Kitex Garments Ltd, established in 1992 and led by Mr. Sabu M. Jacob, is a leading manufacturer and exporter of high-quality infant and children’s garments, catering to ages 0-24 months. Based in Kerala, India, the company supplies cotton and organic cotton babywear, including rompers, bodysuits, and sleepwear, to top markets in the United States and Europe. Equipped with advanced manufacturing facilities, Kitex ensures stringent quality standards and sustainable practices, focusing on eco-friendly production and ethical sourcing. Active in corporate social responsibility, the company supports community development, education, and healthcare, solidifying its role as a global leader in infant wear.
Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Jan 2025 | |
Promoters + | 56.66% | 56.66% | 56.66% | 56.66% | 56.66% |
FIIs + | 0.97% | 0.82% | 0.74% | 1.10% | 0.97% |
DIIs + | 0.00% | 0.00% | 0.00% | 0.40% | 0.60% |
Public + | 42.38% | 42.52% | 42.61% | 41.85% | 41.77% |
No. of Shareholders | 54,361 | 53,487 | 55,863 | 68,465 | 72,787 |
The shareholding pattern of Kitex Garments Ltd showcases a stable ownership structure over the reported period. As of March 2024, promoters held a consistent stake of 56.66%, which remained unchanged through to January 2025, reflecting strong promoter confidence in the company. Foreign Institutional Investors (FIIs) exhibited slight fluctuations, decreasing from 0.97% in March 2024 to 0.74% in September 2024, before increasing to 1.10% in December 2024, and stabilizing at 0.97% in January 2025. Domestic Institutional Investors (DIIs) showed progressive interest, rising from 0.00% in March 2024 to 0.60% by January 2025. The public holding saw a marginal decline, moving from 42.38% in March 2024 to 41.77% in January 2025, indicating increasing institutional interest. The number of shareholders grew significantly from 54,361 in March 2024 to 72,787 in January 2025, reflecting growing retail and institutional investor confidence in Kitex Garments.
Below are the trading platforms that you can use to purchase Kitex Garments shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
March 2025 | 208.77 | 160.59 |
April 2025 | 206.70 | 159.00 |
May 2025 | 200.68 | 154.37 |
June 2025 | 209.71 | 161.32 |
July 2025 | 205.60 | 158.15 |
August 2025 | 211.96 | 163.05 |
September 2025 | 214.50 | 165.00 |
October 2025 | 220.08 | 169.29 |
November 2025 | 225.58 | 173.52 |
December 2025 | 235.73 | 181.33 |
In 2025, the share price of Kitex Garments is expected to demonstrate consistent growth throughout the year. In March 2025, the maximum price is anticipated to reach ₹208.77, while the minimum price may settle at ₹160.59. As the year progresses, the shares of Kitex Garments are projected to see a steady upward trend, culminating in December 2025 with a maximum price of ₹235.73 and a minimum price of ₹181.33.
When | Maximum Price | Minimum Price |
January 2026 | 242.80 | 186.77 |
February 2026 | 236.73 | 182.10 |
March 2026 | 241.47 | 185.75 |
April 2026 | 246.40 | 189.54 |
May 2026 | 243.96 | 187.66 |
June 2026 | 250.06 | 192.35 |
July 2026 | 245.15 | 188.58 |
August 2026 | 252.74 | 194.41 |
September 2026 | 257.79 | 198.30 |
October 2026 | 264.49 | 203.46 |
November 2026 | 271.11 | 208.54 |
December 2026 | 277.88 | 213.76 |
As we move through 2026, the share price of Kitex Garments is expected to display a positive trajectory. In January 2026, the maximum price is projected to reach ₹242.80, while the minimum price may be around ₹186.77. As the year unfolds, the shares of Kitex Garments are anticipated to gain momentum, with December 2026 likely to see the maximum price climb to ₹277.88 and the minimum price settle at ₹213.76.
When | Maximum Price | Minimum Price |
January 2027 | 280.66 | 215.89 |
February 2027 | 287.86 | 221.43 |
March 2027 | 299.08 | 230.07 |
April 2027 | 293.22 | 225.55 |
May 2027 | 284.68 | 218.98 |
June 2027 | 297.49 | 228.84 |
July 2027 | 291.66 | 224.35 |
August 2027 | 300.68 | 231.29 |
September 2027 | 311.20 | 239.39 |
October 2027 | 319.29 | 245.61 |
November 2027 | 327.27 | 251.75 |
December 2027 | 335.46 | 258.04 |
When | Maximum Price | Minimum Price |
January 2028 | 342.17 | 263.20 |
February 2028 | 350.94 | 269.95 |
March 2028 | 364.63 | 280.48 |
April 2028 | 357.48 | 274.98 |
May 2028 | 347.06 | 266.97 |
June 2028 | 362.68 | 278.99 |
July 2028 | 355.57 | 273.52 |
August 2028 | 366.57 | 281.98 |
September 2028 | 379.40 | 291.84 |
October 2028 | 389.26 | 299.43 |
November 2028 | 398.99 | 306.92 |
December 2028 | 408.97 | 314.59 |
When | Maximum Price | Minimum Price |
January 2029 | 417.15 | 320.88 |
February 2029 | 427.84 | 329.11 |
March 2029 | 444.53 | 341.95 |
April 2029 | 435.81 | 335.24 |
May 2029 | 423.12 | 325.48 |
June 2029 | 442.16 | 340.12 |
July 2029 | 433.49 | 333.45 |
August 2029 | 446.90 | 343.77 |
September 2029 | 462.54 | 355.80 |
October 2029 | 474.56 | 365.05 |
November 2029 | 486.43 | 374.18 |
December 2029 | 498.59 | 383.53 |
When | Maximum Price | Minimum Price |
January 2030 | 508.56 | 391.20 |
February 2030 | 521.60 | 401.23 |
March 2030 | 541.94 | 416.88 |
April 2030 | 531.32 | 408.71 |
May 2030 | 515.84 | 396.80 |
June 2030 | 539.06 | 414.66 |
July 2030 | 528.49 | 406.53 |
August 2030 | 544.83 | 419.10 |
September 2030 | 563.90 | 433.77 |
October 2030 | 578.56 | 445.05 |
November 2030 | 593.03 | 456.17 |
December 2030 | 607.85 | 467.58 |
As we progress through 2030, the share price of Kitex Garments is expected to demonstrate consistent growth. In January 2030, the maximum price is projected to reach ₹508.56, while the minimum price may be around ₹391.20. Moving toward the end of the year, December 2030 is anticipated to witness the maximum price climbing to ₹607.85, with the minimum price settling at ₹467.58. This upward trend highlights the potential for sustained strength in Kitex Garments’ shares throughout the year.
