India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,427 Sabu M Jacob & family ₹1,500 Cr
Market Cap
₹2,288 Cr
KITEX · NSE
Share Price
₹112.86
-1.58% today
Revenue
₹667 Cr
FY 2025-26 · -32.1% YoY
EBITDA
₹28.38 Cr
Margin 4.3%
Net Profit
₹10.01 Cr
FY 2025-26 · -92.8% YoY
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹19.95 Cr
Issued & subscribed
Open charges
₹2,364.41 Cr
Satisfied ₹569.52 Cr
About Kitex Garments Limited
Data last updated:
Kitex Garments Limited is a public limited company based in Kunnathunad, Kerala, India. It operates in the kids wear segment of the fashion and textiles sector. It was incorporated on 29 May 1992 and has been in existence for over 34 years.
Its director Sabu M Jacob and family are #1,427 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN L18101KL1992PLC006528. Its GSTIN is 32AABCK0714F1Z9 (Kerala). It is a listed company as per MCA records. Its shares are listed on BSE: 521248 and NSE: KITEX.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹19.95 Cr. It is led by directors including Sabu Meckamkunnel Jacob (Managing Director) and Sindhu Chandrasekharan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Kunnathunad, Kerala.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹666.95 Cr, a decline of 32.1% compared to the previous year. For the same year it recorded a net profit of ₹10.01 Cr (net margin 1.5%) and EBITDA of ₹28.38 Cr (EBITDA margin 4.3%).
The company has about 4,251 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.
The company is associated with 1 brand: Kitex Garments. As per MCA filings, the company has open charges of ₹2,364.41 Cr and satisfied charges of ₹569.52 Cr on record. Court records list 132 cases involving the company, including 86 filed by the company and 46 filed against it; 31 cases are pending. The company has 29 deals on record (29 market trades); the latest was in June 2026. Its 5 peer companies in the Apparel industry (Kids Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 1 larger and 4 smaller; the largest is First Steps Babywear Private Limited with revenue of ₹1,201.71 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kitexgarments.com.
Company details
CIN L18101KL1992PLC006528
Registration Number 006528
Incorporation Date 29 May 1992
ROC Ernakulam
Listing Status Listed - Listed on NSE (KITEX); Listed on BSE (521248)
Company Status Active
Date of Last AGM 17 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Key People
Sabu Meckamkunnel Jacob Managing Director Sindhu Chandrasekharan Whole-Time Director Francis Sumi Director Recognitions & Rankings of Kitex Garments
Contact details
Kitex Garments Limited's registered office is in Kunnathunad, Kerala. Its website is kitexgarments.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBuilding No. VI/496, Kizhakkambalam Vilangu P.O. Aluva, Kunnathunad, Kerala, India – 683561
- IndustryFashion and Textile, Kids Wear
To see the full contact details of Kitex Garments Limited, buy the company report.
Comprehensive company report
Kitex Garments Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Kitex Garments operates one associated brand: Kitex Garments. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Knitted garments for infants and children are manufactured and exported. | kitexgarments.com |
Business activity
The main business activity of Kitex Garments is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Kitex Garments Limited, buy the company report.
