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Kritika Wires Ltd vs Nova Iron Steel Ltd Stock Comparison

Kritika Wires Ltd vs Nova Iron Steel Ltd Stock Comparison

Last Updated on: Jun 02, 2026

Key Highlights

  • The Latest Trading Price of Kritika Wires Ltd is ₹ 6.13 as of 02 Jun 12:09 . The P/E Ratio of Kritika Wires Ltd changed from 83.4 on March 2021 to 22.6 on March 2025 . This represents a CAGR of -22.98% over 5 yearsThe P/E Ratio of Nova Iron & Steel Ltd changed from 0.3 on March 2025 to 0.3 on March 2025 . This represents a CAGR of 0.00% over 1 years The Market Cap of Kritika Wires Ltd changed from ₹ 325.75 crore on March 2021 to ₹ 229 crore on March 2025 . This represents a CAGR of -6.81% over 5 yearsThe Market Cap of Nova Iron & Steel Ltd changed from ₹ 24.79 crore on March 2021 to ₹ 47.23 crore on March 2025 . This represents a CAGR of 13.76% over 5 years The revenue of Kritika Wires Ltd for the Mar '26 is ₹ 147.44 crore as compare to the Dec '25 revenue of ₹ 162.52 crore. This represent the decline of -9.28% The revenue of Nova Iron & Steel Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 110.26 crore. This represent the decline of -100% The ebitda of Kritika Wires Ltd for the Mar '26 is ₹ 3.81 crore as compare to the Dec '25 ebitda of ₹ 4.22 crore. This represent the decline of -9.72% The ebitda of Nova Iron & Steel Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ -0.81 crore. This represent the decline of -100% The net profit of Kritika Wires Ltd changed from ₹ 2.17 crore to ₹ 2.05 crore over 8 quarters. This represents a CAGR of -2.80% The net profit of Nova Iron & Steel Ltd changed from ₹ 4.49 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of -100.00% The Dividend Payout of Kritika Wires Ltd changed from 22.02 % on March 2022 to 0 % on March 2025 . This represents a CAGR of -100.00% over 4 yearsThe Dividend Payout of Nova Iron & Steel Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About Kritika Wires Ltd

  • Kritika Wires Limited was originally incorporated as a Private Limited Company with the name 'Kritika Wires Private Limited' on May 31, 2004.
  • Subsequently, the Company was converted into a Public Limited Company and the name of the Company was changed to 'Kritika Wires Limited' on May 03, 2018. The Company's business activity primarily is manufacturing, exporting and supplying of industrial steel wires, aluminium wire and galvanized wires to State Electricity Boards, Power Grid Corporation of India Ltd, and Urban Infrastructure Authorities.
  • The Company produces wires of high precision to the utmost care and satisfaction of its National and International customers.
  • The Company's factory is located in Howrah, West Bengal and is well connected logistically. The Company has been meeting the requirement of various clients in the government and private sectors like power, infrastructure, railway and many more industries.

About Nova Iron & Steel Ltd

  • Nova Iron & Steel Limited was incorporated in 1986.
  • The company was promoted by Nova Magnetics, Nova Electro-Magnetics and Nova Steels, all belonging to R K Gambhir and G K Gambhir of the Nova group.
  • The Company is engaged in the manufacture of sponge iron and steel.
  • The company also provides product separation, screening, and storage facilities. During the year 1993-94, the company came out with a public issue of 5,27,00,000 equity shares of Rs 10 each for cash to part finance their sponge iron project at Bilaspur, Madhya Pradesh. In July 15, 1994, the company inaugurated the sponge iron plant at Bilaspur.
  • In September 1994, they started trial production.

FAQs for the comparison of Kritika Wires Ltd and Nova Iron & Steel Ltd

Which company has a larger market capitalization, Kritika Wires Ltd or Nova Iron & Steel Ltd?

Market cap of Kritika Wires Ltd is 162 Cr while Market cap of Nova Iron & Steel Ltd is 43 Cr

What are the key factors driving the stock performance of Kritika Wires Ltd and Nova Iron & Steel Ltd?

The stock performance of Kritika Wires Ltd and Nova Iron & Steel Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Kritika Wires Ltd and Nova Iron & Steel Ltd?

As of June 2, 2026, the Kritika Wires Ltd stock price is INR ₹6.11. On the other hand, Nova Iron & Steel Ltd stock price is INR ₹11.94.

How do dividend payouts of Kritika Wires Ltd and Nova Iron & Steel Ltd compare?

To compare the dividend payouts of Kritika Wires Ltd and Nova Iron & Steel Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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