Kitex Garments (NSE:KITEX) Other Current Assets: ₹743 Mil (As of Mar. 2026)

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NSE:KITEX Kitex Garments Ltd NSE:KITEX
71 GF Score
Price ₹146.34
GF Value ₹135.12
Valuation Fairly Valued
! 6 Warning Signs
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What is Kitex Garments Other Current Assets?

Kitex Garments NSE:KITEX +0.43% 71 Other Current Assets is ₹743 Mil as of Mar. 2026. GuruFocus rates NSE:KITEX with a GF Score™ of 71/100 and a GF Value™ of ₹135.12 (Fairly Valued). The stock has 6 warning signs investors should review.

Kitex Garments's other current assets for the quarter that ended in Mar. 2026 was ₹743 Mil.

Kitex Garments's quarterly other current assets declined from Sep. 2025 (₹602 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹743Mil).

Kitex Garments's annual other current assets increased from Mar. 2024 (₹773 Mil) to Mar. 2025 (₹1,137 Mil) declined from Mar. 2025 (₹1,137 Mil) to Mar. 2026 (₹743 Mil).


Kitex Garments Other Current Assets Related Terms


Kitex Garments Other Current Assets Historical Data

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The historical data trend for Kitex Garments's Other Current Assets 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.

Kitex Garments Other Current Assets Chart

Kitex Garments Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 498.13 716.11 773.18 1,137.36 743.02

Kitex Garments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,137.36 0.00 602.23 0.00 743.02
NSE:KITEX
71GF Score
Kitex Garments Ltd NSE:KITEX
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Kitex Garments Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of ₹743 Mil mean?
Kitex Garments (NSE:KITEX) has a Other Current Assets of ₹743 Mil as of Mar. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Kitex Garments.
Is Kitex Garments' Other Current Assets too high?
Kitex Garments' current Other Current Assets is ₹743 Mil. Overall, Kitex Garments has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kitex Garments' Other Current Assets compare to RL and LEVI?
Kitex Garments' Other Current Assets of ₹743 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Manufacturing - Apparel & Accessories company?
A good Other Current Assets depends on the Manufacturing - Apparel & Accessories industry context. However, Other Current Assets 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 Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Kitex Garments. Kitex Garments's current Other Current Assets is ₹743 Mil. 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 Fairly Valued. The stock's GF Value™ is ₹135.12, compared to a current price of ₹146.34 — trading 8.3% above its estimated fair value. The current Other Current Assets is ₹743 Mil. Kitex Garments' overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Kitex Garments (NSE:KITEX), the current Other Current Assets is ₹743 Mil 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 ₹146.34 is trading 8.3% above its estimated GF Value™ of ₹135.12. GuruFocus considers Kitex Garments to be Fairly Valued.

Key valuation signals for NSE:KITEX:

  • Other Current Assets: ₹743 Mil
  • GF Value™: ₹135.12 vs. price of ₹146.34 (8.3% above fair value)
  • GF Score™: 71/100 with 6 warning signs

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 Business Description

Other Exchanges 521248:India
Address Vilangu P.O., Aluva, Kizhakkambalam, Building No. VI/496, Kunnathunad, Kochi, KL, IND, 683561
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.
71GF Score

Get the complete analysis for NSE:KITEX

Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹146.34
Price
₹135.12
GF Value