{
  "main_header": {
    "sid": 1003067,
    "name": "Kritika Wires",
    "stock_name": "Kritika Wires",
    "full_name": "Kritika Wires Ltd",
    "name_url": "stocks-analysis/kritika-wires",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "7.51",
    "chg": -0.04,
    "chgp": "-0.53%",
    "dir": -1,
    "prev_price": "7.55",
    "mcapval": "199.98 Cr",
    "mcap": "Micro Cap",
    "scripcode": "",
    "symbol": "KRITIKA",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE00Z501029",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": 82831,
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/kritika-wires-1003067-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Kritika Wires Sees Revision in Market Evaluation Amidst Sector Challenges",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/kritika-wires-downgraded-to-strong-sell-amid-deteriorating-fundamentals-3746382",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/KritikaWires_mojoScore_3746382.png",
        "date": "2025-12-04 11:08:33",
        "description": "Kritika Wires has experienced a revision in its market evaluation, reflecting shifts in key analytical parameters that influence investor perception. The company’s assessment now indicates a more cautious outlook, shaped by recent performance trends and sector dynamics within the Iron & Steel Products industry."
      },
      {
        "title": "Is Kritika Wires overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-kritika-wires-overvalued-or-undervalued-3736717",
        "imagepath": "",
        "date": "2025-11-29 08:38:14",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Current Valuation Metrics and Financial Health</strong></p>\n<p>Kritika Wires trades at a price-to-earnings (PE) ratio of just over 21, which places it in the fair valuation category. Its price-to-book value stands at approximately 2.06, indicating that the market values the company at just over twice its net asset value. The enterprise value to EBITDA ratio is around 21.1, which is relatively high compared to some peers but still within a reasonable range for the sector.</p>\n<p>Return on capital employed (ROCE) and return on equity (ROE) are key indicators of profitability and capital efficiency. Kritika Wires reports a ROCE of 5.3% and an ROE of 9.8%, figures that are modest and suggest room for improvement in generating returns from its capital base. The absence of a dividend yield further..."
      },
      {
        "title": "Why is Kritika Wires falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-kritika-wires-fallingrising-3727112",
        "imagepath": "",
        "date": "2025-11-25 01:39:41",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Performance</strong></p>\n<p>Kritika Wires has experienced significant price depreciation over recent periods. In the past week, the stock has declined by 6.48%, sharply underperforming the Sensex’s marginal fall of 0.21%. Over the last month, the stock’s loss deepened to 11.44%, while the Sensex gained 0.64%. Year-to-date, Kritika Wires has plummeted 34.18%, contrasting starkly with the Sensex’s 9.79% rise. Over the last year, the stock’s return stands at a negative 38.14%, whereas the Sensex has appreciated by 8.58%. Although the stock has outperformed the Sensex over a five-year horizon with a 207.53% gain versus the benchmark’s 98.84%, recent trends indicate a marked deterioration in investor confidence.</p>\n<p><strong>Technical Indicators and Trading Acti..."
      },
      {
        "title": "Is Kritika Wires overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-kritika-wires-overvalued-or-undervalued-3678250",
        "imagepath": "",
        "date": "2025-11-07 08:14:28",
        "description": "As of 6 November 2025, Kritika Wires has moved from a fair to a very attractive valuation grade. The company appears to be undervalued, particularly when considering its key ratios: a PE ratio of 22.91, an EV to EBITDA of 46.81, and a Price to Book Value of 0.22. These figures suggest that the market may not fully recognize the company's potential, especially given its low Price to Book ratio compared to industry peers.\n\nIn comparison to its peers, Kritika Wires stands out with a PEG ratio of 0.00, indicating potential for growth that is not reflected in its current price. For instance, JSW Steel, which is considered expensive, has a PE ratio of 46.66, while Tata Steel, rated as fair, has a PE of 45.59. Despite recent underperformance against the Sensex, with a year-to-date return of -28.66% compared to the Sensex's 7.89%, the long-term outlook remains promising, especially given the company's significant 5..."
      },
      {
        "title": "Why is Kritika Wires falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-kritika-wires-fallingrising-3677633",
        "imagepath": "",
        "date": "2025-11-06 23:43:53",
        "description": "As of 06-Nov, Kritika Wires Ltd is experiencing a decline in its stock price, currently at 8.14, which reflects a decrease of 0.25 or 2.98%. The stock has underperformed its sector by 1.47% today, and it is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 3.21%, and it has seen a significant decline of 39.30% over the past year. Additionally, the company's delivery volume has decreased by 28.85% compared to the 5-day average, suggesting a reduction in investor participation. While the stock is trading at a discount compared to its peers, its profitability has been weak, with a return on capital employed of only 0.5% and a notable decline in profits by 18.1% over the past year.\n\nIn the broader market context, the Sensex has shown a positive return of 7.89% year-to-date, contrasting sharply with Kritika Wires' year-to-date decline of 28.66%. This ..."
