Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 25 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Kritika Wires Ltd

About the Company - Kritika Wires Ltd

Kritika Wires Ltd. is a Public Limited Listed company incorporated on 31/05/2004 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L27102WB2004PLC098699 and registration number is 098699. Currently company belongs to the Industry of Steel - Wires. Company’s Total Operating Revenue is Rs. 243.72 Cr. and Equity Capital is Rs. 17.75 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Steel - Wires1A, Bonfield Lane, Kolkata West Bengal 700001sales@kritikawires.com
http://www.kritikawires.com
Management
NamePosition Held
Mr. Naresh Kumar AgarwalChairman & Wholetime Director
Mr. Hanuman Prasad AgarwalManaging Director
Mr. Ankush AgarwalWhole Time Director
Mr. Sanjeev BinaniNon Executive Director
Mr. Niraj JindalInd. Non-Executive Director
Mr. Shiv Kumar SaraffInd. Non-Executive Director

Basic Stock Data of Kritika Wires Ltd

Last Updated: July 24, 2024, 11:02 pm

Market Cap 523 Cr.
Current Price 19.6
High / Low24.5/5.00
Stock P/E50.3
Book Value 3.17
Dividend Yield0.00 %
ROCE16.0 %
ROE13.1 %
Face Value 2.00
PEG Ratio1.32

Data Source: screener.in

Kritika Wires Ltd Quarterly Results

MonthMar 2021Jun 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales43.4750.6061.1974.1865.9261.0862.5692.73101.06104.8792.35
Expenses41.9450.4059.6668.9064.0960.1360.9788.5899.17102.2490.21
Operating Profit1.530.201.535.281.830.951.594.151.892.632.14
OPM %3.52%0.40%2.50%7.12%2.78%1.56%2.54%4.48%1.87%2.51%2.32%
Other Income1.980.910.620.220.471.691.001.291.231.852.08
Interest0.270.640.500.950.420.810.721.010.760.951.28
Depreciation0.640.550.590.580.550.540.540.580.450.490.51
Profit before tax2.60-0.081.063.971.331.291.333.851.913.042.43
Tax %1.92%0.00%33.96%29.47%21.80%16.28%18.80%27.53%25.65%33.22%22.63%
Net Profit2.55-0.070.712.801.041.091.072.791.432.031.88
EPS in Rs0.10-0.000.030.110.040.040.040.100.050.080.07

Last Updated: July 11, 2024, 9:23 am

Kritika Wires Ltd Quarterly Chart

Kritika Wires Ltd Profit & Loss

Last Updated: July 10, 2024, 7:09 pm

MonthMar 2011Mar 2012Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3577255274171135244282391
Expenses3473243257167132236274380
Operating Profit141317438911
OPM %3%5%5%6%3%2%3%3%3%
Other Income025464346
Interest138863334
Depreciation122433222
Profit before tax-10810216811
Tax %6%35%34%33%21%23%27%23%
Net Profit-005721468
EPS in Rs-0.100.060.260.250.060.030.150.220.30
Dividend Payout %0%0%0%0%0%0%22%0%

Kritika Wires Ltd Profit & Loss Yearly Chart

Kritika Wires Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:9%
3 Years:48%
TTM:53%
Compounded Profit Growth
10 Years:%
5 Years:9%
3 Years:185%
TTM:74%
Stock Price CAGR
10 Years:%
5 Years:53%
3 Years:107%
1 Year:280%
Return on Equity
10 Years:%
5 Years:6%
3 Years:9%
Last Year:13%

Last Updated: July 25, 2024, 9:33 am

Kritika Wires Ltd Balance Sheet

Last Updated: July 10, 2024, 7:09 pm

MonthMar 2011Mar 2012Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital3313181818181818
Reserves101128454647515660
Borrowings202145423031212246
Other Liabilities13855393929332233
Total Liabilities4743141144134125124118156
Fixed Assets181923191917181616
CWIP200333034
Investments002311110
Other Assets282511611911110410498137
Total Assets4743141144134125124118156

Kritika Wires Ltd Reserves and Borrowings Chart

Kritika Wires Ltd Cash Flow

MonthMar 2011Mar 2012Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 006-218217-514
Cash from Investing Activity 00-9-0-20-37-11
Cash from Financing Activity 00-34-18-2-12-314
Net Cash Flow00-62-211-118

Kritika Wires Ltd Financial Efficiency Indicators

MonthMar 2011Mar 2012Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days152601031001081597646
Inventory Days11049474281966459
Days Payable14135654573805028
Cash Conversion Cycle1217486961161759178
Working Capital Days1448077961331819080
ROCE %5%19%8%4%9%12%

Kritika Wires Ltd Financial Efficiency Indicators Chart

Kritika Wires Ltd Share Holding Pattern

MonthSep 2020Mar 2021Sep 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters72.89%72.89%72.89%72.89%72.89%72.89%72.89%72.89%72.89%72.89%59.86%72.55%
DIIs0.00%0.00%0.00%0.00%0.00%0.02%0.00%0.00%0.00%0.00%0.00%0.00%
Public27.10%27.10%27.11%27.10%27.10%27.08%27.10%27.11%27.11%27.11%40.14%27.45%
No. of Shareholders1009189921,14626,44627,53527,39426,36733,60142,11947,777

