Kcp Limited (KCP) · mywealthgrid

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About

KCP Limited is a cement manufacturer in India's cement and cement products industry within the Materials sector. With a market cap of ₹2,013.68 Cr and quarterly revenues of ₹360–₹780 Cr, the company operates in a capital-intensive, cyclical business. Regular dividend payments indicate a mature, cash-generative operating model.

Face value: ₹1

Market cap

₹1,987 Cr

P/E

11.7×

P/B

1.1×

Dividend yield

0.6%

ROE

11.9%

ROCE

12.9%

Debt / equity

0.37

OPM

13.3%

EPS (TTM)

₹13.2

Book value

₹138.2

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Extreme operating margin volatility: OPM has ranged 4.28%–17.21% in recent quarters, with Jun 2026 at only 4.76%, creating earnings unpredictability.

Profit collapse in recent quarter: Jun 2026 net profit fell to ₹0.48 Cr from ₹121.11 Cr in Mar 2026 — verify: seasonal pattern, project execution, or demand weakening.

Stock price under pressure: down 23.15% in one year despite moderate PE of 11.81, signaling investor concerns — verify: forward outlook, competitive position, or cyclical headwinds.

Cyclical sector exposure: cement demand is sensitive to construction and infrastructure spending — verify: current project pipelines, government capex trends, real estate cycle status.

Generated analysis · source review pending

Growth drivers

Higher-margin periods are demonstrated: Mar 2026 achieved 17.21% OPM with ₹121.11 Cr net profit, showing operational capability when market conditions permit recovery.

Moderate debt-to-equity of 0.37 enables balance-sheet capacity for growth and investment initiatives — verify: management capex plans, acquisition pipeline, or asset expansion roadmap.

Large quarterly revenue base of ₹600–₹800 Cr consolidated indicates scale that can support better margins if volumes grow — verify: current capacity utilization, fixed cost base, demand cycle positioning.

Consistent dividend payouts in Aug and Jul 2026 indicate sustainable cash generation — verify: dividend coverage ratio and sustainability at current and forward margin levels.

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹154.2-1.3%1Y

Quick read

rule-based

Pros

No positive flags triggered.

Cons

−Modest revenue growth of 8.5% a year over the last 5 years
−Low dividend payout of 7.6% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

61/100

Business quality: 45
Growth: 46
Valuation: 91

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1,362	1,513	1,661	1,424	1,714	2,108	2,254	2,847	2,529	2,576
COGS	—	—	—	486	502	559	684	1,100	999	994
Gross profit	—	—	—	938	1,212	1,549	1,570	1,747	1,529	1,582
	1,142	1,259	1,431	741	826	1,174	1,395	1,388	1,198	1,240
	219	254	229	197	386	375	175	359	332	342
OPM %	16.1%	16.8%	13.8%	13.8%	22.6%	17.8%	7.8%	12.6%	13.1%	13.3%
Depreciation	63	71	76	96	92	87	90	89	85	85
Interest	50	42	39	59	46	34	38	41	32	33
	9	10	9	-2	0	39	38	69	36	64
Profit before tax	—	143	124	40	248	292	85	297	250	288
Tax	19	31	15	-19	63	53	-6	17	-3	12
Tax %	—	21.8%	12.4%	-47%	25.5%	18.1%	-6.6%	5.6%	-1.2%	4.3%
	76	112	108	58	185	240	91	280	253	276
PAT margin %	5.6%	7.4%	6.5%	4.1%	10.8%	11.4%	4%	9.9%	10%	10.7%
EPS (₹)	—	—	—	2.1	12.6	14.6	3.2	14.6	11.4	15.3
EPS adjusted (₹)	—	—	—	—	14.4	14.6	3.2	14.6	11.4	15.3
	—	—	—	7.1%	15.8%	6.9%	3.1%	6.8%	2.2%	3.3%
Annual report	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	13	13	13	13	13	13
Reserves	983	—	1,211	1,397	1,520	1,769
Minority interest	197	—	295	370	419	479
	351	—	558	478	540	662
	568	—	541	571	608	659
Total equity & liabilities	2,112	—	2,618	2,829	3,099	3,582
	1,096	1,058	998	936	905	877
CWIP	23	—	10	14	169	401
Investments	19	—	10	15	12	24
	975	—	1,599	1,863	2,012	2,280
Total assets	2,112	—	2,618	2,829	3,099	3,582

₹ Cr	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	127	215	193	133	138	-72	105	160	206
	-67	-252	-28	-5	-26	3	71	-83	-126
	-18	-18	-161	-145	-111	68	-169	-84	-63
Net cash flow	41	-56	4	-17	1	-1	8	-7	17
Free cash flow	58	-41	126	116	103	-106	72	-42	-67
CFO / Operating profit %	57.8%	84.5%	98.4%	34.2%	36.9%	-41.6%	29.7%	48.3%	60.2%

