--- title: "K G Denim Ltd (KGDENIM) — Share Price, Financials & Analysis" symbol: "KGDENIM" company: "K G Denim Ltd" canonical: "https://tapetide.com/stocks/KGDENIM" bse_code: "500239" sector: "Consumer Discretionary" industry: "Textiles & Apparels" generated_at: "2026-09-13T19:39:45.186Z" --- # K G Denim Ltd (KGDENIM) Canonical page: https://tapetide.com/stocks/KGDENIM ## Company - **BSE Code:** 500239 - **Sector:** Consumer Discretionary - **Industry:** Textiles & Apparels - **Macro Sector:** Consumer Discretionary - **Face Value:** ₹10 - **F&O Eligible:** No - **Website:** kgdenim.com ## About Incorporated in 1992, KG Denim Ltd manufactures denim fabrics, apparel fabrics, home textiles, and garments[1] ## Latest Price ## Key Insights ### Weaknesses - Company has low interest coverage ratio. - The company has delivered a poor sales growth of -37.3% over past five years. - Earnings include an other income of Rs.38.8 Cr. - Company has high debtors of 412 days. - Working capital days have increased from 49.2 days to 272 days ## Growth Rates | Metric | 1Y | 3Y | 5Y | | --- | --- | --- | --- | | net income growth | 131% | 26% | 15% | | revenue growth | -32% | -57% | -37% | ## Financial Statements ### Quarterly Results All figures in ₹ crore unless the row name says otherwise. | Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 67.12 | 66.06 | 66 | 30.24 | 15.04 | 12.91 | 7.27 | 13.77 | 8.04 | 8.53 | 11.7 | 4.86 | | Expenses | 66.79 | 60.19 | 69.96 | 44.91 | 27.67 | 20.89 | 7.96 | 15.44 | -4.52 | 7.77 | 11.96 | 9.05 | | Operating Profit | 0.33 | 5.87 | -3.96 | -14.67 | -12.63 | -7.98 | -0.69 | -1.67 | 12.56 | 0.76 | -0.26 | -4.19 | | OPM % | 0.49 | 8.89 | -6 | -48.51 | -83.98 | -61.81 | -9.49 | -12.13 | 156.22 | 8.91 | -2.22 | -86.21 | | Other Income | 0.8 | 0.53 | 4.06 | 20.44 | 0.03 | 0.01 | 7.78 | 4.42 | 0.33 | 4.74 | 11.13 | 22.57 | | Interest | 5.47 | 5.82 | 8.8 | 5.63 | 0.16 | 1.86 | 22.49 | 4.86 | 8.19 | 6.71 | 3.25 | 8.09 | | Depreciation | 3.85 | 3.82 | 3.15 | 3.66 | 3.66 | 3.66 | -2.01 | 2.25 | 2.24 | 4.46 | -0.76 | 2.05 | | Profit before tax | -8.19 | -3.24 | -11.85 | -3.52 | -16.42 | -13.49 | -13.39 | -4.36 | 2.46 | -5.67 | 8.38 | 8.24 | | Tax % | -25.15 | -25.62 | -33.33 | -25.85 | -25.4 | -25.5 | -26.21 | -25.46 | 26.02 | -25.57 | 33.05 | -2.43 | | Net Profit | -6.13 | -2.41 | -7.9 | -2.61 | -12.25 | -10.05 | -9.88 | -3.25 | 1.82 | -4.22 | 5.61 | 8.44 | | EPS in Rs | -2.04 | -0.94 | -3.37 | -1.02 | -4.72 | -3.87 | -4.2 | -1.27 | 0.71 | -1.64 | 1.99 | 3.35 | ### Profit & Loss All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 712 | 723 | 508 | 435 | 610 | 530 | 263 | 65 | 42 | 33 | | Expenses | 676 | 670 | 493 | 411 | 583 | 533 | 264 | 101 | 31 | 24 | | Operating Profit | 37 | 54 | 15 | 24 | 27 | -3 | -1 | -36 | 11 | 9 | | OPM % | 5 | 7 | 3 | 6 | 4.4 | -0.5 | -0.5 | -55 | 27 | 27 | | Other Income | 5 | 2 | 3 | 2 | 6 | 5 | 6 | 28 | 21 | 39 | | Interest | 26 | 26 | 24 | 23 | 25 | 23 | 26 | 30 | 23 | 26 | | Depreciation | 14 | 17 | 19 | 15 | 16 | 16 | 15 | 9 | 8 | 8 | | Profit before tax | 2 | 12 | -25 | -12 | -7 | -37 | -36 | -47 | 1 | 13 | | Tax % | 48 | 31 | -35 | -44 | 12 | -25 | -28 | -24 | 105 | — | | Net Profit | 1 | 9 | -16 | -7 | -8 | -28 | -26 | -36 | 0 | 12 | | EPS in Rs | 0.35 | 3.33 | -6.4 | -2.57 | -3.14 | -10.91 | -9.99 | -13.97 | 0.12 | 4.41 | | Dividend Payout % | 212 | 23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | ### Balance Sheet All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Equity Capital | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | | Reserves | 69 | 68 | 73 | 56 | 51 | 48 | 21 | -3 | -34 | -36 | | Borrowings | 120 | 161 | 195 | 196 | 222 | 225 | 200 | 218 | 245 | 264 | | Other Liabilities | 177 | 220 | 170 | 172 | 157 | 182 | 158 | 164 | 104 | 112 | | Total Liabilities | 391 | 475 | 464 | 449 | 455 | 480 | 404 | 405 | 341 | 367 | | Fixed Assets | 136 | 168 | 167 | 186 | 173 | 165 | 152 | 138 | 129 | 121 | | CWIP | 9 | 4 | 30 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Investments | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | | Other Assets | 243 | 300 | 264 | 260 | 279 | 312 | 249 | 264 | 208 | 243 | | Total Assets | 391 | 475 | 464 | 449 | 455 | 480 | 404 | 405 | 341 | 367 | ### Cash Flow All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Cash from Operating Activity | 71 | 37 | 26 | 32 | 0 | 21 | 50 | 7 | -2 | -38 | | Cash from Investing Activity | -15 | -44 | -34 | -8 | -4 | -3 | -3 | 0 | 7 | 18 | | Cash from Financing Activity | -56 | 9 | 9 | -26 | 4 | -22 | -48 | -7 | -3 | 17 | | Net Cash Flow | 0 | 2 | 0 | -2 | 1 | -4 | 0 | 0 | 2 | -3 | | Free Cash Flow | 58 | -5 | -16 | 24 | -3 | 15 | 47 | 6 | -2 | -38 | | CFO/OP | 112 | 107 | 58 | 211 | 1 | 77 | -1776 | -617 | 2 | -331 | ### Ratios | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Debtor Days | 26 | 38 | 33 | 38 | 61 | 46 | 50 | 94 | 217 | 412 | | Inventory Days | 139 | 134 | 126 | 196 | 212 | 168 | 118 | 319 | 589 | — | | Days Payable | 123 | 132 | 113 | 194 | 203 | 159 | 154 | 430 | 692 | — | | Cash Conversion Cycle | 43 | 40 | 46 | 40 | 71 | 55 | 14 | -18 | 114 | 412 | | Working Capital Days | -3 | -9 | -6 | -23 | -10 | -9 | -46 | -142 | 17 | 272 | | ROCE % | 30 | 12 | 15 | 0 | 4 | 6 | -5 | -5 | -16 | 10 | ## Shareholding Pattern ### annual | Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 58.59% | 58.59% | 58.63% | 58.63% | 58.63% | 58.74% | 58.73% | 58.73% | 58.73% | 58.73% | 58.73% | | FIIs | 0.01% | 0.01% | 0.01% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | | DIIs | 0.02% | 0.02% | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | | Public | 41.38% | 41.38% | 41.34% | 41.36% | 41.36% | 41.25% | 41.25% | 41.25% | 41.26% | 41.25% | 41.25% | | No. of Shareholders | 15142 | 14987 | 14291 | 11136 | 10689 | 10064 | 10017 | 9897 | 9547 | 9229 | 9069 | ### Quarterly | Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 58.73% | 58.73% | 58.73% | 58.73% | 58.73% | 58.73% | 58.73% | 58.73% | 58.73% | 58.73% | 58.73% | 58.73% | | DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | | Government | 0% | 0% | 0% | 0% | 0% | 0.28% | 0% | 0% | 0% | 0% | 0% | 0% | | Public | 41.24% | 41.25% | 41.25% | 41.25% | 41.25% | 40.96% | 41.26% | 41.24% | 41.25% | 41.25% | 41.25% | 41.25% | | No. of Shareholders | 10003 | 9624 | 9897 | 9998 | 9955 | 9700 | 9547 | 9559 | 9717 | 9297 | 9229 | 9069 | ## Technical Indicators Derived from daily closing prices and recomputed each trading session; values move with the market. - **Overall Signal:** Strong Sell - **Buy / Neutral / Sell:** 5 / 2 / 12 ### Moving Averages — summary: **Strong Sell** | Indicator | Value | Signal | | --- | --- | --- | | SMA (10) | 14.31 | Sell | | EMA (10) | 14.23 | Sell | | SMA (20) | 14.44 | Sell | | EMA (20) | 14.35 | Sell | | SMA (50) | 14.55 | Sell | | EMA (50) | 14.6 | Sell | | SMA (100) | 15.16 | Sell | | EMA (100) | 14.97 | Sell | | SMA (200) | 15.56 | Sell | | EMA (200) | 15.56 | Sell | ### Oscillators — summary: **Strong Buy** | Indicator | Value | Signal | | --- | --- | --- | | RSI (14) | 40.11 | Neutral | | MACD (12,26,9) | -0.14 | Sell | | Stochastic (14,3,3) | 17.46 | Buy | | ADX (14) | 26.49 | Buy | | Williams %R (14) | -93.95 | Buy | | ATR (14) | 1.39 | High Volatility | | ROC (12) | -8.18 | Sell | | Stoch RSI (14) | 0 | Buy | | UO (7,14,28) | 24.75 | Buy | ## Filings & Documents ### Other Documents | Date | Document | | --- | --- | | 8 Sep - 34th AGM on 29 September 2026; FY 2025-26 annual report web link shared. | [Letter Sent To Shareholders As Per Regulation 36(1)(B) Of SEBI (LODR) Regulations, 2015. 