K.C.P. Sugar And Industries Corporation Ltd.
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ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Sugar: 63.7% • Urad Dal: 20.2% • Chemicals: 6.5%
AI Sector View
AI GENERATEDFast Moving Consumer Goods
Rural demand proxies are mixed. Tractor sales rose 18.0% YoY (2026-07) and 2-wheelers were up 23.0% YoY (2026-06), but rural employment slowed to 1.0% YoY (2026-07), fertiliser sales were 0.0% YoY (2026-05), and food inflation of 5.52% (Jul/26) can pressure household budgets. FPI outflows remain heavy at INR -8081 crore over 3 months to 2026-08-31, limiting upside.
PROS
- Latest quarter profit grew 158.5% YoY, showing strong momentum
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
- Company has a consistent dividend-paying track record
CONS
- Company is loss-making at the operating / net level
- A large part of profit comes from other income (369.4% of PBT)
- Company has a low return on capital employed of 11.0%
- Interest coverage is weak at 1.6x - earnings barely cover interest
- Company's sales have been declining over the last five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BALRAMCHIN | 699.20 | 39.87 | 14794.90 | 0.50 | 44.15 | -14.40 | 1636.79 | 6.13 | 9.29 | 7.36 |
| EIDPARRY | 756.00 | 28.94 | 13453.45 | 0.00 | 311.50 | -32.93 | 9017.52 | 3.37 | 23.60 | 8.33 |
| TRIVENI | 268.90 | 21.08 | 5925.56 | 1.02 | 3.65 | 73.81 | 1950.14 | -0.22 | 8.92 | 2.94 |
| RENUKA | 24.36 | 0.00 | 5185.00 | 0.00 | -251.50 | 4.59 | 2120.20 | 5.61 | -3.84 | -3.60 |
| BAJAJHIND | 21.37 | 44.14 | 5108.85 | 0.00 | -1847.00 | -961.49 | 11259.70 | 801.92 | 2.86 | -10.64 |
| BANARISUG | 3682.15 | 37.92 | 4617.31 | 0.34 | -10.92 | -171.57 | 172.45 | -58.81 | 9.33 | -3.00 |
| DALMIASUG | 432.85 | 14.80 | 3503.46 | 1.39 | 6.91 | — | 848.19 | -16.48 | 8.38 | 5.10 |
| AVADHSUGAR | 821.70 | 24.94 | 1644.91 | 1.22 | 2.34 | 127.81 | 7792.51 | 987.42 | 6.50 | 4.68 |
| GODAVARIB | 238.95 | 5434.89 | 1222.85 | 0.00 | -193.20 | -1106.22 | 5578.77 | 946.21 | 5.79 | 0.09 |
| DHAMPURSUG | 170.85 | 15.63 | 1098.68 | 1.17 | 60.90 | 6592.31 | 7861.70 | 961.42 | 6.63 | 3.98 |
| UTTAMSUGAR | 282.65 | 12.40 | 1077.97 | 0.88 | 1.30 | -91.05 | 606.37 | -3.56 | 11.62 | 4.32 |
| KCPSUGIND | 31.60 | 9.37 | 358.30 | 0.00 | 46.25 | 141.48 | 78.03 | 31.42 | 6.54 | 3.35 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 80 | 77 | 71 | 65 | 66 | 64 | 58 | 39 | 55 | 55 | 42 | 44 | 68 | |
| 76 | 68 | 78 | 59 | 60 | 65 | 97 | 10 | 56 | 52 | 47 | 56 | 70 | |
| Operating Profit | 4 | 9 | -7 | 6 | 5 | -0 | -39 | 29 | -1 | 3 | -5 | -13 | -2 |
| OPM % | 4.77% | 11.38% | -9.69% | 9.25% | 8.23% | -0.50% | -67.49% | 74.82% | -1.32% | 4.63% | -11.25% | -29.31% | -2.40% |
| 26 | 21 | 4 | 20 | 44 | 32 | 4 | -56 | 26 | 1 | 8 | -10 | 55 | |
| Interest | 4 | 3 | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 2 | 1 |
| Profit before Tax | 26 | 26 | -6 | 20 | 46 | 29 | -38 | -31 | 23 | 1 | 1 | -27 | 53 |
| Tax % | 3.71% | 7.18% | -21.11% | 29.70% | 5.11% | 28.05% | -10.41% | 23.65% | 22.85% | 67.42% | 11.49% | 22.06% | 14.26% |
| Net Profit | 25 | 24 | -7 | 14 | 43 | 21 | -42 | -24 | 18 | 0 | 1 | -21 | 46 |
| 2.17 | 2.16 | -0.64 | 1.27 | 3.82 | 1.84 | -3.70 | -2.10 | 1.55 | 0.03 | 0.07 | -1.88 | 4.02 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 372 | 407 | 325 | 318 | 355 | 299 | 271 | 222 | 293 | 227 | 209 | |
| 356 | 350 | 367 | 278 | 354 | 303 | 261 | 226 | 281 | 232 | 225 | |
