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Kiri Industries (KIRIINDUS) had a P/E of 0.5× on 6 Nov 2026, below the industry P/E of 22.1×, and the shares are 36% below their 52-week high. It earns ROCE of 92%, and sales fell 3.6% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. The company has almost no debt. It is a small-cap company with a market cap of ₹3,260 Cr, ranked 45th of 204 Specialty Chemicals companies by market cap; the shares fell 9.3% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹493.65
Day high
₹509.00
Day low
₹480.30
Prev. close
₹489.20
Volume
7.3 L

Health check

2 good · 1 fair · 2 to check
  • ReturnsBehind

    −9.3% over a year, better than 0 of 7 peers.

  • Price tagDistorted

    A one-off gain inflates profit, so P/E isn’t comparable right now.

  • GrowthSteady

    Sales −3.6%, profit +273.6% a year over 3 years.

  • ProfitabilityStrong

    ROCE 91.9% vs peer median 24.4%.

  • Balance sheetSolid

    Practically debt-free.

  • Red flags3 to check

    Net profit is above operating profit, so a one-off gain is likely flattering earnings.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Chemicals

203 listed peers. Screen the industry

Small cap

₹3,260 Cr, #45 of 204 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹950 Cr · profit ₹5,847 Cr
Market cap
₹3,260 Cr
Small cap
P/E
0.5
Industry 22.1
Price to book
0.47
Peers 13.33
Dividend yield
0.00%
ROE
115.0%
Peers 23.0%
ROCE
91.9%
Peers 24.4%
Debt to equity
0.01
Debt ₹42 Cr
EPS (TTM)
₹928.39
Face value ₹10
OPM (TTM)
−19.9%
Net margin 615.5%
Sales growth
+54.5%
Latest quarter vs a year ago
Profit growth
+2763.6%
Latest quarter vs a year ago
Price to sales
3.43
EV/EBITDA 4.4

Strengths and risks

Strengths

  • Return on equity of 115.0%.
  • Return on capital employed of 91.9%.
  • Practically debt-free.
  • Quarterly profit up 2763.6% on a year ago.
  • Quarterly sales up 54.5% on a year ago.

Risks to check

  • Net profit is above operating profit, so a one-off gain is likely flattering earnings.
  • 36% below its 52-week high.
  • Interest coverage of only −0.2×.

Derived automatically from reported figures. Not a recommendation.

About Kiri Industries

Kiri Industries Limited manufactures and sells dyes, dye intermediates, and basic chemicals in India and internationally. It provides reactive dyes, acid dyes, direct dyes, and disperse dyes; and basic chemicals comprising sulphuric acid, chloro sulhponic acid, oleum, spent sulphuric acid, and thionyl chloride. The company also offers dye intermediates, such as sulpho J.acid, sulpho tobias acid, sulpho gama acid, and para nitro toluene ortho sulfonic…

Headquarters
Ahmedabad
Employees
787
Sector
Basic Materials
ISIN
INE415I01015

Price range

52 weeks

₹333.80₹779.00

Today

₹480.30₹509.00
Avg volume (3M)
10.8 L
1-year return
minus 9.3%
From 52-week high
minus 35.8%

Peers · Specialty Chemicals

Capital-heavy industry columns

Company
ASIANPAINTAsian Paints2,546.00plus 0.88%2,44,02550.535.024.4%18.9%0.211.1%plus 1.5%
SOLARINDSSolar Industries India18,608.00plus 0.48%1,68,38474.464.129.5%27.8%0.2212.4%plus 35.9%
PIDILITINDPidilite Industries1,579.00plus 1.63%1,60,82760.044.428.5%23.5%0.037.4%plus 6.8%
LINDEINDIALinde India6,859.00plus 8.73%58,496118.464.216.3%31.5%0.23–plus 5.4%
BERGEPAINTBerger Paints India478.35minus 5.28%55,77645.429.420.6%15.3%0.154.2%minus 6.0%
FLUOROCHEMGujarat Fluorochemicals4,665.50minus 0.94%51,25175.944.09.6%24.1%0.26−4.5%plus 28.0%
ACUTAASAcutaas Chemicals3,786.60plus 0.42%31,00170.964.127.7%39.4%0.0129.4%plus 105.6%
KIRIINDUSKiri Industries500.20plus 2.25%3,2600.5––1.3%0.01−3.6%minus 9.3%
Median of 7 peers–0.48%58,49670.944.424.4%24.1%0.215.8%6.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
202213174250312
218227222393296
−16.2−13.7−48.6−14215.9
−8.0%−6.4%−28.0%−56.8%5.1%
34.80.610238.7286
59.560.5678.21.4
11.611.711.911.811.9
––5,85426.9–
−52.6−85.25,829−96.7289
2.2%6.8%14.0%615.3%6.4%
10.119.65,022515290
1.753.27799.4780.6444.89

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−3.6%
Profit CAGR 3Y
+273.6%
EPS CAGR 3Y
+251.8%
ROE
115.0%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
916694729822
–minus 24.2%+5.0%+12.7%
948752780859
−31.7−57.8−50.5−37
−3.5%−8.3%−6.9%−4.5%
209291469255
5.721.6126191
48.945.644.546.9
–−014.85,801
1221662625,782
12.8%0.1%−0.9%3.7%
1071662655,567
–+55.9%+59.3%+2002.7%
20.6731.9542.81900.91

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
51.851.855.660
2,6272,7323,1916,376
531261,12441.8
472456355561
3,2053,3654,7257,039
6385599701,607
130122164540
004.282.7
98.23.63813,608
2,3392,6803,2061,201
3,2053,3654,7257,039

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
88.7−76.8−3424,555
−17.928.8−842−3,050
−56.549.81,194−966
14.21.79.5539
−22.2−7.8−407−287
66.4−84.7−7494,268

Shareholding pattern

Source: NSE filings
41.7%
promoters
  • Promoters41.71%
  • Public58.29%
  • As of 7 Nov 2026
QuarterSplitPromotersPublicPromoter change
7 Nov 202641.71%58.29%0.00
30 Sep 202641.71%58.29%0.00
30 Jun 202641.71%58.29%0.00
11 Apr 202641.71%58.29%plus 4.99
31 Mar 202636.72%63.28%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you