Kriti Industries (India) Limited — Investor Meet, 28-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Kriti Industries reported Q4 revenue at ₹138 Cr, down 29.3% YoY, with EBITDA near breakeven and a net loss of ₹4 Cr. Full-year revenue fell 16.7% to ₹722 Cr, EBITDA margin contracted by 294 bps to 3.93%, and net loss was ₹4 Cr. Q4 volumes dropped 24% YoY, hurt by a 68% decline in industrial pipes, offset partially by 18% growth in building products. Annual volumes showed 5% growth in agri, 30% in building, but a 73% fall in industrial. Management aims for margin expansion toward 10%, focusing on agri/building segments, expanding regionally, and investing ₹38-39 Cr in capacity and product range. Pricing remains aligned with raw material costs. Tone is cautiously optimistic on steady growth driven by brand and distribution strength.