| Operating Profit | 17 | 56 | -42 | 40 | 0 | -3 | 10 | -4 | 12 | -5 | -17 |
| OPM % | 4.53% | 13.89% | -12.84% | 12.49% | 0.10% | -1.15% | 3.52% | -1.77% | 3.98% | -2.03% | -7.96% |
| 9 | 34 | 58 | 13 | 11 | 45 | 12 | 82 | 71 | 24 | 55 | |
| Interest | 7 | 11 | 14 | 19 | 21 | 24 | 19 | 14 | 11 | 9 | 9 |
| Depreciation | 10 | 9 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 5 |
| Profit before Tax | 9 | 70 | -7 | 26 | -17 | 12 | -3 | 59 | 66 | 5 | 28 |
| Tax % | 0.25% | 21.46% | 213.85% | 60.10% | 35.50% | -65.72% | 33.02% | 16.14% | 15.31% | 132.50% | 8.16% |
| Net Profit | 9 | 55 | 8 | 10 | -11 | 19 | -2 | 50 | 56 | -2 | 25 |
| EPS | 0.77 | 4.84 | 0.74 | 0.93 | -0.97 | 1.73 | -0.15 | 4.37 | 4.96 | -0.15 | — |
| Dividend Payout % | 32.37% | 18.59% | 13.55% | 11.12% | -10.17% | 5.92% | -65.13% | 4.58% | 4.03% | -65.83% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- -5%
- 5 Years:
- -9%
- 3 Years:
- -6%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- 0%
- 5 Years:
- 8%
- 3 Years:
- -4%
- 1 Year:
- -2%
RETURN ON EQUITY
- 10 Years:
- 7%
- 5 Years:
- 8%
- 3 Years:
- 11%
- Last Year:
- 0%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| 208 | 248 | 244 | 253 | 241 | 259 | 256 | 304 | 359 | 354 | |
| 99 | 132 | 175 | 195 | 243 | 246 | 166 | 166 | 127 | 90 | |
| Trade Payables | 113 | 58 | 55 | 132 | 61 | 8 | 10 | 9 | 10 | 4 |
| 57 | 68 | 51 | 58 | 66 | 48 | 51 | 60 | 66 | 51 | |
| Total Liabilities | 489 | 517 | 536 | 649 | 622 | 573 | 494 | 550 | 573 | 510 |
| 98 | 100 | 94 | 92 | 85 | 85 | 85 | 89 | 89 | 87 | |
| Capital Work in Progress | 1 | 1 | 0 | 0 | 1 | 3 | 1 | 0 | 0 | 0 |
| 44 | 142 | 181 | 137 | 127 | 161 | 158 | 182 | 228 | 239 | |
| 267 | 219 | 208 | 369 | 336 | 247 | 194 | 210 | 189 | 122 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 10 | |
| Cash & Bank | 14 | 8 | 10 | 11 | 13 | 9 | 21 | 41 | 41 | 39 |
| 65 | 46 | 45 | 40 | 60 | 68 | 34 | 28 | 14 | 13 | |
| Total Assets | 489 | 517 | 536 | 649 | 622 | 573 | 494 | 550 | 573 | 510 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 10 | 58 | -53 | -51 | -4 | 11 | 114 | 2 | 44 | 40 | |
| Cash from Investing | 1 | -93 | 6 | 34 | 2 | -4 | 1 | 35 | -7 | 10 |
| Cash from Financing | -10 | 36 | 49 | 17 | 10 | -11 | -101 | -15 | -50 | -54 |
| 3 | -6 | 0 | -0 | 3 | -4 | 14 | 19 | -13 | -4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-03 - KCP Sugar and Industries Corporation Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 '.
2026-09-02 - KCP Sugar and Industries Corporation Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-31 - KCP Sugar and Industries Corporation Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 24, 2026
2026-08-31 - Submission of Financial results for the period ended 30th June 2026 in Machine Readable Form
2026-08-26 - KCP Sugar and Industries Corporation Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-21 - KCP Sugar and Industries Corporation Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011'.
2026-08-13 - KCP Sugar and Industries Corporation Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-12 - KCP Sugar and Industries Corporation Limited has informed the Exchange that Record date for the purpose of Dividend is 17-Sep-2026.
2026-08-12 - KCP Sugar and Industries Corporation Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
News
Recent coverage and analyst commentary for KCPSUGIND
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