MarketFriction

Kriti Industries (India) Ltd

NSE KRITI · BSE 526423 · Plastic Products - Industrial
₹60.77 -0.38%
NSE close2026-10-01
52 week range53.00 - 132.90
Market cap₹330 Cr.
Price band 20% Delivery 69.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales149.66242.80194.62257.16117.36209.88137.51224.0685.73135.79141.78173.11
Expenses139.31224.95180.83232.86112.20211.25137.28208.9689.80130.24123.45167.79
Operating Profit10.3517.8513.7924.305.16-1.370.2315.10-4.075.5518.335.32
OPM %6.92%7.35%7.09%9.45%4.40%-0.65%0.17%6.74%-4.75%4.09%12.93%3.07%
Other Income0.321.231.180.901.060.681.010.701.07-0.53-1.760.36
Interest4.655.245.765.595.815.866.024.533.623.183.493.81
Depreciation2.973.113.073.393.343.833.903.874.254.354.294.74
Profit before tax3.0510.736.1416.22-2.93-10.38-8.687.40-10.87-2.518.79-2.87
Tax %18.03%25.91%41.53%15.17%22.53%2.99%-59.33%1.08%-11.78%-84.86%53.81%-25.09%
Net Profit2.517.963.6013.84-3.56-10.89-3.667.26-9.68-0.474.01-2.21
EPS in Rs0.511.600.732.79-0.72-2.20-0.721.38-1.84-0.090.76-0.42
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales480387446588534589545732867722587536
Expenses442357416558489520505740807694552511
Operating Profit38303029456939-859283525
OPM %8%8%7%5.0%8%12%7%-1.1%7%3.9%6%4.7%
Other Income21321-18334-1-1
Interest171313151711141720231514
Depreciation4566778912141718
Profit before tax18121410214925-3030-63-7
Tax %41%35%34%40%11%26%20%-24%28%-30%50%
Net Profit11896183620-2322-41-8
EPS in Rs2.171.641.851.213.737.274.02-4.644.42-0.840.21-1.59
Dividend Payout %8%9%8%12%4%3%5%0%5%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth2%0%-7%-22%
Compounded Profit Growth-13%-40%28%46%
Stock Price CAGR6%-15%-14%-51%
Return on Equity8%2%4%1%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital555555555555
Reserves455562717694129149125147197217
Borrowings496072637677819912012810091
Other Liabilities91103105118154177150156161174170170
Total Liabilities190223243258311353365409411454472483
Fixed Assets5660798399106100106124155165195
CWIP3400118141713218
Investments000000003440
Other Assets130159165174212246256290268281283280
Total Assets190223243258311353365409411454472483
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity14132631183230427583420
Cash from Investing Activity-10-9-18-12-25-16-14-7-31-46-37-10
Cash from Financing Activity-4-4-9-186-16-1634-123-6
Net Cash Flow-00-01-20-00-00-05
Free Cash Flow25620-41720-14-1183-14
CFO/OP73%42%97%112%68%83%61%27%-360%96%130%55%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days314343404250242227282517
Inventory Days816510399871201321729082104159
Days Payable8876961019513192106737185111
Cash Conversion Cycle253349383439648844404465
Working Capital Days4114481027364101226
ROCE %18%32%20%19%17%24%32%14%-6%19%6%7%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters66.35%66.35%66.35%66.77%66.77%66.77%67.75%68.72%68.72%68.72%69.08%69.08%
FIIs0.01%0.15%0.01%0.46%0.02%0.01%0.08%0.09%0.05%0.05%0.12%0.05%
Public33.64%33.49%33.64%32.77%33.21%33.23%32.18%31.20%31.24%31.23%30.82%30.87%
No. of Shareholders11,17111,26513,66511,79712,93412,55712,52212,00711,40311,27111,24211,353

