---
title: "Kiaasa Retail Ltd (544711) — Share Price, Financials & Analysis"
symbol: "544711"
company: "Kiaasa Retail Ltd"
canonical: "https://tapetide.com/stocks/544711"
bse_code: "544711"
sector: "Consumer Discretionary"
industry: "Textiles & Apparels"
generated_at: "2026-09-13T18:47:59.714Z"
---

# Kiaasa Retail Ltd (544711)

Canonical page: https://tapetide.com/stocks/544711

## Company

- **BSE Code:** 544711
- **Sector:** Consumer Discretionary
- **Industry:** Textiles & Apparels
- **Macro Sector:** Consumer Discretionary
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** kiaasa.com

## About

Established in 2018, Kiaasa Retail Limited is an Indian fashion brand focused on women's ethnic and fusion wear.[1]

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.50 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.5%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 61.5 to 89.7 days.
- Working capital days have increased from 138 days to 209 days

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 24% | 66% |
| revenue growth | 11% | 39% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2025 | Mar 2026 |
| --- | --- | --- |
| Sales | 58 | 77 |
| Expenses | 46 | 65 |
| Operating Profit | 12 | 11 |
| OPM % | 21 | 15 |
| Other Income | 0 | 1 |
| Interest | 2 | 4 |
| Depreciation | 1 | 1 |
| Profit before tax | 9 | 6 |
| Tax % | 25 | 27 |
| Net Profit | 7 | 5 |
| EPS in Rs | 5.21 | 2.49 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 26 | 50 | 84 | 122 | 135 |
| Expenses | 25 | 45 | 75 | 105 | 111 |
| Operating Profit | 2 | 5 | 9 | 16 | 23 |
| OPM % | 6 | 10 | 11 | 14 | 17 |
| Other Income | 0 | 0 | 0 | 0 | 1 |
| Interest | 0 | 1 | 2 | 3 | 6 |
| Depreciation | 0 | 1 | 1 | 1 | 3 |
| Profit before tax | 1 | 3 | 7 | 12 | 15 |
| Tax % | 3 | 29 | 26 | 26 | 26 |
| Net Profit | 1 | 2 | 5 | 9 | 11 |
| EPS in Rs | 27.2 | 49.2 | 11.93 | 7.08 | 6.13 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.5 | 0.5 | 4 | 13 | 18 |
| Reserves | 0 | 2 | 8 | 28 | 91 |
| Borrowings | 16 | 21 | 16 | 29 | 85 |
| Other Liabilities | 14 | 30 | 67 | 75 | 77 |
| Total Liabilities | 30 | 54 | 95 | 144 | 271 |
| Fixed Assets | 1 | 1 | 9 | 24 | 25 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 29 | 53 | 87 | 120 | 245 |
| Total Assets | 30 | 54 | 95 | 144 | 271 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -13 | -3 | 11 | -12 | -76 |
| Cash from Investing Activity | -2 | -1 | -8 | -17 | -4 |
| Cash from Financing Activity | 14 | 5 | -3 | 30 | 108 |
| Net Cash Flow | 0 | 1 | 0 | 1 | 27 |
| Free Cash Flow | -14 | -4 | 3 | -29 | -81 |
| CFO/OP | -762 | -67 | 129 | -63 | -298 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 89 | 154 | 29 | 66 | 90 |
| Inventory Days | 442 | 290 | 371 | 376 | 658 |
| Days Payable | 336 | 338 | 341 | 211 | 165 |
| Cash Conversion Cycle | 195 | 106 | 59 | 231 | 582 |
| Working Capital Days | -62 | 27 | 72 | 131 | 209 |
| ROCE % | — | 22 | 34 | 31 | 16 |

## Shareholding Pattern

### annual

| Category | Mar 2026 |
| --- | --- |
| Promoters | 50.22% |
| FIIs | 0.23% |
| DIIs | 0.03% |
| Public | 49.52% |
| No. of Shareholders | 2092 |

