KIRI INDUSTRIES LIMITED

BSE: KIRIINDUS532967ISIN INE415I01015

Commodities
Dyes And Pigments
BSE 1000

Share price

₹523.350.00 (0.00%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹778.00
52W low: ₹334.40
Off 52W high: -32.73%
1M return: -3.55%
3M return: +24.79%
6M return: +22.58%
1Y return: -2.89%
20D avg volume: 17,381
50 DMA: ₹527.21
200 DMA: ₹445.14

Key ratios Consolidated

Market cap: ₹3,411 Cr
Current price: ₹523.35
52W high / low: ₹778.00 / ₹334.40
Face value: ₹10.00
P/E: 0.58
P/B: —
EPS (TTM): ₹897.30
Book value / share: —
ROE: —
ROCE: 89.10%
Operating margin: —
Net margin: —
Debt / equity: 0.01
Net debt: ₹-510.52 Cr
Interest cover: 29.65
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: -38.8 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	312.36	250.50	173.59	213.44	202.12	205.02	178.63	272.23	265.17	269.06	218.73	230.53
	285.93	38.75	101.94	0.64	34.77	6.17	91.93	4.89	1.34	5.83	3.02	1.97
	598.29	289.25	275.53	214.07	236.89	211.19	270.56	277.12	266.50	274.89	221.75	232.50
	309.76	412.84	301.13	299.30	289.46	275.27	284.19	284.86	265.65	283.60	249.46	258.07
	216.72	186.80	123.51	141.89	138.30	131.42	105.88	153.19	166.12	148.06	155.69	150.12
	13.38	9.52	11.37	16.17	20.88	17.83	18.18	30.78	14.26	57.43	20.71	25.49
	12.71	12.37	11.77	12.82	11.94	11.32	13.16	13.49	12.23	12.59	12.01	12.12
	1.37	8.15	67.03	60.52	59.55	53.93	49.90	17.84	5.50	7.63	5.91	5.38
	11.92	11.82	11.89	11.65	11.59	11.24	11.25	11.84	11.72	12.01	12.19	12.25
	67.56	180.90	71.46	53.73	48.35	61.73	88.64	55.29	50.05	56.82	53.65	51.54
	288.52	-123.59	-25.60	-85.22	-52.57	-64.07	-13.63	-7.74	0.85	-8.71	-27.70	-25.58
	0.00	26.86	5,854	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	288.52	-96.74	5,829	-85.22	-52.57	-64.07	-13.63	-7.74	0.85	-8.71	-27.70	-25.58
	18.51	595.21	817.05	-5.75	1.17	0.28	0.09	4.96	3.20	7.72	1.69	1.22
	290.70	514.36	5,023	19.65	10.14	-84.64	176.89	80.30	78.19	-9.60	126.37	18.80
	44.89	84.13	834.39	-4.74	1.91	-15.37	28.47	15.49	15.08	-1.97	24.38	3.63
Key metrics
	301.81	-76.77	5,908	-13.05	18.57	1.10	47.52	21.94	18.07	10.93	-9.60	-7.95
	96.60%	-30.60%	3,403.20%	-6.10%	9.20%	0.50%	26.60%	8.10%	6.80%	4.10%	-4.40%	-3.40%
	93.10%	205.30%	2,893.50%	9.20%	5.00%	-41.30%	99.00%	29.50%	29.50%	-3.60%	57.80%	8.20%
	—	-1.40%	—	-0.50%	—	-0.20%	—	—	—	—	—	—
	54.50%	22.20%	-2.80%	-21.60%	-23.80%	-23.80%	-18.30%	18.10%	—	—	—	—
