Kitex Garments Ltd dividend

The Dividend per Share of Kitex Garments Ltd is ₹ 1.5 as of 2023 .a1#The Dividend Payout of Kitex Garments Ltd changed from 12.4 % on March 2019 to 16.79 % on March 2023 . This represents a CAGR of 6.25% over 5 years. a1#The Latest Trading Price of Kitex Garments Ltd is ₹ 225.05 as of 25 Jul 15:30 .a1#The Market Cap of Kitex Garments Ltd changed from ₹ 678.3 crore on March 2019 to ₹ 909.39 crore on March 2023 . This represents a CAGR of 6.04% over 5 years. a1#The Revenue of Kitex Garments Ltd changed from ₹ 264.01 crore to ₹ 176.29 crore over 8 quarters. This represents a CAGR of -18.28% a1#The EBITDA of Kitex Garments Ltd changed from ₹ 56.35 crore to ₹ 37.76 crore over 8 quarters. This represents a CAGR of -18.14% a1#The Net Pr of Kitex Garments Ltd changed from ₹ 36.57 crore to ₹ 19.74 crore over 8 quarters. This represents a CAGR of -26.53% a1#

Kitex Garments Ltd. (KGL) is the world's second largest manufacturer of cotton specialized in making knitted garments for infants and toddlers with sizes ranging from Premature babies to 24 months infants. The Company was established in May, 1992. KGL is a 100% export-oriented unit, which caters to prominent and renowned conglomerates in USA and Europe markets like Gerber Childrenswear LLC, Carters, Carters brands, H & O Fashions, Buy-Buy Baby, Ross Stores, Amazon, Target, Sam's Club and Walmart. The Company is managed under the leadership of Sri Sabu M Jacob, which is presently engaged into exports of cotton and organic cotton garments especially infants wear. It is well known for manufacturing facilities with latest and automatic machineries such as Automatic Mixing & Dispensing of Dyes, Chemicals & Printing Pastes, Cold Pad Dyeing, Fully automatic Robotized Yarn Dyeing, Digital Light Exposing - Screen Engraving System, Computerized Precision Cutting, Modern Sewing Machines, EDI capabilities, Bar coded tracking of garments & Biological ETP & Waste Management. The unit located near Kochi- India comes with an advantage of direct logistic connectivity with major international destinations by sea and air. The newly commissioned India Gateway Terminal (IGT) at Vallarpadam, Kochi, is the first International Transshipment Terminal in India, which eliminates the need to transship through Singapore or Colombo, by increasing speed to market, at lower cost. The port is adjacent to the direct maritime highway between Far-East, Europe and the United States. In 1995, the Company made a Public Issue and got shares listed on NSE & BSE. The vertically integrated manufacturing plant makes infants wear as well as fabrics. During the fiscal year ended March 31, 2010, the export sales mainly consisted of infant and children's wear and jackets intended for the United States market. During the fiscal year ended March 31, 2010, the Company produced 87,779,618 readymade garments. As on March 31, 2019, the Company had 6 wholly owned subsidiaries, Kitex Littlewear Limited, Kitex Babywear Limited, Kitex Socks Limited, Kitex Packs Limited, Kitex Knits Limited and Kitex Kidswear Limited. On 18th November 2021, a new Company, Kitex Apparel Parks Limited (KAPL) was incorporated with a joint investment along with Kitex Childrenswear Limited in the ratio 70:30 in Warangal, Telangana.