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Earnings Call Transcript

Kewal Kiran Clothing Earnings Call Transcript: Key Takeaways

KKCL reports robust Q1'FY2027 performance with 19% revenue growth and 29% PAT growth, driven by aggressive EBO expansion and strong performance across multi-brand labels.

Guidance and delivery
EBITDA Margin: guided vs achieved 19.00% achieved Guided 17.00%–18.00%, 5.6% above the top of the range; confirmed by management
Management target Revenue 15.0% FY2028
Highlights
Revenue growth19% Y-o-Y for Q1'FY2027
MarginsExpanding due to operating leverage and cost discipline
Demand visibilityStrong growth in Kids segment and EBO channels
Management confidenceHigh; outpacing Vision 2028 trajectory in FY26

Growth

Revenue reached ₹279 Cr (up 19% Y-o-Y); EBITDA grew 29% to ₹54 Cr with margins expanding to 19%.

Outlook

Targeting ₹1,500 Cr revenue by FY2028 with 17-18% margins and expanding to 900 EBOs.

Risks

Potential raw material price volatility and competitive intensity in the mid-market and D2C fashion segments.

Last quarter's promises, checked

Delivered

  • EBITDA Margin 17-18% → delivered 19.6% (= BEAT)
  • Revenue Growth 15% → delivered 20.9% (= BEAT)
  • EBO Additions 50-70 → delivered 57 (= BEAT)

Partly delivered

  • Working Capital 130-140 days → delivered 140+ (receivables up to ₹320Cr) (= PARTIAL)
Source

Earnings Call Transcript filed with NSE, NSE: KKCL. Summary written with AI assistance from the document.

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Kewal Kiran Clothing Ltd: key numbers

Share price
₹467.85
Market cap
₹2,883 Cr
Revenue (annual)
₹1,213 Cr
Net profit (annual)
₹141.9 Cr
P/E (TTM)
19.5×Sector 55.7×
Promoter holding
74.29%+0.00% QoQ
FII holding
2.37%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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