Financials of Kitex Garments Limited
FY 2025-26 filings availableKitex Garments Limited reported revenue of ₹666.95 Cr (down 32.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹667 Cr
-32.1% YoY
EBITDA
₹28.38 Cr
-85.9% YoY
Profit After Tax
₹10.01 Cr
-92.8% YoY
Net Worth
-
Total Assets
-
Total Debt
-
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 667 | 983 | 617 | 557 | 788 | 455 | 739 |
| Revenue growth | -32.1% | +59.3% | +10.8% | -29.3% | +73.1% | -38.4% | - |
| EBITDA | 28.38 | 201 | 100 | 60.88 | 171 | 100 | 132 |
| EBITDA margin | +4.3% | +20.4% | +16.3% | +10.9% | +21.7% | +22.0% | +17.9% |
| Profit before tax | 8.40 | 190 | 86.71 | 79.26 | 173 | 78.92 | 138 |
| Net profit | 10.01 | 139 | 56.27 | 57.56 | 125 | 54.27 | 103 |
| Net profit margin | +1.5% | +14.1% | +9.1% | +10.3% | +15.9% | +11.9% | +14.0% |
| EPS (₹) | 0.30 | 6.95 | 8.47 | 8.65 | 18.82 | 8.16 | 15.54 |
| Balance sheet | |||||||
| Total assets | - | 2,462 | 1,837 | 1,064 | 899 | 711 | 753 |
| Net worth | - | 1,033 | 905 | 858 | 812 | 696 | 641 |
| Total debt | - | 1,082 | 681 | 25.00 | 73.07 | 0.00 | 96.13 |
| Cash & bank | - | 67.70 | 69.23 | 101 | 134 | 151 | 107 |
| Net working capital | - | 600 | 496 | 395 | 590 | 453 | 481 |
| Cash flow | |||||||
| Cash from operations | - | 54.28 | (38.26) | 295 | (9.93) | 116 | 51.19 |
| Cash from investing | - | (455) | (607) | (415) | (46.45) | (7.55) | (25.89) |
| Cash from financing | - | 390 | 650 | 57.02 | 59.91 | (98.77) | (24.82) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 158 | 166 | 182 | 122 | 197 | 300 | 276 | 216 |
| Revenue growth (YoY) | -19.5% | -44.6% | -34.1% | -43.4% | +3.3% | - | - | - |
| Other income | 7.64 | 34.20 | 5.01 | 29.89 | 0.72 | 4.68 | 8.04 | 3.10 |
| EBITDA | 10.19 | 1.67 | 8.48 | (15.96) | 34.19 | 51.14 | 54.40 | 54.85 |
| EBITDA margin | +6.4% | +1.0% | +4.7% | -13.1% | +17.4% | +17.0% | +19.7% | +25.4% |
| Depreciation | 17.58 | 20.24 | 13.19 | 7.98 | 3.17 | 3.16 | 3.66 | 4.23 |
| Interest | 13.61 | 20.76 | 12.68 | 8.24 | 3.54 | 4.98 | 3.53 | 3.41 |
| Profit before tax | (13.36) | (5.13) | (12.38) | (2.29) | 28.20 | 47.68 | 55.25 | 50.31 |
| Tax | 3.77 | 4.16 | 4.63 | 3.92 | 8.89 | 15.87 | 14.73 | 13.57 |
| Net profit | (17.13) | (9.29) | (17.01) | (6.21) | 19.31 | 31.81 | 40.52 | 36.74 |
| EPS (₹) | (0.45) | (0.20) | (0.47) | (0.08) | 1.04 | 1.66 | 6.17 | 5.61 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 592 | 983 | 617 | 557 | 788 | 455 | 739 |
| Revenue growth | -39.8% | +59.3% | +10.8% | -29.3% | +73.1% | -38.4% | - |
| EBITDA | 44.42 | 200 | 102 | 64.03 | 171 | 100 | 132 |
| EBITDA margin | +7.5% | +20.3% | +16.6% | +11.5% | +21.7% | +22.0% | +17.9% |
| Profit before tax | 78.51 | 207 | 99.07 | 81.43 | 176 | 84.84 | 143 |
| Net profit | 44.22 | 153 | 64.97 | 59.43 | 128 | 59.90 | 109 |
| Net profit margin | +7.5% | +15.6% | +10.5% | +10.7% | +16.3% | +13.2% | +14.7% |
| EPS (₹) | 2.85 | 7.67 | 10.25 | 8.94 | 19.29 | 9.01 | 16.34 |