	2,766.90%	707.70%	2,739.50%	-75.50%	-87.00%	-781.70%	40.00%	327.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	949.89	839.65	740.03	949.21	945.07	1,497
	427.26	176.09	114.87	8.67	3.34	1.98
	1,377	1,016	854.90	957.88	948.40	1,499
	1,323	1,303	965.59	1,033	1,038	1,431
	668.92	590.49	435.32	603.40	604.27	1,021
	50.44	57.94	79.53	119.90	59.97	53.08
	49.67	48.90	46.21	48.22	50.98	60.18
	137.07	195.25	127.10	22.82	6.31	4.78
	47.28	46.94	44.53	48.64	48.88	50.16
	373.65	354.43	236.43	208.75	241.23	295.82
	54.11	-286.98	-110.69	-74.94	-89.33	68.33
	5,881	5,881	0.00	0.00	0.00	0.00
	5,935	5,594	-110.69	-74.94	-89.33	68.33
	1,425	214.92	-2.26	12.96	15.63	15.41
	5,848	5,567	264.74	133.02	106.64	388.77
	958.67	941.32	44.61	25.55	20.67	95.49
Key metrics
	6,120	5,836	60.94	-3.48	-34.14	123.27
	644.25%	695.10%	8.20%	-0.40%	-3.60%	8.20%
	615.60%	663.00%	35.80%	14.00%	11.30%	26.00%
	—	89.10%	0.40%	—	—	—
	10.71%	13.50%	-22.00%	0.40%	-36.90%	—
	3,100.78%	2,002.80%	99.00%	24.70%	-72.60%	—
	—	4,268	-748.90	—	—	—
	—	0.82	-1.29	—	—	—
	—	0.01	0.35	—	—	—
	—	-510.52	1,110	—	—	—
	—	-38.8	24.4	—	—	—
Balance sheet
	—	7,039	4,725	—	—	—
	—	4,698	685.54	—	—	—
	—	551.14	12.55	—	—	—
	—	104.00	108.65	—	—	—
	—	169.27	153.46	—	—	—
	—	34.54	15.27	—	—	—
	—	1,066	804.67	—	—	—
	—	362.60	212.70	—	—	—
	—	538.62	243.45	—	—	—
	—	40.62	1,123	—	—	—
	—	36.75	8.69	—	—	—
	—	3.87	1,114	—	—	—
	—	6,445	3,247	—	—	—
Cash flow
	—	4,555	-341.93	—	—	—
	—	-3,050	-842.32	—	—	—
	—	-966.11	1,194	—	—	—
	—	286.91	406.97	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	295.32	240.92	161.64	194.62	180.76	186.22	156.38	145.52	168.00	199.80	140.99	151.15
	284.13	32.61	105.05	4.31	33.95	4.90	83.34	2.36	14.14	2.91	8.35	0.15
	579.45	273.52	266.69	198.93	214.72	191.12	239.72	147.88	182.14	202.71	149.34	151.30
	290.70	385.88	221.61	221.10	209.56	189.81	215.59	170.01	184.89	228.95	179.21	186.31
	216.72	186.80	123.51	141.89	138.30	131.42	105.88	93.42	104.61	125.00	112.92	116.70
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	33.64	4.21	4.10
	12.12	11.79	11.55	12.62	11.79	10.87	12.91	11.41	10.17	10.59	10.09	10.14
	1.26	0.90	0.79	0.65	0.71	0.83	2.03	8.24	5.44	7.57	5.79	5.27
	11.44	11.22	11.75	11.60	11.48	11.20	11.23	11.08	10.96	10.91	11.09	11.13
	64.73	170.17	69.45	52.99	47.29	48.68	88.35	44.75	40.33	47.14	42.49	42.84
	288.75	-112.36	45.09	-22.17	5.16	1.31	24.13	-22.12	-2.76	-26.24	-29.87	-35.01
