Keerthi Industries
52.68
+4.68(+9.75%)
Market Cap₹42.25 Cr
PE Ratio-2.20
IndustryConstruction
Company Performance:
1D+9.75%
1M-13.55%
6M-29.51%
1Y-27.49%
5Y-41.14%
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More news about Keerthi Industries
21Feb 26
Keerthi Industries Receives Legal Notice for Rs 2.31 Crore Cheque Dishonour from Coal Supplier
Keerthi Industries Limited disclosed receiving a legal notice from coal supplier J P Associates for dishonoured cheques worth Rs 2,30,93,037 under Section 138 of the Negotiable Instruments Act. The issue stems from working capital constraints with Axis Bank Limited. The company maintains there is no material impact on operations and is in discussions with the vendor for notice withdrawal.
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14Feb 26
Keerthi Industries Limited Announces Q3 FY26 Financial Results with Revenue of Rs. 1,588.88 Lakhs
Keerthi Industries Limited announced Q3 FY26 results showing revenue from operations of Rs. 1,588.88 lakhs, down from Rs. 2,484.44 lakhs in Q3 FY25. The company reported a net loss of Rs. 570.42 lakhs for the quarter. The board approved transfer of unclaimed dividend of Rs. 7,95,618.90 to IEPF Authority and amendments to Related Party Transactions policy. The company continues managing discontinued operations including Electronics Division transfer and has identified Sugar Division land worth Rs. 487.58 lakhs for sale.
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08Jan 26
Keerthi Industries Limited Receives Credit Rating Reaffirmation from CARE Ratings at 'CARE B; Stable'
CARE Ratings reaffirmed Keerthi Industries Limited's credit rating at 'CARE B; Stable' for ₹30.26 crore bank facilities despite significant operational challenges in FY25, including capacity utilization decline to 43% and revenue drop of 44% to ₹119.88 crore. The rating considers the company's experienced management, integrated limestone mining operations, promoter financial support, and recent debt repayment from electronics division sale proceeds, with stable outlook expecting gradual improvement in cement sector demand and pricing.
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28Nov 25
Keerthi Industries Extends Electronics Division Sale Deadline to December 31, 2025
Keerthi Industries Limited has delayed the completion of its Electronics Division slump sale to Hyderabad Bottling Co. Private Limited. The INR 36.00 crore transaction's deadline has been extended from November 30, 2025, to December 31, 2025, due to pending regulatory and operational documentation. The Electronics Division contributed 19.87% of Keerthi Industries' total income in FY2024-25. The company plans to use the sale proceeds to repay INR 55.65 crore in debt, including bank facilities and unsecured loans.
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13Nov 25
Keerthi Industries Reports Widened Q2 Losses, Appoints New Company Secretary
Keerthi Industries Limited reported a net loss of ₹782.45 lakh in Q2 FY2026, up 73.2% from the previous year. Revenue from operations decreased by 7.7% to ₹2,738.35 lakh. The cement segment recorded a loss of ₹610.84 lakh before tax and finance costs. Ms. Anupama Iyer was appointed as the new Company Secretary and Compliance Officer. The company is transferring its Electronics Division to Hyderabad Bottling Co. Pvt. Ltd. through a slump sale.
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31Oct 25
Keerthi Industries Announces Resignation of Company Secretary, Managing Director to Serve as Interim Compliance Officer
Keerthi Industries Limited announced the resignation of Ms. Ashdeep Kaur as Company Secretary and Compliance Officer, effective October 31, 2025. The Board accepted her resignation, citing reasons including seeking new challenges and lack of career advancement. Mr. Seshagiri Rao Jasti, the Managing Director, will serve as interim Compliance Officer until a replacement is appointed. The company has made necessary disclosures to BSE Limited in compliance with SEBI regulations.
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Keerthi Industries
52.68
+4.68
(+9.75%)
1 Year Returns:-27.49%
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