
Consumer Durables
Valuation | |
|---|---|
| Market Cap | 303.74 Cr |
| Price/Earnings (Trailing) | 66.11 |
| Price/Sales (Trailing) | 0.66 |
| EV/EBITDA | 6.11 |
| Price/Free Cashflow | 8.24 |
| MarketCap/EBT | 26.74 |
| Enterprise Value | 419.06 Cr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -4.3% |
| Price Change 1M | -5.8% |
| Price Change 6M | -37.2% |
| Price Change 1Y | -54% |
| 3Y Cumulative Return | -7% |
| 5Y Cumulative Return | 4.2% |
| 7Y Cumulative Return | -13.4% |
| Revenue (TTM) |
| 463.07 Cr |
| Rev. Growth (Yr) | -36.3% |
| Earnings (TTM) | 4.6 Cr |
| Earnings Growth (Yr) | -28.2% |
Profitability | |
|---|---|
| Operating Margin | 2% |
| EBT Margin | 2% |
| Return on Equity | 2.78% |
| Return on Assets | 0.80% |
| Free Cashflow Yield | 12.14% |
| Cash Flow from Investing (TTM) | -8.88 Cr |
| Cash Flow from Operations (TTM) | 67.07 Cr |
| Cash Flow from Financing (TTM) | -41.53 Cr |
| Cash & Equivalents | 5.89 Cr |
| Free Cash Flow (TTM) | 55.13 Cr |
| Free Cash Flow/Share (TTM) | 30 |
Balance Sheet | |
|---|---|
| Total Assets | 576.11 Cr |
| Total Liabilities | 410.33 Cr |
| Shareholder Equity | 165.78 Cr |
| Current Assets | 382.9 Cr |
| Current Liabilities | 278.43 Cr |
| Net PPE | 45.66 Cr |
| Inventory | 143.92 Cr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.21 |
| Debt/Equity | 0.73 |
| Interest Coverage | -0.58 |
| Interest/Cashflow Ops | 3.43 |
Dividend & Shareholder Returns | |
|---|---|
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 2.3% |
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Reasonably good balance sheet.
Growth: Declining Revenues! Trailing 12m revenue has fallen by -25.6% in past one year. In past three years, revenues have changed by -34.2%.
Momentum: Stock is suffering a negative price momentum. Stock is down -5.8% in last 30 days.
Technicals: SharesGuru indicator is Bearish.
Size: It is a small market cap company and can be volatile.
Dividend: Stock hasn't been paying any dividend.
Past Returns: Underperforming stock! In past three years, the stock has provided -7% return compared to 12.8% by NIFTY 50.
Smart Money: Smart money is losing interest in the stock.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Reasonably good balance sheet.
Growth: Declining Revenues! Trailing 12m revenue has fallen by -25.6% in past one year. In past three years, revenues have changed by -34.2%.
Momentum: Stock is suffering a negative price momentum. Stock is down -5.8% in last 30 days.
Technicals: SharesGuru indicator is Bearish.
Size: It is a small market cap company and can be volatile.
Dividend: Stock hasn't been paying any dividend.
Past Returns: Underperforming stock! In past three years, the stock has provided -7% return compared to 12.8% by NIFTY 50.
Smart Money: Smart money is losing interest in the stock.
Investor Care | |
|---|---|
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 2.5 |
Financial Health | |
|---|---|
| Current Ratio | 1.38 |
| Debt/Equity | 0.73 |
Technical Indicators | |
|---|---|
| RSI (14d) | 45.23 |
| RSI (5d) | 42.34 |
| RSI (21d) | 40.3 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Summary of Khadim India's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management has provided a cautiously optimistic outlook for Khadim India Limited for H2 FY '26, emphasizing recovery in urban markets and strengthening consumer sentiment. Key points include:
Financial Performance: For Q2 FY '26, revenue from operations was INR 1,016 million, with a gross profit of INR 478.7 million (gross margin of 47.1%). EBITDA was INR 137.9 million (EBITDA margin of 13.6%), and profit after tax (PAT) was INR 16.8 million (PAT margin of 1.7%). For H1 FY '26, revenue reached INR 1,973 million with a gross profit of INR 935 million (gross margin of 47.4%).
Consumer Dynamics: Management noted mixed demand trends influenced by inflation. While there were early signs of recovery in urban areas, caution persisted in certain regions.
Positive Developments: The successful implementation of GST is expected to improve gross margins in H2, with management anticipating better performance following price reductions after GST benefits were passed to consumers.
Product Strategy: New partnerships and product innovations, including the collaboration with Skechers and the expansion of the Athleisure product line, have shown strong consumer interest. The British Walkers and Sharon sub-brands maintained steady growth, with British Walkers seeing double-digit growth in formal and semi-formal segments.
Inventory Management: Retail footprint is currently 893 stores (210 company-owned and 683 franchise-operated). The company aims to optimize inventory levels moving forward.
Future Expectations: Management expects to improve margins in the third quarter due to the full quarter impact of GST reductions. With the ongoing festive and wedding seasons, a rise in footfalls and sales is anticipated, particularly in the lower price segments.
