Kriti Nutrients Limited (KRITINUT)
₹70.79 +1.29% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Kriti Nutrients' revenue was ₹247 Cr (+7.9% year on year, -3.2% on the previous quarter), and net profit ₹8.9 Cr (-6.0% year on year); the operating margin was 4.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹247 | +7.9% | -3.2% |
| Operating profit | ₹11.8 | +3.9% | +26.7% |
| Net profit | ₹8.9 | -6.0% | +40.2% |
| EPS (₹) | 1.78 | -5.8% | +40.2% |
| Operating margin | 4.8% | — | — |
KRITINUT delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 76.66% of the KRITINUT shares traded on NSE were taken to delivery, against the stock's own 20-session average of 74.85%. That is close to its usual level. Turnover was only ₹2 lakh, so a handful of trades can move this figure. Volume was 0.1 times its average, well below normal. It closed at a price band (circuit) on 6 sessions in about the last 20.
Delivery in the last 5 sessions: 75.9% · 60.5% · 67.0% · 84.7% · 76.7%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Kriti Nutrients Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate, provided by Registrar and Share Transfer Agent Ankit Consultancy Pvt. Ltd. on October 05, 2026, confirms that securities received for dematerialization were processed within 15 days. All corresponding physical certificates were cancelled, and depositories were recorded as registered owners. This is a standard quarterly regulatory compliance filing with no impact on corporate financials.
- Compliance confirmed under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
- Pertains to the quarter ended September 30, 2026
- RTA confirmation issued by Ankit Consultancy Pvt. Ltd. dated October 05, 2026
- Dematerialization requests processed within the stipulated 15 days of receipt
Kriti Nutrients submitted a clarification to the National Stock Exchange regarding an observation on its Q1 FY27 (quarter ended June 30, 2026) financial results filing. The NSE had noted that the header of the Consolidated Limited Review Report mentioned 'Independent Auditor's Report' instead of the standard SEBI prescribed format. The company clarified that the body of the report and the statement headers appropriately state it is an unaudited review covering all required matters, requesting the exchange to drop the observation. This is a purely procedural reporting clarification with no impact on reported financial numbers.
- NSE sought clarification via email dated August 31, 2026, regarding Regulation 33 compliance.
- Company replied to NSE observations on September 5, 2026 (acknowledged by exchange on September 15, 2026).
- Query pertained to report header naming for the quarter ended June 30, 2026.
- Company confirmed the report complies with SEBI formats and requested the observation be dropped.
Kriti Nutrients has submitted the detailed minutes of its 30th Annual General Meeting held on August 12, 2026. A total of 49 members attended the meeting out of 19,740 total members recorded on the cut-off date of August 5, 2026. All agenda items, including special resolutions such as the re-appointment and remuneration revision of Whole-Time Director and Joint Managing Director Saurabh Singh Mehta, were passed with a 99.9974% majority of votes cast. This filing is a statutory compliance submission reflecting previously concluded corporate actions.
- 30th AGM held on August 12, 2026, with 49 members present via video conferencing against a required quorum of 30
- Total shareholder base stood at 19,740 members as of the cut-off date of August 5, 2026
- Special Resolution No. 8 for the re-appointment and remuneration revision of Saurabh Singh Mehta passed with 33,460,546 votes in favour (99.9974%)
- The approved appointment term for the Joint Managing Director is 3 years, effective from August 1, 2027 to July 31, 2030
Shareholders of Kriti Nutrients Limited approved the re-appointments of key executive leaders and statutory auditors at the 30th AGM held on August 12, 2026. Founder promoter Mr. Shiv Singh Mehta has been re-appointed as Chairman and Managing Director for a 3-year term effective January 12, 2027, to January 11, 2030. Mr. Saurabh Singh Mehta was re-appointed as Whole Time Director (designated Joint Managing Director) for 3 years starting August 1, 2027. Additionally, M/s M. Mehta & Company, Chartered Accountants, was re-appointed as Statutory Auditors for a 5-year term concluding at the 35th AGM in 2031.
