Kewal Kiran Clothing Ltd
NSE:KKCL
Kewal Kiran Clothing Ltd
Kewal Kiran Clothing Ltd. operates as a holding company, which engages in the manufacturing and marketing of apparels and trading of lifestyle accessories and products. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2006-04-07. The firm deals in various categories, including apparel, footwear and accessories with a portfolio of its own brands. The Company’s brands operate in various market, which includes the premium Luxury market, premium middle-market and premium mass-market. The company is focused on fashionwear, partywear, loungewear and athleisure brands. The Company’s product portfolio consists of a mix of bottom wear and to wear products spread across jeans, trousers, shirts, t-shirts, jackets, pullovers and other. The Company’s brands include Killer, Lawman Pg3, Integriti, K-Lounge and Easies. The firm operates in approximately 24 states and four union territories in India. In addition, it also serves to international customers in select countries across the world.
Kewal Kiran Clothing Ltd. operates as a holding company, which engages in the manufacturing and marketing of apparels and trading of lifestyle accessories and products. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2006-04-07. The firm deals in various categories, including apparel, footwear and accessories with a portfolio of its own brands. The Company’s brands operate in various market, which includes the premium Luxury market, premium middle-market and premium mass-market. The company is focused on fashionwear, partywear, loungewear and athleisure brands. The Company’s product portfolio consists of a mix of bottom wear and to wear products spread across jeans, trousers, shirts, t-shirts, jackets, pullovers and other. The Company’s brands include Killer, Lawman Pg3, Integriti, K-Lounge and Easies. The firm operates in approximately 24 states and four union territories in India. In addition, it also serves to international customers in select countries across the world.
Revenue Growth: Kewal Kiran Clothing reported consolidated Q3 revenue of INR 301 crores, up 18% year-on-year, with 24.4% growth for the 9-month period.
EBITDA Margin Expansion: EBITDA grew 34.2% year-on-year to INR 63 crores, with margins rising to 20.9%, surpassing guidance of 17%–18%.
Gross Margin Improvement: Gross margin increased to 42% from last year’s 40%, a level management believes is sustainable.
Store Network Growth: The company added 14 net EBOs in the quarter, reaching 666 stores, with the flagship Killer brand operating 456 EBOs.
Brand Strategy Shifts: Lawman pivoted to a D2C focus with 93 EBOs in 14–15 months, while Integriti was repositioned for modern trade at revised price points.
Kraus Brand Success: Kraus posted 37.5% growth in the quarter, EBITDA margin of 23.7%, and L2L growth over 10%.
Guidance Maintained: Management reaffirmed double-digit growth for the coming years and is targeting INR 1,500 crores in sales by FY28.
Exports & M&A: International expansion and further acquisitions are being considered but are not immediate priorities.
