Kiri Industries Limited

BSE: 532967 NSE: KIRIINDUS
Kiri Industries Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L24231GJ1998PLC034094 Incorporated 14 May 1998 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: KIRIINDUS · BSE: 532967 Public Limited Company chemicals and materials
Data last updated
Market Cap
₹3,399 Cr
KIRIINDUS · NSE
Share Price
₹539.10
+3.36% today
Revenue
₹840 Cr
FY 2025-26 · +13.5% YoY
EBITDA
−₹221 Cr
Margin -26.3%
Net Profit
−₹99.81 Cr
FY 2025-26 · -138.7% YoY
P/E (TTM)
4.0x
P/B 0.5x
Authorised capital
₹200 Cr
Registered with MCA
Paid-up capital
₹65.17 Cr
Issued & subscribed

About Kiri Industries Limited

Data last updated:

Kiri Industries Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 14 May 1998 and has been in existence for over 28 years.

Its director Manishkumar P Kiri and Family is #1,277 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L24231GJ1998PLC034094. Its GSTIN is 24AAACK9025C1ZZ (Gujarat). The company holds 3 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 532967 and NSE: KIRIINDUS.

The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹65.17 Cr. It was formerly known as Kiri Dyes and Chemicals Limited and Kiri Dyes and Chemicals Private Limited. It is led by directors including Manishkumar Pravinchandra Kiri (Managing Director) and Yagnesh Mankad (Whole-Time Director).

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 7th Floor Hasubhai Chambers Townhall Ellisbridge, Ahmedabad, Gujarat, India – 380006.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹839.65 Cr, a growth of 13.5% compared to the previous year. For the same year it recorded a net loss of ₹99.81 Cr (net margin -11.9%) and EBITDA of -₹220.88 Cr (EBITDA margin -26.3%). The net worth stands at ₹6,436.34 Cr (up 98.2% YoY). Total assets are valued at ₹6,494.94 Cr (up 44.6% YoY).

The company has about 884 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Kiri Industries. As per MCA filings, the company has open charges of ₹109.31 Cr and satisfied charges of ₹5,098.24 Cr on record. Court records list 234 cases involving the company, including 75 filed by the company and 159 filed against it; 53 cases are pending. The company has 105 deals on record (102 market trades, 1 qip, 1 acquisition); the latest was in January 2026. Its 8 peer companies in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 4 smaller; the largest is Siegwerk India Private Limited with revenue of ₹1,185.54 Cr. The company has 20 MSME Form 1 returns on record between 2019 and 2024, listing 5,490 overdue payments to 112 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kiriindustries.com.

Company details

CIN L24231GJ1998PLC034094
Registration Number 034094
Incorporation Date 14 May 1998
ROC Ahmedabad
Listing Status Listed - Listed on NSE (KIRIINDUS); Listed on BSE (532967)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Kiri Industries has undergone 3 name changes throughout its history. The company was previously known as Kiri Dyes And Chemicals Limited, Kiri Dyes And Chemicals Private Limited, and Equinaire Chemtech Limited. The current legal name is Kiri Industries Limited.

Company NameStatus
Kiri Industries LimitedCurrent
Kiri Dyes And Chemicals LimitedPrevious
Kiri Dyes And Chemicals Private LimitedPrevious
Equinaire Chemtech LimitedPrevious

CIN history

Kiri Industries has one previous CIN (Corporate Identification Number): U24231GJ1998PLC034094. The current CIN is L24231GJ1998PLC034094, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24231GJ1998PLC034094Current
U24231GJ1998PLC034094Previous
Key People
Manishkumar Pravinchandra Kiri Managing Director Yagnesh Mankad Whole-Time Director Girish Hirabhai Tandel Whole-Time Director

Recognitions & Rankings of Kiri Industries

Contact details

Kiri Industries Limited's registered office is in Ahmedabad, Gujarat. Its website is kiriindustries.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    kiriindustries.com
  • Social Media
  • Registered Address
    7th Floor Hasubhai Chambers Townhall Ellisbridge, Ahmedabad, Gujarat, India – 380006
  • Industry
    Chemicals and Materials, Dyes & Pigments, Colorants

To see the full contact details of Kiri Industries Limited, buy the company report.

