KPR Mills at a new high

about 2 months ago
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KPR Mills is on a roll today! From its close of Rs.946.65, the stock opened at Rs.962.60 and rose almost 7% to hit a new 52-week high at Rs.1009.55.

The company posted a flat revenue from operations at Rs.1610 crore while EBITDA came in 4.5% (YoY) lower at Rs.322 crore. EBITDA margins improved from 20.9% to 19.9%.

Its net debt currently stands at Rs.115 crore while cash and equivalents is at Rs.457 crore.

KPR Mills is a vertically integrated apparel manufacturing company with 12 hi-tech manufacturing facilities and over 30,000 employees. It has 20,000 TCD sugar capacity in Karnataka with 500 KLPD Ethanol making capacity.  It also generates 61.92 MW Wind power capacity to meet 40% of its textile power requirement. PAT from the quarter came in flat at Rs.203 crore.

933.35 (-5.30)

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