K.P.R. Mill Limited (KPRMILL) AI Stock Analysis

• Market Cap: ₹282.27B
• Dividend Yield: 0.52%
• Average Volume (3M): 11.92K
• Price to Earnings (P/E): 38.6
• Beta (1Y): 0.63
• Revenue Growth: 11.10%
• EPS Growth: 3.53%
• Country: IN
• Employees: 20,774
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Apparel - Manufacturers
• EPS (TTM): 6.10
• Shares Outstanding: 341,814,000
• 10 Day Avg. Volume: 19,117
• 30 Day Avg. Volume: 11,916
• PEG Ratio: 30.41
• Price to Book (P/B): 6.10
• Price to Sales (P/S): 4.78
• P/FCF Ratio: 24.76
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 27.24
• Revenue Forecast (FY): ₹67.71B

• Rating: 65 Neutral
• Price Target: ₹900.00 ▼(-0.48% Downside)
• Action: Reiterated Date: 03/14/26
• Date: Action: Reiterated 03/14/26

The score is supported primarily by strong financial performance (growth, margins, low leverage, and improved free cash flow). Offsetting this are weak technicals (price below key moving averages and negative MACD) and a relatively expensive valuation (high P/E with low dividend yield).

Positive Factors

Vertical integration across textile value chain

Owning spinning, fabric processing and garmenting creates durable margin capture and operational control across the value chain. This vertical model supports higher utilization, reduces reliance on external suppliers, and allows the firm to internalize value, improving resilience vs pure-play peers.

Consistent revenue growth and improved gross margins

Sustained top-line growth alongside a material gross margin expansion indicates structural competitiveness and pricing/efficiency gains. Growing scale plus higher margins supports durable operating profits and provides room to invest in capacity or absorb input cost cycles without eroding core profitability.

Low leverage and strong free cash flow recovery

Very low leverage and a large positive free cash flow position enhance financial flexibility for capex, dividends or deleveraging. Strong cash conversion reduces refinancing risk, supports organic investments in capacity/efficiency and underpins long-term balance sheet resilience.

Negative Factors

Raw-material and energy cost sensitivity

The business remains structurally exposed to cotton and other commodity price swings plus energy cost volatility. These input risks can compress margins for prolonged periods, especially in a low-margin, competitive textile industry, making long-term profitability cyclically sensitive.

Historical cash-flow and debt volatility

Although FCF recovered, past volatility in cash flows and fluctuating debt levels indicate execution or working-capital sensitivity to cycles. Persistent swings could constrain reinvestment, dividends or counterparty confidence during downturns, raising medium-term financing risk.

Exposure to export demand and currency movements

Reliance on export markets and foreign-currency flows creates structural revenue and margin variability tied to global demand and FX swings. In textiles, export cycles and competitive pressures can persist, making revenue visibility and margin stability dependent on external macro factors.

K.P.R. Mill Limited Business Overview & Revenue Model

Company Description

K.P.R. Mill Limited, together with its subsidiaries, operates as an integrated apparel manufacturing company in India. The company operates through three segments: Textile, Sugar, and Others. It offers compact, combed, carded, melange, polyester cotton, viscose, grindel, colour melange, slub yarn, cotton, poly cotton, mélange, BCI, organic, CMIA, and REEL Yarns; knitted cotton fabrics; and readymade garments comprising casual, sports, active, sleep, and work wear for men, women, and children. The company also produces sugar; ethanol; green energy through co-gen power; and wind power; and acts as a dealer for cars. It is involved in exporting activities. K.P.R. Mill Limited was founded in 1984 and is based in Coimbatore, India.

How the Company Makes Money

K.P.R. Mill primarily generates revenue by manufacturing and selling textile and apparel products. A major revenue stream is the sale of yarn (including cotton and blended yarns) to other textile manufacturers and downstream processors; this is supported by the company’s spinning capacity and vertical integration. Another key stream is the sale of readymade garments (notably knitted/innerwear and related apparel categories), where the company earns revenue through supplying finished products to brands/retail channels and through export-oriented orders, depending on customer contracts and market demand. The company also earns revenue from sugar operations through the sale of sugar and related by-products (where applicable), subject to agricultural input availability and regulated/market pricing dynamics. In addition, it participates in renewable power generation (wind), monetizing electricity generated either through captive consumption (reducing net power costs for textile operations) and/or through sale to the grid where permitted under applicable arrangements; specific mechanisms and contribution levels are not available here and are therefore null. Significant factors that influence earnings include cotton and other raw-material prices, capacity utilization across spinning and garmenting units, export demand and currency movements for international sales, and energy costs (partly mitigated by in-house renewable generation). Specific long-term partnership/customer details and segment-level revenue splits are not available here and are therefore null.

K.P.R. Mill Limited Financial Statement Overview

Summary

Strong fundamentals: revenue has grown materially (2020–2025) with improved gross margin (39.09% in 2025) and solid profitability (net margin ~12.76%). Balance sheet leverage is low (debt-to-equity 0.09; equity ratio 83.91%) and ROE is healthy (16.30%). Cash generation improved sharply with positive free cash flow (12,326 million in 2025), though historical cash flow volatility and debt fluctuations warrant monitoring.

