Is IFGL Refractories Ltd (IFGLEXPOR) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that IFGL Refractories Ltd is a average quality company .

Is IFGL Refractories Ltd (IFGLEXPOR) undervalued or overvalued?

The key valuation ratios of IFGL Refractories Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is IFGL Refractories Ltd (IFGLEXPOR) share price return in the past 10 years?

Data is not available for this company

Is IFGL Refractories Ltd (IFGLEXPOR) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of IFGL Refractories Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the share price of IFGL Refractories Ltd (IFGLEXPOR)?

Company share prices are keep on changing according to the market conditions. The current trading price of IFGL Refractories Ltd (IFGLEXPOR) on 17-Apr-2026 16:59:59 at 16:59 is 181.60.

What is the P/E ratio of IFGL Refractories?

The latest standalone P/E ratio of IFGL Refractories as of 17-Apr-2026 is 30.48.

What is the P/B ratio of IFGL Refractories Ltd (IFGLEXPOR)?

The latest standalone P/B ratio of IFGL Refractories Ltd (IFGLEXPOR) as of 17-Apr-2026 is 1.88.

What is the 52-week high and low of IFGL Refractories Ltd (IFGLEXPOR)?

The 52-week high of IFGL Refractories Ltd (IFGLEXPOR) is Rs. 339.50 and the 52-week low is Rs. 120.10.

IFGL Refractories Ltd (IFGLEXPOR) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: IFGL Refractories Ltd (IFGLEXPOR)
Brand: IFGL Refractories

IFGL Refractories Ltd (IFGLEXPOR) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

BSE: 540774 NSE: IFGLEXPOR | Refractories | Small Cap

IFGL Refractories Ltd (IFGLEXPOR)

BSE: 540774 NSE: IFGLEXPOR

Key Metrics

Market Cap

₹1,309 Cr.

P/E Ratio

30.48

Price to Book (P/B)

1.88

Price to Sales (P/S)

1.19

EV/EBITDA

10.96

Return on Capital Employed (ROCE)

10.85%

Current Price

₹181.6

Return on Equity (ROE)

8.50%

Return on Assets (ROA)

5.20%

Operating Profit Margin

12.5%

Net Profit Margin

5.77%

Gross Profit Margin

12.9%

Book Value per Share

₹96.4

Sales Growth (YoY)

11.71%

Sales Growth (3 Years)

8.21%

Operating Profit Growth (1 Year)

7.89%

Operating Profit Growth (3 Years)

1.76%

Net Profit Growth (1 Year)

-11.53%

52-Week Low / High

₹120 / 340

Net Profit Growth (3 Years)

-3.05%

Dividend Yield

2.00%

Promoter Holding

72.43%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of IFGL Refractories Ltd?

IFGL Refractories Ltd revenue growth is 11.7% for FY-2025 , which is below its 5 year CAGR of 14.9% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of IFGL Refractories Ltd?

Promoters hold 72.43% of the IFGL Refractories Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of IFGL Refractories Ltd vs industry peers?

IFGL Refractories Ltd revenue CAGR is 14.88% , compared to the industry median CAGR of 4.42% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does IFGL Refractories Ltd belong to?

IFGL Refractories Ltd belongs to the Capital Goods & Industrial Consumables sector, operating specifically within the Refractories segment.

Q.1 Stock return of IFGL Refractories Ltd over the last decade?

Over the last 5 year(s), the stock has delivered a CAGR of 0.49% based on the current price.

DeciZen - make an informed investing decision on IFGL Refractories

Based on:

Data

Overall Rating ⓘ
Login to view analysis.

