Kiri Industries Share Price

Kiri Industries Limited manufactures and sells dyes, dye intermediates, and basic chemicals in India and internationally. The company sells its products to chemical, dyes, dyes intermediates, pharma, paper and textile industries through dealers and distributors. Kiri Industries share price on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries. 

The Kiri Industries stock price is influenced by various factors such as raw material costs, global demand for dyes, export realizations, and competitive pricing pressures. In the longer run, strategies related to capacity expansion, product mix diversification, and environmental compliance affect stock market sentiments. All these factors must be closely monitored to have an idea about the ABC stock price movements.  

Kiri Industries live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of Kiri Industries live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market. 

Furthermore, monitoring the Kiri Industries share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook. 

Kiri Industries Limited Company Fundamentals 

Kiri Industries Company Background 

Kiri Industries Limited (KIL) is one of India’s largest manufacturers and exporters of dyes, intermediates, and chemicals. Established in 1998 with a dyes manufacturing unit at Vatva, Ahmedabad, the company has grown into a fully integrated dyes and chemicals enterprise. KIL has received several CHEMEXCIL and GDMA performance awards and serves as a preferred resource centre for a wide range of textile dyes. Advanced quality control systems, modern manufacturing facilities, and ERP-driven enterprise management enable the company to deliver internationally recognised products and services. 

KIL is an ISO 9001:2008-certified company listed on the Bombay Stock Exchange and the National Stock Exchange of India. In 2007, it strengthened its operations through two-stage backward integration by setting up India’s largest dyestuff intermediate and basic chemicals facilities at Padra, Gujarat. A joint venture with Long Sheng of China further enhanced its dyes manufacturing capabilities. 

In 2010, KIL acquired the DyStar Group, a global leader in dyes and performance chemicals, transforming KIL into a global conglomerate and a comprehensive textile solutions provider. Over its corporate journey, the company has remained focused on quality, innovation, sustainability, and customer-centric solutions. 

Kiri Industries Company Products 

• Dyes 
  • Reactive Dyes – Kiractive & Kirazol series   
  • Other Dyes – Disperse, Acid, Direct, SPD dyes  
• Intermediates
  • Sulpho J Acid 
  • Sulpho Tobias Acid 
  • Pntosa 
  • Sulpho Gama Acid  
• Basic Chemicals
  • Sulphuric Acid 98 
  • Spent Sulphuric Acid 
  • Oleum 65 & 23 
  • Chloro Sulphonic Acid 

Kiri Industries Company Revenue Model 

Kiri Industries earns revenue through multiple integrated streams:  

• Manufacturing & Sales of Dyes, Intermediates & Chemicals: Core revenue from production and global export of chemical products.  
• Export Business: Strong export-led model with products shipped internationally, contributing significantly to revenue.  
• Domestic Sales: Supplies to Indian textile and chemical sectors.  
• Strategic Integrations & Partnerships: Backward integration into intermediates and chemical production reduces cost and enhances margins.  
• Valueadded Solutions: Through DyStar (historical acquisition), offering complete colour solutions and speciality chemicals globally (historically part of revenue mix).  

Kiri Industries Geographic Presence 

Kiri Industries has a wide global footprint, serving both domestic and international markets:  

• Domestic (India): Headquarters and manufacturing at Ahmedabad and Vadodara, Gujarat.  
• International Exports: Products exported to markets across AsiaPacific, Europe (EU), the Americas and over 50 countries across 7 continents.  
• Global Business Partnerships: Accredited partner to top dyestuff majors worldwide 

Kiri Industries Leadership and Brand Recognition 

Some of the key leaders of Kiri Industries Limited as of February 2026 are 

• Manish P. Kiri – Chairman & Managing Director 
• Yagnesh K. Mankad – Whole-Time Director 
• Girish H. Tandel – Whole-Time Director 
• Nanubhai Kathiria – Independent Director 
• Ashokkumar Rajpara – Independent Director 
• Reema Parikh – Independent and Women Director 

