Kewal Kiran Clothing Ltd
NSE: KKCL · Garments & Apparels · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 43 companies in Garments & Apparels (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹316 cr vs borrowings ₹48 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 16.3x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 16% of net profit in the last 12 months.
- Debtor days went from 86 (FY24) to 97 (FY26).
- Dividend paid in 4 of the last 5 financial years.
- Price ₹420.05 on 2026-10-26: -26.1% from the 52-week high, +2.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 308 | 255 | 288 | 234 | 354 | 301 | 324 | 279 |
| EBITDA | 64 | 47 | 52 | 42 | 71 | 63 | 62 | 54 |
| OPM % | 20.7% | 18.4% | 18.1% | 17.8% | 20.0% | 20.9% | 19.1% | 19.4% |
| Other income | 34 | 2 | 3 | 14 | 7 | 3 | -0 | 13 |
| Net profit | 66 | 25 | 29 | 31 | 45 | 34 | 31 | 38 |
| EPS (₹) | 10.64 | 3.99 | 4.73 | 5.08 | 7.29 | 5.54 | 5.03 | 6.01 |
| Revenue YoY | +14.9% | +18.0% | +12.4% | +19.4% | ||||
| Profit YoY | -31.5% | +38.9% | +6.4% | +21.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 608 | 779 | 860 | 1,003 | 1,213 | 1,258 |
| EBITDA | 100 | 152 | 177 | 191 | 238 | 250 |
| Net profit | 82 | 119 | 155 | 144 | 142 | 148 |
| EPS (₹) | 13.25 | 19.31 | 25.07 | 23.44 | 23.03 | 23.87 |
| Revenue growth | +28.3% | +10.4% | +16.5% | +20.9% | +15.9% | |
| Profit growth | +45.8% | +29.8% | -6.5% | -1.8% | -1.6% | |
| Dividend / share (₹) | 14.00 | 8.00 | 4.00 | – | 4.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +15.9% | +32.0% | +15.9% |
| Net profit | +6.0% | +48.3% | -1.7% |
| EPS | +6.0% | +7.5% | – |
| Share price | – | -18.4% (2y) | -21.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 547 | 677 | 820 | 938 |
| Borrowings | – | 51 | 2 | 108 | 48 |
| Cash & equivalents | – | 297 | 375 | 279 | 316 |
| Total assets | – | 817 | 838 | 1,426 | 1,497 |
| Fixed assets | – | 108 | 108 | 229 | 256 |
| Capital work in progress | – | 1 | 0 | 0 | 11 |
| Investments | – | 25 | 29 | 27 | 29 |
| Receivables | – | 170 | 203 | 313 | 321 |
| Inventory | – | 166 | 82 | 225 | 258 |
| Payables | – | 48 | 44 | 108 | 90 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 57 | 75 | 136 | 14 | 183 |
| Cash from investing | -2 | -18 | -13 | -185 | -28 |
| Cash from financing | -12 | -52 | -61 | -20 | -51 |
| Capex | 10 | 24 | 10 | 85 | 21 |
| Free cash flow | 46 | 51 | 126 | -71 | 163 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 21.8% | 22.8% | 17.6% | 15.1% |
| ROCE % | – | 27.3% | 30.0% | 22.4% | 22.0% |
| Debtor days | – | 80 | 86 | 114 | 97 |
| Inventory days | – | 162 | 70 | 173 | 161 |
| Payable days | – | 47 | 37 | 83 | 57 |
| Cash conversion cycle (days) | – | 195 | 119 | 204 | 201 |
| Working capital days | – | 188 | 230 | 186 | 201 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 74.29% |
| FIIs | 2.44% |
| DIIs | 8.38% |
| of which Mutual funds | 7.21% |
| Government | 0.00% |
| Public (non-institutions) | 14.90% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 74.26% | 74.27% | 74.27% | 74.27% | 74.27% | 74.29% | 74.29% | 74.29% |
| Promoter group | % |
|---|---|
| Shantaben P Jain | 49.92% |
| Dinesh P Jain | 5.92% |
| Vikas P Jain | 5.86% |
| Hemant P Jain | 5.61% |
| Kewalchand P Jain | 5.60% |
| Dinesh P Jain | 0.13% |
| Hemant P Jain | 0.13% |
| Hitendra H Jain | 0.13% |
| Kesar V Jain | 0.13% |
| Kewalchand P Jain | 0.13% |
| Lata H Jain | 0.13% |
| Pankaj K Jain | 0.13% |
| Sangeeta D Jain | 0.13% |
| Veena K Jain | 0.13% |
| Vikas P Jain | 0.13% |
| Public holders above 1% | % |
|---|---|
| Bandhan Small Cap Fund | 2.63% |
| Kotak Small Cap Fund | 1.49% |
| Uti Small Cap Fund | 1.19% |
| Pinebridge Global Funds - Pinebridge India Equity Fund | 1.10% |
32,235 shareholders. Pledged: 0.00% of promoter shares.
