Kritika Wires Limited (KRITIKA.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-1232.2%

-₹56.27

vs ₹4.97 price

Levered DCF

₹27.72

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

B-

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	19.83×	22.34×	41.92×	12.36×	16.33×	83.33×	39.12×	2.5×
P/B	1.22×	2.38×	5.16×	0.98×	0.95×	1.01×	0.92×	0.27×
P/S	0.18×	0.3×	1.01×	0.26×	0.27×	0.48×	0.34×	0.06×
EV / EBITDA	12.46×	11.03×	24.44×	7.06×	8.1×	35.82×	20.07×	3.23×
Gross margin	5.9%	5.6%	8.9%	4.9%	4.6%	10.0%	12.3%	14.2%
Operating margin	1.4%	0.7%	7.6%	2.7%	2.5%	0.1%	0.8%	5.1%
Net margin	0.9%	1.4%	2.4%	2.1%	1.7%	0.6%	0.9%	2.5%
Current ratio	1.9×	1.71×	1.86×	2.09×	2.1×	1.63×	1.55×	1.48×
Debt / equity	0.55×	0.54×	0.48×	0.3×	0.31×	0.48×	0.47×	0.68×
Interest coverage	2.33×	0.9×	8.46×	2.44×	2.41×	0.04×	0.23×	1.73×
Dividend yield	0.0%	0.0%	0.0%	1.2%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	14.8%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	6.1%	10.7%	12.3%	8.1%	5.8%	1.2%	2.4%	10.8%
Return on invested capital	5.3%	2.3%	19.7%	6.1%	4.9%	0.1%	1.1%	8.9%
Return on assets	3.5%	5.6%	6.8%	5.1%	3.3%	0.6%	1.1%	4.7%
Free cash flow yield	11.5%	-2.0%	1.0%	-10.7%	25.1%	2.2%	28.2%	-30.5%
Earnings yield	5.0%	4.5%	2.4%	8.3%	6.2%	1.2%	2.6%	40.2%
Enterprise value	₹1.7B	₹2.7B	₹4.6B	₹930.5M	₹839.6M	₹950.7M	₹888.4M	₹564.7M
Net debt / EBITDA	3.65×	1.79×	1.13×	1.57×	1.81×	11.24×	6.78×	2.27×
Cash conversion cycle (days)	52	43	53	76	90	181	115	97