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Earnings Call

Kiri Industries Earnings Call: Key Takeaways

Kiri Industries reports strong revenue growth driven by Dyes and Intermediates recovery, though net profit is distorted by non-cash year-end adjustments and the monetization of the Dystar investment.

Why this was an Alfa AlertNot a filter event; results met guidance but did not exceed the 10% material beat threshold.
Highlights
Revenue growthStandalone revenue grew 29% YoY in Q4 and 19% in FY26.
MarginsTargeting 10-12% EBITDA margins; pressured by raw material costs.
Demand visibilityConstructive outlook for Intermediates due to tightened supply from China.
Management confidenceExtremely optimistic regarding the massive Copper-Fertilizer project and Dystar resolution.

Growth

Standalone revenue rose 29% YoY to ₹241cr in Q4; FY26 revenue up 19% to ₹778cr behind improved business volumes.

Outlook

Management guides ₹1,000cr+ revenue for FY27; Copper-Fertilizer project to start operations in April 2027 with ₹20,000cr+ revenue potential.

Risks

High debt levels for the new copper-fertilizer project and delayed receivables from the textile sector pose liquidity risks.

Source

Earnings Call filed with BSE, NSE: KIRIINDUS. Summary written with AI assistance from the document.

Read the document ↗

Kiri Industries Ltd: key numbers

Share price
₹557.50
Market cap
₹3,633 Cr
Revenue (annual)
₹839.6 Cr
Net profit (annual)
₹5,566 Cr
P/E (TTM)
0.6×Sector 37.5×
Promoter holding
41.71%+4.99% QoQ
FII holding
16.75%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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