### Quarterly

| Category | Mar 2026 |
| --- | --- |
| Promoters | 50.22% |
| FIIs | 0.23% |
| DIIs | 0.03% |
| Public | 49.52% |
| No. of Shareholders | 2092 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 1 / 9 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 30.3 | Sell |
| EMA (10) | 30.3 | Sell |
| SMA (20) | 30.87 | Sell |
| EMA (20) | 30.92 | Sell |
| SMA (50) | 33.1 | Sell |
| EMA (50) | 33.53 | Sell |
| SMA (100) | 37.75 | Sell |
| EMA (100) | 40.03 | Sell |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.66 | Neutral |
| MACD (12,26,9) | -0.92 | Buy |
| Stochastic (14,3,3) | 31.5 | Neutral |
| ADX (14) | 19.25 | Neutral |
| Williams %R (14) | -61 | Neutral |
| ATR (14) | 1.61 | High Volatility |
| ROC (12) | -6.25 | Sell |
| Stoch RSI (14) | 68.91 | Neutral |
| UO (7,14,28) | 46.29 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 Jul - Regulation 74(5) compliance certificate for quarter ended 30 June 2026; no shares dematerialised. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jul - Regulation 74(5) compliance certificate for quarter ended 30 June 2026; no shares dematerialised.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=146eaa90-cc51-41d7-93f8-6bfd48e176e5.pdf) |
| 30 Jul - Submitted auditor certificate on IPO proceeds utilisation for quarter ended 30 June 2026. | [IPO Fund Utilization Certificate For Quarter Ended 30.06.2026 30 Jul - Submitted auditor certificate on IPO proceeds utilisation for quarter ended 30 June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c705883c-1b18-4bd3-bd7c-1f1b92bc271b.pdf) |
| 27 Aug - Information regarding 4th Annual General Meeting | [Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Aug - Information regarding 4th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f4afc80f-54d3-4263-bb12-d79db893cbae.pdf) |
| 25 Aug - Kiaasa Retail schedules 4th AGM on 30 September 2026; record date 23 September 2026. | [For 4Th Annual General Meeting 25 Aug - Kiaasa Retail schedules 4th AGM on 30 September 2026; record date 23 September 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=05568330-53d4-4823-a14c-249fced828fb.pdf) |
| 25 Aug - Board approved ESOP 2026 for 18,23,000 shares, MOA/AOA alterations, and secretarial auditor appointment. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 25Th August, 2026 25 Aug - Board approved ESOP 2026 for 18,23,000 shares, MOA/AOA alterations, and secretarial auditor appointment.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e1a3452-f2d8-4479-b0c7-105bd4b88dac.pdf) |
| 1 Jun - Kiaasa opened three new retail outlets in May 2026 at Muzaffarnagar, Haldwani and Jammu. | [Intimation Regarding Opening Of New Stores In The Month Of May 2026 1 Jun - Kiaasa opened three new retail outlets in May 2026 at Muzaffarnagar, Haldwani and Jammu.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3de34a8f-dc84-41ed-9cf2-003d4766435e.pdf) |
| 1 Aug - Opened two Kiaasa retail outlets in July 2026 at Lajpat Nagar, New Delhi and Jhansi, Uttar Pradesh. | [Intimation Regarding Opening Of New Stores In The Month Of July, 2026 1 Aug - Opened two Kiaasa retail outlets in July 2026 at Lajpat Nagar, New Delhi and Jhansi, Uttar Pradesh.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1375215f-2f67-4187-8fa9-a367ce00a2b7.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff8222ef-f865-4797-849a-56889080d551.pdf) |
| — | [4Th Annual General Meeting To Be Held On Wednesday, September 30, 2026 At 11:30 P.M. (IST) 7 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a37d0eb-79c5-4222-9211-5dff76a3a9ce.pdf) |
| — | [Reg. 34 (1) Annual Report. 7 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3deaf4be-1ddc-48f3-977f-0e10827d7748.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:47:59.714Z.