Kriti Industries (India) (BOM:526423) Net Current Asset Value: ₹2.91 (As of Mar. 2026) — 85% Below Median

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BOM:526423 Kriti Industries (India) Ltd BOM:526423
62 GF Score
Price ₹70.98
GF Value ₹83.02
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Kriti Industries (India) Net Current Asset Value?

Kriti Industries (India) BOM:526423 +5.00% 62 Net Current Asset Value is ₹2.91 as of Mar. 2026, which is 100% below its 10-year median of 19.97. GuruFocus rates BOM:526423 with a GF Score™ of 62/100 and a GF Value™ of ₹83.02 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,066 Construction companies, Kriti Industries (India) ranks worse than 91.18% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Kriti Industries (India)'s net current asset value per share for the quarter that ended in Mar. 2026 was ₹2.91.

The historical rank and industry rank for Kriti Industries (India)'s Net Current Asset Value or its related term are showing as below:

BOM:526423' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 16.42   Med: 19.97   Max: 58.01
Current: 24.39

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Kriti Industries (India) was 58.01. The lowest was 16.42. And the median was 19.97.

BOM:526423's Price-to-Net-Current-Asset-Value is ranked worse than
91.18% of 1066 companies
in the Construction industry
Industry Median: 3.19 vs BOM:526423: 24.39

Kriti Industries (India)  (BOM:526423) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Kriti Industries (India) Net Current Asset Value Related Terms


Kriti Industries (India) Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Kriti Industries (India)'s Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kriti Industries (India) Net Current Asset Value Chart

Kriti Industries (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.50 -3.07 -4.94 1.66 2.91

Kriti Industries (India) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.66 0.00 3.20 0.00 2.91

BOM:526423 vs TT, JCI, CARR: Net Current Asset Value Comparison

For the Building Products & Equipment subindustry, Kriti Industries (India)'s Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kriti Industries (India) Price-to-Net-Current-Asset-Value vs Construction Industry

For the Construction industry and Industrials sector, Kriti Industries (India)'s Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Kriti Industries (India)'s Price-to-Net-Current-Asset-Value falls into.


BOM:526423
62GF Score
Kriti Industries (India) Ltd BOM:526423
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kriti Industries (India) Net Current Asset Value Calculation

Kriti Industries (India)'s Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2763.235-2610.055-0-0)/52.696
=2.91

Kriti Industries (India)'s Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2763.235-2610.055-0-0)/52.696
=2.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of ₹2.91 mean?
Kriti Industries (India) (BOM:526423) has a Net Current Asset Value of ₹2.91 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Kriti Industries (India) and its competitors. This is 85% below median its historical median of 19.97. Over the past decade, Kriti Industries (India)'s Net Current Asset Value has ranged from 16.42 to 58.01. According to the industry distribution chart, Kriti Industries (India) ranks #972 out of 1066 companies in the Construction industry, placing it in the top 91.2%.
Is Kriti Industries (India)'s Net Current Asset Value too high?
Kriti Industries (India)'s current Net Current Asset Value of ₹2.91 is 85% below median its 10-year median of 19.97. Over the past 10 years, this metric has ranged from a low of 16.42 to a high of 58.01. Based on the distribution chart, Kriti Industries (India) ranks #972 out of 1066 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Kriti Industries (India) has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kriti Industries (India)'s Net Current Asset Value compare to TT and JCI?
According to the Construction industry distribution chart, Kriti Industries (India) ranks #972 out of 1066 companies for Net Current Asset Value. This places Kriti Industries (India) in the lower half of its industry. The industry median Net Current Asset Value is 3.19. Historically, Kriti Industries (India)'s own Net Current Asset Value has ranged from 16.42 to 58.01 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Construction company?
The median Net Current Asset Value among Construction companies is 3.19, based on 1,066 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Kriti Industries (India) and its competitors. For the Construction industry, the median Net Current Asset Value is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kriti Industries (India)'s current Net Current Asset Value is ₹2.91, which is 85% below median its own 10-year median of 19.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kriti Industries (India) stock overvalued right now?
Based on GuruFocus' analysis, Kriti Industries (India) (BOM:526423) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹83.02, compared to a current price of ₹70.98 — trading 14.5% below its estimated fair value. The current Net Current Asset Value is ₹2.91, which is 85% below median its 10-year median of 19.97. Kriti Industries (India)'s overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Kriti Industries (India) (BOM:526423), the current Net Current Asset Value is ₹2.91 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kriti Industries (India) (BOM:526423) Overvalued in 2026?

Based on GuruFocus' analysis, Kriti Industries (India) stock appears to be undervalued. The current stock price of ₹70.98 is trading 14.5% below its estimated GF Value™ of ₹83.02. GuruFocus considers Kriti Industries (India) to be Modestly Undervalued.

Key valuation signals for BOM:526423:

  • Net Current Asset Value: ₹2.91 (85% below median its 10-year median of 19.97)
  • GF Value™: ₹83.02 vs. price of ₹70.98 (14.5% below fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the BOM:526423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kriti Industries (India) Business Description

Other Exchanges KRITI:India
Address Plot No. 10, Scheme No. 78-II, Vijay Nagar, Brilliant Sapphire, 801 - 804, 8th Floor, Indore, MP, IND, 452 010
Kriti Industries (India) Ltd is a manufacturer of plastic polymer Piping Systems, Blow moulded plastic products as well as refined Soyabean products. Its agriculture products include rigid polyvinyl chloride (RPVC) pipe and fittings, casing pipe, polyethylene (PE) coils, sprinkler systems, submersible pipe, suction, and garden pipe. Building products include soil waste rainwater (SWR) drainage pipe and fittings, chlorinated polyvinyl chloride (CPVC) and plumb pipe and fittings, garden pipe and water tank. Its micro irrigation products includes micro irrigation lateral (inline and online), sprinkler systems, and RPVC pipe and fittings. Geographically, it derives a majority of revenue from India.
62GF Score

Get the complete analysis for BOM:526423

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹70.98
Price
₹83.02
GF Value