Krishca Strapping Solutions Ltd
Incorporated in 2017, Krishca Strapping
Solutions Ltd is in the business of manufacturing steel straps, seals, and to provide total packaging solution[1]
- Market Cap ₹ 418 Cr.
- Current Price ₹ 295
- High / Low ₹ 430 / 196
- Stock P/E 35.6
- Book Value ₹ 72.3
- Dividend Yield 0.00 %
- ROCE 20.2 %
- ROE 16.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 48.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.6%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 81.7 to 102 days.
- Working capital days have increased from 114 days to 172 days
* 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 Iron & Steel Products
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 1 | 9 | 19 | 72 | 105 | 149 | |
| 2 | 9 | 16 | 58 | 85 | 127 | |
| Operating Profit | -1 | 1 | 3 | 14 | 20 | 23 |
| OPM % | -151% | 6% | 17% | 19% | 19% | 15% |
| 0 | 0 | 0 | 0 | 1 | 2 | |
| Interest | 0 | 1 | 1 | 1 | 1 | 4 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 5 |
| Profit before tax | -2 | -1 | 2 | 12 | 18 | 16 |
| Tax % | -0% | -0% | 12% | 21% | 24% | 27% |
| -2 | -1 | 2 | 9 | 13 | 12 | |
| EPS in Rs | -8.97 | -2.68 | 3.02 | 10.67 | 10.97 | 8.27 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 174% |
| 3 Years: | 100% |
| TTM: | 42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 49% |
| 3 Years: | 98% |
| TTM: | -11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 31% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 5 | 9 | 12 | 14 |
| Reserves | -2 | -4 | -3 | 2 | 27 | 88 |
| 8 | 13 | 9 | 12 | 20 | 33 | |
| 0 | 1 | 4 | 12 | 18 | 25 | |
| Total Liabilities | 9 | 13 | 15 | 35 | 78 | 160 |
| 6 | 6 | 4 | 4 | 5 | 29 | |
| CWIP | 0 | -0 | 1 | 5 | 20 | 6 |
| Investments | -0 | -0 | -0 | 0 | 0 | 1 |
| 4 | 7 | 10 | 26 | 52 | 125 | |
| Total Assets | 9 | 13 | 15 | 35 | 78 | 160 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -1 | -1 | 0 | 11 | 2 | -20 | |
| -3 | -3 | -1 | -5 | -19 | -42 | |
| 3 | 4 | 1 | -6 | 18 | 62 | |
| Net Cash Flow | -0 | 0 | 0 | -0 | 1 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 293 | 89 | 113 | 61 | 83 | 102 |
| Inventory Days | 796 | 111 | 43 | 78 | 65 | 101 |
| Days Payable | 20 | 33 | 30 | 59 | 65 | 30 |
| Cash Conversion Cycle | 1,068 | 167 | 126 | 80 | 83 | 173 |
| Working Capital Days | 1,274 | 226 | 88 | 64 | 106 | 172 |
| ROCE % | 1% | 20% | 74% | 46% | 20% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
10 June 2025 - Krishca reports 43% revenue growth, 20% EBITDA rise; new Cold Rolling Complex capex underway; strong Rs.120cr order book.
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Analysts/Institutional Investor Meet/Con. Call Updates
5 June 2025 - Audio recording link of H2 FY25 earnings call submitted for investor access.
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Analysts/Institutional Investor Meet/Con. Call Updates
4 June 2025 - Earnings call scheduled on June 5, 2025, to discuss FY25 audited financial results.
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Analysts/Institutional Investor Meet/Con. Call Updates
31 May 2025 - Earnings call scheduled for FY25 results on June 5, 2025, at 4 PM.
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Press Release
31 May 2025 - FY25 revenue ₹151 Cr; new ₹50.79 Cr FY26 orders; steel strip project starts June 2025, production Q4 FY26.
Concalls
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Jun 2025TranscriptPPTREC
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Nov 2024Transcript PPT
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Jun 2024TranscriptPPT
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Feb 2024TranscriptPPT
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Nov 2023TranscriptPPT
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Jun 2023TranscriptPPT
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Jun 2023Transcript PPT REC
Business Overview:[1]
KSSL is a Chennai-based manufacturer and wholesaler of High Tensile Steel Straps, Strapping Seals and Strapping Tools for packaging. It has India's first Lead-Free and eco-friendly production line for the heat treatment of steel strapping with a 10% market share in the Indian steel strapping market[2]