IFGL Refractories Key Ratios
NSE: IFGLEXPOR | BSE: 540774
₹207.91
As on 01-Sep-2026IST
Market cap
₹1,492 Cr
Revenue (TTM)
₹1,953 Cr
P/E Ratio
36.4
P/B Ratio
1.3
Div. Yield
1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 6.09 | 12.85 | 15.37 | 10.40 | 12.29 |
| EBIT | 27.79 | 39.05 | 44.23 | -18.61 | -11.53 |
| Net Profit | 16.66 | 57.82 | 55.33 | -21.69 | -9.18 |
| EPS | 19.47 | 57.82 | 40.53 | -24.27 | -10.98 |
| Book Value | -- | -- | 6.13 | 5.34 | 5.70 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 6.75 | 5.09 | 3.22 | 3.03 | 3.44 |
| Net Margin
| 5.44 | 4.20 | 2.09 | 1.82 | 2.57 |
| Return on equity
| 8.06 | 6.30 | 3.91 | 3.04 | 3.94 |
| Return on Capital
| 9.90 | 8.13 | -- | 4.62 | 5.84 |
| Return on Assets
| 4.98 | 4.31 | 2.49 | 1.93 | 2.55 |
| Debt to Equity (x)
| -- | -- | 0.03 | 0.17 | 0.18 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
--
|
4.62
|
5.84
|
9.12
|
10.17
|
|
Peer Median
|
--
|
16.60
|
26.88
|
17.45
|
--
|
ROE
3.91
Lower than Peers by 13.27
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
3.91
|
3.04
|
3.94
|
7.86
|
8.17
|
|
Peer Median
|
17.18
|
13.77
|
21.06
|
12.85
|
--
|
ROA
2.49
Lower than Peers by 4.30
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
2.49
|
1.93
|
2.55
|
5.18
|
5.61
|
|
Peer Median
|
6.79
|
9.95
|
16.14
|
6.71
|
--
|
EBIT Margin
3.22
Lower than Peers by 3.80
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
3.22
|
3.03
|
3.44
|
5.50
|
6.99
|
|
Peer Median
|
7.03
|
13.46
|
17.67
|
10.90
|
--
|
Net Margin
2.09
Lower than Peers by 3.79
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
2.09
|
1.82
|
2.57
|
4.93
|
5.66
|
|
Peer Median
|
5.88
|
10.11
|
14.86
|
7.28
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
--
|
6.03
|
7.00
|
8.90
|
9.72
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
15.37
Higher than Peers by 8.28
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
15.37
|
14.59
|
0.83
|
18.25
|
10.08
|
|
Peer Median
|
7.09
|
33.90
|
16.35
|
2.54
|
--
|
EBIT Growth
44.23
Higher than Peers by 45.19
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
44.23
|
0.83
|
-36.92
|
-7.09
|
18.20
|
|
Peer Median
|
-0.96
|
49.20
|
0.17
|
-10.16
|
--
|
Net Profit Growth
55.33
Higher than Peers by 57.63
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
55.33
|
-19.27
|
-47.38
|
3.12
|
2.23
|
|
Peer Median
|
-2.30
|
40.53
|
-0.17
|
-9.15
|
--
|
EPS Growth
40.53
Higher than Peers by 62.93
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
40.53
|
-19.27
|
-47.38
|
3.12
|
2.23
|
|
Peer Median
|
-22.40
|
27.64
|
-16.66
|
-17.30
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
--
|
6.13
|
3.26
|
6.67
|
7.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.03
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
0.03
|
0.17
|
0.18
|
0.15
|
0.15
|
|
Peer Median
|
--
|
0.02
|
0.04
|
0.03
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
--
|
0.12
|
0.13
|
0.07
|
0.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.34
No difference
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
2.34
|
2.23
|
2.18
|
2.40
|
2.46
|
|
Peer Median
|
2.34
|
2.23
|
2.18
|
1.73
|
--
|
Quick Ratio
1.37
Lower than Peers by 0.14
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
1.37
|
1.34
|
1.29
|
1.60
|
1.62
|
|
Peer Median
|
1.51
|
2.49
|
2.54
|
1.80
|
--
|
Interest Coverage
4.76
Lower than Peers by 6.81
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
4.76
|
3.70
|
5.05
|
9.86
|
22.84
|
|
Peer Median
|
11.56
|
10.82
|
65.10
|
7.52
|
--
|
Operating Efficiency
Debtors to sales
21.77
Lower than Peers by 1.22
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
21.77
|
22.44
|
21.74
|
19.82
|
25.23
|
|
Peer Median
|
22.99
|
21.77
|
22.99
|
24.31
|
--
|
Asset Turnover
1.19
Higher than Peers by 0.19
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
1.19
|
1.06
|
0.98
|
1.04
|
0.98
|
|
Peer Median
|
1.00
|
1.11
|
1.05
|
0.99
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
--
|
75.58
|
75.56
|
75.12
|
81.85
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
--
|
78.62
|
77.88
|
67.10
|
73.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
--
|
86.32
|
91.59
|
80.21
|
94.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
--
|
67.88
|
61.85
|
62.00
|
61.47
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
36.43
Lower than Peers by 0.66
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
36.43
|
25.70
|
14.70
|
11.93
|
9.55
|
|
Peer Median
|
37.09
|
37.09
|
42.90
|
33.92
|
--
|
Price / Book Value
1.25
Lower than Peers by 0.02
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
1.25
|
0.76
|
1.14
|
1.82
|
0.75
|
|
Peer Median
|
1.27
|
1.35
|
5.61
|
2.74
|
--
|
Dividend Yield
1.04
Higher than Peers by 0.98
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
1.04
|
1.74
|
2.00
|
1.29
|
3.34
|
|
Peer Median
|
0.06
|
--
|
0.33
|
0.04
|
--
|
EV/EBITDA
11.15
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
11.15
|
7.04
|
9.54
|
11.78
|
5.10
|
|
Peer Median
|
--
|
27.80
|
29.38
|
29.13
|
--
|
Market Cap
1,492
Lower than Peers by 27
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IFGL Refractories
|
1,492
|
892
|
1,263
|
1,949
|
756
|
|
Peer Median
|
1,519
|
1,030
|
1,238
|
474
|
--
|