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 ₹ 747 Cr.
- Current Price ₹ 146
- High / Low ₹ 270 / 90.4
- Stock P/E
- Book Value ₹ 39.5
- Dividend Yield 0.14 %
- ROCE 6.02 %
- ROE -2.42 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Promoter holding has increased by 0.97% over last quarter.
Cons
- Stock is trading at 3.71 times its book value
- 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.
- 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
370 | 380 | 480 | 387 | 446 | 588 | 534 | 589 | 545 | 732 | 867 | 722 | |
345 | 360 | 442 | 357 | 416 | 558 | 489 | 522 | 505 | 740 | 807 | 694 | |
Operating Profit | 25 | 20 | 38 | 30 | 30 | 29 | 45 | 67 | 39 | -8 | 59 | 28 |
OPM % | 7% | 5% | 8% | 8% | 7% | 5% | 8% | 11% | 7% | -1% | 7% | 4% |
1 | 1 | 2 | 1 | 3 | 2 | 1 | 1 | 8 | 3 | 3 | 4 | |
Interest | 14 | 13 | 17 | 13 | 13 | 15 | 17 | 11 | 14 | 17 | 20 | 23 |
Depreciation | 5 | 5 | 4 | 5 | 6 | 6 | 7 | 7 | 8 | 9 | 12 | 14 |
Profit before tax | 7 | 4 | 18 | 12 | 14 | 10 | 21 | 49 | 25 | -30 | 30 | -6 |
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 | |
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 |
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: | -17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -119% |
Stock Price CAGR | |
---|---|
10 Years: | 38% |
5 Years: | 50% |
3 Years: | 27% |
1 Year: | -21% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 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 |
38 | 49 | 60 | 72 | 63 | 76 | 77 | 81 | 99 | 120 | 128 | 100 | |
134 | 91 | 103 | 105 | 118 | 154 | 177 | 150 | 156 | 161 | 174 | 170 | |
Total Liabilities | 220 | 190 | 223 | 243 | 258 | 311 | 353 | 365 | 409 | 411 | 454 | 472 |
52 | 56 | 60 | 79 | 83 | 99 | 106 | 100 | 106 | 124 | 155 | 165 | |
CWIP | 1 | 3 | 4 | 0 | 0 | 1 | 1 | 8 | 14 | 17 | 13 | 21 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 4 | 4 |
167 | 130 | 159 | 165 | 174 | 212 | 246 | 256 | 290 | 268 | 281 | 283 | |
Total Assets | 220 | 190 | 223 | 243 | 258 | 311 | 353 | 365 | 409 | 411 | 454 | 472 |
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 | 26 | 30 | 37 | 45 | 38 | 37 | 45 | 59 | 88 | 49 | 42 | 49 |
ROCE % | 24% | 18% | 32% | 20% | 19% | 17% | 24% | 31% | 14% | -6% | 19% | 6% |
Documents
Announcements
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Board Meeting Outcome for Submission Of Outcome As Per Regulation 30 Read With Schedule III Part A Para 4 Of The SEBI (LODR) Regulation, 2015
2d - Issued 15.92 lakh shares at Rs.157.50 premium to promoter, raising Rs.18.93 crore.
- Closure of Trading Window 7 Jun
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Board Meeting Intimation for Corporate Announcement Regarding Intimation Of Holding 2/2025-26 Board Meeting For Consideration And Approval Of Conversion Of Warrants Into Equity Shares Of The Company Subject To Receipt Of Outstanding Balance.
7 Jun - Board meeting on June 12 to approve warrant conversion into equity shares, subject to payment.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Submission of Annual Secretarial Compliance Report for FY ended March 31, 2025; no compliance issues.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 28 May
Annual reports
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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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Financial Year 2010
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Concalls
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May 2025Transcript PPT
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Dec 2021TranscriptNotesPPT
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Nov 2021Transcript PPT
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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.