KPR Mill, established in 1984 in Coimbatore, is one of India's largest vertically integrated apparel manufacturing companies. With over 40 years of expertise in the textile sector and a modern manufacturing facility that houses cutting-edge machinery, we have the expertise to craft and produce the finest fashion garments that offer a unique blend of style and comfort. KPR Mill is one of the largest vertically integrated garment manufacturers in the country. It ended FY24 with a total revenue of Rs 6,127 crore and over Rs 1,040 crore in profits.
The company stands as a testament to Indian manufacturing excellence, having evolved from a humble beginning with a loan of Rs 8,000 from his mother's uncle to becoming a multi-billion dollar enterprise. His company, with a market cap of ~Rs 28,400 crore, is among the largest apparel manufacturers in India. As of June 2025, the company has a market cap of 39,001 crore, up 25.1% in 1 year.
KPR Mill operates through a comprehensive vertically integrated model that spans the entire textile value chain. K.P.R. Mill Limited is an India-based apparel manufacturing company, which is engaged in the business of yarn, fabrics, garments, green power, sugar and ethanol. The Company's segments include textile, sugar, and others.
The company's textile division represents its core strength with extensive manufacturing capabilities. The company operates six state-of-the-art spinning mills with a capacity to produce 100,000 MT of yarn, including 10,000 MT of vortex viscose yarn, and four garment manufacturing units with an annual capacity of 177 million pieces. Its two processing facilities can handle 25,000 MT of fabric annually, while the printing division supports high-resolution printing of 15,000 MT.
The company produces an extensive range of textile products. It produces yarns in a comprehensive range of varieties, like compact yarn, combed yarn, carded yarn, melange yarn, polyester cotton, viscose yarn, grindel yarn and red label yarn. Its fabric products include an entire range of single jersey (also with lycra/spandex), interlock, rib, two and three thread fleece, pique polo, and flat bed collar.
KPR Mill now has 15 factories to spin cotton into yarn, knit yarn into fabric, process the fabric, and produce 150 million garments for export annually. It ships more than 140 million pieces, mostly to Europe, North America, Australia and the rest of Asia. The company serves prestigious global brands and has established itself as a preferred supplier to major international retailers including Marks & Spencer, H&M, and Primark.
Beyond textiles, KPR Mill has diversified into complementary sectors. The company produces a wide range of products such as yarn, fabric, garments, sugar, molasses & ethanol. The company also has a presence in the automobile industry & power generation industry through its subsidiaries. Today, the company has gradually expanded its operations to categories such as sugar, ethanol, luxury-car dealerships, renewable energy, and education.
KPR Mill has demonstrated consistent financial growth and stability. For FY 2024-25, the company reported strong performance across key metrics:
- **Revenue**: Revenue: 6,388 Cr
- **Net Profit**: Profit: 815 Cr
- **Q4 FY25 Results**: Revenue of ₹1,769 crore and PAT of ₹205 crore. EBITDA margin for the quarter stood at 19.3%, slightly down from 20.3% a year ago, owing to moderated garment realizations, but still reflecting operational discipline and cost management.
The company's diversified revenue streams provide stability and growth opportunities:
- **Yarn and Fabric Segment**: In FY2024–25, KPR Mill's Yarn and Fabric segment reported a revenue of ₹2,133 crore, registering a growth from ₹1,940 crore in FY24. This increase was supported by a rise in demand, especially in the latter half of the year, coupled with operational efficiencies.
- **Garment Division**: The Garment division—KPR's core strength and major export revenue contributor—posted revenue of ₹2,665 crore in FY25, up from ₹2,571 crore in FY24.
KPR continues to derive a substantial portion of garment revenues from exports, with Europe accounting for 58.2%, followed by North America at 21%, and Australia at 15%. The company has maintained its market presence across more than 60 countries and remains a preferred vendor to major global brands.
KPR Mill has built a unique workforce model that emphasizes women's empowerment and social responsibility. The textile company boasts of a 30,000 workforce, of which 95% are women. These are women recruited from villages and trained on-the-job to become skilled workers. Backed by over 31,000 employees, with nearly 90% women, KPR's skilled workforce is a cornerstone of its manufacturing excellence.
The company has made significant investments in renewable energy and sustainable practices. In addition, the company is self-reliant on energy through 61.92 MW wind power, 90 MW co-gen power, and 38 MW rooftop solar, meeting nearly 40% of the textile segment's energy requirements. KPR's environmental footprint is also minimized by generating over 190 MW of green energy, enabling it to meet compliance standards and ESG benchmarks — key requirements for global buyers.
Their green campus, with over 200,000 trees, is a testament to their commitment to combating climate change. The company's focus on sustainability extends beyond environmental concerns to encompass social responsibility and inclusive growth.
KPR Mill maintains a strong financial position with the company being almost debt free and maintaining a healthy dividend payout of 17.1%. The company has an upcoming dividend of ₹2.50 per share due on 23 July 2025.
The company's ownership structure reflects strong promoter confidence, with promoter holding in K P R Mill Ltd at 70.68 per cent as of Mar 2025. The stock has shown resilience, with the stock trading at 7.80 times its book value.
Looking ahead, KPR Mill is positioned to benefit from several growth drivers including the UK-India Free Trade Agreement (FTA), which opens new market opportunities for India-made garments. Government policy incentives such as PLI (Production Linked Incentive) schemes and 100% FDI in textiles. The company is actively investing in capacity enhancements, particularly in garment manufacturing, to align with increasing demand and its growing order book.
The company's strategic focus on digitization, automation, and capacity expansion positions it well for continued growth in the evolving global textile market, making it a significant player in India's manufacturing sector and a key contributor to the country's export economy.
