Kritika Wires Limited (KRITIKA) - Net Assets
Based on the latest financial reports, Kritika Wires Limited (KRITIKA) has net assets worth Rs1.01 Billion INR (≈ $10.90 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.77 Billion ≈ $19.11 Million USD) and total liabilities (Rs758.39 Million ≈ $8.20 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check KRITIKA strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.01 Billion |
| % of Total Assets | 57.07% |
| Annual Growth Rate | 14.69% |
| 5-Year Change | 46.17% |
| 10-Year Change | 195.92% |
| Growth Volatility | 20.28 |
Kritika Wires Limited - Net Assets Trend (2013–2026)
This chart illustrates how Kritika Wires Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Kritika Wires Limited stock valuation.
Annual Net Assets for Kritika Wires Limited (2013–2026)
The table below shows the annual net assets of Kritika Wires Limited from 2013 to 2026. Also explore net asset growth rate of Kritika Wires Limited to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs1.01 Billion ≈ $10.90 Million |
+6.80% |
| 2025-03-31 | Rs944.04 Million ≈ $10.21 Million |
+11.94% |
| 2024-03-31 | Rs843.37 Million ≈ $9.12 Million |
+13.89% |
| 2023-03-31 | Rs740.50 Million ≈ $8.01 Million |
+7.35% |
| 2022-03-31 | Rs689.79 Million ≈ $7.46 Million |
+6.40% |
| 2021-03-31 | Rs648.30 Million ≈ $7.01 Million |
+1.34% |
| 2020-03-31 | Rs639.75 Million ≈ $6.92 Million |
+2.41% |
| 2019-03-31 | Rs624.71 Million ≈ $6.76 Million |
+60.15% |
| 2018-03-31 | Rs390.08 Million ≈ $4.22 Million |
+14.49% |
| 2017-03-31 | Rs340.71 Million ≈ $3.68 Million |
+15.87% |
| 2016-03-31 | Rs294.04 Million ≈ $3.18 Million |
+3.70% |
| 2015-03-31 | Rs283.56 Million ≈ $3.07 Million |
+1.51% |
| 2014-03-31 | Rs279.35 Million ≈ $3.02 Million |
+64.58% |
| 2013-03-31 | Rs169.73 Million ≈ $1.84 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Kritika Wires Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3118.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs474.16 Million | 47.03% |
| Common Stock | Rs532.56 Million | 52.82% |
| Other Comprehensive Income | Rs475.67 Million | 47.18% |
| Total Equity | Rs1.01 Billion | 100.00% |
Kritika Wires Limited Competitors by Market Cap
The table below lists competitors of Kritika Wires Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tips Films Limited
NSE:TIPSFILMS
|
$14.98 Million |
|
Shape Robotics AS
CO:SHAPE
|
$14.98 Million |
|
TPC Co. Ltd
KQ:130740
|
$14.99 Million |
|
Made SA
PA:MLMAD
|
$15.00 Million |
|
DAVIDsTEA Inc
F:DAT
|
$14.97 Million |
|
Seyitler Kimya Sanayi AS
IS:SEYKM
|
$14.96 Million |
|
Kingsmen C.M.T.I. Public Company Limited
BK:K
|
$14.96 Million |
|
PC Direct Inc
KQ:051380
|
$14.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kritika Wires Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 944,040,000 to 1,008,228,000, a change of 64,188,000 (6.8%).
- Net income of 61,942,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 474,168,000.