Fundamentals

Market Cap₹ 330 Cr.
Current Price₹ 62.4
Book Value₹ 42.2
ROCE6.97 %
ROE1.32 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-22%
Compounded Profit Growth (TTM)46%
Consolidated figures.
Valuation
Market capRs 320 Cr
Enterprise valueRs 396 Cr
Price to book1.44x
Price to sales0.60x
EV / EBITDA16.31x
EV / EBIT59.61x
EV / sales0.74x
Price to cash flow15.74x
Earnings yield-2.61%
P/E, 3-year average166.22x
P/B, 3-year average2.79x
P/E, 5-year average119.67x
P/B, 5-year average3.23x
Profitability
Operating margin (excl. other income)5.95%
Operating margin (incl. other income)5.85%
EBITDA margin4.52%
Pre-tax margin-1.39%
Net profit margin-1.56%
Net margin, latest quarter-1.28%
ROE0.53%
ROCE5.73%
ROA0.24%
ROE, 3-year average4.56%
ROCE, 3-year average10.31%
ROA, 3-year average1.46%
ROE, 5-year average2.26%
ROCE, 5-year average8.44%
ROA, 5-year average0.79%
ROIC (approx.)1.12%
Tax rate49.64%
Other income / net worth-0.24%
Growth
Sales growth (latest year)-18.64%
Sales CAGR, 3 years-7.09%
Sales CAGR, 5 years-0.05%
Profit CAGR, 5 years-49.97%
Sales growth QoQ22.10%
Profit growth QoQ-155.11%
Sales growth YoY (latest quarter)-22.74%
Profit growth YoY (latest quarter)-130.44%
Per share
EPS (TTM)Rs -1.58
EPS (latest year)Rs 0.21
EPS (latest quarter)Rs -0.42
EPS, 3-year averageRs 1.27
EPS, 5-year averageRs 0.64
Book value per shareRs 42.18
Sales per shareRs 101.79
Cash flow per shareRs 3.86
Free cash flow per shareRs -2.66
Dividend per share, 3-year averageRs 0.20
Dividend per share, 5-year averageRs 0.20
Dividends
Dividend payout, 3-year average4.51%
Dividend payout, 5-year average4.74%
Efficiency
Asset turnover1.22x
Fixed asset turnover3.01x
Inventory turnover2.52x
Inventory days145 days
Debtor days17 days
Debtors turnover20.93x
Creditor days111 days
Cash conversion cycle65 days
Working capital days26 days
Leverage
Total debtRs 91 Cr
Cash and bankRs 16 Cr
Net debtRs 76 Cr
Debt to equity0.41x
Net debt / EBITDA3.11x
Interest coverage0.47x
Owners' fund to total sources45.99%
Debt to assets18.85%
Cash flow
Cash from Operating Activity (latest year)Rs 20 Cr
Cash from Investing Activity (latest year)Rs -10 Cr
Cash from Financing Activity (latest year)Rs -6 Cr
Net Cash Flow (latest year)Rs 5 Cr
Free cash flow (latest year)Rs -14 Cr
FCFE (approx.: FCF + change in debt)Rs -23 Cr
Cash from ops / profit, 5 years8.94x
Sales to cash flow28.86x
Statement figures
Net sales (TTM)Rs 536 Cr
Net sales (latest year)Rs 587 Cr
Sales (latest quarter)Rs 173 Cr
Operating profit excl. other income (latest year)Rs 35 Cr
Operating profit (latest quarter)Rs 5 Cr
Other income (TTM)Rs -1 Cr
EBITDA (TTM)Rs 24 Cr
PBDT (TTM)Rs 10 Cr
Profit before tax (TTM)Rs -7 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs -8 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs -2 Cr
Depreciation (TTM)Rs 18 Cr
Depreciation (latest quarter)Rs 5 Cr
Interest (TTM)Rs 14 Cr
Cost of goods sold (latest year)Rs 494 Cr
Total expenditure (latest year)Rs 552 Cr
Total income (latest year)Rs 587 Cr
Share capitalRs 5 Cr
ReservesRs 217 Cr
Shareholders' fundsRs 222 Cr
Total assetsRs 483 Cr
Net blockRs 195 Cr
Capital work in progressRs 8 Cr
InvestmentsRs 0 Cr
ReceivablesRs 28 Cr
InventoryRs 196 Cr
Other liabilitiesRs 170 Cr
Shares outstanding (crore)5.27
Ownership
Promoter holding69.08% (+0.36 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 1.44 is at the 12th percentile (median 3.09).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodKRITINifty 50Difference
1 week-1.4%-2.8% +1.4 pts
1 month+0.3%-6.8% +7.1 pts
3 months-14.5%-7.6% -6.9 pts
6 months-6.2%+0.4% -6.6 pts
1 year-54.2%-9.9% -44.2 pts
2 years-75.0%-13.6% -61.5 pts
3 years-38.1%+14.2% -52.2 pts
5 years-55.7%+27.9% -83.6 pts

