IFGL Refractories Ltd

IFGL Refractories Ltd

₹ 506 -3.51%
10 Jun - close price
About

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]

Key Points

Product Portfolio
The Co.'s products include Slide Gate Systems, Purging Systems, Ladle Lining & Ladle Refractories, Tundish Furniture & Tundish Refractories, and others. [1]

  • Market Cap 1,816 Cr.
  • Current Price 506
  • High / Low 698 / 326
  • Stock P/E 42.2
  • Book Value 307
  • Dividend Yield 1.38 %
  • ROCE 5.71 %
  • ROE 3.94 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 40.5%

Cons

  • Company has a low return on equity of 6.58% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
361.22 359.32 343.08 315.97 368.13 423.85 455.52 366.18 393.94 414.54 411.12 378.84 448.53
323.91 325.28 306.87 281.65 319.76 367.86 387.74 370.36 359.16 368.44 378.51 362.16 415.30
Operating Profit 37.31 34.04 36.21 34.32 48.37 55.99 67.78 -4.18 34.78 46.10 32.61 16.68 33.23
OPM % 10.33% 9.47% 10.55% 10.86% 13.14% 13.21% 14.88% -1.14% 8.83% 11.12% 7.93% 4.40% 7.41%
5.35 0.49 2.56 2.34 7.76 3.45 3.94 4.16 7.22 6.93 3.91 2.89 3.68
Interest 0.55 1.31 1.58 1.26 0.69 2.54 2.43 2.72 3.35 2.62 3.44 3.53 4.16
Depreciation 14.77 13.06 13.26 13.38 15.85 15.61 15.51 15.70 17.45 17.08 17.70 18.00 19.96
Profit before tax 27.34 20.16 23.93 22.02 39.59 41.29 53.78 -18.44 21.20 33.33 15.38 -1.96 12.79
Tax % 24.29% 27.83% 18.72% 28.29% 25.69% 28.29% 29.34% -108.24% 40.85% 26.04% 21.46% 11.22% 34.09%
20.70 14.55 19.45 15.79 29.42 29.61 38.00 1.52 12.54 24.65 12.08 -2.18 8.43
EPS in Rs 5.74 4.04 5.40 4.38 8.16 8.22 10.54 0.42 3.48 6.84 3.35 -0.60 2.34
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
766 835 950 917 1,022 1,260 1,386 1,639 1,653
667 729 841 825 865 1,117 1,233 1,485 1,524
Operating Profit 99 106 109 92 157 143 153 155 129
OPM % 13% 13% 12% 10% 15% 11% 11% 9% 8%
4 4 4 -10 19 16 13 18 17
Interest 5 4 4 4 3 3 5 11 14
Depreciation 44 44 46 48 49 51 56 64 73
Profit before tax 55 63 64 30 124 104 106 98 60
Tax % 8% 25% 21% 35% 47% 25% 25% 17% 28%
50 47 50 19 66 77 79 82 43
EPS in Rs 171.36 13.07 14.00 5.40 18.20 21.50 21.98 22.66 11.93
Dividend Payout % 1% 15% 18% 46% 55% 33% 32% 31% 59%
Compounded Sales Growth
10 Years: %
5 Years: 13%
3 Years: 9%
TTM: 1%
Compounded Profit Growth
10 Years: %
5 Years: 7%
3 Years: -18%
TTM: -47%
Stock Price CAGR
10 Years: %
5 Years: 32%
3 Years: 22%
1 Year: -15%
Return on Equity
10 Years: %
5 Years: 7%
3 Years: 7%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 3 36 36 36 36 36 36 36 36
Reserves 650 716 759 773 854 898 969 1,036 1,071
84 112 89 65 64 99 160 174 213
158 134 135 150 230 253 261 244 298
Total Liabilities 894 999 1,019 1,024 1,184 1,286 1,426 1,490 1,618
471 461 454 440 416 422 500 517 593
CWIP 2 8 6 7 22 25 46 104 27
Investments 12 13 46 94 128 135 132 126 105
409 516 513 483 618 704 748 743 893
Total Assets 894 999 1,019 1,024 1,184 1,286 1,426 1,490 1,618

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
28 41 109 150 139 4 6 152 28
-9 -40 -70 -50 -97 -26 -118 -115 -37
-4 18 -37 -66 -5 -7 50 -24 -4
Net Cash Flow 14 19 3 33 38 -29 -62 13 -13

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 109 124 88 84 82 79 92 72 79
Inventory Days 94 94 120 113 129 154 153 132 179
Days Payable 118 109 95 99 119 111 94 79 104
Cash Conversion Cycle 85 110 112 98 91 122 151 126 154
Working Capital Days 97 120 102 87 83 103 120 99 139
ROCE % 8% 8% 6% 14% 11% 10% 9% 6%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
72.43% 72.44% 72.44% 72.44% 72.44% 72.44% 72.44% 72.44% 72.44% 72.44% 72.44% 72.44%
0.00% 0.04% 0.02% 0.00% 0.04% 0.03% 0.37% 0.27% 0.18% 0.18% 0.13% 0.12%
10.60% 10.46% 10.45% 10.45% 10.46% 11.82% 11.70% 13.52% 13.77% 14.00% 13.72% 13.62%
16.96% 17.07% 17.08% 17.12% 17.07% 15.69% 15.49% 13.75% 13.61% 13.38% 13.71% 13.81%
No. of Shareholders 19,51119,62619,18818,93618,42720,07821,43018,90118,46618,25519,16818,613

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls