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KIRIINDUS Share Price Discussion

Kiri Industries Ltd.
NSE: KIRIINDUS | BSE: 532967 | ISIN: INE415I01015 | Sector: Paints and Pigments
HarryTheGrayHat's Post
Reputation: 1,905 • Nov 14, 2021 9:21 AM

*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
NSE:KIRIINDUS price when posted: 490.9
1 Like

Sir, Will this have an impact in tommrow price..people say share price will go down to 460 tommrow..please share your thoughts
Nov 14, 2021 4:10 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.
Nov 15, 2021 6:13 AM

@mohansriramamurthy slight correction in second paragraph. Very low PE Ratio instead of very low pr Ratio.
Nov 15, 2021 6:16 AM

Thank you Sir
Nov 15, 2021 12:15 PM
1 Like

Can you please share your comments on Paras Defence as well Sir..
Nov 15, 2021 12:15 PM