Kriti Industries (India) Limited has informed the Exchange about Transcript
KRITI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kriti Industries reported Q4 FY26 revenue of INR 142 crores (3% YoY growth) with dramatic EBITDA improvement to INR 18 crores from just INR 20 lakhs in Q4 last year, translating to EBITDA margins of 12.91% versus 0.15% previously. Full year FY26 revenue declined 19% to INR 587 crores due to challenging first nine months, but EBITDA grew 23% to INR 35 crores with margins expanding 201 basis points to 5.94%. Management highlighted that building products offer better margins (14-18%) compared to agriculture (8-10%) and plans to focus on this segment going forward. CAPEX remains on hold pending review of first two quarters. The company is expanding CPVC capacity specifically as it offers better margins, while deferring decisions on a second manufacturing plant.
The company has demonstrated significant operational improvement in Q4 with margin expansion, though full-year revenue decline remains a concern. Management's focus on higher-margin building products and CPVC expansion could support profitability, but investors should note the low base effect driving expected FY27 growth and the on-hold CAPEX stance.