Kritika Wires Share Price Target 2025:Kritika Wires Ltd, incorporated in 2004, is a leading manufacturer, exporter, and supplier of Industrial Steel Wires and Galvanized Wires. With a strong presence in the market, the company is known for its quality products and professional management under the Jai Hanuman Group.
Business Overview:
KWL operates as a professionally managed company and is ISO 9001:2015, ISO 14001:2015, OHSA S18001:2007 certified. It caters to State Electricity Boards, Power Grid Corporation of India Ltd, and other industrial clients, manufacturing a wide range of steel wire and galvanized products.
Product Profile:
The company offers a diverse range of products, including Mild Steel Wire, GI Stay Wire, Galvanized Strand for Earthing, A.C.S.R Core Wire, and others, catering to various industrial needs.
Production Capacity:
KWL’s manufacturing facility at Sankrail Industrial Park, Howrah, boasts a total installed capacity of 66,200 MTPA, ensuring efficient production to meet market demands.
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Clientele:
KWL’s clientele includes both government and private companies involved in manufacturing cables, conductors, and electrification businesses. Some of its prominent clients include Bajaj Electricals, BRB, Godrej & Boyce, and Tata Projects, among others.
Change in Capital Structure:
The company recently proposed to increase its authorized share capital from Rs. 18.50 Cr to Rs. 54 Cr and recommended issuing bonus equity shares in the ratio of 2:1, indicating confidence in its growth trajectory.
Revenue Breakup – FY23:
In FY23, KWL’s revenue breakup consisted of approximately 96% from the sale of products, 2% from other operating revenue, and 2% from other income sources, highlighting its focus on core operations.
Geographical Revenue Split – FY23:
While KWL’s domestic revenue accounted for about 99% of its total revenue, its export revenue stood at around 1%, showcasing its strong domestic market presence.
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Kritika Wires Ltd’s Performance:
Despite challenges in the market, KWL has maintained a steady growth trajectory, driven by its strong product portfolio and customer-centric approach.
Market Analysis:
The steel wire industry is witnessing steady growth, driven by infrastructural development and industrial expansion, offering significant opportunities for KWL.
Growth Prospects:
With its robust production capacity and strong client base, KWL is well-positioned to capitalize on emerging opportunities, ensuring sustainable growth in the coming years.
SWOT Analysis:
- Strengths: Strong product portfolio, professional management, and established market presence.
- Weaknesses: Reliance on domestic market, potential supply chain disruptions.
- Opportunities: Infrastructure development, expanding export market, technological advancements.
- Threats: Intense competition, fluctuating raw material prices, regulatory changes.
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kritika wires share price target 2025 up to 2030
kritika wires share price target | Share Price Target |
kritika wires share price target 2024 | Rs.20 |
kritika wires share price target 2025 | Rs.30 |
kritika wires share price target 2026 | Rs.35 |
kritika wires share price target 2027 | Rs.40 |
kritika wires share price target 2028 | Rs.60 |
kritika wires share price target 2029 | Rs.50 |
kritika wires share price target 2030 | Rs.55 |
Conclusion:
Kritika Wires Ltd’s strong fundamentals, strategic initiatives, and commitment to quality position it well for future growth. With a focus on innovation and customer satisfaction, the company is poised to achieve new milestones in the steel wire industry.
FAQs
What is Kritika Wires Ltd’s current share price?
Kritika Wires Ltd’s current share price can be checked on stock market platforms or financial news websites.
How has KWL’s revenue grown over the past few years?
KWL’s revenue has shown steady growth over the past few years, driven by its strong product portfolio and expanding client base.
What are the key factors driving KWL’s growth?
Key factors driving KWL’s growth include its focus on quality products, customer satisfaction, and expansion into new markets.
Does Kritika Wires Ltd face any major challenges?
Like any other company, KWL faces challenges such as market competition, raw material price fluctuations, and regulatory changes.
What is the outlook for KWL’s share price in 2025?
The outlook for KWL’s share price in 2025 depends on various factors, including market conditions, company performance, and industry trends.
What is the kritika wires share price target for 2024?
Rs.20
What is the kritika wires share price target for 2025?
Rs.30
What is the kritika wires share price target for 2026?
Rs.35
What is the kritika wires share price target for 2027?
Rs.40
What is the kritika wires share price target for 2028?
Rs.60
What is the kritika wires share price target for 2029?
Rs.50
What is the kritika wires share price target for 2030?
Rs.55
Note-All posts are for Educational purposes.This is not any Investment Advisory.