Kitex Garments Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
as on 03-07-2024
- Paid Up Capital ₹ 6.65 Cr
as on 03-07-2024
- Company Age 32 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,368.00 Cr
as on 03-07-2024
- Satisfied Charges ₹ 399.52 Cr
as on 03-07-2024
- Revenue 75.79%
(FY 2022)
- Profit 114.15%
(FY 2022)
- Ebitda 70.22%
(FY 2022)
- Net Worth 16.26%
(FY 2022)
- Total Assets 25.34%
(FY 2022)
About Kitex Garments
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 2023. 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 ₹2,368.00 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 Three other members serve as directors at the Company.
Industry
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
- Email Address
- Website
- Social Media
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-Sep-2023 | Current |
Board Members(5)
| 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 |
| Sindhu Chandrasekharan | Whole-Time Director | 16-Mar-2015 | Current |
Financial Performance and Corporate Structure Insights 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)
Kitex Apparel Parks LimitedActive 3 years 1 monthSabu Jacob, Chenakkott Philipose and 3 more are mutual person
- Kitex Littlewear LimitedActive 6 years 2 months
Sabu Jacob, Benni Joseph and 1 more are mutual person
LTD.webp)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sbicap Trustee Company Limited Creation Date: 05 Jan 2023 | ₹2,023.00 Cr | Open |
State Bank Of India Creation Date: 17 Mar 2005 | ₹345.00 Cr | Open |
Hdfc Bank Limited Creation Date: 23 Jul 2021 | ₹100.00 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.
