Buy KPR Mill, target price Rs 820: ICICI Direct

ICICI Direct has buy call on KPR Mill with a target price of Rs 820. The current market price of KPR Mill Ltd. is Rs 667.05.

Time period given by analyst is one year when KPR Mill Ltd. price can reach defined target.

KPR Mill Ltd., incorporated in the year 2003, is a Mid Cap company (having a market cap of Rs 23010.06 Crore) operating in Textiles sector.


KPR Mill Ltd. key Products/Revenue Segments include Yarn, Garments, Fabric, Waste (Cotton), Export Incentives, Sale of services, Other Operating Revenue, Accessories for the year ending 31-Mar-2021.


Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 1225.74 Crore, up 30.31 % from last quarter Total Income of Rs 940.61 Crore and up 28.82 % from last year same quarter Total Income of Rs 951.54 Crore. Company reported net profit after tax of Rs 242.22 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 74.72 per cent stake in the company as of 30-Sep-2021, while FIIs owned 3.09 per cent, DIIs 13.42 per cent.