Kritika Wires

Why is Kritika Wires Ltd falling/rising?

As of 08-Jun, Kritika Wires Ltd's stock price is at 6.01, down 1.15%, with significant underperformance over the year, including a 40.61% decline. The company's weak financials, including a 24.8% drop in profits and a high debt-to-EBITDA ratio, indicate ongoing bearish trends despite some positive indicators.

As of 08-Jun, Kritika Wires Ltd's stock price is falling, currently at 6.01, reflecting a change of -0.07 or -1.15%. The stock has underperformed significantly over various time periods, with a year-to-date decline of -18.34% compared to the Sensex's -11.51%. Over the past year, the stock has plummeted by -40.61%, while the broader market (BSE500) only saw a decline of -4.58%. <BR><BR>The company's financial performance has also been weak, with profits falling by -24.8% over the past year. Recent results indicate a negative trend, as the profit after tax for the latest six months decreased by -33.33%, and the return on capital employed (ROCE) was reported at a low of 8.61%. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. <BR><BR>Despite some positive factors, such as a rising delivery volume and attractive valuation metrics, the overall long-term fundamentals appear weak, characterized by a high debt-to-EBITDA ratio of 3.94 times and poor growth in operating profit. These factors contribute to the stock's current downward trajectory.

Which are the latest news on Kritika Wires?

Should I buy, sell or hold Kritika Wires Ltd?

Are Kritika Wires Ltd latest results good or bad?

Kritika Wires Ltd's latest results show a mixed picture: while net profit rose 25.77% quarter-on-quarter to ₹2.05 crores, it fell 39.71% year-on-year, and net sales dropped 38.66% year-on-year, indicating significant operational challenges and declining profitability. Overall, the results suggest the company is struggling with demand and competitive positioning.

The latest results for Kritika Wires Ltd indicate a challenging situation for the company. In Q4 FY26, the net profit increased by 25.77% quarter-on-quarter to ₹2.05 crores, which is a positive sign. However, this figure represents a significant decline of 39.71% compared to the same quarter last year. <BR><BR>On the revenue side, net sales fell to ₹146.70 crores, marking an 8.96% decrease from the previous quarter and a staggering 38.66% drop year-on-year. This decline in sales is particularly concerning as it reflects the lowest quarterly revenue in over a year and signals ongoing demand challenges.<BR><BR>While the operating margin showed a slight improvement to 2.09%, it remains low compared to industry standards, indicating that the company is struggling with profitability. The overall financial performance suggests that Kritika Wires is facing significant operational challenges, with persistent revenue declines and margin compression raising concerns about its competitive positioning and future growth prospects.<BR><BR>In summary, while there are some positive aspects in terms of net profit growth, the overall results are more indicative of a company in distress, grappling with declining sales and profitability.

Is Kritika Wires overvalued or undervalued?

As of November 28, 2025, Kritika Wires is fairly valued with a PE ratio of 21.06 and has underperformed the Sensex with a year-to-date return of -34.44%, indicating limited potential for strong returns compared to its peers.

As of 28 November 2025, Kritika Wires has moved from an attractive to a fair valuation grade. The company is currently assessed as fairly valued, with a PE ratio of 21.06, an EV to EBITDA of 21.11, and a ROE of 9.76%. In comparison to its peers, JSW Steel maintains a higher PE ratio of 46.41, while Tata Steel is rated attractive with a PE of 28.15, indicating that Kritika Wires is positioned more conservatively within its industry.<BR><BR>Despite its fair valuation, Kritika Wires has underperformed significantly against the Sensex, with a year-to-date return of -34.44% compared to the Sensex's 10.82%. This underperformance, alongside its current ratios, suggests that while the stock may not be undervalued, it is not positioned to deliver strong returns in the near term relative to its peers.

How has been the historical performance of Kritika Wires?

Kritika Wires has shown significant growth in net sales and total assets, increasing from 134.90 Cr in Mar'21 to 744.98 Cr in Mar'25. However, profitability metrics have fluctuated, with operating profit declining and net cash outflow reported in Mar'25.

