Integrated Filing — IndAS



General information about company

Scrip Code 533192
NSE Symbol KCPSUGIND
MSEI Symbol NOTLISTED
ISIN INE790B01024
Name of company KCP SUGAR AND INDUSTRIES CORPORATION LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 28-May-2025   15:45:00
End date and time of board meeting 28-May-2025   16:15:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-05-28
Indicate Company website link for updated RPT policy of the Company www.kcpsugar.com/disclosures-under-regulation-46-of-the-lodr
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No default on loans and debt securities is not applicable to the Company.



Financial Results Ind-AS

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 393535000 2273539000
Other income -557517000 195802000
Total income -163982000 2469341000
2 Expenses
(a) Cost of materials consumed 835152000 1509034000
(b) Purchases of stock-in-trade 5514000 13660000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -702268000 336293000
(d) Employee benefit expense 151006000 225981000
(e) Finance costs 23170000 93195000
(f) Depreciation, depletion and amortisation expense 26180000 51401000
(f) Other Expenses
1 Other Expenses -190283000 234829000
Total other expenses -190283000 234829000
Total expenses 148471000 2464393000
3 Total profit before exceptional items and tax -312453000 4948000
4 Exceptional items 0 48055000
5 Total profit before tax -312453000 53003000
6 Tax expense
7 Current tax 3760000 3760000
8 Deferred tax -77697000 66389000
9 Total tax expenses -73937000 70149000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 -78000
11 Net Profit Loss for the period from continuing operations -238516000 -17224000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period -238516000 -17224000
17 Other comprehensive income net of taxes -6215000 -6215000
18 Total Comprehensive Income for the period -244731000 -23439000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 113385000 113385000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 3539317000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -2.1 -0.15
Diluted earnings (loss) per share from continuing operations -2.1 -0.15
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -2.1 -0.15
Diluted earnings (loss) per share from continuing and discontinued operations -2.1 -0.15
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 867444000
Capital work-in-progress 2511000
Investment property
Goodwill 0
Other intangible assets 996000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 1913161000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 8480000
Total non-current financial assets 1921641000
Deferred tax assets (net) 0
Other non-current assets 49398000
Total non-current assets 2841990000
2 Current assets
Inventories 1220359000
Current financial asset
Current investments 476699000
Trade receivables, current 103072000
Cash and cash equivalents 168671000
Bank balance other than cash and cash equivalents 220176000
Loans, current 0
Other current financial assets 4100000
Total current financial assets 972718000
Current tax assets (net) 2611000
Other current assets 66329000
Total current assets 2262017000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 5104007000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 113385000
Other equity 3539317000
Total equity attributable to owners of parent 3652702000
Non controlling interest
Total equity 3652702000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 438258000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 7764000
Total non-current financial liabilities 446022000
Provisions, non-current 20008000
Deferred tax liabilities (net) 177414000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 643444000
Current liabilities
Current financial liabilities
Borrowings, current 659976000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 281000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 44548000
Total Trade payable 44829000
Other current financial liabilities 83195000
Total current financial liabilities 788000000
Other current liabilities 14859000
Provisions, current 5002000
Current tax liabilities (Net) 0
Deferred government grants, Current
Total current liabilities 807861000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1451305000
Total equity and liabilites 5104007000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Sugar 454245000 1714055000
2 Chemicals 25142000 163096000
3 Power & Fuel 167933000 212295000
4 Engineering 63540000 139371000
5 Others 55056000 512877000
6 Unallocated 56000 106000
Total Segment Revenue 765972000 2741800000
Less: Inter segment revenue 372437000 372437000
Revenue from operations 393535000 2273539000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Sugar -58188000 -100994000
2 Chemicals 615000 -15844000
3 Power & Fuel -1824000 1770000
4 Engineering 47223000 74202000
5 Others -39577000 20691000
6 Unallocated 48055000 48055000
Total Profit before tax -3696000 27880000
i. Finance cost 23170000 23170000
ii. Other Unallocable Expenditure net off Unallocable income 285587000 285587000
Profit before tax -312453000 53003000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Sugar 1336203000 1336203000
2 Chemicals 231375000 231375000
3 Power & Fuel 144211000 144211000
4 Engineering 260584000 260584000
5 Others 215432000 215432000
6 Unallocated 2910292000 2910292000
Total Segment Asset 5098097000 5098097000
Un-allocable Assets 0 0
Net Segment Asset 5098097000 5098097000
4 Segment Liabilities
Segment Liabilities
1 Sugar 512046000 512046000
2 Chemicals 6174000 6174000
3 Power & Fuel 1190000 1190000
4 Engineering 24553000 24553000
5 Others 22441000 22441000
6 Unallocated 878991000 878991000
Total Segment Liabilities 1445395000 1445395000
Un-allocable Liabilities 0 0
Net Segment Liabilities 1445395000 1445395000
Disclosure of notes on segments



Other Comprehensive Income

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of defined benefit plan-actural gains/(Losses) -8059000 -8059000
Total Amount of items that will not be reclassified to profit and loss -8059000 -8059000
2 Income tax relating to items that will not be reclassified to profit or loss -1844000 -1844000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income -6215000 -6215000



