CHECK THE FUNDAMENTAL BEFORE INVESTING IN SUCH STOCKS
Cons
Tax rate seems low
Company has a low return on equity of 12.2% over last 3 years.
Dividend payout has been low at 8.59% of profits over last 3 years
Working capital days have increased from 57.8 days to 81.5 days
INVEST WISELY, BIG STOPLOSS SIZE YOUR POSITION TO YOUR RR
Expecting a bullish movement.
K C P Ltd
₹ 182 5.49%
05 Jan - close price
kcp.co.in
BSE: 590066
NSE : KCP
About
KCP Ltd is engaged in the business of manufacture and sale of cement, sugar, heavy engineering, power generation for captive use and hospitality.[1]
Key Points
Cement Business (71% of revenues) [1]
The company owns and operates 2 cement plants in Macherla & Muktyala in Andhra Pradesh. The plants possess a combined capacity of 4.3 million TPA of premium grade cement in India.
Product portfolio includes Ordinary Portland cement, Pozzolana Portland Cement, Rapid hardening portland cement, and others. [2]
The company completed expansion of its flagship plant in Muktyala in 2019. It expanded its capacity from 1.8 MnTPA to 3.5 MnTPA. [3]
The company is also planning to set up a 0.5 MnTPA cement plant in Arakkonam, Tamil Nadu.[2]
Market Cap ₹ 2,337 Cr.
Current Price ₹ 182
High / Low ₹ 184 / 91.6
Stock P/E 27.6
Book Value ₹ 99.4
Dividend Yield 0.06 %
ROCE 6.22 %
ROE 3.45 %
Face Value ₹ 1.00
Promoter holding 43.9 %
Change in Prom Hold -0.14 %
Sales growth 20.2 %
Profit growth -6.17 %
Dividend yield 0.06 %
Current ratio 2.03
Profit after tax ₹ 84.8 Cr.
Price to book value 1.83
Sales ₹ 2,593 Cr.
Sales Qtr ₹ 700 Cr.
Qtr Sales Var 30.1 %
Qtr Profit Var 776 %
EVEBITDA 8.12
Return over 3months 35.6 %
Price to Earning 27.6
ROCE 6.22 %
Debt ₹ 541 Cr.
Return on equity 3.45 %