Khadim India Limited (KHADIM) AI Stock Analysis

• Market Cap: ₹4.80B
• Dividend Yield: N/A
• Average Volume (3M): 3.04K
• Price to Earnings (P/E): 91.2
• Beta (1Y): 0.58
• Revenue Growth: -16.46%
• EPS Growth: -2.38%
• Country: IN
• Employees: 780
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 0.46
• Shares Outstanding: 18,378,382
• 10 Day Avg. Volume: 1,053
• 30 Day Avg. Volume: 3,035
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹273.00
• Price Target Upside: 4.54% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 55 Neutral
• Price Target: ₹273.00 ▲(4.54% Upside)

Khadim India Limited's overall stock score is influenced primarily by its mixed financial performance and weak technical indicators. While improvements in cost management are noted, high leverage and inconsistent cash flow growth are concerns. The high P/E ratio suggests overvaluation, further impacting the overall score.

Khadim India Limited Business Overview & Revenue Model

Company Description

Khadim India Limited (KHADIM) is one of the leading footwear companies in India, known for offering a wide range of affordable and stylish footwear products. Established in 1981, the company operates primarily in the retail and distribution sectors, providing a diverse collection of footwear for men, women, and children. Khadim's product line includes casual shoes, formal shoes, sports shoes, and sandals, catering to various customer needs and preferences. With a strong retail presence across India, Khadim is committed to delivering quality footwear that combines comfort, durability, and fashion.

How the Company Makes Money

Khadim India Limited makes money through its extensive retail and distribution network, which forms the backbone of its revenue model. The company operates a large number of exclusive retail outlets across India, where it sells its branded footwear directly to consumers. Additionally, Khadim has a significant presence in the distribution sector, supplying its products to various multi-brand outlets and franchise partners. This dual-channel approach allows Khadim to capture a broad customer base and drive sales. Key revenue streams include direct sales from its stores, wholesale distribution to third-party retailers, and online sales through e-commerce platforms. Strategic partnerships and collaborations with franchisees further bolster its market reach, contributing to its overall earnings. The company's focus on providing value-for-money products helps maintain a loyal customer base, supporting sustainable revenue growth.

Khadim India Limited Financial Statement Overview

Summary

Khadim India Limited exhibits mixed financial performance. Improvements in cost management and equity growth are encouraging, but low net profit margins and high leverage remain challenges. While operating cash flow is healthy, consistent growth in free cash flow is needed. Continued focus on profitability and debt reduction will be crucial for future stability and growth.

Income Statement

Khadim India Limited shows fluctuating revenue with a decline in 2025 after a rise in 2024. Gross profit margins have improved since 2023, indicating better cost management, though net profit margins remain low due to high operating expenses. EBIT and EBITDA margins show a recovering trend, yet profitability needs to be sustained for stronger performance.

Balance Sheet

The company's debt-to-equity ratio indicates significant leverage, though it has improved slightly over time. Stockholders' equity has grown, enhancing the equity ratio, which is a positive sign of increasing shareholder value. However, the company still carries substantial debt, which could pose risks in volatile market conditions.

Cash Flow

Operating cash flow has increased, reflecting improved core business operations. Free cash flow is positive and growing, but the free cash flow growth rate has been inconsistent. The cash flow generation ability relative to net income shows potential for reinvestment, yet the company needs consistent cash flow growth to support long-term investments.

Breakdown	Mar 2025	Mar 2023	Mar 2024	Mar 2021	Mar 2022
Income Statement
Total Revenue	4.18B	6.60B	6.15B	6.18B	5.82B
Gross Profit	2.27B	1.24B	2.59B	1.52B	1.89B
EBITDA	768.81M	922.15M	826.92M	228.82M	654.64M
Net Income	50.60M	174.78M	62.78M	-329.44M	64.38M
Balance Sheet
Total Assets	7.61B	7.35B	7.32B	6.30B	6.51B
Cash, Cash Equivalents and Short-Term Investments	131.28M	64.30M	55.48M	12.46M	31.13M
Total Debt	2.95B	3.10B	3.21B	2.44B	2.42B
Total Liabilities	5.10B	5.10B	4.92B	4.30B	4.44B
Stockholders Equity	2.51B	2.25B	2.40B	2.01B	2.08B
Cash Flow
Free Cash Flow	551.27M	243.61M	410.37M	444.17M	223.36M
Operating Cash Flow	670.68M	393.77M	514.56M	478.33M	306.12M
Investing Cash Flow	-88.78M	198.73M	-95.30M	-20.67M	-138.29M
Financing Cash Flow	-415.31M	-627.98M	-505.10M	-445.37M	-417.83M

Khadim India Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 261.15
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KHADIM, the sentiment is Negative. The current price of 261.15 is below the 20-day moving average (MA) of 278.09, below the 50-day MA of 269.59, and below the 200-day MA of 268.62, indicating a bearish trend. The MACD of -2.33 indicates Positive momentum. The RSI at 40.65 is Neutral, neither overbought nor oversold. The STOCH value of 19.51 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:KHADIM.

Khadim India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LGBBROSLTD	71 Outperform	₹40.16B	13.16		1.43%	11.99%	6.85%
BATAINDIA	63 Neutral	₹145.77B	69.88		0.82%	0.60%	-36.73%
Sector *	61 Neutral	$17.22B	11.53	-5.99%	3.08%	1.40%	-15.51%
RELAXO	58 Neutral	₹107.94B	61.73		0.69%	-7.78%	-7.25%
KHADIM	55 Neutral	₹4.80B	91.21		―	-16.46%	-2.38%
LANDMARK	51 Neutral	₹19.73B	123.86		0.31%	22.43%	-72.08%