	0.00	26.86	5,854	0.00	0.00	0.00	—	—	—	—	—	—
	288.75	-85.50	5,899	-22.17	5.16	1.31	24.13	-22.12	-2.76	-26.24	-29.87	-35.01
	18.50	598.63	817.76	1.05	2.04	-0.48	1.31	1.05	1.03	2.88	0.86	0.87
	270.25	513.12	5,082	-21.12	7.19	1.79	25.44	-21.07	-1.73	-29.12	-29.01	-34.14
	41.81	84.64	846.61	-3.66	1.27	0.22	4.72	-4.07	-0.33	-5.73	-5.60	-6.59
Key metrics
	301.45	-73.38	5,912	-9.92	17.35	13.34	37.39	-2.80	13.64	-7.76	-12.99	-18.61
	102.10%	-30.50%	3,657.50%	-5.10%	9.60%	7.20%	23.90%	-1.90%	8.10%	-3.90%	-9.20%	-12.30%
	91.50%	213.00%	3,143.80%	-10.90%	4.00%	1.00%	16.30%	-14.50%	-1.00%	-14.60%	-20.60%	-22.60%
	—	-1.30%	—	-2.40%	—	0.20%	—	—	—	—	—	—
	63.40%	29.40%	3.40%	33.70%	7.60%	-6.80%	10.90%	-3.70%	—	—	—	—
	3,658.70%	28,565.90%	19,875.20%	-0.20%	515.60%	106.10%	187.70%	38.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	892.50	777.94	655.60	633.39	601.46	1,137
	426.10	175.92	105.25	36.56	23.42	1.87
	1,319	953.86	760.86	669.95	624.88	1,139
	1,119	1,038	760.30	763.38	760.80	1,154
	668.92	590.49	435.32	464.58	464.89	813.85
	0.00	0.00	0.00	41.94	—	2.04
	48.08	47.74	45.36	40.42	42.91	52.54
	3.60	3.05	16.54	22.50	6.10	4.61
	46.01	46.05	44.46	44.20	44.13	43.63
	357.34	339.90	222.10	168.53	199.22	248.41
	199.31	-84.29	0.56	-93.43	-135.92	-14.96
	5,881	5,881	0.00	—	—	—
	6,081	5,797	0.56	-93.43	-135.92	-14.96
	1,436	216.04	-3.87	0.12	1.71	5.64
	5,844	5,581	4.42	-93.55	-134.21	-9.32
	969.40	955.00	0.72	-18.16	-25.80	-2.36
Key metrics
	6,130	5,846	61.56	-26.73	-85.69	33.28
	686.85%	751.50%	9.40%	-4.20%	-14.20%	2.90%
	654.78%	717.40%	0.70%	-14.80%	-22.30%	-0.80%
	—	90.10%	2.00%	—	—	—
	33.43%	18.70%	3.50%	5.30%	-47.10%	—
	43,674.91%	1,26,164.70%	104.70%	30.30%	-1,340.00%	—
	—	5,075	-411.37	—	—	—
	—	0.91	-76.60	—	—	—
	—	0.00	0.21	—	—	—
	—	-330.67	144.05	—	—	—
	—	-29.0	36.5	—	—	—
Balance sheet
	—	6,910	1,109	—	—	—
	—	4,448	316.16	—	—	—
	—	344.49	3.70	—	—	—
	—	113.42	95.36	—	—	—
	—	167.05	153.40	—	—	—
	—	26.75	14.18	—	—	—
	—	497.93	471.54	—	—	—
	—	342.19	183.12	—	—	—
	—	474.99	241.11	—	—	—
	—	13.82	147.75	—	—	—
	—	10.22	8.69	—	—	—
	—	3.60	139.06	—	—	—
	—	6,380	720.36	—	—	—
Cash flow
	—	5,104	-338.56	—	—	—
	—	-4,705	12.23	—	—	—
	—	-57.66	329.10	—	—	—
	—	28.93	72.81	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +8.95%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +33.43%
Profit YoY (TTM): +43,674.91%