Answer:<BR>The historical performance of Kritika Wires shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Kritika Wires has experienced a notable increase in net sales, rising from 134.90 Cr in Mar'21 to 744.98 Cr in Mar'25. Total operating income followed a similar trend, reaching 744.98 Cr in Mar'25, compared to 431.74 Cr in Mar'24 and 282.30 Cr in Mar'23. However, total expenditure also increased, amounting to 736.03 Cr in Mar'25, which resulted in an operating profit of 8.95 Cr, down from 12.99 Cr in Mar'24. Profit before tax showed a slight increase to 14.80 Cr in Mar'25 from 13.82 Cr in Mar'24, while profit after tax decreased to 10.13 Cr in Mar'25 from 10.40 Cr in Mar'24. The company's total assets grew to 179.63 Cr in Mar'25, up from 152.29 Cr in Mar'24, with total liabilities also increasing to 179.63 Cr. Cash flow from operating activities decreased to 6.00 Cr in Mar'25 from 13.00 Cr in Mar'24, contributing to a net cash outflow of 15.00 Cr in Mar'25. Overall, while Kritika Wires has shown growth in sales and assets, profitability metrics have fluctuated, indicating a complex financial landscape.

How big is Kritika Wires?

As of 24th July, Kritika Wires Ltd has a market capitalization of 256.00 Cr, with recent net sales of 744.98 Cr and a net profit of 10.13 Cr. The balance sheet for March 2024 shows shareholder's funds of 84.34 Cr and total assets of 152.29 Cr.

As of 24th July, Kritika Wires Ltd has a market capitalization of 256.00 Cr, classifying it as a Micro Cap company.<BR><BR>In the latest four quarters, Kritika Wires reported Net Sales of 744.98 Cr and a Net Profit of 10.13 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 84.34 Cr and Total Assets of 152.29 Cr.

What does Kritika Wires do?

Kritika Wires Ltd is a micro-cap company in the Iron & Steel Products industry, specializing in manufacturing and exporting industrial steel and galvanized wires. As of March 2025, it reported net sales of ₹2,392 Cr and a net profit of ₹34 Cr, with a market cap of ₹263 Cr.

Overview: <BR>Kritika Wires Ltd is a micro-cap company operating in the Iron & Steel Products industry, primarily engaged in the manufacturing, exporting, and supplying of industrial steel wires and galvanized wires.<BR><BR>History: <BR>Kritika Wires Ltd was originally incorporated as a Private Limited Company on May 31, 2004, and later converted into a Public Limited Company on May 03, 2018. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 2,392 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 34 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 263 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 26.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.43 <BR>Return on Equity: 10.73% <BR>Price to Book: 2.79 <BR><BR>Contact Details: <BR>Address: 1 A, Bonfield Lane Mezanine Floor, None, None, Kolkata West Bengal : 700001 <BR>Tel: 033-40037817 <BR>Email: compliance@kritikawires.com <BR>Website: www.kritikawires.com

Who are the top shareholders of the Kritika Wires?

The top shareholders of Kritika Wires include Gunnayak Commercial Private Limited, which holds 16.32% of the shares, and individual investors who collectively own 29.4%. There are no mutual funds or foreign institutional investors currently holding shares in the company.

The top shareholders of Kritika Wires primarily consist of its promoters. The largest promoter is Gunnayak Commercial Private Limited, which holds 16.32% of the shares. Additionally, individual investors collectively hold 29.4% of the company's shares. There are currently no mutual funds or foreign institutional investors holding shares in Kritika Wires.

Who are the peers of the Kritika Wires?

Kritika Wires' peers include Vibhor Steel, Shah Metacorp, Kataria Indust., and others, with varying management risks and growth rates. Kritika Wires has the lowest 1-year return at -51.36%, significantly underperforming compared to its peers.

