Kitex GarmentsNSE:KITEX -3.25%67 Net Margin % is -2.36% as of Mar. 2026. GuruFocus rates NSE:KITEX with a GF Score™ of 67/100 and a GF Value™ of ₹133.97 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,040 Manufacturing - Apparel & Accessories companies, Kitex Garments ranks worse than 62.4% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Kitex Garments's Net Income for the
three
months ended in Mar. 2026 was ₹-39 Mil. Kitex Garments's Revenue for the
three
months ended in Mar. 2026 was ₹1,662 Mil. Therefore, Kitex Garments's net margin for the quarter that ended in Mar. 2026 was -2.36%.
The historical rank and industry rank for Kitex Garments's Net Margin % or its related term are showing as below:
NSE:KITEX'
s Net Margin % Range Over the Past 10 Years
Min: 0.89 Med: 12.69 Max: 17.21
Current: 0.89
NSE:KITEX's Net Margin % is ranked worse than 62.4% of 1040
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.58
vs NSE:KITEX: 0.89
Kitex Garments (NSE:KITEX) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Kitex Garments Net Margin % Related Terms
Kitex Garments Net Margin % Historical Data
* Premium members only.
The historical data trend for Kitex Garments's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:KITEX vs RL, LEVI, VFC: Net Margin % Comparison
For the Apparel Manufacturing subindustry, Kitex Garments's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kitex Garments Net Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kitex Garments's Net Margin % distribution charts can be found below:
* The bar in red indicates where Kitex Garments's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Kitex Garments (NSE:KITEX) has a Net Margin % of -2.36% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Kitex Garments and its competitors. Over the past decade, Kitex Garments' Net Margin % has ranged from 0.89 to 17.21. According to the industry distribution chart, Kitex Garments ranks #649 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 62.4%.
Is Kitex Garments' Net Margin % too high?
Kitex Garments' current Net Margin % is -2.36%. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 17.21. Based on the distribution chart, Kitex Garments ranks #649 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Kitex Garments has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kitex Garments' Net Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kitex Garments ranks #649 out of 1040 companies for Net Margin %. This places Kitex Garments in the lower half of its industry. The industry median Net Margin % is 2.58. Historically, Kitex Garments' own Net Margin % has ranged from 0.89 to 17.21 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.58, based on 1,040 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Kitex Garments and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitex Garments's current Net Margin % is -2.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitex Garments stock overvalued right now?
Based on GuruFocus' analysis, Kitex Garments (NSE:KITEX) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹133.97, compared to a current price of ₹162.43 — trading 21.2% above its estimated fair value. The current Net Margin % is -2.36%. Kitex Garments' overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Kitex Garments (NSE:KITEX), the current Net Margin % is -2.36% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kitex Garments (NSE:KITEX) Overvalued in 2026?
Based on GuruFocus' analysis, Kitex Garments stock appears to be overvalued.
The current stock price of ₹162.43 is trading 21.2% above its estimated GF Value™ of ₹133.97.
GuruFocus considers Kitex Garments to be Modestly Overvalued.
Key valuation signals for NSE:KITEX:
Net Margin %: -2.36%
GF Value™: ₹133.97 vs. price of ₹162.43 (21.2% above fair value)
No single metric tells the full story. See the NSE:KITEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kitex Garments Ltd manufactures cotton garments and fabrics. Garments account for the company's revenue and focus on infant wear such as body suits, sleepwear, rompers, burps, bibs, and training pants. Kitex manufactures the products for companies such as Carters, Gerber, Mothercare, Jockey, Children's Place, Kohl's, and Toys R. The company also owns the Little Star brand and licenses the Lamaze brand for distribution in the United States and Canada. Kitex exports almost all the garments it produces, which it manufactures in India, to the United States and Europe.
67GF Score
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