- Re-appointment of CMD Shiv Singh Mehta approved for a 3-year term from Jan 12, 2027, to Jan 11, 2030
- Re-appointment of JMD Saurabh Singh Mehta approved for a 3-year term from Aug 1, 2027, to Jul 31, 2030
- Re-appointment of M/s M. Mehta & Company as Statutory Auditors for 5 years until the 35th AGM in 2031
- All resolutions passed at the 30th Annual General Meeting held on August 12, 2026
Kriti Nutrients Limited held its 30th Annual General Meeting on August 12, 2026, where shareholders approved all proposed resolutions. A key highlight is the confirmation of an interim dividend of ₹3.00 per share (300% of face value) for FY26, amounting to a total payout of approximately ₹15.03 Cr. This represents a payout ratio of ~44% of the FY26 PAT of ₹33.91 Cr. Additionally, the re-appointment and remuneration of Chairman Shiv Singh Mehta and Joint MD Saurabh Singh Mehta were finalized, ensuring leadership continuity.
- Confirmed interim dividend of ₹3.00 per share on 5,01,03,520 equity shares for FY26
- Total dividend payout calculated at ₹15.03 Cr, yielding approximately 3.65% at current price
- Re-appointment of Mr. Shiv Singh Mehta as Chairman and Managing Director approved via special resolution
- Adoption of FY26 Audited Financial Statements reporting revenue of ₹921.51 Cr and PAT of ₹33.91 Cr
- Ratification of remuneration for Cost Auditors and re-appointment of Statutory Auditors M/s M Mehta & Company
Kriti Nutrients Limited concluded its 30th AGM on August 12, 2026, with shareholders approving all eight proposed resolutions. Key approvals include the adoption of FY26 financial statements and the confirmation of the interim dividend for the 2025-26 fiscal year. Shareholders also approved the re-appointment and remuneration of Mr. Shiv Singh Mehta as Chairman and Managing Director and Mr. Saurabh Singh Mehta as Joint Managing Director. The voting saw high promoter participation and overwhelming support across all items, ensuring management continuity.
- 30th Annual General Meeting held on August 12, 2026, with 19,740 shareholders on record
- All 8 resolutions, including adoption of FY26 financials, passed with 100% of polled votes in favor
- Special resolutions for re-appointment of Chairman and Joint MD were approved by the requisite majority
- Promoter group (66.69% stake) cast 33,408,469 votes in favor of all agenda items
Kriti Nutrients concluded its 30th Annual General Meeting on August 12, 2026, with 49 members in attendance. A primary resolution involved the re-appointment of Mr. Saurabh Singh Mehta as Joint Managing Director for a three-year term effective August 1, 2027. Shareholders also considered a special resolution to revise his remuneration, which may now exceed 5% of the company's net profits. The company maintains a stable financial profile with TTM revenue of ₹922 Cr and a low debt-to-equity ratio of 0.04.
- 49 members attended the 30th AGM via video conferencing, meeting the quorum requirement of 30 members.
- Re-appointment of Mr. Saurabh Singh Mehta as Joint Managing Director for a 3-year term from August 2027 to July 2030.
- Approval sought for Joint MD remuneration to potentially exceed 5% of net profits under Section 198 of the Companies Act.
- Remote e-voting was conducted between August 9, 2026, and August 11, 2026, prior to the meeting.
Kriti Nutrients reported a 7.9% YoY increase in revenue to ₹247.08 Cr for the quarter ended June 30, 2026. Consolidated Net Profit declined by 6% YoY to ₹8.92 Cr, down from ₹9.49 Cr in Q1 FY26, primarily due to higher stock-in-trade purchases and finance costs. However, on a sequential basis, profitability improved significantly by 40% compared to the ₹6.36 Cr reported in Q4 FY26. The company maintains a very low debt-to-equity ratio of 0.04, providing a stable financial base despite thin operating margins.
- Revenue from operations reached ₹247.08 Cr, a 7.9% increase over ₹229.04 Cr in Q1 FY26.
- Consolidated Net Profit stood at ₹8.92 Cr for the quarter, compared to ₹9.49 Cr in the year-ago period.
- Cost of materials consumed accounted for 81.4% of total revenue at ₹201.08 Cr.
- Consolidated EPS for the quarter was ₹1.78, down from ₹1.89 in Q1 FY26 but up from ₹1.27 in Q4 FY26.
- Finance costs doubled YoY to ₹23.81 lakhs from ₹11.54 lakhs, though they remain low in absolute terms.
Kriti Nutrients reported a steady 7.9% YoY increase in revenue from operations to ₹247.08 Cr for the quarter ended June 30, 2026. However, consolidated net profit saw a 6% YoY decline to ₹8.92 Cr, down from ₹9.49 Cr in the year-ago period, likely due to higher input costs. Sequentially, while revenue dipped 3.2% from Q4 FY26, profitability improved significantly from the ₹6.36 Cr reported in the previous quarter. The company continues to operate with a very low debt-to-equity ratio of 0.04.
- Revenue from operations increased 7.87% YoY to ₹247.08 Cr from ₹229.04 Cr.
- Consolidated Net Profit declined 6.05% YoY to ₹8.92 Cr compared to ₹9.49 Cr in Q1 FY26.
- Total expenses rose to ₹237.03 Cr, up from ₹219.22 Cr in the corresponding quarter last year.
- Standalone EPS for the quarter stood at ₹1.81, slightly down from ₹1.84 YoY.
- Finance costs increased to ₹23.81 lakhs from ₹11.54 lakhs YoY, though remaining low in absolute terms.
Kriti Nutrients has dispatched physical letters to shareholders who have not registered their email addresses, as required by SEBI (LODR) Regulations. These letters provide a weblink to the 30th Annual Report for FY 2025-26 and the notice for the upcoming Annual General Meeting (AGM). This is a standard procedural update to ensure all shareholders have access to the company's financial disclosures. The company currently operates with a TTM revenue of Rs 922 Cr and a market capitalization of Rs 383 Cr.
- Compliance with Regulation 36(1)(b) of SEBI (LODR) Regulations, 2015 regarding shareholder communication.
- Relates to the 30th Annual Report for the financial year 2025-26.
- Letters contain the exact weblink path for accessing the full annual report and AGM notice.
- Dispatched on July 21, 2026, to shareholders without registered email addresses.
Kriti Nutrients Limited has announced its 30th Annual General Meeting (AGM) to be held on August 12, 2026. The company has established August 5, 2026, as the cut-off date to determine shareholder eligibility for voting. The remote e-voting period is scheduled to run from August 9 to August 11, 2026. This is a standard procedural filing in compliance with SEBI (LODR) Regulations.
- 30th Annual General Meeting scheduled for August 12, 2026, at 4:30 P.M. IST
- Cut-off date for e-voting entitlement set for August 5, 2026
- Remote e-voting window opens on August 9, 2026 (9:00 A.M.) and closes on August 11, 2026 (5:00 P.M.)
- CDSL appointed as the agency for providing the e-voting platform
Kriti Nutrients has scheduled its 30th Annual General Meeting (AGM) for August 12, 2026. The agenda includes the adoption of FY26 financial statements and the confirmation of a ₹3.00 (300%) interim dividend as the final dividend for the year. Shareholders will also vote on the re-appointment of M/s M Mehta & Company as Statutory Auditors for a five-year term and a revision in the remuneration for Joint MD Saurabh Singh Mehta. The company reported a Profit After Tax of ₹33.84 Cr for FY26 on a turnover of ₹770.21 Cr.
- 30th AGM scheduled for August 12, 2026, to transact ordinary and special business.
- Confirmation of ₹3.00 (300%) per share dividend, totaling a payout of ₹15.03 Cr.
- Re-appointment of Statutory Auditors for a second consecutive 5-year term until 2031.
