KCP Limited has scheduled its 85th Annual General Meeting for August 3, 2026, to be conducted through video conferencing. The meeting will address the adoption of audited financial statements for the financial year ended March 31, 2026, and the declaration of dividends. The Board of Directors has recommended a dividend of ₹0.50 per equity share, subject to shareholder approval.

The Register of Members will remain closed from July 28, 2026, to August 3, 2026, to determine shareholder eligibility for the dividend and the AGM. The record date for dividend payment has been fixed as July 27, 2026. If approved, the dividend will be paid on or after August 20, 2026.

Agenda for the Meeting

The AGM will transact ordinary and special business, including the re-appointment of a director and the appointment of statutory auditors. M/s. Brahmayya & Co., Chartered Accountants, Vijayawada, is proposed to be appointed as the statutory auditor for a term of five years. Additionally, the meeting will seek ratification for the remuneration of cost auditors for the financial year ending March 31, 2027.

Director Appointments

Shareholders will vote on the appointment of Sri. K.V.S.R. Subbaiah as a Non-Executive Director and Sri. Parthapratim Brahma as a Non-Executive Independent Director. The company also seeks approval to pay remuneration by way of commission to Independent and Non-Executive Directors, capped at 1% of net profits per year. For the year 2025-2026, the proposed commission is ₹5,00,000 each.

Cost Auditor Remuneration

The Board has approved the remuneration for cost auditors M/s. Narasimha Murthy & Co. and M/s. S. Mahadevan & Co. for the audit of cost records for FY 2026-27. The fees are subject to ratification by the shareholders.

Remote e-voting will commence on July 31, 2026, and conclude on August 2, 2026. The facility for appointing a proxy will not be available as the meeting is held via video conferencing.

The KCP Limited has presented its Annual Report for FY2025-2026, marking the company's 85th year of operations. The company, which operates across Cement, Heavy Engineering, Hospitality, and Overseas Sugar segments, delivered a strong standalone financial recovery during the year under review. Standalone revenue from operations grew to ₹1,554.69 crores from ₹1,393.42 crores in FY2024-2025, while the EBITDA margin expanded significantly to 13.55% from 5.37% in the previous year.

Standalone Financial Performance

The company's standalone results reflect a decisive turnaround, with Profit After Tax swinging to a positive ₹131.79 crores from a loss of ₹2.39 crores in FY2024-2025. Total Comprehensive Income stood at ₹131.92 crores compared to a loss of ₹6.02 crores in the prior year. Earnings Per Share (Basic and Diluted) improved to ₹10.22 from a negative ₹0.19.

The following table summarises key standalone financial metrics:

Consolidated Financial Performance

On a consolidated basis, the group recorded Gross Income of ₹2,648.92 crores compared to ₹2,590.12 crores in FY2024-2025. Consolidated EBITDA margin improved to 15.35% from 14.17%. Profit After Tax (after non-controlling interest) rose to ₹197.10 crores from ₹147.09 crores. Total Comprehensive Income after non-controlling interest stood at ₹252.70 crores versus ₹135.24 crores. Consolidated Earnings Per Share (Basic and Diluted) increased to ₹15.29 from ₹11.41.

Segment-Wise Performance

The Cement business remained the primary growth driver. Production volumes reached 3.1 million metric tonnes for FY2025-2026 compared to 2.9 million metric tonnes in the previous year, reflecting a growth rate of 7%. Cement segment revenue stood at ₹1,400.52 crores versus ₹1,233.38 crores in the prior year, while Profit Before Interest and Tax was ₹65.93 crores compared to a loss of ₹63.03 crores.

The Heavy Engineering Division reported revenue of ₹111.56 crores compared to ₹118.79 crores in the previous year. EBIT for the segment stood at a negative ₹4.66 crores versus a positive ₹2.44 crores in FY2024-2025. The order book as on 31st March 2026 stood at approximately ₹118 crores.

The Hospitality segment — Mercure Hyderabad KCP — reported revenue of ₹41.31 crores compared to ₹39.81 crores in the previous year, with Profit Before Interest and Tax at ₹9.17 crores versus ₹9.77 crores.

Subsidiary and Joint Venture Performance

KCP Vietnam Industries Limited, the company's material overseas subsidiary engaged in sugar manufacturing, reported revenue of ₹1,080.22 crores for FY2025-2026 compared to ₹1,178.29 crores in FY2024-2025. Profit Before Tax stood at ₹235.93 crores versus ₹318.47 crores in the previous year. Cane crushed increased by 8.54% to 1,432,922 MTS, while average sales realisation decreased by 12.99% to ₹62,572 per MT due to lower international sugar prices. Power sold to the National Grid increased to 104,061 MWH from 94,435 MWH.

Fives Cail KCP Limited, the joint venture, reported revenue of ₹61.11 crores compared to ₹161.22 crores in the previous year. The company recorded a profit before tax of ₹0.17 crores during the year ended 31st March 2026. New orders booked during the year amounted to ₹101.3 crores (including exports of ₹77.6 crores), with an order backlog of ₹81.6 crores as at 31st March 2026.

Capital Expenditure and Strategic Projects

Two major infrastructure projects progressed during the year. The 16 MW Waste Heat Recovery (WHR) Plant at the Muktyala Cement facility completed trial runs by the end of FY2025-2026 and is expected to commence full-scale commercial operations in the first quarter of FY2026-2027. The Railway Siding Project at Muktyala, estimated at a total cost of approximately ₹140 crores, is in an advanced stage of completion and is expected to be completed in the first half of FY2026-2027.

Dividend and Credit Rating

The Board of Directors has recommended a dividend of Re. 0.50 per equity share of face value ₹1.00 each (50%) for the year ended 31st March 2026, subject to shareholder approval at the 85th Annual General Meeting. CRISIL has assigned a credit rating of A+/STABLE for long-term and A1 for short-term financial instruments of the company. The company's paid-up equity share capital continues to stand at ₹12.89 crores as on 31st March 2026.

CSR and Governance

The company spent ₹0.75 crores on CSR activities during FY2025-2026 across healthcare, education, skill development, women empowerment, rural infrastructure, and environmental protection initiatives. The Board comprised eight directors as on 31st March 2026, with 50% Independent Directors. The statutory auditor's report and secretarial audit report for the year ended 31st March 2026 contain no qualifications, reservations, or adverse remarks.