Kiri Industries Ltd

Kiri Industries is engaged in manufacturing and selling of Dyes, Dyes Intermediates and Basic Chemicals.

  • Market Cap: 1,296 Cr.
  • Current Price: 385.70
  • 52 weeks High / Low 654.00 / 350.00
  • Book Value: 211.20
  • Stock P/E: 15.64
  • Dividend Yield: 0.52 %
  • ROCE: 18.83 %
  • ROE: 22.53 %
  • Sales Growth (3Yrs): 6.10 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 10.00
Pros:
Company has good consistent profit growth of 34.91% over 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 28.62%
Cons:
Promoter holding has decreased by -3.02% over last quarter
Tax rate seems low
** Remarks:
Some businesses are provided tax benefits to encourage their development

Peer Comparison Sector: Chemicals // Industry: Dyes And Pigments

Loading peers table ...

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019
226 242 222 227 180 256 240 283 234 305 278 252
199 208 184 189 156 224 198 234 202 271 240 227
Operating Profit 27 33 38 37 24 31 42 49 31 34 38 25
OPM % 12% 14% 17% 16% 13% 12% 17% 17% 13% 11% 14% 10%
Other Income 0 1 0 1 1 1 0 1 0 2 0 1
Interest 2 1 0 0 0 1 1 1 1 1 1 1
Depreciation 5 7 6 6 6 7 6 7 8 8 8 9
Profit before tax 20 27 32 33 19 23 36 41 23 27 29 15
Tax % 4% 12% 5% 8% 7% -5% 1% 1% 3% 17% 9% 17%
Net Profit 19 24 30 30 18 25 35 41 22 22 26 13
EPS in Rs 6.96 8.50 10.90 10.80 6.11 8.60 11.19 13.05 7.05 6.94 8.27 3.96
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
222 278 341 572 535 525 583 780 889 965 884 1,062 1,069
192 223 281 463 450 491 522 712 802 837 754 905 940
Operating Profit 30 55 60 110 85 33 61 69 87 128 130 156 129
OPM % 14% 20% 18% 19% 16% 6% 11% 9% 10% 13% 15% 15% 12%
Other Income 5 -23 7 -9 -19 -110 -28 2 8 2 3 3 3
Interest 9 17 21 44 52 75 77 84 67 8 2 4 4
Depreciation 2 3 12 19 30 32 34 20 20 22 25 28 33
Profit before tax 23 12 35 38 -17 -184 -78 -34 7 99 107 126 94
Tax % 14% 28% 28% 14% -36% 1% 0% -9% -22% 5% 4% 5%
Net Profit 20 8 25 33 -24 -183 -77 -37 9 94 103 120 83
EPS in Rs 5.33 16.35 17.15 0.00 0.00 0.00 0.00 3.41 33.84 33.90 38.30 26.22
Dividend Payout % 8% 27% 9% 9% -0% -0% -0% -0% 0% 0% 0% 5%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:14.32%
5 Years:12.73%
3 Years:6.10%
TTM:11.44%
Compounded Profit Growth
10 Years:13.91%
5 Years:34.91%
3 Years:197.24%
TTM:-29.85%
Stock Price CAGR
10 Years:-6.20%
5 Years:42.71%
3 Years:5.58%
1 Year:-13.01%
Return on Equity
10 Years:8.64%
5 Years:20.93%
3 Years:28.62%
Last Year:22.53%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Sep 2019
11 15 15 19 19 19 19 27 31 28 37 38 34
Reserves 53 108 130 384 360 174 95 88 130 239 416 575 628
Borrowings 87 160 330 410 542 718 769 771 411 175 166 158 149
45 70 141 137 175 156 163 287 212 335 248 301 296
Total Liabilities 196 353 616 950 1,096 1,067 1,045 1,169 780 777 860 1,064 1,107
52 85 178 270 295 265 263 307 277 305 349 429 468
CWIP 3 54 0 17 95 109 109 89 3 36 32 38 47
Investments 4 17 118 143 166 167 170 172 174 168 168 140 140
137 197 320 520 539 527 503 602 326 267 311 457 452
Total Assets 196 353 616 950 1,096 1,067 1,045 1,169 780 777 860 1,064 1,107

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
-5 17 7 -55 108 68 157 -90 204 202 55 107
-26 -102 -150 -151 -154 -14 -35 -44 -40 -86 -63 -90
39 83 147 210 39 -54 -119 128 -163 -114 10 -13
Net Cash Flow 8 -2 4 4 -7 -0 3 -6 1 2 2 4

Ratios Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 26% 26% 14% 15% 7% 0% 3% 6% 10% 21% 20% 19%
Debtor Days 81 70 71 135 182 205 200 206 89 53 75 72
Inventory Turnover 5.67 4.30 3.02 3.78 3.38 3.41 4.86 10.77 17.04 21.26 18.21 12.87