{"id":181315,"date":"2026-02-18T16:10:37","date_gmt":"2026-02-18T21:10:37","guid":{"rendered":"https:\/\/alphastreet.com\/india\/kriti-industries-india-ltd-kritiind-q3-2026-earnings-call-transcript\/"},"modified":"2026-02-18T16:10:37","modified_gmt":"2026-02-18T21:10:37","slug":"kriti-industries-india-ltd-kritiind-q3-2026-earnings-call-transcript","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/kriti-industries-india-ltd-kritiind-q3-2026-earnings-call-transcript\/","title":{"rendered":"KRITI INDUSTRIES (INDIA) LTD (KRITIIND) Q3 2026 Earnings Call Transcript"},"content":{"rendered":"

KRITI INDUSTRIES (INDIA) LTD (NSE: KRITIIND) Q3 2026 Earnings Call dated Feb. 10, 2026<\/span><\/strong><\/p>\n

Corporate Participants:<\/h2>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

Rajesh Sisodia<\/strong> \u2014 Chief Financial Officer<\/em><\/p>\n

Ronak Osthwal:<\/strong><\/p>\n

Analysts:<\/h2>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

Heli Shah:<\/strong> \u2014 Analyst<\/em><\/p>\n

Aman Metha:<\/strong> \u2014 Analyst<\/em><\/p>\n

Harsh Mittal:<\/strong> \u2014 Analyst<\/em><\/p>\n

Tanish Jhaveri<\/strong> \u2014 Analyst<\/em><\/p>\n

Devansh Jain:<\/strong> \u2014 Analyst<\/em><\/p>\n

Presentation:<\/h2>\n

operator<\/strong><\/p>\n

Ladies and gentlemen, good day and welcome to the Kriti Industries India Limited Q3 and 9 months FY26 earnings conference call hosted by Arihan Capital Markets Limited. As a reminder, all participant lines will be in the listen only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing Star then zero on your touchtone phone. Please note that this conference has been recorded. I now hand the conference over to Ms. Ronak Oswal. Thank you. And over to you ma’.<\/p>\n

Ronak Osthwal:<\/strong><\/p>\n

Am. And welcome everyone. On behalf of Aryans Capital, we invite you to Kriti Industries India Limited Quarter 3 and 9 months FY26 earning earnings conference call. From the management side we have Mr. Shiv Singh Mehta sir, Chairman and Managing Director of the company and Mr. Rajesh Sisodia sir, CF of the company. So without any further delay I will hand over the call to the management for their opening remarks. Over to you sir.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

Thank you. Good afternoon and welcome to the earnings call for quarter three and nine months ended on 31st December 25th of Kriti Industries India Limited during the month of November 2025 earning calls. We had informed you that impact of heavy and extended rains has impacted overall sales of the company during this period. Certainly it had also impacted Q2 and Q3 and it has resulted in overall performance during this period. Agri sales are down by 30% in Q3 and 17% in preceding nine months on year on year basis respectively. Now sales are recovering and we hope to better in Q4 of the financial year 2025 26.<\/p>\n

I’ll now hand over the call to our CFO Mr. Rajesh Sisodia to take you through the financial highlights.<\/p>\n

Rajesh Sisodia<\/strong> \u2014 Chief Financial Officer<\/em><\/p>\n

Thank you very much sir. Good afternoon everyone. Let me take you through the company’s financial performance on a consolidated basis for the period under review. The revenue for the quarter is INR 135.79 crores reflect 35% decrease on year on year basis. At the EBITDA level the company reported a profit of 6 crores compared to a loss of 1.4 crores in the corresponding period last year. The net loss for the quarter is INR 2.51 crores including exceptional item of Rs. 77 lakhs on account of new labour code. For nine months of this financial year revenue is at INR 445.58 crores.<\/p>\n

A decline of 24% on year on year basis. While EBITDA is INR 17.82 crores translating into an EBITDA margin of 3.73%. At the PVT label the company reported a loss of 5.98 crores. With that, I open the floor for a question and answer session.<\/p>\n

operator<\/strong><\/p>\n

Thank you very much. We will now begin the question and answer session. Anyone who wishes to ask a question may press star and one on their touchstone telephone. If you wish to remove yourself from the question cue, you may press star and two participants are requested to use handsets while asking a question. Ladies and gentlemen, we will wait for a moment while the question queue assembles. We take the first question from the line of Praneet. An individual investor. Please proceed.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

