Kiri Industries Ltd (BOM:532967)
₹ 579.05 +8.25 (+1.6%) Market Cap: 37.74 Bil Enterprise Value: -4.82 Bil PE Ratio: 0.51 PB Ratio: 0.45 GF Score: 65/100

Q4 2025 Kiri Industries Ltd Earnings Call Transcript

Jun 02, 2025 / 10:30AM GMT
Release Date Price: ₹617.2 (-3.92%)

Key Points

Positve
  • Kiri Industries Ltd (BOM:532967) reported a strong sequential performance with a 19% increase in revenue from operations in Q4 FY25, reaching INR186.22 crores.
  • The company achieved a significant turnaround with a profit after tax of INR1.8 crores in Q4 FY25, compared to a loss of INR29 crores in the same quarter of the previous year.
  • For the financial year ending 2025, the standalone revenue grew by approximately 4% year-on-year, and the EBITDA loss reduced from INR63 crores to INR44 crores.
  • A significant breakthrough was made in the DyStar matter, with a share purchase agreement signed to sell a 37.57% stake for a base consideration of $676.3 million.
  • The company's greenfield project in copper and fertilizer is progressing well, with Phase 1 requiring around INR8,000 crores of investment and projected annual revenue exceeding INR45,000 crores.
Negative
  • On a consolidated basis, the revenue from operations for Q4 declined by about 6.5% year-on-year, with an EBITDA loss of around INR5 crores.
  • The net loss for the quarter before the share of profit of associate was about INR64 crores, compared to INR29 crores in Q4 FY24.
  • For the financial year ending 2025, the consolidated net loss increased to INR108 crores from INR91 crores in the previous year.
  • The company faces challenges in securing copper concentrate contracts, with only 50% of the requirement tied up so far.
  • Legal expenses remain significant, although they are expected to reduce by half in the coming quarters.
Operator

Ladies and gentlemen, good day, and welcome to the Q4 FY25 earnings conference call of Kiri Industries Limited. (Operator Instructions)

Please note that this conference is being recorded. I now hand the conference over to Ms. Purvangi Jain from Valorem Advisors. Thank you, and over to you, ma'am.

Purvangi Jain
Valorem Advisors - Moderator

Good evening, everyone, and a warm welcome to you all. My name is Purvangi Jain from Valorem Advisors. We represent the Investor Relations of Kiri Industries Limited. On behalf of the company, I would like to thank you all for participating in the company's earnings conference call for the fourth quarter and the financial year ending 2025.

Before we begin, let me mention a short cautionary statement. Some of the statements made in today's earnings call may be forward-looking in nature. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from those anticipated. Such statements are based on management's belief as well as assumptions made by and

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