What we do Kiri Industries Ltd manufactures and exports reactive dyes, dye intermediates, and basic chemicals, serving textiles, leather, paint, and printing ink industries globally. |
Founded in 1,998 |
Market share A leading Indian manufacturer with significant export presence and a global footprint in over 50 countries. |
Problem solved Provides high-quality dyes and chemicals enabling vibrant textile colors and sustainable production processes. |
Top clients or who we serve B2B; serving textile, leather, paint, and printing industries worldwide, including major global dyestuff partners. |
Key management Chairman & Managing Director Manish Kiri; experienced leadership with strong industry expertise. |
Our journey and innovations Founded in 1998, expanded globally after acquiring DyStar in 2010; emphasizes R&D and eco-friendly technologies with zero effluent manufacturing. |
Where we operate Primarily India with facilities in Gujarat; exports to USA, Taiwan, Asia-Pacific, Europe, and Americas. |
Top products or what we offer Over 120 dyestuffs including reactive dyes, dye intermediates, basic chemicals like sulfuric acid, oleum, chloro sulphonic acid. |
Top brands DyStar (acquired, global brand with 21% market share); Kiri's own dyes and intermediates with strong export performance. |
Raw materials needed Basic chemicals like sulfuric acid, raw materials for dyes and intermediates including vinyl sulphone esters. |
Raw materials supplier Supplies sourced globally via strategic tie-ups ensuring raw material security for copper and fertilizer projects. |
Recurring vs cyclical contribution Revenue mix includes steady recurring dye sales alongside cyclical chemicals and project-based income. |
Our industry position Top Indian dye manufacturer; global player post DyStar acquisition with growing integrated copper and fertilizer business. |
Financial highlights FY25 consolidated revenue ₹7400 Mn; Profit After Tax ₹2647 Mn; FY24-25 turnaround to EBITDA-positive standalone and consolidated earnings. |
Geographical revenue split FY25 revenue split ~75% India, 25% outside India. Exports to 50+ countries. |
Order book - |
Whats driving growth Increased sales volumes, new customers, capacity utilization gains, strategic acquisitions, and diversification into copper and fertilizers. |
Our future plans Expanding into integrated copper smelting and fertilizer production with ₹13,300 crore investment; completion by 2028. |
Our green promise Zero effluent manufacturing, advanced effluent treatment plants, waste recycling, and environment-friendly production. |
Our people and values Skilled R&D team, emphasis on safety, inclusive workplace culture, and continuous employee development. |
Key challenges ahead Global chemical industry slowdown, volatile raw material costs, project execution risks for new ventures. |
Interesting facts Acquired global dyestuff leader DyStar in 2010; recognized for outstanding export performance multiple years; joint venture with Zhejiang Longsheng. |
Risks and strategy Mitigates raw material risks via global sourcing; focuses on operational efficiency and strategic diversification into copper and fertilizers. |
