Kiri Industries Ltd

Kiri Industries Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Kiri Industries Ltd

₹ 378 4.13%
23 Apr 4:02 p.m.
kiriindustries.com BSE: 532967 NSE : KIRIINDUS
About

Kiri Industries Limited (KIL) is engaged in the business of manufacturing and exporting a wide range of Dyes, Dye Intermediates, and Basic Chemicals from India. [1]

Key Points

Products
Dyes: The Co’s dyestuff products include Reactive Dyes, Disperse Dyes, Acid Dyes, and Direct Dyes used majorly in the textile, paper, and leather industries.
Dye Intermediates: The division started its operations with the production of Vinyl Sulphone Ester and then expanded its product basket with the production of H-Acid, acetanilide, and other specialty intermediates.
Basic Chemicals: The Co. produces different variants of Basic Chemicals which are used as inputs in the production of Dye Intermediates and Dyestuffs, such as Sulphuric Acid, Chlorosulphonic Acid, Oleum, and Thionyl Chloride. [1]

Website BSE NSE
  • Market Cap ₹ 1,960 Cr.
  • Current Price ₹ 378
  • High / Low ₹ 454 / 261
  • Stock P/E 24.2
  • Book Value ₹ 520
  • Dividend Yield 0.00 %
  • ROCE 4.77 %
  • ROE 4.06 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.
  • Stock is trading at 0.72 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -3.29% over past five years.
  • Promoter holding is low: 26.7%
  • Tax rate seems low
  • Company has a low return on equity of 10.6% over last 3 years.
  • Dividend payout has been low at 0.22% of profits over last 3 years
  • Promoter holding has decreased over last 3 years: -14.9%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Chemicals Industry: Dyes And Pigments

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
310 363 293 358 429 417 277 242 204 222 227 231 219
271 314 273 330 381 392 285 249 221 227 226 240 231
Operating Profit 39 49 20 28 49 25 -9 -7 -17 -5 2 -10 -13
OPM % 13% 14% 7% 8% 11% 6% -3% -3% -8% -2% 1% -4% -6%
1 0 0 0 0 1 0 0 0 3 1 2 3
Interest 1 1 1 1 1 1 1 1 2 2 4 5 6
Depreciation 12 14 13 13 13 12 12 12 12 12 12 12 12
Profit before tax 26 35 7 14 35 12 -22 -20 -31 -16 -13 -26 -28
Tax % 22% -12% 1% 14% 30% 23% -21% -28% -10% -15% -18% -5% -6%
149 116 91 101 106 91 54 61 54 -61 -3 19 126
EPS in Rs 44.26 34.57 24.60 25.29 26.51 17.56 10.32 11.70 10.42 -11.86 -0.49 3.63 24.38
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
556 554 691 931 1,030 1,125 1,117 1,394 1,305 957 1,497 945 899
475 531 619 831 917 966 936 1,163 1,119 874 1,376 983 925
Operating Profit 81 23 73 100 113 159 181 231 186 83 121 -37 -26
OPM % 15% 4% 11% 11% 11% 14% 16% 17% 14% 9% 8% -4% -3%
-19 -110 -28 2 17 159 233 9 265 233 338 215 9
Interest 54 78 80 86 74 9 3 5 5 4 5 6 17
Depreciation 32 35 37 28 27 29 34 38 44 46 50 49 49
Profit before tax -24 -199 -72 -13 30 279 376 198 402 265 404 122 -82
Tax % -33% -0% -1% -22% 13% 5% 5% 17% 7% 5% 4% 13%
-32 -200 10 182 196 266 358 164 376 252 389 107 81
EPS in Rs -16.84 -105.02 5.22 79.88 73.71 95.40 118.38 52.36 111.69 75.10 75.00 20.58 15.66
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 4% 0% 1% 0% 0%
Compounded Sales Growth
10 Years: 5%
5 Years: -3%
3 Years: -10%
TTM: -21%
Compounded Profit Growth
10 Years: 12%
5 Years: -22%
3 Years: -34%
TTM: -69%
Stock Price CAGR
10 Years: 9%
5 Years: -9%
3 Years: -4%
1 Year: 25%
Return on Equity
10 Years: 17%
5 Years: 13%
3 Years: 11%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 19 19 19 23 27 28 30 31 34 34 52 52 52
Reserves 355 168 161 420 596 1,005 1,345 1,534 1,897 2,147 2,521 2,627 2,644
Preference Capital 0 0 0 4 4 0 36 9 10 10 0 0
553 735 782 787 425 184 168 158 143 142 96 45 117
199 192 251 326 292 257 281 336 330 377 406 477 431
Total Liabilities 1,126 1,114 1,212 1,556 1,339 1,473 1,824 2,058 2,404 2,700 3,074 3,201 3,244
349 325 324 368 333 376 412 484 512 563 546 510 490
CWIP 95 109 111 89 6 36 32 38 79 58 63 72 72
Investments 114 114 196 394 568 717 948 954 1,214 1,445 1,781 1,992 2,050
568 567 581 705 433 344 433 582 599 634 685 627 632
Total Assets 1,126 1,114 1,212 1,556 1,339 1,473 1,824 2,058 2,404 2,700 3,074 3,201 3,244

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
114 32 169 -83 226 206 64 141 124 72 92 89
-158 -22 -120 -247 -212 -105 -66 -119 -104 -70 -29 -18
37 -8 -45 325 1 -119 2 -16 -27 -7 -57 -57
Net Cash Flow -8 1 4 -6 16 -19 0 6 -7 -5 6 14

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 177 189 175 184 90 48 70 66 90 126 70 80
Inventory Days 167 148 100 56 42 39 63 69 65 104 90 105
Days Payable 106 89 80 85 96 87 89 81 100 158 119 213
Cash Conversion Cycle 237 248 195 155 36 -0 44 55 55 72 41 -28
Working Capital Days 186 190 108 151 7 26 55 39 40 69 40 -13
ROCE % 5% -1% 4% 7% 9% 25% 27% 12% 21% 12% 16% 5%

Shareholding Pattern

Numbers in percentages

12 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
38.01% 34.98% 34.98% 26.72% 26.72% 26.72% 26.72% 26.72% 26.72% 26.72% 26.72% 26.72%
30.35% 35.11% 34.48% 49.13% 48.40% 48.43% 48.34% 46.53% 46.81% 46.35% 45.73% 42.07%
0.67% 0.62% 0.62% 0.48% 0.47% 0.48% 0.48% 0.48% 0.48% 0.54% 0.56% 0.48%
30.90% 29.23% 29.92% 23.67% 24.41% 24.36% 24.46% 26.29% 26.01% 26.40% 27.00% 30.74%
0.07% 0.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
No. of Shareholders 28,00033,37135,08431,61830,68529,35727,93829,91830,15432,60030,28530,810

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls