Thursday 27 October 2022

KPR Mill update

Reasons for buying:

Market Cap: ₹18,405 Cr (Bluechip stock)

Debt to Equity: 0.2

Return on Equity 5Y Avg: 23.14%

EPS - 5Y Growth: 26.92%

Price-earnings to growth (5Y): 0.83

5Y RoE Consistency - Sustained without losing 20% in any year

Buy date: 1-Aug-2022

Qty: 16 Price: ₹588.35 Buy EPS: 26.21

Buy date: 28-Oct-2022

Qty: 18 Price: ₹529 Buy EPS: 26.21

Will continue to add when a stock falls 10% as long as the ratios remain the same. The stock would take a long time to pay, it lost 10% since I bought it in August.

KPR Mill is an apparel manufacturer, securing revenues predominantly from India. It is mainly engaged in the business of manufacturing textiles consisting of yarn, fabrics, readymade garments, and wind power. Its core products are readymade knitted apparel, fabrics, melange, carded, and combed yarn. Its secondary segment includes sugar and others. The company has its production facilities in the state of Tamil Nadu in India.

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