Kitex Garments Ltd (KITEX) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Kitex Garments Ltd on NSE and BSE, with an AI summary of each filing.
Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026
Financial Result · 03 Nov 2026, 12:07 am
Outcome of Board Meeting held on November 02, 2026
Outcome · 03 Nov 2026, 12:02 am
Kitex Garments Reports Q2 FY27 Results; Revenue Climbs 66% YoY Kitex Garments reported Q2 ended 30th Sep'26 consolidated revenue from operations of ₹20,303.58 lakhs, up 66.3% YoY from ₹12,210.17 lakhs and 28.2% QoQ. Consolidated net profit reached ₹1,370.60 lakhs compared to a net loss of ₹621.85 lakhs in Q2 ended 30th Sep'25. Standalone revenue grew 49.7% YoY to ₹17,980.59 lakhs, with PAT at ₹2,502.84 lakhs. Auditors issued a qualified conclusion regarding uncorroborated recoverability of the standalone investment carrying value of ₹2,776.24 lakhs in associate Kitex USA LLC, whose net worth is fully eroded.
Kitex Garments Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Outcome · 02 Nov 2026, 11:36 pm
Kitex Garments Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) ■ Revenue: 20,304 (+66.3% YoY | +28.2% QoQ) ■ EBITDA: 4,499 (Loss to Profit YoY | +341.5% QoQ) ■ EBITDA Margin (%): 22.2 (Loss to Profit YoY | +1573 bps QoQ) ■ PAT: 1,675 (Loss to Profit YoY | Loss to Profit QoQ) ■ EPS (INR): 0.84 (Loss to Profit YoY | Loss to Profit QoQ)
Kitex Garments Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve unaudited standalone and consolidate ....
Intimation · 02 Nov 2026, 5:30 am
Kitex Garments Schedules Board Meeting to Approve Q2 and H1 FY27 Financial Results Kitex Garments Limited has scheduled its Board of Directors meeting on 2nd Nov'26 to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended 30th Sep'26. In compliance with SEBI insider trading regulations, the trading window for dealing in company securities has been closed since 1st Oct'26 and will remain shut until 48 hours after the financial results are publicly disclosed.
KITEX GARMENTS LIMITED has informed the Exchange about Board Meeting to be held on 02-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 02 Nov 2026, 5:30 am
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 02 Nov 2026, 5:30 am
Submission of scrutinizers report and voting results of 34th Annual General Meeting held on Friday, September 25, 2026
Annual General Meeting · 28 Sept 2026, 10:48 pm
Proceedings of 34th AGM of the Company held on Friday, September 25, 2026
Annual General Meeting · 25 Sept 2026, 10:27 pm
Notice to shareholders holding physical securities for furnishing of PAN and KYC details
Others (Uncategorized) · 22 Sept 2026, 11:27 pm
Kitex Garments Issues KYC and PAN Updation Notices for Physical Shareholders Kitex Garments announced that its RTA, Cameo Corporate Services, dispatched mandatory notices to physical shareholders on 22nd Sep'26, in compliance with SEBI circulars. Physical security holders must furnish PAN, KYC, bank account details, specimen signatures, and nominations. The RTA will freeze service requests and complaints until complete documentation is received. Additionally, dividends for physical shares will only be processed electronically.
Business Responsibility and Sustainability Report for the year ended March 31, 2026
Others (Uncategorized) · 04 Sept 2026, 12:02 am
Kitex Garments FY26 BRSR: High Export Dependence and Rising ESG Costs Kitex Garments reported a FY26 turnover of ₹63,660.93 Lakhs and a net worth of ₹1,15,347.33 Lakhs. The firm remains highly export-dependent, with exports driving 86.93% of revenues. Infant garments constitute the core business, contributing 94.36% of turnover. Notably, employee well-being costs surged to 20.42% of total revenue, up from 15.53% YoY. Environmental metrics indicate rising resource consumption, with energy intensity increasing to 5.71 GJ/₹ Lakhs and water intensity reaching 1.44. The company maintains a large labor base, employing 580 permanent employees and 3,932 permanent workers.
