IFGL Refractories Limited

Capital Goods · Industrial Products

NSE: IFGLEXPOR BSE: 540774

₹191.45

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Industrial Products

The largest companies in the same industry by market cap. This company ranks #107 of 335. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Cummins India Limited	131,947	57.8	27.9%	23.7%	1.39%	84	0	27
Polycab India Limited	120,900	43.0	22.3%	9.2%	0.59%	83	27	61
Welspun Corp Limited	71,672	81.9	17.2%	217.6%	0.18%	71	0	53
APL Apollo Tubes Limited	60,810	105.9	22.7%	26.5%	—	68	0	51
Supreme Industries Limited	43,837	46.5	15.5%	-17.6%	—	76	0	49
KEI Industries Limited	42,590	42.7	13.8%	10.4%	0.10%	70	29	61
Astral Limited	36,816	56.6	13.2%	-0.4%	—	76	12	12
AIA Engineering Limited	36,106	27.9	15.8%	19.1%	0.41%	71	29	61
IFGL Refractories Limited (this stock)	1,380	34.6	3.0%	-32.3%	1.12%	54	49	30

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹1,507 Cr

EV / EBITDA

13.2x

EV / Sales

1.33x

Market cap / Sales

1.22x

Earnings yield

2.89%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 299 Cr, up 7.4% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 16 Cr, up 7.1% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	297	21	16	₹2.1900
March 31, 2026	276	14	13	₹1.7800
Dec. 31, 2025	271	-5	-4	₹-0.5000
Sept. 30, 2025	287	20	15	₹2.0600
June 30, 2025	275	20	15	₹2.0500
March 31, 2025	270	22	17	₹4.6900
Dec. 31, 2024	233	6	5	₹1.3900
Sept. 30, 2024	254	17	14	₹3.7900
June 30, 2024	242	29	22	₹6.1100
March 31, 2024	209	22	16	₹4.3200
Dec. 31, 2023	197	-24	-3	₹-0.8500
Sept. 30, 2023	260	44	30	₹8.3600
June 30, 2023	227	33	23	₹6.2400

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	299	278	272	288	278	273	235	257	248	216	200	264	230
Operating revenue	297	276	271	287	275	270	233	254	242	209	197	260	227
Other income	2	1	2	2	3	3	2	4	7	6	3	4	3
Operating expenses	267	245	255	251	241	233	213	224	204	178	210	206	184
Operating profit	29	32	16	36	35	37	20	30	38	31	-13	54	43
Operating profit margin	9.8%	11.5%	6.0%	12.5%	12.7%	13.8%	8.5%	11.7%	15.6%	14.9%	-6.7%	20.6%	19.0%
Depreciation	8	15	15	15	14	15	13	13	13	13	11	11	12
Interest	2	3	3	3	4	3	3	3	2	3	3	2	2
Exceptional items, gain / (loss)	—	-0	-5	—	—	—	—	—	—	—	—	—	—
Profit before tax	21	14	-5	20	20	22	6	17	29	22	-24	44	33
Tax	5	2	-1	5	5	5	1	4	7	6	-21	14	10
Net profit	16	13	—	15	15	17	5	14	22	16	-3	30	23
EPS	2.19	1.78	-0.50	2.06	2.05	4.69	1.39	3.79	6.11	4.32	-0.85	8.36	6.24
Net profit (TTM)	—	—	—	52	50	58	56	48	65	65	72	88	72
EPS (TTM)	5.53	5.39	8.30	10.19	11.92	15.98	15.61	13.37	17.94	18.07	20.11	24.38	19.89

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	1,109	49	39
March 31, 2025	998	75	58
March 31, 2024	893	74	65
March 31, 2023	833	85	61

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 19
Total income (before exceptional items)	9.7%	11.2%	1,117^†	1,014^†	910^†	846^†	801^†	656^†	483^†
Operating revenue	10.0%	11.3%	1,109	998	893	833	787^†	649^†	479^†
Other income	—	—	7^†	16^†	17^†	12^†	14^†	7^†	4^†
Operating expenses	—	—	991^†	873^†	778^†	711^†	670^†	513^†	407^†
Operating profit	-0.9%	-2.7%	119^†	124^†	115^†	122^†	117^†	136^†	72^†
Operating profit margin	—	—	10.7%^†	12.4%^†	12.9%^†	14.6%^†	14.9%^†	21.0%^†	15.0%^†
Depreciation	—	—	59^†	54^†	47^†	44^†	41^†	39^†	39^†
Interest	—	—	13^†	12^†	10^†	5^†	3^†	2^†	4^†
Exceptional items, gain / (loss)	—	—	-5^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	-16.8%	-13.5%	49	75	74	85	87^†	101^†	33^†
Tax	—	—	10^†	17^†	9^†	24^†	24^†	56^†	7^†
Net profit	-14.0%	-2.8%	39	58	65	61	63^†	45^†	26^†
EPS	-31.8%	-15.4%	5.39^†	15.98^†	18.07^†	16.97^†	17.54^†	12.43^†	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 19
Operating margin	10.7%^†	12.4%^†	12.9%^†	14.6%^†	14.9%^†	21.0%^†	15.0%^†
EBIT margin	5.6%^†	8.7%^†	9.4%^†	10.8%^†	11.5%^†	16.0%^†	7.7%^†
PBT margin	4.4%	7.5%	8.3%	10.2%	11.1%^†	15.6%^†	6.8%^†
Net margin	3.5%	5.8%	7.3%	7.3%	8.0%^†	6.9%^†	5.4%^†
Interest coverage	4.88x^†	7.33x^†	8.49x^†	19.70x^†	30.16x^†	43.92x^†	8.92x^†
Dividend payout	129.9%^†	43.8%^†	38.7%^†	41.2%^†	22.8%^†	0.0%^†	—
Earnings retention	-29.9%^†	56.2%^†	61.3%^†	58.8%^†	77.2%^†	100.0%^†	—
Current ratio	2.35x	2.19x	—	—	—	—	—
Quick ratio	1.36x	1.23x	—	—	—	—	—
Debt to equity	0.18x	0.21x	—	—	—	—	—
Return on equity	5.5%	8.3%	—	—	—	—	—
Return on assets	3.8%	5.6%	—	—	—	—	—
Return on capital employed	8.3%^†	11.4%^†	—	—	—	—	—
Asset turnover	1.10x	0.97x	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	51	3	-54	39	12
March 31, 2025	24	-20	-4	53	-29
March 31, 2024	116	-85	-31	103	14
March 31, 2023	62	-59	-3	73	-10
March 31, 2022	10	-8	-2	50	-40

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	1,013	708	636	108	20	618	263	1	262	259
March 31, 2025	1,032	694	658	110	33	609	277	0	267	267
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.