Kewal Kiran Clothing Ltd (Textiles - Readymade Apparel) — fundamental analysis, earnings data, and key metrics. PE: 19.0. ROE: 15.5%. This stock is not currently in the Nifty 500 momentum outperformers list.
Based on Q3 FY26 earnings • Updated Feb 28, 2026
What: KKCL targeting 1,500 crores in sales by FY28 with 60% from retail channels, store growth starting from FY27
Impact: +₹300 Cr revenue
“We have the number of stores growth should start happening from next year - Pankaj Jain”
What: Integrity and Lawman brands repositioned with sustainable gross margins at 42%
Impact: +₹150 Cr revenue
“Last year it was close to around 40%. But this year it's around 42%. I think that's a maintainable gross margin for us - Pankaj Jain”
What: Gaining traction in export markets through MBO's with EBO network expanded to 23
Impact: +₹50 Cr revenue
“Started getting good traction in MBO's export market and expanded EBO's network to 23 - Pankaj Jain”
Earnings deceleration risks from management commentary
Trigger: Growth rate below 15%
Impact: -100 bps margin impact
Management view: The base was lower and that's the reason. We feel that that's the most achievable number where we can sustain that growth as well as scale it - Pankaj Jain
Monitor: QoQ revenue growth rate
Trigger: New categories underperform
Impact: -150 bps margin impact
Management view: In parallel we continue to work on new initiatives including experimenting with ethnic wear and exploring new categories such as footwear and lifestyle accessories - Pankaj Jain
Monitor: Contribution of new categories to revenue
Key quotes from recent conference calls
“Apparel growth on consolidated basis was 16.6% year on year driven by robust consumer demand especially for our winters and enhanced market presentation — Pankaj Jain”
“Last year it was close to around 40%. Okay. But this year it's around 42%. I think that's a maintainable gross margin for us — Pankaj Jain”
“Broadly you know we are a domestic centric brand right now and we are able to, let's say the guidance is towards 15 to 20% sort of growth for next two, three years — Pankaj Jain”
“Started getting good traction in MBO's export market and expanded EBO's network to 23 — Pankaj Jain”
Forward-looking targets from management for 2-3 years
Revenue Growth Target
15%
OPM Guidance
20.9%
Key Milestones
• 1,500 crores in sales by FY28
• Store expansion starting from FY27
• Gross margin sustainable at 42%
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 28, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Kewal Kiran Clothing Ltd's latest quarterly results (Dec 2025) show
Kewal Kiran Clothing Ltd's current PE ratio is 19.0x.
Kewal Kiran Clothing Ltd's price-to-book ratio is 2.9x.
Kewal Kiran Clothing Ltd's fundamental strength based on key financial ratios
Kewal Kiran Clothing Ltd has a debt-to-equity ratio of N/A.
Kewal Kiran Clothing Ltd's return ratios over recent years
Kewal Kiran Clothing Ltd's operating cash flow is positive (FY2025).
Kewal Kiran Clothing Ltd's current dividend yield is 0.47%.
Kewal Kiran Clothing Ltd's shareholding pattern (Dec 2025)
Kewal Kiran Clothing Ltd's promoter holding has remained stable recently.
Kewal Kiran Clothing Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
Kewal Kiran Clothing Ltd has 3 key growth catalysts identified from recent earnings analysis
Kewal Kiran Clothing Ltd has 2 key risks worth monitoring
In Q3 FY26, Kewal Kiran Clothing Ltd's management highlighted
Kewal Kiran Clothing Ltd's management has provided the following forward guidance for 2-3 years
Based on quantitative research signals, here is why Kewal Kiran Clothing Ltd may be worth studying
Kewal Kiran Clothing Ltd investment thesis summary:
Kewal Kiran Clothing Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
