Kriti Industries (India)Limited

Manufactures plastic pipes and fittings for various industries and applications.

1990 | Indore, Madhya Pradesh (India) | Active
Last Updated: July 18, 2024

Kriti Industries (India)Limited Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.96 Cr
  • Company Age 34 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 305.22 Cr
  • Satisfied Charges ₹ 1,253.32 Cr
  • Revenue Growth 34.78%
  • Profit Growth -266.80%
  • Ebitda -119.91%
  • Net Worth -15.86%
  • Total Assets 0.55%

About Kriti Industries (India)Limited

Kriti Industries (India)Limited (KII) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 March 1990 and has a history of 34 years and ten months. Its registered office is in Indore, Madhya Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526423 and on the National Stock Exchange(NSE) under KRITI.

The Corporate was formerly known as Kriti Plastics Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 4.96 Cr.

The company currently has active open charges totaling ₹305.22 Cr. The company has closed loans amounting to ₹1,253.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kriti Industries (India)Limited India are Rajesh Sisodia as CFO and Tanuj Sethi as Company Secretary. Chandrasekharan Bhaskar, Shiv Mehta, Saurabh Mehta, and Four other members serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25206MP1990PLC005732

  • Company No.

    005732

  • Stock Symbol

    BSE : 526423 NSE : KRITI

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 1990

  • Date of AGM

    28 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Gwalior

Industry

Manufacturing

What products or services does Kriti Industries (India)Limited offer?

Kriti Industries (India)Limited offers a wide range of products and services, including Industrial Air Conditioner & Devices, HVAC System, PVC, FRP, HDPE & Other Plastic Pipes, Borewell Pipes, Irrigation and Harvesting Machines, Agricultural Irrigation Systems, Sewerage and Drainage Products, Manhole Covers, Agricultural Pipes, Edible Oil & Allied Products.

Who are the key members and board of directors at Kriti Industries (India)Limited?

Executive Team (3)

NameDesignationAppointment DateStatus
Shiv Mehta Country flag representing In Managing Director01-Oct-2010Current
Rajesh Sisodia CFO03-Feb-2023Current
Tanuj Sethi Company Secretary22-Mar-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Saurabh Mehta Country flag representing In Director 07-Feb-2018Current
Manoj Fadnis Country flag representing In Director 24-Jun-2006Current
Hitendra Mehta Country flag representing In Director 13-Aug-2021Current
Chandrasekharan Bhaskar Country flag representing In Director 12-May-2016Current
Purnima Mehta Country flag representing In Whole-Time Director 01-Oct-1999Current
Rakesh Kalra Country flag representing In Director 24-Jun-2006Current

Financial Performance of Kriti Industries (India)Limited.

Kriti Industries (India)Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.78% increase. The company also saw a substantial fall in profitability, with a 266.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.86%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
34.78%
Revenue from Operations
34.46%
Total Assets
0.55%
Profit or Loss
-266.80%
Net Worth
-15.86%
EBITDA
-119.91%

What is the Ownership and Shareholding Structure of Kriti Industries (India)Limited?

In 2023, Kriti Industries (India)Limited had a promoter holding of 66.35% and a public holding of 33.64%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹305.22 Cr

Satisfied Charges

₹1,253.32 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 263.80 Cr
  • Others : 32.50 Cr
  • Hdfc Bank Limited : 8.92 Cr

Latest Charge Details

DateLenderAmountStatus
22 Sep 2023Others₹32.50 CrOpen
18 Sep 2023Sbicap Trustee Company Limited₹15.00 CrOpen
17 Dec 2019Sbicap Trustee Company Limited₹248.80 CrOpen
22 Nov 2019Hdfc Bank Limited₹4.22 CrOpen
28 Nov 2017Hdfc Bank Limited₹4.70 CrOpen

How Many Employees Work at Kriti Industries (India)Limited?

Unlock and access historical data on people associated with Kriti Industries (India)Limited, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kriti Industries (India)Limited, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Kriti Industries (India)Limited's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Kriti Industries (India)Limited

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 32.50 Cr with Charge ID 100792906 was registered on 22 Sep 2023.

    22 Sep 2023

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 15.00 Cr with Charge ID 100783152 was registered on 18 Sep 2023.

    18 Sep 2023

  • Annual General Meeting

    Kriti Industries (India)Limited last Annual general meeting of members was held on 28 Aug 2023 as per latest MCA records.

    28 Aug 2023

  • Balance Sheet

    Kriti Industries (India)Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge registered on 03 Mar 2021 via Charge ID 100424594 with Hdfc Bank Limited was fully satisfied on 22 Jul 2022.

    22 Jul 2022

  • Charges

    A charge registered on 25 Feb 2020 via Charge ID 100331369 with Hdfc Bank Limited was fully satisfied on 22 Jul 2022.

    22 Jul 2022

Frequently asked questions

  • Kriti Industries (India)Limited was incorporated on 12 Mar 1990.

  • The authorized share capital of Kriti Industries (India)Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.96 Cr.

  • Currently 9 directors are associated with Kriti Industries (India)Limited.

    • Chandrasekharan Bhaskar
    • Shiv Singh Mehta
    • Saurabh Singh Mehta
    • Purnima Mehta
    • Rakesh Kalra
    • Manoj Fadnis
    • Hitendra Mehta
    • Rajesh Sisodia
    • Tanuj Sethi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kriti Industries (India)Limited is Mehta Chambers, 34-Siyagunj, Indore, Madhya Pradesh, India, 452007.

  • The corporate identification number (CIN) of Kriti Industries (India)Limited is L25206MP1990PLC005732 and the company number is 005732 as per Ministry of Corporate Affairs (MCA).

  • Yes, Kriti Industries (India)Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): KRITI.

  • The Official website of Kriti Industries (India)Limited is https://www.kritiindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kriti Industries (India)Limited has risen by 34.78%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kriti Industries (India)Limited has experienced an downturn of -15.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kriti Industries (India)Limited amount to ₹ 305.22 Cr.

  • The most recent Balance Sheet for Kriti Industries (India)Limited was filed with the ROC on 31 Mar 2023.

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