Kriti Industries (India) Limited manufactures and sells plastic products in India.
Solid track record with adequate balance sheet.
Share Price & News
How has Kriti Industries (India)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 526423's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 526423 underperformed the Indian Building industry which returned 13.1% over the past year.
Return vs Market: 526423 underperformed the Indian Market which returned 9.5% over the past year.
Price Volatility Vs. Market
How volatile is Kriti Industries (India)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Kriti Industries (India) undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 526423 (₹20.4) is trading above our estimate of fair value (₹1.35)
Significantly Below Fair Value: 526423 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 526423 is good value based on its PE Ratio (8.3x) compared to the Building industry average (11.5x).
PE vs Market: 526423 is good value based on its PE Ratio (8.3x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 526423's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 526423 is overvalued based on its PB Ratio (1.1x) compared to the IN Building industry average (0.9x).
How is Kriti Industries (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kriti Industries (India) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Check out Kriti Industries (India)'s track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Kriti Industries (India) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Kriti Industries (India) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 526423 has high quality earnings.
Growing Profit Margin: 526423's current net profit margins (2%) are higher than last year (1.2%).
Past Earnings Growth Analysis
Earnings Trend: 526423's earnings have grown by 11.7% per year over the past 5 years.
Accelerating Growth: 526423's earnings growth over the past year (80%) exceeds its 5-year average (11.7% per year).
Earnings vs Industry: 526423 earnings growth over the past year (80%) exceeded the Building industry 1.6%.
Return on Equity
High ROE: 526423's Return on Equity (13.8%) is considered low.
Return on Assets
Return on Capital Employed
How is Kriti Industries (India)'s financial position?
Financial Position Analysis
Short Term Liabilities: 526423's short term assets (₹2.5B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: 526423's short term assets (₹2.5B) exceed its long term liabilities (₹468.8M).
Debt to Equity History and Analysis
Debt Level: 526423's debt to equity ratio (79.5%) is considered high.
Reducing Debt: 526423's debt to equity ratio has reduced from 93.9% to 79.5% over the past 5 years.
Debt Coverage: 526423's debt is well covered by operating cash flow (25%).
Interest Coverage: 526423's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Inventory Level: 526423 has a high level of physical assets or inventory.
Debt Coverage by Assets: 526423's debt is covered by short term assets (assets are 3.5x debt).
What is Kriti Industries (India)'s current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 526423's dividend (0.74%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).
High Dividend: 526423's dividend (0.74%) is low compared to the top 25% of dividend payers in the Indian market (2.59%).
Stability and Growth of Payments
Stable Dividend: 526423's dividend payments have been volatile in the past 10 years.
Growing Dividend: 526423's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (6.1%), 526423's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Shiv Mehta (65yo)
Mr. Shiv Singh Mehta, B.E., MBA is a Co-Founder of Kriti Industries (India) Ltd. and serves as its Managing Director. Mr. Mehta has been Managing Director of Kriti Industries (India), Solvent Division (AKS ...
CEO Compensation Analysis
Compensation vs Market: Shiv's total compensation ($USD64.48K) is about average for companies of similar size in the Indian market ($USD50.06K).
Compensation vs Earnings: Shiv's compensation has been consistent with company performance over the past year.
|Chairman & MD||0yrs||₹4.63m||4.09% ₹41.4m|
|Whole-Time Director||8.4yrs||₹3.29m||0.25% ₹2.6m|
|Independent & Non-Executive Director||13.7yrs||₹105.00k||no data|
|Independent & Non-Executive Director||13.7yrs||₹105.00k||no data|
|Additional Director||2yrs||₹100.00k||0.061% ₹620.6k|
|Independent & Non-Executive Director||3.8yrs||₹100.00k||no data|
Experienced Board: 526423's board of directors are considered experienced (8.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kriti Industries (India) Limited's company bio, employee growth, exchange listings and data sources
- Name: Kriti Industries (India) Limited
- Ticker: 526423
- Exchange: BSE
- Founded: 1990
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: ₹1.012b
- Shares outstanding: 49.60m
- Website: https://kritiindustries.com
- Kriti Industries (India) Limited
- Brilliant Sapphire
- 801–804, 8th Floor
- Madhya Pradesh
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|526423||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 2002|
Kriti Industries (India) Limited manufactures and sells plastic products in India. The company offers RPVC pipes and fittings, casing pipes, PE coils, sprinkler systems, submersible pipes, suctions, garden pipes, SWR and drainage pipe and fittings, CPVC and plumb pipes and fittings, water tanks, micro irrigation laterals, RPVC ring fit pipes (elastromeric) and fittings, HDPE and MDPE pipes and fittings, PLB telecom ducts, and micro ducts under the Kasta brand name. It serves agriculture, building products, micro irrigation, and infrastructure sectors. The company was incorporated in 1990 and is based in Indore, India. Kriti Industries (India) Limited is a subsidiary of Sakam Trading Private Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 12:51|
|End of Day Share Price||2020/02/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.