Khadim India Ltd.

NSE: KHADIM | BSE: 540775 | ISIN: INE834I01025 | Industry: Footwear
| Mid-range Performer
263.8000 -1.37 (-0.52%)
NSE Sep 26, 2025 15:31 PM
Volume: 45,056
 

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Khadim India Ltd.
05 Nov 2018
263.80
-0.52%

Khadim India

Dolat Capital
Khadim's Q2FY19 revenues beat our estimates, but EBITDA and APAT came below our estimate. The revenue growth in retail business was at 7% below the company's target of 10-14% primarily due to (1) decline in footfalls (25-30% decline in H1FY19) (2) de-growth in SSSG at 2% and (3) delay in price hikes. The distribution business posted 32% sales growth but GM were impacted due to significant delay in price pass on. The company gained institutional contract from UP government worth ` 350mn which helped the top-line to grow. Going ahead, we believe that the company would regain its lost momentum with (1) Penetration into new geographies...
Khadim India Ltd. has lost -32.74% in the last 1 Year
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