Kritika Wires Ltd Shareholding Pattern Chart

No. of Kritika Wires Ltd Shareholders

This stock is not held by any mutual fund

Kritika Wires Ltd ROCE Trend

Kritika Wires Ltd EPS Trend

Kritika Wires Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.0010.0010.0010.00
Basic EPS (Rs.)0.390.672.270.480.85
Diluted EPS (Rs.)0.390.672.270.480.85
Cash EPS (Rs.)0.460.923.541.922.59
Book Value[Excl.RevalReserv]/Share (Rs.)3.178.3438.8636.5236.04
Book Value[Incl.RevalReserv]/Share (Rs.)3.178.3438.8636.5236.04
Dividend / Share (Rs.)0.000.100.500.000.00
Revenue From Operations / Share (Rs.)16.2131.81137.2975.9996.50
PBDIT / Share (Rs.)0.731.465.843.575.93
PBIT / Share (Rs.)0.661.214.562.144.18
PBT / Share (Rs.)0.510.873.130.621.07
Net Profit / Share (Rs.)0.390.672.270.480.84
PBDIT Margin (%)4.554.594.254.706.14
PBIT Margin (%)4.073.813.322.814.33
PBT Margin (%)3.192.762.270.811.11
Net Profit Margin (%)2.402.121.650.630.87
Return on Networth / Equity (%)12.338.085.831.312.35
Return on Capital Employeed (%)20.6513.9710.985.3611.46
Return On Assets (%)6.815.053.250.641.12
Long Term Debt / Equity (X)0.000.030.060.080.00
Total Debt / Equity (X)0.470.290.300.460.47
Asset Turnover Ratio (%)3.192.331.901.011.23
Current Ratio (X)1.862.092.101.751.55
Quick Ratio (X)1.201.091.331.261.10
Inventory Turnover Ratio (X)9.196.486.323.674.96
Dividend Payout Ratio (NP) (%)0.0014.820.000.000.00
Dividend Payout Ratio (CP) (%)0.0010.820.000.000.00
Earning Retention Ratio (%)0.0085.180.000.000.00
Cash Earning Retention Ratio (%)0.0089.180.000.000.00
Interest Coverage Ratio (X)5.204.394.062.351.91
Interest Coverage Ratio (Post Tax) (X)3.753.022.581.321.27
Enterprise Value (Cr.)462.6292.6775.6789.3283.47
EV / Net Operating Revenue (X)1.070.320.310.660.48
EV / EBITDA (X)23.507.157.3014.087.93
MarketCap / Net Operating Revenue (X)1.030.250.260.480.34
Retention Ratios (%)0.0085.170.000.000.00
Price / BV (X)5.290.970.941.000.91
Price / Net Operating Revenue (X)1.030.250.260.480.34
EarningsYield0.020.080.060.010.02

Kritika Wires Ltd Profitability Ratios (%)

Kritika Wires Ltd Liquidity Ratios

Kritika Wires Ltd Liquidity Ratios (%)

Kritika Wires Ltd Interest Coverage Ratios (%)

Kritika Wires Ltd Valuation Ratios

Fair Value

Fair Value: 21.31

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 8.70% compared to the current price 19.6

Intrinsic Value: 29.40

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 49.98% compared to the current price 19.6

Last 5 Year EPS CAGR: 37.97%

*Investments are subject to market risks

Strength and Weakness of Kritika Wires Ltd Stock

StrengthWeakness
  1. The company has higher reserves (36.11 cr) compared to borrowings (30.22 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (207.11 cr) and profit (5.00 cr) over the years.
  1. The stock has a low average ROCE of 7.13%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 110.13, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 104.63, which may not be favorable.

FAQ

What is the latest fair value of Kritika Wires Ltd?

The latest fair value of Kritika Wires Ltd is ₹21.31.

What is the Market Cap of Kritika Wires Ltd?

The Market Cap of Kritika Wires Ltd is 523 Cr..

What is the current Stock Price of Kritika Wires Ltd as on 25 July 2024?

The current stock price of Kritika Wires Ltd as on 25 July 2024 is 19.6.

What is the High / Low of Kritika Wires Ltd stocks in FY 2024?

In FY 2024, the High / Low of Kritika Wires Ltd stocks is 24.5/5.00.

What is the Stock P/E of Kritika Wires Ltd?

The Stock P/E of Kritika Wires Ltd is 50.3.

What is the Book Value of Kritika Wires Ltd?

The Book Value of Kritika Wires Ltd is 3.17.

What is the Dividend Yield of Kritika Wires Ltd?

The Dividend Yield of Kritika Wires Ltd is 0.00 %.

What is the ROCE of Kritika Wires Ltd?

The ROCE of Kritika Wires Ltd is 16.0 %.

What is the ROE of Kritika Wires Ltd?

The ROE of Kritika Wires Ltd is 13.1 %.

What is the Face Value of Kritika Wires Ltd?

The Face Value of Kritika Wires Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Kritika Wires Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE