---
title: "Krishca Strapping Solutions Ltd (KRISHCA) — Share Price, Financials & Analysis"
symbol: "KRISHCA"
company: "Krishca Strapping Solutions Ltd"
canonical: "https://tapetide.com/stocks/KRISHCA"
isin: "INE0NR701018"
nse_symbol: "KRISHCA"
sector: "Industrial Products"
industry: "Iron & Steel Products"
market_cap_cr: 248.47
generated_at: "2026-09-13T19:08:45.986Z"
---

# Krishca Strapping Solutions Ltd (KRISHCA)

Canonical page: https://tapetide.com/stocks/KRISHCA

## Company

- **NSE Symbol:** KRISHCA
- **ISIN:** INE0NR701018
- **Sector:** Industrial Products
- **Industry:** Iron & Steel Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2023-05-26
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** krishcastrapping.com

## About

Incorporated in 2017, Krishca Strapping 
Solutions Ltd is in the business of manufacturing steel straps, seals, and to provide total packaging solution[1]

## Latest Price

- **Price:** ₹156.5
- **Change:** +0.5 (+0.32%)
- **Open:** ₹157
- **Day High:** ₹158
- **Day Low:** ₹156
- **Previous Close:** ₹156
- **Volume:** 7000
- **As Of:** 2026-09-11T09:59:45+00:00

## Key Fundamentals

Observed at 2026-09-11T04:47:38.804624Z.

- **Market Cap:** ₹248.47 Cr
- **Classification:** SME
- **P/E (reported):** 21.7
- **Book Value:** ₹91.59
- **Price to Book:** 1.7
- **Dividend Yield:** 0%
- **ROE:** 11.31%
- **ROCE:** 18.28%
- **Debt to Equity:** 0.61
- **Revenue (yearly):** ₹233.65 Cr
- **Net Income:** ₹10.55 Cr
- **EBITDA:** ₹28.53 Cr
- **52-Week High:** ₹225.05
- **52-Week Low:** ₹138
- **RSI (14):** 40.75

