loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

Kitex Garments Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
Kitex Garments Ltd. 14 Aug 2026 18:55 PM

Q1FY27 Quarterly Result Announced for Kitex Garments Ltd.

Apparels & Accessories company Kitex Garments announced Q1FY27 results

Consolidated Financial Highlights

  • Total Income: The company reported a total income of Rs 16,606.98 lakh in Q1FY27, showing a decline of 15.88% YoY compared to Rs 19,741.67 lakh in Q1FY26 and a decrease of 17.12% QoQ from Rs 20,036.88 lakh in Q4FY26.
  • Revenue from Operations: Revenue stood at Rs 15,842.55 lakh in Q1FY27, down 19.46% YoY from Rs 19,669.19 lakh in Q1FY26 and down 4.66% QoQ from Rs 16,616.56 lakh in Q4FY26.
  • Net Profit/Loss: The Group reported a Net Loss of Rs 1,712.05 lakh for Q1FY27, compared to a Net Profit of Rs 1,930.34 lakh in Q1FY26. On a sequential basis, the Net Loss widened by 84.32% compared to a loss of Rs 928.87 lakh in Q4FY26.
  • Total Comprehensive Income/Loss: The total comprehensive loss attributable to the owners of the company was Rs 899.18 lakh in Q1FY27, as against an income of Rs 2,076.87 lakh in Q1FY26.
  • Earnings Per Share (EPS): Basic and Diluted EPS for Q1FY27 was negative Rs 0.45, compared to positive Rs 1.04 in Q1FY26 and negative Rs 0.20 in Q4FY26.

Standalone Financial Highlights

  • Total Income: Standalone total income was Rs 12,895.74 lakh in Q1FY27, registering a YoY decrease of 35.94% from Rs 20,131.18 lakh in Q1FY26, while increasing 2.72% QoQ from Rs 12,554.12 lakh in Q4FY26.
  • Revenue from Operations: Revenue for the quarter stood at Rs 12,101.08 lakh, a decline of 38.48% YoY compared to Rs 19,669.19 lakh in Q1FY26. On a sequential basis, it grew by 9.46% from Rs 11,055.20 lakh in Q4FY26.
  • Net Profit: Standalone Net Profit for Q1FY27 was Rs 1,115.90 lakh, down 57.16% YoY from Rs 2,605.08 lakh in Q1FY26. However, it registered a QoQ growth of 15.97% compared to Rs 962.20 lakh in Q4FY26.
  • Total Comprehensive Income: This stood at Rs 1,116.22 lakh for Q1FY27, compared to Rs 2,605.84 lakh in Q1FY26 and Rs 1,050.05 lakh in Q4FY26.

Business Highlights

  • Fundraising Approval: The Board of Directors approved raising funds up to Rs 3,000 crore through the issuance of equity shares, non-convertible debentures with warrants, or other eligible securities via Qualified Institutional Placement (QIP) or other permissible modes.
  • Segment Performance: In accordance with Ind AS 108, the company operates in a single reportable business segment, which is "Textile - Infant/Kids Apparel Manufacturing."
  • Investment in Associate: The company holds an investment of Rs 2,776.24 lakh in an associate, Kitex USA LLC. Despite the associate entity incurring continuous losses and total erosion of net worth, management believes the carrying value is recoverable based on new business deals and projected expansions in the United States, Mexico, and Europe. Statutory auditors have issued a qualified conclusion regarding the recoverability of this investment.
  • Subsidiary Borrowing Guarantee: The company has provided a guarantee for bank borrowings of its subsidiary, Kitex Apparel Parks Limited (KAPL), for a sanctioned amount of Rs 2,02,300 lakh. The outstanding amount as of June 30, 2026, was Rs 1,01,203.99 lakh.
  • Scheme of Arrangement: A scheme providing for the demerger of the textile business of Kitex Childrenswear Limited (KCL) into the company was approved in February 2025 and is awaiting necessary regulatory approvals.

