K.P.R. Mill Ltd - Stock Valuation and Financial Performance

BSE: 532889 | NSE: KPRMILL | Textile | Small Cap

K.P.R. Mill Share Price

932.65 2.05 0.22%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on K.P.R. Mill

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

K.P.R. Mill stock performance -

mw4me loader
P/E Ratio (CD):
39.32
Market Cap:
31,809.2 Cr.
52-wk low:
700.1
52-wk high:
1,053.5

Is K.P.R. Mill Ltd an attractive stock to invest in?

1. Is K.P.R. Mill Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that K.P.R. Mill Ltd is a good quality company.

2. Is K.P.R. Mill Ltd undervalued or overvalued?

The key valuation ratios of K.P.R. Mill Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is K.P.R. Mill Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of K.P.R. Mill Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of K.P.R. Mill:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
K.P.R. Mill Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 17.3%18.2%21.8%21%21.3%19.7%25.5%31.6%24.7%21.1%-
Value Creation
Index
0.20.30.60.60.50.40.91.80.80.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2,5662,5922,8073,0253,3843,3533,5274,8226,1866,0605,782
Sales YoY Gr.-1%8.3%7.8%11.9%-0.9%5.2%36.7%28.3%-2%-
Adj EPS 4.65.67.87.99.210.814.924.123.123.123.7
YoY Gr.-21%38.9%1.3%17.2%17.4%38%61.8%-4.2%-0.2%-
BVPS (₹) 24.729.234.842.549.354.268.392.6108.5127.5137
Adj Net
Profit
174210286290334371513829790788809
Cash Flow from Ops. 31020547722665.9788659494299678-
Debt/CF from Ops. 2.74.31.62.913112.44.51.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10%12.4%19.8%-2%
Adj EPS 19.6%20.2%15.7%-0.2%
BVPS20%20.9%23.1%17.6%
Share Price 39.8% 47.8% 23.7% 8.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
19.820.62420.319.920.324.33022.919.517.9
Op. Profit
Mgn %
17.118.120.11918.118.623.525.320.620.421.1
Net Profit
Mgn %
6.88.110.29.69.911.114.517.212.81314
Debt to
Equity
0.90.80.60.40.50.40.30.40.40.30
Working Cap
Days
12514914013916317015715215718289
Cash Conv.
Cycle
577884871101221059610513665

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 19.77%

Net Profit is growing at healthy rate in last 3 years 15.65%

Return on Equity has declined versus last 3 years average to 17.90%

Sales growth is not so good in last 4 quarters at -7.47%

Latest Financials - K.P.R. Mill Ltd.

Standalone Consolidated
TTM EPS (₹) 19.4 23.7
TTM Sales (₹ Cr.) 3,993 5,782
BVPS (₹.) 106.9 137
Reserves (₹ Cr.) 3,618 4,647
P/BV 8.71 6.80
PE 48.10 39.32
From the Market
52 Week Low / High (₹) 700.05 / 1053.50
All Time Low / High (₹) 1.97 / 1053.50
Market Cap (₹ Cr.) 31,809
Equity (₹ Cr.) 34.2
Face Value (₹) 1
Industry PE 26.9

Management X-Ray of K.P.R. Mill:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of K.P.R. Mill

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales2,5662,6012,8173,0253,3843,3533,5274,8226,1866,060
Operating Expenses 2,1282,1312,2532,4502,7722,7312,6983,6044,9114,823
Manufacturing Costs203246194220267239247354451463
Material Costs1,6851,5931,7021,8412,0281,9871,9632,6863,7533,607
Employee Cost 183218278300381394394445549601
Other Costs 587479899711095118159152
Operating Profit 4374705635746126228301,2191,2741,237
Operating Profit Margin (%) 17.0%18.1%20.0%19.0%18.1%18.6%23.5%25.3%20.6%20.4%
Other Income 24242715373639876267
Interest 84586452495033237974
Depreciation 154152149140131137147141174189
Exceptional Items 0000000000
Profit Before Tax 2232843773984694726891,1421,0841,040
Tax 50739010813495174300270235
Profit After Tax 174211287290335377515842814805
PAT Margin (%) 6.8%8.1%10.2%9.6%9.9%11.2%14.6%17.5%13.2%13.3%
Adjusted EPS (₹)4.65.67.87.99.211.015.024.523.823.6
Dividend Payout Ratio (%)20%18%2%2%2%8%6%1%17%21%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 9451,1011,2861,5701,7901,8662,3503,1873,7074,358
Share Capital 53383737363434343434
Reserves 8931,0631,2491,5331,7541,8312,3163,1523,6734,324
Minority Interest0000000000
Debt7268116856198217416101,0971,1971,079
Long Term Debt313206211159130207179626448295
Short Term Debt413605474460691534431471749784
Trade Payables281255166255222132109273336115
Others Liabilities 333216254108140144182301358312
Total Liabilities 2,2842,3822,3912,5522,9742,8823,2514,8585,5985,864