| Balance sheet | |||||||
| Total assets | - | 1,281 | 1,059 | 940 | 941 | 751 | 787 |
| Net worth | - | 1,106 | 963 | 905 | 855 | 735 | 675 |
| Total debt | - | 163 | 76.52 | 25.00 | 73.07 | 0.00 | 96.13 |
| Cash & bank | - | 61.83 | 65.88 | 83.08 | 133 | 151 | 107 |
| Net working capital | - | 569 | 472 | 388 | 602 | 453 | 480 |
| Cash flow | |||||||
| Cash from operations | - | 78.30 | (30.11) | 242 | (9.45) | 116 | 58.91 |
| Cash from investing | - | (152) | (2.10) | (244) | (46.98) | (7.89) | (34.35) |
| Cash from financing | - | 61.97 | 36.88 | (62.98) | 59.91 | (98.77) | (24.82) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 121 | 111 | 164 | 120 | 197 | 300 | 276 | 216 |
| Revenue growth (YoY) | -38.5% | -63.2% | -40.5% | -44.4% | +3.3% | - | - | - |
| Other income | 7.95 | 14.99 | 9.07 | 33.74 | 4.62 | 15.43 | 11.56 | 5.03 |
| Total expenses | 108 | 105 | 151 | 132 | 160 | 252 | 223 | 160 |
| EBITDA | 12.92 | 5.80 | 13.31 | (11.70) | 37.01 | 48.18 | 53.81 | 56.12 |
| EBITDA margin | +10.7% | +5.2% | +8.1% | -9.7% | +18.8% | +16.1% | +19.5% | +26.0% |
| Depreciation | 2.90 | 2.90 | 3.14 | 3.10 | 3.15 | 3.15 | 3.66 | 4.23 |
| Interest | 3.04 | 4.12 | 4.25 | 4.14 | 3.54 | 4.98 | 3.53 | 3.41 |
| Profit before tax | 14.93 | 13.77 | 14.99 | 14.80 | 34.94 | 55.48 | 58.18 | 53.51 |
| Tax | 3.77 | 4.16 | 4.63 | 3.92 | 8.89 | 15.87 | 14.73 | 13.57 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 158 | 166 | 182 | 122 | 197 | 300 | 276 | 216 |
| Revenue growth (YoY) | -19.5% | -44.6% | -34.1% | -43.4% | +3.3% | - | - | - |
| Other income | 7.64 | 34.20 | 5.01 | 29.89 | 0.72 | 4.68 | 8.04 | 3.10 |
| EBITDA | 10.19 | 1.67 | 8.48 | (15.96) | 34.19 | 51.14 | 54.40 | 54.85 |
| EBITDA margin | +6.4% | +1.0% | +4.7% | -13.1% | +17.4% | +17.0% | +19.7% | +25.4% |
| Depreciation | 17.58 | 20.24 | 13.19 | 7.98 | 3.17 | 3.16 | 3.66 | 4.23 |
| Interest | 13.61 | 20.76 | 12.68 | 8.24 | 3.54 | 4.98 | 3.53 | 3.41 |
| Profit before tax | (13.36) | (5.13) | (12.38) | (2.29) | 28.20 | 47.68 | 55.25 | 50.31 |
| Tax | 3.77 | 4.16 | 4.63 | 3.92 | 8.89 | 15.87 | 14.73 | 13.57 |
| Net profit | (17.13) | (9.29) | (17.01) | (6.21) | 19.31 | 31.81 | 40.52 | 36.74 |
| EPS (₹) | (0.45) | (0.20) | (0.47) | (0.08) | 1.04 | 1.66 | 6.17 | 5.61 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 667 | 983 | 617 | 557 | 788 | 455 | 739 |
| Revenue growth | -32.1% | +59.3% | +10.8% | -29.3% | +73.1% | -38.4% | - |
| Other income | 69.83 | 18.54 | 14.25 | 44.06 | 26.89 | 4.31 | 39.19 |
| Total expenses | 639 | 782 | 516 | 496 | 618 | 355 | 607 |
| Employee cost | 0.00 | 159 | 119 | 109 | 114 | 77.26 | 121 |
| EBITDA | 28.38 | 201 | 100 | 60.88 | 171 | 100 | 132 |
| EBITDA margin | +4.3% | +20.4% | +16.3% | +10.9% | +21.7% | +22.0% | +17.9% |
| Depreciation | 44.58 | 15.75 | 20.71 | 21.21 | 21.44 | 23.10 | 26.45 |
| Interest | 45.23 | 14.02 | 7.33 | 4.47 | 3.62 | 2.56 | 7.02 |
