Kiri Industries

Who are the top shareholders of the Kiri Industries?

The top shareholders of Kiri Industries include Anupama Manishkumar Kiri, the largest promoter with 12.19% of shares, and 49 Foreign Institutional Investors holding 25.94%. Additionally, Griffin Growth Fund Vcc is the highest public shareholder at 8.67%, while individual investors own 30.86% of the total shares.

The top shareholders of Kiri Industries include a mix of promoters and institutional investors. The largest promoter is Anupama Manishkumar Kiri, who holds 12.19% of the shares. The company has a significant portion of its shares pledged by promoters, totaling 78.4942%. Among institutional investors, 49 Foreign Institutional Investors (FIIs) collectively hold 25.94% of the shares. Additionally, the highest public shareholder is Griffin Growth Fund Vcc, with a holding of 8.67%. Individual investors also hold a substantial portion, accounting for 30.86% of the total shares.

how big is Kiri Industries?

As of October 2023, Kiri Industries Ltd has a market capitalization of 3,457.06 Cr, with net sales of 821.82 Cr and net profit of 250.74 Cr over the last four quarters. Shareholder's funds are 2,811.72 Cr, and total assets amount to 3,392.42 Cr as of March 2024.

Market Cap: Kiri Industries Ltd has a market capitalization of 3,457.06 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Mar'25, Dec'24, Sep'24, and Jun'24, is 821.82 Cr. The sum of Net Profit for the same period is 250.74 Cr. This data is consolidated.<BR><BR>Balance Sheet Snapshot: This is consolidated data for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 2,811.72 Cr, while Total Assets amount to 3,392.42 Cr.

Who are in the management team of Kiri Industries?

As of March 2022, the management team of Kiri Industries includes Manish P Kiri (Chairman & Managing Director), Suresh Gondalia (Company Secretary & Compliance Officer), and four Independent Directors: Keyoor M Bakshi, Mukesh Desai, Veena Jayntilal Padia, and Ulrich Hambrecht. Each member contributes to the company's governance and strategic direction.

As of March 2022, the management team of Kiri Industries includes:<BR><BR>1. Manish P Kiri - Chairman & Managing Director<BR>2. Suresh Gondalia - Company Secretary & Compliance Officer<BR>3. Keyoor M Bakshi - Independent Director<BR>4. Mukesh Desai - Independent Director<BR>5. Veena Jayntilal Padia - Independent Director<BR>6. Ulrich Hambrecht - Independent Director<BR><BR>Each member plays a crucial role in the governance and strategic direction of the company.

What does Kiri Industries do?

Kiri Industries Ltd, a small-cap company in the Dyes and Pigments industry, was incorporated in 1998 and reported net sales of 205 Cr and a net profit of -85 Cr for the quarter ending March 2025. The company has a market cap of Rs 3,472 Cr and key metrics include a P/E of 13.00 and a debt-equity ratio of 0.24.

Overview:<BR>Kiri Industries Ltd operates in the Dyes and Pigments industry and is categorized as a Small Cap company.<BR><BR>History:<BR>Kiri Industries Limited was incorporated in May 1998 as 'Kiri Dyes & Chemicals Private Limited' in Ahmedabad, Gujarat. The company transitioned to a Public Limited Company and changed its name to 'Kiri Dyes & Chemicals Limited'. On 8 March 2011, it was renamed to Kiri Industries Limited. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 205 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: -85 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 3,472 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 13.00 <BR>Industry P/E: 31 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.24 <BR>Return on Equity: 7.72% <BR>Price to Book: 1.02 <BR><BR>Contact Details:<BR>Address: 7th Floor Hasubhai Chamber, Opp Town Hall Ellisbridge Ahmedabad Gujarat : 380006 <BR>Tel: 991-79-26574371/72/73 <BR>Email: info@kiriindustries.com <BR>Website: http://www.kiriindustries.com

Has Kiri Industries declared dividend?

Kiri Industries Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of September 17, 2020. Despite this, the dividend yield is 0%, and total returns have varied significantly across periods, with notable price returns of 96.36% over one year and 100.98% over two years.

Kiri Industries Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 17 Sep 20<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -0.04%, with a dividend return of 0%, resulting in a total return of -0.04%.<BR><BR>For the 1-year period, the price return was 96.36%, with a dividend return of 0%, leading to a total return of 96.36%.<BR><BR>Over the 2-year period, the price return was 100.98%, and the dividend return was 0%, giving a total return of 100.98%.<BR><BR>In the 3-year period, the price return was 21.16%, with a dividend return of 0%, resulting in a total return of 21.16%.<BR><BR>For the 4-year period, the price return was 1.29%, and the dividend return was 0%, leading to a total return of 1.29%.<BR><BR>In the 5-year period, the price return was 60.57%, with a dividend return of 0.11%, resulting in a total return of 60.68%.<BR><BR>Overall, Kiri Industries has declared a dividend, but the dividend yield remains at 0%. The total returns over various periods show significant price returns, particularly in the 1-year and 2-year periods, indicating strong performance despite the lack of consistent dividend returns.

Who are the peers of the Kiri Industries?

Kiri Industries' peers include Sudarshan Chem, Ultramarine Pig., Heubach Colorant, and others, with varying management risks and growth ratings. Kiri Industries has a 1-year return of 96.56%, outperforming most peers, while some, like Bodal Chemicals and Poddar Pigments, have negative returns.

Peers: The peers of Kiri Industries are Sudarshan Chem, Ultramarine Pig., Heubach Colorant, Sh.Pushkar Chem., Bodal Chemicals, Bhageria Indust., Asahi Songwon, Poddar Pigments, AksharChem (I), and Ducol Organics.<BR><BR>Quality Snapshot: Excellent management risk is observed at Ultramarine Pig., Heubach Colorant, Sh.Pushkar Chem., and Bhageria Indust., while Average management risk is found at Sudarshan Chem, Kiri Industries, Bodal Chemicals, Asahi Songwon, and Poddar Pigments. Below Average management risk is noted for Kiri Industries, Bodal Chemicals, and AksharChem (I). Growth ratings are Below Average for Sudarshan Chem, Kiri Industries, Ultramarine Pig., Heubach Colorant, Sh.Pushkar Chem., Bodal Chemicals, Bhageria Indust., Asahi Songwon, Poddar Pigments, and AksharChem (I), while Ducol Organics has Average growth. Capital Structure is Excellent for Ultramarine Pig., Heubach Colorant, Sh.Pushkar Chem., Bhageria Indust., and AksharChem (I), Average for Sudarshan Chem, and Good for Kiri Industries, while Below Average is noted for Bodal Chemicals and Asahi Songwon.<BR><BR>Return Snapshot: Kiri Industries has a 1-year return of 96.56%, which is higher than Sudarshan Chem's 50.26%, the highest among peers, and significantly higher than Poddar Pigments' -22.79%, the lowest. Additionally, the peers with negative six-month returns include Bodal Chemicals, Poddar Pigments, and AksharChem (I).

Is Kiri Industries overvalued or undervalued?

As of February 13, 2023, Kiri Industries is considered overvalued and risky, with a PE ratio of 13.72 and negative EV to EBITDA, especially when compared to peers like Sudarshan Chemicals and Ultramarine Pigments, despite a strong annual return of 97.36% that has recently underperformed the Sensex.

As of 13 February 2023, the valuation grade for Kiri Industries has moved from attractive to risky, indicating a shift in market perception. The company is currently considered overvalued. Key ratios include a PE ratio of 13.72, an EV to EBITDA of -112.60, and a PEG ratio of 0.21, which suggest that despite a low PE ratio, the negative EV to EBITDA raises concerns about profitability and valuation sustainability.<BR><BR>In comparison to peers, Kiri Industries' valuation appears unfavorable, particularly against Sudarshan Chemicals, which has a PE ratio of 71.32, and Ultramarine Pigments, with a PE of 20.04. The significant disparity in valuation metrics highlights Kiri's risk profile within the industry. Additionally, while Kiri Industries has outperformed the Sensex over the past year with a return of 97.36% compared to the Sensex's 7.58%, its recent performance has lagged behind the index in shorter time frames, further emphasizing the need for caution in its valuation assessment.

How has been the historical performance of Kiri Industries?

Kiri Industries has experienced significant declines in net sales and operating profit from Mar'22 to Mar'25, with net sales dropping from 1,496.91 Cr to 740.03 Cr and operating profit turning from a profit of 123.27 Cr to a loss of 53.92 Cr. Despite a recovery in consolidated net profit to 264.74 Cr in Mar'25, the company faces increasing liabilities and negative cash flow since Mar'24.