Fixed Assets

Gross Block2,1222,2161,6031,6561,6972,0172,0942,9163,4453,749
Accumulated Depreciation9151,0632954335606968389761,1391,319
Net Fixed Assets1,2061,1541,3071,2241,1371,3211,2561,9402,3062,429
CWIP 235201262911587118
Investments 61212142923531112934
Inventories5165065336401,0067169131,2891,8981,905
Trade Receivables282419341420528409321480625669
Cash Equivalents 404648327515477128113179
Others Assets175221149223213266421595439530
Total Assets 2,2842,3822,3912,5522,9742,8823,2514,8585,5985,864

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 31020547722666788659494299678
PBT 2232843773984694726891,1421,0841,040
Adjustment 233206211189176194174145215231
Changes in Working Capital -86-198-14-255-445237-47-511-745-395
Tax Paid -60-86-96-105-134-114-156-281-256-199
Cash Flow From Investing Activity -102-207-198-54-69-283-548-942-105-294
Capex -127-197-198-42-85-292-283-887-351-315
Net Investments 12-2-15147-269-6123613
Others 24-11332346108
Cash Flow From Financing Activity -252-65-270-19047-418-194501-206-417
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -177-12927-118-2288-28447-178-154
Interest Paid -81-63-64-52-47-48-33-21-74-73
Dividend Paid -28-54-4-6-5-31-31-5-73-154
Others 35181-229-15122-427-10381120-36
Net Cash Flow -44-6710-194488-8453-13-33
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)20.0720.7524.0420.3419.9320.6124.4430.4123.6219.97
ROCE (%)17.3318.1921.82121.2819.6725.531.5724.6721.09
Asset Turnover Ratio1.151.111.181.221.231.151.151.191.191.06
PAT to CFO Conversion(x)1.780.971.660.780.22.091.280.590.370.84
Working Capital Days
Receivable Days37494946515138303339
Inventory Days657267718993848394114
Payable Days61614542433322263023

K.P.R. Mill Ltd Stock News

K.P.R. Mill Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of K.P.R. Mill on 21-Nov-2024 16:59 is ₹932.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of K.P.R. Mill stood at ₹31,809.2.
The latest P/E ratio of K.P.R. Mill as of 21-Nov-2024 16:59 is 48.10.
The latest P/B ratio of K.P.R. Mill as of 21-Nov-2024 16:59 is 8.71.
The 52-week high of K.P.R. Mill is ₹1,053.5 and the 52-week low is ₹700.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of K.P.R. Mill is ₹3,993 ( Cr.) .

About K.P.R. Mill Ltd

KPR Mill Limited is one of the largest vertically integrated, public limited – listed company with diversified business focus spanning across Yarn, Fabrics, Garments and White Crystal Sugar. The company has earned a great deal of experience of many years to produce an indelible mark in the textile landscape. Manufacturing an impressive product range of textile varieties such as Readymade Knitted Apparel; Fabrics; Compact, Melange, Carded, Polyster and Combed Yarn, the company reaches out to global customers with diligence, superior quality and delivery excellence.

The company’s sustained growth is attributable to the determined team efforts with long term perspectives. The urge for quality, commitment coupled with societal development and strive towards excellence in all their activities secured a prominent place for KPR in the Textile Arena. This impeccable drive continuously awards KPR the titles such as 'one of the Top 500 Listed Corporate' and 'Top 100 CEOs in India. The company has installed high-tech quality control and testing equipment such as Uster Tester-5, Uster HVI 1000 Spectrum, Uster AFIS Pro-2, Uster Zweigle Hairiness Tester –G566 and UsterClassimate Quantum.

Business area of the company

The company is one of the renowned Corporate engaged in Textiles, Sugar, Power generation, Automobiles and Education. Presently, it also ventures into Retail Business under its own Brand and Ethanol Production.