## Tapetide Score

- **Score:** 40 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 14.5 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 52.4 | 9% |
| growth | 96.22 | 9% |
| momentum | 49.06 | 12% |
| ownership | 25.33 | 24% |
| quality | 37.89 | 22% |
| valuation | 25.42 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company's working capital requirements have reduced from 59.6 days to 25.6 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.33%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -100.7% | -101.09% | -20.36% |
| ebitda margin growth | 8.77% | -24.56% | — | — |
| net income growth | 20.59% | -9.05% | 8% | 81% |
| revenue growth | 5.05% | 54.63% | 48% | 90% |
| roce | 16.1% | — | — | — |
| roe | 19.77% | — | — | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 48 | 57 | 64 | 86 | 93 | 141 |
| Expenses | 41 | 45 | 54 | 72 | 78 | 127 |
| Operating Profit | 8 | 12 | 9 | 13 | 15 | 14 |
| OPM % | 16 | 21 | 15 | 15 | 16 | 10 |
| Other Income | 0 | 0 | 0 | 2 | 0 | 1 |
| Interest | 1 | 1 | 1 | 2 | 3 | 3 |
| Depreciation | 0 | 1 | 1 | 4 | 4 | 4 |
| Profit before tax | 8 | 10 | 7 | 9 | 9 | 8 |
| Tax % | 25 | 24 | 26 | 27 | 28 | 28 |
| Net Profit | 6 | 8 | 5 | 6 | 6 | 5 |
| EPS in Rs | 4.71 | 6.26 | 3.83 | 4.44 | 4.34 | 3.65 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1 | 9 | 19 | 72 | 105 | 149 | 234 |
| Expenses | 2 | 9 | 16 | 58 | 85 | 127 | 205 |
| Operating Profit | -1 | 1 | 3 | 14 | 19 | 23 | 29 |
| OPM % | -151 | 6 | 17 | 19 | 18 | 15 | 12 |
| Other Income | 0 | 0 | 0 | 0 | 1 | 2 | 2 |
| Interest | 0 | 1 | 1 | 1 | 1 | 4 | 6 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 5 | 8 |
| Profit before tax | -2 | -1 | 2 | 12 | 18 | 16 | 16 |
| Tax % | 0 | 0 | 12 | 21 | 24 | 27 | 28 |
| Net Profit | -2 | -1 | 2 | 9 | 13 | 12 | 12 |
| EPS in Rs | -8.97 | -2.68 | 3.02 | 10.67 | 10.97 | 8.27 | 7.8 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 5 | 9 | 12 | 14 | 15 |
| Reserves | -2 | -4 | -3 | 2 | 27 | 88 | 112 |
| Borrowings | 8 | 13 | 9 | 12 | 19 | 33 | 78 |
| Other Liabilities | 0 | 1 | 4 | 12 | 21 | 25 | 67 |
| Total Liabilities | 9 | 13 | 15 | 35 | 79 | 160 | 272 |
| Fixed Assets | 6 | 6 | 4 | 4 | 5 | 29 | 49 |
| CWIP | 0 | 0 | 1 | 5 | 20 | 6 | 88 |
| Investments | 0 | 0 | 0 | 0 | 0 | 1 | 3 |
| Other Assets | 4 | 7 | 10 | 26 | 53 | 125 | 131 |
| Total Assets | 9 | 13 | 15 | 35 | 79 | 160 | 272 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -1 | -1 | 0 | 11 | -1 | -20 | 44 |
| Cash from Investing Activity | -3 | -3 | -1 | -5 | -20 | -42 | -93 |
| Cash from Financing Activity | 3 | 4 | 1 | -6 | 22 | 62 | 52 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 1 | 0 | 3 |
| Free Cash Flow | -3 | -4 | -1 | 7 | -19 | -35 | -67 |
| CFO/OP | 39 | -257 | 3 | 82 | 8 | -68 | 170 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 293 | 89 | 113 | 61 | 83 | 102 | 77 |
| Inventory Days | 796 | 111 | 43 | 78 | 65 | 101 | 109 |
| Days Payable | 20 | 33 | 30 | 59 | 50 | 30 | 78 |
| Cash Conversion Cycle | 1068 | 167 | 126 | 80 | 98 | 173 | 109 |
| Working Capital Days | -1715 | -84 | 19 | 5 | 54 | 99 | 26 |
| ROCE % | — | 1 | 20 | 74 | 47 | 20 | 13 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 62.59% | 62.59% | 51.86% | 51.86% | 51.86% | 52.69% | 47.77% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 1.77% | 0.38% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 28.39% | 31.83% | 33.1% | 31.53% | 34.42% | 34.17% | 39.13% |
| Others | 9.01% | 5.57% | 15.05% | 16.61% | 13.73% | 11.37% | 12.72% |
| No. of Shareholders | 801 | 1747 | 2630 | 2533 | 2856 | 2755 | 2844 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 159.31 | Sell |
| EMA (10) | 159.3 | Sell |
| SMA (20) | 162.35 | Sell |
| EMA (20) | 161.38 | Sell |
| SMA (50) | 165.1 | Sell |
| EMA (50) | 165.25 | Sell |
| SMA (100) | 172.39 | Sell |
| EMA (100) | 169.81 | Sell |
| SMA (200) | 175.85 | Sell |
| EMA (200) | 179.69 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.53 | Neutral |
| MACD (12,26,9) | -2.51 | Sell |
| Stochastic (14,3,3) | 17.48 | Buy |
| ADX (14) | 18.65 | Neutral |
| Williams %R (14) | -83.29 | Buy |
| ATR (14) | 5.34 | High Volatility |
| ROC (12) | -5.15 | Sell |
| Stoch RSI (14) | 16.43 | Buy |
| UO (7,14,28) | 48.58 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 Sep - Newspaper ads published on 8 Sept 2026 for 9th AGM, with VC/OAVM and e-voting details. | [Copy of Newspaper Publication 8 Sep - Newspaper ads published on 8 Sept 2026 for 9th AGM, with VC/OAVM and e-voting details.](https://nsearchives.nseindia.com/corporate/KSSLIPO_08092026165916_KSSLPOSTAGMNOTICENEWSPAPERAD.pdf) |