Income Statement

K.P.R. Mill Limited demonstrates robust income statement performance with consistent revenue growth over the years, peaking at 63,878 million in 2025 from 32,057 million in 2020. Gross profit margin improved significantly, reaching 39.09% in 2025. Net profit margin remains stable around 12.76% in 2025, indicating efficient cost management. The company exhibits strong EBIT and EBITDA margins, reflecting operational efficiency. Overall, the company shows impressive revenue growth and strong profitability, though there is room for improvement in net profit margins.

Balance Sheet

The balance sheet reflects a solid financial position with a strong equity base. The debt-to-equity ratio improved, dropping to 0.09 in 2025, indicating reduced leverage. Return on equity stands at 16.30%, showcasing effective use of equity to generate profits. The equity ratio improved to 83.91%, highlighting a strong capital structure with low reliance on debt. However, there is a potential risk due to fluctuations in total debt levels over the years, which requires careful monitoring.

Cash Flow

K.P.R. Mill's cash flow analysis shows a strong recovery in free cash flow, which grew from negative figures in earlier years to 12,326 million in 2025. Operating cash flow to net income ratio is robust, indicating good cash generation relative to reported earnings. Free cash flow to net income ratio is favorable, suggesting efficient conversion of earnings into cash. The company has improved its cash flow generation significantly, although previous years showed some volatility, indicating potential risks if not managed effectively.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	66.97B	63.88B	60.60B	61.86B	48.22B	35.27B
Gross Profit	22.12B	23.70B	23.08B	22.93B	20.28B	14.93B
EBITDA	12.93B	12.63B	12.65B	12.79B	12.49B	8.58B
Net Income	8.38B	8.15B	8.05B	8.14B	8.42B	5.15B
Balance Sheet
Total Assets	60.81B	59.62B	58.64B	55.98B	48.68B	32.65B
Cash, Cash Equivalents and Short-Term Investments	16.04B	5.81B	2.10B	2.45B	4.71B	3.41B
Total Debt	3.45B	4.66B	11.58B	13.48B	11.85B	6.57B
Total Liabilities	7.34B	9.60B	15.06B	18.91B	16.81B	9.15B
Stockholders Equity	53.47B	50.02B	43.58B	37.07B	31.87B	23.50B
Cash Flow
Free Cash Flow	11.68B	12.33B	3.54B	-803.40M	-3.98B	3.74B
Operating Cash Flow	12.22B	14.01B	6.78B	2.99B	4.94B	6.59B
Investing Cash Flow	-10.64B	-4.50B	-2.94B	-1.05B	-9.42B	-5.48B
Financing Cash Flow	-2.31B	-9.12B	-4.17B	-2.06B	5.01B	-1.94B

K.P.R. Mill Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 904.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KPRMILL, the sentiment is Negative. The current price of 904.35 is above the 20-day moving average (MA) of 858.26, above the 50-day MA of 879.76, and below the 200-day MA of 1012.89, indicating a bearish trend. The MACD of -20.94 indicates Positive momentum. The RSI at 41.39 is Neutral, neither overbought nor oversold. The STOCH value of 22.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:KPRMILL.

K.P.R. Mill Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VTL	68 Neutral	₹153.55B	18.70	―	1.13%	2.50%	6.26%
ZYDUSWELL	66 Neutral	₹135.14B	-90.62	―	0.28%	14.55%	-20.61%
KPRMILL	65 Neutral	₹282.27B	38.61	―	0.52%	11.10%	3.53%
TRIDENT	64 Neutral	₹123.63B	74.25	―	1.84%	0.75%	37.44%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
GODREJAGRO	58 Neutral	₹113.24B	23.92	―	1.92%	5.24%	9.79%
LMW	46 Neutral	₹146.29B	272.89	―	0.20%	―	―

K.P.R. Mill Limited Corporate Events

K.P.R. Mill Clears Q3 FY26 Results, Declares 250% Interim Dividend

K.P.R. Mill Limited’s board has approved the standalone and consolidated unaudited financial results for the quarter ended 31 December 2025, following a limited review by its statutory auditors, who reported no material misstatements. The approval of these interim numbers provides investors with updated visibility on the company’s operational performance through the first nine months of the 2025-26 financial year.

The board also declared a 250% interim dividend for FY 2025-26, equivalent to Rs 2.50 per equity share of face value Re 1, and set 13 February 2026 as the record date to determine eligible shareholders. This sizeable interim payout underscores management’s confidence in cash flows and capital position, offering near-term income to investors and signaling a shareholder-friendly capital allocation stance.

K.P.R. Mill Confirms SEBI Compliance on Share Dematerialisation for Q3 FY2025-26

K.P.R. Mill Limited has reported that it remains in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 December 2025, supported by a certificate from its registrar and share transfer agent, NSDL Database Management Limited. During the period, 500 equity shares held through Central Depository Services (India) Limited were dematerialised, no shares were rematerialised, and the corresponding physical certificates have been appropriately updated in company records and listed on BSE and NSE, reinforcing orderly share transfer processes and regulatory conformity for shareholders.

K.P.R. Mill to Close Trading Window Ahead of Q3 FY2026 Results

K.P.R. Mill Limited has announced that its trading window for dealing in the company’s equity shares will be closed for directors, designated persons, connected persons and their immediate relatives from 1 January 2026 until 48 hours after the declaration of its unaudited financial results for the quarter ended 31 December 2025. The move is in line with the company’s code of conduct and securities regulations on insider trading, signaling adherence to governance norms ahead of its upcoming quarterly earnings announcement, with the exact board meeting date for approving these results to be communicated later.