ConCallIQ
Go Pro
KEWALKIRANCLOTHING Diversified 15 May 2026

Kewal Kiran Clothing Limited — Q4 FY26

Kewal Kiran Clothing delivered a strong Q4 FY26 with consolidated revenue of ₹325 crore (+12.4% YoY) and full-year revenue of ₹1,212 crore (+20.9% YoY).

bullish high
Compare with...
Revenue ₹325 Cr +12.4%
EBITDA ₹62 Cr +18%
PAT ₹35 Cr
EBITDA Margin 19.6% +60bps
Duration 46 min
Read Time 1 min read

✓ Verified against BSE filing

2-Minute Summary

✦ AI-Generated from Full Transcript

Kewal Kiran Clothing delivered a strong Q4 FY26 with consolidated revenue of ₹325 crore (+12.4% YoY) and full-year revenue of ₹1,212 crore (+20.9% YoY). EBITDA for the quarter was ₹62 crore (+18% YoY), with margins expanding to 19.6% for FY26, above the guided 17-18% range. Growth was driven by double-digit volume growth of 16%, strong same-store sales growth of 6.8% (Q4) and 9.4% (FY26), and robust performance across brands including Killer, Cross, and Junior Killer. The company raised its three-year CAGR guidance from 15% to 20%, with organic growth of 15-18% supplemented by inorganic acquisitions. Management remains open to acquisitions across categories and price points. Key risk: raw material price inflation from global trade disruptions may pressure margins if not fully passed on.

Risks4 trackedTranscriptfull text
Research workspace

Focused Modules

!Risks 4 risks

Risk Intelligence

Raw material price inflation from global trade disruptions

View Risks →
Transcript Full text

Call Transcript

Full transcript text is available on this route.

Read Transcript →

Quarter Snapshot

Same-store sales growth (Q4 FY26) 6.8%
+6.8pp YoY

SSG for Q4 FY26 was 6.8%, indicating healthy like-for-like store performance.

Volume growth (Q4 FY26) 16%
+16% YoY

Consolidated volume grew 16% YoY, driven by design capabilities and consumer demand.

Total EBO count 666
+57 stores YoY

Net addition of 57 EBOs in FY26, taking total to 666 stores as of March 31, 2026.

Cross brand growth (FY26) >20%
>20% YoY

Cross brand grew upwards of 20% in FY26, its first full year under KKCL ownership.

Fast read

Guidance and risk preview

Top guidance Three-year revenue CAGR target raised to 20%

Management raised the Vision 2028 CAGR target from 15% to 20%, with organic growth of 15-18% and inorganic contribution of ~5%.

Top risk Raw material price inflation from global trade disruptions

Management acknowledged that raw material prices have increased substantially due to global trade disruptions, and the impact on margins is uncertain.

View Risks →