1. Quality

2. Valuation

3. Price Trend

IFGL Refractories stock performance

Key Ratios

Is IFGL Refractories Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	16.4%	5.7%	6.9%	6.5%	7.1%	18.4%	14.6%	13.1%	11.4%	10.9%	-
Value Creation Index ⓘ	0.2	-0.6	-0.5	-0.5	-0.5	0.3	0.0	-0.1	-0.2	-0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	46.5	372	443	489	499	649	787	833	893	998	1,103
Sales YoY Gr.	-	699.2%	19.2%	10.3%	2%	30.2%	21.3%	5.9%	7.2%	11.7%	-
Adj EPS ⓘ	9.7	30.1	2	3.6	4.2	6.3	8.7	8.6	8.9	8	6
YoY Gr.	-	209.9%	-93.3%	79.1%	15.3%	52.8%	37.5%	-2%	4.2%	-10.3%	-
BVPS (₹) ⓘ	44.8	757.5	67.9	70.2	71.3	77.6	81.3	86.3	91.8	96.3	96.4
Adj Net Profit ⓘ	5.7	17.6	14.5	25.9	29.9	45.7	62.9	61.6	64.2	57.6	43
Cash Flow from Ops. ⓘ	10.8	-6.8	9.6	90.7	119	90.9	9.8	63.4	117	24.4	-
Debt/CF from Ops. ⓘ	2.2	-10.5	9.4	0.7	0.3	0.4	7.7	1.7	0.9	5.8	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	40.6%	14.9%	8.2%	11.7%
Adj EPS ⓘ	-2.2%	14%	-2.9%	-10.3%
BVPSⓘ	8.9%	6.2%	5.8%	4.8%
Share Price	-	0.5%	14.2%	-3.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	24.8	7	3	5.2	5.9	8.5	11	10.2	10	8.5	6.2
Op. Profit Mgn % ⓘ	21.9	13.9	14.4	14.7	14.3	21.4	15.1	14.8	13	12.5	11.3
Net Profit Mgn % ⓘ	12.2	4.7	3.3	5.3	6	7	8	7.4	7.2	5.8	3.9
Debt to Equity ⓘ	0.9	0.2	0.2	0.1	0.1	0.1	0.1	0.2	0.2	0.2	-
Working Cap Days ⓘ	205	143	248	220	172	138	154	198	213	221	107
Cash Conv. Cycle ⓘ	101	66	125	128	103	77	89	111	107	107	55

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	6	4
TTM Sales (₹ Cr.)	1,103	1,860
BVPS (₹) ⓘ	96.4	157.4
Reserves (₹ Cr.) ⓘ	622	1,063
P/BV ⓘ	1.88	1.15
PE ⓘ	30.48	45.37

From the Market
52 Week Low / High (₹)	120.10 / 339.50
All Time Low / High (₹)	32.05 / 467.75
Market Cap (₹ Cr.)	1,309
Equity (₹ Cr.)	72.1
Face Value (₹)	10
Industry PE ⓘ	42.9

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of IFGL Refractories - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	47	372	443	489	499	649	787	833	893	998
Operating Expenses ⓘ +	36	321	380	417	427	511	669	711	777	873
Manufacturing Costs	4	40	44	54	56	62	81	88	104	128
Material Costs	18	184	230	251	256	304	396	460	461	522
Employee Cost	3	38	39	42	44	52	56	61	74	98
Other Costs ⓘ	11	59	66	71	71	93	136	102	139	124
Operating Profit ⓘ	10	51	63	72	71	138	119	122	116	125
Operating Profit Margin (%)	21.9%	13.7%	14.3%	14.7%	14.3%	21.2%	15.1%	14.7%	13.0%	12.5%
Other Income ⓘ +	1	3	13	4	8	7	14	13	17	16
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	2	4	5	5	4	4	4	6	11	13
Depreciation ⓘ	3	37	38	39	39	39	41	44	47	54
Profit Before Tax ⓘ	7	13	34	33	36	101	87	85	74	75
Tax ⓘ	0	-6	11	7	6	56	24	24	9	17
Profit After Tax	7	18	23	26	30	45	63	61	65	58
PAT Margin (%)	14.1%	4.9%	5.1%	5.3%	6.0%	6.9%	8.0%	7.3%	7.3%	5.8%
Adjusted EPS (₹)	11.2	31.1	3.1	3.6	4.1	6.2	8.8	8.5	9.0	8.0
Dividend Payout Ratio (%)	0%	3%	32%	35%	30%	80%	40%	41%	39%	44%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	26	442	489	506	514	559	586	622	662	694
Share Capital ⓘ	2	3	36	36	36	36	36	36	36	36
Reserves ⓘ	24	439	453	470	478	523	550	586	626	658
Debt +	17	66	87	65	32	36	75	100	88	130
Long Term Debt	5	4	2	0	0	0	0	40	41	33
Short Term Debt	12	61	86	65	32	36	75	60	46	97
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	8	58	69	61	62	85	109	79	95	144
Others Liabilities ⓘ	8	88	41	3	23	71	63	185	196	208
Total Liabilities ⓘ	60	654	686	636	631	752	833	987	1,041	1,176
Fixed Assets
Net Fixed Assets ⓘ +	31	304	277	261	257	227	234	249	256	313
Gross Block	44	424	428	441	471	476	519	572	408	491
Accumulated Depreciation	13	119	152	180	214	249	285	323	152	178
CWIP ⓘ	0	1	3	6	4	18	15	30	77	7
Investments ⓘ	0	69	69	102	150	184	191	189	183	164
Inventories	5	44	50	87	74	101	170	172	172	267
Trade Receivables	19	155	207	141	125	157	180	200	190	224
Cash Equivalents	0	3	7	9	9	43	9	1	2	4
Others Assets ⓘ	5	78	73	31	13	22	35	146	161	197
Total Assets ⓘ	60	654	686	636	631	752	833	987	1,041	1,176

