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 ₹ 250 Cr.
- Current Price ₹ 173
- High / Low ₹ 300 / 150
- Stock P/E 20.5
- Book Value ₹ 76.8
- Dividend Yield 0.00 %
- ROCE 20.1 %
- ROE 16.4 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.76%
- Company might be capitalizing the interest cost
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 72 | 105 | 149 | 178 | |
| 59 | 85 | 127 | 150 | |
| Operating Profit | 14 | 20 | 23 | 28 |
| OPM % | 19% | 19% | 15% | 16% |
| 0 | 1 | 2 | 2 | |
| Interest | 1 | 1 | 4 | 5 |
| Depreciation | 1 | 1 | 5 | 8 |
| Profit before tax | 12 | 18 | 16 | 17 |
| Tax % | 21% | 24% | 27% | |
| 9 | 13 | 12 | 12 | |
| EPS in Rs | 10.67 | 10.97 | 8.18 | 8.55 |
| Dividend Payout % | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 12 | 14 | 14 |
| Reserves | 27 | 88 | 95 |
| 20 | 33 | 83 | |
| 18 | 25 | 32 | |
| Total Liabilities | 78 | 160 | 224 |
| 5 | 29 | 50 | |
| CWIP | 20 | 6 | 20 |
| Investments | 0 | 0 | 3 |
| 52 | 125 | 150 | |
| Total Assets | 78 | 160 | 224 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 11 | 2 | -20 | |
| -5 | -19 | -42 | |
| -6 | 18 | 62 | |
| Net Cash Flow | -0 | 1 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 82 | 102 | |
| Inventory Days | 65 | 101 | |
| Days Payable | 65 | 30 | |
| Cash Conversion Cycle | 83 | 173 | |
| Working Capital Days | 54 | 98 | |
| ROCE % | 20% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Installed Capacity - Steel Straps MTPA ・Standalone data |
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| Active Packaging Contracts Number ・Standalone data |
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| Capacity Utilization - Steel Straps % ・Standalone data |
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| Order Book - Packaging Contracts INR Cr ・Standalone data |
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| Market Share - Domestic Steel Strapping % ・Standalone data |
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| Sales Volume - Steel Straps MT ・Standalone data |
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| Total Clients Number ・Standalone data |
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| Export Volume - Steel Straps MT ・Standalone data |
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Documents
Announcements
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Copy of Newspaper Publication
6 March 2026 - Notice dispatched for EGM on March 26, 2026; remote e-voting details published.
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Shareholders meeting
2 March 2026 - EGM 26-Mar-2026: Preferential issue — 17,17,000 warrants @Rs233 (₹40.00Cr) and 12,61,000 shares @Rs190 (₹23.96Cr)
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Outcome of Board Meeting
27 February 2026 - Board approved warrants (17.17L, Rs40.00Cr) and shares (12.61L, Rs23.96Cr); CEO/CFO and auditor changes.
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Resignation of Independent director
25 February 2026 - KRISHCA STRAPPING SOLUTIONS LIMITED has informed about Resignation of Independent director.
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Resignation
25 February 2026 - Mr. Nandhagopal Damodaran resigned as Independent Director and chair of key committees, effective February 24, 2026.
Annual reports
Concalls
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Dec 2025Transcript PPT REC
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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]