Comprehensive company report
Kiri Industries Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included

Brands

Kiri Industries operates one associated brand: Kiri Industries. Each brand links to its own profile.

BrandDescriptionWebsite
Kiri Industries
Dyes, intermediates, and chemicals for textiles and paints are manufactured.kiriindustries.com

Business activity

The main business activity of Kiri Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Kiri Industries Limited, buy the company report.

Financials of Kiri Industries Limited

FY 2025-26 filings available

Kiri Industries Limited reported revenue of ₹839.65 Cr (up 13.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹840 Cr
+13.5% YoY
EBITDA
−₹221 Cr
-309.6% YoY
Profit After Tax
−₹99.81 Cr
-138.7% YoY
Net Worth
₹6,436 Cr
+98.2% YoY
Total Assets
₹6,495 Cr
+44.6% YoY
Total Debt
₹41.84 Cr
-96.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue8407409499451,4979571,305
Revenue growth+13.5%-22.0%+0.4%-36.9%+56.4%-26.7%-
EBITDA(221)(53.92)(12.16)(37.48)12182.59186
EBITDA margin-26.3%-7.3%-1.3%-4.0%+8.1%+8.6%+14.3%
Profit before tax5,594262146122404265402
Net profit(99.81)258133107389252375
Net profit margin-11.9%+34.9%+14.0%+11.3%+26.0%+26.4%+28.8%
EPS (₹)900.9147.5925.6620.5875.0075.10111.69
Balance sheet
Total assets6,4954,4912,9412,7372,6772,3502,099
Net worth6,4363,2472,8122,6792,5732,1911,940
Total debt41.841,12412248.7095.86142143
Cash & bank1,05514.1993.9798.5318.6210.4715.25
Net working capital1,14010689.0969.20182192212
Cash flow
Cash from operations4,555(342)(60.58)88.6692.2072.21124
Cash from investing(3,050)(842)0.11(17.95)(28.97)(70.16)(104)
Cash from financing(966)1,19449.68(56.47)(57.42)(7.00)(26.65)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue312250174213202205179173
Revenue growth (YoY)+54.5%+22.2%-2.8%+23.4%+10.2%---
Other income28665.605,9560.6434.776.1791.932.63
EBITDA15.89(142)(48.62)(13.68)(16.21)(5.08)(44.41)(4.60)
EBITDA margin+5.1%-56.8%-28.0%-6.4%-8.0%-2.5%-24.9%-2.7%
Depreciation11.9211.8211.8911.6511.5911.2411.2511.08
Interest1.378.1567.0360.5259.5453.9349.9017.81
Profit before tax289(96.74)5,829(85.21)(52.57)(64.08)(13.63)(30.86)
Tax18.51(595)817(5.75)(1.17)(0.27)0.09(1.05)
Net profit2704985,012(79.46)(51.40)(63.81)(13.72)(29.81)
EPS (₹)44.8980.64799.47(4.54)1.75(14.14)26.4515.49
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue7786566336011,137689969
Revenue growth+18.7%+3.5%+5.3%-47.1%+65.0%-28.9%-
EBITDA(211)(43.71)(63.30)(109)31.43(0.89)96.16
EBITDA margin-27.1%-6.7%-10.0%-18.1%+2.8%-0.1%+9.9%
Profit before tax5,7970.54(93.43)(136)(14.94)(41.76)59.16
Net profit(84.29)4.34(93.55)(134)(9.30)(36.58)50.20
Net profit margin-10.8%+0.7%-14.8%-22.3%-0.8%-5.3%+5.2%
EPS (₹)914.000.80(18.05)(25.89)(1.80)(10.87)14.93
Balance sheet
Total assets6,403877526549728799837
Net worth6,380720397491625641680
Total debt15.0414812248.7095.86142143
Cash & bank8475.342.472.205.955.746.83
Net working capital95062.96(213)(224)(83.82)(10.59)72.70
Cash flow
Cash from operations5,104(339)(76.99)49.8481.0173.84125
Cash from investing(4,705)12.2327.442.72(23.61)(68.51)(102)
Cash from financing(57.66)32950.00(56.26)(57.26)(6.84)(26.34)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue295241162195181186156145
Revenue growth (YoY)+63.4%+29.4%+3.4%+34.2%+7.6%---
Other income28459.465,9594.3133.954.9083.342.87
Total expenses278374209209197178202151
EBITDA17.31(133)(47.42)(14.23)(16.61)8.43(45.94)(5.68)
EBITDA margin+5.9%-55.1%-29.3%-7.3%-9.2%+4.5%-29.4%-3.9%
Depreciation11.4411.2211.7511.6011.4811.2011.2311.08
Interest1.260.900.790.650.710.832.038.24
Profit before tax289(85.50)5,899(22.17)5.151.3024.14(22.13)
