Kizi Apparels Ltd (544221)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Kizi Apparels' revenue was ₹28.7 Cr (+105.2% year on year, +106.5% on the previous half-year), and net profit ₹0.4 Cr (-2.2% year on year); the operating margin was 4.1%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹28.7 | +105.2% | +106.5% |
| Operating profit | ₹1.2 | +20.4% | -4.8% |
| Net profit | ₹0.4 | -2.2% | -22.8% |
| EPS (₹) | 0.56 | -3.4% | -23.3% |
| Operating margin | 4.1% | — | — |
📢 Recent Corporate Announcements
Kizi Apparels has appointed Mr. Raj Kumar Nathani as an Additional Non-Executive Director effective 16th October, 2026, subject to shareholder approval. He brings over 35 years of experience in the textile industry and is the father of Managing Director Abhishek Nathani. Concurrently, Mr. Ajay Mishra resigned as Non-Executive Director effective 13th October, 2026. Following these changes, the Board reconstituted its Stakeholders Relationship and Nomination & Remuneration Committees.
- Raj Kumar Nathani appointed Additional Non-Executive Director effective 16th October, 2026
- Appointee has over 35 years of experience in textile trade and greige fabric manufacturing
- Ajay Mishra resigned as Non-Executive Director effective close of business 13th October, 2026
- Committees reconstituted, naming Raj Kumar Nathani Chairman of the Stakeholders Relationship Committee
Kizi Apparels has appointed Mr. Raj Kumar Nathani as an Additional Non-Executive Director effective 16th October, 2026, subject to shareholder approval. He brings over 35 years of experience in the textile industry and is the father of Managing Director Abhishek Nathani. Concurrently, Mr. Ajay Mishra resigned as Non-Executive Director effective 13th October, 2026. Following these changes, the Board reconstituted its Stakeholders Relationship and Nomination & Remuneration Committees.
- Raj Kumar Nathani appointed Additional Non-Executive Director effective 16th October, 2026
- Appointee has over 35 years of experience in textile trade and greige fabric manufacturing
- Ajay Mishra resigned as Non-Executive Director effective close of business 13th October, 2026
- Committees reconstituted, naming Raj Kumar Nathani Chairman of the Stakeholders Relationship Committee
Kizi Apparels Limited has submitted its Annual Report for the financial year 2025-26 pursuant to Regulation 34(1) of SEBI LODR Regulations. The company's 4th Annual General Meeting is scheduled for Friday, September 18, 2026, at 12:00 PM via Video Conferencing. Key ordinary and special businesses include the adoption of FY26 financial statements, the reappointment of Managing Director Abhishek Nathani, and approval of material related party transactions for FY27.
- 4th Annual General Meeting scheduled for September 18, 2026, at 12:00 PM IST via VC/OAVM
- Approval sought for material Related Party Transactions for FY 2026-27
- AOC-2 disclosures show related party transactions with Aaika Retail Private Limited for Rs 453 Lakhs in goods and services during FY26
- Reappointment of Managing Director Mr. Abhishek Nathani proposed as he retires by rotation
Kizi Apparels Limited has scheduled its 4th Annual General Meeting for Friday, September 18, 2026, via video conferencing. The company submitted its Annual Report for FY 2025-26 along with the AGM notice. Key agenda items include the adoption of FY26 financial statements, the re-appointment of Managing Director Abhishek Nathani retiring by rotation, and approval of material related-party transactions for FY27. Form AOC-2 within the report details FY26 related-party business, including Rs 453.00 Lakhs in goods and services with Aaika Retail Private Limited.
- 4th Annual General Meeting scheduled for September 18, 2026, at 12:00 PM via Video Conferencing.
- Re-appointment of Managing Director Abhishek Nathani liable to retire by rotation proposed for shareholder approval.
- Form AOC-2 reports FY26 related party transactions including Rs 453.00 Lakhs in goods and services and Rs 456.50 Lakhs trade receivables with Aaika Retail Private Limited.
- Director remuneration disclosed at Rs 24.00 Lakhs for Abhishek Nathani and Rs 15.00 Lakhs for Kiran Nathani for FY26.
Kizi Apparels Limited convened its Board meeting on August 20, 2026, approving the notice for its 4th Annual General Meeting (AGM) scheduled for September 18, 2026, via Video Conferencing. The cut-off date for e-voting eligibility has been set for September 11, 2026, with remote e-voting active from September 15 to September 17, 2026. Key agenda items include the approval of the FY26 Board Report, the appointment of Mr. Abhishek Nathani as Managing Director, and approval of material related party transactions for FY 2026–2027.
- 4th Annual General Meeting fixed for Friday, September 18, 2026, at 12:00 P.M.