Annual Report of the Company for the FY 25-26
Others (Uncategorized) · 03 Sept 2026, 11:59 pm
Notice of 34th Annual General Meeting of the Company to be held on September 25, 2026 at 11.00 a.m
Annual General Meeting · 03 Sept 2026, 11:52 pm
Intimation of record date for the payment of dividend for the FY 25-26
Dividend · 01 Sept 2026, 12:17 am
Kitex Garments Sets AGM and Record Date for FY26 Dividend Kitex Garments has scheduled its 34th Annual General Meeting (AGM) for Sep 25, 2026, at 11:00 AM via video conference. The company has fixed Sep 18, 2026, as the record date to determine shareholder entitlement for the final dividend for the fiscal year ended Mar 31, 2026. The book closure period will be from Sep 18, 2026, to Sep 25, 2026. The dividend payment, if approved at the AGM, will be made within 30 days of the meeting.
Announcement of date of the Annual General Meeting of the Company
Annual General Meeting · 01 Sept 2026, 12:14 am
Reasons for downward revision in credit rating
Others (Uncategorized) · 28 Aug 2026, 10:54 pm
Kitex Garments Credit Rating Downgraded on Profitability and Leverage Concerns India Ratings has downgraded Kitex Garments' bank loan facilities of ₹3,479.8 million to 'IND BBB+/Negative' from 'IND A'. The downgrade reflects a significant dip in FY26 profitability due to partial absorption of US tariff costs, slower-than-expected ramp-up of the Warangal unit, and order execution delays. These factors, combined with debt-funded capex, led to a sharp deterioration in consolidated credit metrics, with net leverage spiking to 638.85x in FY26. The Negative Outlook signals likely delays in the Warangal facility ramp-up amid high US client concentration.
Intimation of credit rating
Others (Uncategorized) · 27 Aug 2026, 4:40 pm
Kitex Garments Credit Rating Downgraded by India Ratings Kitex Garments announced on 27 Aug, '26 that India Ratings and Research has downgraded its credit rating. The rating for its ₹3,479.80 million bank loan facilities has been revised downwards to IND BBB+/Negative/IND A2. The downgrade, effective from 25 Aug, '26, signals potential pressure on the company's financial risk profile and debt servicing capabilities, with a negative outlook indicating a higher probability of a further downgrade. This action affects market sentiment regarding the company's creditworthiness.
Raising of Funds
Others (Uncategorized) · 14 Aug 2026, 10:31 pm
Kitex Garments Board Approves ₹3,000 Crore Fundraising The Board of Directors on 14 Aug'26 approved raising funds up to ₹3,000 crores. The capital will be raised via a Qualified Institutional Placement (QIP) or other permissible modes, in one or more tranches. Instruments may include equity shares, non-convertible debentures, warrants, or other eligible securities. The fundraising is subject to regulatory and shareholder approvals. The specific terms of the issue will be determined by the Board or a constituted committee at a later date.
Standalone and Consolidated Financial Results for the quarter ended June 30, 2026
Financial Result · 14 Aug 2026, 10:26 pm
Kitex Board Approves Q1FY27 Results & ₹3,000 Crore Fundraising Plan Kitex Garments reported Q1FY27 consolidated results with revenue at ₹158.4cr and a net loss of ₹17.1cr, compared to a profit of ₹19.3cr YoY. Standalone revenue was ₹121cr with a net profit of ₹11.2cr, down from ₹26.1cr YoY. The board also approved fundraising of up to ₹3,000cr via QIP or other permissible modes. Auditors issued a qualified conclusion on standalone results concerning the recoverability of the ₹27.76cr investment in associate Kitex USA LLC, which has incurred continuous losses and has a fully eroded net worth.
Board Meeting held on August 14, 2026 considered and approved (i) Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026 and (ii) Raising of funds
Outcome · 14 Aug 2026, 10:19 pm
Kitex Garments Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakh) ■ Revenue: 15,843 (-19.5% YoY | -4.7% QoQ) ■ EBITDA: 1,019 (-70.2% YoY | +511.1% QoQ) ■ EBITDA Margin (%): 6.4 (-1095 bps YoY | +543 bps QoQ) ■ PAT: -900 (Profit to Loss YoY | -129.8% QoQ) ■ EPS (INR): -0.45 (Profit to Loss YoY | -125.0% QoQ)
Kitex Garments Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve (i) Unaudited Standalone and ....
