Kiri Industries Ltd

Kiri Industries Expands into Copper & Fertilizers with Major ₹8,100 Crore Project ⚡️🏭

• Received USD 689 million (~INR 5,854 crore) from DyStar legal dispute resolution

• Diversifying into copper smelting and fertilizer manufacturing via subsidiary Indo Asia Copper Limited

• 500,000 MTPA copper smelter project in Jafrabad, Gujarat with estimated cost of INR 8,100 crore

• Projected IRR of ~25% for copper smelter project

• Integrated fertilizer unit with 1,050,000 MTPA NP/NPK fertilizers production capacity

• Utilizes sulfuric acid by-products from copper smelting

• Maintains core specialty chemicals business manufacturing dyes, intermediates, and basic chemicals

• Global presence in 50+ countries

• Standalone PAT surged to INR 50,678 crore in 9M-FY26 due to exceptional income from DyStar resolution

• Targeting 36-month completion timeline for new projects