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KIRIINDUS Share Price Discussion

Kiri Industries Ltd.
NSE: KIRIINDUS | BSE: 532967 | ISIN: INE415I01015 | Sector: Paints and Pigments

*Kiri Industries Ltd.* | *CMP* Rs. 509 | *M Cap* Rs. 1711 Cr | *52 W H/L* 679/405
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 357.9 Cr (22.2% QoQ, 104.5% YoY) vs QoQ Rs. 292.8 Cr, YoY Rs. 175 Cr
EBIDTA came at Rs. 27.9 Cr (38.8% QoQ, -12007.1% YoY) vs QoQ Rs. 20.1 Cr, YoY Rs. -0.2 Cr
EBITDA Margin came at 7.8% vs QoQ 6.9%, YoY -0.1%
Adj. PAT came at Rs. 101.2 Cr vs QoQ Rs. 90.6 Cr, YoY Rs. 45.2 Cr
Quarter EPS is Rs. 30.1
Share is trading at P/E of 3.7x TTM EPS
1
NSE:KIRIINDUS price when posted: 490.9
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5 Replies

Sir, Will this have an impact in tommrow price..people say share price will go down to 460 tommrow..please share your thoughts
Harry @HarryTheGrayHat
Nov 15, 2021 6:13 AM

@mohansriramamurthy It may or it may not.
It's fundamentals are good enough that attract me to invest in. First and foremost is its book value is around Rs. 542 so the stock is trading at cheap Valuations.
Also while doing peer comparison I think it's trading at very low pr ratio. Company is also almost virtually debt free (minor debt only as comparison to reserves). Also FII is increasing its stake continuously.
So I will consider it as buying opportunity if the price falls to 460 levels. Every deep is an opportunity for entry in fundamentally sound stocks.
Harry @HarryTheGrayHat
Nov 15, 2021 6:16 AM

@mohansriramamurthy slight correction in second paragraph. Very low PE Ratio instead of very low pr Ratio.
Mohan Sriramamurthy @mohansriramamurthy
Nov 15, 2021 12:15 PM

Thank you Sir
Mohan Sriramamurthy @mohansriramamurthy
Nov 15, 2021 12:15 PM

Can you please share your comments on Paras Defence as well Sir..
Recent posts in KIRIINDUS
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Type
Buy
Instrument
KIRIINDUS
Entry Price
₹517
Price@Trade
₹517
Target Price
₹1,000
Stop Price
₹400
Valid Till
Feb 17, 2022 3:20 AM
Margin
₹25,862 approx for 50 Qty
Status
Active
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R
Reputation: 11,164 • Jan 9 12:30 PM

#KIRIINDUS will declare results on Jan 11, 2022
Do you have any view on the results? Let's aggregate whatever information we have from other sources for everyone's benefit.
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A
Reputation: 1,652 • Jan 9 11:41 AM
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Type
Buy
Instrument
KIRIINDUS
Entry Price
₹479
Price@Trade
₹479
Target Price
₹525
Stop Price
₹460
Valid Till
Jan 14, 2022 3:20 AM
Margin
₹47,900 approx for 100 Qty
Status
Stoploss Hit
Exit Price
₹460
Net P&L
-₹1,900 (-3.97%)
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