Which companies are Kiri Industries's closest peers?

The cockpit's peer set: Styrenix Performance Materials (STYRENIX.NS), Toyo Gosei (4970.T), Wuxi Acryl Technology (603722.SS), Gevo (GEVO), Juheshun Advanced Material (605166.SS), Zhejiang Wanfeng Chemical (603172.SS), Chongqing Jiheng Pharmaceutical (002742.SZ), Tomoe Engineering (6309.T).

Is Kiri Industries expensive compared with its peers?

On ev / sales it trades at 3.4× against a peer median of 1.5×, 5th most expensive of 21 in its peer set.

How has Kiri Industries stock performed?

Over six months to 6 Nov 2026 the shares returned +15.7% against -25.1% for the median peer; over one year -9.1%.

← CockpitCompetitor Analysis › KIRIINDUS.NS Kiri Industries LimitedOpen in the cockpit ↗

Kiri Industries LimitedKIRIINDUS.NSCompetitor analysis, valuation and peers

India · INR·Chemicals›Chemicals: Specialty

Momentum strong 78

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$345M

US dollars, full cap

Free float

61%

of shares outstanding

$/day

$3.10M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-19.5 pp

WACC 16.7%

Hurdle

n/a

no reverse DCF

Close · INR₹500.20

1D+2.2%

1W-7.2%

1M-10.1%

3M+14.6%

6M+15.7%

YTD-31.0%

1Y-9.1%

ATR %5.2%

Beta1.16

52w lowhigh35.8% off high

What Kiri Industries does

Employees: 1,269

Kiri Industries at a glance

Size Kiri Industries (KIRIINDUS.NS) is an India Materials company (Chemicals: Specialty) with a market value of $345M, the 997th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹500.20 on 6 Nov 2026.

Performance Over six months the shares gained 15.7%, against -25.1% for the median peer and 0.0% for the India market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 10.7% over the last twelve months (peer median +8.3%); the operating margin is -24.9% (peer median 2.9%).

Valuation It trades at 3.4× enterprise value to sales against a peer median of 1.5× (5th most expensive of 21).

Capital Return on invested capital runs 19.5 points below its cost of capital (16.7% WACC).

Relative performance

Six months, rebased to 100: Kiri Industries against the median of its 20 peers (local-currency closes).

Kiri Industries financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	₹9.50B	₹8.40B	₹7.40B	₹7.09B	₹9.45B
Revenue growth	—	+13%	+4%	-25%	—
Gross profit	₹1.38B	-₹622M	-₹97.3M	-₹556M	-₹164M
EBITDA	-₹1.89B	-₹959M	-₹502M	-₹575M	-₹285M
Net income	₹58.5B	₹55.7B	₹2.65B	₹1.66B	₹1.07B
Free cash flow	n/a	₹42.5B	-₹7.61B	-₹708M	₹635M
Capital expenditure	n/a	₹2.87B	₹4.07B	₹78.3M	₹222M
Total debt	n/a	₹418M	₹11.2B	₹1.22B	₹487M

Quarterly statements and history in the cockpit →

Kiri Industries competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Kiri Industries is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Kiri Industries is the large dot.

Kiri Industries competitors and peer comparison

How Kiri Industries compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Kiri Industries against its 20 peers (data as of 6 Nov 2026)
Measure	KIRIINDUS.NS	Peer median	Rank in peer set
1-month return	-10.1%	-15.3%	7th highest of 21
6-month return	+15.7%	-25.1%	highest of 21
Distance from 52-week high	-35.8%	-47.2%	5th highest of 21
Revenue growth (TTM)	+10.7%	+8.3%	9th highest of 21
Operating margin	-24.9%	2.9%	3rd lowest of 21
EV / Sales	3.4×	1.5×	5th most expensive of 21
ROIC minus cost of capital	-19.5 pp	-3.6 pp	lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Kiri Industries KIRIINDUS.NS	India	$345M	+16%	+11%	-25%	3.4×	n/a	n/a
Styrenix Performance Materials STYRENIX.NS	India	$345M	-20%	+10%	9%	1.0×	17.4%	+16.1%
Toyo Gosei 4970.T	Japan	$346M	-55%	+16%	12%	1.7×	15.9%	+9.1%
Wuxi Acryl Technology 603722.SS	China	$346M	-37%	+34%	-15%	3.7×	n/a	n/a
Gevo GEVO	United States	$344M	-24%	+121%	-30%	2.6×	n/a	n/a
Juheshun Advanced Material 605166.SS	China	$348M	-37%	-19%	2%	0.7×	n/a	n/a
Zhejiang Wanfeng Chemical 603172.SS	China	$338M	-22%	+17%	11%	3.3×	n/a	n/a
Chongqing Jiheng Pharmaceutical 002742.SZ	China	$354M	-26%	-48%	-20%	5.8×	n/a	n/a
Tomoe Engineering 6309.T	Japan	$336M	+3%	+2%	9%	0.7×	n/a	n/a
Longxing Technology 002442.SZ	China	$335M	-27%	+7%	1%	0.9×	n/a	n/a
Henan Qingshuiyuan Technology 300437.SZ	China	$358M	-38%	+13%	-1%	2.7×	28.1%	-6.8%
Jiangsu HSC New Energy Materials 688353.SS	China	$332M	-35%	+153%	39%	1.1×	n/a	n/a
Stella Chemifa 4109.T	Japan	$332M	-22%	+4%	12%	1.2×	6.5%	+2.3%
Guangdong Quanwei Technology 300716.SZ	China	$331M	+2%	+47%	-333%	24.4×	n/a	n/a
Sakai Chemical Industry 4078.T	Japan	$362M	-16%	0%	8%	0.6×	-3.4%	-0.8%
Anhui Annada Titanium Industry 002136.SZ	China	$327M	-33%	+12%	2%	1.3×	n/a	n/a
PCC Rokita Spolka Akcyjna PCR.WA	Poland	$327M	-7%	-6%	3%	1.0×	16.1%	+4.1%
Aekyung Chemical 161000.KS	South Korea	$326M	-41%	+3%	2%	0.6×	n/a	n/a
Grauer & Weil India GRAUWEIL.NS	India	$367M	+9%	+10%	13%	2.8×	29.0%	+14.6%
Chung Hwa Chemical Industrial Works 1727.TW	Taiwan	$325M	-4%	+5%	5%	5.5×	n/a	n/a
Guangdong Huiyun Titanium Industry 300891.SZ	China	$368M	-29%	+2%	0%	2.0×	16.9%	+12.8%

Questions

Which companies are Kiri Industries's closest peers?: The cockpit's peer set: Styrenix Performance Materials (STYRENIX.NS), Toyo Gosei (4970.T), Wuxi Acryl Technology (603722.SS), Gevo (GEVO), Juheshun Advanced Material (605166.SS), Zhejiang Wanfeng Chemical (603172.SS), Chongqing Jiheng Pharmaceutical (002742.SZ), Tomoe Engineering (6309.T).
Is Kiri Industries expensive compared with its peers?: On ev / sales it trades at 3.4× against a peer median of 1.5×, 5th most expensive of 21 in its peer set.
How has Kiri Industries stock performed?: Over six months to 6 Nov 2026 the shares returned +15.7% against -25.1% for the median peer; over one year -9.1%.