Distribution Business: The distribution subsidiary, KSR Footwear Limited, is expected to be listed soon, with management confident it will enhance operational efficiency and profitability.
Overall, Khadim India Limited is positioned to leverage product innovation and favorable market conditions to drive growth while maintaining a focus on cost management and strategic expansion.
Understand Khadim India ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Khadim Development Company Private Limited | 50.46% |
| Siddhartha Royburman | 8.88% |
| Girish Gulati HUF | 1.39% |
| Bharadhwajan jaganathan velamur | 1.36% |
| Pankaj Prasoon | 1.27% |
| Mauryan India Fund | 1.25% |
| Shalu Aggarwal | 1.05% |
Detailed comparison of Khadim India against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Comprehensive comparison against sector averages
KHADIM metrics compared to Consumer
| Category | KHADIM | Consumer |
|---|---|---|
| PE | 67.44 | 58.48 |
| PS | 0.67 | 4.41 |
| Growth | -25.6 % | 3.6 % |
Khadim India Limited manufactures, wholesales, and retails footwear in India. The company offers formal, casual, sports, ethnic, school, and labour shoes; sandals and floaters, slippers and flip-flops, flats, heels, and ballerina, as well as leather accessories that include wallets and bags. It offers its products under the Khadim's, British Walkers, Lazard, Turk, Pro, Sharon, Cleo, Waves, Softouch, Adrianna, Bonito and Schooldays brands for men, women, and children. The company also sells its products online. It also exports its products. The company was formerly known as Khadim Chain Stores Limited and changed its name to Khadim India Limited in August 2005. Khadim India Limited was incorporated in 1981 and is based in Kolkata, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
KHADIM vs Consumer (2021 - 2026)
Question: "Is there any update on the listing of our distribution subsidiary, KSR Footwear Limited?"
Question: "Can we expect some gross margin improvement in the second half now that the GST cut has been implemented?"
Question: "What happened to the gross margins, which didn't improve quarter-on-quarter?"
Question: "What insights do you have regarding consumer footfalls following the GST cut?"
Question: "What was the performance of COCO and franchise stores for Q2?"
Question: "What were the reasons for the delay in KSR's demerger?"
Question: "How do you expect consumer demand to evolve with the recent GST reduction?"
Question: "How do you see the performance of the distribution business given the changes?"
Question: "What is the expected contribution of e-commerce sales?"
Question: "What are the plans for store additions and closures?"
| Tanusree Royburman | 0.48% |
| Rittick Roy Burman | 0.03% |
| Ritoban Roy Burman | 0.02% |
| Rilina Mitra | 0% |
| Timir Baran Dutta | 0% |
| Jayasri Maity Burman | 0% |
| Manjusree Pandey | 0% |
| Sheila Departmental Stores Private Limited | 0% |
| K M Khadim & Company | 0% |
| Bee Tee Enterprise | 0% |
| St Marys Clinic & Drug Stores | 0% |
| Khadim Enterprises | 0% |
| S P Roy Burman Foundation | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| 101 |
| 97 |
| 91 |
| 163 |
| 159 |
| 155 |
| Profit Before exceptional items and Tax | 166% | 2.25 | 1.47 | 6.06 | 1.58 | 3.18 | 0.9 |
| Total profit before tax | 166% | 2.25 | 1.47 | 6.06 | 1.58 | 3.18 | 0.9 |
| Current tax | 72% | 0.86 | 0.5 | 1.7 | 0.14 | 0.02 | 0 |
| Deferred tax | -45.5% | -0.28 | 0.12 | -1.1 | 0.28 | 0.82 | 0.26 |
| Total tax | -10.5% | 0.58 | 0.62 | 0.61 | 0.42 | 0.85 | 0.26 |
| Total profit (loss) for period | 546.7% | 1.67 | 0.85 | 0.92 | 1.16 | 2.33 | 0.65 |
| Other comp. income net of taxes | - | 0 | 0 | 0.08 | -0.03 | -0.03 | -0.03 |
| Total Comprehensive Income | 546.7% | 1.67 | 0.85 | 1 | 1.13 | 2.3 | 0.62 |
| Earnings Per Share, Basic | 83.3% | 0.91 | 0.46 | 0.5 | 0.63 | 1.27 | 0.36 |
