K P R Mill Ltd is a leading player in India’s textile and apparel industry, known for its vertically integrated operations spanning yarn production, fabric manufacturing, ready-made garments, and white crystal sugar. This integration allows the company to maintain control over every stage of production, ensuring top-notch quality and efficiency in its offerings. K P R Mill’s product range is vast, with standout offerings like 100% organic innerwear and athleisure products under the FASO brand, recognized for their durability and comfort. The company has expanded internationally, establishing a garment manufacturing unit in Ethiopia and a business office in Singapore to enhance its global presence.
In addition to its commitment to quality, K P R Mill is a leader in sustainability, implementing green power generation and water conservation practices across its operations. The company leverages advanced technology and automation to maintain high production standards while reducing environmental impact. Strategically located near Tirupur, Asia’s largest knitwear hub, K P R Mill benefits from a well-developed textile infrastructure, helping it stay competitive in both domestic and international markets. Through its focus on sustainability, innovation, and global expansion, K P R Mill continues to solidify its reputation as a major player in the global textile industry.
Latest News on K P R Mill Ltd
Shares of K P R Mill Ltd experienced a 3% decline following the sale of 10.5 million shares by the company’s promoter, KP Ramasamy. This sale represented a 3.1% stake in the textile and apparel manufacturing company. The transaction, valued at ₹971.4 crore, was significant and has drawn attention in the market. The promoter stake sale may raise questions about the future direction of the company’s ownership and potential strategic decisions, as market participants closely monitor the impact on K P R Mill’s stock performance and investor sentiment.
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters + | 73.75% | 73.75% | 73.75% | 73.75% | 70.68% |
| FIIs + | 4.18% | 4.32% | 4.64% | 5.00% | 5.60% |
| DIIs + | 15.05% | 15.12% | 14.79% | 14.90% | 17.33% |
| Public + | 7.00% | 6.82% | 6.81% | 6.32% | 6.39% |
| No. of Shareholders | 1,02,942 | 1,06,005 | 1,05,566 | 94,494 | 99,126 |
The shareholding pattern of K P R Mill Ltd has seen some notable changes between September 2023 and September 2024, particularly in terms of promoter and institutional investor stakes. Promoters of K P R Mill Ltd maintained a stable holding of 73.75% up until June 2024, before it dropped to 70.68% in September 2024, indicating a reduction in promoter shareholding during the period. This coincides with the recent promoter stake sale, which led to a slight shift in ownership dynamics.
Foreign Institutional Investors (FIIs) increased their stake steadily over this period, rising from 4.18% in September 2023 to 5.60% by September 2024, reflecting growing international interest in K P R Mill Ltd. Domestic Institutional Investors (DIIs) also showed a rising trend, with their holdings moving from 15.05% in September 2023 to 17.33% in September 2024. The public shareholding experienced a minor decline, going from 7.00% in September 2023 to 6.39% by September 2024. Interestingly, the number of shareholders fluctuated, peaking in December 2023 before decreasing, and then rising again to 99,126 by September 2024, showcasing active changes in the shareholder base of K P R Mill Ltd over the year.
Below are the trading platforms that you can use to purchase K P R Mill Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| November 2024 | 945.05 | 821.79 |
| December 2024 | 954.50 | 830.00 |
As we approach November 2024, K P R Mill is expected to reach a maximum price of ₹945.05 and a minimum price of ₹821.79. Moving into December 2024, K P R Mill’s prices are projected to increase slightly, with a maximum price of ₹954.50 and a minimum price of ₹830.00. These price movements indicate a steady performance for the company as the year draws to a close.
| When | Maximum Price | Minimum Price |
| January 2025 | 964.05 | 741.58 |
| February 2025 | 973.79 | 749.07 |
| March 2025 | 994.24 | 764.80 |
| April 2025 | 984.39 | 757.23 |
| May 2025 | 955.72 | 735.17 |
| June 2025 | 998.73 | 768.25 |
| July 2025 | 979.15 | 753.19 |
| August 2025 | 1,009.43 | 776.48 |
| September 2025 | 1,021.54 | 785.80 |
| October 2025 | 1,048.10 | 806.23 |
| November 2025 | 1,074.30 | 826.39 |
| December 2025 | 1,122.65 | 863.58 |
As we move through 2025, K P R Mill is expected to reach various price milestones, starting with a maximum of ₹964.05 and a minimum of ₹741.58 in January. By February, prices are anticipated to rise to a maximum of ₹973.79, while March may see peaks of ₹994.24. In April, the maximum is projected at ₹984.39, with a minimum of ₹757.23. May is expected to bring a maximum of ₹955.72 and a minimum of ₹735.17. June could see prices peak at ₹998.73. As we continue into July, K P R Mill may hit ₹979.15 at maximum and ₹753.19 at minimum. In August, the anticipated maximum is ₹1,009.43, followed by ₹1,021.54 in September. October is expected to reach ₹1,048.10, with November seeing a maximum of ₹1,074.30, and December concluding the year at a projected maximum of ₹1,122.65 and a minimum of ₹863.58.
