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K C P Ltd

BSE Code : 590066 | NSE Symbol : KCP | ISIN:INE805C01028| SECTOR : Cement |

NSE BSE
 
SMC up arrow

169.15

0.95 (0.56%) Volume 88818

18-May-2024 EOD

Prev. Close

168.20

Open Price

169.80

Bid Price (QTY)

169.15(4505)

Offer Price (QTY)

0.00(0)

 

Today’s High/Low 171.00 - 165.00

52 wk High/Low 234.00 - 99.30

Key Stats

MARKET CAP (RS CR) 2180.06
P/E 110.52
BOOK VALUE (RS) 51.8562675
DIV (%) 10
MARKET LOT 1
EPS (TTM) 1.53
PRICE/BOOK 3.26093658784833
DIV YIELD.(%) 0.06
FACE VALUE (RS) 1
DELIVERABLES (%) 63.46
4

News & Announcements

26-Apr-2024

K.C.P. to convene board meeting

26-Apr-2024

K C P Ltd - KCP Limited - Board Meeting

26-Apr-2024

K C P Ltd - KCP Limited - Updates

04-Apr-2024

K C P Ltd - KCP Limited - Disclosure under SEBI Takeover Regulations

26-Apr-2024

K.C.P. to convene board meeting

18-Jan-2024

K.C.P. announces board meeting date

20-Oct-2023

K.C.P. to conduct board meeting

09-Aug-2023

K.C.P. to conduct board meeting

Corporate Actions

Bonus
Splits
Dividends
Rights
Capital Structure
Book Closure
Board Meeting
AGM
EGM
 

Financials

Income Statement

Standalone
Consolidated
 

Peers Comparsion

Select Company Name BSE Code NSE Symbol
Andhra Cements Ltd 532141 ACL
Anjani Portland Cement Ltd 518091 APCL
Banjara Cements Ltd 518067
Bheema Cements Ltd 518017
Chettinad Cement Corporation Ltd 590001 CHETTINAD
Dalmia Bharat Ltd 542216 DALBHARAT
Dalmia Bharat Ltd(Merged) 533309
Deccan Cements Ltd 502137 DECCANCE
Dharani Cements Ltd (Merged) 5400
Hemadri Cements Ltd 502133
India Cements Ltd 530005 INDIACEM
Kakatiya Cement Sugar & Industries Ltd 500234 KAKATCEM
Kalinga Cement Ltd 531165
Keerthi Industries Ltd 518011
Lakshmi Cement & Ceramics Industries Ltd 518073
NCL Industries Ltd 502168 NCLIND
Orient Cement Ltd 535754 ORIENTCEM
P R Cements Ltd 518042
Panyam Cements & Mineral Industries Ltd 500322 PANYAMCEM
Raasi Cement Ltd 500349 RAASICEM
Raghoji Cement Manufacturing Co Ltd 518077
Sagar Cements Ltd 502090 SAGCEM
Shiva Cement Ltd 532323
Shri Keshav Cements & Infra Ltd 530977
Snhehadhara Industries Ltd 522169 SNEHAIND
Sri Chakra Cement Ltd 518053
Sri Simhadri Cements Ltd 518083
Sri Vishnu Cement Ltd 518018 SRIVISHCEM
Sudarshan Multi Projects Ltd(wound-up) 518026
The Ramco Cements Ltd 500260 RAMCOCEM
Travancore Cements Ltd 40057

Share Holding

Category No. of shares Percentage
Total Foreign 4518320 3.50
Total Institutions 1358060 1.05
Total Govt Holding 500 0.00
Total Non Promoter Corporate Holding 6028493 4.68
Total Promoters 56661474 43.95
Total Public & others 60354313 46.81
Total 128921160 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