| Profit before tax | 8.40 | 190 | 86.71 | 79.26 | 173 | 78.92 | 138 |
| Tax | 21.61 | 53.80 | 30.89 | 22.33 | 47.46 | 24.65 | 34.50 |
| Net profit | 10.01 | 139 | 56.27 | 57.56 | 125 | 54.27 | 103 |
| Net profit margin | +1.5% | +14.1% | +9.1% | +10.3% | +15.9% | +11.9% | +14.0% |
| EPS (₹) | 0.30 | 6.95 | 8.47 | 8.65 | 18.82 | 8.16 | 15.54 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 19.95 | 6.65 | 6.65 | 6.65 | 6.65 | 6.65 |
| Reserves & surplus | - | 1,013 | 898 | 852 | 806 | 689 | 635 |
| Shareholders' funds (net worth) | - | 1,033 | 905 | 858 | 812 | 696 | 641 |
| Minority interest | - | 177 | 128 | 118 | 0.00 | 0.00 | 0.00 |
| Secured loans | - | 1,082 | 681 | 25.00 | 73.07 | 0.00 | 96.13 |
| Unsecured loans | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | - | 1,082 | 681 | 25.00 | 73.07 | 0.00 | 96.13 |
| Total liabilities | - | 2,462 | 1,837 | 1,064 | 899 | 711 | 753 |
| Assets | |||||||
| Gross block | - | 426 | 426 | 425 | 383 | 346 | 330 |
| Net block | - | 232 | 244 | 264 | 243 | 227 | 234 |
| Capital work in progress | - | 1,391 | 886 | 292 | 11.62 | 20.09 | 20.63 |
| Investments | - | 0.07 | 0.09 | 0.03 | 0.02 | 0.03 | 0.02 |
| Inventories | - | 191 | 164 | 117 | 155 | 134 | 130 |
| Sundry debtors | - | 340 | 257 | 203 | 314 | 178 | 252 |
| Cash & bank balances | - | 67.70 | 69.23 | 101 | 134 | 151 | 107 |
| Loans & advances | - | 126 | 91.46 | 40.26 | 76.58 | 60.54 | 66.32 |
| Total current assets | - | 724 | 582 | 461 | 679 | 524 | 556 |
| Total current liabilities | - | 124 | 85.53 | 66.43 | 89.56 | 70.60 | 74.89 |
| Net working capital | - | 600 | 496 | 395 | 590 | 453 | 481 |
| Total assets | - | 2,462 | 1,837 | 1,064 | 899 | 711 | 753 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 49.81 | 45.52 | 108 | 104 | 94.54 | 94.06 |
| Net cash from operating activities | - | 54.28 | (38.26) | 295 | (9.93) | 116 | 51.19 |
| Net cash from investing activities | - | (455) | (607) | (415) | (46.45) | (7.55) | (25.89) |
| Net cash from financing activities | - | 390 | 650 | 57.02 | 59.91 | (98.77) | (24.82) |
| Net change in cash | - | (10.42) | 4.29 | (62.33) | 3.52 | 9.78 | 0.48 |
| Closing cash | - | 67.70 | 69.23 | 101 | 134 | 151 | 107 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -32.1% | +59.3% | +10.8% | -29.3% | +73.1% | -38.4% | - |
| EBITDA growth | -85.9% | +99.8% | +65.1% | -64.4% | +70.3% | -24.1% | - |
| PBT growth | -95.6% | +118.6% | +9.4% | -54.1% | +118.7% | -42.8% | +6.1% |
| Net income growth | -92.8% | +146.4% | -2.2% | -53.9% | +130.2% | -47.5% | - |
| Revenue CAGR (3Y) | +6.2% | +7.6% | +10.7% | -9.0% | +9.1% | -6.5% | +10.6% |
| EBITDA CAGR (3Y) | -22.5% | +5.6% | +0.1% | -22.8% | +7.2% | -9.2% | -8.0% |
| Profitability & leverage | |||||||
| Net income margin | -2.0% | +13.8% | +9.1% | +10.2% | +15.9% | +11.9% | +14.0% |
| Return on capital employed | - | +10.2% | +7.1% | +9.1% | +21.9% | +11.1% | +20.4% |
