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Kriti Industries (India) Ltd (KRITI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526423 NSE: KRITI Plastic Products | Small Cap | Kriti Industries (I) Share Price

₹68.56 -0.44 (-0.64%)

As on 14-Aug'26 16:59

Kriti Industries (India) Ltd (KRITI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526423 NSE: KRITI Plastic Products | Small Cap | Kriti Industries (I) Share Price

₹68.56 -0.44 (-0.64%)

As on 14-Aug'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹361 Cr.
Current Price
₹68.6
52-Week Low / High
₹51 / 160
TTM EPS
₹-1.6
TTM Sales
₹536 Cr.
Book Value per Share
₹41.5
P/E Ratio
0.00
Lower than its 5-year historical median
Industry PE
39.2
Price to Book (P/B)
1.65
Lower than its 5-year historical median
Price to Sales (P/S)
0.67
Lower than its 5-year historical median
EV/EBITDA
15.32
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
0.55%
Underperforms industry median
Return on Capital Employed (ROCE)
5.68%
Underperforms industry median
Return on Assets (ROA)
0.22%
Operating Profit Margin
6%
Net Profit Margin
0.18%
Gross Profit Margin
4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-18.64%
Operating Profit Growth (1 Year)
-
23.84%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
69.07%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹213 Cr.
Equity
₹5.3 Cr.
Face Value
₹1
All Time Low / High
₹0.40 / 270.00

Kriti Industries (India) stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Fair

Price Trend

Semi Strong
Q.1 Is Kriti Industries (India) Ltd a good quality company?
Kriti Industries (India) Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Kriti Industries (India) Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Kriti Industries (India) Ltd vs industry peers?
Kriti Industries (India) Ltd revenue CAGR is -0.06%, compared to the industry median CAGR of 3.92%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Kriti Industries (India) Ltd?
Promoters hold 69.07% of the Kriti Industries (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Kriti Industries (India) Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 10% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Kriti Industries (India) Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 19.5%19%16.8%23%31.3%14%-5.2%18.9%5.9%5.7%-
Value Creation
Index
0.40.40.20.71.2-0-1.40.4-0.6-0.6-

Growth Parameters

Sales 365428569534589545732867722587536
Sales YoY Gr.-17.3%33.1%-6.1%10.3%-7.5%34.5%18.3%-16.7%-18.6%-
Adj EPS 1.91.71.247.82.8-54.3-10.7-1.6
YoY Gr.--9.7%-26.2%225.8%92.6%-64.1%-279.2%NA-123.1%NA-
BVPS (₹) 14.21617.220.928.53126.130.33341.941.5
Adj Net
Profit
9.28.36.22038.613.9-24.821.1-53.9-8
Cash Flow from Ops. 25.828.715.328.430.73.826.857.633.620.9-
Debt/CF from Ops. 2.72.14.82.62.527.44.72.33.24.7-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 5.4%-0.1%-7.1%-18.6%
Adj EPS -9.9%-37.7%NANA
BVPS12.8%8%17.1%26.9%
Share Price 9.8% -9.9% -13.5% -54.6%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
13.911.17.521.231.59.4-17.515.1-2.91.8-3.8
Op. Profit
Mgn %
8.16.95.18.511.77.3-1.16.93.964.7
Net Profit
Mgn %
2.521.13.86.62.5-3.42.4-0.70.7-1.6
Debt to
Equity
10.80.90.70.60.710.90.60.5-
Working Cap
Days
12912411214414016713210813016158
Cash Conv.
Cycle
2729282740674732425117