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Cement	1,400.52	65.93	1,270.88	519.25	751.63	8.77
Sugar	1,021.47	190.56

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	65.9%	70.7%	73.5%	69.7%	61.4%	60.5%	61.4%
EBITDA margin %	13.8%	13.8%	22.8%	17.8%	7.7%	12.5%	13.1%	13.3%
EBIT margin %	9.2%	7.1%	17.4%	13.6%	3.7%	9.3%	9.7%	10%
PAT margin %	6.5%	4.1%	10.8%	11.4%	4%	9.9%	10%	10.7%
Working capital
Receivable days	—	—	25	—	25	22	27	22
Inventory days	—	—	203	—	295	156	187	226
Payable days	—	—	83	—	60	37	39	42
NWC days	—	—	145	—	260	142	175	206
Leverage
Current ratio	—	—	1.98	—	1.91	2.31	2.5	2.8
Debt to EBITDA	—	—	0.9	—	3.21	1.35	1.63	1.93
Debt to equity	—	—	0.35	—	0.46	0.34	0.35	0.37
Interest coverage	4.2	1.8	6.6	9.6	3.2	8.2	9.6	9.9
Asset turnover	—	—	0.81	—	0.86	1.01	0.82	0.72
Return ratios
Return on assets %	—	—	8.8%	—	3.5%	9.9%	8.2%	7.7%
Return on capital employed %	—	—	18.7%	—	6.7%	17.2%	13.9%	12.9%
Return on equity %	—	—	18.6%	—	7.4%	19.9%	16.5%	15.5%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	43.94%	43.95%	43.95%	43.95%	43.95%	43.95%	44.25%	44.25%	44.25%	44.25%	44.25%	44.39%
	1.86%	1.9%	1.54%	1.69%	2.13%	3.1%	2.9%	3.31%	3.08%	2.75%	2.64%	2.31%
	0.7%	0.63%	1.05%	0.55%	0.78%	0.8%	0.75%	0.77%	0.77%	0.56%	0.56%	0.56%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	53.5%	53.52%	53.46%	53.81%	53.14%	52.15%	52.1%	51.67%	51.9%	52.44%	52.55%	52.74%
No. of shareholders	—	—	—	—	—	—	—	—	56,559	54,753	52,338	51,336

Promoter holding up 0.45 percentage points since Sep 2023.

12 deals · 4 Jan 2024 – 7 Jun 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
7 Jun 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	10,98,455	₹239.60	₹26.32 Cr
7 Jun 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	10,98,455	₹239.50	₹26.31 Cr
6 Jun 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	7,21,212	₹227.44	₹16.40 Cr
6 Jun 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	7,21,212	₹227.09	₹16.38 Cr
12 Feb 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	9,11,696	₹218.87	₹19.95 Cr
12 Feb 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	9,11,696	₹218.84	₹19.95 Cr
9 Feb 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	7,34,250	₹201.41	₹14.79 Cr
9 Feb 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	7,34,250	₹201.53	₹14.80 Cr
5 Jan 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	7,98,650	₹177.74	₹14.20 Cr
5 Jan 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	7,98,650	₹177.34	₹14.16 Cr

1–10 of 12

1 / 2

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mrs. V.L.INDIRA DUTTExecutive Director-Chairperson-MD
Mrs. V. KAVITHA DUTTExecutive Director
Mr. RAVI CHITTURIExecutive Director
G Narasimha MurthyChief Financial Officer
Mr. VASIREDDY CHANDRAKUMAR PRASADNon-Executive - Non Independent Director
Mrs. JANAKI PILLAINon-Executive - Independent Director
Mr. THIRUVENGADAM PARTHASARATHINon-Executive - Independent Director
Mr. HARISH LAKSHMANNon-Executive - Independent Director
Mr. C. PANDURANGA RAONon-Executive - Independent Director
Mr. K.V.SUBBAIAHNon-Executive - Non Independent Director
Mr. PRATHAPRATIM BRAHMANon-Executive - Independent Director

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Kcp Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

