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 %