Cash flow statement, indirect

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 53003000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 93195000
Adjustments for decrease (increase) in inventories 664891000
Adjustments for decrease (increase) in trade receivables, current 18760000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets -65515000
Adjustments for other financial assets, non-current -744000
Adjustments for other financial assets, current -59589000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -56896000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -103922000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 51401000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 1000
Adjustments for other financial liabilities, current -67925000
Adjustments for other financial liabilities, non-current -2046000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 39992000
Adjustments for interest income 40316000
Adjustments for share-based payments -2831000
Adjustments for fair value losses (gains) -43757000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -8059000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 336656000
Net cash flows from (used in) operations 389659000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) -6227000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 395886000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 26253000
Other cash payments to acquire equity or debt instruments of other entities 25170000
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 79892000
Purchase of property, plant and equipment 34268000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 39993000
Interest received 40316000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -28484000
Net cash flows from (used in) investing activities 98532000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 423488000
Payments of lease liabilities 0
Dividends paid 22677000
Interest paid 93195000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -539360000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -44942000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -44942000
Cash and cash equivalents cash flow statement at beginning of period 213613000
Cash and cash equivalents cash flow statement at end of period 168671000





Details of Impact of Audit Qualification

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s.B Purushottam & Co Yes 30-Apr-2028


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 K.C.P.Sugar And Industries Corporation Limited The Eimco-K.C.P. Ltd Wholly owned Subsidiary Any other transaction Rental Income 2340000 Approved 1440000 0 0
2 K.C.P.Sugar And Industries Corporation Limited The Eimco-K.C.P. Ltd Wholly owned Subsidiary Sale of goods or services 123842000 Approved 79709000 7457000 15984000
3 K.C.P.Sugar And Industries Corporation Limited The Eimco-K.C.P. Ltd Wholly owned Subsidiary Any other transaction Consultancy Fees 16000000 Approved 10000000 0 0
4 K.C.P.Sugar And Industries Corporation Limited AMETHYST CAFE PRIVATE LIMITED Entities in which Directors are interested Any other transaction Rental Income 2200000 Approved 1300000 0 0
5 K.C.P.Sugar And Industries Corporation Limited Quality Enginnering Works (Firm) Entities in which Directors are interested Purchase of goods or services 3004000 Approved 2468000 0 0
6 K.C.P.Sugar And Industries Corporation Limited Shri. Vinod R. Sethi Executive Chairman Remuneration 1253000 Approved 653000 0 0
7 K.C.P.Sugar And Industries Corporation Limited Smt. Irmgard Velagapudi Managing Director Remuneration 4800000 Approved 2400000 0 0
8 K.C.P.Sugar And Industries Corporation Limited Smt.Kiran Velagapudi Executive Director Remuneration 4071000 Approved 1785000 0 0
9 K.C.P.Sugar And Industries Corporation Limited Shri. Bakthavatsalam Independent Director Any other transaction Sitting Fees 327000 Approved 167000 0 0
10 K.C.P.Sugar And Industries Corporation Limited Shri. K.Kalyanaraman Independent Director Any other transaction Sitting Fees 248000 Approved 128000 0 0
11 K.C.P.Sugar And Industries Corporation Limited Smt. Malini L Narasimhan Independent Director Any other transaction Sitting Fees 223000 Approved 103000 0 0
12 K.C.P.Sugar And Industries Corporation Limited Shri. K.R.Adivarahan Independent Director Any other transaction Sitting Fees 242000 Approved 122000 0 0
13 K.C.P.Sugar And Industries Corporation Limited Shri. Panneer Selvan K Chief Financial Officer Any other transaction Salary 2782000 Approved 1382000 0 0
14 K.C.P.Sugar And Industries Corporation Limited Shri. Karthik Narayanan Company Secretary Any other transaction Salary 1271000 Approved 694000 0 0
15 K.C.P.Sugar And Industries Corporation Limited Smt. Irmgard Velagapudi Managing Director Interest paid 2471000 Approved 1242000 0 0
16 K.C.P.Sugar And Industries Corporation Limited DURGAMBA INVESTMENT PRIVATE LIMITED Entities in which Directors are interested Interest paid 3510000 Approved 1750000 0 0
17 K.C.P.Sugar And Industries Corporation Limited Quality Enginnering Works (Firm) Entities in which Directors are interested Interest paid 764000 Approved 388000 0 0
18 K.C.P.Sugar And Industries Corporation Limited The Eimco-K.C.P. Ltd Wholly owned Subsidiary Interest paid 7314000 Approved 3762000 0 0
19 The Eimco-K.C.P. Ltd Smt. Irmgard Velagapudi Director Remuneration 2800000 Approved 1600000 0 0
20 The Eimco-K.C.P. Ltd Smt.Kiran Velagapudi Director Remuneration 560000 Approved 560000 0 0
21 The Eimco-K.C.P. Ltd Quality Enginnering Works (Firm) Entities in which Directors are interested Purchase of goods or services 7476000 Approved 2671000 125000 0
22 The Eimco-K.C.P. Ltd Quality Enginnering Works (Firm) Entities in which Directors are interested Sale of fixed assets 27000 Approved 0 0 0
23 The Eimco-K.C.P. Ltd Quality Enginnering Works (Firm) Entities in which Directors are interested Any other transaction Rent paid 300000 Approved 150000 0 0
24 K.C.P.Sugar And Industries Corporation Limited Shri. K.R.Adivarahan Independent Director Interest paid 24000 Approved 24000 0 0
25 K.C.P.Sugar And Industries Corporation Limited Shri. Bakthavatsalam Independent Director Interest paid 4000 Approved 4000 0 0
26 K.C.P.Sugar And Industries Corporation Limited The Eimco-K.C.P. Ltd Wholly owned Subsidiary Purchase of goods or services 321000 Approved 151000 0 0
27 The Eimco-K.C.P. Ltd Shri. K.R.Adivarahan Entities in which Directors are interested Any other transaction Sitting Fees 60000 Approved 60000 0 30000
28 The Eimco-K.C.P. Ltd Shri. Vithal Rajan Entities in which Directors are interested Any other transaction Sitting Fees 60000 Approved 60000 0 30000
Total value of transaction during the reporting period 114773000