On 6 Nov 2026, Kiaasa Retail was priced at ₹38.50, or 4.6× trailing earnings, against an industry P/E of 17.2×, and the shares are 69% below their 52-week high. It earns ROCE of 14% and ROE of 15%, and sales and net profit grew 39% and 66% a year over 3 years. Debt is 0.78× equity. It is listed on an SME platform with a market cap of ₹70 Cr, ranked 35th of 61 Apparel Manufacturing companies by market cap; the shares fell 67% over the past year.
- ₹39.10
- ₹39.90
- ₹38.50
- ₹40.00
- 30K
Health check
- ReturnsBehind
−67.1% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 4.6 vs industry 17.2.
- GrowthStrong
Sales +39.1%, profit +65.5% a year over 3 years.
- ProfitabilityWeak
ROCE 13.5% vs peer median 20.1%.
- Balance sheetFair
Debt 0.78× equity, interest covered 3.8×, Piotroski 5 of 9.
- Red flags1 to check
69% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹70 Cr
- Small cap
- P/E
- 4.6
- Industry 17.2
- Price to book
- 0.64
- Peers 5.48
- Dividend yield
- 0.00%
- ROE
- 14.9%
- Peers 20.0%
- ROCE
- 13.5%
- Peers 20.1%
- Debt to equity
- 0.78
- Debt ₹85 Cr
- EPS (TTM)
- ₹8.43
- OPM (TTM)
- 12.8%
- Net margin 8.3%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.52
- EV/EBITDA 5.3
Strengths and risks
Strengths
- P/E of 4.6 against an industry P/E of 17.2.
Risks to check
- 69% below its 52-week high.
About Kiaasa Retail
Kiaasa Retail Limited provides apparel, footwear, and accessories for women under the KIAASA brand in India. It offers salwar-kurta-dupattas, mix and match, dresses, kurtas, bottoms/pants, dupattas, tops, woollens, gowns, night wears, girl wears, kid wears, crop tops, drape wears, co-ord sets, jumpsuits, lehengas, shawls, hand bags, scarves, jewelleries, and unstitched products. The company operates retail stores. It offers its products through a network…
- Headquarters
- Ghaziabad
- Employees
- 379
- Sector
- Consumer Cyclical
- ISIN
- INE1C3F01018
- Website
- kiaasa.com
Price range
- Avg volume (3M)
- 25.8K
- 1-year return
- minus 67.1%
- From 52-week high
- minus 68.7%
Peers · Apparel Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAGEINDPage Industries | 35,930.00 | plus 1.15% | 40,076 | 53.0 | 26.67 | 61.5% | 52.5% | 21.4% | 3.8% | 10.2% | 2.23% | minus 11.5% |
| PGILPearl Global Industries | 1,338.80 | 0.00% | 12,368 | 39.9 | 8.46 | 20.1% | 21.2% | 9.0% | 17.5% | 23.0% | 0.54% | plus 105.8% |
| MANYAVARVedant Fashions | 472.80 | minus 6.51% | 11,488 | 29.8 | 5.48 | 22.3% | 20.0% | 44.0% | 1.9% | −4.3% | 1.64% | minus 21.6% |
| GOKEXGokaldas Exports | 682.95 | minus 7.32% | 5,004 | 37.8 | 2.32 | 8.9% | 4.7% | 8.2% | 20.9% | −16.7% | 0.00% | minus 14.5% |
| ABFRLAditya Birla Fashion and Retail | 39.02 | minus 6.61% | 4,748 | – | 0.91 | −3.2% | −12.3% | 8.9% | −13.0% | – | 0.00% | minus 50.3% |
| LUXINDLux Industries | 1,162.40 | plus 0.41% | 3,496 | 34.1 | 1.86 | 9.3% | 5.9% | 6.4% | 7.2% | −9.9% | 0.17% | minus 7.5% |
| SBCSBC Exports | 68.70 | plus 2.86% | 3,271 | 80.8 | 32.48 | 36.4% | 41.5% | 8.7% | 27.2% | 54.1% | 0.00% | plus 176.0% |
| KIAASAKiaasa Retail | 38.50 | minus 3.75% | 70 | 4.6 | 0.64 | 13.5% | 14.9% | 12.8% | 39.1% | 65.5% | 0.00% | minus 67.1% |
| Median of 7 peers | – | 0.00% | 5,004 | 38.9 | 5.48 | 20.1% | 20.0% | 8.9% | 7.2% | 2.9% | 0.17% | −11.5% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +39.1%
- Profit CAGR 3Y
- +65.5%
- ROE
- 14.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 49.8 | 84.4 | 119 | 134 | |
| – | +69.5% | +41.5% | +12.4% | |
| 44.6 | 74.5 | 103 | 110 | |
| 5.2 | 9.9 | 16.4 | 24 | |
| 10.5% | 11.7% | 13.8% | 17.9% | |
| −0.4 | −0.1 | −0.6 | −0 | |
| 0.4 | 1.4 | 2.2 | 5.5 | |
| 0.6 | 0.5 | 1.4 | 2.8 | |
| −0.4 | – | −0 | −0.6 | |
| 3.5 | 7.9 | 12.2 | 15.1 | |
| 28.7% | 27.0% | 26.4% | 26.0% | |
| 2.5 | 5.7 | 9 | 11.2 | |
| – | +133.2% | +57.0% | +23.9% | |
| 1.35 | 3.15 | 4.95 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.5 | 4.5 | 12.7 | 18.2 | |
| 2.5 | 8.2 | 27.8 | 90.8 | |
| 21.2 | 15.9 | 28.7 | 84.7 | |
| 30.1 | 66.8 | 74.6 | 77.1 | |
| 54.3 | 95.4 | 144 | 271 | |
| 1.2 | 8.5 | 23.9 | 25.1 | |
| 1.4 | 1.7 | 2.7 | 30.1 | |
| 51.7 | 85.2 | 117 | 216 | |
| 54.3 | 95.4 | 144 | 271 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −3.2 | 10.8 | −11.8 | −76.2 | |
| −0.6 | −8.1 | −17.4 | −4.3 | |
| 5.1 | −2.7 | 30.2 | 108 | |
| 1.3 | 0.1 | 1 | 27.4 | |
| −0.6 | −7.9 | −17.4 | −4.5 | |
| −3.9 | 3 | −29.2 | −80.7 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.