Kiri Industries Limited · NSE:KIRIINDUS
Kiri Industries — Q2 FY27 Earnings Presentation
25 slides from Kiri Industries's earnings presentation, Nov 5, 2026
Slide 1: Exchange submission letter for Q2/H1-FY27 earnings presentation
November 05, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai- 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 532967 Scrip ID - KIRIINDUS Dear Sir/Madam, Sub: Submission of Earnings Presentation
Slide 2: Earning Presentation Q2/H1-FY27
EARNING PRESENTATION Q2/H1-FY27
Slide 3: Entering a New Phase of Industrial Growth
Kiri Industries: Entering a New Phase of Industrial Growth Successful Resolution of the DyStar Significant Capital Beginning of a New Strategic Matter Realization Phase After a prolonged legal process, The Company received proceeds of With the DyStar matter now concluded, the dispute relating to the
Slide 4: Company Overview
Company Overview • Established in 1998, Kiri Industries Limited (KIL) is headquartered in Gujarat and is one of the leading Consolidated Revenue Break-up (INR Mn) manufacturers and exporters of dyes, dye intermediates, and basic chemicals from India. • The Company operates a vertically integrated ma
Slide 5: Copper: Structural Demand & Supply Opportunity
Copper: Structural Demand & Supply Opportunity Structural Demand Growth Energy Transition & Digital Demand • Copper is essential for power transmission, renewable energy, • Renewable energy (solar, wind, grid infrastructure) is highly electric vehicles, and industrial infrastructure copper-intensive
Slide 6: Why Copper: A Strategic Rationale
Why Copper: A Strategic Rationale Why Copper Was Raw Material Security Integrated Business Strategic Capital Attractive Economics Selected Model Advantage Deployment • Long-term sourcing from • Expected ROE of ~22%–30% global mining regions • Fully integrated value based on conservative • Strong imp
Slide 7: Indo Asia Copper & IndoAsia Agrotech Fertilizers - Strategic Subsidiaries
Indo Asia Copper Limited & IndoAsia Agrotech Fertilizers Limited- Strategic Subsidiaries Company Overview Business Focus Strategic Role for Kiri Industries • Indo Asia Copper Limited(IACL) and IndoAsia • Production of copper cathodes, copper wire rods, • Diversifies Kiri Industries into the copper a
Slide 8: Copper and Fertilizer Project Progress Update
Copper and Fertilizer Project Progress Update Project Update • Procurement of major plant and equipment has advanced substantially, with equipment deliveries commencing at site. • Civil, foundation and structural works are progressing across key operating units. • Development of supporting infrastru
Slide 9: Copper and Fertilizer Project Progress Images
Copper and Fertilizer Project Progress Images 8
Slide 10: Q2/H1-FY27 Financial Highlights
Q2/H1-FY27 FINANCIAL HIGHLIGHTS
Slide 11: Financial Highlights
Financial Highlights Q2-FY27 Financial Highlights (Consolidated) Q2-FY27 Financial Highlights (Standalone) Operational Operational EBITDA# EBITDA Margin# EBITDA # EBITDA Margin # Revenue Revenue INR (49) Mn (1.64)% INR 41 Mn 1.42% INR 2,985 Mn INR 2,882 Mn Net Profit* PAT Margin* Diluted EPS Net Pro
Slide 12: Q2/H1-FY27 Operational Highlights
Q2/H1-FY27 Operational Highlights Consolidated: • Improved industry pricing environment, with stronger realizations across key dye intermediates, particularly H-Acid, supported by firm market prices. • Treasury operations generated realized gains of INR 238 million, alongside dividend and interest i
Slide 13: Quarterly Standalone Income Statement
Quarterly Standalone Income Statement PARTICULARS (INR Mn) Q2-FY27 Q2-FY26 Y-o-Y Q1-FY27 Q-o-Q Revenue from Operations 2,882 1,946 48.1% 2,953 (2.4)% Total Expenses 2,841 2,089 36.0% 2,780 2.2% EBITDA 41 (143) NA 173 (76.3)% EBITDA Margins (%) 1.42% NA NA 5.86% (444) Bps Other Income (95) 43 NA 2,84
