Market cap
₹18 Cr
Revenue (TTM)
₹30 Cr
P/E Ratio
5.2
P/B Ratio
1.5
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | -- | 5.01 | -1.35 | 7.61 |
| EBIT | -- | -- | 21.96 | 20.99 | 26.52 |
| Net Profit | -- | -- | 34.13 | 28.53 | 39.25 |
| EPS | -- | -- | 34.13 | 28.53 | 34.27 |
| Book Value | -- | -- | 19.91 | 14.78 | 21.79 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-25 | Mar-24 | Mar-23 |
| EBIT-Margin
| 7.93 | 6.84 | 10.35 | 8.91 | 4.54 |
| Net Margin
| 4.86 | 4.13 | 6.91 | 5.40 | 2.26 |
| Return on equity
| 13.76 | 14.80 | 18.11 | 16.04 | 7.13 |
| Return on Capital
| 15.33 | 15.50 | 19.49 | 17.57 | 8.95 |
| Return on Assets
| 8.30 | 8.05 | 11.61 | 9.38 | 3.92 |
| Debt to Equity (x)
| -- | -- | 0.35 | 0.45 | 0.61 |
Profitability
ROCE
19.49
Higher than Peers by 4.06
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
19.49
|
17.57
|
8.95
|
16.28
|
15.22
|
|
Peer Median
|
15.42
|
--
|
16.80
|
--
|
--
|
ROE
18.11
Higher than Peers by 5.86
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
18.11
|
16.04
|
7.13
|
15.15
|
17.55
|
|
Peer Median
|
12.25
|
--
|
15.18
|
--
|
--
|
ROA
11.61
Higher than Peers by 4.32
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
11.61
|
9.38
|
3.92
|
7.62
|
7.71
|
|
Peer Median
|
7.29
|
--
|
8.74
|
--
|
--
|
EBIT Margin
10.35
Lower than Peers by 1.51
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
10.35
|
8.91
|
4.54
|
5.61
|
4.78
|
|
Peer Median
|
11.86
|
--
|
10.82
|
--
|
--
|
Net Margin
6.91
Lower than Peers by 2.88
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
6.91
|
5.40
|
2.26
|
3.12
|
2.93
|
|
Peer Median
|
9.79
|
--
|
12.65
|
--
|
--
|
Cash Profit Margin
8.23
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
8.23
|
6.55
|
3.15
|
3.05
|
3.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
5.01
Higher than Peers by 0.70
Year on year growth in net sales
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
5.01
|
5.78
|
-13.58
|
22.65
|
22.56
|
|
Peer Median
|
4.31
|
--
|
11.17
|
--
|
--
|
EBIT Growth
21.96
Higher than Peers by 32.63
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
21.96
|
107.86
|
-30.13
|
44.04
|
27.07
|
|
Peer Median
|
-10.67
|
--
|
-42.57
|
--
|
--
|
Net Profit Growth
34.13
Higher than Peers by 41.33
Year on year growth in profit after tax
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
34.13
|
153.14
|
-37.46
|
30.66
|
88.70
|
|
Peer Median
|
-7.20
|
--
|
-38.93
|
--
|
--
|
EPS Growth
34.13
Higher than Peers by 43.46
Year on year growth in earnings per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
34.13
|
153.14
|
-37.46
|
8.93
|
88.70
|
|
Peer Median
|
-9.33
|
--
|
-37.50
|
--
|
--
|
Book Value Growth
19.91
--
Year on year growth in book value per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
19.91
|
17.43
|
7.40
|
78.23
|
19.24
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.35
Higher than Peers by 0.18
Total debt / Net worth
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
0.35
|
0.45
|
0.61
|
0.61
|
0.81
|
|
Peer Median
|
0.17
|
--
|
0.12
|
--
|
--
|
Short term debt to equity ratio
0.26
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
0.26
|
0.25
|
0.37
|
0.47
|
0.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.42
Higher than Peers by 1.12
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
2.42
|
2.22
|
1.92
|
1.81
|
1.54
|
|
Peer Median
|
1.30
|
--
|
1.52
|
--
|
--
|
Quick Ratio
1.43
Higher than Peers by 0.45
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
1.43
|
1.57
|
1.32
|
1.41
|
1.29
|
|
Peer Median
|
0.98
|
--
|
1.04
|
--
|
--
|
Interest Coverage
9.12
Lower than Peers by 1.61
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
9.12
|
6.10
|
3.03
|
4.28
|
5.95
|
|
Peer Median
|
10.73
|
--
|
14.38
|
--
|
--
|
Operating Efficiency
Debtors to sales
20.95
Higher than Peers by 14.33
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
20.95
|
22.25
|
22.37
|
19.22
|
27.07
|
|
Peer Median
|
6.62
|
--
|
5.72
|
--
|
--
|
Asset Turnover
1.68
Higher than Peers by 1.05
Sales / Average Total Assets
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
1.68
|
1.73
|
1.74
|
3.06
|
3.29
|
|
Peer Median
|
0.63
|
--
|
0.69
|
--
|
--
|
Receivable days
76.89
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
76.89
|
79.19
|
81.41
|
60.01
|
64.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
46.13
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
46.13
|
37.56
|
35.77
|
17.01
|
15.35
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
21.93
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
21.93
|
25.44
|
25.83
|
20.41
|
14.18
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
101.10
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
101.10
|
91.31
|
91.34
|
56.61
|
65.96
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
10.27
Lower than Peers by 39.03
Current share price divided by earning per share in the last twelve months
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
10.27
|
16.70
|
23.25
|
15.36
|
--
|
|
Peer Median
|
49.30
|
--
|
52.36
|
--
|
--
|
Price / Book Value
1.71
Lower than Peers by 2.96
Current share price divided by book value per share in the latest financial year
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
1.71
|
2.48
|
1.60
|
1.82
|
--
|
|
Peer Median
|
4.67
|
--
|
3.81
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.37
|
--
|
0.58
|
--
|
--
|
EV/EBITDA
7.32
Lower than Peers by 24.09
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
7.32
|
10.51
|
13.28
|
9.67
|
3.53
|
|
Peer Median
|
31.42
|
--
|
18.31
|
--
|
--
|
Market Cap
21
Lower than Peers by 1,36,140
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
SP Refractories
|
21
|
26
|
14
|
15
|
--
|
|
Peer Median
|
1,36,161
|
--
|
1,04,068
|
--
|
--
|