NSE: KCP · BSE: 590066 · ISIN INE805C01028
KCP Limited stock analysis
KCP Limited ranks #3629 in the TickerSutra evidence-ranked universe with a score of 39/100 and 95% data confidence. The latest captured fundamentals show ROCE of 12.2%, quarterly sales growth of 15.2% and quarterly profit growth of -42.0%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹2,108cr | ₹375cr | ₹240cr | 18.0% |
| 2023 | ₹2,254cr | ₹174cr | ₹91cr | 8.0% |
| 2024 | ₹2,846cr | ₹355cr | ₹280cr | 12.0% |
| 2025 | ₹2,529cr | ₹333cr | ₹253cr | 13.0% |
| 2026 | ₹2,576cr | ₹344cr | ₹276cr | 13.0% |
| TTM | ₹2,679cr | ₹296cr | ₹242cr | 11.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
MANAGEMENT COMMENTARY
Signals from filed documents
The consolidation drive continued in FY 2025-26 with the top 2 players playing a major role . Beside this, the India’s cement sector is set for a sharp capacity expansion, with 160–170 MT of grinding capacity expected to be added between financial year 2025-26 (FY26) and FY28, marking a 75 per cent rise over the 95 MT added in the past three years, as quoted by one of the research papers of CRISIL Ratings on cement s
The Aggressive consolidation that was witnessed particularly in the south Indian market in the FY 2023 to 25 showed it effect, with national players being very aggressive in getting the volumes in the southern part of India. This impacted the price realization, more so in the southern markets of India. Outlook of Cement Industry Indian Cement Industry is expected to grow at a CAGR rate of around 6%-8% for the next 5
The Company recorded revenue of ₹61 crore compared with ₹161 crore in the previous year. While the operating environment remained challenging, we remain confident that long-term opportunities will emerge as market conditions improve. As part of our commitment to sustainable and efficient operations, significant progress was made on two strategic infrastructure projects.
The Company recorded revenue of ₹1,080 crore compared with ₹1,178 crore in the previous year and reported a Profit Before Tax of ₹236 crore against ₹318 crore in FY 2024-2025. Lower international sugar prices and higher raw material costs impacted profitability; however, the business continues to maintain strong operational fundamentals and remains well positioned for long-term growth. 7 Our joint venture, Fives Cail
The market in India for sugar and incinerator is in the downward trend. We foresee little encouraging scenario in sugar and the boiler in international markets especially for Africa. However, decisions are getting delayed due to geo-political reasons.
Responsible business practices are critical to generating Long-term value. As the world shifts to a low carbon economy, the probable regulatory and transition market risks which could take centre stage include changing consumer preferences, increased product cost, and future government Policy and regulation. Programmes to mitigate risk emanating from climate change can lead to incremental costs in the short to medium
There were no materially significant related party transactions with Promoters, Directors, Key 21 Managerial Personnel or other designated persons, which may have a potential conflict with the interest of the Company at large. The policy on Related Party Transactions as approved by the Board may be accessed on the Company’s website at http://www.kcp.co.in/downloads/investor/ corporate-governance/related-party-transac
The Auditor’s Certificate on Corporate Governance forms part of this Annual Report. No funds were raised through Preferential Allotment or Qualified Institutional Placement as per the Regulation 32(7A) of Listing Regulations. During the financial year ended 31st March, 2026, there were no loans or advances provided by the Company or its subsidiaries to firms/companies in which Directors are interested.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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