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Tuesday, January 24, 2017

Kiri Industries Share Price trades in the Green Zone


Kiri IndustriesKiri Industries Limited has informed the BSE that a meeting of Board of Directors of the Company is scheduled to be held on 28th January, 2017, to consider, approve and take on record the Unaudited Financial Results for Q3 or the quarter ended on December 31, 2016.
Kiri Industries was incorporated in the year 1998. It is a Small Cap company (having a market cap of Rs 912.59 Cr.) operating in Paints and Pigments sector.

Kiri Industries Key Products/Revenue Segments include:
  • Dyes Intermediates which contributed Rs 881.91 Crore to Sales Value (99.34 per cent of Total Sales)
  • Other Operating Revenue which contributed Rs 5.79 Crore to Sales Value (0.65 per cent of Total Sales) for the year ending 31-Mar-2016.

Peer Comparison:

Management EfficiencyKiri Industries LtdPeer Average
Management EfficiencyKiri Industries Ltdpeer Average
Return on Equity (per cent)31.4315.41
Return on Assets (per cent)25.72              8.07
Return on capital Employed (per cent)10.23             11.54
Fixed Assets Turnover (x)0.951.6

For the quarter ended 30-09-2016 (Q2), the company has reported consolidated sales of Rs 277.89 Crore, down -3.94 from last quarter Sales of Rs 289.30 Crore and up 0.35 from last year same quarter Sales of Rs 276.91 Crore. Company has reported net profit after tax (PAT) of Rs 28.37 Crore in latest quarter. On 24th January, 2017 Kiri Industries share price was trading 5 per cent higher intraday on the NSE.


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