Financial distress indicators · updated 2026-10-09

Kridhan Infra Limited — financial distress indicators

Q: What do Kridhan Infra Limited's financial-health indicators show?

As of 2026-10-09, Kridhan Infra Limited's public financial data places it in the 'Watch' band with a distress score of 45/100, driven by liabilities exceed assets (negative equity), operating profit does not cover interest and severe working-capital shortfall. This is a statistical screen of reported numbers — it does not mean the company is insolvent, has defaulted or will enter insolvency proceedings.

Q: What is Kridhan Infra Limited's financial distress score?

45/100 ('Watch'). Ohlson O-score 30.0 (model 1-year failure probability 100%). Merton distance-to-default 1.77 σ (model default probability 3.9%).

Q: What works in Kridhan Infra Limited's favour?

Operating cash flow is positive over the latest 12 months. Revenue still growing (+34% YoY). High insider/promoter ownership (58%) aligns management with survival.

Q: How are shareholders treated if a company enters insolvency?

Under the IBC the Committee of Creditors controls the resolution; the §53 waterfall pays secured creditors and workers first and equity last. In most resolution plans existing shareholders are wiped out or left with a token stake, and the company may be delisted.

KRIDHANINF — open full stock page →

Basic MaterialsSteel Mkt cap ₹18.52 CrStatements as of Mar 2026 Flows: FY Mar 2026

Distress score / 100

Statistical model output from public data — not an allegation of insolvency or default. Methodology

Financial-health summary

Kridhan Infra Limited's reported numbers place it in the 'Watch' financial-health band (distress score 45/100). The main indicators are liabilities exceed assets (negative equity), operating profit does not cover interest and severe working-capital shortfall. Independently, the Ohlson accounting model puts its 1-year failure probability at 100% and the market-implied (Merton) default probability is 3.9%. In its favour: operating cash flow is positive over the latest 12 months.

0.05

Current ratio

0.91×

Interest cover

2.75×

Debt / EBITDA

n/a

Cash runway

100%

Ohlson 1-yr PD

3.9%

Merton 1-yr PD

₹44.08 L

Cash & ST investments

₹11.52 Cr

Total debt

-59%

From 52-week high

Stress by dimension

Share price — last 12 months

Indicators behind the score

Each red flag shows the evidence from the company’s own filings and the financial or legal principle behind it. Points add to the 0–100 score.

Liabilities exceed assets (negative equity)+18

Solvency

Total liabilities are 8.51× total assets.

Balance-sheet insolvency test: debts exceeding the fair value of assets is the statutory definition of net-worth erosion; under the Companies Act 2013 it is a recognised sign of financial sickness.

Operating profit does not cover interest+15

Solvency

Interest coverage (EBIT / interest) is 0.91×.

When EBIT < interest, debt service is funded from cash reserves or new borrowing — the classic precursor to payment default and covenant breach.

Severe working-capital shortfall+12

Liquidity

Current ratio is 0.05 (current assets cover 5% of near-term obligations).

Cash-flow insolvency test: inability to pay debts as they fall due is the trigger for both U.S. involuntary petitions and Indian IBC default.

Revenue vs net income

Cash generation

Debt vs cash vs equity

✅ Mitigating factors

Operating cash flow is positive over the latest 12 months.
Revenue still growing (+34% YoY).
High insider/promoter ownership (58%) aligns management with survival.

📰 Recent news scan

Kridhan Infra KRIDHANINF Trading Window Closure Oct 2026 - Kalkine India
Google News · 2026-09-28
Kridhan Infra Limited Announces Resignation of Company Secretary Ms. Dipti Jain - scanx.trade
Google News · 2026-04-23

⚖️ Indian legal pathway — the IBC, 2016

How insolvency starts

A financial creditor (§7), an operational creditor after a demand notice (§§8–9) or the company itself (§10) can apply to the NCLT once a default of at least ₹1 crore occurs (§4).
On admission a moratorium (§14) stops suits and recovery; the board is suspended and an insolvency professional runs the company.
The Committee of Creditors approves a resolution plan with 66% of voting share (§30(4)) within an outer limit of 330 days (§12); otherwise liquidation (§33) under the §53 waterfall — equity ranks last. Defaulting promoters are generally barred from bidding (§29A).

Earlier warning stages

RBI's Prudential Framework for Resolution of Stressed Assets (7 June 2019): lenders must review a borrower within 30 days of default and implement a resolution plan, or provide more.
Listed companies must disclose loan defaults to exchanges under SEBI (LODR); a rating downgrade to “D” is a public signal.
Auditors must report going-concern uncertainty (SA 570 / Ind AS 1).

Frequently asked questions

What do Kridhan Infra Limited's financial-health indicators show?

As of 2026-10-09, Kridhan Infra Limited's public financial data places it in the 'Watch' band with a distress score of 45/100, driven by liabilities exceed assets (negative equity), operating profit does not cover interest and severe working-capital shortfall. This is a statistical screen of reported numbers — it does not mean the company is insolvent, has defaulted or will enter insolvency proceedings.

What is Kridhan Infra Limited's financial distress score?

45/100 ('Watch'). Ohlson O-score 30.0 (model 1-year failure probability 100%). Merton distance-to-default 1.77 σ (model default probability 3.9%).

What works in Kridhan Infra Limited's favour?

Operating cash flow is positive over the latest 12 months. Revenue still growing (+34% YoY). High insider/promoter ownership (58%) aligns management with survival.

How are shareholders treated if a company enters insolvency?

Under the IBC the Committee of Creditors controls the resolution; the §53 waterfall pays secured creditors and workers first and equity last. In most resolution plans existing shareholders are wiped out or left with a token stake, and the company may be delisted.

Other Metals, Mining & Chemicals companies with distress indicators

Andhra Cements Limited (ACL)Very weak 100/100
Astron Paper & Board Mill Limited (ASTRON)Very weak 100/100
Burnpur Cement Limited (BURNPUR)Very weak 100/100
Shrenik Limited (SHRENIK)Very weak 100/100
Thirumalai Chemicals Limited (TIRUMALCHM)Very weak 100/100
Zenith Steel Pipes & Industries Limited (ZENITHSTL)Very weak 100/100

All Metals, Mining & Chemicals companies with distress indicators →

Methodology

Score = capped sum of rule-based red flags across seven dimensions (liquidity, solvency, profitability, cash flow, sales trend, market signal, news). Ohlson O-score (1980) gives an accounting-based 1-year failure probability; Merton distance-to-default (Bharath & Shumway 2008) gives a market-implied probability. Financial institutions use a capital-based rule set. Recalculated every trading day from the latest filings, prices and news.

Not a prediction of default or insolvency. This page summarises statistical risk indicators from public data. It does not allege insolvency, default or wrongdoing, and the company may have resources or plans not reflected here (undrawn credit lines, asset sales, parent support, recent capital raises). Verify with the company’s filings (exchange disclosures, annual report). Not investment or legal advice.