| Return on net worth | - | +14.0% | +6.3% | +6.8% | +16.6% | +8.1% | +17.2% |
| Debt / equity | - | 0.91 | 0.40 | 0.06 | 0.05 | 0.07 | 0.15 |
| Long-term debt / equity | - | 0.79 | 0.34 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -279.20 | 7.58 | 9.19 | 11.27 | 2.42 | 3.32 | 6.64 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 2.31 | 1.45 | 1.38 | 2.16 | 1.35 | 2.41 |
| Inventory turnover | - | 5.54 | 4.39 | 4.10 | 5.46 | 3.44 | 5.70 |
| Debtors turnover | - | 3.30 | 2.68 | 2.15 | 3.21 | 2.12 | 3.55 |
| EPS (₹) | 0.30 | 6.95 | 8.47 | 8.65 | 18.82 | 8.16 | 15.54 |
| Dividend per share (₹) | 0.50 | 0.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 |
| Book value per share (₹) | 0.00 | 51.78 | 136.03 | 129.07 | 122.13 | 104.63 | 96.45 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 121 | 111 | 164 | 120 | 197 | 300 | 276 | 216 |
| Revenue growth (YoY) | -38.5% | -63.2% | -40.5% | -44.4% | +3.3% | - | - | - |
| Other income | 7.95 | 14.99 | 9.07 | 33.74 | 4.62 | 15.43 | 11.56 | 5.03 |
| Total expenses | 108 | 105 | 151 | 132 | 160 | 252 | 223 | 160 |
| EBITDA | 12.92 | 5.80 | 13.31 | (11.70) | 37.01 | 48.18 | 53.81 | 56.12 |
| EBITDA margin | +10.7% | +5.2% | +8.1% | -9.7% | +18.8% | +16.1% | +19.5% | +26.0% |
| Depreciation | 2.90 | 2.90 | 3.14 | 3.10 | 3.15 | 3.15 | 3.66 | 4.23 |
| Interest | 3.04 | 4.12 | 4.25 | 4.14 | 3.54 | 4.98 | 3.53 | 3.41 |
| Profit before tax | 14.93 | 13.77 | 14.99 | 14.80 | 34.94 | 55.48 | 58.18 | 53.51 |
| Tax | 3.77 | 4.16 | 4.63 | 3.92 | 8.89 | 15.87 | 14.73 | 13.57 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 592 | 983 | 617 | 557 | 788 | 455 | 739 |
| Revenue growth | -39.8% | +59.3% | +10.8% | -29.3% | +73.1% | -38.4% | - |
| Other income | 62.42 | 36.61 | 24.67 | 43.08 | 29.96 | 10.10 | 44.37 |
| Total expenses | 547 | 783 | 514 | 493 | 617 | 355 | 607 |
| Employee cost | 0.00 | 158 | 119 | 109 | 114 | 77.26 | 121 |
| EBITDA | 44.42 | 200 | 102 | 64.03 | 171 | 100 | 132 |
| EBITDA margin | +7.5% | +20.3% | +16.6% | +11.5% | +21.7% | +22.0% | +17.9% |
| Depreciation | 12.28 | 15.72 | 20.70 | 21.21 | 21.44 | 23.10 | 26.45 |
| Interest | 16.05 | 14.02 | 7.33 | 4.47 | 3.62 | 2.54 | 7.02 |
| Profit before tax | 78.51 | 207 | 99.07 | 81.43 | 176 | 84.84 | 143 |
| Tax | 21.61 | 53.80 | 30.89 | 22.00 | 47.50 | 24.94 | 34.50 |
| Net profit | 44.22 | 153 | 64.97 | 59.43 | 128 | 59.90 | 109 |
| Net profit margin | +7.5% | +15.6% | +10.5% | +10.7% | +16.3% | +13.2% | +14.7% |
| EPS (₹) | 2.85 | 7.67 | 10.25 | 8.94 | 19.29 | 9.01 | 16.34 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 19.95 | 6.65 | 6.65 | 6.65 | 6.65 | 6.65 |
| Reserves & surplus | - | 1,086 | 956 | 898 | 848 | 729 | 669 |
| Shareholders' funds (net worth) | - | 1,106 | 963 | 905 | 855 | 735 | 675 |
| Secured loans | - | 163 | 76.52 | 25.00 | 73.07 | 0.00 | 96.13 |
| Unsecured loans | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | - | 163 | 76.52 | 25.00 | 73.07 | 0.00 | 96.13 |
