---
title: "Kizi Apparels Ltd (544221) — Share Price, Financials & Analysis"
symbol: "544221"
company: "Kizi Apparels Ltd"
canonical: "https://tapetide.com/stocks/544221"
isin: "INE0RMR01013"
nse_symbol: "KIZIAPPARELSLTD"
bse_code: "544221"
sector: "Textiles"
industry: "Textiles & Apparels"
market_cap_cr: 18.1
generated_at: "2026-09-13T20:38:09.397Z"
---

# Kizi Apparels Ltd (544221)

Canonical page: https://tapetide.com/stocks/544221

## Company

- **NSE Symbol:** KIZIAPPARELSLTD
- **BSE Code:** 544221
- **ISIN:** INE0RMR01013
- **Sector:** Textiles
- **Industry:** Textiles & Apparels
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2024-08-06
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** kiziapparels.co.in

## About

Incorporated in 2023, Kizi Apparels Ltd manufactures and trades women garments[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:42:54.043282Z.

- **Market Cap:** ₹18.1 Cr
- **Classification:** SME
- **P/E (reported):** 18.1
- **EPS (reported):** ₹0
- **Book Value:** ₹17.93
- **Price to Book:** 1
- **Dividend Yield:** 0%
- **ROE:** 6.32%
- **ROCE:** 12.57%
- **Debt to Equity:** 0.52
- **Revenue (yearly):** ₹42.64 Cr
- **Net Income:** ₹1 Cr
- **EBITDA:** ₹2.43 Cr
- **52-Week High:** ₹21.4
- **52-Week Low:** ₹10.1
- **RSI (14):** 52.6

## Key Insights

### Strengths

- Stock is trading at 0.99 times its book value
- Promoter holding has increased by 1.71% over last quarter.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 9.68% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -149.84% | — | -134.83% |
| ebitda margin growth | -75% | -24.37% | -34.34% | — |
| net income growth | -50% | 11.11% | 42.86% | — |
| revenue growth | -17.02% | 61.52% | 28.07% | — |
| roce | — | -36.35% | — | — |
| roe | — | -48.28% | 6.18% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 8.57 | 11.7 | 12.44 | 14 | 13.91 | 28.73 |
| Expenses | 8.06 | 10.52 | 11.44 | 13.02 | 12.67 | 27.55 |
| Operating Profit | 0.51 | 1.18 | 1 | 0.98 | 1.24 | 1.18 |
| OPM % | 5.95 | 10.09 | 8.04 | 7 | 8.91 | 4.11 |
| Other Income | 0 | 0.01 | 0 | 0 | 0 | 0.15 |
| Interest | 0.24 | 0.33 | 0.34 | 0.29 | 0.38 | 0.39 |
| Depreciation | 0 | 0.18 | 0.1 | 0.1 | 0.11 | 0.13 |
| Profit before tax | 0.27 | 0.68 | 0.56 | 0.59 | 0.75 | 0.81 |
| Tax % | 0 | 33.82 | 25 | 23.73 | 25.33 | 45.68 |
| Net Profit | 0.27 | 0.45 | 0.42 | 0.45 | 0.57 | 0.44 |
| EPS in Rs | 0.52 | 0.87 | 0.54 | 0.58 | 0.73 | 0.56 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 0 | 20.27 | 26.43 | 42.64 |
| Expenses | 0 | 18.52 | 24.41 | 40.22 |
| Operating Profit | 0 | 1.75 | 2.02 | 2.42 |
| OPM % | — | 8.63 | 7.64 | 5.68 |
| Other Income | 0 | 0.01 | 0 | 0.15 |
| Interest | 0 | 0.63 | 0.67 | 0.77 |
| Depreciation | 0 | 0.18 | 0.2 | 0.24 |
| Profit before tax | 0 | 0.95 | 1.15 | 1.56 |
| Tax % | — | 24.21 | 25.22 | 35.9 |
| Net Profit | 0 | 0.72 | 0.86 | 1.01 |
| EPS in Rs | 0 | 1.4 | 1.1 | 1.29 |
| Dividend Payout % | — | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 5.16 | 7.82 | 7.82 |
| Reserves | 0 | 0.72 | 5.76 | 6.76 |
| Borrowings | 0 | 5.15 | 5.46 | 7.51 |
| Other Liabilities | 0 | 2.38 | 1.41 | 5.98 |
| Total Liabilities | 0.01 | 13.41 | 20.45 | 28.07 |
| Fixed Assets | 0 | 1.34 | 1.21 | 1.31 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0.01 | 0.01 |
| Other Assets | 0.01 | 12.07 | 19.23 | 26.75 |
| Total Assets | 0.01 | 13.41 | 20.45 | 28.07 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.01 | -3.13 | -7.82 | -2.29 |
| Cash from Investing Activity | 0 | -1.13 | -0.08 | -0.34 |
| Cash from Financing Activity | 0.01 | 3.89 | 7.78 | 2.82 |
| Net Cash Flow | 0 | -0.37 | -0.11 | 0.2 |
| Free Cash Flow | -0.01 | -4.25 | -7.89 | -2.63 |
| CFO/OP | — | -167 | -374 | -71 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | — | 83.19 | 83.69 | 85.94 |
| Inventory Days | — | 147.95 | 225.69 | 166.3 |
| Days Payable | — | 44.43 | 20.26 | 47.51 |
| Cash Conversion Cycle | — | 186.72 | 289.12 | 204.73 |
| Working Capital Days | — | 114.88 | 177.32 | 114.19 |
| ROCE % | — | 28.62 | 12.11 | 11.33 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 56.35% | 56.35% | 57.04% | 57.05% | 57.16% | 57.28% | 57.59% | 57.59% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 33.68% | 34.6% | 33.79% | 34.51% | 34.89% | 35.55% | 35.78% | 35.2% |
| Others | 9.98% | 9.05% | 9.17% | 8.44% | 7.94% | 7.17% | 6.64% | 7.21% |
| No. of Shareholders | 275 | 306 | 309 | 313 | 311 | 317 | 330 | 346 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 6 / 2

