KKCLConsumer Discretionary

Kewal Kiran Clothing Limited

Garments & Apparels · ISIN INE401H01017 · BSE 532732 · NSE EQ · FV ₹10
Last price
₹434
+0.54%today
What this company does

Kewal Kiran Clothing Limited operates in Garments & Apparels, part of the Consumer Discretionary sector. It booked ₹373 cr of revenue in its latest quarter (Q2 FY27) and kept 13.1% of sales as profit. It is the 7th largest of 9 Garments & Apparels companies we track, by market value.

“brand marks a significant milestone. This transformation is reflected in About Us 06 our expanding and balanced product Our Journey to a Lifestyle Brand 08 portfolio, designed to meet the diverse Product Portfolio 10 preferences of today's consumers. Our Our Strengths 12 established brand portfolio stands as a testament to our ability to adapt and thrive in a dynamic market.”
In the report:
75out of 100
Equitytale Health Score
Solid

Healthier than 75% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 69–428 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
42

At close. Not part of the score.

Profitability & returns85

How much profit it earns on the money it employs

Balance sheet82

How much it owes, and whether earnings cover the interest

Cash quality64

Whether reported profit actually arrives as cash

Growth & consistency75

Whether sales and profit have grown, and how steadily

Valuation43

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 5% vs last year
✓ Profit up 9% vs last year
✓ Promoters hold 74%
✓ No promoter shares pledged
✓ Strong 19% return on equity
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in KKCL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹434▲ +0.54%
latest close · 2026-11-04
1-year return
+119.9%
52-wk low ₹18052-wk high ₹568
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio13.8Low
LowAverageHigh
P/B ratio2.66Moderate
Below bookModerateHigh
EV / EBITDA7.1Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity19.4%Strong
WeakFairStrong ▸15%
Return on capital23.6%Strong
WeakFairStrong
Net margin13.1%Decent
ThinDecentStrong
EBITDA margin23.3%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.04Comfortable
LowModerateHigh ▸1
Interest cover25.0×Strong
RiskyOkayStrong ▸5×
Current ratio3.25Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹2,691 cr
Book value
₹163
EPS
₹7.84
latest quarter
Net debt
₹-211 cr
more cash than debt
Enterprise value
₹2,480 cr
EBITDA
₹348 cr
annualised
EBIT
₹300 cr
annualised
Operating margin
20.1%
Return on assets
12.2%
Earnings yield
7.22%
P/S
1.80
Sales / share
₹240.6
Tax rate
25.0%
Face value
₹10
Shares
6.2 cr
Working capital
₹759 cr
Current assets
₹1,096 cr
Current liabilities
₹337 cr
Delivery %
58.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2024 report & filings
not investment advice
Looks overpricedHigh confidence
Median of 3 models ₹265 vs market price ₹434 — price is 64% above it
Safety cushion-63.6%(target ≥ +20%)
Models span ₹237–₹462, midpoint ₹265
Model ₹265
Price ₹434
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹373 cr
Other Income₹7 cr
Total Income₹380 cr
Cost of Materials₹191 cr
Purchases of Stock-in-Trade₹9 cr
Inventory Change (±)₹-24 cr
Employee Benefit Expense₹48 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹12 cr
Other Expenses₹69 cr
Total Expenses₹308 cr
Profit before Tax₹72 cr
Tax Expense₹18 cr
Net Profit₹54 cr
Net margin on total income14.2%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹176 cr46.3%
Employee benefit expense₹48 cr12.6%