Hi, thank you for the opportunity management. So first I’d like to ask about the overall manufacturing plan strategy. I understand that we have one plan with multiple depots. So exactly how are we planning on expanding our presence? Especially pipes is an industry where you cannot transport plays a huge factor in terms of our presence and our access to multiple geographies. How does the management see expanding or transitioning? Could you just explain the strategy behind it?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

As we have been maintaining that till the time critical volumes develop in any region we will not go multilocation. And as this year was a year of setback because of rains we would like to watch another quarters, couple of quarters our markets in new territories grow and accordingly we will take a call thereafter.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

But so basic. So in terms of depots, are we planning on expanding our depots? And with the depot, how from the depot, what is the geography we can service? Because let’s say if we have it somewhere close to one geography till what location can we service?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

In building material it’s easier because the transportation cost is affordable. While in agriculture large transportation costs are little difficult to absorb. So still we are working on both CNF as well as depot model and we are which are operative and we will continue to do that. We are already seeding certain markets as and when the quality quantitatively these markets evolve to a level where we see a potential of putting up a local plant. It is already on the consideration side based on the realization of those numbers.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

So what can be a tentative timeline and which geography you think will put up this tentative plant?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

You see, as I said, this year was a year of setback because of a consistent raise. So we will be looking at it after we are sure that things are back on track which we hope we will be able to see in coming one or two quarters. So we’ll take a call after one or two Quarters based on our own business successes in different areas.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

Understood. And I understand that with according to previous commentary that you’re slowly winding reducing the amount of exposure to the industrial business. So in terms of the green shoots for the building products, could you explain what’s been the updates and what’s. How has the company overall been growing and transitioning? How do you see the response and all of that? Because. Because we still have a small contribution and especially with the initial initials DE growing our revenue seems suppressed than it actually is. Even despite it being an intentional thing. Could you explain how the building product is going to compensate for that loss and further other factors that that particular business unit.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

As I told in the last earning call that our business shrank because of continuous range right from May till end October. This time we also saw that those dealers who were engaged in building product were also impacted because they were parallel dealerships. Now we have seen that and we have revised our plan and we are seeing the green shoots as far as building quality is concerned in last couple of months with the new strategy we are doing reasonably okay as per our plans. So we are on track it looks like to us.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

Got it. And the industrial, when do you see it completely winding down? What is the forecast for the industrial segment?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

You see industrial product business as such we are not very keen because you see the issue with the most of the EPC contractor is their payment cycle because they are in turn dependent upon the contracts they get. And our experience shows that when and how payment situation deteriorates is difficult to predict. So we are very careful and conscious not to increase our exposure. We will focus more on our retail markets where we are already strong and have a good brand presence.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

But do we expect it to further go down from the existing levels?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

No, no. We will not really look towards industrial products and business and expand beyond a limit. That’s what we have been maintaining. 100, 150 crores is the maximum. We are not looking more than that anytime.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay. So the existing level will remain continuous. It won’t grow and it won’t go below that.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

We will not do it.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

That got understood. And in terms of agri pipes, how has demand shifted? Because you see your other number, your competitor peers numbers. The numbers have been quite promising if you see supreme. So just wondering how are we in our market share or they’re taking market share from us and how are we growing? Because there’s been a positive momentum with the end of December and starting of Jan. So I was wondering how has the company experienced this positive momentum?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

You see, our major presence is in the central India where mp, Rajasthan, Maharashtra. So these areas have degrown because of consistent rains. And we are not present in other parts of country where the impact was not that much for us. These areas constitute majority of our business. And this area was impacted usually because of the rains for all the companies as I understand. So we were impacted more in terms of overall sales. But if you look at the market share, we have a belief that we have been able to maintain or maybe slightly improve our market share when there was no shortage of pipe from our side in the market.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

But is there a positive momentum in our existing markets or. The momentum didn’t start yet. I’m more curious about that because we.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

Are seeing that there is an improvement already. But we are very hopeful going forward because the raw material prices as they stand today, it’s a much more affordable level of pipe than what it used to be earlier. Number two, with the adequate water, the water bodies have adequate water for the coming crop seasons. So there should be a positive feeling in the customers that is farmers to buy more pipes this time.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

And regarding one more thing is cancellation of your warrants. What was the reason? Like why did the investor us cancel the warrants? Did they give any guidance or do you have any particular reason?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

So I presume the share prices were down and they must have impacted the decision of the subscribers of the warrant.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

But have they given you any insight or the prior notification? Like why is there a reason or you’re just assuming at this point of time?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

Assuming because we don’t, I mean give any guidance or any kind of information to a prospective investor. We only communicate through such earning calls.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

Understood. And regarding the CFO changes, I understand that now it’s been the same but like in the past, like four or five years, there’s been transition from 2018 there’s been transition of two, three people. I was just wondering what was the reason behind it?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

You see, I don’t see any reason but for the sake that they must have found better opportunities for themselves or we might not have been able to give them that kind of opportunity. But as you would know, Rajesh is here with us for some time. He was here before and he is again here with us.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, so understood. So what are the op? They were not. Got it. So do you think we expect to any change? Because CFOs changing in a short duration that repeatedly is not really appreciated easily. Investors are just curious.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

He’s here for now 3, 4 years without any break in between.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

Understood. Thank you. So much for your patient answer. That’s it. From my side. Thank you.<\/p>\n

operator<\/strong><\/p>\n

Thank you. Before we proceed with the next question, a reminder to the participants. In order to ask a question you may press star N1 on your Touchstone telephone. We take the next question from the line of Hayley Shah, an individual investor. Please proceed.<\/p>\n

Heli Shah:<\/strong> \u2014 Analyst<\/em><\/p>\n

Good afternoon sir. I would ask few questions. The first is the company has forfeited shares due to non repayment. Could you please confirm that? Is this accounting treatment applied in equity or rooted through the statement of profit and loss?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

I’m not very clear about your question. Rajesh, can you answer this question?<\/p>\n

Rajesh Sisodia<\/strong> \u2014 Chief Financial Officer<\/em><\/p>\n

So madam, in this case the fortunate amount is in the form of reserve as added to the equity.<\/p>\n

Heli Shah:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, sir. So the my next question is. Volumes in the agriculture segment falls. Can you explain the demand drivers below? How was this, why there was this fall and how the demand trend for next quarter and FY27 is seem to be.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

As we had explained, quarter two and quarter three were impacted by continuous sustained rainfall much above normal course both in terms of quantity and period of time. So most of the irrigational requirements were met through rainfall. That’s why there was a depletion in demand during this period. Going forward, as I was telling to the earlier call that. Yes, we are quite hopeful at the current prices and looking to the availability of water in water bodies. We are quite positive and hopeful for a better season.<\/p>\n

Heli Shah:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, sure. So the next question is which segment do you expect to recover first?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

No, we are expecting both on BP and Agri. A recovery.<\/p>\n

Heli Shah:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, sir. Thank you. That’s it for myself.<\/p>\n

operator<\/strong><\/p>\n

Thank you. We take the next question from the line of Aman Mehta, an individual investor. Please proceed. I would request Mr. Aman to mute and then speak.<\/p>\n

Aman Metha:<\/strong> \u2014 Analyst<\/em><\/p>\n

Hello. Yes, hi. Good afternoon. So just my one first question is.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

Going forward, your voice was breaking. I couldn’t get you clearly.<\/p>\n

Aman Metha:<\/strong> \u2014 Analyst<\/em><\/p>\n

So my question is. I’m audible.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

Yeah, you are audible. But his voice is breaking in between.<\/p>\n

Aman Metha:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, so please tell me if it’s breaking or not. So the question is, does the company have any plans to expand distributed network going forward?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

Yes, we are expanding our distributed distribution and we are continuously at it.<\/p>\n

Aman Metha:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, so is there any like state wise market share data that company can share?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

You see, there is no formal data of market share. But in our main territories which is mp Rajasthan and Maharashtra, we are quite well placed and we have a reasonably good market share and which we are holding on to.<\/p>\n

Aman Metha:<\/strong> \u2014 Analyst<\/em><\/p>\n

So can you please quantify it?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

Exact numbers are difficult to find because there is no official data. On exact market shares. But we are the predominant brand in our areas where we enjoy fairly good market share.<\/p>\n

Aman Metha:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, so and what would be the growth trajectory and the EBITDA market we can expect over the medium?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

You see, industry will continue to grow as per anticipated numbers at the rate of 7% and we hope to better this number as compared to industry average.<\/p>\n

Aman Metha:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, so. So the growth would be 7 plus x percentage.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

