Kiri Industries Limited · NSE:KIRIINDUS
Kiri Industries — Q3 FY2025 Earnings Presentation
20 slides from Kiri Industries's earnings presentation, Feb 13, 2025
Slide 1: Submission letter to BSE and NSE for earnings presentation
February 13, 2025 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: Q3/9M-FY25 Earnings Presentation
Q3/9M-FY25|EARNINGS PRESENTATION
Slide 3: Company Overview
Company Overview Consolidated Revenue Break-up (INR Mn) 2,115 1,492 5,337 4,945 • Established in 1998, Kiri Industries Limited (KIL), is based out of Gujarat and has emerged as one of FY24 9M-FY25 the largest manufacturers and exporters of a wide range of Dyes, Dyes Intermediates and Basic Domestic
Slide 4: About DyStar
About DyStar • The DyStar Group is a leading dyestuff and chemical manufacturer and solution provider, offering a broad portfolio of colorants, specialty chemicals, and services to customers across the globe. • With a heritage of more than a century in product development and innovation for the text
Slide 5: History
History 1995 2002 2007 2012 2016 FOUNDATION ACQUISITION: ACQUISITION: FOUNDATION: ACQUISITION: DyStar was founded in 1995 as a joint JOINT Color Texanlab Sustainable Emerald VENTURE OF: Solutions Textile Performance venture between Hoechst AG and Bayer AG and International Solutions Materials Bayer
Slide 6: Financial Highlights
Financial Highlights Q3-FY25 Financial Highlights (Consolidated) Q3-FY25 Financial Highlights (Standalone) Operational Operational EBITDA EBITDA Margin EBITDA* EBITDA Margin* Revenue Revenue INR (444) Mn (24.86)% INR (460) Mn (29.41)% INR 1,786 Mn INR 1,564 Mn Net Profit PAT Margin Diluted EPS Net P
Slide 7: Q3-FY25 Operational Highlights
Q3-FY25 Operational Highlights Consolidated: • During 9MFY25 and Q3FY25, the company has adopted Equity Method for Consolidation of Financial Statements for consolidating financials results of Joint Venture Company Lonsen Kiri Chemical Industries Limited and accordingly made necessary changes in acc
Slide 8: Update on DyStar court case in Singapore
Update on DyStar court case in Singapore • We have secured a monumental legal victory in a case that has spanned a decade, opening new avenues for growth and stability. On January 31, 2025, the Court of Appeal (Singapore Supreme Court) issued a judgment on the appeal filed by Kiri and Senda Internat
Slide 9: Q3/9M-FY25 Financial Highlights
Q3/9M-FY25 FINANCIAL HIGHLIGHTS 8
Slide 10: Q3-FY25 Standalone Income Statement
Q3-FY25 Standalone Income Statement PARTICULARS (INR Mn) Q3-FY25 Q3-FY24 Y-o-Y Q2-FY25 Q-o-Q Revenue from Operations 1,564 1,410 10.9% 1,450 7.9% Total Expenses 2,024 1,624 24.6% 1,507 34.3% EBITDA (460) (214) NA (57) NA EBITDA Margins (%) NA NA NA NA NA Other Income 833 84 NA 29 NA Depreciation 112
Slide 11: 9M-FY25 Standalone Income Statement
9M-FY25 Standalone Income Statement PARTICULARS (INR Mn)4694 9M-FY25 9M-FY24 Y-o-Y Revenue from Operations 4,694 4,336 8.3% Total Expenses 5,215 4,863 7.2% EBITDA (521) (527) (1.1)% EBITDA Margins (%) NA NA NA Other Income 1,003 337 NA Depreciation 333 333 NA Finance Cost 157 149 5.4% PBT (8) (672)
Slide 12: Q3-FY25 Consolidated Income Statement
Q3-FY25 Consolidated Income Statement PARTICULARS (INR Mn) Q3-FY25 Q3-FY24 Y-o-Y Q2-FY25 Q-o-Q Revenue from Operations 1,786 1,595 12.0% 1,730 3.2% Total Expenses 2,230 1,803 23.7% 1,776 25.6% EBITDA (444) (208) NA (46) NA EBITDA Margins (%) NA NA NA NA NA Other Income 919 84 NA 26 NA Depreciation 1
Slide 13: 9M-FY25 Consolidated Income Statement
9M-FY25 Consolidated Income Statement PARTICULARS (INR Mn) 9M-FY25 9M-FY24 Y-o-Y Revenue from Operations 5,350 4,894 9.3% Total Expenses 5,838 5,388 8.4% EBITDA (488) (494) (1.2)% EBITDA Margins (%) NA NA NA Other Income 1,087 337 NA Depreciation 333 343 (2.9)% Finance Cost 732 151 NA PBT (466) (651
Slide 14: Historical Financials
HISTORICAL FINANCIALS 13
Slide 15: Historical Standalone Income Statement
Historical Standalone Income Statement PARTICULARS (INR Mn) FY22 FY23 FY24 9M-FY25 Revenue from Operations 11,368 6,015 6,334 4,694 Total Expenses 11,054 7,106 6,967 5,215 EBITDA 314 (1,091) (633) (521) EBITDA Margins (%) 2.76% NA NA NA Other Income 18 234 366 1,003 Depreciation 436 441 442 333 Fina
Slide 16: Standalone Balance Sheet
Standalone Balance Sheet PARTICULARS (INR Mn) FY23 FY24 H1-FY25 PARTICULARS (INR Mn) FY23 FY24 H1-FY25 Equity 4,913 3,971 3,743 Non Current Assets 7,726 7,391 7,242 Equity Share Capital 518 518 518 a) Property, Plant and Equipment 4,736 4,369 4,198 Other Equity 4,395 3,453 3,225 b) Right of Use Asse
Slide 17: Historical Consolidated Income Statement
Historical Consolidated Income Statement PARTICULARS (INR Mn) FY24 9M-FY25 Revenue from Operations 7,086 5,350 Total Expenses 7,681 5,838 EBITDA (595) (488) EBITDA Margins (%) NA NA Other Income 366 1,087 Depreciation 456 333 Finance Cost 227 732 PBT (912) (466) Tax 1 (20) Profit After Tax (913) (44
Slide 18: Capital Market Data
Capital Market Data Share Price up to 31st December, 2024 100% 50% 0% -50% Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Kiri Sensex Price Data (As on 31st December 2024) INR Shareholding Pattern (As on 31st December, 2024) Face Value 10.00 Market Price 618.65 P
Slide 19: 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 20: Thank You
Kiri Industries Limited Fienre fill of Colonie THANK YOU