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KG Denim Ltd (KGDENIM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500239 NSE: KGDENIM Textile - Weaving | Small Cap | KG Denim Share Price

₹15.99 0.25 (1.59%)

As on 10-Jun'26 16:01

KG Denim Ltd (KGDENIM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500239 NSE: KGDENIM Textile - Weaving | Small Cap | KG Denim Share Price

₹15.99 0.25 (1.59%)

As on 10-Jun'26 16:01

Key Metrics
Valuation Multiples
Market Cap
₹40 Cr.
Current Price
₹16
52-Week Low / High
₹13 / 25
TTM EPS
₹0.6
TTM Sales
₹20 Cr.
Book Value per Share
₹2.1
P/E Ratio
28.28
Industry PE
17.3
Price to Book (P/B)
7.44
Higher than its 5-year historical median
Price to Sales (P/S)
2.02
Higher than its 5-year historical median
EV/EBITDA
9.47
In line with its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-182.34%
Underperforms industry median
Return on Capital Employed (ROCE)
-7.72%
Underperforms industry median
Return on Assets (ROA)
-10.17%
Operating Profit Margin
-75.8%
Net Profit Margin
-72.92%
Gross Profit Margin
-118.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-80.81%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
58.74%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-20 Cr.
Equity
₹25.6 Cr.
Face Value
₹10
All Time Low / High
₹1.75 / 111.25

KG Denim stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is KG Denim Ltd a good quality company?
KG Denim Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does KG Denim Ltd performance compare with that of its Peers?
Q.1 Revenue growth of KG Denim Ltd vs industry peers?
KG Denim Ltd revenue CAGR is -36.92%, compared to the industry median CAGR of 0.00%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of KG Denim Ltd?
Promoters hold 58.74% of the KG Denim Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of KG Denim Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -16.8% based on the current price.

10 Year X-Ray : Login to view analysis.

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

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 31%29.5%13.8%14.3%-0.3%3.9%5.4%-5.2%-4.5%-7.7%-
Value Creation
Index
1.21.10.00.0-1.0-0.7-0.6-1.4-1.3-1.6-

Growth Parameters

Sales 65261863569349341358651125649.220
Sales YoY Gr.--5.2%2.8%9.1%-28.9%-16.1%41.8%-12.8%-49.8%-80.8%-
Adj EPS 6.89.11.64.3-6.5-2.3-3.2-11.1-10.6-19.70.6
YoY Gr.-33.4%-82.6%172.3%-250.8%NANANANANA-
BVPS (₹) 31.240.542.144.637.735.933.122.913.81.62.1
Adj Net
Profit
17.523.44.111.1-16.7-5.8-8.3-28.5-27.2-50.41
Cash Flow from Ops. 56.367.341.22628.1221.65110.2-4.7-
Debt/CF from Ops. 2.51.73.77.36.8111.110.23.820.5-46.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -25%-36.9%-56.2%-80.8%
Adj EPS -212.5%NANANA
BVPS-28.3%-47.1%-63.9%-88.7%
Share Price -15.5% -16.7% -16.8% -6.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
24.825.43.810-15.9-6.2-9.4-39.7-57.9-256.130.5
Op. Profit
Mgn %
12.612.26.88.1464.4-0.7-0.9-75.852.5
Net Profit
Mgn %
2.73.80.61.6-3.4-1.4-1.4-5.6-10.6-102.57.2
Debt to
Equity
1.81.11.41.722.42.63.35.95449.5
Working Cap
Days
1181291431401942391801943511,581863
Cash Conv.
Cycle
203440395665615177629211

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales651.73617.69634.94692.87492.53413.34586.19511.06256.4349.21
Operating Expenses + 569.53542.48591.65636.94472.68388.93560.14514.37258.9286.51
Manufacturing Costs116.95113.08115.75145.97134.5693.31117.31110.8368.4718.66
Material Costs390.53364.99411.89399.39258.08226.31356.88325.42126.7639.35
Employee Cost 31.8537.2634.3154.425142.6354.3450.0942.1720.89
Other Costs 30.2027.1529.7037.1729.0526.6731.6128.0121.527.61
Operating Profit 82.2075.2143.2955.9219.8624.4226.05-3.31-2.49-37.30
Operating Profit Margin (%) 12.6%12.2%6.8%8.1%4.0%5.9%4.4%-0.6%-1.0%-75.8%
Other Income + 6.073.793.732.943.032.506.114.573.277.85
Exceptional Items 000-1.63-4.500002.5720.40
Interest 32.4126.0324.3524.9922.6621.9324.3322.3023.9128.89
Depreciation 20.4813.7813.9216.8319.2315.4115.6415.7214.578.87
Profit Before Tax 35.3839.208.7615.42-23.51-10.43-7.82-36.76-35.14-46.81
Tax 14.2614.622.934.44-7-4.54-0.76-9.37-9.88-10.93
Profit After Tax 21.1224.585.8310.97-16.51-5.88-7.05-27.39-25.26-35.88
PAT Margin (%) 3.2%4.0%0.9%1.6%-3.4%-1.4%-1.2%-5.4%-9.9%-72.9%
Adjusted EPS (₹)8.29.62.34.3-6.4-2.3-2.8-10.7-9.9-14.0
Dividend Payout Ratio (%)9.10%7.80%33%17.50%0%0%0%0%0%0%

