KPRMILL
Large CapK.P.R. Mill Limited
Consumer
K.P.R. Mill Limited is a vertically integrated apparel manufacturer in India with 12 hi-tech facilities and over 30,000 employees, exporting to leading international brands. The company also operates in Sugar & Ethanol and Green Power segments, meeting most of its textile power needs.
One read, four checks
75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.
Mixed fundamentals, management trust is supportive, price trend is neutral, and recent execution is consistent.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
low confidence · 0/0 claims checked
Timing lens: price trend and sector relative strength.
Rolling lens: recent quarterly delivery, not the latest single-result score.
Quarter ended 31 Mar 2026
Good · 60/100Rev +1% YoY · PAT +11% YoY · margin expansion · +22% QoQ · operating leverage
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1,785 Cr | +0.9% | +21.7% |
| EBITDA | ₹348 Cr | +4.5% | +18.0% |
| Operating margin | 20.0% | +100 bps | +0 bps |
| PAT | ₹227 Cr | +10.7% | +8.6% |
| PAT margin | 12.7% | +113 bps | -153 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Where growth can come from, and what can break the case
KPR Mill reported robust Q4 FY26 performance with revenue up 1% YoY and PAT up 11% YoY, driven by strong garment and ethanol sales. Full-year FY26 revenue grew 4% YoY to Rs 6650 Cr, with PAT up 6% YoY to Rs 866.5 Cr, despite pricing pressure in yarn & fabric.
The company demonstrated consistent top-line and bottom-line growth in FY26, supported by strong garment and ethanol segments. Improved net cash position and stable EBITDA margins are positive. However, pricing pressure in yarn & fabric and declining sugar sales warrant monitoring.
Geographic Spread of Export (FY26)
Latest issuer-disclosed distribution across 5 reported categories.
Garment Segment Growth
Sales value grew 8.7% YoY to Rs 3179 Cr in FY26, with volume up 4.5% YoY to 181.45 Million Garments.
Ethanol Segment Expansion
Sales value grew 20.7% YoY to Rs 478 Cr in FY26, with volume up 22.2% YoY to 760.73 Lakh Litres.
Green Power Generation
Company generates 61.92 MW Wind, 90 MW Co-gen, and 40 MW Rooftop Solar, meeting most of its textile power needs, economizing power cost.
Vertical Integration
The 'fibre to fashion' model economizes cost and time, supporting competitive advantage and consistent quality with 'Shankar 6' cotton.
Government Support for Textiles
Government introduced new schemes to boost the textile sector and allowed 100% FDI under the automatic route.
Free Trade Agreements (FTAs)
FTAs with major economies are cited as an encouraging factor for the textile sector.
Indian Textile Industry Position
India is the largest producer of cotton, with production facilities across the textile value chain and highly competitive spinning sector.
Yarn & Fabric Pricing Pressure
FY26 sales value declined 1.3% YoY despite 1.5% YoY volume growth, indicating pricing challenges in the segment.
Sugar Sales Decline
FY26 sugar sales value decreased 6.5% YoY to Rs 593 Cr, with volume down 11.3% YoY to 1,54,749 MT.
Market Volatility
Forward-looking statements are subject to risks like the performance of the Indian economy, international markets, and the textile industry.
Competition
The company's future performance is subject to risks related to competition in the textile industry.
Technological Implementation Risks
Future performance is subject to risks related to technological implementation, changes, and advancements.
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
For a consumer-oriented textile company, both sequential (QoQ) performance indicates immediate market momentum and operational efficiency, while annual (YoY) comparisons are crucial for assessing long-term growth trends and mitigating seasonality.
Revenue from Operations
Q4 FY26 revenue at Rs 1784.65 Cr, up 1% YoY and 21.6% QoQ. FY26 revenue at Rs 6650.37 Cr, up 4% YoY.
