Kitex Garments (NSE:KITEX) ROCE %: 2.32% (As of Mar. 2026)


NSE:KITEX Kitex Garments Ltd NSE:KITEX
67 GF Score
Price ₹162.43
GF Value ₹133.97
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Kitex Garments ROCE %?

Kitex Garments NSE:KITEX -3.25% 67 ROCE % is 2.32% 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Kitex Garments's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.32%.

Kitex Garments  (NSE:KITEX) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Kitex Garments ROCE % Related Terms

Kitex Garments ROCE % Historical Data

* Premium members only.

The historical data trend for Kitex Garments's ROCE % 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 ROCE % Chart

Kitex Garments Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.69 8.90 6.66 10.02 2.15

Kitex Garments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 9.16 5.52 1.00 0.05 2.32
NSE:KITEX
67GF Score
Kitex Garments Ltd NSE:KITEX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kitex Garments ROCE % Calculation

Kitex Garments's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=536.282/( ( (25866.181 - 2866.346) + (30420.65 - 3447.868) )/ 2 )
=536.282/( (22999.835+26972.782)/ 2 )
=536.282/24986.3085
=2.15 %

Kitex Garments's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=625.292/( ( (0 - 0) + (30420.65 - 3447.868) )/ 1 )
=625.292/( ( 0 + 26972.782 )/ 1 )
=625.292/26972.782
=2.32 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 2.32% mean?
Kitex Garments (NSE:KITEX) has a ROCE % of 2.32% as of Mar. 2026.
Is Kitex Garments' ROCE % too high?
Kitex Garments' current ROCE % is 2.32%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. Kitex Garments' value of 2.32% is 62.2% below this industry median. 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' ROCE % compare to RL and LEVI?
Kitex Garments' ROCE % of 2.32% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. Kitex Garments' value of 2.32% is 62.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,040 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kitex Garments's current ROCE % of 2.32% is 62.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitex Garments's current ROCE % is 2.32%. 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 ROCE % is 2.32% and 62.2% below the Manufacturing - Apparel & Accessories industry median of 6.14. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Kitex Garments (NSE:KITEX), the current ROCE % is 2.32% 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:

  • ROCE %: 2.32%
  • GF Value™: ₹133.97 vs. price of ₹162.43 (21.2% above fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 62.2% below the Manufacturing - Apparel & Accessories median

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.
67GF Score

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

₹162.43
Price
₹133.97
GF Value