Valuation of Kriti Industries (I) - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales365428569534589545732867722587
Operating Expenses + 336398540489521506740807694552
Manufacturing Costs17202526212030393531
Material Costs284340464412446439649689559450
Employee Cost 16162121212128343736
Other Costs 18233130322533456334
Operating Profit 292929456939-8592835
Operating Profit Margin (%) 7.9%6.8%5.1%8.5%11.6%7.1%-1.1%6.9%3.9%6.0%
Other Income + 1322114344
Exceptional Items 000-101000-5
Interest 12131517111417212415
Depreciation 5667789121417
Profit Before Tax 131410225119-3130-62
Tax 4542135-78-21
Profit After Tax 997193814-2321-41
PAT Margin (%) 2.4%2.2%1.2%3.6%6.5%2.6%-3.2%2.5%-0.6%0.2%
Adjusted EPS (₹)1.81.91.33.97.72.8-4.74.3-0.90.2
Dividend Payout Ratio (%)8.50%8.10%11.30%3.90%2.60%7.10%0%4.60%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 708085104141154129150169221
Share Capital 5555555555
Reserves 65758099136149124145164215
Debt +5653666671981161219498
Long Term Debt15132215262033583534
Short Term Debt41394451457883635964
Minority Interest0000000000
Trade Payables7496120145105127129133129137
Others Liabilities 37273637393844568735
Total Liabilities 237255308352356416419461479491

Fixed Assets

Net Fixed Assets +747995102100106124155165195
Gross Block7990111126131144171215238285
Accumulated Depreciation5101623313948607490
CWIP 00119141713217
Investments 8887781112129
Inventories8194110134162207159156159196
Trade Receivables38446268383253674928
Cash Equivalents 8111214161313202815
Others Assets 27182027253642384641
Total Assets 237255308352356416419461479491
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 2629152831427583421
PBT 131410225119-3130-62
Adjustment 16171923182223303533
Changes in Working Capital -10-12-11-26-3135-47-16
Tax Paid -2-3-2-5-13-6-12-31
Cash Flow From Investing Activity + -18-11-22-14-15-15-31-46-37-10
Capex -20-11-22-15-14-18-28-40-31-34
Net Investments 1-1-2-1-21-2-9-822
Others 111212-0332
Cash Flow From Financing Activity + -8-166-14-16114-123-7
Net Proceeds from Shares 00000000240
Net Proceeds from Borrowing -4-29-71-61425-23-1
Interest Paid -12-13-15-17-11-14-17-21-24-15
Dividend Paid 0-1-1-1-1-1-10-10
Others 8-11310-5338-152710
Net Cash Flow -01-10-0-00-005
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)13.1212.318.0220.3531.199.51-16.5415.31-2.820.55
ROCE (%)19.451916.8123.0331.3213.99-5.2118.855.915.68
Asset Turnover Ratio1.791.812.021.621.661.411.751.971.541.21
PAT to CFO Conversion(x)2.893.222.141.470.820.29N/A2.76N/A21
Working Capital Days
Receivable Days40.7033.6033.9044.4032.7023.4021.4025.3029.2023.80
Inventory Days65.307265.6083.3091.50123.4091.2066.4079.60110.20
Payable Days95.5090.9084.90117.20102.2096.5072.2069.5085.80108.10

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Kriti Industries (India) Ltd FAQs

The current trading price of Kriti Industries (I) on 14-Aug-2026 16:59 is ₹68.56.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 13-Aug-2026 the market cap of Kriti Industries (I) stood at ₹361.3 Cr

The latest P/E ratio of Kriti Industries (I) as of 13-Aug-2026 is 0.00.

The latest P/B ratio of Kriti Industries (I) as of 13-Aug-2026 is 1.65.

The 52-week high of Kriti Industries (I) is ₹159.5 and the 52-week low is ₹51.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kriti Industries (I) is ₹536 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Kriti Industries (India) Ltd is a average quality company.

The key valuation ratios of Kriti Industries (India) Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Kriti Industries (India) Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Kriti Industries (India) Ltd

Kriti Industries, established in 1983 is a reputed manufacturer of plastic polymer piping systems, moulded plastic products and premium quality refined soyabean products with a loyal customer base both in India and internationally. The greater part of the products’ manufacturing is based in central India with a branch in the western region. The group, as in the year 2008, has an annual turnover of more than Rs 5 billion with exports constituting above 25% of the pie.

Kriti has cherished the trust of its customers by walking that extra mile to integrate modern technology in its production facilities and processes to deliver a high quality product each time. The company conducts its business ethically, honours commitments and is continually adopting new environment friendly initiatives.

