Kitex Garments Limited (KITEX) AI Stock Analysis

• Market Cap: ₹33.06B
• Dividend Yield: 0.27%
• Average Volume (3M): 159.10K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.62
• Revenue Growth: 20.41%
• EPS Growth: -6.50%
• Country: IN
• Employees: 4,951
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): -0.47
• Shares Outstanding: 199,500,000
• 10 Day Avg. Volume: 88,365
• 30 Day Avg. Volume: 159,100
• PEG Ratio: 0.17
• Price to Book (P/B): 3.34
• Price to Sales (P/S): 3.51
• P/FCF Ratio: -7.46
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: ₹176.00 ▼(-3.64% Downside)
• Action: Reiterated Date: 01/28/26
• Date: Action: Reiterated 01/28/26

The score is primarily supported by strong recent growth and solid profitability, but is held back by negative free cash flow and rising leverage. Technically, momentum is mixed with a negative MACD and the stock below key longer-term moving averages. Valuation is a further headwind due to a high P/E and low dividend yield.

Positive Factors

Profitability & Margins

Kitex reports durable, above-industry operating profitability: high gross and EBITDA margins plus a healthy net margin. These margins indicate operational scale and cost control in manufacturing, supporting sustained cash generation potential and resilience versus input cost swings over months.

Negative Factors

Negative Free Cash Flow & Leverage Risk

Negative free cash flow combined with increasing debt levels constrains financial flexibility. Over a 2-6 month horizon this raises refinancing and liquidity risk, limits capacity for opportunistic investment or buffer against order slowdowns, and elevates sensitivity to interest or working capital shocks.

Kitex Garments Limited Business Overview & Revenue Model

Company Description

Kitex Garments Limited, together with its subsidiaries, manufactures and sells fabric and readymade garments in India. It primarily offers infant wear comprising body suits; rompters and skirts; burps; sleepsuits; tops and dresses; bibs; sleepwear...

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Kitex Garments Limited, together with its subsidiaries, manufactures and sells fabric and readymade garments in India. It primarily offers infant wear comprising body suits; rompters and skirts; burps; sleepsuits; tops and dresses; bibs; sleepwear...

How the Company Makes Money

KITEX primarily makes money by manufacturing and exporting infant and children’s garments for overseas customers. Revenue is generated mainly from (1) sale of finished garments produced to customer specifications (typically as export orders) and (...

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KITEX primarily makes money by manufacturing and exporting infant and children’s garments for overseas customers. Revenue is generated mainly from (1) sale of finished garments produced to customer specifications (typically as export orders) and (...

Kitex Garments Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	8.95B	9.83B	5.77B	5.36B	7.46B	4.28B
Gross Profit	4.43B	3.86B	951.52M	2.92B	3.70B	2.29B
EBITDA	1.67B	2.19B	1.13B	1.04B	1.96B	1.04B
Net Income	932.92M	1.39B	563.31M	575.54M	1.25B	542.73M
Balance Sheet
Total Assets	27.42B	25.87B	19.25B	11.34B	9.94B	7.87B
Cash, Cash Equivalents and Short-Term Investments	1.56B	393.97M	498.13M	455.23M	1.08B	1.04B
Total Debt	11.84B	10.82B	6.81B	250.00M	730.65M	0.00
Total Liabilities	15.29B	13.77B	8.93B	1.57B	1.82B	916.68M
Stockholders Equity	10.42B	10.33B	9.05B	8.58B	8.12B	6.96B
Cash Flow
Free Cash Flow	-329.79M	-4.62B	-6.55B	-1.21B	-241.14M	1.07B
Operating Cash Flow	2.15B	429.43M	-382.55M	2.95B	29.98M	1.16B
Investing Cash Flow	-2.61B	-4.56B	-6.07B	-4.14B	-610.15M	-84.08M
Financing Cash Flow	934.10M	4.03B	6.50B	570.24M	599.07M	-987.74M

Kitex Garments Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 182.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KITEX, the sentiment is Neutral. The current price of 182.65 is above the 20-day moving average (MA) of 160.10, above the 50-day MA of 176.00, and below the 200-day MA of 200.58, indicating a neutral trend. The MACD of -4.84 indicates Negative momentum. The RSI at 52.76 is Neutral, neither overbought nor oversold. The STOCH value of 75.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:KITEX.

Kitex Garments Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ARVIND	69 Neutral	₹100.44B	21.31	―	1.18%	8.84%	41.74%
SPAL	67 Neutral	₹19.63B	16.32	―	0.28%	34.25%	28.44%
RAJRATAN	66 Neutral	₹19.73B	28.57	―	0.42%	7.76%	-21.05%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
KITEX	59 Neutral	₹33.06B	-96.49	―	0.27%	20.41%	-6.50%
GOKEX	56 Neutral	₹47.89B	92.98	―	―	22.27%	7.09%
ALOKINDS	40 Neutral	₹66.19B	-9.11	―	―	-20.02%	25.52%