Krishca Strapping Solutions Limited — Investor Meet, 10-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Krishca Strapping Solutions reported 43% revenue growth to Rs. 151 Cr in FY25, with EBITDA rising 20% to Rs. 24.29 Cr despite steel price pressures and export margin erosion from Chinese competition. The cold rolling complex is scheduled for Q4 FY26 commissioning, expected to deliver 4-5% cost savings and support higher-margin steel sales. Packaging contract revenue surged from Rs. 3.16 Cr to Rs. 12.88 Cr, backed by Rs. 50.79 Cr confirmed orders for FY26 and Rs. 120.89 Cr over three years, driving a 25% revenue growth outlook. Export accounts for ~20% of revenue; diversification efforts are underway. Working capital rose due to contract ramp-up but should improve post cold mill integration. Management remains focused on top-line growth and margin stability near 15%, with PSU order eligibility advancing and Rs. 250 Cr tender opportunities anticipated. Tone is confident yet cautious on margin recovery.