Kritika Wires Share Price: Do you know that Kritika Wires is a hidden name in the manufacturing industry that can brighten your portfolio investment? Yes, let us tell you in detail about Kritika Wires Target Price.
Kritika Wires Ltd. Company Overview
Kritika Wires Limited was founded in 1994. The company’s vision was to manufacture high-quality electrical wires and cables that are useful for residential, commercial, and industrial applications. From its humble beginnings, Kritika gradually expanded its portfolio of products and services, and today it is recognized as a major player in the industry. The company has achieved many important milestones by using advanced technology or setting up new manufacturing units.
| Company Name | Kritika Wires Ltd. |
| Founded | 2004 |
| Headquarters | West Bengal |
| Industry | Industrial Steel & Galvanized Wire |
| Owner | Naresh Kumar Agarwal |
| Stock Exchange Listing | NSE |
| Official Website | kritikawires.com |
Kritika Wires Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹324.86 Cr. |
| ROE | 13.13% |
| ROCE | 16.05% |
| P/E | 28.1 |
| P/B | 3.65 |
| Div. Yield | 0% |
| Book Value | ₹3.34 |
| Face Value | ₹2 |
| EPS (TTM) | ₹0.43 |
| 52 Week High | ₹24.50 |
| 52 Week Low | ₹8.20 |
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Kritika Wires Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 4.32B | 52.93% |
| Operating expense | 274.51M | 48.97% |
| Net income | 104.01M | 73.76% |
| Net profit margin | 2.41 | 13.68% |
| Earnings per share | Not provided | No provided |
| EBITDA | 129.92M | 35.59% |
| Effective tax rate | 24.72% | No provided |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 189.34M | 1,264.58% |
| Total assets | 1.53B | 28.93% |
| Total liabilities | 681.97M | 54.08% |
| Total equity | 843.37M | – |
| Shares outstanding | 266.28M | – |
| Price to book | 4.23 | – |
| Return on assets | 5.04% | – |
| Return on Capital | 6.19% | – |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 104.01M | 73.76% |
| Cash from operations | 138.86M | 400.90% |
| Cash from investing | -106.34M | –262.09% |
| Cash from financing | 142.93M | 560.36% |
| Net change in cash | 175.46M | 1,613.25% |
| Free cash flow | -177.59M | -317.04% |
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Kritika Wires Share Price Target From 2024 to 2030
| Year | Share Price Target |
|---|---|
| Kritika Wires Target Price 2024 | ₹20 |
| Kritika Wires Target Price 2025 | ₹30 |
| Kritika Wires Target Price 2026 | ₹50 |
| Kritika Wires Target Price 2027 | ₹80 |
| Kritika Wires Target Price 2028 | ₹120 |
| Kritika Wires Target Price 2029 | ₹180 |
| Kritika Wires Target Price 2030 | ₹240 |
Kritika Wires Share Price Target 2024
By 2024, Kritika Wires stock price forecast is expected to reach 20 INR. If the company adopts innovative technologies and evolves its products according to the changing needs of the market, it can become a good option for long-term investors.
Kritika Wires Share Price Target 2025
Kritika Wires share prediction is to reach 30 INR in 2025. Market demand and the company’s expansion plans will support this growth. If the company expands its product portfolio and attracts new clients, it may see a significant increase in the share price.
Kritika Wires Share Price Target 2026
In 2026, the target price of Kritika Wires will be around 50 INR. If the company adopts sustainable practices and launches innovative solutions, it will further enhance growth. Investors have to see the financial health and market positioning of the company.
Kritika Wires Share Price Target 2027
Kritika Wires share target is expected to rise to 80 INR by 2027. The company’s strategic partnerships and technological advancements can boost the share price. If the company improves its production capacity by this time, investors can get good returns.
Kritika Wires Share Price Target 2028
In 2028, Kritika Wires shares are expected to reach the target price of 120 INR. Economic growth and infrastructure development trends can support this growth. If the company focuses on customer satisfaction and improves quality control, it will positively impact the share price.
Kritika Wires Share Price Target 2029
By 2029, the share price target for Kritika Wires could be 180 INR. If the company enters new markets and makes product innovations, it could strengthen the share price. Investors should also keep in mind industry trends and market dynamics.
Kritika Wires Share Price Target 2030
In 2030, Kritika Wires share’s target can rise to 240 INR. The company’s long-term goals and financial strategies will be important for the share price. If market conditions remain favourable, it will help in sustaining the share price.
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Kritika Wires Shareholding Patterns
- Retail and Others: 36.64%
- Promoters: 63.35%
- Foreign Institutions: 0.01%
- Other Domestic Institutions: –
- Mutual Funds: –
Kritika Wires Competitors/Peer Companies
- Bansal Wire Industries
- Usha Martin
- Bharat Wire Ropes
- Rajratan Global Wire
- DP Wires
- Bedmutha Industries
- Bombay Wire Ropes
- Shree Steel Wire Ropes
- Excellent Wires And Packaging
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Conclusion
So through this article, apart from Kritika Wires Share Price Target, we also told you many important things that will help you a lot in making decisions before investing.
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FAQs
Can I buy Kritika wires share?
Yes.
When were Kritika wires listed?
2018.
Disclaimer: The information given in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
