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Kridhan Infra Ltd (KRIDHANINF)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533482 NSE: KRIDHANINF Steel & Iron Products | Small Cap | Kridhan Infra Share Price

₹2.84 0.13 (4.80%)

As on 02-Jul'26 16:59

Kridhan Infra Ltd (KRIDHANINF)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533482 NSE: KRIDHANINF Steel & Iron Products | Small Cap | Kridhan Infra Share Price

₹2.84 0.13 (4.80%)

As on 02-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹32 Cr.
Current Price
₹2.8
52-Week Low / High
₹2 / 5
TTM EPS
₹0.2
TTM Sales
₹3.4 Cr.
Book Value per Share
₹-24.4
P/E Ratio
14.37
Higher than its 3-year historical median
Industry PE
24.3
Price to Book (P/B)
-0.12
In line with its 5-year historical median
Price to Sales (P/S)
9.20
Higher than its 5-year historical median
EV/EBITDA
14.02
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Underperforms industry median
Return on Capital Employed (ROCE)
0.00%
Underperforms industry median
Return on Assets (ROA)
254.61%
Operating Profit Margin
70.6%
Net Profit Margin
2806.62%
Gross Profit Margin
20.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
203.53%
Operating Profit Growth (1 Year)
-
857.89%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
44.88%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-295 Cr.
Equity
₹22.3 Cr.
Face Value
₹2
All Time Low / High
₹1.10 / 142.00

Kridhan Infra stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Kridhan Infra Ltd a good quality company?
Kridhan Infra Ltd is a quality company, based on a 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 Kridhan Infra Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Kridhan Infra Ltd vs industry peers?
Kridhan Infra Ltd revenue CAGR is -32.77%, compared to the industry median CAGR of 7.56%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Kridhan Infra Ltd?
Promoters hold 44.88% of the Kridhan Infra Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Kridhan Infra Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -27.8% 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.
Kridhan Infra Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 4.2%3.7%1.7%-64.2%-6.3%-3.8%0%0%0%0%-
Value Creation
Index
-0.7-0.7-0.9-5.6-1.5-1.3NANANANA-

Growth Parameters

Sales 57.172.48859.618.827.416.83.50.92.63
Sales YoY Gr.-26.8%21.6%-32.3%-68.5%45.9%-38.9%-79.4%-75.4%203.5%-
Adj EPS 0.20.10.6-15.9-1.3-0.3-13.1-1.5-0.72.30.2
YoY Gr.--23.5%330.8%-2941.1%NANANANANANA-
BVPS (₹) 11.71331.114.814.113.3-29.4-34.7-37.3-29.7-24.4
Adj Net
Profit
1.30.95.3-151-12.1-3.2-124-14.5-721.92
Cash Flow from Ops. -4.6-2-91.8-5.43.3-5.1-0.71.5-6.95-
Debt/CF from Ops. -3.2-8.9-0.1-3.35.5-3.8-33.114.1-45.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -29.1%-32.8%-46.4%203.5%
Adj EPS 33.6%NANANA
BVPS-210.9%-216.1%NANA
Share Price -28.1% -14% 6.1% -35.5%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
1.612.7-67.7-8.7-2.41624.82-6.9-0.7
Op. Profit
Mgn %
53.97.617-3.50.4-2.326.822.270.655.2
Net Profit
Mgn %
2.31.36.1-252.9-64.6-11.5-739.2-420.7-822.5848.664.9
Debt to
Equity
0.20.200.10.10.2-0.1-0.1-0.1-0.1-
Working Cap
Days
3753965157391,4317306108453,9641,1731,096
Cash Conv.
Cycle
198201163183593380265-0166-713-20,133

