Kewal Kiran Clothing Limited (KKCL) AI Stock Analysis

• Market Cap: ₹31.90B
• Dividend Yield: 0.39%
• Average Volume (3M): 3.50K
• Price to Earnings (P/E): 24.6
• Beta (1Y): 0.73
• Revenue Growth: 28.67%
• EPS Growth: -20.77%
• Country: IN
• Employees: 1,919
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): 7.30
• Shares Outstanding: 61,625,183
• 10 Day Avg. Volume: 3,171
• 30 Day Avg. Volume: 3,502
• PEG Ratio: -3.15
• Price to Book (P/B): 3.58
• Price to Sales (P/S): 2.94
• P/FCF Ratio: -40.98
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹567.00 ▲(10.94% Upside)

Kewal Kiran Clothing Limited's overall stock score is primarily driven by its strong financial performance, despite some cash flow challenges. The technical analysis indicates bearish momentum, which negatively impacts the score. The valuation suggests moderate pricing, but the low dividend yield limits its attractiveness to income-focused investors.

Kewal Kiran Clothing Limited Business Overview & Revenue Model

Company Description

Kewal Kiran Clothing Limited manufactures, markets, and retails branded readymade garments and finished accessories in Asia, the Middle East, and the Commonwealth of Independent States. It offers casual and semi-formal for men and women; jeans, trousers, shirts, T-shirts, jackets, and pullovers; skirts, capris, shorts, dresses, tops, and tunics; and accessories, such as deodorants, watches, wallets, belts, and undergarments. The company distributes its products primarily under the Killer, Easies, LawmanPg3, Integriti, Addictions, and Desi Belle brand names through company-owned and operated, franchisee owned and operated, factory outlets, multi-brand outlets, and national chain stores, as well as e-commerce channels. It operates 219 K-Lounge, 136 exclusive brand outlets, and 1 factory outlet. Kewal Kiran Clothing Limited was founded in 1980 and is headquartered in Mumbai, India.

How the Company Makes Money

KKCL generates revenue through multiple channels, primarily by selling its branded apparel through a vast network of retail outlets, including exclusive brand stores and multi-brand outlets. The company also engages in online sales through various e-commerce platforms, expanding its reach to a broader audience. Key revenue streams include wholesale distribution, retail sales, and franchise operations. Furthermore, KKCL benefits from strategic partnerships with various retailers and distributors, enhancing its market penetration and brand visibility. The company capitalizes on seasonal fashion trends and promotional campaigns to drive sales, which are critical to its overall earnings.

Kewal Kiran Clothing Limited Financial Statement Overview

Summary

Kewal Kiran Clothing Limited exhibits strong financial health with consistent revenue growth and solid profitability margins. The balance sheet reflects a low-risk profile with minimal debt, although cash flow challenges due to increased capital expenditures and a recent dip in net income growth require careful management.

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	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.85B	9.98B	8.60B	7.74B	6.05B	3.03B
Gross Profit	3.99B	4.17B	3.69B	3.25B	2.46B	1.21B
EBITDA	2.52B	1.91B	2.14B	1.72B	1.17B	356.79M
Net Income	1.55B	1.49B	1.54B	1.19B	816.28M	198.02M
Balance Sheet
Total Assets	14.78B	14.26B	8.37B	8.17B	7.43B	5.82B
Cash, Cash Equivalents and Short-Term Investments	3.21B	2.79B	3.72B	2.97B	3.15B	2.76B
Total Debt	1.74B	1.64B	197.04M	659.83M	818.77M	498.58M
Total Liabilities	4.67B	4.35B	1.61B	2.70B	2.65B	1.49B
Stockholders Equity	8.39B	8.20B	6.76B	5.47B	4.78B	4.33B
Cash Flow
Free Cash Flow	0.00	-715.50M	1.26B	510.71M	463.77M	936.83M
Operating Cash Flow	0.00	136.50M	1.36B	750.77M	568.68M	967.07M
Investing Cash Flow	0.00	-1.84B	-99.80M	-178.69M	-20.63M	762.90M
Financing Cash Flow	0.00	-198.40M	-663.93M	-524.12M	-120.53M	-852.11M

Kewal Kiran Clothing Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 511.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• 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 511.1 is below the 20-day moving average (MA) of 531.17, below the 50-day MA of 537.40, and above the 200-day MA of 508.85, indicating a neutral trend. The MACD of -8.03 indicates Positive momentum. The RSI at 37.77 is Neutral, neither overbought nor oversold. The STOCH value of 12.04 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
SIYSIL	73 Outperform	₹37.52B	19.72	―	1.51%	16.27%	8.54%
CANTABIL	70 Outperform	₹20.64B	26.42	―	0.40%	19.90%	27.94%
KKCL	66 Neutral	₹31.90B	24.56	―	0.39%	28.67%	-20.77%
SPAL	64 Neutral	₹17.84B	18.26	―	0.30%	43.15%	5.38%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
KITEX	61 Neutral	₹40.95B	30.96	―	0.25%	49.50%	74.50%

Kewal Kiran Clothing Limited Corporate Events

Kewal Kiran Clothing Releases Q2 and H1 FY26 Earnings Call Transcript

Kewal Kiran Clothing Limited announced the release of the transcript from its Q2 and H1 FY26 earnings conference call, which took place on October 16, 2025. This conference call was aimed at investors, analysts, and the general public, providing insights into the company’s financial performance for the quarter ended September 30, 2025. The transcript is available on the company’s website, reflecting their commitment to transparency and stakeholder engagement.

Kewal Kiran Clothing Releases Q2 & H1 FY26 Financial Call Recording

Kewal Kiran Clothing Limited announced the availability of the audio recording of its conference call discussing the audited financial results for the second quarter and first half of the fiscal year 2026. This move aligns with regulatory requirements and enhances transparency for stakeholders by providing insights into the company’s financial performance.

Kewal Kiran Clothing Limited Reports Strong Financial Results

Kewal Kiran Clothing Limited has announced its audited financial results for the period ending on October 16, 2025. The company has reported a notable financial performance, reflecting its strategic initiatives and market positioning. The announcement provides insights into the company’s financial health and operational efficiency, which could have implications for stakeholders and investors.

Kewal Kiran Clothing Announces Trading Window Closure

Kewal Kiran Clothing Limited has announced the closure of its trading window in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. This closure will be in effect from October 1, 2025, until 48 hours after the company declares its audited financial results for the quarter ending September 30, 2025. This move is part of the company’s adherence to regulatory requirements, ensuring transparency and fairness in trading activities.

Kewal Kiran Clothing to Participate in ‘Build India, New India’ Investor Conference

Kewal Kiran Clothing Limited has announced its participation in the Antique’s Flagship Investor Conference, ‘Build India, New India,’ scheduled for August 22, 2025, in Mumbai. The event will feature one-on-one and group meetings with analysts and institutional investors, aiming to strengthen investor relations and provide insights into the company’s performance. The company has ensured that no unpublished price-sensitive information will be disclosed during the conference.