Kewal Kiran Clothing Reports Strong Q2 FY26 Results with 14.9% Revenue Growth
Kewal Kiran Clothing Limited reported robust Q2 FY26 results with consolidated revenue reaching ₹354.00 crores, a 14.90% YoY increase. Standalone revenue grew by 14.00% to ₹288.00 crores. The company saw a 17.30% growth in apparel volume and a 22.10% increase in average realization per unit. EBITDA stood at ₹71.00 crores with a 20.00% margin, exceeding the guided range. The company added 29 exclusive brand outlets, bringing the total store count to 652. Kewal Kiran Clothing reaffirmed its Vision 2028 roadmap, targeting ₹1,500.00 crores in revenue and planning to open 90-100 stores annually.

*this image is generated using AI for illustrative purposes only.
Kewal Kiran Clothing Limited , a prominent player in the Indian apparel industry, has reported robust financial results for the second quarter of fiscal year 2026, showcasing significant growth across key metrics.
Financial Highlights
The company's performance for Q2 FY26 demonstrates solid growth:
| Metric | Q2 FY26 | YoY Growth |
|---|---|---|
| Consolidated Revenue | ₹354.00 crores | 14.90% |
| Standalone Revenue | ₹288.00 crores | 14.00% |
| Apparel Volume Growth | - | 17.30% |
| Average Realization per Unit | - | 22.10% |
| EBITDA | ₹71.00 crores | - |
| EBITDA Margin | 20.00% | - |
The company's EBITDA margin of 20.00% surpassed the guided range of 17-18%, indicating strong operational efficiency.
Retail Expansion
Kewal Kiran Clothing continues to strengthen its retail presence:
- Added 29 exclusive brand outlets (EBOs) during the quarter
- Total store count reached 652 as of September 30, 2025
- Killer brand maintains dominance with 437 EBOs
Brand Performance and Future Outlook
The company reported positive responses to its spring-summer 2026 trade shows across all major brands. This favorable reception, coupled with the government's GST reduction on selected apparel price points, may contribute to future growth prospects.
Strategic Vision
Kewal Kiran Clothing reaffirmed its commitment to its Vision 2028 roadmap:
- Target revenue: ₹1,500.00 crores through organic growth
- Planned store openings: 90-100 annually
- Exploring potential acquisitions for inorganic growth
The company's strong quarterly performance, coupled with its expansion plans and positive market conditions, positions it well for continued growth in the Indian apparel sector. However, investors should note that future performance may be subject to market conditions and successful execution of the company's strategic initiatives.
Historical Stock Returns for Kewal Kiran Clothing
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.78% | -1.41% | -4.25% | +15.22% | -19.51% | +221.72% |

































