Kewal Kiran Clothing (NSE:KKCL) ROE %: 13.36% (As of Mar. 2026) — 30% Below Median


NSE:KKCL Kewal Kiran Clothing Ltd NSE:KKCL
85 GF Score
Price ₹494.65
GF Value ₹859.10
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Kewal Kiran Clothing ROE %?

Kewal Kiran Clothing NSE:KKCL -1.96% 85 ROE % is 13.36% as of Mar. 2026, which is 30% below its 10-year median of 19.13. GuruFocus rates NSE:KKCL with a GF Score™ of 85/100 and a GF Value™ of ₹859.10 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Kewal Kiran Clothing ranks better than 85.53% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kewal Kiran Clothing's annualized net income for the quarter that ended in Mar. 2026 was ₹1,240 Mil. Kewal Kiran Clothing's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹9,284 Mil. Therefore, Kewal Kiran Clothing's annualized ROE % for the quarter that ended in Mar. 2026 was 13.36%.

The historical rank and industry rank for Kewal Kiran Clothing's ROE % or its related term are showing as below:

NSE:KKCL' s ROE % Range Over the Past 10 Years
Min: 4.51   Med: 19.13   Max: 25.2
Current: 16.06

During the past 13 years, Kewal Kiran Clothing's highest ROE % was 25.20%. The lowest was 4.51%. And the median was 19.13%.

NSE:KKCL's ROE % is ranked better than
85.53% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.04 vs NSE:KKCL: 16.06

Kewal Kiran Clothing  (NSE:KKCL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1240/9283.8
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1240 / 12952)*(12952 / 15215.8)*(15215.8 / 9283.8)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.57 %*0.8512*1.639
=ROA %*Equity Multiplier
=8.15 %*1.639
=13.36 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1240/9283.8
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1240 / 1882.8) * (1882.8 / 2006.4) * (2006.4 / 12952) * (12952 / 15215.8) * (15215.8 / 9283.8)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6586 * 0.9384 * 15.49 % * 0.8512 * 1.639
=13.36 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Kewal Kiran Clothing ROE % Related Terms


Kewal Kiran Clothing ROE % Historical Data

* Premium members only.

The historical data trend for Kewal Kiran Clothing's ROE % 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.

Kewal Kiran Clothing ROE % Chart

Kewal Kiran Clothing Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.92 23.22 25.20 19.32 16.14

Kewal Kiran Clothing Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 14.46 15.08 20.84 15.16 13.36

NSE:KKCL vs RL, LEVI, VFC: ROE % Comparison

For the Apparel Manufacturing subindustry, Kewal Kiran Clothing's ROE %, along with its competitors' market caps and ROE % 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.


Kewal Kiran Clothing ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kewal Kiran Clothing's ROE % distribution charts can be found below:

* The bar in red indicates where Kewal Kiran Clothing's ROE % falls into.


NSE:KKCL
85GF Score
Kewal Kiran Clothing Ltd NSE:KKCL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kewal Kiran Clothing ROE % Calculation

Kewal Kiran Clothing's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=1419/( (8199.309+9383.7)/ 2 )
=1419/8791.5045
=16.14 %

Kewal Kiran Clothing's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1240/( (9183.9+9383.7)/ 2 )
=1240/9283.8
=13.36 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 13.36% mean?
Kewal Kiran Clothing (NSE:KKCL) has a ROE % of 13.36% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Kewal Kiran Clothing and its competitors. This is 30% below median its historical median of 19.13. Over the past decade, Kewal Kiran Clothing's ROE % has ranged from 4.51 to 25.20. According to the industry distribution chart, Kewal Kiran Clothing ranks #148 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 14.5%.
Is Kewal Kiran Clothing's ROE % too high?
Kewal Kiran Clothing's current ROE % of 13.36% is 30% below median its 10-year median of 19.13. Over the past 10 years, this metric has ranged from a low of 4.51 to a high of 25.20. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Kewal Kiran Clothing's value of 13.36% is 230.7% above this industry median. Based on the distribution chart, Kewal Kiran Clothing ranks #148 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Kewal Kiran Clothing has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kewal Kiran Clothing's ROE % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kewal Kiran Clothing ranks #148 out of 1023 companies for ROE %. This places Kewal Kiran Clothing in the top 15% of its industry — outperforming the majority of peers. The industry median ROE % is 4.04. Kewal Kiran Clothing's value of 13.36% is 230.7% above this benchmark. Historically, Kewal Kiran Clothing's own ROE % has ranged from 4.51 to 25.20 over the past decade. While the company's 10-year median is 19.13 vs. the industry median of 4.04, Kewal Kiran Clothing has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kewal Kiran Clothing's current ROE % of 13.36% is 230.7% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Kewal Kiran Clothing and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kewal Kiran Clothing's current ROE % is 13.36%, which is 30% below median its own 10-year median of 19.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kewal Kiran Clothing stock overvalued right now?
Based on GuruFocus' analysis, Kewal Kiran Clothing (NSE:KKCL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹859.10, compared to a current price of ₹494.65 — trading 42.4% below its estimated fair value. The current ROE % is 13.36%, which is 30% below median its 10-year median of 19.13 and 230.7% above the Manufacturing - Apparel & Accessories industry median of 4.04. Kewal Kiran Clothing's overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Kewal Kiran Clothing (NSE:KKCL), the current ROE % is 13.36% 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 Kewal Kiran Clothing (NSE:KKCL) Overvalued in 2026?

Based on GuruFocus' analysis, Kewal Kiran Clothing stock appears to be undervalued. The current stock price of ₹494.65 is trading 42.4% below its estimated GF Value™ of ₹859.10. GuruFocus considers Kewal Kiran Clothing to be Significantly Undervalued.

Key valuation signals for NSE:KKCL:

  • ROE %: 13.36% (30% below median its 10-year median of 19.13)
  • GF Value™: ₹859.10 vs. price of ₹494.65 (42.4% below fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 230.7% above the Manufacturing - Apparel & Accessories median (#148 of 1023)

No single metric tells the full story. See the NSE:KKCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kewal Kiran Clothing Business Description

Other Exchanges 532732:India
Address I.B. Patel Road, 460/7, Kewal Kiran Estate, Near Western Express Highway, Goregaon (East), Mumbai, MH, IND, 400 063
Kewal Kiran Clothing Ltd is engaged into manufacturing, marketing and retailing of branded readymade garments and finished accessories. Its brands include Killer, Easies, LawmanPg3, K-Lounge, and Integrity. The company has a presence in Asia, the Middle East, and others.
85GF Score

Get the complete analysis for NSE:KKCL

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

₹494.65
Price
₹859.10
GF Value