13 announcementsExport CSV

10 Jul 2026, 3:38 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	65.9%	70.7%	73.5%	69.7%	61.4%	60.5%	61.4%
EBITDA margin %	13.8%	13.8%	22.8%	17.8%	7.7%	12.5%	13.1%	13.3%
EBIT margin %	9.2%	7.1%	17.4%	13.6%	3.7%	9.3%	9.7%	10%
PAT margin %	6.5%	4.1%	10.8%	11.4%	4%	9.9%	10%	10.7%
Working capital
Receivable days	—	—	25	—	25	22	27	22
Inventory days	—	—	203	—	295	156	187	226
Payable days	—	—	83	—	60	37	39	42
NWC days	—	—	145	—	260	142	175	206
Leverage
Current ratio	—	—	1.98	—	1.91	2.31	2.5	2.8
Debt to EBITDA	—	—	0.9	—	3.21	1.35	1.63	1.93
Debt to equity	—	—	0.35	—	0.46	0.34	0.35	0.37
Interest coverage	4.2	1.8	6.6	9.6	3.2	8.2	9.6	9.9
Asset turnover	—	—	0.81	—	0.86	1.01	0.82	0.72
Return ratios
Return on assets %	—	—	8.8%	—	3.5%	9.9%	8.2%	7.7%
Return on capital employed %	—	—	18.7%	—	6.7%	17.2%	13.9%	12.9%
Return on equity %	—	—	18.6%	—	7.4%	19.9%	16.5%	15.5%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Ambuja Cements LimitedAMBUJACEMAMBUJACEM	₹90,012 Cr	₹90,065 Cr	₹39,867 Cr	₹6,167 Cr	16.1%	₹4,377 Cr	13.9%	5.3%	8.4%	37
Shree Cement LimitedSHREECEMSHREECEM	₹79,059 Cr	₹80,653 Cr	₹21,896 Cr	₹4,577 Cr	22.1%	₹1,630 Cr	8.4%	10.6%	7.8%	227
Jk Cement LimitedJKCEMENTJKCEMENT	₹38,279 Cr	₹44,353 Cr	₹14,401 Cr	₹2,334 Cr	17.3%	₹946 Cr	7.2%	14.3%	15.1%	71
Dalmia Bharat LimitedDALBHARATDALBHARAT	₹31,556 Cr	₹38,308 Cr	₹15,058 Cr	₹3,005 Cr	20.8%	₹409 Cr	7.8%	7.4%	6.4%	5
Acc LimitedACCACC	₹22,213 Cr	₹22,213 Cr	₹25,369 Cr	₹2,629 Cr	11.4%	₹1,909 Cr	8.2%	10.8%	10.9%	32
The Ramco Cements LimitedRAMCOCEMRAMCOCEM	₹19,633 Cr	₹23,485 Cr	₹9,228 Cr	₹1,345 Cr	15.9%	₹645 Cr	7.7%	6.1%	9%	-0
Jsw Cement LimitedJSWCEMENTJSWCEMENT	₹15,216 Cr	₹19,297 Cr	₹6,849 Cr	₹1,216 Cr	19%	₹760 Cr	-12.3%	10.1%	-11.5%	-140
Nuvoco Vistas Corporation LimitedNUVOCONUVOCO	₹11,505 Cr	₹16,046 Cr	₹11,594 Cr	₹1,907 Cr	16.4%	₹386 Cr	3.2%	7.1%	3.7%	-130
The India Cements LimitedINDIACEMINDIACEM	₹9,147 Cr	₹10,452 Cr	₹4,479 Cr	₹469 Cr	8.8%	₹92 Cr	-1.5%	1.5%	-0.7%	-28
Star Cement LimitedSTARCEMENTSTARCEMENT	₹7,211 Cr	₹7,797 Cr	₹3,807 Cr	₹902 Cr	24.8%	₹370 Cr	10.3%	17%	13%	177
Birla Corporation LimitedBIRLACORPNBIRLACORPN	₹6,383 Cr	₹9,658 Cr	₹9,848 Cr	₹1,450 Cr	15.1%	₹554 Cr	5.8%	8.8%	7.8%	63
Jk Lakshmi Cement LimitedJKLAKSHMIJKLAKSHMI	₹5,915 Cr	₹8,406 Cr	₹6,926 Cr	₹958 Cr	15%	₹370 Cr	6.1%	12.1%	11.2%	57

Date	Category	Subject	Filing
10 Jul 2026, 3:38 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
10 Jul 2026, 3:09 pm	AGM/EGM AGM	Intimation Regarding 85Th AGM.	PDF
8 Jul 2026, 2:14 pm	Company Update General	Intimation About The Commissioning Of Waste Heat Recovery System At Muktyala, AP.	PDF
2 Jul 2026, 2:11 pm	Company Update Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	PDF
2 Jul 2026, 11:43 am	Board Meeting	Board Meeting Intimation for Intimation About Board Meeting For The Quarter Ended 30Th June 2026	PDF

Kcp Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

38

1

1

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

Cement · revenue

Kcp Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Dividends38

Board meetings1

Stock splits1

Profit & loss

Balance sheet

Cash flow

Segment results

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Cement · revenue

38

1

1