Krishca Strapping Solutions Ltd. – Company Report
1. Company Overview
Krishca Strapping Solutions Ltd., incorporated in December 2017 and headquartered in Chennai, Tamil Nadu, is a leading Indian manufacturer and wholesaler of high-tensile steel straps, strapping seals, and strapping tools for industrial packaging applications. The company commenced commercial production at its Chennai plant in March 2020 and stands out as India’s first “lead-free” and eco-friendly producer of heat-treated steel strapping. Krishca operates an integrated state-of-the-art manufacturing facility with a capacity of 18,000 metric tons of steel straps and 80 million strapping seals per annum. With a dynamic workforce of around 50–60 employees, Krishca caters to over 100 customers including leading firms in steel and associated industries. The company is listed on Indian stock exchanges and has quickly established itself as a quality-first innovator in packaging solutions.
- Incorporated: December 2017
- Headquarters: Chennai, Tamil Nadu, India
- Listed: NSE (SME Platform)
- Manufacturing Facility: Chennai (18,000MT steel straps, 80MN seals/year)
- Employees: ~60
- Market Cap (July 2025): ~₹378 crore
- Key Executive: Mr. Bala Manikandan (Managing Director)
2. Products and Services
Krishca Strapping Solutions specializes in providing advanced and eco-friendly packaging solutions tailored for heavy industries:
High-Tensile Steel Straps:
- Available in variants such as Prime, Super Prime, and Ultra Prime
- Blue tempered, painted, and zinc-coated finish options
- Treated with wax coating and lubrication for compatibility with automatic packaging machinery
Strapping Seals:
- Snap-on, thread-on, nestack, open-flange, and push-type seals
- Custom color printing on seals for customer branding requirements
Strapping Tools:
- Complete range including manual, pneumatic, and combination tools sourced from global leaders
- Serviced and selected based on client-specific needs with support from factory-trained engineers
Custom Packaging Solutions:
- Super jumbo coils up to 500kg for large-volume users
- Pollution-free, PLC-controlled automated production with in-house heat treatment for steel
These offerings serve the steel, metals, logistics, and allied industrial sectors, ensuring safe and efficient transport of goods.
3. Recent News and Financial Performance
Business Developments
- Krishca reported robust order inflows and new packaging contract wins in FY2025, expanding its confirmed order book to nearly ₹51 crore for FY2026 and ₹121 crore for the next three years, ensuring strong revenue visibility.
- The company consistently invested in automation, capacity upgrades, and technology to maintain its quality and environmental standards.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹151.08 crore |
| Profit After Tax | ₹11.74 crore |
| EBITDA | ₹24.29 crore |
| EPS | ₹8.3 |
| Operating Margin | ~16% |
| Net Profit Margin | 7.8% |
| Dividend | No dividend declared |