What we do Krishca Strapping Solutions Ltd manufactures high tensile steel strapping and integrated packaging solutions, serving industries with eco-friendly, advanced steel and protective packaging products. |
Founded in 2,017 |
Market share Emerging leader with a strong annual capacity of 38,000 MT in steel strapping, expanding globally via subsidiaries in UAE and Singapore. |
Problem solved Provides durable, efficient packaging solutions that secure goods during transport, improving supply chain safety and reducing damage. |
Top clients or who we serve Industrial manufacturers and logistics firms; B2B focus including major contracts like APL Apollo Group. |
Key management Led by Founder & Chairman Mr. Lenin K. Balamanikandan, with a professional board including CEO Mr. Jagajyoti Naskar. |
Our journey and innovations Established in 2017, launched first plant in 2020, expanded capacity in 2024 with state-of-the-art lines; diversified into primary packaging in 2025. |
Where we operate Manufacturing in India with expanding operations internationally via subsidiaries in UAE and Singapore. |
Top products or what we offer High tensile steel straps coated with wax, strapping tools, seals, and a full range of packaging materials including HDPE, LDPE, desiccants, tarpaulins, and pallets. |
Top brands Krishca steel strapping - known for high strength and environmental compliance; Krishca Total Packaging Solutions brand expanding internationally. |
Raw materials needed Steel coils for strapping production; wax coatings and polymer materials for packaging products. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely recurring from ongoing manufacturing and packaging supply contracts. |
Our industry position Strong position in specialty steel strapping in India with aggressive expansion in packaging solutions globally. |
Financial highlights FY 2025 revenue Rs 149.2 Cr (+42.9% YoY), PAT Rs 11.6 Cr; EBITDA Rs 24.3 Cr reflecting solid operational performance. |
Geographical revenue split Primarily India with nascent revenue from UAE and Singapore subsidiaries launching operations. |
Order book - |
Whats driving growth Capacity expansions, new product lines, global market entries, and large contracts like APL Apollo drive growth. |
Our future plans Scaling production, launching new packaging lines, further global expansion, and diversifying product portfolio. |
Our green promise Eco-friendly heat treatment processes; lead-free manufacturing; policies aligned with sustainability principles. |
Our people and values Cordial employee relations; focus on human resource development; zero tolerance for workplace harassment. |
Key challenges ahead Market competition, raw material price volatility, and managing international expansion risks. |
Interesting facts First to introduce integrated packaging solutions combining steel strapping and primary packaging materials in India. |
Risks and strategy Mitigating supply chain and financial risks through diversified sourcing and strong internal controls. |
