Kewal Kiran Clothing Limited (KKCL) AI Stock Analysis

• Market Cap: ₹31.48B
• Dividend Yield: 0.39%
• Average Volume (3M): 4.72K
• Price to Earnings (P/E): 11.7
• Beta (1Y): 0.64
• Revenue Growth: 30.23%
• EPS Growth: 83.60%
• Country: IN
• Employees: 1,919
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Apparel - Manufacturers
• EPS (TTM): 5.10
• Shares Outstanding: 61,625,183
• 10 Day Avg. Volume: 3,474
• 30 Day Avg. Volume: 4,717
• 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: ₹579.00
• Price Target Upside: 13.34% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: ₹579.00 ▲(13.34% Upside)

Kewal Kiran Clothing Limited demonstrates strong financial performance with solid revenue growth and profitability. However, technical indicators suggest potential bearish trends, and cash flow challenges need addressing. The valuation is reasonable, but the modest dividend yield does not significantly enhance the stock's appeal.

Kewal Kiran Clothing Limited Business Overview & Revenue Model

Company Description

Kewal Kiran Clothing Limited (KKCL) is a prominent Indian apparel manufacturer and retailer known for its trendy clothing lines. Established in 1981, the company operates in the fashion and apparel industry, specializing in designing, manufacturing, and selling a diverse range of men's and women's clothing. KKCL's core products include denim wear, casual wear, and lifestyle apparel, marketed under popular brand names such as 'Killer', 'Easies', 'Lawman Pg3', and 'Integriti'. The company caters to a broad customer base through its extensive network of retail stores and online platforms, offering fashionable and quality garments.

How the Company Makes Money

KKCL generates revenue through the sale of its apparel products across multiple channels. The company's primary revenue stream comes from its extensive retail network, which includes exclusive brand outlets (EBOs), multi-brand outlets (MBOs), and large format stores (LFS) throughout India. Additionally, KKCL capitalizes on e-commerce by selling its products through its own online store and various third-party online marketplaces. The company enhances its market presence and revenue potential through strategic partnerships and collaborations with retail partners. Moreover, KKCL is involved in franchising, which expands its brand reach and contributes to its earnings. The company's focus on brand development, marketing, and maintaining a robust supply chain ensures a steady flow of income from its diverse product offerings.

Kewal Kiran Clothing Limited Financial Statement Overview

Summary

Kewal Kiran Clothing Limited shows strong revenue growth and profitability margins. The balance sheet indicates low leverage with a debt-to-equity ratio of 0.20 and a solid equity base. However, the company faces cash flow challenges due to high capital expenditures and a decline in net income growth, indicating potential cost management issues.

Income Statement

Kewal Kiran Clothing Limited has demonstrated strong revenue growth over the years, with a significant increase from 2024 to 2025. The gross profit margin and net profit margin show robust profitability, with the latest net profit margin at approximately 14.9%. The EBIT and EBITDA margins also indicate efficient operations. However, a slight decline in net income from 2024 to 2025 suggests potential challenges in cost management.

Balance Sheet

The company maintains a solid financial position, with a debt-to-equity ratio of 0.20 indicating low leverage. The equity ratio stands at approximately 57.5%, showing a strong equity base relative to total assets. Return on equity is healthy, reflecting effective use of shareholders' funds, although the increase in debt from 2024 to 2025 requires monitoring.

Cash Flow

The cash flow position shows some concerns with a negative free cash flow in 2025, primarily due to high capital expenditures. The operating cash flow to net income ratio is low, suggesting less cash generation from operations relative to net income. This could affect long-term liquidity if not addressed.

Breakdown	Mar 2025	Mar 2023	Mar 2024	Mar 2022	Mar 2021
Income Statement
Total Revenue	10.03B	7.74B	8.60B	6.05B	3.01B
Gross Profit	4.17B	3.25B	3.73B	2.46B	1.21B
EBITDA	1.91B	1.72B	2.14B	1.17B	210.10M
Net Income	1.49B	1.19B	1.54B	816.28M	198.02M
Balance Sheet
Total Assets	14.26B	8.17B	8.37B	7.43B	5.82B
Cash, Cash Equivalents and Short-Term Investments	2.79B	2.97B	3.72B	3.15B	2.76B
Total Debt	1.64B	659.83M	197.04M	818.77M	498.58M
Total Liabilities	4.35B	2.70B	1.61B	2.65B	1.49B
Stockholders Equity	8.20B	5.47B	6.76B	4.78B	4.33B
Cash Flow
Free Cash Flow	-715.50M	510.71M	1.26B	463.77M	936.83M
Operating Cash Flow	136.50M	750.77M	1.36B	568.68M	967.07M
Investing Cash Flow	-1.84B	-178.69M	-99.80M	-20.63M	762.90M
Financing Cash Flow	-198.40M	-524.12M	-663.93M	-120.53M	-852.11M

Kewal Kiran Clothing Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 510.85
• 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:KKCL, the sentiment is Negative. The current price of 510.85 is below the 20-day moving average (MA) of 549.82, below the 50-day MA of 534.17, and below the 200-day MA of 528.79, indicating a bearish trend. The MACD of -2.44 indicates Positive momentum. The RSI at 37.11 is Neutral, neither overbought nor oversold. The STOCH value of 6.64 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:KKCL.

Kewal Kiran Clothing Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KKCL	71 Outperform	₹31.48B	11.75		0.39%	30.23%	83.60%
SPAL	65 Neutral	₹20.57B	20.59		0.44%	28.31%	6.08%
SIYSIL	62 Neutral	₹26.09B	13.71		2.07%	12.74%	3.68%
CANTABIL	61 Neutral	₹20.67B	26.46		0.40%	19.03%	25.30%
Sector *	61 Neutral	$17.22B	11.53	-5.99%	3.08%	1.40%	-15.51%
KITEX	53 Neutral	₹33.97B	25.69		0.30%	49.50%	74.50%