Kriti Industries (India) Ltd

Kriti Industries Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Kriti Industries (India) Ltd

₹ 141 2.28%
26 Apr - close price
kritiindustries.com BSE: 526423 NSE : KRITI
About

Kriti manufactures premium quality piping
products and solutions, accessories, gas pipes, telecom ducts, submersible pipes and casing pipes which are used in applications of
potable water supply, irrigation, building
construction and infrastructure.[1]

Key Points

Market Share and Geographical Presence
Co. serves the markets of Madhya Pradesh, Rajasthan, Maharashtra, and Telangana. The market share of the Co in different states stands at:
Madhya Pradesh: 65%
Rajasthan: ~45%
Maharashtra: ~10% [1]

Website BSE NSE
  • Market Cap ₹ 700 Cr.
  • Current Price ₹ 141
  • High / Low ₹ 182 / 88.0
  • Stock P/E 20.7
  • Book Value ₹ 28.1
  • Dividend Yield 0.00 %
  • ROCE -5.90 %
  • ROE -17.9 %
  • Face Value ₹ 1.00
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Pros

  • Company's working capital requirements have reduced from 66.4 days to 49.4 days

Cons

  • Stock is trading at 5.02 times its book value
  • The company has delivered a poor sales growth of 11.4% over past five years.
  • Company has a low return on equity of 6.47% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Plastic products Industry: Plastics Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
220.92 125.77 153.99 112.69 118.89 159.17 183.54 104.44 256.15 188.35 279.55 149.66 242.80
192.37 111.52 140.42 100.37 109.11 155.93 189.63 132.04 245.87 172.69 262.06 139.31 224.95
Operating Profit 28.55 14.25 13.57 12.32 9.78 3.24 -6.09 -27.60 10.28 15.66 17.49 10.35 17.85
OPM % 12.92% 11.33% 8.81% 10.93% 8.23% 2.04% -3.32% -26.43% 4.01% 8.31% 6.26% 6.92% 7.35%
0.19 0.26 0.21 0.31 0.25 1.74 3.25 0.03 0.04 0.21 0.64 0.32 1.24
Interest 2.91 2.79 3.40 3.17 3.63 4.15 3.92 4.10 3.99 5.34 4.87 4.80 5.39
Depreciation 1.92 1.85 1.96 1.95 1.96 2.20 2.22 2.20 2.41 2.31 2.84 2.97 3.11
Profit before tax 23.91 9.87 8.42 7.51 4.44 -1.37 -8.98 -33.87 3.92 8.22 10.42 2.90 10.59
Tax % 25.18% 26.65% 23.52% 26.90% 8.56% -43.80% -3.01% -2.13% -14.80% -93.80% 26.10% 17.59% 25.87%
17.89 7.24 6.45 5.49 4.07 -1.97 -9.24 -34.59 4.51 15.92 7.71 2.39 7.85
EPS in Rs 3.61 1.46 1.30 1.11 0.82 -0.40 -1.86 -6.97 0.91 3.21 1.55 0.48 1.58
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
281 319 358 362 462 365 428 569 534 589 545 732 860
259 296 333 343 425 335 398 540 489 520 505 740 799
Operating Profit 22 24 25 19 38 29 29 29 45 69 39 -8 61
OPM % 8% 7% 7% 5% 8% 8% 7% 5% 8% 12% 7% -1% 7%
2 2 1 1 2 1 3 2 1 1 2 4 2
Interest 12 14 14 13 16 12 13 15 17 11 14 17 20
Depreciation 4 4 4 4 4 5 6 6 7 7 8 9 11
Profit before tax 8 8 8 4 19 13 14 10 22 51 19 -31 32
Tax % 32% 35% 35% 36% 40% 33% 35% 37% 11% 25% 26% 24%
6 5 5 3 12 9 9 7 19 38 14 -23 34
EPS in Rs 1.12 1.01 1.08 0.54 2.36 1.76 1.86 1.33 3.88 7.71 2.83 -4.72 6.82
Dividend Payout % 13% 15% 14% 0% 8% 9% 8% 11% 4% 3% 7% 0%
Compounded Sales Growth
10 Years: 9%
5 Years: 11%
3 Years: 11%
TTM: 22%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 181%
Stock Price CAGR
10 Years: 39%
5 Years: 42%
3 Years: 25%
1 Year: 37%
Return on Equity
10 Years: 10%
5 Years: 9%
3 Years: 6%
Last Year: -18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5 5 5 5 5 5 5 5 5 5 5 5 5
Reserves 36 40 45 47 58 65 75 80 99 136 149 124 135
40 41 36 46 57 69 61 74 77 81 107 128 124
92 117 130 86 99 98 114 148 171 134 156 161 164
Total Liabilities 173 203 215 183 218 237 255 308 352 356 416 419 428
41 44 46 51 55 74 79 95 102 100 106 124 136
CWIP 1 0 1 3 4 0 0 1 1 9 14 17 12
Investments 8 8 8 8 8 8 8 8 7 7 8 11 11
123 151 160 121 152 155 167 205 242 239 289 268 269
Total Assets 173 203 215 183 218 237 255 308 352 356 416 419 428

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
14 19 28 13 13 26 29 15 28 31 4 27
-10 -6 -8 -10 -9 -18 -11 -22 -14 -15 -15 -31
-4 -13 -20 -3 -3 -8 -16 6 -14 -16 11 4
Net Cash Flow -0 0 0 -0 0 -0 1 -1 0 -0 -0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 40 60 59 27 41 38 37 40 46 23 22 27
Inventory Days 121 107 96 81 65 104 100 87 118 132 172 90
Days Payable 115 146 143 87 75 95 101 94 128 86 106 73
Cash Conversion Cycle 45 21 12 21 31 48 36 32 37 70 88 44
Working Capital Days 32 31 23 26 36 44 36 35 44 62 88 49
ROCE % 27% 26% 26% 18% 32% 20% 19% 17% 24% 31% 14% -6%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
66.34% 66.34% 66.34% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35%
0.00% 0.00% 0.00% 0.03% 0.09% 0.01% 0.00% 0.06% 0.08% 0.01% 0.15% 0.01%
0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
33.66% 33.66% 33.66% 33.62% 33.56% 33.64% 33.65% 33.58% 33.57% 33.64% 33.49% 33.64%
No. of Shareholders 7,2449,29510,77912,00612,18312,36011,90310,73310,19111,17111,26513,665

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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