IFGL Refractories Ltd is a manufacturer of Specialized refractories and requisite operating systems for Iron and Steel Industry.[1]It is promoted by the S.K. Bajoria Group of India and Krosaki Harima Corporation of Japan, a global leader in the refractories business.[2]
Product PortfolioThe Co.'s products include Slide Gate Systems, Purging Systems, Ladle Lining & Ladle Refractories, Tundish Furniture & Tundish Refractories, and others.[1]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Graphite India | 672.55 | 54.52 | 13139.99 | 1.64 | 76.00 | -60.51 | 729.00 | 13.37 | 10.11 | 2583.00 | 4.53 | 241.00 | 77.00 | 2.23 | 6.49 | 0.05 |
| 2. | HEG | 637.50 | 47.70 | 12302.32 | 0.28 | 143.33 | 74.20 | 699.22 | 23.19 | 3.96 | 2336.78 | 9.62 | 257.89 | 143.33 | 2.64 | 2.03 | 0.14 |
| 3. | RHI Magnesita | 481.95 | 63.25 | 9952.34 | 0.52 | 38.35 | -16.47 | 1035.36 | 19.41 | 7.06 | 3924.35 | 10.95 | 157.34 | 38.35 | 2.48 | 3.97 | 0.10 |
| 4. | Vesuvius India | 480.00 | 39.96 | 9742.12 | 0.30 | 61.54 | -10.11 | 547.04 | 23.16 | 25.47 | 2062.20 | 16.91 | 243.78 | 61.54 | 6.40 | 14.74 | 0.01 |
| 5. | Raghav Product. | 930.15 | 93.94 | 4270.50 | 0.11 | 13.84 | 58.17 | 63.59 | 29.46 | 25.80 | 227.72 | 27.83 | 45.46 | 13.84 | 19.86 | 17.29 | 0.03 |
| 6. | IFGL Refractori. | 208.25 | 29.13 | 1501.04 | 1.68 | 14.86 | 8.78 | 286.79 | 13.08 | 10.70 | 1064.71 | 11.99 | 51.53 | 14.86 | 2.15 | 5.91 | 0.24 |
| 7. | Monolithisch Ind | 486.25 | 60.12 | 1056.91 | 0.00 | 8.82 | 57.22 | 57.28 | 39.71 | 61.16 | 113.63 | 21.38 | 17.58 | 8.82 | 9.07 | 34.47 | 0.00 |
| – | Median: 13 Co. | 486.25 | 39.96 | 1056.91 | 0.3 | 8.82 | 18.88 | 63.59 | 23.16 | 16.82 | 227.72 | 15.29 | 25.28 | 8.82 | 2.48 | 10.05 | 0.05 |
Standalone figures in ₹ crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 182 | 197 | 233 | 227 | 242 | 275 | 210 | 209 | 270 | 216 | 260 | 254 | 287 |
Expenses | 154 | 210 | 213 | 184 | 204 | 241 | 171 | 178 | 233 | 189 | 206 | 224 | 251 |
Operating Profit | 28 | -13 | 20 | 43 | 38 | 35 | 39 | 31 | 37 | 27 | 54 | 30 | 36 |
Other Income | 2 | 3 | 2 | 3 | 7 | 3 | 7 | 6 | 3 | 2 | 4 | 4 | 2 |
Profit before tax | 18 | -24 | 6 | 33 | 29 | 20 | 33 | 22 | 22 | 18 | 44 | 17 | 20 |
Tax % | 30% | -87% | 15% | 31% | 25% | 25% | 30% | 29% | 23% | 22% | 31% | 21% | 26% |
Net Profit | 12 | -3 | 5 | 23 | 22 | 15 | 23 | 16 | 17 | 14 | 30 | 14 | 15 |
EPS in Rs | 1.71 | -0.43 | 0.70 | 3.12 | 3.05 | 2.04 | 3.18 | 2.16 | 2.35 | 1.93 | 4.18 | 1.89 | 2.06 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 47 | 372 | 443 | 489 | 499 | 649 | 787 | 833 | 893 | 998 | 1,065 |