Peers: The peers of Kritika Wires are Vibhor Steel, Shah Metacorp, Kataria Indust., Incredible Indus, Rathi Steel, India Steel, Suraj Products, Ahm. Steelcraft, Rudra Global, and Rajas. Tube Mfg.<BR><BR>Quality Snapshot: Below Average management risk is observed at Vibhor Steel, Kritika Wires, Shah Metacorp, Incredible Indus, India Steel, Ahm. Steelcraft, and Rudra Global, while Good management risk is found at Kataria Indust. and Suraj Products. Average management risk is noted at Rathi Steel and Rajas. Tube Mfg. Growth is Excellent at Ahm. Steelcraft, Average at Vibhor Steel, Kataria Indust., and Suraj Products, and Below Average at Kritika Wires, Shah Metacorp, Incredible Indus, Rathi Steel, India Steel, and Rudra Global. Capital Structure is Good at Suraj Products, Average at Kataria Indust., and Below Average at the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Incredible Indus at -2.71%, while Kritika Wires has the lowest at -51.36%. This indicates that Kritika Wires' return is significantly worse than its peers. Additionally, Vibhor Steel, Shah Metacorp, Kataria Indust., Rathi Steel, India Steel, and Rudra Global all have negative six-month returns.

What is the technical trend for Kritika Wires?

As of April 15, 2025, Kritika Wires shows a mildly bearish trend overall, with mixed signals from indicators like MACD, RSI, and Bollinger Bands reflecting divergence between short-term optimism and long-term caution.

As of 15 April 2025, the technical trend for Kritika Wires has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The RSI shows no signal on the weekly timeframe but is bullish on the monthly, suggesting potential strength over a longer period. Bollinger Bands are bullish weekly but mildly bearish monthly, reflecting short-term optimism and longer-term caution. Daily moving averages are mildly bearish, reinforcing the overall mildly bearish stance. KST and Dow Theory both indicate mildly bullish on the weekly and mildly bearish on the monthly, adding to the mixed outlook. Overall, the current technical stance is mildly bearish, with key indicators showing divergence between short-term and long-term trends.

Who are in the management team of Kritika Wires?

As of March 2018, the management team of Kritika Wires includes Naresh Kumar Agarwal (Chairman), Hanuman Prasad Agarwal (Managing Director), and several directors, including independent and additional independent directors, overseeing the company's operations and strategy.

As of March 2018, the management team of Kritika Wires includes:<BR><BR>1. Naresh Kumar Agarwal - Chairman & Wholetime Director<BR>2. Hanuman Prasad Agarwal - Managing Director<BR>3. Ankush Agarwal - Whole-time Director<BR>4. Sanjeev Binani - Non Executive Director<BR>5. Rajesh Kumar Choudhary - Independent Director<BR>6. Radhika Vyas - Independent Director<BR>7. Mahesh Kumar Sharma - Company Secretary<BR>8. Shiv Kumar Saraff - Additional Independent Director<BR>9. Niraj Jindal - Additional Independent Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

When is the next results date for Kritika Wires?

No Upcoming Board Meetings

What is the bonus history of the Kritika Wires?

Kritika Wires has announced a 2:1 bonus issue effective December 19, 2023, meaning shareholders will receive one additional share for each share held. The record date and ex-date for this bonus issue are also December 19, 2023.

Kritika Wires has a recent bonus history that includes a 2:1 bonus issue, which is set to take effect on December 19, 2023. This means that for every one share held, shareholders will receive an additional share. The record date and ex-date for this bonus issue are both the same, December 19, 2023. If you have any more questions about Kritika Wires or need further details, feel free to ask!

Has Kritika Wires declared dividend?

Kritika Wires Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of July 21, 2022. Despite this, the dividend yield is 0%, and total returns have varied significantly, showing negative returns in the short term but positive returns over longer periods.

Kritika Wires Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 21 Jul 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -23.4%, the dividend return was 0%, resulting in a total return of -23.4%.<BR><BR>For the 1-year period, the price return was -49.98%, with a dividend return of 0%, leading to a total return of -49.98%.<BR><BR>Over the 2-year period, the price return was 59.42%, the dividend return was 0%, which culminated in a total return of 59.42%.<BR><BR>In the 3-year period, the price return was 111.15%, the dividend return was 9.43%, resulting in a total return of 120.58%.<BR><BR>For the 4-year period, the price return was 331.45%, the dividend return was 23.26%, leading to a total return of 354.71%.<BR><BR>In the 5-year period, the price return was 365.99%, with a dividend return of 20.49%, culminating in a total return of 386.48%.<BR><BR>Overall, Kritika Wires has declared a dividend, but the dividend yield remains at 0%. The total returns show significant variability, with positive returns over longer periods despite recent declines in shorter time frames.