IFGL Refractories financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹512cr+12.9% on Q1 FY26
Net profit
₹17.1cr+57.8% on Q1 FY26
EBITDA margin
7.2%−0.7 pts on Q1 FY26
EPS
₹2.37+58.0% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue512454+12.9%
EBITDA37.036.0+2.8%
EBITDA margin7.2%7.9%−0.7 pts
Profit before tax23.115.2+52.5%
Net profit17.110.8+57.8%
EPS₹2.37₹1.50+58.0%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹512 crNet profit₹17.1 crNet margin3.3%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
1,243————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
119119155185170
196196202163160
1,319————
1,9531,8941,6531,6391,387
—+14.6%+0.8%+18.2%—
137136129154153
7.0%7.2%7.8%9.4%11.0%
63.056.455.990.197.4
41.034.743.081.779.2
2.1%1.8%2.6%5.0%5.7%
₹5.68₹4.81₹5.96₹11.33₹10.99
—−19.3%−47.4%+3.1%—
—63.428.31526.3
—−63.7−72.9−135−137
−0.4−0.4−44.617.5−130
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

IFGLEXPOR₹172.48

IFGL Refractories Limited

· Capital Goods & Defence
₹ CrorePeersORIENTCERDENORARPELVESUVIUSMcap ₹1,243 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————1,243.2
- Cash, Equiv & ST Investments169.8184.8154.5119.5119.5
+ Total Debt160.2163.0202.4195.6195.6
Enterprise Value————1,319.4
Revenue1,386.51,639.51,653.01,894.31,952.6
Growth %, YoY—+18.2+0.8+14.6—
EBITDA152.9154.4128.6136.0137.0
Margin %11.039.427.787.187.02
EBIT97.490.155.956.463.0
Net Income79.281.743.034.741.0
Margin %5.714.982.601.832.10
EPS, Adj (current shares)10.9911.335.964.815.68
Growth %, YoY—+3.1-47.4-19.3—
Cash from Operations6.3152.228.363.4—
Capital Expenditures-136.6-134.7-72.9-63.7—
Free Cash Flow-130.317.5-44.6-0.4-0.4
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

IFGL Refractories financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

IFGL Refractories (NSE: IFGLEXPOR) had a market capitalisation of ₹1,176 crore at the 29 October 2026 close (₹163.11 a share), a PE ratio of 28.7 on the last four quarters' profit and a price-to-book ratio of 1.00. In FY26 its consolidated net profit was ₹34.7 crore on revenue of ₹1,894 crore; in Q1 FY27 (April–June 2026) it was ₹17.1 crore, up 57.8% year on year. Its debt-to-equity ratio was 0.17 on 31 March 2026. Promoters held 72.43% of the shares on 30 September 2026.

Share price used
₹163.11 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

IFGL Refractories at a glance · consolidated

Market cap
₹1,176 Crat ₹163.11 · 29 Oct close
PE ratio (last 4 quarters)
28.733.9 on FY26 profit
Price to book (PB)
1.00book value ₹163.00 a share
ROE (FY26)
3.0%−0.9 pts vs FY25ROCE 4.6%
Debt to equity
0.17net debt ₹74.6 Cr
Promoter holding
72.43%unchanged vs 30 Jun 202630 September 2026
Net worth
₹1,175 Cr+6.1% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
−₹35 lakh
EPS (FY26)
₹4.81

Questions

What is the IFGL Refractories PE ratio today?

IFGL Refractories' PE ratio is 28.7 at the 29 October 2026 close (₹163.11 a share): a market capitalisation of ₹1,176 crore divided by consolidated net profit of ₹41 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹34.7 crore) it is 33.9.

What is the IFGL Refractories debt to equity ratio?

IFGL Refractories' debt-to-equity ratio was 0.17 on 31 March 2026: borrowings of ₹196 crore against total equity of ₹1,175 crore. A year earlier, on 31 March 2025, it was 0.18.

What is the IFGL Refractories net worth?

IFGL Refractories' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,175 crore on 31 March 2026, up 6.1% from ₹1,107 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,176 crore at the 29 October 2026 close.

What is the IFGL Refractories PB ratio (price to book value)?

IFGL Refractories' price-to-book (PB) ratio is 1.00 at the 29 October 2026 close: a market capitalisation of ₹1,176 crore divided by shareholders' equity (book value) of ₹1,175 crore on 31 March 2026. That is a book value of ₹163.00 per share against a share price of ₹163.11.

What is the IFGL Refractories ROE and ROCE?

In FY26, IFGL Refractories' return on equity (ROE) was 3.0% and its return on capital employed (ROCE) was 4.6%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 3.9% and ROCE 4.7%.

What is the IFGL Refractories shareholding pattern?

On 30 September 2026, IFGL Refractories' shares were held by promoters 72.43%, foreign portfolio investors (FII/FPI) 0.02%, domestic institutions (DII) 12.87% (including mutual funds at 12.87%) and retail and other non-institutional investors 14.67%. Over the year, FII holding was down 0.01 percentage points from 0.03% and DII holding was down 0.65 percentage points from 13.52%.

What is the IFGL Refractories market cap?

IFGL Refractories' market capitalisation was ₹1,176 crore at the 29 October 2026 close: 7.21 crore shares at ₹163.11 each.

Is IFGL Refractories debt free?

No. IFGL Refractories had borrowings of ₹196 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.17. Its cash and current investments were ₹121 crore, so its net debt was ₹74.6 crore.

What is the IFGL Refractories dividend in 2026 and its record date?

In 2026, IFGL Refractories has declared one dividend: ₹2.15 with record date 29 July 2026.

What is the IFGL Refractories book value per share?

IFGL Refractories' book value per share was ₹163.00 on 31 March 2026: shareholders' equity of ₹1,175 crore divided by the 7.21 crore shares in issue. The share price at the 29 October 2026 close was ₹163.11.

What is the IFGL Refractories promoter holding?

Promoters held 72.43% of IFGL Refractories on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the IFGL Refractories free cash flow?

In FY26, IFGL Refractories generated ₹63.4 crore of cash from operations and spent ₹63.7 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹35 lakh. In FY25 it was −₹44.6 crore.

What is the IFGL Refractories EPS?

IFGL Refractories' basic earnings per share (EPS) were ₹4.81 in FY26.

What are the IFGL Refractories latest quarterly results?

IFGL Refractories' latest results are for Q1 FY27 (April–June 2026), filed on 8 August 2026: consolidated net profit ₹17.1 crore, up 57.8% from ₹10.8 crore in Q1 FY26; revenue from operations ₹512 crore, up 12.9% year on year.

When are the IFGL Refractories next results?

IFGL Refractories has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.

What is the IFGL Refractories revenue and profit in FY26?

In FY26 (April 2025–March 2026), IFGL Refractories' consolidated net profit was ₹34.7 crore, down 19.3% from ₹43 crore in FY25, on revenue from operations of ₹1,894 crore (up 14.6%). Over three years, from FY23, net profit was down 56.2%.

How does IFGL Refractories compare with its peers?

On FY26 consolidated figures, against ORIENT CERATECH, De Nora India and Raghav Productivity Enhancers: IFGL Refractories' operating margin of 3.0% is the lowest of the four (ORIENT CERATECH 6.1%, De Nora India 3.8%, Raghav Productivity Enhancers 26.5%; peer average 12.2%); its return on equity of 3.0% is the lowest of the four (ORIENT CERATECH 7.5%, De Nora India 7.3%, Raghav Productivity Enhancers 25.0%; peer average 13.2%).

How does the IFGL Refractories PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit, IFGL Refractories' PE ratio is 33.9, the third highest of the four: ORIENT CERATECH 21.3, De Nora India 41.2 and Raghav Productivity Enhancers 139.6, a peer average of 67.4. Each is the company's market capitalisation at that price divided by its FY26 net profit.

IFGL Refractories vs ORIENT CERATECH: how do they compare?

In FY26, IFGL Refractories earned net profit of ₹34.7 crore on revenue of ₹1,894 crore, against ₹21.9 crore on ₹404 crore for ORIENT CERATECH. IFGL Refractories' operating margin was 3.0% (ORIENT CERATECH 6.1%) and its return on equity 3.0% (ORIENT CERATECH 7.5%). At the 29 October 2026 close, IFGL Refractories' market capitalisation was ₹1,176 crore against ₹467 crore for ORIENT CERATECH, and its PE ratio on FY26 profit 33.9 against 21.3.

Where do these IFGL Refractories figures come from?

From IFGL Refractories' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.