KPR Mill Ltd. share price target

KPR’s Q4FY25 performance was soft and missed estimates on all fronts. Consolidated revenue grew by 4.3% y-o-y to Rs. 1,769 crore, versus our expectation of Rs. 1,877 crore.

KPR Mills’ (KPR) Q3FY25 performance was impacted by a sharp decline in the profitability of the sugar business, which dragged overall margins, while strong revenue growth was driven by doubledigit growth in both textile and sugar businesses.

Textile segment volumes pick-up; sugar/ethanol volumes de-grow

Revenue was flat at INR1,610cr (est. INR1,617cr)

KPR Mills’ (KPR’s) Q4FY2024 numbers were a mixed bag as revenues fell by 13% y-o-y, while EBITDA margin improved by 332 bps y-o-y to 19.7%; PAT grew by 1.9% y-o-y.

Stable demand for garments; yarn-fabric to pick up from here

Headwinds in sugar and ethanol divisions, green shoots in textiles

Robust garment volumes in H1; sugar and ethanol divisions shine

Export demand improves; sugar and ethanol divisions shine

New capacity in garment and sugar/ethanol drives growth

Strong garment export orders aids growth momentum

It is one of India's largest knitted garment manufacturer with total capacity of 157 million pieces (post expansion) Consistently, over the years, it has maintained ~18%+ margins with average RoCE of ~20% and D/E ratio of 0.3x Q3FY22 Results: On account of strong yarn spreads coupled with strong order...

A play on two game-changing themes

India (from yarn to garments) that has displayed consistent revenue growth and positive operating margin trajectory with strong return ratios. Consistently, over the years, it has maintained ~18%+ margins with average RoCE of ~20% and D/E ratio of 0.3x Q2FY22 Results: On account of healthy yarn spreads coupled with strong order...

It is one of India's largest knitted garment manufacturer with total capacity of 157 million pieces (post expansion) Consistently, over the years, it has maintained ~18%+ margins with...