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Kewal Kiran Clothing Ltd
NSE:KKCL

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Kewal Kiran Clothing Ltd
NSE:KKCL
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Price: 468.25 INR 0.13%
Market Cap: 28.9B INR

Kewal Kiran Clothing Ltd
Investor Relations

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.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Oct 16, 2025
AI Summary
Q2 2026

Strong Revenue Growth: Kewal Kiran Clothing reported Q2 FY26 consolidated revenue of INR 354 crores, up 14.9% YoY, with apparel volume growth of 17.3%.

Margin Expansion: EBITDA margin reached 20%, ahead of the guided 17–18% range, helped by higher volumes, better product mix, and cost efficiency.

Retail Expansion: 29 net new exclusive brand outlets (EBOs) were added, bringing the total to 652 stores, with a focus on Tier 1–3 cities.

Kraus Integration Progress: Kraus brand grew 20% in the quarter; its working capital efficiency is improving but not yet at KKCL levels.

Festive and Market Outlook: Early festive demand feedback is positive; GST reduction on selected apparel is seen as a tailwind for future growth.

Strategic Focus: Plans include further EBO expansion, new category launches like Killer Women's wear, and leveraging AI in supply chain and analytics.

Guidance Maintained: Management reiterated double-digit growth ambitions and maintained 17–18% EBITDA margin guidance for the year.

Key Financials
Consolidated Revenue
INR 354 crores
Stand-alone Revenue
INR 288 crores
Apparel Volume Growth
17.3% YoY
Average Realization per Unit
up 22.1% YoY
EBITDA
INR 71 crores
EBITDA Margin
20%
Exclusive Brand Outlets (EBOs)
652 stores
Killer EBOs
437 stores
Retail Channel Revenue Growth
14% YoY
Non-retail Channel Revenue Growth
15% YoY
Kraus Revenue Growth
20% YoY
Working Capital Days (KKCL)
132 days
Working Capital Days (Kraus)
151 days
PAT (H1 FY26)
INR 20.7 crores
Other Income (annualized)
INR 30 crores
SSG (Same Store Growth)
9% for the quarter
Other Earnings Calls

Management

Mr. Kewalchand Pukhraj Jain
Chairman & MD
No Bio Available
Mr. Hemant Pukhraj Jain
Joint MD & Whole Time Director
No Bio Available
Mr. Bharat Assudomal Adnani
CFO & Chief Investor Relations Officer
No Bio Available
Mr. Abhijit B. Warange C.S.
VP of Legal, Company Secretary & Compliance Officer
No Bio Available
Sangeeta Singh
Chief Human Resources Officer
No Bio Available
Mr. Dinesh Pukhraj Jain
Whole Time Director
No Bio Available
Mr. Nimesh N. Anandpara
Deputy Chief Financial Officer
No Bio Available
Mr. Ashish Barodia
Head Operations of Easies
No Bio Available
Mr. Pankaj K. Jain
President of Retail Division
No Bio Available

Contacts

Address
MAHARASHTRA
Mumbai
Kewal Kiran Estate, Behind Tirupati Udyog,, 460/7, I. B. Patel Road,, Near W. E. Highway, Goregaon (East),
Contacts
+912226814400
www.kewalkiran.com