KCP Limited returned to profitability for the year ended March 31, 2026, reporting a standalone net profit of ₹131.80 crore compared to a net loss of ₹2.39 crore in the previous year. Revenue from operations rose to ₹1,554.69 crore from ₹1,393.42 crore in FY25, while total income for the year stood at ₹1,660.58 crore, up from ₹1,475.07 crore. Profit before tax for the period was recorded at ₹144.21 crore, a significant improvement from the loss before tax of ₹5.27 crore in FY25. Earnings per share (EPS) for the year increased to ₹10.22 from a negative ₹0.19 in the previous year. The Board of Directors has recommended a dividend of 50%, amounting to Re.0.50 per equity share of Re.1 each, subject to shareholder approval at the ensuing Annual General Meeting.

The standalone and consolidated audited financial results for the quarter and year ended March 31, 2026 were approved by the Board at its meeting held on May 28, 2026, based on the recommendations of the Audit Committee. The Statutory Auditors, K.S. Rao & Co., Chartered Accountants, have issued an unmodified opinion on both the standalone and consolidated financial statements.

Standalone Annual Financial Performance

The company's annual operating performance was driven by its Cement and Heavy Engineering segments. The Cement segment reported revenue of ₹1,400.52 crore for the year, while the Heavy Engineering segment contributed ₹111.56 crore. The Hotel segment added ₹41.31 crore. Total expenses for the year were ₹1,518.24 crore, slightly higher than the ₹1,454.87 crore recorded in the previous year. Finance costs decreased to ₹20.40 crore from ₹22.35 crore in FY25. Other income for the year, which included ₹89.89 crore of dividend income from the overseas subsidiary, stood at ₹105.89 crore.

Q4 Standalone Performance

On a quarterly basis, KCP posted a strong standalone performance in Q4, with revenue from operations rising to ₹425.58 crore from ₹372.19 crore in the same period of the previous year. Net profit for Q4 stood at ₹69.82 crore compared to ₹34.58 crore year-on-year. Profit before tax for the quarter was ₹58.63 crore versus ₹59.00 crore in Q4 of the previous year.

Consolidated Financial Performance

On a consolidated basis, which includes subsidiary KCP Vietnam Industries Limited and joint venture Fives Cail KCP Limited, revenue from operations for the year grew to ₹2,576.16 crore from ₹2,528.94 crore in the previous year. Total consolidated income stood at ₹2,648.92 crore versus ₹2,590.12 crore. Consolidated profit before tax for the year was ₹288.26 crore compared to ₹249.95 crore. Consolidated net profit for the period was ₹275.85 crore against ₹252.84 crore in the prior year. Profit attributable to owners of the company stood at ₹197.11 crore versus ₹147.09 crore. Consolidated EPS for the year was ₹15.29 compared to ₹11.41 in the previous year.

The consolidated Sugar segment, operated through the Vietnam subsidiary, reported revenue of ₹1,021.47 crore for the year compared to ₹1,135.52 crore in the prior year. The subsidiary's total assets stood at ₹1,939.16 crore as at March 31, 2026, with total revenues of ₹1,080.22 crore and net profit after tax of ₹157.29 crore for the year.

Standalone Segment Performance

The following table presents the standalone segment-wise revenue and EBIT for the year:

Balance Sheet Highlights

Standalone total assets grew to ₹1,655.90 crore as at March 31, 2026, from ₹1,448.95 crore in the previous year. Consolidated total assets stood at ₹3,581.90 crore versus ₹3,098.56 crore. Capital work-in-progress on a standalone basis increased significantly to ₹365.71 crore from ₹157.02 crore, reflecting ongoing capital expenditure. Standalone cash and cash equivalents at the end of the year were ₹0.15 crore, while consolidated cash and bank balances stood at ₹20.84 crore.

Board Decisions and Appointments

At the Board meeting held on May 28, 2026, several key governance decisions were taken. Sri. Parthapratim Brahma (DIN: 0009784238), aged 66 years, was appointed as Additional Director in the category of Non-Executive Independent Director, subject to shareholder approval. He holds a B.E. (Mechanical) from Calcutta University and M.Tech from IIT Kharagpur, and brings over 42 years of experience in shipbuilding, boiler and pressure vessel industries. Sri. K.V. Subbaiah (DIN: 00010828022), aged 66 years, was appointed as Additional Director in the category of Non-Executive Director, subject to shareholder approval. He has over 42 years of experience across various units of KCP Limited and is currently serving as General Director of subsidiary KCP Vietnam Industries Limited. Both directors are not debarred from holding office and do not hold any shares in the company.

The Board also appointed M/s. Brahmayya & Co., Chartered Accountants (Firm Regn No. 000513S), Vijayawada, as Statutory Auditors for a period of five consecutive years, effective from the ensuing AGM scheduled on August 3, 2026, subject to shareholder approval. M/s. M. Bhaskara Rao & Co., Hyderabad and M/s. Sriramamurthy & Co., Visakhapatnam were appointed as Internal Auditors for the year 2026-2027. Additionally, Narasimha Murthy & Co., Cost Accountants, Hyderabad and S. Mahadevan & Co., Cost Accountants, Chennai were appointed as Cost Auditors for the year 2026-2027. The Board also recommended the payment of remuneration or commission to Non-Executive Directors and Independent Directors, subject to shareholder approval.

KCP Limited has notified the stock exchanges that its Board of Directors is scheduled to convene on Thursday, May 28, 2026. The communication, referenced as KCP: CS : SE : RB : 26-27 : 13526 and dated May 13, 2026, was issued under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Dividend Recommendation on the Agenda

In an update to its earlier letter dated May 4, 2026, which had intimated the date of the Board Meeting, KCP Limited has further disclosed that the Board may consider the recommendation of dividend, if any, for the financial year 2025-2026 at the said meeting. The use of "if any" indicates that the dividend recommendation remains subject to the Board's deliberation and has not been confirmed at this stage.

The key details of the Board Meeting are summarised below:

Regulatory Disclosure

The intimation was signed by Y. Vijayakumar, Company Secretary and Compliance Officer of KCP Limited, and was addressed to both the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited. The disclosure is in compliance with the applicable SEBI listing regulations governing timely communication of Board Meeting agendas to the exchanges and investors.