Kiri Industries Key Milestones 

• 1998: Incorporated as Kiri Dyes & Chemicals Private Limited in Ahmedabad, Gujarat. 
• 1999: Started overseas operations, exporting to USA and Taiwan. 
• 1998–2000: Received Outstanding Export Performance Award from CHEMEXCIL; Trophy from Gujarat Dyestuffs Manufacturers Association for exports exceeding Rs. 600 Lakhs. 
• 2001: Recognised for export performance by Gujarat Dyestuffs Manufacturers Association. 
• 2002: Obtained 100% Export Oriented Unit (EOU) status from Kandla Special Economic Zone; awarded Platinum Award by CHEMEXCIL for 2002–03. 
• 2003: Recognised as Government Trading House. 
• 2004: Became a Two Star Export House; converted manufacturing unit into 100% EOU; obtained Environmental Clearance Certificate from Ministry of Environment & Forest. 
• 2005: Started backward integration project at Padra, Vadodara. 
• 2006: Commercial production of Vinyl Sulphone Ester started at Padra; awarded “A” Class Vendor by Clariant India Ltd. 
• 2007: Received ISO 9001:2000 certification for quality management; advanced effluent treatment plant operational. 
• 2008: Completed Initial Public Offering (IPO), raising Rs. 7069.06 Lakhs; paid-up capital increased to Rs. 1500 Lakhs. 
• 2009: Formed a joint venture with Well Prospering Ltd (Zhejiang Longsheng, China) as Loosen Kiri Chemical Industries Ltd.; Phase I plant (36,000 TPA Reactive Dyes) opened on 19th July. 
• 2010: Commercial production of backward integration plant for basic chemicals (Sulphuric Acid, Oleum, Chloro Sulphonic Acid) with 500 MT/day capacity; 3.5 MW co-generation steam-based power plant commissioned; commercial production of Acetanilide (12,000 MTPA); acquired DyStar Group via Kiri Holding Singapore Pvt Ltd., including 36 subsidiaries and DyStar LP USA. 
• 2011 (8 March): Company renamed as Kiri Industries Limited, consolidating its global presence. 
• 2023: Recognised as a Global Conglomerate and total textile solution provider after integration of DyStar operations. 

Industry Perspective 

The global textile colorant market, which includes reactive dyes, disperse dyes, and other dye categories, was valued at around USD 8–11 billion in 2024–2025, with forecasts projecting growth to approximately USD 17.8–20.4 billion by 2034–2035 at a CAGR of around 5.0–6.4% from 2025 to the mid2030s. Reactive dyes represent a significant share due to their widespread use in cotton and other textiles. Beyond dyes themselves, the dye intermediates market, which produces chemicals used to make finished dyes and pigments, is also expanding. Estimates indicate this market could grow from roughly USD 10–12 billion in 2024 to between USD 14.6–24.5 billion by 2032–2035, at CAGRs between 2.9% and 6.2%, driven by demand in textiles, automotive, plastics, and coatings. In India, the dyes and pigments segment is likewise growing, supported by strong textile exports and manufacturing clustering in Gujarat, with projected annual growth around 4.5% over the coming decade. Overall, the industry’s future growth is anchored in sustainable dye technologies, rising global textile demand, and continued integration of chemicals into diverse end-use sectors 

Kiri Industries is well positioned to benefit from the expanding global textile colorant and dye intermediates markets. With reactive dyes forming a significant share and rising demand across textiles, automotive, plastics, and coatings, Kiri’s integrated manufacturing of dyes, intermediates, and basic chemicals aligns with industry growth. India’s strong textile exports and Gujarat’s manufacturing hubs provide a favourable domestic base, while the projected global CAGR of 5–6% for colorants and 2.9–6.2% for intermediates offers steady growth opportunities over the next decade. 

Kiri Industries Limited Stock Market Presence: Listings & Index Representation 

Kiri Industries Limited is listed on the BSE (Bombay Stock Exchange) and the NSE (National Stock Exchange) under the symbol KIRIINDUS (NSE) and scrip code 532967 (BSE). The company’s shares are publicly traded, providing liquidity for investors in the chemical manufacturing sector. 

Kiri Industries is a recognized entity in the Indian stock market, listed on major exchanges. Its inclusion in prominent indices like BSE 1000, BSE Next 250 Microcap, S&P BSE MidSmallCap, S&P BSE SmallCap, S&P BSE Basic Materials, and S&P BSE AllCap underscore the company’s significance within the specialty chemicals and basic materials segments. 

Kiri Industries stock price is tracked by investors focused on the chemical manufacturing and export sectors. Its inclusion in various microcap and materials indices reflects its specific market capitalisation and operational scale in dye manufacturing. Listing on NSE and BSE ensures liquidity, while its presence in these indices connects it to thematic investments tracking small-cap and industrial material companies. 

