---
title: "Kritika Wires Ltd (KRITIKA) — Share Price, Financials & Analysis"
symbol: "KRITIKA"
company: "Kritika Wires Ltd"
canonical: "https://tapetide.com/stocks/KRITIKA"
isin: "INE00Z501029"
nse_symbol: "KRITIKA"
sector: "Industrial Products"
industry: "Iron & Steel Products"
market_cap_cr: 143.26
generated_at: "2026-09-13T19:52:18.741Z"
---

# Kritika Wires Ltd (KRITIKA)

Canonical page: https://tapetide.com/stocks/KRITIKA

## Company

- **NSE Symbol:** KRITIKA
- **ISIN:** INE00Z501029
- **Sector:** Industrial Products
- **Industry:** Iron & Steel Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2022-05-04
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** kritikawires.com/index.html

## About

Incorporated in 2004, Kritika Wires Ltd manufactures, exports and supplies a wide range of Industrial Steel Wires and Galvanised Wires[1]

## Latest Price

- **Price:** ₹5.4
- **Change:** +0.03 (+0.56%)
- **Open:** ₹5.46
- **Day High:** ₹5.46
- **Day Low:** ₹5.31
- **Previous Close:** ₹5.37
- **Volume:** 101267
- **As Of:** 2026-09-11T09:55:54+00:00

## Key Fundamentals

Observed at 2026-09-11T04:45:57.975021Z.

- **Market Cap:** ₹143.26 Cr
- **Classification:** Microcap
- **P/E (reported):** 22.4
- **P/E (TTM):** 22.5
- **EPS (TTM):** ₹0.24
- **Book Value:** ₹3.79
- **Price to Book:** 1.42
- **Dividend Yield:** 9.31%
- **ROE:** 12.33%
- **ROCE:** 20.66%
- **Debt to Equity:** 0.54
- **Revenue (yearly):** ₹694.32 Cr
- **Net Income:** ₹5.32 Cr
- **EBITDA:** ₹12.07 Cr
- **52-Week High:** ₹9.67
- **52-Week Low:** ₹4.5
- **RSI (14):** 41.04

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Average · Valuation: Fair · Momentum: Falling
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 44.95 | 9% |
| growth | 14.76 | 9% |
| momentum | 38.31 | 12% |
| ownership | 50 | 24% |
| quality | 58.22 | 22% |
| valuation | 57.87 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Debtor days have improved from 24.0 to 18.9 days.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.4% over last 3 years.
- Promoter holding has decreased over last 3 years: -9.57%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -51.62% | 245.45% | 184.75% |
| ebitda margin growth | -2.63% | -61.47% | -61.73% | -61.56% |
| net income growth | -20% | -48.85% | 8% | 76% |
| revenue growth | 10.72% | 58.38% | 35% | 39% |
| roce | — | 47.78% | 88.16% | 12.46% |
| roe | — | 52.6% | 8.75% | 424.68% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 104.87 | 92.35 | 133.47 | 168.3 | 158.6 | 178.93 | 239.15 | 206.86 | 179.63 | 161.13 | 146.7 | 161.86 |
| Expenses | 102.24 | 90.21 | 127.13 | 165.24 | 155.48 | 176.06 | 239.25 | 203.84 | 174.61 | 158.3 | 143.63 | 159.48 |
| Operating Profit | 2.63 | 2.14 | 6.34 | 3.06 | 3.12 | 2.87 | -0.1 | 3.02 | 5.02 | 2.83 | 3.07 | 2.38 |
| OPM % | 2.51 | 2.32 | 4.75 | 1.82 | 1.97 | 1.6 | -0.04 | 1.46 | 2.79 | 1.76 | 2.09 | 1.47 |
| Other Income | 1.85 | 2.08 | 1.53 | 1.61 | 2.51 | 2.68 | 8.57 | 0.86 | -1.22 | 1.38 | 0.74 | 1.35 |
| Interest | 0.95 | 1.28 | 0.8 | 0.95 | 1.1 | 1.56 | 1.87 | 1 | 1.26 | 0.96 | 0.98 | 1.34 |
| Depreciation | 0.49 | 0.51 | 0.63 | 0.85 | 1.12 | 1.14 | 0.94 | 1.03 | 1.03 | 1.03 | 1.07 | 0.95 |
| Profit before tax | 3.04 | 2.43 | 6.44 | 2.87 | 3.41 | 2.85 | 5.66 | 1.85 | 1.51 | 2.22 | 1.76 | 1.44 |
| Tax % | 33.22 | 22.63 | 21.43 | 24.39 | 28.45 | 25.61 | 39.93 | 25.41 | 24.5 | 26.58 | -16.48 | -11.81 |
| Net Profit | 2.03 | 1.88 | 5.06 | 2.17 | 2.44 | 2.12 | 3.4 | 1.38 | 1.14 | 1.63 | 2.05 | 1.6 |
| EPS in Rs | 0.08 | 0.07 | 0.19 | 0.08 | 0.09 | 0.08 | 0.13 | 0.05 | 0.04 | 0.06 | 0.08 | 0.06 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 255 | 274 | 171 | 135 | 244 | 282 | 432 | 745 | 694 | 649 |
| Expenses | 243 | 257 | 167 | 132 | 236 | 274 | 419 | 736 | 680 | 636 |
| Operating Profit | 13 | 17 | 4 | 3 | 8 | 9 | 13 | 9 | 14 | 13 |
| OPM % | 5 | 6 | 2.5 | 2 | 3.2 | 3.1 | 3 | 1.2 | 2 | 2 |
| Other Income | 5 | 4 | 6 | 4 | 3 | 4 | 7 | 15 | 2 | 2 |
| Interest | 8 | 8 | 6 | 3 | 3 | 3 | 4 | 6 | 4 | 5 |
| Depreciation | 2 | 4 | 3 | 3 | 2 | 2 | 2 | 4 | 4 | 4 |
| Profit before tax | 8 | 10 | 2 | 1 | 6 | 8 | 14 | 15 | 7 | 7 |
| Tax % | 34 | 33 | 21 | 23 | 27 | 23 | 25 | 32 | 16 | — |
| Net Profit | 5 | 7 | 2 | 1 | 4 | 6 | 10 | 10 | 6 | 6 |
| EPS in Rs | 0.26 | 0.25 | 0.06 | 0.03 | 0.15 | 0.22 | 0.39 | 0.38 | 0.23 | 0.24 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 22 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 13 | 18 | 18 | 18 | 18 | 18 | 53 | 53 | 53 |
| Reserves | 11 | 28 | 45 | 46 | 47 | 51 | 56 | 31 | 41 | 48 |
| Borrowings | 21 | 45 | 42 | 30 | 31 | 21 | 22 | 40 | 51 | 55 |
| Other Liabilities | 8 | 55 | 39 | 39 | 29 | 33 | 22 | 28 | 34 | 21 |
| Total Liabilities | 43 | 141 | 144 | 134 | 125 | 124 | 118 | 153 | 180 | 177 |
| Fixed Assets | 19 | 23 | 19 | 19 | 17 | 18 | 16 | 25 | 29 | 28 |
| CWIP | 0 | 0 | 3 | 3 | 3 | 0 | 3 | 1 | 1 | 1 |
| Investments | 0 | 2 | 3 | 1 | 1 | 1 | 1 | 0 | 3 | 5 |
| Other Assets | 25 | 116 | 119 | 111 | 104 | 104 | 98 | 126 | 147 | 143 |
| Total Assets | 43 | 141 | 144 | 134 | 125 | 124 | 118 | 153 | 180 | 177 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 6 | -2 | 18 | 2 | 17 | -5 | 14 | 7 | 19 |
| Cash from Investing Activity | 0 | -9 | 0 | -2 | 0 | -3 | 7 | -11 | -28 | -21 |
| Cash from Financing Activity | 0 | -3 | 4 | -18 | -2 | -12 | -3 | 14 | 6 | 0 |
| Net Cash Flow | 0 | -6 | 2 | -2 | 1 | 1 | -1 | 18 | -16 | -3 |
| Free Cash Flow | 0 | 3 | -5 | 17 | 2 | 16 | -8 | 5 | -8 | 16 |
| CFO/OP | 0 | 64 | 11 | 428 | 155 | 237 | -25 | 135 | 119 | 147 |

### Ratios

| Item | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 60 | 103 | 100 | 108 | 159 | 76 | 46 | 35 | 18 | 19 |
| Inventory Days | 49 | 47 | 42 | 81 | 96 | 64 | 59 | 41 | 33 | 25 |
| Days Payable | 35 | 65 | 45 | 73 | 80 | 50 | 28 | 23 | 15 | 9 |
| Cash Conversion Cycle | 74 | 86 | 96 | 116 | 175 | 91 | 78 | 53 | 36 | 34 |
| Working Capital Days | 40 | 26 | 44 | 69 | 111 | 65 | 55 | 29 | 24 | 33 |
| ROCE % | 5 | — | 19 | 8 | 4 | 9 | 12 | 16 | 15 | 9 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.89% | 59.86% | 72.55% | 72.55% | 63.35% | 63.32% | 63.32% | 63.32% | 63.32% | 63.32% | 63.32% | 63.32% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 19.3% | 20.38% | 20.56% | 18.87% | 22.97% | 28.92% | 29.4% | 29.26% | 29.42% | 29.56% | 29.7% | 29.73% |
| Others | 7.81% | 19.77% | 6.89% | 8.58% | 13.68% | 7.77% | 7.28% | 7.42% | 7.26% | 7.13% | 6.99% | 6.95% |
| No. of Shareholders | 33601 | 42119 | 47777 | 49491 | 64527 | 79711 | 81924 | 80651 | 79391 | 77205 | 75597 | 74641 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 5.37 | Buy |
| EMA (10) | 5.39 | Buy |
| SMA (20) | 5.45 | Sell |
| EMA (20) | 5.44 | Sell |
| SMA (50) | 5.57 | Sell |
| EMA (50) | 5.58 | Sell |
| SMA (100) | 5.84 | Sell |
| EMA (100) | 5.8 | Sell |
| SMA (200) | 6.21 | Sell |
| EMA (200) | 6.37 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.64 | Neutral |
| MACD (12,26,9) | -0.07 | Buy |
| Stochastic (14,3,3) | 48.04 | Neutral |
| ADX (14) | 15.55 | Neutral |
| Williams %R (14) | -46 | Neutral |
| ATR (14) | 0.21 | High Volatility |
| ROC (12) | -1.82 | Sell |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 46 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Updates](https://nsearchives.nseindia.com/corporate/KRITIKA_04092026114634_KRITIKA_Outcome_of_BM_04082026.pdf) |
| 2026-08-14 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/KRITIKA_14082026130623_Kritika_Scrutinizer_Report_and_Voting_result_2026.pdf) |
| 2026-08-13 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/KRITIKA_13082026205043_Kritika_Scrutinizer_Report_and_Voting_result_2026.pdf) |
| 2026-08-12 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/KRITIKA_12082026185136_Kritika_Proceeding_of_AGM_2026.pdf) |
| 2026-08-12 | [Updates](https://nsearchives.nseindia.com/corporate/KRITIKA_12082026204108_Kritika_Proceeding_of_AGM_2026.pdf) |
| 2026-08-05 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/KRITIKA_05082026123006_Kritika_Newspaper_publication_05082026.pdf) |
| 2026-08-04 | [Statement of deviation(s) or variation(s) under Reg. 32](https://nsearchives.nseindia.com/corporate/KRITIKA_04082026171503_Kritika_Statement_of_Deviation_04082026.pdf) |
| 2026-07-20 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/KRITIKA_20072026125722_Kritika_Notice_of_AGM_Newspaper_publication__1_.pdf) |
| 2026-07-17 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/KRITIKA_17072026221505_Kritika_Wires_Notice_of_AGM.pdf) |
| 2026-07-14 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/KRITIKA_14072026131721_Kritika_Notice_to_Member_Newspaper_Publication.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-04 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KRITIKA_04082026154650_Kritika_Outcome_of_BM_04082026.pdf) |
| 2026-08-04 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KRITIKA_04082026155240_Kritika_Outcome_of_BM_04082026.pdf) |
| 2026-07-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KRITIKA_13072026165707_Kritika_BM_Outcome_13072026__3_.pdf) |
| 2026-05-14 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KRITIKA_14052026192742_Kritika_outcome_of_board_meeting_14052026.pdf) |
| 2026-05-14 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KRITIKA_14052026191604_Kritika_outcome_of_board_meeting_14052026.pdf) |
| 2026-04-16 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KRITIKA_16042026153740_Kritika_Outcome_of_BM_16042026.pdf) |
| 2026-02-05 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KRITIKA_05022026165822_BM_Outcome_05022026_upload.pdf) |
| 2026-02-05 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KRITIKA_05022026165235_BM_Outcome_05022026_upload.pdf) |
| 2025-11-04 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KRITIKA_04112025170419_BM_Outcome_04112025upload.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/AR_29881_KRITIKA_2025_2026_A_3609205_17072026231225.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_27962_KRITIKA_2024_2025_A_15927132_30082025173534.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_26111_KRITIKA_2023_2024_0609202423550.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_23852_KRITIKA_2022_2023_08092023174000_09082023180010.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_20241_KRITIKA_2021_2022_05072022222350_07052022230004.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_19535_KRITIKA_2020_2021_06092021204321_09062021210004.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17473_KRITIKA_2019_2020_06092020215925_06092020220003.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_15947_KRITIKA_2018_2019_07092019171912_07092019180004.zip) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:52:18.741Z.