Consolidated

Sales CAGR 3Y: -3.87%
Sales CAGR 5Y: —
Profit CAGR 3Y: +273.74%
Profit CAGR 5Y: —
Sales YoY (TTM): +10.71%
Profit YoY (TTM): +3,100.78%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 41.72%

Quarter	September 2026	June 2026
Promoter %	41.72%	41.72%

Holder	Type	Holding	Previous	Change
ANUPAMA MANISHKUMAR KIRI	Promoter Group	14.58%	14.58%	0.00%
MANISHKUMAR P KIRI	Promoter	8.26%	8.26%	0.00%
GRIFFIN GROWTH FUND VCC	Public	5.68%	5.11%	+0.57%
EQUINAIRE CHEMTECH LLP	Promoter Group	5.37%	5.37%	0.00%
CRESTA FUND LTD	Public	4.98%	4.98%	0.00%
HEMIL MANISHKUMAR KIRI	Promoter Group	4.91%	4.91%	0.00%
ARUNABEN PRAVINBHAI KIRI	Promoter Group	4.85%	4.85%	0.00%
LATE PRAVINCHANDRA AMRATLAL KIRI	Promoter	3.74%	3.74%	0.00%
VIKASA INDIA EIF I FUND	Public	3.03%	4.19%	-1.16%
KIRI PRAVINBHAI AMRATLAL HUF	Promoter Group	0.01%	0.01%	0.00%
CHEMHUB TRADELINK PRIVATE LIMITED	Promoter Group	0.00%	0.00%	0.00%
DURGION DEFENCE PRIVATE LIMITED (FORMERLY KIRI CARBON PRIVATE LIMITED)	Promoter Group	0.00%	0.00%	0.00%
KIRI LABORATORIES PRIVATE LIMITED	Promoter Group	0.00%	0.00%	0.00%
KIRI INFRASTRUCTURE PRIVATE LIMITED	Promoter Group	0.00%	0.00%	0.00%
CLARONEX CHEMICALS & PETROCHEMICALS PRIVATE LIMITED	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Sudarshan Chemical Indus. Ltd.	8,524	1,070.60	95.56	4.30%	+90.13% TTM	+4.06% TTM	-7.78%
KIRI INDUSTRIES LIMITED	3,411	523.35	0.58	89.10%	+10.71% TTM	+3,100.78% TTM	-2.89%
Bodal Chemicals Ltd	2,139	169.80	14.84	8.30%	+44.89% TTM	+306.66% TTM	+178.36%
Shree Pushkar Chemicals & Fertilisers Limited	1,926	595.60	21.50	13.10%	+21.62% TTM	+25.09% TTM	+51.19%
Bhageria Industries Limited	1,545	354.10	13.82	9.10%	+75.45% TTM	+128.86% TTM	+65.62%
Ultramarine & Pigments Ltd.	1,066	365.05	11.56	11.70%	+15.56% TTM	+17.19% TTM	-18.19%
Sudarshan Colorants India Limited S	875	378.95	15.72	10.00%	+6.26% TTM	-9.11% TTM	-25.40%
Asahi Songwon Colors Ltd.	437	371.15	12.79	10.40%	-0.60% TTM	+127.01% TTM	+31.82%
AksharChem (India) Ltd. S	293	364.80	10.19	0.80%	+32.59% TTM	+1,396.88% TTM	+38.58%
Poddar Pigments Ltd. S	263	248.00	17.78	5.80%	+4.50% TTM	-17.19% TTM	-9.82%
HINDPRAKASH INDUSTRIES LIMITED S	134	117.70	38.34	10.60%	+1.82% TTM	+137.16% TTM	-16.52%

