Kitex Garments Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 6.65 Cr
- Company Age 32 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,218.00 Cr
- Satisfied Charges ₹ 399.52 Cr
- Revenue Growth 75.79%
- Profit Growth 114.15%
- Ebitda 70.22%
- Net Worth 16.26%
- Total Assets 25.34%
About Kitex Garments
Kitex Garments Limited (KGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 May 1992 and has a history of 32 years and eight months. Its registered office is in Ernakulam, Kerala, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 521248 and on the National Stock Exchange(NSE) under KITEX.
The Company is engaged in the Fashion And Textile Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 6.65 Cr.
The company currently has active open charges totaling ₹2,218.00 Cr. The company has closed loans amounting to ₹399.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Kitex Garments Limited India are Boby Michael as CFO and Dayana Joseph as Company Secretary. Sabu Jacob, Chenakkott Philipose, Benni Joseph, and Four other members serve as directors at the Company.
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Who are the key members and board of directors at Kitex Garments?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sabu Jacob  | Managing Director | 16-Aug-1993 | Current |
| Boby Michael | CFO | 01-Jul-2019 | Current |
| Dayana Joseph | Company Secretary | 04-Oct-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Francis Sumi | Director | 13-Nov-2020 | Current |
| Chenakkott Philipose | Director | 20-Jul-2015 | Current |
| Benni Joseph | Director | 12-Jan-2015 | Current |
| Kalpathy Narayanan | Director | 04-Apr-2013 | Current |
| Amprayil Mathew | Director | 14-Aug-2024 | Current |
| Sindhu Chandrasekharan | Whole-Time Director | 16-Mar-2015 | Current |
Financial Performance of Kitex Garments.
Kitex Garments Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 75.79% increase. The company also saw a substantial improvement in profitability, with a 114.15% increase in profit. The company's net worth Soared by an impressive increase of 16.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kitex Garments?
In 2022, Kitex Garments had a promoter holding of 56.66% and a public holding of 43.34%. The company had 6 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
LTD.webp)
Scoobee Day Garments (India) LimitedKalpathy Narayanan is a mutual person
Sevana Medineeds Private LimitedChenakkott Philipose is a mutual person
Kitex Apparel Parks LimitedSabu Jacob, Chenakkott Philipose and 3 more are mutual person
- Kitex Littlewear Limited
Sabu Jacob, Benni Joseph and 1 more are mutual person
- Kitex Kidswear Limited
Sabu Jacob, Benni Joseph and 1 more are mutual person
- Kitex Knits Limited
Sabu Jacob, Benni Joseph and 1 more are mutual person
Charges (Loans)
₹2,218.00 Cr
₹399.52 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 2023.00 Cr
- State Bank Of India : 195.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jan 2023 | Sbicap Trustee Company Limited | ₹2,023.00 Cr | Open |
| 17 Mar 2005 | State Bank Of India | ₹195.00 Cr | Open |
| 23 Jul 2021 | Hdfc Bank Limited | ₹100.00 Cr | Satisfied |
| 28 May 2019 | Hdfc Bank Limited | ₹25.00 Cr | Satisfied |
| 16 Oct 2017 | Standard Chartered Bank | ₹25.00 Cr | Satisfied |
How Many Employees Work at Kitex Garments?
Kitex Garments has a workforce of 4251 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Kitex Garments, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Kitex Garments's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
