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Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

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. Rajesh Kumar ChoudharyInd. Non-Executive Director
Mr. Shiv Kumar SaraffInd. Non-Executive Director
Mr. Niraj JindalInd. Non-Executive Director
Ms. Radhika VyasInd. Non-Executive Woman Director

Kritika Wires Ltd. Share Price Update

Share PriceValue
Today₹14.40
Previous Day₹14.70

Basic Stock Data of Kritika Wires Ltd

Market Cap 459 Cr.
Current Price 17.2
High / Low17.2/2.20
Stock P/E56.5
Book Value 2.91
Dividend Yield0.00 %
ROCE11.8 %
ROE8.38 %
Face Value 2.00

Data Source: screener.in

Kritika Wires Ltd Quarterly Results

MonthMar 2021Jun 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales43.4750.6061.1974.1865.9261.0862.5692.73101.06104.87
Expenses41.9450.4059.6668.9064.0960.1360.9788.5899.17102.24
Operating Profit1.530.201.535.281.830.951.594.151.892.63
OPM %3.52%0.40%2.50%7.12%2.78%1.56%2.54%4.48%1.87%2.51%
Other Income1.980.910.620.220.471.691.001.291.231.85
Interest0.270.640.500.950.420.810.721.010.760.95
Depreciation0.640.550.590.580.550.540.540.580.450.49
Profit before tax2.60-0.081.063.971.331.291.333.851.913.04
Tax %1.92%0.00%33.96%29.47%21.80%16.28%18.80%27.53%25.65%33.22%
Net Profit2.55-0.070.712.801.041.091.072.791.432.03
EPS in Rs0.29-0.010.080.320.120.120.120.310.160.23

Kritika Wires Ltd Quarterly Chart

Kritika Wires Ltd Profit & Loss

MonthMar 2011Mar 2012Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3577255274171135244282361
Expenses3473243257167132236274351
Operating Profit141317438910
OPM %3%5%5%6%3%2%3%3%3%
Other Income025464345
Interest138863333
Depreciation122433222
Profit before tax-10810216810
Tax %6%35%34%33%21%23%27%23%
Net Profit-005721467
EPS in Rs-0.310.190.790.760.170.090.450.670.82
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:2%
3 Years:18%
TTM:48%
Compounded Profit Growth
10 Years:%
5 Years:3%
3 Years:62%
TTM:36%
Stock Price CAGR
10 Years:%
5 Years:50%
3 Years:91%
1 Year:497%
Return on Equity
10 Years:%
5 Years:6%
3 Years:5%
Last Year:8%

Kritika Wires Ltd Balance Sheet

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 2023
Cash from Operating Activity 006-218217-5
Cash from Investing Activity 00-9-0-20-37
Cash from Financing Activity 00-34-18-2-12-3
Net Cash Flow00-62-211-1

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

No data available for the Shareholding

No data available for the Shareholding Pattern chart.

No data available for the No. of Shareholders chart.

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 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.0010.0010.0010.0010.00
Basic EPS (Rs.)0.672.270.480.854.42
Diluted EPS (Rs.)0.672.270.480.854.42
Cash EPS (Rs.)0.923.541.922.595.78
Book Value[Excl.RevalReserv]/Share (Rs.)8.3438.8636.5236.0435.19
Book Value[Incl.RevalReserv]/Share (Rs.)8.3438.8636.5236.0435.19
Dividend / Share (Rs.)0.000.500.000.000.00
Revenue From Operations / Share (Rs.)31.81137.2975.9996.50154.58
PBDIT / Share (Rs.)1.465.843.575.9312.18
PBIT / Share (Rs.)1.214.562.144.1810.20
PBT / Share (Rs.)0.873.130.621.075.65
Net Profit / Share (Rs.)0.672.270.480.843.80
PBDIT Margin (%)4.594.254.706.147.87
PBIT Margin (%)3.813.322.814.336.59
PBT Margin (%)2.762.270.811.113.65
Net Profit Margin (%)2.121.650.630.872.45
Return on Networth / Equity (%)8.085.831.312.3510.79
Return on Capital Employeed (%)13.9710.985.3611.4627.19
Return On Assets (%)5.053.250.641.124.68
Long Term Debt / Equity (X)0.030.060.080.000.05
Total Debt / Equity (X)0.290.300.460.470.67
Asset Turnover Ratio (%)2.331.901.011.231.92
Current Ratio (X)2.092.101.751.551.48
Quick Ratio (X)1.091.331.261.101.16
Inventory Turnover Ratio (X)6.486.323.674.968.51
Interest Coverage Ratio (X)4.394.062.351.912.68
Interest Coverage Ratio (Post Tax) (X)3.022.581.321.271.84
Enterprise Value (Cr.)92.6775.6789.3283.4796.44
EV / Net Operating Revenue (X)0.320.310.660.480.35
EV / EBITDA (X)7.157.3014.087.934.46
MarketCap / Net Operating Revenue (X)0.250.260.480.340.21
Price / BV (X)0.970.941.000.910.93
Price / Net Operating Revenue (X)0.250.260.480.340.21
EarningsYield0.080.060.010.020.11

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 of Kritika Wires Ltd Stock

Fair Value: ₹14.05

The stock is overvalued by 18.29% compared to the current price ₹17.2

*Investments are subject to market risks

Strength and Weakness of Kritika Wires Ltd Stock

StrengthWeakness
  1. The company has higher reserves (39.33 cr) compared to borrowings (30.89 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (203.78 cr) and profit (4.89 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 5.80 and average Dividend Yield of 4.17%.
  2. The stock has a low average ROCE of 7.13%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 110.13, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 104.63, which may not be favorable.

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