1. Is Kewal Kiran Clothing Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Kewal Kiran Clothing Ltd is a good quality company.
2. Is Kewal Kiran Clothing Ltd undervalued or overvalued?
The key valuation ratios of Kewal Kiran Clothing Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Kewal Kiran Clothing Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Kewal Kiran Clothing Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||20.9%||22.1%||20.5%||20.2%||17.5%||14.7%||15.2%||13.9%||4.8%||16.3%||-|
|Value Creation Index ⓘ||0.5||0.6||0.5||0.4||0.3||0.1||0.1||-0.0||-0.7||0.2||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||22.7%||11.5%||12%||-0.1%||-1.3%||9.2%||5.3%||-42.9%||100.7%||-|
|Adj EPS ⓘ||8.3||9.9||10.2||10.4||10.2||9.7||11.2||10.9||3.2||13.1||17.3|
|YoY Gr. Rt. %||-||18.5%||3.5%||1.7%||-1.9%||-4.6%||15.3%||-2.9%||-70.8%||313.2%||-|
|BVPS (₹) ⓘ||41.2||47.2||51.9||48.5||60.8||64.9||69.9||72.4||70.3||77.6||82.3|
|Adj Net Profit ⓘ||51.4||60.9||63||64.1||62.9||59.9||69.1||67.1||19.6||81||107|
|Cash Flow from Ops. ⓘ||66.2||42.2||75.3||46.9||80.1||55.6||-0.4||50.9||96.7||56.9||-|
|Debt/CF from Ops. ⓘ||0.2||0.3||0.2||0.6||0.5||0.9||-252.6||1.7||0.5||1.4||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||5.2%||5.2%||5.4%||313.2%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||21.4||22.4||20.7||20.7||18.7||15.5||16.7||15.3||4.5||17.8||21.7|
|Op. Profit Mgn % ⓘ||24.2||25||23.2||22.3||21.2||21.3||22.3||18||6.2||16.5||19.3|
|Net Profit Mgn % ⓘ||16.9||16.3||15.1||13.7||13.5||13||13.8||12.7||6.5||13.3||14.8|
|Debt to Equity ⓘ||0.1||0||0||0.1||0.1||0.1||0.2||0.2||0.1||0.2||0|
|Working Cap Days ⓘ||113||108||112||120||133||140||166||189||296||160||243|
|Cash Conv. Cycle ⓘ||59||61||65||69||78||86||115||139||193||108||119|
Return on Equity has increased versus last 3 years average to 21.70%
Sales growth is good in last 4 quarters at 49.12%
Sales growth has been subdued in last 3 years 6.51%
Net Profit has been subdued in last 3 years 5.41%
|TTM EPS (₹)||17.3||17.3|
|TTM Sales (₹ Cr.)||722||722|
|BVPS (₹.) ⓘ||82.3||82.2|
|Reserves (₹ Cr.) ⓘ||445||445|
|From the Market|
|52 Week Low / High (₹)||178.50 / 520.75|
|All Time Low / High (₹)||18.30 / 520.75|
|Market Cap (₹ Cr.)||3,011|
|Equity (₹ Cr.)||61.6|
|Face Value (₹)||10|
|Industry PE ⓘ||23.7|
Incorporated in 1981, Kewal Kiran Clothing Limited today is amongst the few large branded apparel manufacturers in India. The company with sales in Asia, Middle East and CIS, designs, manufactures and markets branded jeans, semi-formal and casual wear for men.
The company began as a manufacturer of menâ€™s wear for reputed brands. The company is exposed to global standards in quality, technology, marketing and branding. In 1989, the company introduced â€œKillerâ€œ the first international denim brand created in India. Today 'Killer' is one of the most successful and widely recognized brands in the Indian apparel industry.
Innovation has been the hallmark of Kewal Kiran Clothing Limited. A marriage of design and technology, the company has constantly introduced new fits, finishes and fabrics. The companyâ€™s own R & D team working closely with designers is constantly innovating â€“ creating an exciting array of product lines in a variety of fabrics, washes and cuts, using the latest in technology and processes. The companyâ€™s own manufacturing and processing set up enables it to have a speedy â€˜go-to-marketâ€™ time frame â€“ from design to production.
Fashion with 'Quality' is the cornerstone of each collection introduced by the company. The companyâ€™s strong fashion forecasting and trendsetting abilities have created brands which are vibrant, trendy and with an attitude. Each brand has been carefully crafted keeping in mind desires and attitudes of specific market segments. Each brand is an expression of its customer.
The trendiest collections are backed by a strong retail and distribution network. The companyâ€™s extensive reach has been built in a strategic and planned manner over the years.
The success of Kewal Kiran Clothing Limited can be attributed to a great extent to its manufacturing capacity. The company has inherent core competency in manufacturing. From sourcing to finishing every aspect of the companyâ€™s manufacturing has added to its success.
With 5 units, an annual capacity of 25 lakh pieces, over 800 employees, the latest technologies in jeans manufacturing, the companyâ€™s ability to innovate in manufacturing enables it to quickly go from design to market.
The company has chalked out plans for growth in manufacturing capacities to meet the growing markets for its brands internationally.
Product range of the company includes:
Jeans, Cotton Shirts, Jackets, Denim Shirts, Non-Cotton Shirts, Knitted T-Shirts, Cotton Trousers, Non-Cotton Trousers and Accessories like bags, belts, caps, etc.
Milestones of the company:
Kewal Kiran Clothing in May 2009 has raised funds to the tune of Rs 806 million by issuing 3.10 million equity shares of Rs 10 each at a premium of Rs 250 a share. The proceeds of the issue would be utilized for capital expenditure in setting up new manufacturing facilities, expansion of distribution network by opening additional exclusive outlets, building corporate office and to meet other general corporate purposes.