Name: Latest research reports of Khadim India Ltd. authored by Dolat Capital and published by - Trendlyne research reports.
Item: Khadim India Ltd.
Rating: 5
Author: Dolat Capital

Khadim India Ltd.

NSE: KHADIM | BSE: 540775 | ISIN: INE834I01025 | Industry: Footwear
| Slowing Down Stock

291.7000 -4.90 (-1.65%)

NSE Apr 17, 2025 15:31 PM

33.70% Fall from 52W High

Volume: 35,017

Khadim India Ltd.

05 Nov 2018

291.70

-1.65%

Khadim India

Buy: Khadim India Ltd.

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. is trading below all available SMAs