Intimation · 14 Aug 2026, 5:30 am
Kitex Garments Board to Consider Q1 Results and Fundraising on Aug 14 Kitex Garments will hold a Board of Directors meeting on 14 Aug'26 to consider and approve unaudited financial results for the quarter ending 30 Jun'26. The board will also discuss a proposal for raising funds through various methods, including public offer, qualified institutional placement, or preferential issue. The company is seeking fresh shareholder approval for this fundraising, as a similar resolution from the 17 Sep'25 AGM is expiring. The trading window for insiders remains closed from 01 Jul'26 until 48 hours post-meeting.
Details of Voting Results along with Scrutinizer''s Report with respect to NCLT convened meetings of Equity Shareholders and Unsecured Creditors of the Company held on July 24, 2026
Others (Uncategorized) · 28 Jul 2026, 1:49 am
Kitex Garments Shareholders Approve Scheme of Arrangement Kitex Garments' shareholders and unsecured creditors approved the Scheme of Arrangement with Kitex Childrenswear Ltd in separate meetings on 24 Jul'26. The resolution passed with an overwhelming majority, securing 99.25% of total shareholder votes in favor. Public shareholders also approved the scheme, with 99.97% of votes from non-institutional public shareholders cast in favor. The unsecured creditors' resolution also passed with 99.98% of votes in favor by value. The company will now seek final NCLT approval for the demerger scheme.
Proceedings of meetings convened on July 24, 2026 pursuant to the order of Hon''ble NCLT, Kochi Bench for considering the Scheme of Arrangement between Kitex Childrenswear Ltd and Kitex ....
Others (Uncategorized) · 25 Jul 2026, 5:22 am
Kitex Garments Holds Meetings to Approve Scheme of Arrangement Kitex Garments held separate virtual meetings for its equity shareholders and unsecured creditors on 24 Jul'26 to approve the Scheme of Arrangement between Kitex Childrenswear Ltd (Demerged Company) and Kitex Garments Ltd (Resulting Company). The meetings were convened pursuant to a National Company Law Tribunal order dated 22 Jan'26. The agenda for both meetings was to consider and approve the proposed scheme. The outcome of the voting by requisite majority will determine the approval of the arrangement.
Update on Scheme of Arrangement between Kitex Childrenswear Limited and Kitex Garments Limited and their respective shareholders and creditors - Addendum to notice of meeting of equity shareholders
Others (Uncategorized) · 11 Jul 2026, 12:44 am
Kitex Garments: Addendum for Demerger Meeting Provides Key Financial Data Kitex Garments issued an addendum for its Jul 24, '26 shareholder meeting, which will consider the scheme of arrangement involving Kitex Childrenswear Ltd (KCL). KCL's textile business (Demerged Undertaking) will be merged into Kitex Garments (Resulting Company). Post-demerger, as of Dec 31, '24, Kitex Garments' net worth is projected to increase from ₹1,153.51 Cr to ₹1,288.02 Cr. Promoters' stake in the resulting entity will rise to 59.46% from 40.73%, while the public shareholding will decrease to 29.65% from 43.34%.
Intimation of reconstitution of Committees of Board of Directors of the Company
Others (Uncategorized) · 30 Jun 2026, 11:29 pm
Kitex Garments Reconstitutes Board Committees Kitex Garments (NSE: KITEX) announced the reconstitution of its Board Committees, effective 30 Jun'26. Mr. Bijoy Philipose now chairs the Audit Committee, and Mr. A K Mathew heads the Nomination and Remuneration Committee, both comprising solely of Non-Executive & Independent Directors. The Stakeholders Relationship Committee is chaired by Mr. K L V Narayanan, and the Risk Management Committee is led by Executive Director Mr. Sabu M Jacob. The changes align committee structures with corporate governance norms, involving key executive and independent members.
Appointment of K Venkatachalam Aiyer & Co, Chartered Accountants as the Internal Auditor of the Company for the FY 2026-27
Change in Management · 30 Jun 2026, 11:26 pm
Kitex Garments Appoints New Internal Auditor for FY27 Kitex Garments has appointed K. Venkatachalam Aiyer & Co, Chartered Accountants, as its new Internal Auditor for the financial year 2026-2027. The appointment was approved by the Board of Directors on 30th Jun'26, following a recommendation from the Audit Committee. K. Venkatachalam Aiyer & Co is one of India's oldest chartered accountancy firms. This appointment follows standard corporate governance procedures under SEBI regulations.