Red flags

F-score 6 of 8
explainLow interest cover Interest cover 1.2x in 2026
lookInventory outrunning sales Inventory grew 23% vs sales -19% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹173 Cr -22.7% vs Jun 2025. Net loss ₹2 Cr.
Against our estimate for Jun 2026: sales -7.9%, profit -194.7% in line. Our estimate for Sep 2026: sales Rs 77 Cr, profit Rs -1 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-06-11Annual General Meeting/Dividend - Re 0.20 Per Share
2023-08-21Annual General Meeting
2022-08-08Annual General Meeting/Dividend - Rs 0.20 Per Share
DateTypeWhat it says
2026-09-21ResignationResignation of Director/KMP/SMP
2026-09-21Change in Company Secretary/Change in Company Secretary/Compliance Officer: Resignation and cessation of Ms. Aditi Randhar as Company Secretary and Compliance officer w.e.f. 21/0...
2026-09-09Shareholder meetingWith copy of minutes of Annual General Meeting held on August 12, 2026
2026-08-28Clarification - Financial ReThe Exchange has sought clarification from Kriti Industries (India) Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEB...
2026-08-14Change in ManagementChange in Management
2026-08-14UpdatesOutcome of the 36thAnnual General Meeting held on 12th August, 2026..
2026-08-14Shareholder meetingVoting results.
2026-08-12General UpdatesGeneral Updates Submission of the proceedings of the 36thAnnual General Meeting of the Company held on Wednesday, 12th August, 2026, pursuant to Regul...
2026-08-11General UpdatesGeneral Updates : Regulation 33 of SEBI (LODR) Regulations, 2015- Submission of Unaudited Standalone and Consolidated Financial Results along with Lim...
2026-08-11Board meeting outcomeOutcome of Board Meeting held on August 11, 2026 Intimation of grant of Employee Stock Options ( ESOPs / Options ) pursuant to Kriti Industries Empl...
2026-08-11Board meeting outcomeKriti Industries (India) Limited in their meeting held on 11th August, 2026 has appointed Shri Pradeep Shastri Vedula as the Chief Executive Officer, ...
2026-08-11Board meeting outcomeKriti Industries (India) Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-24Disclosure under SEBI TakeovKriti Industries (India) Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of Ind...
2026-07-21UpdatesPursuant to Reg. 36(1)(b) of SEBI (LODR) Regulations, 2015 dispatch of letters to the shareholders not registered their email address.
2026-07-21UpdatesCorporate Announcement/Information pursuant to Regulation 44 of the SEBI (LODR) Regulations, 2015 regarding providing Remote E-Voting Facilities for t...
2026-07-21Shareholder meetingNotice of 36th Annual General Meeting to be held on Wednesday, August 12, 2026 at 3:00 P.M. (IST).
2026-06-09Disclosure under SEBI TakeovSAKAM TRADING PRIVATE LIMITED has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India ...
2026-06-05Disclosure under SEBI TakeovSAKAM TRADING PRIVATE LIMITED has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India ...
2026-05-13Concall / analyst meetTranscript
2026-05-12RetirementRetirement
2026-05-11Monitoring Agency Report: Submission of the report of Monitoring Agency pursuant to Regulation 32(6) for the Quarter ended 31st March, 2026 as per SEBI (LODR) Regulations, 20...
2026-05-06Concall / analyst meetLink of Recording
2026-05-05UpdatesRegulation 33(3) (d) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 - Submission of Standalone & Consolidated Audited Finan...
2026-05-05Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2026-05-05Investor PresentationInvestor Presentation
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 150perc in previous 12 monthsLess than 100 unique PAN traded in previous 30 daysScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Kriti Industries (India) Ltd?

Kriti Industries (India) Ltd (KRITI) has a market capitalisation of Rs 330 Cr. at the 2026-10-01 close.

What were Kriti Industries (India) Ltd's latest quarterly results?

In the Jun 2026 quarter, Kriti Industries (India) Ltd sales was Rs 173 Cr (-22.7% vs Jun 2025) with a net loss of Rs 2 Cr.

What is the 52-week high and low of Kriti Industries (India) Ltd?

The 52-week high is Rs 132.90 and the 52-week low is Rs 53.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03