KRITIIndustrials

Kriti Industries (India) Limited

Plastic Products - Industrial · ISIN INE479D01038 · BSE 526423 · NSE EQ · FV ₹1
Last price
₹60
-3.17%today
What this company does

Kriti Industries (India) Limited operates in Plastic Products - Industrial, part of the Industrials sector. It booked ₹173 cr of revenue in its latest quarter (Q1 FY27) and kept -1.3% of sales as profit.

In the report:
44out of 100
Equitytale Health Score
Strained

Healthier than 44% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 166–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
36

At close. Not part of the score.

Profitability & returns10

How much profit it earns on the money it employs

Balance sheet26

How much it owes, and whether earnings cover the interest

Cash quality72

Whether reported profit actually arrives as cash

Growth & consistency34

Whether sales and profit have grown, and how steadily

Valuation69

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Some things to watch
Strengths
Promoters hold 69%
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -1.3% net margin
! Sales down 23% vs last year
! Low -4.0% return on equity
! Operating cash flow is negative

What if I invest in KRITI?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹60 -3.17%
latest close · 2026-09-17
1-year return
+566.1%
52-wk low ₹752-wk high ₹146
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio1.42Moderate
Below bookModerateHigh
EV / EBITDA17.7High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-4.0%Loss
WeakFairStrong ▸15%
Return on capital1.4%Weak
WeakFairStrong
Net margin-1.3%Loss
ThinDecentStrong
EBITDA margin3.3%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.41Comfortable
LowModerateHigh ▸1
Interest cover0.2×Risky
RiskyOkayStrong ▸5×
Current ratio1.26Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹316 cr
Book value
₹42
EPS
₹-0.42
latest quarter
Net debt
₹86 cr
owes more than its cash
Enterprise value
₹402 cr
EBITDA
₹23 cr
annualised
EBIT
₹4 cr
annualised
Operating margin
0.5%
Return on assets
-1.8%
Earnings yield
P/S
0.46
Sales / share
₹131.4
Tax rate
Face value
₹1
Shares
5.3 cr
Working capital
₹57 cr
Current assets
₹276 cr
Current liabilities
₹220 cr
Delivery %
78.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹5₹5, midpoint ₹5

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹173 cr
Other Income₹35.9 L
Total Income₹173 cr
Cost of Materials₹73 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹71 cr
Employee Benefit Expense₹9 cr
Finance Costs₹4 cr
Depreciation & Amortisation₹5 cr
Other Expenses₹15 cr
Total Expenses₹176 cr
Profit before Tax₹-3 cr
Tax Expense₹-71.4 L
Share of JV / Associates₹-5.7 L
Net Profit₹-2 cr
Net margin on total income-1.3%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹144 cr81.4%
Employee benefit expense₹9 cr5.1%
Finance costs₹4 cr2.2%
Depreciation & amortisation₹5 cr2.7%
Other expenses₹15 cr8.6%
Total income ₹173 cr

The company made a net loss of ₹2 cr this quarter — income covered only 98 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue136 cr142 cr173 cr
Total income136 cr144 cr173 cr
Expenses138 cr131 cr176 cr
Profit before tax-3 cr9 cr-3 cr
Tax-2 cr5 cr-71.4 L
Net profit (owners' share)-46.6 L4 cr-2 cr
Net margin (owners' share, on revenue)-0.3%2.8%-1.3%
EPS (₹)-0.090.76-0.42
YoY (latest quarter): total income -22.8% · net profit
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹483 cr
Shareholder equity
₹222 cr
parent shareholders
Total debt
₹91 cr
Cash
₹5 cr
Cash flow · H1 FY26
Operating
₹-5 cr
Investing
₹-5 cr
Financing
₹11 cr
Peer comparison
Plastic Products - Industrial · by market value
CompanyPriceMarket capP/E
Supreme Industries Limited₹3,344₹42,491 cr37.8
Astral Limited₹1,399₹37,630 cr78.2
Garware Hi-Tech Films Limited₹6,503₹15,105 cr28.5
Finolex Industries Limited₹154₹9,549 cr20.9
Time Technoplast Limited₹175₹8,615 cr18.6
Kingfa Science & Technology (India) Limited₹5,856₹7,935 cr24.7
Prince Pipes And Fittings Limited₹259₹2,860 cr21.2
Apollo Pipes Limited₹526₹2,316 cr
Jain Irrigation Systems Limited₹30₹2,216 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.2
ex 11 Jun 2024
ActionDetailEx-date
Dividend₹0.2 / share11 Jun 2024
Dividend₹0.2 / share8 Aug 2022
Dividend₹0.2 / share29 Jul 2021
Dividend₹0.15 / share30 Jul 2020
Dividend₹0.15 / share6 Aug 2019
Dividend₹0.15 / share23 Jul 2018
Who owns it · 2026-06-30
No pledge
Promoter
69.1%
FII / Foreign
0.1%
DII / Domestic
0.0%
Retail / others
30.9%
Promoter stake up 2.7% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtPURNIMA MEHTA · Promoter Group1.38 L · ₹1.1 cr16 Mar 26
BoughtPURNIMA MEHTA · Promoter Group49,900 · ₹39.9 L13 Mar 26
BoughtSANGITA BAFNA · -30,164 · ₹25.2 L10 Feb 26
Bulk / block deals
BoughtNIK COMP PRIVATE LIMITED · NSE2.83 L @ ₹66.519 Aug 26
SoldANANT MOHTA · NSE2.82 L @ ₹66.519 Aug 26
BoughtMULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED · NSE2.65 L @ ₹167.6718 Jun 24
Stake changes
SoldSakam Trading Private Limited · promoter→ 0.00% · 15.77 L27 Jan 26
BoughtKriti Nutrients Limited · promoter→ 6.34% · 15.92 L12 Jun 25
BoughtKriti Nutrients Limited along with PAC · promoter→ 3.32% · 15.00 L11 Feb 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 12 Aug 2026
See the official result
1
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements containing the Balance Sheet as at 31st March, 2026, the Statement of Profit & Loss, Cash Flow and Change in Equity and notes thereto of the Company for the Financial Year ended 31st March 2026 and the reports of the Board of directors and Auditors thereon as on that date
Backed by 98% of shareholders other than promotersneeded 50%
58,892 votes for, 1,206 against
2
To appoint Shri Shiv Singh Mehta (DIN 00023523), who retires by rotation, as a director in terms of Section 152(6) of the Companies Act, 2013, at this Annual General Meeting and being eligible offers himself for re-appointment
Backed by 97% of shareholders other than promotersneeded 50%
58,492 votes for, 1,606 against
3
To ratify the remuneration of the Cost Auditor for the Financial Year 2026-27
Backed by 98% of shareholders other than promotersneeded 50%
58,721 votes for, 1,377 against
4
To confirm the Re-appointment and to fix the remuneration of Mr. Shiv Singh Mehta (DIN: 00023523) as Chairman and Managing Director of the Company
Backed by 97% of shareholders other than promotersneeded 75%
58,492 votes for, 1,606 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 6 named members
owning 69.1% between them · as of 2026-06-30
SAKAM TRADING PRIVATE LIMITED57.83%
KRITI NUTRIENTS LTD6.24%
SHIV SINGH MEHTA3.92%
PURNIMA MEHTA0.94%
DEVKI MEHTA0.07%
SAURABH MEHTA0.06%
Business done with them
FY2025 · 4 of the group
The company paid ₹10 cr to companies in the promoter group last year — about 1.4% of its ₹722 cr revenue and received ₹2.6 L back from them.
KRITI NUTRIENTS LIMITED
Transfers Under License Agreements From Entity · DEPB LICENSE PURCHASED AND SALE OF CONSUMABLE ITEMS,interest paid, unsecured loan taken
also owns 6.24% of the company
₹7 cr
company received
PURNIMA MEHTA
Transfers Under Finance Agreements To Entity · REMUNERATION PAID, LOAN TAKEN AND INTEREST PAID
also owns 0.94% of the company
₹2 cr
company paid
KRITI NUTRIENTS LIMITED
Other payments to them · DEPB LICENSE PURCHASED AND SALE OF CONSUMABLE ITEMS,interest paid, unsecured loan taken
also owns 6.24% of the company
₹2 cr
company paid
SAURABH MEHTA
Transfers Under Finance Agreements To Entity · REMUNERATION UNSECURED LOAN TAKEN AND INTEREST GIVEN
also owns 0.06% of the company
₹2 cr
company paid
SHIV SINGH MEHTA
Transfers Under Finance Agreements To Entity · REMUNERATION PAID, LOAN TAKEN AND INTEREST PAID
also owns 3.92% of the company
₹1 cr
company paid
SHIV SINGH MEHTA
Paid them for services · REMUNERATION PAID, LOAN TAKEN AND INTEREST PAID
also owns 3.92% of the company
₹73.2 L
company paid
PURNIMA MEHTA
Paid them for services · REMUNERATION PAID, LOAN TAKEN AND INTEREST PAID
also owns 0.94% of the company
₹59.8 L
company paid
KRITI NUTRIENTS LIMITED
Bought goods from them · DEPB LICENSE PURCHASED AND SALE OF CONSUMABLE ITEMS,interest paid, unsecured loan taken
also owns 6.24% of the company
₹48.2 L
company paid
SHIV SINGH MEHTA
Other payments to them · REMUNERATION PAID, LOAN TAKEN AND INTEREST PAID
also owns 3.92% of the company
₹38.7 L
company paid
SAURABH MEHTA
Other payments to them · REMUNERATION UNSECURED LOAN TAKEN AND INTEREST GIVEN
also owns 0.06% of the company
₹17 L
company paid
PURNIMA MEHTA
Other payments to them · REMUNERATION PAID, LOAN TAKEN AND INTEREST PAID
also owns 0.94% of the company
₹16.3 L
company paid
KRITI NUTRIENTS LIMITED
Sold goods to them · DEPB LICENSE PURCHASED AND SALE OF CONSUMABLE ITEMS,interest paid, unsecured loan taken
also owns 6.24% of the company
₹2.6 L
company received
SAURABH MEHTA
Paid them for services · REMUNERATION UNSECURED LOAN TAKEN AND INTEREST GIVEN
also owns 0.06% of the company
₹1.2 L
company paid
SHIV SINGH MEHTA
Leases As Lessee · REMUNERATION PAID, LOAN TAKEN AND INTEREST PAID
also owns 3.92% of the company
₹0.28 L
company received

