K.C.P. Sugar promoters hold 41.55% stake, no encumbrance in FY26

K.C.P. Sugar and Industries Corporation Limited has disclosed that its promoters and promoter group collectively hold 41.55% of the company's total equity capital, with no encumbrance reported on these shares during the financial year ended March 31, 2026. The disclosure was submitted to the stock exchanges pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration was made by Irmgard Velagapudi, Promoter and Managing Director, on behalf of the promoter and promoter group. The filing confirms that no shares held by the promoters were encumbered, directly or indirectly, throughout FY26. The total promoter holding stands at 4,71,05,366 equity shares.

Promoter Holding Details

The breakdown of the shareholding indicates that M/s. Durgamba Investment Private Limited is the largest shareholder within the promoter group, holding a significant majority of the promoter stakes. The following table details the individual holdings:

Name	No. of Equity Shares Held	% to Total Capital
Ms. Irmgard Velagapudi	18,05,280	1.59
Mr. Vinod R. Sethi	9,73,610	0.86
Ms. Kiran Velagapudi	2,88,820	0.25
M/s. Durgamba Investment Private Limited	4,37,42,656	38.59
M/s. Sethi Funds Management Private Limited	2,95,000	0.26
Total	4,71,05,366	41.55

The filing was submitted to BSE Limited and the National Stock Exchange of India Ltd. on April 7, 2026, by T. Karthik Narayanan, Company Secretary of K.C.P. Sugar and Industries Corporation Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.49%	-3.84%	-10.49%	-14.38%	-36.53%	-11.38%

K.C.P. Sugar and Industries Corporation Ltd. returned to profitability in FY26, reporting a consolidated net profit of ₹111.31 crore compared to a net loss of ₹17.22 crore in the previous year. The turnaround was driven by a one-time profit on the sale of assets held for sale amounting to ₹48.05 crore and improved operational performance across its segments. The Board of Directors approved the audited standalone and consolidated financial statements for the quarter and year ended March 31, 2026, on May 27, 2026, pursuant to Regulation 33 of the SEBI (LODR) Regulations, 2015.

The company reported a total consolidated income of ₹288.51 crore for the year, a decrease from ₹337.02 crore in FY25. Total expenses for the period stood at ₹272.78 crore, lower than ₹313.80 crore in the previous year. On a standalone basis, the company reported a net loss of ₹26.19 crore for FY26, wider than the loss of ₹1.72 crore in the previous year. Revenue from operations for the standalone entity was ₹195.84 crore, down from ₹227.35 crore in FY25.

Segment Performance

The Engineering segment was a key driver of profitability, reporting a segment profit of ₹246.33 crore in consolidated terms for the full year, up from ₹305.66 crore in the previous year. The Power & Fuel segment also contributed positively with a profit of ₹12.67 crore. However, the Sugar segment continued to face pressure, reporting a loss of ₹173.08 crore for the year. The Chemicals segment reported a loss of ₹28.57 crore.

Financial Position

The company's total consolidated assets stood at ₹659.76 crore as of March 31, 2026, compared to ₹618.65 crore in the previous year. Total equity and liabilities increased to ₹659.76 crore from ₹618.65 crore. The statutory auditor, M/s. B. Purushottam & Co., issued an unmodified opinion on the standalone and consolidated financial results. The audit report highlighted the determination of the net realizable value of sugar inventory and the classification of investments as key audit matters.

Metric	FY26 (₹ crore)	FY25 (₹ crore)
Consolidated Net Profit	111.31	(17.22)
Total Consolidated Income	288.51	337.02
Total Expenses	272.78	313.80
Standalone Net Loss	(26.19)	(1.72)
Standalone Revenue	195.84	227.35