Kewal Kiran Clothing Reports Strong Q3FY26 Results with 18% Revenue Growth
Kewal Kiran Clothing delivered impressive Q3 FY26 performance with revenue growing 18% to ₹301.1 crores and PAT surging 45.3% to ₹37.9 crores. The company expanded its retail network by adding 14 EBOs and declared a first interim dividend of ₹2 per share for FY26, scheduled for payment on or after February 24, 2026.

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Kewal Kiran Clothing Limited announced its audited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results in their meeting held on February 10, 2026, which commenced at 1:00 PM and concluded at 4:00 PM.
Consolidated Financial Performance Highlights
The company delivered robust performance across key financial metrics, demonstrating strong operational efficiency and growth momentum.
| Metric: | Q3 FY26 | Q3 FY25 | YoY Growth | 9M FY26 | 9M FY25 | YoY Growth |
|---|---|---|---|---|---|---|
| Revenue from Operations: | ₹301.1 crores | ₹255.2 crores | 18.0% | ₹889.0 crores | ₹714.6 crores | 24.4% |
| Gross Profit: | ₹131.1 crores | ₹105.6 crores | 24.1% | ₹378.8 crores | ₹303.1 crores | 25.0% |
| EBITDA: | ₹63.0 crores | ₹46.9 crores | 34.2% | ₹175.5 crores | ₹138.5 crores | 26.8% |
| PAT: | ₹37.9 crores | ₹26.1 crores | 45.3% | ₹117.2 crores | ₹119.0 crores | -1.5% |
Margin Performance and Profitability
The company achieved impressive margin expansion during the quarter, with EBITDA margin reaching 20.9% in Q3 FY26, surpassing management guidance. Gross profit margin improved to 43.5% from 41.4% in the previous year, while PAT margin expanded to 12.5% from 10.2%.
| Parameter: | Q3 FY26 | Q3 FY25 | 9M FY26 | 9M FY25 |
|---|---|---|---|---|
| Gross Profit Margin: | 43.5% | 41.4% | 42.6% | 42.4% |
| EBITDA Margin: | 20.9% | 18.4% | 19.7% | 19.4% |
| PAT Margin: | 12.5% | 10.2% | 12.8% | 15.6% |
Retail Expansion and Distribution Network
The company continued its strategic expansion during the quarter, adding a net of 14 Exclusive Brand Outlets (EBOs), bringing the total count to 666 EBOs. The company maintains its presence across 3,000+ Multi-Brand Outlets (MBOs) and major national retail chains, strengthening its market reach.
Interim Dividend Declaration and Payment Details
In line with strong performance and positive outlook, the Board of Directors declared a first interim dividend of 20% i.e., ₹2.00 per equity share of face value ₹10.00 each for FY26. The dividend will be paid on 6,16,25,185 equity shares, with payment scheduled on or after February 24, 2026. The record date for determining shareholder eligibility has been fixed on Monday, February 16, 2026.
| Parameter: | Details |
|---|---|
| Interim Dividend: | ₹2.00 per equity share (20%) |
| Face Value: | ₹10.00 per share |
| Total Equity Shares: | 6,16,25,185 shares |
| Record Date: | February 16, 2026 |
| Payment Date: | On or after February 24, 2026 |
| Regulation: | SEBI Regulation 43(1) read with Regulation 30 |
Management Commentary and Outlook
Mr. Hemant Jain, Joint Managing Director, expressed satisfaction with the robust Q3 performance, highlighting sustained double-digit sales growth of 18.0% driven by volume and value growth. He emphasized the company's focus on operational efficiency and disciplined execution of growth strategies, which resulted in impressive EBITDA margin expansion and 34% increase in EBITDA.
Regulatory Compliance and Upcoming Events
The company filed the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The results were audited by M/s. N.A.Shah Associates LLP and M/s. Jain & Trivedi, Chartered Accountants. An earnings conference call has been scheduled for February 12, 2026, at 12:30 PM IST to discuss the Q3 and 9M FY26 performance with investors and analysts.
Historical Stock Returns for Kewal Kiran Clothing
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.01% | -6.60% | -1.89% | -10.50% | +2.08% | +157.56% |


































