KITEX
Kitex Garments Limited
Each stock's 10,000-path forecast, rendered as light.
Kitex Garments Limited (KITEX) Stock Analysis & Case Study
Is KITEX a good buy? The data-driven verdict.
Kitex Garments Limited (KITEX) trades at ₹145,on the numbers it high-risk on the numbers, a Downstox Snapshot Score of 28/100.
On the numbers, Kitex Garments Limited (KITEX) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing expensive at 288.0× earnings, ROE of 1.0%, a 47% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
KITEX fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How KITEX ranks against the 2,373 companies in our screener
- KITEX's market cap of 2,890 Cr ranks in the 57th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- KITEX's book value of ₹52 ranks in the 34th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- KITEX's promoter holding of 56.7% ranks in the 45th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- KITEX's 3-year profit (PAT) growth of -44.0% ranks in the bottom 4% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- KITEX's 3-year revenue growth of 6.0% ranks in the 38th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- KITEX's debt-to-equity ratio of 1.16x is lower than 11% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is KITEX overvalued? KITEX P/E vs peers
KITEX trades at 288.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
KITEX share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of KITEX history (3%/yr drift, 61%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| KITEX 2027 | ₹62 | ₹137 | ₹302 | -6% |
| KITEX 2028 | ₹42 | ₹129 | ₹394 | -11% |
| KITEX 2029 | ₹30 | ₹122 | ₹488 | -16% |
| KITEX 2030 | ₹24 | ₹115 | ₹561 | -21% |
| KITEX 2031 | ₹19 | ₹108 | ₹619 | -25% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability KITEX goes up, or doubles?
The bull case for KITEX
- Kitex Garments Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹488.
The bear case & risks
- KITEX's P/E of 288.0x is lower than 4% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- KITEX's return on equity of 1.0% ranks in the 14th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- High historical volatility (61%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹30.
KITEX volatility & expected range, how bumpy is the ride?
Over the last 9.8 years KITEX compounded at 3%/year with annualized volatility of 61%. That volatility implies a 1-year 80% range of ₹62-₹302, the honest backbone behind any single price target.
KITEX price forecast, the full 60-month probability fan
KITEX price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds KITEX hits common targets within the simulated horizon?
Full multi-horizon detail on the KITEX price target & forecast page.
KITEX Piotroski F-Score: 4/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. KITEX scores 4/8, mixed financial health.
KITEX MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy KITEX with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 40.02% | 2.5× |
| ZerodhaCHEAPEST | 39.96% | 2.5× |
| Groww | 40.26% | 2.5× |
| Dhan | 40.00% | 2.5× |
| Kotak Neo | 100.00% | 1.0× |
| Paytm Money | 40.26% | 2.5× |
| Pocketful | 40.95% | 2.4× |
| Anand RathiCHEAPEST | 39.96% | 2.5× |
| Bajaj Broking | 60.00% | 1.7× |
| Share India | 40.20% | 2.5× |
Compare every broker on the KITEX MTF page.
About Kitex Garments Limited: sector, index & market-cap context
Kitex Garments Limited (KITEX) is a small-cap NSE-listed company, with a market capitalisation of ₹2,890 Cr. See more stocks on our screener.
How the KITEX Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Kitex Garments Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
KITEX analysis, FAQs
Is Kitex Garments Limited (KITEX) a good buy?
On the numbers, Kitex Garments Limited (KITEX) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing expensive at 288.0× earnings, ROE of 1.0%, a 47% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is KITEX overvalued or undervalued?
KITEX trades at 288.0× earnings, expensive versus the ~22× long-run Nifty average.
What is the KITEX share price target for 2031?
KITEX's probability-weighted 2031 median target is ₹108, with an 80% range of ₹19-₹619 (10,000-path Monte-Carlo).
What is the probability KITEX doubles in 5 years?
The modelled probability of KITEX reaching ₹290 (2×) within 5 years is 23%.
What is the bull case for KITEX?
Kitex Garments Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
What are the risks in KITEX?
KITEX's P/E of 288.0x is lower than 4% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. KITEX's return on equity of 1.0% ranks in the 14th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (61%/yr) means a wide, bumpy range of outcomes, size positions accordingly.