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 17.32 | Buy |
| EMA (10) | 17.64 | Buy |
| SMA (20) | 17.74 | Buy |
| EMA (20) | 17.68 | Buy |
| SMA (50) | 16.95 | Buy |
| EMA (50) | 17.17 | Buy |
| SMA (100) | 16.11 | Buy |
| EMA (100) | 16.6 | Buy |
| SMA (200) | 16.01 | Buy |
| EMA (200) | 17.53 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 56.41 | Neutral |
| MACD (12,26,9) | 0.02 | Sell |
| Stochastic (14,3,3) | 61.29 | Neutral |
| ADX (14) | 22.77 | Neutral |
| Williams %R (14) | -22.58 | Neutral |
| ATR (14) | 0.71 | High Volatility |
| ROC (12) | 5.41 | Buy |
| Stoch RSI (14) | 96.17 | Sell |
| UO (7,14,28) | 65.71 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=534fc2b0-5ff1-42b7-85da-e540ea26a70a.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f0a6323a-f59a-49d2-a38a-5dcf86b89547.pdf) |
| 2026-08-25 | [Annual General Meeting Of The Company To Be Held On 18Th September 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6e1e39a3-8310-42ac-a072-8e3a96b72566.pdf) |
| 2026-08-25 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5d23f5fc-373a-44f7-aa38-86fec20d341a.pdf) |
| 2026-08-20 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 20Th August2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4e126cf5-668b-40bf-96bf-b9d06f1c3841.pdf) |
| 2026-08-17 | [Board Meeting Intimation for Approval Of Notice For Annual General Meeting Annual Report And Other Business Matters.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=226bb50d-c5fc-4fd2-850c-7d471281ff97.pdf) |
| 2026-07-16 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=39D914E9_CBCD_4FFC_9131_063E9230FCAE_083511.pdf) |
| 2026-07-15 | [Disclosures Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41cdeaca-44cc-4000-86f4-37e096a68dc4.pdf) |
| 2026-07-15 | [Disclosure Under Regulation 7(2) Read With Regulation 6(2) Of SEBI (Prohibition Of Insider Trading) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d22f0765-f376-4eb4-a39b-e05204fe59af.pdf) |
| 2026-07-14 | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Tuesday 14Th July 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ae882d6-f15c-4c60-b659-cf3c0e6465f3.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Mar - EGM 09-Mar-2026 approved authorized capital increase and preferential convertible warrants issuance; warrants passed with 768,400 favorable votes. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 9 Mar - EGM 09-Mar-2026 approved authorized capital increase and preferential convertible warrants issuance; warrants passed with 768,400 favorable votes.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bb2250c2-fdaa-47f3-8439-1390b0536174.pdf) |
| 9 Mar - 09-Mar-2026 EGM: Kizi Apparels proposed increase in authorised capital and preferential convertible warrants issuance. | [Announcement under Regulation 30 (LODR)-Meeting Updates 9 Mar - 09-Mar-2026 EGM: Kizi Apparels proposed increase in authorised capital and preferential convertible warrants issuance.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d6039e3d-4d56-4d19-8d6c-de642a5fc776.pdf) |
| 9 Mar - 09-Mar-2026 EGM: approved authorized share capital increase and preferential issuance of convertible warrants to promoters/public. | [Shareholder Meeting / Postal Ballot-Outcome of EGM 9 Mar - 09-Mar-2026 EGM: approved authorized share capital increase and preferential issuance of convertible warrants to promoters/public.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f0867a69-1cd7-4752-a7ec-610d567eae54.pdf) |
| 8h - Board approved receipt of Rs. 11.62 lakh second tranche for preferential convertible warrants on 21 April 2026. | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E., Tuesday, 21St April, 2026 8h - Board approved receipt of Rs. 11.62 lakh second tranche for preferential convertible warrants on 21 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3d5e8b24-19ed-44d8-89dd-0eedc6b2fe96.pdf) |
| 8h - Board approved receipt of 4th warrant tranche consideration of Rs. 23.92 lakh from two allottees. | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E., Friday, 24Th April, 2026 8h - Board approved receipt of 4th warrant tranche consideration of Rs. 23.92 lakh from two allottees.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/8aee69ba-6e5f-4980-8d9b-1420c2632f09.pdf) |