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	11	-7	10	91	119	91	10	63	117	24
PBT ⓘ	7	13	34	33	36	101	87	85	74	75
Adjustment ⓘ	5	49	43	39	38	39	40	34	78	49
Changes in Working Capital ⓘ	1	-57	-60	28	40	-32	-93	-27	-13	-76
Tax Paid ⓘ	-1	-11	-7	-8	5	-17	-25	-28	-22	-23
Cash Flow From Investing Activity ⓘ +	-2	-12	-19	-56	-50	-101	-8	-59	-85	-20
Capex	-2	-11	-15	-24	-17	-26	-49	-72	-102	-53
Net Investments	0	-2	-5	-34	-35	-76	38	10	14	30
Others ⓘ	0	1	1	1	2	1	2	3	3	3
Cash Flow From Financing Activity ⓘ +	-9	3	9	-35	-62	3	-2	-4	-31	-4
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-6	7	-3	-3	-2	0	0	40	18	-17
Interest Paid ⓘ	-2	-4	-4	-4	-2	-1	-2	-5	-9	-11
Dividend Paid ⓘ	0	0	-9	-9	-22	0	-36	-25	-25	-25
Others ⓘ	-1	0	24	-20	-36	4	37	-15	-15	49
Net Cash Flow ⓘ	0	-16	0	-1	7	-8	-0	-0	0	0

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	28.68	7.76	4.85	5.22	5.83	8.36	11.04	10.12	10.14	8.5
ROCE (%)	16.38	5.73	6.85	6.48	7.14	18.43	14.56	13.09	11.38	10.85
Asset Turnover Ratio	0.79	1.09	0.67	0.74	0.79	0.94	0.99	0.92	0.88	0.9
PAT to CFO Conversion(x)	1.57	-0.39	0.43	3.5	3.97	2.02	0.16	1.03	1.8	0.41
Working Capital Days
Receivable Days	139	81	148	130	97	79	78	83	80	76
Inventory Days	38	23	39	51	59	49	63	75	70	80
Payable Days	146	66	101	95	88	89	89	74	69	84

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IFGL Refractories Ltd FAQs

The current trading price of IFGL Refractories on 17-Apr-2026 16:59 is ₹181.6.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of IFGL Refractories stood at ₹1,309 Cr

The latest P/E ratio of IFGL Refractories as of 16-Apr-2026 is 30.48.

The latest P/B ratio of IFGL Refractories as of 16-Apr-2026 is 1.88.

The 52-week high of IFGL Refractories is ₹339.5 and the 52-week low is ₹120.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of IFGL Refractories is ₹1,103 ( Cr.) .

About IFGL Refractories Ltd

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IFGL Refractories Ltd (IFGLEXPOR) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

IFGL Refractories Share Price