Yes, we are very hopeful on that.<\/p>\n

Aman Metha:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay sir, understood, understood. Thank you.<\/p>\n

operator<\/strong><\/p>\n

Thank you. We take the next question from the line of Harsh Mittal, an individual investor. Please proceed.<\/p>\n

Harsh Mittal:<\/strong> \u2014 Analyst<\/em><\/p>\n

So I have two questions. First question is so what has been the inventory related impact or loss if any during the period see this quarter.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

There was not much impact of inventory prices were more or less within a small range. And I it will be marginal impact which is difficult to calculate but not major impact.<\/p>\n

Harsh Mittal:<\/strong> \u2014 Analyst<\/em><\/p>\n

One more question. So what is the company’s PVC resin sourcing strategy including domestic versus imported procurement?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

You see domestic you have regular available quantities as per your contracts. In addition to that we have to buy almost about 60% from outside.<\/p>\n

Harsh Mittal:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, thank you so much.<\/p>\n

operator<\/strong><\/p>\n

Thank you. Before we proceed with the next question, a reminder to the participants in order to ask a question you may press star and one on your touch tone telephone. We take the next question from the line of Praneet, an individual investor. Please proceed.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

Thank you for the follow up. SO one a question regarding the inventory losses along with SO over the last two three years. What kind of inventory loss have we experienced let’s say in the last three years? Could management give some light on that?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

You see last three years we had very, you know, volatile material cycles and there was a quite heavy losses on account of inventory in few quarters. But current quarter as I was telling earlier we don’t see much loss in the Q3, 20, 25, 26 and exactly recall at the moment.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

The reason I ask is because if most since the prices have already corrected so much it’s not likely going to be a future scenario. So for us to estimate or understand the margins going forward we would like to understand like what has been the case in the past that led to the depressed earnings versus what is going to be a green shoot in the future. That’s the reason I ask if you can give some estimated number at least.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

You see you will see that even during last couple of weeks prices of raw materials started moving up. There been a improvement in prices because of those international prices. There were lot of discomfort for raw material manufacturers who are making the basic raw material. And I think the correction has set in already.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

Understood. But could like any possibility of giving a tentative amount of loss at least last year by any chance.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

Last year we had fairly exact number Will difficult. I’ll ask Rajesh to communicate separately. If you can get in touch with him, he’ll be able to give you a grant.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

Yeah, sure, I’ll get in touch with him. And one last question is regarding. I understand the forecast of reaching thousand crores by the end of 2829. Do we still stick to that guidance or do we expect to grow a little faster than that?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

We will try to grow faster than 2829, still two years away. So we will certainly like to do better than that.<\/p>\n

Praneeth:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, so the idea is to cross the thousand crore marker 28, right? Yes, got it. Understood. Thank you so much. That’s it. From my side.<\/p>\n

operator<\/strong><\/p>\n

Thank you. We take the next question from the left. Tanish the very from Boring amc please proceed.<\/p>\n

Tanish Jhaveri<\/strong> \u2014 Analyst<\/em><\/p>\n

Hi, yeah, I would like to know how the demand shaping up currently and are we seeing any uptick in the PVC prices? Because we understand that they had bottomed out recently. If you can add some color on it. And when we can also see a double digit kind of operating margin going ahead.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

See the prices of resin have already started correcting in month of last month and this month even our local producers have increased prices three times. So prices are looking up. Number two, as far as demand forecast with this kind of scenario where prices already bottomed out A when water bodies are full of water and we clearly see that going forward there should be a better demand projection.<\/p>\n

Tanish Jhaveri<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, so when can we expect like a double digit operating margin? Like we are now sitting at a low single digit. So when can we see something like 10%, 11% that we did last year in 2021.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

See first let us target closer to 10%. Then we can think about getting into double digit. So first, because making any forecast without any substantive ways would be not right, let’s prove a quarter or two. Where do we stand? We’ll try to inch closer to 10% first and then we’ll go and improve upon that.<\/p>\n

Tanish Jhaveri<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay. And also I wanted to understand more on the CPVC side. How was that demand now picking up? Because I think we had a degrowth last quarter. Have you seen any kind of an uptick?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

Now you see, as I had mentioned earlier, building material are showing positive movement and we hope to see quarter on quarter improvement on building material that will be reflected in our results going forward.<\/p>\n

Tanish Jhaveri<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, yeah, thank you. That’s it. From my side.<\/p>\n

operator<\/strong><\/p>\n

Thank you. We take the next question from the line of Devansh Jain from Eternal Capital. Please proceed.<\/p>\n

Devansh Jain:<\/strong> \u2014 Analyst<\/em><\/p>\n

Yeah, hi. Thank you so much for the opportunity. So I just wanted to understand more on the competition front and is the company facing any heightened competition from large scale manufacturers as such?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

I couldn’t get you a later part of the question. First question was about the competition. What is the. Can you repeat?<\/p>\n

Devansh Jain:<\/strong> \u2014 Analyst<\/em><\/p>\n

Yeah, so I was just asking are you facing any specific competition from the large scale manufacturers?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

You see, our product in our areas sells as a branded product which hits its own demand. So here we are, the leaders in our area where we are normally ahead of anyone else in both pricing as well as demand.<\/p>\n

Devansh Jain:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, understood. And sir, any plans to increase the capacity in the foreseeable future?<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

See, because we had a bad run in last two, three quarters, we will first observe for a quarter or two and then decide on further expansion of capacities.<\/p>\n

Devansh Jain:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, got it. Thank you so much sir. That clears a lot.<\/p>\n

operator<\/strong><\/p>\n

Thank you. Participants, in order to ask a question you may press star and one on your touchstone telephone. We take the next question from the line of Tanish from Boring amc. Please proceed.<\/p>\n

Tanish Jhaveri<\/strong> \u2014 Analyst<\/em><\/p>\n

Yeah, hi, just to one more question that I had. So we had our warrants cancelled, right? So any like vision from the promoters to infuse equity in another form or any fundraising plan by the company like.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

Invokes anything immediate need of any funds and as and when required, promoters will not hesitate to do whatever is required.<\/p>\n

Aman Metha:<\/strong> \u2014 Analyst<\/em><\/p>\n

Okay, sure.<\/p>\n

Tanish Jhaveri<\/strong> \u2014 Analyst<\/em><\/p>\n

Thank you.<\/p>\n

operator<\/strong><\/p>\n

Thank you. Participants, in order to ask a question you may press star and one on your touchstone telephone. Reminder to the participants, in order to ask a question you may press star and one. As there are no further questions from the participants, I would now like to hand the conference over over to the management for closing comments.<\/p>\n

Shiv Singh Mehta<\/strong> \u2014 Chairman and Managing Director<\/em><\/p>\n

Thank you all for participating in this earning conference call. I hope we have been able to answer your questions to your satisfaction. If you have any other questions you may contact company or through IR managers at Valorum Advisors. Thank you so much.<\/p>\n

operator<\/strong><\/p>\n

Thank you. On behalf of Arihan Capital Markets Ltd. That concludes this conference. Thank you for joining us and you may now disconnect your lines.<\/p>\n","protected":false},"excerpt":{"rendered":"

