BSECompany Update10 Aug 2026 · 10 Aug 2026, 03:52 pm

We enclose herewith the transcript for the conference call held on August 7, 2026.

Kewal Kiran Clothing Ltd · 532732

✦ AI Summary▲ PositiveResults

Kewal Kiran Clothing Ltd reported Q1 FY27 earnings with a 19% YoY growth in consolidated revenue, driven by strong volume and pricing growth. The company delivered double-digit growth across all key financial parameters despite a challenging external environment.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment8/10

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Kewal Kiran Clothing Ltd - 532732 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

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KEWAL KIRAN CLOTHING LIMITED Registered & Corporate Office :- Kewal Kiran Estate, 460/7, I.B. Patel Road, Goregaon (E), Mumbai: 400 063 Tel No. +91 22 26814400 Fax No. +91 22 26814410 CIN No. L18101MH1992PLC065136 website : www.kewalkiran.com Date: August 10, 2026 National Stock Exchange of India BSE (Bombay Stock Exchange) Limited Limited ”Phiroze Jeejeebhoy Tower”, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Mumbai-400001 Bandra Kurla Complex, Bandra(East), BSE Code – 532732 Mumbai-400051 NSE Code - KKCL Dear Sir/Madam Sub: Transcript of the conference call on Q1 FY27 held on Friday, August 07, 2026. In continuation to our letter dated July 28, 2026 and pursuant to the applicable regulations of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please be informed that the Company had convened and participated in the conference/analyst call, details of which is as follows : Date & Time of Investor / Analyst / Event Type of Meeting / Call Meeting / Call August 07, 2026 – Earnings Conference Call for the Quarter Virtual - Group Conference Call 12.00 Noon Ended June 30, 2026 - All Investors / General Public / Analyst We now enclose herewith the transcript for the said conference call. The same is also available on the Company’s website at https://www.kewalkiran.com/investors.php#Press%20Release%20/%20Conference%20Call%20Recordin g%20&%20Transcript Kindly take the same on record. Thanking you. Yours Truly For Kewal Kiran Clothing Limited Abhijit B. Warange President – Legal & Company Secretary Encl.: a/a Kewal Kiran Clothing Limited Q1 FY’27 Earnings Conference Call” August 07, 2026 Disclaimer: E&OE - Please note that some portion of the concall may have an audio spoken in language other than English which has been translated in English language in this transcript primarily for ease of reading. This transcript is edited for factual errors. In case of discrepancy, the audio recordings uploaded on the Company’s website will prevail. MANAGEMENT: MR. HEMANT JAIN - JOINT MD – KEWAL KIRAN CLOTHING LIMITED MR. PANKAJ JAIN – PRESIDENT (RETAIL) – KEWAL KIRAN CLOTHING LIMITED Page 1 of 11 Kewal Kiran Clothing Limited August 07, 2026 Moderator: Ladies and gentlemen, good day and welcome to Kewal Kiran Clothing Limited’s Q1 FY’27 Earnings Conference Call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Before we begin, a brief disclaimer: The presentation which Kewal Kiran Clothing Limited has uploaded on Stock Exchange and on their website, including the discussions during this call, contains or may contain certain forward- looking statements concerning Kewal Kiran Clothing Limited business prospects and profitability which are subject to several risks and uncertainties and the actual result could materially differ from those in such forward-looking statements. Should you need assistance during this conference call, please signal an operator by pressing “*” then “0” on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Pankaj Jain from the Management. Thank you and over to you, sir. Pankaj Jain: Good afternoon, everyone and thank you for taking the time to join us today. Welcome to Kewal Kiran Clothing Limited Q1 FY’27 Earnings Call. I am joined today by Mr. Hemant Jain – Joint MD and Marathon Capital, our Investor Relations Advisor. We are delighted to share that KKCL has delivered another quarter of double-digit growth in Q1 FY’27 with strong performance across all key financial parameters despite a challenging external environment. A key highlight of the quarter was a combination of robust volume growth and healthy pricing, reflecting the quality of our growth and the strength of the consumer demand for our brands. Let me take you through the key insights for the quarter: Consolidated revenue for Q1 FY’27 stood at Rs. 279 crores, registering a healthy 19% year-on- year growth driven by strong growth in both volume as well as value. Consolidated apparel volumes grew by an encouraging 24% on a year-on-year basis, reflecting a strong consumer acceptance and validating our design capabilities and product strength across all brands. Our growth was broad-based across the portfolio, highlighting the strength of our brand architecture and our ability to cater to diverse consumer segments. Page 2 of 11 Kewal Kiran Clothing Limited August 07, 2026 Killer continued its sustained growth journey. The brand now operates at 464 exclusive brand outlets, with further strengthening its presence across LFS and online channels. SSG growth remained flat during the quarter. Kraus delivered another strong quarter with robust sales growth and EBITDA margins in line with KKCL. The brand continues to gain traction across MBO, exports, and EBO, while our focus remains on improving the working capital cycle. Junior Killer continued to gain strong traction across MBO and LFS, validating a focused entry into kidswear. Lawman’s strategic shift to a D2C-led model is gaining traction, supported by a network of 81 EBOs. Integrity has also delivered encouraging performance and support by renewed, focused, and targeted brand-building initiatives. Our channel strategy continued to deliver balanced growth across formats. The retail channel grew 29% year-on-year, driven by continued expansion of our EBO network and strong contribution from the LFS channels, particularly led by Kraus. Non-retail growth was primarily driven by the e-commerce segment, which continues to scale as well. In line with our strategy of expanding our retail footprint, we have added a net four EBOs during Q1 FY’27, taking our total network to 670 as of 30th June 2026. This balanced performance across channels reflects the success of our strategy to strengthen both our offline and online presence, while reinforcing our go-to-market capabilities. Profitability remained strong, supported by healthy revenue growth and operating leverage. EBITDA grew 29% year-on-year to Rs. 52 crores, driven by disciplined execution and operating leverage. EBITDA margins remained strong at over 19%, exceeding a guidance of 17% to 18%, reflecting an efficient operational performance. Profit after tax grew 29% year-on-year to Rs. 41 crores during the quarter. The continued strong performance of Kraus also validates the successful integration of the brand following its acquisition and reflects our progress in expanding the business across age groups and gender segments. Looking ahead, we remain confident of sustaining this growth momentum through the rest of FY’27 and beyond. Backed by a strong balance sheet, a resilient business model, and a compelling value proposition, KKCL is well positioned to capitalize on emerging opportunities. Our strategic priorities remain unchanged, driving design-led growth while strengthening all our brands, expanding our distribution network across MBO, EBO, LFS, and e-commerce, maintaining operational discipline to deliver sustainable and profitable growth. Page 3 of 11 Kewal Kiran Clothing Limited August 07, 2026 We continue to remain committed to our Vision 2028. As reiterated earlier, our aspiration is to accelerate our long-term growth trajectory from 15% CAGR to a 20% CAGR over the next three years. We believe this will be driven by a combination of sustained organic growth and disciplined value-accredited acquisition under a well-defined acquisition framework. While acquisition may not materialize uniformly every year, a three-year strategic roadmap has been designed to deliver this accelerated growth trajectory. Guided by our core principles of sustainability, stability, and scalability, we remain confident in our ability to achieve this ambition and create long-term value for all our stakeholders. With this, I would now like to open the floor for questions. [Showing first 8,000 characters — download PDF for full document]