Incorporated in 2004, Kataria Industries Limited is a prominent manufacturer and supplier specializing in Low-Relaxation Pre-Stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage Systems, HDPE Single-Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminum Conductors.
Their comprehensive product range serves diverse sectors, including infrastructure, roads, bridges, flyovers, metros, railways, high-rise buildings, atomic reactors, LNG tanks, power transmission, and distribution lines.
Kataria Industries' product portfolio includes LRPC Strands, polymer-coated grease/wax-filled LRPC Strands, galvanised LRPC Strands, galvanised PE-coated LRPC Strands, and specialised LRPC Strands (19 strands and up to 23.00 mm).
The company operates two manufacturing plants in Ratlam, Madhya Pradesh, equipped with essential machinery, infrastructure, and in-house testing facilities to ensure products meet stringent quality standards. The manufacturing facility is certified under ISO 9001:2015 for quality management systems.
Serving both domestic and international markets, Kataria Industries has exported its products to countries such as Dubai, Qatar, Nepal, Iran, Oman, Bahrain, and Brazil.
As of December 31, 2023, the company employs 71 permanent workers across various departments, emphasising a strong commitment to quality and customer satisfaction. Kataria Industries continues to play a vital role in advancing infrastructure projects worldwide.
Industry Outlook:
- The machine tools market is projected to reach $2.5 billion by 2028, growing at a CAGR of 9.4% during 2023-28.
- India’s engineering goods export is set to reach $200 billion by 2030, with engineering R&D market increasing from $36 billion in FY19 to $63 billion by FY25.
Kataria Industries Limited IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Capital Expenditure for the purchase of machineries
- Repayment of Debt
- General Corporate Purpose
- Meeting Public Issue Expenses
Peer Details
The companies considered by Kataria Industries as its peers include:
- Kamdhenu Limited
- Incredible Industries Limited
- Bharat Wire Ropes Limited
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Contact Details of Kataria Industries Limited IPO
- Registered office: 34-38 and 44, Industrial Area, Ratlam, Madhya Pradesh-457001 India
- Phone: 07412 299407, 07412 261012
- E-mail: info@katariagroup.co.in
IPO Financials
| Particulars | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
|---|---|---|
| Total Revenue (in ₹ lakh) | 33,912.72 | 33,182.94 |
| Profit After Tax (PAT) (in ₹ lakh) | 1,002.11 | 777.83 |
| Cash & Cash Equivalents (in ₹ lakh) | 416.20 | 510.20 |
| Net Worth (in ₹ lakh) | 4,549.56 | 3,584.16 |
| Debt Equity Ratio (x) | 1.38 | 2.98 |
| Return on Equity (%) | 24.53 | 24.34 |
| Return on Capital Employed (RoCE) (%) | 17.40 | 9.31 |
| Diluted Earning Per Share (EPS)-in absolute ₹ | 6.32 | 4.91 |
Know before investing
Strengths
7Approved supplier for key government and commercial infrastructure projects.
Supplies for major metro projects like Bullet Train and Chennai Metro.
ISO 9001:2015 certified manufacturing facility ensuring top quality control.
Comprehensive product range, including PT anchorage and sheathing ducts.
Wide geographical reach with exports to Dubai, Qatar, Iran, and Brazil.
Achieved export revenue of 4.45% in FY 2023-24.
Risks
7Capital expenditure delays could lead to cost and time overruns.
Raw material supply disruptions may affect operations and profitability.
Contingent liabilities could negatively impact financial conditions if realised.
Dependence on top 10 customers for 51.72% of revenue.
Promoters' personal guarantees revocation risks financial and operational impact.
New public company status increases compliance and reporting requirements.
Operational delays from obtaining and renewing necessary permits and licenses.
