KPR Mills - Sustained Capex To Drive Revenue, Profitability: ICICI Direct
Spools of cotton thread in Malaysia. (Photographer Samsul Said/Bloomberg)

KPR Mills - Sustained Capex To Drive Revenue, Profitability: ICICI Direct


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ICICI Direct Report

KPR Mills Ltd. continued to witness encouraging demand across all its segments in Q4 FY21.

Revenue for the quarter grew 28% YoY (20% QoQ) to Rs 1117.9 crore, with textile division (80% of sales) posting 26% YoY (12% QoQ) growth, sales from sugar division inching up 50% YoY (81% QoQ).

On the back of healthy order book, sustained demand for casualwear products (where the company’s expertise lies), garment volumes jumped 12% YoY to 29.7 million pieces.

However, realisations were lower at Rs 127/piece (average realisations: Rs 150-160) on the back of unaccounted export incentive (~4-5%).

Click on the attachment to read the full report:

ICICI Direct KPR Mills Company Udpate.pdf


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