Answer:<BR>The historical performance of Kiri Industries shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Kiri Industries has experienced a decline in net sales from 1,496.91 Cr in Mar'22 to 740.03 Cr in Mar'25, with a notable drop in Mar'23 to 945.07 Cr. Total operating income followed a similar trend, decreasing from 1,496.91 Cr in Mar'22 to 740.03 Cr in Mar'25. The raw material cost peaked at 1,021.09 Cr in Mar'22 but has since decreased to 435.32 Cr in Mar'25. Operating profit (PBDIT) saw a significant decline, moving from a profit of 123.27 Cr in Mar'22 to a loss of 53.92 Cr in Mar'25. The profit before tax also turned negative, dropping from a profit of 68.32 Cr in Mar'22 to a loss of 110.69 Cr in Mar'25. Despite these losses, the consolidated net profit showed a recovery to 264.74 Cr in Mar'25, up from 166.23 Cr in Mar'24, although it was lower than the 388.77 Cr in Mar'22. The company’s total liabilities increased from 3,060.93 Cr in Mar'22 to 4,703.36 Cr in Mar'25, with long-term borrowings rising sharply from 26.71 Cr in Mar'22 to 1,114.26 Cr in Mar'25. Cash flow from operating activities has been negative since Mar'24, with a significant outflow of 341.00 Cr in Mar'25. Overall, Kiri Industries has faced challenges in sales and profitability while managing increasing liabilities and fluctuating cash flows.

Is Kiri Industries technically bullish or bearish?

As of December 4, 2025, the technical trend is mildly bullish, supported by the weekly MACD, Bollinger Bands, and OBV, despite some mixed signals from other indicators like the daily moving averages and monthly MACD.

As of 4 December 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive stance, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the bullish outlook. The daily moving averages are mildly bearish, which introduces some short-term weakness. The KST is bullish weekly but mildly bearish monthly, and Dow Theory shows a mildly bullish weekly stance but mildly bearish monthly. The OBV is mildly bullish on both time frames. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD, Bollinger Bands, and OBV, despite some mixed signals from other indicators.

When is the next results date for Kiri Industries Ltd?

The next results date for Kiri Industries Ltd is 10 February 2026.

The next results date for Kiri Industries Ltd is scheduled for 10 February 2026.

Are Kiri Industries Ltd latest results good or bad?

Kiri Industries Ltd's latest results are concerning, as the impressive net profit of ₹5,022.01 crores is largely due to extraordinary income, while core net sales have declined by 18.67% and operating margins have fallen to -28.01%, indicating significant operational challenges. Overall, these results reflect more distress than success.

Kiri Industries Ltd's latest results indicate a challenging situation for the company. While the consolidated net profit for Q3 FY26 appears impressive at ₹5,022.01 crores, this figure is largely inflated by an extraordinary other income of ₹101.94 crores, which accounted for a significant portion of the revenue. The core business, however, is struggling, with net sales declining by 18.67% quarter-on-quarter to ₹173.59 crores, marking the lowest revenue in the past eight quarters.<BR><BR>The operating margin, excluding other income, has plummeted to -28.01%, the worst performance in at least two years, indicating severe operational difficulties. This negative margin suggests that the company is not effectively managing its costs or generating sufficient revenue from its core operations.<BR><BR>Additionally, interest costs have risen, further straining the company's financial position. The overall picture reflects a company grappling with fundamental issues, and the reliance on non-operating income to report profits raises serious concerns about sustainability and operational health.<BR><BR>In summary, while the headline profit figure may seem positive, the underlying operational challenges and negative trends in core business performance suggest that the results are more indicative of distress than success.

Should I buy, sell or hold Kiri Industries Ltd?

Why is Kiri Industries Ltd falling/rising?

As of 20-Apr, Kiri Industries Ltd's stock price is declining at 412.75, down 1.49%, due to negative financial results over five quarters, including a significant profit drop and operating loss. The company's weak fundamentals and lack of investor confidence contribute to its poor performance, with a year-to-date decline of 43.14%.

As of 20-Apr, Kiri Industries Ltd is experiencing a decline in its stock price, currently at 412.75, reflecting a change of -6.25 (-1.49%). This downward movement can be attributed to several factors. The stock has been on a consecutive fall for the last three days, resulting in a total decline of -2.09% during this period. Additionally, the company has reported negative financial results for the last five consecutive quarters, including a significant drop in profit after tax (PAT) of -138.4% compared to the previous four-quarter average, and the lowest net sales recorded at Rs 173.59 crore.<BR><BR>The company's financial health is further compromised by an operating loss and a negative EBITDA of Rs -83.59 crore, indicating poor profitability. The weak ability to service its debt is highlighted by a low EBIT to interest ratio of 0.97. Furthermore, the stock has underperformed in the long term, with a year-to-date decline of -43.14% and a one-year return of -35.69%, significantly worse than the broader market, as evidenced by the Sensex's performance.<BR><BR>Despite a slight outperformance against its sector today, the overall sentiment remains negative due to the company's weak fundamentals and lack of investor confidence, as reflected by the absence of domestic mutual fund holdings. These factors collectively contribute to the stock's falling price.

Which are the latest news on Kiri Industries?