KCP

KCP Limited

Cement, heavy engineering, hotel and sugar business group

Commodities›Construction Materials›Cement & Cement Products›Cement & Cement Products

kcp.co.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹153.33
Market cap
1,975 Cr
Stock P/E
11.6
P/B
1.11
Dividend yield
7.7%
ROE (FY26)
8.7%
ROCE (FY26)
11.0%
Operating margin (FY26)
10.0%
Debt / equity (FY26)
0.37
OCF / EBITDA (FY26)
60.2%
OCF / EBITDA (3Y)
45.9%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

KCP (The KCP Limited) is a Chennai-based group that makes cement and heavy engineering equipment and also has a sugar business and a hotel.

Company snapshot

19thBy market cap

Ranked among 32 companies in Cement & Cement Products.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 47.5% of revenue

SegmentRevenue shareRevenuePBTAssets
Cement
47.5%
900 Cr-59 Cr—
Heavy Engineering
4.8%
91 Cr1 Cr—
Hotel
1.5%
29 Cr7 Cr—
Others / Unallocated
0.1%
1 Cr0.09 Cr—
Sugar
46.1%
873 Cr195 Cr—

What we see

Positives
  • ✓Dividend payout of 55% — the company returns a meaningful share of profits to shareholders.
Concerns
  • ✗Only 46% of operating profit came in as cash over the last three years — much of it is tied up in unpaid bills or stock.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales700 Cr777 Cr625 Cr691 Cr602 Cr601 Cr635 Cr677 Cr602 Cr614 Cr684 Cr779 Cr
Operating expenses (approx.)627 Cr678 Cr511 Cr624 Cr489 Cr552 Cr532 Cr565 Cr519 Cr583 Cr566 Cr715 Cr
EBITDA74 Cr99 Cr114 Cr67 Cr113 Cr49 Cr102 Cr111 Cr82 Cr32 Cr118 Cr64 Cr
OPM %10.5%12.7%18.3%9.7%18.8%8.1%16.1%16.4%13.7%5.1%17.2%8.2%
Other income6 Cr37 Cr13 Cr13 Cr15 Cr14 Cr20 Cr17 Cr11 Cr25 Cr20 Cr27 Cr
Interest13 Cr8 Cr7 Cr10 Cr9 Cr7 Cr6 Cr9 Cr10 Cr8 Cr6 Cr10 Cr
Depreciation23 Cr23 Cr22 Cr20 Cr23 Cr22 Cr21 Cr22 Cr23 Cr19 Cr21 Cr25 Cr
Profit before tax47 Cr104 Cr100 Cr48 Cr88 Cr19 Cr96 Cr96 Cr63 Cr20 Cr110 Cr55 Cr
Tax %-7.7%8.3%15.5%-5.2%-13.4%-69.9%25.6%7.1%22.2%14.2%-10.2%0.3%
Net profit50 Cr96 Cr85 Cr51 Cr100 Cr32 Cr71 Cr89 Cr49 Cr17 Cr121 Cr55 Cr
EPS (₹)₹2.53₹5.44₹4.31₹2.49₹4.76₹1.24₹2.92₹4.92₹2.56₹1.20₹6.60₹2.86