- Proposed revision of Joint MD remuneration with a maximum ceiling of ₹240 lakhs per annum in case of inadequate profits.
- FY26 financial performance shows a turnover of ₹770.21 Cr and PAT of ₹33.84 Cr.
Kriti Nutrients Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The document confirms that all physical share certificates received for dematerialization during the quarter ended June 30, 2026, were processed within the mandated 15-day timeframe. This process involves the mutilation and cancellation of physical certificates and updating the depository as the registered owner. This is a standard administrative filing required for all listed entities in India.
- Compliance confirmed for the quarter ending June 30, 2026
- Securities processed and listed within 15 days of receipt
- Registrar and Share Transfer Agent identified as M/s Ankit Consultancy Pvt. Ltd.
- Physical certificates mutilated and cancelled as per SEBI regulations
Kriti Nutrients Limited has informed the exchanges that its trading window will be closed starting July 1, 2026, for all designated persons and their relatives. This is a mandatory regulatory requirement under SEBI Insider Trading regulations ahead of the declaration of financial results for the quarter ending June 30, 2026. The window will remain closed until 48 hours after the board approves and announces the results. The company will notify the specific date of the board meeting for result approval in a separate filing.
- Trading window closure begins on July 1, 2026, for the quarter ending June 30, 2026.
- Restriction applies to promoters, directors, KMPs, and designated employees.
- Trading window to reopen 48 hours after the declaration of Unaudited Standalone & Consolidated results.
- NSDL will freeze the PAN of designated persons at the security level during the closure period.
Sakam Trading Private Limited, a promoter entity of Kriti Nutrients Limited, has submitted its annual declaration under Regulation 31(4) of SEBI (SAST) Regulations. The filing confirms that the promoter and four Persons Acting in Concert (PACs) have not created any new encumbrances or pledges on their equity shares during the financial year ended March 31, 2026. This disclosure is a routine compliance requirement that ensures transparency regarding the status of promoter-held shares.
- Compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- Declaration covers the financial year ending March 31, 2026.
- Promoter group including Sakam Trading and four individuals (Shiv Singh Mehta, Purnima Mehta, Saurabh Mehta, and Devki Mehta) confirmed no new encumbrances.
- The filing confirms that no direct or indirect pledges were made on the company's equity shares during the period.
Financial Performance
Revenue Growth by Segment
Total Operating Income (TOI) grew 7.3% YoY to INR 735 Cr in FY25 from INR 685 Cr in FY24. The refined oil segment, which contributes 88% of TOI, saw value growth but a 5% decline in sales volume due to high festive season prices. Soya value-added products experienced degrowth in FY23 due to moderation in export demand. H1 FY26 revenue reached INR 446.44 Cr, a 154.8% increase over H1 FY25 revenue of INR 175.22 Cr.
Geographic Revenue Split
Domestic sales, primarily in Central India (Madhya Pradesh), contribute approximately 91% of revenue. Exports contributed 9% of TOI in FY25, down from 10% in FY24 and 13% in FY23, due to shifting global demand for soya meal.
Profitability Margins
PBILDT margin moderated to 6.69% in FY25 from 9.25% in FY24. PAT margin stood at 5.03% in FY25 compared to 6.57% in FY24. The decline was driven by increased marketing expenditures in new territories. H1 FY26 PAT was INR 18.44 Cr compared to INR 9.56 Cr in H1 FY25.
EBITDA Margin
PBILDT margin was 6.69% in FY25, a decrease from 9.25% in FY24. The margin is sensitive to raw material price volatility, with historical lows of 2.82% in FY22 when soya seed prices spiked and could not be fully passed on to customers.
Capital Expenditure
Not disclosed in available documents; however, rating sensitivities monitor major debt-funded capex that would increase gearing above 1.0x.
Credit Rating & Borrowing
CARE Ratings assigned a 'Stable' outlook. Borrowing remains low with average fund-based working capital utilization at 2% for the 12 months ended June 2025 and 22% for the period ended April 2024.