Tax18.50(599)818(1.05)(2.04)(0.48)(1.31)(1.05)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue312250174213202205179173
Revenue growth (YoY)+54.5%+22.2%-2.8%+23.4%+10.2%---
Other income28665.605,9560.6434.776.1791.932.63
EBITDA15.89(142)(48.62)(13.68)(16.21)(5.08)(44.41)(4.60)
EBITDA margin+5.1%-56.8%-28.0%-6.4%-8.0%-2.5%-24.9%-2.7%
Depreciation11.9211.8211.8911.6511.5911.2411.2511.08
Interest1.378.1567.0360.5259.5453.9349.9017.81
Profit before tax289(96.74)5,829(85.21)(52.57)(64.08)(13.63)(30.86)
Tax18.51(595)817(5.75)(1.17)(0.27)0.09(1.05)
Net profit2704985,012(79.46)(51.40)(63.81)(13.72)(29.81)
EPS (₹)44.8980.64799.47(4.54)1.75(14.14)26.4515.49
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue8407409499451,4979571,305
Revenue growth+13.5%-22.0%+0.4%-36.9%+56.4%-26.7%-
Other income6,057488230215338233265
Total expenses1,0617949619831,3768741,119
Employee cost0.0046.2148.2250.9860.1848.8048.84
EBITDA(221)(53.92)(12.16)(37.48)12182.59186
EBITDA margin-26.3%-7.3%-1.3%-4.0%+8.1%+8.6%+14.3%
Depreciation46.9444.5348.6448.8850.1746.1344.40
Interest19512722.826.314.784.014.84
Profit before tax5,594262146122404265402
Tax215(2.26)12.9615.6315.4112.9226.42
Net profit(99.81)258133107389252375
Net profit margin-11.9%+34.9%+14.0%+11.3%+26.0%+26.4%+28.8%
EPS (₹)900.9147.5925.6620.5875.0075.10111.69
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital60.0255.6351.8351.8351.8343.8443.22
Reserves & surplus6,2803,0122,7602,6272,5212,1251,875
Shareholders' funds (net worth)6,4363,2472,8122,6792,5732,1911,940
Minority interest8.850.000.00(0.02)0.000.000.00
Secured loans14.121,08192.7422.1569.31121122
Unsecured loans27.7242.5528.8326.5526.5520.5521.25
Total debt41.841,12412248.7095.86142143
Total liabilities6,4954,4912,9412,7372,6772,3502,099
Assets
Gross block1,4501,142808799787754657
Net block1,067806470510546563512
Capital work in progress41.6462.7372.5472.5062.9258.4178.53
Investments3,3413,1522,2131,9921,7811,4451,214
Inventories169153202195245169143
Sundry debtors104109228209289329320
Cash & bank balances1,05514.1993.9798.5318.6210.4715.25
Loans & advances31364.5234.0433.8126.9233.2933.54
Total current assets1,642341559536579542512
Total current liabilities502234470467397350300
Net working capital1,14010689.0969.20182192212
Total assets6,4954,4912,9412,7372,6772,3502,099
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash12.553.0527.4813.247.4312.3919.00
Net cash from operating activities4,555(342)(60.58)88.6692.2072.21124
Net cash from investing activities(3,050)(842)0.11(17.95)(28.97)(70.16)(104)
Net cash from financing activities(966)1,19449.68(56.47)(57.42)(7.00)(26.65)
Net change in cash5399.49(10.79)14.245.80(4.95)(6.61)
Closing cash1,05514.1993.9798.5318.6210.4715.25
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+13.5%-22.0%+0.4%-36.9%+56.4%-26.7%-
EBITDA growth-309.6%-343.4%+67.6%-130.9%+46.9%-55.6%-
PBT growth+2031.2%+79.8%+19.4%-69.8%+52.3%-34.0%+103.4%
Net income growth-138.7%+94.1%+24.7%-72.6%+54.0%-32.8%-
Revenue CAGR (3Y)-3.9%-20.9%-0.3%-10.2%+2.4%-5.0%+5.1%
EBITDA CAGR (3Y)+80.6%----19.3%-23.0%+5.4%
Profitability & leverage
Net income margin+640.7%+35.8%+14.0%+11.3%+26.0%+26.4%+28.8%
Return on capital employed-+10.5%+6.0%+4.8%+16.3%+12.1%+21.1%
Return on net worth-+8.8%+4.9%+4.1%+16.4%+12.3%+21.5%
Debt / equity-0.210.030.030.050.070.09
Long-term debt / equity-0.180.010.000.010.030.05
Interest cover-72.90-129.10-37.53-7.316.7211.003.42
Efficiency & per share
Fixed asset turnover-0.791.181.191.941.362.10
Inventory turnover-5.344.784.307.236.148.39
Debtors turnover-7.574.343.794.842.954.55
EPS (₹)900.9147.5925.6620.5875.0075.10111.69
