Kiri Industries Ltd

Kiri Industries Limited announced that its wholly-owned subsidiary, Equinaire Holdings Limited, has been declared the successful bidder in a public auction for 20,000,000 shares, representing 40% of the outstanding capital stock, of Makilala Mining Company, Inc. for a consideration of USD 5,010,000.00, as part of the enforcement of security rights under an Omnibus Loan and Security Agreement, with the acquisition aligning with Kiri Industries' strategy to secure a stable, long-term supply of copper concentrate.

Kiri Industries Limited informed the Bombay Stock Exchange and National Stock Exchange of India that its Register of Member and Share Transfer Books will be closed from Wednesday, September 23, 2026, to Tuesday, September 29, 2026, for the purpose of the company's 28th Annual General Meeting to be held on Tuesday, September 29, 2026, with a cut-off date for e-voting on Tuesday, September 22, 2026.

Kiri Industries Limited announced that its board approved the preferential issue of 60,82,600 warrants to promoters Manishkumar Kiri, Anupama Manishkumar Kiri, and Hemil Manishkumar Kiri, at a price of Rs 475 per warrant, including a premium of Rs 465, for an aggregate amount of up to Rs 288,92,35,000. The warrants are convertible into one fully paid-up equity share of face value Rs 10 each, and can be exercised within 18 months from the date of allotment.

Kiri Industries Limited informed the BSE Limited and National Stock Exchange of India Limited that the trading window for dealing in Equity Shares of the company will be closed from August 26, 2026, until 48 hours after the declaration of the Outcome of Board Meeting scheduled for August 31, 2026, in accordance with the company’s Code of Conduct for Prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015.

Kiri Industries Limited will seek board approval on August 31, 2026, to consider and evaluate a proposal for raising funds through the issue of equity shares, convertible securities, warrants, and/or other eligible securities via private placement, preferential issue, or a combination thereof, and to finalize the Annual General Meeting to seek shareholder approval for the proposal, according to a regulatory filing. The company’s trading window will be closed from August 26, 2026, until 48 hours after the August 31, 2026, board meeting.

Kiri Industries Limited announced the incorporation of a wholly owned subsidiary, Kiri Capital (IFSC) Private Limited, on August 19, 2026, with an issued share capital of Rs 20,00,00,000 divided into 20,00,000 Ordinary Equity shares of par value Rs 10 each. The new entity, which will serve as a holding company for the group’s overseas subsidiaries and manage treasury functions, was acquired for a cash consideration of Rs 2,00,00,000, representing 100% of the shareholding.

Kiri Industries Ltd share price slipped 0.59% to Rs 426.8 after the company's net profit tumbled by 45.83% to Rs 270.02 crore, while revenue from operations gained significantly 24.69% to Rs 312.36 crore in Q2FY26 over Q1FY26. The market capitalization of Dyes And Pigments industry group stocks on BSE stood at Rs 15226.69 crore, jumping 24.91%. It has improved by 1.02% over last one week and surged by 17.35% in last one month while the market capitalization of Kiri Industries Ltd has marginally improved by 1.76% and 6.78% in the same period respectively. Profit before tax (PBT) of Kiri Industries Ltd stood at Rs 288.53 crore in Q2 FY26, nosediving by 648.85% year-on-year, and crashing by 398.25% quarter-on-quarter. EBITDA came in at Rs 270 crore, surging by 429.82% YoY and rallying 49.10% sequentially. Total expenses slumped by 23.80% to Rs 308.39 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 216.72 crore, rising 16.02% YoY, while employee benefits expense was at Rs 12.71 crore, easing 2.75% YoY. For the TTM ended FY26, revenue from operations grew marginally by 4.43% to Rs 740.03 crore, while net profit expanded by 18.76% to Rs 108.43 crore, compared to previous TTM. EBITDA tanked by 9807% to Rs 168.8 crore, and PBT surged 21.40% to Rs 110.69 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 341.93 crore in FY26, as against Rs 76.83 crore in FY25. Kiri Industries Ltd nosedived by 24.80% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.

Kiri Industries Limited informed the BSE Limited and National Stock Exchange of India Limited that its board of directors approved the re-appointment of M/s. V. H. Savaliya & Associates as Cost Auditors for the financial year 2026-27, with Mr. Vinod H. Savaliya holding a degree of FICMA and M.Com and over 25 years of experience as a Cost Accountant.

Kiri Industries Limited will hold a board meeting on Wednesday, August 12, 2026, at its registered office to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Net profit of Kiri Industries reported to Rs 514.36 crore in the quarter ended March 2026 as against net loss of Rs 84.64 crore during the previous quarter ended March 2025. Sales rose 22.18% to Rs 250.50 crore in the quarter ended March 2026 as against Rs 205.02 crore during the previous quarter ended March 2025. For the full year,net profit rose 2002.80% to Rs 5566.94 crore in the year ended March 2026 as against Rs 264.74 crore during the previous year ended March 2025. Sales rose 13.46% to Rs 839.65 crore in the year ended March 2026 as against Rs 740.03 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales250.50205.02 22 839.65740.03 13 OPM %-56.83-2.47 --26.31-7.29 - PBDT-111.78-52.83 -112 -240.04-66.16 -263 PBT-123.60-64.07 -93 -286.98-110.69 -159 NP514.36-84.64 LP 5566.94264.74 2003 Powered by Capital Market - Live