- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
**1. Business Performance:**
Krishca Strapping delivered strong H1 FY26 results. Total Income surged 45.33% YoY to ₹92.78 Cr, while EBITDA jumped 57.92% YoY to ₹15.09 Cr. Net Profit grew 13.51% YoY to ₹6.18 Cr. The company specializes in steel strappings and primary packaging, expanding internationally.
**2. Growth Drivers or Strategy:**
Key strategies involve expanding into advanced materials via a new subsidiary, Vajra Alloys. Krishca is investing in a Cold Rolling Mill for special steel and aims to grow its steel strapping market share from 10% to over 30%. It's aggressively expanding high-value packaging services, targeting 50% of topline from these offerings, and pursuing global expansion.
**3. Recent Developments:**
Recent wins include new orders from Vedanta Limited and consolidated contracts with ESL Steel. Krishca also initiated a Superalloy division.
**4. Key Financial Metrics:**
H1 FY26 EPS stood at ₹4.12. For FY25, Total Income was ₹151.08 Cr, EBITDA ₹24.29 Cr, and PAT ₹11.60 Cr.
**5. Management Commentary / Outlook:**
Management highlighted operational improvements and a healthier product mix as key drivers. They are confident in delivering sustained growth and stronger financial performance in H2 FY26, citing a robust order pipeline, export opportunities, and packaging services expansion.