Dividend per share (₹)0.000.000.000.000.000.500.50
Book value per share (₹)0.00551.38542.45516.90496.32642.11567.64
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue295241162195181186156145
Revenue growth (YoY)+63.4%+29.4%+3.4%+34.2%+7.6%---
Other income28459.465,9594.3133.954.9083.342.87
Total expenses278374209209197178202151
EBITDA17.31(133)(47.42)(14.23)(16.61)8.43(45.94)(5.68)
EBITDA margin+5.9%-55.1%-29.3%-7.3%-9.2%+4.5%-29.4%-3.9%
Depreciation11.4411.2211.7511.6011.4811.2011.2311.08
Interest1.260.900.790.650.710.832.038.24
Profit before tax289(85.50)5,899(22.17)5.151.3024.14(22.13)
Tax18.50(599)818(1.05)(2.04)(0.48)(1.31)(1.05)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue7786566336011,137689969
Revenue growth+18.7%+3.5%+5.3%-47.1%+65.0%-28.9%-
Other income6,05710536.5723.421.871.984.14
Total expenses9896996977111,105690873
Employee cost0.0045.3640.3742.9152.5441.7341.23
EBITDA(211)(43.71)(63.30)(109)31.43(0.89)96.16
EBITDA margin-27.1%-6.7%-10.0%-18.1%+2.8%-0.1%+9.9%
Depreciation46.0544.4644.2044.1343.6339.0036.62
Interest3.0516.5422.506.104.613.854.52
Profit before tax5,7970.54(93.43)(136)(14.94)(41.76)59.16
Tax216(3.87)0.12(1.71)(5.64)(5.19)8.96
Net profit(84.29)4.34(93.55)(134)(9.30)(36.58)50.20
Net profit margin-10.8%+0.7%-14.8%-22.3%-0.8%-5.3%+5.2%
EPS (₹)914.000.80(18.05)(25.89)(1.80)(10.87)14.93
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital60.0255.6351.8351.8351.8343.8443.22
Reserves & surplus6,224485345439573575614
Shareholders' funds (net worth)6,380720397491625641680
Secured loans13.8216.6192.7422.1569.31121122
Unsecured loans1.2213228.8326.5526.5520.5521.25
Total debt15.0414812248.7095.86142143
Total liabilities6,403877526549728799837
Assets
Gross block872799720712701670576
Net block499472437474506519464
Capital work in progress18.4061.7467.8767.4059.0057.9476.66
Investments4,737163142140140140140
Inventories16715312398.8611610796.96
Sundry debtors11395.3668.1964.92103145189
Cash & bank balances8475.342.472.205.955.746.83
Loans & advances28741.0620.9431.3019.7525.8628.48
Total current assets1,414295215197245283321
Total current liabilities465232428421329294248
Net working capital95062.96(213)(224)(83.82)(10.59)72.70
Total assets6,403877526549728799837
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.700.920.474.184.045.559.42
Net cash from operating activities5,104(339)(76.99)49.8481.0173.84125
Net cash from investing activities(4,705)12.2327.442.72(23.61)(68.51)(102)
Net cash from financing activities(57.66)32950.00(56.26)(57.26)(6.84)(26.34)
Net change in cash3412.780.45(3.71)0.14(1.51)(3.86)
Closing cash8475.342.472.205.955.746.83
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+18.7%+3.5%+5.3%-47.1%+65.0%-28.9%-
EBITDA growth-383.0%+31.0%+42.0%-447.2%+3631.5%-100.9%-
PBT growth-+9998.0%+31.3%-809.8%+64.2%--53.2%
Net income growth-2042.2%+104.6%+30.3%-1343.2%+74.6%-172.9%-
Revenue CAGR (3Y)+9.0%-16.8%-2.8%-14.7%+2.3%-8.0%+0.2%
EBITDA CAGR (3Y)+24.6%-+314.3%--41.4%--9.0%
Profitability & leverage
Net income margin+717.4%+0.7%-14.8%-22.3%-0.8%-5.3%+5.2%
Return on capital employed-+2.2%0.0%0.0%-1.4%-4.6%+7.7%
Return on net worth-+0.7%0.0%0.0%-1.5%-5.6%+7.7%
Debt / equity-0.240.190.130.190.220.23
Long-term debt / equity-0.030.040.010.050.100.14
Interest cover-1.19-18.76-20.93-3.98-37.79-9.657.59
Efficiency & per share
Fixed asset turnover-0.860.880.851.661.111.79
Inventory turnover-4.745.705.6010.216.769.44
Debtors turnover-8.029.527.159.174.134.88
EPS (₹)914.000.80(18.05)(25.89)(1.80)(10.87)14.93
Dividend per share (₹)0.000.000.000.000.000.500.50
Book value per share (₹)0.0097.2676.6294.78120.58181.13192.74

To see the full year-wise statements and ratios of Kiri Industries Limited, buy the company report.

Board of directors of Kiri Industries Limited

Kiri Industries has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manishkumar Pravinchandra Kiri
Also directs: Equinaire Chemtech LLP, Colorstar Chemicals Private Limited, Indoasia Agrotech Fertilizers Limited and 5 more
Managing Director01 Apr 201016 Years 7 MonthsCurrent
Yagnesh Mankad
Also directs: Kiri Peroxide Limited
Whole-Time Director11 Feb 20233 Years 8 MonthsCurrent
Girish Hirabhai TandelWhole-Time Director11 Feb 20233 Years 8 MonthsCurrent
Reema Pranav Parikh
Also directs: 5D Buildcon LLP, 5D VDC Services LLP, Etis Technologies Private Limited
Director02 Sep 20251 Years 1 MonthsCurrent
Nanubhai Vallabhabhai KathiriaDirector29 Aug 20242 Years 2 MonthsCurrent
Ashokkumar Manjibhai RajparaDirector29 Aug 20242 Years 2 MonthsCurrent
View all directors

Peer comparison

Kiri Industries Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Siegwerk India Private Limited₹1,185.54 Cr (FY 2025)3.0%New Delhi, Delhi, India
Lonsen Kiri Chemical Industries Limited₹1,099.78 Cr (FY 2025)33.0%Ahmedabad, Gujarat, India
Archroma International (India) Private Limited₹1,095.98 Cr (FY 2025)-3.0%Mumbai, Maharashtra, India
Sakata Inx (India) Private Limited₹942.88 Cr (FY 2025)-14.0%Bhiwadi, Rajasthan, India
Kiri Industries Limitedthis company₹839.65 Cr (FY 2026)-₹99.81 Cr-11.9%13.5%884Ahmedabad, Gujarat, India
Shree Pushkar Chemicals & Fertilisers Limited₹817.05 Cr (FY 2025)11.0%Mumbai, Maharashtra, India
Spectrum Dyes and Chemicals Private Limited₹760.39 Cr (FY 2025)-5.0%Mumbai, Maharashtra, India
Ultramarine & Pigments Limited₹707.1 Cr (FY 2025)24.0%Mumbai, Maharashtra, India
Sudarshan Gujarat Mfg Private Limited₹673.59 Cr (FY 2025)-14.0%Vadodara, Gujarat, India

To see the full peer comparison of Kiri Industries Limited, buy the company report.