About K C P Ltd

K.C.P. Limited was incorporated as a Public Limited Company in July, 1941. A multi-product company with two sugar mills, downstream distillery, a cement plant and an engineering division, KCP was initially a sick sugar unit (cap. : 600 tpd). It was taken over by the late Velagapudi Ramakrishna in 1941. The merger of Challapalli Sugars - a BIFR company - with it in 1988 and expansions have increased its sugar capacity tenfold to 6300 tpd over the last five decades. Presently, the Company is operating into manufacture and sale of cement, heavy engineering, power generation for captive use and hospitality. The cement factory, set up in 1958, was the first dry process plant in India. The engineering division was set up in 1955 as an in-house venture to manufacture sugar machinery required by the company. Manufacture of machinery required for cement, chemicals, steel castings, etc, were later added to this division. Both the cement and engineering divisions have been accredited with the ISO 9002 and ISO 9001 certification respectively in 1994. KCP hived off its sugar and industrial alcohol business, which was transferred to a new company, KCP Sugar Industries Corporation. The Company also undertook a joint venture with Vantech Industries for the manufacture of specialised insecticides. KCP promoted FCB-KCP, a joint venture with FCB, France, in a 40:40 equity participation. The new company is to manufacture and supply state-of-the-art machinery and technology to clients in the sugar industry both in India and abroad. The cement unit of the company continues to retain the ISO 9001 certification while the engineering unit was accredited to use the symbol 'S' and 'U' of the American Society of Mechanical Engineers (ASME) for the manufacture and assembly of power boilers and pressure vessels, respectively on 15 May'96. KCP has also received the Certificate of Merit for outstanding export performance during 1994-95 among Non-SSI exporters in industrial machinery panel for manufacture of sugar, paper, chemical, cement and pharmaceuticals. The company had set up 5 mini-hydel units aggreagting 8.25 MW capacity in the Guntur branch canal of the Nagarjuna Sagar Dam. Electricity generated in this unit is wheeled to the cement unit for use. During 2001-02 the company entered into an agreement with Andhra Pradesh Transmission Corporation Limited(APTRANSCO) for wheeling the generated energy at Hydel stations to the cement plant with a wheeling charge of 2% fixed for a period of 20 years. Natural Colour Extraction Plant was commissioned in Nov' 05. The Company commissioned a Wind Farm of 3.75 MW during Sep'06 in Uthumalai, in Tirunelveli Dist. During the year 2009-10, the New Cement Unit II of Muktyala Plant Project up to the stage of clinkerisation got commissioned on Mar 07, 2011. The 18 MW Thermal Power Plant at Muktyala was commissioned during the year 2014-15. The Company commissioned the Mercure Hotel Project at Hyderabad in 2015-16. The operation of Brown Field Cement Project at Muktyala was commissioned in 2018-19. The construction of remaining facilities such as packing plant, Cement Silo and Fly-Ash Silo got commissioned in Sep' 19 and Feb' 20 respectively. The operations of Cement Packing Terminal Project in Arakonam near Chennai was commissioned in FY 2022.

K C P Ltd Chairman Speech

Dear shareholders,

With a legacy of over 82 years, KCP group has emerged from being just a cement manufacturing Company into a diversified business conglomerate. With an unwavering commitment to quality, innovation and sustainability, and by focusing on best-in-class products, community initiatives, supplier management systems, and external partnerships, we have built a strong foundation for a lasting relationship with all our stakeholders and society at large.

India's growth continues to be resilient, underpinned by the Government's capital outlay and buoyant private consumption. India's GDP is estimated to have registered a growth of 6.8% in FY 2022-23 and is expected to continue to be the fastest growing large economy for the third consecutive year.

With the prioritised allocations for Infrastructure sector in Union Budget 2022-23 for the third year in a row, the volume in cement industry is expected to grow on the back of demand from infrastructure and housing.

In a challenging macroeconomic environment, marked by geopolitical uncertainties, high commodity inflation and tepid market growth, we delivered yet another year of good results. Our Sale volume (cement) witnessed an increase of 2% from 30.52 million tons in FY 2021-22 to 31.19 million tons in FY 2022-23 and Net revenue from operations grew by 5.53% from Rs.158443 Lakhs in FY 2021-22 to 167210 Lakhs in FY 2022-23. Recently we have experienced moderation in fuel prices, and although still unpredictable, we expect it will help us to recover margins. The Performance of Engineering Segment was marginally better as compared to last year. The unit still has to cross many hurdles on its way to profitability, some of which are competition from the unorganized sector and advancement in machining technology.

The Mercure Hyderabad KCP Hotel continued to show good prospects and growth and has positioned itself as a leading business hotel. The Subsidiary company M/s KCP Vietnam Industries Limited and Joint Venture M/s Fives Cail KCP Limited also registered reasonably good numbers in year 2022-23.

We are working towards ESG (Environmental, Social and Governance) goals proactively, through delivering low-carbon products, increasing the use of alternative raw materials, fuels, and increasing our share in green power. Our actions are driven by a heartfelt commitment to our employees, suppliers, customers, and communities in and around our areas of operation, This Annual Report has a Business Responsibility and Sustainability Report (BRSR) that covers our ESG vision, policy, agenda and progress against elements of each of the nine principles under the National Guidelines on Responsible Business Conduct. As a socially responsible business group, we remain committed to the communities we live and operate in. During the year, we supported a variety of social initiatives to create a positive impact in areas such as , healthcare, education, sustainability, skill development and women empowerment. To maintain the consistency in Dividend payment, the Board has recommended a dividend of Re.0.10 per equity share of Re.1/- each (10%) for the year 2022-23 subject to shareholder approval at the Annual General Meeting.

I would like to thank all stakeholders, particularly our dedicated employees, for their continued trust, support, and confidence in our leadership.

