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Kiri Industries Limited (KIRIINDUS) Fair Value & Analysis

Basic Materials · IN · Market cap ₹24.8B

KI Kiri Industries Limited KIRIINDUS · NSE
Price₹380.60
Fair Value₹630.83
Upside+65.7%
Quality47/100
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Evidence: High Range ₹359.42 – ₹976.33

Fair value as of: Jul 3, 2026

From 17 valuation models · updated yesterday

Share price −3.2% over the past month.

Price vs Fair Value (12 months)

₹723.40 ₹337.41 Fair Value ₹630.83 Jul 2025 Jul 2026

12‑month range ₹337.41 – ₹723.40 · fair‑value band ₹359.42 – ₹976.33 · the ₹380.60 price screens below the ₹630.83 fair value. As of Jul 3, 2026.

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Analysis

Kiri Industries Limited (KIRIINDUS) currently trades at ₹380.60, while our model-based Fair Value estimate is ₹630.83 — implying the stock looks roughly 65.7% undervalued today. We read business quality at 47/100 (below-average quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Trailing-twelve-month revenue stands at ₹8.4B. Revenue grew 22.2% year over year. It earns a return on equity of 114.9%. The balance sheet holds a net cash position of ₹10.1B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹8.4B
Revenue growth (YoY) +22.2%
Net margin 663%
Return on equity 115%
Free cash flow ₹42.5B FY2026
P/E ratio 0.4
More key figures
Operating margin -61.6%
EPS (TTM) ₹900.90
EPS growth (YoY) +2,923%
Net cash ₹10.1B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Kiri Industries Limited manufactures and sells dyes, dye intermediates, and basic chemicals in India and internationally. It provides reactive dyes, acid dyes, direct dyes, and disperse dyes; and basic chemicals comprising sulphuric acid, chloro sulhponic acid, oleum, spent sulphuric acid, and thionyl chloride. The company also offers dye intermediates, such as sulpho J.acid, sulpho tobias acid, sulpho gama acid, and para nitro toluene ortho sulfonic acid, vinyl sulphone, as well as H-Acid, naphthalene, and aniline based intermediates. It sells its products to chemical, dyes, dyes intermediates, pharma, paper and textile industries through dealers and distributors. The company was formerly known as Kiri Dyes and Chemicals Limited and changed its name to Kiri Industries Limited in March 2011. Kiri Industries Limited was incorporated in 1998 and is based in Ahmedabad, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Kiri Industries Limited reported revenue of ₹8.4B in FY2026 versus ₹14.7B in FY2022, a compound −13.1%/yr. Reported net income was ₹55.7B in FY2026, compounding +94.5%/yr from FY2022.

Revenue −13.1%/yr
FY22 ₹14.7B
FY23 ₹9.5B
FY24 ₹7.1B
FY25 ₹7.4B
FY26 ₹8.4B
Net income +94.5%/yr
FY22 ₹3.9B
FY23 ₹1.1B
FY24 ₹1.3B
FY25 ₹2.6B
FY26 ₹55.7B

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Frequently asked questions

Is Kiri Industries Limited (KIRIINDUS) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹630.83 versus a price of ₹380.60 — about +66% (undervalued). Model-based estimate, not financial advice.
What is the fair value of KIRIINDUS?
Our model-based fair value for Kiri Industries Limited is ₹630.83 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹380.60.
What is the quality score of KIRIINDUS?
Kiri Industries Limited has a Quality Score of 47/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Kiri Industries Limited (KIRIINDUS)?
Kiri Industries Limited reported trailing-twelve-month revenue of about ₹8.4B (latest available figure, as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.