8 Sep - 34th AGM on 29 September 2026; FY 2025-26 annual report web link shared.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4dae1a22-60b1-476b-96f4-9d4c64c3dbcf.pdf) | | 6 Aug - Board meets 14 Aug 2026 to approve Q1 results and reappoint an independent director. | [Board Meeting Intimation for Regulation 29(1) Of SEBI (LODR) Regulations, 2015. 6 Aug - Board meets 14 Aug 2026 to approve Q1 results and reappoint an independent director.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9bbcbda0-dbb4-409b-9302-f0f3c42c2ee7.pdf) | | 4 Aug - Board re-designates K.G. Baalakrishnan as Non-Executive Chairman; reappoints B. Sriramulu and R. Selvakumar for three years. | [Board Meeting Outcome for Outcome Of Meeting Of Board Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 4 Aug - Board re-designates K.G. Baalakrishnan as Non-Executive Chairman; reappoints B. Sriramulu and R. Selvakumar for three years.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=57f2dc6c-0ecf-4016-9c2d-9f8cdfd129fb.pdf) | | 25 Jul - Board meeting on 4 Aug 2026 to consider reappointment of Executive Chairman, Managing Director and Whole-time Director. | [Board Meeting Intimation for Pursuant To Regulation 29(1) Of SEBI (LODR) Regulations, 2015. 25 Jul - Board meeting on 4 Aug 2026 to consider reappointment of Executive Chairman, Managing Director and Whole-time Director.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab488286-baf7-4400-9326-a7149d20b090.pdf) | | 14 Aug - Board approved Q1 FY27 results, appointed independent director until Feb 2027, and fixed AGM for 29 Sep 2026. | [Outcome Of Meeting Of Board Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 14 Aug - Board approved Q1 FY27 results, appointed independent director until Feb 2027, and fixed AGM for 29 Sep 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b7b5fbb-fbea-4864-ab31-853ceb0d20e8.pdf) | | — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f6b2017-44b0-4d2d-ade1-26a565ac7ae0.pdf) | | — | [Reg. 34 (1) Annual Report. 7 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a3c6c877-7c8e-46c6-8cb6-008c0bf953e8.pdf) | | — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Aug](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4107d1f7-e08e-4ffd-b336-3f731dbab803.pdf) | ### Annual Reports | Date | Document | | --- | --- | | from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f6b64d8e-efa0-4fce-aab3-8e6e02126a10.pdf) | | from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b902e846-1fc0-472a-bd49-361a9183571d.pdf) | | from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6270be4e-c923-4ced-b2dd-2ed4a6272a12.pdf) | | from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500239/75597500239.pdf) | | from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500239/70841500239.pdf) | | from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/500239/67450500239.pdf) | | from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/500239/5002390319.pdf) | | from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/500239/5002390318.pdf) | | from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/500239/5002390317.pdf) | | from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/500239/5002390316.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 2026-09-13T19:39:45.186Z.