Kewal Kiran Clothing Sets Record Date for FY26 Interim Dividend
Kewal Kiran Clothing Limited has set May 14, 2026, as the record date for its second interim dividend for the financial year 2025-26. This announcement is a key procedural step that determines which shareholders are eligible to receive the dividend payment.
The company, a prominent Indian apparel manufacturer and retailer known for brands like Killer, Integriti, Easies, Lawman Pg3, and Shock, has a history of returning value to its investors. For the financial year 2022-23, shareholders received an interim dividend of ₹5 per share and a final dividend of ₹10 per share. In the last fiscal year, FY2023-24, an interim dividend of ₹5 per share was distributed. This latest interim dividend for FY25-26 continues that practice.
This dividend declaration is supported by the company's financial performance. Kewal Kiran Clothing reported consolidated revenue of ₹1,447.34 crore and a profit after tax of ₹175.61 crore for the financial year ended March 31, 2024. The dividend payout ratio for FY23-24 was approximately 20.5%.
In the competitive branded apparel market, Kewal Kiran Clothing competes with companies like Cantabil Retail India Ltd., which also focuses on branded apparel and dividend payouts. Larger players such as Aditya Birla Fashion and Retail Ltd. offer a wider range of fashion retail products.
Shareholders registered on the books by May 14, 2026, will be entitled to the declared dividend. The announcement itself does not change the company's operational strategy but reinforces its commitment to shareholder value.
Investors will be looking for further details, including the specific dividend amount per share and the official payment date. Future financial results for FY25-26 will be important to assess the sustainability of these payouts, alongside broader market trends and consumer sentiment in the apparel sector.