Kiri Industries Limited Stock Performance and Share Price History 

The Kiri Industries share price on NSE and BSE reflects its position as a major manufacturer of dyes and chemicals. Performance is driven by factors like revenue from operations, gross margins impacted by raw material volatility, export demand, and plant utilization rates. Investors compare the Kiri Industries share price today with benchmark indices and chemical sector peers to gauge relative performance. 

These underlying factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements. Broader sector strength has also played a role in supporting the Kiri Industries share price. In addition to operational and sector-led factors, corporate actions can also have a significant impact on Kiri Industries share price movements short-term even when the company’s fundamentals remain strong. This shows how corporate actions can trigger short-term swings within a framework influenced by global chemical cycles and trade policies. 

While short-term movements reflect events and announcements, longer-term valuation trends are visible through the Kiri Industries share price 52-week high and low, providing context beyond daily or weekly changes. The 52-week high of ₹779 and low of ₹255, compared to a recent close near ₹461.05, show a wide trading range. Highs indicate strong export demand and favorable input costs, while lows align with market corrections or sector-specific downturns. These levels capture impacts of global economic sentiment, environmental regulations, and earnings visibility, providing context for the stock’s historical performance. 

Kiri Industries’ stock performance reflects the trading behaviour of a cyclical chemical company operating in competitive global markets. The company’s focus on integrated dye manufacturing, export orientation, and cost management have shaped its Kiri Industries share price history. Over time, the stock has experienced phases of significant appreciation and periods of deep consolidation, typical of commodity-linked businesses. 

The stock’s long-term journey shows dramatic shifts. The Kiri Industries share price delivered an extraordinary gain of 509.71% in 2009 as markets recovered from the global financial crisis. After a volatile period, it entered a massive bull run, soaring 363.35% in 2013. This was followed by a severe bear phase, with the Kiri Industries stock price collapsing 88.45% in 2011 and 78.04% in 2012. A strong recovery manifested again with a 171.14% surge in 2016. More recently, the Kiri Industries share price showed strength with a 54.66% gain in 2024 and an 18.96% increase in 2025. However, it is important to note the Kiri Industries stock price has also faced sharp annual declines, such as 34.56% in 2008, 21.21% in 2010, and 15.14% in 2023, often correlating with weaker global dye demand, increased competition, or margin pressures. 

Over longer investment horizons, the stock has delivered substantial returns, including a significant gain of 445.94% over ten years, highlighting long-term value creation despite high volatility. Recent performance shows a decline of 25.29% over one year and a drop of 37.19% in the first quarter of 2026. These decreases correlate with broader market corrections, potential concerns over near-term profitability, and cyclical headwinds in the global chemical industry. The Kiri Industries stock price movement illustrates the high-beta, cyclical nature of the capital-intensive chemical manufacturing sector and its sensitivity to global trade flows 

Kiri Industries Investor Relevance and Role in Portfolio 

Kiri Industries offers targeted exposure to the specialty chemicals and dye manufacturing segment, which is a niche within the basic materials sector. Its inclusion in various microcap, small-cap, and basic materials indices underscores its relevance for investors seeking tactical, growth-oriented holdings in the industrial space. The company’s integrated operations, export focus, and position as a key supplier in the dye value chain make it a distinct choice for portfolios targeting cyclical recovery or specific chemical sector themes. 

Kiri Industries equity is held by a mix of domestic and international institutional investors, reflecting its unique profile. Top institutional stakeholders include Vikasa India EIF I Fund and Lambasa Global Opportunity Fund B.V. 

Prominent mutual fund and ETF holders include WisdomTree India Earnings Fund, DFA Investment Dimensions Group Inc. – Emerging Markets Core Equity 2 Portfolio, Avantis Emerging Markets Equity ETF, Dimensional Emerging Markets Core Equity 2 ETF, SPDR S&P Emerging Markets Small Cap ETF, Dimensional Emerging Core Equity Market ETF, Dimensional World ex U.S. Core Equity 2 ETF, and Dimensional Emerging Markets Targeted Value Fund. This investor base underscores the stock’s role as a holding in emerging market, small-cap, and sector-specific portfolios. 