| Total liabilities | - | 1,281 | 1,059 | 940 | 941 | 751 | 787 |
| Assets | |||||||
| Gross block | - | 296 | 296 | 295 | 292 | 271 | 265 |
| Net block | - | 102 | 114 | 134 | 152 | 152 | 169 |
| Capital work in progress | - | 34.41 | 26.46 | 20.43 | 11.62 | 20.09 | 20.63 |
| Investments | - | 455 | 333 | 298 | 32.99 | 35.37 | 35.36 |
| Inventories | - | 189 | 164 | 117 | 155 | 134 | 130 |
| Sundry debtors | - | 340 | 257 | 203 | 314 | 178 | 252 |
| Cash & bank balances | - | 61.83 | 65.88 | 83.08 | 133 | 151 | 107 |
| Loans & advances | - | 91.64 | 69.34 | 50.12 | 89.51 | 60.54 | 66.32 |
| Total current assets | - | 682 | 556 | 454 | 691 | 523 | 555 |
| Total current liabilities | - | 113 | 83.70 | 65.31 | 89.28 | 70.20 | 74.38 |
| Net working capital | - | 569 | 472 | 388 | 602 | 453 | 480 |
| Total assets | - | 1,281 | 1,059 | 940 | 941 | 751 | 787 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 46.46 | 41.79 | 107 | 104 | 93.80 | 94.06 |
| Net cash from operating activities | - | 78.30 | (30.11) | 242 | (9.45) | 116 | 58.91 |
| Net cash from investing activities | - | (152) | (2.10) | (244) | (46.98) | (7.89) | (34.35) |
| Net cash from financing activities | - | 61.97 | 36.88 | (62.98) | 59.91 | (98.77) | (24.82) |
| Net change in cash | - | (11.38) | 4.67 | (65.19) | 3.47 | 9.70 | (0.26) |
| Closing cash | - | 61.83 | 65.88 | 83.08 | 133 | 151 | 107 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -39.8% | +59.3% | +10.8% | -29.3% | +73.1% | -38.4% | - |
| EBITDA growth | -77.8% | +95.1% | +60.0% | -62.5% | +70.2% | -24.1% | - |
| PBT growth | -62.0% | +108.7% | +21.7% | -53.7% | +107.2% | -40.8% | +10.0% |
| Net income growth | -71.1% | +135.3% | +9.3% | -53.6% | +113.9% | -44.9% | - |
| Revenue CAGR (3Y) | +2.0% | +7.6% | +10.7% | -9.0% | +9.1% | -6.5% | +10.6% |
| EBITDA CAGR (3Y) | -11.5% | +5.4% | +0.7% | -21.5% | +7.2% | -9.2% | -8.0% |
| Profitability & leverage | |||||||
| Net income margin | +9.6% | +15.6% | +11.1% | +10.7% | +16.3% | +13.2% | +14.7% |
| Return on capital employed | - | +18.9% | +10.6% | +9.1% | +21.2% | +11.4% | +20.3% |
| Return on net worth | - | +14.8% | +7.3% | +6.8% | +16.1% | +8.5% | +17.2% |
| Debt / equity | - | 0.12 | 0.05 | 0.06 | 0.05 | 0.07 | 0.15 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 49.94 | 7.61 | 8.97 | 10.44 | 2.42 | 3.29 | 6.63 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 3.32 | 2.09 | 1.90 | 2.80 | 1.70 | 2.96 |
| Inventory turnover | - | 5.56 | 4.39 | 4.10 | 5.46 | 3.44 | 5.70 |
| Debtors turnover | - | 3.30 | 2.68 | 2.15 | 3.21 | 2.12 | 3.55 |
| EPS (₹) | 2.85 | 7.67 | 10.25 | 8.94 | 19.29 | 9.01 | 16.34 |
| Dividend per share (₹) | 0.50 | 0.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 |
| Book value per share (₹) | 0.00 | 55.42 | 144.81 | 136.07 | 128.53 | 110.55 | 101.53 |
To see the full year-wise statements and ratios of Kitex Garments Limited, buy the company report.
