KPR Group: Driving Investment and Capacity Expansion with focus on Innovation and Sustainable Growth

K.P.R. Mill Limited is renowned as one of the Top 5 Listed Textile Companies in India, with a diversified business focus spanning Yarn, Fabrics, Garments, Green Power, Sugar, and Ethanol. The company employs over 30,000 people, with 90% of them being women. With over three decades of experience, KPR Mill Limited has made a significant impact on the textile landscape by manufacturing an impressive range of textile varieties, including Readymade Knitted Apparel, Fabrics, Compact, Melange, Carded, Polyester, and Combed Yarn. The company has gained a reputation for its diligence, superior quality, and delivery excellence, catering to global customers.

The distinguished KPR Group operates 15 manufacturing units equipped with advanced technology. The company has a production capacity of 1,00,000 MT of Cotton yarn and 4,000 MT of Viscose vortex yarn per annum. Additionally, it produces 40,000 MT of fabrics per annum and manufactures 157 million readymade knitted apparel per annum, making it one of the largest Garment Producers in India. The company’s industry-acclaimed ETP embedded Fabric Processing capacity of 30,000 MT per annum is equipped with Advanced Cold Processing Technology, and its Sophisticated Printing Division has a capacity to print 15,000 MT per annum. With its extensive infrastructure, including windmills, solar power plants, co-gen power, sugar plants, and ethanol plants, KPR Group has a total renewable energy capacity of 168 MW, demonstrating its commitment to green energy. The company’s focus on organic cotton-based FASO products with unique features has also gained significant traction in the industry. KPR Group has initiated ambitious plans to expand its presence across India.

In FY 2023, KPR Group witnessed a consolidated revenue growth of 28% YoY. To further enhance the company’s performance, KPR has undertaken modernization and expansion plans. This includes the expansion of the Processing & Printing line with an investment of Rs. 50 Crores, which is expected to be completed in the first half of the current financial year. The company has also completed the establishment of a ‘Roof top’ Solar Power Plant with an investment of Rs. 50 Crores. Further modernization of the existing textile segment with an outlay of Rs. 100 Crores is planned for completion during the current financial year. KPR Group is setting up an exclusive Vortex Spinning mill with an outlay of Rs. 100 Crores, expected to be completed within the current financial year. Additionally, the company is expanding its Ethanol Capacity with an investment of Rs. 150 Crores, set to commence before the upcoming Sugar Season 2023-24. These initiatives aim to save power costs, meet additional demand through increased processing capacity, expand garment production capacity, and enhance the overall ethanol production capacity.

In terms of business outlook, the vortex segment is expected to maintain relatively stable margins due to the high demand for viscose yarn. KPR Group’s unique retail brand, FASO, which focuses on sustainability and ethical production, has gained significant importance among consumers. With successful launches in men’s wear, the company introduced women’s wear in October 2022, which has been well received in the market. The company plans to expand FASO’s footprint across India and has already launched the brand in several states of commercial importance, with plans to add more states in the current year.

Overall, KPR Group is dedicated to sustainable growth, innovation, and expanding its market presence. With its strong portfolio of products, commitment to green energy, and strategic expansion plans, the company is well-positioned for future success.