Kiri Industries Limited
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, … Read more
Kiri Industries Limited (KIRIINDUS) - Net Assets
Latest net assets as of September 2025: ₹32.79 Billion INR
Based on the latest financial reports, Kiri Industries Limited (KIRIINDUS) has net assets worth ₹32.79 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹51.46 Billion) and total liabilities (₹18.67 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹32.79 Billion |
| % of Total Assets | 63.73% |
| Annual Growth Rate | 29.73% |
| 5-Year Change | 48.63% |
| 10-Year Change | 403.74% |
| Growth Volatility | 155.57 |
Kiri Industries Limited - Net Assets Trend (2005–2025)
This chart illustrates how Kiri Industries Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kiri Industries Limited (2005–2025)
The table below shows the annual net assets of Kiri Industries Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹32.47 Billion | +15.47% |
| 2024-03-31 | ₹28.12 Billion | +4.94% |
| 2023-03-31 | ₹26.79 Billion | +4.14% |
| 2022-03-31 | ₹25.73 Billion | +17.77% |
| 2021-03-31 | ₹21.84 Billion | +12.98% |
| 2020-03-31 | ₹19.33 Billion | +23.36% |
| 2019-03-31 | ₹15.67 Billion | +11.58% |
| 2018-03-31 | ₹14.05 Billion | +35.13% |
| 2017-03-31 | ₹10.40 Billion | +61.29% |
| 2016-03-31 | ₹6.45 Billion | +44.05% |
| 2015-03-31 | ₹4.47 Billion | +148.96% |
| 2014-03-31 | ₹1.80 Billion | -4.19% |
| 2013-03-31 | ₹1.88 Billion | -79.58% |
| 2012-03-31 | ₹9.19 Billion | -5.85% |
| 2011-03-31 | ₹9.76 Billion | -2.27% |
| 2010-03-31 | ₹9.98 Billion | +711.91% |
| 2009-03-31 | ₹1.23 Billion | +92.20% |
| 2008-03-31 | ₹639.73 Million | +87.94% |
| 2007-03-31 | ₹340.40 Million | +35.39% |
| 2006-03-31 | ₹251.43 Million | +41.17% |
| 2005-03-31 | ₹178.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kiri Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2399988000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹24.00 Billion | 73.92% |
| Common Stock | ₹556.29 Million | 1.71% |
| Other Comprehensive Income | ₹1.69 Billion | 5.22% |
| Other Components | ₹6.22 Billion | 19.14% |
| Total Equity | ₹32.47 Billion | 100.00% |
Kiri Industries Limited Competitors by Market Cap
The table below lists competitors of Kiri Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Apeejay Surrendra Park Hotels Limited
NSE:PARKHOTELS
|
$86.08 Million |
|
Automotive Axles Limited
NSE:AUTOAXLES
|
$86.08 Million |
|
Kolmar BNH Co. Ltd
KQ:200130
|
$86.09 Million |
|
Semperit Aktiengesellschaft Holding
PINK:SEIGF
|
$86.11 Million |
|
Isu Chemical Co Ltd
KO:005950
|
$85.98 Million |
|
SG Finserve Limited
NSE:SGFIN
|
$85.97 Million |
|
Decora SA
WAR:DCR
|
$85.95 Million |
|
CPI Card Group Inc
NASDAQ:PMTS
|
$85.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kiri Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 28,117,218,000 to 32,466,330,000, a change of 4,349,112,000 (15.5%).
- Net income of 2,647,360,000 contributed positively to equity growth.
- Share repurchases of 3,193,602,000 reduced equity.
- New share issuances of 3,193,602,000 increased equity.
- Other comprehensive income increased equity by 1,248,473,000.
