K.P.R. Mill financials and balance sheet

NSE: KPRMILLBSE: 532889Textiles & ApparelsSmall Cap

₹1,024.60₹0.90 (0.09%)BSE ₹1,024.80

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,023.70.

52-week range of traded prices to 23 Oct 2026

₹796.10Low, 12 Mar 2026₹1,334.00High, 24 Jun 2026

Next results date: the board meets on 28 Oct 2026 to consider: financial results.

Market cap: ₹35,022 Cr257th largest listed
P/E: 38.4
P/B: 6.1
Dividend yield: 0.49%
ROE: 17.1%
ROCE: 17.7%
Debt to equity: 0.10
Volume, NSE: 1,48,28048.9% delivered

10 years at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.K.P.R. Mill annual reports

Revenue, net profit and borrowings, ₹ crore

Revenue
Net profit
Borrowings

Peak revenue ₹6,650 Cr, year to Mar 2026

Operating and net margin, per cent

Operating margin
Net margin

Results for the year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

Revenue6,650
Materials and goods−4,040
Employee costs−783
Other expenses−560
Operating profit1,267
Depreciation−216
Other income+134
One-off items0.0
Finance costs−52
Profit before tax1,134
Tax−268
Net profit867

What the company owns

Plant, investments and other assets₹2,918 Cr
Inventory₹1,844 Cr
Cash and bank₹1,368 Cr
Receivables₹640 Cr
Current investments₹63 Cr

What pays for it: net worth and liabilities

Net worth₹5,698 Cr
Borrowings₹596 Cr
Other liabilities₹307 Cr
Owed to suppliers₹233 Cr

K.P.R. Mill business segments, year to Mar 2026

A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them.K.P.R. Mill segment results by quarter

Revenue by segment

₹6,692 CrTotal

Textile₹5,435 Cr81.2% of total
Sugar₹1,173 Cr17.5% of total
Others₹84 Cr1.2% of total

Profit by segment

Textile₹952 Cr90.5% of total
Sugar₹96 Cr9.1% of total
Others₹4 Cr0.4% of total

Segment results by year

Consolidated, ₹ crore, years to March.

Textile
Revenue, ₹ crore
3,040
2,921
2,984
4,113
4,893
4,714
5,185
5,435
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
466
419
614
978
902
753
980
952
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Sugar
Revenue, ₹ crore
253
341
496
645
1,180
1,226
1,115
1,173
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
10
60
65
97
194
291
56
96
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Others
Revenue, ₹ crore
92
90
50
64
113
120
89
84
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
5
5
4
3
5
4
2
4
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26

₹ crore	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue of all businesses	3,384	3,353	3,530	4,822	6,186	6,060	6,388	6,692
Company revenue, as in its results	3,384	3,353	3,530	4,822	6,186	6,060	6,388	6,650
Revenue	3,040	2,921	2,984	4,113	4,893	4,714	5,185	5,435
Revenue growth	–	−3.9%	2.1%	37.9%	19.0%	−3.7%	10.0%	4.8%
Profit	466	419	614	978	902	753	980	952
Profit growth	–	−10.0%	46.4%	59.3%	−7.7%	−16.5%	30.2%	−2.9%
Margin	15.3%	14.4%	20.6%	23.8%	18.4%	16.0%	18.9%	17.5%
Return on capital	30.4%	27.0%	32.5%	40.1%	32.7%	23.9%	25.4%	22.7%
Assets	2,436	2,239	2,452	3,246	3,734	3,711	4,198	5,005
Liabilities	904	688	564	808	972	565	343	803
Capital employed	1,532	1,551	1,888	2,437	2,761	3,146	3,856	4,202
Revenue	253	341	496	645	1,180	1,226	1,115	1,173
Revenue growth	–	35.0%	45.5%	30.0%	82.8%	4.0%	−9.1%	5.2%
Profit	10	60	65	97	194	291	56	96
Profit growth	–	509.5%	7.9%	48.9%	100.4%	50.3%	−80.6%	69.8%
Margin	3.9%	17.6%	13.1%	15.0%	16.4%	23.7%	5.1%	8.2%
Return on capital	4.3%	21.2%	15.0%	13.0%	21.0%	24.5%	4.7%	6.2%
Assets	466	590	771	1,576	1,820	2,105	1,725	1,795
Liabilities	234	306	338	831	898	916	527	243
Capital employed	231	284	433	745	922	1,189	1,198	1,552
Revenue	92	90	50	64	113	120	89	84
Revenue growth	–	−1.3%	−44.1%	27.0%	76.6%	6.1%	−26.1%	−5.9%
Profit	5	5	4	3	5	4	2	4
Profit growth	–	7.3%	−22.7%	−20.1%	52.2%	−25.1%	−53.6%	112.9%
Margin	5.6%	6.0%	8.4%	5.3%	4.5%	3.2%	2.0%	4.5%
Return on capital	32.4%	45.8%	29.2%	20.2%	29.1%	22.0%	11.2%	21.4%
Assets	39	27	26	34	38	35	38	32
Liabilities	23	15	12	18	20	18	22	14
Capital employed	16	12	14	17	18	17	16	18
	0	–	0	0	0	0	0	–
Profit	37	–	39	87	62	67	74	–
Assets	0	–	0	0	0	0	0	–
Liabilities	0	–	0	0	0	0	0	–
Capital employed	0	–	0	0	0	0	0	–
	0	0	0	0	0	0	0	–
Profit	0	0	0	0	0	0	0	–
Assets	33	42	15	12	6	12	1	–
Liabilities	22	22	1	25	0	7	68	–

Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Consolidated, ₹ crore, years to March.K.P.R. Mill quarterly results

₹ crore	Mar 2017	Mar 2018	Mar 2019Filed 7 May	Mar 2020Filed 27 Jun	Mar 2021Filed 29 Apr	Mar 2022Filed 28 Apr	Mar 2023Filed 5 May	Mar 2024Filed 3 May	Mar 2025Filed 10 Jun	Mar 2026Filed 12 May
Revenue from operations	2,817	3,024	3,384	3,353	3,530	4,822	6,186	6,060	6,388	6,650
	2,253	2,449	2,772	2,731	2,701	3,604	4,911	4,823	5,142	5,383
Materials and goods bought	1,702	1,841	2,028	1,987	1,963	2,686	3,753	3,607	3,890	4,040
Employee costs	278	300	381	394	394	445	549	601	672	783
Other expenses	273	308	364	349	344	473	610	615	580	560
Operating profit before depreciation	563	575	612	622	830	1,219	1,274	1,237	1,246	1,267
Operating margin	20.0%	19.0%	18.1%	18.6%	23.5%	25.3%	20.6%	20.4%	19.5%	19.1%
Materials, % of revenue	60.4%	60.9%	59.9%	59.3%	55.6%	55.7%	60.7%	59.5%	60.9%	60.7%
Employee costs, % of revenue	9.9%	9.9%	11.3%	11.8%	11.2%	9.2%	8.9%	9.9%	10.5%	11.8%
Other expenses, % of revenue	9.7%	10.2%	10.8%	10.4%	9.7%	9.8%	9.9%	10.2%	9.1%	8.4%
Depreciation and amortisation	149	140	131	137	147	141	174	189	208	216
Operating profit after depreciation	414	435	481	485	683	1,078	1,101	1,048	1,038	1,052
Other income	27	14	37	36	39	87	62	67	74	134
Finance costs	64	52	49	50	33	23	79	74	50	52
One-off items	0	0	0	0	0	0	0	0	0	0
Profit before tax	377	398	469	472	689	1,142	1,084	1,040	1,063	1,134
	90	108	134	95	174	300	270	235	248	268
Current tax	75	103	133	109	177	297	243	214	237	251
Deferred tax	15	5	1	−14	−3	3	27	21	11	16
Net profit	287	290	335	377	515	842	814	805	815	867
Net margin	10.2%	9.6%	9.9%	11.2%	14.6%	17.5%	13.2%	13.3%	12.8%	13.0%

Balance sheet

Consolidated, ₹ crore, at 31 March.

₹ crore	Mar 2019Filed 7 May	Mar 2020Filed 27 Jun	Mar 2021Filed 29 Apr	Mar 2022Filed 28 Apr	Mar 2023Filed 5 May	Mar 2024Filed 3 May	Mar 2025Filed 10 Jun	Mar 2026Filed 12 May
	1,790	1,866	2,350	3,187	3,707	4,358	5,002	5,698
Share capital	36	34	34	34	34	34	34	34
Reserves	1,754	1,831	2,316	3,152	3,673	4,324	4,968	5,663
	821	741	610	1,185	1,348	1,158	466	596
Repayable after a year	130	207	179	626	448	295	54	26
Repayable within a year	691	534	431	559	900	863	412	570
	1,003	770	688	979	1,325	1,086	775	957
Trade payables	234	132	122	282	336	115	218	233
Other financial liabilities	57	77	96	1	0	0	0	1
Other liabilities	14	24	14	96	88	95	134	142
Tax owed	7	3	24	41	1	12	11	11
	180	261	227	702	566	420	184	178
Other liabilities	3	7	5	32	20	7	2	2
Provisions	0	0	0	0	0	0	0	5
Deferred tax	47	47	43	44	97	118	129	145
Total assets	2,974	2,897	3,265	4,868	5,598	5,864	5,962	6,833
	1,208	1,387	1,511	2,394	2,619	2,724	2,635	2,649
Plant in use, after depreciation	1,136	1,320	1,254	1,939	2,305	2,428	2,459	2,395
Plant being built	12	6	29	115	87	118	40	63
Intangible assets	0	1	1	1	1	1	1	1
Goodwill	1	1	1	1	1	1	1	1
Property held to earn rent	0	0	0	0	0	0	0	6
Investments	2	2	2	2	2	2	2	2
Other financial assets	57	0	0	0	0	0	46	45
Deferred tax	0	15	14	10	0	0	0	0
Other assets	0	42	211	327	225	176	86	136
	1,765	1,510	1,754	2,474	2,978	3,140	3,326	4,184
Inventories	1,006	716	913	1,289	1,898	1,905	1,869	1,844
Trade receivables	528	443	321	480	625	669	586	640
Cash and cash equivalents	64	152	68	121	109	75	115	64
Other bank balances	11	2	9	7	4	104	204	1,304
Current investments	0	7	233	309	127	32	263	63
Other financial assets	49	3	45	45	5	9	10	9
Other assets	107	187	165	222	209	345	281	261
Net debt	746	579	299	748	1,108	947	−115	−835

Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Consolidated, ₹ crore, years to March.

₹ crore	Mar 2021Filed 29 Apr	Mar 2022Filed 28 Apr	Mar 2023Filed 5 May	Mar 2024Filed 3 May	Mar 2025Filed 10 Jun	Mar 2026Filed 12 May
	659	494	299	678	1,401	1,108
	815	775	555	877	1,640	1,361
	−47	−511	−745	−395	364	53
Receivables	85	−161	−147	−44	85	−59
Inventories	−198	−376	−610	−7	37	25
Payables	−10	173	63	−221	103	15
Other working capital	75	−148	−51	−123	140	73
Tax paid	−156	−281	−256	−199	−239	−253
Capital spending	285	892	379	323	169	315
Free cash flow	374	−398	−80	354	1,233	794
	−548	−942	−105	−294	−450	−1,068
Plant and property sold	2	6	28	9	8	63
Interest received	3	2	5	4	18	64
	−194	501	−206	−417	−912	−91
Borrowings raised	0	0	340	−36	−451	158
Borrowings repaid	−131	527	−178	−154	−242	−28
Interest paid	−33	−21	−74	−73	−48	−50
Dividends paid	31	5	73	154	171	171
Shares bought back	0	0	180	0	0	0
Shares issued	0	0	0	0	0	0
Net change in cash	−84	53	−13	−33	39	−51

Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Consolidated, ₹ per share, years to March.K.P.R. Mill dividend history