Finance costs₹3 cr0.8%
Depreciation & amortisation₹12 cr3.2%
Other expenses₹69 cr18.2%
Tax expense₹18 cr4.7%
Profit for the period₹54 cr14.2%
Total income ₹380 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue324 cr279 cr373 cr
Total income324 cr292 cr380 cr
Expenses277 cr241 cr308 cr
Profit before tax47 cr51 cr72 cr
Tax13 cr10 cr18 cr
Net profit (owners' share)31 cr38 cr49 cr
Net margin (owners' share, on revenue)9.6%13.6%13.1%
EPS (₹)5.036.017.84
YoY (latest quarter): total income +5.3% · net profit +9.2%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹1,610 cr
Shareholder equity
₹1,012 cr
parent shareholders
Total debt
₹46 cr
Cash
₹257 cr
Cash flow · H1 FY27
Operating
₹66 cr
Investing
₹37 cr
Financing
₹-25 cr
Peer comparison
Garments & Apparels · by market value
CompanyPriceMarket capP/E
Page Industries Limited₹35,280₹39,351 cr51.0
Arvind Limited₹502₹13,646 cr22.6
Pearl Global Industries Limited₹1,267₹5,852 cr14.6
Gokaldas Exports Limited₹708₹5,189 cr29.3
Lux Industries Limited₹1,162₹3,638 cr36.6
SBC Exports Limited₹67₹3,177 cr69.5
Kewal Kiran Clothing Limitedthis company₹432₹2,677 cr13.8
Kitex Garments Limited₹133₹2,658 cr39.7
S. P. Apparels Limited₹851₹2,140 cr21.5
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.92%
trailing 12 months
Dividend / share (TTM)
₹4
Last dividend
₹2
ex 14 May 2026
ActionDetailEx-date
Dividend₹2 / share14 May 2026
Dividend₹2 / share16 Feb 2026
Dividend₹2 / share16 May 2025
Dividend₹2 / share2 Feb 2024
Dividend₹2 / share11 May 2023
Dividend₹3 / share4 Nov 2022
Who owns it · 2026-09-30
No pledge
Promoter
74.3%
FII / Foreign
2.4%
DII / Domestic
8.4%
Retail / others
14.9%
Smart-money activity
Insider trades
BoughtM/s Kewal Kiran Finance Private Limited · Promoter Group9,001 · ₹39.8 L27 Mar 26
BoughtM/s Kewal Kiran Finance Private Limited · Promoter Group3,985 · ₹21.1 L18 Feb 25
BoughtM/s Kewal Kiran Finance Private Limited · Promoter Group6,015 · ₹32.5 L17 Feb 25
Bulk / block deals
SoldGRAVITON RESEARCH CAPITAL LLP · NSE3.34 L @ ₹793.2325 Oct 23
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE3.34 L @ ₹791.1125 Oct 23
SoldM/S. PRARTHANA ENTERPRISES · NSE1.04 L @ ₹1,005.7314 Oct 21
Stake changes
SoldNALANDA INDIA FUND LIMITED→ 0.00% · 8.79 L11 Oct 21
SoldSBI Mutual Fund Under its various schemes→ 3.34% · 36,7014 Oct 21
BoughtSBI Mutual Fund under its Various schemes→ 5.56% · 2.95 L22 Jan 19
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 24 Sep 2026
See the official result
1
1 - To receive, consider and adopt the Standalone and Consolidated Financial Statements of the Company for the year ended March 31, 2026 including the Audited Balance Sheet as on March 31, 2026 and the Statement of Profit and Loss Account for the financial year ended March 31, 2026 together with the report of the Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
64.49 L votes for, 16 against · 0% of mutual funds and other big investors said no
2
2 - To appoint Mr. Dinesh Jain (DIN: 00327277) who retires by rotation and being eligible, offers himself for re-appointment
Backed by 100% of shareholders other than promotersneeded 50%
65.27 L votes for, 8,290 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 15 named members
owning 51.3% between them · as of 2026-09-30
Shantaben P Jain49.92%
Dinesh P Jain0.13%
Hemant P Jain0.13%
Hitendra H Jain0.13%
Kesar V Jain0.13%
Kewalchand P Jain0.13%
Lata H Jain0.13%
Pankaj K Jain0.13%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.