Financial Condition of Kitex Garments
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 739 | 455 | 788 | 557 | 617 | 856 |
Expenses + | 607 | 355 | 618 | 496 | 516 | 672 |
Operating Profit | 132 | 100 | 171 | 61 | 101 | 184 |
OPM % | 18% | 22% | 22% | 11% | 16% | 22% |
Other Income + | 39 | 4 | 27 | 44 | 14 | 17 |
Interest | 7 | 3 | 4 | 4 | 7 | 12 |
Depreciation | 26 | 23 | 21 | 21 | 21 | 18 |
Profit before tax | 138 | 79 | 173 | 79 | 87 | 172 |
Tax % | 25% | 31% | 28% | 28% | 36% | |
Net Profit + | 103 | 54 | 125 | 57 | 56 | 124 |
EPS in Rs | 5.18 | 2.72 | 6.27 | 2.88 | 2.82 | 6.31 |
Dividend Payout % | 10% | 18% | 8% | 17% | 18% |
Kitex Garments has demonstrated a dynamic financial performance over recent years, with fluctuations in key metrics reflecting both challenges and growth opportunities. From March 2020 to the trailing twelve months (TTM), the company’s sales have seen a notable rise from ₹739 crore to ₹856 crore, driven by robust operations and market presence. Expenses have also increased, from ₹607 crore in March 2020 to ₹672 crore in TTM, showcasing the company’s ability to manage costs effectively despite scaling operations.
Operating profit has shown an upward trajectory, increasing from ₹132 crore in March 2020 to ₹184 crore in TTM, with the operating profit margin (OPM) improving from 18% in March 2020 to a strong 22% in TTM, signaling efficient operations. Net profit has also recovered significantly, from ₹103 crore in March 2020 to ₹124 crore in TTM, following a dip in previous years. The company’s earnings per share (EPS) has increased from ₹5.18 in March 2020 to ₹6.31 in TTM, reflecting better returns for shareholders.
Kitex Garments’ dividend payout percentage has varied over the years, peaking at 18% in both March 2021 and March 2024, demonstrating the company’s commitment to rewarding its investors while balancing reinvestment for growth. Overall, Kitex Garments showcases financial resilience and operational efficiency, positioning itself as a competitive player in the textile industry.
FAQs
What is the current valuation of Kitex Garments in the stock market?
Kitex Garments current market capitalization is an impressive ₹3,214 Crores.
As of March 2nd, 2025, the share price of Kitex Garments stands at ₹161.
What’s the investment outlook for Kitex Garments in 2025?
The 2025 outlook for Kitex Garments suggests a price range fluctuating between ₹154.37 to ₹235.73.
In 2030, the share price of Kitex Garments is forecasted to vary from ₹391.20 (minimum) to ₹607.85 (maximum).
What’s the recent trend in Kitex Garments return on equity (ROE)?
Kitex Garments ROE remains a challenge, yet there’s a slight improvement, reaching 6.33 %.
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Conclusion
Kitex Garments Ltd has established itself as a global leader in infant and children’s garments through its focus on quality, sustainability, and ethical practices. The company’s stable shareholding pattern, marked by consistent promoter confidence and increasing institutional interest, highlights its strong market position. With a promising financial performance, including growing sales, improved operating margins, and rising net profits, Kitex demonstrates resilience and operational efficiency. Share price projections for 2025 to 2030 indicate steady growth, making it an attractive investment prospect. Supported by advanced manufacturing, robust export markets, and commitment to corporate social responsibility, Kitex Garments is well-positioned for long-term success in the textile industry.
What did we learn?
- 1 Shareholdings Patterns of Kitex Garments
- 2 How to Purchase Kitex Garments Shares in India?
- 3 Kitex Garments Share Price Prediction: 2025, 2026 to 2030
- 4 Financial Condition of Kitex Garments
- 5 FAQs
- 5.1 What is the current valuation of Kitex Garments in the stock market?
- 5.2 What’s the latest price tag on a share of Kitex Garments?
- 5.3 What’s the investment outlook for Kitex Garments in 2025?
- 5.4 What’s the anticipated share value of Kitex Garments in 2030?
- 5.5 What’s the recent trend in Kitex Garments return on equity (ROE)?
- 6 Conclusion