Kriti Industries India Ltd
- Market cap
- ₹ 264 Cr.
- P/E
- 93.3x
- P/B
- 1.2x
- 52-week range
- 47.01 – 120.91
- ROE
- 1%
- ROCE
- 7%
- Dividend yield
- 0%
- Debt / equity
- 0.41
- Sector
- Industrial Products
- Industry
- Plastic Products - Industrial
- Listed on
- NSE, BSE
About
Kriti Industries (India) Limited is an India-based company, which is engaged in manufacturing piping products and solution, accessories, gas pipe, telecom ducts, submersible pipes, and casing pipes. Its products comprise Poly Vinyl Chloride (PVC) and Polyethylene (PE) pipes used in the downstream applications of potable water supply, irrigation, building construction and infrastructure. Its agriculture products include RPVC pipe and fittings, elastomeric pipe, HDPE pipe, column pipe, casing pipe, suction pipe, spray pipe, and solvent cement. Its building products include CPVC pipes and fittings, UPVC pipes and fittings, SWR/drainage pipe, garden pipes, water storage tank, and protect solvent cement. Its micro products include in-line drip irrigation system, on-line drip irrigation system, and sprinkler irrigation system. Its industrial solutions products include gas pipe, fiber duct, fiber fly, fiber track, fiber ways, fiberf8, fiber main, fiber micro, and PLB duct.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Plastic Products - Industrial: 78 companies →Kriti Industries India Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)93.3 against a typical 20.5: pricier than most peers (1st = cheapest).68th of 76
- Sales growth−22.7% against a typical +14.5% from a year earlier.52nd of 66
- Profit growth−130.4% against a typical +15.3% from a year earlier.47th of 55
- Share price, 3 months−26.7% against a typical −8.5%.55th of 61
- Size₹ 264.1 Cr. market value against a typical ₹ 104.4 Cr. (1st = largest).18th of 68
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB+ by CARE- CARE expects things to get worse (negative outlook).
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE BBB+ / CARE A2 | Negative | 20 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 20 Aug 2026 | ▼ Outlook cut | CARE BBB+ / CARE A2 Outlook Stable → Negative | — | CARE | ₹ 234.83 Cr. | |
| 1 Oct 2025 | Reaffirmed | CARE BBB+ / CARE A2 | — | CARE | ₹ 256.33 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 11 Aug 2026 | Financial Results/Other business matters | Corporate Announcement u/r 29(1)(a) of SEBI (LODR) Regulations, 2015 read with SEBI (PIT) Regulations, 2015 regarding intimation of holding 02/2026-27 Board Meeting for consideration and approval of the Un-Audited Standalone & Consolidated Financial Results for the Quarter ended 30th June, 2026. |
| 5 May 2026 | Financial Results/Dividend/Other business matters | Corporate Announcement u/r 29(1)(a) of the SEBI (LODR) Regulations, 2015 read with SEBI (PIT) Regulations, 2015 regarding intimation of holding 01/2026-27 Board Meeting for consideration and approval of the Audited Standalone & Consolidated Financial Results for the Quarter/Year ended 31st March, 2026 alongwith Statement of Assets and Liabilities and Cash Flow Statement for the year ended 31st March, 2026 and recommendation of final dividend for the financial year 2025-26 if any. |
| 5 Feb 2026 | Financial Results | Corporate Announcement u/r 29(1)(a) of the SEBI (LODR) Regulations, 2015 read with SEBI (PIT) Regulations, 2015 regarding intimation of holding 05/2025-26 Board Meeting for consideration and approval of the Standalone and Consolidated Unaudited Financial Results for the Quarter and Nine months ended 31st December, 2025. |
| 8 Nov 2025 | Financial Results/Other business matters | Board Meeting to be held on 08-Nov-2025 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2025. |
| 12 Aug 2025 | Financial Results | To consider and approve the Un-Audited Standalone & Consolidated Financial Results for the period ended Jun 30, 2025 |
| 12 Jun 2025 | Fund Raising | 1. To consider Fund Raising by conversion of warrants into the equity shares of the Company, subject to depositing the balance outstanding amount for conversion of warrants into the equity shares of the Company.2. 2. And other general business as may be transacted by the Board. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 150 | 243 | 195 | 257 | 117 | 210 | 138 | 224 | 86 | 136 | 142 | 173 |
| Expenses | 139 | 225 | 181 | 233 | 112 | 211 | 137 | 209 | 90 | 130 | 123 | 168 |
| Operating Profit | 10 | 18 | 14 | 24 | 5 | −1 | 0 | 15 | −4 | 6 | 18 | 5 |
| OPM % | 6.9% | 7.4% | 7.1% | 9.5% | 4.4% | −0.7% | 0.2% | 6.7% | −4.8% | 4.1% | 12.9% | 3.1% |
| Other Income | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | −1 | −2 | 0 |
| Interest | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 5 | 4 | 3 | 3 | 4 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 |
| Profit before tax | 3 | 11 | 6 | 16 | −3 | −10 | −9 | 7 | −11 | −3 | 9 | −3 |
| Tax % | 18% | 25.9% | 41.5% | 15.2% | 22.5% | 3% | −59.3% | 1.1% | −11.8% | −84.9% | 53.8% | −25.1% |
| Net Profit | 3 | 8 | 4 | 14 | −4 | −11 | −4 | 7 | −10 | −0 | 4 | −2 |
| EPS in Rs | 0.51 | 1.6 | 0.73 | 2.79 | −0.72 | −2.2 | −0.72 | 1.38 | −1.84 | −0.09 | 0.76 | −0.42 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 2%
- 5 Years
- 0%
- 3 Years
- −7%
- TTM
- −22%
- 10 Years
- −13%
- 5 Years
- −40%
- 3 Years
- 28%
- TTM
- 46%
- 10 Years
- 6%
- 5 Years
- −15%
- 3 Years
- −14%
- TTM
- —
- 10 Years
- 8%
- 5 Years
- 2%
- 3 Years
- 4%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Kriti Industries India Ltd | ₹ 50.43 | ₹ 264 Cr. | 93.3x | 1.2x | 1% | — |
| Supreme Industries | ₹ 3,450.00 | ₹ 43,824 Cr. | 45.6x | 7.1x | 16.1% | 8.5% |
| Astral | ₹ 1,353.00 | ₹ 36,348 Cr. | 66.9x | 9.1x | 14% | 8.1% |
| PG Electroplast | ₹ 472.00 | ₹ 13,535 Cr. | 90.6x | 5.8x | 6.7% | 3.7% |
| Garware Hi-Tech Films | ₹ 7,037.90 | ₹ 16,351 Cr. | 149.7x | 6.1x | 13.5% | 16% |
| Tega Industries | ₹ 1,721.60 | ₹ 12,919 Cr. | 79x | 3.6x | 5.9% | 8.4% |
Management
- Shiv Singh Mehta
- Executive Chairman of the Board, Managing Director
- Rajesh Sisodia
- Chief Financial Officer
- Aditi Randhar
- Compliance Officer, Company Secretary
- Purnima Mehta
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.