Auditor

Kiri Industries Limited is audited by Pramodkumar Dad & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Pramodkumar Dad & AssociatesFY 2023115869W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 41.70%, foreign institutional investors hold 16.80%, domestic institutional investors hold 1.20% and retail and other public shareholders hold 40.30%.

Promoters: 41.70%DII (Domestic Institutional): 1.20%FII (Foreign Institutional): 16.80%Retail & Others: 40.30%
Sep 2026
QUARTER
41.70% Promoters
1.20% DII (Domestic Institutional)
16.80% FII (Foreign Institutional)
40.30% Retail & Others
Promoter holding - history
Now 41.70% · Sep 2026High 41.70% · Sep 2026Low 36.70% · Dec 2025
35%37%39%41%43%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 36.70%Mar 2026: 36.70%Jun 2026: 36.70%Sep 2026: 41.70%36.70%41.70%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters41.70%36.70%36.70%36.70%
Public58.30%63.30%63.30%63.30%

Charges & borrowings

Open charges
₹109.31 Cr
Satisfied charges
₹5,098.24 Cr
Breakdown by lending institutions
Others₹62.50 Cr
Assets Care & Reconstruction Enterprise Limited₹46.81 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 May 2026101314425Others₹42.5 CrOpen
22 Sep 2022100616526Others₹20 CrOpen
01 Jun 201210360164Assets Care & Reconstruction Enterprise Limited₹46.81 CrOpen
05 Sep 2024100970395Others₹1,091.59 CrSatisfied
04 Sep 2024100969986Others₹1,091.59 CrSatisfied

To see the full charge records of Kiri Industries Limited, buy the company report.

Total charge records: 50 View all charges

Deals & funding

Kiri Industries Limited has 105 deals on record (102 market trades, 1 qip, 1 acquisition); the latest was in January 2026.

Total deals
105
Market trades
102
QIP
1
Acquisition
1
IPO
1

Deals on record (5 of 105)

WhenDealAmountParties
Jan 2026Market trade₹17.64 CrBuyer: Mathisys Quantcap LLP
Seller: Mathisys Quantcap LLP
Jan 2026Market trade₹192.45 CrBuyer: Hrti Private Limited , Alphagrep Securities Private Limited , Mathisys Quantcap LLP
Seller: Hrti Private Limited , Alphagrep Securities Private Limited , Mathisys Quantcap LLP
Jan 2026Market trade₹69.58 CrBuyer: Junomoneta Finsol Private Limited , Qe Securities LLP , Hrti Private Limited
Seller: Hrti Private Limited , Junomoneta Finsol Private Limited , Qe Securities LLP
Jan 2026Market trade₹182.72 CrBuyer: Junomoneta Finsol Private Limited , Qe Securities LLP , Alphagrep Securities Private Limited
Seller: Junomoneta Finsol Private Limited , Qe Securities LLP , Alphagrep Securities Private Limited
Jan 2026Market trade₹623.03 CrBuyer: Microcurves Trading Private Limited , Alphagrep Securities Private Limited , Junomoneta Finsol Private Limited
Seller: Microcurves Trading Private Limited , Alphagrep Securities Private Limited , Junomoneta Finsol Private Limited

To see the full deal history of Kiri Industries Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Kiri Industries Limited has 20 MSME Form 1 returns on record between 2019 and 2024, listing 5,490 overdue payments to 112 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 112)

SupplierAmount dueDue sinceReported on
VND Plastico Pumps Private Limited
an individual supplier
an individual supplier
Kalp Marketing
Amsal-Chem Private Limited

To see the full MSME payment records of Kiri Industries Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Kiri Industries has 1 joint venture and 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.

