Kiri Industries Q3FY26: Rs 5,854 Cr exceptional gain from DyStar exit
KIRIINDUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 10.2 pts less than Nifty Microcap 250 and 9.4 pts less than its Dyes And Pigments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Kiri Industries Q3FY26: DyStar stake sale (37.57%) completed for USD 689M (about Rs 6,196 Cr), yielding Rs 5,854 Cr exceptional gain. Standalone revenue Rs 161.64 Cr, up 3% YoY; EBITDA Rs 57.63 Cr. Material margin compressed to 20.8% from 35.4% YoY. Other income includes Rs 40 Cr JV dividend and Rs 59 Cr legal fee refund. No dividend declared; funds directed to new copper and fertilizer projects (capex about Rs 13,300 Cr).
One-time gain of Rs 5,854 Cr transforms balance sheet. No dividend may disappoint income investors; funds enable diversification. Core business margins remain under pressure.