Market cap
₹59 Cr
Revenue (TTM)
₹59 Cr
P/E Ratio
12.3
P/B Ratio
1.3
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | -- | 44.93 | 32.09 | -- |
| EBIT | -- | -- | 76.99 | 33.93 | -- |
| Net Profit | -- | -- | 50.30 | 28.21 | -- |
| EPS | -- | -- | 8.94 | 15.17 | -- |
| Book Value | -- | -- | 60.50 | 30.17 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-25 | Mar-24 | Mar-23 |
| EBIT-Margin
| -- | -- | 13.34 | 10.93 | 7.42 |
| Net Margin
| -- | -- | 10.11 | 9.35 | 4.94 |
| Return on equity
| -- | -- | 18.18 | 21.45 | 11.49 |
| Return on Capital
| -- | -- | 16.60 | 16.97 | 9.93 |
| Return on Assets
| -- | -- | 9.95 | 7.98 | 3.90 |
| Debt to Equity (x)
| -- | -- | 0.37 | 1.13 | 1.22 |
Profitability
ROCE
16.60
Lower than Peers by 10.28
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
16.60
|
16.97
|
9.93
|
--
|
--
|
|
Peer Median
|
26.88
|
17.45
|
--
|
10.79
|
9.53
|
ROE
18.18
Lower than Peers by 2.88
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
18.18
|
21.45
|
11.49
|
--
|
--
|
|
Peer Median
|
21.06
|
12.85
|
--
|
8.16
|
3.22
|
ROA
9.95
Lower than Peers by 6.19
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
9.95
|
7.98
|
3.90
|
--
|
--
|
|
Peer Median
|
16.14
|
6.71
|
--
|
5.64
|
2.25
|
EBIT Margin
13.34
Lower than Peers by 4.32
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
13.34
|
10.93
|
7.42
|
--
|
--
|
|
Peer Median
|
17.67
|
10.90
|
--
|
7.88
|
9.10
|
Net Margin
10.11
Lower than Peers by 4.75
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
10.11
|
9.35
|
4.94
|
--
|
--
|
|
Peer Median
|
14.86
|
7.28
|
--
|
6.20
|
3.98
|
Cash Profit Margin
14.48
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
14.48
|
14.71
|
7.84
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
44.93
Higher than Peers by 28.58
Year on year growth in net sales
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
44.93
|
6.80
|
--
|
--
|
--
|
|
Peer Median
|
16.35
|
2.54
|
--
|
20.78
|
30.20
|
EBIT Growth
76.99
Higher than Peers by 76.81
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
76.99
|
57.20
|
--
|
--
|
--
|
|
Peer Median
|
0.17
|
-10.16
|
--
|
-3.56
|
70.47
|
Net Profit Growth
50.30
Higher than Peers by 50.47
Year on year growth in profit after tax
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
50.30
|
109.87
|
--
|
--
|
--
|
|
Peer Median
|
-0.17
|
-9.15
|
--
|
22.55
|
41.64
|
EPS Growth
9.01
Higher than Peers by 25.67
Year on year growth in earnings per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
9.01
|
116.90
|
--
|
--
|
--
|
|
Peer Median
|
-16.66
|
-17.30
|
--
|
1,254.17
|
41.64
|
Book Value Growth
119.24
--
Year on year growth in book value per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
119.24
|
24.93
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.37
Higher than Peers by 0.34
Total debt / Net worth
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
0.37
|
1.13
|
1.22
|
--
|
--
|
|
Peer Median
|
0.04
|
0.03
|
--
|
0.03
|
--
|
Short term debt to equity ratio
0.14
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
0.14
|
0.58
|
0.53
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.63
Higher than Peers by 0.45
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
2.63
|
1.34
|
1.13
|
--
|
--
|
|
Peer Median
|
2.18
|
1.73
|
--
|
2.93
|
2.56
|
Quick Ratio
1.41
Lower than Peers by 1.13
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
1.41
|
0.63
|
0.72
|
--
|
--
|
|
Peer Median
|
2.54
|
1.80
|
--
|
2.31
|
2.04
|
Interest Coverage
10.82
Lower than Peers by 54.28
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
10.82
|
4.42
|
3.39
|
--
|
--
|
|
Peer Median
|
65.10
|
7.52
|
--
|
41.44
|
31.38
|
Operating Efficiency
Debtors to sales
21.59
Lower than Peers by 1.39
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
21.59
|
17.15
|
20.20
|
--
|
--
|
|
Peer Median
|
22.99
|
24.31
|
--
|
27.58
|
26.83
|
Asset Turnover
0.97
Lower than Peers by 0.09
Sales / Average Total Assets
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
0.97
|
0.80
|
0.77
|
--
|
--
|
|
Peer Median
|
1.05
|
0.99
|
--
|
1.05
|
0.96
|
Receivable days
60.99
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
60.99
|
65.80
|
73.72
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
94.99
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
94.99
|
100.79
|
82.28
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
81.29
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
81.29
|
186.32
|
234.95
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
74.70
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
74.70
|
-19.73
|
-78.96
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
22.74
Lower than Peers by 20.16
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
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
22.74
|
--
|
--
|
--
|
--
|
|
Peer Median
|
42.90
|
33.92
|
--
|
39.40
|
40.41
|
Price / Book Value
3.11
Lower than Peers by 2.50
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
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
3.11
|
--
|
--
|
--
|
--
|
|
Peer Median
|
5.61
|
2.74
|
--
|
3.76
|
3.51
|
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
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.33
|
0.04
|
--
|
0.30
|
0.03
|
EV/EBITDA
13.68
Lower than Peers by 15.70
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
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
13.68
|
4.08
|
3.37
|
--
|
--
|
|
Peer Median
|
29.38
|
29.13
|
--
|
19.13
|
24.43
|
Market Cap
142
Lower than Peers by 1,095
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Refractory Shapes
|
142
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,238
|
474
|
--
|
739
|
665
|