Peers in Garments & Apparels
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PAGEIND | ₹37,823 cr | 50.0x | 25.2x | 52.0% | 70.2% | 20.8% | +3.1% | 1.77% |
| ARVIND | ₹12,646 cr | 30.5x | 3.1x | 10.6% | 14.2% | 10.5% | +3.5% | 0.82% |
| PGIL | ₹11,177 cr | 36.0x | 7.7x | 23.7% | 21.2% | 9.6% | +16.7% | 0.54% |
| GOKEX | ₹4,743 cr | 46.0x | 2.2x | 4.9% | 8.9% | 8.8% | +21.5% | – |
| LUXIND | ₹3,206 cr | 30.1x | 1.8x | 5.7% | 7.5% | 6.2% | +7.2% | 0.05% |
| SBC | ₹3,034 cr | 75.0x | 30.3x | 47.3% | 15.2% | 8.6% | +27.2% | – |
| KKCL | ₹2,604 cr | 17.6x | 2.8x | 16.8% | 22.9% | 19.9% | +15.9% | 0.96% |
| KITEX | ₹2,206 cr | – | 2.1x | -2.8% | 1.0% | 3.5% | +6.2% | 0.45% |
| SPAL | ₹2,085 cr | 19.8x | 2.2x | 11.7% | 14.3% | 14.1% | +13.6% | 0.24% |
| CANTABIL | ₹2,081 cr | 21.4x | 4.3x | 22.4% | 37.4% | 31.5% | +15.6% | 0.50% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-05-14 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2026-02-16 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2025-05-16 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2024-09-20 | Other | Annual General Meeting |
| 2024-02-02 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2023-09-21 | Other | Annual General Meeting |
| 2023-05-11 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2022-11-04 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2022-08-29 | Other | Annual General Meeting |
| 2022-05-20 | Dividend | Interim Dividend - Rs 5 Per Share |
| 2022-02-07 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2021-12-16 | Bonus | Bonus 4:1 |
| 2021-11-11 | Dividend | Interim Dividend - Rs 10 Per Share |
| 2021-09-07 | Other | Annual General Meeting |
| 2021-02-03 | Dividend | Interim Dividend - Rs 8.00 Per Share |
| 2020-11-03 | Dividend | Interim Dividend-Rs 15 Per Share |
| 2020-09-07 | Dividend | Dividend - Re 1 Per Share |
| 2020-06-04 | Dividend | Interim Dividend - Rs 6 Per Share |
| 2020-02-06 | Dividend | Interim Dividend - Rs 15 Per Share |
| 2019-11-04 | Dividend | Interim Dividend - Rs 10 Per Sh |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing, Processing, Finishing and Dispatch of Garments and Accessories: Manufacturing and retailing of apparels and lifestyle accessories under fashion brands Killer, Integriti, Lawman, Easies and Junior Killer.
| Sector | Consumer Discretionary |
| Industry | Garments & Apparels |
| Sub-industry | Garments & Apparels |
| Symbol | KKCL |
| BSE code | 532732 |
| ISIN | INE401H01017 |
| Face value | ₹10.0 |
| Incorporated | 1992-01-30 |
| Website | https://www.kewalkiran.com |
| Plants (India / abroad) | 4 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.