Kriti Industries (India) Ltd
Incorporated in 1983, Kriti Industries Ltd manufactures premium quality piping products and solutions, accessories, gas pipe, telecom ducts, submersible pipes and casing pipes[1]
- Market Cap ₹ 513 Cr.
- Current Price ₹ 97.4
- High / Low ₹ 189 / 90.4
- Stock P/E
- Book Value ₹ 41.4
- Dividend Yield 0.00 %
- ROCE 6.02 %
- ROE -2.42 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.21% over past five years.
- Company has a low return on equity of -1.58% over last 3 years.
- Earnings include an other income of Rs.3.46 Cr.
- Company's cost of borrowing seems high
* 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
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 370 | 380 | 480 | 387 | 446 | 588 | 534 | 589 | 545 | 732 | 867 | 722 | 657 | |
| 345 | 360 | 442 | 357 | 416 | 558 | 489 | 522 | 505 | 740 | 807 | 694 | 647 | |
| Operating Profit | 25 | 20 | 38 | 30 | 30 | 29 | 45 | 67 | 39 | -8 | 59 | 28 | 10 |
| OPM % | 7% | 5% | 8% | 8% | 7% | 5% | 8% | 11% | 7% | -1% | 7% | 4% | 2% |
| 1 | 1 | 2 | 1 | 3 | 2 | 1 | 1 | 8 | 3 | 3 | 4 | 3 | |
| Interest | 14 | 13 | 17 | 13 | 13 | 15 | 17 | 11 | 14 | 17 | 20 | 23 | 20 |
| Depreciation | 5 | 5 | 4 | 5 | 6 | 6 | 7 | 7 | 8 | 9 | 12 | 14 | 16 |
| Profit before tax | 7 | 4 | 18 | 12 | 14 | 10 | 21 | 49 | 25 | -30 | 30 | -6 | -23 |
| Tax % | 40% | 41% | 41% | 35% | 34% | 40% | 11% | 26% | 20% | -24% | 28% | -30% | |
| 4 | 2 | 11 | 8 | 9 | 6 | 18 | 36 | 20 | -23 | 22 | -4 | -17 | |
| EPS in Rs | 0.88 | 0.42 | 2.17 | 1.64 | 1.85 | 1.21 | 3.73 | 7.27 | 4.02 | -4.64 | 4.42 | -0.84 | -3.38 |
| Dividend Payout % | 17% | 0% | 8% | 9% | 8% | 12% | 4% | 3% | 5% | 0% | 5% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 6% |
| 3 Years: | 10% |
| TTM: | -19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -178% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 23% |
| 3 Years: | 7% |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 7% |
| 3 Years: | -2% |
| Last Year: | -2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 43 | 45 | 55 | 62 | 71 | 76 | 94 | 129 | 149 | 125 | 147 | 197 | 213 |
| 38 | 49 | 60 | 72 | 63 | 76 | 77 | 81 | 99 | 120 | 128 | 100 | 101 | |
| 134 | 91 | 103 | 105 | 118 | 154 | 177 | 150 | 156 | 161 | 174 | 170 | 103 | |
| Total Liabilities | 220 | 190 | 223 | 243 | 258 | 311 | 353 | 365 | 409 | 411 | 454 | 472 | 421 |
| 52 | 56 | 60 | 79 | 83 | 99 | 106 | 100 | 106 | 124 | 155 | 165 | 177 | |
| CWIP | 1 | 3 | 4 | 0 | 0 | 1 | 1 | 8 | 14 | 17 | 13 | 21 | 17 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 4 | 4 | 4 |
| 167 | 130 | 159 | 165 | 174 | 212 | 246 | 256 | 290 | 268 | 281 | 283 | 224 | |
| Total Assets | 220 | 190 | 223 | 243 | 258 | 311 | 353 | 365 | 409 | 411 | 454 | 472 | 421 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 28 | 14 | 13 | 26 | 31 | 18 | 32 | 30 | 4 | 27 | 58 | 34 | |
| -8 | -10 | -9 | -18 | -12 | -25 | -16 | -14 | -7 | -31 | -46 | -37 | |
| -20 | -4 | -4 | -9 | -18 | 6 | -16 | -16 | 3 | 4 | -12 | 3 | |
| Net Cash Flow | 0 | -0 | 0 | -0 | 1 | -2 | 0 | -0 | 0 | -0 | 0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 61 | 31 | 43 | 43 | 40 | 42 | 50 | 24 | 22 | 27 | 28 | 25 |
| Inventory Days | 96 | 81 | 65 | 103 | 99 | 87 | 120 | 132 | 172 | 90 | 82 | 104 |
| Days Payable | 142 | 88 | 76 | 96 | 101 | 95 | 131 | 92 | 106 | 73 | 71 | 85 |
| Cash Conversion Cycle | 16 | 25 | 33 | 49 | 38 | 34 | 39 | 64 | 88 | 44 | 40 | 44 |
| Working Capital Days | 2 | 4 | 11 | 4 | 4 | 8 | 10 | 27 | 36 | 4 | 10 | 12 |
| ROCE % | 24% | 18% | 32% | 20% | 19% | 17% | 24% | 31% | 14% | -6% | 19% | 6% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 2d
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
2d - CARE report: Rs149.96 crore preferential issue utilization; Rs7.51 crore unutilized, quarter ended Sep 30, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
11 Nov - Audio recording of Q2/H1 FY2025-26 conference call for quarter ended 30 Sep 2025 available online.
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Announcement under Regulation 30 (LODR)-Investor Presentation
10 Nov - Earning presentation as on Q2/H1 -FY 26 of our Company is attached herewith.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Nov - Newspaper clipping-Press release of Unaudited Standalone & Consolidated Financial Results for the Quarter and Half Year ended 30th September,2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Nov 2025Transcript PPT REC
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Dec 2021TranscriptNotesPPT
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Oct 2021TranscriptNotesPPT
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Aug 2021Transcript PPT
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Aug 2021TranscriptNotesPPT
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May 2021Transcript PPT
Business Overview:[1][2]
KIIL manufactures products across 33 extrusion lines for PVC pipes, 14 extrusion lines for HDPE and drip irrigation, and 27 injection moulding machines, to facilitate the smooth transmission of liquids (water primarily) from 1 point to another.