Operational Drivers
Raw Materials
Crude soya oil and soya seeds are the primary raw materials. Soya seeds are the major cost component for the crushing and meal segments.
Import Sources
Raw materials are primarily sourced from Central India (Madhya Pradesh). Imports are described as negligible, making the company a net exporter.
Key Suppliers
Not specifically named; sourced from local farmers and traders in the Madhya Pradesh soya belt.
Capacity Expansion
Current capacity not disclosed in MTPA. Expansion is focused on geographical reach into Rajasthan and Uttar Pradesh rather than just physical plant capacity.
Raw Material Costs
Raw material costs are highly volatile. Profitability is susceptible to sudden movements in crude soya oil prices, which impacted margins by over 250 basis points in FY25.
Manufacturing Efficiency
Operating cycle improved to 28 days in FY25 from 38 days in FY24, reflecting lean inventory management and efficient retail collections.
Logistics & Distribution
Distribution is focused on the retail premium segment in Madhya Pradesh, with expansion into Gujarat, Maharashtra, and Rajasthan.
Strategic Growth
Expected Growth Rate
15%
Growth Strategy
Growth is targeted through geographical expansion into Rajasthan and Uttar Pradesh, increasing the share of value-added products in food and pharma categories, and deepening brand penetration of 'Kriti' in the premium retail segment. Rating sensitivities target a TOI above INR 1,000 Cr.
Products & Services
Branded refined soya oil, soya meal, lecithin, and value-added soya protein products.
Brand Portfolio
Kriti
New Products/Services
Value-added products in the food and pharma categories are expected to contribute to higher margins, though specific revenue % is not disclosed.
Market Expansion
Targeting neighboring states including Gujarat, Maharashtra, Rajasthan, and Uttar Pradesh to reduce geographic concentration.
Market Share & Ranking
Established leader in the branded refined oil segment in Central India (Madhya Pradesh).
Strategic Alliances
Associate company: Kriti Industries (India) Limited, which is consolidated using the equity method.
External Factors
Industry Trends
The edible oil industry is highly competitive and fragmented. There is a clear trend toward branded, premium refined oils over bulk/unbranded products, which favors KNL's retail-heavy model.
Competitive Landscape
Faces intense competition from both large national players and local unorganized mills in the edible oil and soya meal sectors.
Competitive Moat
Moat is built on the 'Kriti' brand equity in Central India and a 100% retail sales model for refined oil, which provides better margins and stickier demand than bulk sales.
Macro Economic Sensitivity
Highly sensitive to edible oil inflation and monsoon impacts on soya seed production in Central India.
Consumer Behavior
Shift toward non-branded oil occurs when branded oil prices exceed certain psychological thresholds, as seen in the 5% volume decline in FY25.
Geopolitical Risks
Export demand for soya meal is subject to international trade dynamics and competition from other soya-producing nations.
Regulatory & Governance
Industry Regulations
Subject to FSSAI standards for edible oils and export-import regulations regarding soya meal and crude oil duties.
Taxation Policy Impact
Effective tax rate is approximately 23% based on H1 FY26 PBT of INR 23.97 Cr and PAT of INR 18.44 Cr.
Legal Contingencies
The company has pending litigations disclosed in Note 36 of the Standalone Financial Statements; however, the specific INR value of these contingencies is not provided in the summary.
Risk Analysis
Key Uncertainties
Raw material price volatility (soya seeds/crude oil) and foreign exchange fluctuations are the primary business risks, potentially impacting margins by 2-3%.
Geographic Concentration Risk
High concentration with the majority of branded sales occurring in Madhya Pradesh.
Third Party Dependencies
Dependency on the group company, Kriti Industries (India) Limited, for certain investments and loans/advances.
Technology Obsolescence Risk
Low risk; focus is on traditional crushing and refining, though digital marketing is increasing for brand penetration.
Credit & Counterparty Risk
Low risk due to retail-driven sales model; current ratio of 5.56x and quick ratio of 3.36x indicate very strong short-term liquidity.