KPR Mill Ltd. is a vertically integrated company with a diversified business focus spanning fabrics, yarn, garments, and white crystal sugar. It manufactures an impressive product range of textile varieties, including readymade knitted apparel; compact, carded, combed, polyester, and melange yarn; and fabrics. It was incorporated in 2003 with its headquarters in Coimbatore, Tamil Nadu. The company reported a total income of Rs HYPERLINK "https://economictimes.indiatimes.com/kpr-mill-ltd/stocks/companyid-20138.cms" 1,604.97 crore for the quarter ended in June 2022. It was up 9.83% from the previous quarter ended in March 2022. On 29 August 2022, KPR Mill Ltd.’s market capitalisation stood at Rs HYPERLINK "https://www.moneycontrol.com/india/stockpricequote/textiles-readymade-apparels/kprmill/M15" 20,604 crore.
The company is listed on the Bombay Stock Exchange with the code 532889 and on the National Stock Exchange with the code KPRMILL. It is also listed on the MCX Stock Exchange.
KPR Mill Ltd. has an integrated setup for diverse processes, including spinning, knitting, processing, sewing, and power. It has world-class production facilities in Coimbatore, Tirupur, and Sathyamangalam in Tamil Nadu. The company’s product portfolio includes knitted garments for men, women, and children. These garments are made using cotton, cotton blends, organic cotton, and fair-trade cotton.
On 30 June 2022, the company’s shareholding pattern comprised a 74.78% promoter stake, a 3.74% foreign institutional investor stake, a 13.16% domestic institutional investor stake, and an 8.32% public stake. The promoters, Mr K P Ramasamy, Mr P Nataraj, and Mr KPD Sigamani, have a 21.37% share each. During the June 2022 quarter, promoter holdings increased from 74.72% to 74.78%, mutual fund holdings increased from 11.98% to 12.99%, and FII holdings decreased from 4.33% to 3.74%.
KPR Mill Ltd.’s leadership team includes Mr K P Ramasamy, Mr K P D Sigamani, Mr P Nataraj, Mr C R Anandkrishnan, Mr G P Muniappan, Mr A M Palanisamy, and Mr C Thirumurthy. The auditors of the company are BSR & Co. LLP.
On 29 August 2022, KPR Mill Ltd.’s share price closed at Rs 608 on BSE and at Rs 602.80 on NSE. KPR Mill Ltd.’s 52-week high share price was Rs 769, and the 52-week low for the company’s share price was Rs 341. KPR Mill Ltd.’s share gave investors a one-year return of 75.14%.
The company’s peers include Trident Ltd., Alok Industries Ltd., Welspun India Ltd., and Page Industries Ltd.
Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: firstname.lastname@example.org. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose