Kritika Wires Ltd
Incorporated in 2004, Kritika Wires Ltd manufactures, exports and supplies a wide range of Industrial Steel Wires and Galvanised Wires[1]
- Market Cap ₹ 274 Cr.
- Current Price ₹ 10.3
- High / Low ₹ 23.8 / 7.78
- Stock P/E 27.1
- Book Value ₹ 3.55
- Dividend Yield 0.00 %
- ROCE 15.0 %
- ROE 11.3 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 48.4% CAGR over last 5 years
- Debtor days have improved from 33.2 to 17.7 days.
- Company's working capital requirements have reduced from 64.4 days to 50.2 days
Cons
- Stock is trading at 2.90 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.9% over last 3 years.
- Earnings include an other income of Rs.15.4 Cr.
- Promoter holding has decreased over last 3 years: -9.57%
* 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
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
35 | 77 | 255 | 274 | 171 | 135 | 244 | 282 | 432 | 745 | |
34 | 73 | 243 | 257 | 167 | 132 | 236 | 274 | 419 | 736 | |
Operating Profit | 1 | 4 | 13 | 17 | 4 | 3 | 8 | 9 | 13 | 9 |
OPM % | 3% | 5% | 5% | 6% | 3% | 2% | 3% | 3% | 3% | 1% |
0 | 2 | 5 | 4 | 6 | 4 | 3 | 4 | 7 | 15 | |
Interest | 1 | 3 | 8 | 8 | 6 | 3 | 3 | 3 | 4 | 5 |
Depreciation | 1 | 2 | 2 | 4 | 3 | 3 | 2 | 2 | 2 | 4 |
Profit before tax | -1 | 0 | 8 | 10 | 2 | 1 | 6 | 8 | 14 | 15 |
Tax % | -6% | 35% | 34% | 33% | 21% | 23% | 27% | 23% | 25% | 32% |
-0 | 0 | 5 | 7 | 2 | 1 | 4 | 6 | 10 | 10 | |
EPS in Rs | -0.10 | 0.06 | 0.26 | 0.25 | 0.06 | 0.03 | 0.15 | 0.22 | 0.39 | 0.38 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 22% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 34% |
3 Years: | 45% |
TTM: | 73% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 48% |
3 Years: | 36% |
TTM: | 0% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | 36% |
1 Year: | -50% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 11% |
Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 13 | 18 | 18 | 18 | 18 | 18 | 53 | 53 |
Reserves | 10 | 11 | 28 | 45 | 46 | 47 | 51 | 56 | 31 | 41 |
20 | 21 | 45 | 42 | 30 | 31 | 21 | 22 | 40 | 51 | |
13 | 8 | 55 | 39 | 39 | 29 | 33 | 22 | 28 | 34 | |
Total Liabilities | 47 | 43 | 141 | 144 | 134 | 125 | 124 | 118 | 153 | 180 |
18 | 19 | 23 | 19 | 19 | 17 | 18 | 16 | 25 | 29 | |
CWIP | 2 | 0 | 0 | 3 | 3 | 3 | 0 | 3 | 1 | 1 |
Investments | 0 | 0 | 2 | 3 | 1 | 1 | 1 | 1 | 0 | 3 |
28 | 25 | 116 | 119 | 111 | 104 | 104 | 98 | 126 | 147 | |
Total Assets | 47 | 43 | 141 | 144 | 134 | 125 | 124 | 118 | 153 | 180 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 6 | -2 | 18 | 2 | 17 | -5 | 14 | 7 | |
0 | 0 | -9 | -0 | -2 | 0 | -3 | 7 | -11 | -28 | |
0 | 0 | -3 | 4 | -18 | -2 | -12 | -3 | 14 | 6 | |
Net Cash Flow | 0 | 0 | -6 | 2 | -2 | 1 | 1 | -1 | 18 | -16 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 152 | 60 | 103 | 100 | 108 | 159 | 76 | 46 | 35 | 18 |
Inventory Days | 110 | 49 | 47 | 42 | 81 | 96 | 64 | 59 | 41 | 33 |
Days Payable | 141 | 35 | 65 | 45 | 73 | 80 | 50 | 28 | 23 | 15 |
Cash Conversion Cycle | 121 | 74 | 86 | 96 | 116 | 175 | 91 | 78 | 53 | 36 |
Working Capital Days | 144 | 80 | 77 | 96 | 133 | 181 | 90 | 80 | 63 | 50 |
ROCE % | 5% | 19% | 8% | 4% | 9% | 12% | 16% | 15% |
Documents
Announcements
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Copy of Newspaper Publication
12 May 2025 - Announcement text unreadable; content and impact cannot be determined.
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Outcome of Board Meeting
9 May 2025 - Kritika Wires approved audited FY25 results with unmodified audit opinion on May 9, 2025.
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Board Meeting Intimation
2 May 2025 - KRITIKA WIRES LIMITED has informed about Board Meeting to be held on 09-May-2025 to inter-alia consider and approve the Audited Financial results of the Company …
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Board Meeting Intimation
2 May 2025 - KRITIKA WIRES LIMITED has informed about Board Meeting to be held on 09-May-2025 to inter-alia consider and approve the Audited Financial results of the Company …
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Statement of deviation(s) or variation(s) under Reg. 32
16 April 2025 - Kritika Wires Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
Business Overview:[1]
KWL is a professionally managed company of Jai Hanuman Group. It is an ISO 9001:2015, ISO 14001:2015, OHSA S18001:2007 company manufacturing Steel Wire and Galvanized for State Electricity Boards, Power Grid Corporation of India Ltd, etc.