Valuation of KG Denim - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 80.03103.98107.98114.3596.7692.1484.9758.6035.374.01
Share Capital 25.6725.6725.6725.6525.6525.6525.6525.6525.6525.65
Reserves 54.3778.3282.3188.7071.1166.4959.3232.959.72-21.64
Debt +122.1897.01132.87169.83178.18189.71185.96166.90182.59216.47
Long Term Debt51.3932.7450.5969.0663.7483.5770.5944.9432.45155.63
Short Term Debt70.7964.2782.28100.77114.44106.14115.37121.96150.1460.84
Minority Interest0000000000
Trade Payables113.37125.75154.14127.99139.57128.09143.53135.24147.0482.61
Others Liabilities 57.5252.3973.2358.5242.9050.7556.5340.4928.199.43
Total Liabilities 373.11379.14468.22470.69457.41460.69470.99401.23393.18312.51

Fixed Assets

Net Fixed Assets +131.55129.86167.65166.21185.15172.82163.94151.07137.14128.35
Gross Block315.21142.30194.01209.39247.56249.62256.16258.12258.40255.97
Accumulated Depreciation183.6512.4426.3543.1862.4076.8192.22107.05121.25127.63
CWIP 8.448.833.7630.35000000
Investments 7.837.837.817.813.293.283.293.293.313.31
Inventories107.76120.49143.73130.24127.17127.21154.0592.6394.8961.10
Trade Receivables74.3276.8092.6585.7484.8197.2589.5999.5095.3362.98
Cash Equivalents 9.4310.6114.417.984.407.154.153.323.683.54
Others Assets 33.7624.7238.2042.3652.5852.9955.9851.4258.8353.24
Total Assets 373.11379.14468.22470.69457.41460.69470.99401.23393.18312.51

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 56.2967.2641.2425.9528.091.9521.5851.0110.16-4.68
PBT 35.3838.798.7615.42-23.51-10.43-7.82-36.76-37.71-67.21
Adjustment 50.6139.8638.2542.8645.0538.2639.2136.2436.9136.18
Changes in Working Capital -26.433.8-3.91-27.266.29-25.89-9.8151.538.46.95
Tax Paid -3.27-15.20-1.86-5.070.260000-1
Cash Flow From Investing Activity + -6.18-13.71-49.09-34.25-7.94-3.47-2.71-2.93-1.177.12
Capex -3.69-12.56-46.65-41.97-7.81-3.08-5.88-2.53-1.10-0.03
Net Investments -2.49-1.14-2.447.78-0.14-0.390.02-0.01-0.012.98
Others 000-0.06003.14-0.40-0.064.18
Cash Flow From Financing Activity + -48.89-53.529.199.65-23.883.96-21.75-48.41-8.690.40
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -12.30-18.6517.8418.48-13.2519.83-6.41-32.70-12.49144.18
Interest Paid -32.41-26.03-24.35-24.99-22.66-21.93-24.30-22.30-23.91-28.89
Dividend Paid -1.92-1.92-1.92-1.92-1.9200000
Others -2.25-6.9117.6218.0913.956.058.966.5927.72-114.89
Net Cash Flow 1.220.031.341.36-3.732.43-2.88-0.340.302.85

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)29.9126.725.59.87-15.64-6.23-7.97-38.17-53.77-182.34
ROCE (%)3129.4713.814.32-0.293.875.39-5.21-4.54-7.72
Asset Turnover Ratio1.751.641.51.481.060.91.261.170.650.14
PAT to CFO Conversion(x)2.672.747.072.37N/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days32.5044.7048.704763.2080.4058.2067.50138.70587.20
Inventory Days64.8067.4075.9072.2095.40112.3087.6088.10133.50578.50
Payable Days111.40119.60124128.90189.20215.90138.90156.30406.401,065

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

KG Denim Ltd FAQs

The current trading price of KG Denim on 10-Jun-2026 16:01 is ₹15.99.

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 09-Jun-2026 the market cap of KG Denim stood at ₹40.35 Cr

The latest P/E ratio of KG Denim as of 09-Jun-2026 is 28.28.

The latest P/B ratio of KG Denim as of 09-Jun-2026 is 7.44.

The 52-week high of KG Denim is ₹24.80 and the 52-week low is ₹12.51.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of KG Denim is ₹20.00 ( Cr.) .

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

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

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.

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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