      },
      {
        "title": "Are Kritika Wires latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-kritika-wires-latest-results-good-or-bad-3673896",
        "imagepath": "",
        "date": "2025-11-05 19:15:41",
        "description": "Kritika Wires has reported its financial results for the quarter ending September 2025, revealing a complex operational landscape. The company recorded net sales of ₹179.63 crores, reflecting a year-on-year growth of 13.26%, but a sequential decline of 13.16% from the previous quarter. This suggests potential demand volatility in the steel wire segment, as the company struggles to maintain consistent sales momentum.\n\nNet profit for the same quarter stood at ₹1.14 crores, which represents a significant year-on-year drop of 53.28% and a sequential decline of 17.39%. The profit after tax (PAT) margin has compressed to 0.63%, down from 1.54% a year ago, indicating challenges in cost management and pricing power amidst competitive pressures.\n\nWhile the operating profit margin improved to 2.79%, marking the highest level in recent quarters, it remains below the levels achieved in earlier periods, suggesting that ..."
      },
      {
        "title": "How has been the historical performance of Kritika Wires?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-kritika-wires-3672216",
        "imagepath": "",
        "date": "2025-11-04 22:57:28",
        "description": "Answer:\nThe historical performance of Kritika Wires shows significant fluctuations in key financial metrics over the years.\n\nBreakdown:\nKritika 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'..."
      },
      {
        "title": "Kritika Wires Q2 FY26: Margin Pressures Mount Despite Revenue Growth",
        "link": "https://www.marketsmojo.com/news/result-analysis/kritika-wires-q2-fy26-margin-pressures-mount-despite-revenue-growth-3671769",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/KritikaWires_quaterlyResult_3671769.png",
        "date": "2025-11-04 20:18:30",
        "description": "Kritika Wires Ltd., a Kolkata-based manufacturer and exporter of industrial steel wires and galvanised wires, reported a challenging Q2 FY26 performance with net profit declining to ₹1.14 crores, down 17.39% quarter-on-quarter and 53.28% year-on-year. The micro-cap company, with a market capitalisation of ₹228.00 crores, continues to grapple with margin compression despite achieving revenue growth, raising concerns about operational efficiency and profitability sustainability."
      },
      {
        "title": "Why is Kritika Wires falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-kritika-wires-fallingrising-3587126",
        "imagepath": "",
        "date": "2025-10-01 23:47:02",
        "description": "As of 01-Oct, Kritika Wires Ltd is currently priced at 8.66, reflecting an increase of 0.2 or 2.36%. Despite this positive movement today, the stock has experienced a significant decline over the past year, with a return of -51.16%. In today's trading, Kritika Wires outperformed its sector by 1.9%, although it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has seen a rise in investor participation, with a delivery volume increase of 10.48% compared to the 5-day average. However, the company has a weak long-term fundamental strength, indicated by a -10.67% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 3.43 times, which suggests low profitability and ability to service debt.\n\nIn the broader market context, Kritika Wires has underperformed the benchmark Sensex, which has gained 5.04% year-to-date, while Kritika Wires ha..."
      }
    ],
    "total": 114,
    "sid": "1003067",
    "stock_news_url": "https://www.marketsmojo.com/news/kritika-wires-1003067"
  },
  "announcements": [
    {
      "details": "Kritika Wires Limited has informed the Exchange regarding Board meeting held on November 14, 2019.",
      "source": "NSE",
      "caption": "Kritika Wires Limited - Outcome of Board Meeting",
      "datetime": "15-Nov-2019"
    },
    {
      "details": "Kritika Wires Limited has informed the Exchange regarding Statement of deviation(s) or variation(s) under Reg. 32 of SEBI (LODR) Regulations 2015",
      "source": "NSE",
      "caption": "Kritika Wires Limited - Statement of deviation(s) or variation(s) under Reg. 32",
      "datetime": "22-Oct-2019"
    },
    {
      "details": "Kritika Wires Limited has informed the Exchange regarding 'Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018'.",
      "source": "NSE",
      "caption": "Kritika Wires Limited - Updates",
      "datetime": "18-Oct-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Kritika Wires Ltd has declared <strong>5%</strong> dividend, ex-date: 21 Jul 22",
          "dt": "2022-07-21",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Kritika Wires Ltd has announced <strong>2:10</strong> stock split, ex-date: 30 Aug 22",
          "dt": "2022-08-30",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "Kritika Wires Ltd has announced <strong>2:1</strong> bonus issue, ex-date: 19 Dec 23",
          "dt": "2023-12-19",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Kritika Wires Sees Revision in Market Evaluation Amidst Sector Challenges

