Company Profile -
KPR Mill Limited is one of the largest vertically integrated Apparel manufacturing companies in India producing Yarn, Knitted Grey & Dyed Fabric and Readymade Garments.
The Company has 'State-of-the-Art' production facilities in the State of Tamil Nadu, India.
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The Garment manufacturing facility is one of the largest in India with a capacity to produce 63 million garments per annum. Inspired by customer delight and the desire to make innovative designs, KPR creates fashion trends for men, women and children. Vertical integration of manufacturing process enables it to customize products as per the client’s specifications with consistent quality assurance in a cost-effective manner. The Company has installed Wind Mills with a total generation capacity of 61.92MW of green power for captive consumption at Tamil Nadu to become 75% self- reliant in power needs.
Result update -
In current quarter company has posted 12% revenue growth on qoq basis and 30% revenue growth compare to last year's same quarter. Company's PAT has improved drastically with 80% profit increasing. Consolidated EPS stands at 14 Rs. which is more than doubled than last quarter. With EPS of 37 Rs. on yearly basis company is currently available at attractive valuation. We strongly recommend to buy at CMP of 160 for the target of 200 in coming days.
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