Q3 2026 Kriti Industries (India) Limited Earnings Call Transcript
Key Points
- Kriti Industries (India) Ltd (BOM:526423) reported an improvement in EBITDA, achieving a profit of INR6 crores compared to a loss of INR1.4 crores in the same period last year.
- The company is seeing recovery in sales and expects better performance in Q4 of the financial year 2025-2026.
- Building materials segment is showing positive movement, with revised strategies leading to green shoots in recent months.
- The company is expanding its distribution network and is continuously working on seeding new markets.
- Kriti Industries (India) Ltd (BOM:526423) is optimistic about achieving a growth rate higher than the industry average of 7%.
- Revenue for the quarter decreased by 35% year-on-year, and the net loss for the quarter was INR2.51 crores.
- Agri sales were down by 30% in Q3 and 17% in the preceding 9 months on a year-on-year basis due to heavy and extended rains.
- The company experienced a decline in revenue by 24% for the 9 months of the financial year.
- There is uncertainty regarding the expansion of manufacturing plants due to the recent setbacks caused by weather conditions.
- The company faced challenges in the industrial product segment due to payment cycle issues with EPC contractors, leading to a cautious approach in this area.
Ladies and gentlemen, good day, and welcome to the Kriti Industries India Limited Q3 and 9 Months FY 2026 earnings conference call hosted by Arihant Capital Markets Limited. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Ms. Ronak Osthwal. Thank you, and over to you, ma'am.
Welcome, everyone. On behalf of Arihant Capital, we invite you to Kriti Industries India Limited Quarter 3 and 9 Months FY 2026 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, CFO 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.
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Thank you. Good afternoon, and welcome to
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