2025-12-04 11:08:33

Kritika Wires has experienced a revision in its market evaluation, reflecting shifts in key analytical parameters that influence investor perception. The company’s assessment now indicates a more cautious outlook, shaped by recent performance trends and sector dynamics within the Iron & Steel Products industry.

Read More

Is Kritika Wires overvalued or undervalued?

2025-11-29 08:38:14

Current Valuation Metrics and Financial Health

Kritika Wires trades at a price-to-earnings (PE) ratio of just over 21, which places it in the fair valuation category. Its price-to-book value stands at approximately 2.06, indicating that the market values the company at just over twice its net asset value. The enterprise value to EBITDA ratio is around 21.1, which is relatively high compared to some peers but still within a reasonable range for the sector.

Return on capital employed (ROCE) and return on equity (ROE) are key indicators of profitability and capital efficiency. Kritika Wires reports a ROCE of 5.3% and an ROE of 9.8%, figures that are modest and suggest room for improvement in generating returns from its capital base. The absence of a dividend yield further...

Read More

Why is Kritika Wires falling/rising?

2025-11-25 01:39:41

Recent Price Movement and Market Performance

Kritika Wires has experienced significant price depreciation over recent periods. In the past week, the stock has declined by 6.48%, sharply underperforming the Sensex’s marginal fall of 0.21%. Over the last month, the stock’s loss deepened to 11.44%, while the Sensex gained 0.64%. Year-to-date, Kritika Wires has plummeted 34.18%, contrasting starkly with the Sensex’s 9.79% rise. Over the last year, the stock’s return stands at a negative 38.14%, whereas the Sensex has appreciated by 8.58%. Although the stock has outperformed the Sensex over a five-year horizon with a 207.53% gain versus the benchmark’s 98.84%, recent trends indicate a marked deterioration in investor confidence.

Technical Indicators and Trading Acti...

Read More

Is Kritika Wires overvalued or undervalued?