Result PDF

Apparels & Accessories company Kitex Garments announced Q4FY26 & FY26 results

Standalone Financial Highlights:

  • The company recorded a Total Income of Rs 12,554.12 lakh for Q4FY26, reflecting a decrease of 27.60% from Rs 17,341.40 lakh in Q3FY26 (QoQ) and a decrease of 60.22% from Rs 31,560.22 lakh in Q4FY25 (YoY).
  • Revenue from Operations for Q4FY26 stood at Rs 11,055.20 lakh, down 32.73% compared to Rs 16,434.75 lakh in Q3FY26 and down 63.17% compared to Rs 30,016.95 lakh in Q4FY25.
  • Net Profit for Q4FY26 was Rs 962.20 lakh, showing a decline of 7.07% from Rs 1,035.42 lakh in Q3FY26. On a YoY basis, Net Profit decreased by 75.71% from Rs 3,961.25 lakh in Q4FY25.
  • For the full financial year FY26, Standalone Total Income reached Rs 63,660.93 lakh compared to Rs 1,01,941.42 lakh in FY25, representing a decline of 37.55%.
  • Standalone Net Profit for FY26 stood at Rs 5,689.98 lakh, a decrease of 62.80% from Rs 15,295.33 lakh reported in FY25.
  • Total Comprehensive Income for FY26 was Rs 5,781.98 lakh compared to Rs 15,259.90 lakh in FY25.
  • The Board of Directors has recommended a final dividend of Rs 0.50 per equity share of face value Rs 1 each (at the rate of 50%) for the financial year ended March 31, 2026.
  • Earnings Per Share (EPS) for Q4FY26 was Rs 0.48 (Basic and Diluted) compared to Rs 0.52 in Q3FY26 and Rs 1.99 in Q4FY25. For the full year FY26, EPS stood at Rs 2.85 compared to Rs 7.67 in FY25.

Consolidated Financial Highlights:

  • Consolidated Total Income for Q4FY26 was Rs 20,036.88 lakh, an increase of 7.15% from Rs 18,700.28 lakh in Q3FY26 (QoQ). However, it saw a YoY decline of 34.27% from Rs 30,485.37 lakh in Q4FY25.
  • Revenue from Operations for Q4FY26 reached Rs 16,616.56 lakh, down 8.70% from Rs 18,198.97 lakh in Q3FY26 and down 44.64% from Rs 30,016.95 lakh in Q4FY25.
  • The company reported a Consolidated Net Loss of Rs 928.87 lakh for Q4FY26, compared to a Net Loss of Rs 1,700.20 lakh in Q3FY26 and a Net Profit of Rs 3,181.62 lakh in Q4FY25.
  • For the full year FY26, Consolidated Total Income was Rs 71,928.15 lakh, down 28.17% from Rs 1,00,134.57 lakh in FY25.
  • Consolidated Net Result for FY26 was a loss of Rs 1,320.59 lakh, compared to a Net Profit of Rs 13,574.60 lakh in FY25.
  • Total Comprehensive Result for FY26 was a loss of Rs 1,228.59 lakh, as against a profit of Rs 13,539.17 lakh in FY25.
  • Consolidated EPS for FY26 was Rs 0.30 (Basic and Diluted) compared to Rs 6.95 in FY25.

Business Highlights:

  • Segment Performance: In accordance with Ind AS 108 on "Operating Segments", the Company and the Group operate in a single business segment, namely Textile - Infant/Kids Apparel Manufacturing.
  • Subsidiary Investment: During the twelve month period, the Company acquired an additional stake of 10,99,65,660 shares in its subsidiary, Kitex Apparel Parks Limited (KAPL), for Rs 11,986.26 lakh.
  • Guarantees: The Company provided guarantees for borrowings availed by KAPL from banks for a sanctioned amount of Rs 2,02,300 lakh, of which Rs 99,064.21 lakh was outstanding as on March 31, 2026.
  • Associate Investment: The Company holds an investment in an Associate, Kitex USA LLC, amounting to Rs 2,776.24 lakh as on March 31, 2026. The net worth of the Associate has been fully eroded as of that date.
  • Credit Loss Allowance: During the year, the Company reassessed the measurement of Expected Credit loss allowance on outstanding dues towards Kitex USA LLC and concluded that an ECL Provision of Rs 1,750 lakh was no longer required and was written back in the Statement of Profit and loss.
  • Corporate Restructuring: In February 2025, the Board approved a Scheme of Arrangement providing for the demerger of the textile business of Kitex Childrenswear Limited (KCL) into the Company, subject to regulatory approvals.