Beyond fundamentals and ownership, Kiri Industries’s stock is monitored for technical indicators. Tools such as the Kiri Industries RSI, MACD, and MFI provide additional insight into short-term momentum shifts in the Kiri Industries stock price. While primarily used for near-term trading, these tools can also help gauge market sentiment around quarterly results or sector trends, especially given the stock’s inherent volatility. 

Kiri Industries’s beta indicates it is a volatile stock with a higher correlation to market swings compared to more stable companies. The long-term beta is 1.23. Shorter-term measures show even higher volatility, with a beta of 2.56 on a daily one-month range, 1.82 on a daily three-month range, 1.79 on a weekly one-year range, 1.57 on a weekly two-year range, 1.13 on a two-week two-year range, and 0.934 on a monthly two-year range. These figures highlight that the Kiri Industries share price can experience periods of significantly amplified movement relative to the broader market, influenced by its cyclical earnings, commodity price sensitivity, and relatively smaller market capitalisation. 

Kiri Industries Limited Sectoral Relevance and Peer Positioning 

Kiri Industries’s sector relevance stems from its integrated manufacturing of dyes and intermediates, export-oriented business, and scale as one of India’s significant dye producers, establishing it as a key player in the specialty chemicals ecosystem. Peer comparisons with companies like Atul Ltd., Sudarshan Chemical Industries, BASF India, Bodal Chemicals, and Vinati Organics focus on product portfolio diversity, vertical integration, export market penetration, and margin profiles rather than short-term stock moves. These benchmarks help investors assess operational efficiency, cost leadership, and adaptability to environmental regulations. Institutional tracking of global textile demand, raw material (benzene derivative) prices, and China’s competitive dynamics further highlights Kiri Industries’s positioning within the global dye supply chain. 

Kiri Industries market capitalization underscores its size within the chemical manufacturing segment. The market cap history shows periods of significant growth and contraction, mirroring its volatile share price. From a base of ₹2.38 Billion in April 2008, it expanded to ₹19.46 Billion by the end of 2021. It reached a peak of ₹43.57 Billion at the end of 2025. However, it has seen recent pressure, declining to ₹34.41 Billion at the end of 2024 and further to ₹27.53 Billion by February 2026, reflecting a 36.82% decrease from its 2025 peak. This volatility aligns with the cyclical earnings and sentiment-driven re-rating typical of the sector. 

Kiri Industries earnings history, reflected in Net Profit, shows high volatility driven by operating margins and other income. Earnings grew from ₹8.37 Crore in March 2009 to a peak of ₹388.77 Crore in March 2022. This was followed by a sharp decline to ₹106.66 Crore in March 2023. A recovery occurred in March 2024 with earnings of ₹133.02 Crore. However, the company reported a net loss of ₹108.43 Crore for March 2025. This trajectory highlights the sensitivity of profits to raw material costs, plant operations, and global market conditions, with periods of high profitability often followed by corrections. 

Kiri Industries EPS (Earnings Per Share) history provides direct insight into per-share profitability. EPS has experienced extreme swings, from ₹5.58 in March 2009 to a high of ₹118.38 in March 2018. It was ₹75.10 in March 2021 and ₹75.00 in March 2022, before falling sharply to ₹20.67 in March 2023. A recovery brought EPS to ₹25.55 in March 2024 and further to ₹44.61 in March 2025. The annual EPS growth rates were -32.67% in 2021, -0.12% in 2022, -72.57% in 2023, 55.85% in 2024, and 48.40% in 2025, demonstrating the inconsistent year-on-year growth pattern. 

Kiri Industries P/E ratio demonstrates how the market values its earnings, with history showing wide fluctuations. The ratio has varied from as low as 2.44 in March 2020 to 13.97 in March 2025. In recent years, it was 5.54 in March 2021, 6.53 in March 2022, 13.69 in March 2023, and 11.86 in March 2024. The trailing twelve months P/E ratio as of the latest data is 11.44. The five-year average P/E is 10.32. This variability reflects changing market expectations about future earnings stability and growth in a highly cyclical industry. 

Summary 

Kiri Industries Limited is a significant manufacturer and exporter in the dyes and specialty chemicals sector. The Kiri Industries share price reflects its operational performance within this cyclical global industry. Its listing on key stock exchanges and inclusion in several indices provides liquidity and thematic benchmarking. The stock’s history is marked by high volatility, with periods of exceptional growth driven by strong earnings and sector tailwinds, alongside significant corrections during downturns. This performance pattern is characteristic of commodity-linked chemical businesses.