K.P.R. Mill Limited, one of India’s largest and most integrated textile companies, has closed FY2024-25 on a stable financial footing despite a challenging global trade environment and domestic consumption headwinds. With robust manufacturing infrastructure, strong vertical integration, and a diversified product portfolio across textiles, sugar, ethanol, and renewable energy, the company continues to fortify its leadership in the Indian textile space. KPR’s consistent focus on sustainability, employee welfare, and technological excellence underpins its steady performance and long-term expansion strategy.
Manufacturing Capabilities: Integrated Strength from Fibre to Fashion
KPR Mill is distinguished by its vertically integrated model spanning the entire textile value chain — from cotton spinning to fabric processing and garmenting. 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. Backed by over 31,000 employees, with nearly 90% women, KPR’s skilled workforce is a cornerstone of its manufacturing excellence.
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. This green power capability not only reduces energy costs but also strengthens its ESG profile.
FY25 Business Performance: Resilient and Efficient Operations
In FY2024-25, KPR Mill reported a consolidated revenue of ₹6,462 crore, up from ₹6,127 crore in FY24. EBITDA stood at ₹1,320 crore, with a margin of 20.4%, and Profit After Tax (PAT) reached ₹815 crore, marginally up from ₹805 crore in FY24. The company maintained its strong return profile with ROCE at 26.5% and continued its zero-debt journey with net debt turning negative at ₹115 crore, supported by cash equivalents of ₹580 crore.
The Q4 FY25 results reaffirmed operational stability, with 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.
Segmental Overview: Mixed Trends Across Businesses
Textiles (Yarn, Fabric, and Garments):
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. Yarn production for FY25 stood at 76,732 MT, compared to 73,481 MT in FY24, reflecting improved capacity utilization and export recovery.
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. This reflects a healthy 3.7% growth year-on-year, driven by gradual recovery in export demand, improved product mix, and better realization per unit. Garment volumes stood at 173.63 million pieces in FY25, rising from 151.95 million pieces in FY24, indicating a clear revival in global order flow, particularly in the second half of the year.
Exports:
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.
Focus on Sustainability and Employee Welfare
A hallmark of KPR’s philosophy is its investment in sustainability and inclusive employment. The company uses Shankar-6 cotton for consistent quality, operates eco-friendly cold processing units, and has a sophisticated ETP (Effluent Treatment Plant). Nearly 90% of its employees are women, and the company offers education and placement support for their upliftment.
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.
Future Growth and Expansion Outlook
Looking ahead, KPR Mill is optimistic about growth in FY2025-26 and beyond, particularly supported by:
- 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.
- Sustained demand recovery from key export markets and potential new customer acquisitions.
The company is actively investing in capacity enhancements, particularly in garment manufacturing, to align with increasing demand and its growing order book. It has also indicated interest in exploring further backward integration and capacity scaling in the ethanol segment, considering its synergy with sugar and green energy verticals.
Internally, KPR remains focused on digitization, lean manufacturing, and automation to boost productivity and optimize resource use. With its cash-rich balance sheet, zero-debt status, and a strong corporate governance framework, the company is well-positioned to undertake both organic and inorganic expansion.
Staying Strong, Scaling Ahead
KPR Mill Limited’s FY25 performance exemplifies the power of vertical integration, operational resilience, and strategic foresight. With a solid manufacturing backbone, healthy financials, and a forward-looking leadership, the company is gearing up for a new phase of growth. As global textile supply chains shift towards value-added and compliant sourcing hubs, KPR is poised to emerge as a key partner of choice for global brands looking for sustainable, scalable, and quality-driven manufacturing from India.