K.P.R. Mill Limited operates as a vertically integrated textile manufacturer with a footprint spanning spinning, garmenting, and sugar production. Investors will be monitoring how the company's garment division navigated a challenging export environment while managing the impact of elevated cotton prices on its margins.
| Results date | August 10, 2026 |
|---|---|
| Quarter | Q1 FY 2026-2027 |
| Previous quarter revenue | Rs. 1,784.65 Cr |
| Previous quarter PAT | Rs. 227.17 Cr |
| Previous quarter EBITDA margin | 21.3% |
| Net debt (latest quarter) | Net cash of Rs. 772 Cr |
| Market cap | Rs. 36,906.52 Cr |
| CMP | Rs. 1,078.5 |
The board meeting is scheduled for August 10, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026.
K.P.R. Mill enters Q1 FY27 with a robust inventory buffer of approximately 140 days of COGS, which serves as a natural hedge against the surge in Shankar-6 cotton prices observed during the quarter. While industry data shows a 12.44% YoY decline in apparel exports, the company's vertical integration and a 13-14% YoY depreciation in the INR against the USD are expected to provide mechanical support to reported export realisations. The sugar and ethanol segment, which contributed 17.3% of revenue in FY26, continues to be a steady operational pillar with a reported 8.2% PBIT margin in the previous fiscal year. Management commentary will likely focus on the divergence between textile export growth and apparel demand pressure, alongside the potential utilisation of the government's import duty waiver on cotton effective from June 1, 2026.
Revenue composition and segment performance: Analysts will seek clarity on the performance divergence between the company's textile and garment divisions.
Raw material and cotton cost management: Management's strategy to navigate volatile cotton prices remains a critical focus.
Capex and financial position: Monitoring capital allocation and the impact of the recent investment cycle.
Sugar and ethanol segment outlook: Tracking the performance of the integrated sugar operations.
In Q4 FY26, K.P.R. Mill reported consolidated revenue from operations of Rs. 1,784.65 Cr and a PAT of Rs. 227.17 Cr. This performance marked the highest quarterly PAT for the company in the last fiscal year.
The company utilises a 'fibre to fashion' model supported by 191.92 MW of captive renewable energy capacity, including wind, co-gen, and solar power. Management highlights this green power generation as a key lever to economise power costs for its textile operations.
Europe is the company's dominant export market, representing over 55% of its export share historically. Management projections for H1 FY26 indicated that Europe's contribution was expected to reach 61.5%.
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