Board of directors of Kitex Garments Limited
Kitex Garments has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Francis Sumi | Director | 13 Nov 2020 | 5 Years 11 Months | Current |
| Sindhu Chandrasekharan Also directs: Kitex Apparel Parks Limited, Kitex Infantswear Limited, Kitex Littlewear Limited and 5 more | Whole-Time Director | 16 Mar 2015 | 11 Years 7 Months | Current |
| Kalpathy Lekshmi Venkitanarayanan Narayanan | Director | 04 Apr 2013 | 13 Years 6 Months | Current |
| Sabu Meckamkunnel Jacob Also directs: Kitex Apparel Parks Limited, Kitex Childrenswear Limited, Kitex Infantswear Limited and 5 more | Managing Director | 16 Aug 1993 | 33 Years 2 Months | Current |
| Amprayil Kurien Mathew Also directs: Kitex Childrenswear Limited | Director | 14 Aug 2024 | 2 Years 2 Months | Current |
| Bijoy Philipose Also directs: Sevana Electrical Appliances Pvt Ltd, Sevana Foundation | Additional Director | 30 Jun 2026 | 0 Years 4 Months | Current |
Peer comparison
Kitex Garments Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Kids Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| First Steps Babywear Private Limited | ₹1,201.71 Cr (FY 2024) | 1.0% | Bangalore, Karnataka, India | |||
| Kitex Garments Limitedthis company | ₹666.95 Cr (FY 2026) | ₹10.01 Cr | 1.5% | -32.1% | 4,251 | Kunnathunad, Kerala, India |
| SRG Apparels Limited | ₹415.04 Cr (FY 2024) | 17.0% | Tirupur, Tamil Nadu, India | |||
| Ammayapper Textiles Private Limited | ₹305.61 Cr (FY 2024) | -16.0% | Thiruvallur, Tamil Nadu, India | |||
| H.P.Cotton Casuals Private Limited | ₹198.82 Cr (FY 2025) | 21.0% | Kolkata, West Bengal, India | |||
| Aqj Apparels Private Limited | ₹174.23 Cr (FY 2025) | 12.0% | Tiruppur, Tamil Nadu, India |
To see the full peer comparison of Kitex Garments Limited, buy the company report.
Auditor
Kitex Garments Limited is audited by MSKA & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2023 | 105047W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 56.70%, foreign institutional investors hold 1.20%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 42.00%.
Sep 2026
QUARTER
56.70% Promoters
0.10% DII (Domestic Institutional)
1.20% FII (Foreign Institutional)
42.00% Retail & Others
Promoter holding - history
Now 56.70% · Sep 2026High 56.70% · Dec 2025Low 56.70% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 56.70% | 56.70% | 56.70% | 56.70% |
| Public | 43.30% | 43.30% | 43.30% | 43.30% |
Charges & borrowings
Open charges
₹2,364.41 Cr
Satisfied charges
₹569.52 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2026 | 101275605 | State Bank of India | ₹31.4 Cr | Open | |
| 19 Mar 2026 | 101272299 | Others | ₹15 Cr | Open | |
| 12 Jun 2025 | 101131742 | Others | ₹75 Cr | Open | |
| 21 Apr 2025 | 101090713 | Hdfc Bank Limited | ₹50,000 | Open | |
| 07 Mar 2025 | 101067431 | Axis Bank Limited | ₹25 Cr | Open |
To see the full charge records of Kitex Garments Limited, buy the company report.
Total charge records: 32 View all charges
Deals & funding
Kitex Garments Limited has 29 deals on record (29 market trades); the latest was in June 2026.
Total deals
29
Market trades
29
Deals on record (5 of 29)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Market trade | ₹33.07 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Aug 2024 | Market trade | ₹15.8 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Aug 2024 | Market trade | ₹114.56 Cr | Buyer: Hrti Private Limited , NK Securities Research Private Limited , Graviton Research Capital LLP Seller: Hrti Private Limited , NK Securities Research Private Limited , Graviton Research Capital LLP |
| Aug 2024 | Market trade | ₹104.85 Cr | Buyer: NK Securities Research Private Limited , Aakraya Research LLP , Qe Securities LLP Seller: NK Securities Research Private Limited , Aakraya Research LLP , Qe Securities LLP |
| Aug 2024 | Market trade | ₹16.26 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Kitex Garments Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kitex Garments Limited has 132 court cases on record: 86 filed by Kitex Garments, 46 filed against it. 31 cases are pending and 101 are disposed.