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,362 Cr1,520 Cr1,661 Cr1,424 Cr1,714 Cr2,108 Cr2,254 Cr2,847 Cr2,529 Cr2,576 CrSign in free for the trailing twelve months
Operating expenses (approx.)1,142 Cr1,265 Cr1,431 Cr1,227 Cr1,324 Cr1,734 Cr2,080 Cr2,492 Cr2,198 Cr2,234 CrSign in free for the trailing twelve months
EBITDA219 Cr255 Cr229 Cr196 Cr390 Cr374 Cr174 Cr354 Cr331 Cr343 CrSign in free for the trailing twelve months
OPM %16.1%16.8%13.8%13.8%22.8%17.8%7.7%12.4%13.1%13.3%Sign in free for the trailing twelve months
Other income9 Cr10 Cr9 Cr4 Cr6 Cr39 Cr38 Cr69 Cr61 Cr73 CrSign in free for the trailing twelve months
Interest50 Cr42 Cr39 Cr59 Cr46 Cr34 Cr38 Cr41 Cr32 Cr33 CrSign in free for the trailing twelve months
Depreciation63 Cr71 Cr76 Cr96 Cr92 Cr87 Cr90 Cr89 Cr85 Cr85 CrSign in free for the trailing twelve months
Profit before tax116 Cr144 Cr125 Cr39 Cr248 Cr292 Cr85 Cr297 Cr250 Cr288 CrSign in free for the trailing twelve months
Tax %16.7%21.6%12.2%-47.3%25.5%18.1%-6.6%5.6%-1.2%4.3%Sign in free for the trailing twelve months
Net profit98 Cr113 Cr110 Cr58 Cr185 Cr240 Cr91 Cr280 Cr253 Cr276 CrSign in free for the trailing twelve months
EPS (₹)₹5.94₹6.94₹6.38₹2.10₹12.64₹14.59₹3.24₹14.63₹11.41₹15.29Sign in free for the trailing twelve months
Dividend payout %————8.5%20.7%14.0%17.8%45.3%55.1%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital13 Cr13 Cr13 Cr13 Cr13 Cr13 Cr13 Cr13 Cr13 Cr13 Cr
Reserves663 Cr724 Cr798 Cr825 Cr983 Cr1,164 Cr1,211 Cr1,397 Cr1,520 Cr1,769 Cr
Borrowings396 Cr458 Cr471 Cr411 Cr351 Cr434 Cr558 Cr478 Cr540 Cr662 Cr
Other liabilities435 Cr470 Cr509 Cr531 Cr568 Cr535 Cr541 Cr571 Cr608 Cr659 Cr
Total liabilities1,646 Cr1,807 Cr1,957 Cr1,973 Cr2,112 Cr2,382 Cr2,618 Cr2,829 Cr3,099 Cr3,582 Cr
Fixed assets (net)870 Cr906 Cr1,183 Cr1,174 Cr1,090 Cr1,052 Cr993 Cr931 Cr901 Cr872 Cr
CWIP109 Cr256 Cr42 Cr15 Cr23 Cr8 Cr10 Cr14 Cr169 Cr401 Cr
Investments14 Cr15 Cr15 Cr15 Cr19 Cr11 Cr10 Cr15 Cr12 Cr24 Cr
Inventories275 Cr360 Cr349 Cr289 Cr278 Cr360 Cr553 Cr470 Cr511 Cr615 Cr
Trade receivables84 Cr73 Cr80 Cr89 Cr119 Cr114 Cr157 Cr175 Cr190 Cr156 Cr
Cash & bank74 Cr18 Cr16 Cr20 Cr3 Cr4 Cr3 Cr11 Cr4 Cr21 Cr
Other assets221 Cr181 Cr272 Cr371 Cr580 Cr832 Cr891 Cr1,213 Cr1,312 Cr1,492 Cr
Total assets1,646 Cr1,807 Cr1,957 Cr1,973 Cr2,112 Cr2,382 Cr2,618 Cr2,829 Cr3,099 Cr3,582 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity127 Cr215 Cr152 Cr196 Cr133 Cr138 Cr-72 Cr105 Cr160 Cr206 Cr
Cash from investing-67 Cr-252 Cr-139 Cr-61 Cr-5 Cr-26 Cr3 Cr71 Cr-83 Cr-126 Cr
Cash from financing-18 Cr-18 Cr-14 Cr-132 Cr-145 Cr-111 Cr68 Cr-169 Cr-84 Cr-63 Cr
Net cash flow41 Cr-56 Cr-1 Cr4 Cr-17 Cr0.74 Cr-0.74 Cr8 Cr-7 Cr17 Cr
Free cash flow (OCF − Capex)58 Cr-41 Cr12 Cr126 Cr116 Cr103 Cr-106 Cr72 Cr-42 Cr-67 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %13.7%13.9%11.3%6.9%19.1%17.7%5.9%15.0%11.3%11.0%
ROE %9.4%12.8%8.4%5.7%15.5%13.3%2.7%10.6%7.5%8.7%
Debtor days22181823252025222722
Inventory days196231237225221207249159181200
Days payable586665101905951373737
Cash conversion cycle160182190147156168224144171185
OCF / EBITDA %57.8%84.2%66.2%100.0%34.2%36.9%-41.6%29.7%48.3%60.2%
OCF / EBITDA % (3 years)——70.1%82.7%59.0%48.7%21.2%19.0%22.5%45.9%
Debt / equity0.590.620.580.490.350.370.460.340.350.37
Current ratio——1.471.471.981.951.912.312.502.80
Net debt / EBITDA1.47—1.991.990.891.153.191.321.621.87