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Last Updated on: 04 March, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of KCP Ltd

About the Company - KCP Ltd

KCP Ltd. is a Public Limited Listed company incorporated on 03/07/1941 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L65991TN1941PLC001128 and registration number is 001128. Currently Company is involved in the business activities of Manufacture of non-metallic mineral products. Company’s Total Operating Revenue is Rs. 1584.36 Cr. and Equity Capital is Rs. 12.89 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
CementRamakrishna Buildings, 2, Dr P V Cherian Crescent, Chennai (Madras) Tamil Nadu 600008investor@kcp.co.in
http://www.kcp.co.in
Management
NamePosition Held
Dr. V L Indira DuttChairperson & Managing Director
Mrs. V Kavitha DuttJoint Managing Director
Mr. P S KumarIndependent Director
Mr. V H RamakrishnanIndependent Director
Mr. Vijay SankarIndependent Director
Mr. M NarasimhappaIndependent Director
Mrs. Janaki PillaiIndependent Director
Mr. V Chandrakumar PrasadNon Exe.Non Ind.Director
Dr. Subbarao VallabhaneniNon Exe.Non Ind.Director
Mr. Ravi Kumar ChitturiNon Exe.Non Ind.Director

KCP Ltd. Share Price Update

Share PriceValue
Today₹202.55
Previous Day₹185.00

Basic Stock Data of KCP Ltd

Market Cap 2,502 Cr.
Current Price 194
High / Low234/91.6
Stock P/E15.1
Book Value 99.4
Dividend Yield0.05 %
ROCE6.22 %
ROE3.45 %
Face Value 1.00

Data Source: screener.in

KCP Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales395441510542528510542566538551598744700
Expenses312361394417416450452501519549511677627
Operating Profit8380116125112609065192876774
OPM %21%18%23%23%21%12%17%11%4%0%15%9%11%
Other Income14238121455217136
Interest1312710987911991313
Depreciation23232222222221232123222223
Profit before tax474910910183327737-8-9644645
Tax %35%35%16%11%21%20%23%-14%151%-31%14%-8%-8%
Net Profit30329089652560434-11565050
EPS in Rs2.312.575.835.654.161.713.071.94-0.40-0.782.482.352.53

KCP Ltd Quarterly Chart

KCP Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,0161,1361,0611,1881,2961,2311,4761,6611,4241,6932,1082,2542,820
Expenses8241,0259331,0201,0331,0101,2191,4291,2321,3281,7332,0792,492
Operating Profit192111127168263220256232192364375174328
OPM %19%10%12%14%20%18%17%14%13%22%18%8%12%
Other Income447621134928427383863
Interest42404651525145416047353943
Depreciation41444748486371769692879090
Profit before tax15410354811671161431243925229284258
Tax %17%17%8%16%30%17%22%12%-47%25%18%-7%
Net Profit128855067117981131105818524091252
EPS in Rs8.235.062.683.917.245.946.946.382.1012.6414.593.2412.80
Dividend Payout %48%75%56%19%14%34%14%16%7%16%7%3%

KCP Ltd Profit & Loss Yearly Chart

KCP Ltd Growth

Compounded Sales Growth
10 Years:7%
5 Years:9%
3 Years:17%
TTM:20%
Compounded Profit Growth
10 Years:-5%
5 Years:-15%
3 Years:15%
TTM:-6%
Stock Price CAGR
10 Years:21%
5 Years:17%
3 Years:34%
1 Year:79%
Return on Equity
10 Years:11%
5 Years:10%
3 Years:12%
Last Year:3%

KCP Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital13131313131313131313131313
Reserves4694764845196026637237988259831,1641,2121,269
Preference Capital20158000000000
Borrowings353327467451479516556596549468437558541
Other Liabilities340445388414501454515551586645768835808
Total Liabilities1,1751,2611,3531,3971,5951,6461,8071,9571,9732,1092,3822,6182,630
Fixed Assets5915685706449738719081,1861,1801,0961,058998967
CWIP2510317512101092564215238109
Investments555551415151511111013
Other Assets5555856036276176516297147639791,3041,5991,641
Total Assets1,1751,2611,3531,3971,5951,6461,8071,9571,9732,1092,3822,6182,630

KCP Ltd Reserves and Borrowings Chart

KCP Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 18323910194241127213152193130139-72
Cash from Investing Activity -85-100-108-46-248-67-252-139-2829-263
Cash from Financing Activity -132-8222-79-49-18-18-14-161-175-11168
Net Cash Flow-3458-7669-5641-57-14-171-1