Result PDF

Apparels & Accessories company Kitex Garments announced Q3FY26 results

  • Revenue from operations: Rs 18,198.97 lakh against Rs 27,631.61 lakh during Q3FY25, change -34%.
  • PBT: Rs -1,236.89 lakh against Rs 5,524.5 lakh during Q3FY25.
  • PAT: Rs -1,700.2 lakh against Rs 4,051.53 lakh during Q3FY25.
  • EPS: Rs -0.47 for Q3FY26.

Result PDF

Apparels & Accessories company Kitex Garments announced Q2FY25 results

  • Net profit Rs 39.94 crore in Q2FY25, nearly tripling from Rs 13.21 crore in the Q2FY24.
  • PAT margin of 18.08% in Q2FY25, up from 9.47% in Q2FY24.
  • Profit before tax rose 188%, from Rs 18.56 crore to Rs 53.52 crore.
  • Total revenue stood at Rs 220.91 crore, a 58% increase from Rs 139.48 crore in the Q2FY24.
  • EBITDA margin improved to 27.68% in Q2FY25, compared to 18.25% in Q2FY24.

Sabu Jacob, MD, Kitex Garments, said:  “Our recent investment in expanded capacities in Telangana strengthens our ability to scale further, positioning us to capture emerging opportunities and deliver robust value to our stakeholders.”

Result PDF

Textiles Apparels & Accessories company Kitex Garments announced Q1FY25 results:

Total Revenue: 

  • Rs 195.02 crore for the quarter ended June 30, 2024, up by 32% compared to Rs 147.84 crore in the same period last year. This growth was primarily driven by strong demand from existing customers.

Profit Before Tax (PBT): 

  • Rs 39.57 crore, reflecting a substantial increase of 280% compared to Rs 10.42 crore in the same quarter of the previous year. 

EBITDA Margin:

  • 23.77% in Q1 FY24-25, up from 11.19% in Q1 of the previous year. 

Net Profit:

  • Rs 29.95 crore for the current quarter, up significantly from Rs 7.99 crore in the same period last year.

PAT Margin: 15.36% in Q1 FY24-25, compared to 5.41% in Q1 of the previous year.  

 

Result PDF

Kitex Garments announced Q4FY22 results:

  • All time high Total Revenue Year at Rs 818 crore, higher by 75% compared to FY21.
  • EBITDA of Rs 200 crore for the year, higher by 81% compared to FY21.
  • Profit before Tax for the year at Rs 175.78 crore, higher by 106% compared to FY21.
  • Profit after Tax for the year at Rs 128.28 crore, higher by 114% compared to FY21.
  • Expansion in the state of Telangana is in progress as per scheduled timeline.

Mr. Sabu M. Jacob, Chairman and Managing Director of Kitex Garments Ltd said that “Strong growth access to infants garments segment despite the inflationary trends in materials costs, the company achieved record turnover and through effective cost control measures been able to achieve higher profits.”

 

Result PDF

Textile, Apparels, and Accessories company Kitex Garments announced Q3FY22 results:

  • Total Revenue for the quarter at Rs 208.20 crore - higher by 71.68% compared to Q3 FY21.
  • EBITDA for the quarter at 26.20% - higher by 80.32% compared to Q3 FY21.
  • Profit before Tax for the quarter at 23.43% higher by 99.0% compared to Q3 FY21.
  • Profit after Tax for the quarter at Rs 34.71 crore - higher by 120% compared to Q3 FY21
  • Zero Debt Company.
  • Expansion in the state of Telangana is in progress as per the scheduled timeline

Mr. Sabu M. Jacob, Chairman and Managing Director of Kitex Garments Ltd said, “Despite the Increase in raw materials costs by around 30%, the company has been able to achieve a higher turnover and through effective cost control measures been able to achieve higher profits.”.

 

 

Result PDF

Highlights:

  • Total Revenue for the quarter was Rs. 182.36 crore higher by 33.1% compared to Q2 FY21.
  • EBITDA for the quarter was Rs. 42.42 crore I higher by 32.89% compared to Q2 FY21. 
  • Profit before Tax for the quarter was Rs. 36.90 crore I higher by 45.3% compared to Q2 FY21. 
  • Profit after Tax for the quarter was Rs. 27.26 crore I higher by 41.60% compared to Q2 FY21. 
  • Zero Debt Company.
  • New expansion plan at Telangana is progressing as per the schedule.

 

 

Result PDF

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Get it on google Play Store Download on the App Store
market app