The company’s initial step was the setting up of a single screw extruder imported from Battenfield Germany, for manufacturing rigid PVC pipes in a small shed, 32 km from Indore in Madhya Pradesh with a capital of Rs 0.2 million taken from MPFC in the year 1983.

The brand ‘Kasta’  of the company was a success and led to expanded capacities and a dealership network of over 100 dealers. Strategically leveraging its relationship with the farmers, in 1992, a 200 tonnes per day solvent extraction plant was established where the company became buyer of seeds from the farmers who were purchasing company’s rigid PVC Pipes. The same year the company went public with an initial issue of Rs 48.3 million at a premium double its share value.

In 1995 a new range of injection moulding products was added to the basket. The range of offering of the RPVC pipes increased steadily from diameter of 63 mm to 316 mm.

The company added a 50 tonne edible oil refinery in the year 1998, whose capacity was increased to 70 tonnes within two years. This earmarked the successful launch of the brand ‘Kriti Refined Edible Soya Oil’ and further expansion of the capacity to 120 tonnes. With the advent of the telecom revolution a new range of institutional customers were added for the supply of co-extruded internally lubricated HDPE telecom ducts for laying optical fiber cables. The company subsequently started manufacturing large diameter HDPE pipes of 450 mm diameter for potable water supplies & sewage disposal.

In 2001, the company received the ISO 9000 certifiation, was processing 15000 tonne of plastics annually and added a 2 tonne per day lecithin plant in the soya division.  The company was constantly expanding its plastics’ range and not only catered to customers in M P, Rajasthan, Gujarat, Maharashtra but also many leading institutional customers & government departments.

The year, 2004 was a landmark year when the company moved out of Madhya Pradesh to Ranjangaon, Pune and put up new state-of-the-art facilities for moulding for white goods & the automobile industry. In the subsequent year the company received a certificate for second highest sales of soya oil in India and also the ISO 22000 certification and many more opprtunities.

In 2007 Kriti became the pioneer in manufacturing and exporting Super HyPro Soyabean meal, value added soya flakes and speciality lecithin.

Today the company has a turnover of over Rs 5 billion and presence in over 15 states in India and exports in countries of western Europe and South East Asia. The company is working on development and continuous upgradation by focusing on research for supplying additional value to its offerings.

Different divisions of the company:

  • Plastics Division   This division houses comprehensive extrusion and moulding facilities. The products are sold under the brand names of Kasta, Koresil and are used for agriculture, micro irrigation, construction, infrastructure and telecommunication purposes.  
  • Soya Division   A state-of-the-art manufacturing setup which includes solvent extraction plants, vegetable oil refinery, lecithin plant, effluent treatment plant, fluidized bed boilers and an in-house tin and jar manufacturing facility. It uses best quality, Non GMO soyabean seeds with a high nutrient content to manufacture a premium quality product range.The range includes refined soyabean oil, superhypro meal, defatted soya flakes and lecithin used for human consumption, cattle feed, poultry, aquaculture, confectionary, dairy product, industrial applications and pharmaceutical preparations.  
  • Engineering Plastics Division   It is an auto component manufacturing division, which produces moulded plastic components for automobiles. The customer list includes the leading automobile manufacturers of India.

Product range of the company includes:

Plastics

  • Plain Pipes
  • Selfit Pipes
  • Selfit SWR Pipes 
  • Ring-O-Socketed SWR Pipes

Fittings

  • PLB HDPE Duct
  • PLB Ribbed (speed) HDPE Duct
  • PLB with pre-installed cable HDPE duct
  • PLB with tracer HDPE duct
  • PLB with pre-installed pulling rope
  • HDPE Duct
  • Fittings and accessories

Engineering Plastics

  • Automotive
  • White goods
  • Furniture

Soya

  • Refined Oil
  • Textured Vegetable Protein
  • Full Fat Soya Flour
  • Lecithin

Achievements/ recognition:

Kriti is certified by BVQI, with accreditation from UKAS, Quality Management, BVQI (hokiing) S.A with ISO 9001:2000 & ISO 14001:2004.

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