1
Joint ventures
1
Associated companies

Employees & EPFO

Kiri Industries Limited has a workforce of 884 employees on its EPFO records as of Apr 07, 2024, across 3 active EPFO establishments.

Employee count
884
Active EPFO establishments
3
Employee growth
-48.81%

GST

Kiri Industries has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
24AAACK9025C1ZZGujaratActive01 Jul 2017
24AAACK9025C3ZXGujaratActive29 Sep 2020
33AAACK9025C1Z0Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Kiri Industries Limited, buy the company report.

Recent activity

Kiri Industries Limited has 34 board changes on record since 1998: 21 appointments and 13 cessations. The latest: Veena Jayantilal Padia ceased to be Director on 24 Sep 2025.

Charges
A charge with Others amounted to Rs. 42.50 Cr with Charge ID 101314425 was registered on 30 May 2026.
Filing
Kiri Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge registered on 05 Sep 2024 via Charge ID 100970395 with Others was fully satisfied on 17 Feb 2026.
Charges
A charge registered on 04 Sep 2024 via Charge ID 100969986 with Others was fully satisfied on 17 Feb 2026.
AGM
Kiri Industries Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Veena Jayantilal Padia ceased to be Director.
Appointed
Reema Pranav Parikh was appointed as Director.
Charges
A charge with Others of Rs. 1,091.59 Cr registered on 04 Sep 2024 with Charge ID 100969986 was modified on 11 Jun 2025.
Ceased
Keyoor Madhusudan Bakshi ceased to be Director.
Ceased
Mukesh Gunvantrai Desai ceased to be Director.
Charges
A charge registered on 17 Apr 2023 via Charge ID 100713004 with Others was fully satisfied on 19 Sep 2024.
Charges
A charge registered on 13 Apr 2023 via Charge ID 100737935 with Others was fully satisfied on 19 Sep 2024.

142 earlier events are in the company report.

News

Kiri Industries Ltd: Creates 100% Owned Subsidiary Andemina Spa In Chile With Initial Capital Of CLP 100,000, Aiming At Mining And Related Operations.
21 Oct 2026 · Exchange Update
H-acid Prices Surge ~300% Ytd To ~¥160,000/T Amid China’s ~10 Kt Supply Deficit, Driving Sharp Price Hikes Across Downstream Dyes. (Kiri Industries,bodal Chemicals,bhageria Industries)
30 Sep 2026 · Exchange Update

Frequently asked questions

Kiri Industries is an active public limited company based in Ahmedabad, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 14 May 1998 (28+ years old) and is registered under CIN L24231GJ1998PLC034094. Listed on BSE: 532967 and NSE: KIRIINDUS.

Kiri Industries reported revenue of ₹839.65 Cr for FY 2025-26 (up 13.5% YoY) based on consolidated financials.

Kiri Industries has 6 current directors:

The latest financial statements of Kiri Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Kiri Industries is 24AAACK9025C1ZZ, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AAACK9025C3ZX (Gujarat), 33AAACK9025C1Z0 (Tamil Nadu).

The CIN (Corporate Identification Number) of Kiri Industries is L24231GJ1998PLC034094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Kiri Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 532967) and NSE (symbol: KIRIINDUS).

Kiri Industries has 234 court cases on record: 75 filed by the company and 159 filed against it. 53 are pending. Most are in the district courts.

Kiri Industries was incorporated on 14 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Kiri Industries has 105 deals on record (102 market trades, 1 qip, 1 acquisition); the latest was in January 2026.

The peers of Kiri Industries by revenue are Siegwerk India Private Limited, Lonsen Kiri Chemical Industries Limited, Archroma International (India) Private Limited, Sakata Inx (India) Private Limited, Shree Pushkar Chemicals & Fertilisers Limited and 3 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Veena Jayantilal Padia ceased to be Director on 24 Sep 2025. Reema Pranav Parikh was appointed as Director on 02 Sep 2025. Keyoor Madhusudan Bakshi ceased to be Director on 26 Sep 2024. Kiri Industries has 34 board changes on record in total.