KPR Mill Ltd is one of India’s largest vertically integrated textile and apparel manufacturers, producing yarn, knitted fabric, ready-made garments, and also operating wind power plants. Headquartered in Tamil Nadu, the company exports to over 50 countries and serves global brands like H&M, Zara, and Marks & Spencer. With strong operational efficiency, a near-debt-free status, and consistent export demand, KPR Mill has delivered steady growth over the years. However, its current rich valuation (P/E 57x, P/B 8.2x) warrants a cautious approach. This article provides a realistic outlook and share price targets for each year from 2026 to 2030, based on fundamentals and sector dynamics.
Exports: Over 90% of revenue; key markets include Europe, the USA, and the UK
Additional Segments: Wind power (36 MW capacity) and sugar (via subsidiary)
Ownership: Promoter holding at 67.52%—controlled by the Palaniswamy family
Clarifications:
Is it dividend-paying? Yes—0.51% yield with ~20% payout ratio.
Why did the share fall? Due to valuation concerns (P/E >57x) and modest sales growth (4%), despite healthy profits.
Future outlook: Tied to global apparel demand, supply chain diversification (“China+1”), and operational scale.
KPR Mill: Key Financial Snapshot
Metric
Value
Market Capitalization
₹33,396.94 Cr
Current Share Price
₹976
52-Week High / Low
₹1,395 / ₹756
P/E (TTM)
57.25
P/B (TTM)
8.22
Book Value (TTM)
₹118.92
EPS (TTM)
₹17.07
ROE
18.06%
ROCE
22.05%
Dividend Yield
0.51%
Debt
₹241.43 Cr
Cash Reserves
₹279.91 Cr
Sales Growth (YoY)
4.00%
Profit Growth (YoY)
17.68%
Shareholding Pattern
Category
Holding (%)
Promoters
67.52%
Domestic Institutions (DII)
19.19%
Public (Retail)
6.80%
Foreign Institutions (FII)
6.49%
Others
0%
Note: Strong promoter control ensures strategic continuity.
KPR Mill Share Price Target Forecast (2026–2030)
Given high valuation, modest top-line growth, but strong ROCE and export franchise, upside is limited unless execution improves. Targets assume:
EPS CAGR of 15–17% (supported by 17.7% recent profit growth)
P/E compression from 57x to 40–45x by 2028
Sustained ROCE >20% and low leverage
Year
Target Price Range (₹)
2026
₹1,020 – ₹1,120
2027
₹1,080 – ₹1,200
2028
₹1,140 – ₹1,280
2029
₹1,200 – ₹1,360
2030
₹1,260 – ₹1,440
Year-wise Breakdown
KPR Mill Share Price Target 2026
Year
Target 1
Target 2
2026
₹1,020
₹1,120
Rationale: Near-term headwinds from slow sales growth cap upside. However, a debt-free balance sheet and a global client base provide support.
KPR Mill Share Price Target 2027
Year
Target 1
Target 2
2027
₹1,080
₹1,200
Rationale: Expected benefit from new garment capacity ramp-up and long-term export contracts.
KPR Mill Share Price Target 2028
Year
Target 1
Target 2
2028
₹1,140
₹1,280
Rationale: By 2028, operating leverage could boost margins. ROCE sustainability (~22%) supports premium vs peers.
KPR Mill Share Price Target 2029
Year
Target 1
Target 2
2029
₹1,200
₹1,360
Rationale: Long-term play on India’s textile export boom and supply chain diversification.
KPR Mill Share Price Target 2030
Year
Target 1
Target 2
2030
₹1,260
₹1,440
Rationale: The upper end assumes sustained 18%+ ROE, market share gains, and peer-average P/B (6–7x).
Strengths vs Risks
✅ Strengths
Vertically integrated model reduces input cost risk
Strong global client base with long-term contracts
Near debt-free (net cash position)
Consistent dividend payer (0.51% yield)
⚠️ Risks
High P/E (57x) and P/B (8.2x)—among highest in textiles
Modest sales growth (4%) despite a strong order book
Concentration risk in EU/UK markets
Low public float (6.8%) can cause volatility
Investment Suitability
Factor
Assessment
Risk Profile
Moderate (export-dependent)
Time Horizon
Long-term (5+ years)
Volatility
Moderate
Dividend/Income
Low but consistent
Ideal Investor
Quality-focused investor bullish on India’s textile export story
FAQs
A realistic range is ₹1,020 – ₹1,120, assuming no major disruption in global apparel demand.
By 2030, it could reach ₹1,260 – ₹1,440 if export momentum and margins hold.
No—those levels are unrealistic. The stock trades above ₹970, so ₹40/₹50 likely confuses face value (₹1) with market price.
The Palaniswamy promoter family holds 67.52% of shares and controls the company.
Yes—it has a consistent dividend history with a current yield of 0.51% and ~20% payout ratio.
Due to valuation concerns (P/E 57x), slow sales growth (4%), and profit-taking after past rallies, not business deterioration.
Only for patient, quality-focused investors who believe in India’s textile export potential and can tolerate modest near-term growth.
Final Verdict
KPR Mill is a high-quality, export-oriented textile player with strong operational discipline and global relevance. However, its current valuation leaves little margin for error. Our 2026–2030 price targets (₹1,020–₹1,440) reflect steady, not explosive, appreciation. Investors should consider accumulating only on significant corrections with a 5-year horizon.
📌 Disclaimer: Price targets are estimates based on current fundamentals and sector trends. They are not investment advice. Please consult a SEBI-registered advisor.
Hi, I’m Raj Mittal, a stock market content writer focused on company analysis, share price trends, and fundamental research. I create simple, research-based insights to help investors make smarter market decisions.
