Kriti Industries (India) Limited
KRITIIND.BO
Bombay Stock Exchange117.60
INR
-2.10
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Kriti Industries (India) Limited
KRITIIND.BO
(Bombay Stock Exchange)
Recent
price
117.60
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Kriti Industries (India) Limited is a manufacturing company primarily engaged in the production of plastic pipes, fittings, and related building and agricultural products. The company offers a comprehensive range of products across three main categories: building and construction (including CPVC pipes and various plumbing solutions); agriculture (including HDPE pipes, drip irrigation systems, and sprinkler irrigation systems); and micro-irrigation systems designed to enhance water efficiency and agricultural yield. Kriti Industries operates multiple extrusion lines for PVC and HDPE pipes, injection molding machines, and advanced manufacturing units to support its diverse product portfolio. The company also recently expanded its product range to include high-diameter gas pipes (710 mm), water tanks, and column pipes, reflecting enhanced capacity and efficiency in building product manufacturing. Founded in 1986 and headquartered in Indore, India, the company serves markets primarily across India with a strong presence in the North-West Zone. In the last one to two years, Kriti Industries has undergone significant operational and strategic developments, including the amalgamation of its wholly owned subsidiary, Kriti Auto & Engineering Plastics Pvt. Ltd., to consolidate its engineering plastics business. It also appointed new statutory auditors and independent directors to strengthen governance. The company enhanced its manufacturing capacity and operational efficiency, launching new product lines such as gas pipes and water tanks and expanding into new product segments in agriculture and building products. Kriti Industries was recognized as the Best and Trusted Brand of 2023 by The Economic Times Edge. It also secured preferential issue proceeds of approximately INR 150 crore aimed at business expansion and working capital support. The company maintains active investor engagement through periodic earnings calls and analyst meets, reflecting transparent corporate governance and strategic outlook. Kriti Industries focuses on industrial, agricultural, and building markets in India and continuously invests in technology and manufacturing capabilities to support sustainable growth. It is promoted by its founder and chairman, Shiv Singh Mehta, and is supported by a team of senior managers experienced across sectors. The company operates multiple manufacturing facilities equipped with advanced extrusion and injection molding machinery to support a broad product portfolio that meets diverse customer requirements ranging from plumbing, irrigation, and industrial applications to water storage and gas distribution. Recent strategic changes underscore Kriti Industries' commitment to expanding its footprint and product offerings in the plastic pipes and fittings sector domestically.