What we do Kriti Industries manufactures and sells plastic pipes, fittings, and accessories for agriculture, irrigation, building, and infrastructure sectors in India. |
Founded in 1,990 |
Market share Leading brand 'Kasta Pipes' with strong recall in Central India; one of India's largest single-location polymer pipe manufacturers. |
Problem solved Provides reliable piping solutions enhancing water security, irrigation efficiency, and infrastructure development across India. |
Top clients or who we serve Customers include agriculture, construction, micro-irrigation, infrastructure industries; serves both retail (B2C) and institutional bulk buyers (B2B). |
Key management Mr. Shiv Singh Mehta (Chairman & Managing Director), Mrs. Purnima Mehta (Whole-time Director), Mr. Siddharth Sethi (Independent Director, IIM Indore alumnus) |
Our journey and innovations Since 1990, expanded from PVC pipes to HDPE, CPVC, and drip irrigation products; launched large diameter PE pipes; introduced column pipes unit in 2023. |
Where we operate Primarily in India with strong presence in Madhya Pradesh, Rajasthan, Maharashtra, and exports focused on select markets. |
Top products or what we offer PVC, HDPE, MDPE pipes, drip irrigation systems, CPVC pipes, water tanks, telecommunications ducts under brand 'Kasta'. |
Top brands Kasta Pipes - market leader in Central India, key revenue driver with 400+ dealers, known for quality and reliability. |
Raw materials needed Polymers like PVC, HDPE, MDPE resins and additives for pipe manufacturing. |
Raw materials supplier Suppliers include polymer resin manufacturers in India and imports as per quality requirements. |
Recurring vs cyclical contribution Revenue is largely recurring from retail and institutional sales; cyclical impact seen due to commodity price fluctuations and bulk sales variability. |
Our industry position Major player in Indian plastic piping industry with significant capacity and strong brand presence in agriculture and building segments. |
Financial highlights FY25 revenue approx ₹722 crore, reported net loss ₹4.27 crore due to price pressures; exports and institutional sales affected growth. |
Geographical revenue split Revenue predominantly from India (₹721.91 crore) with limited exports. |
Order book Not specifically reported; steady demand from agriculture and construction sectors. |
Whats driving growth Growth driven by government irrigation schemes, urbanization, infrastructure projects, and increasing industrial pipe demand. |
Our future plans Focus on capacity expansion, amalgamation with subsidiary, product innovation, and strengthening distribution network. |
Our green promise Committed to sustainable plastic manufacturing practices, water conservation support via irrigation products. |
Our people and values Employs substantial workforce with emphasis on performance, diversity, and employee stock option plan approved for talent retention. |
Key challenges ahead Challenges include commodity price volatility, institutional sales reduction, and competitive pressure in the plastic piping market. |
Interesting facts Largest single-location polymer pipe manufacturing plant in India; introduced high diameter PE pipes in 2019. |
Risks and strategy Mitigates raw material price risk through cost control and capacity utilization; strategy focuses on product diversification and geographic expansion. |