₹ per share	Mar 2017	Mar 2018	Mar 2019Filed 7 May	Mar 2020Filed 27 Jun	Mar 2021Filed 29 Apr	Mar 2022Filed 28 Apr	Mar 2023Filed 5 May	Mar 2024Filed 3 May	Mar 2025Filed 10 Jun	Mar 2026Filed 12 May
	₹7.63	₹7.86	₹9.22	₹10.58	₹14.98	₹24.47	₹23.81	₹23.56	₹23.85	₹25.35
As stated that year	₹38.17	₹39.30	₹46.12	₹52.90	₹74.88	₹24.47	₹23.81	₹23.56	₹23.85	₹25.35
	₹7.63	₹7.86	₹9.22	₹10.58	₹14.98	₹24.47	₹23.81	₹23.56	₹23.85	₹25.35
As stated that year	₹38.17	₹39.30	₹46.12	₹52.90	₹74.88	₹24.47	₹23.81	₹23.56	₹23.85	₹25.35
	₹0.15	₹0.15	₹0.15	₹0.90	₹0.90	₹0.15	₹4.00	₹5.00	₹5.00	₹5.00
As declared that year	₹0.75	₹0.75	₹0.75	₹4.50	₹4.50	₹0.15	₹4.00	₹5.00	₹5.00	₹5.00
	–	–	₹49.34	₹54.22	₹68.30	₹92.61	₹108.45	₹127.51	₹146.34	₹166.69
On that year's share count	–	–	₹246.72	₹271.12	₹341.50	₹92.61	₹108.45	₹127.51	₹146.34	₹166.69
Dividend payout	1.9%	1.9%	1.6%	8.2%	6.0%	0.6%	16.8%	21.2%	21.0%	19.7%
Shareholder yield	–	–	–	–	0.4%	0.0%	1.3%	0.5%	0.6%	0.6%
Market cap at the year end (₹ crore)	4,974	4,674	4,180	2,327	7,338	21,419	19,760	28,454	30,985	28,352

Every year is restated for later splits and bonuses, so they do not break the line. The figure the company stated that year is under each line it differs from.

Ratios

Consolidated, years to March.K.P.R. Mill PE ratio and valuation

Ratio	Mar 2017	Mar 2018	Mar 2019Filed 7 May	Mar 2020Filed 27 Jun	Mar 2021Filed 29 Apr	Mar 2022Filed 28 Apr	Mar 2023Filed 5 May	Mar 2024Filed 3 May	Mar 2025Filed 10 Jun	Mar 2026Filed 12 May
Revenue growth	8.7%	7.4%	11.9%	−0.9%	5.3%	36.6%	28.3%	−2.0%	5.4%	4.1%
Operating profit growth	20.0%	2.1%	6.3%	1.7%	33.4%	46.9%	4.6%	−3.0%	0.8%	1.7%
Net profit growth	36.5%	1.2%	15.3%	12.5%	36.8%	63.4%	−3.3%	−1.1%	1.2%	6.3%
Earnings per share growth	–	3.0%	17.4%	14.7%	41.6%	63.4%	−2.7%	−1.1%	1.2%	6.3%
	–	–	18.7%	20.6%	24.4%	30.4%	23.6%	20.0%	17.4%	16.2%
	–	–	–	1.9 pts	3.8 pts	6.0 pts	−6.8 pts	−3.6 pts	−2.6 pts	−1.2 pts
From the net margin	–	–	–	2.5 pts	6.2 pts	4.8 pts	−7.5 pts	0.2 pts	−0.8 pts	0.4 pts
From asset turnover	–	–	–	0.1 pts	0.1 pts	1.0 pts	−0.1 pts	−2.5 pts	0.4 pts	−0.7 pts
From borrowing	–	–	–	−0.7 pts	−2.4 pts	0.1 pts	0.8 pts	−1.4 pts	−2.2 pts	−0.9 pts
Return on capital employed	–	–	18.4%	18.6%	23.1%	24.6%	21.8%	19.0%	19.0%	16.7%
Cash conversion	–	–	–	–	127.9%	58.7%	36.7%	84.2%	171.9%	127.9%
Interest cover	6.4	8.4	9.8	9.8	20.8	46.3	14.0	14.1	20.9	20.4
Debt to equity	–	–	0.46	0.40	0.26	0.37	0.36	0.27	0.09	0.10
Receivable days	–	–	57	48	33	36	37	40	33	35
Inventory days	–	–	181	131	170	175	185	193	175	167
Payable days	–	–	42	24	23	38	33	12	20	21
Cash conversion cycle, days	–	–	196	156	180	173	189	221	188	181
Working capital days	–	–	149	121	123	122	136	163	136	130
Asset turnover	–	–	1.14	1.14	1.15	1.19	1.18	1.06	1.08	1.04
Assets per rupee of net worth	–	–	1.66	1.61	1.46	1.47	1.52	1.42	1.26	1.20
Sales per rupee of plant	–	–	2.98	2.54	2.82	2.49	2.68	2.50	2.60	2.78
Capital spending to depreciation	–	–	–	–	1.94	6.32	2.18	1.71	0.81	1.46
Plant being built, % of plant in use	–	–	1.1%	0.5%	2.3%	5.9%	3.8%	4.8%	1.6%	2.6%