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales57.0872.3888.0159.6218.7927.4116.753.450.852.58
Operating Expenses + 54.2169.5681.3752.0819.4627.3117.142.520.660.76
Manufacturing Costs00.010000.210.120.0100
Material Costs53.0567.6178.9246.9417.9426.1216.141.3800
Employee Cost 0.440.981.441.150.630.280.230.280.280.22
Other Costs 0.710.961.023.990.890.700.650.850.380.54
Operating Profit 2.872.836.637.54-0.680.10-0.390.920.191.82
Operating Profit Margin (%) 5.0%3.9%7.5%12.7%-3.6%0.4%-2.3%26.8%22.2%70.6%
Other Income + 2.132.054.162.832.381.561.310.751.030.46
Exceptional Items 00-6.41-160.72-11-6.56-400.51-51.11-25.7872.07
Interest 2.402.732.251.732.1423.100.030.071.74
Depreciation 0.890.900.840.780.680.782.540.540.380.29
Profit Before Tax 1.711.251.30-152.86-12.11-7.68-405.23-50-25.0172.32
Tax 0.420.310.46-0.270.050.07-1.050.27-0.020
Profit After Tax 1.300.940.84-152.59-12.16-7.75-404.18-50.28-24.9972.32
PAT Margin (%) 2.3%1.3%1.0%-255.0%-64.7%-28.3%-2,413.0%-1,458.7%-2,957.9%2,806.6%
Adjusted EPS (₹)0.20.10.1-16.1-1.3-0.8-42.6-5.3-2.67.6
Dividend Payout Ratio (%)91.50%158.10%226.50%0%0%0%0%0%0%0%

Valuation of Kridhan Infra - 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!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 86.5796.21295.09140.52133.42125.67-278.51-328.79-353.78-281.46
Share Capital 14.8214.8218.9618.9618.9618.9618.9618.9618.9618.96
Reserves 71.7581.39276.13121.56114.46106.71-297.47-347.74-372.74-300.42
Debt +13.4017.977.7317.6717.8519.2021.5020.4427.4525.47
Long Term Debt0.070.040.030.030.020.010000
Short Term Debt13.3317.937.7017.6417.8419.1921.5020.4427.4525.47
Minority Interest0000000000
Trade Payables8.529.681.119.023.836.075.191.681.181.02
Others Liabilities 5.2824.5312.7339.9848.1029.88333.37367.16356.88280.05
Total Liabilities 113.77148.39316.66207.18203.20180.8281.5560.4931.7325.08

Fixed Assets

Net Fixed Assets +16.8326.5225.8522.4126.0125.1920.4717.3716.9916.70
Gross Block21.8932.4732.5628.1832.2532.2229.8627.2327.2327.23
Accumulated Depreciation5.055.956.725.776.247.039.399.8510.2310.53
CWIP 0000000000
Investments 30.5630.56132.3499.40113.19109.1351.0236.531.811.81
Inventories10.0910.141.053.410.380.660000
Trade Receivables31.6246.9533.4733.5138.6027.196.763.960.490.50
Cash Equivalents 0.400.390.881.590.520.390.210.490.682.25
Others Assets 24.2733.83123.0746.8724.5118.263.092.1511.753.82
Total Assets 113.77148.39316.66207.18203.20180.8281.5560.4931.7325.08

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -4.56-2.03-91.79-5.383.26-5.08-0.651.46-6.905.02
PBT 1.711.251.30-152.86-12.11-7.68-405.23-50-25.0172.32
Adjustment 1.161.57-2.78157.2711.457.80404.9751.6226.07-70.23
Changes in Working Capital -7.08-4.73-90.23-9.793.92-5.2-0.39-0.16-7.962.93
Tax Paid -0.35-0.13-0.080000000
Cash Flow From Investing Activity + 1.511.32-98.34-0.13-2.435.621.270.030.150.28
Capex -0.62-0.74-0.17-0.14-4.294.07-0.14000
Net Investments 00-101.78000.020.20-000
Others 2.132.053.600.011.861.531.210.030.150.28
Cash Flow From Financing Activity + 3.130.70190.626.23-1.91-0.66-0.81-1.216.93-3.72
Net Proceeds from Shares 8.530204.59-0.09000000
Net Proceeds from Borrowing 00000.2300000
Interest Paid -2.40-2.73-2.25-1.73-2.14-2-3.10-0.03-0.07-1.74
Dividend Paid -1.45-1.17-1.48-1.89000000
Others -1.554.61-10.249.9401.342.29-1.187.01-1.98
Net Cash Flow 0.08-0.010.490.72-1.08-0.12-0.190.280.191.57

