Krishca Strapping
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Krishca Strapping Solutions' board approved a proposal to migrate its equity shares from NSE's Emerge platform to the main board of NSE and seek simultaneous direct listing on BSE's main board, subject to shareholder, exchange and regulatory approvals. The board also scheduled the company's ninth annual general meeting for September 29, 2026, at 11am through video conferencing. Krishca reported revenue of ₹105.02 crore and net profit of ₹13.24 crore in FY24. Its business comprised steel strapping, packaging and related business-support services, while exports accounted for about 16% of FY24 revenue.
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Krishca Strapping Solutions' board approved a proposal to migrate its equity shares from NSE's Emerge platform to the main board of NSE and seek simultaneous direct listing on BSE's main board, subject to shareholder, exchange and regulatory approvals. The board also scheduled the company's ninth annual general meeting for September 29, 2026, at 11am through video conferencing. Krishca reported revenue of ₹105.02 crore and net profit of ₹13.24 crore in FY24. Its business comprised steel strapping, packaging and related business-support services, while exports accounted for about 16% of FY24 revenue.
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July 20 (Reuters) - Krishca Strapping Solutions Ltd KRIT.NS:
KRISHCA STRAPPING - TO ACQUIRE 50.05% STAKE IN MANDA STAINLESS
KRISHCA STRAPPING - DEAL FOR 73.6 MILLION RUPEES
Source text: [ID:]
Further company coverage: KRIT.NS
(([email protected];))
July 20 (Reuters) - Krishca Strapping Solutions Ltd KRIT.NS:
KRISHCA STRAPPING - TO ACQUIRE 50.05% STAKE IN MANDA STAINLESS
KRISHCA STRAPPING - DEAL FOR 73.6 MILLION RUPEES
Source text: [ID:]
Further company coverage: KRIT.NS
(([email protected];))
July 6 (Reuters) - Krishca Strapping Solutions Ltd KRIT.NS:
KRISHCA STRAPPING SOLUTIONS - APPROVES ACQUISITION OF 50.05% EQUITY STAKE IN MANDA STAINLESS PRIVATE
Source text: ID:nNSE17ZPhD
Further company coverage: KRIT.NS
(([email protected];))
July 6 (Reuters) - Krishca Strapping Solutions Ltd KRIT.NS:
KRISHCA STRAPPING SOLUTIONS - APPROVES ACQUISITION OF 50.05% EQUITY STAKE IN MANDA STAINLESS PRIVATE
Source text: ID:nNSE17ZPhD
Further company coverage: KRIT.NS
(([email protected];))
Feb 10 (Reuters) - Krishca Strapping Solutions Ltd KRIT.NS:
KRISHCA STRAPPING SOLUTIONS LTD - ISSUE PRICE SET AT 233 RUPEES PER SHARE
Source text: ID:nNSE6HDzzK
Further company coverage: KRIT.NS
(([email protected];))
Feb 10 (Reuters) - Krishca Strapping Solutions Ltd KRIT.NS:
KRISHCA STRAPPING SOLUTIONS LTD - ISSUE PRICE SET AT 233 RUPEES PER SHARE
Source text: ID:nNSE6HDzzK
Further company coverage: KRIT.NS
(([email protected];))
** Shares of Krishca Strapping Solutions KRIT.NS rises exchange-allowed maximum of 5% to 216.80 rupees
** Steel straps maker on Monday said it has won two orders worth total 657.5 mln rupees ($7.7 mln) from ESL Steel Ltd (Vedanta Group), Jharkhand
** Stock down 29.1% so far in March quarter, on track for second straight quarterly fall
($1 = 85.7700 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of Krishca Strapping Solutions KRIT.NS rises exchange-allowed maximum of 5% to 216.80 rupees
** Steel straps maker on Monday said it has won two orders worth total 657.5 mln rupees ($7.7 mln) from ESL Steel Ltd (Vedanta Group), Jharkhand
** Stock down 29.1% so far in March quarter, on track for second straight quarterly fall
($1 = 85.7700 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Dec 9 (Reuters) - Krishca Strapping Solutions Ltd KRIT.NS:
KRISHCA STRAPPING SOLUTIONS LTD - GOT ORDER WORTH 48.5 MILLION RUPEES
Source text: [ID:]
Further company coverage: KRIT.NS
(([email protected];))
Dec 9 (Reuters) - Krishca Strapping Solutions Ltd KRIT.NS:
KRISHCA STRAPPING SOLUTIONS LTD - GOT ORDER WORTH 48.5 MILLION RUPEES
Source text: [ID:]
Further company coverage: KRIT.NS
(([email protected];))
April 25 (Reuters) - Krishca Strapping Solutions Ltd KRIT.NS:
GETS CONTRACT FROM SHYAM METALICS AND ENERGY WITH INITIAL VALUE AT 18.1 MILLION RUPEES
Source text for Eikon: ID:nNSECxnL9
Further company coverage: KRIT.NS
(([email protected];))
April 25 (Reuters) - Krishca Strapping Solutions Ltd KRIT.NS:
GETS CONTRACT FROM SHYAM METALICS AND ENERGY WITH INITIAL VALUE AT 18.1 MILLION RUPEES
Source text for Eikon: ID:nNSECxnL9
