Kritika Wires Share Price Target 2025, 2026, 2027, 2030, 2040, 2050!

Are you curious about Kritika Wires’ future growth potential and its share price targets? If yes, you’ve come to the right place.

This article provides a detailed analysis of Kritika Wires’ financial performance over the years, including fundamental and technical assessments, to help you make informed decisions.

By the end of this article, you’ll be able to evaluate the company’s financial status on your own. Let’s dive into the details of Kritika Wires Ltd and its share price targets for the coming decades.

Overview of Kritika Wires Ltd

Founded in 2004, Kritika Wires Limited is engaged in manufacturing and supplying steel and galvanized wires for industrial applications. The company’s manufacturing unit is located in Howrah, West Bengal. Kritika Wires also exports its products to various markets.

Products Offered by Kritika Wires:

GI Stay Wire
Mild Steel Wire
Cotton Bailing Wire
Spring Steel Wire
Umbrella Rib Wire
Rolling Shutter Wire
Galvanized Earthing Stand
PC Wire
Barbed Wire

Current Financial Overview of Kritika Wires Ltd

Before investing in any company, it is crucial to evaluate its financial health. Below is a summary of Kritika Wires’ key financial ratios:

Financial Metric	Value
Market Cap	₹507 Cr
Book Value	₹3.17
Face Value	₹2
PE Ratio	45.5
ROCE (Return on Capital Employed)	16%
ROE (Return on Equity)	13.1%
Dividend	0%
52-Week High	₹24.5
52-Week Low	₹5.92

Highlights from the Balance Sheet:

Kritika Wires’ total assets increased from ₹118 crore in 2023 to ₹153 crore in 2024. This steady growth in assets is a positive indicator for the company’s long-term prospects.

Kritika Wires Share Price History

From 2018 to 2022, Kritika Wires’ shares traded between ₹2 and ₹3. However, the stock began to show significant growth in 2022, reaching ₹13 by September 2022.

Although the share price experienced some volatility, it climbed above ₹23 in 2024. This upward trend indicates promising growth potential in the coming years.

Kritika Wires Share Price Target 2025 to 2050

1. Kritika Wires Share Price Target 2025

In 2023, Kritika Wires reported sales of ₹282 crore, which increased to ₹432 crore in 2024. The company’s net income grew from ₹6 crore in 2023 to ₹10 crore in 2024. Based on this growth, the share price target for 2025 is:

First Target: ₹26
Second Target: ₹32
Third Target: ₹44

If the company continues to improve its financial performance, its stock price could range between ₹26 and ₹44 in 2025.

2. Kritika Wires Share Price Target 2026

The company’s compound sales growth increased from 9% over five years to 48% over the last three years. Similarly, its compound profit growth surged from 9% to 185% during the same period. Given these trends, the share price target for 2026 is:

First Target: ₹46
Second Target: ₹52
Third Target: ₹61

The projected range for 2026 is ₹46 to ₹61.

3. Kritika Wires Share Price Target 2027

Kritika Wires delivered a 53% CAGR (Compound Annual Growth Rate) over the last five years, which increased to 106% in the last three years. If this growth trajectory continues, the share price target for 2027 is:

First Target: ₹65
Second Target: ₹73
Third Target: ₹83

The company’s stock price is likely to range between ₹65 and ₹83 in 2027.

4. Kritika Wires Share Price Target 2030

Kritika Wires has maintained a balanced approach to managing its total assets and liabilities. If this trend continues, the share price target for 2030 is:

First Target: ₹150
Second Target: ₹172
Third Target: ₹194

The share price could range between ₹150 and ₹194 by 2030.

5. Kritika Wires Share Price Target 2040

While the company’s stock trades at six times its book value, and it doesn’t offer dividends, the growing demand for its products could drive long-term growth. The share price target for 2040 is:

First Target: ₹460
Second Target: ₹520
Third Target: ₹650

The stock price could reach between ₹460 and ₹650 by 2040.

6. Kritika Wires Share Price Target 2050

As technological advancements increase the demand for wires, Kritika Wires’ products are expected to remain relevant. The share price target for 2050 is:

First Target: ₹1480
Second Target: ₹1560
Third Target: ₹1650

By 2050, the stock price could range between ₹1480 and ₹1650.

Summary of Kritika Wires Share Price Targets (2025 to 2050)

Year	Target Range (₹)
2025	26 to 44
2026	46 to 61
2027	65 to 83
2030	150 to 194
2040	460 to 650
2050	1480 to 1650

Frequently Asked Questions (FAQs)

1. Is Kritika Wires a good investment?

If Kritika Wires maintains its current financial performance and growth trajectory, it could be a good investment option.

2. Is Kritika Wires debt-free?

No, as of March 2024, the company has some debt, as reflected in its financial reports.

3. Who owns Kritika Wires?

Kritika Wires is owned by Naresh Kumar Agarwal.

4. What is Kritika Wires’ share price target for 2025?

The share price target for 2025 is expected to range between ₹26 and ₹44.

5. What is Kritika Wires’ share price target for 2030?

The share price target for 2030 is projected to range between ₹150 and ₹194.

Conclusion

This article provided a comprehensive analysis of Kritika Wires’ financial performance and future share price targets.

With a solid understanding of its fundamentals and technical indicators, you can now make informed investment decisions. For more insightful articles, explore our website, ProfitPro, and follow us on social media.

Disclaimer: The information provided is for educational purposes only. We are not SEBI-registered advisors and are not responsible for any financial losses. Consult a financial advisor before investing.