Kritika Wires Ltd. – Company Report
1. Company Overview
Kritika Wires Ltd., incorporated in 2004 and headquartered in Howrah, West Bengal, is a leading Indian manufacturer of steel and galvanized wires. Part of the Jai Hanuman Group, the company is one of the largest wire and galvanizing units in the country, supplying critical infrastructure segments including State Electricity Boards, Power Grid Corporation, Indian Railways, defence, and engineering sectors.
The company operates a 66,200 MT/year manufacturing facility in Sankrail Industrial Park, supported by advanced machinery, stringent QA processes, and a robust in-house R&D facility. Kritika Wires is ISO 9001:2015, ISO 14001:2015, and OHSAS 18001:2007 certified, employing over 400 people.
- Incorporated: 2004
- Headquarters: Howrah, West Bengal, India
- Certifications: ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007
- Manufacturing Capacity: 66,200 MT/year
- Key Sectors Served: Power, Railways, Defence, Infrastructure, General Engineering
- Employees: 400+
- Stock Listing: NSE SME
- Market Cap (July 2025): ~₹247–259 crore
- Promoters: Jai Hanuman Group (Naresh Kr Agarwal, Hanuman Prasad Agarwal)
Kritika’s growth is backed by technology adoption, customer-centric management, and a diversified product portfolio, serving both domestic and global markets.
2. Products and Services
Kritika Wires Ltd. manufactures a wide range of precision wire products for multiple industrial applications:
Core Product Portfolio
- Mild Steel (MS) Wire
- Galvanized Iron (G.I.) Stay Wire
- Galvanized Strand for Earthing
- ACSR Core Wire
- ACSR Core Wire Strand
- Spring Steel Wire
- Barbed Wire
- Umbrella Rib Wire
- Rolling Shutter Wire
- Armouring Wire
- Cable G.I. Stay Wire
- Pre-stressed Concrete (P.C.) Wire
- Mild Steel & High Carbon Wire
- MIG Welding Wire
End-Use Applications
- Electricity distribution and transmission infrastructure
- Railways, NHPC, NTPC, and Power Grid Corporation
- Defence and infrastructure projects
- Automotive components and general engineering
- Wire knitting and metal fabrication industries
Technology and Quality Control
- In-house R&D facility for product innovation
- PLC-based automation and modern testing labs
- Emphasis on durability, tensile strength, and electrical performance
- Continuous investment in technology upgrades and timely delivery assurance
3. Recent News and Financial Performance
Business Developments
- Continued product line expansion and technology integration
- Board-level management changes noted in July 2025
- Maintains compliance with statutory reporting and audits
- Sustains investments in automation and service delivery enhancement
4. Financial Performance (FY2025)
| Metric | FY2025 |
|---|---|
| Total Revenue | ₹760 crore |
| Net Profit | ₹10.13 crore |
| Net Profit Margin | 1.4% |
| EPS | ₹0.38 |
| ROE (Return on Equity) | 11.3% |
| Dividend | No payout |