Kewal Kiran Clothing Ltd. News and Updates

Name: Latest research reports of Kewal Kiran Clothing Ltd. authored by Anand Rathi and published by - Trendlyne research reports.
Item: Kewal Kiran Clothing Ltd.
Rating: 5
Author: Anand Rathi

Keep track of all breaking news on Kewal Kiran Clothing Ltd. from all sources in a single place.

Kewal Kiran Clothing Ltd.

14 Feb 2025

473.70

1.89%

Kewal Kiran Q3 Review Kraus Acquisition Drives Growth Amid Standalone Slowdown; Anand Rathi Retains 'Buy'

NDTV Profit

The brokerage retains Buy rating, with a lower target price of Rs 690, 15 times FY27e EV/Ebitda.

Kewal Kiran Clothing Ltd. has lost -22.83% in the last 3 Months

Kewal Kiran Clothing Ltd.

12 Feb 2025

473.70

1.89%

Kraus acquisition drives growth amid standalone slowdown; retaining a Buy

Buy: Kewal Kiran Clothing Ltd.

Target

Anand Rathi

Kewal Kiran’s Q3 revenue grew 27.5% y/y on Kraus’ acquisition. Standalone sales growth was muted at 0.8% y/y. Some of the revenue loss was on Lawman brand’s discontinuation from MBO channel.

Kewal Kiran Clothing Ltd. is trading below all available SMAs

Kewal Kiran Clothing Ltd.

10 Feb 2025

473.70

1.89%

to see Rapid results content

Kewal Kiran Clothing Ltd.

30 Nov 2024

473.70

1.89%

Better H2 expected on Kraus’ integration, retail expansion; retaining a Buy

Buy: Kewal Kiran Clothing Ltd.

Target

Anand Rathi

Kewal Kiran’s H1 revenue grew 4.2% y/y, led by Kraus’ acquisition, though standalone sales fell 8.3% y/y on weak demand.

Kewal Kiran Clothing Ltd. has lost -22.83% in the last 3 Months

Kewal Kiran Clothing Ltd.

28 Oct 2024

473.70

1.89%

to see Rapid results content

Kewal Kiran Clothing Ltd.

06 Jun 2024

473.70

1.89%

Kewal Kiran - Healthy Cashflow, Growing Presence In Women's Wear; Upgrading To A Buy: Anand Rathi

NDTV Profit

Acquiring a 50% stake in Kraus Casuals would aid the company's entry into women's denim/casual wear while Kewal Kiran will bring synergies through its distribution network, manufacturing capabilities

Kewal Kiran Clothing Ltd. is trading below all available SMAs

Kewal Kiran Clothing Ltd.

04 Jun 2024

473.70

1.89%

Healthy cashflow, growing presence in women’s wear; upgrading to a Buy

Buy: Kewal Kiran Clothing Ltd.

Anand Rathi

In line with our estimates, Kewal Kiran’s Q4 revenue grew 10% y/y, but the
19.3% EBITDA margin slightly lagged ARe. Better working capital led to
higher, Rs1.4bn/1.3bn, OCF/FCF generation (FY23 Rs0.8bn/0.5bn).

Kewal Kiran Clothing Ltd. is trading below all available SMAs

Kewal Kiran Clothing Ltd.

02 Jun 2024

473.70

1.89%

Kewal Kiran Clothing Q4 Results Review - Meeting Expectations; Acquisition To Boost TAM: ICICI Securities

NDTV Profit

Revenue from retail channel (53% contribution) grew 22% YoY while that from non-retail channel declined 1% YoY.

Kewal Kiran Clothing Ltd. has lost -27.36% in the last 6 Months

Kewal Kiran Clothing Ltd.

31 May 2024

473.70

1.89%

to see Rapid results content

Kewal Kiran Clothing Ltd.

30 May 2024

473.70

1.89%

Killer Jeans Maker Acquires Stake In Kraus

NDTV Profit

Kewal Kiran Clothing acquires 50% stake in Kraus for Rs 166.51 crore to enter women's denim segment, aiming to expand its presence in domestic and UAE markets.