KCP Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days492832204025181823252225
Inventory Days211159230154137218274218217203235295
Days Payable606071454565786097716760
Cash Conversion Cycle200127191130132178214177143156190260
Working Capital Days745098615161564624434981
ROCE %22%17%10%13%19%13%14%11%6%18%19%6%

KCP Ltd Financial Efficiency Indicators Chart

KCP Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters43.72%43.86%43.86%43.88%43.92%43.99%43.98%43.99%44.07%44.07%43.93%43.94%
FIIs0.31%0.56%1.42%1.74%2.02%2.02%2.15%2.22%2.14%2.01%1.85%1.90%
DIIs0.95%0.77%0.65%0.66%0.65%0.66%0.64%0.64%0.64%0.64%0.69%0.62%
Public55.02%54.80%54.07%53.72%53.41%53.33%53.21%53.14%53.12%53.26%53.52%53.53%
No. of Shareholders25,49727,42635,32635,20643,42943,61342,63942,02740,91640,06139,59441,153

KCP Ltd Shareholding Pattern Chart

No. of KCP Ltd Shareholders

This stock is not held by any mutual fund

KCP Ltd ROCE Trend

KCP Ltd EPS Trend

KCP Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)3.2414.5912.642.106.38
Diluted EPS (Rs.)3.2414.5912.642.106.38
Cash EPS (Rs.)13.9425.3021.7611.9514.26
Book Value[Excl.RevalReserv]/Share (Rs.)117.86109.5692.5179.9775.82
Book Value[Incl.RevalReserv]/Share (Rs.)117.86109.5692.5179.9775.82
Revenue From Operations / Share (Rs.)174.81163.53132.93110.42128.86
PBDIT / Share (Rs.)16.4532.0230.2715.1218.48
PBIT / Share (Rs.)9.4725.2723.167.6612.62
PBT / Share (Rs.)6.5222.6419.563.059.58
Net Profit / Share (Rs.)6.9618.5514.644.508.40
NP After MI And SOA / Share (Rs.)3.2414.5912.642.106.38
PBDIT Margin (%)9.4019.5822.7713.6814.34
PBIT Margin (%)5.4115.4517.426.939.79
PBT Margin (%)3.7313.8414.712.767.43
Net Profit Margin (%)3.9811.3411.014.076.51
NP After MI And SOA Margin (%)1.858.929.511.904.94
Return on Networth / Equity (%)3.4015.9816.373.2310.14
Return on Capital Employeed (%)6.6818.5518.356.1610.06
Return On Assets (%)1.597.897.711.374.20
Long Term Debt / Equity (X)0.100.150.240.490.59
Total Debt / Equity (X)0.450.360.460.650.73
Asset Turnover Ratio (%)0.870.870.770.570.72
Current Ratio (X)1.911.951.982.022.01
Quick Ratio (X)1.211.381.401.240.98
Inventory Turnover Ratio (X)1.121.342.450.820.97
Dividend Payout Ratio (NP) (%)30.8813.701.1847.5115.67
Dividend Payout Ratio (CP) (%)9.799.360.7510.468.16
Earning Retention Ratio (%)69.1286.3098.8252.4984.33
Cash Earning Retention Ratio (%)90.2190.6499.2589.5491.84
Interest Coverage Ratio (X)5.5812.208.423.286.10
Interest Coverage Ratio (Post Tax) (X)3.368.075.071.983.77
Enterprise Value (Cr.)1532.691593.221308.801026.931767.72
EV / Net Operating Revenue (X)0.680.750.760.721.06
EV / EBITDA (X)7.233.863.355.277.42
MarketCap / Net Operating Revenue (X)0.580.700.630.390.68
Retention Ratios (%)69.1186.2998.8152.4884.32
Price / BV (X)1.081.271.090.661.40
Price / Net Operating Revenue (X)0.580.700.630.390.68
EarningsYield0.030.120.150.040.07

KCP Ltd Profitability Ratios (%)

KCP Ltd Liquidity Ratios

KCP Ltd Liquidity Ratios (%)

KCP Ltd Interest Coverage Ratios (%)

KCP Ltd Valuation Ratios

Fair Value of KCP Ltd Stock

Fair Value: ₹51.81

The stock is overvalued by 73.29% compared to the current price ₹194

*Investments are subject to market risks

Strength and Weakness of KCP Ltd Stock

StrengthWeakness
  1. The company has higher reserves (783.62 cr) compared to borrowings (3.31 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (1.23 cr) and profit (143.62 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 15.64 and average Dividend Yield of 11.00%.
  2. The stock has a low average ROCE of 14.00%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 57.83, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 174.83, which may not be favorable.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in KCP Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE