KRITIKA
Kritika Wires financials
- Market cap
- ₹144 Cr
- Sector
- Capital Goods
What Kritika Wires Limited does
Kritika Wires Limited manufactures, exports and supplies industrial steel wires, galvanized wires and aluminium wires, operating as a single reportable business segment. Its products serve the power transmission and distribution value chain, with State Electricity Boards, Power Grid Corporation of India Ltd., and other EPC contractors as its primary clientele. During FY 2024-25 the company commissioned a new manufacturing facility at Bhubaneswar, which significantly enhanced its production capacity and market reach alongside its existing operations.
Segments
- Steel, galvanized & aluminium wire manufacturing
- Manufacturing facilities
- Multiple units, including a new plant at Bhubaneswar (commercial operations commenced FY 2024-25)
- Product range
- Industrial steel wires, galvanized wires, aluminium wires
- Primary customers
- State Electricity Boards, Power Grid Corporation of India Ltd., EPC contractors
- Business segments
- 1 (single reportable segment: wire manufacturing)
Quarterly results
Q1 FY27: revenue down 21.8%, net profit up 15.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 159 | 179 | 239 | 207 | 180 +13% | 161 −10% | 147 −39% | 162 −22% |
| EBITDA | 3 | 3 | -0 | 3 | 5 +61% | 3 −1% | 3 +3170% | 2 −21% |
| Net profit | 2 | 2 | 3 | 1 | 1 −53% | 2 −23% | 2 −40% | 2 +16% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −41.4% 1Y
1Y: ₹9.22 on 10 Sept 2025 → ₹5.4. High ₹9.22 (10 Sept 2025), low ₹4.56 (30 Mar 2026).
Financials, as filed
Revenue grew 22.5% a year over 3 years, FY23 to FY26. Operating margin narrowed to 2.0%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹378 Cr | ₹432 Cr | ₹745 Cr | ₹694 Cr |
| Operating profit | ₹20 Cr | ₹13 Cr | ₹9 Cr | ₹14 Cr |
| Operating margin | 5.3% | 3.0% | 1.2% | 2.0% |
| Interest | ₹7 Cr | ₹4 Cr | ₹5 Cr | ₹4 Cr |
| Depreciation | ₹4 Cr | ₹2 Cr | ₹4 Cr | ₹4 Cr |
| Net profit | ₹19 Cr | ₹10 Cr | ₹10 Cr | ₹6 Cr |
| Net margin | 5.1% | 2.4% | 1.4% | 0.9% |
| Cash from operations | ₹-5 Cr | ₹14 Cr | ₹7 Cr | ₹19 Cr |
| Free cash flow | ₹-8 Cr | ₹5 Cr | ₹-8 Cr | ₹16 Cr |
| ROCE | 12.0% | 16.0% | 15.0% | 9.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹53 Cr | ₹53 Cr | ₹53 Cr |
| Reserves | ₹47 Cr | ₹51 Cr | ₹56 Cr | ₹31 Cr | ₹44 Cr | ₹48 Cr |
| Borrowings | ₹31 Cr | ₹21 Cr | ₹22 Cr | ₹40 Cr | ₹39 Cr | ₹55 Cr |
| Other liabilities | ₹29 Cr | ₹33 Cr | ₹22 Cr | ₹28 Cr | ₹34 Cr | ₹21 Cr |
| Total liabilities | ₹125 Cr | ₹124 Cr | ₹118 Cr | ₹153 Cr | ₹170 Cr | ₹177 Cr |
| Fixed assets | ₹17 Cr | ₹18 Cr | ₹16 Cr | ₹25 Cr | ₹27 Cr | ₹28 Cr |
| Capital work in progress | ₹3 Cr | ₹0 Cr | ₹3 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Investments | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹3 Cr | ₹5 Cr |
| Other assets | ₹104 Cr | ₹104 Cr | ₹98 Cr | ₹126 Cr | ₹139 Cr | ₹143 Cr |
| Total assets | ₹125 Cr | ₹124 Cr | ₹118 Cr | ₹153 Cr | ₹170 Cr | ₹177 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 7% to 74,641.
- Promoters
- 63.3%
- Public
- 36.7%
Since Jun 2025
- FIIs −0.06 pp
- Public +0.06 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Over this window promoters fell from 72.9% to 63.3% — −9.6 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 72.9%, Public 27.1%.Dec '23: Promoters 59.9%, Public 40.1%.Mar '24: Promoters 72.5%, Public 27.4%.Jun '24: Promoters 72.5%, Public 27.4%.Sep '24: Promoters 63.4%, FIIs 0.0%, Public 36.6%.Dec '24: Promoters 63.3%, FIIs 0.0%, Public 36.6%.Mar '25: Promoters 63.3%, Public 36.7%.Jun '25: Promoters 63.3%, FIIs 0.1%, Public 36.6%.Sep '25: Promoters 63.3%, Public 36.7%.Dec '25: Promoters 63.3%, Public 36.7%.Mar '26: Promoters 63.3%, Public 36.7%.Jun '26: Promoters 63.3%, Public 36.7%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Gunnayak Commercial Privaten Limited newly disclosed 16.32% held
- R A Comptech Investment And nConsultant Private Limited newly disclosed 5.46% held
- Naresh Kumar Agarwal - 2 +4.28 pp 4.73% held
The same filing shows 1 holder trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Kritika Wires Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Gunnayak Commercial Privaten Limited | 16.32% | newly disclosed |
| Panchshul Merchants Private Limited | 8.13% | unchanged |
| Hanuman Prasad Agarwal | 6.58% | unchanged |
| Sushil Kumar Agarwal | 6.37% | unchanged |
| R A Comptech Investment And nConsultant Private Limited | 5.46% | newly disclosed |
| Naresh Kumar Agarwal - 2 | 4.73% | +4.28 pp |
| Alltime Suppliers Private Limited | 4.02% | unchanged |
| Mohta Agencies Private Limited | 3.26% | unchanged |
| Blue Bird Dealers Private Limited | 3.15% | unchanged |
| Balaji Electrodes Pvt Ltd | 2.93% | unchanged |
| Santosh Agarwal | 1.80% | unchanged |
| Naresh Kumar Agarwal | 0.45% | −4.28 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Kritika Wires Limited
Guides on how to read this kind of business and the numbers that matter.