- Other factors decreased equity by 471,922,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs61.94 Million | +6.14% |
| Other Comprehensive Income | Rs474.17 Million | +47.03% |
| Other Changes | Rs-471.92 Million | -46.81% |
| Total Change | Rs- | 6.80% |
Book Value vs Market Value Analysis
This analysis compares Kritika Wires Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.39x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.18x to 1.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs1.63 | Rs5.20 | x |
| 2014-03-31 | Rs3.15 | Rs5.20 | x |
| 2015-03-31 | Rs3.19 | Rs5.20 | x |
| 2016-03-31 | Rs3.31 | Rs5.20 | x |
| 2017-03-31 | Rs3.84 | Rs5.20 | x |
| 2018-03-31 | Rs4.39 | Rs5.20 | x |
| 2019-03-31 | Rs8.19 | Rs5.20 | x |
| 2020-03-31 | Rs2.40 | Rs5.20 | x |
| 2021-03-31 | Rs2.43 | Rs5.20 | x |
| 2022-03-31 | Rs2.59 | Rs5.20 | x |
| 2023-03-31 | Rs2.78 | Rs5.20 | x |
| 2024-03-31 | Rs3.17 | Rs5.20 | x |
| 2025-03-31 | Rs3.56 | Rs5.20 | x |
| 2026-03-31 | Rs3.74 | Rs5.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kritika Wires Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.14%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.89%
- • Asset Turnover: 3.93x
- • Equity Multiplier: 1.75x
- Recent ROE (6.14%) is below the historical average (6.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.12% | 1.14% | 1.76x | 3.55x | Rs-4.88 Million |
| 2014 | 3.62% | 0.68% | 1.52x | 3.49x | Rs-17.82 Million |
| 2015 | 1.52% | 0.24% | 1.94x | 3.33x | Rs-24.06 Million |
| 2016 | 3.57% | 0.49% | 1.87x | 3.94x | Rs-18.92 Million |
| 2017 | 7.83% | 1.30% | 1.82x | 3.32x | Rs-7.41 Million |
| 2018 | 12.66% | 1.93% | 1.90x | 3.46x | Rs10.36 Million |
| 2019 | 10.80% | 2.46% | 1.90x | 2.31x | Rs4.99 Million |
| 2020 | 2.35% | 0.88% | 1.28x | 2.09x | Rs-48.94 Million |
| 2021 | 1.21% | 0.58% | 1.01x | 2.06x | Rs-57.00 Million |
| 2022 | 5.84% | 1.65% | 1.97x | 1.79x | Rs-28.72 Million |
| 2023 | 8.08% | 2.12% | 2.39x | 1.60x | Rs-14.19 Million |
| 2024 | 12.33% | 2.41% | 2.83x | 1.81x | Rs19.67 Million |
| 2025 | 10.74% | 1.36% | 4.15x | 1.90x | Rs6.94 Million |
| 2026 | 6.14% | 0.89% | 3.93x | 1.75x | Rs-38.88 Million |
Industry Comparison
This section compares Kritika Wires Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,232,802,929
- Average return on equity (ROE) among peers: 10.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kritika Wires Limited (KRITIKA) | Rs1.01 Billion | 7.12% | 0.75x | $14.97 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $-100.86 Million | 0.00% | 0.00x | $2.64 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $3.68 Billion | 18.67% | 1.71x | $6.82 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $525.87 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-209.12 Million | 0.00% | 0.00x | $36.55 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $676.44 Million | 2.18% | 1.17x | $128.43 Million |
| Electrotherm (India) Limited (ELECTHERM) | $587.16 Million | 32.01% | 5.36x | $127.54 Million |
| Grand Foundry Limited (GFSTEELS) | $-64.92 Million | 0.00% | 0.00x | $8.37 Million |
| Goodluck India Limited (GOODLUCK) | $2.10 Billion | 15.61% | 2.20x | $185.93 Million |
| Godawari Power And Ispat limited (GPIL) | $4.56 Billion | 13.49% | 0.95x | $1.64 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $6.49 Billion | 11.66% | 0.88x | $121.54 Million |
About Kritika Wires Limited
Kritika Wires Limited engages in the manufacturing, exporting and supplying various industrial steel, galvanized, and aluminum wires in India. The company offers mild steel, GI stay, A.C.S.R core, cotton bailing, indented PC, spring steel, barbed, umbrella rib, and rolling shutter wires, as well as galvanized strands for earthing, ACSR core wire strands, and PC strands for railway sleepers. It ex… Read more