| Earnings Per Share, Diluted | 83.3% | 0.91 | 0.46 | 0.5 | 0.63 | 1.27 | 0.36 |
| -16.9% |
| 60 |
| 72 |
| 72 |
| 57 |
| 61 |
| 73 |
| Finance costs | -20% | 25 | 31 | 29 | 23 | 25 | 29 |
| Depreciation and Amortization | -28.2% | 29 | 40 | 38 | 34 | 39 | 42 |
| Other expenses | -25.2% | 102 | 136 | 132 | 115 | 116 | 177 |
| Total Expenses | -34.1% | 406 | 616 | 655 | 600 | 687 | 813 |
| Profit Before exceptional items and Tax | 189.3% | 22 | 8.26 | 23 | 7.77 | -43.12 | -34.03 |
| Total profit before tax | 189.3% | 22 | 8.26 | 23 | 7.77 | -43.12 | -34.03 |
| Current tax | 336.6% | 3.39 | -0.01 | 0.31 | 0 | -0.47 | 0 |
| Deferred tax | -286.3% | -0.77 | 1.95 | 4.75 | 1.31 | -9.74 | -2.81 |
| Total tax | 72.3% | 2.62 | 1.94 | 5.06 | 1.31 | -10.21 | -2.81 |
| Total profit (loss) for period | -21.1% | 5.2 | 6.32 | 18 | 6.46 | -32.92 | -31.22 |
| Other comp. income net of taxes | 9.8% | -0.01 | -0.12 | 0.21 | 0.19 | 0.18 | -0.03 |
| Total Comprehensive Income | -19.5% | 5.18 | 6.19 | 18 | 6.65 | -32.74 | -31.25 |
| Earnings Per Share, Basic | -27.1% | 2.83 | 3.51 | 9.74 | 3.59 | -18.32 | -17.37 |
| Earnings Per Share, Diluted | -27.1% | 2.83 | 3.51 | 9.74 | 3.59 | -18.32 | -17.37 |
| Debt equity ratio | - | - | - | - | - | - | - |
| Debt service coverage ratio | - | - | - | - | - | - | - |
| Interest service coverage ratio | - | - | - | - | - | - | - |
| -2% |
| 0 |
| 0.02 |
| - |
| 0.15 |
| 0.27 |
| 0.44 |
| Non-current investments | -1.3% | 0.2 | 0.21 | - | 0.15 | 0.15 | 0.14 |
| Total non-current financial assets | -13.6% | 20 | 23 | - | 19 | 20 | 21 |
| Total non-current assets | -28.6% | 193 | 270 | - | 285 | 292 | 289 |
| Total assets | -24.3% | 576 | 761 | - | 732 | 784 | 735 |
| Borrowings, non-current | 60% | 17 | 11 | - | 6.24 | 9.23 | 12 |
| Total non-current financial liabilities | -22% | 132 | 169 | - | 180 | 185 | 180 |
| Provisions, non-current | - | 0.1 | 0 | - | 0.1 | 0.16 | 0.06 |
| Total non-current liabilities | -22% | 132 | 169 | - | 181 | 186 | 181 |
| Borrowings, current | 2% | 105 | 103 | - | 116 | 117 | 107 |
| Total current financial liabilities | -18.6% | 273 | 335 | - | 306 | 365 | 323 |
| Provisions, current | -6.4% | 0 | 0.06 | - | 0.12 | 0.1 | 0.1 |
| Current tax liabilities | 733.3% | 1.76 | 0.88 | - | 0 | 0 | 0 |
| Total current liabilities | -18.3% | 278 | 340 | - | 311 | 369 | 329 |
| Total liabilities | -19.6% | 410 | 510 | - | 492 | 555 | 510 |
| Equity share capital | 0% | 18 | 18 | - | 18 | 18 | 18 |
| Total equity | -34.3% | 166 | 252 | - | 240 | 229 | 225 |
| Total equity and liabilities | -24.3% | 576 | 761 | - | 732 | 784 | 735 |
| -1000% |
| 0.28 |
| 1.08 |
| -1.29 |
| -1.04 |
| - |
| - |
| Net Cashflows From Operating Activities | 29.4% | 67 | 52 | 39 | 31 | - | - |
| Cashflows used in obtaining control of subsidiaries | 5.1% | 0.06 | 0.01 | 0.05 | 0 | - | - |
| Proceeds from sales of PPE | -58.5% | 0.16 | 0.47 | 25 | 0.06 | - | - |
| Purchase of property, plant and equipment | 22.2% | 12 | 10 | 15 | 8.28 | - | - |
| Interest received | -18.7% | 0.81 | 0.84 | 1.3 | 0.42 | - | - |
| Other inflows (outflows) of cash | 176.8% | 2.09 | -0.42 | 8.85 | -6.04 | - | - |
| Net Cashflows From Investing Activities | 5.7% | -8.94 | -9.54 | 20 | -13.83 | - | - |
| Proceeds from issuing other equity instruments | -21.3% | 6.69 | 8.23 | 0 | 0 | - | - |
| Proceeds from borrowings | - | 11 | 0 | 3.5 | 0.55 | - | - |
| Repayments of borrowings | 7.1% | 4.91 | 4.65 | 18 | 6.59 | - | - |
| Payments of lease liabilities | 5.1% | 42 | 40 | 34 | 24 | - | - |
| Interest paid | -15.4% | 12 | 14 | 14 | 12 | - | - |
| Other inflows (outflows) of cash | 16.4% | -0.07 | -0.28 | -0.29 | -0.15 | - | - |
| Net Cashflows from Financing Activities | 17.2% | -41.67 | -50.52 | -62.8 | -41.78 | - | - |
| Net change in cash and cash eq. | 267.4% | 17 | -8.56 | -3.58 | -24.98 | - | - |