Kiri Industries submits FY26 business responsibility report

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Kiri Industries filed its standalone BRSR for FY26 on September 3, 2026
  • Exports contributed 15% of total turnover across 26 countries
  • Permanent employee turnover rate rose to 13.39% from 12.89%
  • Non-renewable energy consumption increased to 1,269.73 TJ
  • Waste recycling volume fell 44% while total waste generation stayed flat
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*this image is generated using AI for illustrative purposes only.

Kiri Industries filed its Business Responsibility and Sustainability Report (BRSR) for FY26 with stock exchanges on September 3, 2026. The disclosure covers standalone operations across dyes, intermediates, and basic chemicals.

The company operates five plants and four offices in India, alongside one international office. It serves customers in 13 domestic states and 26 countries, with exports contributing 15% of total turnover.

Workforce Metrics

As of March 31, 2026, the company employed 787 permanent staff and engaged 482 non-permanent workers. Female representation stood at 3.43% among employees and 11% among workers.

Category Total Count Male Female
Permanent Employees 787 760 27
Non-permanent Workers 482 429 53

The turnover rate for permanent employees was 13.39% in FY26, up from 12.89% in FY25. No permanent workers were recorded during the period.

Environmental Performance

Total energy consumption from non-renewable sources rose to 1,269.73 TJ in FY26 from 1,224.19 TJ in FY25. Water withdrawal decreased to 8,66,211 kilolitres from 9,24,200 kilolitres the prior year.

Scope 1 greenhouse gas emissions increased to 8,282.83 metric tonnes of CO2 equivalent per month. Scope 2 emissions fell slightly to 2,397.50 metric tonnes per month.

What the Numbers Show

Waste recycling volumes contracted sharply despite stable total waste generation. Total waste generated remained nearly flat at 1,11,487 metric tonnes in FY26 versus 1,13,602 metric tonnes in FY25. However, waste recovered through recycling dropped by 44% to 35,531 metric tonnes from 63,789 metric tonnes. This divergence suggests a shift toward other disposal methods or changes in process efficiency regarding recoverable by-products.

Governance and Safety

The company reported zero lost-time injuries for both employees and workers in FY26. One recordable work-related injury was reported for employees, down from two in FY25. All manufacturing units maintain ISO 45001:2018 certification for occupational health and safety.

Historical Stock Returns for Kiri Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+10.56%+12.16%+39.62%+33.15%+10.18%+12.65%

How does Kiri Industries plan to reverse the 44% decline in waste recycling volumes while maintaining stable total waste generation in FY27?

What specific strategies will the company implement to reduce its rising non-renewable energy consumption and Scope 1 greenhouse gas emissions?

Given the low female representation (3.43% among permanent employees), what diversity and inclusion initiatives are planned to improve gender balance in the workforce?

Kiri Industries board approves ₹288.92 crore warrant sale at ₹475

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Kiri Industries board approves sale of 60.83 lakh warrants
  • Issue price set at ₹475 per warrant
  • Total fundraise amounts to ₹288.92 crore
  • Decision made during August 31, 2026 board meeting
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Kiri Industries board approved the sale of 60.83 lakh warrants at ₹475 each, raising a total of ₹288.92 crore. The decision was taken during the meeting held on August 31, 2026.

Fundraise details

The company moved from considering proposals to finalizing the instrument structure. The board opted for warrants instead of equity shares or convertible securities, which were previously under evaluation. The issue price of ₹475 per warrant defines the capital raise of ₹288.92 crore.

Meeting context

The Board of Directors met at the registered office in Ahmedabad on August 31, 2026. The agenda included finalizing the Annual General Meeting (AGM) to seek shareholder approval for the proposal.

The trading window for dealing in the company's securities remained closed from August 26, 2026, until 48 hours after the closure of the meeting, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key details at a glance

Parameter Details
Instrument Warrants
Quantity 60.83 lakh
Price per unit ₹475
Total proceeds ₹288.92 crore
Approval date August 31, 2026

Historical Stock Returns for Kiri Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+10.56%+12.16%+39.62%+33.15%+10.18%+12.65%

What is the exercise price and expiry date for these warrants, and how might they impact future equity dilution?

How does the shift from convertible securities to warrants reflect management's strategy regarding current valuation and investor sentiment?

What specific projects or debt obligations is Kiri Industries planning to fund with the ₹288.92 crore raised?

More News on Kiri Industries

1 Year Returns:+10.18%