board meeting outcomeKewal Kiran Clothing Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-01AppointmentAppointment of Ms Farzeen Khan as Other of the company w.e.f. August 01, 2026.
2026-07-28Concall / analyst meetSchedule of meet
2026-07-06Disclosure under SEBI TakeovKewal Kiran Clothing Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (...
2026-06-15Concall / analyst meetSchedule of meet
2026-06-15Concall / analyst meetSchedule of meet
2026-05-16Concall / analyst meetTranscript
2026-05-11Concall / analyst meetLink of Recording
2026-05-11Press ReleaseA press release dated May 11, 2026, titled "Extract of financial results".
2026-05-09Board meeting outcomeKewal Kiran Clothing Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-09General UpdatesGeneral Updates
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Kewal Kiran Clothing Ltd?

Kewal Kiran Clothing Ltd (KKCL) has a market capitalisation of Rs 2,884 Cr. at the 2026-10-01 close.

What is the P/E ratio of Kewal Kiran Clothing Ltd?

Kewal Kiran Clothing Ltd trades at a P/E of 19.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Kewal Kiran Clothing Ltd's latest quarterly results?

In the Jun 2026 quarter, Kewal Kiran Clothing Ltd sales was Rs 279 Cr (+19.2% vs Jun 2025) and net profit was Rs 41 Cr.

What is the 52-week high and low of Kewal Kiran Clothing Ltd?

The 52-week high is Rs 568.45 and the 52-week low is Rs 408.35.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03