| Revenue growth | Consolidated revenue +40% YoY to ₹299 Cr; standalone +48% to ₹288 Cr. |
|---|---|
| Margins | Standalone margin 2.4% vs prior loss; dye margins 3–4% now, targeted 8–10%. |
| Order book | Dye running order book ~2–3 months; ~80% copper feed secured. |
| Demand visibility | Dye demand stable in H2 FY27 from textiles; copper demand favourable long-term. |
| Management confidence | Balanced; optimistic on H-acid pricing, guarded on China supply durability. |
Growth
Consolidated revenue +40% YoY to ₹299 Cr; EBITDA ₹2 Cr. Standalone EBITDA ₹7 Cr (2.4% margin) vs prior-year loss.
Outlook
Dye revenue peak ₹1,200–1,500 Cr consolidated; 8–10% EBITDA margin targeted, no period given.
Risks
₹57 Cr treasury fair-value loss; Chinese H-acid supply disruption may fade; price gains lag, driven by order book.
Last quarter's promises, checked
Missed
- Guided FY28 revenue ₹20,000–25,000 Cr → withdrawn on call, 'doesn't hold' (= MISS)
Earnings Call Transcript filed with NSE, NSE: KIRIINDUS. Summary written with AI assistance from the document.
Kiri Industries Ltd: key numbers
- Share price
- ₹500.20
- Market cap
- ₹3,260 Cr
- Revenue (annual)
- ₹839.6 Cr
- Net profit (annual)
- ₹5,566 Cr
- P/E (TTM)
- 0.6×Sector 28.2×
- Promoter holding
- 41.71%+0.00% QoQ
- FII holding
- 16.59%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Kiri Industries Ltd
All →Kiri Industries Convertible Warrants
Kiri Industries allotted 6,082,600 equity shares on conversion of preferential warrants at ₹475 each, aggregating about ₹288.92 Crore. Paid-up capital rose to ₹71.25 Crore post-allotment.
- Value
- ₹288.9 Cr
Kiri Industries Convertible Warrants
Kiri Industries allotted 60,82,600 warrants to promoters and promoter group at Rs 475 each. The company received Rs 75.12 Crore upfront, equal to 26% of the issue price.
- Value
- ₹75.12 Cr
Kiri Industries Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue INR 2,985 Mn (+39.9% YoY) with EBITDA loss INR (49) Mn; H1 revenue INR 6,109 Mn (+47%). Post-DyStar, pivoting to copper smelting and fertilizers (~INR 13,300 Cr capex).
Kiri Industries Other Announcement
Kiri Industries filed the Crisil monitoring agency report for the quarter ended September 30, 2026. The report covers utilisation of preferential warrant issue proceeds with no deviations.
Kiri Industries Q2 FY27 Results: Net Loss of ₹22.5 Cr
Kiri Industries Ltd reported revenue from operations of ₹298.5 Cr (+39.9% YoY) and a net loss of ₹22.5 Cr for Q2 FY27.
- Key figure
- Net loss ₹22.5 Cr
Kiri Industries Convertible Warrants
Kiri Industries received in-principle exchange approval for 60,82,600 warrants convertible into equity shares at ₹475 each to promoters. The issue values approximately ₹288.92 Crore.
- Value
- ₹288.9 Cr