Total cases
132
Filed by the company
86
Filed against the company
46
Pending
31
Disposed
101
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 102 | 33 | 17 |
| District courts | 26 | 11 | 11 |
| Supreme Court | 4 | 2 | 3 |
Cases on record (5 of 132)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (3701-Property Tax : Property Tax) | Filed against the company by State of Kerala and 1 other | Pending |
| District court, Ernakulam, Kerala | Criminal miscellaneous application | Filed by the company against M S Mani | Disposed |
| High Court | Appeal | Filed against the company by India Gateway Terminal Pvt.Ltd. | Disposed |
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| High Court of Kerala | Writ petition | Filed by the company against Union of India, | Pending |
To see the full case history of Kitex Garments Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Kitex Garments Limited was last rated by Icra on 04 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 04 Mar 2022 |
To see the full credit ratings and regulatory alerts of Kitex Garments Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kitex Garments Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Kitex Garments has 7 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
7
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Kitex Apparel Parks Limited | U18100TG2021PLC157154 | |
| Kitex Littlewear Limited | U18109KL2018PLC054849 | |
| Kitex Kidswear Limited | U18109KL2018PLC055151 | |
| Kitex Socks Limited | U18109KL2018PLC055319 | |
| Kitex Babywear Limited | U18204KL2018PLC055316 | |
| Kitex Knits Limited | U18209KL2018PLC055318 |
To see the full group structure of Kitex Garments Limited, buy the company report.
Employees & EPFO
Kitex Garments Limited has a workforce of 4,251 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
4,251
Active EPFO establishments
1
Employee growth
-35.5%
GST
Kitex Garments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCK0714F1Z9 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kitex Garments Limited, buy the company report.
Recent activity
Kitex Garments Limited has 21 board changes on record since 1992: 14 appointments and 7 cessations. The latest: Bijoy Philipose was appointed as Additional Director on 30 Jun 2026.
Appointed
Bijoy Philipose was appointed as Additional Director.
Filing
Kitex Garments Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ernakulam.
Charges
A charge with State Bank Of India amounted to Rs. 31.40 Cr with Charge ID 101275605 was registered on 24 Mar 2026.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101272299 was registered on 19 Mar 2026.
Charges
A charge registered on 20 Mar 2025 via Charge ID 101076813 with Others was fully satisfied on 14 Oct 2025.
AGM
Kitex Garments Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 101131742 was registered on 12 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.01 Cr with Charge ID 101090713 was registered on 21 Apr 2025.
Charges
A charge with Others amounted to Rs. 170.00 Cr with Charge ID 101076813 was registered on 20 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 25.00 Cr with Charge ID 101067431 was registered on 07 Mar 2025.
Ceased
Benni Joseph ceased to be Director.
Appointed
Amprayil Kurien Mathew was appointed as Director.
77 earlier events are in the company report.
News
Frequently asked questions
Kitex Garments is an active public limited company based in Kunnathunad, Kerala, India. The company works in kids wear, within the fashion and textile industry. It was incorporated on 29 May 1992 (34+ years old) and is registered under CIN L18101KL1992PLC006528. Listed on BSE: 521248 and NSE: KITEX.
Kitex Garments reported revenue of ₹666.95 Cr for FY 2025-26 (down 32.1% YoY) based on consolidated financials.
Kitex Garments has 6 current directors:
- Sabu Meckamkunnel Jacob - Managing Director
- Sindhu Chandrasekharan - Whole-Time Director
- Francis Sumi - Director
- Kalpathy Lekshmi Venkitanarayanan Narayanan - Director
- Amprayil Kurien Mathew - Director
- Bijoy Philipose - Additional Director
The latest financial statements of Kitex Garments on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kitex Garments is 32AABCK0714F1Z9, registered in Kerala.
The CIN (Corporate Identification Number) of Kitex Garments is L18101KL1992PLC006528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Kitex Garments is a listed company as per MCA records. Its shares are listed on both BSE (code: 521248) and NSE (symbol: KITEX).
Kitex Garments has 132 court cases on record: 86 filed by the company and 46 filed against it. 31 are pending. Most are in the high courts.
Kitex Garments was incorporated on 29 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ernakulam.
Kitex Garments has 29 deals on record (29 market trades); the latest was in June 2026.
The peers of Kitex Garments by revenue are First Steps Babywear Private Limited, SRG Apparels Limited, Ammayapper Textiles Private Limited, H.P.Cotton Casuals Private Limited, Aqj Apparels Private Limited, all in the Apparel industry (Kids Wear), with the same principal business activity (textile, leather and other apparel products).
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