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)1.611.030.43-70.06-8.88-5.98N/AN/AN/AN/A
ROCE (%)4.223.71.68-64.15-6.34-3.84N/AN/AN/AN/A
Asset Turnover Ratio0.540.550.380.230.090.140.130.050.020.09
PAT to CFO Conversion(x)-3.51-2.16-109.27N/AN/AN/AN/AN/AN/A0.07
Working Capital Days
Receivable Days157.10198.10166.80205700.50438.10369.90567.40961.1070.10
Inventory Days77.705123.2013.6036.806.900000
Payable Days34.8049.102539.40130.7069.20127.30910.3000

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Kridhan Infra Ltd FAQs

The current trading price of Kridhan Infra on 02-Jul-2026 16:59 is ₹2.84.

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 01-Jul-2026 the market cap of Kridhan Infra stood at ₹31.69 Cr

The latest P/E ratio of Kridhan Infra as of 01-Jul-2026 is 14.37.

The latest P/B ratio of Kridhan Infra as of 01-Jul-2026 is -0.12.

The 52-week high of Kridhan Infra is ₹5.02 and the 52-week low is ₹1.85.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kridhan Infra is ₹3.44 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Kridhan Infra Ltd is a below average quality company.

The key valuation ratios of Kridhan Infra 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 Weak which suggest that the price of Kridhan Infra Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Kridhan Infra Ltd

Readymade Steel India (RMS) was incorporated on March 21, 2006 under Companies Act, 1956 in Maharashtra. It is an ISO 9001:2008 certified steel service provider with an installed capacity of 27,000 MTPA and also one of the pioneers of introducing the concept of readymade steel products in the country. The company currently operates from its plant located at Khopoli, Raigad district, Maharashtra. The plant consists of automated shear lines, bending lines, cutting lines, automated stirrup machines etc. and is supported by other material handling equipments. Anil Agrawal is the founder promoter of the company and has more than a decade of experience in steel industry. The current staff strength is 36 which include qualified and experienced professionals.

The major customers of company are infrastructure developers and contractors. The company, since last few years, is successfully obtaining orders from major construction companies like Larsen & Toubro Limited, Nagarjuna Constructions Company Limited, etc. to supply ready to use steel products for their construction needs. It has supplied steel products to Mumbai Mono Rail Project, Sahar Elevated Access Road, Mumbai, Nasik Elevated Corridor, Palais Royale, Mumbai etc.

The company's products find their application in all kinds of construction activities spanning across bridges, mono rail, metro rail, airports, malls, hotels, buildings, factories etc. These products are processed from iron and steel products such as re-bars fulfilling domestic and international design requirements. The company intends to add more value added products, like the welded steel mesh, standard stirrups etc., this will enable it to become a one stop solution provider to all the reinforcement needs of the customers.

The company is now expanding business both in terms of productive capacity and geographical reach by expanding the existing facility at Khopoli and setting-up additional facilities near New Delhi and Raipur respectively. With this expansion, the existing capacity at Khopoli will be increased from 27,000 MTPA to 90,000 MTPA and proposed new facilities near New Delhi and Raipur will be having capacity of 50,000 MTPA each. Since company offers niche and relatively new product in India it faces limited competition.

Products

Stirrups (Cut & Bend)

The cutting and bending of steel is one of the most important aspects in any kind of construction or infrastructure projects. This could be done on site manually and conventionally, it is done as such. The traditional method, though, may result in inaccurate dimensions and improperly bent bars. The company’s skilled operators, work in an organised and controlled setup which results in consistently superior quality products. Reinforcement bars of various diameters (normally ranging from 6 mm to 40 mm) are cut and bent as per the bar bending schedule.

Prefabricated Cages

Prefabricated cages are made by piecing together rebars and stirrups as per the structural drawings. Two connecting cages are aligned on ground before installation. This ensures that the cages fit perfectly during installation. 

Projects

  • Mumbai Mono Rail Projects
  • Sahar Elevated Access Road
  • Nashik Elevated Corridor
  • Phoenix Mills Market City, Kurla
  • Palais Royal, Mumbai

Group Companies

  • Ready Made Steel
  • Kridhan Infrastructure
  • Kridhan Infra Solutions
  • Kh Foges Pte Ltd (Singapore)
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