- Cut-off date for e-voting entitlement established as September 11, 2026
- Remote e-voting window open from September 15, 2026 (09:00 AM) to September 17, 2026 (05:00 PM)
- Approved appointment of Mr. Abhishek Nathani (DIN: 10086861) as Managing Director, liable to retire by rotation
- Approved Material Related Party Transactions for FY 2026–2027
Kizi Apparels Ltd has scheduled a Board of Directors meeting on August 20, 2026. The agenda includes fixing the date and approving the notice and Annual Report for the 4th Annual General Meeting for FY 2025-26. Additionally, the board will consider the re-appointment of Director Abhishek Nathani (retiring by rotation) and evaluate material related-party transactions for FY 2026-27.
- Board meeting scheduled for Thursday, August 20, 2026
- Approval of Notice and Annual Report for the 4th AGM for FY 2025-26
- Evaluation and approval of Material Related Party Transactions for FY 2026-2027
- Re-appointment of Director Mr. Abhishek Nathani (DIN: 10086861) retiring by rotation
Abhishek Nathani, Promoter and MD of Kizi Apparels, converted 5,01,000 warrants into equity shares on July 14, 2026. Despite this acquisition, the promoter group's percentage stake decreased from 57.32% to 49.23% because the company's total share capital expanded significantly from 78.19 lakh shares to 101.23 lakh shares. This indicates a total issuance of 23.04 lakh new shares, suggesting other warrant holders or investors also participated in the capital expansion.
- Promoter Abhishek Nathani acquired 5,01,000 equity shares via warrant conversion
- Total equity share capital increased from 7,81,92,000 to 10,12,32,000
- Promoter group percentage holding diluted from 57.32% to 49.23%
- Total number of shares in the company rose by 23,04,000 units
- The transaction was completed on July 14, 2026, via preferential allotment
Promoter and Managing Director Abhishek Nathani converted 5,01,000 warrants into equity shares on July 14, 2026. While the promoter's absolute holding increased to 49.83 lakh shares, their percentage stake in the company decreased from 57.32% to 49.23%. This reduction is due to a significant 29.4% expansion in the total equity share capital, which rose from 78.19 lakh shares to 1.01 crore shares following the allotment.
- Promoter Abhishek Nathani acquired 5,01,000 equity shares through warrant conversion
- Total equity share capital increased from 7,81,92,000 to 10,12,32,000 (face value Rs 10)
- Promoter group percentage holding diluted from 57.32% to 49.23% despite the acquisition
- The conversion was part of a preferential allotment process finalized on July 14, 2026
Kizi Apparels Ltd has completed the allotment of 23,04,000 equity shares following the conversion of warrants issued in March 2026. The company received the final 75% payment amounting to ₹2.68 crore from a mix of promoters and public investors. This conversion results in a significant equity dilution of approximately 29.5%, increasing the total share count from 78.19 lakh to 1.01 crore shares. The shares were issued at a fixed price of ₹15.50 per share, including a ₹5.50 premium.
- Allotment of 23,04,000 fully paid-up equity shares at an issue price of ₹15.50 each
- Receipt of ₹2,67,84,000 representing the remaining 75% of the warrant exercise price
- Total paid-up equity capital increased from ₹7.82 crore to ₹10.12 crore
- Equity base expanded by 29.47% through this single allotment
- Promoter Abhishek Nathani's post-allotment stake stands at 49.23%
Kizi Apparels Ltd has completed the allotment of 23,04,000 equity shares following the conversion of an equal number of warrants. The company received the remaining 75% of the issue price, amounting to Rs 2.68 crore, from a mix of promoters and public investors. The conversion was executed at an issue price of Rs 15.50 per share, which includes a premium of Rs 5.50. This move increases the company's total paid-up equity share capital by approximately 29.5%, expanding the share base from 78.19 lakh to 1.01 crore shares.
- Allotment of 23,04,000 fully paid-up equity shares at Rs 15.50 per share.
- Receipt of Rs 2,67,84,000 representing the final 75% payment for the warrants.
- Total paid-up capital increased from Rs 7.82 crore to Rs 10.12 crore.
- Promoter Abhishek Nathani's post-issue holding adjusted to 49.23% from 57.32%.
- Ten allottees participated, including 4 from the promoter group and 6 from the public category.
Kizi Apparels Ltd has received Rs 17,85,600 as the 19th tranche of consideration for the allotment of convertible warrants. These warrants were issued on a preferential basis at a price of Rs 15.50 each, which includes a face value of Rs 10 and a premium of Rs 5.50. The funds were contributed by 10 allottees from both the promoter group (including Managing Director Abhishek Nathani) and the public category. This follows the initial board approval for the warrant issuance dated March 24, 2026.
- Received Rs 17,85,600 as the 19th tranche of consideration for convertible warrants.
- Warrants issued at a fixed price of Rs 15.50 per unit, including a Rs 5.50 premium.
- Funds received from 10 allottees including promoters like Abhishek Nathani and Kiran Nathani.
- The issuance is being conducted under SEBI (ICDR) Regulations, 2018 on a preferential basis.
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