| 7h - Kizi Apparels confirms it is not a Large Corporate as of March 31, 2026. | [Non Applicability Of Large Corporate Disclosure 7h - Kizi Apparels confirms it is not a Large Corporate as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7ec53640-4027-45e4-82ac-14ae4c7c8340.pdf) |
| 7h - Board approved FY26 audited standalone results and appointed B B Gusani & Associates as internal auditors for FY27. | [Board Meeting Outcome for Outcome Of Board Meeting For Declaration Of Audited Stanlone Financial Results Of The Company For Half Year And Year Ended On 31St March,2026 7h - Board approved FY26 audited standalone results and appointed B B Gusani & Associates as internal auditors for FY27.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ce037d35-291e-44b0-afd9-6b0a1a797944.pdf) |
| 7h - Board approved FY26 audited standalone results and appointed B B Gusani & Associates as internal auditor. | [Outcome Of Board Meeting Dated 11Th May, 2026 7h - Board approved FY26 audited standalone results and appointed B B Gusani & Associates as internal auditor.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/8f51be4f-e1a2-4aa5-afb9-46181b4239a5.pdf) |
| 7 May - Board approved receipt of 7th warrant tranche consideration of Rs. 10 lakh from Raj Kumar Nathani. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 7Th May, 2026 7 May - Board approved receipt of 7th warrant tranche consideration of Rs. 10 lakh from Raj Kumar Nathani.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5190755e-ada0-4af8-b61d-1a68b11f0c71.pdf) |
| 6 May - Board meeting on 11 May 2026 to approve audited FY26 and half-year results. | [Board Meeting Intimation for Declaration Of Financial Results Of The Company For The Half Year And Year Ended On 31St March, 2026. 6 May - Board meeting on 11 May 2026 to approve audited FY26 and half-year results.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4982923d-14da-432a-8109-dab8ef938d32.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-11 | [Audited Standlone Financial Results Of The Company For The Half Year And Year Ended On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=02dbd6c3-7bde-4a54-a022-1b66de9601c1.pdf) |
| 2025-11-12 | [Unaudited Standalone Financial Result For The Half Year Ended 30Th September2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3ee33b97-6df1-416c-b561-b3fff5806fde.pdf) |
| 2025-05-28 | [Results For The Half Year & Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec018ab0-08f5-4fc0-8ab0-f3c48d552fca.pdf) |
| 2025-05-28 | [Results For The Half Year & Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dfc75494-103a-4386-ac50-ba01703334f3.pdf) |
| 2025-05-28 | [Results For The Half Year & Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f78a685-db85-4d63-b6f4-8bea244dcaac.pdf) |
| 2024-11-14 | [Outcome Of Board Meeting For Approving Unaudited Financial Results For The Quarter And Half Year Ended On 30Th September, 2024 And Appointment Of Mr. Jinang Dinesh Kumar Shah, A Practicing Company Secretary Conducting A Secretarial Audit Of The Company For The Financial Year 2024 - 25](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18f1c197-ff41-4171-8a42-4f4f9949a5c8.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b6ba650c-dddd-4367-afde-47857c3b469a.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cf0c4d2f-a771-4878-af95-e3c418872210.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/918f69b9-c6ea-4d82-899d-e48e7adb7895.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/538bafa7-e411-4fae-908a-7d81a5202d1a.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/44dcec10-98cc-4228-a9ba-dc1ed37eb542.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539346/77089539346.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539346/71861539346.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539346/66687539346.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539346/5393460319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539346/5393460318.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2016 | [Concall - Sep 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=D4A44B4E_91D9_4C3F_86CB_67352F08889B_120805.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:38:09.397Z.