| When | Maximum Price | Minimum Price |
| January 2026 | 1,156.33 | 889.48 |
| February 2026 | 1,127.42 | 867.25 |
| March 2026 | 1,149.97 | 884.59 |
| April 2026 | 1,173.44 | 902.64 |
| May 2026 | 1,161.82 | 893.71 |
| June 2026 | 1,190.86 | 916.05 |
| July 2026 | 1,167.51 | 898.09 |
| August 2026 | 1,203.62 | 925.86 |
| September 2026 | 1,227.69 | 944.38 |
| October 2026 | 1,259.61 | 968.93 |
| November 2026 | 1,291.11 | 993.16 |
| December 2026 | 1,323.38 | 1,017.99 |
| When | Maximum Price | Minimum Price |
| January 2027 | 1,336.62 | 1,028.17 |
| February 2027 | 1,370.89 | 1,054.53 |
| March 2027 | 1,424.35 | 1,095.66 |
| April 2027 | 1,396.43 | 1,074.17 |
| May 2027 | 1,355.75 | 1,042.89 |
| June 2027 | 1,416.76 | 1,089.82 |
| July 2027 | 1,388.98 | 1,068.45 |
| August 2027 | 1,431.94 | 1,101.49 |
| September 2027 | 1,482.06 | 1,140.04 |
| October 2027 | 1,520.59 | 1,169.69 |
| November 2027 | 1,558.61 | 1,198.93 |
| December 2027 | 1,597.57 | 1,228.90 |
| When | Maximum Price | Minimum Price |
| January 2028 | 1,629.52 | 1,253.48 |
| February 2028 | 1,671.31 | 1,285.62 |
| March 2028 | 1,736.49 | 1,335.76 |
| April 2028 | 1,702.44 | 1,309.57 |
| May 2028 | 1,652.85 | 1,271.42 |
| June 2028 | 1,727.23 | 1,328.64 |
| July 2028 | 1,693.36 | 1,302.59 |
| August 2028 | 1,745.74 | 1,342.87 |
| September 2028 | 1,806.84 | 1,389.87 |
| October 2028 | 1,853.81 | 1,426.01 |
| November 2028 | 1,900.16 | 1,461.66 |
| December 2028 | 1,947.66 | 1,498.20 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,986.62 | 1,528.17 |
| February 2029 | 2,037.56 | 1,567.35 |
| March 2029 | 2,117.02 | 1,628.48 |
| April 2029 | 2,075.51 | 1,596.55 |
| May 2029 | 2,015.06 | 1,550.04 |
| June 2029 | 2,105.74 | 1,619.80 |
| July 2029 | 2,064.45 | 1,588.04 |
| August 2029 | 2,128.30 | 1,637.15 |
| September 2029 | 2,202.79 | 1,694.45 |
| October 2029 | 2,260.06 | 1,738.51 |
| November 2029 | 2,316.56 | 1,781.97 |
| December 2029 | 2,374.47 | 1,826.52 |
| When | Maximum Price | Minimum Price |
| January 2030 | 2,421.96 | 1,863.05 |
| February 2030 | 2,484.06 | 1,910.82 |
| March 2030 | 2,580.94 | 1,985.34 |
| April 2030 | 2,530.34 | 1,946.41 |
| May 2030 | 2,456.64 | 1,889.72 |
| June 2030 | 2,567.19 | 1,974.76 |
| July 2030 | 2,516.85 | 1,936.04 |
| August 2030 | 2,594.69 | 1,995.92 |
| September 2030 | 2,685.50 | 2,065.77 |
| October 2030 | 2,755.33 | 2,119.48 |
| November 2030 | 2,824.21 | 2,172.47 |
| December 2030 | 2,894.82 | 2,226.78 |
As we step into 2030, K P R Mill is expected to reach a maximum price of ₹2,421.96 and a minimum of ₹1,863.05 in January. This trend continues with projected highs of ₹2,484.06 in February, ₹2,580.94 in March, and ₹2,530.34 in April, with respective minimums of ₹1,910.82, ₹1,985.34, and ₹1,946.41. May’s prices are anticipated to be a maximum of ₹2,456.64 and a minimum of ₹1,889.72. As we progress into June, K P R Mill may hit ₹2,567.19 at maximum and ₹1,974.76 at minimum. July’s forecast shows a maximum of ₹2,516.85 and a minimum of ₹1,936.04. In August, prices may peak at ₹2,594.69 with a minimum of ₹1,995.92. September is projected to see a maximum of ₹2,685.50 and a minimum of ₹2,065.77, followed by October with ₹2,755.33 and ₹2,119.48. November may bring a maximum of ₹2,824.21 and a minimum of ₹2,172.47. Finally, in December, K P R Mill is expected to conclude the year with a maximum of ₹2,894.82 and a minimum of ₹2,226.78.
