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 ₹ 362 Cr.
- Current Price ₹ 68.7
- High / Low ₹ 179 / 51.0
- Stock P/E
- Book Value ₹ 41.1
- Dividend Yield 0.00 %
- ROCE 5.87 %
- ROE -2.57 %
- 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 -1.84% over last 3 years.
- 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 358 | 362 | 462 | 365 | 428 | 569 | 534 | 589 | 545 | 732 | 867 | 722 | 583 | |
| 333 | 343 | 425 | 335 | 398 | 540 | 489 | 520 | 505 | 740 | 807 | 694 | 566 | |
| Operating Profit | 25 | 19 | 38 | 29 | 29 | 29 | 45 | 69 | 39 | -8 | 59 | 28 | 17 |
| OPM % | 7% | 5% | 8% | 8% | 7% | 5% | 8% | 12% | 7% | -1% | 7% | 4% | 3% |
| 1 | 1 | 2 | 1 | 3 | 2 | 1 | 1 | 2 | 4 | 3 | 4 | 2 | |
| Interest | 14 | 13 | 16 | 12 | 13 | 15 | 17 | 11 | 14 | 17 | 21 | 24 | 18 |
| Depreciation | 4 | 4 | 4 | 5 | 6 | 6 | 7 | 7 | 8 | 9 | 12 | 14 | 16 |
| Profit before tax | 8 | 4 | 19 | 13 | 14 | 10 | 22 | 51 | 19 | -31 | 30 | -6 | -15 |
| Tax % | 35% | 36% | 40% | 33% | 35% | 37% | 11% | 25% | 26% | -24% | 28% | -29% | |
| 5 | 3 | 12 | 9 | 9 | 7 | 19 | 38 | 14 | -23 | 21 | -4 | -7 | |
| EPS in Rs | 1.08 | 0.54 | 2.36 | 1.76 | 1.86 | 1.33 | 3.88 | 7.71 | 2.83 | -4.72 | 4.32 | -0.88 | -1.27 |
| Dividend Payout % | 14% | 0% | 8% | 9% | 8% | 11% | 4% | 3% | 7% | 0% | 5% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 6% |
| 3 Years: | 10% |
| TTM: | -25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -324% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | -3% |
| 3 Years: | -17% |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 6% |
| 3 Years: | -2% |
| Last Year: | -3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 45 | 47 | 58 | 65 | 75 | 80 | 99 | 136 | 149 | 124 | 145 | 195 | 211 |
| 36 | 46 | 57 | 69 | 61 | 74 | 77 | 81 | 107 | 128 | 137 | 109 | 110 | |
| 130 | 86 | 99 | 98 | 114 | 148 | 171 | 134 | 156 | 161 | 173 | 170 | 103 | |
| Total Liabilities | 215 | 183 | 218 | 237 | 255 | 308 | 352 | 356 | 416 | 419 | 461 | 479 | 429 |
| 46 | 51 | 55 | 74 | 79 | 95 | 102 | 100 | 106 | 124 | 155 | 165 | 177 | |
| CWIP | 1 | 3 | 4 | 0 | 0 | 1 | 1 | 9 | 14 | 17 | 13 | 21 | 17 |
| Investments | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 7 | 8 | 11 | 12 | 12 | 12 |
| 160 | 121 | 152 | 155 | 167 | 205 | 242 | 239 | 289 | 268 | 280 | 282 | 223 | |
| Total Assets | 215 | 183 | 218 | 237 | 255 | 308 | 352 | 356 | 416 | 419 | 461 | 479 | 429 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 13 | 13 | 26 | 29 | 15 | 28 | 31 | 4 | 27 | 58 | 34 | |
| -8 | -10 | -9 | -18 | -11 | -22 | -14 | -15 | -15 | -31 | -46 | -37 | |
| -20 | -3 | -3 | -8 | -16 | 6 | -14 | -16 | 11 | 4 | -12 | 3 | |
| Net Cash Flow | 0 | -0 | 0 | -0 | 1 | -1 | 0 | -0 | -0 | 0 | -0 | 0 |
| Free Cash Flow | 21 | 2 | 4 | 5 | 18 | -6 | 13 | 17 | -14 | -1 | 17 | 2 |
| CFO/OP | 118% | 71% | 41% | 96% | 108% | 60% | 75% | 63% | 26% | -359% | 94% | 129% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 59 | 27 | 41 | 38 | 37 | 40 | 46 | 23 | 22 | 27 | 28 | 25 |
| Inventory Days | 96 | 81 | 65 | 104 | 100 | 87 | 118 | 132 | 172 | 90 | 82 | 104 |
| Days Payable | 143 | 87 | 75 | 95 | 101 | 94 | 128 | 86 | 106 | 73 | 71 | 85 |
| Cash Conversion Cycle | 12 | 21 | 31 | 48 | 36 | 32 | 37 | 70 | 88 | 44 | 40 | 44 |
| Working Capital Days | 1 | 2 | 10 | 3 | 3 | 7 | 9 | 30 | 31 | 3 | 10 | 12 |
| ROCE % | 26% | 18% | 32% | 20% | 19% | 17% | 24% | 31% | 14% | -6% | 19% | 6% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Installed Manufacturing Capacity TPA |
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| Total Sales Volume MT |
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| Building Products Sales Volume MT |
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| Number of Dealers Number |
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| Estimated Market Share - Madhya Pradesh (Agri) % |
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Documents
Announcements
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Reply To The Clarification Sought On Significant Price Movement.
26 Mar - On 26 Mar 2026, company says price movement market-driven; no undisclosed material information.
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Clarification Sought from Kriti Industries India Ltd
25 Mar - Exchange has sought clarification from Kriti Industries India Ltd on March 25, 2026 with reference to significant movement in price, in order to ensure that …
- Closure of Trading Window 24 Mar
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Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
23 Mar - EGM on 20-Mar-2026 approved Article 92 allowing electricity generation, distribution, supply, and sale.
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Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
23 Mar - EGM on 20 Mar 2026 approved Clause 31A adding power generation/distribution; MOA filed 23 Mar 2026.
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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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jun 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT
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May 2024TranscriptAI SummaryPPT
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Jan 2024Transcript PPT
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Nov 2023Transcript PPT
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Sep 2023TranscriptAI SummaryPPT
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Jul 2023Transcript PPT
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Jul 2023TranscriptAI SummaryPPT
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May 2023Transcript PPT
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Mar 2023TranscriptAI SummaryPPT
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Mar 2023TranscriptAI SummaryPPT
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Feb 2023Transcript PPT
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Dec 2022TranscriptAI SummaryPPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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May 2022TranscriptAI SummaryPPT
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Feb 2022Transcript PPT
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Jan 2022TranscriptAI SummaryPPT
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Dec 2021TranscriptAI SummaryPPT
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Nov 2021Transcript PPT
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Oct 2021TranscriptAI SummaryPPT
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Aug 2021Transcript PPT
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Aug 2021TranscriptAI SummaryPPT
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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.