Expenses | 35 | 321 | 369 | 416 | 427 | 510 | 669 | 710 | 777 | 873 | 937 |
Operating Profit | 11 | 51 | 75 | 73 | 72 | 139 | 119 | 123 | 116 | 125 | 128 |
Other Income | 0 | 3 | 2 | 3 | 8 | 6 | 14 | 12 | 17 | 16 | 10 |
Interest | 2 | 4 | 5 | 5 | 4 | 4 | 4 | 6 | 11 | 13 | 13 |
Depreciation | 3 | 37 | 38 | 39 | 39 | 39 | 41 | 44 | 47 | 54 | 57 |
Profit before tax | 7 | 13 | 34 | 33 | 36 | 101 | 87 | 85 | 74 | 75 | 67 |
Net Profit | 7 | 18 | 23 | 26 | 30 | 45 | 63 | 61 | 65 | 58 | 52 |
EPS in Rs | 15.23 | 31.31 | 3.13 | 3.60 | 4.12 | 6.22 | 8.77 | 8.48 | 9.03 | 7.99 | 7.15 |
Dividend Payout % | 0% | 3% | 32% | 35% | 30% | 80% | 40% | 41% | 39% | 44% | – |
Standalone figures in ₹ crores
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 3 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 72 |
Reserves | 24 | 439 | 453 | 470 | 478 | 523 | 550 | 586 | 626 | 658 | 626 |
Borrowings | 23 | 71 | 90 | 67 | 41 | 46 | 86 | 115 | 119 | 153 | 167 |
Other Liabilities | 9 | 97 | 75 | 68 | 82 | 147 | 161 | 136 | 137 | 185 | 252 |
Total Liabilities | 58 | 610 | 654 | 641 | 637 | 752 | 833 | 873 | 917 | 1,032 | 1,118 |
Fixed Assets | 31 | 304 | 277 | 261 | 257 | 227 | 234 | 249 | 256 | 313 | 297 |
Gross Block | 43.58 | 423.55 | 428.26 | 440.52 | 472.03 | 476.68 | 519.94 | 573.42 | 622.06 | 731.52 | – |
Accumulated Depreciation | 12.48 | 119.09 | 151.74 | 179.79 | 214.85 | 249.73 | 285.93 | 324.08 | 366.44 | 418.12 | – |
CWIP | 0 | 1 | 3 | 6 | 4 | 18 | 15 | 30 | 77 | 7 | 11 |
Investments | 0 | 69 | 69 | 102 | 150 | 184 | 191 | 189 | 183 | 164 | 125 |
Other Assets | 27 | 236 | 305 | 272 | 226 | 323 | 393 | 406 | 402 | 547 | 684 |
Total Assets | 58 | 610 | 654 | 641 | 637 | 752 | 833 | 873 | 917 | 1,032 | 1,118 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 11 | -7 | 10 | 91 | 119 | 91 | 10 | 63 | 116 | 24 |
Cash from Investing Activity | -2 | 5 | -19 | -56 | -50 | -101 | -8 | -59 | -85 | -20 |
Cash from Financing Activity | -9 | 3 | 9 | -35 | -62 | 3 | -2 | -4 | -31 | -4 |
Net Cash Flow | 0 | 1 | 0 | -1 | 7 | -8 | -0 | -0 | 0 | 0 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 148 | 152 | 170 | 105 | 92 | 88 | 84 | 88 | 78 | 82 |
Inventory Days | 90 | 88 | 80 | 126 | 105 | 121 | 157 | 137 | 136 | 186 |
Days Payable | 167 | 115 | 110 | 89 | 89 | 102 | 100 | 63 | 76 | 101 |
Cash Conversion Cycle | 72 | 124 | 141 | 142 | 108 | 107 | 140 | 162 | 138 | 168 |
Working Capital Days | -27 | 72 | 88 | 75 | 68 | 66 | 78 | 94 | 79 | 85 |
ROCE % | – | 6% | 7% | 6% | 6% | 18% | 14% | 13% | 11% | 11% |
Direct from BSE filings, auto-summarised
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