K P R Mill Ltd
KPRM

K P R Mill Ltd (KPRMILL)

₹575.951.52%

Key Stats

₹559.85
Day's Price Range
₹582.9
₹290.2
52-Week Price Range
₹769
1 Month Return-15.6 %
3 Month Return-7.23 %
1 Year Return82.98 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 1
23.17
EPS
Rank 1
₹24.47
BVPS
Rank 1
₹68.3
Dividend Yield
Rank 1
0.42%
ROE
Rank 1
25.36%
Price To Book Ratio
Rank 1
8.3
Debt To Asset
Rank 1
0.28

Company Information

KPR Mill Limited formerly known as KPR Cotton Mills Pvt. Ltd. was originally incorporated on March 19 2003. The company is one of the largest vertically integrated apparel manufacturing companies in India producing yarn cotton knitted fabric readymade garments and wind power. It has stateoftheart production facilities in Coimbatore Sathyamangalam and Tirupur in the State of Tamil Nadu South India. The company has acquired KPR Knits a Proprietorship concern as a going concern with effect from April 01 2005 to rationalize operations and better leverage capacities.KPR Mill Private Limited and KPR Spinning Mill Private Limited were consolidated into KPR Cotton Mills Private Limited through a merger process to take effect from April 1 2005. Consequent to the merger the companys name was changed from KPR Cotton Mills Private Limited to KPR Mills Limited.The company has commenced the construction of new spinning mill at Arasur in around 44 acres of campus which will have 100800 spindles and 12 windmills of 19.8 MW will meet the power requirements of the mill. The mill will be fully operational by 2007 2008 and once mill commence the operation the cumulative production capacity increase to 54000 tons per annum. To provide endtoend apparel manufacturing service the company is constructing a new fabric processing facility at SIPCOT Perundurai Tamilnadu. This facility helps the company to handle all of its processing requirements including dyeing bleaching and compacting at one place. The processing capacity of this unit will be 23 metric tons of fabric per day. The processing unit will be equipped with soft flow machines to enable dyeing of yarns. Azo free dyes will be used to create dyed yarn of various colours. Additionally the unit will also have a water treatment plant to enable recycling of water The mill will be fully operational by 2007 2008. The company has settingup a high tech garment unit at Arasur by installing 1440 sewing machine and setting up a design studio. Along with the garment production unit hostel accommodation for workers is simultaneously being set up. This unit will enable in timely and bulk processing of orders from international companies. The Unit will be fully operational by 20072008. During November 2016 after obtaining the consent of the Members of the Company by Postal Ballot and complying with the applicable provisions of the Act Regulations the Equity Share of the Company of the Face Value of Rs. 10/ each has been split into two shares of Face Value of Rs. 5/ each. The new subdivided shares have been credited to the concerned shareholders Demat accounts. The new ISIN of the Company at Depositories is INE930H01023.The Board of Directors of the Company announced a Buyback of 1470000 fully paidup equity shares 1.95 of the pre Buyback equity share capital of the face value of Rs. 5/ each from all the existing shareholders on a proportionate basis through the Tender Route process at a price of Rs. 660 per Equity Share payable in cash. The total consideration amounted to Rs. 97.02 Crores representing 9.95 of the aggregate of the paidup equity share capital and free reserves as per the audited accounts of the Company for the year ended March 31 2016. After complying with the applicable laws the Company bought back 1470000 Equity Shares. The funds in respect of accepted Equity Shares have been paid out. Buyback was completed on February 13 2017. The Promoters who have participated in the Buyback offer reorganised their stake to the permitted levels subsequently as per their undertaking to SEBI. The present Paid up Capital Post Buyback is Rs. 36.95 Crores.The Board of Directors of the Company announced a Buyback of 1335000 fully paidup equity shares 1.81 of the pre Buyback equity share capital of the face value of Rs 5/ each from all the existing shareholders on a proportionate basis through the Tender Route process at a price of Rs 810 per Equity Share payable in cash. The total consideration amounted to Rs 108.14 Crores representing 9.81 of the aggregate of the paidup equity share capital and free reserves as per the audited accounts of the Company for the year ended March 312017. After complying with the applicable laws the Company bought back 1335000 Equity Shares. The funds in respect of accepted Equity Shares have been paid out. Buyback was completed on 13th April 2018. The Promoters who have participated in the Buyback offer reorganized their stake to the permitted levels subsequently as per their undertaking to SEBI. The present Paid up Capital Post Buyback is Rs 36.28 Crores.
OrganisationK P R Mill Ltd
HeadquartersCoimbatore
IndustryReadymade Garments/ Apparells