EBITDA Margin
Q4 FY26 EBITDA margin at 21.3%, up 200 bps YoY but down 60 bps QoQ. FY26 EBITDA margin at 20.65%, up 22 bps YoY.
PAT Growth
Q4 FY26 PAT at Rs 227.17 Cr, up 11% YoY and 8.9% QoQ. FY26 PAT at Rs 866.50 Cr, up 6% YoY.
Garment Sales Volume
FY26 volume at 181.45 Million Garments, up 4.5% YoY.
Shareholder Returns
Proposed final dividend for FY26 of Rs 2.50 per share (250%), totaling 500% for the year, subject to approval of shareholders in AGM.
Strategic Management
Management is described as dynamic and strategic, focused on consistent growth and adding value to all stakeholders with transparency.
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Yarn & Fabric Realization | Value down 1.3% YoY despite volume up 1.5% YoY in FY26. | Improvement in pricing power and value growth matching or exceeding volume growth. |
| Garment Segment Momentum | Sales value up 8.7% YoY, volume up 4.5% YoY in FY26. | Sustained volume and value growth, especially in export markets. |
| Ethanol Segment Growth | Sales value up 20.7% YoY, volume up 22.2% YoY in FY26. | Continued strong demand and capacity utilization in the ethanol business. |
| Net Cash Position | Rs 834.8 Cr net cash in FY26. | Maintenance or further improvement of net cash position and efficient capital allocation. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trend score and candlestick chart
53NeutralSMA20 +7.0% / mo
Technical chart
KPRMILLdaily · 5Y-5.9%Technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 60. Wait for confirmation.
- SMA20 rising (~4.3% over last month) — short-term momentum positive.
- RSI(14) at 60 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 10% off 52W high · 29% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation, score drivers, trust methodology, financials, and peers
Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.
Fundamental score breakdown
FAIR VALUEWhy this score?
Top U-Score contributors and drags from the latest stored fundamentals.
Positive drivers
- Piotroski is strong at 8/9.
- Balance sheet contributes 12/15 to the score.
- Quality contributes 10/20 to the score.
Main drags
- Valuation is weaker at 7/30; verify the latest quarterly trend.
- Growth is weaker at 9/25; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Score history
12 stored score snapshots. Latest stored move: +0 points.
Factor attribution
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
High Trust: Claim history is still being built. It ranks around the 98th percentile of the scored universe and 98th percentile within Consumer. No major sub-score weakness stands out.
High Trust Lite: Promoter holding is 67.5%.
Management behaviour ranks as unusually reliable. Still verify valuation and cycle risk.
overall median 67 · Consumer: 98th pctile, median 67 · Large: 95th pctile, median 74
120 documents indexed, but claim history is not strong enough yet.
0 claims extracted · No contradicted claim yet
How to read this Trust Score
High Trust · low confidenceRead Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust positives
- ▸Promoter holding is 67.5%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 0.1%.
- ▸9 years of positive FCF.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Intrinsic value
Fundamentals
Valuation
- P/E
- 40.70
- P/B
- 6.17
- EV/EBITDA
- 24.20
- Market Cap
- 35287.00Cr
Profitability
- ROE
- 16.20%
- ROCE
- 20.20%
- ROA
- 12.67%
- Dividend Y
- 0.49%
Growth (CAGR)
- Revenue 5Y
- 14.00%
- EPS 5Y
- 11.00%
- Revenue 3Y
- 2.00%
- EPS 3Y
- 3.00%
Balance Sheet
- Debt/Equity
- 0.10
- Interest Coverage
- 24.37×
- Altman Z
- 9.05
- Book Value
- 167.00
Cash Flow
- FCF Yield
- 0.11%
- FCF Positive Y
- 9/5
- OCF
- 1108.00 Cr
- EPS TTM
- 25.35
Shareholding
- Promoter Hold
- 67.52%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 51%
Financial History
Updated 9/6/2026
Revenue
₹ CrNet Profit
₹ CrReturn on Equity
%Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.