Arthneeti

Khadim India Q1 FY27 Share Price & Earnings Call Analysis

₹121.51+1.55% today
Market cap
₹223 Cr
P/E
49.36
ROE
2.13%
PEG
-1.46
Price to sales
0.65
Debt to equity
1.49
52W high / low
₹253 / ₹78.6
Sales growth (5Y)
-10.13%
EBITDA margin
12.77%
Net profit margin
1.22%
Promoter holding
59.89%
Sales (last year)
₹349 Cr

Incorporated in 1981, Khadim India Ltd is in manufacturing / retail business of footwear and accessories[1]

Guidance scorecard · Q1 FY27 call

What Khadim India Ltd's management guided
and where it ranks in Consumer Durables

#84of 87 in
Consumer Durables
Revenue0–10%MarginsUp 0–2%CapexPlannedFundraisingWhat management saidOrder bookWhat management said

RevenueQ4 FY26 call

0–10%
  • Khadim India Limited targets a revenue of around INR 400 crores for FY '27.
  • Management expects sales growth of 5% to 10% to drive margin and EBITDA improvements.
  • Volume growth noted: Q4 volume increased to 14 lakh pairs from 12 lakh pairs in Q3 FY '26.
  • Store rationalization completed; focus shifting to strategic store openings with higher sales potential.
  • Premiumization strategy expected to increase average selling price and improve gross margins.
  • E-commerce contribution rising, expected to grow beyond 5% in FY '27.
  • Inventory normalization to support sales; stock levels to be replenished gradually in Q1 FY '27.

2 more points from Khadim India Ltd's call on revenue

Create a free account to keep reading this call

Full Q4 FY26 analysis

MarginsQ4 FY26 call

Up 0–2%

See what Khadim India Ltd said on margins — free account, 30 seconds.

Full Q4 FY26 analysis

CapexQ4 FY26 call

Planned
  • Khadim India Limited plans to invest in opening company-owned stores (COCO), which requires both capex and stock investment.
  • Franchisee stores like FRM/TFM require investment only in stock, not in capex, and are currently yielding higher margins.
  • The company will focus on opening franchisee stores in addition to strategic COCO stores in prime locations.
  • No significant expansion in athleisure segment due to store space constraints, limiting related capex.

2 more points from Khadim India Ltd's call on capex

Create a free account to keep reading this call

Full Q4 FY26 analysis

FundraisingQ4 FY26 call

See what Khadim India Ltd said on fundraising — free account, 30 seconds.

Full Q4 FY26 analysis

Order bookQ4 FY26 call

  • There is a reference to inventory and stock management impacting sales: Q4 saw some sales loss due to understocking as part of deliberate inventory reduction.
  • Management highlighted that the stock for new products ordered in Q4 will arrive in Q1 FY'27, indicating an ongoing replenishment pipeline.
  • The company plans to build stock levels to support targeted INR400 crores sales in FY'27, implying an expected increase in orders to replenish inventory.
Full Q4 FY26 analysis
Full Consumer Durables ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Consumer Durables
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Khadim India Ltd rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Consumer Durables companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹166 Cr20.3
240%+Up 2%+₹100 Cr12.7
340%+Up 0–2%₹3,249 Cr17.4
440%+Up 0–2%₹2,081 Cr18.8
540%+Flat₹2,429 Cr41.1
640%+Flat₹2,163 Cr25.6

Sign up free to see every company in the sector ranking and track Khadim India Ltd.

Pro shows every company guiding 40%+ revenue growth →Full Consumer Durables ranking

Financials of Khadim India Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Khadim India Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +159.21157.98157.09156.2093.55104.10160.58110.2493.8095.70101.6086.2483.56
Expenses +142.80139.70139.43137.9973.4086.66141.2694.1877.8083.3787.8175.1771.65
Operating Profit16.4118.2817.6618.2120.1517.4419.3216.0616.0012.3313.7911.0711.91
OPM %10.31%11.57%11.24%11.66%21.54%16.75%12.03%14.57%17.06%12.88%13.57%12.84%14.25%
Other Income +6.531.532.601.78-3.96-2.631.84-0.79-1.542.521.861.972.61
Interest7.917.497.827.547.016.427.586.156.036.606.696.476.48
Depreciation9.9110.1010.299.986.987.2810.377.286.826.776.716.756.57
Profit before tax5.122.222.152.472.201.113.211.841.611.482.25-0.181.47
Tax %15.82%25.68%16.74%26.32%52.27%41.44%26.48%36.41%37.27%41.89%25.78%-5.56%47.62%
Net Profit +4.311.651.791.831.050.662.361.171.010.861.68-0.170.77
EPS in Rs2.390.920.991.020.580.361.280.640.550.470.91-0.090.42

Financials of Khadim India Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +460535611749799772626591660426418367
Expenses +448482544670740737619540586351348318
Operating Profit12536779593575175757049
OPM %3%10%11%10%7%5%1%9%11%18%17%13%
Other Income +744866161417-9-49
Interest191515141433272431282926
Depreciation191616161842393438282927
Profit before tax-1926415733-34-438231085
Tax %-2%2%24%33%36%-8%-24%17%22%38%34%38%
Net Profit +-1925313821-31-33618653
EPS in Rs-10.7914.5917.7121.0611.76-17.34-18.293.599.733.492.831.71
Dividend Payout %0%0%0%5%8%0%0%0%0%0%0%0%

Financials of Khadim India Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital171717181818181818181818
Reserves112137167251270216183190207222233149
Borrowings +13311410968109287244242310321295249
Other Liabilities +8384112153153178185201200171214130
Total Liabilities346352405490550698630651735732761547
Fixed Assets +149144121126132277230201244244226155
CWIP213121111000
Investments010000000000
Other Assets +195207281362416421400449491488535392
Total Assets346352405490550698630651735732761547

Financials of Khadim India Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +50503114-1157483139526726
Cash from Investing Activity +-11-11-19-6-15-15-2-1420-10-9-9
Cash from Financing Activity +-34-34-1340-17-26-45-42-63-51-42-43
Net Cash Flow55-148-43161-25-4-917-26
Free Cash Flow4141135-3541452249425516
CFO/OP446%100%60%38%11%171%671%58%51%70%96%57%

Financials of Khadim India Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1924466261567082104158193185
Inventory Days13311011299114126169165172341415251
Days Payable67628810297118200177172275377220
Cash Conversion Cycle8572706078653970103225231216
Working Capital Days-23-1274349253038569911887
ROCE %15%20%22%13%-0%-3%8%10%10%9%7%

Guidance history

How Khadim India Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q4 FY26 call →0–10%Up 0–2%Planned——
Q3 FY26 call →0–10%Up 0–2%—None planned—
Q2 FY26 call →0–10%Up 0–2%None planned——

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

Continue your research

What Khadim India Ltd's management said in earlier quarters

Others in Consumer Durables this season

  • Golkunda Diamonds & Jewellery Ltd (Q1 FY27)

    Expansion includes increasing capacity by 50-60% and diversifying with lab-grown diamond jewellery, which is seen as a key growth driver in domestic and export…

  • Symphony Ltd (Q2 FY27)

    For the quarter ended 30-Sep-26, the standalone revenue from operations is ₹170 crores, up from ₹155 crores in the same quarter of the prior year, reflecting a…

  • V-Guard Industries Ltd (Q2 FY27)

    1,852.89 crore, up 38.2% YoY from Rs. Key investor presentation takeaways from V-Guard Industries Ltd's Q2 FY27 investor presentation — and how it ranks against

  • Epack Durable Ltd (Q2 FY27)

    Q2 FY27 Operating Revenue: ₹4,393 Mn, up 106.0% YoY (Page 7, 6) . Key investor presentation takeaways from Epack Durable Ltd's Q2 FY27 investor presentation — a

Compare:vs Titan Companyvs Asian Paintsvs LG Electronics