The company also transacted with 1 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

Money raised in Jun 2025 by selling shares to selected investors

As of Mar 2026, the company says it has spent 0% of what it set aside. CARE Ratings Limited watches the spending on the exchange’s behalf.

Capital expenditure for expansion of capacity by adding new manufacturing lines for Pipes, both at the existing location in Pithampur District Dhar, Madhya Pradesh and also at a new location (s), which is under consideration, including upgradation of the existing facilities–upto ?80 Crores
0%
of what was set aside
Working Capital of the both for the existing business and the proposed new facilities at the new location, 40 Crores
0%
of what was set aside
for other general corporate purposes and purposes permitted by applicable laws - upto 30 Crores
0%
of what was set aside
Spent by quarter: 0%5%0% (to Mar 2026) · 1 earlier quarter is left out because the company restated its figures

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

₹18 cr raised in Feb 2025 by selling shares to selected investors

As of Mar 2025, the company says it has spent 8% of what it set aside. CARE Ratings Limited watches the spending on the exchange’s behalf.

Capital expenditure for expansion of capacity by adding new manufacturing lines for Pipes, both at the existing location in Pithampur District Dhar, Madhya Pradesh and also at a new location (s), which is under consideration, including upgradation of the existing facilities–upto ₹80 Crores
2%
of what was set aside
Working Capital of the both for the existing business and the proposed new facilities at the new location, ₹ 40 Crores
27%
of what was set aside
for other general corporate purposes and purposes permitted by applicable laws - upto ₹ 30 Crores
0%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.