Further company coverage: KRIT.NS
(([email protected];))
** Shares of Krishca Strapping Solutions KRIT.NS rise 12% to 254 rupees
** The industrial machinery and equipment maker gets order worth 202.5 mln rupees ($2.5 mln) from Vedanta VDAN.NS for a three-year period, starting April 1
** Shares of VDAN up 0.6%
** KRIT snaps three consecutive sessions of decline
** More than 53,000 shares change hands, 1.1x its 30-day avg
** Stock up 3.3% so far this week, set to snap two consecutive weeks of decline
($1 = 82.7825 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Krishca Strapping Solutions KRIT.NS rise 12% to 254 rupees
** The industrial machinery and equipment maker gets order worth 202.5 mln rupees ($2.5 mln) from Vedanta VDAN.NS for a three-year period, starting April 1
** Shares of VDAN up 0.6%
** KRIT snaps three consecutive sessions of decline
** More than 53,000 shares change hands, 1.1x its 30-day avg
** Stock up 3.3% so far this week, set to snap two consecutive weeks of decline
($1 = 82.7825 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Aug 10 (Reuters) - Krishca Strapping Solutions Ltd KRIT.NS:
ENTERING PACKING CONTRACT WORTH 20 MILLION RUPEES
Source text for Eikon: ID:nNSE9yjjy1
Further company coverage: KRIT.NS
(([email protected];;))
Aug 10 (Reuters) - Krishca Strapping Solutions Ltd KRIT.NS:
ENTERING PACKING CONTRACT WORTH 20 MILLION RUPEES
Source text for Eikon: ID:nNSE9yjjy1
Further company coverage: KRIT.NS
(([email protected];;))
July 3 (Reuters) - Krishca Strapping Solutions Ltd KRIT.NS:
APPROVED INCORPORATION OF UNIT IN DUBAI IN WHICH CO WILL BE HOLDING 90% STAKE
COST OF ACQUISITION ESTIMATED AT ABOUT AED 45000
Source text for Eikon: ID:nNSEb5sDx9
Further company coverage: KRIT.NS
(([email protected];))
July 3 (Reuters) - Krishca Strapping Solutions Ltd KRIT.NS:
APPROVED INCORPORATION OF UNIT IN DUBAI IN WHICH CO WILL BE HOLDING 90% STAKE
COST OF ACQUISITION ESTIMATED AT ABOUT AED 45000
Source text for Eikon: ID:nNSEb5sDx9
Further company coverage: KRIT.NS
(([email protected];))
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What does Krishca Strapping do?
Krishca Strapping Solutions is a startup offering high-quality Steel Straps, Seals, and packaging solutions to the steel industry. With a focus on providing total packaging solutions, it aims to deliver consistent quality and value to customers through leading-edge manufacturing processes.
Who are the competitors of Krishca Strapping?
Krishca Strapping major competitors are Ahmd.Steelcraft, Riddhi Steel & Tube, D.P. Wires, Vibhor Steel Tubes, Rudra Global Infra, Rathi Steel & Power, Remi Edelstahl Tub.. Market Cap of Krishca Strapping is ₹253 Crs. While the median market cap of its peers are ₹219 Crs.
Is Krishca Strapping financially stable compared to its competitors?
Krishca Strapping seems to be less financially stable compared to its competitors. Altman Z score of Krishca Strapping is 2.79 and is ranked 8 out of its 8 competitors.
Does Krishca Strapping pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Krishca Strapping latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Krishca Strapping allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Krishca Strapping balance sheet?
Balance sheet of Krishca Strapping is moderately strong.
Is the profitablity of Krishca Strapping improving?
No, profit is decreasing. The profit of Krishca Strapping is ₹11.43 Crs for TTM, ₹11.61 Crs for Mar 2025 and ₹13.24 Crs for Mar 2024.
Is the debt of Krishca Strapping increasing or decreasing?
Yes, The net debt of Krishca Strapping is increasing. Latest net debt of Krishca Strapping is ₹74.48 Crs as of Mar-26. This is greater than Mar-25 when it was ₹31.98 Crs.
Is Krishca Strapping stock expensive?
Krishca Strapping is not expensive. Latest PE of Krishca Strapping is 22.14, while 3 year average PE is 28.91. Also latest EV/EBITDA of Krishca Strapping is 6.43 while 3yr average is 15.06.
Has the share price of Krishca Strapping grown faster than its competition?
Krishca Strapping has given lower returns compared to its competitors. Krishca Strapping has grown at ~-38.28% over the last 2yrs while peers have grown at a median rate of -32.65%
Is the promoter bullish about Krishca Strapping?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 52.69% and last quarter promoter holding is 51.86%.
Are mutual funds buying/selling Krishca Strapping?
There is Insufficient data to gauge this.