No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Return on assets, latest year: 13.5%
Cash from operations against operating profit: 87.5%

Measure	10 years	5 years	3 years
Revenue growth, yearly rate	9.9%	13.5%	2.4%
Profit growth, yearly rate	15.2%	11.0%	2.1%
Return on equity, average	–	21.5%	17.9%
Return on capital employed, average	–	20.2%	18.2%
Operating margin, average	20.4%	21.0%	19.7%
Net margin, average	12.5%	13.9%	13.0%
Asset turnover, average	–	1.11	1.06
Cash conversion cycle, days, average	–	191	197
Interest cover, average	17.1	23.1	18.4
Debt to equity, average	–	0.24	0.15

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore	5 years	3 years	Latest year
Cash from operations	3,981	3,188	1,108
Cash from investing	−2,860	−1,812	−1,068
Cash from financing	−1,125	−1,420	−91
Capital spending	2,078	807	315
Dividends paid	574	496	171
Shares bought back	180	0	0
Shares issued for cash	0	0	0
Borrowings raised	–	–	158
Borrowings repaid	1,129	424	28

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

Check	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Piotroski score, out of 9Published threshold 3 points out of 9	–	–	–	–	9	5	4	6	7	9
Altman Z-scorePublished threshold 1.81	–	–	4.96	4.30	8.01	10.70	9.33	14.45	22.74	18.26
Beneish M-scorePublished threshold −1.78	–	–	–	–	−1.90	−1.61	−1.90	−2.32	−3.05	−2.50
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets	–	–	–	–	13.13	31.71	11.86	7.36	−2.30	12.92
Cash from operations to profit, 3 yearsPublished threshold 0.7 times	–	–	–	–	–	–	0.67	0.60	0.98	1.28
Receivables growth less revenue growthOur threshold 0 percentage points	–	–	–	−15.08	−32.92	13.01	1.96	9.05	−17.84	5.06
Inventory growth less cost-of-goods growthOur threshold 0 percentage points	–	–	–	−26.89	28.82	4.30	7.57	4.24	−9.76	−5.17
Other current assets growth less revenue growthOur threshold 5 per cent of revenue	–	–	–	1.00	0.56	1.21	−0.86	2.31	−0.99	−0.32
Assets under construction, years of additionsOur threshold 2 years of additions	–	–	–	0.02	0.35	0.14	0.16	0.38	0.17	0.42
Effective tax ratePublished threshold 17.16 per cent	23.90	27.04	28.54	20.14	25.20	26.25	24.91	22.59	23.30	23.59
Tax charged less tax paid, % of profitOur threshold 10 percentage points	–	–	–	–	–	1.66	1.30	3.49	0.81	1.30

A threshold marked as ours has no published figure; it is the line we read the check against.

Credit ratings

An agency's view of the chance the company repays a borrowing on time, from AAA, the highest, down to D, in default.

Date	Agency	Borrowing rated	Rating	Outlook	Amount, ₹ Cr
12 Oct 2026	CARE Ratings Limited (opens in a new tab)	Fund-based - ST-EPC/PSCShort-term scale	CARE A1+Review, Re-affirm		300
12 Oct 2026	CARE Ratings Limited (opens in a new tab)	Fund-based - LT-Cash CreditLong-term scale	CARE AA+Review, Re-affirm	Stable	755
12 Oct 2026	CARE Ratings Limited (opens in a new tab)	Non-fund-based - ST-Bank GuaranteeShort-term scale	CARE A1+Review, Re-affirm		2.82
12 Oct 2026	CARE Ratings Limited (opens in a new tab)	Non-fund-based - ST-Letter of creditShort-term scale	CARE A1+Review, Re-affirm		170

The latest rating on each borrowing. The agency's name opens its reasoning for the rating.