KG Denim Ltd Stock Analysis

BSE: 500239 | NSE: KGDENIM | Textile - Weaving | Small Cap

BSE Share Price 27-Jan-2023 18:01
28.05 -1.90 (-6.34%)

DeciZen - Make an Informed Decision on KG Denim

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KG Denim Price Chart

P/E Ratio ( SA) :
0.00
Market Cap :
76.8 Cr.
52-wk low :
27.2
52-wk high :
71.7
Bole Toh?

1. Is KG Denim Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that KG Denim Ltd is a average quality company.

2. Is KG Denim Ltd undervalued or overvalued?

The key valuation ratios of KG Denim Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is KG Denim Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of KG Denim Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of KG Denim:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
KG Denim Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 20%14.1%9.7%18.4%18.8%8.8%10.1%-0.3%3.2%2.9%-
Value Creation Index 0.40-0.30.30.3-0.4-0.3-1.0-0.8-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 515592592652618635693493413586628
YoY Gr. Rt. %-15%-0%10.1%-5.2%2.8%9.1%-28.9%-16.1%41.8%-
Adj EPS 62.60.16.89.11.64.3-6.5-2.3-3.2-5.1
YoY Gr. Rt. %--56.9%-98.1%13560%33.4%-82.6%172.3%-250.8%NANA-
BVPS (₹) 24.726.423.931.240.542.144.637.735.933.130.2
Adj Net Profit 15.46.60.117.523.44.111.1-16.7-5.8-8.3-13
Cash Flow from Ops. 49.748.951.656.367.341.22628.1221.6-
Debt/CF from Ops. 2.42.632.51.73.77.36.8111.110.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.5%-1%-5.4%41.8%
Adj EPS -193.4%-181.3%-190.7%NA
BVPS 3.3-4-9.4-7.8
Share Price 7.4% -15.7% 1.4% -58.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 27.110.10.224.825.43.810-15.9-6.2-9.4-16
Op. Profit Mgn % 11.28.28.212.612.26.88.1464.42.5
Net Profit Mgn % 31.102.73.80.61.6-3.4-1.4-1.4-2.1
Debt to Equity 1.91.92.51.81.11.41.722.42.60.7
Working Cap Days 119118125118129143140194239180188
Cash Conv. Cycle 221818203440395665610

Recent Performance Summary

Sales growth is good in last 4 quarters at 17.39%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -5.42%

Debt to equity has increased versus last 3 years average to 2.58

Latest Financials - KG Denim Ltd.

Standalone Consolidated
TTM EPS (₹) -5.1 -5.4
TTM Sales (₹ Cr.) 628 653
BVPS (₹.) 30.2 25.7
Reserves (₹ Cr.) 52 40
P/BV 0.99 1.16
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 27.15 / 71.70
All Time Low / High (₹) 1.75 / 111.25
Market Cap (₹ Cr.) 76.8
Equity (₹ Cr.) 25.6
Face Value (₹) 10
Industry PE 13.5

Management X-Ray of KG Denim :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of KG Denim

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

KG Denim Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of KG Denim on 27-Jan-2023 18:01 is : 28.05.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-Jan-2023 18:01 the market cap of KG Denim stood at ₹ 76.79.
The latest PE ratio of KG Denim as of 27-Jan-2023 18:01 is 0.00.
The latest PB ratio of KG Denim as of 27-Jan-2023 18:01 is 0.99
The 52-week high of KG Denim is ₹ 71.70 and the 52-week low is ₹ 27.15.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of KG Denim is ₹ 628.5 ( Cr.) .

About KG Denim Ltd

K G Denim Ltd. (KGDL) was incorporated on June 25, 1992 under the Companies Act, 1956. KGDL has its registered office at Then Thirumalai, Mettupalayam, Coimbatore District, Tamil Nadu. The company was promoted by K. Govindaswamy Naidu  and his sons including KG Baalakrishnan and went public in the year 1993.

KGDL is a premier denim and apparel fabric manufacturer, whose products are supplied to leading jeans wear makers, fashion brands and retailers worldwide. It sells its products under the trade mark Indigo Fabrics with various lines like Strength, Pride, Ecstasy, Fortune and Passion and Trigger for readymade jeans. KGDL has recently entered the home textiles market to provide innovative and specialized products for beds, blankets, pillow cases and duvet/ comforter covers.

The company has two wholly owned subsidiaries (a) Trigger Apparels Limited (b) K G Denim (USA) Inc. K G Denim (USA) Inc is yet to commence commercial operations. Trigger Apparels Limited markets Trigger branded garments in the domestic market. It commenced operations in the domestic marketing during 2005-06

The products are well sought after by leading Jeanswear makers, fashion brands and Retailers worldwide. KG Denim sells its products under the trade mark Indigo Fabrics, with various lines like Strength, Pride, Ecstasy, Fortune and Passion.

KG Denim now has entered the home textiles market to provide innovative and specialized products for Beds, Blankets, pillow cases and Duvet/comforter covers.

KG Denim is part of textile group having annual turnover of $150 million and the company currently manufactures

  • 24 million meters of denim fabrics
  • 12 million meters of cotton fabrics
  • 2 million equivalent sheetsets of made-ups
  • 3 milllion jeans & trousers.

KG Denim has spinning equipments from Trutzchler & Lakshmi Rieter to produce some of the most demanding yarns required to weave fashion fabric for various applications.

Product range of the company includes:

  • Denim fabric
  • Apparel fabric
  • Jeanswear
  • Bed & Bath

Trigger, its jeans wear brand is the largest selling brand in the country in its segment.

Achievements/ recognition:

  • ISO 9001:2000 certified
  • ISO 14001:2004 certified.
  • Oeko-Tex-tested for harmful substances
  • Lycra Accredited Mill
  • Organic Certification-GOTS
  • Organic Exchange.
  • The first textile processing company in India to achieve EMS 14001 during the year 1998 towards Environment Management System.
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