Slide 14: H1-FY27 Standalone Income Statement
H1-FY27 Standalone Income Statement PARTICULARS (INR Mn) H1-FY27 H1-FY26 Y-o-Y Revenue from Operations 5,835 3,754 55.4% Total Expenses 5,621 4,062 38.4% EBITDA 214 (308) NA EBITDA Margins (%) 3.67% NA NA Other Income 2,747 383 NA Depreciation 231 231 NA Finance Cost 20 14 42.9% Profit (Loss) before
Slide 15: Quarterly Consolidated Income Statement
Quarterly Consolidated Income Statement PARTICULARS (INR Mn) Q2-FY27 Q2-FY26 Y-o-Y Q1-FY27 Q-o-Q Revenue from Operations 2,985 2,134 39.9% 3,124 (4.4)% Total Expenses 3,034 2,270 33.7% 2,965 2.3% EBITDA (49) (136) (64.0)% 159 NA EBITDA Margins (%) NA NA NA 5.09% NA Other Income (155) 6 NA 2,859 NA D
Slide 16: H1-FY27 Consolidated Income Statement
H1-FY27 Consolidated Income Statement PARTICULARS (INR Mn) H1-FY27 H1-FY26 Y-o-Y Revenue from Operations 6,109 4,156 47.0% Total Expenses 5,998 4,455 34.6% EBITDA 111 (299) NA EBITDA Margins (%) 1.82% NA NA Other Income 2,703 354 NA Depreciation 241 232 3.9% Finance Cost 23 1,201 (98.1)% Profit (Los
Slide 17: Historical Financials
Kiri Industries Limited all of Colours: HISTORICAL FINANCIALS
Slide 18: Historical Standalone Income Statement
Historical Standalone Income Statement PARTICULARS (INR Mn) FY24 FY25 FY26 H1-FY27 Revenue from Operations 6,334 6,556 7,779 5,835 Total Expenses 6,967 6,993 9,890 5,621 EBITDA (633) (437) (2,111) 214 EBITDA Margins (%) NA NA NA 3.67% Other Income 366 1,053 1,759 2,747 Depreciation 442 445 461 231 F
Slide 19: Standalone Balance Sheet
Standalone Balance Sheet PARTICULARS (INR Mn) FY25 FY26 H1-FY27 PARTICULARS (INR Mn) FY25 FY26 H1-FY27 Equity 7,203 63,803 67,208 Non Current Assets 7,930 24,618 27,291 Equity Share Capital 556 600 652 a) Property, Plant and Equipment 4,715 4,979 4,870 Other Equity 6,647 63,203 66,556 b) Right of Us
Slide 20: Historical Consolidated Income Statement
Historical Consolidated Income Statement PARTICULARS (INR Mn) FY24 FY25 FY26 H1-FY27 Revenue from Operations 7,086 7,400 8,396 6,109 Total Expenses 7,681 7,940 10,605 5,998 EBITDA (595) (540) (2,209) 111 EBITDA Margins (%) NA NA NA 1.82% Other Income 366 1,149 1,761 2,703 Depreciation 456 445 469 24
Slide 21: Consolidated Balance Sheet
Consolidated Balance Sheet PARTICULARS (INR Mn) FY25 FY26 H1-FY27 PARTICULARS (INR Mn) FY25 FY26 H1-FY27 Equity 32,466 64,452 68,082 Non Current Assets 40,397 23,413 32,076 Equity Share Capital 556 600 652 a) Property, Plant and Equipment 8,047 10,658 10,593 Other Equity 31,910 63,764 67,336 b) Righ
Slide 22: Consolidated Financial Highlights
Consolidated Financial Highlights Operational Revenue (INR Mn) EBITDA (INR Mn)* & EBITDA Margins (%)* PAT (INR Mn)* & PAT Margins (%)* 8,396 53,793 7,086 7,400 6,109 111 1.82% 640.70% FY24 FY25 FY26 H1-FY27 (8.40)% (7.30)% (913) (1,084) 37.86% (540) 2,313 (595) (26.31)% FY24 FY25 FY26 H1-FY27 FY24 F
Slide 23: Capital Market Data
Capital Market Data Share Price up to 30th September, 2026 40% 30% 20% 10% 0% -10% -20% -30% -40% -50% Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26 Aug-26 Sep-26 Kiri Sensex Price Data (As on 30th September 2026) INR Shareholding Pattern (As on 30th September 2026) Face Valu
Slide 24: Disclaimer
Disclaimer Kiri Industries Limited Disclaimer: The information contained in this presentation is only current as of its date. All actions and statements made herein or otherwise shall be subject to the applicable laws and regulations as amended from time to time. There is no representation that all
Slide 25: Thank You
Kiri Industries Limited all of Colours: THANK YOU