IFGL REFRACTORIES LIMITED
Latest filings
- IFGL Refractories terminates JV agreement with Marvels International · Strategic Transactions
- Filing of compliance certificate under SEBI Regulation 74(5) for Q2 FY26 · Compliance
- IFGL Refractories: Postal Ballot approves new CEO India appointment · Board & Shareholder Meetings
Snapshot
What the business is, and whether it's a good one at a fair price.
Makes refractories — heat-resistant ceramic products that line steel-making furnaces, ladles and continuous-casting equipment — and sells them to steel producers in India, Europe, the Americas and Asia. India is the largest market, contributing ₹1,101.91 cr (58.2% of FY26 segment revenue) and growing 25% YoY in 9M FY26. The Total Refractories Management (TRM) service model — under which the company supplies and manages refractories on the customer's site — now contributes 35-40% of monthly revenue. Europe (₹429.03 cr) is loss-making at the EBIT level, dragged by the UK Monocon business; America (₹337.87 cr) is profitable at ₹29.06 cr EBIT. Major capex is underway: a ₹325 cr greenfield plant at Khordha (target FY28) and a ₹300 cr JV plant in Gujarat with Marvel Refractories (target FY29). Materials account for 48.5% of revenue and employees 17.1%; FY26 EBITDA margin was 7.42% on ₹1,894.25 cr of revenue.
Scorecard
Measured from the filed financials, judged against its Electrodes & Refractories peers · as of FY26 — not investment advice
Strengths
Concerns
Charts
How has the market priced it — with filings on the timeline?
IFGLEXPOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from IFGL REFRACTORIES LIMITED's filed financials and exchange disclosures
What does IFGL REFRACTORIES LIMITED do?
IFGL REFRACTORIES LIMITED is a Industrial Products company listed on NSE and BSE, trading under the symbol IFGLEXPOR.
Is IFGL REFRACTORIES LIMITED profitable?
Yes. Over the trailing twelve months IFGL REFRACTORIES LIMITED reported a net profit of ₹41 Cr on revenue of ₹1,953 Cr.
Does IFGL REFRACTORIES LIMITED pay a dividend?
Yes. The dividend yield is 2.06% at the current price. It paid out 73% of its profit as dividend in FY26.
Is IFGL REFRACTORIES LIMITED debt-free?
No. It reported borrowings of ₹196 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹143 Cr after cash. Debt stands at 0.17× equity. That is higher than 89% of its 10 Electrodes & Refractories peers.
Is IFGL REFRACTORIES LIMITED expensive compared with its peers?
On trailing P/E, IFGL REFRACTORIES LIMITED ranks 4 of 9 in Electrodes & Refractories — cheaper than 63% of them, against an industry median of 30.3×. This is a position, not a valuation judgement.
How much does the IFGL REFRACTORIES LIMITED share price move in a day?
On a typical session IFGL REFRACTORIES LIMITED moves 1.82% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
Where can I track IFGL REFRACTORIES LIMITED's announcements?
Every NSE and BSE filing by IFGL REFRACTORIES LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.