Kitex Garments Limited
Kitex Garments Limited manufactures and sells fabric and readymade garments for infants and children in India, the United States, and internationally. It manufactures and exports knitted fabrics and infant garments. The company sells baby suits, sleepwear, rompers, burps, bips, and training pants. It exports its products. Kitex Garments Limited was incorporated in 1992 and is headquartered in Ern… Read more
Kitex Garments Limited (KITEX) - Total Assets
Latest total assets as of September 2025: ₹27.42 Billion INR
Based on the latest financial reports, Kitex Garments Limited (KITEX) holds total assets worth ₹27.42 Billion INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Kitex Garments Limited - Total Assets Trend (2006–2025)
This chart illustrates how Kitex Garments Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Kitex Garments Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
Kitex Garments Limited's total assets of ₹27.42 Billion consist of 28.0% current assets and 72.0% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹283.03 Million | 1.5% |
| Accounts Receivable | ₹3.40 Billion | 13.1% |
| Inventory | ₹1.91 Billion | 7.4% |
| Property, Plant & Equipment | ₹16.23 Billion | 62.8% |
| Intangible Assets | ₹165.00K | 0.0% |
| Goodwill | ₹0.00 | 0.0% |
Asset Composition Trend (2006–2025)
This chart illustrates how Kitex Garments Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Kitex Garments Limited's current assets represent 28.0% of total assets in 2025, a decrease from 54.2% in 2006.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2025, down from 1.8% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is property, plant & equipment at 62.8% of total assets.
Kitex Garments Limited Competitors by Total Assets
Key competitors of Kitex Garments Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
C-SITE Co., Ltd.
KQ:109670
|
Korea | ₩103.69 Billion |
|
BYC Co Ltd
KO:001465
|
Korea | ₩731.11 Billion |
|
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003
|
China | CN¥6.94 Billion |
|
Fujian Septwolves Industry Co Ltd
SHE:002029
|
China | CN¥10.19 Billion |
|
Vivien Corp
KO:002070
|
Korea | ₩300.54 Billion |
|
Fujian SBS Zipper Science Tech
SHE:002098
|
China | CN¥2.22 Billion |
|
Zhejiang Baoxiniao Garment Co Ltd
SHE:002154
|
China | CN¥6.92 Billion |
|
Cedar Development Co Ltd
SHE:002485
|
China | CN¥1.80 Billion |
Kitex Garments Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Kitex Garments Limited generates 0.38x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Kitex Garments Limited generates $5.36 in net profit.
Kitex Garments Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.65 | 2.67 | 6.74 |
| Quick Ratio | 1.04 | 1.83 | 5.54 |
| Cash Ratio | 0.13 | 0.12 | 0.00 |
| Working Capital | ₹2.41 Billion | ₹ 4.54 Billion | ₹ 4.21 Billion |
Kitex Garments Limited - Advanced Valuation Insights
This section examines the relationship between Kitex Garments Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.14 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 34.4% |
| Total Assets | ₹25.87 Billion |
| Market Capitalization | $134.11 Million USD |
Valuation Analysis
Below Book Valuation: The market values Kitex Garments Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Kitex Garments Limited's assets grew by 34.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Kitex Garments Limited (2006–2025)
The table below shows the annual total assets of Kitex Garments Limited from 2006 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹25.87 Billion | +34.36% |
| 2024-03-31 | ₹19.25 Billion | +69.77% |
| 2023-03-31 | ₹11.34 Billion | +14.13% |
| 2022-03-31 | ₹9.94 Billion | +26.18% |
| 2021-03-31 | ₹7.87 Billion | -5.71% |
| 2020-03-31 | ₹8.35 Billion | +10.22% |
| 2019-03-31 | ₹7.58 Billion | +26.29% |
| 2018-03-31 | ₹6.00 Billion | +10.43% |
| 2017-03-31 | ₹5.43 Billion | -11.88% |
| 2016-03-31 | ₹6.17 Billion | +15.18% |
| 2015-03-31 | ₹5.35 Billion | +32.58% |
| 2014-03-31 | ₹4.04 Billion | +36.88% |
| 2013-03-31 | ₹2.95 Billion | +10.28% |
| 2012-03-31 | ₹2.67 Billion | +7.03% |
| 2011-03-31 | ₹2.50 Billion | +10.19% |
| 2010-03-31 | ₹2.27 Billion | +6.11% |
| 2009-03-31 | ₹2.14 Billion | +16.56% |
| 2008-03-31 | ₹1.83 Billion | +11.51% |
| 2007-03-31 | ₹1.64 Billion | +145.10% |
| 2006-03-31 | ₹670.87 Million | -- |