| 8 Jul - Submitted Regulation 31(4) promoter and promoter group shareholding disclosure for FY ended March 31, 2026. | [Disclosure under SEBI Takeover Regulations 8 Jul - Submitted Regulation 31(4) promoter and promoter group shareholding disclosure for FY ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/team_bbodade_17062026172846_07052026184504_KRISHCA1.pdf) |
| 7 Sep - Krishca Strapping Solutions schedules 9th AGM on 29 September 2026; seeks auditor and director reappointments. | [Shareholders meeting 7 Sep - Krishca Strapping Solutions schedules 9th AGM on 29 September 2026; seeks auditor and director reappointments.](https://nsearchives.nseindia.com/corporate/KSSLIPO_07092026184548_KSSLAGMNOTICE2026.pdf) |
| 7 April 2026 - VAPL to raise ₹11.52 crore from SSTL, QGL and AVL via preferential allotment by 31 May 2026. | [General Updates 7 April 2026 - VAPL to raise ₹11.52 crore from SSTL, QGL and AVL via preferential allotment by 31 May 2026.](https://nsearchives.nseindia.com/corporate/KSSLIPO_07042026173316_Reg30onDivestmentVajra.pdf) |
| 6 March 2026 - Notice dispatched for EGM on March 26, 2026; remote e-voting details published. | [Copy of Newspaper Publication 6 March 2026 - Notice dispatched for EGM on March 26, 2026; remote e-voting details published.](https://nsearchives.nseindia.com/corporate/KSSLIPO_06032026160132_KSSLEGMNoticeandEvoting.pdf) |
| 6 Jul - Board approved 50.05% acquisition in Manda Stainless for ₹7.5 crore, expected by 31 July 2026. | [Outcome of Board Meeting 6 Jul - Board approved 50.05% acquisition in Manda Stainless for ₹7.5 crore, expected by 31 July 2026.](https://nsearchives.nseindia.com/corporate/KSSLIPO_06072026192234_OUTCOMEOFBOARDMEETINGJULY2026.pdf) |
| 5 Sep - Published newspaper ads for 9th AGM on September 29, 2026 via VC/OAVM; book closure September 23-29. | [Copy of Newspaper Publication 5 Sep - Published newspaper ads for 9th AGM on September 29, 2026 via VC/OAVM; book closure September 23-29.](https://nsearchives.nseindia.com/corporate/KSSLIPO_05092026222221_KSSLAGMPRENEWSPAPERAD05092026.pdf) |
| 31 May 2026 - No deviation in preferential warrant proceeds; Rs11.49 crore fully utilized by March 31, 2026. | [Statement of deviation(s) or variation(s) under Reg. 32 31 May 2026 - No deviation in preferential warrant proceeds; Rs11.49 crore fully utilized by March 31, 2026.](https://nsearchives.nseindia.com/corporate/KSSLIPO_31052026013150_KSSLStatementofDeviationorVariationMay2026.pdf) |
| 31 May 2026 - Board approved FY26 audited results, Board’s Report, cost auditor appointment, and warrant proceeds utilization certificate. | [Record Date 31 May 2026 - Board approved FY26 audited results, Board’s Report, cost auditor appointment, and warrant proceeds utilization certificate.](https://nsearchives.nseindia.com/corporate/KSSLIPO_31052026012057_BMOUTCOMEMAY2026.pdf) |
| 31 May 2026 - Board approved FY26 audited results, board report, cost auditor appointment, and no deviation in warrant proceeds. | [Outcome of Board Meeting 31 May 2026 - Board approved FY26 audited results, board report, cost auditor appointment, and no deviation in warrant proceeds.](https://nsearchives.nseindia.com/corporate/KSSLIPO_31052026012317_BMOUTCOMEMAY2026.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31797_KRISHCA_2025_2026_A_5058674_07092026210419.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28970_KRISHCA_2024_2025_A_6052322_08092025204500.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26197_KRISHCA_2023_2024_07092024234027.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23949_KRISHCA_2022_2023_18102023120854_10182023130010.zip) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/KRISHCA_21112024180025_KSSLHISEP2024EarningsCallTranscript.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://nsearchives.nseindia.com/corporate/KRISHCA_20112023124743_KSSLEarningsCallTranscriptH1FY2023.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/KSSLIPO_10062025152931_KSSLEarningsCallTranscriptJune2025.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://nsearchives.nseindia.com/corporate/KRISHCA_15062024221929_KSSLEarningsCallTranscript.pdf) |
| Jun 2023 | [Concall - Jun 2023](https://archives.nseindia.com/corporate/KRISHCA_24062023115238_KrishcaEarningsCallTranscript20062023.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://nsearchives.nseindia.com/corporate/KRISHCA_10022024094248_Q3EarningsCallTranscriptFeb0724.pdf) |
| Dec 2025 | [Concall - Dec 2025](https://nsearchives.nseindia.com/corporate/KSSLIPO_04122025125250_KSSLEarningsCallTranscriptH12025-26.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:08:45.986Z.