KRITI INDUSTRIES (INDIA) LTD (NSE: KRITIIND) Q3 2026 Earnings Call dated Feb. 10, 2026 Corporate Participants: Shiv Singh Mehta \u2014 Chairman and Managing Director Rajesh Sisodia \u2014 Chief Financial Officer Ronak Osthwal: Analysts: Praneeth: \u2014 Analyst Heli Shah: \u2014 Analyst Aman Metha: \u2014 Analyst Harsh Mittal: \u2014 Analyst Tanish Jhaveri \u2014 Analyst Devansh Jain: \u2014 […]<\/p>\n","protected":false},"author":2377,"featured_media":147581,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6349],"tags":[10169,9175,9104,9092,14492,13842,10089],"class_list":["post-181315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transcripts","tag-earnings","tag-earnings-call","tag-earnings-conference","tag-earnings-transcripts","tag-financial-results","tag-motherson","tag-quarterly-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":133981,"url":"https:\/\/alphastreet.com\/india\/kriti-industries-india-ltd-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":181315,"position":0},"title":"Kriti Industries (India) Ltd Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"September 16, 2022","format":false,"excerpt":"https:\/\/youtu.be\/l3PL38arTyY Key highlights from Kriti Industries (India) Ltd (KRITIIND) Q1 FY23 Earnings Concall Q&A Highlights: [00:06:49] Ankit Gupta from Bamboo Capital asked about the reason for demand getting impacted for PVC pipes for agriculture purposes. Shiv Singh MD replied that the impact was mainly due to the fire that constrained\u2026","rel":"","context":"In "Concall Highlights"","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":149665,"url":"https:\/\/alphastreet.com\/india\/kriti-industries-india-ltd-q1-fy24-52-rise-in-revenue\/","url_meta":{"origin":181315,"position":1},"title":"Kriti Industries (India) Ltd Q1 FY24; 52% rise in Revenue","author":"Hardik Bhandare","date":"July 24, 2023","format":false,"excerpt":"Kriti Industries (India) Ltd. is engaged in the manufacturing of plastic polymer piping systems, moulded plastic products, and accessories catering to the agriculture, building products, micro irrigation and infrastructure sector. Financial Results: Kriti Industries (India) Ltd reported Revenues for Q1FY24 of \u20b9279.55 Crores up from \u20b9183.54 Crore year on year,\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-152.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-152.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-152.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-152.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-152.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-152.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":41715,"url":"https:\/\/alphastreet.com\/india\/wipro-limited-wit-q2-2020-earnings-snapshot\/","url_meta":{"origin":181315,"position":2},"title":"Wipro Limited (WIT): Q2 2020 Earnings Snapshot","author":"Toby","date":"October 15, 2019","format":false,"excerpt":"-- Wipro Limited (NYSE: WIT) reported second-quarter 2020 earnings of $0.06 per share, in line with Wall Street projection -- Revenues grew 4% to $2.14 billion, vs. $2.13 billion expected. -- In Q2, IT Services revenue grew 2.5% to $2.05 billion. -- Wipro expects IT Services revenue to be $2.065\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"Earnings Update by AlphaStreet","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-Coverage-5.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-Coverage-5.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-Coverage-5.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-Coverage-5.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-Coverage-5.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":149662,"url":"https:\/\/alphastreet.com\/india\/kriti-nutrients-ltd-q1-fy24-550-rise-in-profits\/","url_meta":{"origin":181315,"position":3},"title":"Kriti Nutrients Ltd Q1 FY24; 550% rise in Profits","author":"Hardik Bhandare","date":"July 24, 2023","format":false,"excerpt":"Kriti Nutrients Ltd is part of the Kriti Group of companies. The Company is engaged in soybean processing, producing branded refined soybean oil and manufacturing value-added protein-based products that are used in specialised applications in the food and pharmaceutical sectors. Financial Results: Kriti Nutrients Ltd reported Revenues for Q1FY24 of\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-151.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-151.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-151.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-151.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-151.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-151.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":109778,"url":"https:\/\/alphastreet.com\/india\/infosys-limited-infy-q4-2021-earnings-call\/","url_meta":{"origin":181315,"position":4},"title":"Infosys Limited (INFY) Q4 2021 Earnings Call","author":"Sahil Anand","date":"April 21, 2021","format":false,"excerpt":"Infosys Limited (NYSE: INFY) Q4 2021 earnings call dated\u00a0Apr. 14, 2021 Corporate Participants: Sandeep Mahindroo\u00a0\u2014\u00a0Vice President, Financial Controller & Head \u2013 Investor Relations Salil Parekh\u00a0\u2014\u00a0Chief Executive Officer and Managing Director Pravin Rao\u00a0\u2014\u00a0Chief Operating Officer and Whole-time Director Nilanjan Roy\u00a0\u2014\u00a0Chief Financial Officer Analysts: Ankur Rudra\u00a0\u2014\u00a0JPMorgan \u2014 Analyst Diviya Nagarajan\u00a0\u2014\u00a0UBS \u2014 Analyst\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/04\/Infosys-Limited-Q4-2021-Earnings-Call.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/04\/Infosys-Limited-Q4-2021-Earnings-Call.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/04\/Infosys-Limited-Q4-2021-Earnings-Call.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/04\/Infosys-Limited-Q4-2021-Earnings-Call.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/04\/Infosys-Limited-Q4-2021-Earnings-Call.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/04\/Infosys-Limited-Q4-2021-Earnings-Call.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":140618,"url":"https:\/\/alphastreet.com\/india\/kriti-industries-india-ltd-kritiind-q3-fy23-earnings-concall-transcript\/","url_meta":{"origin":181315,"position":5},"title":"KRITI INDUSTRIES (INDIA) LTD (KRITIIND) Q3 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"February 9, 2023","format":false,"excerpt":"KRITI INDUSTRIES (INDIA) LTD (NSE:KRITIIND) Q3 FY23 Earnings Concall dated Feb. 08, 2023. 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