Products:

  • Yarn
  • Fabric
  • Garment
  • Sugar

Different working divisions of the company:

Spinning: KPR is one of the largest manufacturers of yarn in terms of installed spindleage capacity. Every yarn produced adheres to the highest standards of quality. It houses the best machineries from all over the world and have a highly automated facility. It houses a sophisticated Melange and Polyster Cotton Yarn manufacturing facility with imported Automatic blender and an exclusive Slub yarn manufacturing facility. Its state –of-the-art Vortex spinning unit produces various blends and range of viscose yarns that suit the modern garmenting needs.

Knitting: KPR’s knitting division in Arasur, Neelambur and Karumathampatty is equipped with high-speed automatic circular knitting machines. These machineries facilitate easy customization and KPR creates innovative designs in fabrics for its global customers. Fabric production enables it to meet both in-house requirements and market needs. Housing the contemporary imported knitting machines (Mayer & Cie), it rolls out quality fabrics that suit the international garment needs.

Processing: The state-of the art fabric processing unit setup at SIPCOT, Perundurai integrates the fabric processing activities of dyeing, bleaching and finishing. The unit adheres to highest international standards. (Capacity Doubling is under way.)

Printing & Embroidery: As the pioneer in the embroidery market, KPR continues to design the highest quality embroidery job works using latest technology. Its printing and embroidery capabilities can create wonderful moments in its customers’ lives. The printing division is equipped with screen printing and other printing machinery of advanced technology imported from Austria. From design selection to final execution, its expert and experienced personnel ensure guaranteed perfection at every aspect of garment. The advance technology machine from Austria empowers company to print sharp designs with high level of accuracy. Entire range of fabrics, such as light and heavy as well as delicate and sensitive fabrics can be printed in the same machine, without any friction. Its ability to print voluminous fabrics with high resolution is a salient feature.

Garmenting: KPR Garment, the exclusive garmenting center is ranked among the largest garment manufacturing facilities in India. Inspired by customer delight and the desire to make innovative designs, it creates mesmerizing fashion trends for men, women, boys and girls. Entire garments produced are exclusively for international markets.

Wind mills: KPR Mill is a future-focused organization strongly believing in responsible growth. It better understands that long-term solution to meet growing power needs is renewable energy. Ever since setting up of spinning mills it was supported by Wind mills. KPR has installed Windmills at diverse, strategic locations in Tamilnadu (Tirunellveli, Theni, Thenkasi, & Coimbatore). The expansion plans of KPR are always cohered with windmill expansion.

Sugar Mill: KPR has been proactively exploring new avenues for green power. To attain 100% self-sufficiency in meeting its Power requirements through Green Power, a Co-gen Cum Sugar Factory of Ethanal Extraction has been established at Almel Village, Sindagi Taluk, Bijapur (DT), Karnataka, one of the highest sugar recovery area. KPR Sugar Mill is a wholly owned subsidiary of KPR Mill. The Co-gen cum Sugar Mill and Ethanol plant, equipped with modern infrastructure.

Awards

  • 2015: KPR Mill features on Business World magazine’s 500 Definitive Ranking of India’s Largest Companies survey conducted jointly with KPMG – global network of professional firms providing Audit, Tax and Advisory services. KPR Mill finds place in two major categories: ‘Financial Companies’ and ‘Shareholder Returns.’
  • 2016: KPR Mill has find place in Financial Express Magazine’s India’s Finest 500 Companies List published in February 2016. The company has got special mention in the category ‘Readymade Garments/Apparel.’
  • 2018-19: Honorable Vice - President of India Sri. Venkiah Naidu has honored KPR Mill with an award for 'Pioneering work' in Indian Textile Industry in 2018.
  • 2018-19: Fortune India Magazine in its December 2018 Issue has also selected KPR as one of the Largest 500 Corporations in India in 2018; Maximum Wealth Creators; 9th Revenue Earning Textile Companies in India.
  • 2018-19: The Union Minister of Labour has awarded the Region's 'Model Employer' award to KPR Mill on Provident Fund related matters.
  • 2019-20: The Income Tax Department has honoured KPR Mill as one of the Top Tax payers in Coimbatore Region in the financial Year 2018-19.
  • 2019-20: The Company was awarded one of the top Exporters in the Trichy Division by the Commissioner of Customs, Trichy.
  • 2019-20: Ministry of Rural Development, Rural Skills Division, Government of India, has awarded the company as one of the best performing Employer in DDU-GKY for 2018-19.
  • 2019-20: The Fortune India, financial Magazine has continuously selected KPR as one of the India's Largest 500 Wealth creators and among the Top 19 Textiles & Garments' sector Companies in India.
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