- Other factors increased equity by 453,279,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.65 Billion | +8.15% |
| Share Repurchases | ₹3.19 Billion | -9.84% |
| Share Issuances | ₹3.19 Billion | +9.84% |
| Other Comprehensive Income | ₹1.25 Billion | +3.85% |
| Other Changes | ₹453.28 Million | +1.4% |
| Total Change | ₹- | 15.47% |
Book Value vs Market Value Analysis
This analysis compares Kiri Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.79x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 20.55x to 0.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹18.71 | ₹384.50 | x |
| 2006-03-31 | ₹26.41 | ₹384.50 | x |
| 2007-03-31 | ₹34.50 | ₹384.50 | x |
| 2008-03-31 | ₹62.35 | ₹384.50 | x |
| 2009-03-31 | ₹100.46 | ₹384.50 | x |
| 2010-03-31 | ₹660.95 | ₹384.50 | x |
| 2011-03-31 | ₹586.19 | ₹384.50 | x |
| 2012-03-31 | ₹483.45 | ₹384.50 | x |
| 2013-03-31 | ₹98.72 | ₹384.50 | x |
| 2014-03-31 | ₹67.16 | ₹384.50 | x |
| 2015-03-31 | ₹156.85 | ₹384.50 | x |
| 2016-03-31 | ₹203.80 | ₹384.50 | x |
| 2017-03-31 | ₹373.33 | ₹384.50 | x |
| 2018-03-31 | ₹490.14 | ₹384.50 | x |
| 2019-03-31 | ₹500.04 | ₹384.50 | x |
| 2020-03-31 | ₹372.47 | ₹384.50 | x |
| 2021-03-31 | ₹421.43 | ₹384.50 | x |
| 2022-03-31 | ₹496.32 | ₹384.50 | x |
| 2023-03-31 | ₹516.90 | ₹384.50 | x |
| 2024-03-31 | ₹540.06 | ₹384.50 | x |
| 2025-03-31 | ₹485.47 | ₹384.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kiri Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.15%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.77%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.46x
- Recent ROE (8.15%) is above the historical average (7.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 16.72% | 4.28% | 1.29x | 3.02x | ₹11.97 Million |
| 2006 | 15.71% | 4.33% | 1.27x | 2.85x | ₹14.36 Million |
| 2007 | 25.36% | 6.47% | 1.23x | 3.20x | ₹52.29 Million |
| 2008 | 31.61% | 9.12% | 1.13x | 3.06x | ₹138.23 Million |
| 2009 | 6.89% | 3.04% | 0.79x | 2.87x | ₹-38.28 Million |
| 2010 | -5.74% | -7.09% | 0.29x | 2.79x | ₹-1.56 Billion |
| 2011 | -28.45% | -7.29% | 0.99x | 3.93x | ₹-3.75 Billion |
| 2012 | -7.48% | -1.67% | 0.98x | 4.54x | ₹-1.61 Billion |
| 2013 | -105.88% | -35.52% | 0.50x | 5.95x | ₹-2.17 Billion |
| 2014 | 5.52% | 1.43% | 0.57x | 6.75x | ₹-80.60 Million |
| 2015 | 40.57% | 19.50% | 0.60x | 3.48x | ₹1.37 Billion |
| 2016 | 30.37% | 19.03% | 0.77x | 2.06x | ₹1.31 Billion |
| 2017 | 25.62% | 23.71% | 0.76x | 1.42x | ₹1.62 Billion |
| 2018 | 25.49% | 32.51% | 0.60x | 1.30x | ₹2.18 Billion |
| 2019 | 10.47% | 12.12% | 0.66x | 1.31x | ₹73.82 Million |
| 2020 | 19.42% | 29.62% | 0.53x | 1.24x | ₹1.82 Billion |
| 2021 | 11.56% | 26.80% | 0.35x | 1.24x | ₹340.31 Million |
| 2022 | 15.11% | 26.39% | 0.48x | 1.19x | ₹1.32 Billion |
| 2023 | 3.98% | 11.29% | 0.30x | 1.19x | ₹-1.61 Billion |
| 2024 | 4.73% | 18.77% | 0.21x | 1.21x | ₹-1.48 Billion |
| 2025 | 8.15% | 35.77% | 0.16x | 1.46x | ₹-599.27 Million |
Industry Comparison
This section compares Kiri Industries Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,571,777,102
- Average return on equity (ROE) among peers: 15.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kiri Industries Limited (KIRIINDUS) | ₹32.79 Billion | 16.72% | 0.57x | $86.00 Million |
| Aarti Industries Limited (AARTIIND) | $8.75 Billion | 18.56% | 2.05x | $1.01 Billion |
| Aarti Surfactants Limited (AARTISURF) | $2.18 Billion | 9.78% | 0.94x | $15.14 Million |
| ABM International Limited (ABMINTLLTD) | $214.51 Million | 3.09% | 0.89x | $294.24K |
| ACUTAAS CHEMICALS LTD (ACUTAAS) | $5.94 Billion | 14.02% | 0.29x | $247.08K |
| Advanced Enzyme Technologies Limited (ADVENZYMES) | $984.09 Million | 34.30% | 2.55x | $95.16 Million |
| Agarwal Industrial Corporation Limited (AGARIND) | $739.40 Million | 9.29% | 0.98x | $26.89 Million |
| Alkali Metals Limited (ALKALI) | $513.80 Million | 2.54% | 0.73x | $1.88 Million |
| Alkyl Amines Chemicals Limited (ALKYLAMINE) | $3.79 Billion | 22.71% | 1.01x | $204.91 Million |
| Ami Organics Limited (AMIORG) | $107.73 Million | 26.58% | 2.59x | $704.27 Million |
| Anupam Rasayan India Limited (ANURAS) | $2.50 Billion | 13.94% | 1.53x | $318.75 Million |