Filings & corporate actions

Recent announcements

Please find attached herewith Intimation of In-principle Approval received from the stock exchanges.4 Nov 2026 · Company Update / General
Intimation of Q2/H1-FY27 Earnings Conference Call.29 Oct 2026 · Company Update / Analyst / Investor Meet
Kiri Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve Unaudited Standalone and Consolidated ....29 Oct 2026 · Board Meeting / Board Meeting
PFA Updates on completion share transfer process of Shares of Makilala Mining Company, Inc. acquired by Equinaire Holdings Limited-WOS.28 Oct 2026 · Company Update / General
Please find attached Objects of the issue in detail.21 Oct 2026 · Company Update / General
Intimation of Incorporation of a Wholly-owned Subsidiary Company in Chile.21 Oct 2026 · Company Update / Acquisition
Certificate under Reg. 74(5) of SEBI ( Depositories and Participants) regulation, 2018 for the quarter ended 30.09.2026.6 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Submission of Scrutinizer''s report and voting result of 28th AGM of the company held on September 29, 2026.30 Sep 2026 · AGM/EGM / AGM
Intimation of closure of trading window for approval of financial results for the quarter and half-year ending on september 30, 2026.30 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Proceeding of AGM held on Tuesday, 29th September, 2026 through Video Conference ("VC")29 Sep 2026 · AGM/EGM / AGM
Newspaper publication for Corrigendum to the Notice of 28th Annual General Meeting.24 Sep 2026 · Company Update / Newspaper Publication
Please find attached herewith Corrigendum to the Notice of AGM to be held on 29-09-2026.23 Sep 2026 · AGM/EGM / AGM
Acquisition of shares of Makilala Mining Company INC. by Equinaire Holdings Limited - a wholly-owned Subsidiary of the Company, through public auction.9 Sep 2026 · Company Update / Acquisition
Enclosed Herewith a copy of Newspaper Advertisement with respect to the notice of 28th Annual General Meeting.5 Sep 2026 · Company Update / Newspaper Publication
Intimation of Book Closure for the purpose of Annual General Meeting.3 Sep 2026 · Corp. Action / Book Closure
Please find attached herewith Business Responsibility and Sustainability Report for the year ended March 31, 2026.3 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
In Compliance with Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Annual Report for the FY 2025-26 along with the ....3 Sep 2026 · Others / Reg. 34 (1) Annual Report
Please find attached herewith Notice of 28th Annual General Meeting of the Company to be held on September 29, 2026.3 Sep 2026 · AGM/EGM / AGM
Intimation of Newspaper publication.2 Sep 2026 · Company Update / Newspaper Publication
Enclosed herewith Intimation with respect to Preferential Issue.31 Aug 2026 · Company Update / Preferential Issue
Outcome of Board Meeting and disclosure in compliance of regulation 30 of SEBI(LODR)Regulations, 2015.31 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Closure of Trading Window for the purpose of upcoming Board Meeting to be held on 31-08-2026.26 Aug 2026 · Insider Trading / SAST / Closure of Trading Window
Kiri Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/08/2026 ,inter alia, to consider and approve Proposal For Raising Of Funds ....26 Aug 2026 · Board Meeting / Board Meeting
Enclosed herewith Clarification on Increase in volume.20 Aug 2026 · Company Update / General
The Exchange has sought clarification from Kiri Industries Ltd on August 20, 2026, with reference to Movement in Volume. <BR><BR>The reply is awaited.20 Aug 2026 · Company Update / Clarification
Intimation of Incorporation of a Wholly Owned Subsidiary Company19 Aug 2026 · Company Update / Acquisition
Please find enclosed herewith Transcript of Q1-FY-27/FY27 Earning conference call held on Thursday, August 13, 2026.18 Aug 2026 · Company Update / Earnings Call Transcript
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find below the link of audio recording of Earnings Conference Call with ....13 Aug 2026 · Company Update / Analyst / Investor Meet
Investor Presentation for Q1FY27.12 Aug 2026 · Company Update / Investor Presentation
Enclosed Herewith Monitoring Agency Report for the Quarter ended 30.06.2026.12 Aug 2026 · Company Update / Monitoring Agency Report
Enclosed Herewith Announcement with respect to the appointment of Cost Auditor.12 Aug 2026 · Company Update / Change in Management
Unaudited Financial Results for the Quarter ended 30.06.2026.12 Aug 2026 · Result / Financial Results
Outcome of Board Meeting held on 12.08.2026.12 Aug 2026 · Board Meeting / Outcome of Board Meeting
Newspaper Advertisement - Notice to shareholders for transfer of unclaimed dividend and/or Equity Shares to IEPF.5 Aug 2026 · Company Update / Newspaper Publication
Intimation of Q1-FY27 Earnings Conference Call.4 Aug 2026 · Company Update / Analyst / Investor Meet
Kiri Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Unaudited Standalone and Consolidated ....4 Aug 2026 · Board Meeting / Board Meeting
Certificate under Reg 74(5) of SEBI (DP) Reg,2018 for the quarter ended june 30, 2026.9 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Closure of Trading Window for the declaration of results for the quarter ended 30-06-2026.29 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Please find enclosed herewith Transcript of Q4-FY26/FY26 Earnings Conference Call held on Monday, June 01, 2026.3 Jun 2026 · Company Update / Earnings Call Transcript
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find below the link of audio recording of Earnings Conference Call with ....1 Jun 2026 · Company Update / Analyst / Investor Meet

Board meetings

5 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results