Kewal Kiran Clothing on a high

Kewal Kiran Clothing (KKCL) best known for their brands Killer, Lawman Pg3, Easies etc.

is amongst the few large branded apparel manufacturers in India with sales in Asia, Middle East and CIS. It designs, manufactures and markets branded jeans, semi-formal and casual wear. The company has chalked out plans for growth in manufacturing capacities to meet the growing markets for its brands internationally. Net sales and profit after tax are expected to grow at a CAGR of 27 per cent and 59 per cent over 2009 to 2012 respectively. Based on the good results the stocks are doing well and the market is bullish on KKCL.

Meanwhile Kewal Kiran Clothing is planning to add 50 new stores by the end of FY-11, especially in smaller cities where it already has built a presence through MBOs. The company has state-of-the-art manufacturing facilities that ensure quality and timely deliveries and has chalked out plans for growth in manufacturing capacities to meet the growing markets for its brands internationally. During the quarter, the company has reported a net profit increased to Rs 112.70 million from Rs 63.60 million in previous year same quarter. For the quarter ended December 2010, the net sales moved up 63 per cent to Rs 633.40million as compared to Rs 389.00 million during the corresponding quarter last year. Overall the company is on a roll and the stocks market is playing along.