Revenue Target: INR 1,000 crore by FY28-29
Management reaffirmed its medium-term target and stated intent to exceed this goal given two years of runway remaining.
KRITI / guidance tracker
Keep management guidance in view.
Kriti Industries · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
revenue
Industry Growth: 7% CAGR expected
Company expects the overall pipes industry to grow at approximately 7% annually and targets to outperform this benchmark.
EBITDA margin: inch toward 10% first
Management guided prioritizing recovery to near-10% operating margin before targeting double-digit margins, requiring 1-2 quarters of proof.
Capacity expansion: wait 1-2 quarters
No immediate capacity addition planned; management will observe demand recovery for 1-2 quarters before deciding on new regional plant investment.
Volume growth to exceed industry average in FY27
Management expects healthy volume growth in FY27 due to a low base from FY26's decline.
Capex on hold for first two quarters of FY27
No new capex until Q2 FY27 results are assessed; existing capacity sufficient.
Building products to be major growth driver
Focus on building products for better margins and sustained volumes; targeting substantial revenue increase.