Financial Condition of K P R Mill Ltd
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 3,353 | 3,527 | 4,822 | 6,186 | 6,060 | 6,059 |
| Expenses + | 2,731 | 2,698 | 3,604 | 4,911 | 4,823 | 4,839 |
| Operating Profit | 622 | 830 | 1,219 | 1,274 | 1,237 | 1,219 |
| OPM % | 19% | 24% | 25% | 21% | 20% | 20% |
| Other Income + | 36 | 39 | 87 | 62 | 67 | 70 |
| Interest | 50 | 33 | 23 | 79 | 74 | 69 |
| Depreciation | 137 | 147 | 141 | 174 | 189 | 195 |
| Profit before tax | 472 | 689 | 1,142 | 1,084 | 1,040 | 1,025 |
| Tax % | 20% | 25% | 26% | 25% | 23% | |
| Net Profit + | 377 | 515 | 842 | 814 | 805 | 806 |
| EPS in Rs | 10.95 | 14.97 | 24.47 | 23.82 | 23.56 | 23.57 |
| Dividend Payout % | 8% | 6% | 1% | 9% | 21% |
K P R Mill Ltd has demonstrated consistent growth in its financials from March 2020 to March 2024, despite some fluctuations. Sales revenue increased from ₹3,353 crore in March 2020 to ₹6,060 crore in March 2024, reflecting strong business performance and market expansion. However, sales in March 2024 showed a slight decline from the previous year’s ₹6,186 crore. The company managed to maintain its expenses in line with sales, with total expenses rising from ₹2,731 crore in March 2020 to ₹4,823 crore in March 2024. This steady expense management helped K P R Mill Ltd sustain its operating profit, which grew from ₹622 crore in 2020 to ₹1,237 crore by 2024, though there was a minor drop in 2023 and 2024 compared to 2022.
In terms of profitability, K P R Mill Ltd’s Operating Profit Margin (OPM) varied, peaking at 25% in March 2022 before slightly dipping to 20% in 2024. The company has consistently generated other income, reaching ₹70 crore in the trailing twelve months (TTM) period. Despite an increase in depreciation and interest costs, K P R Mill Ltd’s profit before tax remained solid, recording ₹1,040 crore in 2024. Net profit growth was steady, climbing from ₹377 crore in 2020 to ₹805 crore in 2024, contributing to an earnings per share (EPS) of ₹23.56 in March 2024. The dividend payout ratio also saw significant improvement, rising to 21% in 2024 from just 1% in 2022, signaling KPR Mill Ltd’s growing commitment to rewarding its shareholders.
FAQs
What is K P R Mill Ltd’s current market cap?
As of October 24th, K P R Mill market capitalization stands at ₹30,240 crores.
The current share price of K P R Mill is ₹885 as of October 24th, 2024.
The share price target for K P R Mill for December 2025 ranges from a minimum of ₹735.17 to a maximum of ₹1,122.65.
The share price target for K P R Mill Ltd for December 2030 ranges from a minimum of ₹1,863.05 to a maximum of ₹2,894.82.
What is K P R Mill Ltd’s current Price-to-Earnings (P/E) ratio?
The current P/E ratio of K P R Mill Ltd is 37.5.
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Conclusion
In conclusion, K P R Mill Ltd is a prominent player in India’s textile and apparel industry, known for its comprehensive operations that encompass yarn production, fabric manufacturing, and ready-made garments. The company is committed to quality and sustainability, which enhances its competitiveness in both domestic and international markets. In Recent news, such as the promoter’s stake sale, have prompted market attention but have also opened opportunities for increased institutional investment, particularly from both FIIs and DIIs.
Looking ahead, K P R Mill’s share price is projected to exhibit steady growth from 2024 through 2030, with significant milestones in each year. By December 2030, the share price is expected to reach a maximum of ₹2,894.82, reflecting strong market confidence in the company’s operational strategies and expansion efforts. The company’s strategic initiatives in sustainability, innovation, and global outreach are likely to reinforce its position as a leading textile manufacturer, making it a noteworthy option for investors seeking exposure in this sector.
What did we learn?
- 1 Latest News on K P R Mill Ltd
- 2 Shareholdings Patterns of K P R Mill Ltd
- 3 How to buy K P R Mill Ltd Shares in India?
- 4 K P R Mill Ltd Share Price Target: 2024 to 2030
- 4.1 K P R Mill Ltd Share Price Target 2024
- 4.2 K P R Mill Ltd Share Price Prediction 2025
- 4.3 K P R Mill Ltd Share Price Prediction 2026
- 4.4 K P R Mill Ltd Share Price Target 2027
- 4.5 K P R Mill Ltd Share Price Prediction 2028
- 4.6 K P R Mill Ltd Share Price Target 2029
- 4.7 K P R Mill Ltd Share Price Target 2030
- 5 Financial Condition of K P R Mill Ltd
- 6 FAQs
- 7 Conclusion
