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 ₹ 213 Cr.
- Current Price ₹ 8.00
- High / Low ₹ 13.8 / 7.49
- Stock P/E 22.4
- Book Value ₹ 3.64
- Dividend Yield 0.00 %
- ROCE 15.1 %
- 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 35.7 days to 23.6 days
Cons
- 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.10.9 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
Industrials Capital Goods Industrial Products Iron & Steel Products
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 35 | 77 | 255 | 274 | 171 | 135 | 244 | 282 | 432 | 745 | 805 | |
| 34 | 73 | 243 | 257 | 167 | 132 | 236 | 274 | 419 | 736 | 794 | |
| Operating Profit | 1 | 4 | 13 | 17 | 4 | 3 | 8 | 9 | 13 | 9 | 11 |
| OPM % | 3% | 5% | 5% | 6% | 3% | 2% | 3% | 3% | 3% | 1% | 1% |
| 0 | 2 | 5 | 4 | 6 | 4 | 3 | 4 | 7 | 15 | 11 | |
| Interest | 1 | 3 | 8 | 8 | 6 | 3 | 3 | 3 | 4 | 6 | 6 |
| Depreciation | 1 | 2 | 2 | 4 | 3 | 3 | 2 | 2 | 2 | 4 | 4 |
| Profit before tax | -1 | 0 | 8 | 10 | 2 | 1 | 6 | 8 | 14 | 15 | 12 |
| Tax % | -6% | 35% | 34% | 33% | 21% | 23% | 27% | 23% | 25% | 32% | |
| -0 | 0 | 5 | 7 | 2 | 1 | 4 | 6 | 10 | 10 | 8 | |
| EPS in Rs | -0.10 | 0.06 | 0.26 | 0.25 | 0.06 | 0.03 | 0.15 | 0.22 | 0.39 | 0.38 | 0.30 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 22% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 45% |
| TTM: | 46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 48% |
| 3 Years: | 36% |
| TTM: | -18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 14% |
| 1 Year: | -36% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 13 | 18 | 18 | 18 | 18 | 18 | 53 | 53 | 53 |
| Reserves | 10 | 11 | 28 | 45 | 46 | 47 | 51 | 56 | 31 | 41 | 44 |
| 20 | 21 | 45 | 42 | 30 | 31 | 21 | 22 | 40 | 51 | 39 | |
| 13 | 8 | 55 | 39 | 39 | 29 | 33 | 22 | 28 | 34 | 34 | |
| Total Liabilities | 47 | 43 | 141 | 144 | 134 | 125 | 124 | 118 | 153 | 180 | 170 |
| 18 | 19 | 23 | 19 | 19 | 17 | 18 | 16 | 25 | 29 | 27 | |
| CWIP | 2 | 0 | 0 | 3 | 3 | 3 | 0 | 3 | 1 | 1 | 1 |
| Investments | 0 | 0 | 2 | 3 | 1 | 1 | 1 | 1 | 0 | 3 | 3 |
| 28 | 25 | 116 | 119 | 111 | 104 | 104 | 98 | 126 | 147 | 139 | |
| Total Assets | 47 | 43 | 141 | 144 | 134 | 125 | 124 | 118 | 153 | 180 | 170 |
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 | 41 | 40 | 26 | 44 | 69 | 111 | 65 | 55 | 29 | 24 |
| ROCE % | 5% | 19% | 8% | 4% | 9% | 12% | 16% | 15% |
Documents
Announcements
-
Copy of Newspaper Publication
6 November 2025 - Quarter and half-year results ended 30 Sep 2025 published 06 Nov 2025 in Financial Express and Arthik Lipi.
-
Outcome of Board Meeting
4 November 2025 - Unaudited Q2/H1 (30 Sep 2025): PAT Rs113.64 lakh; disputed tax Rs250.07 lakh, 75% provision.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
11 October 2025 - Confirms dematerialisation actions for quarter ended 30 Sep 2025; certificates processed and depository entries updated.
-
Statement of deviation(s) or variation(s) under Reg. 32
11 October 2025 - Kritika Wires Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
-
Trading Window
27 September 2025 - Kritika Wires Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
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.