Dr. V.L. Indira Dutt

   

K C P Ltd Company History

K.C.P. Limited was incorporated as a Public Limited Company in July, 1941. A multi-product company with two sugar mills, downstream distillery, a cement plant and an engineering division, KCP was initially a sick sugar unit (cap. : 600 tpd). It was taken over by the late Velagapudi Ramakrishna in 1941. The merger of Challapalli Sugars - a BIFR company - with it in 1988 and expansions have increased its sugar capacity tenfold to 6300 tpd over the last five decades. Presently, the Company is operating into manufacture and sale of cement, heavy engineering, power generation for captive use and hospitality. The cement factory, set up in 1958, was the first dry process plant in India. The engineering division was set up in 1955 as an in-house venture to manufacture sugar machinery required by the company. Manufacture of machinery required for cement, chemicals, steel castings, etc, were later added to this division. Both the cement and engineering divisions have been accredited with the ISO 9002 and ISO 9001 certification respectively in 1994. KCP hived off its sugar and industrial alcohol business, which was transferred to a new company, KCP Sugar Industries Corporation. The Company also undertook a joint venture with Vantech Industries for the manufacture of specialised insecticides. KCP promoted FCB-KCP, a joint venture with FCB, France, in a 40:40 equity participation. The new company is to manufacture and supply state-of-the-art machinery and technology to clients in the sugar industry both in India and abroad. The cement unit of the company continues to retain the ISO 9001 certification while the engineering unit was accredited to use the symbol 'S' and 'U' of the American Society of Mechanical Engineers (ASME) for the manufacture and assembly of power boilers and pressure vessels, respectively on 15 May'96. KCP has also received the Certificate of Merit for outstanding export performance during 1994-95 among Non-SSI exporters in industrial machinery panel for manufacture of sugar, paper, chemical, cement and pharmaceuticals. The company had set up 5 mini-hydel units aggreagting 8.25 MW capacity in the Guntur branch canal of the Nagarjuna Sagar Dam. Electricity generated in this unit is wheeled to the cement unit for use. During 2001-02 the company entered into an agreement with Andhra Pradesh Transmission Corporation Limited(APTRANSCO) for wheeling the generated energy at Hydel stations to the cement plant with a wheeling charge of 2% fixed for a period of 20 years. Natural Colour Extraction Plant was commissioned in Nov' 05. The Company commissioned a Wind Farm of 3.75 MW during Sep'06 in Uthumalai, in Tirunelveli Dist. During the year 2009-10, the New Cement Unit II of Muktyala Plant Project up to the stage of clinkerisation got commissioned on Mar 07, 2011. The 18 MW Thermal Power Plant at Muktyala was commissioned during the year 2014-15. The Company commissioned the Mercure Hotel Project at Hyderabad in 2015-16. The operation of Brown Field Cement Project at Muktyala was commissioned in 2018-19. The construction of remaining facilities such as packing plant, Cement Silo and Fly-Ash Silo got commissioned in Sep' 19 and Feb' 20 respectively. The operations of Cement Packing Terminal Project in Arakonam near Chennai was commissioned in FY 2022.

K C P Ltd Directors Reports

K C P Ltd Company Background

V L Indira DuttV L Indira Dutt
Incorporation Year1941
Registered OfficeRamakrishna Buildings,2 Dr P V Cherian Crescent
Chennai,Tamil Nadu-600008
Telephone91-044-66772600,Managing Director
Fax91-044-66772620
Company SecretaryY Vijayakumar
AuditorK S Rao & Co
Face Value1
Market Lot1
ListingBSE,NSE,
RegistrarIntegrated Registry Mgt Ser.Pv
2nd Floor Kences Tow,1 Ramakrishna Street,Usman Road T.Nagar ,Chennai-600017

K C P Ltd Company Management

Director NameDirector DesignationYear
V L Indira DuttChairperson & M D2023
V H RamakrishnanIndependent Director2023
V Kavitha DuttJoint Managing Director2023
Y VijayakumarCompany Sec. & Compli. Officer2023
Vijay SankarIndependent Director2023
P S KumarIndependent Director2023
M NarasimhappaIndependent Director2023
Janaki PillaiIndependent Director2023
V. Chandrakumar PrasadNon-Exec & Non-Independent Dir2023
Subbarao VallabhaneniNon-Exec & Non-Independent Dir2023
Ravi ChitturiNon-Exec & Non-Independent Dir2023

K C P Ltd Listing Information

K C P Ltd Finished Product

Product NameUnit Installed
Capacity
Production
Quantity
Sales
Quantity
Sales
Value
SalesNA0001619.6031
Hospitality ServicesNA00028.4626
Engineering Job WorkNA00018.4098
Scrap SalesNA0002.8404
Interest IncomeNA0002.1321
Insurance Claims ReceivedNA0000.3979
Other Operating RevenueNA0000.232
Amortisation of Govt GrantNA0000.0199
Chilly Oleoresin & ColourKg0000
Heavy Engineering ProductsNA0000
Service ReceiptsNA0000
OthersNA0000
AdjustmentNA0000
Curcumin PowderKg0000
CementTon0000
ClinkerTon0000
Bio - ProductsNA0000
Electrical EnergyKwh0000
Hydel PowerKwh0000
Hydel PowerMW0000
PowerMW0000
Power-Wind EnergyKwh0000
Power-Wind EnergyMW0000
solar power.Kwh0000
Thermal PowerKwh0000
Wind PowerKwh0000
Annato DyeKg0000
Engineering Products-GeneralNA0000
Waste Heat Recovery UnitKwh0000
Waste Heat Recovery UnitMWH0000
Cement MachineryNA0000
Equip.& Component-Sugar MachNA0000

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