2025-11-07 08:14:28

As of 6 November 2025, Kritika Wires has moved from a fair to a very attractive valuation grade. The company appears to be undervalued, particularly when considering its key ratios: a PE ratio of 22.91, an EV to EBITDA of 46.81, and a Price to Book Value of 0.22. These figures suggest that the market may not fully recognize the company's potential, especially given its low Price to Book ratio compared to industry peers. In comparison to its peers, Kritika Wires stands out with a PEG ratio of 0.00, indicating potential for growth that is not reflected in its current price. For instance, JSW Steel, which is considered expensive, has a PE ratio of 46.66, while Tata Steel, rated as fair, has a PE of 45.59. Despite recent underperformance against the Sensex, with a year-to-date return of -28.66% compared to the Sensex's 7.89%, the long-term outlook remains promising, especially given the company's significant 5...

Read More

Why is Kritika Wires falling/rising?

2025-11-06 23:43:53

As of 06-Nov, Kritika Wires Ltd is experiencing a decline in its stock price, currently at 8.14, which reflects a decrease of 0.25 or 2.98%. The stock has underperformed its sector by 1.47% today, and it is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 3.21%, and it has seen a significant decline of 39.30% over the past year. Additionally, the company's delivery volume has decreased by 28.85% compared to the 5-day average, suggesting a reduction in investor participation. While the stock is trading at a discount compared to its peers, its profitability has been weak, with a return on capital employed of only 0.5% and a notable decline in profits by 18.1% over the past year. In the broader market context, the Sensex has shown a positive return of 7.89% year-to-date, contrasting sharply with Kritika Wires' year-to-date decline of 28.66%. This ...

Read More

Are Kritika Wires latest results good or bad?

2025-11-05 19:15:41

Kritika Wires has reported its financial results for the quarter ending September 2025, revealing a complex operational landscape. The company recorded net sales of ₹179.63 crores, reflecting a year-on-year growth of 13.26%, but a sequential decline of 13.16% from the previous quarter. This suggests potential demand volatility in the steel wire segment, as the company struggles to maintain consistent sales momentum. Net profit for the same quarter stood at ₹1.14 crores, which represents a significant year-on-year drop of 53.28% and a sequential decline of 17.39%. The profit after tax (PAT) margin has compressed to 0.63%, down from 1.54% a year ago, indicating challenges in cost management and pricing power amidst competitive pressures. While the operating profit margin improved to 2.79%, marking the highest level in recent quarters, it remains below the levels achieved in earlier periods, suggesting that ...

Read More

How has been the historical performance of Kritika Wires?

2025-11-04 22:57:28

Answer: The historical performance of Kritika Wires shows significant fluctuations in key financial metrics over the years. Breakdown: 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'...

Read More

Kritika Wires Q2 FY26: Margin Pressures Mount Despite Revenue Growth

2025-11-04 20:18:30

Kritika Wires Ltd., a Kolkata-based manufacturer and exporter of industrial steel wires and galvanised wires, reported a challenging Q2 FY26 performance with net profit declining to ₹1.14 crores, down 17.39% quarter-on-quarter and 53.28% year-on-year. The micro-cap company, with a market capitalisation of ₹228.00 crores, continues to grapple with margin compression despite achieving revenue growth, raising concerns about operational efficiency and profitability sustainability.

Read More

Why is Kritika Wires falling/rising?

2025-10-01 23:47:02

As of 01-Oct, Kritika Wires Ltd is currently priced at 8.66, reflecting an increase of 0.2 or 2.36%. Despite this positive movement today, the stock has experienced a significant decline over the past year, with a return of -51.16%. In today's trading, Kritika Wires outperformed its sector by 1.9%, although it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has seen a rise in investor participation, with a delivery volume increase of 10.48% compared to the 5-day average. However, the company has a weak long-term fundamental strength, indicated by a -10.67% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 3.43 times, which suggests low profitability and ability to service debt. In the broader market context, Kritika Wires has underperformed the benchmark Sensex, which has gained 5.04% year-to-date, while Kritika Wires ha...

Read More

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